Overview
What is Woodbridge Park Association Inc?
Woodbridge Park Association Inc, located in Woodbridge, Connecticut, is a nonprofit organization. Their primary mission is to manage and preserve land within the town for passive recreational use. This includes parks and nature preserves, providing habitats for plants and animals. Beyond this, they engage with the community through various initiatives. Notably, they publish newsletters and offer high school scholarships. Their goal is to contribute positively to the local community while maintaining the natural beauty of the area for future generations.
Official website here: www.woodbridgepark.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Stars
Woodbridge Park Association Inc has received a One-Star rating from Charity Navigator, indicating a moderate level of financial health and accountability. The overall score of 50% reflects strong governance practices, with a fully independent board and no material diversion of assets. Additionally, the organization has well-documented policies for conflicts of interest and whistleblowing, contributing positively to its accountability.
However, significant concerns arise from the organization's financial metrics. The program expense ratio stands at 49.36%, which suggests that less than half of its expenditures are directed towards its programs. Additionally, the liabilities to assets ratio is quite low at 0.36%, which may raise questions about financial sustainability and the effective use of donations. Furthermore, the absence of the nonprofit's tax form on its website is a notable limitation that affects transparency.
In summary, while Woodbridge Park Association Inc demonstrates solid governance and a commitment to accountability, its financial allocation practices significantly hinder its overall rating. Potential donors should consider these factors while evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Woodbridge Park Association Inc legitimate?
Woodbridge Park Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woodbridge Park 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.
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Official website here: www.woodbridgepark.org
What is the mission statement of Woodbridge Park Association Inc?
The Woodbridge Park Association Inc's mission is centered around managing lands within a certain community as parks, primarily for passive recreational use. This is done with an additional focus on preserving these areas as nature reserves, fostering a habitat for plants and animals. The organization also engages with the community through various initiatives, such as distributing newsletters and offering high school scholarships, among other activities.
Official website here: www.woodbridgepark.org
Who is the CEO of Woodbridge Park Association Inc?
Chris Dickerson is the President of Woodbridge Park Association Inc.
Official website here: www.woodbridgepark.org
What is the revenue of Woodbridge Park Association Inc?
Woodbridge Park Association Inc's revenue in 2022 was $12,577.
Official website here: www.woodbridgepark.org
Who are the executives of Woodbridge Park Association Inc and what are their salaries?
There 21 volunteers at Woodbridge Park Association Inc.
Here are 21 key members and their salaries:
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Official website here: www.woodbridgepark.org
Where can I find the form 990 for Woodbridge Park Association Inc?
Woodbridge Park Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.woodbridgepark.org
Learn more at the official website: www.woodbridgepark.org
Mission Statement of Woodbridge Park Association Inc
Woodbridge Park Association Inc, a nonprofit organization, is committed to preserving and managing lands within a town as parks for passive recreational use and nature preserves for the protection of plants and animals. The association's mission is multifaceted, with a primary focus on maintaining green spaces for the community to enjoy in a leisurely manner. Additionally, the organization plays a role in safeguarding natural habitats, ensuring the survival and prosperity of various plant and animal species.
In furtherance of its mission, Woodbridge Park Association Inc engages with the local community through various initiatives. One such initiative is the publication of a newsletter, which keeps residents informed about the association's activities and accomplishments. Furthermore, the organization offers high school scholarships, providing financial assistance to deserving students and encouraging their academic pursuits. These community engagement efforts help to foster a strong connection between the association and the town it serves.
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Impact
August, 2024
Woodbridge Park Association Inc plays a significant role in preserving and maintaining lands within the town of Woodbridge, CT as parks for passive recreational use. By holding and stewarding these lands, the association ensures that the community has access to natural spaces for leisure and enjoyment. Additionally, through activities such as publishing newsletters, awarding high school scholarships, and engaging in other community initiatives, the association fosters a sense of belonging and involvement among residents. Overall, Woodbridge Park Association Inc's impact can be seen in its dedication to creating and maintaining recreational areas that benefit both people and nature in the town of Woodbridge.
This information is meant to be a general summary of Woodbridge Park 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: $682
- Gross Receipts: $117,540
Assets and Liabilities:
- Total Assets: $4,636,437
- Total Liabilities: $16,857
- Net Assets: $4,619,580
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Organization Details
Founding Year
1928
Phone
(203) 895-9234Principal Officer
Chris Dickerson
Main Address
PO BOX 3883, WOODBRIDGE, CT, 06525
Website
www.woodbridgepark.orgNTEE Category
Code: N32 - Recreation
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