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Nonprofiteer
← INDIAN RIVER LAND TR INC

Form 990 for tax year 2023

Filed by INDIAN RIVER LAND TR INC.

Totals

Total revenue
$6,072,235
Total expenses
$1,309,693
Contributions and grants received
$4,750,181
Grants paid
$0
Program service revenue
$0
Investment income
$933,216
Other revenue
$388,838
Total assets, end of year
$36,050,368
Total liabilities, end of year
$32,241
Net assets or fund balances, end of year
$36,018,127
Program services expenses (Part IX)
$861,073
Management and general expenses
$207,449
Fundraising expenses
$241,171
Program service expenses (Part III)
$861,073

Program services were 65.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $185,763

  • 1e · Government grants (contributions)

    $11,801

  • 1f · All other contributions, gifts and grants

    $4,552,617

  • 1g · Noncash contributions included above

    $191,482

  • 3 · Investment income

    total $933,216 · excluded $933,216

  • 8a · Fundraising events: gross income

    $516,618

  • 8b · Fundraising events: direct expenses

    $127,780

  • 8c · Net income from fundraising events

    total $388,838 · excluded $388,838

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $166,608 · program services $74,974 · management and general $41,652 · fundraising $49,982

  • 7 · Other salaries and wages

    total $375,269 · program services $271,015 · management and general $45,861 · fundraising $58,393

  • 8 · Pension plan contributions

    total $31,095 · program services $19,854 · management and general $5,022 · fundraising $6,219

  • 9 · Other employee benefits

    total $90,796 · program services $57,973 · management and general $14,664 · fundraising $18,159

  • 10 · Payroll taxes

    total $39,263 · program services $25,069 · management and general $6,341 · fundraising $7,853

  • 11b · Fees: legal

    total $269 · program services $269

  • 11c · Fees: accounting

    total $26,200 · management and general $26,200

  • 11f · Fees: investment management

    total $3,500 · management and general $3,500

  • 12 · Advertising and promotion

    total $32,902 · program services $17,685 · management and general $5,765 · fundraising $9,452

  • 13 · Office expenses

    total $65,203 · program services $31,188 · management and general $22,839 · fundraising $11,176

  • 16 · Occupancy

    total $72,680 · program services $46,406 · management and general $11,738 · fundraising $14,536

  • 17 · Travel

    total $1,934 · program services $1,235 · management and general $312 · fundraising $387

  • 19 · Conferences, conventions and meetings

    total $4,611 · program services $2,944 · management and general $745 · fundraising $922

  • 22 · Depreciation, depletion and amortization

    total $19,462 · program services $12,173 · management and general $7,289

  • 23 · Insurance

    total $17,367 · program services $13,025 · management and general $4,342

  • 24a · Other expenses: CAPITAL PROJECTS

    total $85,668 · program services $85,668

  • 24b · Other expenses: LAND STEWARDSHIP

    total $85,414 · program services $85,414

  • 24c · Other expenses: STRATEGIC PLANNING

    total $49,550 · program services $9,200 · management and general $0 · fundraising $40,350

  • 24d · Other expenses: COMMUNITY OUTREACH

    total $46,551 · program services $36,189 · management and general $0 · fundraising $10,362

  • 24e · All other expenses

    total $95,351 · program services $70,792 · management and general $11,179 · fundraising $13,380

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,688,353 · end of year $2,899,113

  • 2 · Savings and temporary cash investments

    beginning of year $308,504 · end of year $289,826

  • 3 · Pledges and grants receivable

    beginning of year $1,741,752 · end of year $681,487

  • 10a · Land, buildings and equipment: cost or other basis

    $23,278,662

  • 10b · Land, buildings and equipment: accumulated depreciation

    $136,471

  • 10c · Land, buildings and equipment, net

    beginning of year $17,439,367 · end of year $23,142,191

  • 11 · Investments: publicly traded securities

    beginning of year $9,994,859 · end of year $9,018,191

  • 15 · Other assets

    beginning of year $14,560 · end of year $19,560

  • 17 · Accounts payable and accrued expenses

    beginning of year $24,974 · end of year $32,241

  • 27 · Net assets without donor restrictions

    beginning of year $22,254,051 · end of year $29,035,128

  • 28 · Net assets with donor restrictions

    beginning of year $8,908,370 · end of year $6,982,999

Mission and programs · 2023

Mission

TO PROTECT, IMPROVE, PROVIDE ACCESS TO, AND PROMOTE THE PRESERVATION OF WATERWAYS, OPEN SPACES, AND GREEN PLACES IN INDIAN RIVER COUNTY FOR THE BENEFIT OF ALL TODAY AND TOMORROW.

  • THE INDIAN RIVER LAND TRUST ACQUIRES UNDEVELOPED CONSERVATION PROPERTIES AND CONDUCTS RESTORATION OF THEIR COASTAL WETLANDS AND ADJOINING UPLAND AREAS IN ORDER TO PRESERVE WILDLIFE HABITAT, PROTECT SCENIC WATERFRONT AND PROVIDE PUBLIC ACCESS FOR RECREATION AND EDUCATION.

    Expenses $861,073

As filed on the 2023 return.

Listed in Part VII

  • Meg Steiner

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Scott Alexander

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Charles Cramb

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • James R Dyreby

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Christopher Ryan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Janet Alford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • William Beardslee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Peter Benedict II

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David A Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ned Dayton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Moulton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Gillick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joseph Huber

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Christopher H Marine

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Edward Michael

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kate Moor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Peter Moor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lee Moore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Moulton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kenneth Grudens

    EXECUTIVE DIRECTOR

    Total calculated
    $191,755
    From this org
    $155,928
    From related orgs
    $0
    Other
    $35,827
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $155,928
    Bonus
    $0
    Other
    $0
    Deferred
    $8,640
    Nontaxable benefits
    $27,187
    Filer's total
    $191,755

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
17 January 2025
IRS schema version
2023v6.0
Source object
202540209349300234

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