Overview
What is Our Katahdin?
Our Katahdin is a nonprofit organization situated in Millinocket, Maine, specifically at P.O. Box 293. Their primary mission is to contribute to the community and economic development within the Katahdin region of Maine. This includes revitalizing downtown areas and fostering economic growth. The organization's significant project, Project Canopy, involves planting trees in the heart of Millinocket, further enhancing the region's aesthetics and environment. With a small team of two dedicated individuals, Our Katahdin plays a vital role in shaping the future of the Katahdin region.
Official website here: www.ourkatahdin.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, Two-Star out of Four Star rating.
Our Katahdin has received a Two-Star rating from Charity Navigator, indicating that its overall score is modest at 65%. The rating predominantly reflects the organization's accountability and financial practices, where it shows several strengths. Notably, the charity has a fully independent board with effective oversight mechanisms in place, including policies on conflicts of interest and whistleblowing, as well as documented board meeting minutes.
The organization demonstrates a strong commitment to financial transparency, evidenced by a high program expense ratio of 78.06%. This suggests that a significant portion of its funds is directed toward its mission-related activities. However, the charity faces challenges with its liabilities to assets ratio, which stands at 65.59%, indicating some financial risk. Despite these limitations, the absence of material asset diversion reflects a positive management of resources.
Overall, while Our Katahdin shows strong governance and financial practices, the relatively low rating suggests there may be areas needing improvement, particularly in financial stability. Interested donors and stakeholders should consider these factors when evaluating the charity's overall effectiveness and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Our Katahdin legitimate?
Our Katahdin is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Katahdin 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: $59,219
For more financial information, click here
Official website here: www.ourkatahdin.com
What is the mission statement of Our Katahdin?
Our Katahdin's mission is centered around helping with community development and economic growth in a specific region. They focus on revitalizing downtown areas and promoting sustainable economic activities. One of their initiatives includes the Planting of Trees project in Millinocket ME, which is part of their broader efforts to enhance the visual appeal and environmental health of the region. In essence, Our Katahdin aims to improve the overall livability and economic prospects of the community it serves.
Official website here: www.ourkatahdin.com
Who is the CEO of Our Katahdin?
Sean D Dewitt is the Principal Officer of Our Katahdin.
Official website here: www.ourkatahdin.com
What is the revenue of Our Katahdin?
Our Katahdin's revenue in 2022 was $1,815,951.
Official website here: www.ourkatahdin.com
Who are the executives of Our Katahdin and what are their salaries?
The average compensation at Our Katahdin during 2022 was $29,610. There are 2 employees and 12 volunteers at Our Katahdin.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ourkatahdin.com
Where can I find the form 990 for Our Katahdin?
Our Katahdin's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ourkatahdin.com
Learn more at the official website: www.ourkatahdin.com
Mission Statement of Our Katahdin
Our Katahdin, as a nonprofit organization, is dedicated to contributing to the community and economic development in a specific region, referred to as the Katahdin region in Maine. The organization's primary focus is on facilitating community development, revitalizing downtown areas, and promoting economic growth within this region. One of the initiatives undertaken by Our Katahdin is Project Canopy, which involves the planting of trees in downtown Millinocket, ME. This project serves to enhance the aesthetic appeal of the area and potentially contribute to environmental sustainability. In essence, Our Katahdin is committed to improving the overall well-being of the Katahdin region by fostering development, revitalizing communities, and stimulating economic growth.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Our Katahdin's impact can be seen through its efforts in assisting with community and economic development in the Katahdin region of Maine. One of its projects, Project Canopy, involves the planting of trees in downtown Millinocket, ME. By focusing on community development, downtown revitalization, and economic growth, Our Katahdin is contributing to the overall improvement of the region.
This information is meant to be a general summary of Our Katahdin. 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: $630
- Program Service Revenue: $6,978
- Gross Receipts: $1,815,951
Assets and Liabilities:
- Total Assets: $1,421,809
- Total Liabilities: $932,613
- Net Assets: $489,196
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Community Project Revenue
Revenue
$6,978
Organization Details
Founding Year
2014
Phone
(207) 618-9187Principal Officer
Sean D Dewitt
Main Address
P O Box 293, Millinocket, ME, 04462
Website
www.ourkatahdin.comNTEE Category
Code: S20 - Community improvement
If you are a representative of Our Katahdin and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.