Nissitissit Riverland Trust Inc
- Assets
- $713.6k
- Revenue
- $33.4k
- Investments
- $380.9k
- Employees
- 0
- Location
- Hollis, NH
- Founding
- 06/1969
- Data as of
- 12/2021
- EIN
- 23-7024589
Organization Overview
Nissitissit Riverland Trust Inc is located in Hollis, NH. The organization was established in 1969. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nissitissit Riverland 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, Nissitissit Riverland Trust Inc generated $33.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $1.5k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVATION AND PROTECTION OF LAND ALONG THE NISSITISSIT RIVER IN HOLLIS AND BROOKLINE NEW HAMPSHIRE AND PEPPERELL MASSACHUSETTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRUST HAS ASSISTED IN PAST YEARS THE TOWN OF BROOKLINE AND THE MASSACHUSETTS DIVISION OF FISHERIES AND WILDLIFE WITH THE PURCHASE OF PROPERTY FOR CONSERVATION PURPOSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Smith President/treasurer/truste | OfficerTrustee | 1 | $0 |
Glenn Lloyd Trustee/secretary | OfficerTrustee | 1 | $0 |
Conrad Struckman Trustee/vice President | OfficerTrustee | 1 | $0 |
Lin Clark Trustee | Trustee | 1 | $0 |
Craig Birch Trustee | Trustee | 1 | $0 |
Brandon Rackliff Trustee | Trustee | 1 | $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 | $1,200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,200 |
| Total Program Service Revenue | $0 |
| Investment income | $10,617 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $21,622 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $33,439 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $250 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $175 |
| Advertising and promotion | $0 |
| Office expenses | $184 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $846 |
| All other expenses | $50 |
| Total functional expenses | $1,505 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,287 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $300,370 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $380,921 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $713,578 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $300,370 |
| Retained earnings, endowment, accumulated income, or other funds | $413,208 |
| Total liabilities and net assets/fund balances | $713,578 |
Grants Awarded
Over the last fiscal year, Nissitissit Riverland Trust Inc has awarded $165,250 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CONSERVATION COMMISSION TOWN OF BROOKLINE NEW HAMPSHIRE PURPOSE: USED TOWARDS ACQUISITIN OF LAND PARCEL WITH MILE OF FRONTAGE ALONG NISSITISSIT RIVER | $165,000 |
Dunstable, MA PURPOSE: GENERAL SUPPORT | $250 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nissitissit Riverland Trust Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Goulder Family Foundation Pennington, NJ PURPOSE: UNRESTRICTED GENERAL | $25,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mahoosuc Land Trust Inc Bethel, ME | $6,057,135 | $8,974,124 |
Elliotsville Foundation Inc Portland, ME | $37,052,025 | $5,307,911 |
Friends Of Acadia Bar Harbor, ME | $82,291,605 | $9,023,767 |
Essex County Green Belt Association Inc Essex, MA | $63,698,611 | $7,120,409 |
Down East Lakes Land Tr Grand Lake Stream, ME | $31,521,154 | $5,353,217 |
Upper Valley Land Trust Inc Hanover, NH | $20,149,822 | $4,243,295 |
Berkshire Natural Resources Lenox, MA | $30,614,127 | $3,680,063 |
Wildlands Trust Inc Plymouth, MA | $11,768,642 | $4,407,182 |
Kestrel Land Trust Inc Amherst, MA | $7,170,959 | $4,804,533 |
Sudbury Valley Trustees Inc Sudbury, MA | $30,284,086 | $6,625,833 |
Coastal Mountains Land Trust Camden, ME | $9,283,944 | $2,270,917 |
Nantucket Land Council Inc Nantucket, MA | $42,170,457 | $1,862,044 |