Nonprofit · EIN 06-1337421
EQUITY TRUST INC
Tax-exempt · AMHERST, MA 01004
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $708,530 | $519,083 | $189,447 | $7,829,568 | $5,316,689 | $2,512,879 |
| December 31, 2024 | 990 | $450,097 | $351,829 | $98,268 | $6,734,675 | $4,411,243 | $2,323,432 |
| December 31, 2023 | 990 (amended) | $595,867 | $382,373 | $213,494 | $6,582,486 | $4,357,322 | $2,225,164 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $535,160
- Program service revenue
- $132,850
- Investment income
- $40,520
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $40,800
- Compensation of officers, directors and key employees
- $68,438
- Other salaries and wages
- $245,087
- Salaries, compensation and benefits (total)
- $370,772
- Professional fundraising fees
- $0
- Accounting fees
- $9,400
- Occupancy
- $10,200
- Travel
- $5,436
- Program services (functional)
- $380,527
- Management and general (functional)
- $110,239
- Fundraising (functional)
- $28,317
Balance sheet and other
- Total assets, start of year
- $6,734,675
- Total assets, end of year
- $7,829,568
- Total liabilities, end of year
- $5,316,689
- Net assets, end of year
- $2,512,879
- Net assets without donor restrictions
- $887,856
- Net assets with donor restrictions
- $1,625,023
- Gross receipts
- $708,530
- Employees
- 5
- Volunteers
- 10
- Year formed
- 1991
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES OLDHAM | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $68,438 | $5,886 |
| SCOTT REED | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JODY BOLLUYT | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| RUSSELL FOX | CLERK Trustee or director, Officer | 1 | $0 | $0 |
| DANIEL ROSENBERG | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| REBECCA FLETCHER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MADELINE MILLER | CLERK *PAST* Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL WALLACE | DIRECTOR *PAST* Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES OLDHAM | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $65,299 | $6,457 |
| RUSS FOX | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL WALLACE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT REED | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JODY BOLLUYT | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| DANIEL ROSENBERG | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MADELINE MILLER | CLERK Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES OLDHAM | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $64,164 |
| RUSS FOX | DIRECTOR Trustee or director | 2 | $0 |
| MICHAEL WALLACE | DIRECTOR Trustee or director | 2 | $0 |
| SCOTT REED | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JODY BOLLUYT | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| DANIEL ROSENBERG | TREASURER Trustee or director, Officer | 2 | $0 |
| MADELINE MILLER | CLERK Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 746, AMHERST, MA 01004-0746
- Principal officer (990 for 2025)
- JAMES OLDHAM, PO BOX 746, AMHERST, MA 01004
- Signed the 990
- JAMES OLDHAM, EXECUTIVE DIRECTOR
- Phone
- (413) 256-6161
- Website
- EQUITYTRUST.ORG
- Return prepared by
- BOISSELLE MORTON & WOLKOWICZ LLP
Mission
TO PROMOTE AND PROVIDE ACCESS TO LAND, HOUSING, CAPITAL, AND ECONOMIC OPPORTUNITIES FOR DISADVANTAGED AND LOW-INCOME PEOPLE; TO PROMOTE THE CONSERVATION OF LAND AND NATURAL RESOURCES; AND RELATED CHARITABLE AND EDUCATIONAL PURPOSES.
Program accomplishments
- EQUITY TRUST FUND: ENABLING SOCIALLY CONSCIOUS LENDERS AND DONORS TO SUPPORT THE PRESERVATION OF AFFORDABLE WORKING FARMS, THE DEVELOPMENT OF AFFORDABLE HOUSING, AND THE IMPLEMENTATION OF OTHER SOCIALLY BENEFICIAL AND ENVIRONMENTALLY SUSTAINABLE PROJECTS. THE FUND ADDED THREE NEW PROJECTS IN 2025. THE CURRENT PORFOLIO AS OF THE END OF THE YEAR INCLUDED THIRTY-THREE PROJECTS REPRESENTING THE FULL RANGE OF THE FUND'S MISSION.Expenses $129,670 · grants $30,800 · revenue $123,398
- EDUCATION AND TECHNICAL ASSISTANCE TO PROMOTE THE ESTABLISHMENT AND SUSTAINABILITY OF ENVIRONMENTALLY SOUND FARMS THAT BENEFIT THEIR LOCAL COMMUNITIES. SUPPORT ACCESS TO FARMLAND FOR HISTORICALLY MARGINALIZED PEOPLE AND COMMUNITIES AND THE PERMANENT PROTECTION OF FARMLAND AND FARM INFRASTRUCTURE AND THEIR AFFORDABILITY FOR WORKING FARMERS. IN 2025, EQUITY TRUST'S WORK FOCUSED ON FARM LAND ACCESS FOR FARM WORKERS AND IMMIGRANT FARMERS; GUIDANCE TO LAND TRUSTS AND LAND OWNERS ON INNOVATIVE STRATEGIES FOR PROTECTING AND STEWARDING WORKING FARMS; AND RESPONDING TO ASSISTANCE REQUESTS FROM COMMUNITY GROUPS, FARMERS, LAND OWNERS, AND LAND TRUSTS FROM AROUND THE COUNTRY.Expenses $73,606 · revenue $2,870
- EDUCATION AND TECHNICAL ASSISTANCE TO EXISTING AND EMERGING COMMUNITY LAND TRUSTS WITH A MISSION TO HOLD AND STEWARD LAND FOR PERMANENTLY AFFORDABLE HOUSING, FOOD PRODUCTION, LOCAL ENTERPRISES, AND/OR COMMUNITY SPACE; SUPPORT FOR GROUPS ENGAGED IN DEVELOPMENT OF COMPLEMENTARY STRATEGIES FOR COMMUNITY STEWARDSHIP OF LAND AND PROPERTY.Expenses $83,750 · revenue $1,533
- PROPERTY AND VALUES: EDUCATION ABOUT AND PROMOTION OF COMMUNITY FORMS OF LAND OWNERSHIP, DECOMMODIFICATION OF LAND, REPAIRING HISTORIC LAND THEFT, AND ECONOMICS BASED ON PRINCIPLES OF SOCIAL JUSTICE AND ENVIRONMENTAL SUSTAINABILITY.Expenses $62,321 · grants $10,000
- PROPERTY STEWARDSHIP: EQUITY TRUST OWNS AND STEWARDS PERMANENTLY PRESERVED AND AFFORDABLE FARM PROPERTIES IN NEW YORK AND NEW HAMPSHIRE, HOLDS CONSERVATION EASEMENTS PERMANENTLY PROTECTING FARM PROPERTIES IN CALIFORNIA AND MASSACHUSETTS, AND SUPPORTS AFFORDABLE HOUSING BY STEWARDING LAND AND HOLDING AFFORDABILITY RESTRICTIONS IN MASSACHUSETTS AND CONNECTICUT.Expenses $31,180 · revenue $5,049
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 06-1337421
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A20Z)
- Assets (IRS master file)
- $7,829,568
- Income (IRS master file)
- $708,530
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $708,530 | $519,083 | $7,829,568 | XML |
| 990 | December 2024 | $450,097 | $351,829 | $6,734,675 | XML |
| 990 | December 2023 | $595,867 | $382,373 | $6,582,486 | XML |
| 990 | December 2022 | $420,144 | $211,803 | $6,434,499 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-1337421).
Questions about EQUITY TRUST INC
- What is the EIN of EQUITY TRUST INC?
- The employer identification number (EIN) of EQUITY TRUST INC is 06-1337421.
- Is EQUITY TRUST INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to EQUITY TRUST INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EQUITY TRUST INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of EQUITY TRUST INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EQUITY TRUST INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of EQUITY TRUST INC?
- The 990 for the year ended December 31, 2025 names JAMES OLDHAM.
- Who are the officers and directors of EQUITY TRUST INC?
- The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $68,438 (JAMES OLDHAM, EXECUTIVE DIRECTOR).
- How much revenue does EQUITY TRUST INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $708,530, expenses of $519,083 and total assets of $7,829,568 at year end.
Other nonprofits in AMHERST
- NATIONAL YIDDISH BOOK CENTER INC EIN 04-2708878 · last filed 990 for 2025
- ERIC CARLE MUSEUM OF PICTURE BOOK ART INC EIN 04-3542086 · last filed 990 for 2025
- AMHERST CINEMA ARTS CENTER INC EIN 04-3456950 · last filed 990 for 2025
- LAW AND SOCIETY ASSOCIATION EIN 23-7454766 · last filed 990 for 2025
- RESTLESS BOOKS INC EIN 81-4890403 · last filed 990 for 2024
- LIBRARY OF AMERICAN LANDSCAPE HISTORY INC EIN 22-3222087 · last filed 990 for 2024
- OPEN FIELD FOUNDATION BRAMBLE HILL FARM EIN 04-3313646 · last filed 990-PF for 2024
- HISTORIANS OF NETHERLANDISH ART INC EIN 13-3470508 · last filed 990 for 2024
All nonprofits in AMHERST · Massachusetts · Arts, culture and humanities