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Nonprofiteer
← INDIAN RIVER LAND TR INC

Form 990 for tax year 2024

Filed by INDIAN RIVER LAND TR INC.

Totals

Total revenue
$3,182,840
Total expenses
$1,479,203
Contributions and grants received
$2,375,946
Grants paid
$0
Program service revenue
$0
Investment income
$493,206
Other revenue
$313,688
Total assets, end of year
$38,219,694
Total liabilities, end of year
$34,787
Net assets or fund balances, end of year
$38,184,907
Program services expenses (Part IX)
$1,038,712
Management and general expenses
$216,357
Fundraising expenses
$224,134
Program service expenses (Part III)
$1,038,712

Program services were 70.2% 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

    $1,105

  • 1f · All other contributions, gifts and grants

    $2,374,841

  • 1g · Noncash contributions included above

    $72,967

  • 3 · Investment income

    total $493,206 · excluded $493,206

  • 8a · Fundraising events: gross income

    $425,743

  • 8b · Fundraising events: direct expenses

    $112,055

  • 8c · Net income from fundraising events

    total $313,688 · excluded $313,688

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $187,500 · program services $84,375 · management and general $46,875 · fundraising $56,250

  • 7 · Other salaries and wages

    total $463,114 · program services $352,466 · management and general $46,070 · fundraising $64,578

  • 8 · Pension plan contributions

    total $36,189 · program services $24,298 · management and general $5,170 · fundraising $6,721

  • 9 · Other employee benefits

    total $103,317 · program services $69,370 · management and general $14,760 · fundraising $19,187

  • 10 · Payroll taxes

    total $47,059 · program services $31,597 · management and general $6,723 · fundraising $8,739

  • 11b · Fees: legal

    total $119 · program services $119

  • 11c · Fees: accounting

    total $30,700 · management and general $30,700

  • 11f · Fees: investment management

    total $3,500 · management and general $3,500

  • 12 · Advertising and promotion

    total $42,135 · program services $20,619 · management and general $7,348 · fundraising $14,168

  • 13 · Office expenses

    total $97,257 · program services $50,146 · management and general $22,424 · fundraising $24,687

  • 16 · Occupancy

    total $85,180 · program services $57,192 · management and general $12,169 · fundraising $15,819

  • 17 · Travel

    total $1,100 · program services $739 · management and general $157 · fundraising $204

  • 19 · Conferences, conventions and meetings

    total $7,573 · program services $5,085 · management and general $1,082 · fundraising $1,406

  • 22 · Depreciation, depletion and amortization

    total $30,197 · program services $23,271 · management and general $6,926

  • 23 · Insurance

    total $22,375 · program services $16,781 · management and general $5,594

  • 24a · Other expenses: LAND STEWARDSHIP

    total $161,890 · program services $161,890

  • 24b · Other expenses: LAND PROTECTION

    total $35,172 · program services $35,172

  • 24c · Other expenses: SEPTIC TO SEWER PROJECT

    total $25,000 · program services $25,000

  • 24d · Other expenses: COMMUNITY OUTREACH

    total $22,697 · program services $18,734 · management and general $156 · fundraising $3,807

  • 24e · All other expenses

    total $77,129 · program services $61,858 · management and general $6,703 · fundraising $8,568

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,899,113 · end of year $978,770

  • 2 · Savings and temporary cash investments

    beginning of year $289,826 · end of year $300,000

  • 3 · Pledges and grants receivable

    beginning of year $681,487 · end of year $1,275,395

  • 10a · Land, buildings and equipment: cost or other basis

    $26,850,634

  • 10b · Land, buildings and equipment: accumulated depreciation

    $166,668

  • 10c · Land, buildings and equipment, net

    beginning of year $23,142,191 · end of year $26,683,966

  • 11 · Investments: publicly traded securities

    beginning of year $9,018,191 · end of year $8,967,003

  • 15 · Other assets

    beginning of year $19,560 · end of year $14,560

  • 17 · Accounts payable and accrued expenses

    beginning of year $32,241 · end of year $34,787

  • 27 · Net assets without donor restrictions

    beginning of year $29,035,128 · end of year $31,473,420

  • 28 · Net assets with donor restrictions

    beginning of year $6,982,999 · end of year $6,711,487

Mission and programs · 2024

Mission

TO PROTECT, IMPROVE, PROVIDE ACCESS TO, AND PROMOTE THE PRESERVATION OF WATERWAYS, OPEN SPACES, AND GREEN PLACES IN INDIAN RIVER COUNTY FOR THE BENEFIT OF ALL TODAY AND TOMORROW.

  • THE INDIAN RIVER LAND TRUST ACQUIRES UNDEVELOPED CONSERVATION PROPERTIES AND CONDUCTS RESTORATION OF THEIR COASTAL WETLANDS AND ADJOINING UPLAND AREAS IN ORDER TO PRESERVE WILDLIFE HABITAT, PROTECT SCENIC WATERFRONT AND PROVIDE PUBLIC ACCESS FOR RECREATION AND EDUCATION.

    Expenses $1,038,712

As filed on the 2024 return.

Listed in Part VII

  • MEG STEINER

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • SCOTT ALEXANDER

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • CHARLES CRAMB

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • DAVID A SMITH

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • CHRISTOPHER RYAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JANET ALFORD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DAVID DICKENSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • PETER BENEDICT II

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • THEODORE BRICKMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • NED DAYTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ELIZABETH MOULTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ELIZABETH GILLICK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JOSEPH HUBER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MALCOLM MACCOLL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • EDWARD MICHAEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • KATE MOOR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • PETER MOOR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • LEE MOORE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • GREG CASALINO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • KENNETH GRUDENS

    EXECUTIVE DIRECTOR

    Total calculated
    $213,748
    From this org
    $175,000
    From related orgs
    $0
    Other
    $38,748
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $175,000
    Bonus
    $0
    Other
    $0
    Deferred
    $10,597
    Nontaxable benefits
    $28,151
    Filer's total
    $213,748

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 · 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.

Provenance

Return type
form_990
Tax year
2024
Filed
28 January 2026
IRS schema version
2024v5.5
Source object
202620309349301232

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