Overview
What is Mathews Land Conservancy?
Mathews Land Conservancy is a nonprofit organization based in Mathews, Virginia, specifically at P.O. Box 306. Their primary mission revolves around preserving and restoring the Williams Wharf area on the East River in Mathews County. The conservancy aims to transform this location into a recreational area, offering various water activities such as boating. Furthermore, they plan to establish a museum focused on these water-based activities, contributing to the local community's enjoyment of the area. With a small team of one dedicated individual, the Mathews Land Conservancy is committed to enhancing the Mathews County waterfront and promoting recreational opportunities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating
Mathews Land Conservancy has received a two-star rating from Charity Navigator, indicating an average level of accountability and financial health. While the organization excels in certain areas such as having a fully independent board and a strong program expense ratio, it has significant deficiencies in transparency and policy documentation. The lack of a website listed on tax forms and missing policies related to conflict of interest and whistleblower protections are critical weaknesses.
The organization demonstrates strong financial management with a low liabilities to assets ratio and no material diversion of assets, showcasing its commitment to maintaining the integrity of its funds. However, the absence of essential governance policies may raise concerns regarding oversight and operational transparency. The documentation of board meeting minutes, while a positive aspect, cannot compensate for the overall lack of compliance with best practices.
To improve its standing, Mathews Land Conservancy should prioritize establishing and publishing key governance policies along with their financial information on their website. Addressing these gaps would enhance their accountability and potentially lead to an improved rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Mathews Land Conservancy legitimate?
Mathews Land Conservancy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mathews Land Conservancy 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: $18,953
For more financial information, click here
What is the mission statement of Mathews Land Conservancy?
The Mathews Land Conservancy is dedicated to preserving and restoring the Williams Wharf area, located on the East River. Their mission encompasses providing a recreational area and museum for various water activities. By doing so, they aim to conserve this significant location while offering a venue for boating and other water-related activities.
Who is the CEO of Mathews Land Conservancy?
Tim Hudgins is the Director of Mathews Land Conservancy.
What is the revenue of Mathews Land Conservancy?
Mathews Land Conservancy's revenue in 2022 was $76,096.
Who are the executives of Mathews Land Conservancy and what are their salaries?
The average compensation at Mathews Land Conservancy during 2022 was $18,953. There is 1 employee and 10 volunteers at Mathews Land Conservancy.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Mathews Land Conservancy?
Mathews Land Conservancy's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mathews Land Conservancy
The Mathews Land Conservancy, a dedicated organization, is committed to preserving and restoring the Williams Wharf area, a location on the East River. Their primary mission revolves around providing a recreation area and museum, focusing on boating and various other water activities. By doing so, they aim to transform this destination into a hub for water-based leisure and education, enhancing community enjoyment and fostering a deeper connection with the local waterways.
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Impact
June, 2024
Mathews Land Conservancy has had a significant impact on the Williams Wharf area in Mathews, Virginia. By preserving and restoring this location on the East River, the organization has created a recreational space and museum for boating and other water activities. This initiative has not only helped to conserve the environment but has also provided opportunities for the community to engage in outdoor recreation and learn about the area's history and natural resources. Overall, Mathews Land Conservancy's efforts at Williams Wharf have had a positive impact on both the environment and the local community.
This information is meant to be a general summary of Mathews Land Conservancy. 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: -$6,504
- Program Service Revenue: $7,500
- Gross Receipts: $110,029
Assets and Liabilities:
- Total Assets: $4,236,203
- Total Liabilities: $199,214
- Net Assets: $4,036,989
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
USER FEES
Revenue
$7,500
Organization Details
Founding Year
1993
Principal Officer
Tim Hudgins
Main Address
P O BOX 306, MATHEWS, VA, 23109
NTEE Category
Code: C340 - Environment
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