2021-07-26T14:30:39-05:00 2020-12-31 043097400 KEVIN P MARTIN & ASSOCIATES PC 10 NORTH MAIN 2 FL FALL RIVER MA 02720 990 2020-01-01 237216308 WESTPORT LAND CONSERVATION TRUST INC WEST 5086369228 573 ADAMSVILLE ROAD PO BOX 3975 WESTPORT MA 02790 DUDLEY L MILLIKIN III PRESIDENT 5086369228 2021-07-26 1 DUDLEY MILLIKIN III 999009999 SANDRA COSTA-INACIO P00679613 7813803520 2021-07-26 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DUDLEY L MILLIKIN III 573 ADAMSVILLE ROAD PO BOX 3975 WESTPORT MA 02790 4631354 0 X WWW.WESTPORTLANDTRUST.ORG X 1972 MA TO PRESERVE AND PROTECT WESTPORT'S NATURAL RESOURCES FOR PEOPLE AND NATURE. 12 12 9 70 0 0 1653431 4361731 0 0 43794 48289 -303 -3378 1696922 4406642 0 0 0 0 330476 328123 0 0 215362 291229 2035782 621705 2363905 1075217 2042737 14963727 17622656 12046 455096 14951681 17167560 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 2053152 TO PROTECT FARMLAND, WOODLAND, OPEN SPACES AND OTHER NATURAL RESOURCES THROUGH LAND ACQUISITION, LAND MANAGEMENT AND COMMUNITY EDUCATION. 2053152 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 1 0 0 0 0 0 0 0 1 20 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 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 INGRID DAVIDGE DIRECTOR 1.00 X 0 0 0 KATE SCHMITT DIRECTOR 1.00 X 0 0 0 STEVE MCGUINESS DIRECTOR 1.00 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 DUDLEY L MILLIKIN III PRESIDENT 3.00 X X 0 0 0 HENRY SWAN CO VICE PRESIDENT 1.00 X X 0 0 0 CHRISTINE SHAPLEIGH SCHMID CO VICE PRESIDENT 3.00 X X 0 0 0 PATRICIA CERILLI TREASURER 1.00 X X 0 0 0 KATE NEAVE SECRETARY 1.00 X X 0 0 0 ROSS MORAN EXECUTIVE DIRECTOR 40.00 X 106173 0 0 106173 0 0 1 0 0 0 RP VALOIS & COMPANY INC 29 RUSSELLS MILLS ROAD DARTMOUTH MA 02748 CONSTRUCTION, GROSS 305433 1 60659 2228 90421 4208423 46751 4361731 31084 31084 238539 221334 17205 17205 17205 0 2228 3378 -3378 -3378 4406642 0 0 44911 294412 86876 65771 141765 4883 3470 706 707 28828 8711 6791 13326 934 760 174 15993 15993 44245 36750 50 7445 1872 397 1475 36091 18638 5678 11775 2215 1527 228 460 556 556 23929 23929 12088 12088 IMPAIRMENT LOSS ON LAND 1588981 1588981 PURCHASE OF CONSERVATIO 264985 264985 SPECIAL PROJECTS & ALLO 26362 4005 22357 REPAIRS AND MAINTENANCE 8587 2035 6552 8944 8944 2363905 2053152 95391 215362 362109 401749 1554240 1602372 169148 320773 11613 14971 12800494 74718 10966748 12725776 1893869 2007015 6000 550000 14963727 17622656 12046 15096 440000 12046 455096 X 1055926 1780069 13895755 15387491 14951681 17167560 14963727 17622656 2042737 173142 0 X X 0 1 X 1 0 X 1659023 2511763 890740 1647431 4361731 11070688 1659023 2511763 890740 1647431 4361731 11070688 4104620 6966068 1746 6937 20203 34797 31084 94767 -2121 4903 -2852 -70 11165385 0.62390 0.73930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 56 1255.00 0 1 1 44.00 71138 3317978 3970479 221931 4031490 3478898 2209568 1499563 140969 532122 3317978 2604222 2578028 -3461 2969221 2209568 1544840 3038943 6179 1985740 2604222 995787 1581206 1049 1033202 1544840 0.00710 0.61140 0.38150 0 0 11929237 11929237 789601 24284 765317 81656 50434 31222 12725776 4314560 173142 3378 176520 4138040 268602 268602 4406642 513317 3378 3378 509939 1853966 1853966 2363905 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 XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 3,378. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT RETURN REPORTED AS NON-OPERATING ON FS 221,431. PPP CONDITIONAL GRANT CONTRIBUTION REPORTED AS NON-OPERATING ON FS 47,171. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 3,378. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON IMPAIRMENT REPORTED AS NON-OPERATING ON FS 1,588,981. PURCHASE OF CONSERVATION EASEMENT REPORTED AS NON-OPERATING ON FS 264,985. 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 LAND 1 46751 APPRAISAL 0 1 0 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. 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. RESPONSIBILITY FOR OVERSIGHT OF AUDIT THE EXECUTIVE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.