Putney Mountain Association Incorporated
- Assets
- $1.5m
- Revenue
- $28.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Putney, VT
- Founding
- 11/1996
- Data as of
- 12/2023
- EIN
- 03-0316666
Organization Overview
Putney Mountain Association Incorporated is located in Putney, VT. The organization was established in 1996. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Putney Mountain Association Incorporated 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, Putney Mountain Association Incorporated generated $28.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $33.6k during the year ending 12/2023. While expenses have increased by 12.4% 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 PRESERVE UNDEVELOPED LAND IN SOUTHEASTERN VERMONT FOR THE BENEFIT AND ENJOYMENT OF PRESENT AND FUTURE GENERATIONS AND TO PROTECT THE NATURAL HABITAT AND WILDLIFE CORRIDOR OF THE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACQUISITION - PMA ACCEPTED A 21 ACRE LAND DONATION ON 12.30.22. LEGAL EXPENSES, RECORDING FEES AND OTHER ACQUISITION COSTS WERE PAID IN 2023. THE DONATED LAND EXPANDS PMAS SOUTHERN BLOCK OF PROTECTED FOREST AND WETLANDS TO 249 CONTIGUOUS ACRES. PMA PURCHASED A TRAIL EASEMENT ACROSS A PRIVATE LANDOWNER PROPERTY AND BEGAN WORKING ON A TRAIL. THE TRAIL WILL CONNECT OUR MISSING LINK TRAIL WITH THE DUMMERSTON TOWN TRAIL AND FACILITATE A CONNECTION BETWEEN PMAS NORTHERN AND SOUTHERN TRAILS. IT WILL ENSURE PERMANENT ACCESS TO THE PUBLIC, EXCEPT DURING WINTER AS IT CROSSES A DEER WINTERING YARD.
STEWARDSHIP - STEWARDSHIP OF 926 ACRES OF FORESTLAND AND WETLANDS. MONITORING OF SEVEN VERNAL POOLS AND MAPPING ONE NEW POOL TO VERMONTS VERNAL POOL ATLAS. BREEDING BIRD SURVEYS WERE CONDUCTED AT 13 SITES WITH DOCUMENTATION OF SEVERAL VERMONT SPECIES OF GREATEST CONSERVATION NEED. A NEWLY DISCOVERED SUBPOPULATION OF A FEDERALLY LISTED ENDANGERED PLANT WAS SURVEYED AND DOCUMENTED WITH VERMONTS NATURAL HERITAGE PROGRAM. INVASIVE PLANT SPECIES WERE MONITORED AND REMOVED AS FEASIBLE. NEW FOREST MANAGEMENT PLANS FOR TWO PARCELS TOTALING 161.5 ACRES WERE WRITTEN AND APPROVED BY VERMONTS DEPARTMENT OF FORESTS, PARKS, AND RECREATION. THE MISSING LINK PARKING LOT WAS ENLARGED, GRADED, ADDED GRAVEL AND PARKING BARRIER LOGS WERE ADDED. TWO POSTS HAVE BEEN PLANTED AT ENTRANCE OF THE LOT TO HOLD A CABLE AND PARKING LOT CLOSED SIGN. THE LIBBYS WAY EXPENSES INCLUDE THE COST OF LOCUST LOGS AND ASSEMBLY PIECES FOR A BRIDGE LOCATED OVER A STREAM TO PROTECT A WET LAND AREA. STEWARDSHIP INCLUDES PAYMENT OF ALL RELATED PROPERTY TAXES AND INSURANCE.
GRAZING - A SOLAR PUMP WAS PROCURED AND INSTALLED TO PROVIDE WATER FOR THE SHEEP. UNFORTUNATELY, THIS PURCHASE LASTED ONLY ONE SEASON. A REPLACEMENT PUMP IS NEEDED FOR THE 2024 SEASON. A STORAGE SHED WAS PURCHASED TO HOLD THE GRAZING EQUIPMENT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathryn Abbott Trustee | Trustee | 5 | $0 |
Steve Connor Vice Chair | OfficerTrustee | 5 | $0 |
Karen George Secretary | OfficerTrustee | 5 | $0 |
John Barnett Trustee | Trustee | 2 | $0 |
Richard Fletcher Trustee | Trustee | 2 | $0 |
Hector Galbraith Trustee | Trustee | 2 | $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 | $23,206 |
| Noncash contributions included in lines 1a–1f | $1,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,206 |
| Total Program Service Revenue | $0 |
| Investment income | $1,270 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,104 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,970 |
| Fees for services: Accounting | $1,685 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,368 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,434 |
| Office expenses | $2,498 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $2,860 |
| All other expenses | $414 |
| Total functional expenses | $33,622 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,435 |
| Savings and temporary cash investments | $80,822 |
| 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 | $1,010,300 |
| Investments—publicly traded securities | $348,533 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $15,000 |
| Other assets | $0 |
| Total assets | $1,493,090 |
| 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 | $213,276 |
| Net assets with donor restrictions | $1,279,814 |
| 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 | $1,493,090 |