2020-10-12T15:29:00-05:00 2020-06-30 560572048 COSTELLO HILL & COMPANY LLP 1112 MAGNOLIA STREET GREENSBORO NC 274011426 990 2019-07-01 561704433 PIEDMONT LAND CONSERVANCY PIED 3366910088 P O BOX 4025 GREENSBORO NC 27404 KATHERINE L HOMILLER TREASURER 3366267658 2020-09-11 1 W GREGORY ASHLEY P00297931 3362743281 70.63.231.34 2020-09-11 09:33:02 ED P 9D465E06B5318A27BF238AEFEB434DBAD9FB37EB 0D2ADDD1565333A88962B24E4880F046E60FEE3F 2019 2021-01-29 14:40:06Z KEVIN REDDING 1515 W CORNWALLIS DRIVE GREENSBORO NC 27408 16917426 0 X WWW.PIEDMONTLAND.ORG X 1990 NC THE MISSION OF PIEDMONT LAND CONSERVANCY IS TO PROTECT NATURAL AND SCENIC LANDS, FARMS, AND GREEN SPACE IN PIEDMONT NORTH CAROLINA TO ENRICH THE QUALITY OF LIFE FOR OUR COMMUNITIES AND FOR FUTURE GENERATIONS. ITS GOALS ARE TO CONSERVE, ACQUIRE, AND MANAGE NATURAL AREAS IN PIEDMONT NORTH CAROLINA; TO PROTECT ENDANGERED OR SIGNIFICANT NATURAL SPECIES OF FLORA AND FAUNA; TO PRESERVE AREAS WITH SIGNIFICANT TOPOGRAPHICAL FEATURES; TO MAINTAIN THE BIOLOGICAL DIVERSITY AND ECOLOGICAL INTEGRITY OF THE BIOREGION, INCLUDING ITS AIR AND WATER QUALITY; TO PRESERVE THE RURAL AND CULTURAL HERITAGE OF THE REGION;TO FULFILL THE HUMAN NEED FOR SCENIC LAND AND OPEN SPACE; TO PROVIDE OPPORTUNITIES FOR LEARNING FROM AND ENJOYING THE NATURAL WORLD; AND TO ENHANCE AND BETTER OUR COMMUNITIES. 19 19 10 107 0 0 4538833 6897391 70765 33732 192487 132153 59536 55819 4861621 7119095 0 0 0 0 655639 667811 99800 93053 280083 2710696 7388903 3466135 8149767 1395486 -1030672 17798429 18012237 44685 2063461 17753744 15948776 THE MISSION OF PIEDMONT LAND CONSERVANCY IS TO PROTECT NATURAL AND SCENIC LANDS, FARMS, AND GREEN SPACE IN PIEDMONT NORTH CAROLINA TO ENRICH THE QUALITY OF LIFE FOR OUR COMMUNITIES AND FOR FUTURE GENERATIONS. 0 0 7490056 LAND PROTECTION PROJECTS - DURING 2020, PIEDMONT LAND CONSERVANCY PLACED 545 ACRES OF PROPERTY UNDER PERMANENT CONSERVATION EASEMENTS AT A COST OF $7,098,616, ACQUIRED 280 ACRES OF PROPERTY AT A COST OF $1,005,036, AND TRANSFERRED PROPERTY THAT IT HAD ACQUIRED IN PREVIOUS YEARS AT A COST OF $378,534 TO THE STATE OF NORTH CAROLINA. IT ALSO BEGAN WORK ON SEVERAL OTHER PROJECTS THAT ARE EXPECTED TO RESULT IN PROPERTY BEING PROTECTED IN FISCAL 2021. 69616 PUBLIC EDUCATION - PIEDMONT LAND CONSERVANCY CONDUCTED SEVERAL COMMUNITY EVENTS DESIGNED TO INCREASE PUBLIC AWARENESS OF THE CRITICAL NEED TO PRESERVE OPEN SPACES AND FARMLAND IN THE RAPIDLY-DEVELOPING PIEDMONT AREA OF NORTH CAROLINA. THESE EVENTS INCLUDED OPEN HOUSES AND CLEAN-UP SESSIONS OF PROTECTED PROPERTIES, VISITS TO SCHOOLS, PRESENTATIONS TO CIVIC CLUBS AND CHURCH GROUPS, AND OTHER MEANS OF INCREASING AWARENESS OF THE NEED FOR LAND PRESERVATION. 185298 33732 LAND STEWARDSHIP - MOST OF THE LAND PROTECTION PROJECTS OF THE ORGANIZATION CARRY A PERPETUAL STEWARDSHIP OBLIGATION. PIEDMONT LAND CONSERVANCY IS CHARGED WITH MONITORING THE USE OF PROPERTY UNDER CONSERVATION EASEMENTS. IN FULFILLING THIS RESPONSIBILITY, AGENCY PERSONNEL VISIT ALL PROTECTED PROPERTIES AT LEAST ONCE ANNUALLY TO OBSERVE THE PROPERTY FOR APPROPRIATE USES UNDER THE EASEMENT OR PURCHASE AGREEMENTS. 7744970 1 1 0 0 0 0 1 0 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 1 23 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X KEVIN REDDING 3366910088 1515 W CORNWALLIS DRIVE GREENSBORO NC 27408 JAMES W BRYAN DIRECTOR 1.00 X 0 0 0 R SCOTT MCNEELY DIRECTOR 1.00 X 0 0 0 DAVID DUFF DIRECTOR 1.00 X 0 0 0 FRANKIE T JONES JR DIRECTOR 1.00 X 0 0 0 KATHERINE L HOMILLER DIRECTOR, TREASURER 3.00 X X 0 0 0 MICHAEL R HOUGH DIRECTOR 1.00 X 0 0 0 N JANE ISELEY DIRECTOR 1.00 X 0 0 0 DAVID COUCH DIRECTOR 1.00 X 0 0 0 FRED BERRY DIRECTOR,PRESIDENT 3.00 X X 0 0 0 MARY JOAN PUGH DIRECTOR 3.00 X 0 0 0 JERI ROWE DIRECTOR 1.00 X 0 0 0 WILL TRUSLOW DIRECTOR,VICE PRESIDENT 1.00 X X 0 0 0 CHRIS WAGNER DIRECTOR 1.00 X 0 0 0 DOUG CANAVELLO DIRECTOR 1.00 X 0 0 0 GEORGE SWEAZEY DIRECTOR 1.00 X 0 0 0 MATT PERRY DIRECTOR, SECRETARY 3.00 X X 0 0 0 STEVE TATE DIRECTOR 1.00 X 0 0 0 DAVID CRAFT DIRECTOR 1.00 X 0 0 0 ERIKA VON ISENBURG DIRECTOR 1.00 X 0 0 0 KEVIN REDDING EXECUTIVE DIRECTOR, ASST. 40.00 X 106500 0 9264 106500 0 9264 1 0 0 0 0 5400 6891991 349654 6897391 MONITORING OF PROTECTED LAND 531390 33732 33732 33732 221382 221382 31878 2778 29100 29100 29100 9554200 110000 9543929 209500 10271 -99500 -89229 -89229 37479 42124 -4645 -4645 MISCELLANEOUS 531390 31364 31364 31364 7119095 33732 0 187972 103900 74816 7860 21224 445254 309108 32625 103521 16146 11289 1191 3666 61341 42920 4501 13920 41170 28780 3035 9355 27110 7545 19432 133 93053 93053 12676 3538 9077 61 5854 318 2198 3338 41319 29023 3049 9247 13341 8306 2833 2202 27173 26951 222 5889 5889 16727 11677 1330 3720 LAND PROJECTS 7122915 7122915 SUPPLIES 27920 12000 12397 3523 BAD DEBTS 21525 21525 PROPERTY TAXES 15966 15870 24 72 50488 18389 19051 13048 8149767 7744970 124714 280083 1666725 1243263 1688699 2076319 106532 1639 22628 191805 71821 62708 13474 9113 3650140 3799502 10650231 10690596 17798429 18012237 44685 70220 1878641 114600 44685 2063461 X 9477048 8500635 8276696 7448141 17753744 15948776 17798429 18012237 X -1030672 -166019 -608277 X X 0 1 X 1 0 X 2149956 2049846 5623317 4538833 6897391 21259343 2149956 2049846 5623317 4538833 6897391 21259343 5262725 15996618 216196 229996 195920 193037 221382 1056531 16689 5703 1226 3826 31364 58808 22374682 42191 0.71490 0.73640 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2015 AMOUNT: $ 16,689. 2016 AMOUNT: $ 5,703. 2017 AMOUNT: $ 1,226. 2018 AMOUNT: $ 3,826. 2019 AMOUNT: $ 31,364. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 109 15426.00 1 1 2096.00 185298 1 2658123 340851 8980 97324 32094 2878536 2594497 86627 96795 88532 31264 2658123 2477462 37732 190205 80050 30852 2594497 1807187 497690 269082 72527 23970 2477462 1953725 27552 -81513 70030 22547 1807187 1.00000 1 0 71821 62708 9113 9113 BENEFICIAL INTEREST IN TRUSTS 2878536 CONSERVATION EASEMENTS 109 PROTECTED LAND 7768031 CELL TOWER LEASE RIGHTS 43920 10690596 6347577 -166019 -605499 -771518 7119095 0 7119095 8152545 2778 2778 8149767 0 8149767 PART II, LINE 9: CONSERVATION EASEMENTS HELD BY PIEDMONT LAND CONSERVANCY ARE REPORTED ON THE FINANCIAL STATEMENTS AT A NOMINAL VALUE OF $1 PER EASEMENT. THE ORGANIZATION FEELS THAT EASEMENTS DO NOT MEET THE DEFINITION OF AN ASSET AS DEFINED IN CONCEPT STATEMENT 6 OF THE FASB AND THEREFORE SHOULD NOT BE VALUED AT ANY SUBSTANTIVE AMOUNT ON THE BALANCE SHEET. WHEN AN EASEMENT IS PURCHASED, THE PURCHASE PRICE IN EXCESS OF $1 IS CHARGED TO LAND PROJECTS EXPENSE. PART V, LINE 4: TO PROVIDE PERPETUAL FUNDING FOR STEWARDSHIP REQUIREMENTS ON LAND AND EASEMENTS CONTROLLED BY THE ORGANIZATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 2,778. IMPAIRMENT LOSS ON PROPERTY -608,277. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 2,778. X X X X X X 1 CAPITAL DEVELOPMENT SERVICES 915 WEST FOURTH STREET SUITE 100 WINSTONSALEM NC 27101 CAPITAL CAMPAIGN CONSULTING AND MANAGEMENT 0 3335951 93065 3242886 3335951 93065 3242886 NC LAND JAM BLUEGRASS MUSIC EVENT 15140 15140 6993 1241 13500 1294 FARM RUN 9285 9285 4419 370 1442 2 13054 13054 12865 37479 37479 11412 1611 13500 15601 42124 -4645 X 6 6 NOMINAL $1 PER EASEMENT X 1 344000 APPRAISED VALUE 1 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE MEETS WITH THE ORGANIZATION'S OUTSIDE AUDITOR EACH YEAR TO REVIEW THE DRAFT FINANCIAL STATEMENTS AND FORM 990. A DRAFT OF THE FORM IS CIRCULATED TO EACH FINANCE COMMITTEE MEMBER PRIOR TO THE MEETING AND ANY QUESTIONS ARE ADDRESSED AT THE MEETING. CHANGES ARE INCORPORATED INTO THE FINAL VERSION OF FORM 990. AFTER THE FINANCE COMMITTEE APPROVES THE 990, IT IS CIRCULATED TO THE ENTIRE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD PRESIDENT AND EXECUTIVE DIRECTOR ARE CHARGED WITH MONITORING FOR CONFLICTS. IN ADDITION, ALL BOARD MEMBERS ARE RESPONSIBLE FOR DISCLOSING ANY POTENTIAL CONFLICTS AT THE BEGINNING OF EACH BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE IS CHARGED WITH EVALUATING THE EXECUTIVE DIRECTOR'S PERFORMANCE AND MAKING A RECOMMENDATION TO THE BOARD OF DIRECTORS FOR ANY CHANGES IN THE EXECUTIVE DIRECTOR'S COMPENSATION. THE COMMITTEE GATHERS COMPARABLES FROM OTHER LAND TRUSTS AND SIMILAR-SIZED NONPROFIT ORGANIZATIONS WITHIN THE GEOGRAPHIC REGION. FORM 990, PART VI, SECTION C, LINE 19 PIEDMONT LAND CONSERVANCY'S FINANCIAL STATEMENTS, BYLAWS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: IMPAIRMENT LOSS ON REAL ESTATE -608,277. FORM 990, PART XII, QUESTION 2B THE FINANCE COMMITTEE OF THE ORGANIZATION IS RESPONSIBLE FOR THE AUDIT AND MEETS WITH THE AUDITOR EACH YEAR TO REVIEW THE FINACIAL STATEMENTS AND AUDIT RESULTS ALONG WITH FORM 990. FRIENDSHIP GARDEN LLC 1515 WEST CORNWALLIS DRIVE GREENSBORO NC 274086338 475482860 OWNS AND MANAGES THE EMILY ALLEN WILDFLOWER PRESERVE NC 10800 313475 PIEDMONT LAND CONSERVANCY