Overview
What is Gunnison Legacy Fund?
The Gunnison Legacy Fund is a nonprofit organization based in Gunnison, Colorado, with a workforce of two individuals. Over the past two and a half decades, it has been instrumental in assisting over 85 families in preserving agricultural land in the Gunnison Basin, protecting more than 60,000 acres of ranches. The fund serves as an advocate for the landowners in the Gunnison Basin, providing guidance to help them conserve their land through conservation easements, ensuring the land remains intact and available for agricultural use. By doing so, the Gunnison Legacy Fund plays a crucial role in safeguarding the agricultural heritage of the region.
Official website here: www.gunnisonlegacy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Gunnison Legacy Fund has received a two-star rating from Charity Navigator, indicating that while the organization shows strong accountability and finance practices, there are significant areas needing improvement. The fund scored exceptionally well in areas such as having a majority of independent board members and maintaining a favorable liabilities to assets ratio, which reflects good financial health.
However, notable deficiencies were identified, particularly in the transparency of financial statements and the absence of critical policies, including a whistleblower policy and document retention practices. Furthermore, the organization did not post its tax form on its website, which contributes to a lack of transparency that may concern potential donors.
Overall, while the Gunnison Legacy Fund demonstrates strong governance and a solid financial standing, the need for improved transparency and adherence to best practices in nonprofit management remains a concern. Addressing these limitations could enhance the organization’s credibility and trustworthiness among stakeholders and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Gunnison Legacy Fund legitimate?
Gunnison Legacy Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gunnison Legacy Fund 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: $340,026
For more financial information, click here
Official website here: www.gunnisonlegacy.org
What is the mission statement of Gunnison Legacy Fund?
The Gunnison Legacy Fund is dedicated to preserving agricultural land in various regions. Specifically, it acts as an advocate for landowners, assisting them in placing conservation easements on their land to keep it intact and available for agricultural use. Over the years, the fund has successfully helped more than 85 families in completing conservation easements, protecting over 60,000 acres of ranchland. The organization continues to actively advocate for agricultural landowners, working towards the preservation of agricultural land for future generations.
Official website here: www.gunnisonlegacy.org
Who is the CEO of Gunnison Legacy Fund?
Tom Stoeber is the Director of Gunnison Legacy Fund.
Official website here: www.gunnisonlegacy.org
What is the revenue of Gunnison Legacy Fund?
Gunnison Legacy Fund's revenue in 2022 was $1,859,399.
Official website here: www.gunnisonlegacy.org
Who are the executives of Gunnison Legacy Fund and what are their salaries?
The average compensation at Gunnison Legacy Fund during 2022 was $170,013. There are 2 employees at Gunnison Legacy Fund.
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.gunnisonlegacy.org
Where can I find the form 990 for Gunnison Legacy Fund?
Gunnison Legacy Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gunnisonlegacy.org
Learn more at the official website: www.gunnisonlegacy.org
Mission Statement of Gunnison Legacy Fund
The Gunnison Legacy Fund, a dedicated organization, is committed to preserving agricultural land in the Gunnison Basin. By acting as an advocate for landowners, the Fund provides assistance in placing conservation easements on their land, ensuring it remains intact and suitable for agricultural use. Over the years, from 1997 to 2022, the Fund has significantly contributed to the cause, aiding over 85 families in completing conservation easements that protect more than 60,000 acres of ranchland in the Gunnison Basin. Continuously, the Gunnison Legacy Fund continues to act as an advocate for agricultural landowners in the Gunnison Basin, ensuring the preservation of this vital resource for future generations.
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Impact
June, 2024
The Gunnison Legacy Fund has had a significant impact in the Gunnison Basin by assisting landowners in preserving agricultural land through conservation easements. Since 1997, this initiative has helped over 85 families complete conservation easements, protecting more than 60,000 acres of ranchland in the area. By advocating for agricultural landowners and facilitating the protection of their land, the Gunnison Legacy Fund plays a crucial role in ensuring the preservation of valuable agricultural resources in the Gunnison Basin.
This information is meant to be a general summary of Gunnison Legacy Fund. 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: $34,766
- Program Service Revenue: $941,927
- Gross Receipts: $2,988,796
Assets and Liabilities:
- Total Assets: $28,371,678
- Total Liabilities: $26,771
- Net Assets: $28,344,907
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CATTLE SALES
Revenue
$780,943
PROJECT FEES
Revenue
$124,300
FISHING LEASE INCOME
Revenue
$16,500
INSURANCE PROCEEDS
Revenue
$16,246
MISCELLANEOUS
Revenue
$2,338
Organization Details
Founding Year
1996
Phone
(970) 641-4386Principal Officer
Tom Stoeber
Main Address
307 N MAIN ST STE 2H, GUNNISON, CO, 81230
Website
www.gunnisonlegacy.orgNTEE Category
Code: C340 - Environment
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