Overview
What is Lake Superior Watershed Conservancy Inc?
Lake Superior Watershed Conservancy Inc is a nonprofit organization based in Sault Ste Marie, Michigan, with a focus on preserving the environmental health of Lake Superior and its basin. They are actively seeking opportunities to acquire sensitive land within the watershed and have embarked on a significant project: completing the installation of amenities at the sixteen access points along the Lake Superior Water Trail. Their mission is to ensure the protection of the watershed for future generations, aiming to provide a sustainable and enjoyable outdoor experience for all.
Official website here: www.superiorconservancy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - 63% (Two-Star out of Four Stars)
Lake Superior Watershed Conservancy Inc has received a two-star rating from Charity Navigator, indicating that there are significant areas for improvement in its accountability and finance practices. The organization performs well in certain areas, such as its program expense ratio, which stands at 77.56%, suggesting a strong commitment to directing funds towards its mission. However, the lack of independent board members raises concerns about governance and oversight.
The nonprofit has a solid operational foundation, as evidenced by its absence of material diversion of assets and a favorable liabilities to assets ratio of -2.21%. However, it lacks key governance policies; notably, it does not have a whistleblower policy or a document retention and destruction policy, which are critical for transparency and accountability. The absence of independent board members further aggravates these concerns, highlighting a need for enhanced governance practices.
Despite these limitations, the organization has made strides in other areas, such as maintaining thorough documentation of board meeting minutes and having its website listed on the tax form. Nevertheless, the missing tax form on the nonprofit's website and the lack of independent oversight are significant drawbacks that potential donors and supporters should consider. Overall, while Lake Superior Watershed Conservancy Inc shows promise in its programmatic efforts, it must address its governance and transparency issues to improve its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Superior Watershed Conservancy Inc legitimate?
Lake Superior Watershed Conservancy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Superior Watershed Conservancy 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:
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Other Salaries and Wages: $66,052
For more financial information, click here
Official website here: www.superiorconservancy.org
What is the mission statement of Lake Superior Watershed Conservancy Inc?
The Lake Superior Watershed Conservancy Inc aims to protect the Lake Superior Watershed for future generations by pursuing opportunities to acquire environmentally sensitive land. A key project they are involved in is the completion of the amenities at the sixteen access points on the Lake Superior water trail, with the ultimate goal of preserving the health of Lake Superior and its surrounding basin. The organization's initiatives are focused on safeguarding the lake's ecosystem while ensuring that it remains a valuable resource for future generations.
Official website here: www.superiorconservancy.org
Who is the CEO of Lake Superior Watershed Conservancy Inc?
Joanie Mcguffin is the Director of Lake Superior Watershed Conservancy Inc.
Official website here: www.superiorconservancy.org
What is the revenue of Lake Superior Watershed Conservancy Inc?
Lake Superior Watershed Conservancy Inc's revenue in 2022 was $83,966.
Official website here: www.superiorconservancy.org
Who are the executives of Lake Superior Watershed Conservancy Inc and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.superiorconservancy.org
Where can I find the form 990 for Lake Superior Watershed Conservancy Inc?
Lake Superior Watershed Conservancy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.superiorconservancy.org
Learn more at the official website: www.superiorconservancy.org
Mission Statement of Lake Superior Watershed Conservancy Inc
The Lake Superior Watershed Conservancy Inc, a dedicated nonprofit organization, is committed to safeguarding the Lake Superior Watershed for future generations. Their primary objective is to explore opportunities for acquiring environmentally sensitive land, with a focus on preserving the health of Lake Superior and its watershed. In addition to this, they are engaged in completing the installation of amenities at the sixteen access points on the Lake Superior Water Trail. This work is significant in ensuring the trail is well-equipped and accessible for visitors, thus contributing to the overall protection and conservation of the Lake Superior Watershed.
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Impact
June, 2024
The Lake Superior Watershed Conservancy Inc is making a significant impact by actively working to protect the Lake Superior Watershed for future generations. Their major project, the completion of sixteen access points on the Lake Superior Water Trail, is enhancing the public's ability to connect with and appreciate this natural resource. Additionally, the organization's focus on acquiring environmentally sensitive land and promoting the health of Lake Superior and its basin showcases their dedication to preserving and maintaining the ecological balance of the area. Overall, Lake Superior Watershed Conservancy Inc's efforts contribute positively to the conservation and sustainability of the region.
This information is meant to be a general summary of Lake Superior Watershed Conservancy 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: $67
- Gross Receipts: $83,966
Assets and Liabilities:
- Total Assets: $720,796
- Total Liabilities: -$15,862
- Net Assets: $736,658
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Organization Details
Founding Year
2010
Phone
(705) 946-0044Principal Officer
Joanie Mcguffin
Main Address
2345 Meridian St c/o EUPRPDC, Sault Ste Marie, MI, 49783
Website
www.superiorconservancy.orgNTEE Category
Code: C32 - Environment
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