Capital Region Land Conservancy Inc

What it reported doing in 2024

Form 990, part iii line 4d, other program service accomplishments: the conservancy owns ten fee-simple properties on 12/31/24. These properties consist of the following: 1. Approximately 6 forested acres in chesterfield county known as the cowan islands comprised of 3 islands in the scenic appomattox river that are visible from nearby parks in chesterfield county and dinwiddie county and integral to the appomattox river trail master plan. 2. 44.75 acres in henrico county on long bridge road known as the long bridge road and bradbury road tract. The conservancy purchased 38.5 acres in 2020 and granted a conservation easement on these 38.5 acres to the Virginia board of historic resources in 2021.the conservancy purchased another 6.25 acres in 2024 and is working to record a conservation easement with dhr on it. The property contains archaeological potential to understand significant historic themes associated with the rise of a regional stoneware pottery industry and changes in african american settlement patterns and communities in the region from the antebellum period through the civil war, reconstruction and into the twentieth century. 3. 13.19 acres in the city of richmond known as warwick road that is planned as a future public open space and property planned to be transferred to the city of richmond with crlc holding a conservation easement upon its transfer. The property contains 2.2 acres of wetlands and 2,367 feet along grindall creek. As a future park, the property will serve more than 2,000 residents within a 10-minute walk of their home. 4. 353 acres in henrico county known as the varina landlab, donated to crlc land holdings inc - the conservancy's disregarded entity - for its historic resources and water quality benefits, the acquisition of which allows for public access and ecological restoration and research opportunities. Prior to receipt of the donation of the property it was previously protected with conservation easements held by the conservancy. 5. 104.29 acres, consisting of three contiguous parcels, in henrico county on new market and kingsland roads known as four mile creek farm. The property contains 36.3 acres of prime farmland, 5,314 feet along four mile creek, 2,097 feet along an unnamed tributary, and is within the core of new market heights battlefield and the congressional boundary of the national park service's richmond national battlefield park. 28.1 acres were gifted to the conservancy in 2022. The conservancy purchased another 76.19 acres of adjoining land in 2024. 6. 37.56 acres in chesterfield county, 0.934 acres in colonial heights, and 1.858 acres in city of petersburg purchased by the conservancy for future public parks and extension of the appomattox river trail. The conservancy granted a conservation easement to the Virginia outdoors foundation on the land in colonial heights in 2022. In 2023, the conservancy granted a conservation easement to the Virginia outdoors foundation on 34.645 acres in chesterfield county and the islands in the appomattox river located within chesterfield county and the city of petersburg. The conservancy granted a conservation easement on 3.5 acres of the land in chesterfield county to the Virginia board of historic resources in 2024. 0.664 acres were transferred to friends of the lower appomattox river and protected by a conservation easement in 2024. Subsequently, all but the 0.934 acres in colonial heights was transferred to chesterfield county for a future park with trails and water access points. 7. 3.46 acres in the city of richmond known as rogers woods that is intended as a future public open space and property planned to be transferred to the city of richmond for inclusion in the james river park system with the conservancy and Virginia department of conservation and recreation co-holding a conservation easement upon its transfer. 8. 49.09 acres in henrico county off new market road known as the haskins tract. The property contains 2,300 feet along an

Financial Efficiency

• Mission deployment rate: 40.1%; rating input score 40
• Program expense ratio: 94.8%; rating input score 95
• Fundraising efficiency: $170.06 raised per $1 spent on fundraising; rating input score 91; 91st percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 34.7%; rating input score 87; 87th percentile among comparable filings
• Total-asset coverage ratio: 3.57; rating input score 78; 78th percentile among comparable filings
• Liabilities to assets ratio: 0.03; rating input score 77; 77th percentile among comparable filings
• Officer compensation ratio: 3%; rating input score 68; 68th percentile among comparable filings

Growth

• Program expense growth: 11.8% per year; rating input score 100; 70th percentile among comparable filings
• Revenue growth: 22.6% per year; rating input score 100; 90th percentile among comparable filings
• Asset growth: 27.8% per year; rating input score 100; 92nd percentile among comparable filings