Cayucos Land Conservancy
- Assets
- $2.6m
- Revenue
- $226.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Cayucos, CA
- Founding
- 06/1999
- Data as of
- 12/2023
- EIN
- 77-0506896
Organization Overview
Cayucos Land Conservancy is located in Cayucos, CA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cayucos 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 12/2023, Cayucos Land Conservancy generated $226.5k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $46.0k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE CAYUCOS LAND CONSERVANCY IS COMMITTED TO THE ENDURING PRESERVATION OF THE RURAL GREENBELT THAT SURROUNDS CAYUCOS, CALIFORNIA. PRESERVING THIS HISTORIC AND STUNNING OPEN SPACE IS THE PRIMARY GOAL OF THE LAND CONSERVANCY, SO THAT FUTURE GENERATIONS ENJOY THIS PLACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FORM 990, PART III, LINE 4A - THROUGH A LAND PRESERVATION AGREEMENT DEEDED IN 1999, THE CAYUCOS LAND CONSERVANCY CLC PARTICIPATES IN THE MANAGEMENT OF THE 355 ACRES AT THE ESTERO BLUFFS STATE PARK, A FOUR MILE COASTAL TERRACE NORTH OF CAYUCOS AND THE CROWN JEWEL OF CLC'S ACCOMPLISHMENTS. THE BLUFFS WALKS PROGRAM OFFERS GUIDED HIKES ON THE BLUFFS SEVERAL TIMES PER YEAR WITH GUIDES WHO ARE EXPERTS ON SOME ASPECT OF THE PROPERTY'S VALUABLE NATURAL RESOURCES. ADDITIONALLY, PERIODIC VOLUNTEER WORK DAYS ARE HELD. CLC CONTINUALLY WORKS TO ADDRESS ACCESS, RESOURCE, AND VISITOR RELATED ISSUES. CLC CONTINUES TO WORK TO PRESERVE THE HILLSIDE LOTS IN THE TWO ANTIQUATED SUBDIVISIONS OVERLOOKING CAYUCOS AND THE COASTAL TERRACE AND HILLSIDES SOUTH OF CAYUCOS. CLC CURRENTLY OWNS 418 OF THOSE PARCELS, 39 ACRES, MANY OF WHICH ARE GEOLOGICALLY UNSTABLE AND THEREFORE UNBUILDABLE. ALL THE LOTS ARE OUTSIDE THE URBAN RESERVE LINE, CLC'S GOAL IS TO PRESERVE THESE HILLS AS PART OF THE GREENBELT AROUND CAYUCOS. THE SAN GERONIMO RANCH LAND PRESERVATION AGREEMENT WAS FINALIZED IN MAY 2007. BY ENTERING INTO A VOLUNTARY AGREEMENT WITH THE OWNER OF THE APPROXIMATELY 865 ACRE RANCH, CLC HAS ENSURED THAT THE NORTHERN GATEWAY TO CAYUCOS WILL CONTINUE TO BE A WORKING RANCH THAT RETAINS ITS AGRICULTURAL CHARACTER FOREVER. SUPPORTERS OF CLC WERE ESSENTIAL TO THE SUCCESS OF THIS PURCHASE, CONTRIBUTING OVER $120,000 TOWARD THE PURCHASE PRICE. AS OF DECEMBER 31, 2023, THE CONSERVANCY HAS COMPLETED CONSERVATION TRANSACTIONS PROTECTING 1,220 ACRES OF LAND IN SAN LUIS OBISPO COUNTY. CLC CONTINUES TO OFFER, AND WORKS TO DEVELOP ADDITIONAL, PROGRAMS TO EDUCATE THE COMMUNITY ABOUT THE VALUES OF OPEN SPACE IN RELATION TO QUALITY OF LIFE. CAYUCOS LAND CONSERVANCY IS PRESERVING OUR IMPORTANT PLACES FOR FUTURE GENERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn Oelker President | OfficerTrustee | 10 | $0 |
Louisa Smith Secretary | OfficerTrustee | 10 | $0 |
Greg Bettencourt Director | Trustee | 5 | $0 |
Malina Hills Vice President | OfficerTrustee | 10 | $0 |
Carol Warden Director | Trustee | 5 | $0 |
Mary Bettencourt Director | Trustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $80,155 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $106,033 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $186,188 |
| Total Program Service Revenue | $0 |
| Investment income | $40,313 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $226,501 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $64 |
| Fees for services: Accounting | $8,766 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,695 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,960 |
| Office expenses | $5,212 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,710 |
| Travel | $2,950 |
| 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 | $2,512 |
| All other expenses | $488 |
| Total functional expenses | $45,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,589 |
| Savings and temporary cash investments | $546,106 |
| 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 | $589,555 |
| Investments—publicly traded securities | $1,396,803 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,613,053 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,482,430 |
| Net assets with donor restrictions | $1,130,623 |
| 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 | $2,613,053 |