Southwest Michigan Land Conservancy Inc
- Assets
- $33.5m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 13
- Location
- Galesburg, MI
- Founding
- 04/1992
- Data as of
- 09/2023
- EIN
- 38-3038708
Organization Overview
Southwest Michigan Land Conservancy Inc is located in Galesburg, MI. The organization was established in 1992. 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, Southwest Michigan Land Conservancy Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Michigan Land Conservancy 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 09/2023, Southwest Michigan Land Conservancy Inc generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $1.3m during the year ending 09/2023. 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
ACQUISITION & CONSERVATION OF NATURAL AREAS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING STAFF AND ADMINISTRATIVE SUPPORT SERVICES TO CONSERVATION AND LAND PROTECTION PROJECTS AND EFFORTS.
STEWARDSHIP AND LAND MANAGEMENT OF CONSERVANCY OWNED PROPERTY AND SIGNIFICANT NATURAL AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Grubb Chair | OfficerTrustee | 1 | $0 |
Thomas Groos Vice Chair | OfficerTrustee | 1 | $0 |
Thomas Georgoff Treasurer | OfficerTrustee | 1 | $0 |
Tj Wilkinson Secretary | OfficerTrustee | 1 | $0 |
Robert Burr Director | Trustee | 1 | $0 |
Sharon Gill Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $225,949 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,149,556 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,375,505 |
| Total Program Service Revenue | $526 |
| Investment income | $164,436 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $83,708 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,624,175 |
| 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. | $68,308 |
| Compensation of current officers, directors, key employees. | $14,345 |
| Compensation to disqualified persons | $189,466 |
| Other salaries and wages | $377,996 |
| Pension plan accruals and contributions | $15,154 |
| Other employee benefits | $42,787 |
| Payroll taxes | $56,303 |
| Fees for services: Management | $10,350 |
| 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 | $104,204 |
| Advertising and promotion | $2,986 |
| Office expenses | $69,941 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,072 |
| Travel | $19,980 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,774 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72,582 |
| Insurance | $21,858 |
| All other expenses | $0 |
| Total functional expenses | $1,268,683 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,354,389 |
| Pledges and grants receivable | $75,671 |
| 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 | $36,495 |
| Net Land, buildings, and equipment | $27,483,675 |
| Investments—publicly traded securities | $3,543,634 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $33,493,864 |
| Accounts payable and accrued expenses | $47,095 |
| 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 | $47,095 |
| Net assets without donor restrictions | $1,340,316 |
| Net assets with donor restrictions | $32,106,453 |
| 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 | $33,493,864 |
Grants Awarded
Over the last fiscal year, Southwest Michigan Land Conservancy Inc has awarded $266,185 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTH HAVEN AREA REC AUTHORITY PURPOSE: CONSERVANCY | $16,185 |
CHIKAMING TOWNSHIP PURPOSE: CONSERVANCY | $250,000 |