American Chestnut Land Trust Inc
- Assets
- $8.0m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 5
- Location
- Prince Frederick, MD
- Founding
- 06/1987
- Data as of
- 12/2021
- EIN
- 52-1489614
Organization Overview
American Chestnut Land Trust Inc is located in Prince Frederick, MD. The organization was established in 1987. 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, American Chestnut Land Trust Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Chestnut 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, American Chestnut Land Trust Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $494.3k during the year ending 12/2021. While expenses have increased by 6.6% 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
PROMOTES LAND CONSERVATION, PROVIDES PUBLIC ACCESS AND PROTECTS NATURAL RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAND MANAGEMENT PROGRAM: PROTECTED AND MANAGED THE 3,287 ACRE PARKERS CREEK PRESERVE'S NATURAL RESOURCES BY: IMPLEMENTING FORESTRY MANAGEMENT PLANS, CONTROLLING NONNATIVE INVASIVE PLANT SPECIES; COLLECTING QUARTERLY SURFACE WATER QUALITY SAMPLES; INSTITUTING AN AGRICULTURE SUPPORTING THE COMMUNITY PROGRAM; AND CONDUCTING A WHITE-TAILED DEER HERD MANAGEMENT PROGRAM. PROTECTED CULTURAL RESOURCES BY: STABILIZING HISTORIC STRUCTURES AND MAINTAINING A HISTORIC CEMETERY; MAINTAINED 22 MILES OF HIKING TRAILS TO ENCOURAGE PUBLIC ACCESS TO PRESERVED LANDS FOR EDUCATIONAL, SCIENTIFIC, RECREATIONAL AND CULTURAL PURPOSES; CONDUCTED GUIDED CANOE TRIPS TO PROVIDE ENVIRONMENTAL EDUCATION TO THE PUBLIC ABOUT THE PARKERS CREEK WATERSHED; MANAGED THE LIMITED ACCESS WARRIOR'S REST SANCTUARY FOR ENVIRONMENTAL EDUCATION AND SCIENTIFIC RESEARCH. ACTIVELY AND REGULARLY MONITORED 1,477 ACRES OWNED IN FEE SIMPLE BY THE AMERICAN CHESTNUT LAND TRUST; ACTIVELY AND REGULARLY MONITORED 1,810 ACRES OF LAND OWNED IN FEE SIMPLE BY THE STATE OF MARYLAND AND LEASED BY THE AMERICAN CHESTNUT LAND TRUST; ACTIVELY AND REGULARLY MONITORED 5 CONSERVATION EASEMENTS TOTALING 374 ACRES.
MEMBERSHIP & OUTREACH SERVICES: CONDUCTED OUTREACH AND STEWARDSHIP EVENTS TO BRING IN NEW MEMBERS. PROVIDED PROMOTIONAL MATERIALS TO INCREASE AWARENESS OF ACLT AND ITS MISSION IN SOUTHERN MARYLAND. OPERATED AN AGRICULTURE IN SUPPORT OF THE COMMUNITY PROGRAM, RAISING AND DONATING FOOD FOR THOSE IN NEED. SHARED INFORMATION ABOUT ACLT AND ITS MISSION BY HOLDING NUMEROUS EVENTS, CANOE TRIPS AND GUIDED HIKES AS WELL AS HOSTING SEVERAL GROUP VISITS TO DOUBLE OAK FARM. ALSO REPRESENTED ACLT AT MANY OFF-SITE EVENTS HELD BY OTHER ORGANIZATIONS. LAUNCHED A NEW WELCOMING PROGRAM WHERE VOLUNTEERS GREET VISITORS AT THE TRAILHEADS AND SHARE INFORMATION ABOUT ACLT. MAINTAINED A ROBUST PUBLIC OUTREACH PROGRAM WITH REGULAR EMAIL NOTICES AND SOCIAL MEDIA POSTS. OVER 100 VOLUNTEERS TOTALLED 6,696 HOURS OF WORK FOR ACLT.
LAND PRESERVATION: WORKED TO PRESERVE ADDITIONAL ACREAGE IN THE PARKERS CREEK AND GOVERNORS RUN WATERSHEDS. WORKED WITH THE SUSTAINABLE CALVERT NETWORK TO ADVOCATE FOR LAND CONSERVATION AND PRESERVATION THROUGHOUT CALVERT COUNTY. IMPLEMENTING THE NEW FIVE YEAR PLAN WHICH CALLS FOR PROMOTING LAND CONSERVATION AND PRESERVATION THROUGHOUT SOUTHERN MARYLAND. LAUNCHED THE SOUTHERN MARYLAND CONSERVATION ALLIANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Bowen Executive Director | Officer | 40 | $82,513 |
Dr David F Farr President | OfficerTrustee | 4 | $0 |
Dawn Balinski Vice President | OfficerTrustee | 1 | $0 |
Elizabeth Johnston Secretary | OfficerTrustee | 1 | $0 |
Cheryl L Place Treasurer | OfficerTrustee | 1 | $0 |
Denise Breitburg Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $30,540 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,022,235 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,052,775 |
| Total Program Service Revenue | $1,561 |
| Investment income | $83,681 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$49,446 |
| Net Income from Fundraising Events | $20,361 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,108,932 |
| 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. | $82,513 |
| Compensation of current officers, directors, key employees. | $19,820 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $199,956 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,658 |
| Payroll taxes | $10,396 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,377 |
| Fees for services: Accounting | $18,475 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,827 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $61,844 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,172 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,309 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,304 |
| Insurance | $15,009 |
| All other expenses | $0 |
| Total functional expenses | $494,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $104,783 |
| Savings and temporary cash investments | $2,168,217 |
| Pledges and grants receivable | $140,422 |
| Accounts receivable, net | $3,230 |
| 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 | $11,363 |
| Net Land, buildings, and equipment | $2,782,414 |
| Investments—publicly traded securities | $2,763,034 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,500 |
| Total assets | $7,980,963 |
| Accounts payable and accrued expenses | $37,666 |
| Grants payable | $0 |
| Deferred revenue | $4,744 |
| 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 | $1,200 |
| Total liabilities | $43,610 |
| Net assets without donor restrictions | $6,079,601 |
| Net assets with donor restrictions | $1,857,752 |
| 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 | $7,980,963 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that American Chestnut Land Trust Inc has recieved totaling $105,899.
| Awarding Organization | Amount |
|---|---|
1988 Irrevocable Cochrane Memorial Trust Milwaukee, WI PURPOSE: GENERAL OPERATING | $60,000 |
Greater Washington Community Foundation Washington, DC PURPOSE: GENERAL SUPPORT | $26,637 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: SPECIAL PROJECT | $10,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $5,080 |
Norman J Fisher And Doris Fisher Foundation Annapolis, MD PURPOSE: TO HELP BUILD A HEALTHIER COMMUNITY LIFTE | $2,500 |
Edward D Jones & Company Foundation St Louis, MO PURPOSE: COMMUNITY SERVICE | $1,000 |
Endowment Analysis
| Beg. Balance | $3,355,101 |
| Earnings | $428,480 |
| Net Contributions | $19,573 |
| Other Expense | $13,494 |
| Ending Balance | $3,789,660 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Urban Land Institute Washington, DC | $92,103,819 | $79,416,255 |
Wilderness Society Washington, DC | $92,421,140 | $42,014,694 |
Western Pennsylvania Conservancy Pittsburgh, PA | $113,802,863 | $21,943,336 |
Volgenau Foundation Mclean, VA | $0 | $62,996,362 |
Natural Lands Trust Incorporated Media, PA | $288,000,033 | $16,114,941 |
Lancaster Farmland Trust Strasburg, PA | $11,698,413 | $9,676,102 |
Piedmont Environmental Council Warrenton, VA | $11,176,423 | $6,128,085 |
Ward Burton Wild Life Foundation Halifax, VA | $25,797,227 | $8,618,554 |
Wildlands Conservancy Inc Emmaus, PA | $12,037,986 | $4,624,633 |
Land Preservation Trust Inc Cockeysville, MD | $3,484,964 | $2,822,614 |
National Park Trust Inc Rockville, MD | $5,183,362 | $2,956,887 |
Greentrust Alliance Inc Elkridge, MD | $3,574,474 | $1,758,433 |