South East Alaska Land Trust

Organization Overview

South East Alaska Land Trust is located in Juneau, AK. The organization was established in 1996. 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, South East Alaska Land Trust employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South East Alaska Land 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 12/2021, South East Alaska Land Trust generated $396.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $342.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 7 years. 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 SOUTHEAST ALASKA LAND TRUST (SEAL TRUST) COLLABORATES WITH COMMUNITIES, INDIVIDUALS, AND ORGANIZATIONS THROUGHOUT SOUTHEAST ALASKA TO HELP ENSURE THAT HIGHLY VALUED HABITAT, RECREATION, OPEN SPACE, AND CULTURAL AND HISTORIC AREAS CONTINUE TO THRIVE FOR THE WELL-BEING OF EACH GENERATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LAND CONSERVATION - IN 2021 SEALT SUCCESSFULLY COMPLETED ONE FEE SIMPLE ACQUISITION OF TWO PARCELS TOTALING 37.65 ACRES. CONSERVATION PROJECT DEVELOPMENT INCLUDES: PRIORITIZATION MAPPING PROJECTS, CONSERVATION SITE SELECTION, DUE DILIGENCE, AND ACQUISITION OF CONSERVATION EASEMENT OR FEE SIMPLE PROPERTIES, INCLUDING THOSE ACQUIRED WITH FUNDING FROM DEVELOPERS PAID TO SEALT VIA ITS IN-LIEU FEE INSTRUMENT WITH THE U.S. ARMY CORPS OF ENGINEERS. SEALT'S LAND CONSERVATION PROGRAM ALSO INCLUDES OUTREACH AND COMMUNICATION WITH LANDOWNERS, SITE VISITS, REPORT PREPARATION, AND NEGOTIATIONS WITH LANDOWNERS.


STEWARDSHIP - AS OF THE END OF 2021, SEALT HAD PROTECTED 41 PROPERTIES TOTALING OVER 3,600 ACRES, LOCATED IN JUNEAU, ADMIRALTY ISLAND, EXCURSION INLET, HAINES, KAKE, PETERSBURG (FARRAGUT BAY), AND SITKA. STEWARDSHIP INCLUDES MANAGEMENT OF 23 FEE SIMPLE PROPERTIES CURRENTLY OWNED BY SEALT, MONITORING AND ENFORCEMENT OF 16 CONSERVATION EASEMENTS AND 2 DEED RESTRICTIONS HELD BY SEALT, INCLUDING MEETINGS WITH LANDOWNERS AND NEIGHBORS.


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Board, Officers & Key Employees

Name (title)Compensation
Krista Garrett
Interim Exec
$62,896
Margaret Custer
Executive Di
$24,533
Steve Brockman
Executive Di
$12,616
Anne Sutton
Board Presid
$0
Neil Stichert
Board Vice P
$0
Annie Carpeneti
Board Secret
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $146,334
All other contributions, gifts, grants, and similar amounts not included above$152,439
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$298,773
Total Program Service Revenue$0
Investment income $98,078
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 $396,851

Grants Recieved

Over the last fiscal year, we have identified 3 grants that South East Alaska Land Trust has recieved totaling $19,530.

Awarding OrganizationAmount
Jaka Foundation

Lehi, UT

PURPOSE: GENERAL PURPOSE DONATIONS

$10,000
Juneau Community Foundation

Juneau, AK

PURPOSE: OPERATIONS SUPPORT

$9,480
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$50
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,554,302
Earnings$201,071
Net Contributions$246,450
Other Expense$86,540
Ending Balance$2,915,283

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