Totals
- Total revenue
- $4,920,932
- Total expenses
- $3,025,600
- Contributions and grants received
- $1,427,725
- Grants paid
- $0
- Program service revenue
- $472,046
- Investment income
- $2,639,491
- Other revenue
- $381,670
- Total assets, end of year
- $28,667,655
- Total liabilities, end of year
- $764,023
- Net assets or fund balances, end of year
- $27,903,632
- Program services expenses (Part IX)
- $2,101,810
- Management and general expenses
- $465,483
- Fundraising expenses
- $458,307
- Program service expenses (Part III)
- $2,101,810
Program services were 69.5% 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
$174,510
-
1c · Fundraising events
$214,800
-
1e · Government grants (contributions)
$253,678
-
1f · All other contributions, gifts and grants
$784,737
-
1g · Noncash contributions included above
$53,645
-
2a · Program service revenue: HISTORIC & LAND PLANNING
total $340,353 · related or exempt $340,353
-
2b · Program service revenue: PROPERTY MANAGEMENT
total $131,693 · related or exempt $131,693
-
3 · Investment income
total $319,628 · excluded $319,628
-
6a · Gross rents
real property $330,870
-
6c · Rental income or loss
real property $330,870
-
6d · Net rental income or loss
total $330,870 · excluded $330,870
-
7a · Gross sales of assets other than inventory
securities $7,053,443 · other assets $1,455,808
-
7b · Less cost or other basis and sales expenses
securities $5,345,083 · other assets $844,305
-
7c · Gain or loss
securities $1,708,360 · other assets $611,503
-
7d · Net gain or loss
total $2,319,863 · excluded $2,319,863
-
8a · Fundraising events: gross income
$17,650
-
8a · Fundraising events: contributions included on line 1c
$214,800
-
8b · Fundraising events: direct expenses
$89,010
-
8c · Net income from fundraising events
total -$71,360 · excluded -$71,360
-
11a · Other revenue: CATERING COMMISSIONS
total $112,550 · unrelated business $112,550
-
11b · Other revenue: MISCELLANEOUS INCOME
total $9,610 · excluded $9,610
-
11e · Other revenue, total
$122,160
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $387,985 · program services $252,190 · management and general $77,598 · fundraising $58,197
-
7 · Other salaries and wages
total $1,238,846 · program services $789,403 · management and general $174,557 · fundraising $274,886
-
8 · Pension plan contributions
total $16,857 · program services $10,678 · management and general $2,085 · fundraising $4,094
-
9 · Other employee benefits
total $91,042 · program services $57,956 · management and general $12,561 · fundraising $20,525
-
10 · Payroll taxes
total $123,016 · program services $78,730 · management and general $18,920 · fundraising $25,366
-
11b · Fees: legal
total $50,026 · program services $41,133 · management and general $8,893
-
11c · Fees: accounting
total $23,814 · management and general $23,814
-
11f · Fees: investment management
total $23,830 · management and general $23,830
-
11g · Fees: other
total $23,884 · program services $22,884 · management and general $1,000
-
12 · Advertising and promotion
total $8,110 · program services $5,257 · fundraising $2,853
-
13 · Office expenses
total $84,398 · program services $7,288 · management and general $37,065 · fundraising $40,045
-
14 · Information technology
total $45,748 · program services $21,572 · management and general $14,670 · fundraising $9,506
-
16 · Occupancy
total $272,488 · program services $258,003 · management and general $9,590 · fundraising $4,895
-
17 · Travel
total $21,205 · program services $20,469 · management and general $594 · fundraising $142
-
19 · Conferences, conventions and meetings
total $1,200 · program services $1,055 · fundraising $145
-
20 · Interest
total $578 · management and general $578
-
22 · Depreciation, depletion and amortization
total $102,651 · program services $70,374 · management and general $18,807 · fundraising $13,470
-
23 · Insurance
total $59,887 · program services $53,861 · management and general $6,026
-
24a · Other expenses: PASS THROUGH GRANT EXPENS
total $183,933 · program services $183,933
-
24b · Other expenses: PROGRAM MATERIALS
total $146,002 · program services $146,002
-
24c · Other expenses: LAND & EASEMENT ACQST
total $62,810 · program services $62,810
-
24d · Other expenses: UBIT
total $26,486 · management and general $26,486
-
24e · All other expenses
total $30,804 · program services $18,212 · management and general $8,409 · fundraising $4,183
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $16,061 · end of year $13,706
-
2 · Savings and temporary cash investments
beginning of year $3,857,303 · end of year $3,420,600
-
3 · Pledges and grants receivable
beginning of year $530,366 · end of year $555,265
-
4 · Accounts receivable
beginning of year $21,816 · end of year $20,649
-
7 · Other notes and loans receivable
beginning of year $18,750 · end of year $162,500
-
8 · Inventories for sale or use
beginning of year $9,621 · end of year $8,205
-
9 · Prepaid expenses and deferred charges
beginning of year $11,684 · end of year $14,843
-
10a · Land, buildings and equipment: cost or other basis
$18,801,336
-
10b · Land, buildings and equipment: accumulated depreciation
$4,491,428
-
10c · Land, buildings and equipment, net
beginning of year $14,792,422 · end of year $14,309,908
-
11 · Investments: publicly traded securities
beginning of year $6,333,322 · end of year $7,391,009
-
15 · Other assets
beginning of year $2,517,929 · end of year $2,770,970
-
17 · Accounts payable and accrued expenses
beginning of year $195,717 · end of year $126,821
-
19 · Deferred revenue
beginning of year $1,183,999 · end of year $445,074
-
23 · Secured mortgages and notes payable
beginning of year $23,592 · end of year $15,728
-
25 · Other liabilities
beginning of year $174,360 · end of year $176,400
-
27 · Net assets without donor restrictions
beginning of year $9,775,081 · end of year $10,704,777
-
28 · Net assets with donor restrictions
beginning of year $16,756,525 · end of year $17,198,855
Mission and programs · 2023
Mission
WE ARE A COMMUNITY BASED ORGANIZATION DEDICATED TO THE PRESERVATION AND PROTECTION OF SIGNIFICANT OPEN SPACES, NATURAL RESOURCES, AND OUR HISTORIC HERITAGE.
-
HERITAGE CONSERVANCY IS A COMMUNITY-BASED, NONPROFIT ORGANIZATION THAT WORKS IN PARTNERSHIP WITH COMMUNITIES, LANDOWNERS, BUSINESSES, GOVERNMENTS, AND OTHER MISSION-FOCUSED ORGANIZATIONS TO ENSURE THAT THE LANDSCAPES THAT MAKE OUR REGION SPECIAL ENDURE AND FLOURISH, FOR THE BENEFIT OF BOTH PEOPLE AND NATURE. FOUNDED IN 1958 AND BASED IN DOYLESTOWN, PA, HERITAGE CONSERVANCY HAS WORKED WITH OTHERS TO PROTECT MORE THAN 16,000 ACRES OF OPEN SPACE, FARMLAND, WILDLIFE HABITAT, AND IMPORTANT WATERSHED AREAS THROUGHOUT BUCKS AND SURROUNDING COUNTIES. WE OWN AND MANAGE MORE THAN 50 PROPERTIES, HOLD CONSERVATION EASEMENTS ON MORE THAN 250 PROPERTIES, AND ACTIVELY PURSUE HABITAT RESTORATION INITIATIVES ACROSS THE REGION. HERITAGE CONSERVANCY ALSO HOLDS HISTORIC PRESERVATION EASEMENTS AND MAINTAINS A REGISTER OF HISTORIC PLACES WITH MORE THAN 700 ENTRIES. IN OUR WORK TO CONNECT PEOPLE TO THE ENVIRONMENT AND HISTORY OF OUR REGION, TO EDUCATE, AND TO INSPIRE ADVOCACY FOR LAND AND WATERSHED PROTECTION, WE INTERACT WITH THOUSANDS OF COMMUNITY MEMBERS EVERY YEAR, INCLUDING MORE THAN 2500 STUDENTS AND MORE THAN 500 VOLUNTEERS. HERITAGE CONSERVANCY IS NATIONALLY ACCREDITED BY THE LAND TRUST ACCREDITATION COMMISSION.
Expenses $2,101,810 · Revenue $472,046
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Maria Rieders PhDMARIA RIEDERS PHD
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Jeffrey H Nicholas EsqJEFFREY H NICHOLAS ESQ
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Richard HenriquesRICHARD HENRIQUES
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Stephen L PhillipsSTEPHEN L PHILLIPS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Lynn T BushLYNN T BUSH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Douglas L Carr CPADOUGLAS L CARR CPA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Christopher B Chandor EsqCHRISTOPHER B CHANDOR ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Brian J Clark EsqBRIAN J CLARK ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Stephen G DarlingtonSTEPHEN G DARLINGTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Nicholas Derose PENICHOLAS DEROSE PE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Ralph C Fey AiaRALPH C FEY AIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Louis J LombardiLOUIS J LOMBARDI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
David OxleyDAVID OXLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Frank C PalopoliFRANK C PALOPOLI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kevin Putman JrKEVIN PUTMAN JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dr Scott Reines MD PhDDR SCOTT REINES MD PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Beth Snyder DMDBETH SNYDER DMD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kathy SummerallKATHY SUMMERALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Julia R Toner EsqJULIA R TONER ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
William KunzeWILLIAM KUNZE
PRESIDENT
- Total calculated
- $183,027
- From this org
- $162,864
- From related orgs
- $0
- Other
- $20,163
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $162,864
- Bonus
- not reported
- Other
- not reported
- Deferred
- $5,407
- Nontaxable benefits
- $14,756
- Filer's total
- $183,027
-
Kris KernKRIS KERN
VICE PRESIDE
- Total calculated
- $109,347
- From this org
- $99,996
- From related orgs
- $0
- Other
- $9,351
- Hours/week
- 37.5
-
Linda J CacossaLINDA J CACOSSA
COO/CFO
- Total calculated
- $95,610
- From this org
- $82,963
- From related orgs
- $0
- Other
- $12,647
- Hours/week
- 37.5
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 · 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.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
HC INTERESTS LLC
HOLD RE · PA · income $10,000 · assets $10,000
Directly controlled by HERITAGE C HERITAGE CONSERVANCY INC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 2 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202431299349300248
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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