Capitol Historic Trust Inc
- Assets
- $2.1m
- Revenue
- $38.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 04/2008
- Data as of
- 12/2022
- EIN
- 57-1176199
Organization Overview
Capitol Historic Trust Inc, operating under the name Capitol Historic Trust, is located in Washington, DC. The organization was established in 2008. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capitol Historic Trust 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 12/2022, Capitol Historic Trust generated $38.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (34.5%) each year. All expenses for the organization totaled $250.7k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CONTRIBUTE TO PRESERVATION OF THE NATION'S ARCHITECTURAL HERITAGE THROUGH SUPPORTING PROTECTION AND PRESERVATION OF HISTORICALLY IMPORTANT PROPERTIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONITORING OF EASEMENT-PROTECTED PROPERTIES: ANNUAL ONSITE INSPECTION OF EACH PROPERTY PROTECTED WITH THE ORGANIZATION'S PRESERVATION EASEMENT TO MONITOR COMPLIANCE BY THE PROPERTY OWNER WITH THE EASEMENT TERMS. PHOTOGRAPHS AND FIELD REPORTS DOCUMENTING THE PROPERTY CONDITION ENTERED INTO ORGANIZATION DATA BASE AND COMPARED WITH BASELINE AND PRIOR YEAR DOCUMENTATION. NOTATION OF ANY ALTERATIONS MADE AND ANY ACTIONS RECOMMENDED OR REQUIRED TO BE TAKEN BY OWNER. HUNDREDS OF HISTORIC PROPERTIES BENEFITED.
ENFORCEMENT OF EASEMENT COMPLIANCE: REGULAR CONTACT WITH EASEMENT PROTECTED PROPERTIES OWNERS TO REINFORCE OWNER OBLIGATIONS AND ORGANIZATION RIGHTS UNDER THE EASEMENT. UPDATE OWNER INFORMATION ANNUALLY USING PUBLIC REAL PROPERTY RECORDS. SEND WRITTEN CORRESPONDENCE ANNUALLY TO EACH PROPERTY OWNER WITH RESULTS OF THE ORGANIZATIONS ANNUAL INSPECTION. VERBAL AND WRITTEN COMMUNICATION TO CLARIFY EASEMENT TERMS AND POTENTIAL ENFORCEMENT ACTIONS. RESPOND TO OWNER REQUESTS FOR PERMISSION TO ALTER THE PROPERTY DETAILING THE TERMS OF ANY APPROVAL. PROVIDE NEW OWNERS WITH THE RECORDED EASEMENT AND INFORMATION ABOUT OWNER OBLIGATIONS ANNUAL MONITORING AND CHANGE REQUEST POLICIES. ACTIONS TO ENFORCE COMPLIANCE THROUGH EXERCISE OF REMEDIES PROVIDED FOR IN EASEMENT WHEN NECESSARY. HUNDREDS OF HISTORIC PROPERTIES BENEFITED.
EDUCATION ABOUT AND SUPPORT OF PRESERVATION EFFORTS: EDUCATION OF OWNERS OF HISTORIC PROPERTIES ABOUT BENEFITS OF HISTORIC PRESERVATION THROUGH TELEPHONE CONSULTATION EMAILS AND WEBSITE WWW.CAPITOLTRUST.ORG. SUPPORT OF COMMUNITY PRESERVATION EFFORTS THROUGH CONFERENCES EDUCATIONAL MATERIALS AND GRANTS TO PRESERVATION ORGANIZATIONS. DOZENS OF HISTORIC PROPERTY OWNERS BENEFITED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mario Leonel President | OfficerTrustee | 10 | $0 |
Lisa Gibson Secretary | OfficerTrustee | 1 | $0 |
Mary Ellen Seravalli Director | Trustee | 1 | $0 |
Mario A Leonel Director | Trustee | 1 | $0 |
Roy S Turner 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $31,924 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,785 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $38,709 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $75,000 |
| 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 | $22,099 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,000 |
| Fees for services: Accounting | $9,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $84,110 |
| Advertising and promotion | $0 |
| Office expenses | $5,574 |
| Information technology | $6,852 |
| Royalties | $0 |
| Occupancy | $7,140 |
| Travel | $371 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $632 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,218 |
| All other expenses | $0 |
| Total functional expenses | $250,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,053 |
| Savings and temporary cash investments | $167,439 |
| 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 | $0 |
| Investments—publicly traded securities | $1,872,696 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,072,188 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,072,188 |
| Total liabilities and net assets/fund balances | $2,072,188 |