Overview
What is Isle Au Haut Boat Services?
Isle Au Haut Boat Services is a nonprofit organization situated in Stonington, Maine. Their primary mission is to provide transportation services between Stonington and Isle Au Haut, supporting both the local community on the island and the National Park Service at Acadia National Park. This transportation includes passengers, mail, and other freight, contributing to the maintenance of a year-round population on Isle Au Haut. The organization operates with a dedicated workforce of 15 individuals.
Official website here: www.isleauhaut.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Isle Au Haut Boat Services has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 69%. The organization demonstrates strong governance with a fully independent board, and maintains a low liabilities-to-assets ratio, indicating financial stability. Additionally, a high program expense ratio suggests that the majority of its funds are directed towards its mission-related activities.
However, the organization faces significant challenges in its accountability and financial practices. It lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are critical for transparency and ethical governance. Furthermore, the absence of a financial statements review or compilation raises concerns about the oversight of its financial practices.
Overall, while Isle Au Haut Boat Services shows strengths in certain areas, the need for improvement in governance and financial accountability is evident. Addressing these limitations could enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Isle Au Haut Boat Services legitimate?
Isle Au Haut Boat Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Isle Au Haut Boat Services 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: $315,651
For more financial information, click here
Official website here: www.isleauhaut.com
What is the mission statement of Isle Au Haut Boat Services?
Isle Au Haut Boat Services plays a crucial role in ensuring the sustainability of a year-round population on Isle Au Haut Maine, and in supporting the National Park Service within Acadia National Park on the island. Their primary activity involves the transportation of passengers, mail, and freight, serving as a vital lifeline for the community. This service not only supports the local population but also contributes to the upkeep and operation of the National Park Service on the island.
Official website here: www.isleauhaut.com
Who is the CEO of Isle Au Haut Boat Services?
George W Cole is the Director of Isle Au Haut Boat Services.
Official website here: www.isleauhaut.com
What is the revenue of Isle Au Haut Boat Services?
Isle Au Haut Boat Services's revenue in 2022 was $1,039,756.
Official website here: www.isleauhaut.com
Who are the executives of Isle Au Haut Boat Services and what are their salaries?
The average compensation at Isle Au Haut Boat Services during 2022 was $21,043. There are 15 employees at Isle Au Haut Boat Services.
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Official website here: www.isleauhaut.com
Where can I find the form 990 for Isle Au Haut Boat Services?
Isle Au Haut Boat Services's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.isleauhaut.com
Learn more at the official website: www.isleauhaut.com
Mission Statement of Isle Au Haut Boat Services
Isle Au Haut Boat Services plays a vital role in ensuring the sustainability of a year-round population on Isle Au Haut Maine. Through its primary activity, the transportation of passengers, mail, and freight, it supports the local community and contributes to the operations of Acadia National Park on the island. By providing this essential service, Isle Au Haut Boat Services helps maintain a viable community structure, ensuring the continuity of life on this remote island. Furthermore, the organization supports the National Park Service in its operations, contributing to the overall preservation and management of the park. The company's mission is multifaceted, serving both the local community and the national park, demonstrating its commitment to the well-being of both the people and the environment on Isle Au Haut.
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Impact
July, 2024
Isle Au Haut Boat Services plays a crucial role in supporting the year-round population of Isle Au Haut, Maine, as well as the operations of Acadia National Park on the island. By providing essential transportation services for passengers, mail, and freight between Stonington and Isle Au Haut, this organization ensures that residents have access to necessary resources and support. Additionally, their services contribute to the overall sustainability and welfare of the community on Isle Au Haut, as well as facilitating the preservation and enjoyment of the national park.
This information is meant to be a general summary of Isle Au Haut Boat Services. 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: $1,232
- Program Service Revenue: $741,175
- Gross Receipts: $1,053,462
Assets and Liabilities:
- Total Assets: $2,425,048
- Total Liabilities: $367,670
- Net Assets: $2,057,378
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHEDULED FARES
Revenue
$389,133
NON SCHEDULED FARES
Revenue
$124,152
PARKING
Revenue
$124,102
FREIGHT
Revenue
$65,281
US POSTAL SERVICE
Revenue
$25,497
Organization Details
Founding Year
2002
Phone
(207) 367-5193Principal Officer
George W Cole
Main Address
PO BOX 709, STONINGTON, ME, 04681
Website
www.isleauhaut.comNTEE Category
Code: W40 - Public benefit
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