Overview
What is Skaneateles Lake Association Inc?
Skaneateles Lake Association Inc, based in Skaneateles, New York, is a nonprofit organization devoted to the protection and preservation of the water quality of Skaneateles Lake. Their mission encompasses environmentally sound management of its watershed. To achieve this, they conduct a lake-wide milfoil eradication and management program, aim to control nutrient loading into the lake and soil erosion around the lake through best management practices for land use, and run a steward program at various lake launch sites to check boats for invasive species upon entry and exit. The Association also actively engages in community-wide education and outreach to promote their initiatives, with a workforce of 23 dedicated individuals.
Official website here: www.skaneateleslake.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 83% (Three-Star out of Four Star rating).
The Skaneateles Lake Association Inc has achieved a commendable rating of 83%, indicating strong performance in accountability and finance. The organization excels in several areas, including having a fully independent board, no material diversion of assets, and a high program expense ratio of nearly 90%. These factors suggest that the charity is effectively managing its resources and is committed to its mission.
While the organization demonstrates robust financial practices, it has some limitations. Notably, the association is missing a whistleblower policy and a document retention and destruction policy, which could be areas for improvement in enhancing transparency and governance. Nonetheless, the overall accountability measures in place contribute positively to the organization's credibility and trustworthiness.
In summary, the Skaneateles Lake Association Inc stands out for its strong governance and financial accountability, although it could benefit from addressing certain policy gaps. The high percentage of program expenses indicates that a significant portion of its resources is directed towards fulfilling its mission, making it a responsible choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Skaneateles Lake Association Inc legitimate?
Skaneateles Lake Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Skaneateles Lake Association 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: $70,077
Professional Fundraising Fees: $0
Other Salaries and Wages: $72,206
For more financial information, click here
Official website here: www.skaneateleslake.org
What is the mission statement of Skaneateles Lake Association Inc?
The Skaneateles Lake Association Inc is dedicated to preserving the water quality of Skaneateles Lake and promoting environmentally sound regional management of its watershed. To achieve this, they have implemented a lake-wide milfoil eradication/management program, and steward programs at various lake launch sites to inspect boats for invasive species upon entering and leaving the lake. Furthermore, they engage in community-wide education on the best management practices for land use to control nutrient loading into the lake and soil erosion around it.
Official website here: www.skaneateleslake.org
Who is the CEO of Skaneateles Lake Association Inc?
Richard Hole is the President of Skaneateles Lake Association Inc.
Official website here: www.skaneateleslake.org
What is the revenue of Skaneateles Lake Association Inc?
Skaneateles Lake Association Inc's revenue in 2022 was $467,115.
Official website here: www.skaneateleslake.org
Who are the executives of Skaneateles Lake Association Inc and what are their salaries?
The average compensation at Skaneateles Lake Association Inc during 2022 was $6,186. There are 23 employees and 61 volunteers at Skaneateles Lake Association Inc.
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Official website here: www.skaneateleslake.org
Where can I find the form 990 for Skaneateles Lake Association Inc?
Skaneateles Lake Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.skaneateleslake.org
Learn more at the official website: www.skaneateleslake.org
Mission Statement of Skaneateles Lake Association Inc
The Skaneateles Lake Association Inc is a dedicated organization with a mission to protect the water quality of Skaneateles Lake and to promote environmentally sound regional management of its watershed. To achieve this, the organization conducts various programs aimed at ensuring the lake's health and sustainability.
One of their significant initiatives involves a lake-wide milfoil eradication and management program. This program focuses on controlling the spread of invasive aquatic plants that can harm the lake's ecosystem.
In addition, the Skaneateles Lake Association Inc engages in a steward program at various lake launch sites. Here, they check boats for invasive species before they enter and leave the lake, a crucial step in preventing the introduction and spread of harmful organisms.
Moreover, the organization is committed to educating the community about the best management practices for land use. By doing so, they aim to control nutrient loading into the lake and soil erosion around the lake, thereby preserving the lake's pristine condition.
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Impact
July, 2024
The Skaneateles Lake Association Inc has a significant impact on the preservation and quality of Skaneateles Lake and its surrounding watershed. The organization has actively conducted milfoil eradication and management programs to protect the lake's ecosystem. Additionally, their steward program, which monitors boats for invasive species, helps prevent the introduction of harmful elements into the lake. Through community-wide education initiatives, the association promotes best practices for land use to reduce nutrient loading and soil erosion, contributing to the overall health of Skaneateles Lake.
This information is meant to be a general summary of Skaneateles Lake Association 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: $8,928
- Gross Receipts: $467,115
Assets and Liabilities:
- Total Assets: $915,153
- Total Liabilities: $0
- Net Assets: $915,153
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Organization Details
Founding Year
1969
Phone
(315) 427-2687Principal Officer
Richard Hole
Main Address
PO BOX 182, SKANEATELES, NY, 13152
Website
www.skaneateleslake.orgNTEE Category
Code: C32 - Environment
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