Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1966.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
80 cents of each dollar spent went to programs.
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
13 people listed on the 990.
Adair Mulligan’s $95K as Executive Director is at the 76th percentile of top reported officer pay among 1989 $100K–1M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
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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 15aYes
Programs and updates
Protects and promotes appreciation for local land and water resources.
Questions for Hanover Conservancy
Your first name shows with your question. Hanover Conservancy answers here, for everyone.
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Land conservation-we acquired a major 140-ACRE conservation property on moose mountain, and prepared to accept a conservation easement on nathan's garden, a naturalized space, near downtown. We began work on three projects to expand the appalachian trail corridor and protect valuable habitat.
Education and outreach-the hanover conservancy reaches out to the community to engage it in land conservation and stewardship. This year the conservancy continued to recruit and train new volunteers and provide information on important conservation issues through its comprehensive website, electronic newsletters and community activities.
Land stewardship-the conservancy has seven major fee land holdings, including the 112 acre mink brook nature preserve, the 113 acre greensboro ridge natural area, 22 acres at the balch hill natural area, the 38 acre lower slade brook natural area, the 92-ACRE mayor-niles forest, the 79-ACRE britton forest, and 140-ACRE headwaters forest.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $300K | $369K |
| InvestmentsLn 11–13 | $1.9M | $2.3M |
| Land, buildings, equipmentLn 10c | $887K | $1.6M |
| Total assetsLn 16 | $3.1M | $4.5M |
| LiabilitiesLn 26 | $0 | $15K |
| Net assetsLn 32 | $3.1M | $4.5M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $143K | $101K | $29K | $12K |
| Pension plan contributionsLn 8 | $4K | $3K | $789 | $338 |
| Payroll taxesLn 10 | $10K | $7K | $2K | $911 |
| Accounting feesLn 11c | $12K | $9K | $2K | $1K |
| Investment management feesLn 11f | $7K | $7K | ||
| Office expensesLn 13 | $10K | $5K | $992 | $4K |
| OccupancyLn 16 | $14K | $10K | $3K | $1K |
| TravelLn 17 | $608 | $608 | ||
| Depreciation, depletion and amortizationLn 22 | $351 | $351 | ||
| InsuranceLn 23 | $5K | $3K | $2K | |
| Other expenses (24a–d)Ln 24 | $135K | $134K | $525 | |
| All other expensesLn 24e | $10K | $9K | $566 | $109 |
| Total functional expensesLn 25 | $351K | $282K | $48K | $21K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $573K | $286K | $287K | $5.0M | 990 PDF |
| FY2024 Viewing | $1.4M | $351K | $1.0M | $4.5M | 990 PDF |
| FY2023 | $422K | $214K | $208K | $3.1M | 990 PDF |
| FY2022 | $893K | $214K | $679K | $2.8M | 990 PDF |
| FY2021 | $399K | $234K | $165K | $2.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $1,383,330 revenue, 12 lines filed
Part VI · Governance 13 of 13 board members independent, no flags
Part VIII · Statement of revenue $1,383,330 across 6 lines filed
Part IX · Statement of functional expenses $350,893 across 12 lines filed
Part X · Balance sheet $4,509,142 assets, 13 lines filed
Part XI · Reconciliation of net assets $4,494,269 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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