Civic Intelligence

Winnakee Land Trust Inc

EIN 14-1722963 • 501(c)3 • Rhinebeck, NY

Profile

The mission is the protection of natural, agricultural and scenic land resources. We hold and monitor land conservation easements, including parks & trails. We also provide expert consulting services to landowners, government agencies and other non-profit organizations on land preservation and management.

7 Livingston Street PO Box 610Rhinebeck, NY 12572

www.winnakee.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

14th percentile

0.01x

Higher debt load relative to assets than 14% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

15th percentile

0.03x

Higher debt load relative to revenue than 15% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

92nd percentile

61%

Higher net margin than 92% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

38th percentile

$152,381

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

84th percentile

22%

Faster asset growth than 84% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

335%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$13,826,398

Up $2,464,168 (+22%) from 2023

Liabilities

Up

$100,427

Up $49,435 (+97%) from 2023

Net Assets

Up

$13,725,971

Up $2,414,733 (+21%) from 2023

Revenue

Up

$3,866,693

Up $2,976,809 (+335%) from 2023

Expenses

Up

$1,501,960

Up $252,243 (+20%) from 2023

Net Income

Up

$2,364,733

Up $2,724,566 (+757%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2011: $571,071Liabilities 2011: $0Net Assets 2011: $571,0712011Assets 2012: $608,051Liabilities 2012: $0Net Assets 2012: $608,0512012Assets 2013: $688,692Liabilities 2013: $0Net Assets 2013: $688,6922013Assets 2014: $676,917Liabilities 2014: $0Net Assets 2014: $676,9172014Assets 2015: $737,790Liabilities 2015: $0Net Assets 2015: $737,7902015Assets 2016: $740,416Liabilities 2016: $0Net Assets 2016: $740,4162016Assets 2017: $820,904Liabilities 2017: $0Net Assets 2017: $820,9042017Assets 2018: $893,008Liabilities 2018: $0Net Assets 2018: $893,0082018Assets 2019: $1,002,329Liabilities 2019: $5,261Net Assets 2019: $997,0682019Assets 2020: $7,287,632Liabilities 2020: $928,492Net Assets 2020: $6,359,1402020Assets 2021: $8,474,811Liabilities 2021: $647,828Net Assets 2021: $7,826,9832021Assets 2022: $12,023,393Liabilities 2022: $346,322Net Assets 2022: $11,677,0712022Assets 2023: $11,362,230Liabilities 2023: $50,992Net Assets 2023: $11,311,2382023Assets 2024: $13,826,398Liabilities 2024: $100,427Net Assets 2024: $13,725,9712024

Highlighted filing

2024

Assets$13,826,398
Liabilities$100,427
Net Assets$13,725,971

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $168,7792011Revenue 2012: $199,773Expenses 2012: $162,793Net Income 2012: $36,9802012Revenue 2013: $280,305Expenses 2013: $199,664Net Income 2013: $80,6412013Revenue 2014: $204,285Expenses 2014: $216,060Net Income 2014: -$11,7752014Revenue 2015: $247,039Expenses 2015: $214,686Net Income 2015: $32,3532015Revenue 2016: $312,672Expenses 2016: $310,046Net Income 2016: $2,6262016Revenue 2017: $484,267Expenses 2017: $403,779Net Income 2017: $80,4882017Revenue 2018: $602,597Expenses 2018: $526,445Net Income 2018: $76,1522018Revenue 2019: $450,160Expenses 2019: $356,732Net Income 2019: $93,4282019Revenue 2020: $2,313,677Expenses 2020: $451,657Net Income 2020: $1,862,0202020Revenue 2021: $2,187,518Expenses 2021: $687,048Net Income 2021: $1,500,4702021Revenue 2022: $5,048,984Expenses 2022: $1,168,013Net Income 2022: $3,880,9712022Revenue 2023: $889,884Expenses 2023: $1,249,717Net Income 2023: -$359,8332023Revenue 2024: $3,866,693Expenses 2024: $1,501,960Net Income 2024: $2,364,7332024

Highlighted filing

2024

Revenue$3,866,693
Expenses$1,501,960
Net Income$2,364,733

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.8$0.10$13.7$3.87$1.50$2.36
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.4$0.05$11.3$0.89$1.25$0.36
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.0$0.35$11.7$5.05$1.17$3.88
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.47$0.65$7.83$2.19$0.69$1.50
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.29$0.93$6.36$2.31$0.45$1.86
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.01$1.00$0.45$0.36$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.00$0.89$0.60$0.53$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.00$0.82$0.48$0.40$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.00$0.74$0.31$0.31$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.25$0.21$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.20$0.22$0.01
2013Summary only. Only limited summary data is available for this year.$0.69$0.00$0.69$0.28$0.20$0.08
2012Summary only. Only limited summary data is available for this year.$0.61$0.00$0.61$0.20$0.16$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.00$0.57$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 28, 2025
Return Version
2024v5.0
Gross Receipts
$4,145,422
Mission and Program Overview

Mission

The mission is the protection of natural, agricultural and scenic land resources. We hold and monitor land conservation easements, including parks & trails. We also provide expert consulting services to landowners, government agencies and other non-profit organizations on land preservation and management.

To aid in the protection of natural, agricultural and scenic land resources. The organization holds and monitors land conservation easements, including parks & trails. They also provide expert consulting services to landowners, government agencies and other non-profit organizations on land preservation and management.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,537,549$11,382,752▲ $1,845,203
Savings and Temporary Cash Investments$1,090,610$1,141,878▲ $51,268
Pledges and Grants Receivable$499,852$551,845▲ $51,993
Cash and Non-Interest-Bearing Accounts$95,220$178,049▲ $82,829
Prepaid Expenses and Deferred Charges$18,159$19,474▲ $1,315
Accounts Receivable$1,800--
Total Assets$11,362,230$13,826,398▲ $2,464,168
Other Assets Total$119,040$552,400▲ $433,360
Liabilities
Accounts Payable and Accrued Expenses$48,592$100,427▲ $51,835
Other Liabilities$2,400--
Total Liabilities$50,992$100,427▲ $49,435
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,476,558$6,868,647▼ $607,911
Net Assets Without Donor Restrictions$3,834,680$6,857,324▲ $3,022,644
Total Net Assets Fund Balance$11,311,238$13,725,971▲ $2,414,733
Total Liabilities and Net Assets / Fund Balance$11,362,230$13,826,398▲ $2,464,168

Asset Categories

AssetBook ValueDepreciationBasis
Land$10,341,321-$10,341,321
Other Land Buildings$1,022,383$232,759$1,255,142
Equipment$10,315$44,976$55,291
Buildings$8,733$852$9,585
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert DavisExecutive DiFT$144,622$7,759$152,381
Robert DavisExecutive Director-$122,345$30,036$152,381
Jessica Humes-delgadoSr. DirectorFT$101,624$7,398$109,022

Board Members and Trustees

NameTitle
David PingChairperson
Samuel P PhelanVice Chair
Angela J Maier-loreBoard Member
Carl MeyerBoard Member
Charles JacobBoard Member
David KliphonBoard Member
David NewmanBoard Member
David SmithBoard Member
Eric SalzmanBoard Member
Kathleen DavisBoard Member
Mary Elizabeth Taylor WohlBoard Member
Rebecca TadikondaBoard Member
Sally MazzarellaPres. Emerit
Sarah OlsonSecretary
Christian MundigoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,587,914
Program Service Revenue
$0
Investment Income
$229,432
Other Revenue
$49,347
All Other Contributions
$3,413,927
Change in Net Assets
$2,364,733

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
Qualified Contrib Other1$495,000Appraised Value
Securities Publicly Traded9$117,923Fair Market Value
Other Non Cash Contri Table15$4,557Cost
Other Non Cash Contri Table2$2,250Cost
Food Inventory1$130Cost
Total Noncash Contributions28$619,860-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,866,693
Revenue Not Reported on Form 990
$13,368
Total Revenue per Audited Statements
$3,880,061
Total Revenue per Form 990
$3,866,693
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$756,872
Salaries, Compensation, and Employee Benefits$745,088
Total Fundraising Expense$178,387
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$284,859$49,269$85,385$419,513
Current Officers, Directors, Trustees, and Key Employees$177,816$30,094$53,494$261,404
Depreciation Depletion$79,084--$79,084
Office Expenses$11,276$44,341$7,065$62,682
Payroll Taxes$37,224$6,438$11,158$54,820
Occupancy$27,307$15,896$4,452$47,655
Fees for Services Accounting$6,777$15,987$5,351$28,115
Fees for Services Other$5,068$11,956$4,002$21,026
Insurance$3,962$14,059$-22$17,999
Other Employee Benefits$7,692$-1,466$3,125$9,351
Advertising$2,776$2,082-$4,858
Travel-$3,025-$3,025
Other Expenses$1,800$283$3,377$1,800
Total Functional Expenses$1,120,632$202,941$178,387$1,501,960

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,515,328
Expenses per Audited Statements$1,501,960
Total Expenses per Form 990$1,501,960
Expenses Not Reported on Form 990$13,368
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$9,202
Fundraising Gross Income$6,374
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Barn Tour$15,245$6,374$3,990$2,384
Full Moon Hike$5,757-$822-
Total Events$21,002$6,374$9,202$-2,828
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
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The executive director and treasurer work with the organization's cpa firm to complete the form 990. The completed form is then reviewed and approved by the finance committee, which includes the president of the board, ex officio member of the committee, and one of the form's signatories.

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

The organization has a conflict of interest policy in place which directors are required to sign annually. When a transaction, contract, or project of winnakee land trust involves an actual, potential, or perceived conflict of interest with a covered person, the board shall act as follows: 1. Document the existence and resolution of the conflict in the corporation's records, including in the minutes of any meeting at which the conflict was discussed or voted upon. 2. Approve such transaction, contract, or project only after making specific findings that: (i) the transaction, contract, or project is fair and benefits winnakee land trust and its objectives; and (ii) the board, or a committee of the board or the corporation authorized to do so, has considered alternatives to the extent available; (iii) the transaction, contract, project or decision is approved with the board's full knowledge of its financial or other benefit or detriment to the covered person who has the conflict of interest; and (iv) when the covered person is a director, the covered person did not participate in the vote approving the transaction, contract, project or decision that is the subject of conflict, and was absent both during discussion of the transaction, contract, project or decision and when the board voted on it. 3. A transaction, contract, project or decision involving a conflict may be approved only by a majority of the board as defined in the corporation's by-laws. The board shall contemporaneously document in writing the basis for the board or authorized committee's approval, including its consideration of any alternative transactions. 4. When warranted by the nature and magnitude of the conflict of interest, the board shall request that the conflicted member of the board, committee of the board or the corporation, or advisory committee resign.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Winnakee Land Trust Inc
EIN
14-1722963
Phone
8458764213
Address
7 LIVINGSTON STREET PO BOX 610, RHINEBECK, NY 12572

Signing Officer

Name
Robert Davis
Title
Executive Director
Phone
8458764213
Signed
2025-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Davis
Formed
1989
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
10
Volunteers
74

Preparer

Firm
Rbt Cpas Llp
Address
PO BOX 757 2215 ROUTE 9W, LAKE KATRINE, NY 12449
Preparer
Vincent J Buono CPA
Phone
8453367183
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To aid in the protection of natural, agricultural and scenic land resources. The organization holds and monitors land conservation easements, including parks & trails. They also provide expert consulting services to landowners, government agencies and other non-profit organizations on land preservation and management.

Form 990, Page 1, Part I, Line 6

Trail maintenance and creation, invasive species removal, general park and preserve maintenance.

Form 990, Part XI, Line 9

Direct fundraising expenses 9,202 direct fundraising expenses -9,202

Financial Statement Notes

Schedule D, Page 1, Part II, Line 9

Land donations are recorded as revenue on the income statement and fixed assets (land) on the balance sheet in the year in which they are contributed to the organization. Income from easement contracts is recognized as revenue on the income statement in the year in which cash payment is received.

Schedule D, Page 3, Part X

The trust files an annual form 990 as a tax exempt organization under section 501(c)(3) of the internal revenue code. As such, no federal or new york state taxes are paid by the trust. The trust has been classified as an entity that is not a private foundation within the meaning of section 509 (a) and qualifies for deductible contributions as provided in section 170 (b)(1)(a)(vi). The trust adopted the provisions of accounting principles generally accepted in the united states of america regarding accounting for uncertain tax positions. Management evaluated the trust's tax positions and concluded that the trust had taken no uncertain tax positions that would require adjustment to the financial statements in order to comply with the provisions of this guidance. With few exceptions, the trust is not subject to income tax examinations by the u.s. Federal, state or local tax authorities for fiscal years prior to 2021.

Schedule D, Page 4, Part XI, Line 2D

Direct fundraising expenses 9,202

Schedule D, Page 4, Part XII, Line 2D

Direct fundraising expenses 9,202

Raw XML AppendixShowing 400 of 597 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.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SCHEDULE A, PART II, SECTION A, LINE 1 "UNUSUAL GRANTS": DURING 2022 THE ORGANIZATION RECEIVED CONTRIBUTIONS IN THE AMOUNT OF 3,000,000 AND 500,000. THE CONTRIBUTION OF 3,000,000 WAS IN SUPPORT OF THE AQUISITION, RESTORATION AND LONG-TERM INVESTMENT OF A SPECIFIC PROPERTY. THE CONTRIBUTION WAS DEEMED TO BE AN UNUSUAL GRANT AS THE SIZE OF THE CONTRIBUTION WOULD ENDANGER THE ORGANIZATION'S PUBLIC SUPPORT PERCENTAGE, AND THE GRANT WAS MADE AS A ONE-TIME DONATION. THE CONTRIBUTION OF 500,000 WAS IN SUPPORT OF HIRING A STEWARDSHIP MANAGER AND IS ALSO A ONE-TIME DONATION WHICH WOULD BE A DETRIMENT TO THE PUBLIC SUPPORT PERCENTAGE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPLEMENTAL INFORMATION
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