Glacial Lakes Conservancy Inc
- Assets
- $1.3m
- Revenue
- $301.4k
- Investments
- $0.0
- Employees
- 4
- Location
- Sheboygan, WI
- Founding
- 01/1997
- Data as of
- 09/2022
- EIN
- 39-1849140
Organization Overview
Glacial Lakes Conservancy Inc is located in Sheboygan, WI. The organization was established in 1997. 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 09/2022, Glacial Lakes Conservancy Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glacial Lakes 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 09/2022, Glacial Lakes Conservancy Inc generated $301.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (26.3%) each year. All expenses for the organization totaled $235.0k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (28.9%) per year over the past 7 years. 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
GLACIAL LAKES CONSERVANCY, AS A LAND TRUST, IS A NONPROFIT ORGANIZATION THAT, AS PART OF ITS MISSION, ACTIVELY WORKS TO CONSERVE LAND BY UNDERTAKING OR ASSISTING IN LAND OR CONSERVATION EASEMENT ACQUISITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAND CONSERVATION AND STEWARSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Rutten Executive Director | Officer | 40 | $50,615 |
Cynthia Northup President | OfficerTrustee | 3 | $0 |
Peter Pittner Vice President | OfficerTrustee | 3 | $0 |
Jeanette Wierzbach Treasurer | OfficerTrustee | 3 | $0 |
Ryan Zinkel Secretary | OfficerTrustee | 3 | $0 |
Chris Krieg Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $38,390 |
| All other contributions, gifts, grants, and similar amounts not included above | $136,851 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $175,241 |
| Total Program Service Revenue | $0 |
| Investment income | $17,043 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $78,883 |
| Net Income from Fundraising Events | $32,673 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$2,475 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $301,365 |
| 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 | $116,456 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,914 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,791 |
| Fees for services: Accounting | $6,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,846 |
| Fees for services: Other | $14,825 |
| Advertising and promotion | $354 |
| Office expenses | $10,344 |
| Information technology | $2,105 |
| Royalties | $0 |
| Occupancy | $3,012 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,855 |
| Interest | $2,200 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,438 |
| Insurance | $5,705 |
| All other expenses | $0 |
| Total functional expenses | $235,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,902 |
| Savings and temporary cash investments | $64,012 |
| Pledges and grants receivable | $5,117 |
| Accounts receivable, net | $300 |
| 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 | $5,389 |
| Net Land, buildings, and equipment | $20,262 |
| Investments—publicly traded securities | $312,311 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $917,460 |
| Total assets | $1,330,753 |
| Accounts payable and accrued expenses | $14,217 |
| 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 | $71,692 |
| Other liabilities | $0 |
| Total liabilities | $85,909 |
| Net assets without donor restrictions | $977,384 |
| Net assets with donor restrictions | $267,460 |
| 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 | $1,330,753 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Glacial Lakes Conservancy Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
F K Bemis Family Foundation Sheboygan Falls, WI PURPOSE: COMMUNITY | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Land Trust Saint Paul, MN | $15,349,534 | $12,321,916 |
Openlands Chicago, IL | $37,602,836 | $9,254,791 |
Grand Traverse Regional Land Conservancy Traverse City, MI | $83,640,436 | $14,843,118 |
Leelanau Conservancy Leland, MI | $37,540,108 | $6,574,386 |
Land Stewardship Project Minneapolis, MN | $5,082,245 | $3,400,549 |
Conservation Foundation Naperville, IL | $10,642,016 | $3,351,729 |
Tall Pines Conservancy Inc Nashotah, WI | $2,243,899 | $2,340,562 |
Lake Forest Open Lands Association Lake Forest, IL | $65,831,069 | $6,633,518 |
Little Traverse Conservancy Inc Harbor Springs, MI | $131,058,036 | $9,637,882 |
Jo Daviess Conservation Foundation Inc Elizabeth, IL | $13,683,840 | $1,728,367 |
Legacy Land Conservancy Ann Arbor, MI | $8,848,888 | $2,512,327 |
Southwest Michigan Land Conservancy Inc Galesburg, MI | $30,119,950 | $2,633,609 |