2019-11-14T17:18:47-06:00 2018-12-31 920127098 ELGEE REHFELD LLC 9309 GLACIER HWY STE B-200 JUNEAU AK 99801 990 2018-01-01 920156402 SOUTHEAST ALASKA LAND TRUST SOUT 9075863100 119 SEWARD STREET SUITE 2 JUNEAU AK 99801 ALEX WERTHEIMER BOARD TREASURER 9075863100 2019-11-05 1 ROBERT L REHFELD P00104959 9077893178 2019-11-05 24.237.4.179 2019-11-05 14:04:56 AS P EC3CC47D83671314A374AA862C9223A3E0EC1534 4A0BD3E273B1AD69078C4694022F5FE8723B1C57 2018 2020-03-31 21:24:44Z ALEX WERTHEIMER 119 SEWARD STREET SUITE 2 JUNEAU AK 99801 621437 0 X WWW.SOUTHEASTALASKALANDTRUST.ORG X 1995 AK THE SOUTHEAST ALASKA LAND TRUST COLLABORATES WITH COMMUNITIES, INDIVIDUALS, AND ORGANIZATIONS THROUGHOUT SOUTHEAST ALASKA TO HELP ENSURE THAT HIGHLY VALUED HABITAT, RECREATION, OPEN SPACE, AND CULTURAL AND HISTORIC AREAS CONTINUE TO THRIVE FOR THE WELL-BEING OF EACH GENERATION. 9 9 5 10 0 0 140848 484858 27582 0 95995 136579 0 0 264425 621437 0 0 0 0 162489 184654 0 0 21088 104180 234532 266669 419186 -2244 202251 8045507 6885740 45105 22492 8000402 6863248 X THE SOUTHEAST ALASKA LAND TRUST COLLABORATES WITH COMMUNITIES, INDIVIDUALS, AND ORGANIZATIONS THROUGHOUT SOUTHEAST ALASKA TO HELP ENSURE THAT HIGHLY VALUED HABITAT, RECREATION, OPEN SPACE, AND CULTURAL AND HISTORIC AREAS CONTINUE TO THRIVE FOR THE WELL-BEING OF EACH GENERATION. 0 0 258858 LAND CONSERVATION - IN 2018, SOUTHEAST ALASKA LAND TRUST (SEAL TRUST) SUCCESSFULLY COMPLETED ONE FEE SIMPLE ACQUISITION, TOTALING 32 ACRES. CONSERVATION PROJECT DEVELOPMENT INCLUDES: PRIORITIZATION MAPPING PROJECTS, CONSERVATION SITE SELECTION, DUE DILIGENCE, AND ACQUISITION OF CONSERVATION EASEMENT OR FEE SIMPLE PROPERTIES, INCLUDING THOSE ACQUIRED WITH FUNDING FROM DEVELOPERS PAID TO SEAL TRUST VIA THEIR IN-LIEU FEE AGREEMENT WITH THE U.S. ARMY CORPS OF ENGINEERS. SEAL TRUST'S LAND CONSERVATION PROGRAM ALSO INCLUDES OUTREACH AND COMMUNICATION WITH LANDOWNERS, SITE VISITS, REPORT PREPARATION, AND NEGOTIATIONS WITH LANDOWNERS. 65152 STEWARDSHIP - AS OF THE END OF 2018, SEAL TRUST HAS PROTECTED 35 PROPERTIES CONSISTING OF 3,502 ACRES, LOCATED IN JUNEAU, ADMIRALTY ISLAND, EXCURSION INLET, HAINES, KAKE, PETERSBURG (FARRAGUT BAY), AND SITKA. STEWARDSHIP INCLUDES MANAGEMENT OF 19 FEE SIMPLE PROPERTIES CURRENTLY OWNED BY SEAL TRUST AND THE MONITORING AND ENFORCEMENT OF 15 CONSERVATION EASEMENTS AND 1 DEED RESTRICTION HELD BY SEAL TRUST, INCLUDING MEETINGS WITH LANDOWNERS AND NEIGHBORS. 12000 COMMUNITY OUTREACH & ENGAGEMENT - SEAL TRUST WORKS TO PROVIDE COMMUNITY OUTREACH PROGRAMS THAT ENCOURAGE PEOPLE TO CONNECT WITH THE OUTDOORS AND LAND CONSERVATION. IN 2018, SEAL TRUST HELD FIVE COMMUNITY OUTREACH EVENTS, INCLUDING A WETLANDS CLEANUP, THE WILD FOR CONSERVATION 5K RACE, AND A FLY CASTING WORKSHOP. SEAL TRUST ALSO HELD A TOTAL OF SEVEN EDUCATIONAL PRESENTATIONS IN THE COMMUNITIES OF JUNEAU, EXCURSION INLET, GUSTAVUS, KAKE AND SITKA TO INCREASE PUBLIC KNOWLEDGE AND AWARENESS OF SEAL TRUST AND LAND CONSERVATION. 336010 1 1 0 0 0 0 1 0 0 1 1 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 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X THE ORGANIZATION 9075863100 119 SEWARD STREET SUITE 2 JUNEAU AK 99801 ALEX WERTHEIMER BOARD PRESIDENT 1.00 X X 0 0 0 BROCK TABOR BOARD VICE PRESIDENT 1.00 X X 0 0 0 NANCY WATERMAN BOARD SECRETARY 1.00 X X 0 0 0 JAY NELSON BOARD TREASURER 1.00 X X 0 0 0 ANNIE CARPENETI BOARD MEMBER 1.00 X 0 0 0 ALERIA JENSEN BOARD MEMBER 1.00 X 0 0 0 FRANK RUE BOARD MEMBER 1.00 X 0 0 0 JAN RUTHERDALE BOARD MEMBER 1.00 X 0 0 0 CAROLE TRIEM BOARD MEMBER 1.00 X 0 0 0 ALLISON GILLUM EXECUTIVE DIRECTOR 40.00 X 66816 0 5454 66816 0 5454 0 0 0 0 0 84000 400858 484858 136579 136579 621437 0 0 136579 X 72270 50597 17127 4546 91036 74312 12972 3752 8528 8528 12820 9218 1963 1639 6709 6709 17810 17810 16502 15376 1126 122503 112219 10284 110 110 22741 11848 7782 3111 14282 320 13962 12128 10238 1838 52 5332 1122 4210 ALL OTHER EXPENSE 8565 2710 2926 2929 TRAINING/PROFESSIONAL D 7850 1380 6470 ALLOCATION OF INDIRECT 0 39961 -45020 5059 419186 336010 62088 21088 57084 452431 5749114 4532502 23658 2500 2500 4561 889 486708 6130 480578 480578 1728012 1416840 8045507 6885740 17448 19537 27657 2955 45105 22492 X 695123 938513 7305279 5924735 8000402 6863248 8045507 6885740 X 202251 -143755 -1195650 X X 1 X 0 0 0 X 162329 335679 336623 140848 484858 1460337 162329 335679 336623 140848 484858 1460337 112160 1348177 62261 64740 130760 95995 136579 490335 1950672 1854398 0.69110 0.64970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 15 3277.00 0 0 0 1 1 798.00 23452 2056995 8054 -108215 131166 8814 1816854 1859810 21239 182997 7051 2056995 1440582 407638 94192 73649 8953 1859810 964297 627127 -14213 124007 12622 1440582 866136 99208 36695 28447 9295 964297 0.10850 0.89150 0 0 480000 480000 6708 6130 578 480578 X PART II, LINE 9: THE TRUST HAS ACQUIRED AND HOLDS A NUMBER OF CONSERVATION EASEMENTS, EACH REPRESENTING A LEGAL INTEREST IN LAND OWNED BY ANOTHER PERSON OR ENTITY. THE CONSERVATION EASEMENTS EXTINGUISH CERTAIN FUTURE DEVELOPMENT RIGHTS IN THE SUBJECT PROPERTIES AND GRANT THE TRUST THE RIGHT TO PROTECT THE LAND FOR CONSERVATION PURPOSES. BECAUSE OF THE UNIQUE NATURE OF THESE ASSETS, THE SIGNIFICANT COST OF OBTAINING CONSISTENT AND RELIABLE ESTIMATES OF THE VALUES ASCRIBED TO THESE INTERESTS, AND CONSISTENT WITH THE PRACTICES FOLLOWED BY MANY ENVIRONMENTAL LAND TRUSTS, THE TRUST'S FINANCIAL STATEMENTS DO NOT INCLUDE ANY AMOUNTS FOR THESE PROPERTY INTERESTS. PART X, LINE 2: THE TRUST IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3). THE TRUST FOLLOWS THE PROVISIONS OF FASB ASC 740, INCOME TAXES, AND MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN. THE ORGANIZATION'S FEDERAL INCOME TAX RETURNS (FORM 990) ARE SUBJECT TO POSSIBLE EXAMINATION BY THE INTERNAL REVENUE SERVICE UNTIL THE EXPIRATION OF THE RELATED STATUTE OF LIMITATIONS ON THOSE TAX RETURNS, WHICH, IN GENERAL, HAVE A THREE-YEAR STATUTE OF LIMITATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY ONE OR MORE OFFICERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY THROUGH ANNUAL SELF DISCLOSURE OF POSSIBLE CONFLICTS BY BOARD MEMBERS AND STAFF. IN ADDITION, POTENTIAL CONFLICTS ARE MONITORED AT REGULAR BOARD MEETINGS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORMS 1023 AND 990 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AND GOVERNING POLICIES AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD PRESIDENT, VICE PRESIDENT, SECRETARY, AND TREASURER. THE EXECUTIVE COMMITTEE HAS ALL AUTHORITY OF THE BOARD OF DIRECTORS, EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL HAVE NO AUTHORITY TO AMEND OR REPEAL THE ARTICLES OF INCORPORATION OR BY-LAWS; TO ELECT, APPOINT, OR REMOVE ANY DIRECTOR OR OFFICER; OR TO TAKE ANY ACTION THE AUTHORITY FOR WHICH IS SPECIFICALLY WITHHELD FROM THE EXECUTIVE COMMITTEE BY THE BOARD OF DIRECTORS. ANY ACTION TAKEN BY THE EXECUTIVE COMMITTEE, EXCEPT EMERGENCY APPROVAL OF LAND TRANSACTIONS, IS SUBJECT TO AMENDMENT OR REPEAL BY THE FULLL BOARD OF DIRECTORS. FORM 990, PART IX, LINE 11G DUE DILIGENCE/SITE PLANNING: PROGRAM SERVICE EXPENSES 112,219. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 112,219. OTHER CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,284. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,284. FORM 990, PART XI, LINE 9: CHANGE IN LAND VALUE HOLDINGS -1,195,650. FORM 990, PART XII, LINE 2C THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNT. THE FULL BOARD OF DIRECTORS REVIEWS AND APPROVES THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS.