Putney Mountain Association believes there is a vital link between humans and the natural environment. Our primary objectives are to strengthen that link by preserving undeveloped land in southeastern Vermont for the benefit and enjoyment of present and future generations and to protect the natural habitat and wildlife corridor of the area.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$838 paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $214K a year · 76% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$838
to officers and key staff · 0.8% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
12 mo
of spending, in cash
Plus $237K in investments, Pt X · Ln 11–13
Looks good: 12.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $47K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$121K
Spent
$102K
To programs
92%
Net assets
$1.2M
By yearFY2020–FY2025
Revenue
$121K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$121K
FY2021$224K
FY2022$468K
FY2023$28K
FY2024$90K
FY2025$755K
Expenses
$102K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$102K
FY2021$38K
FY2022$62K
FY2023$34K
FY2024$86K
FY2025$81K
Net assets
$1.2M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.2M
FY2021$1.2M
FY2022$1.6M
FY2023$1.5M
FY2024$1.3M
FY2025$2.0M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1996.

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% · $94K Management & general 5% · $5K Fundraising 3% · $3K

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

16 people listed on the 990; $838 paid to officers and key staff.

Part VII, Section A · reportable compensation
Board Member
$838Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Membe
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Hayden Lake’s $838 as Board Member is at the 0th percentile of top reported officer pay among 1990 $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.

See Putney Mountain Association Incorporated 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 undeveloped land and protects wildlife habitat for public enjoyment.

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Provided by the organization

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3 programs · $94K · in their own filed words · FY2020
01

We raised all of the funds needed to purchased two parcels of undeveloped land in dummerston, placing a conservation easement on them held jointly by the vermont land trust and the vermont housing and conservation board, protecting the properties and ensuring public access in perpetuity.

$81Kprogram expense
02

Stewardship of 765 acres of forest land and trails open to the public for outdoor recreation. Made signage and completed marking and mapping of hiking trail constructed in 2019, updated kiosk specific maps, acquired materials and began construction of "turnpike" on main summit trail, and built two bridges for stream crossings.

$11Kprogram expense
03

Scheduled environmental education to the public through lectures and outdoor walks led by knowledgeable persons in various ecological, cultural, and historical fields that unfortunately all had to be cancelled due to covid.

$2Kprogram 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
Total grants receivedfrom 5 funders$47K
See all 5 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$121K
Ln 12
Gifts and grantsLn 1h$95K
Investment incomeLn 3$26K
Money outPt IX
$102K
Ln 25
Programscol B$94K
Managementcol C$5K
Fundraisingcol D$3K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$105K
Total assetsLn 16$1.2M
LiabilitiesLn 26$0
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$95K
Government grantsLn 1e$10K
Noncash giftsLn 1g$28K
Investment incomeLn 3$26K
Total revenueLn 12$121K
Assets in detailPt X, end of year
CashLn 1$87K
SavingsLn 2$18K
Cash and savings togetherLn 1–2$105K
InvestmentsLn 11–13$237K
Land, buildings, equipmentLn 10c$845K
Total assetsLn 16$1.2M
LiabilitiesLn 26$0
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$111K$105K
InvestmentsLn 11–13$212K$237K
Land, buildings, equipmentLn 10c$845K$845K
Total assetsLn 16$1.2M$1.2M
LiabilitiesLn 26$0$0
Net assetsLn 32$1.2M$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$3K$3K
Investment management feesLn 11f$2K$2K
Office expensesLn 13$4K$1K$334$3K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$86K$86K
All other expensesLn 24e$1K$1K$180$23
Total functional expensesLn 25$102K$94K$5K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $755K$81K$674K$2.0M 990 PDF
FY2024 $90K$86K$4K$1.3M 990 PDF
FY2023 $28K$34K−$6K$1.5M 990 PDF
FY2022 $468K$62K$407K$1.6M 990 PDF
FY2021 $224K$38K$186K$1.2M 990 PDF
FY2020 Viewing $121K$102K$19K$1.2M 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 M · Noncash O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $120,891 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $74,491$94,727
I-9 Program service revenue$0
I-10 Investment incomePrior year $30,485$26,164
I-11 Other revenue$0
I-12 Total revenuePrior year $104,976$120,891
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $13,775$101,858
I-18 Total expensesPrior year $13,775$101,858
I-19 Revenue less expensesPrior year $91,201$19,033
Part VI · Governance 16 of 16 board members independent, 4 to look at
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $120,891 across 6 lines filed
VIII-1e Government grants$9,730
VIII-1f All other contributions, gifts and grants$84,997
VIII-1g Noncash contributions (included above)$28,019
VIII-1h Total contributions, gifts and grants$94,727
VIII-3 Investment incomeExcluded from tax $26,164$26,164
VIII-12 Total revenueExcluded from tax $26,164$120,891
Part IX · Statement of functional expenses $101,858 across 7 lines filed
IX-11b Legal feesPrograms $2,247$2,247
IX-11c Accounting feesManagement $2,755$2,755
IX-11f Investment management feesManagement $2,064$2,064
IX-13 Office expensesPrograms $1,176 · Management $334 · Fundraising $2,576$4,086
IX-23 InsurancePrograms $3,859$3,859
IX-24 Other expenses (24a–d)Programs $85,558$85,558
IX-24e All other expensesPrograms $1,086 · Management $180 · Fundraising $23$1,289
IX-25 Total functional expensesPrograms $93,926 · Management $5,333 · Fundraising $2,599$101,858
Part X · Balance sheet $1,186,933 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $42,931$87,149
X-2 Savings and temporary cash investmentsStart of year $68,115$18,145
X-10c Land, buildings and equipment, netStart of year $845,090$845,090
X-11 Publicly traded securitiesStart of year $211,764$236,549
X-16 Total assetsStart of year $1,167,900$1,186,933
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $1,167,900$1,186,933
X-32 Total net assets or fund balancesStart of year $1,167,900$1,186,933
X-33 Total liabilities and net assetsStart of year $1,167,900$1,186,933
Part XI · Reconciliation of net assets $1,186,933 net assets at year end
XI-1 Total revenue$120,891
XI-2 Total expenses$101,858
XI-3 Revenue less expenses$19,033
XI-4 Net assets at start of year$1,167,900
XI-10 Net assets at end of year$1,186,933

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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