Overview
What is Lakes Environmental Association?
Lakes Environmental Association is a nonprofit organization, based in Bridgton, Maine, specifically at 230 Main Street, ZIP code 04009. Their primary mission is to protect the water quality of six local towns, working in collaboration with municipalities. This is achieved through scientific testing and education, aimed at preserving and restoring the high quality and traditional character of Maine's lakes, watersheds, and related natural resources. With a workforce of 62 dedicated individuals, the Lakes Environmental Association strives to safeguard the environment and promote a sustainable future for the local communities.
Official website here: www.mainelakes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating
Lakes Environmental Association has received a two-star rating from Charity Navigator, indicating room for improvement in its accountability and financial practices. The organization showcases strengths such as a fully independent board and a solid program expense ratio of over 90%, suggesting that a significant portion of its funds is directed toward its mission-related activities.
Despite these strengths, the organization has notable gaps in its governance policies, including the absence of a whistleblower policy and a document retention and destruction policy. Additionally, the tax form is not available on the nonprofit’s website, which could hinder transparency and accessibility for potential donors and stakeholders.
Overall, while Lakes Environmental Association demonstrates high program effectiveness and an independent governance structure, addressing its policy deficiencies could enhance its accountability and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Lakes Environmental Association legitimate?
Lakes Environmental Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakes Environmental Association 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: $93,945
Professional Fundraising Fees: $0
Other Salaries and Wages: $408,760
For more financial information, click here
Official website here: www.mainelakes.org
What is the mission statement of Lakes Environmental Association?
The Lakes Environmental Association is dedicated to preserving and restoring the high water quality and traditional character of various lakes, watersheds, and related natural resources. Through scientific testing and education, they aim to protect these precious resources and ensure their continued health. The association collaborates with local municipalities to provide water quality protection services to residents in several towns, working towards a sustainable future for these ecosystems.
Official website here: www.mainelakes.org
Who is the CEO of Lakes Environmental Association?
Colin Holme is the Exec Director of Lakes Environmental Association.
Official website here: www.mainelakes.org
What is the revenue of Lakes Environmental Association?
Lakes Environmental Association's revenue in 2022 was $1,188,701.
Official website here: www.mainelakes.org
Who are the executives of Lakes Environmental Association and what are their salaries?
The average compensation at Lakes Environmental Association during 2022 was $8,108. There are 62 employees at Lakes Environmental Association.
Here are 17 key members and their salaries:
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Official website here: www.mainelakes.org
Where can I find the form 990 for Lakes Environmental Association?
Lakes Environmental Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mainelakes.org
Learn more at the official website: www.mainelakes.org
Mission Statement of Lakes Environmental Association
The Lakes Environmental Association, a dedicated nonprofit organization, is committed to preserving and restoring the pristine water quality and traditional character of Maine's lakes, watersheds, and related natural resources. Through scientific testing and education, this esteemed organization aims to protect these vital water bodies and maintain their inherent beauty for future generations. In collaboration with local municipalities, the Association provides water quality protection services to residents in six towns, ensuring the wellbeing of these precious resources and the communities that depend on them.
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Impact
June, 2024
Lakes Environmental Association conducts scientific testing and provides education to preserve and restore the high water quality and traditional character of Maine's lakes, watersheds, and related natural resources. It offers water quality protection services to residents of six towns in cooperation with local municipalities. The organization's work is crucial in safeguarding the environment and ensuring the sustainability of Maine's precious water resources. Through its efforts, Lakes Environmental Association has a direct and significant impact on protecting and enhancing the natural beauty and ecological integrity of the region.
This information is meant to be a general summary of Lakes Environmental Association. 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: $106,274
- Gross Receipts: $1,189,836
Assets and Liabilities:
- Total Assets: $3,608,404
- Total Liabilities: $5,746
- Net Assets: $3,602,658
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Organization Details
Founding Year
1970
Principal Officer
Colin Holme
Main Address
230 MAIN STREET, BRIDGTON, ME, 04009
Website
www.mainelakes.orgNTEE Category
Code: C200 - Environment
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