Overview
What is Land Preservation Trust Inc?
Land Preservation Trust Inc is a Maryland-based nonprofit organization, situated in Cockeysville, focused on promoting human needs and preserving open spaces. The trust primarily aims to protect and balance the use of natural, scenic, recreational, productive, and open space lands. This is achieved by acquiring fee simple title, easements, and other real property interests. The trust engages in various activities, such as acquiring property easements through donations and purchases, often in conjunction with the Maryland Environmental Trust or the Maryland Rural Legacy Program. One of their notable projects is Shawan Downs, an equestrian center and steeplechase course established on 300 acres of farmland in Cockeysville. This initiative has been created to preserve the landscape's agricultural legacy while introducing a new tradition of equestrian events to benefit local charities. In addition to land preservation, the trust assists Baltimore County landowners in protecting their land for future generations by facilitating voluntary conservation and agricultural easements. The trust showcases its commitment to the stewardship of the land at Shawan Downs, operating as a first-class equestrian center and steeplechase course. Overall, Land Preservation Trust Inc's mission is dedicated to preserving open spaces and supporting equestrian events, while also assisting local landowners in conserving their land. They have a small workforce of 5 employees.
Official website here: www.thelandpreservationtrust.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
Land Preservation Trust Inc holds an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The charity achieved a perfect score in financial metrics, notably maintaining a low liabilities to assets ratio of 6.86% and a program expense ratio of 96.26%, which indicates that a significant portion of its funds is directed toward its mission-driven programs.
The organization demonstrates robust governance practices, with an entirely independent board comprised of ten members. This governance structure is further strengthened by comprehensive financial oversight, including an Audit and Oversight Committee. The trust also adheres to best practices in conflict of interest policies, whistleblower protections, and document retention, showcasing a commitment to ethical operations.
While the trust excels in financial management and governance, there are no specific limitations or concerns highlighted in the available data. Overall, the Land Preservation Trust Inc stands out as a well-managed nonprofit dedicated to its mission of land preservation, ensuring that donor funds are used effectively for impactful programs.
This AI summary has been generated from information found on Charity Navigator.
Is Land Preservation Trust Inc legitimate?
Land Preservation Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Land Preservation 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: $0
Professional Fundraising Fees: $35,525
Other Salaries and Wages: $90,866
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Official website here: www.thelandpreservationtrust.org
What is the mission statement of Land Preservation Trust Inc?
The Land Preservation Trust Inc works towards helping landowners preserve their land for future generations by facilitating voluntary conservation and agricultural easements. The organization's commitment to the stewardship of the land is evident at Shawan Downs, a first-class equestrian center and steeplechase course, which it owns and operates. The main goal of the Land Preservation Trust Inc is to ensure the protection and preservation of land, demonstrating its dedication to the long-term wellbeing of the environment.
Official website here: www.thelandpreservationtrust.org
What is the revenue of Land Preservation Trust Inc?
Land Preservation Trust Inc's revenue in 2023 was $2,096,675.
Official website here: www.thelandpreservationtrust.org
Who are the executives of Land Preservation Trust Inc and what are their salaries?
The average compensation at Land Preservation Trust Inc during 2023 was $15,144. There are 6 employees and 35 volunteers at Land Preservation Trust Inc.
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Official website here: www.thelandpreservationtrust.org
Where can I find the form 990 for Land Preservation Trust Inc?
Land Preservation Trust Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thelandpreservationtrust.org
Learn more at the official website: www.thelandpreservationtrust.org
Mission Statement of Land Preservation Trust Inc
The Land Preservation Trust Inc, a non-profit organization, is dedicated to helping Baltimore County landowners protect their land for future generations. By facilitating voluntary conservation and agricultural easements, the Trust aims to ensure the long-term preservation of valuable land resources.
In a commendable display of commitment, the Land Preservation Trust Inc demonstrates its stewardship of the land at Shawan Downs, a first-class equestrian center and steeplechase course. Owned and operated by the Trust itself, Shawan Downs serves as a testament to the organization's dedication to the conservation cause. The Trust's tireless efforts in preserving the natural beauty and historical significance of the land are evident in the meticulous maintenance and operation of this esteemed equestrian facility.
In summary, the Land Preservation Trust Inc is an invaluable resource for landowners seeking to protect their land for future generations. Through its facilitation of conservation and agricultural easements, the Trust ensures the preservation of precious natural resources, while its stewardship of Shawan Downs stands as a shining example of its commitment to the cause.
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Impact
June, 2024
Land Preservation Trust Inc's impact is significant in assisting Baltimore County landowners in protecting their land for future generations by facilitating voluntary conservation and agricultural easements. The Trust promotes the preservation, protection, and balanced use of scenic, natural, recreational, productive, and open space lands through various means, including acquiring property easements either through donations in conjunction with the Maryland Environmental Trust or purchases through the Maryland Rural Legacy Program. Additionally, the Trust owns and operates Shawan Downs, an equestrian center and steeplechase course established on 300 acres of farmland in Cockeysville, Maryland. This initiative not only preserves the landscape's agricultural legacy but also enhances the community by hosting equestrian events to benefit local charities.
This information is meant to be a general summary of Land Preservation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $25,092
- Program Service Revenue: $348,524
- Gross Receipts: $2,096,675
Assets and Liabilities:
- Total Assets: $3,623,207
- Total Liabilities: $248,893
- Net Assets: $3,374,314
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADVERTISING
Revenue
$9,000
LEGACY CHASE EVENT
Revenue
$339,524
Organization Details
Founding Year
1986
Principal Officer
Victoria Collins
NTEE Category
Code: C340 - Environment
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