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Nonprofiteer
← THE LAND TRUST OF NORTH ALABAMA INC

Form 990 for tax year 2022

Filed by THE LAND TRUST OF NORTH ALABAMA INC.

Totals

Total revenue
$4,686,601
Total expenses
$837,251
Contributions and grants received
$4,475,835
Grants paid
$0
Program service revenue
$0
Investment income
$145,408
Other revenue
$65,358
Total assets, end of year
$42,792,136
Total liabilities, end of year
$110,813
Net assets or fund balances, end of year
$42,681,323
Program services expenses (Part IX)
$682,771
Management and general expenses
$124,310
Fundraising expenses
$30,170
Program service expenses (Part III)
$682,771

Program services were 81.5% 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.

  • 1a · Federated campaigns

    $17,148

  • 1b · Membership dues

    $6,900

  • 1e · Government grants (contributions)

    $201,250

  • 1f · All other contributions, gifts and grants

    $4,250,537

  • 1g · Noncash contributions included above

    $2,605,535

  • 3 · Investment income

    total $140,408 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $14,877

  • 6c · Rental income or loss

    real property $14,877

  • 6d · Net rental income or loss

    total $14,877 · related or exempt $14,877

  • 7a · Gross sales of assets other than inventory

    other assets $20,000

  • 7b · Less cost or other basis and sales expenses

    other assets $15,000

  • 7c · Gain or loss

    other assets $5,000

  • 7d · Net gain or loss

    total $5,000 · related or exempt $5,000 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: gross income

    $90,476

  • 8a · Fundraising events: contributions included on line 1c

    $90,476

  • 8b · Fundraising events: direct expenses

    $39,995

  • 8c · Net income from fundraising events

    total $50,481 · unrelated business $0 · excluded $50,481

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $86,745 · program services $77,759 · management and general $7,104 · fundraising $1,882

  • 7 · Other salaries and wages

    total $296,676 · program services $265,940 · management and general $24,298 · fundraising $6,438

  • 9 · Other employee benefits

    total $9,168 · program services $8,218 · management and general $751 · fundraising $199

  • 10 · Payroll taxes

    total $33,480 · program services $30,011 · management and general $2,742 · fundraising $727

  • 11c · Fees: accounting

    total $8,661 · program services $7,764 · management and general $709 · fundraising $188

  • 12 · Advertising and promotion

    total $16,758 · program services $0 · management and general $8,379 · fundraising $8,379

  • 13 · Office expenses

    total $45,305 · program services $11,520 · management and general $29,609 · fundraising $4,176

  • 16 · Occupancy

    total $36,227 · program services $32,474 · management and general $2,967 · fundraising $786

  • 17 · Travel

    total $1,562 · program services $0 · management and general $1,562 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $36,944 · program services $33,116 · management and general $3,026 · fundraising $802

  • 23 · Insurance

    total $14,423 · program services $12,929 · management and general $1,181 · fundraising $313

  • 24a · Other expenses: LAND EXPENSE

    total $18,385 · program services $18,385 · management and general $0 · fundraising $0

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $7,543 · program services $6,761 · management and general $618 · fundraising $164

  • 24c · Other expenses: MEMBERSHIP EXPENSE

    total $12,234 · program services $0 · management and general $6,118 · fundraising $6,116

  • 24d · Other expenses: PROPERTY MANAGEMENT

    total $66,472 · program services $66,472 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $146,668 · program services $111,422 · management and general $35,246 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,137,836 · end of year $2,552,871

  • 3 · Pledges and grants receivable

    beginning of year $378,117 · end of year $333,953

  • 9 · Prepaid expenses and deferred charges

    beginning of year $14,237 · end of year $14,876

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

    $35,746,532

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

    $390,253

  • 10c · Land, buildings and equipment, net

    beginning of year $31,980,705 · end of year $35,356,279

  • 15 · Other assets

    beginning of year $5,036,992 · end of year $4,534,157

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,155 · end of year $9,941

  • 24 · Unsecured notes and loans payable

    beginning of year $0

  • 25 · Other liabilities

    beginning of year $26,874 · end of year $100,872

  • 27 · Net assets without donor restrictions

    beginning of year $33,969,525 · end of year $37,021,146

  • 28 · Net assets with donor restrictions

    beginning of year $5,546,333 · end of year $5,660,177

Mission and programs · 2022

Mission

TO PRESERVE AND PROTECT NORTH ALABAMA LAND AND ITS LEGACIES FOR CONSERVATION, PUBLIC RECREATION, AND ENVIRONMENTAL EDUCATION.

  • During FY 2022, the Land Trust of North Alabama (LTNA) continued programs in furtherance of our mission to protect and preserve land and its legacies for conservation, public recreation advocacy and conservation education. The LTNA conserved an additional 516 acres in 2022, bringing the total of owned and managed conservation property to over 9800 acres. LTNA also provided a wide range of nature-based education and recreation opportunities, including field trips, on-campus school programs, and guided hikes. All 8 of our nature preserves are open daily for people to enjoy activities including hiking, biking, wildlife viewing, photography, picnicking, bird watching and fishing. Two of our nature preserves also allow horseback riding opportunities.

    Expenses $682,771 · Revenue $1,823,866

As filed on the 2022 return.

Listed in Part VII

  • Glynn Below

    CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Matt Powers

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Bethany Sneed

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Gary Bolton

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Joe Fehrenback

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Joey Azar

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Katie Amos Beasley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cullen Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ryan Chaffin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mike Dalen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Estep

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • James Falcon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Megan Gully

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lindsey Pattillo Keane

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joseph Paull

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ryan Reed

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nicholas Rockhill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bart Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Karen Stanley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Zenovia Stephens

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Herman Stubbs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Harry Wilson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Matthew Wilson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Marie Bostick

    EXECUTIVE DIRECTOR

    Total calculated
    $86,745
    From this org
    $86,745
    From related orgs
    $0
    Other
    $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
2022
Filed
27 October 2023
IRS schema version
2022v5.0
Source object
202313009349301206

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