2023-09-28T02:05:27-05:00 2022-12-31 221478099 COHNREZNICK LLP 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2022-01-01 237216308 WESTPORT LAND CONSERVATION TRUST INC WEST 5086369228 573 ADAMSVILLE ROAD PO BOX 3975 WESTPORT MA 02790 CHRISTINE SCHMID PRESIDENT 5086369228 2023-09-19 1 CHRISTINE SCHMID 999009999 0 JOLANTA TUCK CPA P01340068 7813803520 2023-09-06 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRISTINE SCHMID 573 ADAMSVILLE ROAD PO BOX 3975 WESTPORT MA 02790 1858528 0 X WWW.WESTPORTLANDTRUST.ORG X 1972 MA TO PRESERVE AND PROTECT WESTPORT'S NATURAL RESOURCES FOR PEOPLE AND NATURE. 10 10 8 83 0 0 896666 1659030 0 0 91050 103375 257 0 987973 1762405 0 0 0 0 321169 346581 0 0 87526 459923 300496 781092 647077 206881 1115328 16501110 16604069 14667 16967 16486443 16587102 TO PRESERVE AND PROTECT WESTPORT'S NATURAL RESOURCES FOR PEOPLE AND NATURE, AND TO EDUCATE THE PUBLIC ABOUT THE WISE USE OF NATURAL RESOURCES. 0 0 353945 TO PROTECT FARMLAND, WOODLAND, OPEN SPACES AND OTHER NATURAL RESOURCES THROUGH LAND ACQUISITION, LAND MANAGEMENT AND COMMUNITY EDUCATION. 353945 1 1 0 0 0 0 1 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 17 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 MA X X ROSS MORAN 5086369228 573 ADAMSVILLE ROAD WESTPORT MA 02790 X TIM VANECH VICE PRESIDENT 2.00 X X 0 0 0 KATE SCHMITT DIRECTOR 1.00 X 0 0 0 STEVE MCGUINESS VICE PRESIDENT 4.00 X X 0 0 0 JOHN PATTERSON DIRECTOR 1.00 X 0 0 0 CHARLES FINDLAY DIRECTOR 1.00 X 0 0 0 VALERIE BASSETT DIRECTOR 1.00 X 0 0 0 PHILIP BURLING DIRECTOR 1.00 X 0 0 0 CHRISTINE SCHMID PRESIDENT 4.00 X X 0 0 0 PATRICIA CERILLI TREASURER 1.00 X X 0 0 0 KATE NEAVE CLERK 1.00 X X 0 0 0 ROSS MORAN EXECUTIVE DIRECTOR 40.00 X 117902 0 0 117902 0 0 1 0 0 0 0 65215 1593815 192268 1659030 52054 52054 141444 6000 96123 0 45321 6000 51321 51321 1762405 0 0 103375 X 313340 171392 93777 48171 6198 226 2644 3328 27043 14650 8275 4118 1076 1076 18193 18193 79047 69815 1582 7650 40 40 79691 35426 20236 24029 29154 26046 2878 230 39355 39355 16174 255 15919 SPECIAL PROJECTS 37766 36135 1631 647077 353945 205606 87526 656558 629894 1170518 1265704 79344 68212 6932 18566 12157007 122506 11565595 12034501 2999097 2587192 23066 0 16501110 16604069 14667 16967 14667 16967 X 1710523 2035303 14775920 14551799 16486443 16587102 16501110 16604069 X 1115328 -489350 -525319 X 0 1 X 1 0 X 890740 1647431 4361731 896666 1659030 9455598 890740 1647431 4361731 896666 1659030 9455598 3478349 5977249 20203 34797 31084 30565 52054 168703 -2852 257 -2595 9621706 0.62120 0.59660 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: EVENTS - 2018 AMOUNT: $ -2,852. OTHER INCOME - 2021 AMOUNT: $ 257. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 64 1390.00 0 0 1 1 162.00 1048 4038295 1756995 -392781 1974606 3427903 3478898 1867485 346738 1654826 4038295 3317978 3970479 221931 4031490 3478898 2209568 1499563 140969 532122 3317978 2604222 2578028 -3461 2969221 2209568 0.00720 0.41790 0.57490 0 0 11217261 11217261 821538 68242 753296 118208 54264 63944 12034501 1273055 -489350 -489350 1762405 0 1762405 1172396 525319 525319 647077 0 647077 PART II, LINE 9: LAND AND CONSERVATION RESTRICTIONS: THE ORGANIZATION RECORDS BOTH LAND ACQUISITIONS AND LAND CONVEYANCES AT COST IF PURCHASED OR AT FAIR VALUE AT THE DATE OF ACQUISITION, IF ALL OR PART OF THE LAND WAS RECEIVED AS A DONATION. FAIR VALUE IS GENERALLY DETERMINED BY APPRAISAL AT THE TIME OF ACQUISITION AND IS NOT SUBSEQUENTLY ADJUSTED. VALUES ARE PRIMARILY BASED ON INDEPENDENT PROFESSIONAL APPRAISALS PERFORMED FOR THE ORGANIZATION OR ON APPRAISED VALUES DETERMINED OR ADOPTED BY PUBLIC AGENCIES. WHERE NEITHER OF THE FOREGOING SOURCES IS READILY AVAILABLE, THE ORGANIZATION MAY USE THE FULL CASH VALUE AS ESTABLISHED BY THE LOCAL TAX ASSESSOR, COST IF THE CASH VALUE IS MINIMAL OR INTERNAL ESTIMATES BASED ON STAFF ANALYSES. WHERE A CURRENT APPRAISAL IS AVAILABLE FROM A PROFESSIONALLY QUALIFIED INDEPENDENT APPRAISER RETAINED BY A THIRD PARTY, SUCH VALUE MAY BE ADOPTED WHEN THE ORGANIZATION IS SATISFIED THAT THE APPRAISAL IS REASONABLE. THE ORGANIZATION ALSO RECEIVES DONATIONS OF CONSERVATION RESTRICTIONS AND EASEMENTS ON LAND WHICH IT DOES NOT HOLD TITLE. THESE ARE VOLUNTARY LEGAL AGREEMENTS BY WHICH LANDOWNERS CAN ELECT TO ENSURE PERMANENT PROTECTION OF THE CONSERVATION VALUES OF THEIR PROPERTY. THESE CONSERVATION RESTRICTIONS AND EASEMENTS ARE REPORTED IN THE FINANCIAL STATEMENTS AT A NOMINAL VALUE, $1. IF PURCHASED, THE COSTS ARE EXPENSED WHEN THE RESTRICTION OR EASEMENT IS ACQUIRED. CONSERVATION RESTRICTIONS AND EASEMENTS ARE NOT MARKETABLE INTERESTS IN REAL ESTATE AND HAVE NO SEGREGABLE ECONOMIC VALUE TO THE ORGANIZATION. THIS IMPOSES ON THE ORGANIZATION A PERPETUAL OBLIGATION TO MONITOR AND STEWARD THE PROPERTIES, THE COSTS OF WHICH ARE AN ON-GOING EXPENSE IN THE ORGANIZATION'S ANNUAL BUDGET. PART V, LINE 4: TERM ENDOWMENT - FUNDS INTENDED FOR MAINTENANCE, MANAGEMENT AND RESTORATION OF CERTAIN PROPERTIES, CERTAIN LAND ACQUISITION PROJECTS, FARMLAND PROTECTION PROJECTS AND STUDIES CONCERNING AGRICULTURE. PERMANENT ENDOWMENT - FUNDS INTENDED FOR CONSERVATION, MAINTENANCE, MANAGEMENT AND IMPROVEMENT OF CERTAIN PROPERTIES. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON IMPAIRMENT 525,319. SCHEDULE D, PART II, LINE 9 PART II, LINE 9 - THE ORGANIZATION SHALL UNDERTAKE REGULAR MONITORING VISITS AT A RATE OF NO LESS THAN ONE VISIT PER YEAR. THE INSPECTION WILL TAKE PLACE AFTER THE LANDOWNERS HAVE BEEN GIVEN WRITTEN NOTICE AND INVITED TO ACCOMPANY THE MONITOR. MONITORING INSPECTION REPORTS WILL BE FILED AND MAINTAINED FOR THE RESPECTIVE CONSERVATION RESTRICTION IN THE ORGANIZATION'S FILES. LANDOWNERS WILL BE PROVIDED WITH A COPY OF THE REPORT, AND ANY SUBSEQUENT NEW LANDOWNERS OF THE CONSERVATION RESTRICTION WILL BE INTRODUCED TO THE ORGANIZATION, ITS POLICIES AND THE TERMS OF THE CONSERVATION RESTRICTION. THE ORGANIZATION WILL PROVIDE A NEW COPY OF THE MONITORING REPORTS TO THE LANDOWNER IF IT WAS NOT PROVIDED BY THE PREVIOUS OWNER. X 15 142268 FMV X LAND 1 50000 FMV 0 1 0 PART I, COLUMN (B): THE AMOUNT REPORTED IN PART I COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION A, LINE 6 ALL INTERESTED PERSONS MAY BECOME MEMBERS UPON PAYMENT OF ANNUAL MEMBERSHIP DUES. FORM 990, PART VI, SECTION A, LINE 7A BOARD MEMBERS AND OFFICERS (THE "GOVERNING BODY") ARE ELECTED BY MEMBERS AT THE ANNUAL MEETING OF MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO BYLAWS ARE SUBJECT TO APPROVAL BY MEMBERS FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND OFFICE ADMINISTRATOR, THEN REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE AND THE FINANCE COMMITTEE. FINALLY A PUBIC DISCLOSURE COPY IS PRESENTED TO THE FULL BOARD FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE CONFLICT OF INTEREST POLICY IS REVIEWED AND EXPLAINED TO EACH MEMBER OF THE BOARD OF DIRECTORS AND EACH STAFF MEMBER. EACH INDICATES WITH A SIGNATURE THAT THEY UNDERSTAND AND WILL COMPLY WITH THE POLICY. THROUGHOUT THE YEAR, THE BOARD AND STAFF REVIEW TRANSACTIONS TO ENSURE COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A PERIODICALLY THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED BY THE EXECUTIVE COMMITTEE (WITHOUT THE EXECUTIVE DIRECTOR PRESENT) AND COMPARED TO COMPENSATION RECEIVED BY THOSE IN SIMILAR ORGANIZATIONS IN THE SOUTH COAST AREA. THE COMMITTEE WILL THEN MAKE ADJUSTMENTS TO COMPENSATION BASED ON MARKET AND PERFORMANCE FACTORS. FORM 990, PART VI, SECTION C, LINE 18 ALL FORMS AVAILABLE UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE THROUGH GUIDESTAR.ORG AND THE COMMONWEALTH OF MASSACHUSETTS DIVISION OF PUBLIC CHARITIES, OR UPON REQUEST. GOVERNING DOCUMENTS ARE AVAILABLE ON LINE VIA THE SECRETARY FOR THE COMMONWEALTH OF MASSACHUSETTS CORPORATE DATABASE AND UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,432. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,432. OUTSIDE CONTRACTORS: PROGRAM SERVICE EXPENSES 69,815. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 69,815. FUNDRAISING/DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 7,650. TOTAL EXPENSES 7,650. GENERAL CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 150. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 150. FORM 990, PART XI, LINE 9: LOSS ON IMPAIRMENT -525,319.