To preserve the ecosystem and pristine waters of Chocorua Lake, protect the natural resources and conservation values of the Chocorua Lake basin, maintain trails on mount Chocorua and surrounding lands, and provide welcoming access to Chocorua Lake for nearby residents, visitors, and future generations.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $87K a year · 22% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
7 mo
of spending, in cash
Plus $2.5M in investments, Pt X · Ln 11–13
Looks good: 6.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $102K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$3K
0.09% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$254K
-9% vs prior year
Spent
$161K
To programs
92%
Net assets
$3.5M
By yearFY2020–FY2024
Revenue
$254K
FY2021▼ -9%
Tap a bar for its year
Revenue by fiscal year
FY2020$279K
FY2021$254K
FY2022$361K
FY2023$379K
FY2024$728K
Expenses
$161K
FY2021▼ -21%
Tap a bar for its year
Expenses by fiscal year
FY2020$203K
FY2021$161K
FY2022$245K
FY2023$305K
FY2024$652K
Net assets
$3.5M
FY2021▲ +14%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.1M
FY2021$3.5M
FY2022$3.3M
FY2023$3.7M
FY2024$4.1M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Exemption reinstated (2010-11-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Aug 2012.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $148K Management & general 3% · $5K Fundraising 5% · $8K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Chocorua Lake Conservancy executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves Chocorua Lake's ecosystem, protects basin resources, maintains trails, and provides public access.

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Provided by the organization

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3 programs · $148K · in their own filed words · FY2021
01

Education & Outreach

In the second year of covid, continued collaboration with a large group of environmental & outdoor organizations on a series of environmentally-themed community forums, including online through winter & spring.

$51Kprogram expense
02

Land Conservation

Completed monitoring of covented and fee-owned properties for compliance with conservation obligations. Negotiations were completed that finalized the donation of two parcels of 45 and 75 acres in the washington hill area.

$51Kprogram expense
03

Lake and Property Management

Formal opening of the public viewing area of the chocorua lake basin & MT chocorua was celebrated. Continued work to mitigate the pressures of public use of the eastern shore of chocorua lake intensified by the covid ERA.MONITORING of lake water quality, maintenance of the berms & swales to prevent adverse run-off to the lake, removal of…

$47Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$254K
Ln 12
Gifts and grantsLn 1h$201K
Investment incomeLn 3$53K
Other incomeLn 4–11$777
Money outPt IX
$161K
Ln 25
Programscol B$148K
Managementcol C$5K
Fundraisingcol D$8K
Owns and owesPt X
$3.5M
net assets · Ln 32
Cash and savingsLn 1–2$90K
Total assetsLn 16$3.5M
LiabilitiesLn 26$3K
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$201K
Government grantsLn 1e$17K
Noncash giftsLn 1g$10K
Investment incomeLn 3$53K
Other incomeLn 4–11$777
Gains on assetsLn 7$15K
Total revenueLn 12$254K
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$90K
Cash and savings togetherLn 1–2$90K
InvestmentsLn 11–13$2.5M
Land, buildings, equipmentLn 10c$952K
Total assetsLn 16$3.5M
LiabilitiesLn 26$3K
Net assetsLn 32$3.5M
OperationsPt I, VI
EmployeesI 59
VolunteersI 6170
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$74K$90K
InvestmentsLn 11–13$2.1M$2.5M
Land, buildings, equipmentLn 10c$952K$952K
Total assetsLn 16$3.1M$3.5M
LiabilitiesLn 26$19K$3K
Net assetsLn 32$3.1M$3.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$86K$86K
Other employee benefitsLn 9$816$816
Payroll taxesLn 10$7K$7K
Legal feesLn 11b$12K$12K
Accounting feesLn 11c$600$600
Other fees for servicesLn 11g$9K$9K$87
Advertising and promotionLn 12$509$459$50
Office expensesLn 13$16K$9K$300$8K
Information technologyLn 14$4K$3K$135$644
OccupancyLn 16$7K$7K
TravelLn 17$409$409
Conferences, conventions and meetingsLn 19$4K$3K$906
InsuranceLn 23$2K$1K$927
Other expenses (24a–d)Ln 24$12K$10K$2K
Total functional expensesLn 25$161K$148K$5K$8K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $728K$652K$76K$4.1M 990 PDF
FY2023 $379K$305K$74K$3.7M 990 PDF
FY2022 $361K$245K$116K$3.3M 990 PDF
FY2021 Viewing $254K$161K$93K$3.5M 990 PDF
FY2020 $279K$203K$76K$3.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $254,498 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $232,296$200,792
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $45,451$52,929
I-11 Other revenuePrior year $1,403$777
I-12 Total revenuePrior year $279,150$254,498
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $87,240$94,411
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $115,623$66,849
I-18 Total expensesPrior year $202,863$161,260
I-19 Revenue less expensesPrior year $76,287$93,238
Part VI · Governance 12 of 12 board members independent, 1 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $254,498 across 8 lines filed
Lines not itemized here account for $777 of total revenue; see the IRS return.
VIII-1b Membership dues$27,650
VIII-1e Government grants$16,505
VIII-1f All other contributions, gifts and grants$156,637
VIII-1g Noncash contributions (included above)$9,611
VIII-1h Total contributions, gifts and grants$200,792
VIII-3 Investment incomeExcluded from tax $38,007$38,007
VIII-7 Net gain or loss on sales of assetsExcluded from tax $14,922$14,922
VIII-12 Total revenueRelated to mission $777 · Unrelated business $0 · Excluded from tax $52,929$254,498
Part IX · Statement of functional expenses $161,260 across 14 lines filed
IX-7 Other salaries and wagesPrograms $86,207$86,207
IX-9 Other employee benefitsPrograms $816$816
IX-10 Payroll taxesPrograms $7,388$7,388
IX-11b Legal feesPrograms $11,598$11,598
IX-11c Accounting feesManagement $600$600
IX-11g Other fees for servicesPrograms $8,787 · Management $87$8,874
IX-12 Advertising and promotionPrograms $459 · Fundraising $50$509
IX-13 Office expensesPrograms $8,637 · Management $300 · Fundraising $7,520$16,457
IX-14 Information technologyPrograms $2,759 · Management $135 · Fundraising $644$3,538
IX-16 OccupancyPrograms $6,800$6,800
IX-17 TravelPrograms $409$409
IX-19 Conferences, conventions and meetingsPrograms $2,685 · Management $906$3,591
IX-23 InsurancePrograms $1,481 · Management $927$2,408
IX-24 Other expenses (24a–d)Programs $9,690 · Management $2,375$12,065
IX-25 Total functional expensesPrograms $147,716 · Management $5,330 · Fundraising $8,214$161,260
Part X · Balance sheet $3,545,482 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $1,003$0
X-2 Savings and temporary cash investmentsStart of year $72,974$89,549
X-10c Land, buildings and equipment, netStart of year $952,013$952,013
X-11 Publicly traded securitiesStart of year $2,090,524$2,503,920
X-16 Total assetsStart of year $3,116,514$3,545,482
X-17 Accounts payable and accrued expensesStart of year $3,248$3,248
X-24 Unsecured notes and loans payableStart of year $16,000$0
X-26 Total liabilitiesStart of year $19,248$3,248
X-32 Total net assets or fund balancesStart of year $3,097,266$3,542,234
X-33 Total liabilities and net assetsStart of year $3,116,514$3,545,482
Part XI · Reconciliation of net assets $3,542,234 net assets at year end
XI-1 Total revenue$254,498
XI-2 Total expenses$161,260
XI-3 Revenue less expenses$93,238
XI-4 Net assets at start of year$3,097,266
XI-5 Net unrealized gains (losses) on investments$351,730
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,542,234

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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