Bur Oak Land Trust
- Assets
- $3.4m
- Revenue
- $883.1k
- Investments
- $0.0
- Employees
- 23
- Location
- Iowa City, IA
- Founding
- 12/1978
- Data as of
- 12/2021
- EIN
- 42-1104058
Organization Overview
Bur Oak Land Trust is located in Iowa City, IA. The organization was established in 1978. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Bur Oak Land Trust employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bur Oak Land Trust 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, Bur Oak Land Trust generated $883.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $680.6k during the year ending 12/2021. While expenses have increased by 16.2% 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
ACCREDITED BY THE NATIONAL LAND TRUST ACCREDITATION COMMISSION, THE TRUST MAINTAINS AND PRESERVES TWELVE LOCAL NATURAL AREAS FOR THE ENJOYMENT AND EDUCATION OF THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROPERTY STEWARDSHIP: BUR OAK LAND TRUST OWNS AND MANAGES 12 LOCAL NATURAL AREAS IN IOWA'S JOHNSON, WASHINGTON AND POWESHIEK COUNTIES TOTALING 490.88 ACRES. THE TRUST ALSO HOLDS 17 CONSERVATION EASEMENTS, TOTALING 391.03 ACRES FROM PRIVATE LANDOWNERS WHO WISH TO PROTECT THEIR LAND FROM DEVELOPMENT IN PERPETUITY. OUR ORGANIZATION IS ACCREDITED BY THE LAND TRUST ACCREDITATION COMMISSION. THE TRUST HAS A FULL-TIME LAND STEWARD WHO DEVELOPS MANAGEMENT PLANS FOR EACH PROPERTY IN COLLABORATION WITH AMERICORPS MEMBERS AND VOLUNTEERS.
LAND CONSERVATION AND MANAGEMENT: PROPERTY MANAGEMENT PLANS FOR FEE-OWNED PROPERTIES INCLUDE IDENTIFICATION OF NATIVE AND NON-NATIVE SPECIES FOUND ON THE PROPERTIES, CONTROL OF INVASIVE SPECIES, AND UNIQUE MANAGEMENT REQUIREMENTS NECESSARY FOR THE PROTECTION OF ENDANGERED, THREATENED, AND SPECIES OF SPECIAL CONCERN. REDUCTION OF INVASIVE SPECIES WILL ALLOW FOR THE REESTABLISHMENT OF A MORE RESILIENT NATIVE ECOSYSTEM. IN 2021, APPROXIMATELY 15,000 HOURS OF ACTIVE LAND MANAGEMENT OCCURRED ON THE TRUST'S FEE-OWNED PROPERTIES, WITH A FOCUS ON HABITAT RESTORATION AND IMPROVEMENT. MANAGEMENT TECHNIQUES AND ACTIVITIES INCLUDED PRESCRIBED FIRE, TIMBER STAND IMPROVEMENT AND CANOPY REDUCTION, MECHANICAL REMOVAL OF INVASIVE SPECIES, NATIVE SEED HARVESTING AND SEED SPREADING, AND NATIVE SHRUB AND TREE PLANTING.
PUBLIC AWARENESS, EDUCATION AND SUPPORT: BUR OAK LAND TRUST STAFF, BOARD MEMBERS, VOLUNTEERS, AND AMERICORPS MEMBERS PRESENTED TO DIVERSE COMMUNITY GROUPS PROMOTING LAND CONSERVATION AND PROVIDING EDUCATIONAL OPPORTUNITIES. THE TRUST HOSTED IN-PERSON AND ONLINE EDUCATIONAL AND OUTREACH EVENTS. THE TRUST MAINTAINS A SOCIAL MEDIA PRESENCE THROUGH NUMEROUS PLATFORMS, PROVIDING EDUCATIONAL CONTENT AND PROMOTING OPPORTUNITIES. IN 2021 PUBLIC SUPPORT ALSO INCLUDED DISASTER RELIEF EFFORTS IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Taylor Executive Di | Officer | 40 | $66,000 |
Ben Dillon President | OfficerTrustee | 2 | $0 |
Neil Joss Treasurer | OfficerTrustee | 0.5 | $0 |
Larry Weber President El | OfficerTrustee | 0.5 | $0 |
Kate Jamison Secretary | OfficerTrustee | 1.5 | $0 |
Chris Jensen Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $359,494 |
| All other contributions, gifts, grants, and similar amounts not included above | $495,410 |
| Noncash contributions included in lines 1a–1f | $41,458 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $854,904 |
| Total Program Service Revenue | $0 |
| Investment income | $12,944 |
| 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 | $883,058 |
| 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. | $73,200 |
| Compensation of current officers, directors, key employees. | $36,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $298,970 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,284 |
| Payroll taxes | $29,079 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,767 |
| Fees for services: Accounting | $4,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,558 |
| Advertising and promotion | $0 |
| Office expenses | $38,567 |
| Information technology | $13,746 |
| Royalties | $0 |
| Occupancy | $35,340 |
| Travel | $17,563 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,895 |
| Interest | $79 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,591 |
| Insurance | $17,418 |
| All other expenses | $0 |
| Total functional expenses | $680,587 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $209,865 |
| 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 | $13,125 |
| Net Land, buildings, and equipment | $2,340,057 |
| Investments—publicly traded securities | $851,126 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,414,173 |
| Accounts payable and accrued expenses | $9,476 |
| Grants payable | $0 |
| Deferred revenue | $12,000 |
| 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 | $21,476 |
| Net assets without donor restrictions | $3,080,138 |
| Net assets with donor restrictions | $312,559 |
| 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 | $3,414,173 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Bur Oak Land Trust has recieved totaling $29,147.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Johnson Coralville, IA PURPOSE: TO SUPPPORT THE MISSION OF THE ORGANIZATION. | $18,023 |
Hills Bank Donor Advised Gift Fund North Liberty, IA PURPOSE: General support | $6,000 |
Rpc Inc Charitable Foundation Iowa City, IA PURPOSE: FOR UNRESTRICTED USE BY RECIPIENT | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $124 |
Endowment Analysis
| Beg. Balance | $46,689 |
| Earnings | $5,266 |
| Admin Expense | -$1,404 |
| Ending Balance | $50,551 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dubuque County Historical Society Dubuque, IA | $42,203,208 | $9,721,079 |
Jefferson National Parks Association Inc St Louis, MO | $9,104,174 | $5,372,825 |
Minnesota Landmarks St Paul, MN | $7,312,284 | $2,339,984 |
Friends Of The Chicago River Chicago, IL | $1,960,790 | $1,822,157 |
Mount Rushmore National Memorial Society Of Black Hills Rapid City, SD | $22,476,449 | $3,858,593 |
Midwest Art Conservation Center Inc Minneapolis, MN | $2,125,685 | $1,795,271 |
Iowa Railroad Historical Society Boone, IA | $4,623,282 | $1,830,405 |
Landmarks Preservation Council Chicago, IL | $10,408,115 | $1,991,527 |
State Historical Society Of Missouri Columbia, MO | $7,318,381 | $1,450,178 |
American Truck Historical Society Kansas City, MO | $4,869,322 | $1,570,216 |
Nebraska State Historical Society Foundation Lincoln, NE | $17,627,220 | $2,353,385 |
Ramsey County Historical Society Inc Saint Paul, MN | $5,355,556 | $1,137,123 |