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Nonprofit · EIN 54-1601471

LAND TRUST OF VIRGINIA INC

Tax-exempt · MIDDLEBURG, VA 20118

Financials

$1.3M$867K2023$1.9M$890K2024$3.4M$2.1M2025
Revenue Expenses · by fiscal year end
Financials of LAND TRUST OF VIRGINIA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$3,350,315$2,071,709$1,278,606$10,815,985$226,350$10,589,635
December 31, 2024990$1,907,386$890,381$1,017,005$8,673,167$277,121$8,396,046
December 31, 2023990$1,319,677$867,012$452,665$7,918,914$308,759$7,610,155
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$3,456,477
of which government grants
$1,271,889
Program service revenue
$191,000
Investment income
$225,265
Net rental income
$7,212
Net gain from sales of assets
-$25,349
Other revenue
-$522,427

Expenses

Grants and similar amounts paid
$1,158,500
Compensation of officers, directors and key employees
$122,071
Other salaries and wages
$415,141
Salaries, compensation and benefits (total)
$622,785
Professional fundraising fees
$0
Legal fees
$30,520
Accounting fees
$37,484
Occupancy
$45,532
Travel
$16,593
Depreciation
$6,868
Program services (functional)
$1,938,991
Management and general (functional)
$71,293
Fundraising (functional)
$61,425

Balance sheet and other

Total assets, start of year
$8,673,167
Total assets, end of year
$10,815,985
Total liabilities, end of year
$226,350
Net assets, end of year
$10,589,635
Land, buildings and equipment
$15,225
Publicly traded securities
$8,816,604
Net assets without donor restrictions
$9,153,664
Net assets with donor restrictions
$1,435,971
Gross receipts
$4,843,059
Employees
12
Volunteers
56
Year formed
1991
State of legal domicile
VA

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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ASHTON COLEEXECUTIVE DI
Officer
40$106,920$17,367
POLLY L GAULTCHAIR
Trustee or director, Officer
15$0$0
C DULANY MORISONVICE CHAIR
Trustee or director, Officer
5$0$0
REBECCA MCDERMOTTTREASURER
Trustee or director, Officer
2$0$0
MELISSA WINCHESTERSECRETARY
Trustee or director, Officer
2$0$0
JOHN E BENEDICTDIRECTOR
Trustee or director
1$0$0
STEPHANIE KENYONDIRECTOR
Trustee or director
1$0$0
PAUL LAWRENCEDIRECTOR
Trustee or director
1$0$0
SARAH JO LUBYDIRECTOR
Trustee or director
1$0$0
JONATHON NUCKLESDIRECTOR
Trustee or director
1$0$0
LILLA OHRSTROMDIRECTOR
Trustee or director
1$0$0
KEVIN RAMUNDODIRECTOR
Trustee or director
1$0$0
CLAUDE SCHOCHDIRECTOR
Trustee or director
1$0$0
LINDA G STUNTZDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
ASHTON COLEEXECUTIVE DI
Officer
40$108,021$14,278
POLLY L GAULTCHAIR
Trustee or director, Officer
15$0$0
CHILDS F BURDENVICE CHAIR
Trustee or director, Officer
5$0$0
REBECCA MCDERMOTTTREASURER
Trustee or director, Officer
2$0$0
STEFFANIE BURGEVINSECRETARY
Trustee or director, Officer
2$0$0
JOHN BRYANTDIRECTOR
Trustee or director
1$0$0
PAUL LAWRENCEDIRECTOR
Trustee or director
1$0$0
SARAH JO LUBYDIRECTOR
Trustee or director
1$0$0
C DULANY MORISONDIRECTOR
Trustee or director
1$0$0
JONATHON NUCKLESDIRECTOR
Trustee or director
1$0$0
LILLA OHRSTROMDIRECTOR
Trustee or director
1$0$0
SALLY B PRICEDIRECTOR
Trustee or director
1$0$0
KEVIN RAMUNDODIRECTOR
Trustee or director
1$0$0
CLAUDE SCHOCHDIRECTOR
Trustee or director
1$0$0
MELISSA WINCHESTERDIRECTOR
Trustee or director
1$0$0
CHRISTOPHER C DEMATATISDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
ASHTON COLEEXECUTIVE DI
Officer
40$104,896$8,649
CHILDS F BURDENCHAIR
Trustee or director, Officer
5$0$0
POLLY L GAULTVICE CHAIR
Trustee or director, Officer
15$0$0
REBECCA MCDERMOTTTREASURER
Trustee or director, Officer
2$0$0
STEFFANIE BURGEVINSECRETARY
Trustee or director, Officer
2$0$0
JOHN BRYANTDIRECTOR
Trustee or director
1$0$0
CHRISTOPHER C DEMATATISDIRECTOR
Trustee or director
1$0$0
POLLY L GAULTDIRECTOR
Trustee or director
1$0$0
STEPHANIE L KENYONDIRECTOR
Trustee or director
1$0$0
C DULANY MORISONDIRECTOR
Trustee or director
1$0$0
JONATHON NUCKLESDIRECTOR
Trustee or director
1$0$0
LILLA OHRSTROMDIRECTOR
Trustee or director
1$0$0
SALLY B PRICEDIRECTOR
Trustee or director
1$0$0
PHILIP D PASCHALLDIRECTOR
Trustee or director
1$0$0
KEVIN RAMUNDODIRECTOR
Trustee or director
1$0$0
CLAUDE SCHOCHDIRECTOR
Trustee or director
1$0$0
BIRGE S WATKINSDIRECTOR
Trustee or director
1$0$0
MELISSA WINCHESTERDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 14, MIDDLEBURG, VA 20118-0014
Principal officer (990 for 2025)
ASHTON COLE, PO BOX 14, MIDDLEBURG, VA 20118
Signed the 990
REBECCA MCDERMOTT, TREASURER
Phone
(540) 687-8441
Return prepared by
MITCHELL BURNS & CO PC

Mission

TO OPERATE AS LTV FOR THE PURPOSE OF PROMOTING THE PRESERVATION, PROTECTION AND BALANCED USE OF NATURAL, SCENIC, AND HISTORIC RESOURCES IN THE COMMONWEALTH OF VIRGINIA THROUGH CONSERVATION EASEMENTS AND OWNERSHIP.

990 for the year ended December 31, 2025

Program accomplishments

  • ACQUIRE CONSERVATION LAND EASEMENTS AND EDUCATE THE PUBLIC ABOUT THE VALUE OF PROTECTING NATURAL AND HISTORIC RESOURCES.
    Expenses $1,454,970 · grants $1,158,500 · revenue $188,500
  • MONITOR, DEFEND, AND ENFORCE THE ACQUIRED CONSERVATION LAND EASEMENTS TO ENSURE PROTECTION IN PERPETUITY.
    Expenses $206,094
  • PUBLIC INFORMATION, EDUCATION AND OUTREACH.
    Expenses $277,927

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
54-1601471
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
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C340)
Assets (IRS master file)
$10,815,985
Income (IRS master file)
$4,843,059

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$3,350,315$2,071,709$10,815,985IRS
990December 2024$1,907,386$890,381$8,673,167XML
990December 2023$1,319,677$867,012$7,918,914XML
990December 2022$1,066,850$873,788$7,167,847IRS
990December 2021–––IRS
990December 2020–––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 54-1601471).

Questions about LAND TRUST OF VIRGINIA INC

What is the EIN of LAND TRUST OF VIRGINIA INC?
The employer identification number (EIN) of LAND TRUST OF VIRGINIA INC is 54-1601471.
Is LAND TRUST OF VIRGINIA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to LAND TRUST OF VIRGINIA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAND TRUST OF VIRGINIA 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 LAND TRUST OF VIRGINIA INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LAND TRUST OF VIRGINIA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of LAND TRUST OF VIRGINIA INC?
The 990 for the year ended December 31, 2025 names ASHTON COLE.
Who are the officers and directors of LAND TRUST OF VIRGINIA INC?
The 990 for the year ended December 31, 2025 lists 14 people; 1 received compensation from the organization, the highest $106,920 (ASHTON COLE, EXECUTIVE DI).
How much revenue does LAND TRUST OF VIRGINIA INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $3,350,315, expenses of $2,071,709 and total assets of $10,815,985 at year end.

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