San Miguel Conservation Foundation
- Assets
- $1.9m
- Revenue
- $775.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Telluride, CO
- Founding
- 06/1994
- Data as of
- 12/2021
- EIN
- 84-1248759
Organization Overview
San Miguel Conservation Foundation is located in Telluride, CO. The organization was established in 1994. 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. San Miguel Conservation Foundation 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, San Miguel Conservation Foundation generated $775.2k in total revenue. All expenses for the organization totaled $50.5k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DURING 2021, THE ORGANIZATION CONTINUED TO WORK WITH A NUMBER OF PRIVATE LAND OWNERS TO HELP EDUCATE THEM IN THE AREA OF LAND CONSERVATION. WE ALSO WORKED DILIGENTLY TO ASSIST THE TOWN OF TELLURIDE IN IMPLEMENTING AND MONITORING THE CONSERVATION EASEMENT ON THE "TELLURIDE VALLEY FLOOR", A 560 ACRE PARCEL CONTIGIOUS TO THE EASTERN TOWN BOUNDRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION HAS ACQUIRED AND PRESERVED 1,945 PLUS ACRES OF REAL PROPERTY AND OWNS CONSERVATION EASEMENTS ON OVER 8,225.20 ACRES OF REAL PROPERTY LOCATED IN SAN MIGUEL COUNTY, COLORADO FOR THE BENEFIT OF THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Hazen Executive Di | OfficerTrustee | 15 | $37,600 |
Elizabeth Salem Secretary | OfficerTrustee | 1 | $0 |
Richard M Salem President | OfficerTrustee | 5 | $0 |
Gary Hickcox 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 | $775,133 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $775,133 |
| Total Program Service Revenue | $0 |
| Investment income | $77 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $775,210 |
| 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 | $37,600 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,491 |
| 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 | $3,527 |
| Insurance | $2,137 |
| All other expenses | $0 |
| Total functional expenses | $50,468 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,285,514 |
| Savings and temporary cash investments | $208,775 |
| 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 | $430,587 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,924,876 |
| 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 | $238 |
| Total liabilities | $238 |
| Net assets without donor restrictions | $1,924,638 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,924,876 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that San Miguel Conservation Foundation has recieved totaling $568,251.
| Awarding Organization | Amount |
|---|---|
Valley Floor Preservation Partners Telluride, CO PURPOSE: PRESERVATION OF THE VALLEY FLOOR IN TELLURIDE, CO | $523,198 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: ENVIRONMENT & ANIMAL PROTECTION | $25,000 |
The Bindon Foundation Wilmington, DE PURPOSE: SCHMID RANCH | $20,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $53 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arizona Land And Water Trust Inc Tucson, AZ | $19,341,295 | $7,113,905 |
Conservation Lands Foundation Durango, CO | $10,309,607 | $7,535,879 |
Mesa County Land Conservancy Inc Grand Junction, CO | $4,321,084 | $5,838,861 |
Jackson Hole Land Trust Jackson, WY | $34,929,001 | $7,522,371 |
Realty Gift Fund Santa Fe, NM | $5,081,165 | $9,881,385 |
Palladium Foundation Salt Lake City, UT | $46,965,152 | $3,512,246 |
Utah Open Lands Conservation Association Inc Salt Lake City, UT | $10,664,268 | $4,249,074 |
Tohono Chul Park Inc Tucson, AZ | $10,057,876 | $2,788,599 |
Mcdowell Sonoran Conservancy Scottsdale, AZ | $2,977,971 | $1,763,794 |
Rio Grande Headwaters Land Tr A Colorado Nonprofit Corporation Del Norte, CO | $1,933,137 | $1,769,707 |
Wildlands Restoration Volunteers Longmont, CO | $2,417,099 | $1,734,590 |
Scottsdale Preserve Authority Scottsdale, AZ | $1,383,750 | $1,423,310 |