Sustainable Chesapeake
- Assets
- $543.6k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 2
- Location
- Richmond, VA
- Founding
- 06/2014
- Data as of
- 12/2023
- EIN
- 45-5448314
Organization Overview
Sustainable Chesapeake is located in Richmond, VA. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Sustainable Chesapeake employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sustainable Chesapeake is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Sustainable Chesapeake generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 19.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CULTIVATING PROSPERITY FOR FARMS, BUSINESS AND COMMUNITIES THROUGH INNOVATIVE ENVIRONMENTAL SOLUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUSTAINABLE CHESAPEAKE IS COMMITTED TO WORKING COLLABORATIVELY TO IDENTIFY CONSERVATION SOLUTIONS THAT WORK FOR FARMERS AND THE CHESAPEAKE BAY. IN PARTNERSHIP WITH FARMERS, WE ARE WORKING TO FIND SOLUTIONS FOR SOME OF THE MOST CHALLENGING NON-POINT SOURCE POLLUTION PROBLEMS IN OUR REGION, LIKE REDUCING NUTRIENT LOSS FROM MANURE AND COMMERCIAL FERTILIZERS THROUGH PRACTICES THAT IMPROVE SOIL HEALTH, PRODUCTIVITY, AND RESILIENCE TO EXTREME WEATHER.
SUSTAINABLE CHESAPEAKE IS COMMITTED TO WORKING COLLABORATIVELY TO IDENTIFY CONSERVATION SOLUTIONS THAT WORK FOR FARMERS AND THE CHESAPEAKE BAY. IN PARTNERSHIP WITH FARMERS, WE ARE WORKING TO FIND SOLUTIONS FOR SOME OF THE MOST CHALLENGING NON-POINT SOURCE POLLUTION PROBLEMS IN OUR REGION, LIKE REDUCING NUTRIENT LOSS FROM MANURE AND COMMERCIAL FERTILIZERS THROUGH PRACTICES THAT IMPROVE SOIL HEALTH, PRODUCTIVITY, AND RESILIENCE TO EXTREME WEATHER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Hughes Evans Executive Di | OfficerTrustee | 40 | $108,120 |
Robert Monley Chairperson | OfficerTrustee | 1 | $0 |
Kristen Saacke-Blunk Secretary | OfficerTrustee | 1 | $0 |
Mike Gerel Treasurer | OfficerTrustee | 1 | $0 |
Dale Gardner Director | Trustee | 1 | $0 |
William Fink Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Virginia Tech Farm Conservation | 12/30/19 | $246,026 |
Catoctin Frederick Soil Conservatio Porject Administration | 12/30/19 | $136,677 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,332,021 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,332,021 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,332,021 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $108,120 |
| Compensation of current officers, directors, key employees. | $16,218 |
| Compensation to disqualified persons | $60,000 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $16,812 |
| Other employee benefits | $0 |
| Payroll taxes | $12,861 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,379 |
| Fees for services: Accounting | $18,407 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,111 |
| Information technology | $2,085 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,031 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,361 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,085 |
| All other expenses | $0 |
| Total functional expenses | $1,281,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $252,346 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $289,048 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,207 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $543,601 |
| Accounts payable and accrued expenses | $271,826 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $271,826 |
| Net assets without donor restrictions | $206,085 |
| Net assets with donor restrictions | $65,690 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $543,601 |