Chesapeake Conservancy INC FY2020 filing

Tax-deductible

Annapolis, MD501(c)(3)Since 2008EnvironmentEIN 26-2271377Revenue $7.9M in FY2020

On file with the IRSchesapeakeconservancy.org1212 West Street, 21401-4290 · Annapolis, MDTax-exempt since Jul 2008Publicly supported charity — 170(b)(1)(A)(vi)

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501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
$594K paid to officers and key staff.
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
3 of 5
filings with a surplus
Average surplus $3.4M a year · 24% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$594K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$848K
15% of total assets
Looks good: liabilities are 15% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.9M
Spent
$8.2M
To programs
83%
Net assets
$4.9M
By yearFY2020–FY2025
Revenue
$7.9M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$7.9M
FY2021$14.0M
FY2023$24.5M
FY2024$10.4M
FY2025$14.0M
Expenses
$8.2M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$8.2M
FY2021$6.8M
FY2023$12.0M
FY2024$14.1M
FY2025$12.6M
Net assets
$4.9M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$4.9M
FY2021$12.2M
FY2023$21.5M
FY2024$18.4M
FY2025$19.8M

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 Jul 2008.

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

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $6.9M Management & general 12% · $988K Fundraising 5% · $378K

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

22 people listed on the 990; $594K paid to officers and key staff.

Part VII, Section A · reportable compensation
President and CEO
$167,841Pt VII · Sec A
Partnership Program Manager
$109,859Pt VII · Sec A
Geospatial Data Scientist
$109,722Pt VII · Sec A
Vice President of Technology
$104,247Pt VII · Sec A
Senior Vice President of Development and Business Strategy
$101,852Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Joel Dunn’s $208K as Part-Year President and CEO is at the 35th percentile of top reported officer pay among 324 $10–100M 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.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2021FY2020
Joel Dunn$208,445$189,846$185,445——
Joel E Dunn———$173,539$167,841
Edward Amyot$140,097————
Matthew Provost$133,061$125,007$119,512$105,535—
Ellen Gardner$121,325$120,307$131,128$122,858—
Michael Evans$129,410$123,638———
Joanne Couser$129,184$119,238———
Kumar Mainali$127,620$123,476$120,668$114,062$109,722

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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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

Leverages geospatial data and AI to provide actionable insights for restoring and sustaining the Chesapeake Bay's health.

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Provided by the organization

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3 programs · $6.8M · in their own filed words · FY2020
01

Conserve

More than 18 million people call the chesapeake home. As a result of associated development, thousands of acres of open space disappear each year. We are in a race against time to conserve, protect, and restore what makes the chesapeake so special before it is too late.

$4.2Mprogram expense
02

Innovate

As conservation entrepreneurs, chesapeake conservancy uses technology and innovation to practice precision conservation. We help partners with cutting-edge data, tools, knowledge and expertise to make better conservation decisions and protect and restore the places that matter, saving resources and improving results.

$1.9Mprogram expense
03

Restore

Using the high-resolution gis mapping data, the chesapeake conservancy implements precision conservation putting the right landscape restoration practices in the right places at the right scale.

$661Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$6K
Grants paid · 4 grants · $291K · 2023–2024
Unitemized GrantFY2024$6,000
The Nature ConservancyVA · FY2023$250,000
Unitemized GrantFY2023$10,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$7.9M
Ln 12
Gifts and grantsLn 1h$7.5M
Fees for servicesLn 2g$254K
Investment incomeLn 3$63K
Money outPt IX
$8.2M
Ln 25
Programscol B$6.9M
Managementcol C$988K
Fundraisingcol D$378K
Owns and owesPt X
$4.9M
net assets · Ln 32
Cash and savingsLn 1–2$2.6M
Total assetsLn 16$5.8M
LiabilitiesLn 26$848K
PeoplePt VI, VII
22
listed · VII A
PaidVII A5
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.5M
Government grantsLn 1e$2.9M
Noncash giftsLn 1g$3.2M
Fees for servicesLn 2g$254K
Investment incomeLn 3$63K
Other incomeLn 4–11$8K
Gains on assetsLn 7$39K
Total revenueLn 12$7.9M
Assets in detailPt X, end of year
CashLn 1$2.6M
Cash and savings togetherLn 1–2$2.6M
InvestmentsLn 11–13$1.4M
Land, buildings, equipmentLn 10c$25K
Other assetsLn 15$332K
Total assetsLn 16$5.8M
LiabilitiesLn 26$848K
Net assetsLn 32$4.9M
OperationsPt I, VI
EmployeesI 540
VolunteersI 613
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 FY20End FY20
Cash and savingsLn 1–2$1.7M$2.6M
InvestmentsLn 11–13$1.3M$1.4M
Land, buildings, equipmentLn 10c$40K$25K
Total assetsLn 16$6.7M$5.8M
LiabilitiesLn 26$413K$848K
Net assetsLn 32$6.3M$4.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$202K$139K$38K$25K
Other salaries and wagesLn 7$2.2M$1.5M$449K$271K
Pension plan contributionsLn 8$84K$58K$16K$10K
Other employee benefitsLn 9$201K$138K$38K$25K
Payroll taxesLn 10$174K$120K$33K$22K
Accounting feesLn 11c$30K$2K$27K$0
Investment management feesLn 11f$2K$0$2K$0
Other fees for servicesLn 11g$51K$2K$40K$8K
Office expensesLn 13$191K$82K$98K$10K
OccupancyLn 16$179K$0$179K$0
TravelLn 17$13K$10K$3K$307
Conferences, conventions and meetingsLn 19$8K$2K$6K$433
Depreciation, depletion and amortizationLn 22$15K$15K$0$0
InsuranceLn 23$12K$0$12K$0
Other expenses (24a–d)Ln 24$4.8M$4.8M$46K$6K
All other expensesLn 24e$953$655$180$118
Total functional expensesLn 25$8.2M$6.9M$988K$378K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $14.0M$12.6M$1.4M$19.8M 990 PDF
FY2024 $10.4M$14.1M−$3.7M$18.4M 990 PDF
FY2023 $24.5M$12.0M$12.5M$21.5M 990 PDF
FY2022 Not on file
FY2021 $14.0M$6.8M$7.2M$12.2M 990 PDF
FY2020 Viewing $7.9M$8.2M−$370K$4.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $7,858,689 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,239,181$7,534,562
I-9 Program service revenuePrior year $210,507$253,661
I-10 Investment incomePrior year $46,868$62,907
I-11 Other revenuePrior year $732$7,559
I-12 Total revenuePrior year $6,497,288$7,858,689
I-13 Grants and similar amounts paidPrior year $2,119,000$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,419,019$2,881,197
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,656,039$5,347,306
I-18 Total expensesPrior year $6,194,058$8,228,503
I-19 Revenue less expensesPrior year $303,230−$369,814
Part VI · Governance 17 of 17 board members independent, no flags
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $7,858,689 across 9 lines filed
VIII-1e Government grants$2,906,500
VIII-1f All other contributions, gifts and grants$4,628,062
VIII-1g Noncash contributions (included above)$3,212,559
VIII-1h Total contributions, gifts and grants$7,534,562
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$253,661
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $23,883$23,883
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $39,024$39,024
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $7,559 · Unrelated business $0 · Excluded from tax $0$7,559
VIII-12 Total revenueRelated to mission $261,220 · Unrelated business $0 · Excluded from tax $62,907$7,858,689
Part IX · Statement of functional expenses $8,228,503 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $138,531 · Management $38,138 · Fundraising $24,974$201,643
IX-7 Other salaries and wagesPrograms $1,500,996 · Management $449,088 · Fundraising $270,578$2,220,662
IX-8 Pension plan contributionsPrograms $57,875 · Management $15,933 · Fundraising $10,433$84,241
IX-9 Other employee benefitsPrograms $137,883 · Management $37,961 · Fundraising $24,857$200,701
IX-10 Payroll taxesPrograms $119,506 · Management $32,900 · Fundraising $21,544$173,950
IX-11c Accounting feesPrograms $2,168 · Management $27,468 · Fundraising $0$29,636
IX-11f Investment management feesPrograms $0 · Management $1,959 · Fundraising $0$1,959
IX-11g Other fees for servicesPrograms $2,189 · Management $40,289 · Fundraising $8,150$50,628
IX-13 Office expensesPrograms $82,499 · Management $98,302 · Fundraising $10,277$191,078
IX-16 OccupancyPrograms $0 · Management $178,727 · Fundraising $0$178,727
IX-17 TravelPrograms $9,628 · Management $3,432 · Fundraising $307$13,367
IX-19 Conferences, conventions and meetingsPrograms $1,795 · Management $5,989 · Fundraising $433$8,217
IX-22 Depreciation, depletion and amortizationPrograms $14,774 · Management $0 · Fundraising $0$14,774
IX-23 InsurancePrograms $0 · Management $11,521 · Fundraising $0$11,521
IX-24 Other expenses (24a–d)Programs $4,794,308 · Management $45,929 · Fundraising $6,209$4,846,446
IX-24e All other expensesPrograms $655 · Management $180 · Fundraising $118$953
IX-25 Total functional expensesPrograms $6,862,807 · Management $987,816 · Fundraising $377,880$8,228,503
Part X · Balance sheet $5,788,395 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $1,705,499$2,568,223
X-3 Pledges and grants receivableStart of year $2,203,532$1,428,461
X-9 Prepaid expenses and deferred chargesStart of year $44,600$44,025
X-10c Land, buildings and equipment, netStart of year $39,923$25,149
X-11 Publicly traded securitiesStart of year $1,267,285$1,390,990
X-15 Other assetsStart of year $1,431,964$331,547
X-16 Total assetsStart of year $6,692,803$5,788,395
X-17 Accounts payable and accrued expensesStart of year $66,695$542,030
X-25 Other liabilitiesStart of year $346,552$306,135
X-26 Total liabilitiesStart of year $413,247$848,165
X-27 Net assets without donor restrictionsStart of year $2,093,138$1,198,111
X-28 Net assets with donor restrictionsStart of year $4,186,418$3,742,119
X-32 Total net assets or fund balancesStart of year $6,279,556$4,940,230
X-33 Total liabilities and net assetsStart of year $6,692,803$5,788,395
Part XI · Reconciliation of net assets $4,940,230 net assets at year end
XI-1 Total revenue$7,858,689
XI-2 Total expenses$8,228,503
XI-3 Revenue less expenses−$369,814
XI-4 Net assets at start of year$6,279,556
XI-5 Net unrealized gains (losses) on investments$121,988
XI-9 Other changes in net assets−$1,091,500
XI-10 Net assets at end of year$4,940,230

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

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