300 Committee Land Trust Inc
- Assets
- $11.3m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 3
- Location
- Falmouth, MA
- Founding
- 05/1986
- Data as of
- 09/2023
- EIN
- 22-2659529
Organization Overview
300 Committee Land Trust Inc is located in Falmouth, MA. The organization was established in 1986. 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 09/2023, 300 Committee Land Trust Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 300 Committee 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 09/2023, 300 Committee Land Trust Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $487.1k during the year ending 09/2023. While expenses have increased by 5.9% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE 300 COMMITTEE'S MISSION IS TO PRESERVE LAND IN FALMOUTH, MASSACHUSETTS AND TO RAISE AWARENESS OF THE VALUE OF OPEN SPACE TO THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF OPEN SPACE PRESERVATION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne-Marie Runfola Director | OfficerTrustee | 5 | $0 |
Richard Dotson Treasurer | OfficerTrustee | 10 | $0 |
Alexandra Lancaster Clerk | OfficerTrustee | 10 | $0 |
Michael A Duffany Director | Trustee | 5 | $0 |
Susanne Goodman Hallstein Director | Trustee | 5 | $0 |
Leonard W Johnson Director | Trustee | 5 | $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 | $2,142,898 |
| Noncash contributions included in lines 1a–1f | $395,202 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,142,898 |
| Total Program Service Revenue | $0 |
| Investment income | $137,639 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,623 |
| Net Income from Fundraising Events | $21,225 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,296,139 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $229,769 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $44,252 |
| Payroll taxes | $18,763 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,050 |
| Fees for services: Accounting | $7,427 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,038 |
| Advertising and promotion | $0 |
| Office expenses | $1,431 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,808 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,184 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,147 |
| Insurance | $13,530 |
| All other expenses | $20,420 |
| Total functional expenses | $487,111 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,199,417 |
| Pledges and grants receivable | $910,016 |
| Accounts receivable, net | $0 |
| 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 | $5,009 |
| Net Land, buildings, and equipment | $1,909,988 |
| Investments—publicly traded securities | $2,533,451 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,753,299 |
| Total assets | $11,311,180 |
| Accounts payable and accrued expenses | $20,805 |
| 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 | $2,948 |
| Total liabilities | $23,753 |
| Net assets without donor restrictions | $9,080,721 |
| Net assets with donor restrictions | $2,206,706 |
| 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 | $11,311,180 |
Grants Awarded
Over the last fiscal year, 300 Committee Land Trust Inc has awarded $105,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OYSTER POND ENVIRONMENTAL TRUST PURPOSE: PURCHASE CONSERVATION LAND | $100,000 |
SALT POND AREAS BIRD SANCTUARIES PURPOSE: PURCHASE CONSERVATION LAND | $5,000 |