Overview
What is Sippican Lands Trust Inc?
Sippican Lands Trust Inc is a nonprofit organization based in the town of Marion, Massachusetts. Their primary mission is to preserve open land in its natural state, as stated by their mission description. Specifically, they work towards acquiring land within Marion to protect its natural beauty. The organization operates with a team of three employees, as per the information provided. Their activities are focused solely on land acquisition for the purpose of preserving open space. The trust does not disclose any additional details about their programs or services, but their core mission highlights their commitment to preserving the town's natural environment.
Official website here: www.sippicanlandstrust.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61%, earning a Two-Star out of Four Star rating.
Sippican Lands Trust Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization has strengths in governance, with a fully independent board and no material diversion of assets, which reflects positively on its oversight and integrity. Additionally, the trust has implemented policies for conflicts of interest and has maintained detailed documentation of board meeting minutes.
However, the organization faces significant limitations that have impacted its rating. Notably, it lacks a whistleblower policy and a document retention policy, which are critical for transparent and responsible governance. Moreover, its program expense ratio is relatively low at 52.7%, suggesting that a smaller portion of its expenses is directed towards its programs compared to administrative costs, which could be a concern for potential donors seeking effective use of funds. Overall, while Sippican Lands Trust Inc demonstrates some strong governance practices, there are key areas needing improvement to enhance its accountability and financial commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Sippican Lands Trust Inc legitimate?
Sippican Lands Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sippican Lands Trust Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,974
For more financial information, click here
Official website here: www.sippicanlandstrust.org
What is the mission statement of Sippican Lands Trust Inc?
The Sippican Lands Trust Inc's mission is dedicated to preserving open spaces in a specific town, focusing on the area of Marion. Their primary goal is to acquire land in its natural state, with the aim of maintaining the town's greenery and natural beauty for future generations. They strive to ensure the protection and conservation of these lands, contributing to the overall health and well-being of the environment.
Official website here: www.sippicanlandstrust.org
What is the revenue of Sippican Lands Trust Inc?
Sippican Lands Trust Inc's revenue in 2024 was $519,571.
Official website here: www.sippicanlandstrust.org
Who are the executives of Sippican Lands Trust Inc and what are their salaries?
The average compensation at Sippican Lands Trust Inc during 2024 was $12,991. There are 3 employees and 30 volunteers at Sippican Lands Trust Inc.
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Official website here: www.sippicanlandstrust.org
Where can I find the form 990 for Sippican Lands Trust Inc?
Sippican Lands Trust Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.sippicanlandstrust.org
Learn more at the official website: www.sippicanlandstrust.org
Mission Statement of Sippican Lands Trust Inc
The Sippican Lands Trust Inc, a dedicated non-profit organization, is committed to acquiring and preserving open land in its natural state. Their mission is to safeguard the pristine beauty of the landscapes within the town of Marion, Massachusetts. By acquiring open spaces, they aim to ensure that these areas remain untouched, offering future generations a chance to experience and appreciate the natural world as it once was.
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Impact
June, 2024
Sippican Lands Trust Inc's impact is felt through its efforts to acquire and preserve open land in the town of Marion, Massachusetts. By conserving these natural spaces, the organization contributes to the protection of the local environment and ecosystem. The preservation of open space also provides opportunities for the community to enjoy nature, engage in outdoor activities, and appreciate the beauty of the region. Through its mission-driven work, Sippican Lands Trust Inc plays a significant role in safeguarding the natural landscape and promoting environmental conservation in Marion.
This information is meant to be a general summary of Sippican Lands Trust Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $15,126
- Program Service Revenue: $1,483
- Gross Receipts: $520,505
Assets and Liabilities:
- Total Assets: $6,833,275
- Total Liabilities: $2,716
- Net Assets: $6,830,559
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUY-A-BOARD
Revenue
$1,483
Organization Details
Founding Year
1986
Principal Officer
Catherine Stone
Website
www.sippicanlandstrust.orgNTEE Category
Code: C340 - Environment
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