SOUTH EAST ALASKA LAND TRUST: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
SOUTH EAST ALASKA LAND TRUST (EIN 92-0156402)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-10-31
IRS object ID
202433059349301863
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-10-31T12:46:29-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN920127098PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ELGEE REHFELD LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line19309 GLACIER HWY STE B200AddressLine1Txt
CityJUNEAUCityNm
State AbbreviationAKStateAbbreviationCd
ZIP998019300ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN920156402EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SOUTHEAST ALASKA LAND TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSOUTBusinessNameControlTxt
Phone9075863100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1119 SEWARD STREET SUITE 2AddressLine1Txt
CityJUNEAUCityNm
State AbbreviationAKStateAbbreviationCd
ZIP99801ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARCUS FRAMPTONPersonNm
Person TitleBOARD TREASURERPersonTitleTxt
Phone9075863100PhoneNum
Signature2024-10-23SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJANELLE ANDERSONPreparerPersonNm
PTINP01466741PTIN
Phone9077893178PhoneNum
Preparation2024-10-24PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerANNE SUTTONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1119 SEWARD STREET SUITE 2AddressLine1Txt
CityJUNEAUCityNm
State AbbreviationAKStateAbbreviationCd
ZIP99801ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$443,270GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SOUTHEASTALASKALANDTRUST.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1995FormationYr
Legal Domicile StateAKLegalDomicileStateCd
Activity Or MissionTHE SOUTHEAST ALASKA LAND TRUST (SEAL TRUST) COLLABORATES WITH COMMUNITIES, INDIVIDUALS, AND ORGANIZATIONS THROUGHOUT SOUTHEAST ALASKA TO HELP ENSURE THAT HIGHLY VALUED HABITAT, RECREATION, OPEN SPACE, AND CULTURAL AND HISTORIC AREAS CONTINUE TO THRIVE FOR THE WELL-BEING OF EACH GENERATION.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee5TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$216,283PYContributionsGrantsAmt
CY Contributions Grants$285,365CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$75,243PYInvestmentIncomeAmt
CY Investment Income$120,436CYInvestmentIncomeAmt
CY Other Revenue$29,690CYOtherRevenueAmt
PY Total Revenue$291,526PYTotalRevenueAmt
CY Total Revenue$435,491CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$242,913PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$265,521CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$76,530CYTotalFundraisingExpenseAmt
PY Other Expenses$179,963PYOtherExpensesAmt
CY Other Expenses$111,728CYOtherExpensesAmt
PY Total Expenses$422,876PYTotalExpensesAmt
CY Total Expenses$377,249CYTotalExpensesAmt
PY Revenues Less Expenses-$131,350PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$58,242CYRevenuesLessExpensesAmt
Total Assets BOY$6,030,048TotalAssetsBOYAmt
Total Assets EOY$6,449,943TotalAssetsEOYAmt
Total Liabilities BOY$17,455TotalLiabilitiesBOYAmt
Total Liabilities EOY$17,987TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,012,593NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$6,431,956NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE SOUTHEAST ALASKA LAND TRUST (SEAL TRUST) COLLABORATES WITH COMMUNITIES, INDIVIDUALS, AND ORGANIZATIONS THROUGHOUT SOUTHEAST ALASKA TO HELP ENSURE THAT HIGHLY VALUED HABITAT, RECREATION, OPEN SPACE, AND CULTURAL AND HISTORIC AREAS CONTINUE TO THRIVE FOR THE WELL-BEING OF EACH GENERATION.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$107,889ExpenseAmt
DescSTEWARDSHIP - AS OF THE END OF 2023 SEALT HAS CONSERVED 42 PROPERTIES TOTALING OVER 3,600 ACRES, LOCATED IN JUNEAU, ADMIRALTY ISLAND, EXCURSION INLET, HAINES, KAKE, PETERSBURG (FARRAGUT BAY), AND SITKA. STEWARDSHIP INCLUDES MANAGEMENT OF 24 FEE SIMPLE PROPERTIES CURRENTLY OWNED BY SEALT, AND MONITORING AND ENFORCEMENT OF 16 CONSERVATION EASEMENTS AND 2 DEED RESTRICTIONS HELD BY SEALT.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$100,729ExpenseAmt
DescLAND CONSERVATION - IN 2023, SEALT MADE PROGRESS ON SEVERAL LAND CONSERVATION PROJECTS BUT DID NOT ACQUIRE ANY NEW LAND. CONSERVATION PROJECT DEVELOPMENT INCLUDES: PRIORITIZATION MAPPING PROJECTS, CONSERVATION SITE SELECTION, DUE DILIGENCE, AND ACQUISITION OF CONSERVATION EASEMENT OR FEE SIMPLE PROPERTIES, INCLUDING THOSE ACQUIRED WITH FUNDING FROM DEVELOPERS PAID TO SEALT VIA ITS IN-LIEU FEE INSTRUMENT WITH THE U.S. ARMY CORPS OF ENGINEERS. SEALT'S LAND CONSERVATION PROGRAM ALSO INCLUDES OUTREACH AND COMMUNICATION WITH LANDOWNERS, SITE VISITS, REPORT PREPARATION, AND NEGOTIATIONS WITH LANDOWNERS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescCOMMUNITY OUTREACH & ENGAGEMENT - SEALT ENCOURAGES COMMUNITY MEMBERS AND CONSERVATION PARTNERS TO CONNECT WITH THE OUTDOORS AND LAND CONSERVATION BY CONDUCTING LANDOWNER MEETINGS, PRESENTATIONS, COMMUNITY EVENTS, AND OUTDOOR EDUCATIONAL PROGRAMS. SEALT ALSO PARTICIPATES IN REGIONAL AND LOCAL PARTNERSHIPS THAT SUPPORT LAND CONSERVATION, HABITAT PRESERVATION AND RESTORATION, RECREATION, LAND USE PLANNING, AND CO-STEWARDSHIP OF IMPORTANT LANDS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$208,618TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsYes (true)ConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document8IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee5EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SOUTHEAST ALASKA LAND TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9075863100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1119 SEWARD STREET SUITE 2AddressLine1Txt
CityJUNEAUCityNm
State AbbreviationAKStateAbbreviationCd
ZIP99801ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
MARGARET CUSTER
EXECUTIVE DI40.00Yes (X)$87,564$0$2,616
ANNE SUTTON
BOARD PRESID1.00Yes (X)$0$0$0Yes (X)
BETH PENDLETON
BOARD VICE P1.00$0$0$0Yes (X)
ANNIE CARPENETI
BOARD SECRET1.00Yes (X)$0$0$0Yes (X)
MARCUS FRAMPTON
BOARD TREASU1.00Yes (X)$0$0$0Yes (X)
OLIVIA GLASSCOCK
BOARD MEMBER1.00$0$0$0Yes (X)
BILL HANSON
BOARD MEMBER1.00$0$0$0Yes (X)
ALEXANDRA PIERCE
BOARD MEMBER1.00$0$0$0Yes (X)
MATT ROBUS
BOARD MEMBER1.00$0$0$0Yes (X)
NEIL STICHERT
BOARD VICE P1.00Yes (X)$0$0$0Yes (X)
ALEX WERTHEIMER
BOARD MEMBER1.00$0$0$0Yes (X)
RICARDO WORL
BOARD MEMBER1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$87,564TotalReportableCompFromOrgAmt
Total Other Compensation$2,616TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Fundraising$8,165FundraisingAmt
Government Grants$61,832GovernmentGrantsAmt
All Other Contributions$215,368AllOtherContributionsAmt
Noncash Contributions$28,847NoncashContributionsAmt
Total Contributions$285,365TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$120,436TotalRevenueColumnAmt
Exclusion$120,436ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$37,469FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$8,165ContriRptFundraisingEventAmt
Fundraising Direct Expenses$7,779FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$29,690TotalRevenueColumnAmt
Exclusion$29,690ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$435,491TotalRevenueColumnAmt
Exclusion$150,126ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$90,180TotalAmt
Program Services$54,108ProgramServicesAmt
Management And General$36,072ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$143,886TotalAmt
Program Services$79,560ProgramServicesAmt
Management And General$30,244ManagementAndGeneralAmt
Fundraising$34,082FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$14,010TotalAmt
Management And General$14,010ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$17,445TotalAmt
Program Services$10,068ProgramServicesAmt
Management And General$4,416ManagementAndGeneralAmt
Fundraising$2,961FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$7,360TotalAmt
Program Services$7,360ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$18,606TotalAmt
Management And General$18,606ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$5,257TotalAmt
Management And General$5,257ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$20,143TotalAmt
Program Services$16,569ProgramServicesAmt
Management And General$2,830ManagementAndGeneralAmt
Fundraising$744FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$55TotalAmt
Management And General$55ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$9,339TotalAmt
Program Services$44ProgramServicesAmt
Management And General$2,408ManagementAndGeneralAmt
Fundraising$6,887FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,690TotalAmt
Program Services$1,831ProgramServicesAmt
Management And General$1,759ManagementAndGeneralAmt
Fundraising$100FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$17,121TotalAmt
Program Services$21ProgramServicesAmt
Management And General$17,100ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$11,926TotalAmt
Program Services$11,883ProgramServicesAmt
Fundraising$43FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,652TotalAmt
Program Services$1,540ProgramServicesAmt
Management And General$2,112ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
ALL OTHER$9,287$3,020$6,267
DUES/SUBSCRIPTIONS$2,920$2,920
PROGRAM SUPPLIES$2,372$2,372
ALLOCATION OF INDIRECT$20,242$25,446-$45,688

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$377,249TotalAmt
Program Services$208,618ProgramServicesAmt
Management And General$92,101ManagementAndGeneralAmt
Fundraising$76,530FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$80,325BOYAmt
EOY$35,163EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$458,166BOYAmt
EOY$40,040EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$25,000BOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$25,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,840BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$765,708LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$6,130LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$759,578BOYAmt
EOY$759,578EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$4,704,139BOYAmt
EOY$5,590,162EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$6,030,048BOYAmt
EOY$6,449,943EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$17,455BOYAmt
EOY$17,987EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,455BOYAmt
EOY$17,987EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,434,423BOYAmt
EOY$3,830,958EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,578,170BOYAmt
EOY$2,600,998EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,012,593BOYAmt
EOY$6,431,956EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,030,048BOYAmt
EOY$6,449,943EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$58,242ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$361,121NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (true)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS AuditedfalseFSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$418,627CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$218,792CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$298,773CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$216,283CurrentTaxYearMinus1YearAmt
Current Tax Year$285,365CurrentTaxYearAmt
Total$1,437,840TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$418,627CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$218,792CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$298,773CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$216,283CurrentTaxYearMinus1YearAmt
Current Tax Year$285,365CurrentTaxYearAmt
Total$1,437,840TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$65,711SubstantialContributorsTotAmt
Public Support Total170$1,372,129PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$113,351CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$106,875CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$98,078CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$75,243CurrentTaxYearMinus1YearAmt
Current Tax Year$120,436CurrentTaxYearAmt
Total$513,983TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$37,469CurrentTaxYearAmt
Total$37,469TotalAmt
FieldValueIRS element (for citing)
Total Support$1,989,292TotalSupportAmt
Public Support CY1700.68980PublicSupportCY170Pct
Public Support PY1700.73960PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Preservation Public UseYes (X)PreservationPublicUseInd
Protection Natural HabitatYes (X)ProtectionNaturalHabitatInd
Preservation Open SpaceYes (X)PreservationOpenSpaceInd
Total Easements16TotalEasementsCnt
Total Acreage3282.00TotalAcreageCnt
States Easements Held1StatesEasementsHeldCnt
Written Policy MonitoringYes (true)WrittenPolicyMonitoringInd
Staff Hours Spent Enforcement1406.00StaffHoursSpentEnforcementCnt
Expenses Incurred Enforcement$31,175ExpensesIncurredEnforcementAmt
Section170h Rqr StsfdfalseSection170hRqrStsfdInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,542,052BeginningYearBalanceAmt
Contributions$2,500ContributionsAmt
Investment Earnings Or Losses$344,357InvestmentEarningsOrLossesAmt
Other Expenditures$113,712OtherExpendituresAmt
End Year Balance$2,775,197EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,915,283BeginningYearBalanceAmt
Contributions$129,688ContributionsAmt
Investment Earnings Or Losses-$361,303InvestmentEarningsOrLossesAmt
Other Expenditures$141,616OtherExpendituresAmt
End Year Balance$2,542,052EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,554,302BeginningYearBalanceAmt
Contributions$246,450ContributionsAmt
Investment Earnings Or Losses$201,071InvestmentEarningsOrLossesAmt
Other Expenditures$86,540OtherExpendituresAmt
End Year Balance$2,915,283EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,250,479BeginningYearBalanceAmt
Contributions$47,352ContributionsAmt
Investment Earnings Or Losses$313,820InvestmentEarningsOrLossesAmt
Other Expenditures$48,405OtherExpendituresAmt
Administrative Expenses$8,944AdministrativeExpensesAmt
End Year Balance$2,554,302EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,816,854BeginningYearBalanceAmt
Contributions$597,971ContributionsAmt
Investment Earnings Or Losses$262,805InvestmentEarningsOrLossesAmt
Other Expenditures$426,539OtherExpendituresAmt
Administrative Expenses$612AdministrativeExpensesAmt
End Year Balance$2,250,479EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.96670BoardDesignatedBalanceEOYPct
Term Endowment Balance EOY0.03330TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$759,000OtherCostOrOtherBasisAmt
Book Value$759,000BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,708OtherCostOrOtherBasisAmt
Depreciation$6,130DepreciationAmt
Book Value$578BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$759,578TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 1, PART II, LINE 5WHEN SEAL TRUST ACCEPTS A CONSERVATION EASEMENT, IT ALSO ACCEPTS THE RESPONSIBILITY TO INSURE THAT THE TERMS OF THE EASEMENT ARE UPHELD. SEAL TRUST IS THEREFORE OBLIGATED TO (1) CONDUCT ROUTINE PROPERTY INSPECTIONS, (2) TAKE PROMPT AND APPROPRIATE ACTION WHEN A POTENTIAL VIOLATION IS OBSERVED, AND (3) PURSUE FAIR AND EQUITABLE RESOLUTION OF DOCUMENTED VIOLATIONS.
SCHEDULE D, PAGE 1, PART II, LINE 9THERE ARE NO CURRENT REVENUES OR EXPENSES FOR CONSERVATION EASEMENTS INCLUDED IN THE STATEMENT OF ACTIVITIES. CONSERVATION EASEMENTS HAVE A VALUE OF ZERO ON THE BALANCE SHEET. FINANCIAL STATEMENT FOOTNOTES NOTE 1: CONSERVATION EASEMENTS: THE TRUST HAS ACQUIRED AND HOLDS A NUMBER OF CONSERVATION EASEMENTS, EACH REPRESENTING A LEGAL INTEREST IN LAND OWNED BY ANOTHER PERSON OR ENTITY. THE CONSERVATION EASEMENTS EXTINGUISH CERTAIN FUTURE DEVELOPMENT RIGHTS IN THE SUBJECT PROPERTIES AND GRANT SEALT THE RIGHT TO PROTECT THE LAND FOR CONSERVATION PURPOSES. BECAUSE OF THE UNIQUE NATURE OF THESE ASSETS, THE SIGNIFICANT COST OF OBTAINING CONSISTENT AND RELIABLE ESTIMATES OF THE VALUES ASCRIBED TO THESE INTERESTS, AND CONSISTENT WITH THE PRACTICES FOLLOWED BY MANY ENVIRONMENTAL LAND TRUSTS, SEALT'S FINANCIAL STATEMENTS DO NOT INCLUDE ANY AMOUNTS FOR THESE PROPERTY INTERESTS. AT DECEMBER 31, 2023 AND 2022, THE TRUST HELD 16 CONSERVATION EASEMENTS ON 3,282 ACRES OF LAND. NOTE 12: STEWARDSHIP COMMITMENT: PROTECTING AND ENHANCING THE CONSERVATION VALUES OF THE LANDS ACQUIRED BY THE TRUST, AND DOING SO IN PERPETUITY, IS AN IMPORTANT ASPECT OF THE TRUST'S WORK. THE TRUST EVALUATES EACH PROPERTY IT HOLDS FOR ITS CONSERVATION VALUE, AS WELL AS THE THREATS TO THESE VALUES, AND CONDUCTS ANNUAL MONITORING TO ENSURE THESE VALUES REMAIN IN PLACE. CURRENT COSTS ASSOCIATED WITH THE TRUST'S STEWARDSHIP EFFORTS ARE EXPENSED AS INCURRED. THE COSTS OF FUTURE OBLIGATIONS REPRESENT A COMMITMENT OF THE TRUST AND WILL BE RECORDED AS THEY ARE INCURRED.
SCHEDULE D, PAGE 3, PART XTHE TRUST IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3). THE TRUST FOLLOWS THE PROVISIONS OF FASB ASC 740, INCOME TAXES, AND MANAGEMENT BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN. THE TRUSTS FEDERAL INCOME TAX RETURNS (IRS FORM 990) ARE SUBJECT TO POSSIBLE EXAMINATION BY THE INTERNAL REVENUE SERVICE UNTIL THE EXPIRATION OF THE RELATED STATUTE OF LIMITATIONS ON THOSE TAX RETURNS, WHICH, IN GENERAL, HAVE A THREE-YEAR STATUTE OF LIMITATIONS.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1FIDDLEHEAD POP-Event1Nm
Gross Receipts Event1$37,826GrossReceiptsEvent1Amt
Charitable Contri Event1$8,165CharitableContriEvent1Amt
Gross Revenue Event1$29,661GrossRevenueEvent1Amt
Rent Facility Costs Event1$650RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$4,710OtherDirectExpensesEvent1Amt
Gross Receipts Total$37,826GrossReceiptsTotalAmt
Charitable Contributions Tot$8,165CharitableContributionsTotAmt
Gross Revenue Total Events$29,661GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$650RentFcltyCostsTotalEventsAmt
Oth Direct Expnss Total Events$4,710OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$5,360DirectExpenseSummaryEventsAmt
Net Income Summary$24,301NetIncomeSummaryAmt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$28,847NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTHE SOUTHEAST ALASKA LAND TRUST (SEAL TRUST) COLLABORATES WITH COMMUNITIES, INDIVIDUALS, AND ORGANIZATIONS THROUGHOUT SOUTHEAST ALASKA TO HELP ENSURE THAT HIGHLY VALUED HABITAT, RECREATION, OPEN SPACE, AND CULTURAL AND HISTORIC AREAS CONTINUE TO THRIVE FOR THE WELL-BEING OF EACH GENERATION.
FORM 990, PAGE 6, PART VI, LINE 1ATHE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER, AND THE EXECUTIVE DIRECTOR. THE EXECUTIVE COMMITTEE HAS ALL AUTHORITY OF THE BOARD OF DIRECTORS, EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL HAVE NO AUTHORITY TO AMEND OR REPEAL THE ARTICLES OF INCORPORATION OR BY-LAWS; TO ELECT, APPOINT, OR REMOVE ANY DIRECTOR OR OFFICER; OR TO TAKE ANY ACTION THE AUTHORITY FOR WHICH IS SPECIFICALLY WITHHELD FROM THE EXECUTIVE COMMITTEE BY THE BOARD OF DIRECTORS. ANY ACTION TAKEN BY THE EXECUTIVE COMMITTEE, EXCEPT EMERGENCY APPROVAL OF LAND TRANSACTIONS, IS SUBJECT TO AMENDMENT OR REPEAL BY THE FULL BOARD OF DIRECTORS. EXECUTIVE COMMITTEE DID NOT USE THIS AUTHORITY IN 2023.
FORM 990, PAGE 6, PART VI, LINE 11BRETURN IS REVIEWD BY ONE OR MORE BOARD OFFICERS PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 12CTHE ORGANIZATION REGULARLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY THROUGH ANNUAL SELF-DISCLOSURE OF POSSIBLE CONFLICTS BY BOARD MEMBERS AND STAFF. IN ADDITION, POTENTIAL CONFLICTS ARE MONITORED AT REGULAR BOARD MEETINGS.
FORM 990, PAGE 6, PART VI, LINE 19THE ORGANIZATION MAKES ITS FORMS 1023 AND 990, AND GOVERNING POLICIES AVAILABLE TO THE PUBLIC UPON REQUEST.

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