West Virginia Land Trust Inc

Organization Overview

West Virginia Land Trust Inc is located in Charleston, WV. The organization was established in 1995. 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 12/2021, West Virginia Land Trust Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Virginia 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 12/2021, West Virginia Land Trust Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $928.4k during the year ending 12/2021. While expenses have increased by 2.2% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE WVLT PROTECTS LAND WITH SIGNIFICANT CONSERVATION VALUES THROUGH THE USE OF CONSERVATION EASEMENTS AND REAL ESTATE ACQUISITIONS, AND BY WORKING WITH A STATEWIDE NETWORK OF PARTNERS TO ACCELERATE AND EXPAND CONSERVATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONSERVATION OF SPECIAL PLACES: WVLT PROTECTS LAND BY ACQUIRING PROPERTIES IN FEE, THROUGH CONSERVATION EASEMENTS, OR BY FACILITATING ACQUISITIONS (THROUGH NEGOTIATIONS OR VIA LOANS) FOR OTHER ENTITIES, INCLUDING PUBLIC AGENCIES AND OTHER NONPROFIT ORGANIZATIONS. WVLT CONSIDERS OPPORTUNITIES ACCORDING TO ITS CONSERVATION CRITERIA AND AN ASSESSMENT OF PROPERTIES' CONSERVATION VALUES WITH AN EXTENSIVE PROCESS OF DUE DILIGENCE. IT ACQUIRES LANDS IN FEE THROUGH PURCHASE (FOR WHICH IT RAISES FUNDS), BARGAIN SALES, OR DONATIONS. FOR CONSERVATION EASEMENTS, WVLT WORKS WITH VOLUNTARY LANDOWNERS AND EVALUATES PROPERTIES ACCORDING TO ITS INTERNAL CRITERIA AND PURPOSES AS DEFINED BY THE IRS CODE. EASEMENTS MAY BE ACQUIRED THROUGH PURCHASE, BARGAIN SALES, OR DONATIONS.


STEWARDSHIP (PROPERTY AND EASEMENT MAINTENANCE): UPON SECURING A CONSERVATION EASEMENT, THE WVLT INITIATES AN ANNUAL MONITORING PROGRAM TO ENSURE THAT THE COVENANTS IN THE EASEMENT ARE ADHERED TO AND THAT THE CONSERVATION VALUES THAT HAVE BEEN RECOGNIZED ARE PROTECTED IN PERPETUITY. IF THERE ARE VIOLATIONS OF THE EASEMENT, THE WVLT WILL WORK WITH THE OWNER TO DEVELOP AN ACTION PLAN TO MITIGATE ANY DAMAGES AND IF NECESSARY, WILL LEGALLY DEFEND THE EASEMENT IN COURT. WHEN THE LAND TRUST ACQUIRES PROPERTY IN FEE, IT DETERMINES THE APPROPRIATE USES(S) FOR THE LAND AND ELABORATES A MANAGEMENT PLAN THAT SERVES THOSE USES. THOSE USES ARE DEVELOPED WITH MAXIMUM PUBLIC BENEFIT IN MIND. ON A PRESERVE THAT IS TO BE AVAILABLE TO THE PUBLIC, THOSE USES MAY INCLUDE TRAIL NETWORKS, STREAMSIDE PROTECTION, OR INTERACTIVE SERVICES FOR EDUCATIONAL PURPOSES.


PUBLIC EDUCATION: AS THE ONLY STATEWIDE LAND TRUST, THE WVLT WORKS TO EDUCATE LOCAL GROUPS AND COMMUNITIES ABOUT THE VALUE OF LAND CONSERVATION, BOTH FROM AN ENVIRONMENTAL AND LAND USE PERSPECTIVE. STRATEGIES INCLUDE DEVELOPMENT OF WEB BASED MATERIALS, DISTRIBUTION OF VARIOUS PRINTED MATERIALS, TRAINING AND NETWORKING OPPORTUNITIES, EDUCATIONAL WORKSHOPS, PRESENTATION TO CIVIC ORGANIZATIONS AND ATTENDANCE AT COMMUNITY FORUMS. WVLT ALSO HOSTS (ALONE OR IN PARTNERSHIPS) OUTINGS SUCH AS HIKES, RIVER FLOATS, AND OTHER OUTDOOR ACTIVITIES IN ORDER TO ENCOURAGE THE PUBLIC TO ENJOY THE EXPANDED PORTFOLIO OF CONSERVED LANDS AROUND THE STATE.


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Board, Officers & Key Employees

Name (title)Compensation
Brent Bailey
Executive Director
$128,276
Jonathan Marshall
President
$0
Andy Altman
Vice President
$0
David Clark
Secretary
$0
Gabe Rushden
Treasurer
$0
Calvert Armbrecht
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$47,044
Related organizations$0
Government grants $932,611
All other contributions, gifts, grants, and similar amounts not included above$563,759
Noncash contributions included in lines 1a–1f $71,333
Total Revenue from Contributions, Gifts, Grants & Similar$1,543,414
Total Program Service Revenue$0
Investment income $108,277
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$7,065
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,645,376

Grants Recieved

Over the last fiscal year, we have identified 1 grants that West Virginia Land Trust Inc has recieved totaling $1,500.

Awarding OrganizationAmount
Wolf Robe Foundation

Peoria, AZ

PURPOSE: LAND CONSERVATION

$1,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,711,777
Net Contributions$207,878
Ending Balance$1,919,655

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