Haddam Land Trust Inc
- Assets
- $3.4m
- Revenue
- $189.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Haddam, CT
- Founding
- 01/1966
- Data as of
- 12/2022
- EIN
- 06-6079139
Organization Overview
Haddam Land Trust Inc is located in Haddam, CT. The organization was established in 1966. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, 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. Haddam 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 12/2022, Haddam Land Trust Inc generated $189.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $21.5k 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
PRESERVATION OF NATURAL RESOURCES IN THE TOWN OF HADDAM, CONNECTICUT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN 30 PRESERVES (952 ACRES) OF OPEN SPACE FOR CONSERVATION AND EDUCATION; EDUCATE VOLUNTEERS FOR MAINTENANCE AND RESTORATION; CREATE AND MAINTAIN TRAILS FOR PUBLIC HIKING AND TO PROTECT WILDLIFE HABITAT; ESTABLISH UPLAND BIRD HABITAT; REMOVE INVASIVE PLANT SPECIES.
SPONSORED AND CONDUCTED PROGRAMS OPEN TO THE PUBLIC PERTAINING TO NATURAL RESOURCES, WILDLIFE HABITAT AND LAND STEWARDSHIP; EDUCATIONAL BOOTHS AT LOCAL FAIRS TO PROMOTE CONSERVATION.
DISTRIBUTION OF EDUCATIONAL INFORMATION THROUGH MEETINGS, WEBSITE AND NEWSLETTER TO OVER 3,000 HOUSEHOLDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Sullivan Director | Trustee | 1 | $0 |
Theresa Twigg Director | Trustee | 1 | $0 |
William Cowan President | OfficerTrustee | 25 | $0 |
Peter Smith Vice Preside | OfficerTrustee | 15 | $0 |
Susan Bement Secretary | OfficerTrustee | 1 | $0 |
Gail Reynolds Treasurer | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,137 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $179,379 |
| Noncash contributions included in lines 1a–1f | $164,670 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $187,516 |
| Total Program Service Revenue | $250 |
| Investment income | $2,161 |
| 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 | $189,927 |
| 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 | $3,733 |
| Fees for services: Accounting | $2,170 |
| 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 | $1,569 |
| 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 | $6,963 |
| All other expenses | $0 |
| Total functional expenses | $21,517 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,232 |
| Savings and temporary cash investments | $1,381 |
| 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 | $17,976 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $16,237 |
| Investments—other securities | $0 |
| Investments—program-related | $3,271,767 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,375,593 |
| 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 | $3,314,797 |
| Net assets with donor restrictions | $60,796 |
| 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 | $3,375,593 |