South Hero Land Trust Inc
- Assets
- $1.7m
- Revenue
- $172.5k
- Investments
- $0.0
- Employees
- 2
- Location
- South Hero, VT
- Founding
- 01/1998
- Data as of
- 12/2021
- EIN
- 04-3391477
Organization Overview
South Hero Land Trust Inc is located in South Hero, VT. The organization was established in 1998. 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 12/2021, South Hero Land Trust Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Hero 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 12/2021, South Hero Land Trust Inc generated $172.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $169.7k during the year ending 12/2021. While expenses have increased by 7.3% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
LAND CONSERVATION AND ENVIRONMENTAL EDUCATION. THE SOUTH HERO LAND TRUST IS DEDICATED TO PROTECTING FARMLAND, WOODLAND, NATURAL AND RECREATIONAL AREAS AND OPEN SPACES IN SOUTH HERO, VERMONT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAND CONSERVATION - THE ORGANIZATION CONTINUES TO WORK ON AN ONGOING BASIS TO CREATE PARTNERSHIPS WITH LANDOWNERS INTERESTED IN CONSERVING THEIR LAND. AFTER COMPLETING WORK ON A MAJOR CONSERVATION PROJECT IN 2014, THE LAND TRUST SPENT 2015, 2016 AND 2017 WORKING WITH SEVERAL LANDOWNERS ON POTENTIAL NEW CONSERVATION PROJECTS. IN 2017, THE SOUTH HERO LAND TRUST COMPLETED THE FUNDRAISING CAMPAIGN FOR THE TRACY WOODS CONSERVATION PROJECT WHICH CLOSED IN JUNE 2018. THE SOUTH HERO LAND TRUST ALSO BUILDS AND MAINTAINS PUBLIC ACCESS TRAILS IN SOUTH HERO. THE LAND TRUST COMPLETED AND OPENED THE TRACY WOODS TRAIL IN 2019 AND WORKED TO IMPROVE PUBLIC ACCESS IN 2020 AND 2021. THE LAND TRUST CONTINUES TO REACH OUT TO THE COMMUNITY WITH OVER 400 MEMBERS.
EDUCATION AND OUTREACH - THE SOUTH HERO LAND TRUST CONDUCTS A NUMBER OF EDUCATIONAL PROGRAMS INCLUDING "THE LAND, THE FARMS AND ME" WHICH PARTNERS WITH THE LOCAL SCHOOL, FARMERS AND PARENTS TO BRING LOCAL SCHOOL CHILDREN INTO CLOSER CONTACT WITH THEIR NATURAL AND AGRICULTURAL SURROUNDINGS. THE "SOUTH HERO LAND TRUST FARM INITIATIVE" SEEKS TO IMPROVE THE VIABILITY OF LOCAL FARMS THROUGH MULTIPLE PROJECTS INCLUDING THE CREATION AND DISTRIBUTION OF THE "CHAMPLAIN ISLANDS GROWN GUIDE TO AGRICULTURE", EVENTS AT THE FARMER'S MARKET AND PROMOTING NETWORKS WITH FARMERS THROUGHOUT GRAND ISLE COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Alger Executive Director | Officer | 24 | $32,276 |
Chuck Hulse Vice President & Treasurer | OfficerTrustee | 1.5 | $0 |
Reina Warren Secretary | OfficerTrustee | 1.5 | $0 |
Lisa Pendolino President | OfficerTrustee | 2 | $0 |
Matthew Bartle Director | Trustee | 1 | $0 |
Robert Buermann Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $35,927 |
| All other contributions, gifts, grants, and similar amounts not included above | $108,895 |
| Noncash contributions included in lines 1a–1f | $5,905 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,822 |
| Total Program Service Revenue | $5,425 |
| Investment income | $13,637 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,648 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $172,532 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,000 |
| 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. | $32,438 |
| Compensation of current officers, directors, key employees. | $10,993 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,566 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,319 |
| Payroll taxes | $5,897 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,300 |
| Fees for services: Other | $29,744 |
| Advertising and promotion | $0 |
| Office expenses | $10,696 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,936 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,938 |
| Interest | $3,446 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,277 |
| Insurance | $3,760 |
| All other expenses | $0 |
| Total functional expenses | $169,745 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,055 |
| Savings and temporary cash investments | $41,818 |
| Pledges and grants receivable | $5,000 |
| 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 | $6,513 |
| Net Land, buildings, and equipment | $110,061 |
| Investments—publicly traded securities | $1,525,554 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,700,001 |
| Accounts payable and accrued expenses | $19,819 |
| 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 | $83,337 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $103,156 |
| Net assets without donor restrictions | $1,098,466 |
| Net assets with donor restrictions | $498,379 |
| 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 | $1,700,001 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that South Hero Land Trust Inc has recieved totaling $22,940.
| Awarding Organization | Amount |
|---|---|
Baltimore Community Foundation Inc Baltimore, MD PURPOSE: GENERAL SUPPORT AND VARIOUS PROJECTS | $11,440 |
Windham Foundation Grafton, VT PURPOSE: LAND CONSERVATION PROGRAMS | $10,000 |
Oakland Foundation Stowe, VT PURPOSE: SUPPORT AMERICORPS POSITION | $1,500 |
Endowment Analysis
| Beg. Balance | $1,267,835 |
| Earnings | $251,814 |
| Net Contributions | $5,905 |
| Ending Balance | $1,525,554 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trustees Of Reservations Boston, MA | $373,027,910 | $79,907,362 |
Open Space Institute Land Trust Inc New York, NY | $354,809,473 | $44,215,127 |
Vermont Land Trust Inc Montpelier, VT | $53,999,994 | $16,703,041 |
Scenic Hudson Land Trust Inc Poughkeepsie, NY | $274,968,472 | $12,546,398 |
Peconic Land Trust Incorporated Southampton, NY | $410,120,179 | $28,476,857 |
Mohonk Preserve Inc Gardiner, NY | $30,184,686 | $5,297,527 |
Agricultural Stewardship Association Greenwich, NY | $3,423,343 | $3,521,538 |
The Finger Lakes Land Trust Inc Ithaca, NY | $33,932,196 | $4,821,991 |
Essex County Green Belt Association Inc Essex, MA | $63,698,611 | $7,120,409 |
Dutchess Land Conservancy Inc Millbrook, NY | $16,962,205 | $4,488,618 |
Adirondack Council Inc Elizabethtown, NY | $8,899,831 | $2,663,124 |
Columbia Land Conservancy Inc Chatham, NY | $23,284,051 | $2,528,092 |