Form 990 for tax year 2022
Filed by AMERICAN CHESTNUT LAND TRUST INC.
Totals
- Total revenue
- $599,508
- Total expenses
- $592,184
- Contributions and grants received
- $610,107
- Grants paid
- $0
- Program service revenue
- $1,475
- Investment income
- -$63,616
- Other revenue
- $51,542
- Total assets, end of year
- $7,499,555
- Total liabilities, end of year
- $45,021
- Net assets or fund balances, end of year
- $7,454,534
- Program services expenses (Part IX)
- $502,198
- Management and general expenses
- $87,645
- Fundraising expenses
- $2,341
- Program service expenses (Part III)
- $502,198
Program services were 84.8% 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.
-
1b · Membership dues
$34,485
-
1f · All other contributions, gifts and grants
$575,622
-
2a · Program service revenue: STATE LAND AND OTHER INCOME
total $1,475 · related or exempt $1,475
-
3 · Investment income
total $92,448 · excluded $92,448
-
7a · Gross sales of assets other than inventory
securities $54,057 · other assets $25,000
-
7b · Less cost or other basis and sales expenses
securities $217,735 · other assets $17,386
-
7c · Gain or loss
securities -$163,678 · other assets $7,614
-
7d · Net gain or loss
total -$156,064 · excluded -$156,064
-
8a · Fundraising events: gross income
$38,665
-
8b · Fundraising events: direct expenses
$6,923
-
8c · Net income from fundraising events
total $31,742 · excluded $31,742
-
11a · Other revenue: RENTAL INCOME
total $19,800 · related or exempt $19,800
-
11e · Other revenue, total
$19,800
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $87,018 · program services $66,116 · management and general $20,902
-
7 · Other salaries and wages
total $200,224 · program services $172,985 · management and general $27,239
-
9 · Other employee benefits
total $6,596 · program services $4,329 · management and general $2,267
-
10 · Payroll taxes
total $25,281 · program services $18,849 · management and general $6,432
-
11b · Fees: legal
total $7,538 · program services $7,538
-
11c · Fees: accounting
total $18,625 · program services $12,341 · management and general $6,284
-
13 · Office expenses
total $53,282 · program services $46,355 · management and general $6,927
-
16 · Occupancy
total $5,567 · program services $4,175 · management and general $1,392
-
19 · Conferences, conventions and meetings
total $5,402 · program services $2,021 · management and general $3,381
-
22 · Depreciation, depletion and amortization
total $30,597 · program services $22,948 · management and general $7,649
-
23 · Insurance
total $17,531 · program services $13,148 · management and general $4,383
-
24a · Other expenses: GRANT EXPENSES
total $55,572 · program services $55,572
-
24b · Other expenses: FORESTRY AND TRAIL MANA
total $33,193 · program services $33,193
-
24c · Other expenses: PROPERTY TAXES
total $15,625 · program services $15,625
-
24d · Other expenses: OUTREACH
total $14,718 · program services $14,718
-
24e · All other expenses
total $15,415 · program services $12,285 · management and general $789 · fundraising $2,341
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $104,783 · end of year $281,724
-
2 · Savings and temporary cash investments
beginning of year $2,168,217 · end of year $1,366,945
-
3 · Pledges and grants receivable
beginning of year $140,422 · end of year $72,711
-
4 · Accounts receivable
beginning of year $3,230
-
9 · Prepaid expenses and deferred charges
beginning of year $11,363 · end of year $16,344
-
10a · Land, buildings and equipment: cost or other basis
$3,718,205
-
10b · Land, buildings and equipment: accumulated depreciation
$268,661
-
10c · Land, buildings and equipment, net
beginning of year $2,782,414 · end of year $3,449,544
-
11 · Investments: publicly traded securities
beginning of year $2,763,034 · end of year $2,312,287
-
15 · Other assets
beginning of year $7,500
-
17 · Accounts payable and accrued expenses
beginning of year $37,666 · end of year $43,821
-
19 · Deferred revenue
beginning of year $4,744
-
25 · Other liabilities
beginning of year $1,200 · end of year $1,200
-
27 · Net assets without donor restrictions
beginning of year $6,079,601 · end of year $6,288,097
-
28 · Net assets with donor restrictions
beginning of year $1,857,752 · end of year $1,166,437
Mission and programs · 2022
Mission
WE PROMOTE LAND CONSERVATION AND PRESERVATION THROUGHOUT SOUTHERN MARYLAND. WE PRESERVE AND CONSERVE THE NATURAL AND CULTURAL RESOURCES OF THE PARKERS CREEK AND GOVERNORS RUN WATERSHEDS FOR THE BENEFIT OF THIS AND FUTURE GENERATIONS. WE PROVIDE ENVIRONMENTALLY SUSTAINABLE PUBLIC ACCESS TO MANAGED PROPERTIES FOR EDUCATIONAL, SCIENTIFIC, RECREATIONAL AND CULTURAL PURPOSES
Activities or mission (Part I)
PROMOTES LAND CONSERVATION, PROVIDES PUBLIC ACCESS AND PROTECTS NATURAL RESOURCES.
-
LAND MANAGEMENT PROGRAM: PROTECTED AND MANAGED THE 3,449 ACRE PARKERS CREEK PRESERVE'S NATURAL RESOURCES BY: IMPLEMENTING FORESTRY MANAGEMENT PLANS, CONTROLLING NONNATIVE INVASIVE PLANT SPECIES; COLLECTING QUARTERLY SURFACE WATER QUALITY SAMPLES; INSTITUTING AN AGRICULTURE SUPPORTING THE COMMUNITY PROGRAM; AND CONDUCTING A WHITE-TAILED DEER HERD MANAGEMENT PROGRAM. PROTECTED CULTURAL RESOURCES BY: STABILIZING HISTORIC STRUCTURES AND MAINTAINING A HISTORIC CEMETERY; MAINTAINED 24 MILES OF HIKING TRAILS TO ENCOURAGE PUBLIC ACCESS TO PRESERVED LANDS FOR EDUCATIONAL, SCIENTIFIC, RECREATIONAL AND CULTURAL PURPOSES; CONDUCTED GUIDED CANOE TRIPS TO PROVIDE ENVIRONMENTAL EDUCATION TO THE PUBLIC ABOUT THE PARKERS CREEK WATERSHED; MANAGED THE LIMITED ACCESS WARRIOR'S REST SANCTUARY FOR ENVIRONMENTAL EDUCATION AND SCIENTIFIC RESEARCH. ACTIVELY AND REGULARLY MONITORED 1,639 ACRES OWNED IN FEE SIMPLE BY THE AMERICAN CHESTNUT LAND TRUST; ACTIVELY AND REGULARLY MONITORED 1,810 ACRES OF LAND OWNED IN FEE SIMPLE BY THE STATE OF MARYLAND AND LEASED BY THE AMERICAN CHESTNUT LAND TRUST; ACTIVELY AND REGULARLY MONITORED 5 CONSERVATION EASEMENTS TOTALING 374 ACRES.
Expenses $207,010 · Revenue $1,475
-
MEMBERSHIP & OUTREACH SERVICES: CONDUCTED OUTREACH AND STEWARDSHIP EVENTS TO BRING IN NEW MEMBERS. PROVIDED PROMOTIONAL MATERIALS TO INCREASE AWARENESS OF ACLT AND ITS MISSION IN SOUTHERN MARYLAND. OPERATED AN AGRICULTURE IN SUPPORT OF THE COMMUNITY PROGRAM, RAISING AND DONATING FOOD FOR THOSE IN NEED. SHARED INFORMATION ABOUT ACLT AND ITS MISSION BY HOLDING NUMEROUS EVENTS, CANOE TRIPS AND GUIDED HIKES AS WELL AS HOSTING SEVERAL GROUP VISITS TO DOUBLE OAK FARM. ALSO REPRESENTED ACLT AT MANY OFF-SITE EVENTS HELD BY OTHER ORGANIZATIONS. CONDUCTED A WELCOMING PROGRAM WHERE VOLUNTEERS GREET VISITORS AT THE TRAILHEADS AND SHARE INFORMATION ABOUT ACLT. MAINTAINED A ROBUST PUBLIC OUTREACH PROGRAM WITH REGULAR EMAIL NOTICES AND SOCIAL MEDIA POSTS. OVER 100 VOLUNTEERS TOTALLED 7,437 HOURS OF WORK FOR ACLT.
Expenses $162,617
-
LAND PRESERVATION: WORKED TO PRESERVE ADDITIONAL ACREAGE IN THE PARKERS CREEK AND GOVERNORS RUN WATERSHEDS. WORKED WITH THE SUSTAINABLE CALVERT NETWORK TO ADVOCATE FOR LAND CONSERVATION AND PRESERVATION THROUGHOUT CALVERT COUNTY. IMPLEMENTING THE FIVE YEAR PLAN WHICH CALLS FOR PROMOTING LAND CONSERVATION AND PRESERVATION THROUGHOUT SOUTHERN MARYLAND. LAUNCHED THE SOUTHERN MARYLAND CONSERVATION ALLIANCE.
Expenses $132,571
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
DR DAVID F FARR
PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
CHERYL L PLACE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
DAWN BALINSKI
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
ELIZABETH JOHNSTON
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
RICHARD ALDRICH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PETER DALY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BOB FIELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
WALTER BOYNTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DARLENE HARROD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DENISE BREITBURG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RONALD KLAUDA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
STEPHEN CLOAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SHIRLEY KNIGHT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PENNY MORAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ROBYN TRUSLOW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
NATE NOVOTNY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
FRED TUTMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BIRGIT SHARP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RANDI VOGT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SUZANNE SHELDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
GREG BOWEN
EXECUTIVE DIRECTOR
- Total calculated
- $87,018
- From this org
- $87,018
- From related orgs
- $0
- Other
- $0
- 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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323199349306302
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.