Sudbury Valley Trustees Inc
- Assets
- $31.4m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 16
- Location
- Sudbury, MA
- Founding
- 08/1957
- Data as of
- 06/2023
- EIN
- 04-6049963
Organization Overview
Sudbury Valley Trustees Inc is located in Sudbury, MA. The organization was established in 1957. 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 06/2023, Sudbury Valley Trustees Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sudbury Valley Trustees 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 06/2023, Sudbury Valley Trustees Inc generated $3.0m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $2.6m during the year ending 06/2023. 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
LAND/RIVER PROTECTION, STEWARDSHIP, AND EDUCATION/ADVOCACY
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS A REGIONAL NONPROFIT LAND TRUST, THE ORGANIZATION COLLABORATES WITH INDIVIDUAL LANDOWNERS, LOCAL LAND TRUSTS, AND MUNICIPAL, STATE, AND FEDERAL AGENCIES TO PROTECT LAND FOR WILDLIFE HABITAT, PASSIVE RECREATION, AGRICULTURE, AND FORESTRY. IN SOME CASES, THE ORGANIZATION ACQUIRES PROPERTY TO OWN AND MANAGE AS A RESERVATION, AND IN OTHER CASES THE ORGANIZATION MONITORS CONSERVATION LAND OWNED BY OTHERS. IN EITHER SITUATION, THE ORGANIZATION ENSURES THAT NO UNAPPROVED DEVELOPMENT OR OTHER ACTIVITY TAKES PLACE ON THE LAND.
THE STEWARDSHIP PROGRAM IS RESPONSIBLE FOR THE MANAGEMENT OF THE RESERVATIONS THAT THE ORGANIZATION OWNS AND FOR THE MONITORING AND OVERSIGHT OF CONSERVATION RESTRICTIONS. THE STEWARDSHIP PROGRAM INCLUDES ECOSYSTEM AND HABITAT PROTECTION, MAINTENANCE OF VIEWS, ACCESS, AND TRAILS, PROTECTION OF THE LEGACY OF THE PROPERTIES, AND COORDINATION OF THE STEWARDSHIP VOLUNTEERS.
THE ORGANIZATION PARTNERS WITH MUNICIPAL BOARDS AND COMMITTEES, LOCAL LAND TRUSTS, AND STATE AND FEDERAL AGENCIES TO SUPPORT ONE ANOTHER'S CONSERVATION GOALS AND TO POOL RESOURCES TO ENABLE CONSERVATION. IN ADDITION, THE ORGANIZATION WORKS WITH LANDOWNERS WHO ARE INTERESTED IN MAKING LONG-TERM CONSERVATION PLANS FOR THEIR LAND AND PARTICIPATES IN NON-PARTISAN WORK TO ADVOCATE FOR POLICIES AND FUNDING THAT DIRECTLY ADVANCE THE LAND PROTECTION AND STEWARDSHIP OF NATURAL AREAS AROUND THE SUDBURY, ASSABET, AND CONCORD RIVERS, AS WELL AS IN MASSACHUSETTS IN GENERAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karin Paquin President | OfficerTrustee | 5 | $0 |
Paul Bakstran Vice President | OfficerTrustee | 5 | $0 |
Lisa Schimmel Treasurer | OfficerTrustee | 5 | $0 |
Peter Martin Clerk | OfficerTrustee | 5 | $0 |
Colin Anderson Director | Trustee | 1 | $0 |
Sherrill Cline Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $142,413 |
| Related organizations | $0 |
| Government grants | $17,635 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,303,712 |
| Noncash contributions included in lines 1a–1f | $153,627 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,463,760 |
| Total Program Service Revenue | $11,002 |
| Investment income | $479,296 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $41,516 |
| 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 | -$3,170 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,995,412 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $345,000 |
| 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. | $168,128 |
| Compensation of current officers, directors, key employees. | $16,813 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $801,151 |
| Pension plan accruals and contributions | $25,304 |
| Other employee benefits | $57,017 |
| Payroll taxes | $78,644 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $38,645 |
| Fees for services: Accounting | $64,405 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $124,374 |
| Advertising and promotion | $2,026 |
| Office expenses | $77,946 |
| Information technology | $93,152 |
| Royalties | $0 |
| Occupancy | $43,327 |
| Travel | $11,198 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,294 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $71,665 |
| Insurance | $50,084 |
| All other expenses | $0 |
| Total functional expenses | $2,609,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,301 |
| Savings and temporary cash investments | $4,549,010 |
| Pledges and grants receivable | $91,500 |
| Accounts receivable, net | $13,609 |
| 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 | $44,020 |
| Net Land, buildings, and equipment | $12,272,926 |
| Investments—publicly traded securities | $14,297,213 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $78,400 |
| Total assets | $31,448,979 |
| Accounts payable and accrued expenses | $107,592 |
| 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 | $8,688 |
| Total liabilities | $116,280 |
| Net assets without donor restrictions | $21,324,409 |
| Net assets with donor restrictions | $10,008,290 |
| 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 | $31,448,979 |
Grants Awarded
Over the last fiscal year, Sudbury Valley Trustees Inc has awarded $299,730 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
OUTPOST FARM PURPOSE: FINANCIAL ASSISTANCE FOR CONSERVATION LAND | $144,425 |
COMMONWEALTH OF MA DIVISION OF CONSERVATION AND RECREATION PURPOSE: FINANCIAL ASSISTANCE FOR CONSERVATION LAND | $106,248 |
METACOMET LAND TRUST PURPOSE: FINANCIAL ASSISTANCE FOR CONSERVATION LAND | $49,057 |