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Nonprofiteer
← SOUTHEAST LAND TRUST OF NEW HAMPSHIRE

Form 990 for tax year 2025

Filed by SOUTHEAST LAND TRUST OF NEW HAMPSHIRE.

Totals

Total revenue
$10,592,012
Total expenses
$8,234,403
Contributions and grants received
$9,898,244
Grants paid
$0
Program service revenue
$125,690
Investment income
$491,060
Other revenue
$77,018
Total assets, end of year
$48,076,240
Total liabilities, end of year
$90,301
Net assets or fund balances, end of year
$47,985,939
Program services expenses (Part IX)
$7,058,670
Management and general expenses
$923,287
Fundraising expenses
$252,446
Program service expenses (Part III)
$7,058,670

Program services were 85.7% 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

    $165,956

  • 1c · Fundraising events

    $36,044

  • 1e · Government grants (contributions)

    $2,564,301

  • 1f · All other contributions, gifts and grants

    $7,131,943

  • 1g · Noncash contributions included above

    $2,081,352

  • 2a · Program service revenue: Contracted services

    total $2,220 · related or exempt $2,220

  • 2b · Program service revenue: Timber revenue

    total $123,470 · related or exempt $123,470

  • 3 · Investment income

    total $362,071 · excluded $362,071

  • 6a · Gross rents

    real property $68,825

  • 6c · Rental income or loss

    real property $68,825

  • 6d · Net rental income or loss

    total $68,825 · excluded $68,825

  • 7a · Gross sales of assets other than inventory

    securities $1,649,639

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

    securities $1,520,650

  • 7c · Gain or loss

    securities $128,989

  • 7d · Net gain or loss

    total $128,989 · excluded $128,989

  • 8a · Fundraising events: gross income

    $26,657

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

    $36,044

  • 8b · Fundraising events: direct expenses

    $35,466

  • 8c · Net income from fundraising events

    total -$8,809 · excluded -$8,809

  • 10a · Gross sales of inventory

    $610

  • 10c · Net income from sales of inventory

    total $610 · related or exempt $610

  • 11a · Other revenue: Other income

    total $16,392 · related or exempt $16,392

  • 11e · Other revenue, total

    $16,392

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 $274,750 · program services $186,410 · management and general $71,890 · fundraising $16,450

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $1,193,137 · program services $819,501 · management and general $280,557 · fundraising $93,079

  • 8 · Pension plan contributions

    total $49,436 · program services $35,447 · management and general $9,272 · fundraising $4,717

  • 9 · Other employee benefits

    total $73,959 · program services $53,030 · management and general $13,871 · fundraising $7,058

  • 10 · Payroll taxes

    total $109,641 · program services $76,437 · management and general $24,630 · fundraising $8,574

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $33,087 · program services $30,344 · management and general $2,743

  • 11c · Fees: accounting

    total $85,401 · management and general $85,401

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $63,600 · fundraising $63,600

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $493,565 · program services $403,977 · management and general $89,588

  • 12 · Advertising and promotion

    total $5,205 · program services $834 · management and general $4,271 · fundraising $100

  • 13 · Office expenses

    total $62,202 · program services $27,011 · management and general $29,309 · fundraising $5,882

  • 14 · Information technology

    total $51,888 · program services $22,756 · management and general $21,143 · fundraising $7,989

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $103,080 · program services $60,512 · management and general $42,568

  • 17 · Travel

    total $14,227 · program services $12,850 · management and general $1,330 · fundraising $47

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $12,214 · program services $6,981 · management and general $4,383 · fundraising $850

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $204,658 · program services $29,066 · management and general $175,592

  • 23 · Insurance

    total $81,288 · program services $40,311 · management and general $40,977

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

    total $5,202,887 · program services $5,183,756 · fundraising $19,131

  • 24b · Other expenses: Processing fees

    total $26,237 · program services $2,026 · management and general $12,585 · fundraising $11,626

  • 24c · Other expenses: Printing and copying

    total $40,789 · program services $19,362 · management and general $8,132 · fundraising $13,295

  • 24d · Other expenses: Property taxes

    total $38,396 · program services $37,550 · management and general $846

  • 24e · All other expenses

    total $14,756 · program services $10,509 · management and general $4,199 · fundraising $48

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $488,476 · end of year $577,939

  • 2 · Savings and temporary cash investments

    beginning of year $3,740,931 · end of year $4,580,714

  • 3 · Pledges and grants receivable

    beginning of year $4,103,276 · end of year $3,737,148

  • 4 · Accounts receivable

    beginning of year $5,474

  • 9 · Prepaid expenses and deferred charges

    beginning of year $58,686 · end of year $80,489

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

    $29,795,386

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

    $760,392

  • 10c · Land, buildings and equipment, net

    beginning of year $27,750,322 · end of year $29,034,994

  • 11 · Investments: publicly traded securities

    beginning of year $7,262,248 · end of year $8,691,869

  • 12 · Investments: other securities

    beginning of year $985,400 · end of year $1,096,620

  • 15 · Other assets

    beginning of year $302,458 · end of year $276,467

  • 17 · Accounts payable and accrued expenses

    beginning of year $54,252 · end of year $84,151

  • 19 · Deferred revenue

    beginning of year $1,450 · end of year $3,150

  • 25 · Other liabilities

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

  • 27 · Net assets without donor restrictions

    beginning of year $11,749,738 · end of year $12,222,316

  • 28 · Net assets with donor restrictions

    beginning of year $32,888,831 · end of year $35,763,623

Mission and programs · 2025

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 30,000 acres of open spaces in southeastern New Hampshire.

  • LAND CONSERVATION SELT conserved or assisted in the protection of 1,706 acres of land through 19 projects in 2025. 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 several assists for partners. Under our Living Landscapes initiative, SELT completed ten projects. Highlights included the donation of 100 acres in Deerfield as an addition to the Robert Rix Family Forest, and the donation of several conservation easements, including one in Kingston and Hampstead on 36 acres and another on 18 acres in Madbury and Durham. In Portsmouth SELT completed a conservation easement know as Portsmouths 100-acre Woods, which was a 94-acre project conserving the largest privately owned un-conserved tract within the City. CONTINUED ON SCHEDULE O

    Expenses $5,908,181

  • LAND MANAGEMENTAt the end of 2025, SELT owned 47 distinct fee-owned properties, an increase of two over the prior year, with additional acreage added to two existing fee-owned properties, bringing the total acreage owned to 12,166. 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 Commercial timber harvests at Stonehouse Forest in Barrington, Ahl Memorial Forest in Kingston, and Piscassic Greenway in Newmarket and Newfields to increase forest species diversity and health as well as wildlife habitat. An All-Persons trail was created at Birch Ridge Community Forest in New Durham, providing a nearly 4,000-foot long packed-gravel surface with a gentle slope, allowing people of all abilities to enjoy a walk in the woods and mountain views, including Mt. Washington. Approximately four acres of young forest was re-cleared at the Pawtuckaway River Reservation CONTINUED ON SCHEDULE O.

    Expenses $401,911 · Revenue $123,470

  • OUTREACH EDUCATION In 2025, 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 over 900 students from Epping Middle School, Epping Elementary 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 over 3,900 attendees at over 90 volunteer workdays, field trips, programs, and major events hosted at SELT properties and the Mathey Center. Major events included the Wild Scenic Film Festival, TrailFest, and the Annual Meeting and Conservation Celebration. CONTINUED ON SCHEDULE O

    Expenses $423,922

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Brian Hart

    Executive Director

    Total calculated
    $172,596
    From this org
    $164,500
    From related orgs
    $0
    Other
    $8,096
    Hours/week
    45

  • Duane Hyde

    Land Conservation Director

    Total calculated
    $116,199
    From this org
    $110,250
    From related orgs
    $0
    Other
    $5,949
    Hours/week
    45

  • 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

  • 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

  • Amanda Merrill

    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 $17,400 · assets $1,344,749

    Directly controlled by SELT

  • Flexibility for the Future LLC

    Real estate management and development. · NH · income $6,500 · assets $789,428

    Directly controlled by SELT

Provenance

Return type
form_990
Tax year
2025
Filed
21 July 2026
IRS schema version
2025v4.1
Source object
202622059349300312

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