Equity Trust Inc

Organization Overview

Equity Trust Inc, operating under the name Non Profit 501 C 3, is located in Amherst, MA. The organization was established in 1997. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Non Profit 501 C 3 employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Non Profit 501 C 3 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, Non Profit 501 C 3 generated $589.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $313.6k during the year ending 12/2021. 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

TO PROMOTE ECONOMIC AND SOCIAL JUSTICE THROUGH EQUITABLE ACCESS TO LAND AND CAPITAL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EQUITY TRUST FUND: ENABLING SOCIALLY CONSCIOUS LENDERS AND DONORS TO SUPPORT THE PRESERVATION OF AFFORDABLE WORKING FARMS, THE DEVELOPMENT OF AFFORDABLE HOUSING, AND THE IMPLEMENTATION OF OTHER SOCIALLY BENEFICIAL AND ENVIRONMENTALLY SUSTAINABLE PROJECTS. THE FUND ADDED SIX NEW PROJECTS IN 2021. THE CURRENT PORFOLIO AS OF THE END OF THE YEAR INCLUDED THIRTY PROJECTS REPRESENTING THE FULL RANGE OF THE FUND'S MISSION.


EDUCATION AND TECHNICAL ASSISTANCE TO PROMOTE THE ESTABLISHMENT AND SUSTAINABILITY OF ENVIRONMENTALLY SOUND FARMS THAT BENEFIT THEIR LOCAL COMMUNITIES. SUPPORT FOR THE PERMANENT PROTECTION OF FARMLAND, FARM INFRASTRUCTURE, AND THE AFFORDABILITY OF THESE RESOURCES TO WORKING FARMERS, AND FOR ACCESS TO FARMLAND FOR HISTORICALLY MARGINALIZED PEOPLE AND COMMUNITIES. IN 2021, EQUITY TRUST'S WORK FOCUSED ON PROJECTS SUPPORTING FARM LAND ACCESS FOR FARM WORKERS AND IMMIGRANT FARMERS; FACILITATING FARMER/LAND TRUST PARTNERSHIPS USING SHARED EQUITY OWNERSHIP; PROVIDING TRAINING FOR LAND TRUSTS ON INNOVATIVE FARM PROTECTIONS; AND RESPONDING TO ASSISTANCE REQUESTS FROM FARMERS, LAND OWNERS, AND LAND TRUSTS FROM AROUND THE COUNTRY.


PROPERTY STEWARDSHIP: EQUITY TRUST OWNS AND STEWARDS PERMANENTLY PRESERVED AND AFFORDABLE FARM PROPERITIES IN NEW YORK AND NEW HAMPSHIRE AND HOLDS CONSERVATION EASEMENTS PERMANENTLY PROTECTING FARM PROPERTIES IN CALIFORNIA AND MASSACHUSETTS.


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Board, Officers & Key Employees

Name (title)Compensation
James Oldham
Executive Director
$53,215
Scott Reed
President
$0
Jody Bolluyt
Vice President
$0
Dan Rosenberg
Treasurer
$0
Madeline Miller
Clerk
$0
Russ Fox
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$463,688
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$463,688
Total Program Service Revenue$118,319
Investment income $7,632
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $589,639

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Equity Trust Inc has recieved totaling $375,000.

Awarding OrganizationAmount
Novo Foundation

Kingston, NY

PURPOSE: GENERAL SUPPORT

$150,000
Novo Foundation

Kingston, NY

PURPOSE: GENERAL SUPPORT

$150,000
Jewish Communal Fund

New York, NY

PURPOSE: GENERAL SUPPORT

$50,000
Martha G Moore Foundation Inc

West Hartford, CT

PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES

$25,000
View Grant Recipient Profile

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