New England Forestry Foundation Inc
- Assets
- $47.9m
- Revenue
- $4.9m
- Investments
- $2.0m
- Employees
- 32
- Location
- Littleton, MA
- Founding
- 07/1952
- Data as of
- 04/2024
- EIN
- 04-2024022
Organization Overview
New England Forestry Foundation Inc is located in Littleton, MA. The organization was established in 1952. According to its NTEE Classification (C36) the organization is classified as: Forest Conservation, under the broad grouping of Environment and related organizations. As of 04/2024, New England Forestry Foundation Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New England Forestry Foundation 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 04/2024, New England Forestry Foundation Inc generated $4.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $6.4m during the year ending 04/2024. While expenses have increased by 11.6% 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THROUGH THE APPLICATION OF OUR CORE EXPERTISE IN CONSERVING FORESTLAND AND ADVANCING EXEMPLARY FORESTRY, NEW ENGLAND FORESTRY FOUNDATION (NEFF) HELPS THE PEOPLE OF NEW ENGLAND TO SUSTAIN THEIR WAY OF LIFE, PROTECT FOREST WILDLIFE HABITAT AND ECOSYSTEM SERVICES, AND MITIGATE AND ADAPT TO CLIMATE CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S EDUCATION AND OUTREACH WORK FOSTERS THE PUBLIC POLICIES AND PRIVATE ACTIONS NEEDED TO CONSERVE AND SUSTAINABLY MANAGE NEW ENGLAND'S FORESTS. IN THE COURSE OF OUR EDUCATION WORK, NEFF CONDUCTS PUBLIC EVENTS INCLUDING WALKS, TRAINING SESSIONS, WORKSHOPS, AND TALKS; DEVELOPS AND DISTRIBUTES PRINT AND ELECTRONIC PUBLICATIONS; PUBLISHES ARTICLES IN BOTH CONSUMER AND PROFESSIONAL PUBLICATIONS; AND PARTICIPATES IN LOCAL, REGIONAL, AND NATIONAL CONFERENCES AND EVENTS. THROUGH ALL OF THESE ACTIVITIES, NEFF AIMS TO FOSTER INCREASED LANDOWNER AND PUBLIC APPRECIATION OF THE MANY BENEFITS THAT FORESTS PROVIDE THE CITIZENS OF NEW ENGLAND, AND THE ROLE OF FOREST CONSERVATION AND EXEMPLARY FORESTRY MANAGEMENT IN FOSTERING AND ENHANCING THOSE BENEFITS.
TO PROTECT FORESTS FROM FRAGMENTATION AND DEVELOPMENT, NEFF ACQUIRES LAND AND CONSERVATION EASEMENTS BY BOTH DONATION AND PURCHASE. TO DATE WE OWN MORE THAN 140 COMMUNITY FORESTS CONSERVING MORE THAN 30,000 ACRES ACROSS NEW ENGLAND. WE ALSO HOLD MORE THAN 150 CONSERVATIONEASEMENTS THAT PROTECT AND PROVIDE FOR SUSTAINABLE MANAGEMENT OF MORE THAN 1.1 MILLION ACRES OF FOREST LAND OWNED BY PRIVATE INDIVIDUALS AND FOREST PRODUCTS COMPANIES IN SEVEN STATES.
CONSERVATION DOES NOT STOP ONCE A FOREST OR EASEMENT IS ACQUIRED. NEFF CONDUCTS ANNUAL MONITORING SURVEYS WITH ALL LANDOWNERS WITH WHOM WE HOLD AN EASEMENT TO ENSURE THAT THE TERMS OF THE EASEMENT ARE MAINTAINED. WE WORK WITH LOCAL FORESTERS THROUGHOUT NEW ENGLAND TO SUSTAINABLY MANAGE OUR COMMUNITY FORESTS, DEMONSTRATING HIGH-QUALITY FOREST PRACTICES AND PROVIDING A SUSTAINABLE SUPPLY OF WOOD, ECONOMIC OPPORTUNITY, AND JOBS TO LOCAL COMMUNITIES. FORESTS CONSERVED BY NEFF SEQUESTER CARBON AND THROUGH THAT SEQUESTRATION CAN PROVIDE CARBON CREDITS FOR CO2 EQUIVALENTS WHICH CAN BE SOLD VIA A CARBON MARKET, PROVIDING ADDITIONAL REVENUES FOR CONSERVATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Perschel Executive Director | OfficerTrustee | 40 | $195,631 |
Tracy Moskovitz Vice President/director | OfficerTrustee | 0.5 | $0 |
Frederick J Weyerhaeuser President/director | OfficerTrustee | 4 | $0 |
Robert W Ackerman Treasurer/director | OfficerTrustee | 4 | $0 |
Anne Stetson Clerk/director | OfficerTrustee | 0.5 | $0 |
Philip Y Denormandie Director/immediate Past Pr | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Quantified Ventures Llc Professional Services | 4/29/24 | $121,732 |
New England Forestry Consultants Inc Easement Monitoring/consulting | 4/29/24 | $110,114 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,015,023 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,379,666 |
| Noncash contributions included in lines 1a–1f | $260,968 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,394,689 |
| Total Program Service Revenue | $986,821 |
| Investment income | $319,768 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,650 |
| Net Gain/Loss on Asset Sales | $140,923 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,851,851 |
| 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. | $379,891 |
| Compensation of current officers, directors, key employees. | $12,730 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,978,786 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $362,314 |
| Payroll taxes | $173,285 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $66,606 |
| Fees for services: Accounting | $53,606 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,031,438 |
| Advertising and promotion | $0 |
| Office expenses | $37,283 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,695 |
| Travel | $73,074 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,771 |
| Interest | $2,656 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $102,738 |
| Insurance | $70,009 |
| All other expenses | $196,148 |
| Total functional expenses | $6,444,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $928,657 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $673,943 |
| Accounts receivable, net | $77,471 |
| 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 | $66,917 |
| Net Land, buildings, and equipment | $32,641,507 |
| Investments—publicly traded securities | $11,436,102 |
| Investments—other securities | $2,008,402 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $43,594 |
| Total assets | $47,876,593 |
| Accounts payable and accrued expenses | $587,784 |
| Grants payable | $0 |
| Deferred revenue | $1,621,851 |
| 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 | $49,564 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $39,750 |
| Total liabilities | $2,298,949 |
| Net assets without donor restrictions | $36,842,268 |
| Net assets with donor restrictions | $8,735,376 |
| 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 | $47,876,593 |