Land Trust For Tennessee Inc is located in Nashville, TN. The organization was established in 1999. 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 03/2022, Land Trust For Tennessee Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Land Trust For Tennessee 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 03/2022, Land Trust For Tennessee Inc generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $2.9m during the year ending 03/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CONSERVE THE UNIQUE CHARACTER OF TENNESSEE'S NATURAL AND HISTORIC LANDSCAPES AND SITES FOR FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSERVATION SUCCESS: DURING FISCAL YEAR 2022, THE ORGANIZATION COMPLETED 18 PROJECTS, PROTECTING 2,455 ACRES OF LAND IN TENNESSEE. 17 OF THESE PROPERTIES WERE PROTECTED WITH CONSERVATION EASEMENTS, THE ORGANIZATION'S PRIMARY TOOL FOR CONSERVING LAND. IN ADDITION, THE ORGANIZATION ASSISTED A PRIVATE LANDOWNER AND THE STATE OF TENNESSEE WITH A DONATION OF 144 ACRES AS AN ADDITION TO T.O. FULLER STATE PARK IN MEMPHIS. NINE OF THESE 15 PROJECTS ARE LOCATED IN ONE OF THE ORGANIZATION'S TEN CONSERVATION OPPORTUNITY REGIONS (CORS), WHICH ARE THE PRIORITY AREAS ESTABLISHED THROUGH THE ORGANIZATION'S STRATEGIC CONSERVATION PLAN FOREVER TENNESSEE. SEVEN PROJECTS ARE LOCATED IN ONE OF THE TOP TEN FASTEST GROWING COUNTIES IN TENNESSEE. THE PERMANENT PROTECTION OF THESE PROPERTIES RESULTED IN THE PRESERVATION OF 6.6 MILES OF PUBLIC ROAD FRONTAGE AND 8.5 MILES OF TENNESSEE'S RIVERS AND STREAMS. STEWARDSHIP: DESPITE CHALLENGES DUE TO COVID-19, THE ORGANIZATION COMPLETED 100% OF ITS ANNUAL MONITORING OF 394 PROPERTIES THROUGH BOTH IN-PERSON VISITS AND THROUGH SATELLITE IMAGERY. MONITORING IS A CRITICAL PART OF THE ORGANIZATION'S COMMITMENT TO UPHOLD ITS PROMISE OF PROTECTING LAND IN PERPETUITY. DUE TO PEOPLE BEING AT HOME AND ON THEIR LANDS MORE (COMBINED WITH A BOOMING REAL ESTATE MARKET), THE ORGANIZATION'S STEWARDSHIP STAFF SAW A SIGNIFICANT INCREASE IN OTHER STEWARDSHIP ACTIVITIES SUCH AS ACTIVITY REQUESTS, APPROVALS, EASEMENT INTERPRETATIONS, AND PROPERTY TRANSFERS. FUNDRAISING SUCCESS: THE ORGANIZATION HAD A STRONG FUNDRAISING YEAR AND WAS ABLE TO MEET ITS ANNUAL FUNDRAISING GOALS. THE ORGANIZATION DEBUTED A NEW MUSIC ON THE FARM FUNDRAISING EVENT IN MAY 2021, WHICH PROVIDED AN ADDITIONAL REVENUE SOURCE AND DONOR CULTIVATION OPPORTUNITY. THE ORGANIZATION HOSTED ITS ANNUAL ONCE IN A BLUE MOON FUNDRAISING EVENT AT GLEN LEVEN FARM AND ACHIEVED THE EVENT'S HIGHEST SPONSORSHIP REVENUE TO DATE. IN ADDITION, THE ORGANIZATION RAISED $950,000 FOR WALDEN'S RIDGE PARK, A MULTI-USE PARK LOCATED JUST OUTSIDE OF CHATTANOOGA. PARK PARTNERS HAVE WORKED TOGETHER TO COMPLETE 11 MILES OF TRAILS ON THE PROPERTY, 4 MOUNTAIN-BIKE SPECIFIC TRAILS, AND 31 BOULDERS FOR CLIMBING. THE PARK IS NEARING COMPLETION AND WILL BE TRANSFERRED TO HAMILTON COUNTY IN LATE 2022. OUTREACH AND ENGAGEMENT: IN ADDITION TO UTILIZING OUTREACH METHODS THROUGH SOCIAL MEDIA, AND OTHER VIRTUAL PLATFORMS, THE ORGANIZATION HAS ENGAGED IN-PERSON AUDIENCES BY ATTENDING TABLING EVENTS AND HOSTING PROGRAMS AND VOLUNTEER EVENTS AT GLEN LEVEN FARM. THIS INCLUDES VIRTUAL STEAM EXPEDITIONS WITH METRO NASHVILLE PUBLIC SCHOOL 6TH GRADERS, IN-PERSON FIELD STUDIES WITH KINDERGARTEN THROUGH SECOND GRADERS, MONTHLY NATURE HIKES FOR MIDDLE TENNESSEE FAMILIES, MONTHLY VOLUNTEER OPPORTUNITIES, AND STEAM EDUCATION KITS THAT WERE DISTRIBUTED TO TEACHERS AND STUDENTS ACROSS THE STATE. GLEN LEVEN FARM: THE ORGANIZATION WORKED IN PARTNERSHIP WITH NELSON BYRD WOLTZ LANDSCAPE ARCHITECTS TO COMPLETE A CULTURAL LANDSCAPE SYNTHESIS AND COMPREHENSIVE LANDSCAPE PLAN FOR GLEN LEVEN FARM, THE 64-ACRE HISTORIC FARM OWNED BY THE ORGANIZATION SINCE 2006. THE PLANS WILL ALLOW US TO TELL A FULLER HISTORY, EXPAND EDUCATIONAL, OUTREACH, AND REVENUE OPPORTUNITIES, AND TRANSFORM GLEN LEVEN FARM INTO ONE OF THE MOST INSPIRING, RELEVANT CULTURAL LANDSCAPES IN THE SOUTHEAST. WITH THIS PLAN IN HAND, THE ORGANIZATION POISED TO TAKE GLEN LEVEN FARM TO THE NEXT LEVEL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elizabeth Mclaurin President/ceo | OfficerTrustee | 40 | $167,918 |
Emily Parish Vice President | Officer | 40 | $122,503 |
Paul Malone Director Of Finance (start Date 6/14/2022) | Officer | 40 | $48,349 |
Mark Manner Chair | OfficerTrustee | 2 | $0 |
Martin Brown Jr Secretary | OfficerTrustee | 2 | $0 |
David Darst Treasurer | OfficerTrustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Cummins Station Llc Office Space Rental | 3/30/18 | $127,737 |
United Healthcare Insurance | 3/30/18 | $145,778 |
Merrill Construction Group Construction | 3/30/18 | $159,304 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $266,756 |
Related organizations | $0 |
Government grants | $249,312 |
All other contributions, gifts, grants, and similar amounts not included above | $3,365,010 |
Noncash contributions included in lines 1a–1f | $93,701 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,881,078 |
Total Program Service Revenue | $0 |
Investment income | $418,503 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$201,621 |
Net Income from Fundraising Events | -$21,843 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,129,324 |
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. | $366,154 |
Compensation of current officers, directors, key employees. | $102,447 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $881,680 |
Pension plan accruals and contributions | $17,808 |
Other employee benefits | $115,132 |
Payroll taxes | $85,839 |
Fees for services: Management | $0 |
Fees for services: Legal | $10,406 |
Fees for services: Accounting | $23,776 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $46,958 |
Fees for services: Other | $1,290 |
Advertising and promotion | $5,817 |
Office expenses | $23,484 |
Information technology | $66,547 |
Royalties | $0 |
Occupancy | $94,680 |
Travel | $35,510 |
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 | $101,424 |
Insurance | $86,143 |
All other expenses | $42,600 |
Total functional expenses | $2,864,979 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $5,388,178 |
Pledges and grants receivable | $161,122 |
Accounts receivable, net | $2,754 |
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 | $38,519 |
Net Land, buildings, and equipment | $9,474,643 |
Investments—publicly traded securities | $0 |
Investments—other securities | $8,979,876 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $24,045,092 |
Accounts payable and accrued expenses | $270,525 |
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 | $270,525 |
Net assets without donor restrictions | $13,651,050 |
Net assets with donor restrictions | $10,123,517 |
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 | $24,045,092 |
Over the last fiscal year, we have identified 3 grants that Land Trust For Tennessee Inc has recieved totaling $17,500.
Awarding Organization | Amount |
---|---|
Dolan Gardens Foundation Signal Mountain, TN PURPOSE: LAND CONSERVATION | $15,000 |
The Fullgraf Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,500 |
Oak Tree Charitable Trust Gallatin, TN PURPOSE: CONSERVE LAND IN TN | $1,000 |
Beg. Balance | $3,296,200 |
Earnings | $31,691 |
Admin Expense | $16,157 |
Other Expense | $61,043 |
Ending Balance | $3,250,691 |
Organization Name | Assets | Revenue |
---|---|---|
Volgenau Foundation Mclean, VA | $0 | $62,996,362 |
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 |
Land Trust For Tennessee Inc Nashville, TN | $24,045,092 | $4,129,324 |
Athens Land Trust Inc Athens, GA | $9,139,569 | $3,608,954 |
Triangle Land Conservancy Inc Durham, NC | $152,779,230 | $18,713,081 |