Rural Land Foundation Of Lincoln
- Assets
- $8.2m
- Revenue
- $565.9k
- Investments
- $0.0
- Employees
- 6
- Location
- Lincoln, MA
- Founding
- 02/1966
- Data as of
- 12/2020
- EIN
- 04-6132391
Organization Overview
Rural Land Foundation Of Lincoln is located in Lincoln, MA. The organization was established in 1966. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2021, Rural Land Foundation Of Lincoln employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rural Land Foundation Of Lincoln 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 12/2020, Rural Land Foundation Of Lincoln generated $565.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 35.9% each year . All expenses for the organization totaled $138.7k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE PRESERVATION OF THE NATURAL BEAUTIES AND RURAL CHARACTER OF THE TOWN OF LINCOLN, MA THROUGH LAND CONSERVATION AND THE PROTECTION OF OPEN SPACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, RLF CONTINUED EXPLORING LAND CONSERVATION INITIATIVES IN THE TOWN OF LINCOLN, INCLUDING MONITORING LAND OF CONSERVATION INTEREST, DEVELOPING AND MAINTAINING RELATIONSHIPS WITH LAND OWNERS, DEVELOPING LAND PLANNING SOLUTIONS FOR OPEN SPACE PROTECTION AND THE LOCATION OF PUBLIC TRAILS, AND SUPPORTING INITIATIVES TO EDUCATE THE TOWN OF LINCOLN ABOUT LAND CONSERVATION. SPECIFIC RLF ACCOMPLISHMENTS IN 2021 INCLUDE:TWIN POND LANE PROJECT: RLF ACQUIRED TWO PARCELS WITH A COMBINED 7.8 ACRES ON TWIN POND LANE. THE CONSERVATION OF THE TWO PARCELS PROTECTED VITAL FORESTED LAND, POND FRONTAGE, AND WETLAND HABITAT. THE PROJECT ALSO STRENGTHENED THE EXISTING WILDLIFE CORRIDOR AND PROTECTED A SCENIC BUFFER BETWEEN TWIN POND LANE, TOWER ROAD, AND EXISTING CONSERVATION TRAILS. PRESERVATION OF THESE PARCELS ENHANCES WATERSHED PROTECTION FOR THE CAMBRIDGE RESERVOIR. AN AT-RISK TRAIL IS NOW PERMANENTLY PROTECTED. AS THIS WAS A COLLABORATIVE CONSERVATION PROJECT, THE CITY OF CAMBRIDGE WILL EVENTUALLY HOLD THE LAND IN FEE. THE TOWN OF LINCOLN WILL HOLD A CONSERVATION RESTRICTION OVER THE ENTIRETY OF THE TWO PARCELS. LINCOLN LAND CONSERVATION TRUST WILL HOLD THE TRAIL EASEMENT WHICH CONNECTS THE FERNALD WOODS AND UMBRELLO CONSERVATION AREAS WEST OF TOWER ROAD WITH THE STONY BROOK SOUTH AND BEAVER POND CONSERVATION AREAS EAST OF TOWER ROAD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geoff Mcgean Executive Director | Officer | 24 | $123,604 |
Andrew Gnazzo Vice-Treasurer | OfficerTrustee | 1 | $0 |
Ellen Meadors Treasurer | OfficerTrustee | 5 | $0 |
Nancy Soulette Secretary | OfficerTrustee | 1 | $0 |
Susan Allen Vice-Chair | OfficerTrustee | 1 | $0 |
Michelle Barnes Chair | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,910 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,504 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,414 |
| Total Program Service Revenue | $0 |
| Investment income | $23,037 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $122,519 |
| Net Gain/Loss on Asset Sales | $395,921 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $565,891 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $58,067 |
| 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. | $54,598 |
| Compensation of current officers, directors, key employees. | $2,730 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,471 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,062 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,947 |
| Advertising and promotion | $0 |
| Office expenses | $941 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $1,577 |
| All other expenses | $0 |
| Total functional expenses | $138,663 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,795 |
| Savings and temporary cash investments | $385,379 |
| Pledges and grants receivable | $15,375 |
| Accounts receivable, net | $52,864 |
| 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 | $7,369 |
| Net Land, buildings, and equipment | $5,638,653 |
| Investments—publicly traded securities | $1,967,065 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,203,500 |
| Accounts payable and accrued expenses | $42,279 |
| Grants payable | $0 |
| Deferred revenue | $15,804 |
| 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 | $5,718,304 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $25,942 |
| Total liabilities | $5,802,329 |
| Net assets without donor restrictions | $2,370,421 |
| Net assets with donor restrictions | $30,750 |
| 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 | $8,203,500 |
Grants Awarded
Over the last fiscal year, Rural Land Foundation Of Lincoln has awarded $437,443 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Lincoln, MA PURPOSE: LAND CONSERVATION | $350,000 |
Lincoln, MA PURPOSE: LAND CONSERVATION | $87,443 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rural Land Foundation Of Lincoln has recieved totaling $25,196.
| Awarding Organization | Amount |
|---|---|
Ogden Codman Trust Uw Dorothy Sfm Codman Boston, MA PURPOSE: FOR PROTECTING THE HEART OF THOREAU'S WALDEN WOODS PROJECT | $15,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,196 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Audubon Society Inc Lincoln, MA | $290,978,469 | $38,308,793 |
Environmental Defense Action Fund New York, NY | $6,474,489 | $29,024,607 |
Council On The Environment Inc New York, NY | $42,012,048 | $22,554,174 |
Sustainable Markets Foundation New York, NY | $17,976,931 | $19,381,628 |
Only One Inc New York, NY | $3,262,058 | $9,834,103 |
Cec Stuyvesant Cove Inc Long Island City, NY | $4,789,679 | $6,047,317 |
Wildlife Management Institute Inc Cabot, VT | $3,841,271 | $5,821,824 |
The Connecticut Audubon Society Incorporated Fairfield, CT | $62,592,543 | $6,801,215 |
Mothers Out Front Inc Cambridge, MA | $3,902,382 | $3,274,134 |
Nantucket Conservation Foundation Inc Nantucket, MA | $151,824,686 | $12,776,139 |
Audubon Society Of Rhode Island Smithfield, RI | $39,462,013 | $5,117,165 |
American Society For The Protection Of Nature Israel Inc New York, NY | $437,688 | $3,144,160 |