Totals
- Total revenue
- $1,995,749
- Total expenses
- $1,885,252
- Contributions and grants received
- $1,360,654
- Grants paid
- $0
- Program service revenue
- $8,266
- Investment income
- $594,647
- Other revenue
- $32,182
- Total assets, end of year
- $33,755,485
- Total liabilities, end of year
- $744,151
- Net assets or fund balances, end of year
- $33,011,334
- Program services expenses (Part IX)
- $1,241,573
- Management and general expenses
- $399,802
- Fundraising expenses
- $243,877
- Program service expenses (Part III)
- $1,241,573
Program services were 65.9% 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.
-
1c · Fundraising events
$128,312
-
1f · All other contributions, gifts and grants
$1,232,342
-
1g · Noncash contributions included above
$60,317
-
2a · Program service revenue: FEES FOR SERVICES
total $8,266 · related or exempt $8,266
-
3 · Investment income
total $594,487 · excluded $594,487
-
6a · Gross rents
real property $41,936
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $41,936
-
6d · Net rental income or loss
total $41,936 · excluded $41,936
-
7a · Gross sales of assets other than inventory
securities $60,476
-
7b · Less cost or other basis and sales expenses
securities $60,316
-
7c · Gain or loss
securities $160
-
7d · Net gain or loss
total $160 · excluded $160
-
8a · Fundraising events: gross income
$29,090
-
8a · Fundraising events: contributions included on line 1c
$128,312
-
8b · Fundraising events: direct expenses
$43,740
-
8c · Net income from fundraising events
total -$14,650 · excluded -$14,650
-
11a · Other revenue: OTHER INCOME
total $4,896 · excluded $4,896
-
11e · Other revenue, total
$4,896
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $275,697 · program services $179,202 · management and general $27,569 · fundraising $68,926
-
7 · Other salaries and wages
total $843,960 · program services $631,537 · management and general $183,535 · fundraising $28,888
-
8 · Pension plan contributions
total $15,167 · program services $11,998 · management and general $2,690 · fundraising $479
-
9 · Other employee benefits
total $87,804 · program services $64,324 · management and general $15,795 · fundraising $7,685
-
10 · Payroll taxes
total $90,829 · program services $65,851 · management and general $17,111 · fundraising $7,867
-
11b · Fees: legal
total $14,380 · program services $14,380
-
11c · Fees: accounting
total $60,040 · management and general $60,040
-
11g · Fees: other
total $79,796 · program services $78,118 · management and general $1,066 · fundraising $612
-
12 · Advertising and promotion
total $651 · program services $175 · fundraising $476
-
13 · Office expenses
total $59,878 · program services $22,829 · management and general $17,235 · fundraising $19,814
-
14 · Information technology
total $69,773 · program services $19,769 · management and general $3,403 · fundraising $46,601
-
16 · Occupancy
total $43,929 · program services $10,492 · management and general $32,183 · fundraising $1,254
-
17 · Travel
total $8,824 · program services $7,964 · management and general $623 · fundraising $237
-
19 · Conferences, conventions and meetings
total $13,959 · program services $5,535 · management and general $594 · fundraising $7,830
-
22 · Depreciation, depletion and amortization
total $90,517 · program services $68,147 · management and general $14,229 · fundraising $8,141
-
23 · Insurance
total $57,266 · program services $43,140 · management and general $8,972 · fundraising $5,154
-
24a · Other expenses: PRINTING AND PUBLICATIO
total $37,635 · program services $12,123 · management and general $132 · fundraising $25,380
-
24b · Other expenses: LICENSES AND FEES
total $13,119 · program services $13 · management and general $5 · fundraising $13,101
-
24c · Other expenses: LAND MAINTENANCE
total $3,711 · program services $3,343 · management and general $368 · fundraising $0
-
24e · All other expenses
total $18,317 · program services $2,633 · management and general $14,252 · fundraising $1,432
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $102,301 · end of year $108,844
-
2 · Savings and temporary cash investments
beginning of year $4,549,010 · end of year $1,160,190
-
3 · Pledges and grants receivable
beginning of year $91,500 · end of year $27,624
-
4 · Accounts receivable
beginning of year $13,609 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $44,020 · end of year $34,071
-
10a · Land, buildings and equipment: cost or other basis
$13,354,815
-
10b · Land, buildings and equipment: accumulated depreciation
$1,131,336
-
10c · Land, buildings and equipment, net
beginning of year $12,272,926 · end of year $12,223,479
-
11 · Investments: publicly traded securities
beginning of year $14,297,213 · end of year $20,114,915
-
15 · Other assets
beginning of year $78,400 · end of year $86,362
-
17 · Accounts payable and accrued expenses
beginning of year $107,592 · end of year $185,296
-
25 · Other liabilities
beginning of year $8,688 · end of year $558,855
-
27 · Net assets without donor restrictions
beginning of year $21,324,409 · end of year $22,121,442
-
28 · Net assets with donor restrictions
beginning of year $10,008,290 · end of year $10,889,892
Mission and programs · 2023
Mission
SUDBURY VALLEY TRUSTEES, INC. ("THE ORGANIZATION") WORKS TO PROTECT NATURAL AREAS AND FARMLAND FOR WILDLIFE AND PEOPLE IN THE 36 COMMUNITIES THAT SURROUND THE SUDBURY, ASSABET, AND CONCORD RIVERS. THE ORGANIZATION CARES FOR SOME OF THE REGION'S MOST IMPORTANT FORESTS, WETLANDS, AND GRASSLANDS NATURAL AREAS THAT SUPPORT WILDLIFE HABITAT, WORKING FARMS, AND RECREATIONAL TRAILS. THE ORGANIZATION CURRENTLY OWNS 2,434 ACRES ON 94 PROPERTIES AND HOLDS CONSERVATION EASEMENTS (KNOWN AS CONSERVATION RESTRICTMENTS IN MASSACHUSETTS) ON 98 ADDITIONAL LANDS THAT SPAN 3,332 ACRES. THE ORGANIZATION HAS ALSO HELPED TO PROTECT MORE THAN 70 MILES OF TRAILS.
Activities or mission (Part I)
LAND/RIVER PROTECTION, STEWARDSHIP, AND EDUCATION/ADVOCACY
-
AS A REGIONAL NONPROFIT LAND TRUST, THE ORGANIZATION COLLABORATES WITH INDIVIDUAL LANDOWNERS, LOCAL LAND TRUSTS, AND MUNICIPAL, STATE, AND FEDERAL AGENCIES TO PROTECT LAND FOR WILDLIFE HABITAT, PASSIVE RECREATION, AGRICULTURE, AND FORESTRY. IN SOME CASES, THE ORGANIZATION ACQUIRES PROPERTY TO OWN AND MANAGE AS A RESERVATION, AND IN OTHER CASES THE ORGANIZATION MONITORS CONSERVATION LAND OWNED BY OTHERS. IN EITHER SITUATION, THE ORGANIZATION ENSURES THAT NO UNAPPROVED DEVELOPMENT OR OTHER ACTIVITY TAKES PLACE ON THE LAND.
Expenses $377,742
-
THE STEWARDSHIP PROGRAM IS RESPONSIBLE FOR THE MANAGEMENT OF THE RESERVATIONS THAT THE ORGANIZATION OWNS AND FOR THE MONITORING AND OVERSIGHT OF CONSERVATION RESTRICTIONS. THE STEWARDSHIP PROGRAM INCLUDES ECOSYSTEM AND HABITAT PROTECTION, MAINTENANCE OF VIEWS, ACCESS, AND TRAILS, PROTECTION OF THE LEGACY OF THE PROPERTIES, AND COORDINATION OF THE STEWARDSHIP VOLUNTEERS.
Expenses $632,452
-
THE ORGANIZATION PARTNERS WITH MUNICIPAL BOARDS AND COMMITTEES, LOCAL LAND TRUSTS, AND STATE AND FEDERAL AGENCIES TO SUPPORT ONE ANOTHER'S CONSERVATION GOALS AND TO POOL RESOURCES TO ENABLE CONSERVATION. IN ADDITION, THE ORGANIZATION WORKS WITH LANDOWNERS WHO ARE INTERESTED IN MAKING LONG-TERM CONSERVATION PLANS FOR THEIR LAND AND PARTICIPATES IN NON-PARTISAN WORK TO ADVOCATE FOR POLICIES AND FUNDING THAT DIRECTLY ADVANCE THE LAND PROTECTION AND STEWARDSHIP OF NATURAL AREAS AROUND THE SUDBURY, ASSABET, AND CONCORD RIVERS, AS WELL AS IN MASSACHUSETTS IN GENERAL.
Expenses $231,379 · Revenue $8,266
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Colin AndersonCOLIN ANDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Paul BakstranPAUL BAKSTRAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Sherrill ClineSHERRILL CLINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steve CorreiaSTEVE CORREIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Molly CutlerMOLLY CUTLER
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Rebecca CuttingREBECCA CUTTING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sean FairSEAN FAIR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ruth Kennedy SudduthRUTH KENNEDY SUDDUTH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peter MartinPETER MARTIN
CLERK
- Total calculated
- $0
- Hours/week
- 5
-
John MastrobattistaJOHN MASTROBATTISTA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Karin PaquinKARIN PAQUIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard PerkinsRICHARD PERKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Greg PetersonGREG PETERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lisa SchimmelLISA SCHIMMEL
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Jim ValoneJIM VALONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lindsey Ketchel Started 72023LINDSEY KETCHEL STARTED 72023
INCOMING EXECUTIVE DIRECTOR
- Total calculated
- $76,154
- From this org
- $75,081
- From related orgs
- $0
- Other
- $1,073
- Hours/week
- 40
-
Lisa Vernegaard Until 823LISA VERNEGAARD UNTIL 823
OUTGOING EXECUTIVE DIRECTOR
- Total calculated
- $118,970
- From this org
- $114,361
- From related orgs
- $0
- Other
- $4,609
- 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
- 14 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202520569349301777
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