Civic Intelligence

Equity Trust Inc.

990 • Fiscal year 2023 • EIN 06-1337421

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 01, 2024

Organization ProfileEQUITYTRUST.ORG
PO Box 746Amherst, MA 01004

(413) 256-6161

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$6,582,486

Flat from 2023

Net Assets

Flat

$2,225,164

Flat from 2023

Liabilities

Flat

$4,357,322

Flat from 2023

Revenue And Expenses

Revenue

Flat

$595,867

Flat from 2023

Expenses

Flat

$382,373

Flat from 2023

Net Income

Flat

$213,494

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $2,516,166Liabilities 2010: $1,696,714Net Assets 2010: $819,4522010Assets 2011: $2,665,450Liabilities 2011: $1,899,039Net Assets 2011: $766,4112011Assets 2012: $2,902,778Liabilities 2012: $2,162,350Net Assets 2012: $740,4282012Assets 2013: $4,168,679Liabilities 2013: $2,404,206Net Assets 2013: $1,764,4732013Assets 2014: $5,386,728Liabilities 2014: $3,624,352Net Assets 2014: $1,762,3762014Assets 2015: $6,751,610Liabilities 2015: $4,941,394Net Assets 2015: $1,810,2162015Assets 2016: $8,101,452Liabilities 2016: $6,299,532Net Assets 2016: $1,801,9202016Assets 2017: $9,052,442Liabilities 2017: $6,568,667Net Assets 2017: $2,483,7752017Assets 2018: $9,139,131Liabilities 2018: $6,472,807Net Assets 2018: $2,666,3242018Assets 2019: $6,494,144Liabilities 2019: $4,600,147Net Assets 2019: $1,893,9972019Assets 2020: $6,115,136Liabilities 2020: $4,587,866Net Assets 2020: $1,527,2702020Assets 2021: $6,214,619Liabilities 2021: $4,411,290Net Assets 2021: $1,803,3292021Assets 2022: $6,434,499Liabilities 2022: $4,422,829Net Assets 2022: $2,011,6702022Assets 2023: $6,582,486Liabilities 2023: $4,357,322Net Assets 2023: $2,225,1642023Assets 2023: $6,582,486Liabilities 2023: $4,357,322Net Assets 2023: $2,225,1642023Assets 2024: $6,734,675Liabilities 2024: $4,411,243Net Assets 2024: $2,323,4322024

Highlighted filing

2023

Assets$6,582,486
Liabilities$4,357,322
Net Assets$2,225,164
Open 2023 Filing

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2010: $203,587Expenses 2010: $241,434Net Income 2010: -$37,8472010Expenses 2011: $183,5812011Expenses 2012: $190,0362012Revenue 2013: $1,284,713Expenses 2013: $260,668Net Income 2013: $1,024,0452013Revenue 2014: $328,697Expenses 2014: $330,794Net Income 2014: -$2,0972014Revenue 2015: $408,457Expenses 2015: $360,617Net Income 2015: $47,8402015Revenue 2016: $602,450Expenses 2016: $610,746Net Income 2016: -$8,2962016Revenue 2017: $1,005,450Expenses 2017: $323,595Net Income 2017: $681,8552017Revenue 2018: $1,182,504Expenses 2018: $999,955Net Income 2018: $182,5492018Revenue 2019: $464,543Expenses 2019: $1,236,870Net Income 2019: -$772,3272019Revenue 2020: $383,866Expenses 2020: $750,593Net Income 2020: -$366,7272020Revenue 2021: $589,639Expenses 2021: $313,580Net Income 2021: $276,0592021Revenue 2022: $420,144Expenses 2022: $211,803Net Income 2022: $208,3412022Revenue 2023: $595,867Expenses 2023: $382,373Net Income 2023: $213,4942023Revenue 2023: $595,867Expenses 2023: $382,373Net Income 2023: $213,4942023Revenue 2024: $450,097Expenses 2024: $351,829Net Income 2024: $98,2682024

Highlighted filing

2023

Revenue$595,867
Expenses$382,373
Net Income$213,494
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 1, 2024
Return Version
2023v5.1
Gross Receipts
$595,867
Mission and Program Overview

Mission

To promote and provide access to land, housing, capital, and employment opportunities for disadvantaged and low-income people; to promote the conservation of land and natural resources; and related charitable and educational purposes.

To promote economic and social justice through equitable access to land and capital.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,341,813$2,967,450▼ $374,363
Other Notes and Loans Receivable, Net$2,394,773$2,739,557▲ $344,784
Investments Program Related$397,342$548,542▲ $151,200
Investments Other Securities$254,984$257,152▲ $2,168
Cash and Non-Interest-Bearing Accounts$22,935$32,718▲ $9,783
Accounts Receivable$15,268$24,198▲ $8,930
Pledges and Grants Receivable$6,850$12,392▲ $5,542
Total Assets$6,434,499$6,582,486▲ $147,987
Other Assets Total$534$477▼ $57
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,394,453$4,325,456▼ $68,997
Accounts Payable and Accrued Expenses$19,972$23,570▲ $3,598
Other Liabilities$8,404$8,296▼ $108
Total Liabilities$4,422,829$4,357,322▼ $65,507
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,590,322$1,661,767▲ $71,445
Net Assets Without Donor Restrictions$421,348$563,397▲ $142,049
Total Net Assets Fund Balance$2,011,670$2,225,164▲ $213,494
Total Liabilities and Net Assets / Fund Balance$6,434,499$6,582,486▲ $147,987

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$548,542--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
James OldhamExecutive DirectorFT$64,164$64,164

Board Members and Trustees

NameTitle
Scott ReedPresident
Jody BolluytVice President
Michael WallaceDirector
Russ FoxDirector
Madeline MillerClerk
Daniel RosenbergTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$439,713
Program Service Revenue
$136,179
Investment Income
$19,975
Other Revenue
$0
All Other Contributions
$439,713
Change in Net Assets
$213,494

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other3$151,200Fair Market Value (FMV)
Total Noncash Contributions3$151,200-

Audited Revenue Reconciliation

Revenue per Audited Statements
$595,867
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$6,207
Total Revenue per Audited Statements
$602,074
Total Revenue per Form 990
$595,867
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$237,521
Salaries, Compensation, and Employee Benefits$144,852
Total Fundraising Expense$3,725
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$51,446$11,961$51$63,458
Current Officers, Directors, Trustees, and Key Employees$54,079$6,218$2,637$62,934
Interest$56,451--$56,451
Fees for Services Other$12,065--$12,065
Payroll Taxes$9,055$1,560$231$10,846
Occupancy$8,516$1,467$217$10,200
Fees for Services Accounting-$8,900-$8,900
Office Expenses$4,832$1,641$427$6,900
Other Employee Benefits$3,191$550$81$3,822
Pension Plan Contributions$3,166$545$81$3,792
Insurance$378$3,109-$3,487
Travel$377--$377
Other Expenses$238$0-$238
Total Functional Expenses$342,697$35,951$3,725$382,373

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$388,580
Expenses per Audited Statements$382,373
Total Expenses per Form 990$382,373
Expenses Not Reported on Form 990$6,207
Expenses Not Reported on Financial Statements$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held for Others$8,296
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Staff provides all information for outside accountant to prepare audited financial statements. Staff reviews and forwards to board for approval. Outside accountant, with staff input, prepares form 990 and relevant state returns based on audited financial statements. Staff reviews and forwards to board for approval.”

Form 990, Part VI, Section B, Line 12C

“Board members sign off on the conflict of interest policy annualy and identify any potential conflicts.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Equity Trust Inc
EIN
06-1337421
Phone
4132566161
Address
PO BOX 746, AMHERST, MA 01004

Signing Officer

Name
James Oldham
Title
Executive Director
Phone
4132566161
Signed
2024-07-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Oldham
Formed
1991
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
6
Employees
3
Volunteers
9

Preparer

Firm
Boisselle Morton & Wolkowicz Llp
Address
48 BAY ROAD PO BOX 374, HADLEY, MA 01035
Preparer
Joseph P Wolkowicz CPA
Phone
4135870099
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The board of directors assumes responsibility for oversight of the audit of its financial statements and selection of an independent auditor. This process has not changed during the year.”

Financial Statement Notes

PART II, LINE 9:

“Conservation easements are acquired through donation or purchased at appraised value, but are carried as an asset on the books at $1, since they are considered to have no market value.”

Raw XML AppendixShowing 400 of 467 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt019972
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt023570
IRS990/AccountsReceivableGrp/BOYAmt015268
IRS990/AccountsReceivableGrp/EOYAmt024198
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE ECONOMIC AND SOCIAL JUSTICE THROUGH EQUITABLE ACCESS TO LAND AND CAPITAL.
IRS990/AllOtherContributionsAmt0439713
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JAMES OLDHAM
IRS990/BooksInCareOfDetail/PhoneNum04132566161
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 746
IRS990/BooksInCareOfDetail/USAddress/CityNm0AMHERST
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001004
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt022935
IRS990/CashNonInterestBearingGrp/EOYAmt032718
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt02637
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt06218
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt054079
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt062934
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd01
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0439713
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt019975
IRS990/CYOtherExpensesAmt0237521
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0136179
IRS990/CYRevenuesLessExpensesAmt0213494
IRS990/CYSalariesCompEmpBnftPaidAmt0144852
IRS990/CYTotalExpensesAmt0382373
IRS990/CYTotalFundraisingExpenseAmt03725
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0595867
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0EQUITY TRUST FUND: ENABLING SOCIALLY CONSCIOUS LENDERS AND DONORS TO SUPPORT THE PRESERVATION OF AFFORDABLE WORKING FARMS, THE DEVELOPMENT OF AFFORDABLE HOUSING, AND THE IMPLEMENTATION OF OTHER SOCIALLY BENEFICIAL AND ENVIRONMENTALLY SUSTAINABLE PROJECTS. THE FUND ADDED FIVE NEW PROJECTS IN 2023. THE CURRENT PORFOLIO AS OF THE END OF THE YEAR INCLUDED THIRTY-FOUR PROJECTS REPRESENTING THE FULL RANGE OF THE FUND'S MISSION.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01590322
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01661767
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0237933
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08900
IRS990/FeesForServicesAccountingGrp/TotalAmt08900
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt012065
IRS990/FeesForServicesOtherGrp/TotalAmt012065
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0RUSS FOX
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL WALLACE
IRS990/Form990PartVIISectionAGrp/PersonNm2SCOTT REED
IRS990/Form990PartVIISectionAGrp/PersonNm3JODY BOLLUYT
IRS990/Form990PartVIISectionAGrp/PersonNm4DANIEL ROSENBERG
IRS990/Form990PartVIISectionAGrp/PersonNm5MADELINE MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm6JAMES OLDHAM
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt664164
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0595867
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03109
IRS990/InsuranceGrp/ProgramServicesAmt0378
IRS990/InsuranceGrp/TotalAmt03487
IRS990/InterestGrp/ProgramServicesAmt056451
IRS990/InterestGrp/TotalAmt056451
IRS990/InvestmentIncomeGrp/ExclusionAmt019975
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt019975
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0254984
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0257152
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0397342
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0548542
IRS990/IRPDocumentCnt074
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE AND PROVIDE ACCESS TO LAND, HOUSING, CAPITAL, AND ECONOMIC OPPORTUNITIES FOR DISADVANTAGED AND LOW-INCOME PEOPLE; TO PROMOTE THE CONSERVATION OF LAND AND NATURAL RESOURCES; AND RELATED CHARITABLE AND EDUCATIONAL PURPOSES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04394453
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04325456
IRS990/NetAssetsOrFundBalancesBOYAmt02011670
IRS990/NetAssetsOrFundBalancesEOYAmt02225164
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0421348
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0563397
IRS990/NoncashContributionsAmt0151200
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0217
IRS990/OccupancyGrp/ManagementAndGeneralAmt01467
IRS990/OccupancyGrp/ProgramServicesAmt08516
IRS990/OccupancyGrp/TotalAmt010200
IRS990/OfficeExpensesGrp/FundraisingAmt0427
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01641
IRS990/OfficeExpensesGrp/ProgramServicesAmt04832
IRS990/OfficeExpensesGrp/TotalAmt06900
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0534
IRS990/OtherAssetsTotalGrp/EOYAmt0477
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt081
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0550
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03191
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03822
IRS990/OtherExpensesGrp/Desc0PROV FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1PROPERTY COSTS
IRS990/OtherExpensesGrp/Desc2OUTREACH
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt0136032
IRS990/OtherExpensesGrp/ProgramServicesAmt12871
IRS990/OtherExpensesGrp/ProgramServicesAmt2238
IRS990/OtherExpensesGrp/TotalAmt0136032
IRS990/OtherExpensesGrp/TotalAmt12871
IRS990/OtherExpensesGrp/TotalAmt2238
IRS990/OtherLiabilitiesGrp/BOYAmt08404
IRS990/OtherLiabilitiesGrp/EOYAmt08296
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt051
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt011961
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt051446
IRS990/OtherSalariesAndWagesGrp/TotalAmt063458
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02394773
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02739557
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0231
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01560
IRS990/PayrollTaxesGrp/ProgramServicesAmt09055
IRS990/PayrollTaxesGrp/TotalAmt010846
IRS990/PensionPlanContributionsGrp/FundraisingAmt081
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0545
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03166
IRS990/PensionPlanContributionsGrp/TotalAmt03792
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt06850
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt012392
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JAMES OLDHAM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST FROM LOANS
IRS990/ProgramServiceRevenueGrp/Desc1TECHNICAL ASSISTANCE
IRS990/ProgramServiceRevenueGrp/Desc2PROPERTY REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt092198
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt140116
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23865
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt092198
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt140116
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23865
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION AND TECHNICAL ASSISTANCE TO PROMOTE THE ESTABLISHMENT AND SUSTAINABILITY OF ENVIRONMENTALLY SOUND FARMS THAT BENEFIT THEIR LOCAL COMMUNITIES. SUPPORT ACCESS TO FARMLAND FOR HISTORICALLY MARGINALIZED PEOPLE AND COMMUNITIES AND THE PERMANENT PROTECTION OF FARMLAND AND FARM INFRASTRUCTURE AND THEIR AFFORDABILITY FOR WORKING FARMERS. IN 2023, EQUITY TRUST'S WORK FOCUSED ON FARM LAND ACCESS FOR FARM WORKERS AND IMMIGRANT FARMERS; GUIDANCE TO LAND TRUSTS AND LAND OWNERS ON INNOVATIVE STRATEGIES FOR PROTECTING AND STEWARDING WORKING FARMS; AND RESPONDING TO ASSISTANCE REQUESTS FROM COMMUNITY GROUPS, FARMERS, LAND OWNERS, AND LAND TRUSTS FROM AROUND THE COUNTRY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt051783
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt039576
IRS990/ProgSrvcAccomActy3Grp/Desc0EDUCATION AND TECHNICAL ASSISTANCE TO EXISTING AND EMERGING COMMUNITY LAND TRUSTS WITH A MISSION TO HOLD AND STEWARD LAND FOR PERMANENTLY AFFORDABLE HOUSING, FOOD PRODUCTION, LOCAL ENTERPRISES, AND/OR COMMUNITY SPACE; SUPPORT FOR GROUPS ENGAGED IN DEVELOPMENT OF COMPLEMENTARY STRATEGIES FOR COMMUNITY STEWARDSHIP OF LAND AND PROPERTY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt028667
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROPERTY STEWARDSHIP: EQUITY TRUST OWNS AND STEWARDS PERMANENTLY PRESERVED AND AFFORDABLE FARM PROPERTIES IN NEW YORK AND NEW HAMPSHIRE, HOLDS CONSERVATION EASEMENTS PERMANENTLY PROTECTING FARM PROPERTIES IN CALIFORNIA AND MASSACHUSETTS, AND SUPPORTS AFFORDABLE HOUSING BY STEWARDING LAND AND HOLDING AFFORDABILITY RESTRICTIONS IN MASSACHUSETTS AND CONNECTICUT.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt024314
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt03865
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0313031
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt08700
IRS990/PYOtherExpensesAmt098642
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt098413
IRS990/PYRevenuesLessExpensesAmt0208341
IRS990/PYSalariesCompEmpBnftPaidAmt0113161
IRS990/PYTotalExpensesAmt0211803
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0420144
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0213494
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt092738
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03341813
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02967450
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0439713
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0313031
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0463688
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0292095
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0124239
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01632766
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt019975
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt08700
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt07632
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt015264
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt028158
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt079729
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.44120
IRS990ScheduleA/PublicSupportPY170Pct00.48170
IRS990ScheduleA/PublicSupportTotal170Amt0755516
IRS990ScheduleA/SubstantialContributorsTotAmt0877250
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0439713
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0313031
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0463688
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0292095
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0124239
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01632766
IRS990ScheduleA/TotalSupportAmt01712495
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt06207
IRS990ScheduleD/DonatedServicesUseFcltsAmt06207
IRS990ScheduleD/ExpensesNotReportedAmt06207
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0382373
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0548542
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0DONATED AND ACQUIRED REAL PROPERTY
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08296
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FUNDS HELD FOR OTHERS
IRS990ScheduleD/PreservationOpenSpaceInd0X
IRS990ScheduleD/RevenueNotReportedAmt06207
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0595867
IRS990ScheduleD/StaffHoursSpentEnforcementCnt010.00
IRS990ScheduleD/StatesEasementsHeldCnt02
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CONSERVATION EASEMENTS ARE ACQUIRED THROUGH DONATION OR PURCHASED AT APPRAISED VALUE, BUT ARE CARRIED AS AN ASSET ON THE BOOKS AT $1, SINCE THEY ARE CONSIDERED TO HAVE NO MARKET VALUE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II, LINE 9:
IRS990ScheduleD/TotalAcreageCnt0105.32
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt0548542
IRS990ScheduleD/TotalEasementsCnt03
IRS990ScheduleD/TotalExpensesPerForm990Amt0382373
IRS990ScheduleD/TotalLiabilityAmt08296
IRS990ScheduleD/TotalRevenuePerForm990Amt0595867
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0602074
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0388580
IRS990ScheduleD/WrittenPolicyMonitoringInd01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt03
IRS990ScheduleM/RealEstateOtherGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt0151200
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STAFF PROVIDES ALL INFORMATION FOR OUTSIDE ACCOUNTANT TO PREPARE AUDITED FINANCIAL STATEMENTS. STAFF REVIEWS AND FORWARDS TO BOARD FOR APPROVAL. OUTSIDE ACCOUNTANT, WITH STAFF INPUT, PREPARES FORM 990 AND RELEVANT STATE RETURNS BASED ON AUDITED FINANCIAL STATEMENTS. STAFF REVIEWS AND FORWARDS TO BOARD FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS SIGN OFF ON THE CONFLICT OF INTEREST POLICY ANNUALY AND IDENTIFY ANY POTENTIAL CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0EQUITY TRUST INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0EQUITY TRUST HUDSON VALLEY FARM AFFORDABILITY FUND LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0464682444
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0802462
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0TO CONSERVE WORKING FARMS IN THE HUDSON VALLEY, NY
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt025612
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0PO BOX 746
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0AMHERST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd001004
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/StatesWhereCopyOfReturnIsFldCd1MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06434499
IRS990/TotalAssetsEOYAmt06582486
IRS990/TotalAssetsGrp/BOYAmt06434499
IRS990/TotalAssetsGrp/EOYAmt06582486
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0439713
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03725
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt035951
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0342697
IRS990/TotalFunctionalExpensesGrp/TotalAmt0382373
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04422829

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,582,486
Liabilities
$4,357,322
Net assets
$2,225,164
Revenue
$595,867
Expenses
$382,373
Net income
$213,494
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.73$4.41$2.32$0.45$0.35$0.10
2023Detailed filing. Detailed filing data is available for this year.$6.58$4.36$2.23$0.60$0.38$0.21
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.58$4.36$2.23$0.60$0.38$0.21
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.43$4.42$2.01$0.42$0.21$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.21$4.41$1.80$0.59$0.31$0.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.12$4.59$1.53$0.38$0.75$0.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.49$4.60$1.89$0.46$1.24$0.77
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.14$6.47$2.67$1.18$1.00$0.18
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.05$6.57$2.48$1.01$0.32$0.68
2016Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$8.10$6.30$1.80$0.60$0.61$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.75$4.94$1.81$0.41$0.36$0.05
2014Detailed filing. Detailed filing data is available for this year.$5.39$3.62$1.76$0.33$0.33$0.00
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.17$2.40$1.76$1.28$0.26$1.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.90$2.16$0.74$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.67$1.90$0.77$0.18
2010Summary only. Only limited summary data is available for this year.$2.52$1.70$0.82$0.20$0.24$0.04