Overview
What is Island Green Building Association Inc?
Island Green Building Association Inc is a nonprofit organization based in St. John, U.S. Virgin Islands, with a mission to transform the region into a net-zero waste, carbon-neutral territory. A crucial part of their mission is education, with the goal of protecting the environment and ensuring the health, welfare, and economic security of the islands and its people. They operate the Resource Depot, a thrift store that accepts donated items from local residents and sells them back to the community at a discounted rate. The Resource Depot's primary aim is to change the community's perspective on waste, viewing it as valuable resources that should be reused and conserved. To date, the Resource Depot has prevented over 500,000 pounds of waste from entering the landfill on St. John, thereby contributing to a more sustainable future for the islands.
Official website here: www.iglavi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
The Island Green Building Association Inc has received a low rating of 56% from Charity Navigator, reflecting significant concerns about its accountability and financial management. With a one-star rating, the organization shows a lack of independent board members and has not provided essential financial statements, which raises questions about transparency and governance.
Despite these issues, the nonprofit has a relatively high program expense ratio of 74.95%, indicating that a substantial portion of its expenses is directed towards its programs. However, the absence of key policies such as a conflict of interest policy and a whistleblower policy, alongside the missing documentation of board meeting minutes, highlights notable weaknesses in its operational practices.
Overall, while the organization is making an effort to allocate funds toward its mission, serious governance and transparency issues could hinder its effectiveness and trustworthiness. Stakeholders may want to consider these factors before engaging with the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Island Green Building Association Inc legitimate?
Island Green Building Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Island Green Building Association 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: $340,676
For more financial information, click here
Official website here: www.iglavi.org
What is the mission statement of Island Green Building Association Inc?
The Island Green Building Association Inc aims to transform a territory into a net-zero waste, carbon-neutral one, protecting the environment and ensuring the health, welfare, and economic security of its people. This mission is carried out by educating the community to rethink waste as valuable resources that need to be reused and conserved. A key initiative is the Resource Depot, a thrift store where unwanted items are accepted as donations and sold back to the community at discounted rates, keeping over half a million pounds of waste from entering the landfill.
Official website here: www.iglavi.org
Who is the CEO of Island Green Building Association Inc?
Harith Wickrema is the President of Island Green Building Association Inc.
Official website here: www.iglavi.org
What is the revenue of Island Green Building Association Inc?
Island Green Building Association Inc's revenue in 2022 was $964,487.
Official website here: www.iglavi.org
Who are the executives of Island Green Building Association Inc and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.iglavi.org
Where can I find the form 990 for Island Green Building Association Inc?
Island Green Building Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iglavi.org
Learn more at the official website: www.iglavi.org
Mission Statement of Island Green Building Association Inc
The Island Green Building Association Inc is an organization that aims to transform the United States Virgin Islands into a net-zero waste, carbon-neutral territory. By doing so, they strive to protect the environment and ensure the health, welfare, and economic security of the islands and its people.
To achieve this mission, they focus on educating the community. The Association operates a resource depot, which is the only thrift store on St. John. This depot accepts donations from local residents and sells the items back to the community at a discounted rate. This initiative is designed to retrain the community's perspective on waste, viewing it as valuable resources that need to be reused and conserved. To date, the Resource Depot has kept more than half a million pounds of waste from entering the landfill on St. John.
In summary, the Island Green Building Association Inc is working tirelessly to create a sustainable future for the United States Virgin Islands. By promoting resource conservation, they aim to protect the environment, enhance the well-being of the islands' residents, and secure a prosperous economic future for the territory.
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Impact
June, 2024
Island Green Building Association Inc is making a significant impact in transforming the United States Virgin Islands into a net zero waste, carbon-neutral territory. Through initiatives like the Resource Depot, they are actively reducing waste and promoting the reuse and conservation of valuable resources. By keeping over 500,000 pounds of items out of the landfill on St. John, they are playing a vital role in environmental protection and sustainability. Their efforts not only benefit the local community but also contribute to the health, welfare, and economic security of the islands and its people. Island Green Building Association Inc's mission to educate the community and drive towards a sustainable future underscores their commitment to environmental stewardship.
This information is meant to be a general summary of Island Green Building Association 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: $1,427
- Program Service Revenue: $216,449
- Gross Receipts: $964,487
Assets and Liabilities:
- Total Assets: $1,142,980
- Total Liabilities: $13,381
- Net Assets: $1,129,599
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESOURCE DEPOT
Revenue
$165,045
PLASTIC RECYCLING
Revenue
$15,978
RECYCLING PICKUP
Revenue
$14,090
ALUMINUM RECYCLING
Revenue
$13,504
ECOSTATION
Revenue
$6,000
Organization Details
Founding Year
2004
Phone
(340) 473-7870Principal Officer
Harith Wickrema
Main Address
5000 ESTATE ENIGHED PMB 38, ST JOHN, VI, 00830
Website
www.iglavi.orgNTEE Category
Code: C60 - Environment
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