Pound Ridge Land Conservancy Inc
- Assets
- $3.6m
- Revenue
- $206.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Pound Ridge, NY
- Founding
- 11/1975
- Data as of
- 12/2021
- EIN
- 51-0173458
Organization Overview
Pound Ridge Land Conservancy Inc is located in Pound Ridge, NY. The organization was established in 1975. 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. Pound Ridge Land Conservancy 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, Pound Ridge Land Conservancy Inc generated $206.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $114.7k 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
TO PRESERVE THE TOWN OF POUND RIDGE THROUGH THE CONSERVATION OF LAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ARMSTRONG HOUSE PROJECT- PROMOTES THE ORGANIZATION'S MISSION BY PROVIDING A RESIDENCE TO A PROFESSIONALLY TRAINED LAND STEWARD WITH THE AIM OF BRINGING EXPERT LAND STEWARDSHIP PRACTICES TO THE POUND RIDGE LAND CONSERVANCY PRESERVES AND OTHER PROTECTED SPACE IN POUND RIDGE, NEW YORK. IN ADDITION, THE FACILITY IS TO BE AN EDUCATIONAL, PRIVATE FACILITY, PROTOTYPING A "GREEN" LIVING LIFESTYLE.
MAINTENANCE OF 19 LAND PRESERVES TOTALING OVER 383 ACRES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Wilson Vice President | OfficerTrustee | 2 | $0 |
Michael Kagan President | OfficerTrustee | 13 | $0 |
Pamela Corey Treasurer | OfficerTrustee | 7 | $0 |
Mary Ann Condon Secretary | OfficerTrustee | 3 | $0 |
Daniel Aitchison Director | Trustee | 1 | $0 |
James Evans Director | 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 | $188,869 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $188,869 |
| Total Program Service Revenue | $0 |
| Investment income | $11,166 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,959 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $205,994 |
| 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 | $38,807 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,143 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,150 |
| Advertising and promotion | $0 |
| Office expenses | $15,074 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,261 |
| 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 | $16,169 |
| Insurance | $7,338 |
| All other expenses | $0 |
| Total functional expenses | $114,718 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,493 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,537 |
| 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 | $3,092,490 |
| Investments—publicly traded securities | $330,130 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,572,650 |
| Accounts payable and accrued expenses | $285 |
| 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 | $285 |
| Net assets without donor restrictions | $641,542 |
| Net assets with donor restrictions | $2,930,823 |
| 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 | $3,572,650 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pound Ridge Land Conservancy Inc has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Martin And Rebecca Eisenberg Founda Springfield, NJ PURPOSE: GENERAL | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trustees Of Reservations Boston, MA | $373,027,910 | $79,907,362 |
Western Pennsylvania Conservancy Pittsburgh, PA | $113,802,863 | $21,943,336 |
Open Space Institute Land Trust Inc New York, NY | $354,809,473 | $44,215,127 |
Vermont Land Trust Inc Montpelier, VT | $53,999,994 | $16,703,041 |
Natural Lands Trust Incorporated Media, PA | $288,000,033 | $16,114,941 |
Scenic Hudson Land Trust Inc Poughkeepsie, NY | $274,968,472 | $12,546,398 |
Lancaster Farmland Trust Strasburg, PA | $11,698,413 | $9,676,102 |
New Jersey Conservation Foundation Far Hills, NJ | $62,588,695 | $10,973,647 |
Peconic Land Trust Incorporated Southampton, NY | $410,120,179 | $28,476,857 |
Mohonk Preserve Inc Gardiner, NY | $30,184,686 | $5,297,527 |
Wildlands Conservancy Inc Emmaus, PA | $12,037,986 | $4,624,633 |
Agricultural Stewardship Association Greenwich, NY | $3,423,343 | $3,521,538 |