Overview
What is Hollow Oak Land Trust Inc?
Hollow Oak Land Trust Inc is a community-based organization based in Coraopolis, Pennsylvania, dedicated to preserving and connecting greenspace within the Pittsburgh Airport Corridor. Their mission involves acquiring and managing land for wildlife habitats, public recreation, and environmental education. The Trust is responsible for the annual monitoring of its conservation areas and easements, and provides stewardship and maintenance of its properties in perpetuity. This includes constructing and maintaining points of access, trails, and infrastructure, with the help of volunteers from the community and corporate entities. Hollow Oak conducts educational hikes and trail races to introduce the public to local greenspaces, increase understanding and appreciation of the natural community we live in, and foster a sense of stewardship for these important natural resources. As a result, the land preserved by Hollow Oak benefits both people and wildlife alike. The organization has a small workforce of 2 employees, ensuring a focused and dedicated approach to their mission.
Official website here: www.hollowoak.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
Hollow Oak Land Trust Inc has received an 84% rating from Charity Navigator, reflecting its strong performance in the Accountability & Finance category. The organization boasts a fully independent board and demonstrates a commitment to ethical governance and transparency, as evidenced by its comprehensive financial policies and practices. Its low liabilities to assets ratio signifies a healthy financial state, ensuring sustainability in its operations.
The nonprofit is also recognized for its accreditation status, having achieved this in July 2017 from the Land Trust Accreditation Commission. This accreditation is a testament to its adherence to national quality standards for land protection and reflects a commitment to excellence in conserving natural resources. The organization applies ethical guidelines and practices, reinforcing its credibility in the field.
Despite its strengths, the program expense ratio stands at 60.60%, indicating that a significant portion of its expenses is not directly tied to programs. This aspect, while not necessarily negative, could suggest a need for improvement in how funds are allocated to programmatic efforts. Overall, Hollow Oak Land Trust Inc demonstrates solid financial health and a commitment to its mission, though there is room for growth in program expenditure efficiency.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Hollow Oak Land Trust Inc?
98% of the 27 reviewers on Facebook recommend Hollow Oak Land Trust Inc. Here is a summary of their reviews:
The organization is praised for its meaningful mission and the dedication of its team. Many users highlight the positive impact the nonprofit has on the community and its effective efforts in land conservation.
Overall, it seems that Hollow Oak Land Trust Inc. has successfully garnered support and trust from its supporters, indicating that it is committed to delivering on its promises and making a difference.
This AI summary has been generated from reviews found on Facebook.
Is Hollow Oak Land Trust Inc legitimate?
Hollow Oak Land Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hollow Oak Land Trust 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: $150,295
For more financial information, click here
Official website here: www.hollowoak.org
What is the mission statement of Hollow Oak Land Trust Inc?
Hollow Oak Land Trust Inc is a community-based organization dedicated to preserving and connecting greenspace in various locations. Its mission is to acquire and manage land for wildlife habitat, public recreation, and environmental education. The organization is committed to annual monitoring of its conservation areas and easements, providing stewardship and maintenance of its properties in perpetuity. This includes constructing and maintaining points of access, trails, and infrastructure, with the help of the community and corporate volunteers. Hollow Oak conducts educational hikes and trail races to introduce the public to local greenspaces, foster a sense of stewardship for these important natural resources, and increase understanding and appreciation of the natural community we live in. As a result, the land preserved by Hollow Oak benefits both people and wildlife alike.
Official website here: www.hollowoak.org
Who is the CEO of Hollow Oak Land Trust Inc?
David Thompson is the Director of Hollow Oak Land Trust Inc.
Official website here: www.hollowoak.org
What is the revenue of Hollow Oak Land Trust Inc?
Hollow Oak Land Trust Inc's revenue in 2022 was $812,920.
Official website here: www.hollowoak.org
Who are the executives of Hollow Oak Land Trust Inc and what are their salaries?
The average compensation at Hollow Oak Land Trust Inc during 2022 was $75,148. There are 2 employees and 250 volunteers at Hollow Oak Land Trust Inc.
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Official website here: www.hollowoak.org
Where can I find the form 990 for Hollow Oak Land Trust Inc?
Hollow Oak Land Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hollowoak.org
Learn more at the official website: www.hollowoak.org
Mission Statement of Hollow Oak Land Trust Inc
Hollow Oak Land Trust Inc, a community-based organization, is dedicated to the protection and connection of greenspace within the Pittsburgh Airport Corridor. Through land acquisition and management, the corporation creates wildlife habitats, public recreation areas, and spaces for environmental education. By doing so, Hollow Oak serves as a guardian of the natural environment, ensuring its preservation for future generations.
The organization's mission is twofold: first, to protect and connect greenspace in the Pittsburgh Airport Corridor, and second, to manage these acquired lands for wildlife habitats, public recreation, and environmental education. This involves annual monitoring of conservation areas and easements, as well as providing stewardship and maintenance of properties in perpetuity. The community and corporate volunteers play a significant role in this process, contributing to the construction and maintenance of points of access, trails, and infrastructure.
In addition to land management, Hollow Oak also engages in educational initiatives to foster a sense of stewardship for these valuable natural resources. The organization conducts educational hikes and trail races, inviting the public to explore local greenspaces, increase their understanding and appreciation of the natural community, and cultivate a sense of responsibility towards these important natural resources. As a result, the land preserved by Hollow Oak benefits not only wildlife but people as well.
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Impact
June, 2024
Hollow Oak Land Trust Inc's impact can be seen in the preservation and enhancement of green spaces in the Pittsburgh Airport corridor. By acquiring and managing land for wildlife habitat, public recreation, and environmental education, the organization plays a vital role in protecting natural landscapes and connecting communities to nature.
Through its land stewardship and environmental education initiatives, Hollow Oak ensures the ongoing preservation of its conservation areas and easements. By engaging the community and corporate volunteers in stewardship activities and maintaining infrastructure like access points and trails, the organization fosters a sense of responsibility and care for these valuable natural resources.
Additionally, Hollow Oak's educational hikes and trail races serve to introduce the public to local greenspaces, enhance understanding of the natural environment, and encourage stewardship among participants. Ultimately, the work of Hollow Oak Land Trust benefits both people and wildlife by providing essential habitats, recreational opportunities, and educational programs that contribute to the well-being of the community and the ecosystem.
This information is meant to be a general summary of Hollow Oak Land Trust 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: $10,665
- Program Service Revenue: $900
- Gross Receipts: $822,955
Assets and Liabilities:
- Total Assets: $2,861,834
- Total Liabilities: $33,616
- Net Assets: $2,828,218
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR SERVICE
Revenue
$900
Organization Details
Founding Year
1991
Phone
(412) 264-5354Principal Officer
David Thompson
Main Address
PO BOX 741, CORAOPOLIS, PA, 15108
Website
www.hollowoak.orgNTEE Category
Code: C340 - Environment
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