← AUSBON SARGENT LAND PRESERVATION TRUST

Form 990 for tax year 2023

Filed by AUSBON SARGENT LAND PRESERVATION TRUST.

Totals

Total revenue: $1,224,570
Total expenses: $912,797
Contributions and grants received: $957,044
Grants paid: $0
Program service revenue: $0
Investment income: $217,303
Other revenue: $50,223
Total assets, end of year: $9,680,525
Total liabilities, end of year: $154,922
Net assets or fund balances, end of year: $9,525,603
Program services expenses (Part IX): $625,214
Management and general expenses: $283,672
Fundraising expenses: $3,911
Program service expenses (Part III): $625,214

Program services were 68.5% 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

$542,368
1f · All other contributions, gifts and grants

$414,676
1g · Noncash contributions included above

$19,079
3 · Investment income

total $144,321 · excluded $144,321
6a · Gross rents

real property $23,876
6b · Less rental expenses

real property $0
6c · Rental income or loss

real property $23,876
6d · Net rental income or loss

total $23,876 · related or exempt $2,276 · unrelated business $21,600
7a · Gross sales of assets other than inventory

securities $728,005
7b · Less cost or other basis and sales expenses

securities $655,023
7c · Gain or loss

securities $72,982
7d · Net gain or loss

total $72,982 · excluded $72,982
8a · Fundraising events: gross income

$37,065
8b · Fundraising events: direct expenses

$5,718
8c · Net income from fundraising events

total $31,347 · excluded $31,347
11a · Other revenue: WRITE DOWN FOR CONSERV

total -$5,000 · excluded -$5,000
11e · Other revenue, total

-$5,000

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $150,495 · program services $69,526 · management and general $79,466 · fundraising $1,503
7 · Other salaries and wages

total $394,376 · program services $305,159 · management and general $88,684 · fundraising $533
9 · Other employee benefits

total $41,505 · program services $24,846 · management and general $16,578 · fundraising $81
10 · Payroll taxes

total $50,944 · program services $28,579 · management and general $22,365
11b · Fees: legal

total $34,641 · program services $29,984 · management and general $4,657
11c · Fees: accounting

total $16,702 · management and general $16,702
11g · Fees: other

total $21,952 · program services $256 · management and general $21,696
12 · Advertising and promotion

total $1,870 · program services $1,799 · management and general $71
16 · Occupancy

total $25,887 · program services $14,214 · management and general $11,510 · fundraising $163
19 · Conferences, conventions and meetings

total $4,179 · program services $3,114 · management and general $974 · fundraising $91
20 · Interest

total $8,556 · program services $4,465 · management and general $4,040 · fundraising $51
22 · Depreciation, depletion and amortization

total $12,422 · program services $5,734 · management and general $6,622 · fundraising $66
23 · Insurance

total $26,942 · program services $23,935 · management and general $2,836 · fundraising $171
24a · Other expenses: PROJECT EXPENSES

total $55,051 · program services $55,051
24b · Other expenses: POSTAGE AND PRINTING

total $27,342 · program services $26,073 · management and general $244 · fundraising $1,025
24c · Other expenses: MISC

total $20,059 · program services $19,697 · management and general $332 · fundraising $30
24d · Other expenses: DUES, FEES, AND SUBSCRI

total $9,443 · program services $5,309 · management and general $3,991 · fundraising $143
24e · All other expenses

total $10,431 · program services $7,473 · management and general $2,904 · fundraising $54

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $100 · end of year $200
2 · Savings and temporary cash investments

beginning of year $1,309,357 · end of year $1,252,721
4 · Accounts receivable

beginning of year $31,011 · end of year $102,666
9 · Prepaid expenses and deferred charges

beginning of year $15,217 · end of year $15,714
10a · Land, buildings and equipment: cost or other basis

$3,290,331
10b · Land, buildings and equipment: accumulated depreciation

$58,762
10c · Land, buildings and equipment, net

beginning of year $3,239,690 · end of year $3,231,569
11 · Investments: publicly traded securities

beginning of year $4,461,214 · end of year $5,077,655
17 · Accounts payable and accrued expenses

beginning of year $49,641 · end of year $44,922
24 · Unsecured notes and loans payable

beginning of year $210,000 · end of year $110,000
27 · Net assets without donor restrictions

beginning of year $8,632,262 · end of year $9,326,741
28 · Net assets with donor restrictions

beginning of year $164,686 · end of year $198,862

Mission and programs · 2023

Mission

SERVING THE TOWNS OF ANDOVER, BRADFORD, DANBURY, GOSHEN, GRANTHAM, NEW LONDON, NEWBURY, SPRINGFIELD, SUNAPEE, SUTTON, WARNER & WILMOT - THE MISSION OF THE AUSBON SARGENT LAND PRESERVATION TRUST IS TO PRESERVE AND PROTECT THE RURAL CHARACTER OF THE REGION FOR THE PUBLIC BENEFIT THROUGH LAND CONSERVATION, STEWARDSHIP, COMMUNITY ENGAGEMENT AND ORGANIZATIONAL INTEGRITY.

Activities or mission (Part I)

ASLPT IS AN ACCREDITED LAND TRUST. SEE SCHEDULE O FOR MISSION STATEMENT.

LAND PROTECTION: ASLPT HAS BEEN IMPLEMENTING IT'S 2022 CONSERVATION PLAN BY DISCUSSING IMPORTANT PROPERTIES IN THE FOCUS AREAS AT THE LANDS COMMITTEE LEVEL. ASLPT WILL ALSO BE MEETING WITH THE LOCAL TOWNS TO DISCUSS INTRODUCTIONS WITH LANDOWNERS. ASLPT PROTECTS PROPERTIES THROUGH BOTH CONSERVATION EASEMENTS AND FEE SIMPLE ACQUISITION. LAND PROTECTION INCLUDES REVIEW, EVALUATION, AND DETAILED RESEARCH BEFORE PROCEEDING WITH THE PROTECTION OF A PROPERTY. ASLPT INSURES THAT EVERY TRANSACTION IS LEGAL, PROPER, AND APPROPRIATE TO THE GOALS OF THE LAND TRUST. FOR EACH CONSERVATION PROJECT, WE PREPARE A BASELINE DOCUMENTATION REPORT THAT PROVIDES A DETAILED REPRESENTATION OF THE PROPERTY AND ITS CONDITION AT THE TIME OF ITS TRANSFER. DURING THIS FISCAL YEAR, ASLPT COMPLETED CONSERVATION TRANSACTIONS ON FOUR PROPERTIES. ON FEBRUARY 24, 2024, A CONSERVATION EASEMENT WAS DONATED TO AUSBON SARGENT ON THE 5.12 ACRE MCDONOUGH PROPERTY IN THE TOWN OF ANDOVER. THIS PROPERTY IS OWNED BY THE TOWN OF ANDOVER AND HAS SUCKER BROOK FLOWING THROUGH IT. SUCKER BROOK FLOWS INTO WEBSTER LAKE WHICH DOES HAVE WATER QUALITY ISSUES. THE PROPERTY ALSO HAS FRONTAGE ON ROUTE 11 AND THE NORTHERN RAIL TRAIL THAT IS USED BY HIKERS, BIKERS AND SNOWMOBILERS. ON APRIL 18, 2024, A CONSERVATION EASEMENT WAS DONATED ON THE 145 ACRE MCLAUGHLIN PROPERTY IN THE TOWN OF SALISBURY. ALTHOUGH OUTSIDE OF OUR 12 TOWN SERVICE AREA, THE PROPERTY IS CLOSE TO THE TOWN OF ANDOVER. THE PROPERTY IS HIGHLY RANKED FOR WILDLIFE HABITAT, AND FORESTRY SOILS. THE PROPERY ENCOMPASSES A POND THAT HAS A GREAT BLUE HERON ROOKERY THAT HAD THREE ACTIVE NESTS AT THE TIME OF THE BASELINE VISIT.

Expenses $192,604
COMMUNITY RELATIONS AND EDUCATION: ASLPT IS PROACTIVE IN BUILDING COMMUNITY RELATIONS AND EDUCATING ITS MEMBERS, LANDOWNERS, CONSERVATION PARTNERS, GOVERNMENT LEADERS, AND THE GENERAL PUBLIC. OUR GOAL IS TO BE RECOGNIZED AS THE PLACE TO GO FOR LAND PROTECTION EXPERTISE IN THE MOUNT KEARSARGE/RAGGED/LAKE SUNAPEE REGION OF NEW HAMPSHIRE. WE SPONSOR AND OFFER CONSERVATION RELATED EVENTS, MEETINGS, AND WORKSHOPS AIMED AT BUILDING CLOSE TIES WITH THE COMMUNITY IN THE TWELVE TOWNS WE SERVE, AROUND LAND PROTECTION ISSUES, GROWTH/DEVELOPMENT CHALLENGES, AND CONSERVATION PRIORITIES. TO FURTHER THESE GOALS WE HIRED A STEWARDSHIP AND PROGRAM COORDINATOR ON JUNE 10, 2024.ADDITIONALLY, OUR OUTREACH EFFORTS INCLUDE HOSTING A SEMI-ANNUAL CONSERVATION COMMISSION CHAIRPERSON'S ROUNDTABLE DISCUSSION TO EXCHANGE INFORMATION, RESOURCES, AND EXPERIENCES THROUGHOUT THE REGION. WE UTILIZE NUMEROUS COMMUNICATION RESOURCES INCLUDING A TWICE-YEARLY PRINTED NEWSLETTER, MAILINGS, FACT SHEETS, E-BLASTS, WEBSITE, IN-PERSON EVENTS HELD ON CONSERVATION PROPERTIES, SPEAKING ENGAGEMENTS TO CIVIC GROUPS, AND NEIGHBORHOOD GATHERINGS.

Expenses $270,743
STEWARDSHIP & MONITORING: STEWARDSHIP IS THE OVERALL MANAGEMENT AND OVERSIGHT OF ALL AUSBON SARGENT CONSERVATION EASEMENTS AND FEE-OWNED PROPERTIES. STEWARDSHIP INCLUDES, BUT IS NOT LIMITED TO, MONITORING AND DEFENDING EASEMENTS, RECORD KEEPING, BUILDING LANDOWNER RELATIONSHIPS, PROVIDING EDUCATIONAL MATERIAL AND EVENTS FOR LANDOWNERS, VOLUNTEERS, MEMBERS, AND STAFF, REVIEWING AMENDMENT REQUESTS AND RESERVED RIGHTS INQUIRIES FROM LANDOWNERS ON PROPERTIES ON WHICH WE HOLD A CONSERVATION EASEMENT. MONITORING IS THE ANNUAL PERIODIC PROPERTY INSPECTIONS BY OUR TRAINED VOLUNTEER MONITORS OR STAFF, AS WELL AS THE PREPARATION OF DOCUMENTS FOR THE INSPECTION AND DOCUMENTATION AND FOLLOW-UP OF THE INSPECTION. MONITORING SERVES AS A REGULAR REMINDER THAT THE LANDOWNER IS LEGALLY BOUND TO KEEP THE PROPERTY IN THE CONDITION AS DEFINED IN THE CONSERVATION EASEMENT. ALL MONITORING REPORTS ARE REVIEWED BY STAFF AND IN THE EVENT OF A COMPLIANCE ISSUE, ASLPT STAFF CARRIES OUT AN INVESTIGATION AND WORKS TO RESOLVE THE ISSUE.MONITORING IS DONE BY VOLUNTEERS; HOWEVER, WE GENERALLY AIM TO HAVE STAFF VISIT 20 OF THESE PROPERTIES WITH VOLUNTEER MONITORS EACH YEAR. THESE VISITS VARY IN LENGTH DEPENDING ON THE SIZE OF THE PROPERTY AND THE RESTRICTIONS ON THE PROPERTY. WE GENERALLY HAVE A TRAINING SESSION IN EARLY JUNE FOR NEW VOLUNTEERS. THE TRAINING INCLUDES AN ONLINE INSTRUCTIONAL COMPONENT OF APPROXIMATELY THREE HOURS AS WELL AS A FIELD VISIT. DURING THESE SESSIONS WE INSTRUCT THE VOLUNTEERS ON THEIR RESPONSIBILITIES WHEN THEY ARE MONITORING THE PROPERTY. WE ALSO KEEP THE VOLUNTEERS UPDATED ON ANY CHANGES IN POLICIES WE HAVE REGARDING MONITORING.WE USE DRONE TECHNOLOGY TO AUGMENT ON THE GROUND MONITORING AND WE ARE USING AERIAL IMAGERY BY UTILIZING THE ONLINE WEBSITE FOR LENS. THIS TECHNOLOGY IS INTENDED FOR LARGER PARCELS WITH TOPOGRAPHY THAT IT DIFFICULT TO MONITOR BY FOOT.

Expenses $161,867

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

Listed in Part VII

LISA ANDREWS

CHAIR

Total calculated

$0

Hours/week

1
ROBERT ZELLER

VICE CHAIR

Total calculated

$0

Hours/week

0.9
SUSAN ELLISON

SECRETARY

Total calculated

$0

Hours/week

0.7
MICHAEL QUINN

TREASURER

Total calculated

$0

Hours/week

0.9
ROBIN ALBING

TRUSTEE

Total calculated

$0

Hours/week

0.2
AIMEE AYERS

TRUSTEE

Total calculated

$0

Hours/week

0.3
CHUCK BOLDUC

TRUSTEE

Total calculated

$0

Hours/week

0.3
LAURIE DICLERICO

TRUSTEE

Total calculated

$0

Hours/week

0.5
ALEXIS GARCIA

TRUSTEE

Total calculated

$0

Hours/week

0.3
DEBORAH LANG

TRUSTEE

Total calculated

$0

Hours/week

0.5
RUSSELL MOORE

TRUSTEE

Total calculated

$0

Hours/week

0.4
JAMES OWERS

TRUSTEE

Total calculated

$0

Hours/week

0.3
DIANE ROBBINS

TRUSTEE

Total calculated

$0

Hours/week

0.3
STEVE ROOT

TRUSTEE

Total calculated

$0

Hours/week

0.7
BEN WALLACE

EXECUTIVE DIRECTOR

Total calculated

$86,075

From this org

$83,769

From related orgs

$0

Other

$2,306

Hours/week

45
ANDREW DEEGAN

INTERIM EXECUTIVE DIRECTOR

Total calculated

$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: 2023
Filed: 13 November 2024
IRS schema version: 2023v5.1
Source object: 202403189349308915

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