Middlebury Area Land Trust
- Assets
- $1.6m
- Revenue
- $343.8k
- Investments
- $0.0
- Employees
- 11
- Location
- Middlebury, VT
- Founding
- 10/1988
- Data as of
- 09/2023
- EIN
- 22-2835049
Organization Overview
Middlebury Area Land Trust is located in Middlebury, VT. 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. As of 09/2023, Middlebury Area Land Trust employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Middlebury Area Land Trust 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 09/2023, Middlebury Area Land Trust generated $343.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $310.5k during the year ending 09/2023. While expenses have increased by 15.2% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING CONSERVATION, RECREATION, AND EDUCATION TO THE MIDDLEBURY AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION OF LAND IN ADDISON COUNTY, AND MONITORING OF VARIOUS TRUST LANDS -
STEWARDSHIP OF LAND AND NATURAL AREAS, SOME OF WHICH MALT OWNS AND SOME CONTROLS DEVELOPMENT RIGHTS
PROVIDED COMMUNITY EDUCATIONAL EVENTS AND PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellie DE Villiers Board | Trustee | 1 | $0 |
Dana Olson Board | Trustee | 1 | $0 |
Chris Anderson Treasurer | Officer | 1 | $0 |
Holly Fulton Board | Trustee | 1 | $0 |
Lesley Deppman Board | Trustee | 1 | $0 |
James Cryan Board | Trustee | 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 | $222,434 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $222,434 |
| Total Program Service Revenue | $111,983 |
| Investment income | $7,691 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,655 |
| 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 | $343,763 |
| 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 | $156,585 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,525 |
| Payroll taxes | $12,037 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,161 |
| Office expenses | $2,464 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,800 |
| Travel | $1,216 |
| 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 | $3,480 |
| Insurance | $5,434 |
| All other expenses | $75,265 |
| Total functional expenses | $310,470 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,409 |
| Savings and temporary cash investments | $100,410 |
| 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 | $769,330 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $646,747 |
| Total assets | $1,560,896 |
| Accounts payable and accrued expenses | $1,409 |
| 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 | $2,153 |
| Total liabilities | $3,562 |
| Net assets without donor restrictions | $869,047 |
| Net assets with donor restrictions | $688,287 |
| 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 | $1,560,896 |