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Nonprofit · EIN 52-1828261

CALVERT FARMLAND TRUST INC

Tax-exempt · PRNC FREDERCK, MD 20678

Financials

$38K$5K2023$372K$6K2024
Revenue Expenses · by fiscal year end
Financials of CALVERT FARMLAND TRUST INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$372,392$5,898$366,494$1,475,037$119,291$1,355,746
December 31, 2023990$37,922$5,006$32,916$1,108,538$119,291$989,247
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,669
Membership dues
$2,669
Program service revenue
$341,606
Investment income
$28,117
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,667
Program services (functional)
$3,193
Management and general (functional)
$1,353
Fundraising (functional)
$1,352

Balance sheet and other

Total assets, start of year
$1,108,538
Total assets, end of year
$1,475,037
Total liabilities, end of year
$119,291
Net assets, end of year
$1,355,746
Gross receipts
$372,392
Employees
0
Volunteers
0
Year formed
1994
State of legal domicile
MD

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.

NameTitleHours / weekCompensation
V Wilson FreelandPresident
Trustee or director, Officer
2$0
David BourdonVice President
Trustee or director, Officer
2$0
Peter G BakerTreasurer
Trustee or director, Officer
2$0
Bryan K DowellDirector
Trustee or director
1$0
John C Prouty EsqDirector
Trustee or director
1$0
Susie Hance WellsDirector
Trustee or director
0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
V Wilson FreelandPresident
Trustee or director, Officer
2$0
David BourdonVice President
Trustee or director, Officer
2$0
Peter G BakerTreasurer
Trustee or director, Officer
2$0
Bryan K DowellDirector
Trustee or director
1$0
John C Prouty EsqDirector
Trustee or director
1$0
Susie Hance WellsDirector
Trustee or director
0$0

Address and contacts

Address (IRS master file)
PO BOX 3448, PRNC FREDERCK, MD 20678-2458
In care of
% JOHN C PROUTY
Principal officer (990 for 2024)
V Wilson Freeland, PO Box 3448, PRINCE FREDERICK, MD 20678
Signed the 990
V Wilson Freeland, President
Phone
(410) 535-0977

Mission

The entity's mission is the "Protection of Farmland, in Perpetuity, for Agricultural Purposes". The method used to accomplish this mission includes the purchase and recording of restrictive covenants which permanently limit the use of the subject land to agricultural purposes. To assure compliance with recorded conservation covenants, this organization completes periodic easement monitoring surveys by means of onsite inspection or alternative remote/digital inspection means.

990 for the year ended December 31, 2024

Program accomplishments

  • Evaluation and protection of agricultural land for preservation in agricultural use, in perpetuity. Contact with general public, landowners, land trusts, State of Maryland, and local government conservation programs for the purpose of advisement and/or facilitation services in the preservation of farmland. The Organization, in conjunction with State and local programs, will purchase unrestricted farmland, record permanently restrictive covenants, and resell the farmland to a conservation buyer. Ongoing land preservation projects, resale of one farm, and retention or sale of Calvert County MD's "Transfer Development Rights".
    Expenses $862 · revenue $340,184
  • Publish an annual news letter, and as needed, periodically distribute outreach letters, participate in local government working committees, and community events, to educate land owners and the general public of land preservation benefits, and to promote opportunities for preservation of agricultural land within Calvert County, MD.
    Expenses $1,730
  • To assure compliance with restrictive covenants, complete easement monitoring surveys for several farms, including documentation of conservation compliance in accordance with specific requirements placed on preserved properties. Provide easement monitoring for select properties under the State of MD - Rural Legacy Program. Ongoing easement record keeping and property monitoring, as required, for a total of 22 properties.
    Expenses $601 · revenue $1,422

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-1828261
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,475,037
Income (IRS master file)
$372,392

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$372,392$5,898$1,475,037IRS
990December 2023$37,922$5,006$1,108,538XML
990December 2022$6,331$4,959$1,075,622IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 52-1828261).

Questions about CALVERT FARMLAND TRUST INC

What is the EIN of CALVERT FARMLAND TRUST INC?
The employer identification number (EIN) of CALVERT FARMLAND TRUST INC is 52-1828261.
Is CALVERT FARMLAND TRUST INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to CALVERT FARMLAND TRUST INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CALVERT FARMLAND 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 CALVERT FARMLAND 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 CALVERT FARMLAND 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 CALVERT FARMLAND TRUST INC?
The 990 for the year ended December 31, 2024 names V Wilson Freeland.
Who are the officers and directors of CALVERT FARMLAND TRUST INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does CALVERT FARMLAND TRUST INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $372,392, expenses of $5,898 and total assets of $1,475,037 at year end.

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