Overview
What is Heritage Land Preservation Trust Inc?
Heritage Land Preservation Trust Inc is a nonprofit organization based in Torrington, Connecticut. The primary mission of this trust is the permanent preservation of land that has been liberated from political or economic threats. To uphold this mission, they have recently invested in the upkeep of their properties, spending $3,800 on painting the gatehouse and $615 on maintaining the Coe Brass Dam property. The organization remains committed to safeguarding and preserving these lands for future generations.
Official website here: www.heritagelpt.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 62%, earning a Two-Star out of Four Star rating.
Heritage Land Preservation Trust Inc has received a mixed evaluation from Charity Navigator, reflected in its 62% rating and Two-Star classification. The organization demonstrates strengths in governance, with an independent board and a strong score for material diversion of assets, indicating effective management of resources. However, the charity’s accountability and financial practices reveal significant weaknesses, particularly in conflict of interest and whistleblower policies, where it scored zero.
The organization’s program expense ratio is notably low, suggesting that a smaller portion of its expenditures goes toward programs compared to administrative costs. Additionally, the absence of a publicly accessible tax form on its website raises transparency concerns. While the trust has a solid foundation in terms of board independence and asset management, the lack of adequate policies and the low investment in programmatic efforts could hinder its effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Heritage Land Preservation Trust Inc legitimate?
Heritage Land Preservation Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage Land Preservation Trust 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.
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Official website here: www.heritagelpt.com
What is the mission statement of Heritage Land Preservation Trust Inc?
Heritage Land Preservation Trust Inc is committed to the permanent preservation of land, safeguarding it from political and economic threats. Their mission is centered around ensuring the long-term protection of lands, making them free from potential risks that may compromise their natural state. The Trust takes necessary steps to maintain and preserve the properties under their care, such as the Coe Brass Dam property and the gate house, as demonstrated by their investments in painting the gate house and maintenance costs.
Official website here: www.heritagelpt.com
Who is the CEO of Heritage Land Preservation Trust Inc?
Stephen Ivain is the President of Heritage Land Preservation Trust Inc.
Official website here: www.heritagelpt.com
What is the revenue of Heritage Land Preservation Trust Inc?
Heritage Land Preservation Trust Inc's revenue in 2021 was $38,289.
Official website here: www.heritagelpt.com
Who are the executives of Heritage Land Preservation Trust Inc and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.heritagelpt.com
Where can I find the form 990 for Heritage Land Preservation Trust Inc?
Heritage Land Preservation Trust Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.heritagelpt.com
Learn more at the official website: www.heritagelpt.com
Mission Statement of Heritage Land Preservation Trust Inc
The Heritage Land Preservation Trust, a dedicated organization, is committed to ensuring the permanent preservation of land that is free from political or economic threats. This trust works tirelessly to secure the long-term protection of lands, ensuring they remain untouched by political or economic pressures. The Trust's efforts are geared towards safeguarding the integrity of these lands for future generations.
In pursuit of its mission, the Trust undertakes various activities. For instance, it recently invested $3,800 in painting a gatehouse, demonstrating its dedication to maintaining the aesthetic appeal and overall condition of the properties under its care. Furthermore, the Trust allocated $615 towards the maintenance of the Coe Brass Dam property, indicating its commitment to the upkeep of the land it preserves. These actions reflect the Trust's diligence and unwavering dedication to its mission.
In essence, the Heritage Land Preservation Trust serves as a bulwark against encroachments that could potentially harm the land it protects. By safeguarding these lands, the Trust plays a crucial role in preserving the natural world for future generations, contributing to a healthier and more sustainable planet.
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Impact
June, 2024
Heritage Land Preservation Trust Inc's impact is evident in its dedicated efforts towards the permanent preservation of land free from political or economic threats. This organization, based in Torrington, CT, focuses on safeguarding land for future generations. Their work includes activities such as maintaining properties like the Coe Brass Dam and the gate house, demonstrating a commitment to conservation and environmental stewardship. Through these initiatives, Heritage Land Preservation Trust Inc is making a tangible difference in protecting natural landscapes and promoting sustainability.
This information is meant to be a general summary of Heritage Land Preservation Trust 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 2021.
- Gross Receipts: $38,289
Assets and Liabilities:
- Total Assets: $2,153,114
- Total Liabilities: $18,542
- Net Assets: $2,134,572
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Organization Details
Founding Year
1986
Phone
(860) 482-2967Principal Officer
Stephen Ivain
Main Address
PO BOX 596, TORRINGTON, CT, 06790
Website
www.heritagelpt.comNTEE Category
Code: C34 - Environment
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