Manchester Essex Conservation Tr Inv
- Assets
- $8.3m
- Revenue
- $518.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Manchester, MA
- Founding
- 11/1999
- Data as of
- 12/2022
- EIN
- 04-3469549
Organization Overview
Manchester Essex Conservation Tr Inv is located in Manchester, MA. The organization was established in 1999. 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, Manchester Essex Conservation Tr Inv employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Manchester Essex Conservation Tr Inv 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, Manchester Essex Conservation Tr Inv generated $518.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $427.4k 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
MANCHESTER ESSEX CONSERVATION TRUST PRESERVES IN PERPETUITY THE NATURAL BEAUTY, WILDLIFE HABITAT, AND OPEN SPACE RESOURCES IN OUR TWO TOWNS AND ADJACENT COMMUNITIES. WE PROTECT THIS LAND THROUGH ACQUISITIONS, CONSERVATION RESTRICTIONS, DONATIONS AND ENGAGEMENT WITH THE PUBLIC. THROUGH SHARING THIS LAND, WE ENCOURAGE AND SUPPORT EXPLORATION OF NATURE, EDUCATION, AND SCIENTIFIC STUDY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MECT CONSERVES LAND THROUGH ACQUISITIONS OF FEE INTEREST AND CONSERVATION EASEMENTS IN MANCHESTER AND ESSEX MASSACHUSETTS. IN 2022, WE BEGAN TO IMPLEMENT THE STRATEGIC PLAN VOTED AT THE END OF 2021: TO ACCELERATE ACQUISITIONS IN THE FACE OF INCREASING DEVELOPMENT PRESSURES. MECT ACQUIRED IN FEE ONE NEW PARCEL OF APPROXIMATELY SEVEN ACRES AND ONE CONSERVATION RESTRICTION IN ESSEX COVERING 24 ACRES. WE ENGAGED WITH 3 MORE SELLERS FOR FUTURE ACQUISITIONS AND IDENTIFIED A PRIORITY LIST OF PARCELS TO BE ACQUIRED OVER THE NEXT 5 YEARS. WE DEVELOPED THE PLANS FOR A 5M CAPITAL CAMPAIGN FOR LAND ACQUISITION FUNDS TO SUPPORT THIS AMBITIOUS GOAL. EDUCATION HIKES CONTINUED IN SPRING AND FALL; SOCIAL MEDIA ACTIVITY INCREASED SUBSTANTIALLY.
MECT HOSTED A VERY WELL ATTENDED IN-PERSON ANNUAL MEETING WITH KEYNOTE SPEAKER DR. BENJAMIN KILHAM ON HIS STUDIES OF BLACK BEARS' INTELLIGENCE AND INTUITION. MECT STAFF AND VOLUNTEERS CONTINUED TO COLLECT FIELD DATA ON VERNAL POOLS. ONE NEWSLETTER AND CONTINUED OUTREACH VIA SOCIAL MEDIA EXTENDED OUR REACH BEYOND THE LOCAL AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthias Plum President | OfficerTrustee | 15 | $0 |
Jonathan Calder Treasurer | OfficerTrustee | 3 | $0 |
Mory Creighton V Pres/secre | OfficerTrustee | 3 | $0 |
Lynn Atkinson Trustee | Trustee | 1 | $0 |
Thomas Barrieau Trustee | Trustee | 1 | $0 |
Frances R Caudill Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $438,661 |
| Noncash contributions included in lines 1a–1f | $10,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $438,661 |
| Total Program Service Revenue | $0 |
| Investment income | $77,826 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,572 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $518,059 |
| 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 | $163,189 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,342 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,576 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,653 |
| Travel | $0 |
| 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 | $1,027 |
| Insurance | $4,749 |
| All other expenses | $24,234 |
| Total functional expenses | $427,439 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,862 |
| Savings and temporary cash investments | $294,233 |
| 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 | $4,732 |
| Net Land, buildings, and equipment | $4,621,884 |
| Investments—publicly traded securities | $3,300,381 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,341,092 |
| Accounts payable and accrued expenses | $35,040 |
| 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 | $35,040 |
| Net assets without donor restrictions | $7,128,246 |
| Net assets with donor restrictions | $1,177,806 |
| 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 | $8,341,092 |