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Clean Streams Foundation Inc

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

EIN: 522286668 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

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Overview

What is Clean Streams Foundation Inc?

Clean Streams Foundation Inc is a nonprofit organization based in Lexington, Kentucky, with an address at 180 N Mill Street. The foundation's primary mission is to ensure the availability of funds, which are utilized to operate and maintain water treatment systems. The goal of these systems is to prevent or mitigate pollution, safeguard natural resources, and promote public health. The organization's activities are directed towards ensuring clean water for the benefit of the environment and public health. It is crucial to note that the foundation does not provide specific details on the programs or initiatives they undertake, but its purpose remains clear: to maintain water treatment systems and protect the environment.


Official website here: www.cleanstreams.net

What are the reviews and ratings of this charity?

Charity Navigator rating: 84% (Three-Star out of Four Star rating)

Clean Streams Foundation Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization has demonstrated strong governance with a fully independent board of directors and effective oversight mechanisms, earning high scores across multiple metrics, including financial statements and program expenses.

The foundation allocates a significant portion of its budget toward program expenses, indicating a commitment to its mission. However, there are some areas for improvement, specifically related to governance policies, as the organization lacks a conflict of interest policy, a whistleblower policy, and a document retention policy. Addressing these gaps could enhance transparency and trust among stakeholders.

Overall, while Clean Streams Foundation Inc exhibits strengths in financial management and board independence, it has opportunities to bolster its governance frameworks. Continuous improvement in these areas could further elevate the organization's credibility and effectiveness in achieving its goals.


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

Is Clean Streams Foundation Inc legitimate?

Clean Streams Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clean Streams Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cleanstreams.net

What is the mission statement of Clean Streams Foundation Inc?

The Clean Streams Foundation Inc's mission is centered around ensuring the availability of funds to operate and maintain water treatment systems, with the primary goal of preventing or abating pollution and protecting natural resources and public health. By doing so, the foundation aims to safeguard the environment and promote the well-being of communities.


Official website here: www.cleanstreams.net

Who is the CEO of Clean Streams Foundation Inc?

Wayne Masterman is the Director of Clean Streams Foundation Inc.


Official website here: www.cleanstreams.net

What is the revenue of Clean Streams Foundation Inc?

Clean Streams Foundation Inc's revenue in 2022 was $7,899,677.


Official website here: www.cleanstreams.net

Who are the executives of Clean Streams Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Wayne Masterman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Zatezalo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cleanstreams.net

Where can I find the form 990 for Clean Streams Foundation Inc?

Clean Streams Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cleanstreams.net

Learn more at the official website: www.cleanstreams.net

Mission Statement of Clean Streams Foundation Inc

The Clean Streams Foundation Inc, in its mission, ensures the availability of funds to operate and maintain water treatment systems. This is done with the primary objective of preventing or abating pollution and protecting natural resources and public health. By doing so, the foundation aims to safeguard the environment and the well-being of the public. The foundation's diligent efforts are geared towards ensuring the smooth functioning and upkeep of water treatment systems, thereby promoting a cleaner, healthier, and more sustainable environment.

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Impact




June, 2024

Clean Streams Foundation Inc's impact lies in ensuring that funds are available to operate and maintain water treatment systems, thus preventing or abating pollution and safeguarding natural resources and public health. Through its mission, the foundation plays a critical role in safeguarding water quality, protecting ecosystems, and promoting public well-being in the community.




This information is meant to be a general summary of Clean Streams Foundation 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
$7,899,677 (2022)
Expenses
$6,404,338 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,874,823
  • Program Service Revenue: $922,743
  • Gross Receipts: $12,223,897

Assets and Liabilities:

  • Total Assets: $171,301,120
  • Total Liabilities: $0
  • Net Assets: $171,301,120

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REALTY INCOME

Revenue

$885,602

TREATMENT

Revenue

$24,000

OTHER PROGRAM SERVICE INCOME

Revenue

$13,141

Organization Details

Founding Year

2001

Principal Officer

Wayne Masterman

Main Address

180 N MILL STREET, LEXINGTON, KY, 40507

NTEE Category

Code: C122 - Environment

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