Overview
What is Loon Echo Land Trust Inc?
Loon Echo Land Trust Inc is a non-profit organization based in Bridgton, Maine, specifically at 8 Depot Street Suite 4, 04009. Its mission is to preserve and conserve the natural resources and character of the northern Sebago Lake region for future generations. To achieve this, the Trust focuses on managing parcels of land they own or have easements for, as well as identifying additional land areas for preservation or conservation through easements. The Trust employs a team of 7 individuals and is actively working towards its goal of maintaining and protecting the region's ecological integrity and beauty.
Official website here: www.loonecholandtrust.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Loon Echo Land Trust Inc has received a strong rating from Charity Navigator, indicating a high level of accountability and finance management. The organization scored particularly well in areas such as independent board membership and financial oversight, with 100% of board members being independent and a perfect score for their audit and oversight committee. However, the absence of a whistleblower policy is noted as a limitation.
User feedback from Great Nonprofits highlights the trust's accredited status since July 2017, reflecting its commitment to national quality standards in land conservation. The review emphasizes the trust's dedication to excellence and responsible operation in preserving natural landscapes and working lands, which adds credibility to its operations.
Overall, Loon Echo Land Trust Inc is recognized for its strong governance and financial health, with user reviews praising its commitment to conservation and ethical practices. Despite certain gaps in policy, the organization appears to be a reliable steward of natural resources, aiming to protect vital ecosystems.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Loon Echo Land Trust Inc legitimate?
Loon Echo Land Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loon Echo Land 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: $72,564
Professional Fundraising Fees: $0
Other Salaries and Wages: $251,349
For more financial information, click here
Official website here: www.loonecholandtrust.org
What is the mission statement of Loon Echo Land Trust Inc?
The Loon Echo Land Trust Inc, in a nutshell, focuses on preserving land in the northern Sebago Lake region to safeguard its natural resources and maintain its unique character for future generations. Their mission encompasses the management of various parcels of land, either owned by the Trust or under its easement, and continuously seeking new areas to be preserved or placed under conservation easement.
Official website here: www.loonecholandtrust.org
Who is the CEO of Loon Echo Land Trust Inc?
Sheila Bourque is the Exceutive Director of Loon Echo Land Trust Inc.
Official website here: www.loonecholandtrust.org
What is the revenue of Loon Echo Land Trust Inc?
Loon Echo Land Trust Inc's revenue in 2022 was $1,014,170.
Official website here: www.loonecholandtrust.org
Who are the executives of Loon Echo Land Trust Inc and what are their salaries?
The average compensation at Loon Echo Land Trust Inc during 2022 was $46,273. There are 7 employees and 125 volunteers at Loon Echo Land Trust Inc.
Here are 13 key members and their salaries:
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Official website here: www.loonecholandtrust.org
Where can I find the form 990 for Loon Echo Land Trust Inc?
Loon Echo Land Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.loonecholandtrust.org
Learn more at the official website: www.loonecholandtrust.org
Mission Statement of Loon Echo Land Trust Inc
Loon Echo Land Trust, a dedicated organization, is committed to the protection of land in the northern Sebago Lake region. Their primary mission is to conserve the natural resources and preserve the unique character of this area for future generations. Through their efforts, they aim to safeguard the region's pristine beauty and ensure its long-term sustainability. To achieve this, the Trust engages in the management and maintenance of parcels of land that they own or hold easements for. Furthermore, they are continually on the lookout for new land areas to preserve or put under conservation easement, demonstrating their unwavering dedication to their cause. By protecting the land, Loon Echo Land Trust is making a significant contribution to the conservation of our environment and ensuring a better future for all.
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Impact
June, 2024
Loon Echo Land Trust's impact is evident in the preservation and conservation of land in the northern Sebago Lake region. By safeguarding natural resources and maintaining the area's unique character, the Trust is ensuring that future generations can continue to enjoy the beauty and benefits of this environment. Through its management and maintenance of land parcels, as well as its efforts to identify areas for preservation and conservation easements, Loon Echo Land Trust is making a tangible and long-lasting contribution to environmental protection in the region.
This information is meant to be a general summary of Loon Echo Land 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 2022.
- Investment Income: $38,709
- Gross Receipts: $1,111,665
Assets and Liabilities:
- Total Assets: $9,795,138
- Total Liabilities: $0
- Net Assets: $9,795,138
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Organization Details
Founding Year
1987
Phone
(207) 647-4352Principal Officer
Sheila Bourque
Main Address
8 Depot Street Suite 4, Bridgton, ME, 04009
Website
www.loonecholandtrust.orgNTEE Category
Code: C340 - Environment
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