PUTNAM COUNTY LAND TRUST SAVE OPEN SPACE INC

EIN: 237058465 501(c)(3) Environment

BREWSTER, NY

Total Revenue
$221,796
Total Expenses
$83,661
Total Assets
$7,378,457
Net Assets
$7,368,432
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
NY
Principal Officer
JUDY TERLIZZI
Phone
8452284520
Tax Period
2022-07-01 to 2023-06-30

PUTNAM COUNTY LAND TRUST SAVE OPEN SPACE INC, founded in 1969, is a small nonprofit in the Environment sector that reported $222K in total revenue in fiscal year 2022. Revenue surged 357% from the prior year, signaling strong growth momentum. The organization ran a surplus of $138K, a strong 62% operating margin.

Mission

PUTNAM COUNTY LAND TRUST SAVE OPEN SPACE INC FORM 990, PART III, LINE 1: PUTNAM COUNTY LAND TRUST (PCLT) IS DEDICATED TO THE PROTECTION OF FORESTS AND WETLANDS, WILDLIFE HABITATS AND IMPORTANT WATER RESOURCES IN AND AROUND PUTNAM COUNTY, NEW YORK. PCLT IS ACCREDITED BY THE LAND TRUST ALLIANCE, A NATIONAL LAND CONSERVATION ORGANIZATION.ACCREDITATION AFFIRMS THAT NATIONAL QUALITY STANDARDS ARE MET FOR SOUND FINANCES, ETHICAL CONDUCT, RESPONSIBLE GOVERNANCE AND LASTING STEWARDSHIP. ACCREDITATION RUNS FROM AUGUST 1, 2018 TO JULY 31, 2023. FORM 990, PART VI, SECTION A, LINE 2: TWO MEMBERS OF THE BOARD ARE RELATED THROUGH MARRIAGE. FORM 990, PART VI, SECTION B, LINE 11B: PCLT BOARD DESIGNATED PERSON(S)ARE TASKED WITH REVIEWING THE 990 AND ALL ITS SCHEDULES IN DETAIL IN CONJUNCTION WITH PROVIDING TO THE FISCAL OVERSIGHT COMMITTEE FOR THEIR ADDITIONAL REVIEW AND COMMENTS.PRIOR TO FILING A COPY OF THE FORM 990 AND ITS SCHEDULES IS DISTRIBUTED TO ALL BOARD MEMBERS OF WHICH IS FOLLOWED BY PRESENT

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Trantor Score

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $204,459
Program Service Revenue $0
Investment Income $277
Other Revenue $17,060
TOTAL REVENUE $221,796

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $65,305
Other Expenses $83,661
TOTAL EXPENSES $83,661

Year-over-Year Comparison

2022 2021 Change
Revenue $221,796 $48,517 +3.6%
Expenses $83,661 $50,696 +0.7%
Net Income $138,135 $-2,179 -64.4%
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
15
Independent Members
11
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRAD FRIEDMAN TRUSTEE 1.00
Director
$0 $0 $0
JENNY HINSMAN REC SEC 1.00
Director
$0 $0 $0
KATHY KAHNG TRUSTEE 1.00
Director
$0 $0 $0
TATIANA KALETSCH TRUSTEE 1.00
Director
$0 $0 $0
MARTA KATENKAMP TRUSTEE 1.00
Director
$0 $0 $0
JASON KLEIN TRUSTEE 1.00
Director
$0 $0 $0
PATTY KRAVIT TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL PRINCIPE TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM ROLL TRUSTEE 1.00
Director
$0 $0 $0
BETSEY RYDER TRUSTEE 1.00
Director
$0 $0 $0
STEVEN SAIDENBERG TRUSTEE 1.00
Director
$0 $0 $0
JUDY TERLIZZI PRESIDENT 1.00
Officer Director
$0 $0 $0
PAUL WACLAWSKI 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $221,796 $83,661 $7,378,457 $138,135
2022 $48,517 $50,696 $7,240,322 $-2,179
2021 $500,207 $52,812 $7,241,550 $447,395
2020 $1,154,866 $85,343 $6,824,651 $1,069,523
2019 $335,123 $74,295 $5,721,758 $260,828
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