Candlewood Valley Regional Land Trust Inc
- Assets
- $3.1m
- Revenue
- $33.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Danbury, CT
- Founding
- 01/1972
- Data as of
- 12/2022
- EIN
- 23-7134512
Organization Overview
Candlewood Valley Regional Land Trust Inc is located in Danbury, CT. The organization was established in 1972. 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. Candlewood Valley Regional 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 12/2022, Candlewood Valley Regional Land Trust Inc generated $33.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $21.8k during the year ending 12/2022. 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
THE CANDLEWOOD VALLEY REGIONAL LAND TRUST PROTECTS OPEN SPACES THAT CONTRIBUTE TO THE CANDLEWOOD VALLEY ICONIC RURAL NEW ENGLAND CHARACTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CANDLEWOOD VALLEY REGIONAL LAND TRUST PROTECTS OPEN SPACES THAT CONTRIBUTE TO THE CANDLEWOOD VALLEY ICONIC RURAL NEW ENGLAND CHARACTER. WE'RE ALL ABOUT THE LAND. AT CANDLEWOOD VALLEY REGIONAL LAND TRUST, WE SEEK TO PROTECT PROPERTIES WHICH ARE FRAGILE OR AT RISK FOR BECOMING OVERDEVELOPED. WE STEWARD PROPERTIES TO PROTECT THEIR NATURAL RESOURCES IN PERPETUITY, AND WE PROVIDE EDUCATION SO EVERYONE CAN LEARN HOW TO PROTECT AND STEWARD OUR LANDS TOGETHER. WE OFFER OPPORTUNITIES TO CONNECT WITH NATURE AND EACH OTHER. OUR OVERALL STRATEGIC VISION IS TO CREATE GREENWAYS ACROSS TOWNS THAT MAKE UP OUR LAND TRUSTS; TO WORK WITH OTHER LAND TRUSTS SO THESE GREEN CORRIDORS CREASE OUR ENTIRE STATE. WHY? BECAUSE GREENWAYS ARE HEALTHY, AND LAND KNOWS NO BOUNDARIES. CANDLEWOOD VALLEY REGIONAL LAND TRUST WAS FORMED BY THE MERGER OF TWO LAND TRUSTS IN DANBURY AND NEW FAIRFIELD, COMBINING 516 ACRES OF PROTECTED LAND AND MORE THAN 45 YEARS OF WORKING HISTORY. AS ONE COLLABORATIVE TRUST, WE HAVE BECOME AN ORGANIZATION WITH AN ENHANCED ABILITY TO PROTECT AND STEWARD OUR LANDS. AS WITH MANY OTHER ORGANIZATIONS, COVID-19 HAS SEVERELY IMPACTED THE LAND TRUST'S ABILITY TO HOST EVENTS SUCH AS GROUP HIKES AND FUNDRAISING ACTIVITIES. WE ARE AN ACCREDITED LAND TRUST. THIS IS A HARD-WON SEAL OF APPROVAL FOR OUR HISTORY OF WORKING IN THE CANDLEWOOD VALLEY REGION TO PROTECT THE NATURAL RESOURCES, WILDLIFE, HABITAT, AND OPEN VISTAS WHAT OUR RESIDENTS HAVE COME TO APPRECIATE. WE ARE A STRONGER ORGANIZATION FOR HAVING GONE THROUGH THE RIGOROUS ACCREDITATION PROGRAM. THIS STRENGTH WILL HELP MAKE CANDLEWOOD VALLEY A BETTER PLACE FOR CURRENT AND FUTURE GENERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Rykowski Director | Trustee | 5 | $0 |
Faline Schneiderman President | OfficerTrustee | 10 | $0 |
Paul Falciano Treasurer | OfficerTrustee | 6 | $0 |
Nicole Vesey Secretary | OfficerTrustee | 6 | $0 |
Tommy Butschi Director | Trustee | 5 | $0 |
Shane Cosentino Vice President | OfficerTrustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $23,327 |
| Fundraising events | $5,702 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,529 |
| Total Program Service Revenue | $0 |
| Investment income | $83 |
| 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 | $33,612 |
| 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 | $6,808 |
| 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 | $4,847 |
| Office expenses | $1,918 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $2,443 |
| All other expenses | $475 |
| Total functional expenses | $21,751 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,230 |
| Savings and temporary cash investments | $193,894 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $105 |
| 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 | $2,893,951 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,095,180 |
| Accounts payable and accrued expenses | $11,375 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $4,753 |
| 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 | $0 |
| Total liabilities | $16,128 |
| Net assets without donor restrictions | $3,027,289 |
| Net assets with donor restrictions | $51,763 |
| 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 | $3,095,180 |