2022-05-12T16:44:09-05:00 2021-12-31 580692043 MAULDIN & JENKINS LLC 2000 SOUTHBRIDGE PARKWAY STE 501 BIRMINGHAM AL 35209 990 2021-01-01 582069352 GEORGIA-ALABAMA LAND TRUST INC GEOR 9212310507 226 OLD LADIGA ROAD PIEDMONT AL 36272 KATHERINE EDDINS EXECUTIVE DIRECTOR 9212310507 2022-05-12 1 KATHERINE EDDINS 999009999 MEREDITH SMITH P00663029 2054452880 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z KATHERINE EDDINS 226 OLD LADIGA ROAD PIEDMONT AL 36272 9459944 0 X WWW.GALANDTRUST.ORG X 1993 GA TO PROTECT LAND AND CONSERVATION VALUES THROUGH CONSERVATION EASEMENTS AND SIMILAR LAND CONSERVATION 16 16 21 16 -1819 0 2197941 2214046 1123777 1134867 761672 643190 28998 140255 4112388 4132358 0 0 0 0 1509236 1478564 0 0 139598 1076484 1034597 2585720 2513161 1526668 1619197 49437810 54818937 30711976 33634269 18725834 21184668 X TO WORK WITH LANDOWNERS TO HELP THEM PROTECT THEIR LAND, PRIMARILY THROUGH CONSERVATION EASEMENTS. 0 0 991927 1134876 LAND PROTECTION PROGRAM: INTERACTING WITH LANDOWNERS IN OUR PROTECTION AREA REGARDING THE PUBLIC BENEFITS AND PURPOSES OF CONSERVATION EASEMENTS AND WORKING WITH LANDOWNERS AND THEIR ADVISORS TO PROTECT LAND AND CONSERVATION VALUES, THEREBY INCREASING PROTECTED LAND, THEREBY ENRICHING LIFE THROUGH LAND PROTECTION. MONITORING AND ENFORCMENT OF EASEMENT TERMS TO ENSURE COMPLIANCE AND PROTECTION OF CONSERVATION VALUES. DURING 2021 THE LAND TRUST PROTECTED 49 PROPERTIES THROUGH VARIOUS MECHANISMS, INCLUDING CONSERVATION EASEMENTS, AND ALSO MONITORED OVER 1,100 CONSERVATION EASEMENTS AND NUMEROUS FEE HOLDINGS. 228323 228323 ARMY COMPATIBLE USE BUFFER (ACUB) PROGRAM: WORKING WITH THE DEPARTMENT OF DEFENSE AND FORT STEWART GEORGIA PURSUANT TO 10 USC 2684A (READINESS ENVIRONMENTAL PROTECTION INTEGRATION PROGRAM), THE LAND TRUST SEEKS CONSERVATION EASEMENTS AND FEE INTERESTS TO LAND SURROUNDING FORT STEWART, IN ORDER TO PROTECT HABITAT AND PREVENT HIGH-DENSITY DEVELOPMENT NEAR THE INSTALLATION, WHICH OTHERWISE COULD IMPACT TRAINING ON POST AND, IN TURN, MILITARY READINESS. IN 2021, THE LAND TRUST PROTECTED AND ASSISTED IN PROTECTING APPROXIMATELY 2,230 ACRES OF LAND SURROUNDING FORT STEWART, HELPING TO ENSURE FORT STEWART'S MILITARY TRAINING AND READINESS MISSION. 793528 793528 HABITAT RESTORATION AND FORESTRY PROGRAM AT FORT STEWART: THE FORT STEWART/HUNTER ARMY AIRFIELD ENVIRONMENTAL PROGRAM ENSURES MILITARY MISSION ACTIVITIES ARE CONDUCTED IN COMPLIANCE WITH APPLICABLE ENVIRONMENTAL LAWS, REGULATIONS AND POLICIES. IN FURTHERANCE OF THIS PROGRAM, GALT PROVIDES ON A REIMBURSEABLE BASIS, PERSONNEL AND MATERIALS REQUIRED TO SUPPORT IMPLEMENTATION OF FORT STEWART'S INTEGRATED NATURAL RESOURCE MANAGEMENT PLAN AND THE ENDANGERED SPECIES ACT (16 USC 1531 ET SEQ.), MIGRATORY BIRD TREATY ACT (16 USC 1361 ET SEQ.), NATIONAL HISTORIC PRESERVATION ACT (54 U.S.C.470), SIKES ACT (16 U.S.C. 670), THE NATIONAL ENVIRONMENTAL POLICY ACT (42 U.S.C. 4321), APPLICABLE IMPLEMENTING REGULATIONS, AND ARMY REGULATIONS 200-1. 132111 ILF-IN-LIEU FEE (GLT-ILF) PROGRAM FACILITATES COMPENSATORY MITIGATION FOR UNAVOIDABLE IMPACTS TO WATERS OF THE UNITED STATES IN THE SAVANNAH DISTRICT OF THE U.S. ARMY CORPS OF ENGINEERS 132111 2145889 1 1 0 1 0 0 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 40 0 1 21 1 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA AL SC FL X TAMMY MORROW (GEORGIA-ALABAMA LAND TRUST INC) 2564471006 226 OLD LADIGA ROAD PIEDMONT AL 36272 THOMAS HAMBY PRESIDENT 2.00 X X 0 0 0 STEPHEN STUTTS VICE PRESIDENT 2.00 X X 0 0 0 TED MCCULLOUGH TREASURER 2.00 X X 0 0 0 DR KENNETH F DAVIS SECRETARY 2.00 X X 0 0 0 BO BICKERSTAFF MEMBER 2.00 X 0 0 0 CHARLES EVANS MEMBER 2.00 X 0 0 0 KENWOOD NICHOLS MEMBER 2.00 X 0 0 0 DR CHIP REED MEMBER 2.00 X 0 0 0 FLOYD BUCK WILEY MEMBER 2.00 X 0 0 0 BRUCE CULPEPPER MEMBER 2.00 X 0 0 0 THAD WATERS MEMBER 2.00 X 0 0 0 CARVER BOYNTON MEMBER 2.00 X 0 0 0 KEVIN STUMP MEMBER 2.00 X 0 0 0 TIA BOHANNON MEMBER 2.00 X 0 0 0 STACEY WATTS MEMBER 2.00 X 0 0 0 TAMMY HERNDON MEMBER 2.00 X 0 0 0 KATHERINE EDDINS EXECUTIVE DIRECTOR 40.00 X 166667 0 12917 HAL ROBINSON LEGAL AFFAIRS 40.00 X 143726 0 12586 ALEX ROBERTSON STAFF ATTORNEY 40.00 X 114889 0 10928 425282 0 36431 3 0 1 0 BBRAC FARMS LLC 2448 US HIGHWAY 411E FAIRMOUNT GA 30139 FORESTRY SITE PREPARATION 123800 1 1325956 888090 475371 2214046 STEWARDSHIP INCOME 110000 652243 652243 PROTECTION INCOME 110000 482624 482624 1134867 195847 195847 19429 3169 16260 16260 -1819 18079 5754198 5306855 447343 447343 447343 42590 17562 25028 25028 GAIN ON SALE OF LAND 561000 96684 96684 MISCELLANEOUS 561000 4827 4827 LOSS ON DISPOSAL OF ASSETS 561000 -2544 -2544 98967 4132358 1877024 -1819 43107 X 515391 453544 36077 25770 742568 652316 52323 37929 53863 46322 4309 3232 76739 65543 6312 4884 90003 79659 6265 4079 48389 18719 29393 277 6913 2613 4300 13804 10475 2587 742 24285 21698 2587 125938 120775 5163 55737 55737 PROGRAM EXPENSE 625999 624404 541 1054 DUES AND SUBSCRIPTIONS 25868 16645 3610 5613 BANK FEES 23567 145 211 23211 BAD DEBT 23322 23322 60775 33031 1824 25920 2513161 2145889 227674 139598 10784684 9453824 11371980 14993649 523247 623903 9143 24493 25824 46109 2673018 478073 2190230 2194945 13339007 15088253 11193695 12393761 49437810 54818937 40015 42877 13530437 17210316 17141524 16381076 30711976 33634269 X 8648344 12079298 10077490 9105370 18725834 21184668 49437810 54818937 1619197 839637 0 X X 0 1 X 1 0 X 1929310 2591618 1635839 2197941 2214046 10568754 1929310 2591618 1635839 2197941 2214046 10568754 10568754 130492 203097 193022 124197 195847 846655 1930 1074 -1819 1185 150356 41143 27423 16303 22906 258131 11674725 0.90530 0.89520 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: HABITAT RESTORATION DATE: 06/30/17 AMOUNT: 1331515. DESCRIPTION: HABITAT RESTORATION DATE: 06/30/18 AMOUNT: 1955731. DESCRIPTION: HABITAT RESTORATION DATE: 06/30/19 AMOUNT: 1059902. DESCRIPTION: HABITAT RESTORATION DATE: 06/30/20 AMOUNT: 1416492. DESCRIPTION: NATURAL RESOURCES SUPPORT-HABITAT DATE: 06/30/21 AMOUNT: 296797. DESCRIPTION: NATURAL RESOURCES SUPPORT-FORESTRY DATE: 06/30/21 AMOUNT: 496731. DESCRIPTION: ARMY COMPATIBLE USE BUFFERING PROJECT DATE: 06/30/17 AMOUNT: 2108983. DESCRIPTION: ARMY COMPATIBLE USE BUFFERING PROJECT DATE: 06/30/18 AMOUNT: 242937. DESCRIPTION: ARMY COMPATIBLE USE BUFFERING PROJECT DATE: 06/30/19 AMOUNT: 297485. DESCRIPTION: ARMY COMPATIBLE USE BUFFERING PROJECT DATE: 06/30/20 AMOUNT: 215651. DESCRIPTION: ARMY COMPATIBLE USE BUFFERING PROJECT DATE: 06/30/21 AMOUNT: 228323. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 0 0 0 0 PART II-B, LINE 1: MEETING WITH REPRESENTATIVES FROM OUR REGION TO DISCUSS LOCAL, STATE, AND NATIONAL LEGISLATION THAT DIRECTLY SUPPORTS LAND CONSERVATION AND THE MISSION OF THE LAND TRUST. X X X X 1165 424551.00 6 7 1 12246.00 745834 551222 40428 8394 2938 580318 498225 55415 2418 551222 390847 20000 89562 2184 498225 374135 30000 -11389 1899 390847 324084 51810 1759 374135 0.57000 0.43000 0 0 1581899 1581899 185043 94424 90619 657606 254526 403080 248470 129123 119347 2194945 ACUB LAND 12393761 12393761 ACCRUED COMPENSATION/ABSENCES 101384 OTHER ACCRUED EXPENSES 27858 ACUB ASSETS HELD 16251834 16381076 X 4991376 839637 19381 859018 4132358 0 4132358 2532542 19381 19381 2513161 0 2513161 PART II, LINE 3: 2021 AMENDMENTS: 1) CONSERVATION EASEMENT (WHITFIELD COUNTY) WAS AMENDED TO INCREASE SPECIAL NATURAL AREA (NO-HARVEST/PRESERVATION AREA), THEREBY FURTHER INCREASING CONSERVATION/PROTECTION ALONG CREEK AND TO CONSOLIDATE BUILDING ENVELOPES INTO A SINGLE AREA, THEREBY REDUCING POTENTIAL IMPACT. 2) CONSERVATION EASEMENT (SUMTER COUNTY) WAS AMENDED TO REDUCE SIZE OF ONE RESERVED BUILDING ENVELOPE, ALSO REDUCED THE TOTAL NUMBER OF RESERVED BUILDING ENVELOPES. 3) CONSERVATION EASEMENT (TALLADEGA COUNTY) WAS AMENDED TO INCREASE FORESTED RIPARIAN BUFFER (AREA OF HEIGHTENED PROTECTION) ALONG CHOCCOLOCCO CREEK BY OVER 1 ACRE, TO ACHIEVE A NET-GAIN IN CONSERVATION. 4) CONSERVATION EASEMENT (CHATTOOGA COUNTY) WAS AMENDED TO REDUCE SIZE OF RESERVED BUILDING ENVELOPE BY 1 ACRE, THEREBY ACHIEVING, AS WELL AS TO RELOCATE SAID ENVELOPE TO AN AREA OF PROPERTY WITH LESS POTENTIAL FOR ANY ECOLOGICAL IMPACT, THEREBY ACHIEVING A NET CONSERVATION GAIN. 5) CONSERVATION EASEMENT (CALHOUN COUNTY) WAS AMENDED TO REDUCE THE NUMBER OF RESERVED BUILDING ENVELOPES, THEREBY ACHIEVING A NET GAIN IN CONSERVATION. 6) CONSERVATION EASEMENT (LEE COUNTY) WAS AMENDED TO ADD OVER 5 ACRES OF HARDWOOD FOREST ALONG CREEK TO THE EXISTING PRESERVATION AREA (HEIGHTENED PROTECTION AND TO ALSO REDUCE SIZE OF OVERALL RESERVED BUILDING AREAS BY OVER 50%, AND TO ADJUST LOCATIONS OF SAID BUILDING AREAS, THEREBY ACHIEVING A SIGNIFICANT NET CONSERVATION GAIN. PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. THE ORGANIZATION APPLIES THE PROVISIONS OF THE ACCOUNTING STANDARDS CODIFICATION RELATING TO UNCERTAINTY IN INCOME TAXES. THE GUIDANCE REQUIRES ENTITIES TO ASSESS THEIR UNCERTAIN TAX POSITIONS FOR THE LIKELIHOOD THAT THEY WOULD BE OVERTURNED UPON IRS EXAMINATION. IN ACCORDANCE WITH THIS GUIDANCE, THE ORGANIZATION HAS DETERMINED THAT IT DOES NOT HAVE ANY POSITIONS AT DECEMBER 31, 2021 AND 2020, THAT IT WOULD BE UNABLE TO SUBSTANTIATE. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING: DIRECT EXPENSE 17,562. RENTAL: DIRECT EXPENSE (AGAINST UBIT) 1,819. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING: DIRECT EXPENSE 17,562. RENTAL: DIRECT EXPENSE (AGAINST UBIT) 1,819. PART II, LINE 9: THE ORGANIZATION HAS MANY EASEMENTS RECORDED IN ITS NAME, HOWEVER DOES NOT REFLECT ASSETS FOR THE EASEMENTS DUE TO THE NOMINAL VALUE ONCE HELD BY GALT. THESE EASEMENTS HAVE BEEN EXPENSED WHEN ACCEPTED. CONSERVATION IS THE PRIMARY PURPOSE OF THE ORGANIZATION. PART II, LINE 2A: THE ACREAGE AND NUMBER OF NUMBER OF EASEMENTS REFERENCED IN FORM 990, SCHEDULE D, ARE BASED UPON BEST AVAILABLE INFORMATION, TRACKING STANDARDS, SURVEY DATA, AND GIS TECHNOLOGY. GA AL FL SC TN MS NC TOWER SHOOT 42250 42250 121 2190 1780 12711 WING NIGHT 340 340 760 42590 42590 121 2190 1780 13471 17562 25028 X 0 0 0 0 0 0 0 0 0 KATHERINE EDDINS EXECUTIVE DIRECTOR 166667 0 0 0 0 0 7733 0 5184 0 179584 0 0 0 HAL ROBINSON LEGAL AFFAIRS 143726 0 0 0 0 0 7186 0 5400 0 156312 0 0 0 X 72 33562 FAIR VALUE X 49 VALUE NOMINAL X CRYPTOCURRENCY: 9.536995 OF BITCOIN 10 441809 FAIR VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND IS REVIEWED BY THE BOARD PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICIES ARE PROVIDED TO ANY PERSON IN A POSITION ABLE TO EXERT INFLUENCE OVER A TRANSACTION OR PROJECT UNDER CONSIDERATION. SIGNED COPIES OF THE CONFLICT OF INTERST POLICY ARE OBTAINED FROM ALL EMPLOYEEES AND DIRECTORS. PERSONS DEFINED BY THE POLICY ARE OBLIGATED TO DISCLOSE ANY POSSIBLE CONFLICT OF INTEREST, ABSENT THEMSELVES FROM BOARD OR COMMITTEE DISCUSSIONS, ABSTAIN FROM DISCUSSIONS AND VOTES, AND POSSIBLY TAKE A TEMPORARY LEAVE OF ABSENCE. IF A POSSIBLE CONFLICT INVOLVES CONTRACTUAL PURCHASES OR SERVICES, A MINIMUM OF THREE OTHER EQUIVALENT QUOTES ARE OBTAINED AND THE FINAL TRANSACTION IS REVIEWED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS AND APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THEIR OFFICE DURING NORMAL BUSINESS HOURS. FORM 990, PART IX, LINE 11G AUDIT SERVICES: PROGRAM SERVICE EXPENSES 209. MANAGEMENT AND GENERAL EXPENSES 25,861. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,070. PAYROLL ADMINISTRATION: PROGRAM SERVICE EXPENSES 2,722. MANAGEMENT AND GENERAL EXPENSES 3,238. FUNDRAISING EXPENSES 255. TOTAL EXPENSES 6,215. COMPUTER MONITORING: PROGRAM SERVICE EXPENSES 7,217. MANAGEMENT AND GENERAL EXPENSES 294. FUNDRAISING EXPENSES 22. TOTAL EXPENSES 7,533. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 8,571. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,571. FORM 990, PART IX, LINE 24E UTILITIES: PROGRAM SERVICE EXPENSES 15,611. MANAGEMENT AND GENERAL EXPENSES 890. FUNDRAISING EXPENSES 1,818. TOTAL EXPENSES 18,319. DEVELOPMENT COSTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 17,730. TOTAL EXPENSES 17,730. TAXES, LICENSES AND FILING FEES: PROGRAM SERVICE EXPENSES 7,801. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 319. TOTAL EXPENSES 8,120. PRINTING AND POSTAGE: PROGRAM SERVICE EXPENSES 2,872. MANAGEMENT AND GENERAL EXPENSES 9. FUNDRAISING EXPENSES 3,940. TOTAL EXPENSES 6,821. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 5,050. MANAGEMENT AND GENERAL EXPENSES 65. FUNDRAISING EXPENSES 1,534. TOTAL EXPENSES 6,649. EDUCATION: PROGRAM SERVICE EXPENSES 1,697. MANAGEMENT AND GENERAL EXPENSES 520. FUNDRAISING EXPENSES 579. TOTAL EXPENSES 2,796. REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 340. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 340. FORM 990 PART XII LINE 2C THE BOARD OF DIRECTORS HAS A SEPARATE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR. THIS FUNCTION HAS NOT CHANGED FROM THE PRIOR YEAR.