Overview
What is Middlebury Area Land Trust?
The Middlebury Area Land Trust is a non-profit organization situated in Middlebury, Vermont. Their primary mission is preserving land in Addison County and monitoring various trust lands. This work is geared towards promoting conservation, recreation, and education within the Middlebury Area. Specifically, they strive to foster a connection between the local community and the natural environment, aiming to enrich the lives of residents by providing opportunities for learning and enjoyment. With a team of seven dedicated individuals, they work tirelessly to ensure the preservation of land and the promotion of environmental awareness.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 62%, Two-Star out of Four Star rating.
The Middlebury Area Land Trust has received a Two-Star rating from Charity Navigator, indicating some challenges in its overall financial health and accountability. While the organization scores highly in areas like board independence and asset management, it falls short in program expense ratio, which is a crucial measure of how much of its budget is allocated to its core mission-related activities.
Strengths include a fully independent board and solid policies governing conflicts of interest and document retention. The organization has demonstrated responsible asset management, with very low liabilities compared to assets, signaling financial stability. However, the low program expense ratio suggests that a significant portion of funds may not be directed toward direct programs, which could raise concerns among potential donors about the effectiveness of their contributions.
Overall, while the Middlebury Area Land Trust has strong governance practices in place, the financial metrics warrant attention. Improving the program expense ratio would enhance its effectiveness and potentially lead to a better rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Middlebury Area Land Trust legitimate?
Middlebury Area Land Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Middlebury Area Land Trust 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: $153,280
For more financial information, click here
What is the mission statement of Middlebury Area Land Trust?
The Middlebury Area Land Trust is dedicated to promoting conservation, recreation, and education within the specified region. Their mission is geared towards preserving land and overseeing various trust lands. The organization's primary goal is to foster a sustainable environment for future generations by balancing conservation efforts with recreational opportunities and educational outreach.
Who is the CEO of Middlebury Area Land Trust?
Chris Anderson is the Treasurer of Middlebury Area Land Trust.
What is the revenue of Middlebury Area Land Trust?
Middlebury Area Land Trust's revenue in 2022 was $307,080.
Who are the executives of Middlebury Area Land Trust and what are their salaries?
The average compensation at Middlebury Area Land Trust during 2022 was $21,897. There are 7 employees and 185 volunteers at Middlebury Area Land Trust.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Middlebury Area Land Trust?
Middlebury Area Land Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Middlebury Area Land Trust
The Middlebury Area Land Trust, a conservation-focused organization, is dedicated to promoting preservation, recreation, and education within the Middlebury Area. With a mission rooted in conservation, the Trust strives to safeguard land in Addison County, ensuring the preservation of natural habitats and scenic landscapes for future generations. Additionally, the Trust is committed to fostering community engagement and learning by providing educational programs and opportunities for recreational activities, thereby enriching the quality of life for local residents. The Trust also monitors various trust lands to ensure their continued preservation and sustainable management for the benefit of the community and the environment.
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Impact
June, 2024
Middlebury Area Land Trust's impact can be seen in the preservation of land in Addison County, VT. By promoting conservation, recreation, and education in the Middlebury Area, the organization ensures that natural spaces are protected for future generations. Through their monitoring of various trust lands, Middlebury Area Land Trust plays a crucial role in safeguarding the environment and providing opportunities for outdoor recreation and learning.
This information is meant to be a general summary of Middlebury Area Land Trust. 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 2022.
- Investment Income: $21,783
- Program Service Revenue: $111,594
- Gross Receipts: $307,080
Assets and Liabilities:
- Total Assets: $1,491,952
- Total Liabilities: $604
- Net Assets: $1,491,348
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Programs
Revenue
$87,540
Conservation
Revenue
$9,927
Stewardship
Revenue
$14,127
Organization Details
Founding Year
1987
Phone
(802) 388-1007Principal Officer
Chris Anderson
Main Address
PO Box 804, Middlebury, VT, 057530804
NTEE Category
Code: C340 - Environment
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