Overview
What is Minnesota Association Of Resource Conservation & Development Inc?
The Minnesota Association of Resource Conservation & Development Inc is a nonprofit organization dedicated to partnering with Resource Conservation & Development (RC&D) councils in Minnesota. Their primary mission is to strengthen the RC&D program, promote natural resource conservation, and contribute to community and rural development. In 2020, they started collaborating with the University of Minnesota-Natural Resources Research Institute (UMN-NRRI) to apply for a grant focused on helping marginal landowners in Minnesota participate in and benefit from forestry carbon markets. The successful grant led to funds being passed through to Laurentian RC&D and Hiawatha Valley RC&D, who completed the work on a fee-for-service basis. This initiative, the Climate Forward Reforestation Program, is a direct result of the project. The organization's efforts are aimed at fostering a sustainable future for Minnesota's natural resources and rural communities.
Official website here: www.minnesotarcd.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Minnesota Association of Resource Conservation & Development Inc has received a two-star rating from Charity Navigator, indicating that the organization requires improvement in certain areas despite a strong accountability and finance score of 100%. The organization has demonstrated excellent governance practices, with full points awarded for having an independent board, conflict of interest policy, and other essential operational policies.
However, the nonprofit's program expense ratio is notably low at 45.92%, which raises concerns about the proportion of funds allocated to its programs versus administrative costs. Additionally, the liabilities to assets ratio stands at 61.02%, suggesting potential financial stress that could impact its sustainability. Overall, while the organization excels in governance, its financial efficiency and program effectiveness need to be addressed to improve its standing.
This AI summary has been generated from information found on Charity Navigator.
Is Minnesota Association Of Resource Conservation & Development Inc legitimate?
Minnesota Association Of Resource Conservation & Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Association Of Resource Conservation & Development 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: $8,335
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.minnesotarcd.org
What is the mission statement of Minnesota Association Of Resource Conservation & Development Inc?
The Minnesota Association of Resource Conservation & Development Inc partners with RC&D councils to strengthen the RC&D program, promote natural resource conservation, and contribute to community and rural development. Their mission involves collaborating with these councils to reinforce the RC&D program, conserve natural resources, and enhance community and rural development. In 2020, they began working with the UMN-NRRI as a community partner, applying for a UMN, Ione grant to research and help marginal landowners participate in and benefit from forestry carbon markets. In 2022, funds totaling $2,475 were passed through from NRRI to MARCD, helping Laurentian RC&D and Hiawatha Valley RC&D complete the work on a fee-for-service basis. This led to the establishment of the MARCD Climate Forward Reforestation Program in 2022, a direct result of the Ione project.
Official website here: www.minnesotarcd.org
Who is the CEO of Minnesota Association Of Resource Conservation & Development Inc?
Ted Lovdahl is the President of Minnesota Association Of Resource Conservation & Development Inc.
Official website here: www.minnesotarcd.org
What is the revenue of Minnesota Association Of Resource Conservation & Development Inc?
Minnesota Association Of Resource Conservation & Development Inc's revenue in 2022 was $5,453.
Official website here: www.minnesotarcd.org
Who are the executives of Minnesota Association Of Resource Conservation & Development Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $8,335
- Related: $0
- Other: $0
Official website here: www.minnesotarcd.org
Where can I find the form 990 for Minnesota Association Of Resource Conservation & Development Inc?
Minnesota Association Of Resource Conservation & Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.minnesotarcd.org
Learn more at the official website: www.minnesotarcd.org
Mission Statement of Minnesota Association Of Resource Conservation & Development Inc
Minnesota Association of Resource Conservation & Development Inc partners with Resource Conservation and Development (RC&D) councils across the state to strengthen the RC&D program, promote natural resource conservation, and contribute to community and rural development. The organization works to achieve these goals by collaborating with these councils, with a notable project in 2020 involving the University of Minnesota-Natural Resources Research Institute (UMN-NRRI) to apply for a grant aimed at helping marginal landowners participate in and benefit from forestry carbon markets.
In 2022, funds totaling $2,475 were passed through from NRRI to Minnesota Association of Resource Conservation & Development Inc, which were then distributed to Laurentian RC&D and Hiawatha Valley RC&D to complete the work on a fee-for-service basis. This marks the beginning of the Climate Forward Reforestation Program, a direct result of the Ione project initiated by the organization. The Minnesota Association of Resource Conservation & Development Inc continues to make a significant impact in the field of natural resource conservation and rural development through its partnerships and initiatives.
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Impact
June, 2024
Minnesota Association Of Resource Conservation & Development Inc partners with RC&D councils in Minnesota to strengthen the RC&D program, achieve natural resource conservation, and impact community and rural development. In 2020, MARCD began working with the UMN-NRRI as a community partner to research and help marginal Minnesota landowners participate in and benefit from forestry carbon markets. In 2022, funds totaling $2,475 were passed through from NRRI to MARCD, which was then allocated to Laurentian RC&D and Hiawatha Valley RC&D for work on a fee-for-service basis. The MARCD Climate Forward Reforestation Program, started in 2022, directly resulted from this project. Through these initiatives, MARCD is making significant strides towards environmental conservation and sustainable rural development in Minnesota.
This information is meant to be a general summary of Minnesota Association Of Resource Conservation & Development 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: $402
- Program Service Revenue: $2,475
- Gross Receipts: $5,453
Assets and Liabilities:
- Total Assets: $173,533
- Total Liabilities: $100,615
- Net Assets: $72,918
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$2,475
Organization Details
Founding Year
1989
Phone
(612) 599-5864Principal Officer
Ted Lovdahl
Main Address
34486 COUNTY ROAD 40, EFFIE, MN, 56639
Website
www.minnesotarcd.orgNTEE Category
Code: C03 - Environment
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