Chestnut Hill Conservancy EIN 23-6430559 Form 990 (PDF) Claim this org

Chestnut Hill Conservancy FY2024 filing

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Preserves historic buildings, architecture, culture, and open spaces that define Chestnut Hill's character. For fiscal year 2024 it reported $526K in revenue, $661K in expenses, and $2.2M in net assets.Pt I

Founded
1967
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Philadelphia, PA
Website
www.chconservancy.org
Filings
5 on file (2020–2024)
Revenue
$526KFY2024
Expenses
$661K
Net assets
$2.2M
People
30
Filings
5
Updates
0
More identity details & actions ⌄
EIN  23-6430559 Public charity (501(c)(3)) Philadelphia, PA Founded 1967
Form 990 (PDF)
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Size
$100K–1M
What they do
Preserves historic buildings, architecture, culture, and open spaces that define Chestnut Hill's character.
Leadership
Lori Salganicoff · Executive Director · $90K
Money in and out
$526K revenue, $661K expenses
Bottom line
63% program efficiency
Where the money goes · FY2024
Total revenue
$526K
Pt VIII · Ln 12
Total expenses
$661K
Pt IX · Ln 25
Net assets
$2.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$134K
Where spending went · Part IX cols B–D
Program services $0.63 Management & general $0.26 Fundraising $0.11
Program efficiency
63%
of spending reaches programs
Operating runway
33.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
-26%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$526K
FY2024▼ -6%
Expenses
$661K
FY2024▲ +21%
Total assets
$2.2M
FY2024+0.3%
Total liabilities
$629
FY2024
Total revenue
$526K
Pt VIII · Ln 12
Total expenses
$661K
Pt IX · Ln 25
Net assets
$2.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$134K
Total assetsPt X · Ln 16$2.2M
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 321
Independent voting membersPt I · Ln 421

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChestnut Hill Conservancy
EINHdr · item D23-6430559
Principal addressHdr · item CPhiladelphia, PA
WebsiteHdr · item Jwww.chconservancy.org
Year of formationHdr · item L1967
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A82Z)
Ruling yearIRS BMFAug 1968

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a21
Independent voting membersPt VI · Ln 1b21
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$90,200Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary (term. 12/23)
$0Pt VII · Sec A
VP Preservation
$0Pt VII · Sec A
VP Development
$0Pt VII · Sec A
VP Programs
$0Pt VII · Sec A
$0Pt VII · Sec A

Lori Salganicoff’s $109K as Executive Dir. (til 12/24) is at the 92nd percentile of top reported officer pay among 2215 $100K–1M arts & culture 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.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Lori Salganicoff$108,700$90,200
Lori P Salganicoff$90,200$81,438$79,876$77,974
David Gest$9,850

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

2 program services account for $418K of program spending, described in the organization's own filed words · FY2023.
01

Open space conservation, historic preservation, archival collections and education.

$418Kprogram expense
02

Maintenance of historic building, 8708 germantown avenue, philadelphia, pa 19118.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$513K · 97%
Investment income$38K · 7%
Contributions & grants97%$513K
Investment income7%$38K
Total revenueLn 12$526K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.26 Fundraising $0.11
Program services63%$418K
Management & general26%$171K
Fundraising11%$71K
Total functional expensesLn 25$661K

Balance Sheet

Part X · end of year
CashLn 1$401K
Total assetsLn 16$2.2M
Total liabilitiesLn 26$629
Total net assetsLn 32$2.2M
Months of cash on handcomputed7.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.8M · Operating expenses/yr $661K
33.6 months
Where the money goes
Program services
Program services $418K · Total expenses $661K
63%
Management & General
Management & general $171K · Total expenses $661K
26%
Fundraising
Fundraising $71K · Total expenses $661K
11%
Cost to raise $1
Fundraising expense (3-yr avg) $61K · Solicited contributions (3-yr avg) $524K
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $513K · Total revenue $526K
97%
Government reliance
Government grants — · Total revenue $526K
Earned-income share
Program service revenue $0 · Total revenue $526K
0%
Investment reliance
Investment income $38K · Total revenue $526K
+7%
Program self-sufficiency
Program service revenue $0 · Total expenses $661K
0%
Growth & trend
Revenue growth (YoY)
This year $526K · Prior year $562K
-6%
Revenue CAGR
FY2019 $515K · FY2023 $526K
+0.5%
Net-asset trend (YoY)
End of year $2.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $526K · Expenses $661K
-26%
Liabilities-to-Assets
Total liabilities — · Total assets $2.2M
Net-asset ratio
Net assets $2.2M · Total assets $2.2M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.4M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $2.2M
67%
People & payroll
Highest Reported Total Compensation
Individual Lori Salganicoff · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $90K · Total expenses $661K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $427K · Total expenses $661K
65%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 63%
Overhead ratio 26%
Fundraising cost ratio 14%
Revenue growth -6%
Investment management fee ratio 0.5%
Legal fee ratio 2%
Accounting fee ratio 2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 8 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$526K revenue · viewing · ⤓ 990 PDF
FY2023$562K revenue · ⤓ 990 PDF
FY2022$763K revenue · ⤓ 990 PDF
FY2021$642K revenue · ⤓ 990 PDF
FY2020$515K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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