Skagit Land Trust
- Assets
- $29.6m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 10
- Location
- Mount Vernon, WA
- Founding
- 10/1996
- Data as of
- 03/2023
- EIN
- 91-1533402
Organization Overview
Skagit Land Trust is located in Mount Vernon, WA. The organization was established in 1996. 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 03/2023, Skagit Land Trust employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skagit Land Trust 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 03/2023, Skagit Land Trust generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $1.7m during the year ending 03/2023. While expenses have increased by 14.8% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SKAGIT LAND TRUST PROTECTS LAND TO PASS ON HEALTHY ECOSYSTEMS. WE ALSO PROTECT PLACES THAT ENHANCE ALL PEOPLE'S QUALITY OF LIFE. WE WORK WITH COMMUNITY MEMBERS TO STEWARD PROTECTED LANDS. CONSERVATION AND STEWARDSHIP OF LAND ARE FOUNDATIONAL PROGRAMS. OTHER AREAS OF FOCUS INCLUDE: EDUCATION AND OUTREACH INCLUDING A YOUTH PROGRAM AND A CITIZEN SCIENCE PROGRAM; PUBLIC POLICY; AND; JUSTICE, EQUITY, DIVERSITY AND INCLUSION IN CONSERVATION. PARTNERSHIP IS A KEY VALUE IN ALL WE DO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAND CONSERVATION: 12 LAND CONSERVATION PROJECTS WERE COMPLETED PROTECTING 587 ACRES OF LAND AND 1.8 MILES OF MARINE AND FRESHWATER SHORELINE. THESE WERE 7 FEE LAND ACQUISITIONS OF NATIVE FORESTS, WILDLIFE HABITAT, WETLANDS, AND MARINE AREAS; 3 CE'S TOTALING 266 ACRES INCLUDING 253 MORE ACRES PROTECTED IN THE ANACORTES COMMUNITY FOREST LANDS; 2 PROJECTS ASSISTING PARTNERS INCLUDING ADDING 78 ACRES TO DECEPTION PASS STATE PARK. NEW PROJECTS WERE INITIATED INCLUDING PROJECTS TO PROTECT LAND FOR PARKS, WORKING FORESTS AND FARMLANDS.
STEWARDSHIP: SLT'S STEWARDSHIP PROGRAM MONITORED AND/OR MANAGED 7,700 ACRES IN 90 DISTINCT CONSERVATION AREAS AND CONSERVATION EASEMENTS. WORK INCLUDED INVASIVE SPECIES REMOVAL, PLANTING 2000 NATIVE TREES & SHRUBS, TRAIL BUILDING, WILDLIFE HABITAT ENHANCEMENT, & REMOVING DILAPIDATED STRUCTURES, VEHICLES, AND DEBRIS FROM CONSERVATION AREAS. 34 VOLUNTEER LAND STEWARDS AND 180 STEWARDSHIP VOLUNTEERS ASSISTED. RESTORATION PLANNING WAS CARRIED OUT INCLUDING FOR THE SAMISH ISLAND ISTHMUS. STEWARDSHIP WORKED WITH NUMEROUS PARTNERS AND ADVANCED NEW COLLABORATIVE PROJECTS WITH LANDOWNERS, TRIBES, BUSINESSES, AND AGENCIES.
OUTREACH: BROAD COMMUNITY ENGAGEMENT WAS A FOCUS. 358 INDIVIDUALS GAVE A COMBINED 5880 VOLUNTEER HOURS TO SLT. SLT PARTNERED WITH OVER 40 SCHOOLS, ORGANIZATIONS, AND AGENCIES TO ACCOMPLISH THEIR MISSION. SLT EXPANDED A HERON-MONITORING PROGRAM FOR THE MARCH POINT HERONRY WITH VOLUNTEERS. SLT ENGAGED IN PLANNING AND POLICY EDUCATION ON SEA-LEVEL RISE AND CLIMATE CHANGE IMPACTS IN LOCAL PLANS AND GAVE INPUT ON PLANS AFFECTING SENSITIVE WILDLIFE HABITAT. SLT MEMBERS RECEIVED REGULAR COMMUNICATION ON PROJECTS AND OPPORTUNITIES FOR FIELD VISITS AND EDUCATIONAL SEMINARS. 333 SCHOOL CHILDREN WERE EDUCATED ON SLT FIELD TRIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Hitchcock President | OfficerTrustee | 5 | $0 |
Kathy Thornburgh Vice President | OfficerTrustee | 4 | $0 |
Barb Trask Treasurer | OfficerTrustee | 5 | $0 |
Tim Manns Secretary | OfficerTrustee | 4 | $0 |
Roger Fuller Board Member | Trustee | 3 | $0 |
Carolyn Gastellum Board Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $13,017 |
| Related organizations | $0 |
| Government grants | $1,429,234 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,496,269 |
| Noncash contributions included in lines 1a–1f | $931,192 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,938,520 |
| Total Program Service Revenue | $39,241 |
| Investment income | $320,667 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $65,827 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$4,458 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,359,997 |
| 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. | $102,740 |
| Compensation of current officers, directors, key employees. | $32,807 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $531,240 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $38,297 |
| Payroll taxes | $53,994 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,925 |
| Fees for services: Accounting | $50,903 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $27,527 |
| Fees for services: Other | $250,175 |
| Advertising and promotion | $9,477 |
| Office expenses | $68,521 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,278 |
| Travel | $14,386 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,544 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,346 |
| Insurance | $4,370 |
| All other expenses | $0 |
| Total functional expenses | $1,705,970 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $775,158 |
| Savings and temporary cash investments | $48,335 |
| Pledges and grants receivable | $125,000 |
| Accounts receivable, net | $84,585 |
| 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 | $51,678 |
| Net Land, buildings, and equipment | $20,800,235 |
| Investments—publicly traded securities | $7,668,752 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,688 |
| Total assets | $29,583,431 |
| Accounts payable and accrued expenses | $128,032 |
| 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 | $900,000 |
| Unsecured mortgages and notes payable | $500,000 |
| Other liabilities | $0 |
| Total liabilities | $1,528,032 |
| Net assets without donor restrictions | $21,253,054 |
| Net assets with donor restrictions | $6,802,345 |
| 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 | $29,583,431 |
Grants Awarded
Over the last fiscal year, Skagit Land Trust has awarded $69,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SEATTLE CITY LIGHT PURPOSE: Property transfer | $15,000 |
TOWN OF HAMILTON PURPOSE: Property transfer | $19,500 |
SEATTLE CITY LIGHT PURPOSE: Property transfer | $15,000 |
TOWN OF HAMILTON PURPOSE: Property transfer | $19,500 |