NEW RIVER LAND TRUST

EIN: 542053383 501(c)(3) Environment

BLACKSBURG, VA

Total Revenue
$453,108
Total Expenses
$421,878
Total Assets
$3,234,222
Net Assets
$3,090,147
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
VA
Principal Officer
RON RORDAM
Phone
5409511704
Tax Period
2024-01-01 to 2024-12-31

NEW RIVER LAND TRUST, founded in 2002, is a small nonprofit in the Environment sector that reported $962K in total revenue in fiscal year 2018. Revenue surged 222% from the prior year, signaling strong growth momentum. The organization ran a surplus of $730K, a strong 76% operating margin.

Mission

TO CONSERVE THE RURAL, NATURAL, AND CULTURAL HERITAGE OF THE NEW RIVER REGION, PROTECTING FARMS, FORESTS, OPEN SPACES, AND HISTORIC PLACES.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $397,991
Program Service Revenue $0
Investment Income $55,117
Other Revenue $0
TOTAL REVENUE $453,108

Expense Breakdown

Grants Paid $0
Salaries & Benefits $166,338
Fundraising Expenses $20,329
Program Expenses $301,173
Other Expenses $255,540
TOTAL EXPENSES $421,878

Year-over-Year Comparison

2024 2023 Change
Revenue $453,108 $504,007 -0.1%
Expenses $421,878 $470,946 -0.1%
Net Income $31,230 $33,061 -0.1%
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
6
Volunteers
16

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
$84,038
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN R EUSTIS EXECUTIVE DI 40.00
Officer
$84,038 $0 $84,038
RON RORDAM PRESIDENT 2.00
Officer Director
$0 $0 $0
CHRISTINE MERRITT VICE PRESIDE 2.00
Officer Director
$0 $0 $0
ELLEN OLIVER TREASURER 2.00
Officer Director
$0 $0 $0
JASON KARAS SECRETARY 2.00
Officer Director
$0 $0 $0
CHRIS BARBOUR BOARD MEMBER 1.00
Director
$0 $0 $0
D JAMES CHADWICK BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT DAVIE BOARD MEMBER 1.00
Director
$0 $0 $0
TODD FEARER BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS GAINES BOARD MEMBER 1.00
Director
$0 $0 $0
JOYCE GRAHAM BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE JONES BOARD MEMBER 1.00
Director
$0 $0 $0
CHUCK LACY BOARD MEMBER 1.00
Director
$0 $0 $0
FERNE MOSCHELLA BOARD MEMBER 1.00
Director
$0 $0 $0
JIM NEWLIN BOARD MEMBER 1.00
Director
$0 $0 $0
JOE POWERS BOARD MEMBER 1.00
Director
$0 $0 $0
MARK E WOOLWINE BOARD MEMBER 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 $453,108 $421,878 $3,234,222 $31,230
2023 $504,007 $470,946 $3,116,505 $33,061
2022 $792,617 $344,946 $2,971,461 $447,671
2021 $648,530 $963,501 $2,928,308 $-314,971
2020 $755,221 $287,483 $2,883,016 $467,738
2019 $931,328 $506,460 $2,266,140 $424,868
2018 $961,868 $231,575 $1,948,724 $730,293
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