West Colebrook Farm Company is located in Colebrook, CT. The organization was established in 2019. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Colebrook Farm Company is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
WEST COLEBROOK FARM IS A 50 ACRE FARM OWNED AND OPERATED BY THE NONPROFIT WEST COLEBROOK FARM COMPANY IN COLEBROOK, CONNECTICUT IN LITCHFIELD COUNTY (THE FARM), FOUNDED IN 2018 IN ORDER TO PRESERVE AN HISTORIC 18TH CENTURY FARM, TO FOSTER INTEREST IN FARMING AND OTHER TRADITIONAL AGRICULTURAL ACTIVITIES SUCH AS MILLING, AND TO MAKE LOCALLY PRODUCED FARM PRODUCTS AVAILABLE TO THE TOWN AND NEARBY COMMUNITY. THE FARM IS ONE OF COLEBROOKS OLDEST 18TH CENTURY COLONIAL PROPERTIES, SETTLED BY REVOLUTIONARY WAR VETERAN LIEUTENANT JOHN PHELPS AND HIS WIFE BETSY PHELPS IN 1781, AND DEVELOPED BY HIS SONS CHARLES AND RALZEMON PHELPS AND THEIR DESCENDANTS INTO AN OVER 500 ACRE PROPERTY INCLUDING LIVESTOCK AND PASTURES, HAY FIELDS, SAW MILL, ICE POND AND QUARRY. THE PHELPS WERE GENEROUS BENEFACTORS OF THE TOWN OF COLEBROOK, INCLUDING DONATING FLOWERS TO THE CHURCH AND STONE FROM THEIR QUARRY TO BUILD THE GATES TO THE COLEBROOK CENTER CEMETERY, WHERE CHARLES AND RALZEMON AND THEIR FAMILIES REST.TODAY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James H Rossman Director | 5 | $0 | |
Elizabeth W Rossman Treasurer | 10 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $92,929 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$187,585 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $604 |
Total Revenue | -$94,052 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $87,606 |
Occupancy | $23,847 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $35,696 |
Total operating and administrative expenses | $149,649 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $149,649 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $100 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $1,086,954 |
Other assets | $0 |
Total assets | $1,087,054 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $16,881 |
Other liabilities | $0 |
Total liabilities | $16,881 |
Over the last fiscal year, we have identified 2 grants that West Colebrook Farm Company has recieved totaling $343,126.
Awarding Organization | Amount |
---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $171,563 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $171,563 |
Organization Name | Assets | Revenue |
---|---|---|
Society For The Preservation Of New England Antiquities Inc Boston, MA | $149,018,347 | $24,101,977 |
Museum Of Jewish Heritage A Living Memorial To The Holocaust New York, NY | $55,434,280 | $9,656,219 |
National Baseball Hall Of Fame And Museum Inc Cooperstown, NY | $59,891,798 | $13,912,990 |
Museum Of The City Of New York New York, NY | $66,852,822 | $13,898,529 |
Old Sturbridge Inc Sturbridge, MA | $21,603,377 | $13,063,304 |
Plimoth Patuxet Museums Inc Plymouth, MA | $39,663,068 | $8,933,676 |
Lower East Side Tenement Museum New York, NY | $36,923,048 | $8,687,426 |
Historic Deerfield Inc Deerfield, MA | $76,973,698 | $8,334,092 |
Heritage Plantation Of Sandwich Inc Sandwich, MA | $34,658,032 | $6,604,835 |
Genesee Country Museum Mumford, NY | $24,289,826 | $5,606,616 |
Fenimore Art Museum New York, NY | $63,527,114 | $3,838,046 |
Farmers Museum Inc New York, NY | $82,300,614 | $4,849,865 |