Overview
What is Patuxent Tidewater Land Tr?
Patuxent Tidewater Land Trust (PTLT) is a nonprofit organization based in Leonardtown, Maryland. Their primary mission is to preserve rural lands for future generations, achieved through the acquisition of conservation easements. In 2022, they expanded their protected land by 173 acres, bringing their total to 6298 acres across 47 parcels. PTLT collaborates with various funding programs, such as the State of Maryland's Rural Legacy Program, St. Mary's County, the Department of Defense's Readiness and Environmental Protection Integration Program, and MARBIDCO's new farmers program, to secure these easements. They are also active in the recently expanded Huntersville Rural Legacy Area, where they plan to protect an additional 6000 acres and 158 new parcels. PTLT's work focuses on safeguarding the environment and promoting sustainable land use in Southern Maryland.
Official website here: www.ptlt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Star rating.
Patuxent Tidewater Land Trust demonstrates strong accountability and financial practices, reflected in its impressive score of 85%. This rating is derived entirely from a singular beacon focused on accountability and finance, showcasing the organization's commitment to transparency and responsible management of resources. The majority of the board members are independent, contributing to the integrity of governance.
The organization has a high program expense ratio of 98.23%, indicating that nearly all its expenditures are directed towards its programs and mission-related activities. Additionally, the absence of material asset diversions and comprehensive policies such as conflict of interest and whistleblower protocols further enhance its credibility.
Despite these strengths, the organization has no additional beacons to evaluate, limiting the comprehensive assessment of its overall impact. Nonetheless, the emphasis on accountability and efficient resource allocation positions Patuxent Tidewater Land Trust as a reliable and principled nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Patuxent Tidewater Land Tr legitimate?
Patuxent Tidewater Land Tr is a legitimate nonprofit organization registered as a 501(c)(3) entity. Patuxent Tidewater Land Tr 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.
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Official website here: www.ptlt.org
What is the mission statement of Patuxent Tidewater Land Tr?
The Patuxent Tidewater Land Trust aims to preserve rural lands for future generations by implementing conservation easements and exercising environmental stewardship. In the year 2022, they added three new easements, protecting an additional 173 acres of land, bringing their total protected land to 6298 acres. The organization collaborates with various funding programs, including the State of Maryland's Rural Legacy Program, St. Mary's County, the Department of Defense's Readiness and Environmental Protection Integration Program, and the Maryland Agricultural & Resource-Based Industry Development Corporation's new farmers program. The Land Trust continues to work with landowners to protect properties in the recently expanded Huntersville Rural Legacy Area, with plans to fund easements in this area using a grant of $853,262 from the Maryland Rural Legacy Board in FY 2023.
Official website here: www.ptlt.org
Who is the CEO of Patuxent Tidewater Land Tr?
Frank Allen is the Trustee And President of Patuxent Tidewater Land Tr.
Official website here: www.ptlt.org
What is the revenue of Patuxent Tidewater Land Tr?
Patuxent Tidewater Land Tr's revenue in 2022 was $648,584.
Official website here: www.ptlt.org
Who are the executives of Patuxent Tidewater Land Tr and what are their salaries?
There 50 volunteers at Patuxent Tidewater Land Tr.
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Official website here: www.ptlt.org
Where can I find the form 990 for Patuxent Tidewater Land Tr?
Patuxent Tidewater Land Tr's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ptlt.org
Learn more at the official website: www.ptlt.org
Mission Statement of Patuxent Tidewater Land Tr
The Patuxent Tidewater Land Trust, a conservation organization, is dedicated to preserving rural lands for future generations. By implementing conservation easements and practicing environmental stewardship, the Trust aims to safeguard vast tracts of land from development, ensuring their continued existence for generations to come. In 2021, the Trust added protection to 153 acres of land, bringing their total protected area to 6298 acres across 47 parcels.
Throughout 2022, the Trust continued its mission by acquiring new easements, adding 173 additional acres to its preserved lands. Funding for these acquisitions came from various sources, including the State of Maryland's Rural Legacy Program, St. Mary's County, the Department of Defense's Readiness and Environmental Protection Integration Program, and the Maryland Agricultural & Resource-Based Industry Development Corporation's new farmers program. The Trust also focused on working with landowners to protect properties within the recently approved expansion of the Huntersville Rural Legacy Area in mid St. Mary's County, Maryland, which added nearly 6000 additional acres and 158 new parcels to its conservation efforts.
In FY 2023, the Maryland Rural Legacy Board awarded the Trust $853,262 to fund easements in this area, and the REPI Program has approved three planned easements for shared funding, with one closing in 2022. The Trust's relentless efforts in land conservation play a significant role in preserving the natural beauty and sustainability of rural lands for future generations.
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Impact
July, 2024
Patuxent Tidewater Land Trust's impact is significant in preserving rural lands for current and future generations through conservation easements and environmental stewardship. In 2021, they added easements on 153 acres of land, bringing their total protected area to 6298 acres across 47 parcels. By acquiring new easements and working with landowners, they have successfully protected valuable land in Southern Maryland. Through partnerships and funding from various programs such as the State of Maryland's Rural Legacy Program and the Department of Defense's Readiness and Environmental Protection Integration Program, they have been able to expand their conservation efforts. Additionally, the recent approval of an expansion in the Huntersville Rural Legacy Area has provided even more opportunities for protection, with the Maryland Rural Legacy Board awarding substantial funding for this purpose. Overall, the impact of Patuxent Tidewater Land Trust is crucial in safeguarding natural habitats and promoting environmental sustainability.
This information is meant to be a general summary of Patuxent Tidewater Land Tr. 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: $35
- Gross Receipts: $648,584
Assets and Liabilities:
- Total Assets: $419,372
- Total Liabilities: $254
- Net Assets: $419,118
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Organization Details
Founding Year
1996
Phone
(301) 862-3421Principal Officer
Frank Allen
Main Address
P O Box 1955, Leonardtown, MD, 20650
Website
www.ptlt.orgNTEE Category
Code: C340 - Environment
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