Form 990 for tax year 2024
Filed by THE FINGER LAKES LAND TRUST INC.
Totals
- Total revenue
- $10,034,901
- Total expenses
- $4,160,611
- Contributions and grants received
- $7,570,037
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $2,472,069
- Other revenue
- -$7,205
- Total assets, end of year
- $46,104,991
- Total liabilities, end of year
- $287,263
- Net assets or fund balances, end of year
- $45,817,728
- Program services expenses (Part IX)
- $3,448,955
- Management and general expenses
- $324,881
- Fundraising expenses
- $386,775
- Program service expenses (Part III)
- $3,448,955
Program services were 82.9% 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
$242,949
-
1e · Government grants (contributions)
$1,666,939
-
1f · All other contributions, gifts and grants
$5,660,149
-
1g · Noncash contributions included above
$491,197
-
3 · Investment income
total $529,932 · excluded $529,932
-
6a · Gross rents
real property $34,210
-
6b · Less rental expenses
real property $41,785
-
6c · Rental income or loss
real property -$7,575
-
6d · Net rental income or loss
total -$7,575 · excluded -$7,575
-
7a · Gross sales of assets other than inventory
securities $4,404,339 · other assets $3,350,352
-
7b · Less cost or other basis and sales expenses
securities $3,952,582 · other assets $1,859,972
-
7c · Gain or loss
securities $451,757 · other assets $1,490,380
-
7d · Net gain or loss
total $1,942,137 · excluded $1,942,137
-
11a · Other revenue: Other Related Income
total $370 · related or exempt $370
-
11e · Other revenue, total
$370
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $206,361 · program services $154,771 · management and general $20,636 · fundraising $30,954
-
7 · Other salaries and wages
total $1,163,466 · program services $852,090 · management and general $123,451 · fundraising $187,925
-
8 · Pension plan contributions
total $48,616 · program services $36,392 · management and general $3,934 · fundraising $8,290
-
9 · Other employee benefits
total $194,369 · program services $145,520 · management and general $16,008 · fundraising $32,841
-
10 · Payroll taxes
total $102,368 · program services $75,210 · management and general $10,779 · fundraising $16,379
-
11b · Fees: legal
total $10,005 · program services $10,005
-
11c · Fees: accounting
total $41,382 · management and general $41,382
-
11d · Fees: lobbying
total $12,100 · program services $8,890 · management and general $1,274 · fundraising $1,936
-
11f · Fees: investment management
total $22,521 · management and general $22,521
-
11g · Fees: other
total $383,513 · program services $339,575 · management and general $28,085 · fundraising $15,853
-
12 · Advertising and promotion
total $18,928 · program services $13,907 · management and general $1,993 · fundraising $3,028
-
13 · Office expenses
total $102,742 · program services $73,972 · management and general $9,922 · fundraising $18,848
-
14 · Information technology
total $128,637 · program services $94,510 · management and general $13,545 · fundraising $20,582
-
16 · Occupancy
total $104,858 · program services $98,259 · management and general $2,619 · fundraising $3,980
-
17 · Travel
total $38,668 · program services $28,409 · management and general $4,072 · fundraising $6,187
-
19 · Conferences, conventions and meetings
total $58,251 · program services $25,359 · fundraising $32,892
-
22 · Depreciation, depletion and amortization
total $61,148 · program services $61,148
-
23 · Insurance
total $26,996 · program services $19,834 · management and general $2,843 · fundraising $4,319
-
24a · Other expenses: Conservation Easement V
total $1,376,999 · program services $1,376,999
-
24b · Other expenses: Land Management
total $21,428 · program services $21,428
-
24c · Other expenses: Bad Debt
total $20,000 · management and general $20,000
-
24d · Other expenses: Small Equipment
total $17,255 · program services $12,677 · management and general $1,817 · fundraising $2,761
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $208,754 · end of year $817,236
-
2 · Savings and temporary cash investments
beginning of year $15,586 · end of year $5,923,306
-
3 · Pledges and grants receivable
beginning of year $1,466,543 · end of year $1,551,417
-
9 · Prepaid expenses and deferred charges
beginning of year $46,019 · end of year $19,047
-
10a · Land, buildings and equipment: cost or other basis
$23,564,585
-
10b · Land, buildings and equipment: accumulated depreciation
$741,603
-
10c · Land, buildings and equipment, net
beginning of year $20,026,335 · end of year $22,822,982
-
11 · Investments: publicly traded securities
beginning of year $17,576,360 · end of year $14,970,820
-
14 · Intangible assets
beginning of year $180 · end of year $183
-
17 · Accounts payable and accrued expenses
beginning of year $160,176 · end of year $126,403
-
21 · Escrow or custodial account liability
beginning of year $4,127 · end of year $4,726
-
25 · Other liabilities
beginning of year $239,815 · end of year $156,134
-
27 · Net assets without donor restrictions
beginning of year $29,640,067 · end of year $37,718,568
-
28 · Net assets with donor restrictions
beginning of year $9,295,592 · end of year $8,099,160
Mission and programs · 2024
Mission
To conserve forever the lands and waters of the Finger Lakes region, ensuring scenic vistas, clean water, local foods, and wild places for everyone.
Activities or mission (Part I)
To conserve forever the lands and waters of the Finger Lakes Region
-
Offering landowners voluntary, direct means to insure permanent protection of open space, agricultural land, forests, wetland, and animal and plant habitats. During the year, we obtained 16 new properties for conservation totaling 1,668 acres pushing the total acreage above 34,379 acres.The program is supported by contributions and government grants.
Expenses $3,448,955
As filed on the 2024 return.
Listed in Part VII
-
Adam Boyko
Secretary
- Total calculated
- $0
- Hours/week
- 0.4
-
Maria Fernandez-Gaige
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
Karen Meriwether
Vice-chair
- Total calculated
- $0
- Hours/week
- 0.4
-
Lindsay Ruth
Director At Large
- Total calculated
- $0
- Hours/week
- 0.4
-
Ed McGraw
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
Fred Van Sickle
Chairman
- Total calculated
- $0
- Hours/week
- 0.4
-
Beth Dann
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
David Fernandez
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
Sean O'Keefe
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
Kevin Parker
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
Marjory Rinaldo-Lee
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
Wade Sarkis
Treasurer
- Total calculated
- $0
- Hours/week
- 0.4
-
Jan Suwinski
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
Kristin Swain
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
James Walsh
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
Suan Hsi Yong
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
Lynn Eusden
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
Charles Driscoll
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
Dan Fisher
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
Suzanne Hunt
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
Andrew Zepp
President
- Total calculated
- $206,688
- From this org
- $178,372
- From related orgs
- $0
- Other
- $28,316
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $178,372
- Bonus
- $0
- Other
- $0
- Deferred
- $9,635
- Nontaxable benefits
- $18,681
- Filer's total
- $206,688
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 · Compensation committee
- 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
- 2024
- Filed
- 11 February 2026
- IRS schema version
- 2024v5.5
- Source object
- 202640449349300434
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