VERMONT LAND TRUST INC

EIN: 030264836 501(c)(3) Environment

MONTPELIER, VT

Total Revenue
$20,570,203
Total Expenses
$18,656,172
Total Assets
$64,850,972
Net Assets
$56,525,819
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
VT
Principal Officer
TRACY ZSCHAU
Phone
8022235234
Tax Period
2024-07-01 to 2025-06-30

VERMONT LAND TRUST INC, founded in 1977, is a mid-sized nonprofit in the Environment sector that reported $20.6M in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $18.7M left a modest 9% surplus.

Mission

ROOTED IN VERMONT SINCE 1977, THE VERMONT LAND TRUST UNITES LAND AND LIVES FOR THE ENDURING BENEFIT OF PEOPLE AND THE PLACE WE SHARE. WE HELP PEOPLE PROTECT, CARE FOR, AND CONNECT TO LAND. THIS INCLUDES THE FARMS, FORESTS, NATURAL AREAS, AND COMMUNITY SPACES THAT DEFINE US.

Program Service Accomplishments

Program 1
Expenses: $12,618,043 Revenue: $0

CONSERVATIONTHE VERMONT LAND TRUST IS A MEMBER-SUPPORTED LAND CONSERVATION ORGANIZATION THAT HAS WORKED WITH FAMILIES, COMMUNITIES, FARMERS, AND FORESTLAND OWNERS SINCE 1977 TO CONSERVE OVER 2,000...

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CONSERVATIONTHE VERMONT LAND TRUST IS A MEMBER-SUPPORTED LAND CONSERVATION ORGANIZATION THAT HAS WORKED WITH FAMILIES, COMMUNITIES, FARMERS, AND FORESTLAND OWNERS SINCE 1977 TO CONSERVE OVER 2,000 PARCELS OF LAND IMPORTANT TO VERMONTERS. VLT HAS PERMANENTLY CONSERVED MORE THAN 650,000 ACRES. THIS LAND INCLUDES MORE THAN 1,100 WORKING FARMS, MORE THAN 410,000 ACRES OF PRODUCTIVE FORESTLAND, AND NUMEROUS PARCELS OF COMMUNITY LANDS. OUR STAFF CHOOSES INITIATIVES AND WEIGHS INVESTMENTS OF RESOURCES IN OUR EFFORT TO BEST SERVE CURRENT AND FUTURE RESIDENTS AND VISITORS TO VERMONT. OUR ACCOMPLISHMENTS INCLUDE: PROTECTING AND STEWARDING FARMS, FORESTS, COMMUNITY LANDS, AND ASSOCIATED IMPORTANT NATURAL AREAS. PROTECTING AND STEWARDING LAND THAT CONTRIBUTES TO THE CULTURAL, ECONOMIC, AND ECOLOGICAL VITALITY OF LOCAL COMMUNITIES. PROTECTING AND STEWARDING LAND THAT IS ACCESSIBLE TO THE PUBLIC, AND THAT IS BOTH AFFORDABLE AND AVAILABLE FOR THOSE WHO WISH TO USE IT. IMPROVING THE LIVES OF INDIVIDUALS AND FAMILIES BY INVIGORATING FARMS, LAUNCHING NEW BUSINESSES, MAINTAINING SCENIC VISTAS, PROVIDING LOCAL FOOD, ENCOURAGING RECREATIONAL OPPORTUNITIES, AND FOSTERING A RENEWED SENSE OF COMMUNITY.

Program 2
Expenses: $2,161,640 Revenue: $5,273

STEWARDSHIPTHE VERMONT LAND TRUST ACCEPTS THE RESPONSIBILITY TO SAFEGUARD AND UPHOLD, FOR THE BENEFIT OF ALL VERMONTERS, THE LEGAL AGREEMENT SIGNED VOLUNTARILY BY THE LANDOWNER. WE CALL THIS WORK...

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STEWARDSHIPTHE VERMONT LAND TRUST ACCEPTS THE RESPONSIBILITY TO SAFEGUARD AND UPHOLD, FOR THE BENEFIT OF ALL VERMONTERS, THE LEGAL AGREEMENT SIGNED VOLUNTARILY BY THE LANDOWNER. WE CALL THIS WORK STEWARDSHIP. OUR STEWARDSHIP ROLE MEANS THAT WE MONITOR ALL OUR CONSERVED PROPERTIES ON AN ANNUAL BASIS AND MEET WITH ALMOST 90% OF THE OWNERS OF CONSERVED LAND. THESE EXPERIENCES, VISITING THE LAND AND CREATING RELATIONSHIPS WITH LANDOWNERS, ARE CORE TO CREATING BALANCED CARE FOR THE ECOLOGICAL INTEGRITY, CULTURAL HERITAGE, AND ECONOMIC PRODUCTIVITY OF CONSERVED PROPERTIES.

Program 3
Expenses: $422,542

THE BREWSTER UPLANDS CONSERVATION TRUST IS AN ENTITY THAT SUPPORTS THE MANAGEMENT OF 1,000+ ACRES FOR PUBLIC ACCESS, FARMING AND EDUCATIONAL PURPOSES.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $17,987,510
Program Service Revenue $663,684
Investment Income $1,599,744
Other Revenue $319,265
TOTAL REVENUE $20,570,203

Expense Breakdown

Grants Paid $147,596
Salaries & Benefits $5,106,906
Fundraising Expenses $529,291
Program Expenses $16,264,527
Other Expenses $13,340,132
TOTAL EXPENSES $18,656,172

Year-over-Year Comparison

2024 2023 Change
Revenue $20,570,203 $26,704,770 -0.2%
Expenses $18,656,172 $21,046,713 -0.1%
Net Income $1,914,031 $5,658,057 -0.7%
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
14
Independent Members
14
Employees
50
Volunteers
148

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
8
$563,570
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ABBIE CORSE TRUSTEE 1.00
Director
$0 $0 $0
CAROLYN GILBERT TRUSTEE 1.00
Director
$0 $0 $0
CHERYL MORSE TRUSTEE 1.00
Director
$0 $0 $0
HANNAH SESSIONS TRUSTEE 1.00
Director
$0 $0 $0
JESS PHELPS TRUSTEE 1.00
Director
$0 $0 $0
MARIA YOUNG TRUSTEE 1.00
Director
$0 $0 $0
MERIWETHER HARDIE VICE CHAIR 2.00
Officer Director
$0 $0 $0
MIKE DONOHUE BOARD CHAIR 2.00
Officer Director
$0 $0 $0
RAMSEY LUHR TREASURER 2.00
Officer Director
$0 $0 $0
KARIN CHAMBERLAIN TRUSTEE 1.00
Director
$0 $0 $0
PAUL COSTELLO TRUSTEE 1.00
Director
$0 $0 $0
JOHN KASSEL TRUSTEE 1.00
Director
$0 $0 $0
DAWN MORGAN TRUSTEE 1.00
Director
$0 $0 $0
FRED NELSON TRUSTEE 1.00
Director
$0 $0 $0
ABBY WHITE VP FOR ENGAGEMENT 40.00
Officer
$130,780 $3,181 $133,961
JOHN LIVINGSTON DIRECTOR OF FINANCE- OUTGOING 40.00
Officer
$68,271 $10,349 $78,620
JESSICA ESTES BOARD SECRETARY 40.00
Officer
$65,989 $18,086 $84,075
TRACY ZSCHAU PRESIDENT AND CEO 40.00
Officer
$131,250 $12,104 $143,354
TYLER MILLER VP FOR LAND ACTIVATION 40.00
Officer
$104,185 $19,375 $123,560
CHRISTINE MCSHEA LEGAL DIRECTOR 40.00
Highest
$104,418 $2,515 $106,933
DANIEL KILBORN LANDS DIRECTOR 40.00
Highest
$103,467 $2,364 $105,831
ALLAN KARNATZ PROJECT DIRECTOR 40.00
Highest
$102,397 $2,333 $104,730
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 $20,570,203 $18,656,172 $64,850,972 $1,914,031
2024 $26,704,770 $21,046,713 $62,068,678 $5,658,057
2023 $17,447,191 $20,797,615 $53,156,980 $-3,350,424
2022 $27,492,178 $19,840,805 $52,514,440 $7,651,373
2021 $16,703,041 $14,580,876 $53,999,994 $2,122,165
2020 $15,612,327 $14,107,159 $47,661,388 $1,505,168
2019 $20,838,201 $19,834,580 $44,231,760 $1,003,621
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