Loon Preservation Committee
- Assets
- $3.7m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 25
- Location
- Moultonborough, NH
- Founding
- 02/2007
- Data as of
- 03/2024
- EIN
- 02-0451944
Organization Overview
Loon Preservation Committee is located in Moultonborough, NH. The organization was established in 2007. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 03/2024, Loon Preservation Committee employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loon Preservation Committee 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 03/2024, Loon Preservation Committee generated $1.3m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.2m during the year ending 03/2024. While expenses have increased by 9.7% per year over the past 4 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
RESTORATION OF AND MAINTAINANCE OF A HEALTHY POPULATION OF LOONS AND TO MONITOR THE HEALTH AND PRODUCTIVIETY OF LOON POPULATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMPREHENSIVE CONSERVATION PROGRAM WITH ELEMENTS OF MONITORING, RESEARCH, MANAGEMENT AND EDUCATION TO RESTORE AND MAINTAIN A HEALTHY POPULATION OF LOONS THROUGHOUT NEW HAMPSHIRE TO MONITOR THE HEALTH AND PRODUCTIVITY OF LOON POPULATIONS AS SENTINELS OF ENVIRONMENTAL QUALITY AND TO PROMOTE A GREATER UNDERSTANDING OF LOONS AND THE NATURAL WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harry Vogel Senior Biologist/executive Director | Officer | 40 | $105,391 |
Kristen F Begor Trustee | Trustee | 1.92 | $0 |
Robert I Rotberg Chair | OfficerTrustee | 2.88 | $0 |
Robert Varney Treasurer | OfficerTrustee | 1.44 | $0 |
Susan Goodwin Trustee | Trustee | 1.44 | $0 |
David Govatski Trustee | Trustee | 0.77 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $141,353 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,130,330 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,271,683 |
| Total Program Service Revenue | $0 |
| Investment income | $17,127 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$7,425 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $66,230 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,347,615 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $609,842 |
| Pension plan accruals and contributions | $26,946 |
| Other employee benefits | $62,511 |
| Payroll taxes | $45,533 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,317 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,170 |
| Advertising and promotion | $15,824 |
| Office expenses | $22,768 |
| Information technology | $6,646 |
| Royalties | $0 |
| Occupancy | $19,237 |
| Travel | $9,518 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $73,294 |
| Insurance | $16,575 |
| All other expenses | $22,539 |
| Total functional expenses | $1,227,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $653 |
| Savings and temporary cash investments | $626,362 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $80,126 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $57,527 |
| Prepaid expenses and deferred charges | $918 |
| Net Land, buildings, and equipment | $2,093,791 |
| Investments—publicly traded securities | $868,316 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,514 |
| Total assets | $3,735,207 |
| Accounts payable and accrued expenses | $42,908 |
| 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 | $42,908 |
| Net assets without donor restrictions | $3,300,623 |
| Net assets with donor restrictions | $391,676 |
| 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 | $3,735,207 |