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Sipson Island 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: 842731899 ✦ South orleans, MA ✦ Designated as a 501(c)(3)

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Overview

What is Sipson Island Trust Inc?

Sipson Island Trust Inc is a non-profit organization headquartered at PO Box 155, South Orleans, Massachusetts. Their primary mission is to preserve and restore Sipson Island, a place of environmental, historical, and community importance. They aim to promote education, research, and public awareness about the island. Their work involves fostering an understanding of the island's significance and its role in the broader community, which they achieve through various initiatives. Although specific details about their activities are not provided, it is clear that their focus is on the preservation and restoration of Sipson Island, as well as educating the public about its importance.


Official website here: www.sipsonislandtrust.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star Rating

Sipson Island Trust Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 83%. This rating is derived entirely from the Accountability & Finance beacon, indicating strong fiscal management and transparency. The organization has excelled in several areas, including having 100% independent board members and no material diversion of assets, which are critical components in assessing nonprofit governance and integrity.

The charity shows strengths in its financial health with a low liabilities to assets ratio of 0.27% and an impressive program expense ratio of 76.25%. These figures suggest that Sipson Island Trust Inc effectively allocates its resources towards its mission. The presence of important policies, such as conflict of interest, further supports its commitment to accountability.

However, there are a couple of limitations noted in the data. The organization lacks a whistleblower policy and a document retention and destruction policy, which can be important for ensuring ethical practices and operational integrity. Despite these areas for improvement, the overall financial and governance structure of Sipson Island Trust Inc indicates a responsible and dedicated nonprofit.


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

Is Sipson Island Trust Inc legitimate?

Sipson Island Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sipson Island 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sipsonislandtrust.org

What is the mission statement of Sipson Island Trust Inc?

The Sipson Island Trust Inc is dedicated to the preservation and restoration of Sipson Island, with a focus on promoting education, research, and public awareness of its environmental, historical, and community importance. Their mission aims to elevate the island's standing as a significant place in terms of its environmental health, historical value, and community relevance. Through their efforts, they hope to foster a broader understanding and appreciation of the island among the public.


Official website here: www.sipsonislandtrust.org

Who is the CEO of Sipson Island Trust Inc?

Moncrieff Cochran is the President/Treasurer of Sipson Island Trust Inc.


Official website here: www.sipsonislandtrust.org

What is the revenue of Sipson Island Trust Inc?

Sipson Island Trust Inc's revenue in 2022 was $166,618.


Official website here: www.sipsonislandtrust.org

Who are the executives of Sipson Island Trust Inc and what are their salaries?

There 30 volunteers at Sipson Island Trust Inc.


Here are 11 key members and their salaries:


Tasia Blough (President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peg Underhill (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Eskstrom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Besty Furtney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tod Cochran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Henderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susy Remillard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Ziegler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garner Lestage (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Landau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice Ronty (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sipsonislandtrust.org

Where can I find the form 990 for Sipson Island Trust Inc?

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


Official website here: www.sipsonislandtrust.org

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

Mission Statement of Sipson Island Trust Inc

The Sipson Island Trust Inc is dedicated to preserving and restoring Sipson Island, with a focus on raising education, research, and public awareness of the island's significant environmental, historical, and community value. This nonprofit organization aims to promote Sipson Island as a place of great importance, not only for its natural beauty but also for its rich history and the role it plays in the community. Through their efforts, they strive to protect and conserve the island for future generations while fostering a greater understanding and appreciation of its significance among the public.

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Impact




June, 2024

Sipson Island Trust Inc's impact lies in its dedicated efforts to preserve and restore Sipson Island, as well as in promoting education, research, and public awareness of the island as a place of environmental, historical, and community importance. By focusing on conservation and fostering understanding of the island's significance, Sipson Island Trust Inc contributes to the preservation of natural habitats, historical sites, and communal heritage. Through these endeavors, the organization actively engages in safeguarding the environment and cultural richness of Sipson Island for current and future generations.




This information is meant to be a general summary of Sipson Island 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
$166,618 (2022)
Expenses
$102,573 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $166,618

Assets and Liabilities:

  • Total Assets: $4,782,866
  • Total Liabilities: $12,935
  • Net Assets: $4,769,931

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Organization Details

Founding Year

2019

Principal Officer

Moncrieff Cochran

Main Address

PO BOX 155, SOUTH ORLEANS, MA, 02662

NTEE Category

Code: C32 - Environment

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