VINALHAVEN LAND TRUST INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- VINALHAVEN LAND TRUST INC (EIN 01-0416936)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-10-10
- IRS object ID
- 202542839349301039
- Schema version
- 2024v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-10-10T12:14:07-04:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 020466387 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MURPHY POWERS & WILSON CPAS PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 MERRILL INDUSTRIAL DR UNIT 1 | AddressLine1Txt |
| City | HAMPTON | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03842 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010416936 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VINALHAVEN LAND TRUST INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VINA | BusinessNameControlTxt |
| Phone | 2078632543 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 268 | AddressLine1Txt |
| City | VINALHAVEN | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 048630268 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH SWAIN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2078632543 | PhoneNum |
| Signature | 2025-07-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL J MURPHY | PreparerPersonNm |
| PTIN | P00291869 | PTIN |
| Phone | 6039268063 | PhoneNum |
| Preparation | 2025-07-21 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ELIZABETH SWAIN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 268 | AddressLine1Txt |
| City | VINALHAVEN | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 048630268 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $755,328 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.VINALHAVENLANDTRUST.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1986 | FormationYr |
| Legal Domicile State | ME | LegalDomicileStateCd |
| Activity Or Mission | VINALHAVEN LAND TRUST CONSERVES AND STEWARDS OUR ISLAND'S IMPORTANT NATURAL, RECREATIONAL, AND AGRICULTURAL RESOURCES, INCLUDING SCENIC AND OTHER TRADITIONALLY VALUED PLACES, FOR THE BENEFIT AND ENJOYMENT OF THE ENTIRE VINALHAVEN COMMUNITY. THROUGH EDUCATION AND ENGAGEMENT, VLT SEEKS TO ADVANCE UNDERSTANDING AND APPRECIATION OF THE NATURAL WORLD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 5 | TotalEmployeeCnt |
| Total Volunteers | 119 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $271,644 | PYContributionsGrantsAmt |
| CY Contributions Grants | $382,127 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $118,467 | PYInvestmentIncomeAmt |
| CY Investment Income | $137,036 | CYInvestmentIncomeAmt |
| PY Other Revenue | $4,451 | PYOtherRevenueAmt |
| CY Other Revenue | $3,664 | CYOtherRevenueAmt |
| PY Total Revenue | $394,562 | PYTotalRevenueAmt |
| CY Total Revenue | $522,827 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $205,190 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $226,618 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $18,209 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $142,536 | PYOtherExpensesAmt |
| CY Other Expenses | $147,664 | CYOtherExpensesAmt |
| PY Total Expenses | $347,726 | PYTotalExpensesAmt |
| CY Total Expenses | $374,282 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $46,836 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $148,545 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $9,130,759 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,429,728 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $5,916 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,363 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $9,124,843 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $9,425,365 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | VINALHAVEN LAND TRUST PROMOTES THE CONSERVATION OF OUR ISLAND'S SIGNIFICANT PLANT AND WILDLIFE HABITAT, OUR WATER RESOURCES, AND SCENIC OR HISTORIC SPACES IN ORDER TO PRESERVE THE TRADITIONAL CHARACTER OF THE COMMUNITY FOR GENERATIONS TO COME. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $141,659 | ExpenseAmt |
| Desc | VINALHAVEN LAND TRUST CONTINUES TO PROVIDE STEWARDSHIP TO PROPERTIES THAT IT HAS UNDER EASEMENT OR OWNS OUTRIGHT AS ITS PRIMARY PURPOSE. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $93,802 | ExpenseAmt |
| Desc | THE LAND TRUST PROVIDED PROGRAMS TO THE COMMUNITY THROUGH ENVIRONMENTAL EDUCATION PROGRAMS AT THE SCHOOL AND A YEAR-ROUND WALKS AND TALKS PROGRAM, OPEN TO ALL AT NO CHARGE. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $235,461 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | Yes (true) | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 2 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 5 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH SWAIN | PersonNm |
| Phone | 2078632543 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 268 | AddressLine1Txt |
| City | VINALHAVEN | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04863 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| ANDREA HOGAN | ||||||
| EXECUTIVE DI | 40.00 | Yes (X) | Yes (X) | $82,177 | $0 | $0 |
| TORIA BRETT | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| HILLARY BUNKER | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| ART CARPENTER | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| ERIC DAVIS | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| CLAUDIA DENGLER | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| JOSHUE ECKELS | ||||||
| SECRETARY | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BETH GILFORD | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| BEN ISELIN | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| LEVIN CAMPBELL JR | ||||||
| FORMER TRUST | 0.50 | Yes (X) | $0 | $0 | $0 | |
| CAY KENDRICK | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| LUCY MCCARTHY | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| MOLLY MILLER | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| HANNAH NOYES | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| KEELEY PHILBROOK | ||||||
| TRUSTEE | 0.50 | Yes (X) | $0 | $0 | $0 | |
| MARJORIE STRATTON | ||||||
| FORMER TRUST | 0.50 | Yes (X) | $0 | $0 | $0 | |
| ELIZABETH SWAIN | ||||||
| PRESIDENT | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| YVONNE THOMAS | ||||||
| VICE PRESIDE | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MARK TOLETTE | ||||||
| TREASURER | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $82,177 | TotalReportableCompFromOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Membership Dues | $17,650 | MembershipDuesAmt |
| All Other Contributions | $364,477 | AllOtherContributionsAmt |
| Noncash Contributions | $1,062 | NoncashContributionsAmt |
| Total Contributions | $382,127 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $72,450 | TotalRevenueColumnAmt |
| Exclusion | $72,450 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $297,087 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $232,501 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $64,586 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $64,586 | TotalRevenueColumnAmt |
| Exclusion | $64,586 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $3,219 | GrossSalesOfInventoryAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,219 | TotalRevenueColumnAmt |
| Exclusion | $3,219 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Total Revenue Column | $445 | TotalRevenueColumnAmt |
| Exclusion | $445 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $445 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $522,827 | TotalRevenueColumnAmt |
| Exclusion | $140,700 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,177 | TotalAmt |
| Program Services | $45,197 | ProgramServicesAmt |
| Management And General | $32,871 | ManagementAndGeneralAmt |
| Fundraising | $4,109 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $127,944 | TotalAmt |
| Program Services | $78,774 | ProgramServicesAmt |
| Management And General | $42,773 | ManagementAndGeneralAmt |
| Fundraising | $6,397 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,497 | TotalAmt |
| Program Services | $9,733 | ProgramServicesAmt |
| Management And General | $5,939 | ManagementAndGeneralAmt |
| Fundraising | $825 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $585 | TotalAmt |
| Management And General | $585 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,500 | TotalAmt |
| Management And General | $4,500 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,965 | TotalAmt |
| Program Services | $21,572 | ProgramServicesAmt |
| Management And General | $5,393 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,583 | TotalAmt |
| Program Services | $5,686 | ProgramServicesAmt |
| Management And General | $9,034 | ManagementAndGeneralAmt |
| Fundraising | $4,863 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,410 | TotalAmt |
| Program Services | $3,782 | ProgramServicesAmt |
| Management And General | $2,308 | ManagementAndGeneralAmt |
| Fundraising | $320 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,234 | TotalAmt |
| Program Services | $3,088 | ProgramServicesAmt |
| Management And General | $1,884 | ManagementAndGeneralAmt |
| Fundraising | $262 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,350 | TotalAmt |
| Management And General | $7,350 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,119 | TotalAmt |
| Program Services | $7,808 | ProgramServicesAmt |
| Management And General | $2,907 | ManagementAndGeneralAmt |
| Fundraising | $404 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| COMMITTEE EXPENSES | $38,212 | $36,577 | $1,065 | $570 |
| PAYMENTS IN LIEU OF TAXES | $13,926 | $13,230 | $696 | |
| REPAIRS & MAINTENANCE | $4,593 | $4,593 | ||
| DUES & MEMBERSHIPS | $4,400 | $2,596 | $1,584 | $220 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,787 | TotalAmt |
| Program Services | $2,825 | ProgramServicesAmt |
| Management And General | $1,723 | ManagementAndGeneralAmt |
| Fundraising | $239 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $374,282 | TotalAmt |
| Program Services | $235,461 | ProgramServicesAmt |
| Management And General | $120,612 | ManagementAndGeneralAmt |
| Fundraising | $18,209 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $264,609 | BOYAmt |
| EOY | $366,977 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,360 | BOYAmt |
| EOY | $2,684 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $5,824,066 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $163,653 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,667,763 | BOYAmt |
| EOY | $5,660,413 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,193,027 | BOYAmt |
| EOY | $3,399,654 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,130,759 | BOYAmt |
| EOY | $9,429,728 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,696 | BOYAmt |
| EOY | $4,263 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $220 | BOYAmt |
| EOY | $100 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,916 | BOYAmt |
| EOY | $4,363 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $902,342 | BOYAmt |
| EOY | $1,233,072 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,222,501 | BOYAmt |
| EOY | $8,192,293 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,124,843 | BOYAmt |
| EOY | $9,425,365 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,130,759 | BOYAmt |
| EOY | $9,429,728 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $148,545 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $151,977 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (true) | AccountantCompileOrReviewInd |
Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | false | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,885,825 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $361,081 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $569,812 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $271,644 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $382,127 | CurrentTaxYearAmt |
| Total | $3,470,489 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,448 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,773 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,247 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,451 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,664 | CurrentTaxYearAmt |
| Total | $30,583 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,891,273 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $369,854 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $578,059 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $276,095 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $385,791 | CurrentTaxYearAmt |
| Total | $3,501,072 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $3,501,072 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $35,003 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $35,486 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $51,704 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $64,445 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $72,450 | CurrentTaxYearAmt |
| Total | $259,088 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $35,003 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $35,486 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $51,704 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $64,445 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $72,450 | CurrentTaxYearAmt |
| Total | $259,088 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,926,276 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $405,340 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $629,763 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $340,540 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $458,241 | CurrentTaxYearAmt |
| Total | $3,760,160 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.93110 | PublicSupportCY509Pct |
| Public Support PY509 | 0.93710 | PublicSupportPY509Pct |
| Investment Income CY | 0.07000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.06000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preservation Public Use | Yes (X) | PreservationPublicUseInd |
| Protection Natural Habitat | Yes (X) | ProtectionNaturalHabitatInd |
| Preservation Open Space | Yes (X) | PreservationOpenSpaceInd |
| Total Easements | 44 | TotalEasementsCnt |
| Total Acreage | 1291.00 | TotalAcreageCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | Yes (true) | WrittenPolicyMonitoringInd |
| Staff Hours Spent Enforcement | 686.00 | StaffHoursSpentEnforcementCnt |
| Expenses Incurred Enforcement | $9,707 | ExpensesIncurredEnforcementAmt |
| Section170h Rqr Stsfd | false | Section170hRqrStsfdInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,309,574 | BeginningYearBalanceAmt |
| Contributions | $52,500 | ContributionsAmt |
| Investment Earnings Or Losses | $115,856 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $30,927 | OtherExpendituresAmt |
| End Year Balance | $1,447,003 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,215,926 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $112,608 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $18,960 | OtherExpendituresAmt |
| End Year Balance | $1,309,574 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,118,207 | BeginningYearBalanceAmt |
| Contributions | $162,008 | ContributionsAmt |
| Investment Earnings Or Losses | -$64,289 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,215,926 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,019,697 | BeginningYearBalanceAmt |
| Contributions | $50,172 | ContributionsAmt |
| Investment Earnings Or Losses | $48,338 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,118,207 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $974,351 | BeginningYearBalanceAmt |
| Contributions | $40,000 | ContributionsAmt |
| Investment Earnings Or Losses | $17,438 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $12,092 | OtherExpendituresAmt |
| End Year Balance | $1,019,697 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.56860 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.43140 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,505,774 | OtherCostOrOtherBasisAmt |
| Book Value | $5,505,774 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $299,166 | OtherCostOrOtherBasisAmt |
| Depreciation | $145,906 | DepreciationAmt |
| Book Value | $153,260 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $19,126 | OtherCostOrOtherBasisAmt |
| Depreciation | $17,747 | DepreciationAmt |
| Book Value | $1,379 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,660,413 | TotalBookValueLandBuildingsAmt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 1, PART II, LINE 5 | THE LAND TRUST HAS A WRITTEN POLICY FOR THE MONITORING, INSPECTING, HANDLING OF VIOLATIONS, AND ENFORCING OF EASMENTS THAT IT HOLDS. |
| SCHEDULE D, PAGE 1, PART II, LINE 9 | THE LAND TRUST DOES NOT REPORT THE CONTRIBUTION OF CONSERVATION EASEMENTS IN ITS STATEMENT OF ACTIVITIES. CONSERVATION LAND OWNED BY THE LAND TRUST IS RECORDED AT COST WHEN PURCHASED, OR AT FAIR MARKET VALUE IF DONATED. CONSERVATION EASEMENTS DONATED TO THE LAND TRUST ARE NOT RECORDED ON THE BALANCE SHEET. AT THIS POINT THE LAND TRUST HAS NOT PAID FOR ANY CONSERVATION EASEMENTS. |
| SCHEDULE D, PAGE 2, PART V, LINE 4 | THE FLYNN ENDOWMENT FUND IS A PERMANENTLY RESTRICTED FUND, EARNINGS FROM WHICH ARE TO BE USED FOR THE LAND TRUST'S MISSION; THE SALTONSTALL-BYRD FUND IS A PERMANENTLY RESTRICTED FUND, EARNINGS FROM WHICH ARE TO BE USED TO DISCHARGE THE COSTS OF STEWARDSHIP FOR THE PROTECTED LANDS BORDERING PERRY CREEK FIRST, TO PROVIDE ENVIRONMENTAL EDUCATIONAL PRGOGRAMS, SECOND AND LASTLY FOR THE STEWARSHIP OF OTHER LAND TRUST PROPERTIES; THE OPERATING ENDOWMENT FUND IS A PERMANENTLY RESTRICTED FUND, EARNINGS FROM WHICH ARE TO BE USED FOR ANNUAL OPERATING EXPENSES; THE ANCHOR FUND IS A BOARD DESIGNATED FUND, USED TO GENERATE INCOME FOR OPERATING NEEDS, PROVIDE THE BOARD WITH FLEXIBILITY TO MEET CAPITAL NEEDS, AND TO REASSURE DONORS FUNDS ARE BEING USED TO FURTHER THE LAND TRUST'S CORE MISSION. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | VINALHAVEN LAND TRUST PROMOTES THE CONSERVATION OF OUR ISLAND'S SIGNIFICANT PLANT AND WILDLIFE HABITAT, OUR WATER RESOURCES, AND SCENIC OR HISTORIC SPACES IN ORDER TO PRESERVE THE TRADITIONAL CHARACTER OF THE COMMUNITY FOR GENERATIONS TO COME. |
| FORM 990, PAGE 6, PART VI, LINE 6 | THE LAND TRUST HAS DUES PAYING MEMBERS THAT ELECT THE MEMBERS OF THE BOARD AT AN ANNUAL MEETING. |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE LAND TRUST HAS DUES PAYING MEMBERS THAT ELECT THE MEMBERS OF THE BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 7B | MEMBERS MUST APPROVE REVISIONS TO THE BYLAWS AND ARTICLES OF INCORPORATION AND MUST APPROVE THE SALE OF ANY LAND NOT RESERVED AS INVESTMENT PROPERTY AT TIME OF ACQUISITION. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, THE FINANCE COMMITTE AND THEN THE BOARD PRIOR TO FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | EACH YEAR, ALL BOARD, STAFF, AND KEY VOLUNTEERS ARE ASKED TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY. DURING THE YEAR, IF ISSUES ARISE, THE BOARD IS ASKED IF THERE MAY BE A CONFLICT AND IF SO, TO DISCLOSE AND RECUSE THEMSELVES. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE BOARD REVIEWS AND APPROVES THE COMPENSATION FOR THE EXECUTIVE DIRECTOR. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE BOARD REVIEWS AND APPROVES THE COMPENSATION FOR ALL EMPLOYEES. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION PROVIDES ACCESS TO GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS UPON REQUEST. |
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