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Spring Island Trust

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

EIN: 570905093 ✦ Okatie, SC ✦ Designated as a 501(c)(3)

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Overview

What is Spring Island Trust?

Spring Island Trust is a nonprofit organization situated in Okatie, South Carolina, with a focus on environmental conservation and habitat preservation. Specifically, they work towards preserving a nature preserve that is home to rare animal species and ecosystems on Spring Island. Their mission extends beyond just preservation, as they also aim to educate Spring Island residents to become responsible environmental stewards of their properties. Additionally, the Trust supports scientific research that leads to more effective habitat management on Spring Island. Their workforce consists of 11 dedicated individuals, ensuring the protection and preservation of the island's environment and cultural history.


Official website here: www.springislandtrust.org

What are the reviews and ratings of this charity?

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

Spring Island Trust has received an 84% rating from Charity Navigator, reflecting a solid performance in accountability and financial management. The organization boasts a fully independent board of directors, demonstrating a commitment to governance. Key financial indicators, such as a program expense ratio of 76.89%, suggest that a significant portion of resources is directed towards its programs.

While the organization shows strengths in board independence and financial oversight, it has received points of concern regarding missing policies. Specifically, the absence of a conflict of interest policy, whistleblower policy, and document retention policy could indicate potential areas for improvement in transparency and risk management practices. Additionally, the nonprofit has not posted its tax form on its website, which may hinder public access to important financial information.

Overall, while Spring Island Trust demonstrates strong financial health and governance features, addressing its policy gaps and enhancing transparency could further solidify its credibility and effectiveness in the eyes of stakeholders.


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

Is Spring Island Trust legitimate?

Spring Island Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spring Island Trust 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: $665,482

For more financial information, click here


Official website here: www.springislandtrust.org

What is the mission statement of Spring Island Trust?

The Spring Island Trust is devoted to preserving and protecting the environment and cultural history of an unspecified island. Its mission is multifaceted, aiming to maintain a nature preserve, improve and safeguard the habitats of rare animal species and ecosystems, and establish an environmental conservancy. Additionally, the trust provides opportunities for educational and scientific research for the public, with a focus on Spring Island's unique biodiversity. The trust also works towards educating the island's residents to become wise environmental stewards of their properties and supports scientific research that leads to more effective habitat management.


Official website here: www.springislandtrust.org

Who is the CEO of Spring Island Trust?

Charles Kalmbach is the Emeritus of Spring Island Trust.


Official website here: www.springislandtrust.org

What is the revenue of Spring Island Trust?

Spring Island Trust's revenue in 2021 was $1,989,085.


Official website here: www.springislandtrust.org

Who are the executives of Spring Island Trust and what are their salaries?

The average compensation at Spring Island Trust during 2021 was $60,498. There are 11 employees at Spring Island Trust.


Here are 13 key members and their salaries:


Betsy Chaffin (Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Harrigal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Pinza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Morawetz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Boyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carin Sherman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Drake (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Westerlund (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gaylynn Golden (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Kalmbach (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rich (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Swift (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Marsh (Executive Director)
  • Compensation: $142,831
  • Related: $0
  • Other: $4,380


Official website here: www.springislandtrust.org

Where can I find the form 990 for Spring Island Trust?

Spring Island Trust's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.springislandtrust.org

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

Mission Statement of Spring Island Trust

The Spring Island Trust, a dedicated organization, is committed to preserving and protecting the environment and cultural history of a certain island. Its primary mission is to establish and maintain a nature preserve, improve and conserve the habitats of rare animal species and ecosystems, and to preserve an environmental conservancy.

In pursuit of these objectives, the Spring Island Trust invests in habitat improvements, focusing on the preservation of an environmental conservatory, which is home to various unique animal species and ecosystems. Beyond conservation, the Trust also aims to educate Spring Island residents, inspiring them to become responsible environmental stewards of their properties. The Trust further supports scientific research that leads to more effective habitat management on Spring Island.

In addition to conservation efforts, the Spring Island Trust plays a significant role in promoting education and research. It encourages Spring Island residents to become knowledgeable about their environment and to make informed decisions that contribute to its preservation. Furthermore, the Trust supports scientific research that contributes to a deeper understanding of the island's unique ecosystems and rare animal species, with the ultimate goal of ensuring their survival and thriving for future generations.

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Impact




June, 2024

Spring Island Trust's impact is significant in ensuring the preservation and protection of the island's environment and cultural history. By focusing on habitat improvements, maintaining a nature preserve, and preserving rare animal species and ecosystems, the organization plays a crucial role in conserving the island's environmental conservancy. Additionally, their efforts to educate Spring Island residents on wise environmental stewardship and support scientific research for more effective habitat management contribute to the sustainability of the island's natural resources. Through these initiatives, Spring Island Trust actively promotes environmental awareness and conservation, making a positive impact on the local ecosystem and community.




This information is meant to be a general summary of Spring Island Trust. 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
$1,989,085 (2021)
Expenses
$1,405,153 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $156,676
  • Program Service Revenue: $79,229
  • Gross Receipts: $2,204,343

Assets and Liabilities:

  • Total Assets: $7,604,526
  • Total Liabilities: $141,731
  • Net Assets: $7,462,795

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Programs

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

NATIVE PLANT PROJECT

Revenue

$42,619

OTHER PROGRAM REVENUES

Revenue

$19,722

MASTER NATURALIST

Revenue

$8,557

CAMP SPRING ISLAND

Revenue

$8,331

Organization Details

Founding Year

1987

Principal Officer

Charles Kalmbach

Main Address

174 CALLAWASSIE DRIVE, OKATIE, SC, 29910

NTEE Category

Code: C30 - Environment

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