West Virginia Land Trust Inc is located in Charleston, WV. The organization was established in 1995. 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, West Virginia Land Trust Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Virginia 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, West Virginia Land Trust Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $928.4k during the year ending 12/2021. While expenses have increased by 2.2% 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
THE WVLT PROTECTS LAND WITH SIGNIFICANT CONSERVATION VALUES THROUGH THE USE OF CONSERVATION EASEMENTS AND REAL ESTATE ACQUISITIONS, AND BY WORKING WITH A STATEWIDE NETWORK OF PARTNERS TO ACCELERATE AND EXPAND CONSERVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSERVATION OF SPECIAL PLACES: WVLT PROTECTS LAND BY ACQUIRING PROPERTIES IN FEE, THROUGH CONSERVATION EASEMENTS, OR BY FACILITATING ACQUISITIONS (THROUGH NEGOTIATIONS OR VIA LOANS) FOR OTHER ENTITIES, INCLUDING PUBLIC AGENCIES AND OTHER NONPROFIT ORGANIZATIONS. WVLT CONSIDERS OPPORTUNITIES ACCORDING TO ITS CONSERVATION CRITERIA AND AN ASSESSMENT OF PROPERTIES' CONSERVATION VALUES WITH AN EXTENSIVE PROCESS OF DUE DILIGENCE. IT ACQUIRES LANDS IN FEE THROUGH PURCHASE (FOR WHICH IT RAISES FUNDS), BARGAIN SALES, OR DONATIONS. FOR CONSERVATION EASEMENTS, WVLT WORKS WITH VOLUNTARY LANDOWNERS AND EVALUATES PROPERTIES ACCORDING TO ITS INTERNAL CRITERIA AND PURPOSES AS DEFINED BY THE IRS CODE. EASEMENTS MAY BE ACQUIRED THROUGH PURCHASE, BARGAIN SALES, OR DONATIONS.
STEWARDSHIP (PROPERTY AND EASEMENT MAINTENANCE): UPON SECURING A CONSERVATION EASEMENT, THE WVLT INITIATES AN ANNUAL MONITORING PROGRAM TO ENSURE THAT THE COVENANTS IN THE EASEMENT ARE ADHERED TO AND THAT THE CONSERVATION VALUES THAT HAVE BEEN RECOGNIZED ARE PROTECTED IN PERPETUITY. IF THERE ARE VIOLATIONS OF THE EASEMENT, THE WVLT WILL WORK WITH THE OWNER TO DEVELOP AN ACTION PLAN TO MITIGATE ANY DAMAGES AND IF NECESSARY, WILL LEGALLY DEFEND THE EASEMENT IN COURT. WHEN THE LAND TRUST ACQUIRES PROPERTY IN FEE, IT DETERMINES THE APPROPRIATE USES(S) FOR THE LAND AND ELABORATES A MANAGEMENT PLAN THAT SERVES THOSE USES. THOSE USES ARE DEVELOPED WITH MAXIMUM PUBLIC BENEFIT IN MIND. ON A PRESERVE THAT IS TO BE AVAILABLE TO THE PUBLIC, THOSE USES MAY INCLUDE TRAIL NETWORKS, STREAMSIDE PROTECTION, OR INTERACTIVE SERVICES FOR EDUCATIONAL PURPOSES.
PUBLIC EDUCATION: AS THE ONLY STATEWIDE LAND TRUST, THE WVLT WORKS TO EDUCATE LOCAL GROUPS AND COMMUNITIES ABOUT THE VALUE OF LAND CONSERVATION, BOTH FROM AN ENVIRONMENTAL AND LAND USE PERSPECTIVE. STRATEGIES INCLUDE DEVELOPMENT OF WEB BASED MATERIALS, DISTRIBUTION OF VARIOUS PRINTED MATERIALS, TRAINING AND NETWORKING OPPORTUNITIES, EDUCATIONAL WORKSHOPS, PRESENTATION TO CIVIC ORGANIZATIONS AND ATTENDANCE AT COMMUNITY FORUMS. WVLT ALSO HOSTS (ALONE OR IN PARTNERSHIPS) OUTINGS SUCH AS HIKES, RIVER FLOATS, AND OTHER OUTDOOR ACTIVITIES IN ORDER TO ENCOURAGE THE PUBLIC TO ENJOY THE EXPANDED PORTFOLIO OF CONSERVED LANDS AROUND THE STATE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brent Bailey Executive Director | Officer | 40 | $128,276 |
Jonathan Marshall President | OfficerTrustee | 2 | $0 |
Andy Altman Vice President | OfficerTrustee | 1 | $0 |
David Clark Secretary | OfficerTrustee | 1 | $0 |
Gabe Rushden Treasurer | OfficerTrustee | 2 | $0 |
Calvert Armbrecht Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $47,044 |
Related organizations | $0 |
Government grants | $932,611 |
All other contributions, gifts, grants, and similar amounts not included above | $563,759 |
Noncash contributions included in lines 1a–1f | $71,333 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,543,414 |
Total Program Service Revenue | $0 |
Investment income | $108,277 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$7,065 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,645,376 |
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. | $128,276 |
Compensation of current officers, directors, key employees. | $51,310 |
Compensation to disqualified persons | $460,258 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $26,397 |
Payroll taxes | $54,334 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $12,700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,654 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $12,641 |
Travel | $3,427 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $12,346 |
All other expenses | $19,591 |
Total functional expenses | $928,394 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $3,552,406 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $441,194 |
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 | $0 |
Net Land, buildings, and equipment | $6,441,550 |
Investments—publicly traded securities | $4,199,061 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $14,634,211 |
Accounts payable and accrued expenses | $57,932 |
Grants payable | $0 |
Deferred revenue | $9,000 |
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 | $66,932 |
Net assets without donor restrictions | $9,037,555 |
Net assets with donor restrictions | $5,529,724 |
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 | $14,634,211 |
Over the last fiscal year, we have identified 1 grants that West Virginia Land Trust Inc has recieved totaling $1,500.
Awarding Organization | Amount |
---|---|
Wolf Robe Foundation Peoria, AZ PURPOSE: LAND CONSERVATION | $1,500 |
Beg. Balance | $1,711,777 |
Net Contributions | $207,878 |
Ending Balance | $1,919,655 |
Organization Name | Assets | Revenue |
---|---|---|
Western Pennsylvania Conservancy Pittsburgh, PA | $113,802,863 | $21,943,336 |
Western Reserve Land Conservancy Moreland Hills, OH | $30,804,258 | $21,482,529 |
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 |
North American Land Trust Chadds Ford, PA | $53,456,278 | $13,663,036 |