Form 990 for tax year 2023

Filed by IOWA NATURAL HERITAGE FOUNDATION.

Totals

Total revenue: $29,846,843
Total expenses: $20,195,370
Contributions and grants received: $12,067,057
Grants paid: $0
Program service revenue: $15,055,771
Investment income: $2,724,015
Other revenue: $0
Total assets, end of year: $160,425,429
Total liabilities, end of year: $54,474,790
Net assets or fund balances, end of year: $105,950,639
Program services expenses (Part IX): $18,836,508
Management and general expenses: $840,109
Fundraising expenses: $518,753
Program service expenses (Part III): $18,836,508

Program services were 93.3% 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)

$380,023
1f · All other contributions, gifts and grants

$11,687,034
2a · Program service revenue: LAND PROJECTS

total $14,143,862 · related or exempt $14,143,862
2b · Program service revenue: LAND MANAGEMENT

total $909,409 · related or exempt $909,409
2c · Program service revenue: MERCHANDISE SALES

total $2,500 · related or exempt $2,500
3 · Investment income

total $1,801,204 · excluded $1,801,204
7a · Gross sales of assets other than inventory

securities $8,703,068
7b · Less cost or other basis and sales expenses

securities $7,780,257
7c · Gain or loss

securities $922,811
7d · Net gain or loss

total $922,811 · excluded $922,811

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $365,536 · program services $144,414 · management and general $209,015 · fundraising $12,107
7 · Other salaries and wages

total $2,154,612 · program services $1,702,591 · management and general $184,324 · fundraising $267,697
8 · Pension plan contributions

total $113,944 · program services $87,162 · management and general $8,710 · fundraising $18,072
9 · Other employee benefits

total $196,079 · program services $145,091 · management and general $21,300 · fundraising $29,688
10 · Payroll taxes

total $179,773 · program services $133,111 · management and general $25,910 · fundraising $20,752
11b · Fees: legal

total $19,548 · program services $16,636 · management and general $2,912
11c · Fees: accounting

total $66,711 · management and general $66,711
11d · Fees: lobbying

total $6,500 · program services $6,500
11f · Fees: investment management

total $88,244 · management and general $88,244
11g · Fees: other

total $92,925 · program services $65,422 · management and general $18,206 · fundraising $9,297
13 · Office expenses

total $208,130 · program services $106,586 · management and general $73,179 · fundraising $28,365
16 · Occupancy

total $87,312 · program services $57,874 · management and general $9,333 · fundraising $20,105
17 · Travel

total $112,127 · program services $97,061 · management and general $10,047 · fundraising $5,019
19 · Conferences, conventions and meetings

total $44,229 · program services $15,298 · management and general $21,255 · fundraising $7,676
20 · Interest

total $548,417 · program services $548,417
22 · Depreciation, depletion and amortization

total $90,113 · program services $60,338 · management and general $29,775
23 · Insurance

total $125,428 · program services $96,272 · management and general $7,025 · fundraising $22,131
24a · Other expenses: LAND PROJECT EXPENSES

total $15,484,054 · program services $15,484,054 · management and general $0 · fundraising $0
24b · Other expenses: PROMOTIONS

total $78,810 · program services $3,026 · management and general $20,000 · fundraising $55,784
24c · Other expenses: PRINTING & PUBLICATIONS

total $55,684 · program services $46,137 · management and general $0 · fundraising $9,547
24d · Other expenses: EQUIPMENT RENT AND MAIN

total $29,197 · program services $597 · management and general $28,387 · fundraising $213
24e · All other expenses

total $47,997 · program services $19,921 · management and general $15,776 · fundraising $12,300

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

end of year $61,172
2 · Savings and temporary cash investments

beginning of year $2,381,693 · end of year $3,869,131
3 · Pledges and grants receivable

beginning of year $1,094,289 · end of year $411,535
4 · Accounts receivable

beginning of year $482,186 · end of year $405,989
9 · Prepaid expenses and deferred charges

beginning of year $47,710 · end of year $55,598
10a · Land, buildings and equipment: cost or other basis

$1,056,578
10b · Land, buildings and equipment: accumulated depreciation

$720,460
10c · Land, buildings and equipment, net

beginning of year $385,842 · end of year $336,118
11 · Investments: publicly traded securities

beginning of year $34,791,779 · end of year $45,196,506
12 · Investments: other securities

beginning of year $8,322,151 · end of year $8,221,305
13 · Investments: program-related

beginning of year $39,014,313 · end of year $40,210,518
15 · Other assets

beginning of year $43,789,655 · end of year $61,657,557
17 · Accounts payable and accrued expenses

beginning of year $765,259 · end of year $1,933,228
19 · Deferred revenue

beginning of year $2,046,690 · end of year $1,926,124
23 · Secured mortgages and notes payable

beginning of year $30,041,720 · end of year $45,824,530
24 · Unsecured notes and loans payable

beginning of year $443,966 · end of year $403,442
25 · Other liabilities

beginning of year $3,819,662 · end of year $4,387,466
27 · Net assets without donor restrictions

beginning of year $62,896,876 · end of year $74,676,378
28 · Net assets with donor restrictions

beginning of year $30,295,445 · end of year $31,274,261

Mission and programs · 2023

Mission

THIS MEMBER-SUPPORTED ORGANIZATION PROTECTS AND RESTORES IOWA'S LAND, WATER AND WILDLIFE FOR FUTURE GENERATIONS. PRIORITIES INCLUDE PERMANENT LAND PROTECTION, PROMOTION OF IMPROVED LAND MANAGEMENT AND BRINGING NEW CONSERVATION OPPORTUNITIES TO IOWANS.

Activities or mission (Part I)

THE FOUNDATION PROTECTS AND RESTORES IOWA'S LAND, WATER AND WILDLIFE FOR FUTURE GENERATIONS.

LAND PROTECTION AND STEWARDSHIP:DURING THE 12-MONTH FISCAL YEAR, JULY 1, 2023 - JUNE 30, 2024, INHF PROTECTED 28 CONSERVATION PROPERTIES TOTALING 3,545 ACRES. OF THESE, 21 PROPERTIES HAVE BEEN OR WILL BE TRANSFERRED TO A PUBLIC CONSERVATION AGENCY FOR PUBLIC ENJOYMENT. FOUR PROPERTIES WILL BE OWNED AND STEWARDED BY INHF AND TWO CONSERVATION EASEMENTS ON PRIVATELY OWNED LANDS WERE ACCEPTED BY INHF. NUMEROUS LANDOWNERS CHOSE TO PERMANENTLY PROTECT WILDLIFE HABITAT, OPEN SPACE, AND AGRICULTURAL AREAS WITH INHF. ALL INHF-HELD CONSERVATION EASEMENTS ARE MONITORED ANNUALLY BY VISITING THE PROPERTY AND TALKING WITH THE LANDOWNER. SINCE 1979, INHF HAS HELPED PROTECT OVER 198,500 ACRES OF LAND ACROSS IOWA. OUR LAND CONSERVATION PROJECTS RANGE FROM IMPORTANT ECOSYSTEM CONSERVATION TO PRIVATE WORKING LANDS THROUGHOUT IOWA AND IN PRIORITY REGIONS SUCH AS THE LOESS HILLS OF WESTERN IOWA, UPPER MISSISSIPPI RIVER BLUFFLANDS, IOWA GREAT LAKES, PRAIRIE POTHOLE REGIONS, AND SOUTHERN IOWA GRASSLANDS. INHF WORKS TOWARDS THE CREATION OF LARGER STRETCHES OF INTER-CONNECTED PROTECTED CONSERVATION LANDS THAT IMPROVE WILDLIFE HABITAT AND OFFERS MANAGEMENT FOR IMPROVED SOIL HEALTH, WATER QUALITY, AND OUTDOOR RECREATION.

Expenses $17,972,621 · Revenue $15,055,771
CONNECTING PEOPLE WITH NATURE:OUR DONOR-SUPPORTED ORGANIZATION WORKS STATEWIDE TO PROTECT OUR NATURAL HERITAGE, IOWA'S PRAIRIES, WOODLANDS, WATERS, AND OPEN SPACES. EACH YEAR WE WORK ON DOZENS OF PROJECTS THAT INCREASE THE NUMBER OF ACRES AVAILABLE TO THE PUBLIC FOR OUTDOOR RECREATION, SUPPORT PRIVATE LANDOWNERS IN PLACING PERMANENT PROTECTION ON THEIR PROPERTIES WITH OUR CONSERVATION EASEMENT PROGRAM, HELP COORDINATE THE CONTINUED GROWTH OF IOWA'S NETWORK OF MULTI-USE TRAILS WITH OUR TRAILS AND GREENWAYS PROGRAM, GET OVER 1,000 PEOPLE OF EVERY AGE OUT ON THE LAND WITH OUR VOLUNTEER PROGRAM, ESTABLISH CONSERVATION LEGACIES WITH OUR PLANNED GIVING PROGRAM, AND GIVE 20+ COLLEGE STUDENTS MEANINGFUL AND EDUCATIONAL EMPLOYMENT WITH OUR INTERN PROGRAM. IN ADDITION, WE STEWARD A RANGE OF INHF-OWNED PROPERTIES, SOME OF WHICH ARE OPEN TO THE PUBLIC. INTERESTED LANDOWNERS LEARN ABOUT OPTIONS FOR PERMANENT LAND PROTECTION THROUGH PRINTED MATERIALS, ONLINE RESOURCES, AND PERSONAL COMMUNICATION WITH INHF STAFF. INHF INTRODUCES PEOPLE TO IOWA'S CONSERVATION CHALLENGES AND SHARES STORIES OF CONSERVATION SUCCESS IN OUR QUARTERLY MAGAZINE, MEDIA OUTREACH, STRONG DIGITAL AND SOCIAL MEDIA COMMUNICATION, AND CO-SPONSORED EVENTS AND CONFERENCES

Expenses $593,361
CREATING IMPACT STATEWIDE AND BEYOND:INHF EXCELS IN PUBLIC AND PRIVATE COLLABORATIONS THAT BRING ORGANIZATIONS AND AGENCIES TOGETHER FOR ACTION. IN FY 2024, INHF LED PARTNERSHIPS TO RESTORE EXTENSIVE PRAIRIE AND POLLINATOR HABITAT ACROSS IOWA, AND TO CONDUCT ECOLOGICAL STEWARDSHIP ON NATURAL AND CONSERVATION LANDS. BECAUSE IOWA'S LANDSCAPE AND LAND-USE CHOICES ARE STRONGLY SHAPED BY PUBLIC POLICY AND FUNDING, INHF COLLABORATES IN A NON-PARTISAN WAY TO SUPPORT CONSERVATION POLICY. THIS CREATES TOMORROW'S CONSERVATION OPPORTUNITIES IN IOWA THROUGH STRONGER STATE PUBLIC POLICIES AND FUNDING THAT HELP PROTECT AND RESTORE IOWA'S NATURAL LANDS, WORKING LANDS AND WILDLIFE HABITAT ALONG WITH RECREATION, TRAILS, AND WATER RESOURCES. ADVOCACY ALSO HELPS PROTECT THE INTEGRITY OF STATE AND FEDERAL TAX INCENTIVES FOR LAND PROTECTION. INHF SUPPORTS THE DEVELOPMENT AND IMPLEMENTATION OF LONG-RANGE CONSERVATION PLANS. INHF'S LAND CONSERVATION AND TRAIL PROJECTS HELP FULFILL MULTIPLE LONG-RANGE PLANS DEVELOPED BY FEDERAL, STATE, AND COUNTY AGENCIES SUCH AS THE IOWA WILDLIFE ACTION PLAN, IOWA MONARCH CONSERVATION CONSORTIUM ACTION PLAN, IOWA BICYCLE-PEDESTRIAN AND TRAILS PLAN, PRAIRIE POTHOLE JOINT VENTURE, MULTIPLE WATERSHED MANAGEMENT AUTHORITY PRIORITIES, PROTECTED WATER AREAS PLAN, IOWA NUTRIENT REDUCTION STRATEGY, AND THE IOWA OPEN SPACES PLAN.

Expenses $270,526

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Joe McGovernJOE MCGOVERN

PRESIDENT

Total calculated

$199,859

From this org

$181,350

From related orgs

$0

Other

$18,509

Hours/week

40

Schedule J breakdown matched by us

Base

$181,350

Bonus

$0

Other

$0

Deferred

$10,881

Nontaxable benefits

$7,628

Filer's total

$199,859
Greg GruppGREG GRUPP

CHAIR

Total calculated

$0

Hours/week

5
David BrownDAVID BROWN

FIRST VICE CHAIR

Total calculated

$0

Hours/week

1
Lori HoweLORI HOWE

SECOND VICE CHAIR

Total calculated

$0

Hours/week

1
Peg Armstrong-GustafsonPEG ARMSTRONG-GUSTAFSON

SECRETARY

Total calculated

$0

Hours/week

1
Wendy WiednerWENDY WIEDNER

TREASURER

Total calculated

$0

Hours/week

1
Garth AdamsGARTH ADAMS

DIRECTOR

Total calculated

$0

Hours/week

1
Will AndersonWILL ANDERSON

DIRECTOR

Total calculated

$0

Hours/week

1
Amy AndersonAMY ANDERSON

DIRECTOR

Total calculated

$0

Hours/week

1
Gilda BoyerGILDA BOYER

DIRECTOR

Total calculated

$0

Hours/week

1
Ed CoxED COX

DIRECTOR

Total calculated

$0

Hours/week

1
Mike DecookMIKE DECOOK

DIRECTOR

Total calculated

$0

Hours/week

1
Paul EasterPAUL EASTER

DIRECTOR

Total calculated

$0

Hours/week

1
Vern FishVERN FISH

DIRECTOR

Total calculated

$0

Hours/week

1
John FisherJOHN FISHER

DIRECTOR

Total calculated

$0

Hours/week

1
John GrayJOHN GRAY

DIRECTOR

Total calculated

$0

Hours/week

1
Neil HamiltonNEIL HAMILTON

DIRECTOR

Total calculated

$0

Hours/week

1
Rajee HarrisRAJEE HARRIS

DIRECTOR

Total calculated

$0

Hours/week

1
Thomas HoffTHOMAS HOFF

DIRECTOR

Total calculated

$0

Hours/week

1
Bob JesterBOB JESTER

DIRECTOR

Total calculated

$0

Hours/week

1
Jeff LockwoodJEFF LOCKWOOD

DIRECTOR

Total calculated

$0

Hours/week

1
Jan LovellJAN LOVELL

DIRECTOR

Total calculated

$0

Hours/week

1
David MackamanDAVID MACKAMAN

DIRECTOR

Total calculated

$0

Hours/week

1
Paul MorfPAUL MORF

DIRECTOR

Total calculated

$0

Hours/week

1
Elizabeth NeumannELIZABETH NEUMANN

DIRECTOR

Total calculated

$0

Hours/week

1
John NewmanJOHN NEWMAN

DIRECTOR

Total calculated

$0

Hours/week

1
Richard RamsayRICHARD RAMSAY

DIRECTOR

Total calculated

$0

Hours/week

1
Carole Sargent ReichardtCAROLE SARGENT REICHARDT

DIRECTOR

Total calculated

$0

Hours/week

1
Susan SalterbergSUSAN SALTERBERG

DIRECTOR

Total calculated

$0

Hours/week

1
Susan ShullawSUSAN SHULLAW

DIRECTOR

Total calculated

$0

Hours/week

1
Seth WatkinsSETH WATKINS

DIRECTOR

Total calculated

$0

Hours/week

1
Paul WillisPAUL WILLIS

DIRECTOR

Total calculated

$0

Hours/week

1
Susan JohnsonSUSAN JOHNSON

CFO

Total calculated

$135,724

From this org

$127,204

From related orgs

$0

Other

$8,520

Hours/week

40
Lisa HeinLISA HEIN

SENIOR DIRECTOR FOR CONSERVATION PROGRAMS

Total calculated

$108,263

From this org

$101,297

From related orgs

$0

Other

$6,966

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 committee
3 · Form 990 of other organizations
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

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.

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.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

BOYLAN FARMS INC

C · FARMING · IA · 100% owned · share of income $250,953 · share of assets $10,549,900 · controlled entity

Directly controlled by IOWA NATURAL HERITAGE FOUNDATION

Provenance

Return type: form_990
Tax year: 2023
Filed: 8 November 2024
IRS schema version: 2023v5.1
Source object: 202413139349301231

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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