Groton Open Space Association Inc
- Assets
- $6.8m
- Revenue
- $257.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Groton, CT
- Founding
- 08/1997
- Data as of
- 12/2023
- EIN
- 06-1469419
Organization Overview
Groton Open Space Association Inc is located in Groton, CT. The organization was established in 1997. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Groton Open Space Association 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, Groton Open Space Association Inc generated $257.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (17.9%) each year. All expenses for the organization totaled $29.2k during the year ending 12/2023. 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
GOSA'S PURPOSE IS TO: PROTECT AND PRESERVE OPEN SPACE AND WATER RESOURCES IN SOUTHEASTERN CT, PROVIDE PUBLIC ACCESS FOR PASSIVE RECREATION, AND TO EDUCATE THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOREST MANAGEMENT ACTIVITIES: GOSA MADE A SIGNIFICANT INVESTMENT IN FOREST MANAGEMENT PLANS FOR SEVERAL OF OUR PROPERTIES IN 2023 BY HIRING CONNWOOD FORESTERS , INC. GOSA WILL USE THESE PLANS FOR GUIDANCE AND DIRECTION ON IMPROVING FOREST HEALTH, COMBATING INVASIVE SPECIES, AND ADAPTING TO THE EFFECTS OF CLIMATE CHANGE. THESE FOREST MANAGEMENT PLANS WILL SERVE AS A ROADMAP FOR RESPONSIBLE AND LONG-TERM STEWARDSHIP PLANS, PUBLIC ACCESS, AND CONSERVATION OF OUR NATURAL RESOURCES.
GENERAL STEWARDSHIP ACTIVITIES: FUNDS WERE SPENT PURCHASING BATTERY POWERED HEDGE TRIMMERS AND MOWERS. THE EQUIPMENT IS LIGHTER, QUIETER AND BETTER FOR OUR VOLUNTEERS AND THE ENVIRONMENT. OUR INVASIVE PLANT MANAGEMENT TEAM PURCHASED NATIVE GRASS SEED TO HELP RESTORE AREAS INFESTED WITH MUGWORT AND JAPANESE KNOTWEED.
EDUCATION & PUBLIC OUTREACH RELATED ACTIVITIES: GOALS ARE TO COMMUNICATE WITH LOCAL FAMILIES ABOUT THE OPPORTUNITIES TO EXPERIENCE NATURE ON OUR PROPERTIES AND TO MAKE THEM FAMILY FRIENDLY. GOSA ALSO PARTNERED WITH THE LAST GREEN VALLEY TO DOCUMENT AND CREATE A 0.6 MILE TRAIL AS ADA COMPLIANT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Smith Vice President | OfficerTrustee | 20 | $0 |
Danny O'connell President | OfficerTrustee | 35 | $0 |
Michael Maurice Treasurer | OfficerTrustee | 20 | $0 |
Sidney Van Zandt Vice President | OfficerTrustee | 20 | $0 |
Betsy Chittenden Director | Trustee | 20 | $0 |
Robin Thomas Secretary | OfficerTrustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $100,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $149,847 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $249,847 |
| Total Program Service Revenue | $0 |
| Investment income | $3,294 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $257,111 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,936 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $2,811 |
| Royalties | $0 |
| Occupancy | $190 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $730 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,496 |
| Insurance | $4,342 |
| All other expenses | $147 |
| Total functional expenses | $29,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $190,713 |
| Savings and temporary cash investments | $185,764 |
| 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 | $0 |
| Net Land, buildings, and equipment | $6,423,760 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $48 |
| Total assets | $6,800,285 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $6,710,885 |
| Net assets with donor restrictions | $89,400 |
| 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 | $6,800,285 |