Valley Land Fund Incorporated in Amherst, Massachusetts (MA)

Table of contents:

Organization representatives - add corrected or new information about Valley Land Fund Incorporated »

Non-representatives - add comments about Valley Land Fund Incorporated»

Valley Land Fund Incorporated
Employer Identification Number (EIN)222746868
Name of OrganizationValley Land Fund Incorporated
AddressPO BOX 1016, Amherst, MA 01004-1016
ActivitiesLand acquisition for preservation
SubsectionEducational Organization
Ruling Date05/1994
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$25,000 to $99,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$85,679
Amount of Income$541
Form 990 Revenue Amount$541
National Taxonomy of Exempt Entities (NTEE)Environmental Quality, Protection and Beautification: Land Resources Conservation


Non-representatives - add comments:


CAPTCHA

Your IP address 54.237.235.12 will be logged.

Amount of income in 2011: $541
Valley Land Fund Incorporated: 

 $541
Other organizations performing similar types of work: 

 $449,025

Assets in 2011: $85,679
Valley Land Fund Incorporated: 

 $85,679
Other organizations performing similar types of work: 

 $2,523,547

Expenses in 2006: $38,161
This organization: 

 $38,161
Other organizations performing similar types of work: 

 $496,017

Income to expenses ratio in 2006: 1.3
Valley Land Fund Incorporated: 

 1.3
Other organizations performing similar types of work: 

 1.9

Expenses allocated to program services in 2006: 83.2%
Valley Land Fund Incorporated: 

 83.2%
Other organizations performing similar types of work: 

 82.6%

Grants share in income in 2006: 94.7%
Valley Land Fund Incorporated: 

 94.7%
Other organizations performing similar types of work: 

 88.2%

Financial snapshot ($)

Revenue for 2006

Assets at end of 2006

Expenses for 2006

Functional Expenses for 2006 ($)

Income-Producing Activities for 2006

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20022003200420052006
Total revenue$91,761$94,398$111,264$100,894$50,431
Contributions, gifts, grants, and similar amounts received$78,474$88,698$101,376$78,524$47,742
Contributions to donor advised funds$0
Direct public support$50,474$70,995$101,376$78,524$47,742
Indirect public support$8,000$0$0$0$0
Government contributions (grants)$20,000$17,703$0$0$0
Program service revenue including government fees and contracts$0$0$0$0$0
Membership dues and assessments$0$0$0$0$0
Interest on savings and temporary cash investments$3,877$2,660$5,488$5,091$4,286
Dividends and interest from securities$0$0$0$0$0
Net rental income or (loss)$9,340$3,040$4,400$0$2,625
Gross rents$9,340$3,040$4,400$0$2,625
Less: rental expenses$0$0$0$0$0
Other investment income$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$0$0$17,279$-8,722
Gross amount from sales of assets other than inventory$0$0$0$110,300$158,273
Less: cost or other basis and sales expenses$0$0$0$93,021$166,995
Net income or (loss) from special events and activities$70$0$0$0$4,500
Gross revenue$70$0$0$0$4,500
Less: direct expenses other than fundraising expenses$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0
Other revenue$0$0$0$0$0
Total expenses$41,942$118,837$37,352$135,751$38,161
Program services$37,699$114,947$32,121$131,992$31,761
Management and general$4,243$3,890$4,847$2,999$6,400
Fundraising$0$0$384$760$0
Payments to affiliates$0$0$0$0$0
Net assets or fund balances at end of year$646,844$622,405$696,317$661,460$673,730
Excess or (deficit) for the year$49,819$-24,439$73,912$-34,857$12,270
Net assets or fund balances at beginning of year$597,025$646,844$622,405$696,317$661,460
Other changes in net assets or fund balances$0$0$0$0$0
Statement of Functional Expenses (for 2006)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$38,161$31,761$6,400$0
Grants paid from donor advised funds$21,185
Other grants and allocations$1,000
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$4,542$0$4,542$0
Legal fees$510$0$510$0
Supplies$107$107$0$0
Telephone$0$0$0$0
Postage and shipping$255$0$255$0
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$0$0$0$0
Travel$0$0$0$0
Conferences, conventions, and meetings$50$50$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$10,512$9,419$1,093$0
Balance Sheets
20022003200420052006
Total assets$1,364,116$2,091,177$1,411,589$1,422,810$1,184,170
Cash - non-interest-bearing$178,889$0$263,337$225,247$168,094
Savings and temporary cash investments$0$238,250$0$0$0
Accounts receivable less allowance for doubtful accounts$0$0$0$1,923$123
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0
Grants receivable$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0
Other notes and loans receivable less allowance for doubtful accounts$63,500$48,500$23,500$171,500$19,500
Inventories for sale or use$0$0$0$0$0
Prepaid expenses and deferred charges$0$0$0$6,490$12,500
Investments - publicly-traded securities$0
Investments - other securities$0$0$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0
Investments - other$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$1,121,727$1,802,927$1,121,252$1,000,150$983,953
Other assets, including program-related investments$0$1,500$3,500$17,500$0
Total liabilities$717,272$1,468,772$715,272$761,350$510,440
Accounts payable and accrued expenses$52,000$0$0$0$0
Grants payable$0$0$0$0$0
Deferred revenue$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$6,922$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0
Mortgages and other notes payable$658,350$1,468,772$715,272$761,350$510,440
Other liabilities$0$0$0$0$0
Total liabilities and net assets/fund balances$1,364,116$2,091,177$1,411,589$1,422,810$1,184,170
Total net assets or fund balances$646,844$622,405$696,317$661,460$673,730
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20022003200420052006
Total revenue$91,761$94,398$111,264$0$0
Total revenue, gains, and other support per audited financial statements$91,761$94,398$111,264$0$0
Other expenses$0$0$0$0$0
Net unrealized gains on investments$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0
Other$0$0$0$0$0
Other revenue$0$0$0$0$0
Investment expenses$0$0$0$0$0
Other$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20022003200420052006
Total expenses$41,942$118,837$37,352$0$0
Total expenses and losses per audited financial statements$41,942$118,837$37,352$0$0
Other revenue$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0
Prior year adjustments$0$0$0$0$0
Losses$0$0$0$0$0
Other$0$0$0$0$0
Other expenses$0$0$0$0$0
Investment expenses$0$0$0$0$0
Other$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings11
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?No
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2006)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$-4,436$7,125
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$4,286$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$2,625
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Section 501(c)(7), (9), or (17) organization - Proceeds from the sale of exempt function property that was or will be timely reinvested in similar property (section 512(a)(3)(D))$-8,722$0
Net income or (loss) from special events000000$000$0$4,500
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2006)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2006)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2006)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
20012002200320042005
Total$147,254$0$94,398$111,264$83,615
Gifts, grants, and contributions received$137,933$0$88,698$101,376$78,524
Membership fees received$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$5,279$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$4,042$0$5,700$9,888$5,091
Net income from unrelated business activities not included above$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0
Other income$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2006)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$131,912
Contributions, gifts, grants, and similar amounts received$128,531
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$3,069
Gain from sale of assets other than inventory$312
Gross amount from sale of assets other than inventory$30,000
Less: cost or other basis and sales expenses$29,688
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$44,012
Total net assets$463,056
Excess for the year$87,900
Net assets or fund balances at beginning of year$609,829
Other changes in net assets or fund balances$-234,673
Balance Sheets (for 2011)
Total assets$467,669
Total liabilities$4,613
Net assets or fund balances$463,056
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$347,448
Gifts, grants, contributions, and membership fees received$324,906
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$22,542
Gross receipts from related activities, etc.$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Valley Land Fund Incorporated to others? (optional)
  
Add photo of Valley Land Fund Incorporated (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Sign in with Twitter
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»


Recently Added Reviews
World Apostolate Of Fatima Archdiocese Of Boston Division Inc in East Bridgewater, MA
*****
First Baptist Church Of Arlington in Arlington, MA
*****
Peruvian Childrens Fund in Lowell, MA
*
First Renewed Baptist Church Of Marthas Vineyard Inc in Vineyard Hvn, MA
Massachusetts Mens Gathering Inc in Winchester, MA
*****
Alert Enlighten Resolve Charities Inc in Lowell, MA
*****
Whole Armour International Church in Lowell, MA
***
Yad Chessed Charity Fund in Brookline, MA
*****
American Youth Football Inc, Upper Cape Spartans Inc in East Falmouth, MA
*****
Le 85em Regiment De Saintonge 4th Middlesex Militia Regiment Of Foot in Weston, MA
****•
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Trustees Of Reservations572 Essex St, Beverly, MA 01915-1530MA1935-01$74,701,985
2Nantucket Land Council IncPO BOX 502, Nantucket, MA 02554-0502MA1976-03$5,353,764
3The Wildlands Trust Of Southeastern MassachusettsPO BOX 2282, Duxbury, MA 02331-2282MA1973-05$4,536,888
4Essex County Green Belt Association Inc82 Eastern Ave, Essex, MA 01929-1329MA1965-02$4,023,319
5Berkshire Natural Resources20 Bank Row, Pittsfield, MA 01201-6222MA1968-06$1,763,064
6Sudbury Valley Trustees Inc18 Wolbach Rd, Sudbury, MA 01776-2429MA1957-08$1,353,708
7Orleans Conservation TrustPO BOX 1078, East Orleans, MA 02643-1078MA1970-10$561,199
8Vineyard Open Land FoundationPO BOX 4608, Vineyard Hvn, MA 02568-0937MA1970-12$299,931
9Concord Land Conservation TrustPO BOX 141, Concord, MA 01742-0141MA1960-12$297,308
10Tuckernuck Land Tr IncPO BOX 1093, Nantucket, MA 02554-1093MA1997-02$176,569
11Sippican Lands Trust Inc354 Front Street, Marion, MA 02738-1533MA1987-05$147,327
12Standish Sportsmans Association IncPO BOX 258, E Bridgewtr, MA 02333-0258MA1976-11$55,457
13New Marlborough Land Preservation Trust IncPO BOX 275, Southfield, MA 01259-0275MA1989-03$34,758
14Valley Land Fund IncorporatedPO BOX 1016, Amherst, MA 01004-1016MA1994-05$541
15Barnstable Land Trust Inc407 North Street, Hyannis, MA 02601-5121MA1984-01$2,868,511
16Franklin Land Trust Inc36 State St, Shelburne Fls, MA 01370-1019MA1987-02$2,537,246
17Mount Grace Land Conservation Trust Inc1461 Old Keene Rd, Athol, MA 01331-9734MA1987-12$2,038,704
18East Quabbin Land Trust IncPO BOX 5, Hardwick, MA 01037-0005MA1996-04$1,871,936
19Dartmouth Natural Resources TrustPO BOX P17, S Dartmouth, MA 02748-0301MA1971-09$1,737,880
20Harvard Conservation TrustPO BOX 31, Harvard, MA 01451-0031MA1973-08$1,039,715
Number of organizations performing similar types of work
Alaska3
Alabama4
Arkansas1
Arizona9
California72
Colorado27
Connecticut49
District of Columbia3
Delaware1
Florida11
Georgia8
Iowa1
Idaho3
Illinois13
Indiana5
Kansas2
Kentucky2
Massachusetts70
Maryland16
Maine36
Michigan17
Minnesota5
Missouri4
Mississippi2
Montana9
North Carolina16
Nebraska1
New Hampshire9
New Jersey16
New Mexico7
Nevada1
New York33
Ohio7
Oregon6
Pennsylvania35
Rhode Island9
South Carolina11
Tennessee8
Texas5
Utah6
Virginia8
Vermont9
Washington23
Wisconsin13
West Virginia2
Wyoming1
Total599

faqs.org is not associated with, endorsed by, or sponsored by Valley Land Fund Incorporated and has no official or unofficial affiliation with Valley Land Fund Incorporated