Vineyard Open Land Foundation is located in Vineyard Haven, MA. The organization was established in 1970. 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 04/2023, Vineyard Open Land Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vineyard Open Land Foundation 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 04/2023, Vineyard Open Land Foundation generated $220.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 37.0% each year . All expenses for the organization totaled $476.0k during the year ending 04/2023. 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
CONSULTING ON LAND PRESERVATION AND LIMITED DEVELOPMENT MADE AVAILABLE TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSULTING ON LAND PRESERVATION AND LIMITED DEVELOPMENT MADE AVAILABLE TO THE PUBLIC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Augustus D Ben David Trustee | Trustee | 2 | $0 |
Mary Howell Trustee | Trustee | 2 | $0 |
Brian M Hurley Trustee | Trustee | 2 | $0 |
Eric L Peters Trustee | Trustee | 2 | $0 |
John D Vibberts Trustee | Trustee | 2 | $0 |
Stephen A Bernier Chairman | Officer | 2 | $0 |
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 | $194,540 |
Noncash contributions included in lines 1a–1f | $52,500 |
Total Revenue from Contributions, Gifts, Grants & Similar | $194,540 |
Total Program Service Revenue | $24,681 |
Investment income | $1,221 |
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 | $220,442 |
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 | $136,792 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $15,206 |
Fees for services: Management | $38,410 |
Fees for services: Legal | $29,479 |
Fees for services: Accounting | $3,950 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $375 |
Office expenses | $6,484 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $11,700 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $8,263 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,212 |
Insurance | $22,457 |
All other expenses | $0 |
Total functional expenses | $476,048 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $114,193 |
Savings and temporary cash investments | $0 |
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 | $2,508 |
Net Land, buildings, and equipment | $9,381,098 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $9,497,799 |
Accounts payable and accrued expenses | $7,590 |
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 | $350,000 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $357,590 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $9,140,209 |
Total liabilities and net assets/fund balances | $9,497,799 |