Piedmont Land Conservancy
- Assets
- $20.3m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 11
- Location
- Greensboro, NC
- Founding
- 08/1990
- Data as of
- 06/2021
- EIN
- 56-1704433
Organization Overview
Piedmont Land Conservancy is located in Greensboro, NC. The organization was established in 1990. 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 06/2021, Piedmont Land Conservancy employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Piedmont Land Conservancy 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 06/2021, Piedmont Land Conservancy generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $2.3m during the year ending 06/2021. While expenses have increased by 8.8% 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 MISSION OF PIEDMONT LAND CONSERVANCY IS TO PROTECT NATURAL AND SCENIC LANDS, FARMS, AND GREEN SPACE IN PIEDMONT NORTH CAROLINA TO ENRICH THE QUALITY OF LIFE FOR OUR COMMUNITIES AND FOR FUTURE GENERATIONS. ITS GOALS ARE TO CONSERVE, ACQUIRE, AND MANAGE NATURAL AREAS IN PIEDMONT NORTH CAROLINA; TO PROTECT ENDANGERED OR SIGNIFICANT NATURAL SPECIES OF FLORA AND FAUNA; TO PRESERVE AREAS WITH SIGNIFICANT TOPOGRAPHICAL FEATURES; TO MAINTAIN THE BIOLOGICAL DIVERSITY AND ECOLOGICAL INTEGRITY OF THE BIOREGION, INCLUDING ITS AIR AND WATER QUALITY; TO PRESERVE THE RURAL AND CULTURAL HERITAGE OF THE REGION;TO FULFILL THE HUMAN NEED FOR SCENIC LAND AND OPEN SPACE; TO PROVIDE OPPORTUNITIES FOR LEARNING FROM AND ENJOYING THE NATURAL WORLD; AND TO ENHANCE AND BETTER OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAND PROTECTION PROJECTS - DURING 2021, PIEDMONT LAND CONSERVANCY PLACED 1229 ACRES OF PROPERTY UNDER PERMANENT CONSERVATION EASEMENTS AT A COST OF $1,210,795, ACQUIRED 552 ACRES OF PROPERTY AT A COST OF $2,149,861. IT ALSO BEGAN WORK ON SEVERAL OTHER PROJECTS THAT ARE EXPECTED TO RESULT IN PROPERTY BEING PROTECTED IN FISCAL 2022.
PUBLIC EDUCATION - PIEDMONT LAND CONSERVANCY CONDUCTED SEVERAL COMMUNITY EVENTS DESIGNED TO INCREASE PUBLIC AWARENESS OF THE CRITICAL NEED TO PRESERVE OPEN SPACES AND FARMLAND IN THE RAPIDLY-DEVELOPING PIEDMONT AREA OF NORTH CAROLINA. THESE EVENTS INCLUDED OPEN HOUSES AND CLEAN-UP SESSIONS OF PROTECTED PROPERTIES, VISITS TO SCHOOLS, PRESENTATIONS TO CIVIC CLUBS AND CHURCH GROUPS, AND OTHER MEANS OF INCREASING AWARENESS OF THE NEED FOR LAND PRESERVATION. DUE TO COVID-19 PROTOCOLS, THE NUMBER OF EVENTS WAS DOWN FROM PREVIOUS YEARS.
LAND STEWARDSHIP - MOST OF THE LAND PROTECTION PROJECTS OF THE ORGANIZATION CARRY A PERPETUAL STEWARDSHIP OBLIGATION. PIEDMONT LAND CONSERVANCY IS CHARGED WITH MONITORING THE USE OF PROPERTY UNDER CONSERVATION EASEMENTS. IN FULFILLING THIS RESPONSIBILITY, AGENCY PERSONNEL VISIT ALL PROTECTED PROPERTIES AT LEAST ONCE ANNUALLY TO OBSERVE THE PROPERTY FOR APPROPRIATE USES UNDER THE EASEMENT OR PURCHASE AGREEMENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Redding Executive Director, Asst. | Officer | 40 | $108,000 |
Will Truslow Director,vice President | OfficerTrustee | 1 | $0 |
Katherine L Homiller Director, Treasurer | OfficerTrustee | 3 | $0 |
Fred Berry Director,president | OfficerTrustee | 3 | $0 |
Matt Perry Director, Secretary | OfficerTrustee | 3 | $0 |
Frankie T Jones Sr Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,615,843 |
| Investment income | $208,450 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $28,252 |
| Net Gain/Loss on Asset Sales | $261,807 |
| Net Income from Fundraising Events | $699 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,138,083 |
| Statement of Expenses | |
|---|---|
| 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. | $108,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $441,602 |
| Pension plan accruals and contributions | $16,529 |
| Other employee benefits | $61,181 |
| Payroll taxes | $42,151 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,071 |
| Fees for services: Accounting | $23,371 |
| 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 | $2,773 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,076 |
| Travel | $11,845 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $33,632 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,654 |
| Insurance | $16,324 |
| All other expenses | $0 |
| Total functional expenses | $2,304,608 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $299,246 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,023,512 |
| Accounts receivable, net | $482,281 |
| 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 | $15,686 |
| Investments—publicly traded securities | $4,719,889 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,712,368 |
| Total assets | $20,257,441 |
| Accounts payable and accrued expenses | $67,340 |
| 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 | $250,651 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $820,365 |
| Total liabilities | $1,138,356 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $19,119,085 |
Grants Recieved
Over the last fiscal year, we have identified 21 grants that Piedmont Land Conservancy has recieved totaling $1,344,605.
| Awarding Organization | Amount |
|---|---|
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $639,850 |
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 50 GRANT(S) FOR VARYING PURPOSES | $183,394 |
Community Foundation Of Greater Greensboro Inc Greensboro, NC PURPOSE: GENERAL SUPPORT | $172,056 |
Legatus Foundation Winstonsalem, NC PURPOSE: GENERAL SUPPORT | $100,206 |
Legatus Foundation Winstonsalem, NC PURPOSE: CAPITAL CAMPAIGN PLEDGE | $78,403 |
North Carolina Horse Council Raleigh, NC PURPOSE: TRAIL GRANT | $50,000 |
Endowment Analysis
| Beg. Balance | $2,878,536 |
| Earnings | $843,284 |
| Admin Expense | $40,925 |
| Net Contributions | $162,970 |
| Other Expense | $104,385 |
| Ending Balance | $3,739,480 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Endowment Forforestry And Communities Inc Greenville, SC | $281,516,467 | $12,302,581 |
Volgenau Foundation Mclean, VA | $0 | $62,996,362 |
Beaufort County Open Land Trust Inc Beaufort, SC | $14,492,807 | $10,201,216 |
Southern Appalachian Highlands Conservancy Asheville, NC | $74,900,022 | $12,655,425 |
Piedmont Environmental Council Warrenton, VA | $11,176,423 | $6,128,085 |
Ward Burton Wild Life Foundation Halifax, VA | $25,797,227 | $8,618,554 |
Mainspring Conservation Trust Inc Franklin, NC | $16,628,331 | $8,106,773 |
Conserving Carolina Hendersonville, NC | $28,294,759 | $6,454,871 |
Blue Ridge Conservancy Boone, NC | $19,039,159 | $5,980,472 |
North Carolina Coastal Land Trust Wilmington, NC | $57,014,249 | $7,074,843 |
Three Rivers Land Trust Inc Salisbury, NC | $28,118,166 | $3,204,068 |
Lowcountry Land Trust Inc Charleston, SC | $27,548,419 | $2,955,338 |