Oregon Agricultural Trust Inc
- Assets
- $2.4m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 10
- Location
- Salem, OR
- Founding
- Data as of
- 12/2023
- EIN
- 84-3396259
Organization Overview
Oregon Agricultural Trust Inc is located in Salem, OR. 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 12/2023, Oregon Agricultural Trust Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oregon Agricultural Trust 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 12/2023, Oregon Agricultural Trust Inc generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $1.4m 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
OREGON AGRICULTURAL TRUST PARTNERS WITH FARMERS AND RANCHERS TO PROTECT AGRICULTURAL LANDS FOR THE BENEFIT OF OREGONS ECONOMY, COMMUNITIES, AND LANDSCAPES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAND PROTECTION THE ORGANIZATION HELPS OREGON FARMERS AND RANCHERS PERMANENTLY PROTECT THEIR LAND AND KEEP IT IN PRODUCTION. LANDOWNERS MAY DONATE THEIR PROPERTY OR CONVEY A WORKING LAND EASEMENT TO REMOVE DEVELOPMENT RIGHTS THAT INTERFERE WITH FARMING. IN EXCHANGE, LANDOWNERS CAN RECEIVE A CHARITABLE TAX CREDIT AND/OR CASH, WHICH CAN BE PARTICULARLY USEFUL IN SUCCESSION PLANNING OR BUSINESS EXPANSION.EDUCATION SUCCESSION PLANNING IS ESSENTIAL FOR PASSING A FARM OR RANCH TO THE NEXT GENERATION, AND EASEMENTS CAN HELP WITH THIS PROCESS WHILE PRESERVING THE LAND FOREVER. NOT ONLY DO FARMERS AND RANCHERS NEED INFORMATION ABOUT HOW TO PASS ON THEIR LEGACIES, BUT ATTORNEYS, ACCOUNTANTS, APPRAISERS, THE PUBLIC, AND DECISION MAKERS NEED INFORMATION IN ORDER TO HELP. THE ORGANIZATION PARTNERS TO EDUCATE ALL OREGONIANS ABOUT WHY AND HOW TO PROTECT OUR AGRICULTURAL LANDSCAPES.TECHNICAL ASSISTANCE THE ORGANIZATIONS GOAL IS TO INCREASE THE PROTECTION OF AGRICULTURAL LANDS IN THE STATE. THIS CAN BE ACCOMPLISHED BY THE ORGANIZATION HOLDING EASEMENTS, BUT ALSO THROUGH THE INCREASED CAPACITY OF FELLOW LAND TRUSTS AND OTHER EASEMENT HOLDERS. THE ORGANIZATION SUPPORTS OUR PEER ORGANIZATIONS AS THEY CONSERVE AGRICULTURAL LANDS IN THEIR REGIONS. THIS INCLUDES REFERRALS, CONSULTATIONS, BRAINSTORMING PROJECTS, AND PARTNERING IN SOME WAY (E.G., GRANT WRITING) ON PROJECTS THAT RESULT IN THE PROTECTION OF AGRICULTURAL LANDS.ADVOCACY SEVERAL FEDERAL, STATE, AND LOCAL FUNDING PROGRAMS PAY OREGON FARMERS AND RANCHERS TO PRESERVE THEIR LANDS. FROM THE FEDERAL ACEP-ALE PROGRAM TO THE OREGON AGRICULTURAL HERITAGE PROGRAM, THESE PROGRAMS SUPPORT THE PUBLIC BENEFITS OF FOOD SECURITY, CONSERVATION, OPEN SPACE, AND THRIVING RURAL ECONOMIES. YET PROGRAM FUNDING IS NOT GUARANTEED AND IS USUALLY NOT ENOUGH TO MEET THE DEMAND. THE ORGANIZATION SUPPORTS THE COALITION OF OREGON LAND TRUSTS ADVOCACY FOR LEGISLATION AND FUNDING THAT INCREASE WORKING LAND PRESERVATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nellie Mcadams Executive Dir. | Officer | 40 | $93,748 |
Kimberlee Chambers President | OfficerTrustee | 1 | $0 |
Michael Wilson Vice President | OfficerTrustee | 1 | $0 |
Tim Copeland Secretary | OfficerTrustee | 1 | $0 |
Valentin Celaya Treasurer | Trustee | 1 | $0 |
Megan Thompson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $182,583 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,204,380 |
| Noncash contributions included in lines 1a–1f | $34,975 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,386,963 |
| Total Program Service Revenue | $20,905 |
| Investment income | $23,366 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $840 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,433,890 |
| 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. | $117,532 |
| Compensation of current officers, directors, key employees. | $24,733 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $488,709 |
| Pension plan accruals and contributions | $17,901 |
| Other employee benefits | $97,132 |
| Payroll taxes | $50,753 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $214,641 |
| Advertising and promotion | $0 |
| Office expenses | $17,564 |
| Information technology | $2,440 |
| Royalties | $0 |
| Occupancy | $1,816 |
| Travel | $47,996 |
| 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 | $10,927 |
| Insurance | $7,317 |
| All other expenses | $0 |
| Total functional expenses | $1,386,817 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200,000 |
| Savings and temporary cash investments | $1,352,744 |
| Pledges and grants receivable | $176,342 |
| 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 | $10,978 |
| Net Land, buildings, and equipment | $1,890 |
| Investments—publicly traded securities | $625,425 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $9,667 |
| Other assets | $0 |
| Total assets | $2,377,046 |
| Accounts payable and accrued expenses | $122,137 |
| 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 | $122,137 |
| Net assets without donor restrictions | $2,059,909 |
| Net assets with donor restrictions | $195,000 |
| 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 | $2,377,046 |