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Nonprofiteer
← CENTRAL INDIANA LAND TRUST INCORPORATED

Form 990 for tax year 2023

Filed by CENTRAL INDIANA LAND TRUST INCORPORATED.

Totals

Total revenue
$6,290,728
Total expenses
$1,452,659
Contributions and grants received
$6,010,724
Grants paid
$30,000
Program service revenue
$0
Investment income
$162,757
Other revenue
$117,247
Total assets, end of year
$30,723,607
Total liabilities, end of year
$101,732
Net assets or fund balances, end of year
$30,621,875
Program services expenses (Part IX)
$1,101,835
Management and general expenses
$229,721
Fundraising expenses
$121,103
Program service expenses (Part III)
$1,101,835

Program services were 75.8% 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.

  • 1f · All other contributions, gifts and grants

    $6,010,724

  • 1g · Noncash contributions included above

    $3,146,542

  • 3 · Investment income

    total $175,123 · excluded $175,123

  • 6a · Gross rents

    real property $116,442

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $116,442

  • 6d · Net rental income or loss

    total $116,442 · excluded $116,442

  • 7a · Gross sales of assets other than inventory

    securities $321,053

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

    securities $333,419

  • 7c · Gain or loss

    securities -$12,366

  • 7d · Net gain or loss

    total -$12,366 · excluded -$12,366

  • 11a · Other revenue: MISCELLANEOUS

    total $805 · related or exempt $805

  • 11e · Other revenue, total

    $805

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $30,000 · program services $30,000

  • 5 · Compensation of officers, directors and key employees

    total $168,117 · program services $131,131 · management and general $11,768 · fundraising $25,218

  • 7 · Other salaries and wages

    total $496,233 · program services $387,062 · management and general $34,736 · fundraising $74,435

  • 9 · Other employee benefits

    total $69,009 · program services $53,827 · management and general $4,831 · fundraising $10,351

  • 10 · Payroll taxes

    total $49,839 · program services $38,874 · management and general $3,489 · fundraising $7,476

  • 11b · Fees: legal

    total $7,351 · program services $1,103 · management and general $6,248

  • 11c · Fees: accounting

    total $39,063 · program services $5,859 · management and general $33,204

  • 11f · Fees: investment management

    total $16,022 · management and general $16,022

  • 11g · Fees: other

    total $29,065 · program services $4,360 · management and general $24,705

  • 13 · Office expenses

    total $97,741 · program services $80,148 · management and general $17,593

  • 14 · Information technology

    total $22,729 · program services $18,638 · management and general $4,091

  • 16 · Occupancy

    total $17,820 · program services $14,612 · management and general $3,208

  • 17 · Travel

    total $25,989 · program services $22,091 · management and general $1,299 · fundraising $2,599

  • 22 · Depreciation, depletion and amortization

    total $105,323 · program services $86,365 · management and general $18,958

  • 23 · Insurance

    total $22,467 · program services $8,987 · management and general $13,480

  • 24a · Other expenses: CONTRACT SERVICES

    total $154,232 · program services $131,097 · management and general $23,135

  • 24b · Other expenses: CONSERV EASEMENT EXPENS

    total $34,600 · program services $34,600

  • 24c · Other expenses: MISCELLANEOUS

    total $27,826 · program services $22,261 · management and general $5,565

  • 24d · Other expenses: DUES & SUBSCRIPTIONS

    total $18,472 · program services $11,083 · management and general $7,389

  • 24e · All other expenses

    total $20,761 · program services $19,737 · fundraising $1,024

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $4,446,848 · end of year $3,837,825

  • 3 · Pledges and grants receivable

    beginning of year $65,000 · end of year $378,800

  • 9 · Prepaid expenses and deferred charges

    beginning of year $12,791 · end of year $14,564

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

    $779,157

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

    $296,894

  • 10c · Land, buildings and equipment, net

    beginning of year $587,586 · end of year $482,263

  • 11 · Investments: publicly traded securities

    beginning of year $1,564,049 · end of year $2,272,811

  • 15 · Other assets

    beginning of year $19,225,507 · end of year $23,737,344

  • 17 · Accounts payable and accrued expenses

    beginning of year $88,044 · end of year $90,107

  • 19 · Deferred revenue

    beginning of year $11,625 · end of year $11,625

  • 27 · Net assets without donor restrictions

    beginning of year $2,982,826 · end of year $3,332,993

  • 28 · Net assets with donor restrictions

    beginning of year $22,819,286 · end of year $27,288,882

Mission and programs · 2023

Mission

THE CENTRAL INDIANA LAND TRUST, INC. PRESERVES THE BEST OF CENTRAL INDIANA'S NATURAL AREAS, PROTECTING PLANTS AND ANIMALS, SO HOOSIERS CAN EXPERIENCE THE WONDER OF THE STATE'S NATURAL HERITAGE.

  • THE CENTRAL INDIANA LAND TRUST, INC. (CILTI) PRESERVES THE BEST OF CENTRAL INDIANA'S NATURAL AREAS, PROTECTING PLANTS AND ANIMALS, SO HOOSIERS CAN EXPERIENCE THE WONDER OF THE STATE'S NATURAL HERITAGE. CILTI OWNS 2,304 ACRES. CILTI ALSO HAS 2,944 ACRES UNDER CONSERVATION EASEMENT. IN ADDITION, CILTI HAS PROVIDED ASSISTANCE IN PROTECTING PARTNER PROPERTIES, MAKING OUR TOTAL ACRES PROTECTED THROUGHOUT THE REGION 8,051 ACRES. IN 2023, CILTI PROTECTED 570 ACRES OF UNBROKEN FOREST IN PUTNAM COUNTY, KNOWN AS FERN STATION. WE CONSERVED 200 ACRES WEST OF SUGAR MILL CREEK IN BEAUTIFUL PARKE COUNTY THROUGH CONSERVATION EASEMENT. WE EXPANDED BOTH BETLEY WOODS AT GLACIER'S END AND CALLON HOLLOW, INCREASING HABITAT FOR SENSITIVE SPECIES LIKE BROAD-WINGED HAWKS, HOODED WARBLERS, & EASTERN BOX TURTLES. WE PLANTED TREES IN A FORMER FARM FIELD ADJOINING MELTZER WOODS, BUFFERING THE OLD GROWTH FOREST. ANOTHER TREE PLANTING AT THE WALLACE F. HOLLADAY PRESERVE AT AMERIPLEX ALSO MOVED US CLOSER TO OUR MILLION TREE GOAL.

    Expenses $1,101,835 · Grants $30,000 · Revenue $805

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

Listed in Part VII

  • Clifford R Chapman

    PRESIDENT & CEO

    Total calculated
    $168,117
    From this org
    $157,924
    From related orgs
    $0
    Other
    $10,193
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,924
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,193
    Filer's total
    $168,117

  • Andrew Stokely

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Curt Devoe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dan Willis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Daniel Pulliam

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Heather Bobich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Karen Wade

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kevin McKelvey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lori Kaplan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mary Beth Tuohy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rima Shahid

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ryan Fuhrmann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Stephen Simon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joe Hawkins

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Priscilla Johnson

    VP OF ADVANCEMENT

    Total calculated
    $0
    Hours/week
    1

  • Tom Betley

    VICE CHAIR OF PROGRAMS

    Total calculated
    $0
    Hours/week
    1

  • Thomas F Maurath

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • John Bacone

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Stacy E Cachules

    CHIEF OPERATING OFFICER

    Total calculated
    $125,411
    From this org
    $121,589
    From related orgs
    $0
    Other
    $3,822
    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 · Form 990 of other organizations
  • 3 · Compensation survey or study

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

The filer's explanations (Part III)

PART I, LINE 3
THE EXECUTIVE COMMITTEE SERVES AS THE COMPENSATION COMMITTEE FOR THE PRESIDENT & CEO AND THE COO. THIS COMMITTEE REGULARLY REVIEWS OTHER ORGANIZATIONS 990S AND COMPENSATION SURVEYS FROM THE LAND TRUST ALLIANCE TO DETERMINE SALARIES.

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

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.

  • CITLI - OLIVER WOODS LLC

    CONSERVATION · IN · income $26,982 · assets $1,099,562

Provenance

Return type
form_990
Tax year
2023
Filed
8 November 2024
IRS schema version
2023v5.1
Source object
202433139349303348

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