AMERICAN CHESTNUT LAND TRUST INC

EIN: 521489614 501(c)(3) Environment

PRINCE FREDERICK, MD

Total Revenue
$981,870
Total Expenses
$670,893
Total Assets
$8,175,033
Net Assets
$8,113,027
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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
MD
Principal Officer
CHERYL L PLACE
Phone
4104143400
Tax Period
2023-01-01 to 2023-12-31

AMERICAN CHESTNUT LAND TRUST INC, founded in 1986, is a small nonprofit in the Environment sector that reported $982K in total revenue in fiscal year 2023. Revenue surged 64% from the prior year, signaling strong growth momentum. The organization ran a surplus of $311K, a strong 32% operating margin.

Mission

WE PROMOTE LAND CONSERVATION AND PRESERVATION THROUGHOUT SOUTHERN MARYLAND. WE PRESERVE AND CONSERVE THE NATURAL AND CULTURAL RESOURCES OF THE PARKERS CREEK AND GOVERNORS RUN WATERSHEDS FOR THE BENEFIT OF THIS AND FUTURE GENERATIONS. WE PROVIDE ENVIRONMENTALLY SUSTAINABLE PUBLIC ACCESS TO MANAGED PROPERTIES FOR EDUCATIONAL, SCIENTIFIC, RECREATIONAL AND CULTURAL PURPOSES

Program Service Accomplishments

Program 1
Expenses: $252,566

LAND MANAGEMENT PROGRAM: PROTECTED AND MANAGED THE 3,449 ACRE PARKERS CREEK PRESERVE'S NATURAL RESOURCES BY: IMPLEMENTING FORESTRY MANAGEMENT PLANS, CONTROLLING NONNATIVE INVASIVE PLANT SPECIES...

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LAND MANAGEMENT PROGRAM: PROTECTED AND MANAGED THE 3,449 ACRE PARKERS CREEK PRESERVE'S NATURAL RESOURCES BY: IMPLEMENTING FORESTRY MANAGEMENT PLANS, CONTROLLING NONNATIVE INVASIVE PLANT SPECIES; COLLECTING QUARTERLY SURFACE WATER QUALITY SAMPLES; INSTITUTING AN AGRICULTURE SUPPORTING THE COMMUNITY PROGRAM; AND CONDUCTING A WHITE-TAILED DEER HERD MANAGEMENT PROGRAM. PROTECTED CULTURAL RESOURCES BY: STABILIZING HISTORIC STRUCTURES AND MAINTAINING A HISTORIC CEMETERY; MAINTAINED 26 MILES OF HIKING TRAILS TO ENCOURAGE PUBLIC ACCESS TO PRESERVED LANDS FOR EDUCATIONAL, SCIENTIFIC, RECREATIONAL AND CULTURAL PURPOSES; CONDUCTED GUIDED CANOE TRIPS TO PROVIDE ENVIRONMENTAL EDUCATION TO THE PUBLIC ABOUT THE PARKERS CREEK WATERSHED; MANAGED THE LIMITED ACCESS WARRIOR'S REST SANCTUARY FOR ENVIRONMENTAL EDUCATION AND SCIENTIFIC RESEARCH. ACTIVELY AND REGULARLY MONITORED 1,639 ACRES OWNED IN FEE SIMPLE BY THE AMERICAN CHESTNUT LAND TRUST; ACTIVELY AND REGULARLY MONITORED 1,810 ACRES OF LAND OWNED IN FEE SIMPLE BY THE STATE OF MARYLAND AND LEASED BY THE AMERICAN CHESTNUT LAND TRUST; ACTIVELY AND REGULARLY MONITORED 5 CONSERVATION EASEMENTS TOTALING 374 ACRES.

Program 2
Expenses: $171,726

MEMBERSHIP & OUTREACH SERVICES: CONDUCTED OUTREACH AND STEWARDSHIP EVENTS TO BRING IN NEW MEMBERS. PROVIDED PROMOTIONAL MATERIALS TO INCREASE AWARENESS OF ACLT AND ITS MISSION IN SOUTHERN MARYLAND...

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MEMBERSHIP & OUTREACH SERVICES: CONDUCTED OUTREACH AND STEWARDSHIP EVENTS TO BRING IN NEW MEMBERS. PROVIDED PROMOTIONAL MATERIALS TO INCREASE AWARENESS OF ACLT AND ITS MISSION IN SOUTHERN MARYLAND. OPERATED AN AGRICULTURE IN SUPPORT OF THE COMMUNITY PROGRAM, RAISING AND DONATING FOOD FOR THOSE IN NEED. SHARED INFORMATION ABOUT ACLT AND ITS MISSION BY HOLDING NUMEROUS EVENTS, CANOE TRIPS AND GUIDED HIKES AS WELL AS HOSTING SEVERAL GROUP VISITS TO DOUBLE OAK FARM. ALSO REPRESENTED ACLT AT MANY OFF-SITE EVENTS HELD BY OTHER ORGANIZATIONS. CONDUCTED A WELCOMING PROGRAM WHERE VOLUNTEERS GREET VISITORS AT THE TRAILHEADS AND SHARE INFORMATION ABOUT ACLT. MAINTAINED A ROBUST PUBLIC OUTREACH PROGRAM WITH REGULAR EMAIL NOTICES AND SOCIAL MEDIA POSTS. OVER 130 VOLUNTEERS TOTALLED 7,776 HOURS OF WORK FOR ACLT.

Program 3
Expenses: $148,349

LAND PRESERVATION: WORKED TO PRESERVE ADDITIONAL ACREAGE IN THE PARKERS CREEK AND GOVERNORS RUN WATERSHEDS. WORKED WITH THE SUSTAINABLE CALVERT NETWORK TO ADVOCATE FOR LAND CONSERVATION AND...

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LAND PRESERVATION: WORKED TO PRESERVE ADDITIONAL ACREAGE IN THE PARKERS CREEK AND GOVERNORS RUN WATERSHEDS. WORKED WITH THE SUSTAINABLE CALVERT NETWORK TO ADVOCATE FOR LAND CONSERVATION AND PRESERVATION THROUGHOUT CALVERT COUNTY. IMPLEMENTING THE FIVE YEAR PLAN WHICH CALLS FOR PROMOTING LAND CONSERVATION AND PRESERVATION THROUGHOUT SOUTHERN MARYLAND. LED THE SOUTHERN MARYLAND CONSERVATION ALLIANCE.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $793,415
Program Service Revenue $12,934
Investment Income $101,239
Other Revenue $74,282
TOTAL REVENUE $981,870

Expense Breakdown

Grants Paid $0
Salaries & Benefits $428,051
Fundraising Expenses $145
Program Expenses $572,641
Other Expenses $242,842
TOTAL EXPENSES $670,893

Year-over-Year Comparison

2023 2022 Change
Revenue $981,870 $599,508 +0.6%
Expenses $670,893 $592,184 +0.1%
Net Income $310,977 $7,324 +41.5%
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
20
Independent Members
20
Employees
7
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
5
$88,062
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR DAVID F FARR PRESIDENT 4.00
Officer Director
$0 $0 $0
CHERYL L PLACE TREASURER 1.00
Officer Director
$0 $0 $0
DAWN BALINSKI VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ELIZABETH JOHNSTON SECRETARY 1.00
Officer Director
$0 $0 $0
RICHARD ALDRICH DIRECTOR 1.00
Director
$0 $0 $0
PETER DALY DIRECTOR 1.00
Director
$0 $0 $0
BOB FIELD DIRECTOR 1.00
Director
$0 $0 $0
JAN DEGENEFFE DIRECTOR 1.00
Director
$0 $0 $0
DARLENE HARROD DIRECTOR 1.00
Director
$0 $0 $0
DENISE BREITBURG DIRECTOR 1.00
Director
$0 $0 $0
RONALD KLAUDA DIRECTOR 1.00
Director
$0 $0 $0
JOSE BALLESTEROS DIRECTOR 1.00
Director
$0 $0 $0
SHIRLEY KNIGHT DIRECTOR 1.00
Director
$0 $0 $0
PENNY MORAN DIRECTOR 1.00
Director
$0 $0 $0
ROBYN TRUSLOW DIRECTOR 1.00
Director
$0 $0 $0
NATE NOVOTNY DIRECTOR 1.00
Director
$0 $0 $0
FRED TUTMAN DIRECTOR 1.00
Director
$0 $0 $0
BIRGIT SHARP DIRECTOR 1.00
Director
$0 $0 $0
RANDI VOGT DIRECTOR 1.00
Director
$0 $0 $0
DARRELL ROBERTS DIRECTOR 1.00
Director
$0 $0 $0
GREG BOWEN EXECUTIVE DIRECTOR 40.00
Officer
$88,062 $0 $88,062
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
2023 $981,870 $670,893 $8,175,033 $310,977
2022 $599,508 $592,184 $7,499,555 $7,324
2021 $1,108,932 $494,325 $7,980,963 $614,607
2020 $516,882 $435,434 $7,010,384 $81,448
2019 $466,991 $432,615 $6,540,099 $34,376
2018 $1,006,587 $434,438 $6,107,926 $572,149
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