The Oblong Land Conservancy Inc
- Assets
- $975.4k
- Revenue
- $14.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Pawling, NY
- Founding
- 11/1991
- Data as of
- 12/2022
- EIN
- 11-1080022
Organization Overview
The Oblong Land Conservancy Inc is located in Pawling, NY. The organization was established in 1991. 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. Oblong Land Conservancy 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, Oblong Land Conservancy Inc generated $14.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.3%) each year. All expenses for the organization totaled $16.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 8 years. 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
THROUGH ENGAGEMENT WITH THE COMMUNITY, MAINTAIN THE NATURAL RESOURCES OF THE HARLEM VALLEY, TO INCLUDE WILDLIFE HABITATS, WATER QUALITY, AGRICULTURAL LANDS AND SCENIC VISTAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTED THE PRESERVATION OF LANDS IN THE ORGANIZATIONS SERVICE AREA, AS TO PROVIDE OUR COMMUNITIES WITH THE MEANS OF GOOD LAND STEWARDSHIP. PROVIDED CONSERVATION EDUCATION TO STUDENTS THROUGH THE AREAS SCHOOLS, AND TO THE GENERAL PUBLIC THROUGH OUR FREE OUTREACH PROGRAMS CONSISTING OF GUIDED EXCURSIONS ONTO LANDS OF SPECIAL NATURAL INTEREST, AND PRESENTATIONS BY PROFESSIONAL SPEAKERS ON SUBJECTS OF TIMELY CONSERVATION INTEREST. ENGAGED IN THE ACQUISITION OF CONSERVATION EASEMENTS ON LANDS OF HIGH CONSERVATION VALUE, AND STEWARDED ALL EXISTING HOLDINGS BY APPLYING SOUND MEASURES OF STEWARDSHIP AND ENFORCEMENT, IF REQUIRED. ENGAGED IN THE ACQUISITION OF NEW POTENTIAL LANDS, AND APPLIED SOUND MANAGEMENT AND STEWARDSHIP OF PRESERVE LANDS THAT WE OWN, ENCOURAGING PUBLIC USE BY MEANS OF MAINTAINED TRAILS, LOCATED WHERE APPROPRIATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Smith Treasurer | OfficerTrustee | 2 | $0 |
Louis Trombetta Chair | OfficerTrustee | 3 | $0 |
Philip Van Buren Secretary | OfficerTrustee | 3 | $0 |
Dorian Winslow Board Member | Trustee | 2 | $0 |
Lynn Martin Board Member | Trustee | 1 | $0 |
William Lustig Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,683 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,683 |
| Total Program Service Revenue | $0 |
| Investment income | $15,339 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,623 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,399 |
| 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 | $4,079 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,969 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $96 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,076 |
| 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 | $120 |
| Insurance | $3,135 |
| All other expenses | $182 |
| Total functional expenses | $16,943 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,662 |
| Savings and temporary cash investments | $4,491 |
| 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 | $586,040 |
| Investments—publicly traded securities | $227,327 |
| Investments—other securities | $0 |
| Investments—program-related | $142,382 |
| Intangible assets | $0 |
| Other assets | $13,540 |
| Total assets | $975,442 |
| 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 | $13,540 |
| Total liabilities | $13,540 |
| Net assets without donor restrictions | $612,681 |
| Net assets with donor restrictions | $349,221 |
| 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 | $975,442 |