Nonprofit · EIN 04-6049963
SUDBURY VALLEY TRUSTEES INC
Tax-exempt · SUDBURY, MA 01776
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,814,929 | $2,539,167 | $3,275,762 | $38,189,413 | $254,727 | $37,934,686 |
| June 30, 2024 | 990 | $1,995,749 | $1,885,252 | $110,497 | $33,755,485 | $744,151 | $33,011,334 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $5,107,808
- Program service revenue
- $12,846
- Investment income
- $645,900
- Net rental income
- $42,449
- Net gain from sales of assets
- $1,577
- Net income from sales of inventory
- $520
- Other revenue
- $48,375
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $130,587
- Other salaries and wages
- $1,026,978
- Salaries, compensation and benefits (total)
- $1,392,746
- Professional fundraising fees
- $0
- Legal fees
- $35,913
- Accounting fees
- $105,930
- Occupancy
- $43,737
- Travel
- $9,247
- Depreciation
- $91,915
- Program services (functional)
- $1,812,110
- Management and general (functional)
- $357,312
- Fundraising (functional)
- $369,745
Balance sheet and other
- Total assets, start of year
- $33,755,485
- Total assets, end of year
- $38,189,413
- Total liabilities, end of year
- $254,727
- Net assets, end of year
- $37,934,686
- Land, buildings and equipment
- $12,339,362
- Publicly traded securities
- $24,891,749
- Net assets without donor restrictions
- $23,866,783
- Net assets with donor restrictions
- $14,067,903
- Gross receipts
- $5,850,628
- Employees
- 16
- Volunteers
- 200
- Year formed
- 1953
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LINDSEY KETCHEL | EXECUTIVE DIRECTOR (UNTIL 7/2024) Officer | 40 | $142,109 | $15,824 |
| LAURA MATTEI | DIRECTOR OF CONSERVATION Highest-paid employee | 40 | $124,989 | $18,271 |
| CECIL HYNDS-RIDDLE | DEVELOPMENT DIRECTOR Highest-paid employee | 40 | $102,290 | $18,378 |
| PAUL BAKSTRAN | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| MOLLY CUTLER | VICE PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| PETER MARTIN | CLERK Trustee or director, Officer | 5 | $0 | $0 |
| LISA SCHIMMEL | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| COLIN ANDERSON | DIRECTOR (UNTIL 9/2024) Trustee or director | 1 | $0 | $0 |
| SHERRI CLINE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE CORREIA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REBECCA CUTTING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SEAN FAIR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIC KLEIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LORING LABARBERA SCHWARZ | DIRECTOR (AS OF 9/2024) Trustee or director | 1 | $0 | $0 |
| JOHN MASTROBATTISTA | DIRECTOR Trustee or director | 1 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HARRY NEWELL | DIRECTOR (AS OF 9/2024) Trustee or director | 1 | $0 |
| KARIN PAQUIN | DIRECTOR Trustee or director | 1 | $0 |
| GREG PETERSON | DIRECTOR (UNTIL 9/2024) Trustee or director | 1 | $0 |
| RICHARD PERKINS | DIRECTOR Trustee or director | 1 | $0 |
| JIM VALONE | DIRECTOR Trustee or director | 1 | $0 |
| RUTH KENNEDY SUDDUTH | DIRECTOR Trustee or director | 1 | $0 |
| DAVNET CONWAY | EXECUTIVE DIRECTOR (STARTED 3/2025) Officer | 40 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA VERNEGAARD UNTIL 823 | OUTGOING EXECUTIVE DIRECTOR Officer | 40 | $114,361 | $4,609 |
| LINDSEY KETCHEL STARTED 72023 | INCOMING EXECUTIVE DIRECTOR Officer | 40 | $75,081 | $1,073 |
| COLIN ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAUL BAKSTRAN | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| SHERRILL CLINE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEVE CORREIA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MOLLY CUTLER | VICE PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| REBECCA CUTTING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SEAN FAIR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RUTH KENNEDY SUDDUTH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER MARTIN | CLERK Trustee or director, Officer | 5 | $0 | $0 |
| JOHN MASTROBATTISTA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KARIN PAQUIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD PERKINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREG PETERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA SCHIMMEL | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| JIM VALONE | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 18 WOLBACH RD, SUDBURY, MA 01776-2429
- Principal officer (990 for 2024)
- DAVNET CONWAY, 18 WOLBACH RD, SUDBURY, MA 01776
- Signed the 990
- DAVNET CONWAY, EXECUTIVE DIRECTOR
- Phone
- (978) 443-5588
- Website
- WWW.SVTWEB.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
SUDBURY VALLEY TRUSTEES, INC. ("THE ORGANIZATION") WORKS TO PROTECT NATURAL AREAS AND FARMLAND FOR WILDLIFE AND PEOPLE IN THE 36 COMMUNITIES THAT SURROUND THE SUDBURY, ASSABET, AND CONCORD RIVERS. THE ORGANIZATION CARES FOR SOME OF THE REGION'S MOST IMPORTANT FORESTS, WETLANDS, AND GRASSLANDS NATURAL AREAS THAT SUPPORT WILDLIFE HABITAT, WORKING FARMS, AND RECREATIONAL TRAILS. THE ORGANIZATION CURRENTLY OWNS 2,477 ACRES ON 95 PROPERTIES AND HOLDS CONSERVATION EASEMENTS (KNOWN AS CONSERVATION RESTRICTMENTS IN MASSACHUSETTS) ON 103 ADDITIONAL LANDS THAT SPAN 3,523 ACRES. THE ORGANIZATION HAS ALSO HELPED TO PROTECT MORE THAN 70 MILES OF TRAILS.
Program accomplishments
- AS A REGIONAL NONPROFIT LAND TRUST, THE ORGANIZATION COLLABORATES WITH INDIVIDUAL LANDOWNERS, LOCAL LAND TRUSTS, AND MUNICIPAL, STATE AND FEDERAL AGENCIES TO PROTECT LAND FOR WILDLIFE HABITAT, PUBLIC ENJOYMENT, AND AGRICULTURE. IN SOME CASES, THE ORGANIZATION ACQUIRES PROPERTY TO OWN AND MANAGE, AND IN OTHER CASES THE ORGANIZATION MONITORS CONSERVATION LAND OWNED BY OTHERS. IN EITHER SITUATION, THE ORGANIZATION ENSURES THAT NO UNAPPROVED DEVELOPMENT OR OTHER ACTIVITY TAKES PLACE ON THE LAND.Expenses $935,134
- THE STEWARDSHIP PROGRAM IS RESPONSIBLE FOR THE MANAGEMENT OF THE CONSERVATION LANDS THAT THE ORGANIZATION OWNS AND FOR THE MONITORING AND OVERSIGHT OF CONSERVATION RESTRICTIONS. THE STEWARDSHIP PROGRAM INCLUDES ECOSYSTEM AND HABITAT PROTECTION AND RESTORATION, MAINTENANCE OF VIEWS, ACCESS, AND TRAILS, PROTECTION OF THE LEGACY OF THE PROPERTIES, AND COORDINATION OF THE MANY STEWARDSHIP VOLUNTEERS.Expenses $635,589
- THE ORGANIZATION PARTNERS WITH MUNICIPAL BOARDS AND COMMITTEES, LOCAL LAND TRUSTS, AND STATE AND FEDERAL AGENCIES TO SUPPORT ONE ANOTHER'S CONSERVATION GOALS AND TO POOL RESOURCES TO ENABLE CONSERVATION. IN ADDITION, THE ORGANIZATION WORKS WITH LANDOWNERS WHO ARE INTERESTED IN MAKING LONG-TERM CONSERVATION PLANS FOR THEIR LAND PARTICIPATES IN NON-PARTISAN WORK TO ADVOCATE FOR POLICIES AND FUNDING THAT DIRECTLY ADVANCE THE LAND PROTECTION AND STEWARDSHIP OF NATURAL AREAS AROUND THE SUDBURY, ASSABET AND CONCORD RIVERS, AS WELL AS IN MASSACHUSETTS IN GENERAL. THE ORGANIZATION ALSO CONDUCTS COMMUNITY DEVELOPMENT ACTIVITIES AND PROVIDES EDUCATIONAL PROGRAMMING.Expenses $241,387 · revenue $13,366
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-6049963
- 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
- 1957
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C340)
- Assets (IRS master file)
- $38,189,413
- Income (IRS master file)
- $5,850,628
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,814,929 | $2,539,167 | $38,189,413 | XML |
| 990 | June 2024 | $1,995,749 | $1,885,252 | $33,755,485 | XML |
| 990 | June 2023 | $2,995,412 | $2,609,947 | $31,448,979 | IRS |
| 990 | June 2022 | $6,625,833 | $1,696,809 | $30,284,086 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 04-6049963).
Questions about SUDBURY VALLEY TRUSTEES INC
- What is the EIN of SUDBURY VALLEY TRUSTEES INC?
- The employer identification number (EIN) of SUDBURY VALLEY TRUSTEES INC is 04-6049963.
- Is SUDBURY VALLEY TRUSTEES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1957.
- Are donations to SUDBURY VALLEY TRUSTEES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SUDBURY VALLEY TRUSTEES 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 SUDBURY VALLEY TRUSTEES INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SUDBURY VALLEY TRUSTEES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SUDBURY VALLEY TRUSTEES INC?
- The 990 for the year ended June 30, 2025 names DAVNET CONWAY.
- Who are the officers and directors of SUDBURY VALLEY TRUSTEES INC?
- The 990 for the year ended June 30, 2025 lists 22 people; 3 received compensation from the organization, the highest $142,109 (LINDSEY KETCHEL, EXECUTIVE DIRECTOR (UNTIL 7/2024)).
- How much revenue does SUDBURY VALLEY TRUSTEES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,814,929, expenses of $2,539,167 and total assets of $38,189,413 at year end.
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