Hanover Conservancy
- Assets
- $3.1m
- Revenue
- $421.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Hanover, NH
- Founding
- 01/1966
- Data as of
- 06/2023
- EIN
- 02-6011149
Organization Overview
Hanover Conservancy is located in Hanover, NH. The organization was established in 1966. 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 06/2023, Hanover Conservancy employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hanover Conservancy 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 06/2023, Hanover Conservancy generated $421.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.6% each year . All expenses for the organization totaled $214.1k during the year ending 06/2023. While expenses have increased by 4.4% per year over the past 8 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
TO PROMOTE THE CONSERVATION OF LAND AND WATER AND APPRECIATION OF NATURAL RESOURCES IN HANOVER, NH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND OUTREACH-THE HANOVER CONSERVANCY REACHES OUT TO THE COMMUNITY TO ENGAGE IT IN LAND CONSERVATION AND STEWARDSHIP. THIS YEAR THE CONSERVANCY CONTINUED TO RECRUIT AND TRAIN NEW VOLUNTEERS AND PROVIDE INFORMATION ON IMPORTANT CONSERVATION ISSUES THROUGH ITS COMPREHENSIVE WEBSITE,ELECTRONIC NEWSLETTERS AND COMMUNITY ACTIVITIES. A REGULAR CALENDAR OF FREE EVENTS ATTRACTS COMMUNITY MEMBERS TO ORGANIZED HIKING AND OTHER NATURE ORIENTED PROGRAMS. WE ALSO EXPANDED OUR OFFERINGS OF ELECTRONICALLY ACCESSIBLE, SELF-GUIDED EXPERIENCES.
LAND CONSERVATION-COMPLETED WORK WITH THE TOWN OF HANOVER ON ACQUIRING A PERMANENT CONSERVATION EASEMENT ON THE KING BIRD SANCTUARY AND VALUABLE FORESTED WETLANDS ACCESSIBLE BY TRAILS FROM THE HANOVER TOWN LIBRARY IN ETNA VILLAGE. WE ARE ALSO WORKING WITH THE USDA NATURAL RESOURCES CONSERVATION SERVICE AND AN INTERESTED LANDOWNER ON PROTECTING A PIECE OF VALUABLE AGRICULTURAL LAND.
LAND STEWARDSHIP-THE CONSERVANCY HAS SIX MAJOR LAND HOLDINGS, INCLUDING THE 112 ACRE MINK BROOK NATURE PRESERVE, THE 113 ACRE GREENSBORO RIDGE NATURAL AREA, 22 ACRES AT THE BALCH HILL NATURAL AREA, THE 38 ACRE LOWER SLADE BROOK NATURAL AREA, THE 92-ACRE MAYOR-NILES FOREST, AND THE 79 -ACRE BRITTON FOREST. ALL SIX PROPERTIES ARE MANAGED TO PROTECT THE NATURAL FEATURES AND FUNCTIONS OF THE LAND AND ALLOW PUBLIC RECREATIONAL ACCESS. THE CONSERVANCY ALSO HOLDS AND MONITORS CONSERVATION EASEMENTS ON AN ADDITIONAL 565.9 ACRES. THIS YEAR WE TRANSITIONED OUR LAND RECORDS TO A SECURE ON-LINE DATABASE TO IMPROVE RECORD KEEPING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha Beattie Director | Trustee | 2.5 | $0 |
Mary Brown Vice Preside | OfficerTrustee | 1 | $0 |
Aricca Van Citters Director | Trustee | 0.75 | $0 |
Xavier Gonin Director | Trustee | 1 | $0 |
Marc Hiller Director | Trustee | 3 | $0 |
Richard Howarth Director | Trustee | 4 | $0 |
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 | $410,527 |
| Noncash contributions included in lines 1a–1f | $41,738 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $410,527 |
| Total Program Service Revenue | $0 |
| Investment income | $53,872 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$42,608 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $421,791 |
| 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 | $125,330 |
| Pension plan accruals and contributions | $3,951 |
| Other employee benefits | $0 |
| Payroll taxes | $9,608 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,099 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,951 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,639 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,155 |
| Travel | $1,913 |
| 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 | $290 |
| Insurance | $5,736 |
| All other expenses | $14,835 |
| Total functional expenses | $214,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300,318 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $886,541 |
| Investments—publicly traded securities | $1,917,241 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $43,335 |
| Total assets | $3,147,435 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $2,120,439 |
| Net assets with donor restrictions | $1,026,996 |
| 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 | $3,147,435 |