Nonprofit · EIN 04-2373794
NANTUCKET CONSERVATION FOUNDATION INC
Tax-exempt · NANTUCKET, MA 02554
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $17,537,027 | $6,335,615 | $11,201,412 | $178,363,699 | $792,747 | $177,570,952 |
| December 31, 2023 | 990 | $16,182,389 | $4,254,613 | $11,927,776 | $165,497,244 | $914,142 | $164,583,102 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $16,344,629
- Program service revenue
- $139,681
- Investment income
- $1,290,787
- Net rental income
- $20,200
- Net gain from sales of assets
- $664,409
- Net income from fundraising events
- -$261,270
- Other revenue
- -$238,070
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $250,896
- Other salaries and wages
- $1,750,758
- Salaries, compensation and benefits (total)
- $2,490,271
- Professional fundraising fees
- $0
- Legal fees
- $14,928
- Accounting fees
- $70,425
- Occupancy
- $128,737
- Travel
- $119,458
- Depreciation
- $351,923
- Program services (functional)
- $4,444,703
- Management and general (functional)
- $1,064,171
- Fundraising (functional)
- $826,741
Balance sheet and other
- Total assets, start of year
- $165,497,244
- Total assets, end of year
- $178,363,699
- Total liabilities, end of year
- $792,747
- Net assets, end of year
- $177,570,952
- Land, buildings and equipment
- $132,797,411
- Publicly traded securities
- $19,063,738
- Net assets without donor restrictions
- $153,846,447
- Net assets with donor restrictions
- $23,724,505
- Gross receipts
- $24,129,047
- Employees
- 32
- Volunteers
- 25
- Year formed
- 1963
- State of legal domicile
- MA
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 |
|---|---|---|---|---|
| CORMAC COLLIER | PRESIDENT AND CEO Officer | 40 | $250,893 | $31,845 |
| KAREN C BEATTIE | VICE PRES. SCIENCE & STEWA Highest-paid employee | 40 | $163,167 | $37,608 |
| JENNIFER KARBERG | DIRECTOR RESEARCH & PARTNE Highest-paid employee | 40 | $130,980 | $37,280 |
| RICHARD MACK | PROPERTIES MANAGER Highest-paid employee | 40 | $105,932 | $27,720 |
| NICHOLAS J LARRABEE | DIRECTOR LAND MANAGEMENT Highest-paid employee | 40 | $110,904 | $16,542 |
| DONALD MACK | LAND MANAGEMENT Highest-paid employee | 40 | $102,117 | $15,847 |
| ANDE GRENNAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN G MACFARLANE III | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CHARLES K GIFFORD JR | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARIANNE R STANTON | CLERK Trustee or director, Officer | 1 | $0 | $0 |
| LUCINDA YOUNG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TODD M KNUTSON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| COLBY CRENSHAW | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID A CHAMPOUX | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATIE KEITH | TRUSTEE Trustee or director | 1 | $0 | $0 |
16 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHERWOOD NEWELL | TRUSTEE Trustee or director | 1 | $0 |
| KAREN GRIP | TRUSTEE Trustee or director | 1 | $0 |
| DR DIANE PEARL | TRUSTEE Trustee or director | 1 | $0 |
| ANN B OLIVER | TRUSTEE Trustee or director | 1 | $0 |
| DAVID RATTNER | TRUSTEE Trustee or director | 1 | $0 |
| MARY WEST | TRUSTEE Trustee or director | 1 | $0 |
| DR GEOFFREY C TRUSSELL | TRUSTEE Trustee or director | 1 | $0 |
| PATRICK S WAYLAND | TRUSTEE Trustee or director | 1 | $0 |
| LINDSEY GUND | TRUSTEE Trustee or director | 1 | $0 |
| STEPHEN BARTRAM | TRUSTEE Trustee or director | 1 | $0 |
| RICK ULMER | TRUSTEE Trustee or director | 1 | $0 |
| LAURA HANSON | TRUSTEE Trustee or director | 1 | $0 |
| DAPHNE MITCHELL | TRUSTEE Trustee or director | 1 | $0 |
| JAMES MEEHAN | SECRETARY Trustee or director, Officer | 1 | $0 |
| JENNY MATTHEWS | TRUSTEE Trustee or director | 1 | $0 |
| PATRICK HEHIR | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 27 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CORMAC COLLIER | PRESIDENT AND CEO Officer | 40 | $230,000 | $30,653 |
| KAREN C BEATTIE | VICE PRES. SCIENCE & STEWA Highest-paid employee | 40 | $149,649 | $36,752 |
| JENNIFER KARBERG | DIRECTOR RESEARCH & PARTNE Highest-paid employee | 40 | $124,708 | $35,759 |
| RICHARD MACK | PROPERTIES MANAGER Highest-paid employee | 40 | $102,531 | $26,521 |
| ANDE GRENNAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN G MACFARLANE III | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CHARLES K GIFFORD JR | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARIANNE R STANTON | CLERK Trustee or director, Officer | 1 | $0 | $0 |
| LUCINDA YOUNG | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TODD M KNUTSON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| EDWARD V LAHEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID A CHAMPOUX | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATIE KEITH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHERWOOD NEWELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BONNIE MCCAUSLAND | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR DIANE PEARL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANN B OLIVER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID RATTNER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARY WEST | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR GEOFFREY C TRUSSELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PATRICK S WAYLAND | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LINDSEY GUND | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEPHEN BARTRAM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RICK ULMER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LAURA HANSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAPHNE MITCHELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES MEEHAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 13, NANTUCKET, MA 02554-0013
- Principal officer (990 for 2024)
- CORMAC COLLIER, PO BOX 13 118 CLIFF ROAD, NANTUCKET, MA 02554
- Signed the 990
- CORMAC COLLIER, PRESIDENT & CEO
- Phone
- (508) 228-2884
- Return prepared by
- BOLLUS LYNCH LLP
Mission
THE NANTUCKET CONSERVATION FOUNDATION OWNS, PROTECTS, AND STEWARDS OVER 9,000 ACRES OF LAND AND COASTAL SHORELINE, CONSERVES NANTUCKET'S RARE AND SIGNIFICANT NATURAL RESOURCES, AND ENGAGES IN IMPACTFUL ECOLOGICAL RESEARCH TO INFORM RESOURCE MANAGEMENT AND FURTHER OUR KNOWLEDGE OF NANTUCKET'S UNIQUE ECOSYSTEMS AND SPECIES. WE SHARE OUR ENVIRONMENTAL EXPERTISE WITH THE WIDER COMMUNITY AND PROVIDE EDUCATIONAL AND RECREATIONAL OPPORTUNITIES TO ENCOURAGE RESPECTFUL ENJOYMENT AND APPRECIATION OF OUR PROPERTIES.
Program accomplishments
- LAND MANAGEMENT: MAINTAINING OVER 9,000 ACRES OF OPEN SPACE, TRAILS SYSTEMS AND BEACHES FOR VISITORS TO ENJOY.Expenses $1,917,600 · revenue $161,931
- SCIENCE AND STEWARDSHIP: DEVELOPING AND IMPLEMENTING RESOURCE INVENTORY PLANS FOR ALL NCF PROPERTIES.Expenses $2,527,103
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
- 04-2373794
- 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
- 1964
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C300)
- Assets (IRS master file)
- $178,363,699
- Income (IRS master file)
- $24,129,047
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $17,537,027 | $6,335,615 | $178,363,699 | XML |
| 990 | December 2023 | $16,182,389 | $4,254,613 | $165,497,244 | XML |
| 990 | December 2022 | $9,623,149 | $3,830,564 | $152,026,013 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | October 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 04-2373794).
Questions about NANTUCKET CONSERVATION FOUNDATION INC
- What is the EIN of NANTUCKET CONSERVATION FOUNDATION INC?
- The employer identification number (EIN) of NANTUCKET CONSERVATION FOUNDATION INC is 04-2373794.
- Is NANTUCKET CONSERVATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
- Are donations to NANTUCKET CONSERVATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NANTUCKET CONSERVATION FOUNDATION 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 NANTUCKET CONSERVATION FOUNDATION 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 NANTUCKET CONSERVATION FOUNDATION 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 NANTUCKET CONSERVATION FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names CORMAC COLLIER.
- Who are the officers and directors of NANTUCKET CONSERVATION FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 31 people; 6 received compensation from the organization, the highest $250,893 (CORMAC COLLIER, PRESIDENT AND CEO).
- How much revenue does NANTUCKET CONSERVATION FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $17,537,027, expenses of $6,335,615 and total assets of $178,363,699 at year end.
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