Williamstown Rural Land Foundation is located in Williamstown, MA. The organization was established in 1987. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. As of 12/2022, Williamstown Rural Land Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Williamstown Rural Land Foundation 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 12/2022, Williamstown Rural Land Foundation generated $572.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $392.6k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE THE RURAL NEW ENGLAND CHARACTER OF WILLIAMSTOWN, MA AND SURROUNDING AREAS FOR FUTURE GENERATIONS; ENABLE WORKING LANDSCAPES INCLUDING FARMS AND FORESTS; PROMOTE LAND STEWARDSHIP
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAND CONSERVATION PROJECTS AND ASSOCIATED EDUCATIONAL PROGRAMS TO FURTHER THE ORGANIZATION'S MISSION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cathy Talarico Asst Directo | Trustee | 40 | $50,750 |
Robin Sears Exec Directo | Trustee | 40 | $49,000 |
Barbara Carr Vice Preside | OfficerTrustee | 1 | $0 |
Averill Cook Director | Trustee | 1 | $0 |
Jenna Dickinson Director | Trustee | 1 | $0 |
Rhon Ernest-Jones Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $172,813 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $327,912 |
All other contributions, gifts, grants, and similar amounts not included above | $1,046 |
Noncash contributions included in lines 1a–1f | $190,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $501,771 |
Total Program Service Revenue | $0 |
Investment income | $26,775 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $10,307 |
Net Income from Fundraising Events | $18,448 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $572,183 |
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 | $152,731 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $11,060 |
Payroll taxes | $11,802 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,799 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $6,827 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $5,623 |
Travel | $1,898 |
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 | $14,663 |
Insurance | $0 |
All other expenses | $41,606 |
Total functional expenses | $392,592 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $140,935 |
Savings and temporary cash investments | $133,670 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $12,845 |
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 | $3,676,784 |
Investments—publicly traded securities | $1,290,950 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $10,450 |
Total assets | $5,265,634 |
Accounts payable and accrued expenses | $139,204 |
Grants payable | $0 |
Deferred revenue | $590 |
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 | $139,794 |
Net assets without donor restrictions | $3,603,016 |
Net assets with donor restrictions | $1,522,824 |
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 | $5,265,634 |