Skip to content
Nonprofiteer
← NORTHEAST WILDERNESS TRUST

Form 990 for tax year 2024

Filed by NORTHEAST WILDERNESS TRUST.

Totals

Total revenue
$19,585,696
Total expenses
$5,093,459
Contributions and grants received
$18,972,240
Grants paid
$831,250
Program service revenue
$37,270
Investment income
$576,186
Other revenue
$0
Total assets, end of year
$63,603,276
Total liabilities, end of year
$141,559
Net assets or fund balances, end of year
$63,461,717
Program services expenses (Part IX)
$4,522,731
Management and general expenses
$377,236
Fundraising expenses
$193,492
Program service expenses (Part III)
$4,522,731

Program services were 88.8% 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.

  • 1e · Government grants (contributions)

    $181,987

  • 1f · All other contributions, gifts and grants

    $18,790,253

  • 1g · Noncash contributions included above

    $4,373,628

  • 2a · Program service revenue: GENERAL

    total $37,270 · related or exempt $37,270

  • 3 · Investment income

    total $593,346 · excluded $593,346

  • 7a · Gross sales of assets other than inventory

    securities $5,449,055

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

    securities $5,466,215

  • 7c · Gain or loss

    securities -$17,160

  • 7d · Net gain or loss

    total -$17,160 · excluded -$17,160

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $831,250 · program services $831,250

  • 5 · Compensation of officers, directors and key employees

    total $188,539 · program services $156,403 · management and general $18,945 · fundraising $13,191

  • 7 · Other salaries and wages

    total $1,468,536 · program services $1,218,195 · management and general $147,600 · fundraising $102,741

  • 8 · Pension plan contributions

    total $40,294 · program services $33,446 · management and general $4,029 · fundraising $2,819

  • 9 · Other employee benefits

    total $195,124 · program services $161,952 · management and general $19,513 · fundraising $13,659

  • 10 · Payroll taxes

    total $145,277 · program services $120,580 · management and general $14,528 · fundraising $10,169

  • 11c · Fees: accounting

    total $19,599 · program services $16,267 · management and general $1,960 · fundraising $1,372

  • 11f · Fees: investment management

    total $106,908 · management and general $106,908

  • 11g · Fees: other

    total $198,580 · program services $164,805 · management and general $3,521 · fundraising $30,254

  • 12 · Advertising and promotion

    total $99,403 · program services $92,727 · management and general $3,992 · fundraising $2,684

  • 13 · Office expenses

    total $46,331 · program services $39,405 · management and general $5,032 · fundraising $1,894

  • 16 · Occupancy

    total $57,000 · program services $47,310 · management and general $5,700 · fundraising $3,990

  • 17 · Travel

    total $103,232 · program services $86,365 · management and general $11,694 · fundraising $5,173

  • 19 · Conferences, conventions and meetings

    total $28,650 · program services $3,885 · management and general $24,765

  • 23 · Insurance

    total $22,594 · program services $19,495 · management and general $1,823 · fundraising $1,276

  • 24a · Other expenses: LOSS ON WITHDRAWN PROJE

    total $890,598 · program services $890,598

  • 24b · Other expenses: PROJECT DISBURSEMENTS

    total $508,028 · program services $508,028

  • 24c · Other expenses: REAL ESTATE TAXES

    total $57,605 · program services $57,605

  • 24d · Other expenses: DUES AND PUBLICATIONS

    total $33,773 · program services $26,736 · management and general $4,589 · fundraising $2,448

  • 24e · All other expenses

    total $52,138 · program services $47,679 · management and general $2,637 · fundraising $1,822

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,461,888 · end of year $4,285,655

  • 2 · Savings and temporary cash investments

    beginning of year $12,432,538 · end of year $12,246,115

  • 3 · Pledges and grants receivable

    beginning of year $2,057,403 · end of year $5,311,740

  • 9 · Prepaid expenses and deferred charges

    beginning of year $54,604 · end of year $48,620

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

    $19,546,258

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

    $15,696

  • 10c · Land, buildings and equipment, net

    beginning of year $21,694,929 · end of year $19,530,562

  • 12 · Investments: other securities

    beginning of year $17,549,403 · end of year $21,491,119

  • 15 · Other assets

    beginning of year $1,009,050 · end of year $689,465

  • 17 · Accounts payable and accrued expenses

    beginning of year $135,983 · end of year $128,244

  • 25 · Other liabilities

    beginning of year $0 · end of year $13,315

  • 27 · Net assets without donor restrictions

    beginning of year $45,136,371 · end of year $46,456,921

  • 28 · Net assets with donor restrictions

    beginning of year $10,987,461 · end of year $17,004,796

Mission and programs · 2024

Mission

NORTHEAST WILDERNESS TRUST IS A REGIONAL LAND TRUST WORKING TO PRESERVE AND RESTORE FOREVER-WILD LANDSCAPES FOR NATURE AND PEOPLE IN NEW YORK, VERMONT, NEW HAMPSHIRE, MAINE, MASSACHUSETTS AND CONNECTICUT.

Activities or mission (Part I)

PRESERVE AND RESTORE FOREVER-WILD LANDSCAPES FOR NATURE AND PEOPLE IN THE NORTHEAST

  • CREATED FOR THE PURPOSES OF WORKING WITH LANDOWNERS, GOVERNMENT AGENCIES, CONSERVATION ORGANZATIONS, AND OTHER LAND TRUSTS, TO PRESERVE AND RESTORE FOREVER-WILD LANDSCAPES THROUGH CONSERVATION EASEMENTS, LAND ACQUISITIONS, DONATIONS AND OTHER PRESERVATION METHODS SUCH AS OUTREACH AND EDUCATION. THE ORGANIZAITON BASES ITS LAND PROTECTION ON THE BEST AVAILABLE SCIENCE TO PRIORITIZE LAND BASED ON ECOLOGICAL VALUE, CLIMATE RESILIENCE, AND OTHER FACTORS. WORKING IN NY, VT, NH, ME, MA, AND CT, THE ORGANIZATION IS FUNDED PRINCIPALLY BY GRANTS AND DONATIONS FROM THE PUBLIC. LAND ACQUISITION PROJECTS ARE FUNDED BY A VARIETY OF SOURCES, INCLUDING BUT NOT LIMITED TO PRIVATE CONTRIBUTIONS, GOVERNMENTAL GRANTS, AND LANDOWNER GIFTS.

    Expenses $4,522,731 · Grants $831,250 · Revenue $37,270

As filed on the 2024 return.

Listed in Part VII

  • Brian Tijan

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Susie O'Keeffe

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Rick Rancourt

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Eric Sorenson

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Brett Engstrom

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Carol Fox

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Daniel Hildreth

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Emily Bateson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Liz Thompson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kristin Deboer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kathleen Fitzgerald

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Alan Jutras

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Bill Roper

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Aram Calhoun

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Mark Zankel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jonathan Leibowitz

    PRESIDENT AND CEO

    Total calculated
    $167,208
    From this org
    $159,768
    From related orgs
    $0
    Other
    $7,440
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,768
    Bonus
    $0
    Other
    $0
    Deferred
    $7,301
    Nontaxable benefits
    $139
    Filer's total
    $167,208

  • Eunice Panetta

    VP OF ADVANCEMENT

    Total calculated
    $116,875
    From this org
    $108,958
    From related orgs
    $0
    Other
    $7,917
    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 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

The filer's explanations (Part III)

PART I, LINE 3
EXPLANATION: NORTHEAST WILDERNESS TRUST'S PRESIDENT AND CEO COMPENSATION IS ADMINISTERED BY THE BOARD OF DIRECTORS THROUGH ITS EXECUTIVE COMMITTEE (COMMITTEE). THE COMMITTEE IS RESPONSIBLE FOR ESTABLISHING AND MAINTAINING A COMPETITIVE COMPENSATION PROGRAM FOR THE PRESIDENT AND CEO THAT FALLS WITHIN THE ORGANIZATION'S SALARY GUIDELINES. THE COMMITTEE CONDUCTS ANNUAL PERFORMANCE EVALUATIONS AND SETS THE CEO COMPENSATION WITHIN THE SALARY GUIDELINES. FOLLOWING THE CEO REVIEW, THE COMMITTEE APPROVES BASE SALARY AND ANNUAL INCENTIVE OPPORTUNITY ADJUSTMENTS, AND OBJECTIVES AND GOALS FOR THE UPCOMING YEAR. THE COMMITTEE RECOMMENDS CEO COMPENSATION TO THE BOARD FOR APPROVAL.

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

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.2
Source object
202543189349305234

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.