Reservoir Woods Foundation
- Assets
- $3.2m
- Revenue
- $190.8k
- Investments
- $1.8m
- Employees
- 0
- Location
- Walpole, NH
- Founding
- Data as of
- 12/2023
- EIN
- 85-0676371
Organization Overview
Reservoir Woods Foundation is located in Walpole, NH. 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. Reservoir Woods 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 12/2023, Reservoir Woods Foundation generated $190.8k 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 (34.7%) each year. All expenses for the organization totaled $118.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WAS FORMED IN 2020 TO OWN, OPERATE, CONSERVE, AND MAINTAIN A 55 ACRE PARCEL OF UNDEVELOPED REAL ESTATE AND TO OPERATE SAME FOR EDUCATION, RESEARCH, AND LIMITED PUBLIC RECREATIONAL ACCESS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sidney S Craven Director, President, & Treasurer | 5 | $0 | |
Peter Palmiotto Director & Vice President | 1 | $0 | |
Steven Lamonde Director | 1 | $0 | |
Alicia Flammia Director | 1 | $0 | |
Sharyn Tullar Director | 1 | $0 | |
Mary T Feeney Director & Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $69,526 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $121,276 |
| Capital Gain Net Income | $297,941 |
| Net ST Capital Gain | $8,404 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $190,802 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $12,266 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,320 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $82,817 |
| Total operating and administrative expenses | $118,163 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $118,163 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,233 |
| Savings and temporary cash investments | $49,016 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $1,300,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,245,434 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |