2021-06-16T12:38:59-05:00 2020-09-30 061183747 FIORITAKORNHAAS & COMPANY PC 146 DEER HILL AVENUE DANBURY CT 06810 990 2019-10-01 066069060 STEEP ROCK ASSOCIATION INC STEE 8608689131 PO BOX 279 WASHINGTON DEPOT CT 06794 BRIAN HAGENBUCH PHD EXECUTIVE DIRECTOR 8608689131 2021-06-16 1 FIORITA KORNHAAS COMPANY PC P00638833 2037901040 2021-06-16 2019 2022-09-23 18:48:47Z BRIAN HAGENBUCH PHD PO BOX 279 WASHINGTON DEPOT CT 06794 1416830 0 X WWW.STEEPROCKASSOC.ORG X 1961 CT TO CONSERVE ECOLOGICALLY AND HISTORICALLY SIGNIFICANT LANDSCAPES IN AND AROUND WASHINGTON, CT AND THE SHEPAUG RIVER VALLEY AND TO ENHANCE THE COMMUNITY'S CONNECTION WITH NATURE.THE ASSOCIATION IS ACCREDITED BY THE LAND TRUST ALLIANCE AND THUS FOLLOWS ITS STANDARDS AND PRACTICES. 29 29 13 182 0 0 3233639 1147142 5308 10932 75039 11401 0 0 3313986 1169475 0 0 0 0 301639 337830 0 0 43028 390662 351493 692301 689323 2621685 480152 18320189 19017380 20099 25131 18300090 18992249 STEEP ROCK ASSOCIATION IS A LAND TRUST WHOSE MISSION IS TO CONSERVE ECOLOGICALLY AND HISTORICALLY SIGNIFICANT LANDSCAPES IN AND AROUND WASHINGTON, CT AND THE SHEPAUG RIVER VALLEY AND TO ENHANCE THE COMMUNITY'S CONNECTION WITH NATURE. 0 0 565233 10932 IN PURSUING ITS MISSION, STEEP ROCK ASSOCIATION WILL:- USE BEST MANAGEMENT PRACTICES TO MAINTAIN AND MANAGE THE LANDS AND IMPROVEMENTS ENTRUSTED TO IT FOR PASSIVE RECREATION, THE PROTECTION OF NATIVE FLORA AND FAUNA, AND TO SUPPORT SUSTAINABLE AGRIGULTURE.- STRIVE TO RAISE ENVIRONMENTAL CONSCIOUSNESS BY ENHANCING THE COMMUNITY'S KNOWLEDGE AND APPRECIATION OF NATURE AND ITS AWARENESS OF STEEP ROCK'S ON-GOING CONTRIBUTIONS TO THE CULTURE AND HISTORY OF THE TOWN OF WASHINGTON.- PURSUE LAND-BASED NON-COMMERCIAL ACTIVITIES THAT BENEFIT BOTH STEEP ROCK AND THE COMMUNITY. 565233 1 1 0 0 0 0 1 0 0 0 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 1 1 0 0 0 0 0 0 0 0 1 21 0 1 13 1 0 0 0 0 0 0 0 0 0 0 0 0 X 29 29 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CT X X X BRIAN HAGENBUCH PHD 8608689131 2 GREEN HILL ROAD WASHINGTON DEPOT CT 06794 X THOMAS M RICKART PRESIDENT 4.00 X X 0 0 0 PEARY STAFFORD SECRETARY 4.00 X X 0 0 0 JOHN SANTOLERI TREASURER 4.00 X X 0 0 0 LINDA ALLARD TRUSTEE 2.00 X 0 0 0 HOWARD BARNET JR TRUSTEE 2.00 X 0 0 0 JIM BRINTON EX-OFFICIO TRUSTEE 2.00 X 0 0 0 BARBARA BROWN TRUSTEE 2.00 X 0 0 0 SARA CARTER TRUSTEE 2.00 X 0 0 0 WILLIAM COLEMAN TRUSTEE 2.00 X 0 0 0 SALLY CORNELL TRUSTEE 2.00 X 0 0 0 WILLIAM FAIRBAIRN TRUSTEE 2.00 X 0 0 0 JOSEPH J HANGGI JR TRUSTEE 2.00 X 0 0 0 JOHN HERRMANN JR TRUSTEE 2.00 X 0 0 0 GREGORY HEYMAN TRUSTEE 2.00 X 0 0 0 RACHEL JACOBELLIS TRUSTEE 2.00 X 0 0 0 ELIOT JOHNSON TRUSTEE 2.00 X 0 0 0 MICHAEL LLOYD TRUSTEE 2.00 X 0 0 0 ROBERT MICHELETTO TRUSTEE 2.00 X 0 0 0 ALAN MNUCHIN TRUSTEE 2.00 X 0 0 0 REESE OWENS TRUSTEE 2.00 X 0 0 0 RAYMOND REICH TRUSTEE 2.00 X 0 0 0 ALLISON RUBLER TRUSTEE 2.00 X 0 0 0 JODI SCHWARTZ TRUSTEE 2.00 X 0 0 0 JOANNA SEITZ TRUSTEE 2.00 X 0 0 0 KASIA SMITH TRUSTEE 2.00 X 0 0 0 STEPHEN SOLLEY TRUSTEE 2.00 X 0 0 0 DENISE TREVENEN TRUSTEE 2.00 X 0 0 0 LESLIE RUBLER WARNER TRUSTEE 2.00 X 0 0 0 LYNN WERNER TRUSTEE 2.00 X 0 0 0 0 0 0 0 0 0 0 0 71342 1075800 284617 1147142 OTHER FEES AND INCOME 813312 10726 10726 MAP SALES 813312 206 206 10932 59127 59127 199629 247355 -47726 -47726 -47726 1169475 10932 0 11401 X 280489 250680 9013 20796 5830 5211 187 432 24869 22226 799 1844 26642 23811 856 1975 5859 5737 122 22088 22088 25690 25690 86706 81552 2683 2471 5922 4822 1100 23209 20742 746 1721 50883 50335 165 383 29103 26900 660 1543 SUPPLIES & OTHER OPERAT 72424 53948 9212 9264 PROFESSIONAL DEVELOPMEN 20220 18071 650 1499 MAINTENANCE, REPAIR AND 9389 6020 3369 0 689323 565233 81062 43028 729037 450799 145941 454161 2600 0 3140 5683 15446564 375386 14624786 15071178 2779685 2977175 35000 58384 18320189 19017380 20099 25131 20099 25131 X 17913517 18562605 386573 429644 18300090 18992249 18320189 19017380 480152 212007 0 X 0 1 X 1 0 X 807721 673446 777904 1427139 1147142 4833352 20911 11316 5803 5308 10932 54270 828632 684762 783707 1432447 1158074 4887622 255526 305532 273626 190186 399046 1423916 217356 211373 113933 364506 157005 1064173 472882 516905 387559 554692 556051 2488089 2399533 46389 50363 55971 71425 59127 283275 46389 50363 55971 71425 59127 283275 875021 735125 839678 1503872 1217201 5170897 0.46400 0.44220 0.05480 0.04850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 108 2665.00 0 0 0 1 1 216.00 5869 13909796 13909796 399987 65895 334092 122622 93493 29129 1014159 215998 798161 15071178 1355792 212007 212007 1143785 25690 25690 1169475 663633 0 663633 25690 25690 689323 PART II LINE 9 CONSERVATION EASEMENTS ARE PERPETUAL AGREEMENTS BETWEEN THE ASSOCIATION AND PRIVATE LANDOWNERS THROUGH WHICH THE LANDOWNERS AGREE TO ABIDE BY CERTAIN RESTRICTIONS DESIGNED TO PRESERVE THE OPEN SPACE OR CONSERVATION VALUE OF THEIR LAND. CONSERVATION EASMENTS ARE REAL PROPERTY RIGHTS BUT POSSESS NO MARKET VALUE DUE TO A RESALE MARKET THAT IS LIMITED TO THE OWNER OF THE FEE TITLE OF THE RESTRICTED PROPERTY. BECAUSE OF THIS LIMITED MARKET AND OBLIGATIONS IN EASEMENT OWNERSHIP, CONSERVATION EASMENTS ARE NOT REFLECTED IN THE ASSOCIATION'S FINANCIAL STATEMENTS. CS PARTNERS LLC PARTNERSHIP OWNED BY A GROUP OF TRUSTEES 215981 IN OCTOBER 2018 THE ASSOCIATION SIGNED AN ACKNOWLEDGEMENT THAT A GROUP OF THEIR TRUSTEES HAD AGREED TO PURCHASE PROPERTY ADJACENT TO THEIR MACRICOSTAS PRESERVE INDEPENDENT OF THE ASSOCIATION. THE PROPERTY WAS HELD FOR THE ASSOCIATION, AT ITS OPTION, TO PURCHASE AT A DISCOUNTED PRICE. IN MARCH 2020 THE ASSOCIATION PURCHASED THE PROPERTY AND REIMBURSED THE GROUP FOR COSTS RELATED TO HOLDING THE PROPERTY. THE AMOUNTS PAID AT CLOSING WERE AS FOLLOWS:PURCHASE PRICE $200,000SELLER ATTORNEY FEES 1,226LOAN INTEREST 7,157OTHER OPERATING COSTS 1,960THE FAIR MARKET VALUE (FMV) OF THE PROPERTY BASED ON A PROFESSIONAL APPRAISAL WAS $495,000. THE ASSOCIATION RECORDED A $284,617 GIFT IN KIND FOR THE EXCESS OF THE FMV OF THE PROPERTY OVER THE TOTAL CONSIDERATION PAID.IN ADDITION DURING THE YEAR THE ASSOCIATION REIMBURSED THE GROUP OF TRUSTEES FOR THE CARRYING COSTS OF THE PROPERTY. THE AMOUNTS PAID DURING THE YEAR WAS $5,638. 0 X 1 284617 APPRAISAL 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 THE BOARD OF TRUSTEES REQUIRES ALL BOARD MEMBERS TO SUBMIT A CONFLICT OF INTEREST FORM EACH YEAR WHICH IS REVIEWED BY THE EXECUTIVE COMMITTEE. A NUMBER OF TRUSTEES ARE ENGAGED IN PROFESSIONAL RELATIONSHIPS AS ATTORNEYS, REAL ESTATE AND INSURANCE BROKERS AND CONTRACTORS WITH CLIENTS WHO INCLUDE OTHER TRUSTEES AT NORMAL COMMERCIAL RATES AND TERMS. NO TRUSTEES OR RELATED PARTIES THERETO PERFORMED PAID PROFESSIONAL SERVICES FOR THE ASSOCIATION IN THE CURRENT FISCAL YEAR, OR SUCH WORK WAS PROVIDED WITH FULL DISCLOSURE TO THE BOARD AND AT NORMAL COMMERCIAL RATES AND TERMS. TWO TRUSTEES ARE RELATED THROUGH FAMILY. FORM 990, PART VI, SECTION B, LINE 11B THE ASSOCIATION'S PROCESS FOR FILING FORM 990 IS TO HAVE THE EXECUTIVE DIRECTOR AND MEMBERS OF THE AUDIT COMMITTEE REVIEW A DRAFT COPY FOR FINANCIAL INFORMATION REPORTED AND INFORMATION ON THE ASSOCIATION'S PROGRAMS AND SERVICES, AND OVERALL MISSION STATEMENT. FORM 990, PART VI, SECTION B, LINE 12C STEEP ROCK ASSOCIATION REQUIRES AN ANNUAL REVIEW AND DISCLOSURE OF CONFLICTS OF INTEREST BY AND BETWEEN MEMBERS OF THE BOARD OF TRUSTEES AND EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18 STEEP ROCK'S FORM 990 IS AVAILABLE ON THE ASSOCATION'S WEBSITE, AT GUIDESTAR.ORG AND AT THE STEEP ROCK OFFICE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 STEEP ROCK ASSOCIATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE BY PROVIDING COPIES ON REQUEST AND INSPECTION AT ITS PRIMARY OFFICE. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 81,552. MANAGEMENT AND GENERAL EXPENSES 2,683. FUNDRAISING EXPENSES 2,471. TOTAL EXPENSES 86,706.