Overview
What is Headwaters Charitable Trust?
Headwaters Charitable Trust is a nonprofit organization based in Curwensville, Pennsylvania. Their primary mission is to secure both public and private funding to improve the lives of North Central Pennsylvania's citizens by promoting the wise use, development, and protection of the region's natural resources. This includes remediating acid mine drainage in local streams and waterways, as well as providing assistance with the Rails to Trails programs. With a small team of three dedicated individuals, Headwaters Charitable Trust has made significant strides in preserving the environment and enhancing the quality of life in their community.
Official website here: www.hwct.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% - Three-Star out of Four Star rating.
Headwaters Charitable Trust holds a solid Three-Star rating from Charity Navigator, reflecting a commendable commitment to accountability and finance. With an 88% score in Accountability & Finance and a perfect 100% in Culture & Community, the organization demonstrates strong financial health and community engagement. Notably, it boasts a high program expense ratio of 95.90%, indicating that a significant portion of its funding is directed towards its programs.
The trust has achieved full independence in its board composition, with 100% of its seven board members being independent. This governance structure, alongside a perfect score in feedback collection and usage, highlights its commitment to transparency and responsiveness to community needs. Additionally, the financial statements are thoroughly audited, with no material diversion of assets reported.
However, there are areas for improvement, including the absence of a whistleblower policy and a document retention and destruction policy, which received no points. Furthermore, the nonprofit has not posted its tax form on its website, which affects its transparency score. Addressing these gaps could enhance its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Headwaters Charitable Trust legitimate?
Headwaters Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Headwaters Charitable Trust 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: $43,105
For more financial information, click here
Official website here: www.hwct.org
What is the mission statement of Headwaters Charitable Trust?
The Headwaters Charitable Trust works towards securing both public and private funding to enhance the lives of citizens in a specific region, primarily through the wise use, development, and protection of its natural resources. Their mission involves utilizing these funds to further conservation efforts and promote general awareness of environmental issues. Notably, the trust has played a significant role in remedying local streams and waterways affected by acid mine drainage, and has provided assistance with the Rails to Trails programs.
Official website here: www.hwct.org
Who is the CEO of Headwaters Charitable Trust?
Ray Learn is the Trustee of Headwaters Charitable Trust.
Official website here: www.hwct.org
What is the revenue of Headwaters Charitable Trust?
Headwaters Charitable Trust's revenue in 2022 was $630,804.
Official website here: www.hwct.org
Who are the executives of Headwaters Charitable Trust and what are their salaries?
The average compensation at Headwaters Charitable Trust during 2022 was $14,368. There are 3 employees at Headwaters Charitable Trust.
Here are 7 key members and their salaries:
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Official website here: www.hwct.org
Where can I find the form 990 for Headwaters Charitable Trust?
Headwaters Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hwct.org
Learn more at the official website: www.hwct.org
Mission Statement of Headwaters Charitable Trust
Headwaters Charitable Trust is dedicated to improving the lives of citizens in North Central Pennsylvania by securing both public and private funding. This organization achieves its mission through the wise use, development, and protection of the region's natural resources. By doing so, Headwaters Charitable Trust aims to foster a better living environment for the local community.
More specifically, the trust works towards securing grant funding to further conservation efforts and promote general awareness of environmental issues. The organization plays a crucial role in remediating area streams and waterways affected by acid mine drainage. In addition, Headwaters Charitable Trust offers assistance with the Rails to Trails programs, contributing to the preservation and enjoyment of the region's natural resources.
In summary, Headwaters Charitable Trust is an active force in North Central Pennsylvania, working tirelessly to secure funding for the wise use, development, and protection of the region's natural resources. By doing so, the trust aims to improve the lives of local citizens and promote a more sustainable and environmentally aware community.
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Impact
July, 2024
Headwaters Charitable Trust has made a significant impact in North Central Pennsylvania by securing public and private funding to improve the lives of its citizens through the wise use, development, and protection of the region's natural resources. They have played a crucial role in furthering conservation efforts, raising general awareness about the environment, and facilitating the remediation of area streams and waterways affected by acid mine drainage. Additionally, their assistance with the Rails to Trails programs has helped to enhance recreational opportunities for the community.
This information is meant to be a general summary of Headwaters Charitable Trust. 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: $775
- Gross Receipts: $630,804
Assets and Liabilities:
- Total Assets: $3,427,603
- Total Liabilities: $1,052,047
- Net Assets: $2,375,556
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Organization Details
Founding Year
1988
Phone
(814) 236-4333Principal Officer
Ray Learn
Main Address
PO BOX 162, CURWENSVILLE, PA, 16833
Website
www.hwct.orgNTEE Category
Code: T90 - Philanthropy
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