Pacolet Area Conservancy Inc
- Assets
- $2.1m
- Revenue
- $353.3k
- Investments
- $32.2k
- Employees
- 0
- Location
- Columbus, NC
- Founding
- Data as of
- 12/2016
- EIN
- 56-1657163
Organization Overview
Pacolet Area Conservancy Inc is located in Columbus, NC. Pacolet Area 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 12/2016, Pacolet Area Conservancy Inc generated $353.3k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $167.8k during the year ending 12/2016. 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
2016
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND FACILITATE THE CONSERVATION, PROTECTION AND PRESERVATION OF THE AREA'S NATURAL RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSERVATION MANAGEMENT OF PROTECTED LAND ACQUIRED BY THE ORGANIZATION. PAC HOLDS CONSERVATION EASEMENTS ON 60 PROPERTIES AND MONITORS EACH OF THESE ANNUALLY. IN ADDITION TO THE 60, PAC ALSO MONITORS 7 STATE OWNED PROPERTIES AND 1 OTHER ORGANIZATION'S PROPERTY. PAC ALSO MONITORS AND MANAGES 25 PROPERTIES THAT ARE OWNED OUTRIGHT BY THE ORGANIZATION.
ACQUISITION OF PROTECTED LANDS THROUGH CONSERVATION EASEMENT DONATIONS. THIS PROGRAM REQUIRES THE PREPARATION OF ORGANIZATIONAL DOCUMENTATION VALIDATING THE PROPERTY'S CONSERVATION VALUES, PREPARATION OF CONSERVATION EASEMENT DOCUMENTS PERTAINING TO THE DONATION, AND LANDOWNER MEETINGS. THIS PROGRAM ALSO REQUIRES STRATEGIC PLANNING IN RELATION TO WATERSHED PROTECTION, AS WELL AS THE FULL IMPLEMENTATION OF THAT PROTECTION IN RELATION TO CONSERVATION EASEMENT ACQUISITION. THE PROGRAM INTERFACES WITH LOCAL, STATE AND FEDERAL CONSERVATION INITIATIVES.
EDUCATION AND PUBLIC OUTREACH TO FURTHER THE UNDERSTANDING OF THE CRITICAL NATURE OF PROTECTING AND CONSERVING THE AREA'S NATURAL RESOURCES. THE PROGRAM OVERSEES NUMEROUS PRESENTATIONS TO SCHOOLS AND THE GENERAL PUBLIC, AS WELL AS PREPARES EDUCATIONAL MATERIALS, NEWS RELEASES AND WEBSITE NEWS AND INFORMATION.
CONSERVATION MANAGEMENT OF PROTECTED LAND ACQUIRED BY THE ORGANIZATION. PAC HOLDS CONSERVATION EASEMENTS ON 60 PROPERTIES AND MONITORS EACH OF THESE ANNUALLY. IN ADDITION TO THE 60, PAC ALSO MONITORS 7 STATE OWNED PROPERTIES AND 1 OTHER ORGANIZATION'S PROPERTY. PAC ALSO MONITORS AND MANAGES 25 PROPERTIES THAT ARE OWNED OUTRIGHT BY THE ORGANIZATION.
ACQUISITION OF PROTECTED LANDS THROUGH CONSERVATION EASEMENT DONATIONS. THIS PROGRAM REQUIRES THE PREPARATION OF ORGANIZATIONAL DOCUMENTATION VALIDATING THE PROPERTY'S CONSERVATION VALUES, PREPARATION OF CONSERVATION EASEMENT DOCUMENTS PERTAINING TO THE DONATION, AND LANDOWNER MEETINGS. THIS PROGRAM ALSO REQUIRES STRATEGIC PLANNING IN RELATION TO WATERSHED PROTECTION, AS WELL AS THE FULL IMPLEMENTATION OF THAT PROTECTION IN RELATION TO CONSERVATION EASEMENT ACQUISITION. THE PROGRAM INTERFACES WITH LOCAL, STATE AND FEDERAL CONSERVATION INITIATIVES.
EDUCATION AND PUBLIC OUTREACH TO FURTHER THE UNDERSTANDING OF THE CRITICAL NATURE OF PROTECTING AND CONSERVING THE AREA'S NATURAL RESOURCES. THE PROGRAM OVERSEES NUMEROUS PRESENTATIONS TO SCHOOLS AND THE GENERAL PUBLIC, AS WELL AS PREPARES EDUCATIONAL MATERIALS, NEWS RELEASES AND WEBSITE NEWS AND INFORMATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Kemp President | OfficerTrustee | 25 | $0 |
Elizabeth Lamb Secretary | OfficerTrustee | 3 | $0 |
Carole Bartol Vice President | OfficerTrustee | 3 | $0 |
Steve King Treasurer | OfficerTrustee | 6 | $0 |
Mark Byington Director | Trustee | 1 | $0 |
Babs Strickland Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $296,666 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $296,666 |
| Total Program Service Revenue | $0 |
| Investment income | $25,991 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $30,353 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $353,294 |
| 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 | $73,144 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,861 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,847 |
| Office expenses | $3,844 |
| Information technology | $487 |
| Royalties | $0 |
| Occupancy | $9,000 |
| Travel | $167 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $868 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $770 |
| Insurance | $15,433 |
| All other expenses | $10,572 |
| Total functional expenses | $167,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $389,110 |
| 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 | $0 |
| Net Land, buildings, and equipment | $893,228 |
| Investments—publicly traded securities | $830,874 |
| Investments—other securities | $32,198 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,145,410 |
| Accounts payable and accrued expenses | $1,985 |
| 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 | $1,985 |
| Unrestricted restricted net Assets | $1,251,539 |
| Temporarily restricted net Assets | $424,812 |
| Permanently restricted net Assets or current funds | $467,074 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $2,143,425 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pacolet Area Conservancy Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Conservation Trust For North Carolina Raleigh, NC PURPOSE: Assistance with transaction costs and land acquisition costs on land with high conservation values. | $15,000 |
Endowment Analysis
| Beg. Balance | $794,373 |
| Earnings | $70,353 |
| Admin Expense | $255 |
| Ending Balance | $863,072 |
Peer Organizations
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|---|---|---|
Nhnfp Healthcare Inc Atlanta, GA | $223,126,263 | $90,563,041 |
Georgia Tech Foundation Inc Atlanta, GA | $3,057,656,645 | $246,304,114 |
Providence Health Alliance Inc St Louis, MO | $27,745,143 | $62,779,739 |
Childrens Research Institute Washington, DC | $13,958,035 | $66,659,816 |
Public Interest Registry Reston, VA | $67,348,678 | $103,286,594 |
Aspire Health Partners Inc Orlando, FL | $88,783,924 | $102,481,660 |
Dixie Electric Power Assn Laurel, MS | $277,061,319 | $96,509,999 |
Alexian Brothers Ambulatory Group St Louis, MO | $321,335,814 | $68,677,417 |
Charity Global Inc Hagerstown, MD | $173,056,021 | $101,611,139 |
Truth Initiative Foundation Washington, DC | $1,008,096,015 | $92,158,475 |
Florida Charter Educational Foundation Inc Ft Lauderdale, FL | $156,543,730 | $97,506,587 |
Columbia College Columbia, MO | $267,475,036 | $84,570,180 |