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Sustainable Forest Futures Inc

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

EIN: 251923175 ✦ Concord, NH ✦ Designated as a 501(c)(3)

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Overview

What is Sustainable Forest Futures Inc?

Sustainable Forest Futures Inc is a non-profit organization based in Concord, New Hampshire, with an address at 18 North Main Street 204, 03301. Their primary mission is to stimulate economic development in rural communities within the Northern Forest region. In the recent financial year (FY22), they have been actively involved in community revitalization projects. Notably, they have been working on the redevelopment of the historic Parker J. Noyes building in Lancaster, transforming it into a space for a local nonprofit and a food marketplace, along with providing six quality apartments. Additionally, they have been making improvements to six properties in the Millinocket Housing Initiative, aiming to offer quality middle-market housing in the downtown area of Millinocket, with a total of 11 rental units. Sustainable Forest Futures Inc is a supporting organization of the Northern Forest Center, working towards this mission by investing in rural communities of the Northern Forest.


Official website here: www.northernforest.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)

Sustainable Forest Futures Inc has earned a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is predominantly based on a single beacon score focused on Accountability & Finance, indicating strong governance practices and financial transparency within the organization. The charity maintains a well-structured board with 80% independent members and has received high marks for its audit and financial oversight practices.

The organization demonstrates a strong commitment to transparency, as evidenced by its compliance with essential policies such as conflict of interest, whistleblower protections, and document retention. Additionally, it has a 100% program expense ratio, showcasing that all its expenses are directed towards its programs rather than administrative costs, which is a significant strength for potential donors.

While the rating highlights numerous strengths in operational practices, there are no specific limitations noted in the available data. Overall, Sustainable Forest Futures Inc presents itself as a responsible nonprofit, dedicated to its mission with a solid governance framework in place.


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

What do the Facebook reviews say about Sustainable Forest Futures Inc?

100% of the 10 reviewers on Facebook recommend Sustainable Forest Futures Inc. Here is a summary of their reviews: The overwhelming sentiment reflects deep appreciation for the organization's efforts in promoting sustainability and forest conservation. Reviewers express gratitude for the impact that Sustainable Forest Futures Inc. has on the environment, highlighting a strong sense of mission and dedication.

Additionally, the consistent recommendation indicates that people feel a connection to the cause and trust in the nonprofit's ability to deliver on its promises. Overall, supporters are clearly satisfied with the services and initiatives provided by Sustainable Forest Futures Inc., believing it plays a vital role in contributing to a healthier planet.


This AI summary has been generated from reviews found on Facebook.

Is Sustainable Forest Futures Inc legitimate?

Sustainable Forest Futures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sustainable Forest Futures 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: $0

For more financial information, click here


Official website here: www.northernforest.org

What is the mission statement of Sustainable Forest Futures Inc?

Sustainable Forest Futures Inc aims to drive economic development in rural communities, serving as a supporting organization to the Northern Forest Center. Their mission is to catalyze growth by investing in these communities, with a focus on revitalizing local areas and improving infrastructure. In the previous fiscal year, their efforts included the redevelopment of a historic building in Lancaster, providing retail space for a local nonprofit and a food marketplace, as well as six quality apartments. Additionally, they continued improvements to properties in the Millinocket Housing Initiative, aiming to provide high-quality middle-market housing in 11 rental units in downtown Millinocket.


Official website here: www.northernforest.org

Who is the CEO of Sustainable Forest Futures Inc?

Robert Riley is the Secretary of Sustainable Forest Futures Inc.


Official website here: www.northernforest.org

What is the revenue of Sustainable Forest Futures Inc?

Sustainable Forest Futures Inc's revenue in 2022 was $493,342.


Official website here: www.northernforest.org

Who are the executives of Sustainable Forest Futures Inc and what are their salaries?

There 4 volunteers at Sustainable Forest Futures Inc.


Here are 5 key members and their salaries:


Sean Ross (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Celina Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Tibbetts (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Riley (Chair)
  • Compensation: $0
  • Related: $149,441
  • Other: $31,094


Official website here: www.northernforest.org

Where can I find the form 990 for Sustainable Forest Futures Inc?

Sustainable Forest Futures Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.northernforest.org

Learn more at the official website: www.northernforest.org

Mission Statement of Sustainable Forest Futures Inc

Sustainable Forest Futures Inc, a supporting organization of the Northern Forest Center, plays a pivotal role in stimulating economic growth in rural communities. The mission of this organization is to catalyze development by making strategic investments in these underserved areas of the Northern Forest. In simpler terms, Sustainable Forest Futures works to revitalize rural communities by providing resources and support for economic expansion.

In practice, Sustainable Forest Futures has been actively involved in community revitalization projects. For instance, in the fiscal year 2022, the organization continued the redevelopment of the historic Parker J. Noyes building in Lancaster, transforming it into a space that will house a local nonprofit and a food marketplace, along with providing six quality apartments. Furthermore, the organization has been working on the Millinocket Housing Initiative, aiming to improve six properties in downtown Millinocket to offer quality middle-market housing in a total of 11 rental units. These initiatives demonstrate Sustainable Forest Futures' commitment to improving the living conditions and economic prospects of rural communities.

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Impact




June, 2024

Sustainable Forest Futures Inc is catalyzing economic development in rural communities of the Northern Forest. In FY22, the organization supported community revitalization through various initiatives. This included continuing the redevelopment of the historic Parker J. Noyes building in Lancaster, NH, to provide retail space for a local nonprofit and a food marketplace, as well as six quality apartments. Additionally, Sustainable Forest Futures continued improvements to the six properties in the Millinocket Housing Initiative, offering quality middle-market housing in 11 rental units in downtown Millinocket. Through these efforts, Sustainable Forest Futures is actively contributing to the economic development and revitalization of rural communities in the Northern Forest region.




This information is meant to be a general summary of Sustainable Forest Futures 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
$493,342 (2022)
Expenses
$209,327 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $25,154
  • Program Service Revenue: $96,755
  • Gross Receipts: $493,342

Assets and Liabilities:

  • Total Assets: $7,096,780
  • Total Liabilities: $6,205,465
  • Net Assets: $891,315

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$96,755

Organization Details

Founding Year

2002

Principal Officer

Robert Riley

Main Address

18 North Main Street 204, Concord, NH, 03301

NTEE Category

Code: C30 - Environment

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