Joshua's Tract Conservation and Historic Trust Inc

EIN: 066087579 501(c)(3) Environment

Mansfield Center, CT

Total Revenue
$644,297
Total Expenses
$504,608
Total Assets
$19,987,196
Net Assets
$19,976,171
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
CT
Principal Officer
Michael Willenborg
Phone
8604299023
Tax Period
2024-07-01 to 2025-06-30

Joshua's Tract Conservation and Historic Trust Inc, founded in 1979, is a small nonprofit in the Environment sector that reported $644K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $140K, a strong 22% operating margin.

Mission

To preserve the rural character of the area for the benefit and well being of the inhabitants. To acquire and assure the preservation and maintenance of the land in the interest of conservation of natural resources.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $376,847
Program Service Revenue $0
Investment Income $250,341
Other Revenue $17,109
TOTAL REVENUE $644,297

Expense Breakdown

Grants Paid $0
Salaries & Benefits $332,976
Fundraising Expenses $24,015
Program Expenses $358,916
Other Expenses $171,632
TOTAL EXPENSES $504,608

Year-over-Year Comparison

2024 2023 Change
Revenue $644,297 $1,201,233 -0.5%
Expenses $504,608 $526,529 0.0%
Net Income $139,689 $674,704 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
5
Volunteers
400

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
6
$98,122
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Hveem through January 2025 Executive Director 040.00
Officer
$89,784 $8,338 $98,122
John Hankins President 002.00
Officer Director
$0 $0 $0
Marie Cantino Secretary 002.00
Officer Director
$0 $0 $0
James Cole Vice President 002.00
Officer Director
$0 $0 $0
Robert Beach Trustee 001.00
Director
$0 $0 $0
Erin King Trustee 001.00
Director
$0 $0 $0
Chris Kueffner Trustee 001.00
Director
$0 $0 $0
Scott Matthies Trustee 001.00
Director
$0 $0 $0
Chris McKleroy Trustee 001.00
Director
$0 $0 $0
Debra Pallatto Trustee 001.00
Director
$0 $0 $0
Bill Penn Trustee 001.00
Director
$0 $0 $0
Michael Willenborg Trustee 002.00
Officer Director
$0 $0 $0
Terry Wollen Trustee 001.00
Director
$0 $0 $0
Terry Wakeman Trustee 001.00
Director
$0 $0 $0
David McCarthy beginning April 2025 Executive Director 040.00
Officer
$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 $644,297 $504,608 $19,987,196 $139,689
2024 $1,201,233 $526,529 $18,977,301 $674,704
2023 $855,536 $545,619 $17,583,217 $309,917
2022 $2,132,332 $378,939 $16,847,282 $1,753,393
2021 $652,502 $302,381 $17,740,906 $350,121
2020 $413,945 $444,927 $16,008,061 $-30,982
2019 $1,198,864 $371,674 $15,877,315 $827,190
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