Granby Land Trust Inc
- Assets
- $14.2m
- Revenue
- $467.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Granby, CT
- Founding
- 01/1973
- Data as of
- 12/2021
- EIN
- 23-7243316
Organization Overview
Granby Land Trust Inc is located in Granby, CT. The organization was established in 1973. 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. Granby 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 12/2021, Granby Land Trust Inc generated $467.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.0% each year . All expenses for the organization totaled $105.6k during the year ending 12/2021. While expenses have increased by 18.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GRANBY LAND TRUST ACHIEVES THE LONG TERM PROTECTION OF LAND BY SEEKING, HOLDING, MONITORING AND STEWARDING CONSERVATION EASEMENTS AND LAND OWNERSHIP IT COMMUNICATES ITS OBJECTIVES AND REGULARLY PROVIDES EDUCATIONAL PROGR
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROPERTY MAINTENANCE AND STEWARDSHIP - THIS PROGRAM INVOLVES THE PROTECTION OF PROPERTY AND ASSOCIATED NATURAL RESOURCES THROUGH STEWARDSHIP AND MAINTENANCE OF LAND AND EASEMENTS OWNED BY THE GLT. THESE ACTIVITIES ARE CONDUCTED BY VOLUNTEERS AND PROFESSIONALS AND INCLUDE CONDUCTING NATURAL RESOURCE INVENTORIES, SITE AND BOUNDARY MAINTENANCE, HABITAT MANAGEMENT AND MONITORING SITE VISITS ON LANDS AND EASEMENTS.
PROPERTY ACQUISITION - THIS PROGRAM INCLUDES THE PERMANENT PROTECTION OF PROPERTY ACQUIRED EITHER BY PURCHASE OR DONATION, OR BY CONSERVATION EASEMENT. THE GLT CONDUCTS LONG TERM PLANNING TO DETERMINE APPROPRIATE PRIORITY CORRIDORS IN THE TOWN, AND CONCENTRATES ITS ACQUISITION EFFORTS IN THOSE AREAS. THESE EFFORTS ARE CONDUCTED BY VOLUNTEERS AND PROFESSIONALS AND INCLUDE THE EVALUATION, NEGOTIATION AND COMPLETION OF NEW LAND ACQUISITION PROJECTS.
PUBLIC OUTREACH - THIS PROGRAM IS FOCUSED ON PROMOTING PUBLIC AWARENESS IN THE COMMUNITY ABOUT THE IMPORTANCE OF LAND PRESERVATION AND CONSERVATION AND ACTIVITIES OF THE GRANBY LAND TRUST TO PROTECT THE NATURAL HERITAGE OF THE TOWN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Lombardo Treasurer | OfficerTrustee | 3 | $0 |
Leslie Judge Secretary | OfficerTrustee | 2 | $0 |
David Russell Controller | OfficerTrustee | 10 | $0 |
Richard J Orluk Jr President | OfficerTrustee | 15 | $0 |
David Emery Vice President | OfficerTrustee | 10 | $0 |
David A Schupp Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $41,792 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $233,414 |
| Noncash contributions included in lines 1a–1f | $116,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $275,206 |
| Total Program Service Revenue | $0 |
| Investment income | $192,155 |
| 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 | $467,361 |
| 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 | $0 |
| Fees for services: Legal | $716 |
| Fees for services: Accounting | $7,064 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,750 |
| Advertising and promotion | $0 |
| Office expenses | $3,942 |
| Information technology | $4,142 |
| Royalties | $0 |
| Occupancy | $2,400 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,400 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,279 |
| Insurance | $7,903 |
| All other expenses | $8,474 |
| Total functional expenses | $105,571 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,410 |
| Savings and temporary cash investments | $60,185 |
| 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 | $8,982,231 |
| Investments—publicly traded securities | $3,746,923 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,410,155 |
| Total assets | $14,216,904 |
| Accounts payable and accrued expenses | $5,637 |
| 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 | $0 |
| Total liabilities | $5,637 |
| Net assets without donor restrictions | $4,757,023 |
| Net assets with donor restrictions | $9,454,244 |
| 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 | $14,216,904 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Granby Land Trust Inc has recieved totaling $15,403.
| Awarding Organization | Amount |
|---|---|
Hartford Foundation For Public Giving Hartford, CT PURPOSE: GENERAL OPERATING SUPPORT | $15,329 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50 |
Mckesson Foundation Dallas, TX PURPOSE: CHARITABLE | $24 |
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 |
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 |
Columbia Land Conservancy Inc Chatham, NY | $23,284,051 | $2,528,092 |