Totals
- Total revenue
- $726,221
- Total expenses
- $152,006
- Contributions and grants received
- $700,749
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $13,777
- Other revenue
- $11,695
- Total assets, end of year
- $2,129,160
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $2,129,160
- Program services expenses (Part IX)
- $129,521
- Management and general expenses
- $14,034
- Fundraising expenses
- $8,451
- Program service expenses (Part III)
- $129,521
Program services were 85.2% 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
$700,749
-
1g · Noncash contributions included above
$498,258
-
3 · Investment income
total $8,948 · excluded $8,948
-
6a · Gross rents
real property $925
-
6b · Less rental expenses
real property $912
-
6c · Rental income or loss
real property $13
-
6d · Net rental income or loss
total $13 · related or exempt $13
-
7a · Gross sales of assets other than inventory
other assets $4,829
-
7c · Gain or loss
other assets $4,829
-
7d · Net gain or loss
total $4,829 · excluded $4,829
-
8a · Fundraising events: gross income
$1,632
-
8c · Net income from fundraising events
total $1,632
-
11a · Other revenue: ROCKEFELLER INTERN
total $5,550 · excluded $5,550
-
11b · Other revenue: CLEVER LANDING LEASE
total $4,500 · excluded $4,500
-
11e · Other revenue, total
$10,050
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $51,850 · program services $38,888 · management and general $5,184 · fundraising $7,778
-
7 · Other salaries and wages
total $5,600 · program services $5,600
-
9 · Other employee benefits
total $2,084 · program services $2,084
-
10 · Payroll taxes
total $4,970 · program services $3,848 · management and general $449 · fundraising $673
-
11b · Fees: legal
total $55,900 · program services $55,300 · management and general $600
-
11c · Fees: accounting
total $1,680 · management and general $1,680
-
11f · Fees: investment management
total $508 · management and general $508
-
11g · Fees: other
total $5,216 · program services $5,216
-
12 · Advertising and promotion
total $800 · program services $800
-
13 · Office expenses
total $2,126 · management and general $2,126
-
16 · Occupancy
total $7,711 · program services $7,711
-
17 · Travel
total $523 · program services $523
-
19 · Conferences, conventions and meetings
total $521 · program services $521
-
23 · Insurance
total $2,447 · program services $2,447
-
24a · Other expenses: PROJECT TRAILS
total $4,123 · program services $4,123
-
24b · Other expenses: BANK/CREDIT CARD FEES
total $1,955 · management and general $1,955
-
24c · Other expenses: MEMBERSHIP PROGRAM GIFTS
total $1,578 · program services $1,578
-
24d · Other expenses: DUES & LICENSES
total $1,532 · management and general $1,532
-
24e · All other expenses
total $882 · program services $882
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $7,315 · end of year $35,635
-
2 · Savings and temporary cash investments
beginning of year $18,160 · end of year $77,252
-
10a · Land, buildings and equipment: cost or other basis
$1,233,371
-
10c · Land, buildings and equipment, net
beginning of year $1,158,713 · end of year $1,233,371
-
11 · Investments: publicly traded securities
beginning of year $290,242 · end of year $776,902
-
15 · Other assets
end of year $6,000
-
17 · Accounts payable and accrued expenses
beginning of year $256
-
24 · Unsecured notes and loans payable
beginning of year $356
-
27 · Net assets without donor restrictions
beginning of year $1,473,818 · end of year $2,071,882
-
28 · Net assets with donor restrictions
end of year $57,278
Mission and programs · 2023
Mission
TO PROTECT AND CONSERVE LAND WITH SIGNIFICANT ECOLOGICAL OR CULTURAL RESOURCES AND MANAGE THEM IN A SUSTAINABLE WAY FOR PUBLIC BENEFIT.
-
LAND CONSERVATION: THROUGH COMMUNITY PARTNERSHIPS AND COLLABORATION WITH LANDOWNERS, SOMERSET WOODS TRUSTEES CONSERVES SOMERSET COUNTY'S SPECIAL PLACES FOR THE BENEFIT OF ALL. OUR LANDS PORTFOLIO INCLUDES MORE THAN 2,000 ACRES CONSERVED IN PERPETUITY AND MANAGED FOR WILDLIFE HABITAT, SUSTAINABLE FORESTRY, OUTDOOR RECREATION AND CLIMATE RESILIENCY.
Expenses $103,844
-
OUTDOOR RECREATION: SOMERSET WOODS TRUSTEES BUILDS AND MAINTAINS TRAILS FOR NON-MOTORIZED RECREATION FOR COMMUNITY USE. WE BELIEVE IN INCLUSIVE PUBLIC ACCESS TO THE OUTDOORS TO ENHANCE PUBLIC HEALTH AND ENJOYMENT OF THE OUTDOORS.
Expenses $17,919
-
ENVIRONMENTAL EDUCATION: SOMERSET WOODS TRUSTEES HOSTS EDUCATIONAL PROGRAMS AND ACTIVITIES INCLUDING GUIDED WALKS, PRESENTATIONS, AND WORKSHOPS DESIGNED TO INCREASE APPRECIATION FOR AND STEWARDSHIP OF THE NATURAL WORLD.
Expenses $7,758
As filed on the 2023 return.
Listed in Part VII
-
Jennifer BrockwayJENNIFER BROCKWAY
EXECUTIVE DI
- Total calculated
- $51,850
- From this org
- $51,850
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Davida BarterDAVIDA BARTER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Andy DavisANDY DAVIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ann DorneyANN DORNEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Katherine DrummondKATHERINE DRUMMOND
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jack GibsonJACK GIBSON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Patricia HagarPATRICIA HAGAR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ernest HiltonERNEST HILTON
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
Eric LahtiERIC LAHTI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sarah Bigney McCabeSARAH BIGNEY MCCABE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jim VerdereseJIM VERDERESE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Darryll WhiteDARRYLL WHITE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Chris YoungCHRIS YOUNG
TREASURER
- Total calculated
- $0
- Hours/week
- 1
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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 26 March 2024
- IRS schema version
- 2023v5.0
- Source object
- 202412149349300331
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