2021-04-14T11:21:40-05:00 2020-06-30 231980475 KREISCHER MILLER 100 WITMER ROAD SUITE 350 HORSHAM PA 190442369 990 2019-07-01 236272818 NATURAL LANDS TRUST INC NATU 6103535587 1031 PALMERS MILL ROAD MEDIA PA 19063 OLIVER P BASS PRESIDENT 6103535587 2021-04-09 1 CHRISTOPHER M PEKULA P00734965 2154414600 2019 2022-09-23 18:48:47Z OLIVER P BASS 1031 PALMERS MILL ROAD MEDIA PA 19063 17887240 0 X WWW.NATLANDS.ORG X 1960 PA NLT SAVES OPEN SPACE, CARES FOR NATURE AND CONNECTS PEOPLE TO THE OUTDOORS. (SEE SCHEDULE O) 20 20 104 686 -45989 -45989 13732737 9498341 1337448 1203069 3587786 5257255 81008 156276 18738979 16114941 3959913 1942368 0 0 6068425 6424487 0 0 1053937 10254049 5211202 20282387 13578057 -1543408 2536884 289670001 288000033 6834519 2838421 282835482 285161612 X SEE SCHEDULE O 0 0 4619929 1942368 523698 SAVING OPEN SPACENATURAL LANDS IS UNIQUE AMONG THE REGION'S CONSERVATION ORGANIZATIONS BECAUSE OF HOW MUCH LAND WE OWN. WE TAKE THIS APPROACH BECAUSE, IF WE OWN IT, WE KNOW IT WILL BE PROTECTED AND CARED FOR FOREVER.WE CURRENTLY OWN 43 NATURE PRESERVES AND ONE PUBLIC GARDEN ACROSS TWO STATES AND 13 COUNTIES, TOTALING NEARLY 23,000 ACRES. AND COUNTING.MANY TIMES, THE LAND WE SAVE REMAINS IN PRIVATE OWNERSHIP BUT WE PLACE(CONTINUED ON SCHEDULE O)IT UNDER A CONSERVATION EASEMENT, WHICH PERMANENTLY LIMITS A PROPERTY'S USE.WE CURRENTLY HOLD 371 EASEMENTS (55 - BY MCLT) ON MORE THAN 25,000 ACRES. MEMBERS OF OUR STAFF MONITOR THESE PROPERTIES EVERY YEAR TO ENSURE THE TERMS OF THE EASEMENTS ARE BEING UPHELD. BECAUSE OF OUR EXPERTISE IN BUYING LAND OUTRIGHT (AND IN SECURING GRANT MONEY TO PAY FOR IT), WE'VE LEARNED OVER THE YEARS THAT WE CAN HELP OTHER ORGANIZATIONS AND GOVERNMENT ENTITIES ACQUIRE OPEN SPACE BY BUYING IT AND THEN "FLIPPING" THE LAND TO THEM. WE DO THIS MOST OFTEN FOR STATE PARKS AND FORESTS, AND FOR LOCAL COMMUNITIES. IN ADDITION TO BUYING LAND ON BEHALF OF THESE PARTNERS, WE ALSO HELP THEM MANAGE THE LAND THEY OWN USING SMART, SUSTAINABLE, TRIED-AND-TRUE PRACTICES.IN ADDITION, WE HELP MUNICIPALITIES RAISE MONEY FOR OPEN SPACE, REVISE THEIR ZONING CODES TO HELP THEM RETAIN OPEN SPACE DURING DEVELOPMENT, IMPROVE THEIR PARKS, AND BUILD TRAIL SYSTEMS. 5604069 606045 CARING FOR NATUREYOU KNOW THAT OLD ADAGE "LET NATURE TAKE ITS COURSE"? THAT IS NOT ALWAYS BEST. NATURAL AREAS NEED HELP TO BECOME--AND REMAIN- PLACES WHERE PEOPLE, PLANTS, AND WILDLIFE CAN THRIVE. THAT'S WHY NEARLY HALF OUR STAFF ARE COMMITTED TO CARING FOR OUR PRESERVES. IN FACT, THIS COMMITMENT TO CARING FOR NATURE IS ONE OF THE REASONS WHY NATURAL LANDS OWNS SO MUCH LAND SO WE CAN ACTIVELY ENRICH AND RESTORE OUR PRESERVES, BALANCING THE NEEDS OF NATURE AND HER VISITORS.(CONTINUED ON SCHEDULE O)OUR LAND STEWARDSHIP PROGRAMS INCLUDE: A - RETURNING FORMER FARM FIELDS TO FORESTS BY PLANTING THOUSANDS OF TREES. AS THEY GROW, THEY PREVENT EROSION AND PROVIDE CRITICAL FOREST HABITAT FOR BIRDS, BUGS AND BEYOND.B - EXPLORING AND EMPLOYING AN ARRAY OF TECHNIQUES TO CONTROL THE SPREAD OF INVASIVES ON OUR PRESERVES.C - IMPROVING WATER QUALITY OF THE CREEKS THAT MEANDER THROUGH OUR PRESERVES BY PLANTING TREES AND SHRUBS ALONG THEM. D - RE-ESTABLISHING ONCE PLENTIFUL HABITATS BY TRANSFORMING RETIRED FARM FIELDS TO GRASSLANDS. 1020590 64110 CONNECTING PEOPLE TO THE OUTDOORS...AND TO EACH OTHERWHEN WE SPEND TIME IN NATURE, WE'RE HAPPIER AND HEALTHIER. PLUS, THE FUTURE OF CONSERVATION REQUIRES THAT THERE BE PASSIONATE NATURE-LOVERS TO CARRY ON OUR WORK. THAT'S WHY WE'RE COMMITTED TO CREATING OPPORTUNITIES FOR JOY AND DISCOVERY IN THE OUTDOORS FOR EVERYONE. OUR NATURE PRESERVES ARE OPEN FOR EVERYONE TO VISIT, AND ARE ALWAYS FREE. IN ADDITION TO PLACES FOR EXPLORATION, OUR PRESERVES ALLOW US TO HOST MORE THAN 100 EVENTS EVERY YEAR CATERING TO DIFFERENT PEOPLE WITH DIFFERENT INTERESTS. (CONTINUED ON SCHEDULE O)IN PARTICULAR, WE ARE COMMITTED TO OFFERING AN ARRAY OF EVENTS FOR CHILDREN SO THAT THE NEXT GENERATION HAS THE OPPORTUNITY TO BUILD A LONG-LASTING CONNECTION TO THE NATURAL WORLD. WE ALSO ENCOURAGE PEOPLE TO DEVELOP A DEEPER CONNECTION TO NATURAL LANDS AND, BY EXTENSION, OUR PRESERVES THROUGH OUR FORCE OF NATURE VOLUNTEER PROGRAM. FORCE OF NATURE VOLUNTEERS LEARN VALUABLE LAND MANAGEMENT AND CONSERVATION STRATEGIES, HONE OUTREACH AND LEADERSHIP SKILLS, AND MEET GREAT PEOPLE.IN ADDITION, WE ARE COMMITTED TO ENSURING EQUITABLE ACCESS TO NATURE TO URBANIZED COMMUNITIES IN OUR REGION. WITH PARTNERS IN PHILADELPHIA, COATESVILLE, CHESTER, AND POTTSTOWN, WE ARE WORKING TO SET ASIDE OPEN SPACE, IMPROVE PARKS, BRING OUTDOOR EDUCATION TO SCHOOLS, AND ENCOURAGE GREENING. 9216 CONSERVATION EFFORTS 9216 11244588 1 1 0 1 0 0 1 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 79 0 1 104 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA NJ X THE ORGANIZATION 6103535587 HILDACY FARM 1031 PALMERS MILL ROAD MEDIA PA 19063 BARBARA B ARONSON TRUSTEE 1.00 X 0 0 0 CHRISTOPHER H WASHBURN TRUSTEE 1.00 X 0 0 0 DOUGLAS W TALLAMY PHD TRUSTEE 1.00 X 0 0 0 JANE G PEPPER VICE CHAIRPERSON/TRUSTEE 1.00 X X 0 0 0 JOHN W LEA TRUSTEE 1.00 X 0 0 0 KATHARINE F MARONEY TRUSTEE 1.00 X 0 0 0 LLOYD H BROWN TRUSTEE 1.00 X 0 0 0 PENELOPE P WATKINS TRUSTEE 1.00 X 0 0 0 PETER O HAUSMANN CHAIRPERSON/TRUSTEE 1.00 X X 0 0 0 JASON DUCKWORTH TRUSTEE 1.00 X 0 0 0 ROBERT K STETSON TRUSTEE 1.00 X 0 0 0 SUSAN P MUCCIARONE TRUSTEE 1.00 X 0 0 0 WILLIAM G WARDEN IV TRUSTEE 1.00 X 0 0 0 WILLIAM Y WEBB TRUSTEE 1.00 X 0 0 0 JEFFREY J IDLER TRUSTEE 1.00 X 0 0 0 GAIL M HARRITY TRUSTEE 1.00 X 0 0 0 STEPHAN K PAHIDES TRUSTEE 1.00 X 0 0 0 DAVID W WEAVER TRUSTEE 1.00 X 0 0 0 ANDREW I VANDENBRUL TRUSTEE 1.00 X 0 0 0 ANN LOFTUS TRUSTEE 1.00 X 0 0 0 OLIVER P BASS PRESIDENT/CEO 40.00 X 184693 0 18257 H SCOTT WENDLE VP PRESERVE STEWARDSHIP 40.00 X 110690 0 21560 PETER WILLIAMSON VP CONSERVATION SERVICES 40.00 X 115763 0 21619 ANN C HAUSMANN VP DEVELOPMENT 40.00 X 141314 0 23074 DAVID A D'ANTONIO VICE PRESIDENT FINANCE 40.00 X 129254 0 26471 KELLY HERRENKOHL VICE PRESIDENT 40.00 X 64473 0 6285 TAMARA J LORAH CONTROLLER 40.00 X 100626 0 13710 846813 0 130976 6 0 1 0 TIFF 170 N RADNOR CHESTER RD 300 WAYNE PA 19087 INVESTMENT SERVICES 326433 THINK GREEN LLC PO BOX 528 GLENSIDE PA 19038 CONSTRUCTION SERVICES 171411 FLECK CONSTRUCTION PAVING & EXCAVATING 8 KEEN RD SPRING CITY PA 19475 CONSTRUCTION SERVICES 124760 NAVE NEWELL INC 900 W VALLEY RD 1100 WAYNE PA 19087 LEGAL SERVICES 122891 4 2977177 6521164 801257 9498341 SERVICE INCOME 900099 1203069 1203069 1203069 232920 -45989 278909 156276 0 156276 156276 156276 186446 6610188 -3599004 5371303 3785450 1238885 5024335 5024335 16114941 1203069 -45989 5459520 1942368 1942368 956539 469827 255882 230830 4059256 3091688 520779 446789 211851 166959 24405 20487 835331 601399 121394 112538 361510 258492 55133 47885 348528 299763 38591 10174 48555 48020 535 45040 45040 6104 6104 63860 62711 519 630 661157 584829 23994 52334 130568 84045 11248 35275 233615 226073 4458 3084 100077 96536 2140 1401 119778 67311 18758 33709 1166834 1157368 9466 239031 158278 74766 5987 CONSERVATION EASEMENT R 1386381 1386381 FORESTRY & LANDSCAPING 451403 451403 LIST DEVELOPMENT PRINTI 86557 40039 3258 43260 MEMBERSHIPS 41226 5403 31048 4775 82488 45695 32014 4779 13578057 11244588 1279532 1053937 681710 1753769 17766989 14226564 16098477 10320209 438566 544948 34703 33499 156969738 12787374 144393061 144182364 76895036 87222991 33361459 29715689 289670001 288000033 1497826 857960 594937 769461 4741756 1211000 6834519 2838421 X 73762111 78933726 209073371 206227886 282835482 285161612 289670001 288000033 X 2536884 725720 -936474 X X 0 1 X 1 0 X 90165912 31826995 17448414 13732740 9498341 162672402 90165912 31826995 17448414 13732740 9498341 162672402 61285136 101387266 894203 979183 1129240 726626 389196 4118448 166790850 7023915 0.60790 0.60490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6104 6104 11238484 11244588 712229 178057 0 0 820107 764784 1000000 712229 3297120 4945680 9648 24190 17399 6104 57341 205027 191196 250000 178057 824280 1236420 X X X X 316 21299.58 7 3 1 4961.00 206176 78437582 8635749 6370768 4271538 89172561 70747813 5184285 6210071 3704587 78437582 61098055 6321658 6499082 3170982 70747813 52073875 5260459 6778257 3014536 61098055 41510545 12923130 157366 2517166 52073875 0.31820 0.65200 0.02980 0 0 2342064 1762026 580038 154627674 11025348 143602326 144182364 POOLED INVESTMENT FUNDS 86524157 F LP INVESTMENTS 698834 F 87222991 BENEFICIAL INTEREST IN PERPETUAL TRUST (THE NATURAL LANDS TRUST) 26776442 DEPOSITS ON NATURAL LANDS 235607 PROPERTY HELD FOR SALE 2703640 29715689 PAYCHECK PROTECTION PROGRAM LOAN 1211000 1211000 X 15901851 725720 -936474 -210754 16112605 2336 2336 16114941 13575721 0 13575721 2336 2336 13578057 PART II, LINE 3: 1 - BRYN COED - LOT 18 MOUL HERBERT EASEMENT - AMENDMENT TO ACKNOWLEDGE TRAIL AMENDMENT AND RESTATEMENT 2 - HERBINE EASEMENT - INCREASE THE MAXIMUM HEIGHT OF EXISITING IMPROVEMENT AND TO DECREASE THE AGGREGATE IMPERVIOUS COVERAGE FOR ALL IMPROVEMENTS 3 - HOPKINS 2 EASEMENT - WEST PIKELAND - AMENDMENT TO VOID THE ACCESS EASEMENT AND REPLACE IT 4 - MILL CREEK EASEMENT - RE-RECORDED THE CONSERVATIONEASEMENT TO CORRECT INCONSISTENCIES 5 - PINE HILL (FORGE HILL) EASEMENT - CONDEMNATION OF RIGHT OF WAYS 6 - BRYN COED LOT 15 BOP HOLDINGS LLC2 EASEMENT - AMENDMENT TO ACKNOWLEDGE TRAIL AMENDMENT AND RESTATEMENT 7 - BRYN COED LOT 16 - OPEN LANDS LLC EASEMENT - AMENDMENT TO ACKNOWLEDGE TRAIL AMENDMENT & RESTATEMENT THAT COVERS THE LOT PART II, LINE 5: NATURAL LANDS TRUST (NLT) ACCEPTS THE OBLIGATION OF PERPETUAL ENFORCEMENT WITH EVERY CONSERVATION EASEMENT THAT IT RECEIVES. OUR ENFORCEMENT OBLIGATIONS ARE FOR THE SPECIFIC TERMS AND RESTRICTIONS OF THE EASEMENT AS UNDERPINNED BY THE BROAD CONSERVATION PURPOSES AND OBJECTIVES. EVERY EASEMENT DESCRIBES THE LEGAL MECHANISMS THAT WE MAY USE TO ENFORCE RESTRICTIONS AND PROTECT THE CONSERVATION PURPOSE. NATURAL LANDS TRUST RECOGNIZES THAT THE OBLIGATION TO DEFEND AND ENFORCE CONSERVATION EASEMENTS IS CRITICAL TO OUR CONSERVATION MISSION, OUR STATUS AS A QUALIFIED CONSERVATION ORGANIZATION, AND THE VIABILITY OF EASEMENTS AS A CONSERVATION TOOL. EASEMENT ENFORCEMENT IS NOT ONLY IMPORTANT TO THE CONSERVATION COMMUNITY, BUT IT WILL ALSO MAINTAIN PUBLIC TRUST AND GOVERNMENTAL SUPPORT FOR THE SPECIAL CONSIDERATION EASEMENTS ARE ACCORDED BY THE INTERNAL REVENUE SERVICE AND THE JUDICIAL SYSTEM. NLT ADOPTS THE FOLLOWING POLICIES REGARDING THE DEFENSE AND ENFORCEMENT OF CONSERVATION EASEMENTS: 1. IN ACCORDANCE WITH THE INTERNAL REVENUE SERVICE REQUIREMENTS, NLT SHALL MAINTAIN ADEQUATE FUNDS OR INSURANCE FOR THE ENFORCEMENT OF CONSERVATION EASEMENTS AND WILL REMAIN COMMITTED TO THE ENFORCEMENT OF THE CONSERVATION PURPOSES. 2. NLT SHALL SEEK A STEWARDSHIP ENDOWMENT FROM TRANSFERORS OF EASEMENTS FOR ORDINARY ADMINISTRATION AND STEWARDSHIP OF THE EASEMENT. THE STEWARDSHIP ENDOWMENT FUNDS REQUESTED FROM INDIVIDUAL EASEMENT TRANSFERORS WILL BE SUFFICIENT TO PROVIDE A SURPLUS IN EXCESS OF THE COSTS OF ORDINARY ADMINISTRATION, AND ANY SURPLUS THAT IS GENERATED BY THE ENDOWMENT WILL BE DEDICATED TO A FUND FOR LEGAL ENFORCEMENT. IN CASES WHERE THE CONSERVATION BENEFIT IS GREAT, THE BOARD OF TRUSTEES (BOT) HAS THE DISCRETION TO ACCEPT A CONSERVATION EASEMENT THAT IS NOT ADEQUATELY ENDOWED. FOR PURPOSES OF THIS SECTION, THE WORDS "TRANSFEROR AND "TRANSFERORS" SHALL BE DEEMED TO INCLUDE ALL PERSONS OR ENTITIES WHO OR WHICH GIVE OR SELL (INCLUDING A BARGAIN SALE) AN EASEMENT, IN THE CASE OF A PERSON, DURING HIS OR HER LIFETIME AND SHALL ALSO INCLUDE, WHERE APPLICABLE, THE EXECUTOR OR TRUSTEE OF THE ESTATE OF A DECEASED PERSON WHO TRANSFERS AN EASEMENT AFTER THE DECEASED INDIVIDUAL'S DEATH. 3. NLT SHALL DRAFT CONSERVATION EASEMENTS USING THE SERVICES OF EXPERIENCED LEGAL ADVISORS TO ELIMINATE AMBIGUOUS AND VAGUE RESTRICTIONS IN ORDER TO MINIMIZE THE COST OF ENFORCEMENT, AND DISCOURAGE LEGAL CHALLENGES BY LANDOWNERS. NLT'S EASEMENTS WILL BE DRAFTED TO REQUIRE LANDOWNER PAYMENT OF ALL COSTS REASONABLY INCURRED IN THE COURSE OF PERFORMING OUR DUTIES, OTHER THAN ORDINARY ADMINISTRATIVE TASKS SUCH AS ANNUAL MONITORING. 4. STAFF SHALL ENDEAVOR TO RESOLVE ALL EASEMENT VIOLATIONS EFFICIENTLY AND IN A TIMELY MANNER. RECOGNIZING THAT THE GOAL OF THE EASEMENT PROGRAM IS TO PROMOTE LAND STEWARDSHIP THAT ADVANCES THE HEALTH OF THE NATURAL RESOURCES OF EASED PROPERTIES AND THE ADJOINING AREA, NLT SHALL SEEK TO RESOLVE VIOLATIONS, OR POTENTIAL VIOLATIONS, AMICABLY BY A RANGE OF ACTIONS THAT BEGIN WITH LANDOWNER EDUCATION AND ASSISTANCE WITH HABITAT IMPROVEMENT, FOLLOWED BY ACTIONS OF INCREASING RIGOR WHEN VIOLATIONS ARE NOT ADDRESSED IN A TIMELY MANNER. THE FOLLOWING PROCEDURES AND PROTOCOLS OUTLINE THE RESPONSIBILITIES OF STAFF, OFFICERS, AND THE BOT IN THE ADMINISTRATION AND ENFORCEMENT OF EASEMENTS. MONITORING & DOCUMENTATION STAFF SHALL MONITOR EASEMENTS ON AN ANNUAL BASIS. STAFF SHALL KEEP RECORDS OF MONITORING ACTIVITIES. IN INSTANCES OF POTENTIAL VIOLATIONS OR NON-COMPLIANCE, PHOTOGRAPHS, MAPS AND DESCRIPTIONS OF THE VIOLATION OR NON-COMPLIANT ACTIVITY SHALL BE RECORDED BY STAFF. STAFF SHALL KEEP NOTES AND RECORDS OF COMMUNICATIONS WITH LANDOWNERS TO DOCUMENT THE PROGRESS OF ENFORCEMENT AND MEASURES UNDERTAKEN TO ACHIEVE THE EASEMENT OBJECTIVES. CO-HOLDERS CO-HOLDERS SHALL BE GIVEN REASONABLE NOTICE OF EASEMENT MONITORING AND ENFORCEMENT, AND AS SPECIFIED BY THE EASEMENT, SHALL BE INCLUDED IN DECISIONS THAT REQUIRE THEIR REVIEW OR CONSULTATION. IT IS RECOGNIZED THAT THE OPINION OF CO-HOLDERS MAY DIFFER SIGNIFICANTLY FROM NLT'S, AND STAFF WILL MAKE REASONABLE EFFORTS TO DOCUMENT COMMUNICATIONS AND AREAS OF DISAGREEMENT. EASEMENT INTERPRETATION RECOGNIZING THAT NATURAL LANDS ARE IMPACTED BY FORCES THAT ARE OFTEN BEYOND THE CONTROL OF INDIVIDUAL PROPERTY OWNERS, AND THAT LAND MANAGEMENT OPTIONS MUST ADAPT TO CHANGING CIRCUMSTANCES, STAFF SHALL HAVE THE DISCRETION TO INTERPRET EASEMENT RESTRICTIONS TO DETERMINE THE APPROPRIATE ENFORCEMENT ACTION BASED ON THEIR IMPACT ON THE CONSERVATION OBJECTIVES. AS NECESSARY, STAFF SHALL ALSO SEEK INTERPRETATION OF RESTRICTIONS BY NLT'S LEGAL ADVISOR AND BOT. ENFORCEMENT PROTOCOLS STAFF SHALL REVIEW POTENTIAL VIOLATIONS REPORTED DURING THE NORMAL COURSE OF MONITORING OR AS NOTIFIED BY ANOTHER PARTY (E.G. CO-HOLDER, GOVERNMENT AGENCY, NEIGHBOR) AGAINST THE EASEMENT RESTRICTIONS TO DETERMINE IF A VIOLATION HAS OCCURRED. IF NECESSARY, STAFF MAY CONTACT THE LANDOWNER TO GATHER MORE INFORMATION OR VISIT THE PROPERTY TO FURTHER DOCUMENT THE CONDITION. UPON DETERMINATION OF A VIOLATION, STAFF SHALL CONTACT THE LANDOWNER AND SEEK AGREEMENT TO CORRECT THE VIOLATION, AND IF NECESSARY, RESTORATION OF THE PROPERTY. STAFF SHALL ALSO SEND A WRITTEN LETTER TO THE LANDOWNER DETAILING THE VIOLATION AND THE NATURE OF THE CORRECTIVE ACTION EXPECTED (OR AGREED UPON BY LANDOWNER). EXCEPT IN CASES WHERE A VIOLATION WILL HAVE A SIGNIFICANT NEGATIVE IMPACT ON THE CONSERVATION OBJECTIVES, NLT SHALL FIRST SEEK VOLUNTARY COMPLIANCE FROM THE OWNER AND APPROPRIATE CORRECTION OF THE VIOLATION. IF THE LANDOWNER AGREES TO APPROPRIATE CORRECTIVE ACTION, NLT SHALL INFORM THE OWNER OF CONTINUED EXPECTATIONS AND MAINTAIN A WRITTEN RECORD OF AGREEMENTS AND COMMUNICATIONS. IN CASES OF DISPUTES WITH LANDOWNERS THAT ARE INTRACTABLE OR WHEN THE LANDOWNER IS UNWILLING TO CORRECT A VIOLATION, AND WHERE THE POTENTIAL DAMAGE TO RESOURCES IS TEMPORARY OR INCONSEQUENTIAL, STAFF MAY MAKE THE DETERMINATION TO OVERLOOK OR FORGIVE A VIOLATION. STAFF SHALL DOCUMENT AND DESCRIBE THE DECISION TO FORGIVE THE VIOLATION. AS NECESSARY, STAFF SHALL CONSULT WITH NLT OFFICERS, LEGAL ADVISORS, AND THE BOT. IN CASES WHERE A VIOLATION IS TEMPORARY IN DURATION AND DEEMED TO BE INCONSEQUENTIAL WITH LITTLE OR NO IMPACT TO THE CONSERVATION OBJECTIVES OF THE EASEMENT, STAFF MAY ISSUE A WAIVER. STAFF WILL CONSULT WITH LEGAL COUNSEL PRIOR TO ENTERING INTO A WAIVER OF THE EASEMENT RESTRICTIONS, AND THE WAIVER MUST BE ISSUED IN WRITING. IN CASES OF VIOLATIONS THAT SIGNIFICANTLY IMPAIR OR DAMAGE THE CONSERVATION OBJECTIVES OF A PROPERTY, NLT SHALL FIRST USE THE PERSUASIVE AUTHORITY OF STAFF, THEN NLT OFFICERS, ATTORNEYS, AND BOT TO CORRECT A VIOLATION OR AVOID A POTENTIAL VIOLATION. IF SUCH PERSUASION IS INEFFECTIVE OR INADEQUATE, STAFF MAY EMPLOY ENFORCEMENT REMEDIES CONTAINED IN THE EASEMENT DOCUMENT. ENFORCEMENT AND CORRECTION MEASURES THAT REQUIRE SIGNIFICANT INVESTMENT OF STAFF ENERGIES, SIGNIFICANT FINANCIAL EXPENDITURES, OR THAT MAY BE PERCEIVED BY THE PUBLIC AS EITHER EXTRAORDINARY OR HIGHLY COMPELLING, MUST BE REVIEWED BY BOARD OF TRUSTEES. IN THE CASE OF AN EMERGENCY, STAFF MAY PROCEED WITH ENFORCEMENT REMEDIES PRIOR TO BOT CONSENT IF IMMEDIATE ACTION CAN PREVENT SIGNIFICANT OR IRREVERSIBLE DAMAGE TO CONSERVATION PURPOSE OR CAN AVOID SIGNIFICANTLY GREATER ENFORCEMENT COSTS DUE TO DEFERRED ACTION. STAFF SHALL SEEK LEGAL COUNSEL IN ALL CASES WHERE ENFORCEMENT REMEDIES WILL LIKELY RESULT IN LITIGATION. PART X, LINE 2: THE CORPORATIONS ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. EACH ENTITY IS ANNUALLY REQUIRED TO FILE A FORM 990 WITH THE INTERNAL REVENUE SERVICE (IRS). IN ADDITION, THE ENTITIES ARE SUBJECT TO INCOME TAX ON NET INCOME DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSE. NLT FILES A FORM 990T WITH THE IRS TO REPORT ITS UNRELATED BUSINESS TAXABLE INCOME. MANAGEMENT HAS EVALUATED THE CORPORATIONS' TAX POSITIONS AND CONCLUDED THAT THE CORPORATIONS HAVE TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE CORPORATIONS FILE INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. GENERALLY, THE CORPORATIONS ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2016. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN/LOSS ON MELLON TRUST -936,474. FORM 990, SCHEDULE D, PART II, LINE 9: ALL COSTS ASSOCIATED WITH THE PURCHASE OF A CONSERVATION EASEMENT ARE EXPENSED THROUGH THE ORGANIZATIONS CONSOLIDATED STATEMENT OF ACTIVITIES. EACH EASEMENT IS RECORDED ON THE BALANCE SHEET AT $1.00. ALL OFFSETTING REVENUES ARE HANDLED IN THE SAME MANNER. 0 HUNTERDON LAND TRUST 111 MINE STREET FLEMINGTON NJ 08822 223477465 501(C)(3) 15339 FMV PROVIDES MONETARY ASSISTANCE TO HELP SUPPORT THE OPERATIONS OF OTHER CONSERVATION EFFORTS. CITY OF COATESVILLE PALMER PARK RESTORATION CITY HALL PL COATESVILLE PA 19320 161500 FMV PROVIDES MONETARY ASSISTANCE TO HELP SUPPORT THE OPERATIONS OF OTHER CONSERVATION EFFORTS. POCONO HERITAGE LAND TRUST 1539 CHERRY LANE ROAD EAST STROUSBURG PA 18301 232285311 501(C)(3) 52545 FMV PROVIDES MONETARY ASSISTANCE TO HELP SUPPORT THE OPERATIONS OF OTHER CONSERVATION EFFORTS. BERKS NATURE 575 SAINT BERNARDINE STREET READING PA 19607 231966295 501(C)(3) 44493 PROVIDES MONETARY ASSISTANCE TO HELP SUPPORT THE OPERATIONS OF OTHER CONSERVATION EFFORTS. FRENCH & PICKERING CREEKS CONSVATION TRUST 511 KIMBERTON ROAD PHOENIXVILLE PA 19460 236429095 501(C)(3) 12000 PROVIDES MONETARY ASSISTANCE TO HELP SUPPORT THE OPERATIONS OF OTHER CONSERVATION EFFORTS. NORTH BRANCH LAND TRUST 251 HUNTISVILLE-IDETOWN ROAD DALLAS PA 18612 237755642 501(C)(3) 6000 PROVIDES MONETARY ASSISTANCE TO HELP SUPPORT THE OPERATIONS OF OTHER CONSERVATION EFFORTS. FRIENDS OF JOHNSTON INC 1311 SANTEE MILL ROAD BETHLEHEM PA 18017 463863370 501(C)(3) 805427 FMV CENTRAL MORAVIAN PROPERTY TRANSFER CONSERVATION EFFORTS FRIENDS OF JOHNSTON INC 1311 SANTEE MILL ROAD BETHLEHEM PA 18017 463863370 501(C)(3) 592664 FMV LECKONBY PROPERTY TRANSFER CONSERVATION EFFORTS 3 3 PART I, LINE 2: NLT'S GRANTS AND OTHER ASSISTANCE FALLS INTO THREE SEPARATE CATEGORIES: 1-THE TRANSFER OF NATURAL LANDS TO STATE AND LOCAL GOVERNMENT AGENCIES - THIS CATEGORY MAKES UP THE MAJORITY OF THE ORGANIZATIONS GRANTS. PROPERTIES ARE ACQUIRED AND THEN TRANSFERRED TO STATE AND LOCAL GOVERNMENT AGENCIES FOR ONGOING STEWARDSHIP AND PUBLIC BENEFIT. PROJECTS ARE REVIEWED BY NLT STAFF AND APPROVED BY ITS BOARD OF DIRECTORS. NLT PROJECT MANAGERS PARTICIPATE THROUGHOUT THE TRANSFER PROCESS TO ENSURE THAT THE TRANSACTION IS COMPLETED CORRECTLY AND THAT THE MAXIMUM CONSERVATION PROTECTION/BENEFIT IS ACHIEVED. ($1,398,091) 2-PROVIDE FUNDING ASSISTANCE TO A STATE OR LOCAL GOVERNMENT TO HELP COMPLETE THE PURCHASE OF NATURAL LANDS. AS ABOVE, NLT STAFF PARTICIPATES THROUGHOUT THE PROCESS TO ENSURE THAT THE TRANSACTION IS COMPLETED CORRECTLY AND THAT THE MAXIMUM CONSERVATION PROTECTION/BENEFIT IS ACHIEVED. ($0) 3-PROVIDES MONETARY ASSISTANCE TO HELP SUPPORT THE OPERATIONS OF OTHER CONSERVATION EFFORTS. ($291,877) X X X 0 0 0 0 0 0 0 0 0 OLIVER P BASS PRESIDENT/CEO 184693 0 0 0 0 0 13781 0 4476 0 202950 0 0 0 ANN C HAUSMANN VP DEVELOPMENT 141314 0 0 0 0 0 11062 0 12012 0 164388 0 0 0 DAVID A D'ANTONIO VICE PRESIDENT FINANCE 129254 0 0 0 0 0 10219 0 16252 0 155725 0 0 0 X 3 801257 APPRAISAL(LAND/EASEMENT) 1 0 1 0 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: NATURAL LANDS IS A NON-PROFIT ORGANIZATION THAT SAVES OPEN SPACE, CARES FOR NATURE, AND CONNECTS PEOPLE TO THE OUTDOORS IN EASTERN PENNSYLVANIA AND SOUTHERN NEW JERSEY. WE'VE BEEN AT IT SINCE THE EARLY 1950S AND, TODAY, NEARLY FIVE MILLION PEOPLE LIVE WITHIN FIVE MILES OF LANDS UNDER OUR PERMANENT PROTECTION. FORM 990, PART I, LINE 8: 53.05% OF THE TOTAL CONTRIBUTIONS RECEIVED BY NATURAL LANDS TRUST ARE APPLIED TO LAND ACQUISITION AND OTHER CAPITAL RELATED PROJECTS. ONLY THE REMAINING 46.95% ($4,459,793) IS AVAILABLE TO HELP UNDERWRITE ANNUAL CONSERVATION PROGRAMS AND GENERAL OPERATING EXPENSES. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: NATURAL LANDS' MISSION: LAND FOR LIFE: PRESERVING AND NURTURING NATURE'S WONDERS. NATURE FOR ALL: CREATING OPPORTUNITIES FOR JOY AND DISCOVERY IN THE OUTDOORS FOR EVERYONE IN OUR REGION. FORM 990, PART VI, SECTION A, LINE 2 PETER O. HAUSMANN (CHAIRPERSON/TRUSTEE) IS THE UNCLE OF ANN C. HAUSMANN (VP OF DEVELOPMENT AND COMMUNICATIONS) FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE VICE PRESIDENT OF FINANCE AND REVIEWED BY OUTSIDE INDEPENDENT FIRM. BEFORE BEING FILED, THE RETURN IS THEN SUBSEQUENTLY REVIEWED BY THE ORGANIZATIONS FINANCE COMMITTEE (BOARD COMMITTEE). ONCE ACCEPTED BY THE FINANCE COMMITTEE THE FORM IS DISTRIBUTED TO THE FULL BOARD OF DIRECTORS. ONCE APPROVED BY THE BOARD, THE DOCUMENT IS SIGNED BY THE CEO AND FILED. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO SIGN A STATEMENT ANNUALLY ACKNOWLEDGING THAT THEY WILL COMPLY WITH NATURAL LANDS TRUST'S CONFLICT OF INTEREST POLICY. THE STATEMENT AFFIRMS THAT AN INTERESTED PERSON HAS A DUTY TO DISCLOSE THE POSSIBLE EXISTENCE OF A FINANCIAL INTEREST TO THE EXECUTIVE COMMITTEE OF THE BOARD. AFTER FULL DISCLOSURE OF THE FINANCIAL INTEREST AND AFTER DISCUSSION WITH THE INTERESTED PERSON, THE EXECUTIVE COMMITTEE WILL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. IF A CONFLICT OF INTEREST MAY EXIST: A. A DISINTERESTED PERSON OR COMMITTEE SHALL INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTIONS OR ARRANGEMENTS. B. IT SHALL BE DETERMINED IF WITH REASONABLE EFFORT A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WILL NOT GIVE RISE TO A CONFLICT OF INTEREST. C. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE, THE EXECUTIVE COMMITTEE SHALL DETERMINE WHETHER THE TRANSACTION OR ARRANGEMENT IS IN NATURAL LANDS TRUST'S BEST INTEREST AND FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE TO NATURAL LANDS TRUST. THE COMMITTEE SHALL THEN MAKE A DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH OTHER NATURAL LANDS TRUST REQUIREMENTS OR BOARD APPROVAL AS MAY BE APPROPRIATE. VIOLATIONS OF THE CONFLICT OF INTEREST POLICY A. IF ANY TRUSTEE, OFFICER, MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS OR OTHER EMPLOYEE OF NATURAL LANDS TRUST HAS REASONABLE CAUSE TO BELIEVE THAT ANY INTERESTED PERSON HAS FAILED TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, HE OR SHE SHALL REPORT THIS INFORMATION TO THE CHAIR OF THE EXECUTIVE COMMITTEE, WHO SHALL INFORM ANY SUCH PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD SUCH PERSON AND OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B. IF, AFTER HEARING SUCH PERSON'S RESPONSE AND AFTER MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED BY THE CIRCUMSTANCES, THE CHAIR OF THE EXECUTIVE COMMITTEE DETERMINES THAT SUCH PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE MATTER SHALL BE BROUGHT TO THE ATTENTION OF THE EXECUTIVE COMMITTEE, WHICH SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTION ACTION, OR WHICH SHALL REFER THE MATTER TO THE BOARD FOR APPROPRIATE DISCIPLINARY AND CORRECTION ACTION. RECORDS OF PROCEEDINGS ALL DELIBERATIONS OF THE EXECUTIVE COMMITTEE MUST BE IN WRITING. FORM 990, PART VI, SECTION B, LINE 15 WHILE NATURAL LANDS TRUST FOCUSES ON COMPARABLE NONPROFIT ORGANIZATIONS IN OUR AREA TO BENCHMARK PAY, WE UNDERSTAND THAT THE MARKET FOR EXEUTIVE TALENT MAY BE BROADER THAN THIS GROUP. THEREFORE, MARKET INFORMATION FROM ADDITIONAL MARKET SEGMENTS, PRIVATE FOUNDATIONS, AND PUBLISHED NOT-FOR-PROFIT COMPENSATION MAY BE USED AS A SUPPLEMENT. NLT WILL ALSO SECURE OUTSIDE STUDIES EXCLUSIVELY DESIGNED TO REVIEW NOT-FOR-PROFIT EXECUTIVE COMPENSATION AND PERIODICALLY UTILIZE THE ASSISTANCE OF AN OUTSIDE COMPENSATION CONSULTANT. IN ADDITION TO ALL RELEVANT MARKET INFORMATION, NLT TAKES INTO CONSIDERATION THE FOLLOWING CRITERIA: - YEARS OF EXPERIENCE IN THE FIELD - YEARS IN THE POSITION - ACHIEVEMENT OF THE ORGANIZATION'S STRATEGIC OBJECTIVES - ORGANIZATIONAL OPERATING BUDGET, AND THE OVERALL ECONOMIC CLIMATE - COST OF ALL OTHER BENEFITS BEING OFFERED DATA FROM THESE VARIOUS ELEMENTS ARE USED TO FORM A "MARKET COMPOSITE" TO ASSESS THE COMPETITIVENESS OF NLT'S COMPENSATION. ANNUALLY, THE CHAIRPERSON OF THE BOARD REVIEWS THE DATA AND EVALUATES THE PERFORMANCE OF THE PRESIDENT TO DETERMINE APPROPRIATE COMPENSATION. THE COMPENSATION IS SUBJECT TO APPROVAL BY THE EXECUTIVE COMMITTEE. THE COMPENSATION OF THE PRESIDENT IS MADE AVAILABLE TO ALL TRUSTEES UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE MADE AVAILABLE BY REQUEST. THE ORGANIZATION'S FORM 990 IS ALSO MADE AVAILABLE ON THE WWW.GUIDESTAR.ORG WEBSITE. FORM 990, PART XI, LINE 9: GAIN/LOSS ON MELLON TRUST -936,474. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MONTGOMERY COUNTY LANDS TRUST INC 1031 PALMERS MILL ROAD MEDIA PA 19063 232746506 SUPPORT CONSERVATION EFFORTS OF NATURAL LANDS TRUST, INC. PA 501(C)(3) LINE 12A, I NATURAL LANDS TRUST INC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0