Overview
What is Assateague Coastal Trust Inc?
Assateague Coastal Trust Inc is a nonprofit organization based in Berlin, Maryland, with a mission to preserve the health and living resources of Delmarva's coastal waters. Their primary focus is on preserving Assateague Island and the coastal bays, aiming to maintain the well-being of the coastal ecosystems. With a team of seven dedicated individuals, they strive to raise public awareness about the state of the watershed, working tirelessly to ensure the long-term health and sustainability of the coastal waters in their region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Assateague Coastal Trust Inc has achieved a respectable score of 83%, reflecting a solid performance in various operational metrics. The organization's strengths lie primarily in its Accountability & Finance score of 80%, along with an impressive Leadership & Adaptability score of 100%. The charity demonstrates effective financial management, as evidenced by a low liabilities-to-assets ratio of 18.32% and a high program expense ratio of 77.94%, ensuring that a significant portion of its funds are directed towards its mission.
The organization also excels in its community engagement and culture, receiving a score of 87 in this area. Notably, it has a fully independent board with seven members and a robust policy for document retention and board meeting documentation. The charity’s commitment to leadership development is commendable, showcasing an investment in enhancing their team's capabilities, which is crucial for long-term sustainability and impact.
While the overall rating is strong, the lower score in Leadership & Adaptability (10%) suggests there may be areas for improvement in this domain. Continuous efforts in these aspects could further enhance the organization's effectiveness and community engagement, thus reinforcing their mission to protect the coastal environment.
This AI summary has been generated from information found on Charity Navigator.
Is Assateague Coastal Trust Inc legitimate?
Assateague Coastal Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Assateague Coastal 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $63,972
Professional Fundraising Fees: $0
Other Salaries and Wages: $135,123
For more financial information, click here
What is the mission statement of Assateague Coastal Trust Inc?
The Assateague Coastal Trust Inc is dedicated to preserving the health and living resources of the coastal waters in the region. Specifically, the organization aims to safeguard Assateague Island, and more broadly, the coastal bays. Furthermore, the Trust seeks to raise public awareness about the conditions of the watershed through its Coastkeeper program. Essentially, the Assateague Coastal Trust Inc's mission is to ensure the long-term health and sustainability of the coastal waters, with a focus on both environmental conservation and public education.
Who is the CEO of Assateague Coastal Trust Inc?
Eric Vinson is the President of Assateague Coastal Trust Inc.
What is the revenue of Assateague Coastal Trust Inc?
Assateague Coastal Trust Inc's revenue in 2022 was $457,580.
Who are the executives of Assateague Coastal Trust Inc and what are their salaries?
The average compensation at Assateague Coastal Trust Inc during 2022 was $28,442. There are 7 employees and 5 volunteers at Assateague Coastal Trust Inc.
Here are 13 key members and their salaries:
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Where can I find the form 990 for Assateague Coastal Trust Inc?
Assateague Coastal Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Assateague Coastal Trust Inc
The Assateague Coastal Trust Inc, a nonprofit organization, is dedicated to the preservation of Assateague Island and the living resources of the coastal bays. Its mission extends beyond the shores, reaching to the health and living resources of Delmarva's coastal waters. The organization takes on the role of a coastkeeper, striving to preserve the health of Delmarva's coastal waters and raising public awareness about the conditions of the watershed. Through its initiatives, the Assateague Coastal Trust Inc works tirelessly to ensure the long-term sustainability and well-being of the coastal ecosystems for future generations.
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Impact
July, 2024
Assateague Coastal Trust Inc works tirelessly to preserve Assateague Island and the Living Resources of the Coastal Bays. Through their mission to preserve the health and living resources of Delmarva's coastal waters, they have made a significant impact in raising public awareness about the conditions of the watershed. As the Coastkeeper, they play a crucial role in preserving the health of Delmarva's coastal waters and advocating for the protection of the environment. Their work contributes to the sustainability of the ecosystem and promotes environmental stewardship in the community.
This information is meant to be a general summary of Assateague Coastal 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 2022.
- Investment Income: $3,834
- Program Service Revenue: $19,426
- Gross Receipts: $457,580
Assets and Liabilities:
- Total Assets: $497,257
- Total Liabilities: $91,117
- Net Assets: $406,140
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Organization Details
Founding Year
1972
Phone
(410) 529-1538Principal Officer
Eric Vinson
Main Address
9842 MAIN ST, BERLIN, MD, 21811
NTEE Category
Code: C30Z - Environment
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