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Upper Saranac Lake Foundation Inc

Upper Saranac Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223041892 ✦ Saranac lake, NY ✦ Designated as a 501(c)(3)

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Overview

What is Upper Saranac Lake Foundation Inc?

Upper Saranac Lake Foundation Inc, also known as Upper Saranac Foundation, is a nonprofit organization situated in Saranac Lake, New York. With a primary focus on environmental preservation, they conduct water-quality testing and monitoring, work on milfoil eradication, and maintain dams to safeguard and enhance the natural beauty and environmental quality of the Upper Saranac Lake region. Their mission is to ensure the region's long-term ecological health and recreational enjoyment, encompassing a total of 8 dedicated employees.


Official website here: www.usfoundation.net

What are the reviews and ratings of this charity?

Charity Navigator Rating 77% - Three-Star out of Four Star Rating

The Upper Saranac Lake Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The foundation earned its score primarily through its high marks in various governance metrics, such as having a fully independent board and no material diversion of assets. This reflects a strong commitment to ethical oversight and financial management.

Despite these strengths, the foundation does have some areas for improvement. Notably, it lacks a whistleblower policy and a document retention and destruction policy, both of which are important for maintaining transparency and accountability. Addressing these gaps could enhance the foundation’s overall governance framework and further bolster its credibility.

Financially, the foundation demonstrates effective resource management, with a program expense ratio of 87.53%, indicating that a significant portion of its funds is directed towards its programs. The low liabilities to assets ratio of 0.10% further underscores its solid financial health, making it a reliable organization for potential donors.


This AI summary has been generated from information found on Charity Navigator.

Is Upper Saranac Lake Foundation Inc legitimate?

Upper Saranac Lake Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Upper Saranac Lake Foundation 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: $163,277

For more financial information, click here


Official website here: www.usfoundation.net

What is the mission statement of Upper Saranac Lake Foundation Inc?

The Upper Saranac Lake Foundation Inc's mission is centered around preserving, enhancing, and protecting the natural beauty, environmental quality, and recreational enjoyment of the Upper Saranac Lake region. They strive to maintain the region's environmental integrity through various initiatives, such as water-quality testing and monitoring, milfoil eradication, and dam maintenance. The foundation's objective is to ensure the region remains a pristine and enjoyable space for both local and visiting communities.


Official website here: www.usfoundation.net

Who is the CEO of Upper Saranac Lake Foundation Inc?

Tom Swayne is the President And Director of Upper Saranac Lake Foundation Inc.


Official website here: www.usfoundation.net

What is the revenue of Upper Saranac Lake Foundation Inc?

Upper Saranac Lake Foundation Inc's revenue in 2022 was $903,368.


Official website here: www.usfoundation.net

Who are the executives of Upper Saranac Lake Foundation Inc and what are their salaries?

The average compensation at Upper Saranac Lake Foundation Inc during 2022 was $20,410. There are 8 employees at Upper Saranac Lake Foundation Inc.


Here are 16 key members and their salaries:


Tom Swayne (President And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Kuhn (Treasurer And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Birdsong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Bodnar (Secretary And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Bickford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curt Stiles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Werner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Wolfe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul N Leitner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynne Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James A Schoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross S Whaley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Packard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Short (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond L Moats (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.usfoundation.net

Where can I find the form 990 for Upper Saranac Lake Foundation Inc?

Upper Saranac Lake Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.usfoundation.net

Learn more at the official website: www.usfoundation.net

Mission Statement of Upper Saranac Lake Foundation Inc

The Upper Saranac Lake Foundation Inc is dedicated to preserving, enhancing, and protecting the natural beauty, environmental quality, and recreational enjoyment of the Upper Saranac Lake region. To achieve this mission, the organization undertakes various initiatives. One of their key focus areas is maintaining the environmental quality of Upper Saranac Lake. They carry out water-quality testing and monitoring, eradicate milfoil, and ensure proper dam maintenance. These measures are crucial in safeguarding the lake's health and ensuring it remains a pristine and enjoyable recreational spot for all. In essence, the Upper Saranac Lake Foundation Inc is committed to preserving the region's natural charm and sustaining its environmental integrity for future generations to enjoy.

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Impact




October, 2024

Upper Saranac Lake Foundation Inc significantly impacts the region's ecological health and recreational experience. Through comprehensive water-quality testing and monitoring, the foundation ensures that the lake remains clean and safe for both aquatic life and human enjoyment. Its proactive efforts in milfoil eradication tackle invasive species that threaten the natural balance of the ecosystem, preserving biodiversity and the integrity of the lake's environment. Additionally, the foundation's commitment to dam maintenance supports the overall hydrology, protecting the region from potential flooding while enhancing the scenic qualities of the area. By focusing on these critical areas, the foundation contributes to the long-term vitality of the Upper Saranac Lake region, promoting sustainable recreation and environmental stewardship for current and future generations.




This information is meant to be a general summary of Upper Saranac Lake Foundation 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.

Revenue
$903,368 (2022)
Expenses
$353,817 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,891
  • Program Service Revenue: $26,800
  • Gross Receipts: $2,466,887

Assets and Liabilities:

  • Total Assets: $2,656,891
  • Total Liabilities: $2,743
  • Net Assets: $2,654,148

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Organization Details

Founding Year

1989

Principal Officer

Tom Swayne

Main Address

P O BOX 1356, SARANAC LAKE, NY, 129837356

NTEE Category

Code: B28Z - Education

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