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Mat-Su Trails & Parks Foundation

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

EIN: 900699180 ✦ Palmer, AK ✦ Designated as a 501(c)(3)

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Overview

What is Mat-Su Trails & Parks Foundation?

The Mat-Su Trails & Parks Foundation is a nonprofit organization situated in Palmer, Alaska, with a postal address at PO Box 652, AK 99645. With a modest team of three dedicated individuals, their mission is centered around promoting trails and parks within the expansive 25,258 square mile territory of the Matanuska-Susitna Borough in South Central Alaska. Their primary objective is to develop an interconnected network of trails and parks, contributing to the overall enhancement and enjoyment of the local environment and community.


Official website here: www.matsutrails.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Overall score: 70%, earning a Two-Star out of Four Star rating

The Mat-Su Trails & Parks Foundation has received a rating of "Needs Improvement" from Charity Navigator, reflecting a total score of 70%. While the organization excels in areas of accountability and finance, achieving a perfect score of 100% in that category, it struggles significantly with financial statement transparency. This lack of clarity in financial reporting negatively impacts their overall rating despite strong governance practices, such as having a majority of independent board members and effective policies in place.

The foundation demonstrates a commendable commitment to program expenses, with an impressive program expense ratio of 97.06%. This suggests that a significant portion of their resources is directed towards their mission-related activities, which is a positive indicator for potential donors. However, the financial statements received a notably low score, reflecting concerns about their financial documentation and public disclosure practices.

Despite these limitations, the foundation has established sound governance policies, including conflict of interest and whistleblower policies. To enhance their standing and trustworthiness, addressing the shortcomings in financial reporting will be crucial for the Mat-Su Trails & Parks Foundation, as transparency is key to fostering donor confidence and support.


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

Is Mat-Su Trails & Parks Foundation legitimate?

Mat-Su Trails & Parks Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mat-Su Trails & Parks Foundation 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: $139,117

For more financial information, click here


Official website here: www.matsutrails.org

What is the mission statement of Mat-Su Trails & Parks Foundation?

The Mat-Su Trails & Parks Foundation is committed to promoting the development of trails and parks within its jurisdiction. Specifically, its mission is to establish an integrated network of trails and parks across the 25,258 square miles of the Matanuska-Susitna Borough, located in South Central Alaska. By doing so, the foundation aims to enhance the overall well-being and recreational opportunities for the community, fostering a healthier and more connected society. The foundation's activities may include advocacy, fundraising, and collaborations with local organizations to ensure the successful implementation and maintenance of its trail and park initiatives.


Official website here: www.matsutrails.org

Who is the CEO of Mat-Su Trails & Parks Foundation?

George Hoden is the Director of Mat-Su Trails & Parks Foundation.


Official website here: www.matsutrails.org

What is the revenue of Mat-Su Trails & Parks Foundation?

Mat-Su Trails & Parks Foundation's revenue in 2022 was $728,619.


Official website here: www.matsutrails.org

Who are the executives of Mat-Su Trails & Parks Foundation and what are their salaries?

The average compensation at Mat-Su Trails & Parks Foundation during 2022 was $46,372. There are 3 employees at Mat-Su Trails & Parks Foundation.


Here are 11 key members and their salaries:


Sam Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Charles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorraine Cordova (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cara Durr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Hoden (Board Presid)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Kowalke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susie Lemons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Mollnow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Swartz (Board Vice P)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Winnestaffer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.matsutrails.org

Where can I find the form 990 for Mat-Su Trails & Parks Foundation?

Mat-Su Trails & Parks Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.matsutrails.org

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

Mission Statement of Mat-Su Trails & Parks Foundation

Mat-Su Trails & Parks Foundation is committed to promoting the development and integration of trails and parks across the expansive 25,258 square miles of the Matanuska-Susitna Borough in South Central Alaska. Their mission is to advocate for and support the creation of a comprehensive network of trails and parks, enhancing the overall quality of life for the community. The Foundation's activities are geared towards fostering a sustainable and enjoyable outdoor environment, making it accessible to all residents and visitors.

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Impact




July, 2024

Mat-Su Trails & Parks Foundation plays a crucial role in promoting the development of an integrated network of trails and parks throughout the vast Matanuska Susitna Borough in South Central Alaska. By supporting this initiative, the foundation contributes significantly to enhancing recreational opportunities, preserving natural spaces, and fostering a sense of community well-being for residents and visitors alike. Their efforts have a tangible impact on the quality of life in the region by providing access to outdoor amenities, promoting physical activity, and preserving the natural beauty of the area.




This information is meant to be a general summary of Mat-Su Trails & Parks Foundation. 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
$728,619 (2022)
Expenses
$645,058 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,742
  • Program Service Revenue: $77,534
  • Gross Receipts: $728,619

Assets and Liabilities:

  • Total Assets: $2,170,327
  • Total Liabilities: $1,378,802
  • Net Assets: $791,525

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRIBUTIONS UNDER 5,000

Revenue

$77,534

Organization Details

Founding Year

2011

Principal Officer

George Hoden

Main Address

PO BOX 652, PALMER, AK, 99645

NTEE Category

Code: N32 - Recreation

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