2024-02-08T13:32:58-06:00 2023-06-30 950858589 HUTCHINSON & BLOODGOOD LLP 200 EAST CARRILLO STREET SUITE 303 SANTA BARBARA CA 93101 990 2022-07-01 953797404 THE LAND TRUST FOR SANTA BARBARA COUNTY LAND 8059664520 PO BOX 91830 SANTA BARBARA CA 93190 JOSEPH WEILAND BOARD PRESIDENT 8059664520 2024-01-26 1 JOSEPH WEILAND 999009999 0 JESSICA MOITOZA P01282487 8059631837 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOSEPH WEILAND PO BOX 91830 SANTA BARBARA CA 93190 10718374 0 X WWW.SBLANDTRUST.ORG X 1982 CA TO CONSERVE NATURAL RESOURCES, AGRICULTURAL LAND & OPEN SPACES FOR PRESENT & FUTURE GENERATIONS. 14 14 25 130 0 0 16614788 4468181 0 0 1007588 350300 255838 34130 17878214 4852611 0 0 0 0 1334994 1546121 12500 30000 450443 14113321 1079971 15460815 2656092 2417399 2196519 18209315 21119220 200432 156947 18008883 20962273 X THE LAND TRUST FOR SANTA BARBARA COUNTY CONSERVES NATURAL RESOURCES, AGRICULTURAL LAND, AND OPEN SPACES FOR THE BENEFIT OF PRESENT AND FUTURE GENERATIONS. 0 0 982143 ACQUISITION: LTSBC ENGAGES IN THE ACQUISITION OF CONSERVATION LAND AND EASEMENT INTERESTS. WE CONDUCT GENERAL OUTREACH WITHIN THE COUNTY TO POTENTIAL TRANSACTION PARTNERS AND LANDOWNERS. WE RESPOND TO LANDOWNER AND AGENCY INQUIRIES AND PARTNER WITH OTHER CONSERVATION ORGANIZATIONS IN FURTHERANCE OF OUR MISSION. WE SEEK CONSERVATION FUNDING AND MATCH CONSERVATION TRANSACTIONS TO APPROPRIATE FUNDING SOURCES. WE FOLLOW THE LAND TRUST ALLIANCE STANDARDS & PRACTICES FOR OUR TRANSACTIONS. 300818 STEWARDSHIP: LTSBC MAINTAINS A PERPETUAL OBLIGATION TO ENSURE THE PUBLIC BENEFITS OF RESOURCE PROTECTION ARE UPHELD FOR EACH OF OUR CONSERVATION EASEMENTS AND FEE TITLE PROPERTIES. WE CONDUCT ANNUAL MONITORING AND COMPLIANCE ACTIVITIES ON ALL OF OUR FEE TITLE AND CONSERVATION EASEMENT PROPERTIES TO ENSURE THE CONSERVATION VALUES ARE PRESERVED. WE UNDERTAKE RESTORATION WORK ON PROPERTIES TO REPAIR OR ENHANCE HABITAT VALUE. 450255 EDUCATION & OUTREACH: LTSBC ENGAGES IN PUBLIC EDUCATION, LAND USE AND INTERPRETIVE PROGRAMS IN SERVICE TO OUR MISSION. IN ADDITION, WE UNDERTAKE EFFORTS TO EXPAND OUR PARTNERSHIPS THROUGH COMMUNITY OUTREACH. THIS INCLUDES THE CONSERVATION BLUEPRINT, A COLLABORATIVE UNDERTAKING TO PROVIDE A COUNTY-WIDE, SCIENCE-BASED, DECISION-MAKING PLATFORM FOR CONSERVATION AND LAND PROTECTION TO IDENTIFY OPPORTUNITIES AND NEEDS FOR LAND CONSERVATION, RESTORATION AND STEWARDSHIP. WE ALSO OFFER LAND TRUST TREKS, A FREE HIKING AND WALKING PROGRAM. WE OFFER PROGRAMMING IN ENGLISH AND SPANISH AT ARROYO HONDO PRESERVE ON TOPICS SUCH AS FIRE AND STREAM ECOLOGY. WE WORK WITH SCHOOLS AND OTHER NGOS TO OFFER NATURE EXPERIENCES AND ACCESS TO THE PRESERVE IS FREE. 253338 PRESERVES: THE LTSBC CONSERVES LAND IN PERPETUITY FOR NATURAL RESOURCE PROTECTION, PRESERVATION OF AGRICULTURE, AND FOR RECREATION THROUGH CONSERVATION EASEMENT AND FEE TITLE TRANSACTIONS. WE OWN THE FOLLOWING NATURE PRESERVES: CARPINTERIA SALT MARSH PRESERVE, ARROYO HONDO PRESERVE, CORONADO BUTTERFLY PRESERVE AND HOT SPRINGS CANYON. IN 2022 WE PURCHASED THE GAVIOTA OVERLOOK PROPERTY WHICH HAS BEEN ADDED TO THE ARROYO HONDO PRESERVE. 253338 1986554 1 1 0 0 0 0 1 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 1 22 0 25 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X LISA MACKER 8059664520 1530 CHAPALA STREET A SANTA BARBARA CA 93101 JOSEPH WEILAND PRESIDENT 5.00 X X 0 0 0 JIM PHILLIPPI VICE PRESIDENT 3.00 X X 0 0 0 ANN LIPPINCOTT SECRETARY 3.00 X X 0 0 0 SCOTT VAN DER KAR TREASURER 3.00 X X 0 0 0 JIM HAMMOCK TRUSTEE 2.00 X 0 0 0 CAROLYN CHANDLER TRUSTEE 2.00 X 0 0 0 LAUREL FISHER PEREZ TRUSTEE 2.00 X 0 0 0 HENRY GLASHEEN TRUSTEE 2.00 X 0 0 0 BRAD LUNDGREN TRUSTEE 2.00 X 0 0 0 KEN MARSHALL TRUSTEE 2.00 X 0 0 0 MAURIE MCGUIRE TRUSTEE 2.00 X 0 0 0 SHERI OVERALL TRUSTEE 2.00 X 0 0 0 GREG PARKER TRUSTEE 2.00 X 0 0 0 CHRISTINE RIESENFELD TRUSTEE 2.00 X 0 0 0 TRES RIORDAN TRUSTEE (FROM 7/1/22-5/26/23) 2.00 X 0 0 0 MEREDITH HENDRICKS EXECUTIVE DIRECTOR 40.00 X 225892 0 7059 LISA MACKER OPERATIONS MANAGER 40.00 X 120733 0 12640 CARRIE MULLEN DEVELOPMENT DIRECTOR 40.00 X 129781 0 18914 BRUCE REITHERMAN CONSERVATION DIRECTOR 40.00 X 142522 0 17565 618928 0 56178 4 0 1 0 0 97929 50875 4319377 393292 4468181 266807 266807 32031 9652 22379 22379 22379 5939604 5856111 83493 83493 83493 SETTLEMENT 900099 10955 10955 OTHER REVENUE 900099 796 796 11751 4852611 0 0 384430 375323 251260 86005 38058 919423 663889 21283 234251 151589 107146 12561 31882 99786 70530 8269 20987 115598 115470 128 32500 32500 30000 30000 32283 17861 14422 145716 141871 3420 425 21664 21664 90309 43361 2546 44402 69153 48041 2984 18128 75826 55660 4673 15493 12335 11082 34 1219 35210 13353 7402 14455 33600 24752 8848 39686 29542 10144 ACQUISITION EXPENSE 250000 250000 IMPROVEMENTS 115764 112032 3732 PROGRAMS AND MATERIALS 10327 9040 144 1143 2656092 1986554 219095 450443 2477 3457 5793658 4654071 332909 552094 4410 131950 36457 50830 3194449 130207 176746 3064242 6717995 7168050 4195581 4632694 949082 861832 18209315 21119220 70873 38471 36500 129559 81976 200432 156947 X 9021674 12525911 8987209 8436362 18008883 20962273 18209315 21119220 2196519 756871 0 X 0 1 X 1 0 X 2656524 5176824 6659726 3465490 4468181 22426745 2656524 5176824 6659726 3465490 4468181 22426745 4429117 17997628 229015 244405 240279 347971 298838 1360508 250548 11751 262299 24049552 140686 0.74840 0.80100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 56 23710.00 0 1 1 3120.00 286333 7139602 671130 496882 218423 8089191 9036127 -295636 -1321922 278967 7139602 5484147 2597402 1176649 222071 9036127 4162380 1431976 118472 228681 5484147 5141050 -711233 185930 453367 4162380 0.80000 0.18000 0.02000 0 0 2765129 2765129 189040 23223 165817 168462 68192 100270 71818 38792 33026 3064242 TIFF 4632694 F 4632694 ACCRUED LIABILITIES 57971 DEPOSITS RECEIVED 24005 81976 X 5656097 756871 17270 51976 826117 4829980 32283 -9652 22631 4852611 2702707 17270 9652 26922 2675785 32283 -51976 -19693 2656092 PART II, LINE 5: MONITORING & INSPECTION - THE ORGANIZATION MONITORS ITS EASEMENT PROPERTIES REGULARLY, AT LEAST ANNUALLY, IN A MANNER APPROPRIATE TO THE SIZE AND RESTRICTIONS OF EACH PROPERTY, AND KEEPS DOCUMENTATION SUCH AS RECORDS, UPDATED PHOTOGRAPHY AND MAPS OF EACH MONITORING ACTIVITY. VIOLATIONS & ENFORCEMENT - THE CONSERVATION DIRECTOR SHOULD REPORT MINOR AND MAJOR EASEMENT VIOLATIONS TO THE EXECUTIVE DIRECTOR AS SOON AS POSSIBLE AFTER THE SITE VISIT. IF A MINOR VIOLATION, THE EXECUTIVE DIRECTOR MAY AUTHORIZE A CORRECTIVE PLAN OF ACTION. THE CONSERVATION DIRECTOR WILL TRACK AND REPORT TO THE EXECUTIVE DIRECTOR WHEN THE VIOLATION HAS BEEN CORRECTED, AND DOCUMENT THE CORRECTION APPROPRIATELY IN THE MONITORING BINDER. IF A MAJOR VIOLATION, THEN THE EXECUTIVE DIRECTOR SHOULD NOTIFY THE BOARD PRESIDENT IMMEDIATELY. MAJOR VIOLATIONS AND SUBSEQUENT FOLLOW-UP ACTIONS WILL BE REPORTED TO THE LAND COMMITTEE OR BOARD OF TRUSTEES AT THE NEXT MEETING, WITH RECOMMENDATIONS FOR FURTHER ACTION AS APPROPRIATE. IN ADDITION, THE ORGANIZATION MAINTAINS CONSERVATION EASEMENT INSURANCE THROUGH NON-PROFIT TERRAFIRMA RRG, TO HELP FUND ANY ACTIONS THAT MAY BE REQUIRED TO ENFORCE COMPLIANCE OF EASEMENTS OR DEFEND ENCROACHMENTS ON PROPERTY HELD IN FEE TITLE BY THE LAND TRUST. PART II, LINE 9: PROPERTY HELD FOR CONSERVATION PURPOSES INCLUDES PURCHASED OR DONATED PROPERTIES TO BE SOLD OR TRANSFERRED TO GOVERNMENTAL AGENCIES OR OTHER INDIVIDUALS AND ORGANIZATIONS FOR CONSERVATION PURPOSES OR MAINTAINED AS A NATURE PRESERVE. FEE SIMPLE LAND PURCHASES ARE STATED AT THE LESSER OF COST OR FAIR MARKET VALUE. DONATED PROPERTIES ARE INITIALLY RECORDED AT THEIR APPRAISED VALUES AT THE DATE OF CONTRIBUTION, AND ARE CARRIED AT THE LOWER OF THIS AMOUNT OR FAIR MARKET VALUE. CONSERVATION EASEMENTS ARE REPORTED ON OUR REVENUE AND EXPENSE STATEMENTS AT APPRAISED VALUE AS REVENUE AND AS AN EQUIVALENT EXPENSE. CONSERVATION EASEMENTS ARE TREATED AS OBLIGATIONS AND ARE RECORDED AS PROPERTY HELD FOR CONSERVATION PURPOSES AS $1 EACH ON OUR BALANCE SHEET AND ALSO PERMANENTLY RESTRICTED NET ASSETS. ALL NATURE PRESERVE LAND AND BUILDINGS HAVE FAIR VALUES OF $0 DUE PRIMARILY TO SALE RESTRICTIONS. PART V, LINE 4: THE LAND TRUST HOLDS NUMEROUS ENDOWMENTS TO SUPPORT THE MONITORING, MAINTENANCE OF PROPERTIES AND FISCAL HEALTH OF THE ORGANIZATION. ENDOWMENTS ARE INVESTED IN ACCORDANCE WITH THE LAND TRUST'S INVESTMENT POLICIES AND ARE SUPPLEMENTED WITH EACH ADDITIONAL PROPERTY OR CONSERVATION EASEMENT WE ACQUIRE. OUR STEWARDSHIP ENDOWMENT MAY ALSO BE UTILIZED AS A LEGAL DEFENSE FUND FOR THE ENFORCEMENT OF OUR CONSERVATION EASEMENTS. PART X, LINE 2: FINANCIAL ACCOUNTING STANDARDS BOARD'S ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, PRESCRIBES A THRESHOLD FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE LAND TRUST FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND IN THE STATE OF CALIFORNIA. THE LAND TRUST'S TAX RETURNS FROM THE YEAR 2019 TO THE PRESENT REMAIN SUBJECT TO EXAMINATION BY THE IRS FOR FEDERAL TAX PURPOSES, AND THE TAX YEARS FROM 2018 TO THE PRESENT REMAIN SUBJECT TO EXAMINATION BY THE STATE OF CALIFORNIA. MANAGEMENT HAS EVALUATED ITS TAX POSITIONS FOR ALL JURISDICTIONS IN WHICH THE STATUTE OF LIMITATIONS REMAINS OPEN AND HAS DETERMINED THAT THE LAND TRUST HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THE LAND TRUST IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME, EXCISE OR OTHER TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: EMPLOYEE RETENTION TAX CREDIT 51,976. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -9,652. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 9,652. PART XII, LINE 4B - OTHER ADJUSTMENTS: EMPLOYEE RETENTION TAX CREDIT -51,976. X X X X X X 0 MY PHILANTHROPY TEAM LLC 802 WEST K STREET BENICIA CA 94510 PROFESSIONAL FUNDRAISER 0 30000 0 30000 30000 30000 CA NY X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 MEREDITH HENDRICKS EXECUTIVE DIRECTOR 225892 0 0 0 0 0 6777 0 282 0 232951 0 0 0 BRUCE REITHERMAN CONSERVATION DIRECTOR 142522 0 0 0 0 0 4485 0 13080 0 160087 0 0 0 PART I, LINE 1A THE ORGANIZATION CO-OWNS A RESIDENCE WITH ITS EXECUTIVE DIRECTOR, MEREDITH HENDRICKS. THE FAIR MARKET VALUE OF MS. HENDRICKS USE OF THE RESIDENCE IS TREATED AS TAXABLE COMPENSATION TO MS. HENDRICKS AND INCLUDED IN HER W-2 WAGES. MEREDITH HENDRICKS EXECUTIVE DIRECTOR 782963 CO-OWNERS OF A RESIDENTIAL BUILDING WHICH MEREDITH HENDRICKS OCCUPIES, AND THE ORGANIZATION HAS A 60% OWNERSHIP IN THE RESIDENCE. 0 X 1 4000 FAIR MARKET VALUE X 4 135826 FAIR MARKET VALUE X 1 250000 FAIR MARKET VALUE X 1 3466 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT PERFORMS A DETAILED REVIEW OF THE FORM 990 PRIOR TO FORWARDING THE TAX RETURN TO THE FINANCE COMMITTEE FOR ITS REVIEW. THE BOARD OF TRUSTEES RECEIVES THE FORM 990 PRIOR TO FILING THE TAX RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ADOPTED CONFLICT OF INTEREST POLICY REQUIRES ANNUAL WRITTEN DISCLOSURE BY EVERY TRUSTEE, EMPLOYEE, AND COMMITTEE MEMBER WHO SERVES ON A DECISION MAKING COMMITTEE. A DISCLOSURE FORM IS SENT TO EACH PERSON AND RETURNED AND GIVEN TO THE PRESIDENT OF THE BOARD OF TRUSTEES. THE PRESIDENT REVIEWS EACH DISCLOSURE FORM AND IS RESPONSIBLE FOR INFORMING EACH COMMITTEE CHAIR, AND FULL BOARD WHEN APPROPRIATE, OF ANY POTENTIAL CONFLICTS OF INTEREST. RESOLUTION OF ANY IDENTIFIED CONFLICT IS DOCUMENTED IN THE BOARD OR COMMITTEE MINUTES, WITH REQUIRED RECUSAL FROM DISCUSSION/DELIBERATION, A FORMAL RESOLUTION OR OTHER CORRESPONDENCE AS APPROPRIATE TO THE NATURE OF THE CONFLICT. DURING THE COURSE OF THE YEAR WHEN A NEW PROJECT OR FINANCIAL MATTER IS PRESENTED TO THE BOARD OR A COMMITTEE, MEMBERS ARE ASKED AT THAT TIME WHETHER THERE IS ANY CONFLICT OF INTEREST AND APPROPRIATE ACTION IS TAKEN TO MITIGATE OR AVOID PARTICIPATION IN COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS AND ESTABLISHES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. IN ESTABLISHING COMPENSATION, COMPARATIVE DATA FROM THE NATIONAL LAND TRUST ALLIANCE COMPENSATION SURVEY AND THE "2022 COMPENSATION & BENEFITS SURVEY REPORT" FROM FAIR PAY FOR SOUTHERN (AND NORTHERN) CALIFORNIA NONPROFITS WAS CONSIDERED BY THE EXECUTIVE COMMITTEE. THE SALARY SCHEDULE IS AVAILABLE TO EACH MEMBER OF THE BOARD OF TRUSTEES UPON REQUEST. IN ADDITION, THE BOARD CONSIDERS THE BENEFIT PACKAGE DETAILS OFFERED BY OTHER ORGANIZATIONS AND THE RECOMMENDATIONS OF AN INDEPENDENT EXECUTIVE RECRUITING CONSULTANT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HAS ADOPTED THE NATIONAL STANDARDS AND PRACTICES OF THE LAND TRUST ALLIANCE (LTA). A LINK TO THE LTA WEBSITE WHERE THE STANDARDS AND PRACTICES CAN BE FOUND IS PROVIDED ON THE LTSBC WEBSITE. OTHER GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND OTHER ADOPTED POLICIES OF THE ORGANIZATION ARE PROVIDED TO ANY MEMBER OF THE PUBLIC UPON REQUEST.