Land Legacy is located in Tulsa, OK. The organization was established in 2003. 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 12/2021, Land Legacy employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Land Legacy 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, Land Legacy generated $5.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $216.3k during the year ending 12/2021. 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
ENHANCE THE QUALITY OF LIFE IN URBAN AND RURAL COMMUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LARGEST PROGRAM SERVICES PROVIDED BY LAND LEGACY ARE FOR OUR MILITARY PARTNERS AT FORT SILL ARMY BASE AND TINKER AIR FORCE BASE. URBAN ENCROACHMENT ALONG THE PERIMETERS OF MILITARY INSTALLATIONS IS AN INCREASINGLY COMMON CONCERN FOR INSTALLATION OPERATIONS AND TRAINING ACTIVITIES. FORT SILL AND TINKER ARE NO EXCEPTIONS TO THIS CONCERN AS NEW RESIDENTIAL DEVELOPMENT ALONG THE BASES' FENCE LINES ARE BECOMING MORE AND MORE COMMON. TO PREVENT THIS SITUATION FROM COMPROMISING FORT SILL'S FUTURE OPERATION, THE U.S. ARMY IMPLEMENTED THE ARMY COMPATIBLE USE BUFFER (ACUB) PROGRAM. THIS PROGRAM IS DESIGNED TO CREATE AN ESSENTIAL BUFFER ZONE SURROUNDING FORT SILL AND PROVIDE FOR IMPORTANT CONSERVATION AND OUTDOOR RECREATION BENEFITS. ONE OF THE MAIN BENEFITS FOR FORT SILL WAS NOISE MITIGATION. THE INITIATIVE DEVELOPED BY LAND LEGACY FOR TINKER TO CREATE AN ESSENTIAL BUFFER ZONE SURROUNDING TINKER WAS SIMILAR IN STRUCTURE WITH THE PRIMARY RATIONALE BEING TO CREATE A SAFETY ZONE FOR POTENTIAL PLANE CRASHES. ROUGHLY 20,000 ACRES OF OPEN LANDS AROUND FORT SILL HAVE BEEN IDENTIFIED FOR PROTECTION THROUGH THE PURCHASE OF CONSERVATION EASEMENTS. THE AREA AROUND TINKER IS MORE DEVELOPED, BUT OVER 1,000 ACRES ADJOINING THE BASE HAVE STILL BEEN IDENTIFIED AND PRIORITIZED FOR POTENTIAL BUFFERS THROUGH CONSERVATION EASEMENTS. EASEMENTS RESTRICT SUBDIVISION AND DEVELOPMENT OF PROPERTIES WHILE ALLOWING CONTINUED PRIVATE OWNERSHIP, AGRICULTURAL USES, RANCHING, UTILITY INFRASTRUCTURE, NON-INTENSIVE INDUSTRIAL USES AND PASSIVE OUTDOOR LOW-INTENSITY RECREATION. THERE ARE ALSO SIGNIFICANT TAX INCENTIVES AVAILABLE TO LANDOWNERS WHO WISH TO DONATE ALL OR A PORTION OF THE CONSERVATION EASEMENT VALUE. LAND LEGACY MAKES REGULAR TRIPS TO THE MILITARY BASES TO MEET WITH BASE PERSONNEL, MEET WITH PROSPECTIVE LANDOWNERS, AND PERFORM ANNUAL MONITORING OF COMPLETED EASEMENTS. THE SECOND LARGEST PROGRAM SERVICES AREA OF LAND LEGACY IS IN DRINKING WATER PROTECTION FOR THE CITY OF TULSA WATER AND WASTEWATER GROUP. THE TULSA METROPOLITAN UTILITY AUTHORITY (TMUA), IN AN EFFORT TO PRESERVE WATER QUALITY AND TO PRESERVE WORKING AGRICULTURAL LANDS, DEVELOPED THE EUCHA-SPAVINAW WATERSHED PROTECTION INITIATIVE. THE EUCHA-SPAVINAW WATERSHED PROVIDES DRINKING WATER FOR MUCH OF NORTHEASTERN OKLAHOMA. THE WATERSHED ALSO PROVIDES HABITAT FOR NUMEROUS ENDANGERED AND THREATENED SPECIES UNIQUE TO THE REGION. THIS EFFORT CONSISTS OF A LONG-TERM LAND CONSERVATION PROGRAM WITHIN THE BOUNDARIES OF THE WATERSHED IN BOTH OKLAHOMA AND ARKANSAS TO ACQUIRE, THROUGH PURCHASE OR DONATION, PERMANENT CONSERVATION EASEMENTS. AS OF THE END OF 2015, LAND LEGACY HAS WORKED DILIGENTLY WITH LANDOWNERS IN THE AREA TO HAVE NEARLY 5,000 ACRES IN OKLAHOMA AND ARKANSAS THAT IS PROTECTED IN PERPETUITY THROUGH CONSERVATION EASEMENTS. IN ADDITION TO LAND LEGACY'S WORK, THERE IS AN ADDITIONAL 30,000 ACRES UNDER PROTECTION FROM VARIOUS OTHER AGENCIES SUCH AS U.S. FISH AND WILDLIFE, STATE OF OKLAHOMA, AND CITY OF TULSA. THE TMUA BOARD HAS MANY INITIATIVES TO PROTECT TULSA'S DRINKING WATER. THE CONSERVATION EASEMENTS REQUIRE CONTINUAL CONVERSATIONS WITH CITY STAFF, STATE AND FEDERAL OFFICIALS, AND LANDOWNERS. IN ADDITION, LAND LEGACY HAS BEEN DOING OUTREACH WORK PARTNERING WITH DELAWARE COUNTY CONSERVATION COMMISSIONERS BY WORKING TO PROVIDE INFORMATION ABOUT CONSERVATION EASEMENTS THROUGH MEETINGS OF THE OKLAHOMA CONSERVATION COMMISSION. THE THIRD AREA OF PROGRAM SERVICES PROVIDED BY LAND LEGACY DEALS WITH WILLING LANDOWNERS LOOKING TO CONSERVE THEIR LAND AND TAKE ADVANTAGE OF THE TREMENDOUS TAX CREDITS OFFERED. THE CONSERVATION EASEMENT INCENTIVE ACT IS CONSIDERED BY MANY TO BE THE MOST IMPORTANT CONSERVATION LEGISLATION IN THE LAST 20 YEARS. THIS ACT, PART OF THE AMERICAN GIVES MORE ACT, ENCOURAGES LANDOWNERS TO PLACE CONSERVATION EASEMENTS ON THEIR LAND TO PROTECT IMPORTANT NATURAL, SCENIC, AND HISTORIC RESOURCES. LANDS PLACED INTO CONSERVATION EASEMENTS CONTINUE TO BE FARMED, GRAZED, HUNTED, OR USED FOR OUTDOOR RECREATION AND WILDLIFE CONSERVATION. THESE LANDS ALSO REMAIN ON COUNTY TAX ROLLS, STRENGTHENING LOCAL ECONOMIES DONATING A VOLUNTARY CONSERVATION EASEMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Patton Executive Director | Officer | 40 | $82,600 |
Martin Lewis Chair | OfficerTrustee | 1 | $0 |
Kaley Nivens Treasurer | OfficerTrustee | 1 | $0 |
Laura Hill Secretary | OfficerTrustee | 1 | $0 |
Steve Howe Vice Chair | Trustee | 1 | $0 |
Richard Carson Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,266,740 |
All other contributions, gifts, grants, and similar amounts not included above | $4,216,913 |
Noncash contributions included in lines 1a–1f | $4,140,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,483,653 |
Total Program Service Revenue | $0 |
Investment income | $471 |
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 | $5,484,124 |
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. | $82,600 |
Compensation of current officers, directors, key employees. | $30,562 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $32,974 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $996 |
Payroll taxes | $8,970 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,450 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $36,262 |
Advertising and promotion | $108 |
Office expenses | $2,327 |
Information technology | $4,971 |
Royalties | $0 |
Occupancy | $19,962 |
Travel | $2,952 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $3,109 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,068 |
Insurance | $6,091 |
All other expenses | $77 |
Total functional expenses | $216,328 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $668,037 |
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 | $1,523 |
Net Land, buildings, and equipment | $75,674,847 |
Investments—publicly traded securities | $20,408 |
Investments—other securities | $8,315 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $76,373,130 |
Accounts payable and accrued expenses | $8,965 |
Grants payable | $0 |
Deferred revenue | $520,843 |
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 | $529,808 |
Net assets without donor restrictions | $15,968,851 |
Net assets with donor restrictions | $59,874,471 |
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 | $76,373,130 |
Over the last fiscal year, we have identified 1 grants that Land Legacy has recieved totaling $14.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $14 |
Beg. Balance | $42,299 |
Earnings | -$393 |
Other Expense | $13,183 |
Ending Balance | $28,723 |
Organization Name | Assets | Revenue |
---|---|---|
Colorado Open Lands Lakewood, CO | $13,741,113 | $34,650,733 |
Texas Agricultural Land Trust San Antonio, TX | $3,761,041 | $13,132,879 |
Conservation Lands Foundation Durango, CO | $10,309,607 | $7,535,879 |
Bexar Land Trust Inc San Antonio, TX | $4,154,955 | $5,531,317 |
Mesa County Land Conservancy Inc Grand Junction, CO | $4,321,084 | $5,838,861 |
Realty Gift Fund Santa Fe, NM | $5,081,165 | $9,881,385 |
Ll Foundation Keytesville, MO | $2,819,800 | $2,090,334 |
Rio Grande Headwaters Land Tr A Colorado Nonprofit Corporation Del Norte, CO | $1,933,137 | $1,769,707 |
Wildlands Restoration Volunteers Longmont, CO | $2,417,099 | $1,734,590 |
Hill Country Conservancy Inc Austin, TX | $8,866,303 | $1,167,096 |
Western Landowners Alliance Santa Fe, NM | $1,147,009 | $1,642,015 |
Quivira Coalition Inc Santa Fe, NM | $3,274,884 | $2,846,753 |