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Nonprofiteer
← SOUTHEAST LAND TRUST OF NEW HAMPSHIRE

Form 990 for tax year 2024

Filed by SOUTHEAST LAND TRUST OF NEW HAMPSHIRE.

Totals

Total revenue
$11,837,053
Total expenses
$8,515,771
Contributions and grants received
$11,214,592
Grants paid
$0
Program service revenue
$6,867
Investment income
$525,728
Other revenue
$89,866
Total assets, end of year
$44,697,271
Total liabilities, end of year
$58,702
Net assets or fund balances, end of year
$44,638,569
Program services expenses (Part IX)
$7,514,437
Management and general expenses
$790,071
Fundraising expenses
$211,263
Program service expenses (Part III)
$7,514,437

Program services were 88.2% 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.

  • 1b · Membership dues

    $154,254

  • 1c · Fundraising events

    $32,201

  • 1e · Government grants (contributions)

    $1,984,099

  • 1f · All other contributions, gifts and grants

    $9,044,038

  • 1g · Noncash contributions included above

    $4,237,550

  • 2a · Program service revenue: Contracted services

    total $6,867 · related or exempt $6,867

  • 3 · Investment income

    total $332,625 · excluded $332,625

  • 6a · Gross rents

    real property $65,090

  • 6c · Rental income or loss

    real property $65,090

  • 6d · Net rental income or loss

    total $65,090 · excluded $65,090

  • 7a · Gross sales of assets other than inventory

    securities $934,480 · other assets $875,000

  • 7b · Less cost or other basis and sales expenses

    securities $731,734 · other assets $884,643

  • 7c · Gain or loss

    securities $202,746 · other assets -$9,643

  • 7d · Net gain or loss

    total $193,103 · related or exempt -$9,643 · excluded $202,746

  • 8a · Fundraising events: gross income

    $35,193

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

    $32,201

  • 8b · Fundraising events: direct expenses

    $29,067

  • 8c · Net income from fundraising events

    total $6,126 · excluded $6,126

  • 10a · Gross sales of inventory

    $1,844

  • 10c · Net income from sales of inventory

    total $1,844 · related or exempt $1,844

  • 11a · Other revenue: Other income

    total $16,806 · related or exempt $16,806

  • 11e · Other revenue, total

    $16,806

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $397,977 · program services $177,584 · management and general $148,499 · fundraising $71,894

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $896,415 · program services $744,652 · management and general $148,170 · fundraising $3,593

  • 8 · Pension plan contributions

    total $46,297 · program services $33,006 · management and general $10,589 · fundraising $2,702

  • 9 · Other employee benefits

    total $69,428 · program services $49,498 · management and general $15,879 · fundraising $4,051

  • 10 · Payroll taxes

    total $98,243 · program services $70,041 · management and general $22,469 · fundraising $5,733

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $51,810 · program services $50,464 · management and general $1,346

  • 11c · Fees: accounting

    total $80,295 · management and general $80,295

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $93,713 · fundraising $93,713

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $489,141 · program services $443,812 · management and general $38,866 · fundraising $6,463

  • 12 · Advertising and promotion

    total $2,353 · program services $1,828 · management and general $525

  • 13 · Office expenses

    total $72,214 · program services $32,836 · management and general $27,799 · fundraising $11,579

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $18,754 · program services $15,828 · management and general $2,019 · fundraising $907

  • 17 · Travel

    total $62,630 · program services $26,716 · management and general $35,914

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $19,733 · program services $10,730 · management and general $7,477 · fundraising $1,526

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $185,887 · program services $17,096 · management and general $168,791

  • 23 · Insurance

    total $67,042 · program services $19,044 · management and general $47,998

  • 24a · Other expenses: Conservation easement and other project costs

    total $5,748,624 · program services $5,748,624

  • 24b · Other expenses: Gate, sign and bridge costs

    total $6,040 · program services $6,040

  • 24c · Other expenses: Printing and copying

    total $36,584 · program services $20,069 · management and general $7,687 · fundraising $8,828

  • 24d · Other expenses: Property taxes

    total $36,655 · program services $36,655

  • 24e · All other expenses

    total $35,936 · program services $9,914 · management and general $25,748 · fundraising $274

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $353,491 · end of year $488,476

  • 2 · Savings and temporary cash investments

    beginning of year $4,452,871 · end of year $3,740,931

  • 3 · Pledges and grants receivable

    beginning of year $6,082,799 · end of year $4,103,276

  • 4 · Accounts receivable

    beginning of year $3,420 · end of year $5,474

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,363 · end of year $58,686

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

    $28,306,056

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

    $555,734

  • 10c · Land, buildings and equipment, net

    beginning of year $22,921,216 · end of year $27,750,322

  • 11 · Investments: publicly traded securities

    beginning of year $5,452,062 · end of year $7,262,248

  • 12 · Investments: other securities

    beginning of year $943,822 · end of year $985,400

  • 15 · Other assets

    beginning of year $1,150,952 · end of year $302,458

  • 17 · Accounts payable and accrued expenses

    beginning of year $49,584 · end of year $54,252

  • 19 · Deferred revenue

    beginning of year $4,500 · end of year $1,450

  • 24 · Unsecured notes and loans payable

    beginning of year $300,000

  • 25 · Other liabilities

    beginning of year $3,000 · end of year $3,000

  • 27 · Net assets without donor restrictions

    beginning of year $11,366,214 · end of year $11,749,738

  • 28 · Net assets with donor restrictions

    beginning of year $29,643,698 · end of year $32,888,831

Mission and programs · 2024

Mission

To protect and sustain the significant lands in our community for clean water, fresh food, outdoor recreation, healthy forests, and wildlife.

Activities or mission (Part I)

To protect and sustain the significant lands in our community for clean water, fresh food, outdoor recreation, healthy forests, and wildlife. The Organization has conserved more than 27,000 acres of open spaces in south

  • LAND CONSERVATION SELT conserved or assisted in the protection of 1,338 acres of land through 14 projects. Conservation work continued to focus on four key areas Living Landscapes, Clean Drinking Water, the Pawtuckaway to Great Bay Greenway initiative, and Farmland for the Future. Projects include acquisition of fee lands and easements and three assists for partners. Under our Living Landscapes initiative, SELT completed nine projects. Highlights included the donation of 140 acres in Atkinson, with a completed trail system and covered bridge, known as the Schafer Woods, and the donation of conservation easements, one in Hampton on 21 acres and another on 32 acres known as Ardnaberry in Rye. In Barrington, SELT acquired 144 acres along the Isinglass River, now known as the O Connell Family Woods. In addition, SELT acquired three separate tracts from the Bedford family, all of which were critical wildlife habitat along Stonehouse Brook and Mallego Brook and adjacent to Stonehouse Forest. CONTINUED ON SCHEDULE O

    Expenses $6,406,859

  • LAND MANAGEMENT At the end of 2024, SELT owned 45 distinct fee-owned properties, an increase of four year over year, and totaling 11,284 acres. SELT focused on installation of new trail systems, maintenance of existing trails, maintaining fields, invasive plant removal, wildlife habitat, forest health, and addressing trespasses and encroachments. Some of the projects completed include The Birch Ridge Community Forest in New Durham where 20 acres of early successional habitat was created and 35 acres of timber stand improvement was conducted. This work was the final phase of a larger scale management project that began in 2020 A wetlands crossing was replaced at Brown Brook Forest in Fremont. This replacement provided better access to the property for future management as well as re-established better connectivity of the wetland that is separated by the crossing a two-mile trail public trail system was maintained and signed, with a parking lot constructed, to welcome the public to Schafer Woods in Atkinson.

    Expenses $463,305

  • OUTREACH EDUCATION In 2024, SELT continued the All-Terrain Learning Adventures ATLAS program, a nature-based education initiative designed to connect children aged 5-12 to the natural world through partnerships with the Epping and Raymond school districts and the University of New Hampshire Cooperative Extension. SELT provided 878 students from Epping Middle School and Lamprey River Elementary School opportunities for child-led wild play, allowing room to creatively discover a passion for the natural world while encouraging an evergreen love of nature and cultivating the next generation of conservationists. SELT also hosted the inaugural Camp ATLAS for two weeks serving 40 youth. SELT continued its intentional expansion of engagement programming with 1,933 attendees at the 92 volunteer workdays, field trips, programs, and major events hosted at SELT properties and the Mathey Center. Programming included Wildlife Wednesdays, Little SELTie Story Time, guest speakers, hikes, educational presentations, and more. CONTINUED ON SCHEDULE O

    Expenses $441,936

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Brian Hart

    Executive Director

    Total calculated
    $166,981
    From this org
    $147,977
    From related orgs
    $0
    Other
    $19,004
    Hours/week
    40

  • Beverly Shadley

    Deputy Director

    Total calculated
    $140,943
    From this org
    $139,600
    From related orgs
    $0
    Other
    $1,343
    Hours/week
    40

  • Duane Hyde

    Land Conservation Director

    Total calculated
    $111,704
    From this org
    $110,400
    From related orgs
    $0
    Other
    $1,304
    Hours/week
    40

  • Brent Merriam

    President

    Total calculated
    $0
    Hours/week
    4

  • Peter Bergh

    Vice President

    Total calculated
    $0
    Hours/week
    4

  • Pam Hall

    Treasurer

    Total calculated
    $0
    Hours/week
    4

  • Haley Andreozzi

    Secretary

    Total calculated
    $0
    Hours/week
    4

  • Don Briselden

    Director

    Total calculated
    $0
    Hours/week
    2

  • Tom Chamberlin

    Director

    Total calculated
    $0
    Hours/week
    2

  • Dan Clapp

    Director

    Total calculated
    $0
    Hours/week
    2

  • Bruce Goodwin

    Director

    Total calculated
    $0
    Hours/week
    2

  • Reggie Hall

    Director

    Total calculated
    $0
    Hours/week
    2

  • Philip Lovejoy

    Director

    Total calculated
    $0
    Hours/week
    2

  • Scott Marion

    Director

    Total calculated
    $0
    Hours/week
    2

  • Joanie Pratt

    Director

    Total calculated
    $0
    Hours/week
    2

  • Samuel Reid

    Director

    Total calculated
    $0
    Hours/week
    2

  • Edie Shipley

    Director

    Total calculated
    $0
    Hours/week
    2

  • Laurie Smith

    Director

    Total calculated
    $0
    Hours/week
    2

  • Roger Stephenson

    Director

    Total calculated
    $0
    Hours/week
    2

  • Jim Varn

    Director

    Total calculated
    $0
    Hours/week
    2

  • John Wallace

    Director

    Total calculated
    $0
    Hours/week
    2

  • Alison Watts

    Director

    Total calculated
    $0
    Hours/week
    2

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • Forever Farms LLC

    Own and manage farms and associated buildings. · NH · income $16,750 · assets $1,039,305

    Directly controlled by SELT

  • Flexibility for the Future LLC

    Real estate management and development. · NH · assets $1,015,302

    Directly controlled by SELT

Provenance

Return type
form_990
Tax year
2024
Filed
21 July 2025
IRS schema version
2024v5.2
Source object
202522099349300802

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