Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $91,477

• 1e · Government grants (contributions)

  $36,575

• 1f · All other contributions, gifts and grants

  $5,085,912

• 1g · Noncash contributions included above

  $38,530

• 2a · Program service revenue: MANAGEMENT FEES

  total $263,416 · related or exempt $263,416

• 2b · Program service revenue: PROJECT REVENUES

  total $105,005 · related or exempt $105,005

• 2c · Program service revenue: SETTLEMENT REVENUE

  total $387 · related or exempt $387

• 3 · Investment income

  total $240,833 · excluded $240,833

• 6a · Gross rents

  real property $43,249

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $43,249

• 6d · Net rental income or loss

  total $43,249 · excluded $43,249

• 7a · Gross sales of assets other than inventory

  securities $13,831

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

  securities $0

• 7c · Gain or loss

  securities $13,831

• 7d · Net gain or loss

  total $13,831 · excluded $13,831

• 11a · Other revenue: MISCELLANEOUS

  total $29 · related or exempt $29

• 11e · Other revenue, total

  $29

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $3,306,124 · program services $3,306,124

• 5 · Compensation of officers, directors and key employees

  total $289,078 · program services $141,089 · management and general $84,682 · fundraising $63,307

• 7 · Other salaries and wages

  total $893,803 · program services $501,597 · management and general $144,340 · fundraising $247,866

• 8 · Pension plan contributions

  total $39,652 · program services $23,098 · management and general $6,499 · fundraising $10,055

• 9 · Other employee benefits

  total $111,889 · program services $63,086 · management and general $20,377 · fundraising $28,426

• 10 · Payroll taxes

  total $77,724 · program services $42,232 · management and general $15,269 · fundraising $20,223

• 11a · Fees: management

  total $263,416 · program services $263,416

• 11b · Fees: legal

  total $10,280 · program services $100 · management and general $10,000 · fundraising $180

• 11c · Fees: accounting

  total $11,477 · management and general $11,477

• 11f · Fees: investment management

  total $2,803 · management and general $2,803

• 11g · Fees: other

  total $464,359 · program services $387,816 · management and general $40,980 · fundraising $35,563

• 13 · Office expenses

  total $38,267 · program services $1,653 · management and general $36,614

• 16 · Occupancy

  total $259,021 · program services $164,237 · management and general $57,673 · fundraising $37,111

• 17 · Travel

  total $105,737 · program services $80,683 · management and general $23,207 · fundraising $1,847

• 22 · Depreciation, depletion and amortization

  total $56,399 · program services $38,638 · management and general $11,478 · fundraising $6,283

• 23 · Insurance

  total $52,742 · program services $43,671 · management and general $9,071

• 24a · Other expenses: INVESTMENT UBIT

  total $1,316 · management and general $1,316

• 24b · Other expenses: PLEDGE & LOAN LOSS EXP.

  total $81,380 · management and general $81,380

• 24c · Other expenses: PROPERTY MAINTENANCE

  total $44,414 · program services $44,340 · fundraising $74

• 24d · Other expenses: PBLC. RELATIONS & COMM.

  total $38,201 · program services $16,323 · management and general $4,781 · fundraising $17,097

• 24e · All other expenses

  total $30,034 · program services $578 · management and general $7,041 · fundraising $22,415

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $425,199 · end of year $342,812

• 2 · Savings and temporary cash investments

  beginning of year $6,168,344 · end of year $5,141,333

• 3 · Pledges and grants receivable

  beginning of year $93,219 · end of year $401,561

• 4 · Accounts receivable

  beginning of year $16,456 · end of year $137,547

• 9 · Prepaid expenses and deferred charges

  beginning of year $53,015 · end of year $558,101

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

  $4,339,344

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

  $3,520,744

• 10c · Land, buildings and equipment, net

  beginning of year $574,041 · end of year $818,600

• 11 · Investments: publicly traded securities

  beginning of year $1,817,726 · end of year $1,963,512

• 15 · Other assets

  beginning of year $1,842,806 · end of year $10,797,364

• 17 · Accounts payable and accrued expenses

  beginning of year $794,574 · end of year $1,108,833

• 25 · Other liabilities

  beginning of year $1,987,310 · end of year $10,914,804

• 27 · Net assets without donor restrictions

  beginning of year $5,772,997 · end of year $3,219,523

• 28 · Net assets with donor restrictions

  beginning of year $2,435,925 · end of year $4,917,670

The filer's explanations (Part III)

PART I, LINE 4A

IN 2023, GARRAUD ETIENNE RECEIVED SEVERENCE PAY OF $75,000 AND IT IS REPORTED IN COLUMN B(III).

PART I, LINE 7

THE BONUS OF THE CEO/PRESIDENT DISPLAYED ON SCHEDULE J, PART II, COLUMN B(II) WAS APPROVED BY THE BOARD OF DIRECTORS BASED ON THE RECOMMENDATION OF THE COMPENSATION COMMITTEE. BONUSES FOR POSITIONS REPORTING TO THE CEO/PRESIDENT WERE RECOMMENDED BY THE CEO/PRESIDENT AND APPROVED BY THE COMPENSATION COMMITTEE. OTHER BONUSES WERE APPROVED BY THE CEO/PRESIDENT.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• STRATEGIC CONSERVATION PARTNERS LLC

  CONSERVATION LAND INVESTMENTS · NY