NORTHERN CONNECTICUT LAND TRUST INC

EIN: 222935986 501(c)(3) Environment

Somers, CT

Total Revenue
$58,943
Total Expenses
$5,209
Total Assets
$8,107,913
Net Assets
$8,107,913
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
CT
Principal Officer
Patrice Carson
Phone
8608756971
Tax Period
2024-08-01 to 2025-07-31

NORTHERN CONNECTICUT LAND TRUST INC, founded in 1987, is a micro nonprofit in the Environment sector that reported $59K in total revenue in fiscal year 2024. Revenue fell 79% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $54K, a strong 91% operating margin.

Mission

Preserve the natural resources on the northern CT region including agricultural land and other ecologically significant open space.

Program Service Accomplishments

Program 1
Expenses: $2,159 Revenue: $0

Insurance costs necessary to preserve open space and provide recreational opportunities to the public. Expenses include the cost of an annual insurance policy.

Program 2
Expenses: $512 Revenue: $0

Land acquisition costs, stewardship and improvements of properties owned by the Land Trust: The organization owns more than 2,000 acres of open space that is open to the public for passive recreation.

Program 3
Expenses: $1,893 Revenue: $0

Provide newsletters, an annual report and a website to inform the public of available Land Trust properties, hikes and other recreational activities.

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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 $45,301
Program Service Revenue $0
Investment Income $9,042
Other Revenue $4,600
TOTAL REVENUE $58,943

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,564
Other Expenses $5,209
TOTAL EXPENSES $5,209

Year-over-Year Comparison

2024 2023 Change
Revenue $58,943 $282,068 -0.8%
Expenses $5,209 $16,433 -0.7%
Net Income $53,734 $265,635 -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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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
65

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
0
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Patrice Carson President 5
Director
$0 $0 $0
Rick Dewey Director 3
Director
$0 $0 $0
Karl Hasel VP 4
Director
$0 $0 $0
James Gage VP 4
Director
$0 $0 $0
Richard Bailey Director 3
Director
$0 $0 $0
Walt Moody Director 3
Director
$0 $0 $0
Gene Julian Director 2
Director
$0 $0 $0
Don Smith Director 2
Director
$0 $0 $0
Bryan Jambard Jr Treasurer 4
Director
$0 $0 $0
Albert Grant Director 3
Director
$0 $0 $0
Valerie Amsel Director 0
Director
$0 $0 $0
Elise Bennett Secretary 4
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 $58,943 $5,209 $8,107,913 $53,734
2024 $282,068 $16,433 $8,054,179 $265,635
2023 $46,924 $7,638 $7,788,544 $39,286
2022 $30,528 $9,306 $7,749,258 $21,222
2021 $261,203 $9,645 $7,728,036 $251,558
2020 $168,103 $36,752 $7,476,478 $131,351
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