Hilltown Land Trust Inc
- Assets
- $2.5m
- Revenue
- $433.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Ashfield, MA
- Founding
- 01/1988
- Data as of
- 03/2022
- EIN
- 22-2831145
Organization Overview
Hilltown Land Trust Inc is located in Ashfield, MA. The organization was established in 1988. 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. Hilltown 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 03/2022, Hilltown Land Trust Inc generated $433.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.6% each year . All expenses for the organization totaled $191.2k during the year ending 03/2022. While expenses have increased by 14.9% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PROTECTION AND STEWARDSHIP OF ECOLOGICALLY SIGNIFICANT LAND IN THE HILLTOWNS OF WESTERN MA.
Describe the Organization's Program Activity:
PROMOTED THE PERMANENT PROTECTION OF WILDLIFE HABITAT, WATERSHED LANDS AND SCENIC WORKING LANDSCAPES BY HOLDING AND MONITORING INTERESTS IN SUCH LANDS AND PROVIDING EDUCATIONAL SERVICES RELATED TO LAND CONSERVATION AND MANAGEMENT.
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 |
|---|---|---|---|
Tad Weiss Treasurer | OfficerTrustee | 1 | $0 |
Suzanne Kulik Secretary | OfficerTrustee | 1 | $0 |
Susan Mcallister Vice President | OfficerTrustee | 3 | $0 |
Russell Peotter President | OfficerTrustee | 5 | $0 |
Sara Loomis Executive Director | Officer | 30 | $0 |
Patricia Morey Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,144 |
| All other contributions, gifts, grants, and similar amounts not included above | $351,085 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $371,229 |
| Total Program Service Revenue | $0 |
| Investment income | $2,747 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $53,556 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $433,641 |
| 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. | $53,193 |
| Compensation of current officers, directors, key employees. | $7,979 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,411 |
| Pension plan accruals and contributions | $5,704 |
| Other employee benefits | $6,072 |
| Payroll taxes | $10,603 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,195 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,131 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,587 |
| Office expenses | $0 |
| Information technology | $1,738 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,403 |
| 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 | $3,248 |
| All other expenses | $0 |
| Total functional expenses | $191,234 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $644,205 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,565 |
| 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 | $1,096,483 |
| Investments—publicly traded securities | $756,202 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,515,455 |
| Accounts payable and accrued expenses | $6,552 |
| 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 | $307,863 |
| Total liabilities | $314,415 |
| Net assets without donor restrictions | $1,327,887 |
| Net assets with donor restrictions | $873,153 |
| 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 | $2,515,455 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Hilltown Land Trust Inc has recieved totaling $18,282.
| Awarding Organization | Amount |
|---|---|
Milton Hart Foundation Inc Boca Raton, FL PURPOSE: GENERAL USE | $10,000 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $5,027 |
Living Springs Foundation Minneapolis, MN PURPOSE: GENERAL OPERATING | $2,000 |
Dobbins Foundation Worthington, MA PURPOSE: PROGRAM | $1,000 |
Rosencrans Family Foundation Inc Greenwich, CT PURPOSE: GENERAL SUPPORT | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $714,158 |
| Earnings | $73,266 |
| Admin Expense | $4,130 |
| Other Expense | $26,077 |
| Ending Balance | $757,217 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trustees Of Reservations Boston, MA | $373,027,910 | $79,907,362 |
Open Space Institute Land Trust Inc New York, NY | $354,809,473 | $44,215,127 |
Aquidneck Land Trust Middletown, RI | $25,504,310 | $25,123,306 |
Vermont Land Trust Inc Montpelier, VT | $53,999,994 | $16,703,041 |
Scenic Hudson Land Trust Inc Poughkeepsie, NY | $274,968,472 | $12,546,398 |
Peconic Land Trust Incorporated Southampton, NY | $410,120,179 | $28,476,857 |
Mohonk Preserve Inc Gardiner, NY | $30,184,686 | $5,297,527 |
Agricultural Stewardship Association Greenwich, NY | $3,423,343 | $3,521,538 |
The Finger Lakes Land Trust Inc Ithaca, NY | $33,932,196 | $4,821,991 |
Essex County Green Belt Association Inc Essex, MA | $63,698,611 | $7,120,409 |
Dutchess Land Conservancy Inc Millbrook, NY | $16,962,205 | $4,488,618 |
Adirondack Council Inc Elizabethtown, NY | $8,899,831 | $2,663,124 |