NORTH SALEM OPEN LAND FOUNDATION INC

EIN: 132877957 501(c)(3) Environment

NORTH SALEM, NY

Total Revenue
$421,614
Total Expenses
$463,197
Total Assets
$19,386,217
Net Assets
$19,383,417
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
NY
Principal Officer
Pam Pooley
Phone
9146695860
Tax Period
2023-01-01 to 2023-12-31

NORTH SALEM OPEN LAND FOUNDATION INC, founded in 1974, is a small nonprofit in the Environment sector that reported $422K in total revenue in fiscal year 2023. Revenue fell 68% from the prior year — a significant decline worth monitoring. Net assets of $19.4M represent 552 months of operating reserves.

Mission

NSOLF is dedicated to preserving the character and natural beauty of the town of North Salem, NY and the area around it by establishing land areas free from exploitation, development, and deterioration and by maintaining the environmental and ecological integrity of the area.

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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 (2023)

Revenue Breakdown

Contributions & Grants $311,210
Program Service Revenue $1,466
Investment Income $104,138
Other Revenue $4,800
TOTAL REVENUE $421,614

Expense Breakdown

Grants Paid $500
Salaries & Benefits $219,707
Fundraising Expenses $10,603
Program Expenses $315,267
Other Expenses $242,990
TOTAL EXPENSES $463,197

Year-over-Year Comparison

2023 2022 Change
Revenue $421,614 $1,309,713 -0.7%
Expenses $463,197 $423,686 +0.1%
Net Income $-41,583 $886,027 -1.0%
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
5
Volunteers
100

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
4
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Chaffee Trustee 1.00
Director
$0 $0 $0
Sheila Perrin Trustee 1.00
Director
$0 $0 $0
Carol Goldberg Trustee 2.00
Director
$0 $0 $0
Elizabeth Almeyda Trustee 1.00
Director
$0 $0 $0
Duncan Dayton Vice-Chair 1.00
Officer Director
$0 $0 $0
Pam Pooley Chair 3.00
Officer Director
$0 $0 $0
Gary Holtzer Trustee 1.00
Director
$0 $0 $0
Lois Lippmann Trustee 1.00
Director
$0 $0 $0
Peter Kaminstein Trustee 1.00
Director
$0 $0 $0
Bruce Colley Trustee 1.00
Director
$0 $0 $0
Carol Timmis Interim Treas 1.00
Officer Director
$0 $0 $0
Shari Soward Trustee 1.00
Director
$0 $0 $0
Teri Mendelsohn Secretary 1.00
Officer Director
$0 $0 $0
Paul Tregidgo Trustee 1.00
Director
$0 $0 $0
Nina Eisenman Trustee 1.00
Director
$0 $0 $0
Janet Olshansky Trustee 1.00
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
2024 No data No data No data No data
2023 $421,614 $463,197 $19,386,217 $-41,583
2022 $1,309,713 $423,686 $18,977,287 $886,027
2021 $413,491 $352,407 $19,508,579 $61,084
2020 $376,189 $299,176 $18,973,930 $77,013
2019 $376,861 $352,506 $18,719,036 $24,355
2018 $5,954,707 $298,848 $18,253,040 $5,655,859
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