Wolcott Land Convervation Trust Inc
- Assets
- $57.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wolcott, CT
- Founding
- 05/1987
- Data as of
- 12/2023
- EIN
- 22-2606938
Organization Overview
Wolcott Land Convervation Trust Inc is located in Wolcott, CT. The organization was established in 1987. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wolcott Land Convervation 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, Wolcott Land Convervation Trust Inc generated $4.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $3.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE WOLCOTT LAND CONSERVATION TRUST, A VOLUNTEER, COMMUNITY-BASED NONPROFIT ORGANIZATION, ACQUIRES AND PRESERVES OPEN SPACE AND NATURAL HABITATS TO SUSTAIN THE RURAL CHARACTER OF WOLCOTT. OUR PROPERTIES PROVIDE OPPORTUNITIES FOR EDUCATION, RECREATION AND APPRECIATION OF NATURAL SPACES.
Describe the Organization's Program Activity:
Part 3
THE WOLCOTT LAND CONSERVATION TRUST BENEFITS THE RESIDENTS OF THE TOWN OF WOLCOTT BY PRESERVING OPEN SPACE AND ALLOWING FOR ITS ACCESSIBILITY TO WOLCOTT AND IT'S SURROUNDING AREA'S BENEFIT. WE HAVE ONE PUBLISHED BLUE BLAZED TRAIL AND HAVE BEEN WORKING ON CREATING SOME OTHER TRAILS FOR PUBLIC USE.
WE SUPPORT THE LOCAL HIGH SCHOOL BY GIVING A SCHOLARSHIP EACH YEAR AND WORK WITH LOCAL HIGH SCHOOL STUDENTS OFFERING VOLUNTEER OPPORTUNITIES FOR THEM TO LEARN ABOUT AND ASSIST IN THE MAINTENANCE OF OUR PROPERTIES. OUR PRESIDENT SPEAKS AT THIS EVENT TO CREATE AWARENESS FOR OUR LAND TRUST AND WHAT WE OFFER TO THE COMMUNITY AND TOWN OF WOLCOTT.
THE HITCHCOCK LAKE IMPROVEMENT ASSOCIATION CONTRIBUTES A SHARE OF LIABILITY INSURANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Martone Director | 5 | $0 | |
David Judd Director | 5 | $0 | |
Justin Coleman Director | 5 | $0 | |
Lina Marunas Secretary | 10 | $0 | |
Jeremy Chicano Director | 5 | $0 | |
Robert Browne Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,200 |
| Investment income | $226 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $100 |
| Other Revenue | $0 |
| Total Revenue | $4,526 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,545 |
| Printing, publications, postage, and shipping | $629 |
| Other expenses | $0 |
| Total expenses | $3,174 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,051 |
| Other assets | $0 |
| Total assets | $57,051 |
| Total liabilities | $0 |
| Net assets or fund balances | $57,051 |