Sheffield Land Trust Inc
- Assets
- $3.1m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 2
- Location
- Sheffield, MA
- Founding
- 04/1994
- Data as of
- 12/2023
- EIN
- 04-3079035
Organization Overview
Sheffield Land Trust Inc is located in Sheffield, MA. The organization was established in 1994. 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 12/2023, Sheffield Land Trust Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sheffield Land 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 12/2023, Sheffield Land Trust Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 19.8% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE LAND CONSERVATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PURCHASE AND MAINTAIN LAND, CONSERVATION RESTRICTIONS AND AGRICULTURAL RESTRICTIONS FOR CONSERVATION PURPOSES. TO PRESERVE AND CONSERVE OPEN SPACE IN SHEFFIELD MASSACHUSETTS.
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 |
|---|---|---|---|
Susan Rothschild President | OfficerTrustee | 1 | $0 |
Jack Bode Treasurer | OfficerTrustee | 1 | $0 |
Andrea Scott Secretary | OfficerTrustee | 1 | $0 |
Bob Ronnow Executive Di | Officer | 21 | $44,604 |
Kathy Orlando Executive Di | Officer | 37.5 | $79,650 |
Ron Yaple Vice Preside | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $165,930 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $882,102 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,048,032 |
| Total Program Service Revenue | $0 |
| Investment income | $128 |
| 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 | $1,048,160 |
| 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. | $124,254 |
| Compensation of current officers, directors, key employees. | $11,151 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $3,192 |
| Other employee benefits | $14,215 |
| Payroll taxes | $9,616 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,774 |
| Fees for services: Accounting | $18,019 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,228 |
| Advertising and promotion | $17,164 |
| Office expenses | $11,562 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,485 |
| Travel | $5,783 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $940 |
| Interest | $4,220 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,973 |
| Insurance | $7,200 |
| All other expenses | $14,329 |
| Total functional expenses | $1,321,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $253 |
| Savings and temporary cash investments | $502,261 |
| Pledges and grants receivable | $116,839 |
| Accounts receivable, net | $2,741 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $135,317 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,429 |
| Net Land, buildings, and equipment | $2,299,871 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,907 |
| Other assets | $0 |
| Total assets | $3,068,618 |
| Accounts payable and accrued expenses | $3,219 |
| Grants payable | $0 |
| Deferred revenue | $102,000 |
| 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 | $65,000 |
| Other liabilities | $0 |
| Total liabilities | $170,219 |
| Net assets without donor restrictions | $2,334,593 |
| Net assets with donor restrictions | $563,806 |
| 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 | $3,068,618 |