Vinalhaven Land Trust Inc

Organization Overview

Vinalhaven Land Trust Inc is located in Vinalhaven, ME. The organization was established in 1986. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. As of 12/2021, Vinalhaven Land Trust Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vinalhaven Land Trust Inc 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 12/2021, Vinalhaven Land Trust Inc generated $439.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $313.0k during the year ending 12/2021. While expenses have increased by 6.0% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

VINALHAVEN LAND TRUST CONSERVES AND STEWARDS OUR ISLAND'S IMPORTANT NATURAL, RECREATIONAL, AND AGRICULTURAL RESOURCES, INCLUDING SCENIC AND OTHER TRADITIONALLY VALUED PLACES, FOR THE BENEFIT AND ENJOYMENT OF THE ENTIRE VINALHAVEN COMMUNITY. THROUGH EDUCATION AND ENGAGEMENT, VLT SEEKS TO ADVANCE UNDERSTANDING AND APPRECIATION OF THE NATURAL WORLD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

VINALHAVEN LAND TRUST CONTINUES TO PROVIDE STEWARDSHIP TO PROPERTIES THAT IT HAS UNDER EASEMENT OR OWNS OUTRIGHT AS ITS PRIMARY PURPOSE.


THE LAND TRUST PROVIDED PROGRAMS TO THE COMMUNITY THROUGH ENVIRONMENTAL EDUCATION PROGRAMS AT THE SCHOOL AND A YEAR-ROUND WALKS AND TALKS PROGRAM, OPEN TO ALL AT NO CHARGE.


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Board, Officers & Key Employees

Name (title)Compensation
Linnell Mather
Executive Di
$80,390
Emily Cohn
Secretary
$0
Levin Campbell Jr
President
$0
Elizabeth Swain
Vice Preside
$0
Mark Tolette
Treasurer
$0
Carol Baker
Former Trust
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$20,680
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$340,401
Noncash contributions included in lines 1a–1f $1,826
Total Revenue from Contributions, Gifts, Grants & Similar$361,081
Total Program Service Revenue$0
Investment income $35,486
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $38,470
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $4,453
Miscellaneous Revenue$0
Total Revenue $439,490

Grants Recieved

Over the last fiscal year, we have identified 18 grants that Vinalhaven Land Trust Inc has recieved totaling $77,534.

Awarding OrganizationAmount
Creighton Narada Foundation

Boston, MA

PURPOSE: CONSERVATION

$30,000
Maine Community Foundation Inc

Ellsworth, ME

PURPOSE: Land Resources Conservation

$17,500
Community Foundation Of New Jersey

Morristown, NJ

PURPOSE: GENERAL SUPPORT

$10,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ENVIRONMENTAL AND ANIMALS

$5,750
J M Kaplan Fund Inc

New York, NY

PURPOSE: GENERAL OPERATING SUPPORT

$3,000
Middlecott Foundation

Boston, MA

PURPOSE: WLS/BYRD

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,019,697
Earnings$48,338
Net Contributions$50,172
Ending Balance$1,118,207

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