Kent Land Trust Inc
- Assets
- $12.9m
- Revenue
- $342.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Kent, CT
- Founding
- 03/1994
- Data as of
- 12/2020
- EIN
- 06-1257251
Organization Overview
Kent Land Trust Inc is located in Kent, CT. 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 12/2020, Kent Land Trust Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kent 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 12/2020, Kent Land Trust Inc generated $342.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.2%) each year. All expenses for the organization totaled $200.4k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
CONSERVATION OF LAND AND WATER NATURAL RESOURCES
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSERVATION PROPERTY STEWARDSHIP: THE ORGANIZATION IS A LEADER IN ENHANCING PUBLIC ACCESS TO OUTDOOR RECREATION, SUPPORTING SCIENTIFIC RESEARCH AND ANALYSIS TO INFORM EDUCATIONAL PROGRAMMING AND LAND MANAGEMENT, AND PROVIDING EXCELLENT STEWARDSHIP OF ITS CONSERVATION PROPERTIES THROUGH RESTORATION OF NATIVE WILDLIFE AND PLANT HABITAT. IT MAINTAINS SEVERAL MILES OF RECREATIONAL AND NATURE TRAILS ON ITS PRESERVES. THE ORGANIZATION MONITORS AND ENFORCES THE CONSERVATION RESTRICTIONS ON ITS PROPERTIES IN ACCORDANCE WITH ITS OBLIGATIONS UNDER FEDERAL AND STATE LAW.
CONSERVATION ACQUISITION: THE ORGANIZATION PROTECTS CONSERVATION RESOURCES INCLUDING WATER, WETLANDS, FOREST, AND FARMLAND THROUGH DIRECT OWNERSHIP AND CONSERVATION EASEMENTS.
CONSERVATION EDUCATION AND OUTREACH: THE ORGANIZATION CONDUCTS PUBLIC EDUCATION AND OUTREACH EVENTS THROUGHOUT THE YEAR, DRAWING ON THE SUPPORT OF MORE THAN 75 COMMUNITY VOLUNTEERS TO ORGANIZE HIKES, SCOUT SERVICE PROJECTS, EDUCATIONAL PRESENTATIONS, AND OTHER EVENTS. EACH YEAR IT HOSTS A TOWN-WIDE COMMUNITY CONSERVATION PICNIC WITH FAMILY-ORIENTED ACTIVITIES AND DISPLAYS ENCOURAGING CONSERVATION. IT PUBLISHES A REGULAR E-NEWSLETTER AND SHARES CONSERVATION INFORMATION VIA SOCIAL MEDIA. THE ORGANIZATION RENTS PROPERTY TO A LOCAL ORGANIC VEGETABLE FARMER AND MANAGES A COMMUNITY GARDEN ON TRUST LAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connie Manes Executive Director | Officer | 20 | $47,000 |
Laura Rothschild Second Vice Chair | OfficerTrustee | 2 | $0 |
Dolores R Schiesel Secretary | OfficerTrustee | 2 | $0 |
James Norton Treasurer | OfficerTrustee | 2 | $0 |
Michael C L Hallows Chair | OfficerTrustee | 4 | $0 |
Alice B Hicks First Vice Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $50,320 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $275,648 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $325,968 |
| Total Program Service Revenue | $0 |
| Investment income | $3,361 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,570 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $342,602 |
| 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. | $47,000 |
| Compensation of current officers, directors, key employees. | $7,338 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $46,757 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,100 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,430 |
| Information technology | $1,941 |
| Royalties | $0 |
| Occupancy | $2,733 |
| Travel | $184 |
| 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 | $10,635 |
| Insurance | $13,837 |
| All other expenses | $19,159 |
| Total functional expenses | $200,415 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,004 |
| Savings and temporary cash investments | $218,286 |
| Pledges and grants receivable | $150,000 |
| Accounts receivable, net | $2,800 |
| 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 | $0 |
| Net Land, buildings, and equipment | $237,899 |
| Investments—publicly traded securities | $378,813 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,793,626 |
| Total assets | $12,866,428 |
| Accounts payable and accrued expenses | $5,052 |
| 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 | $537 |
| Total liabilities | $5,589 |
| Net assets without donor restrictions | $1,545,273 |
| Net assets with donor restrictions | $11,315,566 |
| 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 | $12,866,428 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Kent Land Trust Inc has recieved totaling $62,872.
| Awarding Organization | Amount |
|---|---|
Gary Saltz Foundation Inc New York, NY PURPOSE: GENERAL CONTRIBUTION | $30,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $6,300 |
Jay & Sandra Harris Foundation Inc New York, NY PURPOSE: GENERAL USE | $6,000 |
Weingarten Fam Foundation Tr New York, NY PURPOSE: GENERAL PURPOSE | $5,000 |
The@jeff And Erica Keswin Family Foundation New York, NY PURPOSE: GENERAL CONTRIBUTION | $5,000 |
Babbitt Charitable Foundation Tr Fbo Various Charities New York, NY PURPOSE: GENERAL USE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trustees Of Reservations Boston, MA | $373,027,910 | $79,907,362 |
Open Space Institute Land Trust Inc New York, NY | $354,809,473 | $44,215,127 |
Aquidneck Land Trust Middletown, RI | $25,504,310 | $25,123,306 |
Scenic Hudson Land Trust Inc Poughkeepsie, NY | $274,968,472 | $12,546,398 |
Peconic Land Trust Incorporated Southampton, NY | $410,120,179 | $28,476,857 |
Mohonk Preserve Inc Gardiner, NY | $30,184,686 | $5,297,527 |
Agricultural Stewardship Association Greenwich, NY | $3,423,343 | $3,521,538 |
The Finger Lakes Land Trust Inc Ithaca, NY | $33,932,196 | $4,821,991 |
Essex County Green Belt Association Inc Essex, MA | $63,698,611 | $7,120,409 |
Dutchess Land Conservancy Inc Millbrook, NY | $16,962,205 | $4,488,618 |
Adirondack Council Inc Elizabethtown, NY | $8,899,831 | $2,663,124 |
Columbia Land Conservancy Inc Chatham, NY | $23,284,051 | $2,528,092 |