Civic Intelligence

Orono Land Trust Inc.

990 • Fiscal year 2018 • EIN 01-0417249

Jan 01, 2018 to Dec 31, 2018 • Filed on May 03, 2019

P O Box 4Orono, ME 04473-0004

(207) 827-4615

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

95th percentile

69%

Higher net margin than 95% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

57th percentile

4.3%

Faster asset growth than 57% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

9th percentile

-34%

Faster revenue growth than 9% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$526,688

Up $21,566 (+4.3%) from 2017

Net Assets

Up

$526,688

Up $21,566 (+4.3%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$63,072

Down $33,167 (-34%) from 2017

Expenses

Down

$19,533

Down $21,277 (-52%) from 2017

Net Income

Down

$43,539

Down $11,890 (-21%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $346,790Liabilities 2011: $1302011Assets 2012: $378,530Liabilities 2012: $02012Assets 2013: $374,278Liabilities 2013: $0Net Assets 2013: $374,2782013Assets 2014: $393,618Liabilities 2014: $750Net Assets 2014: $392,8682014Assets 2015: $390,108Liabilities 2015: $0Net Assets 2015: $390,1082015Assets 2016: $427,229Liabilities 2016: $60Net Assets 2016: $427,1692016Assets 2017: $505,122Liabilities 2017: $0Net Assets 2017: $505,1222017Assets 2018: $526,688Liabilities 2018: $0Net Assets 2018: $526,6882018Assets 2019: $570,300Liabilities 2019: $1,259Net Assets 2019: $569,0412019Assets 2020: $669,292Liabilities 2020: $329Net Assets 2020: $668,9632020Assets 2021: $709,177Liabilities 2021: $1,397Net Assets 2021: $707,7802021Assets 2022: $734,344Liabilities 2022: $1,295Net Assets 2022: $733,0492022Assets 2023: $869,422Liabilities 2023: $0Net Assets 2023: $869,4222023Assets 2024: $1,377,418Liabilities 2024: $45,000Net Assets 2024: $1,332,4182024

Highlighted filing

2018

Assets$526,688
Liabilities$0
Net Assets$526,688

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0Revenue 2011: $90,793Expenses 2011: $76,719Net Income 2011: $14,0742011Revenue 2012: $38,687Expenses 2012: $16,251Net Income 2012: $22,4362012Revenue 2013: $250,388Expenses 2013: $54,027Net Income 2013: $196,3612013Revenue 2014: $38,443Expenses 2014: $25,659Net Income 2014: $12,7842014Revenue 2015: $19,663Expenses 2015: $18,962Net Income 2015: $7012015Revenue 2016: $47,675Expenses 2016: $13,332Net Income 2016: $34,3432016Revenue 2017: $96,239Expenses 2017: $40,810Net Income 2017: $55,4292017Revenue 2018: $63,072Expenses 2018: $19,533Net Income 2018: $43,5392018Revenue 2019: $52,409Expenses 2019: $37,582Net Income 2019: $14,8272019Revenue 2020: $157,792Expenses 2020: $101,750Net Income 2020: $56,0422020Revenue 2021: $47,790Expenses 2021: $30,874Net Income 2021: $16,9162021Revenue 2022: $104,398Expenses 2022: $23,718Net Income 2022: $80,6802022Revenue 2023: $150,941Expenses 2023: $43,200Net Income 2023: $107,7412023Revenue 2024: $513,520Expenses 2024: $63,208Net Income 2024: $450,3122024

Highlighted filing

2018

Revenue$63,072
Expenses$19,533
Net Income$43,539
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 3, 2019
Return Version
2018v3.1
Gross Receipts
$63,072
Mission and Program Overview

Mission

Acquisition and maintenance of public land

Acquisition and maintenance of public land.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$195,498$181,544▼ $13,954
Savings and Temporary Cash Investments$72,489$83,719▲ $11,230
Land, Buildings, and Equipment, Net$52,195$64,970▲ $12,775
Prepaid Expenses and Deferred Charges$1,674$2,169▲ $495
Accounts Receivable-$2,020-
Total Assets$505,122$526,688▲ $21,566
Other Assets Total$183,266$192,266▲ $9,000
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$377,784$391,660▲ $13,876
Permanently Rstr Net Assets$69,913$78,913▲ $9,000
Temporarily Rstr Net Assets$57,425$56,115▼ $1,310
Total Net Assets Fund Balance$505,122$526,688▲ $21,566
Total Liabilities and Net Assets / Fund Balance$505,122$526,688▲ $21,566

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$34,816$2,784$37,600
Equipment$14,107$5,746$19,853
Buildings$8,947$249$9,196
Land$7,100-$7,100
Other Assets Org$192,266--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Patricia ThompsonPresident
Adam ToothackerDirector
Bob McdonoughDirector
Carter StoneDirector
Daniel HayesDirector
David ThompsonDirector
Gail WhiteDirector
Jerry LongcoreDirector
Kate LockeDirector
Kris SornbergerDirector
Linda SwackhamerDirector
Melissa BurchDirector
Mollly McleanDirector
Ray OwenDirector
Rob CadyDirector
Sue EstlerDirector
Sue OwenDirector
Tom CassidyDirector
Warren BlackDirector
Timothy WhiteSecretary
Gerry DwyerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$50,001
Program Service Revenue
$0
Investment Income
$11,869
Other Revenue
$1,202
All Other Contributions
$50,001
Change in Net Assets
$43,539
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$19,533
Total Fundraising Expense$741
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$5,870--$5,870
Depreciation Depletion$2,904$60-$2,964
Insurance$2,138--$2,138
Fees for Services Accounting-$2,091-$2,091
Office Expenses$599$968$203$1,770
Fees for Services Legal$662--$662
Other Expenses$650-$488$650
Information Technology$109--$109
Conferences and Meetings$65--$65
All Other Expenses--$50$50
Total Functional Expenses$15,673$3,119$741$19,533
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Ray owen sue owen director director husband and wife david thompson pat thompson director president husband and wife

Form 990, Page 6, Part VI, Line 6

A member of olt is any person, including an individual, trust, estate, partnership, association, company or corporation, that makes a contribution in cash or in kind. The duties and privileges of such membership may be exercised by such owner in person or by a duly authorized representative, provided that there shall be no more than one vote for each membership.

Form 990, Page 6, Part VI, Line 7A

Members elect the board of directors at an annual membership meeting.

Form 990, Page 6, Part VI, Line 7B

Sale or transfer of land requires a two-thirds vote of members present at a membership meeting to become effective.

Form 990, Page 6, Part VI, Line 11B

President and treasurer review form 990 before it is filed.

Form 990, Page 6, Part VI, Line 12C

Annually all members of the board of directors must sign a statement affir ming that they have read and understand the land trust's conflict of inter est policy and listing any possible conflicts of interest. This policy is enforced by the president of the land trust. In addition, board members recuse themselves from voting, and if appropriate from discussion if a conflict is present.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Orono Land Trust
EIN
01-0417249
Phone
2078274615
Address
P O BOX 4, ORONO, ME 04473-0004

Signing Officer

Name
Patricia Thompson
Title
President
Phone
2078274615
Signed
2019-05-03

Organization Details

Principal Officer
Patricia Thompson
Formed
1986
Legal Domicile
Me
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
31

Preparer

Firm
Lg&h
Address
12 STILLWATER AVE STE 5, BANGOR, ME 04401
Preparer
Christopher S Hinds
Phone
2079904585
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Appraisals 4,495 0 0 environmental assessment 1,375 0 0 total 5,870 0 0

Financial Statement Notes

Schedule D, Page 1, Part II, Line 9

Conservation easements are not recorded or reported, except for a listing of them without valuation in the footnotes of the financial statements. The relevant accounting method footnote in the financial statements says that conservation easements held by the orono land trust are not recorded because easements do not represent economic assets.

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IRS990/InsuranceGrp/ProgramServicesAmt02138
IRS990/InsuranceGrp/TotalAmt02138
IRS990/InvestmentIncomeGrp/ExclusionAmt011869
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt011869
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0195498
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0181544
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08779
IRS990/LandBldgEquipBasisNetGrp/BOYAmt052195
IRS990/LandBldgEquipBasisNetGrp/EOYAmt064970
IRS990/LandBldgEquipCostOrOtherBssAmt073749
IRS990/LegalDomicileStateCd0ME
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ACQUISITION AND MAINTENANCE OF PUBLIC LAND.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0505122
IRS990/NetAssetsOrFundBalancesEOYAmt0526688
IRS990/NetUnrlzdGainsLossesInvstAmt0-21973
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt09000
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt0203
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0968
IRS990/OfficeExpensesGrp/ProgramServicesAmt0599
IRS990/OfficeExpensesGrp/TotalAmt01770
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0183266
IRS990/OtherAssetsTotalGrp/EOYAmt0192266
IRS990/OtherExpensesGrp/Desc0STEWARDSHIP EXPENSES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc3DUES TO LTA AND MLTN
IRS990/OtherExpensesGrp/FundraisingAmt0488
IRS990/OtherExpensesGrp/ProgramServicesAmt01382
IRS990/OtherExpensesGrp/ProgramServicesAmt1444
IRS990/OtherExpensesGrp/ProgramServicesAmt2850
IRS990/OtherExpensesGrp/ProgramServicesAmt3650
IRS990/OtherExpensesGrp/TotalAmt01382
IRS990/OtherExpensesGrp/TotalAmt1932
IRS990/OtherExpensesGrp/TotalAmt2850
IRS990/OtherExpensesGrp/TotalAmt3650
IRS990/OtherRevenueMiscGrp/BusinessCd0453220
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS SALES
IRS990/OtherRevenueMiscGrp/ExclusionAmt01202
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01202
IRS990/OtherRevenueTotalAmt01202
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt069913
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt078913
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01674
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02169
IRS990/PrincipalOfficerNm0PATRICIA THOMPSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0STEWARDSHIP AND TRAILS - STEWARDSHIP OF 1,048 ACRES OF PARCELS OWNED IN FEE, 1913 ACRES OF CONSERVATION EASEMENTS, 9 TRAIL EASEMENTS, AND 192 ACRES OF TOWN- AND STATE-OWNED LAND.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt07574
IRS990/ProgSrvcAccomActy3Grp/Desc0COMMUNICATION AND EDUCATION - PUBLISHED THREE NEWSLETTERS FOR MEMBERS, HELD A NUMBER OF PUBLIC WALKS, AND PRESENTED AN EDUCATIONAL PROGRAM AT THE ANNUAL MEETING.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01567
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt087440
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt08599
IRS990/PYOtherExpensesAmt040810
IRS990/PYOtherRevenueAmt0200
IRS990/PYRevenuesLessExpensesAmt055429
IRS990/PYTotalExpensesAmt040810
IRS990/PYTotalRevenueAmt096239
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt043539
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt072489
IRS990/SavingsAndTempCashInvstGrp/EOYAmt083719
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME 258
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt050001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt087440
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt039320
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt016420
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt029229
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0222410
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt011869
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt08599
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt07887
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03243
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04569
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt036167
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05806
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0200
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt058
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0258
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.77030
IRS990ScheduleA/PublicSupportPY170Pct00.90170
IRS990ScheduleA/PublicSupportTotal170Amt0200312
IRS990ScheduleA/SubstantialContributorsTotAmt022098
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt050001
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt087440
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt039320
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt016420
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt029229
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0222410
IRS990ScheduleA/TotalSupportAmt0260037
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt01202
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt01202
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt08947
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0249
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09196
IRS990ScheduleD/EquipmentGrp/BookValueAmt014107
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05746
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019853
IRS990ScheduleD/LandGrp/BookValueAmt07100
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt07100
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0192266
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LAND HELD FOR CONSERVATION
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt034816
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02784
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt037600
IRS990ScheduleD/PreservationOpenSpaceInd0X
IRS990ScheduleD/PreservationPublicUseInd0X
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
IRS990ScheduleD/StaffHoursSpentEnforcementCnt0107.00
IRS990ScheduleD/StatesEasementsHeldCnt01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CONSERVATION EASEMENTS ARE NOT RECORDED OR REPORTED, EXCEPT FOR A LISTING OF THEM WITHOUT VALUATION IN THE FOOTNOTES OF THE FINANCIAL STATEMENTS. THE RELEVANT ACCOUNTING METHOD FOOTNOTE IN THE FINANCIAL STATEMENTS SAYS THAT CONSERVATION EASEMENTS HELD BY THE ORONO LAND TRUST ARE NOT RECORDED BECAUSE EASEMENTS DO NOT REPRESENT ECONOMIC ASSETS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 1, PART II, LINE 9
IRS990ScheduleD/TotalAcreageCnt01913.00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt064970
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0192266
IRS990ScheduleD/TotalEasementsCnt012
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RAY OWEN SUE OWEN DIRECTOR DIRECTOR HUSBAND AND WIFE DAVID THOMPSON PAT THOMPSON DIRECTOR PRESIDENT HUSBAND AND WIFE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A MEMBER OF OLT IS ANY PERSON, INCLUDING AN INDIVIDUAL, TRUST, ESTATE, PARTNERSHIP, ASSOCIATION, COMPANY OR CORPORATION, THAT MAKES A CONTRIBUTION IN CASH OR IN KIND. THE DUTIES AND PRIVILEGES OF SUCH MEMBERSHIP MAY BE EXERCISED BY SUCH OWNER IN PERSON OR BY A DULY AUTHORIZED REPRESENTATIVE, PROVIDED THAT THERE SHALL BE NO MORE THAN ONE VOTE FOR EACH MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS ELECT THE BOARD OF DIRECTORS AT AN ANNUAL MEMBERSHIP MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SALE OR TRANSFER OF LAND REQUIRES A TWO-THIRDS VOTE OF MEMBERS PRESENT AT A MEMBERSHIP MEETING TO BECOME EFFECTIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRESIDENT AND TREASURER REVIEW FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ANNUALLY ALL MEMBERS OF THE BOARD OF DIRECTORS MUST SIGN A STATEMENT AFFIR MING THAT THEY HAVE READ AND UNDERSTAND THE LAND TRUST'S CONFLICT OF INTER EST POLICY AND LISTING ANY POSSIBLE CONFLICTS OF INTEREST. THIS POLICY IS ENFORCED BY THE PRESIDENT OF THE LAND TRUST. IN ADDITION, BOARD MEMBERS RECUSE THEMSELVES FROM VOTING, AND IF APPROPRIATE FROM DISCUSSION IF A CONFLICT IS PRESENT.

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.38$0.05$1.33$0.51$0.06$0.45
2023Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.15$0.04$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.10$0.02$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.05$0.03$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.16$0.10$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.05$0.04$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$0.06$0.02$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.10$0.04$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.05$0.01$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.02$0.02$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.04$0.03$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.25$0.05$0.20
2012Summary only. Only limited summary data is available for this year.$0.38$0.00$0.04$0.02$0.02
2011Summary only. Only limited summary data is available for this year.$0.35$0.00$0.09$0.08$0.01