The Greenwich Land Trust Inc
- Assets
- $114.5m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 6
- Location
- Greenwich, CT
- Founding
- 01/1977
- Data as of
- 12/2023
- EIN
- 06-0950851
Organization Overview
The Greenwich Land Trust Inc is located in Greenwich, CT. The organization was established in 1977. 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, Greenwich Land Trust Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenwich 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, Greenwich Land Trust Inc generated $4.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $864.4k during the year ending 12/2023. While expenses have increased by 4.1% 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
CONSERVING THE LAND. CONNECTING THE COMMUNITY. GREENWICH LAND TRUST CONSERVES OPEN SPACE, CONNECTS OUR COMMUNITY WITH THE NATURAL WORLD, AND INSPIRES THE NEXT GENERATION OF CONSERVATIONISTS. THE LAND TRUST PERMANENTLY PROTECTS AND CARES FOR MORE THAN 857 ACRES OF WOODLANDS, MARSHLANDS, ORCHARDS, AND MEADOWS THROUGHOUT GREENWICH, PRESERVING THE ECOLOGICAL INTEGRITY, HISTORIC CHARACTER, AND SCENIC BEAUTY OF OUR COMMUNITY. IN 2012, GREENWICH LAND TRUST WAS AWARDED NATIONAL ACCREDITATION STATUS BY THE LAND TRUST ALLIANCE ACCREDITATION COMMISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLISHED A NEWSLETTER AND OTHER INFORMATIVE MATERIALS TO INFORM THE PUBLIC OF GREENWICH LAND TRUST ACTIVITIES AND THE BENEFITS OF LAND CONSERVATION
PROTECTED THE DIVERSITY OF PLANT AND ANIMAL LIFE ON CONSERVATION LAND THROUGH LAND MANAGEMENT INCLUDING REMOVAL OF INVASIVE PLANTS, RESTORATION OF STORM-DAMAGED AREAS, AND RE-INTRODUCTION OF NATIVE PLANTS AND TREES.
PROMOTED INTEREST IN LAND CONSERVATION THROUGH PUBLIC ACTIVITIES AND EDUCATIONAL EVENTS FOR ALL AGES ON PROTECTED MEADOWS, ISLAND AND WOODLANDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew F Bostock Director | Trustee | 0.25 | $0 |
Sam Bridge III Director | Trustee | 0.25 | $0 |
Dean S Allen Director | Trustee | 0.25 | $0 |
Margaret Conboy Director | Trustee | 0.25 | $0 |
S Wear Culvahouse MD Vice President | OfficerTrustee | 1.5 | $0 |
Emily Curry Brown Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $322,746 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,478,520 |
| Noncash contributions included in lines 1a–1f | $2,786,819 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,801,266 |
| Total Program Service Revenue | $21,024 |
| Investment income | $90,523 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $117,741 |
| Net Income from Fundraising Events | -$42,298 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,988,256 |
| 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. | $141,527 |
| Compensation of current officers, directors, key employees. | $14,153 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $301,195 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,281 |
| Payroll taxes | $35,480 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,560 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,336 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,852 |
| Information technology | $3,717 |
| 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 | $32,873 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,579 |
| Insurance | $34,001 |
| All other expenses | $66,839 |
| Total functional expenses | $864,443 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,854 |
| Savings and temporary cash investments | $242,853 |
| 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 | $47,209 |
| Net Land, buildings, and equipment | $1,873,127 |
| Investments—publicly traded securities | $3,730,138 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $108,609,124 |
| Total assets | $114,520,305 |
| Accounts payable and accrued expenses | $51,952 |
| Grants payable | $0 |
| Deferred revenue | $12,000 |
| 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 | $703,991 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $767,943 |
| Net assets without donor restrictions | $6,626,349 |
| Net assets with donor restrictions | $107,126,013 |
| 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 | $114,520,305 |