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Nonprofiteer
← LOWELL PARKS AND CONSERVATION TRUST INC

Form 990 for tax year 2024

Filed by LOWELL PARKS AND CONSERVATION TRUST INC.

Totals

Total revenue
$1,436,208
Total expenses
$1,071,162
Contributions and grants received
$1,416,627
Grants paid
$0
Program service revenue
$0
Investment income
$21,222
Other revenue
-$1,641
Total assets, end of year
$3,237,494
Total liabilities, end of year
$116,818
Net assets or fund balances, end of year
$3,120,676
Program services expenses (Part IX)
$966,117
Management and general expenses
$102,255
Fundraising expenses
$2,790
Program service expenses (Part III)
$966,117

Program services were 90.2% 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.

  • 1c · Fundraising events

    $17,508

  • 1e · Government grants (contributions)

    $853,800

  • 1f · All other contributions, gifts and grants

    $545,319

  • 3 · Investment income

    total $21,222 · excluded $21,222

  • 8a · Fundraising events: gross income

    $6,717

  • 8a · Fundraising events: contributions included on line 1c

    $17,508

  • 8b · Fundraising events: direct expenses

    $8,358

  • 8c · Net income from fundraising events

    total -$1,641 · excluded -$1,641

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $114,757 · program services $102,999 · management and general $8,968 · fundraising $2,790

  • 7 · Other salaries and wages

    total $229,893 · program services $218,398 · management and general $11,495

  • 9 · Other employee benefits

    total $17,204 · program services $13,935 · management and general $3,269

  • 10 · Payroll taxes

    total $33,613 · program services $28,057 · management and general $5,556

  • 11c · Fees: accounting

    total $13,200 · management and general $13,200

  • 11g · Fees: other

    total $504,143 · program services $498,086 · management and general $6,057

  • 12 · Advertising and promotion

    total $683 · program services $101 · management and general $582

  • 13 · Office expenses

    total $26,923 · program services $17,518 · management and general $9,405

  • 14 · Information technology

    total $21,213 · program services $11,707 · management and general $9,506

  • 16 · Occupancy

    total $15,116 · program services $12,394 · management and general $2,722

  • 17 · Travel

    total $5,790 · program services $2,821 · management and general $2,969

  • 19 · Conferences, conventions and meetings

    total $3,442 · program services $500 · management and general $2,942

  • 22 · Depreciation, depletion and amortization

    total $12,948 · program services $12,948

  • 23 · Insurance

    total $14,193 · program services $10,480 · management and general $3,713

  • 24a · Other expenses: PROJECT SUPPLIES AND EQ

    total $20,263 · program services $18,000 · management and general $2,263

  • 24b · Other expenses: PROPERTY MAINTENANCE

    total $18,173 · program services $18,173

  • 24c · Other expenses: MISC EXPENSES

    total $13,679 · management and general $13,679

  • 24d · Other expenses: DUES & PUBLICATIONS

    total $4,308 · management and general $4,308

  • 24e · All other expenses

    total $1,621 · management and general $1,621

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $560,256 · end of year $1,084,530

  • 2 · Savings and temporary cash investments

    beginning of year $563,366 · end of year $448,400

  • 3 · Pledges and grants receivable

    beginning of year $346,562 · end of year $201,006

  • 4 · Accounts receivable

    beginning of year $91,119 · end of year $234,556

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,916 · end of year $7,259

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

    $1,105,532

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

    $251,659

  • 10c · Land, buildings and equipment, net

    beginning of year $865,406 · end of year $853,873

  • 15 · Other assets

    beginning of year $318,199 · end of year $407,870

  • 17 · Accounts payable and accrued expenses

    beginning of year $21,796 · end of year $53,812

  • 25 · Other liabilities

    beginning of year $4,641 · end of year $63,006

  • 27 · Net assets without donor restrictions

    beginning of year $1,688,534 · end of year $1,743,109

  • 28 · Net assets with donor restrictions

    beginning of year $1,036,853 · end of year $1,377,567

Mission and programs · 2024

Mission

TO IMPROVE THE QUALITY OF LIFE FOR THE PEOPLE OF LOWELL THROUGH EDUCATION AND THROUGH THE CREATION, CONSERVATION, AND PRESERVATION OF PARKS, OPEN SPACES, AND SPECIAL PLACES.

  • THE TRUST ASSISTS IN THE PRESERVATION OF THE HISTORIC & NATURAL BEAUTIES IN THE CITY OF LOWELL THROUGH EDUCATION OF THE PUBLIC AND OUTDOOR ACTIVITIES.

    Expenses $966,117

As filed on the 2024 return.

Listed in Part VII

  • Sheila Kirschbaum

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • James O'Hearn

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • David M Braslau

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Jonathan Geer

    CLERK

    Total calculated
    $0
    Hours/week
    1

  • Amanda Flores

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jonathan Regosin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dr Mark Romanowsky

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sopheap Theam

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Diane Nichols Tradd

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Laura Watts

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jane Calvin

    EXECUTIVE DIRECTOR

    Total calculated
    $116,488
    From this org
    $113,380
    From related orgs
    $0
    Other
    $3,108
    Hours/week
    40

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
25 February 2026
IRS schema version
2024v5.5
Source object
202630649349301918

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