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Waveny Park Conservancy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 474280308 ✦ New canaan, CT ✦ Designated as a 501(c)(3)

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Overview

What is Waveny Park Conservancy Inc?

Waveny Park Conservancy Inc is a nonprofit organization based in New Canaan, Connecticut. Their primary mission is to restore and enhance the property known as Waveny Park, located within the city. With a small team of one dedicated employee, the Conservancy aims to preserve and improve the park's natural beauty and facilities, ensuring it remains a cherished community resource for years to come.


Official website here: www.wavenyparkconservancy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

Waveny Park Conservancy Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid Accountability & Finance score of 83%. This rating is significant as it highlights the charity's commitment to financial transparency and responsible governance. The organization boasts a fully independent board with no material diversion of assets, indicating strong oversight.

Strengths of Waveny Park Conservancy include a high program expense ratio of 81.99%, which suggests that a substantial portion of its funding is directed towards its programs rather than administrative costs. Additionally, the charity has implemented a conflict of interest policy and maintains comprehensive documentation of board meeting minutes. These factors contribute to its positive evaluation in terms of accountability.

However, there are notable limitations, particularly the absence of a whistleblower policy and a document retention policy, which were both marked as missing. These gaps could pose potential risks to organizational governance and transparency. Overall, while the organization demonstrates strong financial practices, addressing these policy deficiencies could further enhance its accountability profile.


This AI summary has been generated from information found on Charity Navigator.

Is Waveny Park Conservancy Inc legitimate?

Waveny Park Conservancy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waveny Park Conservancy 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: $53,654
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wavenyparkconservancy.org

What is the mission statement of Waveny Park Conservancy Inc?

The Waveny Park Conservancy Inc, a non-profit organization, is dedicated to the restoration and enhancement of a specific property, known as Waveny Park, located in New Canaan, Connecticut. Their mission is to preserve and improve the natural beauty and amenities of this park, ensuring it remains a valuable resource for the local community. Through various efforts, they aim to maintain the property's historical significance while making improvements that cater to the needs of the present and future generations.


Official website here: www.wavenyparkconservancy.org

What is the revenue of Waveny Park Conservancy Inc?

Waveny Park Conservancy Inc's revenue in 2023 was $359,686.


Official website here: www.wavenyparkconservancy.org

Who are the executives of Waveny Park Conservancy Inc and what are their salaries?

The average compensation at Waveny Park Conservancy Inc during 2023 was $26,827. There are 2 employees at Waveny Park Conservancy Inc.

Here are 8 key members and their salaries:


Steven Zatz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cara Herdeg (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arianne Kolb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Boeschenstein (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Crookenden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Ker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Greer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wavenyparkconservancy.org

Where can I find the form 990 for Waveny Park Conservancy Inc?

Waveny Park Conservancy Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.wavenyparkconservancy.org

Learn more at the official website: www.wavenyparkconservancy.org

Mission Statement of Waveny Park Conservancy Inc

The Waveny Park Conservancy Inc is a dedicated organization that aims to restore and enhance the property known as Waveny Park, located in Connecticut. Its mission is centered around revitalizing this park, ensuring it remains a beautiful and vibrant space for all visitors. By focusing on the restoration and enhancement of Waveny Park, the Conservancy seeks to preserve its natural beauty and historical significance for future generations to enjoy.

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Impact




June, 2024

Waveny Park Conservancy Inc's impact lies in the restoration and enhancement of Waveny Park in New Canaan, CT. Their efforts are focused on revitalizing this natural space, making it more sustainable and enjoyable for the community. Through their work, they are not only preserving the environment but also creating a valuable recreational and educational resource for residents and visitors alike. This contributes to the overall well-being of the community and promotes a sense of stewardship for the natural world.




This information is meant to be a general summary of Waveny Park Conservancy 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.

Revenue
$359,686 (2023)
201520162017201820192020202120222023$0$200k$400k$600k$800k
Expenses
$493,431 (2023)
201520162017201820192020202120222023$0$150k$300k$450k$600k
Efficiency
2015201620172018201920202021202220230%3%6%9%12%15%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $22,618
  • Gross Receipts: $359,686

Assets and Liabilities:

  • Total Assets: $707,347
  • Total Liabilities: $0
  • Net Assets: $707,347

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Organization Details

Founding Year

2015

Principal Officer

Charles Crookenden

Main Address

PO BOX 944, NEW CANAAN, CT, 06840

NTEE Category

Code: C34 - Environment

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