2019-10-28T14:25:08-05:00 2018-12-31 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2018-01-01 133545322 BEAVERKILL VALLEY LAND TRUST INC C/O OPEN SPACE INSTITUTE INC BEAV 2122908200 1350 BROADWAY NO 201 NEW YORK NY 100187799 KATHERINE ADAMS PRESIDENT 2122908200 2019-10-22 1 MAGDALENA M CZERNIAWSKI P00535099 2125038800 69.74.165.34 2019-10-22 13:02:11 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 E99CEA45C307B5E011B655275064C3D25F8033D4 2018 2020-03-31 21:24:44Z KATHERINE ADAMS 1350 BROADWAY NO 201 NEW YORK NY 100187799 1627063 0 X N/A X 1988 NY TO PROTECT LANDS OF ECOLOGICAL, AESTHETIC AND HISTORICAL VALUE IN THE BEAVERKILL VALLEY. 5 5 0 5 0 0 0 1597663 0 0 0 0 0 29400 0 1627063 0 0 0 0 65111 0 0 0 0 35580 44567 100691 44567 -100691 1582496 2551 1409435 175912 300 -173361 1409135 THE BEAVERKILL VALLEY LAND TRUST OWNS ECOLOGICALLY IMPORTANT NATURAL LANDS IN THE BEAVERKILL VALLEY REGION OF THE CATSKILL STATE PARK IN NEW YORK STATE. IT MANAGES THESE LANDS FOR OPEN SPACE, EDUCATIONAL AND RECREATIONAL PURPOSES FOR THE BENEFIT OF THE GENERAL PUBLIC. 0 0 44301 THE BEAVERKILL VALLEY LAND TRUST OWNS ECOLOGICALLY IMPORTANT NATURAL LANDS IN THE BEAVERKILL VALLEY REGION OF THE CATSKILL PARK IN NEW YORK STATE. IT MANAGES THESE LANDS FOR OPEN SPACE, EDUATIONAL AND RECREATIONAL PURPOSES FOR THE BENEFIT OF THE GENERAL PUBLIC. 44301 1 1 0 0 0 0 1 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X JOSEPH HOLLAND CONTROLLER 2122908200 1350 BROADWAY SUITE 201 NEW YORK NY 100187799 ANDREW REGAN BOARD MEMBER 0.50 X 0 0 0 DAVID C PATTERSON BOARD MEMBER 0.50 X 0 0 0 JOSEPH HOLLAND TREASURER 1.00 39.00 X X 0 124699 16196 KATHERINE ADAMS PRESIDENT 1.00 X X 0 0 0 PATRICIA ADAMS BOARD MEMBER 0.50 X 0 0 0 CHRISTOPHER ELLIMAN PRESIDENT & CEO (OUTGOING) 1.00 39.00 X 0 466322 65507 NATE BERRY VICE PRESIDENT (OUTGOING) 1.00 39.00 X 0 201295 52657 RACHEL PIVNICK SVP & CFO (OUTGOING) 1.00 39.00 X 0 203190 29961 ROBERT K ANDERBERG VP & GEN. COUNSEL (OUTGOING) 1.00 39.00 X 0 219843 43131 SAMAYLA DEUTCH ASSISTANT SECRETARY (OUTGOING) 1.00 39.00 X 0 212155 43151 JEFFREY LEJAVA VP & ASSOC. GEN. COUNSEL 5.00 35.00 X 0 172884 52015 0 1600388 302618 0 0 1 1 0 1572663 25000 1542663 1597663 29400 0 29400 29400 29400 1627063 0 0 29400 X 20533 20533 1678 1678 1462 1196 266 HOME OWNERS ASSOCIATION 10850 10850 STEWARDSHIP EXPENSES 10044 10044 44567 44301 266 0 57445 2700 2550 23063 1608108 281881 1 1326227 2551 1409435 175912 0 300 175912 300 X -173361 1409135 -173361 1409135 2551 1409435 1582496 0 X X 0 1 X 1 0 X 1597663 1597663 1597663 1597663 1597663 29400 29400 1627063 0.98190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 160 13530.00 160 1 1 612.00 30557 1299160 1299160 308788 281881 26907 160 160 1326227 SECURITY DEPOSITS PAYABLE 300 300 X 1673624 46561 46561 1627063 0 1627063 91128 46561 46561 44567 0 44567 PART II, LINE 5: LAND PURCHASED IS RECORDED AT COST. IMPROVEMENTS ON LAND ARE VALUED AT COST AND DEPRECIATED OVER THE ESTIMATED LIFE OF THE ASSET UNLESS DEEMED NOT TO ADD TO MARKET VALUE. CONSISTENT WITH ITS CONSERVATION MISSION, BVLT ASSUMES LAND PURCHASED WILL BE CONSERVED AND ITS MARKET VALUE MAY BE IMPAIRED TO REFLECT ITS CONSERVED VALUE. BVLT HAS IMPAIRED ONE 287 ACRE PARCEL FOR ITS FULL VALUE OF $201,460 BECAUSE THE ORGANIZATION INTENDS TO HOLD THIS PARCEL IN PERPETUITY. REALIZED GAINS AND LOSSES ON NATURAL LAND AREAS AND IMPROVEMENTS, IF ANY, ARE RECORDED UPON DISPOSITION. PART X, LINE 2: THE ORGANIZATION BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2018 AND 2017 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. 0 0 0 0 0 0 0 0 0 CHRISTOPHER ELLIMAN PRESIDENT & CEO (OUTGOING) 0 465103 0 0 0 1219 0 22000 0 43507 0 531829 0 0 NATE BERRY VICE PRESIDENT (OUTGOING) 0 172089 0 29044 0 162 0 16137 0 36520 0 253952 0 0 RACHEL PIVNICK SVP & CFO (OUTGOING) 0 202416 0 0 0 774 0 16480 0 13481 0 233151 0 0 ROBERT K ANDERBERG VP & GEN. COUNSEL (OUTGOING) 0 218655 0 0 0 1188 0 17907 0 25224 0 262974 0 0 SAMAYLA DEUTCH ASSISTANT SECRETARY (OUTGOING) 0 212155 0 0 0 0 0 17427 0 25724 0 255306 0 0 JEFFREY LEJAVA VP & ASSOC. GEN. COUNSEL 0 169614 0 3000 0 270 0 14520 0 37495 0 224899 0 0 X 160 160 BOOK VALUE X 3 1326066 FMV X DEBT FORGIVENESS 1 198465 FMV X PREPAID EXPENSES 1 17972 0 0 0 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 2 PATRICIA ADAMS, TRUSTEE, AND KATHERINE ADAMS, PRESIDENT, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B OUR 990 IS PREPARED BY AN OUTSIDE INDEPENDENT ACCOUNTING FIRM. THE DRAFT FORM 990 IS REVIEWED BY THE CONTROLLER, & GENERAL COUNSEL. THE REVIEWED AND CORRECTED 990 FORM IS THEN SENT OUT TO ALL THE TRUSTEES OF THE ORGANIZATION FOR THEIR REVIEW AND COMMENTS. THE RETURN IS FILED ONCE ALL PARTIES HAVE COMPLETED THEIR REVIEW AND ANY REQUIRED EDITS HAVE BEEN MADE. FORM 990, PART VI, SECTION B, LINE 12C BVLT HAS A CONFLICT OF INTEREST POLICY WHICH REQUIRES ALL INTERESTED PERSONS TO DISCLOSE CONFLICTS AND POTENTIAL CONFLICTS AS SOON AS THEY ARISE. THE CONFLICTED PARTY MAY NOT DISCUSS THE TRANSACTION THAT IS THE BASIS OF SUCH CONFLICT, AND MUST RECUSE HIMSELF OR HERSELF FROM ANY DISCUSSION OR VOTE ON SUCH TRANSACTION. THE PRESIDENT EACH YEAR REPORTS TO THE BOARD OF TRUSTEES ALL CONFLICT TRANSACTIONS AND HOW THEY WERE HANDLED. THE BOARD OF BVLT HAS THE POWER TO TAKE REMEDIAL ACTION IF THE CONFLICT POLICY IS VIOLATED. FORM 990, PART VI, SECTION C, LINE 19 BVLT MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, WHISTLEBLOWER POLICY, DOCUMENT RETENTION AND DESTRUCTION POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. THESE DOCUMENTS ARE SENT TO ANYONE WHO CONTACTS THE ORGANIZATION AND REQUESTS SUCH INFORMATION. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 20,533. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,533. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED. OPEN SPACE INSTITUTE INC 1350 BROADWAY SUITE 201 NEW YORK NY 10018 521053406 LAND PROTECTION NY 501(C)(3) 7 N/A 0 OPEN SPACE INSTITUTE LAND TRUST INC 1350 BROADWAY SUITE 201 NEW YORK NY 10018 133028060 LAND PROTECTION NY 501(C)(3) LINE 12A, I OPEN SPACE INSTITUTE INC 0 STRATEGIC CONSERVATION PARTNERS LLC 1350 BROADWAY ROM 201 NEW YORK NY 10018 823283734 CONSERVATION LAND INVESTMENTS NY N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0