Nonprofit · EIN 03-0267331
LAKE CHAMPLAIN LAND TRUST INC
Tax-exempt · BURLINGTON, VT 05401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $931,173 | $586,743 | $344,430 | $5,856,826 | $27,906 | $5,828,920 |
| December 31, 2023 | 990 | $523,322 | $569,986 | -$46,664 | $5,357,107 | $21,397 | $5,335,710 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $526,489
- Membership dues
- $320,952
- Program service revenue
- $0
- Investment income
- $404,684
- Net gain from sales of assets
- $262,329
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $191,645
- Other salaries and wages
- $103,893
- Salaries, compensation and benefits (total)
- $391,867
- Professional fundraising fees
- $0
- Accounting fees
- $12,585
- Occupancy
- $14,650
- Travel
- $1,215
- Depreciation
- $1,417
- Program services (functional)
- $468,915
- Management and general (functional)
- $42,991
- Fundraising (functional)
- $74,837
Balance sheet and other
- Total assets, start of year
- $5,357,107
- Total assets, end of year
- $5,856,826
- Total liabilities, end of year
- $27,906
- Net assets, end of year
- $5,828,920
- Land, buildings and equipment
- $284,651
- Net assets without donor restrictions
- $5,305,309
- Net assets with donor restrictions
- $523,611
- Gross receipts
- $1,381,949
- Employees
- 3
- Volunteers
- 113
- Year formed
- 1978
- State of legal domicile
- VT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHRIS BOGET | EXECUTIVE DIRECTOR Officer | 40 | $178,135 | $13,510 |
| KAREN CADY | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DR CHRIS BARTELS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DON KINNESTON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| SARAH JOHNSON-BROWN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TOM BROWNELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR STEPHEN PAYNE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BILL RILEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR MARIETTA SCHOLTEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RICK STONER | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS BOGET | EXECUTIVE DIRECTOR Officer | 40 | $166,690 |
| KAREN CADY | CHAIR Trustee or director, Officer | 1 | $0 |
| DR CHRIS BARTELS | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| DON KINNESTON | TREASURER Trustee or director, Officer | 1 | $0 |
| LARRY KUPFERMAN | SECRETARY Trustee or director, Officer | 1 | $0 |
| TOM BROWNELL | TRUSTEE Trustee or director | 1 | $0 |
| DR STEPHEN PAYNE | TRUSTEE Trustee or director | 1 | $0 |
| BILL RILEY | TRUSTEE Trustee or director | 1 | $0 |
| DR MARIETTA SCHOLTEN | TRUSTEE Trustee or director | 1 | $0 |
| RICK STONER | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1 MAIN ST, BURLINGTON, VT 05401-5291
- In care of
- % MARTHA PERKINS
- Principal officer (990 for 2024)
- CHRIS BOGET, ONE MAIN STREET 205, BURLINGTON, VT 05401
- Signed the 990
- CHRIS BOGET, EXECUTIVE DIRECTOR
- Phone
- (802) 862-4150
- Website
- WWW.LCLT.ORG
- Return prepared by
- MCSOLEY MCCOY & CO
Mission
THE MISSION OF THE LAKE CHAMPLAIN LAND TRUST IS TO SAVE THE SCENIC BEAUTY, NATURAL COMMUNITIES, AND RECREATIONAL AMENITIES OF LAKE CHAMPLAIN BY PERMANENTLY PRESERVING SIGNIFICANT ISLANDS, SHORELINE AREAS, AND NATURAL COMMUNITIES IN THE CHAMPLAIN REGION.
Program accomplishments
- TO ENCOURAGE CONSERVATION OF LAND AROUND LAKE CHAMPLAIN. ACCOMPLISHED THROUGH THE ACQUISITION OF LAND AND CONSERVATION EASEMENTS AND STEWARDSHIP. CONSERVATION ALSO PROMOTES THROUGH EDUCATING THE PUBLIC ABOUT THE BENEFITS OF CONSERVATION AND CONNECTING PEOPLE TO THE LAND THROUGH HIKES AND EDUCATIONAL PROGRAMS.Expenses $468,915
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 03-0267331
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1978
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C340)
- Assets (IRS master file)
- $5,856,826
- Income (IRS master file)
- $1,381,949
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $931,173 | $586,743 | $5,856,826 | XML |
| 990 | December 2023 | $523,322 | $569,986 | $5,357,107 | XML |
| 990 | December 2022 | $644,118 | $467,657 | $4,962,228 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0267331).
Questions about LAKE CHAMPLAIN LAND TRUST INC
- What is the EIN of LAKE CHAMPLAIN LAND TRUST INC?
- The employer identification number (EIN) of LAKE CHAMPLAIN LAND TRUST INC is 03-0267331.
- Is LAKE CHAMPLAIN LAND TRUST INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to LAKE CHAMPLAIN LAND TRUST INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAKE CHAMPLAIN LAND TRUST INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LAKE CHAMPLAIN LAND TRUST INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE CHAMPLAIN LAND TRUST INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LAKE CHAMPLAIN LAND TRUST INC?
- The 990 for the year ended December 31, 2024 names CHRIS BOGET.
- Who are the officers and directors of LAKE CHAMPLAIN LAND TRUST INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $178,135 (CHRIS BOGET, EXECUTIVE DIRECTOR).
- How much revenue does LAKE CHAMPLAIN LAND TRUST INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $931,173, expenses of $586,743 and total assets of $5,856,826 at year end.
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