2025-08-05T10:11:32-05:00 2023-12-31 134260189 BOISSELLE MORTON & WOLKOWICZ LLP 48 BAY ROAD PO BOX 374 HADLEY MA 01035 990 2023-01-01 061337421 EQUITY TRUST INC EQUI 4132566161 PO BOX 746 AMHERST MA 01004 JAMES OLDHAM EXECUTIVE DIRECTOR 4132566161 2025-07-29 1 0 JOSEPH P WOLKOWICZ CPA P00734754 4135870099 2025-07-18 2023 2025-03-06 01:10:19Z X JAMES OLDHAM PO BOX 746 AMHERST MA 01004 595867 0 X EQUITYTRUST.ORG X 1991 MA TO PROMOTE ECONOMIC AND SOCIAL JUSTICE THROUGH EQUITABLE ACCESS TO LAND AND CAPITAL. 7 6 3 9 0 0 313031 439713 98413 136179 8700 19975 0 0 420144 595867 0 0 0 0 113161 144852 0 0 3725 98642 237521 211803 382373 208341 213494 6434499 6582486 4422829 4357322 2011670 2225164 X TO PROMOTE AND PROVIDE ACCESS TO LAND, HOUSING, CAPITAL, AND ECONOMIC OPPORTUNITIES FOR DISADVANTAGED AND LOW-INCOME PEOPLE; TO PROMOTE THE CONSERVATION OF LAND AND NATURAL RESOURCES; AND RELATED CHARITABLE AND EDUCATIONAL PURPOSES. 0 0 237933 92738 EQUITY TRUST FUND: ENABLING SOCIALLY CONSCIOUS LENDERS AND DONORS TO SUPPORT THE PRESERVATION OF AFFORDABLE WORKING FARMS, THE DEVELOPMENT OF AFFORDABLE HOUSING, AND THE IMPLEMENTATION OF OTHER SOCIALLY BENEFICIAL AND ENVIRONMENTALLY SUSTAINABLE PROJECTS. THE FUND ADDED FIVE NEW PROJECTS IN 2023. THE CURRENT PORFOLIO AS OF THE END OF THE YEAR INCLUDED THIRTY-FOUR PROJECTS REPRESENTING THE FULL RANGE OF THE FUND'S MISSION. 51783 39576 EDUCATION AND TECHNICAL ASSISTANCE TO PROMOTE THE ESTABLISHMENT AND SUSTAINABILITY OF ENVIRONMENTALLY SOUND FARMS THAT BENEFIT THEIR LOCAL COMMUNITIES. SUPPORT ACCESS TO FARMLAND FOR HISTORICALLY MARGINALIZED PEOPLE AND COMMUNITIES AND THE PERMANENT PROTECTION OF FARMLAND AND FARM INFRASTRUCTURE AND THEIR AFFORDABILITY FOR WORKING FARMERS. IN 2023, EQUITY TRUST'S WORK FOCUSED ON FARM LAND ACCESS FOR FARM WORKERS AND IMMIGRANT FARMERS; GUIDANCE TO LAND TRUSTS AND LAND OWNERS ON INNOVATIVE STRATEGIES FOR PROTECTING AND STEWARDING WORKING FARMS; AND RESPONDING TO ASSISTANCE REQUESTS FROM COMMUNITY GROUPS, FARMERS, LAND OWNERS, AND LAND TRUSTS FROM AROUND THE COUNTRY. 28667 EDUCATION AND TECHNICAL ASSISTANCE TO EXISTING AND EMERGING COMMUNITY LAND TRUSTS WITH A MISSION TO HOLD AND STEWARD LAND FOR PERMANENTLY AFFORDABLE HOUSING, FOOD PRODUCTION, LOCAL ENTERPRISES, AND/OR COMMUNITY SPACE; SUPPORT FOR GROUPS ENGAGED IN DEVELOPMENT OF COMPLEMENTARY STRATEGIES FOR COMMUNITY STEWARDSHIP OF LAND AND PROPERTY. 24314 3865 PROPERTY STEWARDSHIP: EQUITY TRUST OWNS AND STEWARDS PERMANENTLY PRESERVED AND AFFORDABLE FARM PROPERTIES IN NEW YORK AND NEW HAMPSHIRE, HOLDS CONSERVATION EASEMENTS PERMANENTLY PROTECTING FARM PROPERTIES IN CALIFORNIA AND MASSACHUSETTS, AND SUPPORTS AFFORDABLE HOUSING BY STEWARDING LAND AND HOLDING AFFORDABILITY RESTRICTIONS IN MASSACHUSETTS AND CONNECTICUT. 24314 3865 342697 1 1 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 74 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 CA MA X JAMES OLDHAM 4132566161 PO BOX 746 AMHERST MA 01004 RUSS FOX DIRECTOR 2.00 X 0 0 0 MICHAEL WALLACE DIRECTOR 2.00 X 0 0 0 SCOTT REED PRESIDENT 2.00 X X 0 0 0 JODY BOLLUYT VICE PRESIDENT 2.00 X X 0 0 0 DANIEL ROSENBERG TREASURER 2.00 X X 0 0 0 MADELINE MILLER CLERK 2.00 X X 0 0 0 JAMES OLDHAM EXECUTIVE DIRECTOR 40.00 X X 64164 0 0 64164 0 0 0 0 0 0 0 439713 151200 439713 INTEREST FROM LOANS 525990 92198 92198 TECHNICAL ASSISTANCE 541900 40116 40116 PROPERTY REVENUE 531390 3865 3865 136179 19975 19975 595867 136179 0 19975 62934 54079 6218 2637 63458 51446 11961 51 3792 3166 545 81 3822 3191 550 81 10846 9055 1560 231 8900 8900 12065 12065 6900 4832 1641 427 10200 8516 1467 217 377 377 56451 56451 3487 378 3109 PROV FOR LOAN LOSS 136032 136032 PROPERTY COSTS 2871 2871 0 OUTREACH 238 238 382373 342697 35951 3725 22935 32718 3341813 2967450 6850 12392 15268 24198 2394773 2739557 254984 257152 397342 548542 534 477 6434499 6582486 19972 23570 4394453 4325456 8404 8296 4422829 4357322 X 421348 563397 1590322 1661767 2011670 2225164 6434499 6582486 213494 0 X X 0 1 X 1 0 X 124239 292095 463688 313031 439713 1632766 124239 292095 463688 313031 439713 1632766 940850 691916 28158 15264 7632 8700 19975 79729 1712495 0.40400 0.48170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 3 105.32 2 1 10.00 0 DONATED AND ACQUIRED REAL PROPERTY 548542 C 548542 FUNDS HELD FOR OTHERS 8296 8296 602074 6207 6207 595867 0 595867 388580 6207 6207 382373 0 382373 PART II, LINE 9: CONSERVATION EASEMENTS ARE ACQUIRED THROUGH DONATION OR PURCHASED AT APPRAISED VALUE, BUT ARE CARRIED AS AN ASSET ON THE BOOKS AT $1, SINCE THEY ARE CONSIDERED TO HAVE NO MARKET VALUE. X 3 151200 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B STAFF PROVIDES ALL INFORMATION FOR OUTSIDE ACCOUNTANT TO PREPARE AUDITED FINANCIAL STATEMENTS. STAFF REVIEWS AND FORWARDS TO BOARD FOR APPROVAL. OUTSIDE ACCOUNTANT, WITH STAFF INPUT, PREPARES FORM 990 AND RELEVANT STATE RETURNS BASED ON AUDITED FINANCIAL STATEMENTS. STAFF REVIEWS AND FORWARDS TO BOARD FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN OFF ON THE CONFLICT OF INTEREST POLICY ANNUALY AND IDENTIFY ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED DURING THE YEAR. FORM 990, SCHEDULE A, PART II, SECTION A, LINE 1: THE FORM 990 WAS AMDENDED BECAUSE THE ORIGINALLY FILED FORM 990 MISTAKENLY EXCLUDED THREE GRANTS OF PROPERTY DONATIONS AND MORTGAGE INTEREST TOTALING $151,200 FROM SCHEDULE A, PART II, SECTION A, LINE 5. THE AMENDMENT INCREASED THIS LINE FROM $877,250 TO $940,850, WHICH LOWERED THE PUBLIC SUPPORT PERCENTAGE ON LINE 14 IN SECTION B OF SCHEDULE 1, PART II FROM 44.12% TO 40.40%. EQUITY TRUST HUDSON VALLEY FARM AFFORDABILITY FUND LLC PO BOX 746 AMHERST MA 01004 464682444 TO CONSERVE WORKING FARMS IN THE HUDSON VALLEY, NY MA 25612 802462 EQUITY TRUST INC