Lakes Region Conservation Trust

EIN: 020347918 501(c)(3) Environment

Center Harbor, NH

Total Revenue
$2,853,100
Total Expenses
$1,206,157
Total Assets
$38,770,145
Net Assets
$38,701,654
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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
NH
Principal Officer
LINDSAY ROSA
Phone
6032533301
Tax Period
2024-04-01 to 2025-03-31

Lakes Region Conservation Trust, founded in 1979, is a community nonprofit in the Environment sector that reported $2.9M in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 58% operating margin.

Mission

The mission of the Organization is the conservation of the natural resources of the Lakes Region of New Hampshire, the preservation of wildlife habitat, the stewardship of lands that define the character of the region and its quality of life, and the provision of opportunities for public access to conserved lands for thoughtful recreation, nature e

Program Service Accomplishments

Program 1
Expenses: $227,560

Land Conservation--The Lakes Region Conservation Trust has conserved more than 29,700 acres of land since the Organizations founding in 1979. This total includes over 19,000 acres owned by LRCT, over...

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Land Conservation--The Lakes Region Conservation Trust has conserved more than 29,700 acres of land since the Organizations founding in 1979. This total includes over 19,000 acres owned by LRCT, over 9,300 acres subject to primary conservation easements held by LRCT, and over 1,300 acres conserved through other means. These lands include 30 summits, more than 41 miles of shoreline on the regions lakes, ponds, rivers, and streams, and more than 120 miles of trails open to the public for hiking, snowshoeing, and cross-country skiing, and certain trails open for mountain biking and snowmobiling. Each year LRCT works with landowners, other conservation organizations, and local conservation commissions on dozens of land conservation projects and opportunities throughout the Lakes Region. LRCTs land conservation work is guided by the Lakes Region Strategic Conservation Plan, incorporating climate change resilience data, that provides a valuable land conservation tool for LRCT and other land conservation organizations working in the region.

Program 2
Expenses: $551,950

Land Management, Stewardship, and Recreation--As noted above, the Lakes Region Conservation Trust has conserved more than 29,700 acres of land since the Organizations founding in 1979. A significant...

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Land Management, Stewardship, and Recreation--As noted above, the Lakes Region Conservation Trust has conserved more than 29,700 acres of land since the Organizations founding in 1979. A significant part of LRCTs responsibilities is the management of more than 120 owned properties totaling over 19,000 acres and the monitoring of 62 conservation easements totaling over 9,300 acres to ensure that the conservation values of these lands are being protected and that easement restrictions and requirements are being satisfied. A particular focus of LRCTs land management work is the provision of opportunities for the public to enjoy, appreciate, and learn from the conserved lands. Consequently, the Organization devotes significant effort to stewardship of trails open to the public for hiking, snowshoeing, and cross-country skiing, as well as certain trails open for mountain biking and snowmobiling. In its land management and stewardship work, the Organization benefits greatly from the participation and efforts of approximately 200 talented and dedicated volunteers.

Program 3
Expenses: $160,024

Conservation Education/Outreach/Communications--The Lakes Region Conservation Trust produces newsletters, trail maps, and other informational materials and maintains substantial information on its...

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Conservation Education/Outreach/Communications--The Lakes Region Conservation Trust produces newsletters, trail maps, and other informational materials and maintains substantial information on its website regarding the Organizations conserved lands and land conservation activities. As noted above, a particular focus of the Organizations work is the provision of opportunities for the public to enjoy, appreciate, and learn from the conserved lands. In this regard, LRCT maintains informational kiosks at many properties, and organizes guided hikes, guided paddles, and educational programs for the public regarding the conserved lands. In addition, LRCT works with local schools and other organizations to introduce members of the community to the conserved lands, to provide opportunities for these other organizations to integrate conserved lands into their curricula and programs, and to enhance their understanding of the Lakes Regions natural heritage and the important role of land conservation in shaping the natural landscapes cherished by residents and visitors alike.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,673,766
Program Service Revenue $0
Investment Income $160,251
Other Revenue $19,083
TOTAL REVENUE $2,853,100

Expense Breakdown

Grants Paid $41,000
Salaries & Benefits $614,221
Fundraising Expenses $136,765
Program Expenses $939,534
Other Expenses $550,936
TOTAL EXPENSES $1,206,157

Year-over-Year Comparison

2024 2023 Change
Revenue $2,853,100 $1,672,304 +0.7%
Expenses $1,206,157 $1,484,696 -0.2%
Net Income $1,646,943 $187,608 +7.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
11
Volunteers
230

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$89,648
Total Directors
17
$89,648
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONALD S BERRY PRESIDENT, non-voting 050.00
Officer Director
$89,648 $0 $89,648
RHYS V BOWEN CHAIR 025.00
Officer Director
$0 $0 $0
WILLIAM G ABBOTT IV VICE-CHAIR 015.00
Officer Director
$0 $0 $0
CYNTHIA STANTON SECRETARY 015.00
Officer Director
$0 $0 $0
THOMAS R CRANE JR TREASURER 015.00
Officer Director
$0 $0 $0
HERBERT S ALEXANDER TRUSTEE 010.00
Director
$0 $0 $0
AUSTIN BROADHURST JR TRUSTEE 010.00
Director
$0 $0 $0
JOHN F BUCKLEY TRUSTEE 010.00
Director
$0 $0 $0
BRADFORD R GAY TRUSTEE 010.00
Director
$0 $0 $0
PETER H GLICK TRUSTEE 010.00
Director
$0 $0 $0
GEORGE A HACKER TRUSTEE 010.00
Director
$0 $0 $0
MARK KINNICUTT TRUSTEE 010.00
Director
$0 $0 $0
JUDITH A RYERSON TRUSTEE 010.00
Director
$0 $0 $0
LISA M SCOTT TRUSTEE 010.00
Director
$0 $0 $0
DANA A SIMPSON TRUSTEE 010.00
Director
$0 $0 $0
KATHLEEN A STARKE TRUSTEE 010.00
Director
$0 $0 $0
MARTHA T TWOMBLY TRUSTEE 010.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,853,100 $1,206,157 $38,770,145 $1,646,943
2024 $1,672,304 $1,484,696 $36,684,935 $187,608
2023 $177,708 $229,728 $35,130,842 $-52,020
2022 $1,229,131 $906,832 $34,838,262 $322,299
2021 $1,467,819 $832,100 $35,709,827 $635,719
2020 $4,088,957 $911,837 $34,374,891 $3,177,120
2019 $760,629 $703,744 $30,743,216 $56,885
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