CAYUCOS LAND CONSERVANCY

EIN: 770506896 501(c)(3) Environment

CAYUCOS, CA

Total Revenue
$820,128
Total Expenses
$439,097
Total Assets
$3,108,499
Net Assets
$3,108,499
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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
CA
Principal Officer
GLENN OELKER
Phone
8059007121
Tax Period
2024-01-01 to 2024-12-31

CAYUCOS LAND CONSERVANCY, founded in 1999, is a small nonprofit in the Environment sector that reported $820K in total revenue in fiscal year 2024. Revenue surged 262% from the prior year, signaling strong growth momentum. The organization ran a surplus of $381K, a strong 46% operating margin.

Mission

The Cayucos Land Conservancy is committed to the enduring preservation of the rural greenbelt that surrounds Cayucos, California. Preserving this historic and stunning open space is the primary goal of the land conservancy, so that future generations enjoy this place.

Program Service Accomplishments

Program 1
Expenses: $396,900

Through a land preservation agreement deeded in 1999, the Cayucos Land Conservancy (CLC) participates in the management of the 355 acre Estero Bluffs State Park, a four mile coastal terrace north of...

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Through a land preservation agreement deeded in 1999, the Cayucos Land Conservancy (CLC) participates in the management of the 355 acre Estero Bluffs State Park, a four mile coastal terrace north of Cayucos and the crown jewel of CLC accomplishments. CLC offers a Bluffs Walks program with guides who are knowledgeable on some aspect of the valuable natural resources at the site. Additionally, periodic volunteer work days are held to address issues as CLC continually works to address access, resource, and visitor concerns. CLC continues to preserve hillside parcels in the antiquated subdivisions overlooking the community. The organization currently holds title to 425 of those parcels, approximately 45 acres, many of which are unbuildable. As all parcels are outside the Urban Reserve Line, with no utility services, the CLC goal is the preservation of the land as part of the greenbelt around Cayucos. A voluntary land owner agreement granted CLC a Conservation Easement (CE), finalized in 2007, protecting the 865 acre San Geronimo Ranch as a working cattle ranch. CLC contributed over $120,000 towards the purchase price of this CE. This beautiful property cements the greenbelt to the north of Cayucos. After 10 years of planning, CLC entered into an agreement with other land conservation organizations to purchase almost 1,500 acres from the Chevron Corporation on the southern border of Cayucos. As land is acquired, it is deeded to the County of San Luis Obispo for the future Toro Coast Preserve (TCP) Regional Park. Two of the three Phases of land purchases have been successfully completed. To date CLC has contributed $780,000.00, money donated by our supporters, towards TCP land purchases in this special collaborative effort. CLC, and its partners, continue to plan for Phase 3 and work towards acquiring all of the Toro Creek Preserve land by 2030. As of December 31, 2024 the Cayucos Land Conservancy holds land Conservation Easements on 1,220 acres, holds land in Fee Title on 45 acres, and has helped secure a majority of the 1,500 acre Toro Creek Preserve for future generations. CLC continues to offer, and works to develop, additional programs to educate our community about the value of open spaces in improving the quality of our life on the California Central Coast. Most importantly, the Cayucos Land Conservancy continues to preserve our important places for future generations to enjoy.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $744,723
Program Service Revenue $0
Investment Income $75,405
Other Revenue $0
TOTAL REVENUE $820,128

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $10,258
Program Expenses $396,900
Other Expenses $439,097
TOTAL EXPENSES $439,097

Year-over-Year Comparison

2024 2023 Change
Revenue $820,128 $226,501 +2.6%
Expenses $439,097 $45,997 +8.5%
Net Income $381,031 $180,504 +1.1%
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
9
Independent Members
9
Employees
N/A
Volunteers
100

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GLENN OELKER President 10.00
Officer Director
$0 $0 $0
LOUISA SMITH Secretary 10.00
Officer Director
$0 $0 $0
GREG BETTENCOURT Director 5.00
Director
$0 $0 $0
TOM SOOTER Director 5.00
Director
$0 $0 $0
CAROL WARDEN Vice President 5.00
Officer Director
$0 $0 $0
MARY BETTENCOURT Director 8.00
Director
$0 $0 $0
TIM RIDOUT Director 2.00
Director
$0 $0 $0
AMBER SANDOVAL Director 5.00
Director
$0 $0 $0
THOMAS SEVILLE Treasurer 10.00
Officer 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 $820,128 $439,097 $3,108,499 $381,031
2023 $226,501 $45,997 $2,613,053 $180,504
2022 $205,083 $53,078 $2,266,198 $152,005
2021 $176,907 $31,987 $2,365,893 $144,920
2021 $176,907 $31,987 $2,365,893 $144,920
2020 $505,323 $152,552 $2,155,201 $352,771
2019 $297,935 $33,028 $1,670,520 $264,907
2018 $305,593 $28,876 $1,314,192 $276,717
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