Stow Conservation Trust Inc
- Assets
- $2.2m
- Revenue
- $87.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Stow, MA
- Founding
- 12/1977
- Data as of
- 08/2023
- EIN
- 04-2625752
Organization Overview
Stow Conservation Trust Inc is located in Stow, MA. The organization was established in 1977. 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. Stow Conservation 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 08/2023, Stow Conservation Trust Inc generated $87.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $107.2k during the year ending 08/2023. 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 OPEN SPACE IN STOW, MASSACHUSETTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAND CONSERVATION AND OUTREACH - THE TRUST ACQUIRES OR FACILITATES ACQUISITION OF LAND IN STOW, MA, TO PRESERVE IT AS OPEN SPACE. TRUST MEMBERS WORK WITH LAND OWNERS, LOCAL GOVERNMENTS, AND OTHER LAND TRUSTS TO PROVIDE EXPERTISE IN PLANNING, ORGANIZING, AND PRESENTING CASES FOR FUTURE LAND ACQUISITIONS OR CONSERVATION RESTRICTIONS. THIS YEAR WE WORKED WITH THE TOWN OF STOW TO FINALIZE THE PROTECTION OF THE STOW ACRES GOLF COURSE, PRESERVING THAT LAND IN PERPETUITY FOR OPEN SPACE AND RECREATION.
STEWARDSHIP - SCT OWNS AND/OR ACTIVELY STEWARDS MULTIPLE CONSERVATION PROPERTIES IN TOWN, MONITORING FOR ENCROACHMENTS AND MAINTAINING TRAILS FOR USE BY THE GENERAL PUBLIC. THIS YEAR WE CONTRIBUTED TO THE COST OF A LONG BOARDWALK THAT STRETCHES PARTIALLY ONTO ONE OF OUR PROPERTIES. WE ALSO COMMISSIONED AN UPDATED MAP OF ANOTHER PROPERTY AND PAID FOR A BASELINE DOCUMENT TO BE RESEARCHED AND WRITTEN ON A RECENTLY ACQUIRED CONSERVATION RESTRICTION. WE ALSO EMPLOYED OUR VOLUNTEER "STEW CREW" ON NUMEROUS STEWARDSHIP EVENTS INCLUDING TRAIL MARKING/MAINTENANCE AND REMOVING INVASIVE SPECIES.
EDUCATION - SCT SEEKS TO EDUCATE THE PUBLIC ABOUT THE IMPORTANCE OF PRESERVING LAND FOR THE FUTURE VIA VARIOUS COMMUNITY EVENTS AND AWARENESS- GENERATING ACTIVITIES. THIS YEAR WE INSTALLED TWO DIFFERENT STORYWALK BOOKS IN OUR LEGGETT PROPERTY, WHICH WAS DESIGNED TO GET FAMILIES WITH YOUNG CHILDREN OUT EXPLORING THE TRAILS, FOLLOWING THE STORY ALONG THE WAY. WE ALSO SPONSORED A "BIG NIGHT" EVENT IN APRIL, DURING WHICH TOWN RESIDENTS SHOWED UP TO SAFELY ESCORT AMPHIBIANS ACROSS ROADS AS THEY MIGRATED TO BREEDING GROUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Wilber Pres., Direc | OfficerTrustee | 4 | $0 |
Susan Crane Vice Pres., | OfficerTrustee | 4 | $0 |
Jeffrey Ritterson Clerk, Sec., | OfficerTrustee | 4 | $0 |
Eve Donahue Treasurer, D | OfficerTrustee | 4 | $0 |
Bill Werner Asst. Treas. | OfficerTrustee | 4 | $0 |
Richard Perkins Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $17,464 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $58,799 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,263 |
| Total Program Service Revenue | $0 |
| Investment income | $10,969 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $87,239 |
| 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 | $0 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $80 |
| Office expenses | $4,308 |
| 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 | $155 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,430 |
| All other expenses | $110 |
| Total functional expenses | $107,243 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,223 |
| Savings and temporary cash investments | $271,940 |
| 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 | $1,948,064 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,249,227 |
| 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 | $268,337 |
| Net assets with donor restrictions | $1,980,890 |
| 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 | $2,249,227 |