2020-04-07T13:59:48-05:00 2019-12-31 205788602 GLASER AND COMPANY LLC 149 E BAY ST SUITE 200 CHARLESTON SC 294013134 990 2019-01-01 582359979 THE KIAWAH ISLAND NATURAL HABITAT CONSERVANCY INC KIAW 8437682029 80 KESTREL COURT KIAWAH ISLAND SC 29455 RICH WARNER CHAIRMAN 8437682029 2020-04-06 true ERIK M GLASER CPA P00724565 8438490179 2020-04-07 162.217.140.173 2020-04-07 13:59:48 CD P C7502B9BE47F9B8354F737866145CBAECF522AE1 C7502B9BE47F9B8354F737866145CBAECF522AE1 2019 2021-01-29 14:40:06Z RICH WARNER 80 KESTREL COURT KIAWAH ISLAND SC 29455 999292 false X WWW.KIAWAHCONSERVANCY.ORG X 1997 SC THE KIAWAH CONSERVANCY PROVIDES THE VISION, LEADERSHIP AND RESOURCES NECESSARY TO PRESERVE AND ENHANCE KIAWAH ISLAND'S UNIQUE BALANCE OF NATURE AND DEVELOPMENT. WE ARE AN INDEPENDENT, RESEARCH DRIVEN, NON-POLITICAL, NOT-FOR-PROFIT ORGANIZATION. 21 21 4 166 0 1031927 971600 0 -144 292 -60197 -53853 971586 918039 0 0 362776 338151 0 44854 1387670 482602 1750446 820753 -778860 97286 2375498 2467719 595 580 2374903 2467139 X THE KIAWAH CONSERVANCY PROVIDES THE VISION, LEADERSHIP AND RESOURCES NECESSARY TO PRESERVE AND ENHANCE KIAWAH ISLAND'S UNIQUE BALANCE OF NATURE AND DEVELOPMENT. WE ARE AN INDEPENDENT, RESEARCH DRIVEN, NON-POLITICAL, NOT-FOR-PROFIT ORGANIZATION. false false 573036 THE ORGANIZATION CURRENTLY MAINTAINS 52 PROPERTIES AND CONSERVATION EASEMENTS TOTALING OVER 2,273 ACRES ON AND AROUND KIAWAH ISLAND, SOUTH CAROLINA. THE ORGANIZATION MAINTAINS THESE PROPERTIES AND EASEMENTS FOR THE EXPRESSED PURPOSE OF KEEPING THE PROPERTIES IN THEIR NATURAL UNDEVELOPED STATE FOR PERPETUITY. THE ORGANIZATION HAS STEWARDSHIP RESPONSIBILITY FOR ALL CONSERVATION PROPERTIES INCLUDING THE MAINTENANCE OF A MARITIME FOREST RESERVE AND NATURE TRAIL OUTFITTED WITH EDUCATIONAL SIGNAGE ABOUT THE ISLAND PLANTLIFE. THE ORGANIZATION HAS BEEN ACCREDITED BY THE LAND TRUST ACCREDITATION COMMISSION SINCE FEBRUARY 16, 2017. THIS IMPORTANT DISTINCTION INDEPENDENTLY CONFIRMS THAT THE ORGANIZATION OPERATES ACCORDING TO THE HIGHEST STANDARDS IN LAND CONSERVATION AND NONPROFIT MANAGEMENT. IN PARTICULAR, IT ASSURES THAT THE ORGANIZATION FULFILLS ITS RESPONSIBILITY TO CONSERVE ITS LAND AND EASEMENTS IN PERPETUITY. THE ORGANIZATION'S HABITAT IMPROVEMENT PLAN HAS AN OBJECTIVE TO CONSISTENTLY FOSTER THE EFFORTS OF ALL KIAWAH ISLAND PROPERTY OWNERS IN IMPLEMENTING AND MAINTAINING OPTIMUM HABITAT TO SUPPORT THE FUTURE OF OUR NATIVE WILDLIFE. THE ORGANIZATION, WORKING IN CONCERT WITH OTHER ORGANIZATIONS ON KIAWAH ISLAND, PROVIDES RESOURCES, LANDSCAPING TIPS, ACCESS OF PROFESSIONALS AND ASSESSMENT FORMS TO ASSIST OWNERS WITH THIS PLAN. 77231 THE ORGANIZATION CONDUCTS NUMEROUS RESEARCH STUDIES TO EDUCATE THE RESIDENTS OF KIAWAH ISLAND, SOUTH CAROLINA, AS WELL AS TO FURTHER ITS MISSION. BIRD BANDING AND UNDERSTORY PRESERVATION THE KIAWAH ISLAND BANDING STATION (KIBS) IS SUPPORTED BY THE KIAWAH CONSERVANCY AND OPERATED BY THE TOWN OF KIAWAH ISLAND. ANNUAL BANDING AND MONITORING EFFORTS INCLUDE: FALL MIGRATION MONITORING FALL MIGRATION MONITORING BEGAN IN 2009 AT THE WEST END OF KIAWAH ISLAND AT THE KIBS. IN 2015, AN ADDITIONAL STATION WAS CREATED AT THE EAST END OF KIAWAH ISLAND. MIST NETS ARE OPERATED BY THE TOWN WILDLIFE BIOLOGIST AND SEASONAL INTERNS SUPPORTED BY THE KIAWAH CONSERVANCY. THE NETS ARE OPERATED DAILY FROM MID-AUGUST THROUGH NOVEMBER. THEY ARE OPENED 30 MINUTES BEFORE SUNRISE AND CLOSED APPROXIMATELY SIX HOURS LATER. WINTER MARSH SPARROW BANDING MARSH SPARROW BANDING BEGAN DURING THE WINTER OF 2011-12 WITH THE OBJECTIVE OF DETERMINING HABITAT REQUIREMENTS, SITE FIDELITY, RELATIVE ABUNDANCE AND DISTRIBUTION OF THE SPECIES. THE BIRDS ARE FLUSHED INTO MIST NETS AT HIGH TIDE ROOSTS IN THE SALT MARSH. THE TARGET SPECIES ARE SEASIDE SPARROWS, NELSON'S SPARROWS AND SALTMARSH SPARROWS. PAINTED BUNTING BANDING PAINTED BUNTING BANDING BEGAN IN THE SUMMER OF 2011 WITH THE OBJECTIVE TO STUDY THEIR MOVEMENTS, DISTRIBUTION AND SITE FIDELITY. PAINTED BUNTINGS READILY COME TO FEEDERS OFFERING WHITE MILLET AND THE BIRDS ARE EASILY CAPTURED IN A SPECIALLY DESIGNED CAGE WITH A FEEDER PLACED INSIDE. BANDING OCCURS FROM MAY THROUGH SEPTEMBER AT KIAWAH ISLAND'S RESIDENT'S HOMES. GROUNDWATER TABLE STUDY INITIATED LONG-TERM STUDY IN 2019 TO MONITOR GROUNDWATER CONDITIONS ON KIAWAH ISLAND. A SERIES OF GROUNDWATER MONITORING WELLS WILL BE MONITORED OVERTIME, WITH DATA BEING COMPARED ALONGSIDE OTHER NON-INVASIVE SUBSURFACE MONITORING DEVICES TO CREATE A MAP OF THE GROUNDWATER TABLE. THE STUDY IS BEING CONDUCTED BY THE KIAWAH CONSERVANCY IN COLLABORATION WITH THE TOWN OF KIAWAH ISLAND, THE COLLEGE OF CHARLESTON, AND THE KIAWAH ISLAND COMMUNITY ASSOCIATION. MARSH VULNERABILITY STUDY PROJECT FOCUSED ON STUDYING THE TIDAL MARSH WETLANDS SURROUNDING KIAWAH ISLAND BY MAPPING THE HISTORICAL CHANGES OF THE VEGETATED SHORELINES, BUILT STRUCTURES, AND VARIOUS PLANT COMMUNITIES WITHIN THE MARSH. THIS PROJECT IS COORDINATED BY THE KIAWAH CONSERVANCY IN COLLABORATION WITH THE TOWN OF KIAWAH ISLAND AND THE COLLEGE OF CHARLESTON. 52696 THE PRODUCTION, PUBLICATION, AND DISTRIBUTION OF EDUCATION MATERIAL, SOCIAL MEDIA PRESENCE, AND THE ONGOING MAINTENANCE OF THE ORGANIZATION'S WEBSITE; THE PURPOSE OF WHICH IS TO EDUCATE PROPERTY OWNERS, BUILDING CONTRACTORS, ARCHITECTS, LANDSCAPERS, AND ETC., ABOUT THE IMPORTANCE OF PRESERVING THE NATURAL ENVIRONMENT OF KIAWAH ISLAND. "NATURALLY KIAWAH" IS A SEMI-ANNUAL PUBLICATION TO ALL RESIDENTS OF KIAWAH ISLAND AND THE SUPPORTERS OF THE ORGANIZATION. AN ADDITIONAL "NATURALLY KIAWAH SPECIAL GUEST EDITION" IS PUBLISHED AND DISTRIBUTED TO RENTAL FACILITIES AND BUSINESSES ON AND AROUND KIAWAH ISLAND FOR DISTRIBUTION TO ISLAND GUESTS AND VISITORS. BOTH PUBLICATIONS COMMUNICATE KEY INITIATIVES, UPCOMING EDUCATIONAL EVENTS, CONSERVATION AND PRESERVATION EDUCATION AND OTHER ELEMENTS IN SUPPORT OF THE ORGANIZATIONS MISSION. ADDITIONALLY, THE KIAWAH CONSERVANCY PRODUCES A HOST OF BROCHURES IN SUPPORT OF ITS CONSERVATION MISSION. 702963 true true false false false false true false false true true false false true false false true false false false false false false false true false false false false false false false false false false false false false true false false false false false false false false true 33 0 4 true false false false false false true true false false false X 21 21 false false false false false false false true true false false false true true true true true true false false SC X X AMY SPIVEY 8438046089 701 EAST BAY STREET SUITE 410 CHARLESTON SC 29403 RICH WARNER CHAIRMAN 4.00 X X 0 0 0 ROLAND HOFFMAN VICE CHAIRMA 2.00 X X 0 0 0 RICHARD AMES IMMEDIATE PA 2.00 X X 0 0 0 JOHN MCMURRAY TREASURER 2.00 X X 0 0 0 CINDY PERRY SECRETARY 2.00 X X 0 0 0 JOAN AVIOLI TRUSTEE 0.50 X 0 0 0 PEGGY BARNES TRUSTEE 0.50 X 0 0 0 CAREY BENHAM TRUSTEE 0.50 X 0 0 0 FRANK CASSIDY TRUSTEE 0.50 X 0 0 0 LEIGH COBB TRUSTEE 0.50 X 0 0 0 TY COBB TRUSTEE 0.50 X 0 0 0 SUE CORCORAN TRUSTEE 0.50 X 0 0 0 JANE ELLIS TRUSTEE 0.50 X 0 0 0 BOB FETCH TRUSTEE 0.50 X 0 0 0 DICK FISHBURN TRUSTEE 0.50 X 0 0 0 JIM GILLIAM TRUSTEE 0.50 X 0 0 0 VICKEY WILE TRUSTEE 0.50 X 0 0 0 RICH MCCANN TRUSTEE 0.50 X 0 0 0 JUDY CLARK TRUSTEE 0.50 X 0 0 0 JIM SULLIVAN TRUSTEE 0.50 X 0 0 0 DIANA MEZZANOTTE TRUSTEE 0.50 X 0 0 0 DONNA WINDHAM EXECUTIVE DI 40.00 X 115695 0 0 115695 1 false false false 240734 7904 722962 35870 971600 292 292 27400 240734 81253 -53853 -53853 918039 -53561 115695 92555 11570 11570 179510 149513 17951 12046 15060 12349 1506 1205 5303 4349 530 424 22583 18518 2258 1807 4480 4480 14257 3807 10450 1570 1570 87154 74257 11438 1459 11208 8524 1342 1342 51490 50318 174 998 9339 3040 6284 15 70235 68127 703 1405 15155 9870 5285 DONOR CULTIVATION & EDUCA 120530 108427 39 12064 INDEPENDENT STUDY 77231 77231 MISCELLANEOUS EXPENSES 19953 16028 3406 519 820753 702963 72936 44854 437011 581523 17436 32343 32079 361254 265272 150573 95982 1738135 1758135 2375498 2467719 595 580 595 580 X 2343439 2395570 31464 71569 2374903 2467139 2375498 2467719 X 97286 -5050 X false true X true false X 770669 854335 1920075 1031927 971600 5548606 770669 854335 1920075 1031927 971600 5548606 663764 4884842 290 292 582 152590 112486 126920 26950 27400 446346 5995534 0.81470 0.80980 X PART II, LINE 10 418,946 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 13 2273.00 1 false 220.00 4900 10000 10250 20250 10000 10000 1.00000 false false 14178 784 13394 347076 264488 82588 95982 CONSERVED LAND AND EASEMENTS 1758135 1758135 1064690 59098 87553 146651 918039 918039 972454 59098 92603 151701 820753 820753 SCHEDULE D, PAGE 1, PART II, LINE 9 IT IS THE POLICY OF THE CONSERVANCY TO RECORD CONSERVATION PROPERTY AT COST, IF PURCHASED, OR AT FAIR MARKET VALUE, IF DONATED OR PURCHASED AT A PRICE UNDER THE PROPERTY'S FAIR MARKET VALUE AT THE TIME OF PURCHASE. IF THE PROPERTY IS SUBSEQUENTLY IMPAIRED, WHETHER DUE TO APPLICATION OF RESTRICTIVE COVENANTS ON THE DEED OR OTHER REASONS, THE CONSERVANCY DETERMINES THE FAIR MARKET VALUE AND RECORDS AN IMPAIRMENT LOSS FOR THE DIFFERENCE BETWEEN THE RECORDED VALUE AND THE FAIR MARKET VALUE, GENERALLY AT THE SAME TIME OF ACQUISITION. THE CARRYING VALUE OF PROPERTY ACQUIRED OR CONTRIBUTED AND EASEMENTS GRANTED TO THE CONSERVANCY GENERALLY REFLECT THE MARKET VALUE AFTER THE APPLICATION OF RESTRICTIVE COVENANTS AND/OR EASEMENTS AT THE TIME OF ACQUISITION. DUE TO THEIR USE AS COLLATERAL, RESTRICTIVE COVENANTS HAVE NOT BEEN APPLIED TO THE PROPERTIES AT 141 RED CEDAR LANE, 25 ARROWHEAD HALL, 9 AIRY HALL, AND 133 CONIFER LANE. THE CONSERVANCY HAS APPLIED RESTRICTIVE CONSERVATION COVENANTS ON THE DEEDS OF THE MAJORITY OF THE CONSERVATION PROPERTIES IT OWNS. THIS RESULTS IN AN IMPAIRMENT TO THE FAIR MARKET VALUE OF THE PROPERTY SINCE FUTURE USE AND DEVELOPMENT RIGHTS CHANGE SIGNIFICANTLY AFTER THE RECORDING OF THE RESTRICTIVE COVENANTS. IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, THE CONSERVANCY RECORDS AN IMPAIRMENT LOSS WHEN THE CARRYING AMOUNT OF A LONG- LIVED ASSET IS NOT RECOVERABLE. FOR THE YEAR ENDED DECEMBER 31, 2019 NO IMPAIRMENT LOSS WAS RECORDED, BEYOND THOSE RECOGNIZED AT TIME OF ACQUISITION. THE FAIR VALUE OF THE CONSERVANCYS PROPERTY IS SUBJECT TO RISKS CONNECTED TO THE FLUCTUATION IN THE REAL ESTATE MARKET OF THE REGION. SCHEDULE D, PAGE 2, PART V, LINE 4 TO PROVIDE FUNDS FOR THE CONSERVANCYS MISSION GOING FORWARD. SCHEDULE D, PAGE 4, PART XI, LINE 2D EVENT EXPENSE 87,553 SCHEDULE D, PAGE 4, PART XII, LINE 2D EVENT EXPENSE 87,553 BAD DEBT 5,050 LEGACY BALL 268134 240734 27400 61887 400 18966 268134 240734 27400 61887 400 18966 81253 -53853 X 6 14970 SELLING PRICE X 1 20000 FAIR MARKET VALUE X FOOD & BEVERAGE 1 900 COST false true false FORM 990 - ORGANIZATION'S MISSION THE KIAWAH CONSERVANCY PROVIDES THE VISION, LEADERSHIP AND RESOURCES NECESSARY TO PRESERVE AND ENHANCE KIAWAH ISLAND'S UNIQUE BALANCE OF NATURE AND DEVELOPMENT. WE ARE AN INDEPENDENT, RESEARCH DRIVEN, NON-POLITICAL, NOT-FOR-PROFIT ORGANIZATION. FORM 990, PAGE 1, PART I, LINE 6 THE ORGANIZATION'S VOLUNTEERS ARE MOST SIGNIFICANTLY ASSOCIATED WITH ITS VOTING AND NON-VOTING BOARD MEMBERS AS WELL AS SUPPORT FOR THE CONSERVANCY'S PROPERTIES. FORM 990, PAGE 2, PART III, LINE 4A THE ORGANIZATION CURRENTLY MAINTAINS 52 PROPERTIES AND CONSERVATION EASEMENTS TOTALING OVER 2,273 ACRES ON AND AROUND KIAWAH ISLAND, SOUTH CAROLINA. THE ORGANIZATION MAINTAINS THESE PROPERTIES AND EASEMENTS FOR THE EXPRESSED PURPOSE OF KEEPING THE PROPERTIES IN THEIR NATURAL UNDEVELOPED STATE FOR PERPETUITY. THE ORGANIZATION HAS STEWARDSHIP RESPONSIBILITY FOR ALL CONSERVATION PROPERTIES INCLUDING THE MAINTENANCE OF A MARITIME FOREST RESERVE AND NATURE TRAIL OUTFITTED WITH EDUCATIONAL SIGNAGE ABOUT THE ISLAND PLANTLIFE. THE ORGANIZATION HAS BEEN ACCREDITED BY THE LAND TRUST ACCREDITATION COMMISSION SINCE FEBRUARY 16, 2017. THIS IMPORTANT DISTINCTION INDEPENDENTLY CONFIRMS THAT THE ORGANIZATION OPERATES ACCORDING TO THE HIGHEST STANDARDS IN LAND CONSERVATION AND NONPROFIT MANAGEMENT. IN PARTICULAR, IT ASSURES THAT THE ORGANIZATION FULFILLS ITS RESPONSIBILITY TO CONSERVE ITS LAND AND EASEMENTS IN PERPETUITY. THE ORGANIZATION'S HABITAT IMPROVEMENT PLAN HAS AN OBJECTIVE TO CONSISTENTLY FOSTER THE EFFORTS OF ALL KIAWAH ISLAND PROPERTY OWNERS IN IMPLEMENTING AND MAINTAINING OPTIMUM HABITAT TO SUPPORT THE FUTURE OF OUR NATIVE WILDLIFE. THE ORGANIZATION, WORKING IN CONCERT WITH OTHER ORGANIZATIONS ON KIAWAH ISLAND, PROVIDES RESOURCES, LANDSCAPING TIPS, ACCESS OF PROFESSIONALS AND ASSESSMENT FORMS TO ASSIST OWNERS WITH THIS PLAN. FORM 990, PAGE 2, PART III, LINE 4B THE ORGANIZATION CONDUCTS NUMEROUS RESEARCH STUDIES TO EDUCATE THE RESIDENTS OF KIAWAH ISLAND, SOUTH CAROLINA, AS WELL AS TO FURTHER ITS MISSION. BIRD BANDING AND UNDERSTORY PRESERVATION THE KIAWAH ISLAND BANDING STATION (KIBS) IS SUPPORTED BY THE KIAWAH CONSERVANCY AND OPERATED BY THE TOWN OF KIAWAH ISLAND. ANNUAL BANDING AND MONITORING EFFORTS INCLUDE: FALL MIGRATION MONITORING FALL MIGRATION MONITORING BEGAN IN 2009 AT THE WEST END OF KIAWAH ISLAND AT THE KIBS. IN 2015, AN ADDITIONAL STATION WAS CREATED AT THE EAST END OF KIAWAH ISLAND. MIST NETS ARE OPERATED BY THE TOWN WILDLIFE BIOLOGIST AND SEASONAL INTERNS SUPPORTED BY THE KIAWAH CONSERVANCY. THE NETS ARE OPERATED DAILY FROM MID-AUGUST THROUGH NOVEMBER. THEY ARE OPENED 30 MINUTES BEFORE SUNRISE AND CLOSED APPROXIMATELY SIX HOURS LATER. WINTER MARSH SPARROW BANDING MARSH SPARROW BANDING BEGAN DURING THE WINTER OF 2011-12 WITH THE OBJECTIVE OF DETERMINING HABITAT REQUIREMENTS, SITE FIDELITY, RELATIVE ABUNDANCE AND DISTRIBUTION OF THE SPECIES. THE BIRDS ARE FLUSHED INTO MIST NETS AT HIGH TIDE ROOSTS IN THE SALT MARSH. THE TARGET SPECIES ARE SEASIDE SPARROWS, NELSON'S SPARROWS AND SALTMARSH SPARROWS. PAINTED BUNTING BANDING PAINTED BUNTING BANDING BEGAN IN THE SUMMER OF 2011 WITH THE OBJECTIVE TO STUDY THEIR MOVEMENTS, DISTRIBUTION AND SITE FIDELITY. PAINTED BUNTINGS READILY COME TO FEEDERS OFFERING WHITE MILLET AND THE BIRDS ARE EASILY CAPTURED IN A SPECIALLY DESIGNED CAGE WITH A FEEDER PLACED INSIDE. BANDING OCCURS FROM MAY THROUGH SEPTEMBER AT KIAWAH ISLAND'S RESIDENT'S HOMES. GROUNDWATER TABLE STUDY INITIATED LONG-TERM STUDY IN 2019 TO MONITOR GROUNDWATER CONDITIONS ON KIAWAH ISLAND. A SERIES OF GROUNDWATER MONITORING WELLS WILL BE MONITORED OVERTIME, WITH DATA BEING COMPARED ALONGSIDE OTHER NON-INVASIVE SUBSURFACE MONITORING DEVICES TO CREATE A MAP OF THE GROUNDWATER TABLE. THE STUDY IS BEING CONDUCTED BY THE KIAWAH CONSERVANCY IN COLLABORATION WITH THE TOWN OF KIAWAH ISLAND, THE COLLEGE OF CHARLESTON, AND THE KIAWAH ISLAND COMMUNITY ASSOCIATION. MARSH VULNERABILITY STUDY PROJECT FOCUSED ON STUDYING THE TIDAL MARSH WETLANDS SURROUNDING KIAWAH ISLAND BY MAPPING THE HISTORICAL CHANGES OF THE VEGETATED SHORELINES, BUILT STRUCTURES, AND VARIOUS PLANT COMMUNITIES WITHIN THE MARSH. THIS PROJECT IS COORDINATED BY THE KIAWAH CONSERVANCY IN COLLABORATION WITH THE TOWN OF KIAWAH ISLAND AND THE COLLEGE OF CHARLESTON. FORM 990, PAGE 2, PART III, LINE 4C THE PRODUCTION, PUBLICATION, AND DISTRIBUTION OF EDUCATION MATERIAL, SOCIAL MEDIA PRESENCE, AND THE ONGOING MAINTENANCE OF THE ORGANIZATION'S WEBSITE; THE PURPOSE OF WHICH IS TO EDUCATE PROPERTY OWNERS, BUILDING CONTRACTORS, ARCHITECTS, LANDSCAPERS, AND ETC., ABOUT THE IMPORTANCE OF PRESERVING THE NATURAL ENVIRONMENT OF KIAWAH ISLAND. "NATURALLY KIAWAH" IS A SEMI-ANNUAL PUBLICATION TO ALL RESIDENTS OF KIAWAH ISLAND AND THE SUPPORTERS OF THE ORGANIZATION. AN ADDITIONAL "NATURALLY KIAWAH SPECIAL GUEST EDITION" IS PUBLISHED AND DISTRIBUTED TO RENTAL FACILITIES AND BUSINESSES ON AND AROUND KIAWAH ISLAND FOR DISTRIBUTION TO ISLAND GUESTS AND VISITORS. BOTH PUBLICATIONS COMMUNICATE KEY INITIATIVES, UPCOMING EDUCATIONAL EVENTS, CONSERVATION AND PRESERVATION EDUCATION AND OTHER ELEMENTS IN SUPPORT OF THE ORGANIZATIONS MISSION. ADDITIONALLY, THE KIAWAH CONSERVANCY PRODUCES A HOST OF BROCHURES IN SUPPORT OF ITS CONSERVATION MISSION. FORM 990, PAGE 6, PART VI, LINE 11B THE COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES FOR A REVIEW AND COMMENT PERIOD PRIOR TO FILING THE RETURN. ONCE THIS COMMENT PERIOD IS OVER, AND THE AUDIT COMMITTEE CHAIRMAN HAS REVIEWED WITH MANAGEMENT, THE FORM 990 IS APPROVED FOR ISSUANCE. THE 990 IS THEN FILED WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS MUST DISCLOSE ANY CONFLICT OF INTERESTS ON AN ANNUAL BASIS. THIS INFORMATION IS REVIEWED ANNUALLY BY THE BOARD AND DURING THE INTERIM PRIOR TO ENTERING TRANSACTION NEGOTIATIONS FOR CONSERVATION PROPERTY. FORM 990, PAGE 6, PART VI, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION INCLUDES OBTAINING COMPARATIVE DATA AND HAVING IT APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9 BAD DEBT -5,050