Form 990 for tax year 2024
Filed by GEORGIA-ALABAMA LAND TRUST INC.
Totals
- Total revenue
- $11,187,062
- Total expenses
- $7,131,404
- Contributions and grants received
- $9,223,801
- Grants paid
- $0
- Program service revenue
- $1,646,518
- Investment income
- $974,057
- Other revenue
- -$657,314
- Total assets, end of year
- $171,400,860
- Total liabilities, end of year
- $135,870,595
- Net assets or fund balances, end of year
- $35,530,265
- Program services expenses (Part IX)
- $6,617,832
- Management and general expenses
- $254,215
- Fundraising expenses
- $259,357
- Program service expenses (Part III)
- $6,617,832
Program services were 92.8% 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)
$6,171,017
-
1f · All other contributions, gifts and grants
$3,052,784
-
2a · Program service revenue: STEWARDSHIP INCOME
total $875,686 · related or exempt $875,686
-
2b · Program service revenue: PROTECTION INCOME
total $770,832 · related or exempt $770,832
-
3 · Investment income
total $708,976 · related or exempt $708,976
-
6a · Gross rents
real property $15,663
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $15,663
-
6d · Net rental income or loss
total $15,663 · excluded $15,663
-
7a · Gross sales of assets other than inventory
securities $2,678,454
-
7b · Less cost or other basis and sales expenses
securities $2,413,373
-
7c · Gain or loss
securities $265,081
-
7d · Net gain or loss
total $265,081 · related or exempt $265,081
-
8a · Fundraising events: gross income
$25,552
-
8b · Fundraising events: direct expenses
$15,690
-
8c · Net income from fundraising events
total $9,862 · excluded $9,862
-
11a · Other revenue: MISCELLANEOUS
total $823,774 · related or exempt $823,774
-
11b · Other revenue: LOSS ON SALE OF LAND
total -$5,110 · related or exempt -$5,110
-
11c · Other revenue: LOSS ON DISPOSAL OF ASSETS
total -$1,501,503 · related or exempt -$1,501,503
-
11e · Other revenue, total
-$682,839
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $694,698 · program services $659,510 · management and general $5,596 · fundraising $29,592
-
7 · Other salaries and wages
total $1,112,592 · program services $922,464 · management and general $84,508 · fundraising $105,620
-
8 · Pension plan contributions
total $80,564 · program services $69,697 · management and general $4,519 · fundraising $6,348
-
9 · Other employee benefits
total $149,155 · program services $117,324 · management and general $17,191 · fundraising $14,640
-
10 · Payroll taxes
total $132,972 · program services $116,395 · management and general $6,995 · fundraising $9,582
-
11g · Fees: other
total $122,613 · program services $88,486 · management and general $32,943 · fundraising $1,184
-
12 · Advertising and promotion
total $1,200 · program services $580 · management and general $190 · fundraising $430
-
13 · Office expenses
total $14,755 · program services $10,258 · management and general $2,537 · fundraising $1,960
-
17 · Travel
total $59,858 · program services $41,908 · management and general $2,269 · fundraising $15,681
-
22 · Depreciation, depletion and amortization
total $100,328 · program services $95,873 · management and general $4,455
-
23 · Insurance
total $75,455 · program services $21,502 · management and general $53,953
-
24a · Other expenses: PROGRAM EXPENSE
total $4,394,177 · program services $4,391,291 · management and general $727 · fundraising $2,159
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $50,337 · program services $20,026 · management and general $18,447 · fundraising $11,864
-
24c · Other expenses: DEVELOPMENT COSTS
total $29,288 · program services $2,889 · management and general $121 · fundraising $26,278
-
24d · Other expenses: BANK FEES
total $24,839 · program services $8,847 · management and general $14,517 · fundraising $1,475
-
24e · All other expenses
total $88,573 · program services $50,782 · management and general $5,247 · fundraising $32,544
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $12,598,343 · end of year $6,404,332
-
2 · Savings and temporary cash investments
beginning of year $94,915,935 · end of year $126,274,563
-
3 · Pledges and grants receivable
beginning of year $622,862 · end of year $2,304,559
-
4 · Accounts receivable
beginning of year $846,572 · end of year $97,906
-
9 · Prepaid expenses and deferred charges
beginning of year $98,104 · end of year $86,341
-
10a · Land, buildings and equipment: cost or other basis
$7,810,508
-
10b · Land, buildings and equipment: accumulated depreciation
$464,152
-
10c · Land, buildings and equipment, net
beginning of year $5,448,884 · end of year $7,346,356
-
11 · Investments: publicly traded securities
beginning of year $15,661,933 · end of year $17,875,741
-
15 · Other assets
beginning of year $11,011,062 · end of year $11,011,062
-
17 · Accounts payable and accrued expenses
beginning of year $91,358 · end of year $569,039
-
19 · Deferred revenue
beginning of year $96,405,054 · end of year $122,962,404
-
25 · Other liabilities
beginning of year $14,465,102 · end of year $12,339,152
-
27 · Net assets without donor restrictions
beginning of year $27,434,607 · end of year $34,072,708
-
28 · Net assets with donor restrictions
beginning of year $2,807,574 · end of year $1,457,557
Mission and programs · 2024
Mission
PROTECTING CONSERVATION LAND FOR PRESENT AND FUTURE GENERATIONS, UTILIZING CONSERVATION EASEMENTS AND OTHER LAND PROTECTION MECHANISMS, PRESERVATION OF OPEN SPACE, AND CONSERVATION-RELATED EDUCATION
Activities or mission (Part I)
TO PROTECT LAND AND CONSERVATION VALUES THROUGH CONSERVATION EASEMENTS AND SIMILAR LAND CONSERVATION
-
LAND PROTECTION PROGRAM:INTERACTING WITH LANDOWNERS IN OUR PROTECTION AREA REGARDING THE PUBLIC BENEFITS AND PURPOSES OF CONSERVATION EASEMENTS AND THE USE OF OTHER LAND PROTECTION MECHANISMS, TO INCLUDE WORKING WITH LANDOWNERS AND THEIR ADVISORS TO PROTECT LAND AND CONSERVATION VALUES, THEREBY INCREASING PROTECTED LAND AND ENRICHING LIFE THROUGH LAND PROTECTION. MONITORING AND ENFORCMENT OF EASEMENT TERMS TO ENSURE COMPLIANCE AND PROTECTION OF CONSERVATION VALUES. DURING 2024 THE LAND TRUST PROTECTED AROUND 50 PROPERTIES THROUGH VARIOUS MECHANISMS AND ACTIONS, INCLUDING CONSERVATION EASEMENTS, AND ENGAGED IN WETLAND HABITAT MITIGATION WORK AND HABITAT PRESERVATION; ALSO MONITORED OVER 1,315 CONSERVATION EASEMENTS AND 30 FEE HOLDINGS.
Expenses $263,650 · Revenue $1,646,520
-
READINESS AND ENVIRONMENTAL INTEGRATION (REPI) PROGRAM: WORKING WITH THE DEPARTMENT OF DEFENSE AND FORT STEWART GEORGIA PURSUANT TO 10 USC 2684A (READINESS ENVIRONMENTAL PROTECTION INTEGRATION PROGRAM), THE LAND TRUST SEEKS CONSERVATION EASEMENTS AND FEE INTERESTS TO LAND SURROUNDING FORT STEWART, IN ORDER TO PROTECT HABITAT AND PREVENT HIGH-DENSITY DEVELOPMENT NEAR THE INSTALLATION, WHICH OTHERWISE COULD IMPACT TRAINING ON POST AND, IN TURN, MILITARY READINESS. IN 2024, THE LAND TRUST PROTECTED AND ASSISTED IN PROTECTING APPROXIMATELY 2,000 ACRES OF LAND SURROUNDING FORT STEWART, HELPING TO ENSURE FORT STEWART'S MILITARY TRAINING AND READINESS MISSION.
Expenses $264,142 · Revenue $264,142
-
HABITAT RESTORATION AND FORESTRY PROGRAM AT FORT STEWART: THE FORT STEWART/HUNTER ARMY AIRFIELD ENVIRONMENTAL PROGRAM ENSURES MILITARY MISSION ACTIVITIES ARE CONDUCTED IN COMPLIANCE WITH APPLICABLE ENVIRONMENTAL LAWS, REGULATIONS AND POLICIES. IN FURTHERANCE OF THIS PROGRAM, GALT PROVIDES ON A REIMBURSEABLE BASIS, PERSONNEL AND MATERIALS REQUIRED TO SUPPORT IMPLEMENTATION OF FORT STEWART'S INTEGRATED NATURAL RESOURCE MANAGEMENT PLAN AND THE ENDANGERED SPECIES ACT (16 USC 1531 ET SEQ.), MIGRATORY BIRD TREATY ACT (16 USC 1361 ET SEQ.), NATIONAL HISTORIC PRESERVATION ACT (54 U.S.C.470), SIKES ACT (16 U.S.C. 670), THE NATIONAL ENVIRONMENTAL POLICY ACT (42 U.S.C. 4321), APPLICABLE IMPLEMENTING REGULATIONS, AND ARMY REGULATIONS 200-1.
Expenses $3,058,218 · Revenue $3,058,218
-
Expenses $3,031,822
As filed on the 2024 return.
Listed in Part VII
-
Thomas HambyTHOMAS HAMBY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Ted McCulloughTED MCCULLOUGH
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Bo BickerstaffBO BICKERSTAFF
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Charles EvansCHARLES EVANS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dr Chip ReedDR CHIP REED
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Floyd Buck WileyFLOYD BUCK WILEY
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Thad WattersTHAD WATTERS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Kevin StumpKEVIN STUMP
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Tia BohannonTIA BOHANNON
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Stacey WattsSTACEY WATTS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Tammy HerndonTAMMY HERNDON
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Thompson TurnerTHOMPSON TURNER
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Katherine EddinsKATHERINE EDDINS
EXECUTIVE DIRECTOR
- Total calculated
- $226,310
- From this org
- $210,000
- From related orgs
- $0
- Other
- $16,310
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $210,000
- Bonus
- $0
- Other
- $0
- Deferred
- $10,500
- Nontaxable benefits
- $5,810
- Filer's total
- $226,310
-
Hal RobinsonHAL ROBINSON
COO & LEGAL AFFAIRS
- Total calculated
- $203,137
- From this org
- $186,523
- From related orgs
- $0
- Other
- $16,614
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $186,523
- Bonus
- $0
- Other
- $0
- Deferred
- $9,326
- Nontaxable benefits
- $7,288
- Filer's total
- $203,137
-
James A RobertsonJAMES A ROBERTSON
LAND PROTECTION ATTORNEY
- Total calculated
- $121,289
- From this org
- $110,000
- From related orgs
- $0
- Other
- $11,289
- 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 · 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 22 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533009349300528
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