MIDDLEBURY LAND TRUST INC

EIN: 237050688 501(c)(3) Environment

MIDDLEBURY, CT

Total Revenue
$334,221
Total Expenses
$120,231
Total Assets
$6,443,385
Net Assets
$6,443,385
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
CT
Principal Officer
DR W SCOTT PETERSON
Phone
2035273017
Tax Period
2023-01-01 to 2023-12-31

MIDDLEBURY LAND TRUST INC, founded in 1969, is a small nonprofit in the Environment sector that reported $334K in total revenue in fiscal year 2023. Revenue surged 200% from the prior year, signaling strong growth momentum. The organization ran a surplus of $214K, a strong 64% operating margin.

Mission

"THE PRIMARY OBJECTIVE OF MIDDLEBURY LAND TRUST IS TO ACQUIRE AND PRESERVE LAND OR CONSERVATION EASEMENTS BY GIFT OR PURCHASE TO BE HELD IN PERPETUITY AS OPEN SPACE IN ORDER TO MAINTAIN AND PRESERVE A HEALTHY, ATTRACTIVE AND BALANCED ENVIRONMENT FOR LIVING IN THE TOWN OF MIDDLEBURY. IT THUS SEEKS TO PRESERVE THOSE NATURAL AREAS, INCLUDING FORESTS, MEADOWS, SWAMPS, MARSHES, PONDS AND STREAMS WHICH CONTRIBUTE TO AND ENHANCE THE RURAL NATURE OF THE TOWN. IN THIS CAPACITY IT MAKES ITSELF AVAILABLE TO THE TOWN OF MIDDLEBURY TO ASSIST IN IMPLEMENTING THE TOWN PLAN OF DEVELOPMENT. MIDDLEBURY LAND TRUST IS FULLY ACCREDITED BY THE LAND TRUST ALLIANCE, AWARDED TO LAND TRUSTS MEETING THE HIGHEST NATIONAL STANDARDS OF EXCELLENCE" HTTP://WWW.MIDDLEBURYLANDTRUST.ORG/FAQS/INDEX.SHTML

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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 $271,329
Program Service Revenue $0
Investment Income $62,892
Other Revenue $0
TOTAL REVENUE $334,221

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $10,089
Program Expenses $75,663
Other Expenses $120,231
TOTAL EXPENSES $120,231

Year-over-Year Comparison

2023 2022 Change
Revenue $334,221 $111,349 +2.0%
Expenses $120,231 $85,188 +0.4%
Net Income $213,990 $26,161 +7.2%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
40

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
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR W SCOTT PETERSON PRESIDENT 0.00
Officer Director
$0 $0 $0
MRS ALICE HALLARAN DIRECTOR 0.00
Director
$0 $0 $0
MR SCOTT HOLMES SECRETARY 0.00
Officer Director
$0 $0 $0
MR GREGORY JACOBI DIRECTOR 0.00
Director
$0 $0 $0
MR DONALD MCRAE VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
MS JANINE SULLIVAN-WILEY DIRECTOR 0.00
Director
$0 $0 $0
MR AJ WASSERSTEIN DIRECTOR 0.00
Officer Director
$0 $0 $0
MR J THOMAS CUNNINGHAM DIRECTOR 0.00
Director
$0 $0 $0
MR ARTHUR LIEDERMAN TREASURER 0.00
Officer Director
$0 $0 $0
MS MARA KEGGI FORD DIRECTOR 0.00
Director
$0 $0 $0
MR WILLIAM GIUDITTA DIRECTOR 0.00
Director
$0 $0 $0
MR JAY KLEMUNDT DIRECTOR 0.00
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 $334,221 $120,231 $6,443,385 $213,990
2022 $111,349 $85,188 $5,940,721 $26,161
2021 $158,539 $97,941 $6,351,400 $60,598
2020 $416,328 $105,161 $6,090,759 $311,167
2019 $857,913 $156,575 $5,655,841 $701,338
2018 $63,472 $104,494 $5,464,249 $-41,022
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