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Nonprofiteer
← THE FINGER LAKES LAND TRUST INC

Form 990 for tax year 2022

Filed by THE FINGER LAKES LAND TRUST INC.

Totals

Total revenue
$9,320,582
Total expenses
$5,050,085
Contributions and grants received
$8,476,462
Grants paid
$0
Program service revenue
$0
Investment income
$835,658
Other revenue
$8,462
Total assets, end of year
$38,220,308
Total liabilities, end of year
$2,333,030
Net assets or fund balances, end of year
$35,887,278
Program services expenses (Part IX)
$4,417,592
Management and general expenses
$295,821
Fundraising expenses
$336,672
Program service expenses (Part III)
$4,417,592

Program services were 87.5% 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

    $248,705

  • 1e · Government grants (contributions)

    $2,581,711

  • 1f · All other contributions, gifts and grants

    $5,646,046

  • 1g · Noncash contributions included above

    $1,136,726

  • 3 · Investment income

    total $409,518 · excluded $409,518

  • 6a · Gross rents

    real property $33,140

  • 6b · Less rental expenses

    real property $35,135

  • 6c · Rental income or loss

    real property -$1,995

  • 6d · Net rental income or loss

    total -$1,995 · excluded -$1,995

  • 7a · Gross sales of assets other than inventory

    securities $920,107 · other assets $461,000

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

    securities $527,705 · other assets $427,262

  • 7c · Gain or loss

    securities $392,402 · other assets $33,738

  • 7d · Net gain or loss

    total $426,140 · excluded $426,140

  • 11a · Other revenue: Other Related Income

    total $10,457 · related or exempt $10,457

  • 11e · Other revenue, total

    $10,457

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $191,407 · program services $143,555 · management and general $19,141 · fundraising $28,711

  • 7 · Other salaries and wages

    total $961,872 · program services $705,626 · management and general $99,889 · fundraising $156,357

  • 8 · Pension plan contributions

    total $40,337 · program services $29,573 · management and general $4,193 · fundraising $6,571

  • 9 · Other employee benefits

    total $164,489 · program services $120,800 · management and general $17,051 · fundraising $26,638

  • 10 · Payroll taxes

    total $86,924 · program services $63,975 · management and general $8,978 · fundraising $13,971

  • 11b · Fees: legal

    total $9,246 · program services $9,246

  • 11c · Fees: accounting

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

  • 11d · Fees: lobbying

    total $13,099 · program services $9,641 · management and general $1,353 · fundraising $2,105

  • 11f · Fees: investment management

    total $18,897 · management and general $18,897

  • 11g · Fees: other

    total $225,941 · program services $195,376 · management and general $13,864 · fundraising $16,701

  • 12 · Advertising and promotion

    total $19,804 · program services $14,576 · management and general $2,045 · fundraising $3,183

  • 13 · Office expenses

    total $97,587 · program services $69,383 · management and general $9,765 · fundraising $18,439

  • 14 · Information technology

    total $96,944 · program services $71,350 · management and general $10,013 · fundraising $15,581

  • 16 · Occupancy

    total $106,968 · program services $101,069 · management and general $2,308 · fundraising $3,591

  • 17 · Travel

    total $54,016 · program services $39,756 · management and general $5,579 · fundraising $8,681

  • 19 · Conferences, conventions and meetings

    total $61,990 · program services $32,920 · fundraising $29,070

  • 22 · Depreciation, depletion and amortization

    total $55,362 · program services $55,362

  • 23 · Insurance

    total $25,198 · program services $18,545 · management and general $2,603 · fundraising $4,050

  • 24a · Other expenses: Conservation Easement V

    total $2,673,972 · program services $2,673,972

  • 24b · Other expenses: Bad Debt

    total $65,000 · management and general $65,000

  • 24c · Other expenses: Land Management

    total $49,026 · program services $49,026

  • 24d · Other expenses: Small Equipment

    total $18,806 · program services $13,841 · management and general $1,942 · fundraising $3,023

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,271,836 · end of year $1,809,183

  • 2 · Savings and temporary cash investments

    beginning of year $334,795 · end of year $91,439

  • 3 · Pledges and grants receivable

    beginning of year $2,082,507 · end of year $2,852,931

  • 8 · Inventories for sale or use

    beginning of year $329 · end of year $329

  • 9 · Prepaid expenses and deferred charges

    beginning of year $42,970 · end of year $47,154

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

    $20,041,720

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

    $685,485

  • 10c · Land, buildings and equipment, net

    beginning of year $17,580,752 · end of year $19,356,235

  • 11 · Investments: publicly traded securities

    beginning of year $12,618,849 · end of year $14,062,864

  • 14 · Intangible assets

    beginning of year $158 · end of year $173

  • 17 · Accounts payable and accrued expenses

    beginning of year $133,948 · end of year $89,088

  • 21 · Escrow or custodial account liability

    beginning of year $5,483 · end of year $4,127

  • 24 · Unsecured notes and loans payable

    beginning of year $2,000,000 · end of year $2,000,000

  • 25 · Other liabilities

    beginning of year $667,768 · end of year $239,815

  • 27 · Net assets without donor restrictions

    beginning of year $13,982,437 · end of year $26,818,227

  • 28 · Net assets with donor restrictions

    beginning of year $17,142,560 · end of year $9,069,051

Mission and programs · 2022

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 2,038 acres pushing the total acreage above 30,300 acres.The program is supported by contributions and government grants.

    Expenses $4,417,592 · Revenue $10,457

As filed on the 2022 return.

Listed in Part VII

  • Fred Van Sickle

    President

    Total calculated
    $0
    Hours/week
    0.4

  • Karen Meriwether

    Vice-President

    Total calculated
    $0
    Hours/week
    0.4

  • Maria Fernandez-Gaige

    Secretary

    Total calculated
    $0
    Hours/week
    0.4

  • William Eggers

    Treasurer

    Total calculated
    $0
    Hours/week
    0.4

  • Lindsay Ruth

    Director At Large

    Total calculated
    $0
    Hours/week
    0.4

  • Amy Allyn

    Director

    Total calculated
    $0
    Hours/week
    0.4

  • Lynden Archer

    Director (through 4/2023)

    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

  • Hadley Lundback

    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

    Director

    Total calculated
    $0
    Hours/week
    0.4

  • Myra J Shulman

    Director

    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

  • Patty Weisse

    Director

    Total calculated
    $0
    Hours/week
    0.4

  • Lynn Eusden

    Director

    Total calculated
    $0
    Hours/week
    0.4

  • Andrew Zepp

    Executive Director

    Total calculated
    $165,335
    From this org
    $138,919
    From related orgs
    $0
    Other
    $26,416
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $138,919
    Bonus
    $0
    Other
    $0
    Deferred
    $8,710
    Nontaxable benefits
    $17,706
    Filer's total
    $165,335

  • Kelly Makosch

    Senior Director

    Total calculated
    $118,306
    From this org
    $104,063
    From related orgs
    $0
    Other
    $14,243
    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. 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
2022
Filed
20 February 2024
IRS schema version
2022v5.0
Source object
202410589349301241

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