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Friends Of Lake Keowee Society Inc

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

EIN: 570970477 ✦ Salem, SC ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Lake Keowee Society Inc?

Friends of Lake Keowee Society Inc, a volunteer-driven nonprofit based in Salem, South Carolina, focuses on the conservation and responsible management of Lake Keowee and its surrounding watershed. Their mission encompasses identifying and addressing pollution sources, promoting Best Management Practices for timber harvest and cattle operations, enhancing septic system maintenance, encouraging greener landscapes along waterfronts, and ensuring proper containment of landfills and marine discharge. Overall, their efforts aim to preserve and improve the quality of Lake Keowee for the benefit of the local community and ecosystem.


Official website here: www.keoweefolks.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

Friends Of Lake Keowee Society Inc has achieved a high rating of 97% from Charity Navigator, indicating a strong commitment to accountability and financial health. This score reflects a perfect performance across various metrics, emphasizing the charity's effective management and transparency. The organization has a solid foundation built on independent governance, with a fully independent board and no reported material diversion of assets.

The charity excels in various areas, notably maintaining a high program expense ratio of 78.84%, which demonstrates their focus on utilizing funds for their intended programs rather than administrative costs. Additionally, they have robust policies in place, including a conflict of interest policy, a whistleblower policy, and a comprehensive document retention and destruction policy. These factors contribute to their overall financial integrity and operational effectiveness.

While the organization shows strong performance indicators, it is important to continually monitor its operations and impact to ensure ongoing success and adherence to best practices. The transparency and commitment to good governance displayed by Friends Of Lake Keowee Society Inc are commendable, suggesting they are well-positioned to serve their mission effectively.


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

Is Friends Of Lake Keowee Society Inc legitimate?

Friends Of Lake Keowee Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Lake Keowee Society 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: $40,484

For more financial information, click here


Official website here: www.keoweefolks.org

What is the mission statement of Friends Of Lake Keowee Society Inc?

The Friends of Lake Keowee Society is a non-profit organization committed to preserving and improving Lake Keowee and its surrounding watershed. Their mission encompasses advocacy, conservation, and education, with a focus on identifying and addressing pollution sources, promoting Best Management Practices for timber harvest and cattle operations, and encouraging preventative maintenance for septic systems. Additionally, they strive to improve buffers for waterside landscapes, manage landfill and marine discharge containment, and ensure the prevention of further environmental degradation.


Official website here: www.keoweefolks.org

What is the revenue of Friends Of Lake Keowee Society Inc?

Friends Of Lake Keowee Society Inc's revenue in 2023 was $187,872.


Official website here: www.keoweefolks.org

Who are the executives of Friends Of Lake Keowee Society Inc and what are their salaries?

The average compensation at Friends Of Lake Keowee Society Inc during 2023 was $40,484. There is 1 employee and 100 volunteers at Friends Of Lake Keowee Society Inc.

Here are 6 key members and their salaries:


John Hains (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Metzger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Savoca (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Wilde (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Gutenstein (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Schutt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.keoweefolks.org

Where can I find the form 990 for Friends Of Lake Keowee Society Inc?

Friends Of Lake Keowee Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.keoweefolks.org

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

Mission Statement of Friends Of Lake Keowee Society Inc

Friends of Lake Keowee Society, a volunteer, not-for-profit organization, is committed to the preservation and enhancement of Lake Keowee and its surrounding watershed. Their mission is threefold: advocacy, conservation, and education.

With a focus on identifying and addressing pollution sources, they work tirelessly to track the progress against them. They are also dedicated to promoting Best Management Practices for timber harvest and cattle operations, ensuring that these activities do not harm the lake's ecosystem.

In addition, Friends of Lake Keowee Society is concerned with the prevention of pollution from septic systems, advocating for improved buffers for waterside landscapes and containment of landfills and marine discharge. Their goal is to maintain the pristine beauty of Lake Keowee and its watershed for future generations.

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Impact




June, 2024

Friends Of Lake Keowee Society Inc's impact is significant in the preservation and enhancement of Lake Keowee and its watershed. The organization is dedicated to advocating for the conservation and enlightened management of the lake and its surrounding area. By identifying pollution sources, promoting best management practices for various activities, and emphasizing the importance of preventative measures, Friends Of Lake Keowee Society Inc plays a crucial role in ensuring the long-term health and sustainability of the Lake Keowee ecosystem. Through its advocacy, conservation efforts, and educational initiatives, the organization's impact extends to promoting a cleaner and healthier environment for the benefit of both the local community and the natural habitat.




This information is meant to be a general summary of Friends Of Lake Keowee Society 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
$187,872 (2023)
Expenses
$161,512 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $40,586
  • Program Service Revenue: $24,658
  • Gross Receipts: $201,189

Assets and Liabilities:

  • Total Assets: $566,688
  • Total Liabilities: $4,350
  • Net Assets: $562,338

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Programs

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

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Revenue

$24,658

Organization Details

Founding Year

1993

Principal Officer

Dale Wilde

NTEE Category

Code: C320 - Environment

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