Lake Champlain Land Trust Inc

Organization Overview

Lake Champlain Land Trust Inc is located in Burlington, VT. The organization was established in 1978. 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, Lake Champlain Land Trust Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Champlain 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, Lake Champlain Land Trust Inc generated $714.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $459.3k during the year ending 12/2021. While expenses have increased by 7.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

NATIONALLY ACCREDITED LAND CONSERVATION TRUST

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO ENCOURAGE CONSERVATION OF LAND AROUND LAKE CHAMPLAIN. ACCOMPLISHED THROUGH THE ACQUISITION OF LAND AND CONSERVATION EASEMENTS AND STEWARDSHIP. CONSERVATION ALSO PROMOTES THROUGH EDUCATING THE PUBLIC ABOUT THE BENEFITS OF CONSERVATION AND CONNECTING PEOPLE TO THE LAND THROUGH HIKES AND EDUCATIONAL PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Chris Boget
Executive Director
$146,166
Karen Cady
Chair
$0
Birgit Matthiesen-Bozek
Vice Chair
$0
Stephen Payne
Trustee
$0
Don Kinneston
Trustee
$0
Rick Stoner
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$270,504
Fundraising events$0
Related organizations$0
Government grants $53,635
All other contributions, gifts, grants, and similar amounts not included above$265,820
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$589,959
Total Program Service Revenue$0
Investment income $65,136
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $59,292
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $714,387

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Lake Champlain Land Trust Inc has recieved totaling $1,000.

Awarding OrganizationAmount
Christina Heroy Foundation

Burlington, VT

PURPOSE: OPERATINGSUPPORT

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,823,494
Earnings$280,242
Net Contributions$6,000
Ending Balance$2,109,736

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