Overview
What is Growsmart Maine?
Growsmart Maine is a nonprofit organization based in Augusta, Maine, with a dedicated team of two individuals. Their mission is to foster lasting prosperity in the state without compromising the distinctive quality of life that defines Maine. To achieve this, they function as a thought leader and advocate for smart growth solutions, providing communities with the necessary tools and guidance to enhance their municipal and regional planning processes. In the past year, their strategies have included developing and promoting community guides, cultivating regional collaboration for climate action, and recognizing projects, plans, and people that advance smart growth in Maine through the Maine Smart Growth Awards. They also host networking events, such as the Smartinis, and distribute e-newsletters to keep their 3400 interested parties updated on smart growth initiatives in the state. One notable event in FY22 was the Smartinis networking event held at the Portland Observatory, highlighting the historic nature of Portland's waterfront. Overall, Growsmart Maine aims to improve the lives of Mainers by ensuring sustainable, growth-oriented development that preserves the state's unique character.
Official website here: www.growsmartmaine.org
What are the reviews and ratings of this charity?
Charity Navigator gives Growsmart Maine a Three-Star out of Four Star rating with an overall score of 81%. This score reflects a strong emphasis on accountability and finance, which comprises a significant portion of the rating. The organization demonstrated solid governance practices, with 100% independent board members and comprehensive policies in place, contributing positively to its accountability metrics.
The organization’s financial management shows that it maintains a relatively healthy liabilities to assets ratio at 59.03%. However, its program expense ratio of 60.95% indicates that a larger portion of its budget may be allocated to administrative costs rather than direct program expenses, which could suggest room for improvement in delivering funds to its initiatives.
On the leadership front, Growsmart Maine excelled with a perfect score in strategy, leadership, and adaptability, indicating a robust and responsive management team. This strength in leadership enhances the organization’s overall capacity to achieve its goals and adapt to changing circumstances, making it a reputable entity within its sector.
This AI summary has been generated from information found on Charity Navigator.
Is Growsmart Maine legitimate?
Growsmart Maine is a legitimate nonprofit organization registered as a 501(c)(3) entity. Growsmart Maine 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: $87,494
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,082
For more financial information, click here
Official website here: www.growsmartmaine.org
What is the mission statement of Growsmart Maine?
Growsmart Maine's mission is to foster lasting prosperity without compromising the quality of life that defines it. As a thought leader in smart growth solutions, the organization aims to provide communities with the tools and guidance to proactively improve their municipal and regional planning processes. In the fiscal year 2022, their strategies included the development and promotion of community guides, regional collaboration for climate action, and the Maine Smart Growth Awards. Additionally, they recognized projects, plans, and people with unique connections to advancing smart growth through an annual summit. They also hosted networking events called Smartinis and sent e-newsletters to an email list of interested parties, providing updates on smart growth.
Official website here: www.growsmartmaine.org
Who is the CEO of Growsmart Maine?
Nancy E Smith is the Executive Di of Growsmart Maine.
Official website here: www.growsmartmaine.org
What is the revenue of Growsmart Maine?
Growsmart Maine's revenue in 2022 was $223,478.
Official website here: www.growsmartmaine.org
Who are the executives of Growsmart Maine and what are their salaries?
The average compensation at Growsmart Maine during 2022 was $49,288. There are 2 employees and 31 volunteers at Growsmart Maine.
Here are 20 key members and their salaries:
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Official website here: www.growsmartmaine.org
Where can I find the form 990 for Growsmart Maine?
Growsmart Maine's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.growsmartmaine.org
Learn more at the official website: www.growsmartmaine.org
Mission Statement of Growsmart Maine
Growsmart Maine, a thought leader in smart growth solutions, is dedicated to building lasting prosperity in Maine without compromising the quality of life that defines the state. The organization aims to provide communities with the tools and guidance to proactively improve municipal and regional planning processes.
In pursuit of this mission, Growsmart Maine works to promote community guides, foster regional collaboration for climate action, and support smart growth initiatives. They have developed and promoted community guides, including a new version, to help communities make informed decisions about their development. Through regional collaboration, Growsmart Maine works to address climate change and improve the economic opportunities associated with preserving historical sites.
In addition to these efforts, Growsmart Maine recognizes outstanding projects, plans, and individuals that advance smart growth in Maine through the Maine Smart Growth Awards. They also host networking events, such as Smartinis, to bring together individuals and organizations working towards smart growth. These events showcase the importance of collaboration and the sharing of ideas in achieving the organization's goals.
Through their e-newsletters, Growsmart Maine keeps a wide audience of 3400 interested parties updated on smart growth developments in Maine. The organization's work is essential in guiding communities towards sustainable growth that improves the quality of life for all residents.
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Impact
June, 2024
Growsmart Maine's impact can be seen in its efforts to promote smart growth solutions and improve planning processes in communities throughout the state of Maine. By serving as a thought leader and advocate for sustainable development, Growsmart Maine has contributed to building lasting prosperity while maintaining the unique quality of life that defines Maine. Through initiatives such as developing community guides, promoting regional collaboration for climate action, and hosting events like the Maine Smart Growth Awards and SMARTINIs networking events, Growsmart Maine has played a key role in advancing smart growth principles in the state. Additionally, the organization's e-newsletters reach a wide audience of interested parties, further disseminating information and updates on smart growth practices. Overall, Growsmart Maine's work has made a tangible impact on promoting sustainable and thriving communities in Maine.
This information is meant to be a general summary of Growsmart Maine. 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: $31
- Program Service Revenue: $54,985
- Gross Receipts: $223,478
Assets and Liabilities:
- Total Assets: $187,876
- Total Liabilities: $62,310
- Net Assets: $125,566
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUMMIT/FORUM REGISTRATIONS
Revenue
$29,305
MASG
Revenue
$15,780
BROADBAND FEE FOR SERVICE
Revenue
$5,000
CLIMATE TABLE/ENERGY EFFIC.
Revenue
$4,350
FORUMS/SMARTGROWTH WORKSHOPS
Revenue
$550
Organization Details
Founding Year
2003
Phone
(207) 582-4330Principal Officer
Nancy E Smith
Main Address
227 WATER STREET SUITE 215, AUGUSTA, ME, 043304651
Website
www.growsmartmaine.orgNTEE Category
Code: C50 - Environment
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