Essex County Greenbelt Association
- Assets
- $66.6m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 22
- Location
- Essex, MA
- Founding
- 02/1965
- Data as of
- 12/2023
- EIN
- 04-2664297
Organization Overview
Essex County Greenbelt Association is located in Essex, MA. The organization was established in 1965. 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, Essex County Greenbelt Association employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Essex County Greenbelt Association 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, Essex County Greenbelt Association generated $5.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $2.6m 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
LAND CONSERVATION AND CONSERVATION EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, GREENBELT COMPLETED 23 CONSERVATION PROJECTS THAT PERMANENTLY PROTECTED 2,425 ACRES. WE MANAGED THE MORE THAN 400 GREENBELT FEE-OWNED PROPERTIES; COMPLETED DOZENS OF PROPERTY IMPROVEMENT PROJECTS, AND FORMALLY MONITORED 188 CONSERVATION EASEMENTS ON 4,084 ACRES. WE HELD 44 IN-PERSON AND VIRTUAL EVENTS,INCLUDING A FAMILY NATURE SERIES, WORKSHOPS AND COMMUNITY EVENTS, AND A TRAIL RUN, WITH A COMBINED PARTICIPATION OF OVER 1,500 PEOPLE. 244 VOLUNTEERS ASSISTED US, AND WE WELCOMED 265 NEW MEMBERS AND 2,318 RETURNING MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betsy Shields Chair | OfficerTrustee | $0 | |
Alision Falk Vice Chair | OfficerTrustee | $0 | |
Doug Deangelis Vice Chair | OfficerTrustee | $0 | |
David Chapin Secretary | OfficerTrustee | $0 | |
Timo Fritzinger Treasurer | OfficerTrustee | $0 | |
Peter Loring Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $45,408 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,829,126 |
| Noncash contributions included in lines 1a–1f | $770,680 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,874,534 |
| Total Program Service Revenue | $515,963 |
| Investment income | $450,072 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $727,119 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,567,688 |
| 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. | $158,720 |
| Compensation of current officers, directors, key employees. | $20,410 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,125,537 |
| Pension plan accruals and contributions | $119,981 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,095 |
| Fees for services: Accounting | $26,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $43,218 |
| Fees for services: Other | $92,696 |
| Advertising and promotion | $0 |
| Office expenses | $39,580 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,264 |
| Travel | $9,992 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,487 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $81,809 |
| Insurance | $37,716 |
| All other expenses | $200,066 |
| Total functional expenses | $2,613,841 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $757,117 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $180 |
| 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 | $69,142 |
| Net Land, buildings, and equipment | $46,553,973 |
| Investments—publicly traded securities | $18,949,563 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $238,714 |
| Total assets | $66,568,689 |
| Accounts payable and accrued expenses | $18,175 |
| 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 | $306,057 |
| Total liabilities | $324,232 |
| Net assets without donor restrictions | $55,870,560 |
| Net assets with donor restrictions | $10,373,897 |
| 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 | $66,568,689 |