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Nonprofiteer
← SOUTHEAST LAND TRUST OF NEW HAMPSHIRE

Form 990 for tax year 2023

Filed by SOUTHEAST LAND TRUST OF NEW HAMPSHIRE.

Totals

Total revenue
$8,972,941
Total expenses
$4,947,678
Contributions and grants received
$8,062,545
Grants paid
$0
Program service revenue
$57,904
Investment income
$298,250
Other revenue
$554,242
Total assets, end of year
$41,366,996
Total liabilities, end of year
$357,084
Net assets or fund balances, end of year
$41,009,912
Program services expenses (Part IX)
$3,922,315
Management and general expenses
$804,025
Fundraising expenses
$221,338
Program service expenses (Part III)
$3,922,315

Program services were 79.3% 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

    $156,545

  • 1c · Fundraising events

    $30,413

  • 1e · Government grants (contributions)

    $2,867,879

  • 1f · All other contributions, gifts and grants

    $5,007,708

  • 1g · Noncash contributions included above

    $1,476,018

  • 2a · Program service revenue: Contracted services

    total $2,170 · related or exempt $2,170

  • 2b · Program service revenue: Timber revenue

    total $55,734 · related or exempt $55,734

  • 3 · Investment income

    total $271,205 · excluded $271,205

  • 6a · Gross rents

    real property $45,100

  • 6c · Rental income or loss

    real property $45,100

  • 6d · Net rental income or loss

    total $45,100 · excluded $45,100

  • 7a · Gross sales of assets other than inventory

    securities $812,714

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

    securities $785,669

  • 7c · Gain or loss

    securities $27,045

  • 7d · Net gain or loss

    total $27,045 · excluded $27,045

  • 8a · Fundraising events: gross income

    $40,807

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

    $30,413

  • 8b · Fundraising events: direct expenses

    $36,603

  • 8c · Net income from fundraising events

    total $4,204 · excluded $4,204

  • 11a · Other revenue: Other income

    total $1,276 · related or exempt $1,276

  • 11b · Other revenue: realized life estate held for resale

    total $503,662 · related or exempt $503,662

  • 11e · Other revenue, total

    $504,938

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 $378,308 · program services $140,638 · management and general $163,112 · fundraising $74,558

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $685,291 · program services $516,130 · management and general $159,250 · fundraising $9,911

  • 8 · Pension plan contributions

    total $34,628 · program services $26,029 · management and general $8,090 · fundraising $509

  • 9 · Other employee benefits

    total $53,708 · program services $40,372 · management and general $12,547 · fundraising $789

  • 10 · Payroll taxes

    total $81,762 · program services $50,720 · management and general $24,658 · fundraising $6,384

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $18,355 · program services $14,965 · management and general $3,390

  • 11c · Fees: accounting

    total $81,407 · management and general $81,407

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $84,900 · fundraising $84,900

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $283,694 · program services $248,785 · management and general $28,999 · fundraising $5,910

  • 12 · Advertising and promotion

    total $2,111 · program services $1,471 · management and general $540 · fundraising $100

  • 13 · Office expenses

    total $88,612 · program services $40,685 · management and general $29,757 · fundraising $18,170

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $75,021 · program services $26,729 · management and general $48,292

  • 17 · Travel

    total $12,395 · program services $11,400 · management and general $610 · fundraising $385

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $11,120 · program services $4,878 · management and general $4,983 · fundraising $1,259

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $172,072 · program services $13,825 · management and general $158,247

  • 23 · Insurance

    total $66,774 · program services $26,399 · management and general $40,375

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

    total $2,688,112 · program services $2,688,112

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

    total $12,227 · program services $12,227

  • 24c · Other expenses: Printing and copying

    total $45,737 · program services $21,426 · management and general $5,976 · fundraising $18,335

  • 24d · Other expenses: Property taxes

    total $31,421 · program services $26,147 · management and general $5,274

  • 24e · All other expenses

    total $40,023 · program services $11,377 · management and general $28,518 · fundraising $128

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $448,362 · end of year $353,491

  • 2 · Savings and temporary cash investments

    beginning of year $3,148,403 · end of year $4,452,871

  • 3 · Pledges and grants receivable

    beginning of year $4,743,812 · end of year $6,082,799

  • 4 · Accounts receivable

    end of year $3,420

  • 7 · Other notes and loans receivable

    beginning of year $175,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $21,787 · end of year $6,363

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

    $23,291,063

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

    $369,847

  • 10c · Land, buildings and equipment, net

    beginning of year $20,917,020 · end of year $22,921,216

  • 11 · Investments: publicly traded securities

    beginning of year $4,688,956 · end of year $5,452,062

  • 12 · Investments: other securities

    beginning of year $883,445 · end of year $943,822

  • 15 · Other assets

    beginning of year $1,357,601 · end of year $1,150,952

  • 17 · Accounts payable and accrued expenses

    beginning of year $83,848 · end of year $49,584

  • 19 · Deferred revenue

    end of year $4,500

  • 24 · Unsecured notes and loans payable

    end of year $300,000

  • 25 · Other liabilities

    end of year $3,000

  • 27 · Net assets without donor restrictions

    beginning of year $9,537,367 · end of year $11,366,214

  • 28 · Net assets with donor restrictions

    beginning of year $26,763,171 · end of year $29,643,698

Mission and programs · 2023

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 899 acres of land through 10 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 SELT acquisition of fee lands and easements and one deeded executory interest. Under our Living Landscapes initiative, SELT completed seven projects, with the highlight being two generous donations, one a fee interest to 4.2 acres along the Lamprey River that is an addition to the existing Robert Rix Family Forest in Deerfield, which now totals 80-acres. The second donation was a 15.4-acre conservation easement in Atkinson working with the Town of Atkinson and The Conservation Fund on the former Lang property. The Town now owns the Lang property subject to the SELT conservation easement and it is part of the Towns larger Atkinson West Sawmill Town Forest conservation area. CONTINUED ON SCHEDULE O

    Expenses $3,192,421 · Revenue $2,170

  • LAND MANAGEMENT By the end of 2023, SELT owned 41 reservations totaling more than 10,834 acres, with all lands being visited for monitoring purposes. SELT lands continue to be well visited by the public due to an increased interest in outdoor recreation. SELT created early successional habitat, performed Forest Stand Improvement and improved management access on existing woods road at Birch Ridge Community Forest in New Durham. Management activities including invasive species removal for field restoration began at Mullen Forest in Fremont and re-establishing early successional forest habitat at Piscassic Greenway in Newfields. At Stonehouse Forest in Barrington, SELT worked with a consulting forester to conduct a timber harvest for forest health and wildlife habitat improvement on 140 acres. The Organization also conducted trail planning and the installation of recreational infrastructure including trails and parking at Birch Ridge Community Forest and Collins Family Forest in New Durham and Harveys Kennard Hill Forest in Epping, SELT maintains more than 70 miles of trails in total.

    Expenses $239,096 · Revenue $55,734

  • OUTREACH EDUCATION In 2023, SELT expanded 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 the two least resourced school districts in the Rockingham County service area, and with the University of New Hampshire Cooperative Extension UNHCE Health and Well-Being and 4-H Education and Youth Development team. Through ATLAS SELT provided 950 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 had 1,927 attendees at the 87 field trips and workshops hosted in 2023. This is a marked increase from the programming SELT offered in 2022 which included 53 field trips and workshops, and served 860 CONTINUED ON SCHEDULE O

    Expenses $306,492

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Brian Hart

    Executive Director

    Total calculated
    $161,006
    From this org
    $137,766
    From related orgs
    $0
    Other
    $23,240
    Hours/week
    40

  • Beverly Shadley

    Deputy Director

    Total calculated
    $132,360
    From this org
    $127,308
    From related orgs
    $0
    Other
    $5,052
    Hours/week
    40

  • Duane Hyde

    Land Conservation Director

    Total calculated
    $105,000
    From this org
    $101,000
    From related orgs
    $0
    Other
    $4,000
    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

  • 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

  • John Wallace

    Director

    Total calculated
    $0
    Hours/week
    2

  • Alison Watts

    Director

    Total calculated
    $0
    Hours/week
    2

  • Rob Wofchuck

    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 $15,810 · assets $995,045

    Directly controlled by SELT

Provenance

Return type
form_990
Tax year
2023
Filed
26 September 2024
IRS schema version
2023v5.1
Source object
202432709349300943

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