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Lumbercycle

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

EIN: 813731386 ✦ San diego, CA ✦ Designated as a 501(c)(3)

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Overview

What is Lumbercycle?

Lumbercycle is a nonprofit organization dedicated to mitigating greenhouse gas emissions by diverting woody biomass from landfills. They achieve this by linking tree services and sawyers, and utilizing processed urban lumber for educational purposes. In 2021, Lumbercycle organized urban forestry education programs, aided community projects, harvested wood from municipalities and arborists, and collaborated with local nonprofits to deliver educational initiatives across communities. Their mission enriches communities by promoting urban forestry knowledge and sustainable practices.


Official website here: www.lumbercycle.org

What are the reviews and ratings of this charity?

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

Lumbercycle has achieved an impressive Four-Star rating on Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The organization scored 100% in crucial areas such as having a majority of independent board members and a solid conflict of interest policy. Its high program expense ratio of 97.50% indicates that a significant portion of its funds is directed toward its programs rather than administrative costs.

The nonprofit is characterized by a fully independent board, consisting of three members, which further underscores its governance quality. Additionally, Lumbercycle has effectively implemented various policies, including a whistleblower policy and a document retention and destruction policy, all of which received perfect scores. These measures contribute to the organization's credibility and ethical operations in the nonprofit sector.

While the overall data presents a very favorable view of Lumbercycle's financial health and governance, there's no mention of specific programs or community impact, which could provide a more comprehensive understanding of its effectiveness in fulfilling its mission. Nevertheless, its strong financial metrics and governance practices suggest a well-managed organization dedicated to its cause.


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

Is Lumbercycle legitimate?

Lumbercycle is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lumbercycle submitted a form 990EZ, 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.


Official website here: www.lumbercycle.org

What is the mission statement of Lumbercycle?

Lumbercycle's mission involves minimizing greenhouse gas emissions by rerouting woody waste away from landfills. This is achieved by linking tree services and sawyers, and using refined urban lumber for educational purposes within the community. In 2021, they organized urban forestry courses, supported community projects, collected wood from municipalities and arborists, and partnered with local nonprofits to deliver educational programs. Their activities aim to enrich communities through educational initiatives.


Official website here: www.lumbercycle.org

Who is the CEO of Lumbercycle?

Thomas Hamilton is the Chief Executive Officer of Lumbercycle. The CEO's salary of Lumbercycle is $41,355 and their total compensation is $41,355.


Official website here: www.lumbercycle.org

What is the revenue of Lumbercycle?

Lumbercycle's revenue in 2022 was $172,129.


Official website here: www.lumbercycle.org

Who are the executives of Lumbercycle and what are their salaries?


Here are 4 key members and their salaries (Lumbercycle's CEO's salary is $41,355 and their total compensation is $41,355):


Thomas Hamilton (Chief Executive Officer)
  • Compensation: $41,355
  • Related: $0
  • Other: $0
Brett Ritchey (Chief Operating Officer)
  • Compensation: $16,275
  • Related: $0
  • Other: $0
John Page (Secretary)
  • Compensation: $11,050
  • Related: $0
  • Other: $0
Michael Pagan (Chief Financial Officer)
  • Compensation: $12,000
  • Related: $0
  • Other: $0


Official website here: www.lumbercycle.org

Where can I find the form 990EZ for Lumbercycle?

Lumbercycle's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.lumbercycle.org

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

Mission Statement of Lumbercycle

Lumbercycle, a nonprofit organization, is dedicated to lessening greenhouse gas emissions by rerouting woody biomass from landfills and channeling it towards community education. By connecting tree services and sawyers, Lumbercycle processes urban lumber and repurposes it for educational purposes within the community. In 2021, Lumbercycle actively engaged in various programs centered around urban forestry, supporting community organization projects, harvesting wood from municipalities and arborists, and collaborating with local nonprofits to enrich communities through educational initiatives. Their mission is truly making a difference, as they strive to foster a more sustainable and eco-friendly environment.

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Impact




June, 2024

Lumbercycle's impact lies in its efforts to reduce greenhouse gas emissions through the diversion of woody biomass from landfills. By connecting tree services and sawyers to process urban lumber for community education, Lumbercycle is making a tangible difference in sustainable practices. In 2021 alone, Lumbercycle hosted education programs in urban forestry, supported community organization projects, harvested wood from municipalities and arborists, and collaborated with local nonprofits to enhance communities with educational programs. This concerted approach not only helps in reducing environmental impact but also contributes to community enrichment and education, further solidifying Lumbercycle's positive impact.




This information is meant to be a general summary of Lumbercycle. 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
$172,129 (2022)
Expenses
$258,981 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $172,129

Assets and Liabilities:

  • Total Assets: $122,767
  • Total Liabilities: $88,900
  • Net Assets: $33,867

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Organization Details

Principal Officer

Thomas Hamilton

Main Address

1801 Crandall Dr, San Diego, CA, 92111

NTEE Category

Code: C27 - Environment

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