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New York Agricultural Land Trust Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205679522 ✦ Elbridge, NY ✦ Designated as a 501(c)(3)

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Overview

What is New York Agricultural Land Trust Inc?

New York Agricultural Land Trust Inc is a nonprofit organization based in Elbridge, New York. Its primary mission is to preserve and safeguard New York's agricultural land, ensuring its continued use for food production and other agricultural purposes. The Trust collaborates with farmers, local authorities, and conservation groups, as well as state and federal officials, to achieve this objective. To this end, they obtained 9 new easements covering 3,630 acres of land during the year, with funding coming from government grants and contributions. The Trust's efforts are geared towards supporting the agricultural business, while also protecting forested land and other natural resources integral to New York's agricultural landscape. The organization's workforce consists of a single individual.


Official website here: www.nyalt.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The New York Agricultural Land Trust Inc has achieved an impressive Four-Star rating on Charity Navigator, reflecting its high level of accountability and financial health. The organization scores 100% in the Accountability & Finance beacon, indicating a strong commitment to transparency and responsible financial management. This rating is particularly significant as it suggests that donors can trust the nonprofit to effectively use their contributions.

One of the organization's notable strengths includes its independent board governance, with 100% of board members being independent. This structure promotes unbiased decision-making and enhances the trustworthiness of the organization. Furthermore, the Trust has demonstrated excellence in financial practices, with a program expense ratio of 99.10%, indicating that nearly all of its funds are directed towards its mission rather than administrative overhead.

However, while the ratings indicate robust financial practices and governance, potential donors may want to consider the broader impact and outreach of the organization, which is not detailed in the financial metrics. Overall, the New York Agricultural Land Trust Inc presents a solid option for those looking to support land conservation initiatives in New York.


This AI summary has been generated from information found on Charity Navigator.

Is New York Agricultural Land Trust Inc legitimate?

New York Agricultural Land Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Agricultural Land Trust Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $43,511
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nyalt.org

What is the mission statement of New York Agricultural Land Trust Inc?

The New York Agricultural Land Trust Inc is dedicated to preserving and safeguarding New York's agricultural land. Their mission involves collaborating with farmers, citizens, and various agricultural and conservation organizations, as well as local, state, and federal authorities, to attain public objectives. These objectives consist of conserving agricultural land for food and agricultural product production, promoting the active use and improvement of agricultural land for the farming business, and protecting forested land and other natural resources that are integral to New York's agricultural landscape.


Official website here: www.nyalt.org

Who is the CEO of New York Agricultural Land Trust Inc?

Nancy Hourigan is the Board Chair of New York Agricultural Land Trust Inc.


Official website here: www.nyalt.org

What is the revenue of New York Agricultural Land Trust Inc?

New York Agricultural Land Trust Inc's revenue in 2022 was $5,454,671.


Official website here: www.nyalt.org

Who are the executives of New York Agricultural Land Trust Inc and what are their salaries?

The average compensation at New York Agricultural Land Trust Inc during 2022 was $43,511. There is 1 employee and 8 volunteers at New York Agricultural Land Trust Inc.


Here are 10 key members and their salaries:


Nancy Hourigan (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Holden (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Barber (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Barry (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Leubner (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Welch (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Mills (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Richards (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Olney (Executive Director (Through April))
  • Compensation: $54,618
  • Related: $0
  • Other: $0
Brandy Colebrook (Executive Director (Starting August))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nyalt.org

Where can I find the form 990 for New York Agricultural Land Trust Inc?

New York Agricultural Land Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nyalt.org

Learn more at the official website: www.nyalt.org

Mission Statement of New York Agricultural Land Trust Inc

The New York Agricultural Land Trust Inc, a dedicated organization, is committed to the conservation and protection of New York's agricultural land. Their primary objective is threefold: to collaborate with farmers, citizens, and various authorities to maintain the agricultural land for the production of food and other agricultural products; to encourage the active use and improvement of agricultural land to support farming businesses; and to safeguard forested land and other natural resources that are integral to New York's agricultural land base. This nonprofit works closely with local, state, and federal officials, agencies, authorities, commissions, and other agricultural and conservation organizations to achieve these public objectives.

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Impact




June, 2024

New York Agricultural Land Trust Inc's impact lies in its mission to conserve and protect New York's agricultural land. By working with farmers, citizens, government officials, and other conservation organizations, the organization has successfully obtained 9 new easements covering 3,630 acres of land in a single year. This effort not only helps in preserving farmland for food production and agricultural sustainability but also safeguards forested land and other natural resources essential to New York's agricultural landscape. This program is supported by government grants and contributions, emphasizing the crucial role of public-private partnerships in land conservation efforts.




This information is meant to be a general summary of New York Agricultural Land Trust Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$5,454,671 (2022)
Expenses
$5,280,627 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $13,374
  • Program Service Revenue: $52,047
  • Gross Receipts: $5,454,671

Assets and Liabilities:

  • Total Assets: $765,412
  • Total Liabilities: $225,746
  • Net Assets: $539,666

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Project Income

Revenue

$48,047

FPIG Grant Writing

Revenue

$4,000

Organization Details

Founding Year

2006

Principal Officer

Nancy Hourigan

Main Address

PO Box 216, Elbridge, NY, 13060

NTEE Category

Code: C34 - Environment

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