Southern Appalachian Highlands Conservancy
- Assets
- $74.9m
- Revenue
- $12.7m
- Investments
- $0.0
- Employees
- 20
- Location
- Asheville, NC
- Founding
- 04/1975
- Data as of
- 06/2022
- EIN
- 62-1098890
Organization Overview
Southern Appalachian Highlands Conservancy is located in Asheville, NC. The organization was established in 1975. 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 06/2022, Southern Appalachian Highlands Conservancy employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Appalachian Highlands 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 06/2022, Southern Appalachian Highlands Conservancy generated $12.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $6.4m during the year ending 06/2022. While expenses have increased by 10.3% 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.
Since 2015, Southern Appalachian Highlands Conservancy has awarded 29 individual grants totaling $2,530,344. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CONSERVE THE UNIQUE PLANT AND ANIMAL HABITAT, CLEAN WATER, FARMLAND, SCENIC BEAUTY, AND PLACES FOR ALL PEOPLE TO ENJOY OUTDOOR RECREATION IN THE MOUNTAINS OF NORTH CAROLINA AND TENNESSEE, ENDURING FOR FUTURE GENERATIONS.
Describe the Organization's Program Activity:
OVER THE PAST FISCAL YEAR WE COMPLETED 14 MAJOR CONSERVATION TRANSACTIONS DISCUSSED BELOW WHICH PROTECTED 1,491 ACRES OF KEY MOUNTAIN LANDS. THIS INCLUDES 10 FEE SIMPLE PURCHASES, 3 CONSERVATION EASEMENT PURCHASES, AND 1 ASSIST TRANSACTION. THE TOTAL APPRAISED VALUE OF THE PURCHASE TRANSACTIONS WAS $6.5 MILLION. LANDOWNER DONATION VALUE WAS $1.6 MILLION. THE PURCHASE PRICE OF THE TRANSACTIONS WAS $5.3 MILLION. AT TIMES THE ORGANIZATION PURCHASES LAND BELOW APPRAISED VALUE IN TRANSACTIONS THAT WERE NOT PLANNED TO BE BARGAIN PURCHASES. IN THIS TAX YEAR THAT DIFFERENCE TOTALED $0.5 MILLION.
THE $5.3 MILLION CAME IN THE FORM OF PRIVATE PHILANTHROPIC CONTRIBUTIONS AND FEDERAL AND STATE GRANTS. WE ARE NOW WORKING ON MORE THAN 30 SIGNIFICANT TRANSACTIONS, WHICH WE HOPE WILL PROTECT ANOTHER 11,000 ACRES IN THE NEXT 12-18 MONTHS. OUR FARMLAND ACCESS PROGRAM SUPPORTS LOCAL COMMUNITIES, LOCAL FOOD PRODUCTION, AND THE LONG-TERM PRODUCTIVE USE OF FARMLAND. WE WORK WITH DIFFERENT MEMBERS OF THE FARMING COMMUNITY TO ENSURE THAT OUR AGRICULTURAL RESOURCES STAY PRODUCTIVE - PROVIDING LOCAL FOOD FROM LOCAL FARMS.
WE CONTINUE TO WORK TOWARD OUR GOALS TO PROTECT AND STEWARD LAND, AND TO ADVANCE OPPORTUNITIES FOR ACCESS TO LAND, IN ORDER TO CARRY OUT SAHC'S VISION AND MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Silverstein Executive Director | Officer | 40 | $120,294 |
Matt Moses President | OfficerTrustee | 2 | $0 |
Nancy Edgerton Vice President | OfficerTrustee | 2 | $0 |
Sheryl Aikman Treasurer | OfficerTrustee | 2 | $0 |
Tom Williams Secretary | OfficerTrustee | 2 | $0 |
Sarah Davis Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Michael Jenkins Construction | 6/29/22 | $128,840 |
Kee Mapping Surveying Surveying | 6/29/22 | $140,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,073,530 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,959,305 |
| Noncash contributions included in lines 1a–1f | $2,318,763 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,032,835 |
| Total Program Service Revenue | $16,522 |
| Investment income | $168,451 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $39,540 |
| Net Gain/Loss on Asset Sales | $386,368 |
| Net Income from Fundraising Events | $6,011 |
| Net Income from Gaming Activities | $2,210 |
| Net Income from Sales of Inventory | $3,234 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,655,425 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $110,440 |
| 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. | $156,536 |
| Compensation of current officers, directors, key employees. | $31,308 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $967,591 |
| Pension plan accruals and contributions | $23,017 |
| Other employee benefits | $113,051 |
| Payroll taxes | $80,908 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,909 |
| Fees for services: Accounting | $22,640 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $65,296 |
| Fees for services: Other | $128,819 |
| Advertising and promotion | $3,328 |
| Office expenses | $52,657 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $83,466 |
| Travel | $18,465 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,301 |
| Interest | $53,390 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $85,192 |
| Insurance | $43,507 |
| All other expenses | $262,397 |
| Total functional expenses | $6,396,426 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,921,535 |
| Savings and temporary cash investments | $2,534,819 |
| Pledges and grants receivable | $648,564 |
| 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 | $108,153 |
| Prepaid expenses and deferred charges | $23,484 |
| Net Land, buildings, and equipment | $57,310,518 |
| Investments—publicly traded securities | $4,936,681 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,416,268 |
| Total assets | $74,900,022 |
| Accounts payable and accrued expenses | $67,331 |
| Grants payable | $0 |
| Deferred revenue | $1,771,000 |
| 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 | $1,839,070 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,677,401 |
| Net assets without donor restrictions | $14,902,215 |
| Net assets with donor restrictions | $56,320,406 |
| 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 | $74,900,022 |
Grants Awarded
Over the last fiscal year, Southern Appalachian Highlands Conservancy has awarded $529,595 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: Land Conservation | $300,000 |
NC DEPT OF ADMINISTRATION PURPOSE: Land Conservation | $192,375 |
West Jefferson, NC PURPOSE: Environmental Enhancement | $31,000 |
Morganton, NC PURPOSE: Environmental Enhancement | $6,220 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Southern Appalachian Highlands Conservancy has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Marcotte Family Foundation Inc Asheville, NC PURPOSE: PROGRAM OPERATIONS | $5,000 |
Bailey Family Foundation Inc Vero Beach, FL PURPOSE: CHARITABLE PURPOSES | $5,000 |
Endowment Analysis
| Beg. Balance | $4,592,114 |
| Earnings | -$897,823 |
| Admin Expense | $47,333 |
| Net Contributions | $2,470,328 |
| Other Expense | $193,880 |
| Ending Balance | $5,923,406 |
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 |