Skip to content
Nonprofiteer
← ATLANTIC COAST CONSERVANCY INC

Form 990 for tax year 2023

Filed by ATLANTIC COAST CONSERVANCY INC.

Totals

Total revenue
$16,439,975
Total expenses
$3,016,420
Contributions and grants received
$10,021,284
Grants paid
$22,000
Program service revenue
$177,951
Investment income
$6,050,321
Other revenue
$190,419
Total assets, end of year
$127,053,367
Total liabilities, end of year
$462,441
Net assets or fund balances, end of year
$126,590,926
Program services expenses (Part IX)
$2,157,651
Management and general expenses
$858,769
Fundraising expenses
$0
Program service expenses (Part III)
$2,157,651

Program services were 71.5% 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.

  • 1f · All other contributions, gifts and grants

    $10,021,284

  • 1g · Noncash contributions included above

    $9,637,536

  • 2a · Program service revenue: AGRICULTURAL INCOME

    total $89,542 · related or exempt $89,542

  • 2b · Program service revenue: ENVIRONMENTAL PROF FEES

    total $88,409 · related or exempt $88,409

  • 3 · Investment income

    total $141,192 · excluded $141,192

  • 6a · Gross rents

    real property $188,877

  • 6c · Rental income or loss

    real property $188,877

  • 6d · Net rental income or loss

    total $188,877 · excluded $188,877

  • 7a · Gross sales of assets other than inventory

    other assets $8,328,618

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

    other assets $2,419,489

  • 7c · Gain or loss

    other assets $5,909,129

  • 7d · Net gain or loss

    total $5,909,129 · related or exempt $5,909,129

  • 11a · Other revenue: OTHER INCOME

    total $1,542 · related or exempt $1,542

  • 11e · Other revenue, total

    $1,542

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $22,000 · program services $22,000

  • 5 · Compensation of officers, directors and key employees

    total $294,000 · program services $294,000

  • 7 · Other salaries and wages

    total $486,348 · program services $395,356 · management and general $90,992

  • 8 · Pension plan contributions

    total $250,000 · program services $237,000 · management and general $13,000

  • 9 · Other employee benefits

    total $309,463 · program services $277,463 · management and general $32,000

  • 10 · Payroll taxes

    total $49,055 · program services $42,094 · management and general $6,961

  • 13 · Office expenses

    total $114,531 · program services $114,531

  • 14 · Information technology

    total $37,250 · program services $37,250

  • 16 · Occupancy

    total $22,799 · program services $22,799

  • 19 · Conferences, conventions and meetings

    total $40,173 · program services $40,173

  • 20 · Interest

    total $27,487 · management and general $27,487

  • 22 · Depreciation, depletion and amortization

    total $105,834 · program services $105,834

  • 23 · Insurance

    total $144,142 · program services $40,304 · management and general $103,838

  • 24a · Other expenses: PROFESSIONAL FEES

    total $627,378 · program services $57,086 · management and general $570,292

  • 24b · Other expenses: VEHICLE AND TRAVEL EXP

    total $168,762 · program services $168,762

  • 24c · Other expenses: TAXES & LICENSES

    total $118,486 · program services $112,666 · management and general $5,820

  • 24d · Other expenses: REPAIRS & MAINTENANCE

    total $107,967 · program services $107,967

  • 24e · All other expenses

    total $90,745 · program services $82,366 · management and general $8,379

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $113,986 · end of year $602,234

  • 2 · Savings and temporary cash investments

    beginning of year $39,365 · end of year $22,357

  • 4 · Accounts receivable

    beginning of year $191,904 · end of year $243,630

  • 7 · Other notes and loans receivable

    beginning of year $981,031 · end of year $1,817,448

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

    $3,085,960

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

    $1,016,641

  • 10c · Land, buildings and equipment, net

    beginning of year $2,040,102 · end of year $2,069,319

  • 11 · Investments: publicly traded securities

    beginning of year $2,540,367 · end of year $7,282,639

  • 15 · Other assets

    beginning of year $107,797,693 · end of year $115,015,740

  • 17 · Accounts payable and accrued expenses

    beginning of year $531,389 · end of year $437,441

  • 19 · Deferred revenue

    beginning of year $30,438 · end of year $25,000

  • 25 · Other liabilities

    beginning of year $650,000

  • 27 · Net assets without donor restrictions

    beginning of year $112,435,837 · end of year $126,586,706

  • 28 · Net assets with donor restrictions

    beginning of year $56,784 · end of year $4,220

Mission and programs · 2023

Mission

THE MISSION OF THE ATLANTIC COAST CONSERVANCY IS TO PROVIDE 21ST CENTURY SOLUTIONS AND SOUND SCIENTIFIC APPLICATIONS FOR CONSERVATION OF CRITICAL NATURAL RESOURCES IN THE FACE OF A CHANGING CLIMATE, FOCUSING ON THE SOUTHEASTHERN UNITED STATES WITH SPECIFIC UTILIZATION OF GEOGRAPHIC INFORMATION SYSTEMS APPLICATIONS IN LAND CONSERVATION, ECOSYSTEMS SERVICES, CARBON SEQUESTRATION AND CONSERVANCY BIOLOGY.

Activities or mission (Part I)

TO PROTECT LAND THROUGH CONSERVATION EASEMENTS AND SIMILAR LAND CONSERVATION TOOLS AND TO PROVIDE SOLUTIONS AND SCIENTIFIC APPLICATIONS FOR CONSERVATION OF CRITICAL NATURAL RESOURCES FOCUSING ON THE SOUTHEASTERN UNITED STATES.

  • THE CONSERVANCY WAS GRANTED 5 CONSERVATION EASEMENTS TO PERMANENTLY PRESERVE 1,253 ACRES OF WOODLANDS, FARMLAND, WATERSHED, AND WETLANDS, SIGNIFICANT HABITAT AND SPECIES, AND SCENIC VIEWS FROM FUTURE DEVELOPMENT FOR THE BENEFIT OF THE GENERAL PUBLIC. THE CONSERVANCY ALSO RECEIVED 3 FEE-SIMPLE LAND DONATIONS TOTALING 751 ACRES.

    Expenses $1,806,782

  • THE CONSERVANCY CONDUCTED MONITORING OF ITS CONSERVATION EASEMENTS USING ITS PROFESSIONAL ENVIRONMENTAL STAFF TO INSPECT AND DOCUMENT THE CONDITION OF THE PROPERTIES, TAKING MEASURES AS NECESSARY TO ENSURE LANDOWNER COMPLIANCE WITH EASEMENT REQUIREMENTS. THE CONSERVANCY CONDUCTED APPROPRIATE STEWARDSHIP AND MAINTENANCE ACTIVITIES TO ENSURE PROTECTION OF ITS FEE-OWNED PROPERTIES. IN TOTAL, THE CONSERVANCY'S LAND STEWARDSHIP PROGRAM PROVIDES PROTECTION FOR OVER 500 PROPERTIES TOTALING 118,000 ACRES IN 15 STATES, PREDOMINANTLY IN THE SOUTHEASTERN US.

    Expenses $290,790

  • THE CONSERVANCY CONDUCTED ITS COMMUNITY CONSERVATION PROGRAM BY SEEKING OUT AND RESPONDING BY VARIOUS MEANS TO NEEDS EXPRESSED BY PEOPLE IN THE LOCAL COMMUNITY. THIS PROGRAM AIDS IN DIRECTLY CONNECTING THE LOCAL POPULACE TO THE CONSERVANCY, WITH THE OBJECTIVE TO BRING AWARENESS OF THE IMPORTANCE AND RELEVANCE OF ITS LAND CONSERVATION MISSION AND BROADEN LOCAL SUPPORT FOR LAND CONSERVATION IN GENERAL.

    Expenses $60,079 · Grants $60,079

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

Listed in Part VII

  • Robert Keller

    CEO (NON-VOT

    Total calculated
    $493,000
    From this org
    $294,000
    From related orgs
    $0
    Other
    $199,000
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $275,000
    Bonus
    $19,000
    Other
    not reported
    Deferred
    $165,000
    Nontaxable benefits
    $34,000
    Filer's total
    $493,000

  • Amberle Godfrey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Gary Hammond

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    3

  • Philip Landrum III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Joseph Skalski

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Joe Walker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

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

  • 1a · First-class or charter travel
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation survey or study
  • 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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

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.

  • ATLANTIC COAST CONSERVANCY PROPERTI

    SEE SUPPL · GA · income $10,042,300 · assets $69,694,603

    Directly controlled by SEE SUPPL

Provenance

Return type
form_990
Tax year
2023
Filed
17 July 2024
IRS schema version
2023v5.0
Source object
202402349349300005

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.