Overview
What is Land Legacy Inc?
Land Legacy Inc is a nonprofit organization based in Tulsa, Oklahoma, dedicated to enhancing the quality of life in urban and rural communities. A significant portion of their work focuses on military installations, such as Fort Sill Army Base and Tinker Air Force Base, where they help protect essential buffer zones to ensure the safety and noise mitigation for military operations. They also focus on creating safety zones for potential plane crashes around Tinker Air Force Base. In addition, they work on drinking water protection for the City of Tulsa, preserving water quality and working agricultural lands through conservation easements. Land Legacy has successfully protected nearly 5,000 acres in Oklahoma and Arkansas through conservation easements as part of the Eucha-Spavinaw Watershed Protection Initiative. Furthermore, they offer tax incentives to landowners who wish to donate conservation easements and provide educational outreach work to promote conservation easements. Their mission is to work constructively with landowners to protect natural and cultural resources and to create outdoor recreation, education, and economic opportunities.
Official website here: www.landlegacy.info
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Land Legacy Inc has received a Three-Star rating from Charity Navigator, indicating a relatively strong performance in terms of accountability and finance. The organization scored 83% in this category, highlighting its commitment to transparency and responsible management. Notably, it boasts a fully independent board and has excellent scores in various governance aspects, showing effective oversight and adherence to best practices.
The organization excels in multiple metrics, such as having no material diversion of assets and a favorable liabilities to assets ratio, which suggests sound financial health. Its conflict of interest policy and document management practices are also rated highly, reflecting a strong operational framework. This emphasis on accountability is crucial for donor trust and long-term sustainability.
However, there are some areas for improvement, particularly in program expenses and fundraising efficiency, where the organization scored significantly lower. A program expense ratio of only 12% indicates that a smaller portion of its funds is directed toward its programs, while the fundraising efficiency ratio of 0 suggests potential inefficiencies in fundraising efforts. Addressing these issues could enhance its overall impact and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Land Legacy Inc legitimate?
Land Legacy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Land Legacy 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: $86,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,600
For more financial information, click here
Official website here: www.landlegacy.info
What is the mission statement of Land Legacy Inc?
Land Legacy Inc's mission is centered around enhancing the quality of life in urban and rural communities. They strive to achieve this by working collaboratively with landowners to protect natural and cultural resources, creating outdoor recreation, education, and economic opportunities. A significant focus of their work is on military bases, such as Fort Sill Army Base and Tinker Air Force Base, where they aim to protect essential buffer zones for noise mitigation and safety purposes, while also preserving open lands around Tulsa for drinking water protection. They also engage in outreach programs to educate landowners about conservation easements and the tax incentives associated with them, encouraging the preservation of important natural, scenic, and historic resources.
Official website here: www.landlegacy.info
Who is the CEO of Land Legacy Inc?
Michael Patton is the Vice Chair of Land Legacy Inc.
Official website here: www.landlegacy.info
What is the revenue of Land Legacy Inc?
Land Legacy Inc's revenue in 2022 was $5,287,249.
Official website here: www.landlegacy.info
Who are the executives of Land Legacy Inc and what are their salaries?
The average compensation at Land Legacy Inc during 2022 was $40,567. There are 3 employees and 6 volunteers at Land Legacy Inc.
Here are 7 key members and their salaries:
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- Compensation: $86,100
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Official website here: www.landlegacy.info
Where can I find the form 990 for Land Legacy Inc?
Land Legacy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.landlegacy.info
Learn more at the official website: www.landlegacy.info
Mission Statement of Land Legacy Inc
Land Legacy Inc, a non-profit organization, is dedicated to enhancing the quality of life in urban and rural communities. Specifically, they strive to protect natural and cultural resources while creating outdoor recreation, education, and economic opportunities.
The primary focus of Land Legacy's mission is to work constructively with landowners. By doing so, they aim to create essential buffer zones around military installations, such as Fort Sill Army Base and Tinker Air Force Base, to prevent urban encroachment. These buffer zones serve multiple purposes, including noise mitigation for Fort Sill and safety zones for potential plane crashes at Tinker. Over 20,000 acres around Fort Sill and 1,000 acres around Tinker have been identified for protection through the purchase of conservation easements.
In addition to their military partnerships, Land Legacy also works with the City of Tulsa water and wastewater group to protect drinking water. They have helped preserve over 5,000 acres in Oklahoma and Arkansas through conservation easements as part of the Eucha-Spavinaw Watershed Protection Initiative. This initiative aims to preserve water quality and working agricultural lands, providing habitat for numerous endangered species unique to the region.
Land Legacy also works with willing landowners who wish to conserve their land and take advantage of the tax incentives offered by the Conservation Easement Incentive Act. This Act, part of the American Gives More Act, encourages landowners to place conservation easements on their land to protect important natural, scenic, and historic resources. Lands placed into conservation easements continue to be used for farming, grazing, hunting, outdoor recreation, and wildlife conservation, while also remaining on county tax rolls, strengthening local economies.
In summary, Land Legacy Inc is a non-profit organization that works with landowners to protect natural and cultural resources, create outdoor recreation, education, and economic opportunities, and enhance the quality of life in urban and rural communities. Their efforts span various areas, including military installations, drinking water protection, and willing landowners seeking to conserve their land and take advantage of tax incentives.
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Impact
June, 2024
Land Legacy Inc's impact is significant in enhancing the quality of life in urban and rural communities. One of the largest program services provided by Land Legacy focuses on supporting military partners at Fort Sill Army Base and Tinker Air Force Base. By implementing the Army Compatible Use Buffer (ACUB) Program, Land Legacy helps create essential buffer zones surrounding the bases to address concerns such as urban encroachment and safety issues like noise mitigation and potential plane crashes. Through the protection of roughly 20,000 acres around Fort Sill and over 1,000 acres near Tinker via conservation easements, Land Legacy ensures continued private ownership, agricultural uses, ranching, and passive outdoor recreation while preventing harmful development.
Additionally, Land Legacy plays a crucial role in drinking water protection for the City of Tulsa through the Eucha-Spavinaw Watershed Protection Initiative. By acquiring permanent conservation easements on nearly 5,000 acres in the watershed area, Land Legacy contributes to preserving water quality, supporting working agricultural lands, and safeguarding habitat for endangered species in northeastern Oklahoma. Collaborating with various agencies and conducting outreach efforts, Land Legacy actively engages with landowners and governmental bodies to achieve long-term conservation goals.
Furthermore, Land Legacy assists willing landowners in conserving their land through the Conservation Easement Incentive Act, which encourages the protection of natural, scenic, and historic resources. By facilitating the placement of conservation easements that allow for continued land use while providing tax benefits, Land Legacy empowers landowners to contribute to conservation efforts and support local economies. Through these initiatives, Land Legacy effectively protects natural and cultural resources, creates outdoor recreation opportunities, and fosters sustainable land management practices, ultimately benefiting both urban and rural communities.
This information is meant to be a general summary of Land Legacy 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $581
- Gross Receipts: $5,287,249
Assets and Liabilities:
- Total Assets: $81,465,295
- Total Liabilities: $528,704
- Net Assets: $80,936,591
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Organization Details
Founding Year
2003
Phone
(918) 587-2190Principal Officer
Michael Patton
Main Address
822 E 6th St, Tulsa, OK, 74120
Website
www.landlegacy.infoNTEE Category
Code: C34 - Environment
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