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Heritage Preservation Trust Inc

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

EIN: 815237557 ✦ Edgefield, SC ✦ Designated as a 501(c)(3)

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Overview

What is Heritage Preservation Trust Inc?

Heritage Preservation Trust Inc is a nonprofit organization based in Edgefield, South Carolina, specifically located at 310 Buncombe Street. Its primary mission is to preserve and protect natural and historical resources, such as land, water, wetlands, farmland, and open spaces, for the benefit of both current and future generations. They aim to conserve and safeguard these resources, including plant and animal ecosystems, to ensure their continued existence for generations to come. In addition to preservation, the Trust also educates the general public about the importance of conserving and protecting these natural, historical, and open space resources. With a workforce of 4 individuals, they strive to fulfill their mission and promote awareness about the significance of resource conservation.


Official website here: www.hp-trust.net

What are the reviews and ratings of this charity?

Charity Navigator Rating 97% - Four-Star out of Four Star Rating

Heritage Preservation Trust Inc has received a remarkable Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability and Finance. The overall score is entirely based on this beacon, highlighting the organization's commitment to transparency and effective financial management. The high accountability score signifies that the trust meets rigorous standards in its financial practices and governance.

The nonprofit boasts an impressive 80% independent board composition, ensuring that decisions are made with integrity and a commitment to the organization's mission. Additionally, it has received top marks across various financial metrics, including a program expense ratio of 76.48% that indicates a substantial portion of funds is directed towards its programs, and a fund-raising efficiency ratio of $0.00, suggesting that fundraising efforts are effectively cost-free.

While the organization demonstrates robust financial health, with liabilities making up only 0.90% of its assets and a working capital ratio of nearly 12 years, the data does not elaborate on its specific programmatic impact or outreach effectiveness. Overall, Heritage Preservation Trust Inc's financial integrity positions it as a trustworthy choice for donors seeking to support heritage preservation efforts.


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

Is Heritage Preservation Trust Inc legitimate?

Heritage Preservation Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage Preservation Trust 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: $488,423
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,831

For more financial information, click here


Official website here: www.hp-trust.net

What is the mission statement of Heritage Preservation Trust Inc?

The Heritage Preservation Trust Inc is dedicated to the preservation and protection of natural and historical resources such as land, water, wetlands, farmland, and open spaces, along with the plant and animal ecosystems within them. Their primary goal is to ensure these resources are conserved for the benefit of current and future generations. Additionally, they strive to educate the general public on the importance of conservation and protection of natural, historic, and open space resources.


Official website here: www.hp-trust.net

Who is the CEO of Heritage Preservation Trust Inc?

George C Thornton is the Chairman of Heritage Preservation Trust Inc. The CEO's salary of Heritage Preservation Trust Inc is $220,558 and their total compensation is $231,586.


Official website here: www.hp-trust.net

What is the revenue of Heritage Preservation Trust Inc?

Heritage Preservation Trust Inc's revenue in 2022 was $2,293,622.


Official website here: www.hp-trust.net

Who are the executives of Heritage Preservation Trust Inc and what are their salaries?

The average compensation at Heritage Preservation Trust Inc during 2022 was $162,064. There are 4 employees and 20 volunteers at Heritage Preservation Trust Inc.


Here are 11 key members and their salaries (Heritage Preservation Trust Inc's CEO's salary is $220,558 and their total compensation is $231,586):


George C Thornton (Chairman)
  • Compensation: $240,559
  • Related: $0
  • Other: $12,028
William D Saunders Jr (Ceo)
  • Compensation: $220,558
  • Related: $0
  • Other: $11,028
Jason Mccannon (Director)
  • Compensation: $4,250
  • Related: $0
  • Other: $0
Jennifer Sumner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Matthew L Hunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marvin N Davant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Collins Mcneill Iv (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Labate (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
N Fulton Breen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Blome (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Dinger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hp-trust.net

Where can I find the form 990 for Heritage Preservation Trust Inc?

Heritage Preservation Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hp-trust.net

Learn more at the official website: www.hp-trust.net

Mission Statement of Heritage Preservation Trust Inc

The Heritage Preservation Trust Inc, a nonprofit organization, is dedicated to the preservation and protection of natural and historical resources. This includes land, water, wetlands, farmland, and open spaces, as well as the diverse ecosystems of plants and animals residing within them. The primary objective of this organization is to ensure these resources are safeguarded for the benefit of current and future generations.

In addition to preservation, the Heritage Preservation Trust Inc also aims to educate the general public about the importance of conserving and protecting natural, historic, and open space resources. By doing so, they hope to inspire a sense of responsibility and stewardship in the community, fostering a future where these resources continue to thrive.

In essence, the Heritage Preservation Trust Inc serves as a beacon for environmental conservation, advocating for the protection of our planet's precious resources and encouraging public awareness and engagement in this critical cause.

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Impact




June, 2024

Heritage Preservation Trust Inc's impact is significant in preserving and protecting natural and historical resources for the benefit of present and future generations. The organization focuses on conserving land, water, wetlands, farmland, and open spaces, along with the plant and animal ecosystems within these areas. Additionally, Heritage Preservation Trust Inc plays a crucial role in educating the general public about the importance of conservation and protection of natural, historic, and open space resources. Their efforts contribute to safeguarding valuable environmental and cultural heritage assets for the benefit of the community and the environment.




This information is meant to be a general summary of Heritage Preservation Trust 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
$2,293,622 (2022)
Expenses
$1,069,971 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $812,103
  • Gross Receipts: $2,573,384

Assets and Liabilities:

  • Total Assets: $12,672,489
  • Total Liabilities: $114,247
  • Net Assets: $12,558,242

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Organization Details

Founding Year

2017

Principal Officer

George C Thornton

Main Address

310 BUNCOMBE STREET, EDGEFIELD, SC, 29824

NTEE Category

Code: C35 - Environment

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