Kachemak Heritage Land Trust Inc
- Assets
- $6.7m
- Revenue
- $741.9k
- Investments
- $0.0
- Employees
- 8
- Location
- Homer, AK
- Founding
- 05/1994
- Data as of
- 12/2021
- EIN
- 94-3104608
Organization Overview
Kachemak Heritage Land Trust Inc is located in Homer, AK. The organization was established in 1994. 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 12/2021, Kachemak Heritage Land Trust Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kachemak Heritage Land 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 12/2021, Kachemak Heritage Land Trust Inc generated $741.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $592.0k during the year ending 12/2021. While expenses have increased by 2.0% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONSERVING THE NATURAL HERITAGE OF THE KENAI PENINSULA FOR FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAND: KACHEMAK HERITAGE LAND TRUST PROACTIVELY CONTACTS LANDOWNERS IN PRIORITY AREAS TO GAUGE INTEREST IN CONSERVATION PROJECTS. IN ADDITION, KHLT RESPONDS TO AND EVALUATES OPPORTUNITIES PRESENTED FOR CONSERVATION. KHLT WORKS WITH PARTNERS TO FOSTER CONSERVATION PROJECTS, HOLDS CONSERVATION EASEMENTS AND OWNS LAND FOR CONSERVATION PURPOSES. KHLT IS RESPONSIBLE FOR PERMANENT PRESERVATION OF LAND, WHICH REQUIRES HIGHLY TRAINED STAFF AND SUFFICIENT FUNDS TO SUCCEED, INCLUDING DEFENSE OF CONSERVATION EASEMENTS WHEN NECESSARY.
STEWARDSHIP: ONCE KHLT PRESERVES LAND THROUGH CONSERVATION EASEMENT OR BY OUTRIGHT OWNERSHIP, KHLT BECOMES PERPETUALLY RESPONSIBLE TO ENSURE THE CONSERVATION PURPOSES FOR PROTECTING THE PROPERTY ARE FOLLOWED. THIS PERPETUAL RESPONSIBILITY REQUIRES HIGHLY TRAINED STAFF WITH PROPER EQUIPMENT AND THE FUNDS NEEDED TO SUSTAIN THIS WORK, INCLUDING THE FUNDS NECESSARY TO DEFEND THE CONSERVATION VALUES IN COURT IF NEEDED. KHLT AT LEAST ANNUALLY MONITORS PROPERTY UNDER ITS CARE AND ADDRESSES VIOLATIONS OF THE CONSERVATION RESTRICTIONS WHEN NECESSARY.
COMMUNITY OUTREACH: ALASKANS AND OUR VISITORS CARE DEEPLY ABOUT LAND, FISH AND WILDLIFE, AND ABOUT OUR COMMUNITIES. KACHEMAK HERITAGE LAND TRUST (KHLT) PROACTIVELY CONTACTS LANDOWNERS IN PRIORITY AREAS TO GAUGE INTEREST IN CONSERVATION PROJECTS. IN ADDITION, KHLT RESPONDS TO AND EVALUATES OPPORTUNITIES PRESENTED FOR CONSERVATION. KHLT WORKS WITH PARTNERS TO FOSTER CONSERVATION PROJECTS, HOLDS CONSERVATION EASEMENTS AND OWNS LAND FOR CONSERVATION PURPOSES.
LAND: KACHEMAK HERITAGE LAND TRUST PROACTIVELY CONTACTS LANDOWNERS IN PRIORITY AREAS TO GAUGE INTEREST IN CONSERVATION PROJECTS. IN ADDITION, KHLT RESPONDS TO AND EVALUATES OPPORTUNITIES PRESENTED FOR CONSERVATION. KHLT WORKS WITH PARTNERS TO FOSTER CONSERVATION PROJECTS, HOLDS CONSERVATION EASEMENTS AND OWNS LAND FOR CONSERVATION PURPOSES. KHLT IS RESPONSIBLE FOR PERMANENT PRESERVATION OF LAND, WHICH REQUIRES HIGHLY TRAINED STAFF AND SUFFICIENT FUNDS TO SUCCEED, INCLUDING DEFENSE OF CONSERVATION EASEMENTS WHEN NECESSARY.
STEWARDSHIP: ONCE KHLT PRESERVES LAND THROUGH CONSERVATION EASEMENT OR BY OUTRIGHT OWNERSHIP, KHLT BECOMES PERPETUALLY RESPONSIBLE TO ENSURE THE CONSERVATION PURPOSES FOR PROTECTING THE PROPERTY ARE FOLLOWED. THIS PERPETUAL RESPONSIBILITY REQUIRES HIGHLY TRAINED STAFF WITH PROPER EQUIPMENT AND THE FUNDS NEEDED TO SUSTAIN THIS WORK, INCLUDING THE FUNDS NECESSARY TO DEFEND THE CONSERVATION VALUES IN COURT IF NEEDED. KHLT AT LEAST ANNUALLY MONITORS PROPERTY UNDER ITS CARE AND ADDRESSES VIOLATIONS OF THE CONSERVATION RESTRICTIONS WHEN NECESSARY.
COMMUNITY OUTREACH: ALASKANS AND OUR VISITORS CARE DEEPLY ABOUT LAND, FISH AND WILDLIFE, AND ABOUT OUR COMMUNITIES. KACHEMAK HERITAGE LAND TRUST (KHLT) PROACTIVELY CONTACTS LANDOWNERS IN PRIORITY AREAS TO GAUGE INTEREST IN CONSERVATION PROJECTS. IN ADDITION, KHLT RESPONDS TO AND EVALUATES OPPORTUNITIES PRESENTED FOR CONSERVATION. KHLT WORKS WITH PARTNERS TO FOSTER CONSERVATION PROJECTS, HOLDS CONSERVATION EASEMENTS AND OWNS LAND FOR CONSERVATION PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marie Mccarty Executive Dir. | Officer | 40.5 | $99,575 |
Donna Aderhold President | OfficerTrustee | 3 | $0 |
Larsen Klingel Treasurer | OfficerTrustee | 3 | $0 |
Robert S Means Secretary | OfficerTrustee | 3 | $0 |
Karen Wuestenfeld Vice President | OfficerTrustee | 3 | $0 |
John Mouw Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $33,863 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $230,075 |
| All other contributions, gifts, grants, and similar amounts not included above | $344,695 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $608,633 |
| Total Program Service Revenue | $0 |
| Investment income | $56,362 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $76,828 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $75 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $741,898 |
| 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. | $110,434 |
| Compensation of current officers, directors, key employees. | $13,726 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $270,712 |
| Pension plan accruals and contributions | $6,909 |
| Other employee benefits | $23,974 |
| Payroll taxes | $32,132 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,828 |
| Fees for services: Accounting | $10,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,815 |
| Fees for services: Other | $21,819 |
| Advertising and promotion | $157 |
| Office expenses | $10,208 |
| Information technology | $10,463 |
| Royalties | $0 |
| Occupancy | $6,669 |
| Travel | $4,921 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,236 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,638 |
| Insurance | $10,520 |
| All other expenses | $4,851 |
| Total functional expenses | $591,957 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,421 |
| Savings and temporary cash investments | $244,112 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,399 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $409,114 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,382 |
| Net Land, buildings, and equipment | $610,928 |
| Investments—publicly traded securities | $1,546,312 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,703,956 |
| Total assets | $6,675,624 |
| Accounts payable and accrued expenses | $1,361 |
| Grants payable | $0 |
| Deferred revenue | $9,986 |
| 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 | $243,750 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $89,177 |
| Total liabilities | $344,274 |
| Net assets without donor restrictions | $2,339,287 |
| Net assets with donor restrictions | $3,992,063 |
| 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 | $6,675,624 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Kachemak Heritage Land Trust Inc has recieved totaling $5,049.
| Awarding Organization | Amount |
|---|---|
Charlotte Y Martin Foundation Seattle, WA PURPOSE: GENERAL OPERATING | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $49 |
Endowment Analysis
| Beg. Balance | $32,172 |
| Earnings | $2,308 |
| Ending Balance | $34,480 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Forterra Nw Seattle, WA | $50,722,861 | $15,501,876 |
Columbia Land Trust Vancouver, WA | $128,484,045 | $26,603,330 |
Boreal Songbird Initiative Seattle, WA | $3,462,236 | $1,922,270 |
San Juan Preservation Trust Friday Harbor, WA | $63,398,205 | $3,224,366 |
Whidbey-Camano Land Trust Greenbank, WA | $19,824,922 | $5,155,623 |
Pcc Farmland Trust Seattle, WA | $10,680,285 | $2,998,617 |
Chelan-Douglas Land Trust Wenatchee, WA | $31,075,707 | $7,176,857 |
American Friends Of Canadian Conservation Bellingham, WA | $3,170,106 | $2,721,306 |
Back Country Horsemen Of Washington Ellensburg, WA | $871,809 | $2,497,689 |
Great Land Trust Inc Anchorage, AK | $13,403,260 | $2,212,039 |
Native Conservancy Anchorage, AK | $1,027,547 | $1,782,029 |
Interior Alaska Land Trust Fairbanks, AK | $1,187,189 | $1,843,442 |