Overview
What is West Virginia Land Stewardship Corporation?
West Virginia Land Stewardship Corporation, situated in Morgantown, West Virginia, is a dedicated nonprofit organization with a mission to foster sustainable economic growth. They accomplish this by facilitating the reuse of commercial, industrial, and mining sites, and by providing long-term management of potential risks stemming from legacy environmental concerns. The corporation collaborates with the West Virginia Department of Environmental Protection (WVDEP) to design and construct water treatment facilities for special reclamation sites. They also offer research, analysis, and program recommendations to the WVDEP, supporting the goals and objectives of the agency's In Lieu of Fee Mitigation Program. With a team of 5 dedicated individuals, the corporation strives to make a significant impact on environmental conservation and economic development in West Virginia.
Official website here: www.wvlsc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating.
The West Virginia Land Stewardship Corporation has achieved an impressive score of 97%, indicating strong performance in accountability and finance. This high rating reflects the organization's commitment to maintaining transparency and ethical governance, as evidenced by its 100% independent board members and comprehensive policies, including conflict of interest and whistleblower protections.
With a program expense ratio of 87.61%, the organization effectively allocates the majority of its funds to its programs, showcasing its dedication to fulfilling its mission. Additionally, the low liabilities to assets ratio of 1.31% suggests a solid financial foundation, allowing the organization to undertake its initiatives without significant debt concerns.
However, while the organization demonstrates robust governance and financial health, potential donors and supporters may want to consider the impact of its programs and services when evaluating its overall effectiveness. The available data indicates a strong focus on internal management, which is crucial for sustainability in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is West Virginia Land Stewardship Corporation legitimate?
West Virginia Land Stewardship Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Virginia Land Stewardship Corporation 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: $129,503
For more financial information, click here
Official website here: www.wvlsc.org
What is the mission statement of West Virginia Land Stewardship Corporation?
The West Virginia Land Stewardship Corporation is committed to fostering sustainable economic development. They achieve this by facilitating the reuse of commercial, industrial, and mining sites, and by providing long-term management for major risks stemming from legacy environmental concerns. The organization assists in designing and constructing water treatment facilities for special reclamation sites and offers research, analysis, and program recommendations to support the goals and objectives of the West Virginia Department of Environmental Protection's In Lieu of Fee Mitigation Program.
Official website here: www.wvlsc.org
Who is the CEO of West Virginia Land Stewardship Corporation?
Taylor Bennett is the Vice Chair of West Virginia Land Stewardship Corporation.
Official website here: www.wvlsc.org
What is the revenue of West Virginia Land Stewardship Corporation?
West Virginia Land Stewardship Corporation's revenue in 2022 was $898,136.
Official website here: www.wvlsc.org
Who are the executives of West Virginia Land Stewardship Corporation and what are their salaries?
The average compensation at West Virginia Land Stewardship Corporation during 2022 was $25,901. There are 5 employees and 13 volunteers at West Virginia Land Stewardship Corporation.
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Official website here: www.wvlsc.org
Where can I find the form 990 for West Virginia Land Stewardship Corporation?
West Virginia Land Stewardship Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wvlsc.org
Learn more at the official website: www.wvlsc.org
Mission Statement of West Virginia Land Stewardship Corporation
West Virginia Land Stewardship Corporation, a dedicated nonprofit organization, is committed to fostering sustainable economic development. This is achieved through their primary objective: facilitating the reuse of commercial, industrial, and mining sites. By doing so, they contribute to the revitalization of these areas, potentially transforming them into productive spaces once again.
Moreover, West Virginia Land Stewardship Corporation is responsible for managing key risks stemming from legacy environmental concerns. This involves providing long-term solutions to mitigate potential harm caused by past industrial activities. This proactive approach not only protects the environment but also makes these sites suitable for future use, thereby promoting economic growth.
In their mission to promote sustainable economic development, the corporation assists the West Virginia Department of Environmental Protection (WVDEP) in various capacities. They contribute to the design and construction of water treatment facilities for special reclamation sites. Additionally, they offer research, analysis, and program recommendations to the WVDEP. These contributions align with the goals and objectives of the WVDEP's In Lieu of Fee Mitigation Program, further demonstrating their commitment to environmental stewardship and economic development.
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Impact
July, 2024
West Virginia Land Stewardship Corporation's impact lies in promoting sustainable economic development through the facilitation of reusing commercial, industrial, and mining sites. By providing long-term management of key risks stemming from legacy environmental concerns, the corporation contributes to environmental sustainability and community improvement. Additionally, its collaboration with the WVDEP in designing and constructing water treatment facilities for special reclamation sites demonstrates a commitment to addressing environmental issues and supporting the goals of relevant agencies.
This information is meant to be a general summary of West Virginia Land Stewardship Corporation. 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: $6,573
- Program Service Revenue: $27,500
- Gross Receipts: $898,136
Assets and Liabilities:
- Total Assets: $941,031
- Total Liabilities: $199,866
- Net Assets: $741,165
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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
$27,500
Organization Details
Founding Year
2014
Phone
(304) 943-7476Principal Officer
Taylor Bennett
Main Address
430 SPRUCE STREET SUITE 201, MORGANTOWN, WV, 26505
Website
www.wvlsc.orgNTEE Category
Code: S20 - Community improvement
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