2019-11-15T11:35:44-06:00 2018-12-31 910870697 AIKEN & SANDERS INC PS 343 W WISHKAH ST ABERDEEN WA 98520 990 2018-01-01 911439338 BAINBRIDGE ISLAND LAND TRUST BAIN 2068421216 PO BOX 10144 BAINBRIDGE ISLAND WA 98110 ASHA REHNBERG TREASURER 2068421216 2019-11-15 1 LONNIE RICH CPA P00333655 3605333370 64.146.145.18 2019-11-15 09:13:01 PS P 6DD2648D5F28DBF83D6816536A4B4BBE278C27AA F4F3502DC4787109EBD6C2CE2E5B88CD9924D852 2018 2020-03-31 21:24:44Z ASHA REHNBERG PO BOX 10144 BAINBRIDGE ISLAND WA 98110 2688596 0 X WWW.BI-LANDTRUST.ORG X 1989 WA LAND PRESERVATION AND CONSERVATION EDUCATION. 15 15 17 300 0 0 1319894 2611147 0 0 8402 13633 -8880 -21133 1319416 2603647 895250 0 0 0 331542 411513 0 0 185384 330027 356200 1556819 767713 -237403 1835934 7059830 9709019 605335 1418590 6454495 8290429 LAND PRESERVATION AND CONSERVATION EDUCATION. 0 0 362727 2560 LAND PRESERVATION AND CONSERVATION-ACCEPTING AND STEWARDING CONSERVATION EASEMENTS AND PROTECTED LAND. 46953 CONSERVATION EDUCATION, PUBLIC EVENTS, COMMUNITY OUTREACH. 115362 COLLECTING AND DISBURSING DONATIONS TO PURCHASE PUBLIC OPEN SPACE. IN 2018, $275,800 WAS PAID ON DEBT OBLIGATIONS ON ACQUISITION OF OPEN SPACE LAND. AS THESE PAYMENTS REDUCE A BALANCE SHEET LIABILITY, THEY DO NOT APPEAR DIRECTLY UNDER EXPENSES IN PART III NOR IN PART 9, PAGE 10 ON THE STATEMENT OF FUNCTIONAL EXPENSES. 525042 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 21 0 1 17 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X THE ORGANIZATION 2068421216 147 FINCH PL SW 3 BAINBRIDGE ISLAND WA 98110 ANDREA ADAMS DIRECTOR 2.00 X 0 0 0 GRANT BLACKINTON DIRECTOR 2.00 X 0 0 0 GREGORY GEEHAN DIRECTOR 2.00 X 0 0 0 ZAN MERRIMAN DIRECTOR 2.00 X 0 0 0 NICOLE BAVO DIRECTOR 2.00 X 0 0 0 ASHA REHNBERG TREASURER 10.00 X X 0 0 0 MATT OTEPKA DIRECTOR 2.00 X 0 0 0 CULLEN BRADY DIRECTOR 2.00 X 0 0 0 ERIN KELLOGG VICE-PRESIDENT 4.00 X X 0 0 0 SALLY HEWETT DIRECTOR 2.00 X 0 0 0 PHIL ROCKEFELLER DIRECTOR 2.00 X 0 0 0 GENE SELIGMANN DIRECTOR 2.00 X 0 0 0 DEB RUDNICK DIRECTOR 2.00 X 0 0 0 ED GILBERT SECRETARY 4.00 X X 0 0 0 RAY VICTURINE PRESIDENT 10.00 X X 0 0 0 JANE STONE EXECUTIVE DIRECTOR 40.00 X 78936 0 5915 78936 0 5915 0 0 0 0 0 420789 40702 2149656 572908 2611147 13633 13633 60968 420789 84661 -23693 -23693 1884 288 1596 1596 OTHER INCOME 900099 964 964 964 2603647 2560 0 -10060 84850 57284 8772 18794 273366 184554 28262 60550 1904 1285 197 422 20010 13509 2069 4432 31383 19796 4469 7118 40567 26659 4415 9493 44376 15608 976 27792 12872 1488 11384 50607 24805 620 25182 3551 1896 1655 29460 19531 3288 6641 9569 7300 1083 1186 2316 1550 766 45702 45702 2661 2334 327 8939 8147 251 541 LAND & EASEMENT STEWARD 78495 78495 LICENSES AND TAXES 8644 8294 265 85 MISCELLANEOUS 7397 1284 228 5885 BANK AND BROKERAGE FEES 7324 1851 360 5113 3720 3670 50 767713 525042 57287 185384 498364 255992 1489520 1956789 98331 506235 3389 33357 480 192 10551 10505 6955365 9416 4939195 6945949 20000 7059830 9709019 18135 29606 65134 587200 1323850 605335 1418590 X 4793891 6849264 610604 391165 1050000 1050000 6454495 8290429 7059830 9709019 1835934 0 X X 0 1 X 1 0 X 800120 1033601 1403347 1486215 2196552 6919835 800120 1033601 1403347 1486215 2196552 6919835 6919835 6410 9149 6927 8402 13633 44521 23928 52536 71 964 77499 7041855 19744 0.98270 0.98290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 47 763.00 0 0 1 1 1 1311.00 26782 1 6935850 6935850 19515 9416 10099 6945949 X 2765533 76937 84949 161886 2603647 0 2603647 929599 76937 84949 161886 767713 0 767713 PART II, LINE 3: THE MALZHAN CONSERVATION EASEMENT SECOND AMENDMENT WAS RECORDED ON 2-13-18 (KITSAP COUNTY AUDITOR 201802130139). THE PURPOSE OF THE AMENDMENT WAS TO: RECORD A SURVEY DEMARCATING THE RESERVED 1.5 ACRE BUILDING ZONE, CLARIFY LANGUAGE ABOUT WHERE ACTIVITIES ON THE PROPERTY COULD TAKE PLACE AND WHERE CERTAIN ACTIVITIES WERE RESTRICTED, AND RECORD A MAP ILLUSTRATING NATURAL FEATURES OF THE PROPERTY. THESE ELEMENTS WERE NEEDED AS THE ORIGINAL CONSERVATION EASEMENT (RECORDED 9-30-96, KITSAP COUNTY AUDITOR 9609300255) AND FIRST AMENDMENT (RECORDED 4/13/2006, KITSAP COUNTY AUDITOR NUMBER 200604130134) CONTAINED INADEQUATE DOCUMENTATION, SURVEYS OR MAPS SPECIFYING OR DESCRIBING WHERE THE BUILDING ZONE WAS ON THE PROPERTY, MAKING IT VERY HARD FOR THE LAND TRUST TO DEFEND THE EASEMENT, AND POTENTIALLY JEOPARDIZING CONSERVATION VALUES BY LANDOWNER ACTIONS DUE TO THE ZONES NOT BEING WELL DEFINED. THE SECOND AMENDMENT CLEARLY DEFINES WHERE THE BUILDING ZONE IS VIA SURVEYS AND MAPS AND ILLUSTRATES IT IS LOCATED IN A WAY THAT PROTECTS SENSITIVE AREAS SUCH AS WETLANDS AND INTACT FORESTS, KEEPING HABITAT INTACT AND LIMITING DISTURBANCE FROM BUILDING AND OTHER RESERVED RIGHTS IN A CONCENTRATED AREA (OUTSIDE OF SENSITIVE AREAS). BECAUSE THE 1.5 ACRE BUILDING ZONE WAS AN ORIGINAL RESERVED RIGHT, AND THE AMENDMENT WAS INTENDED ONLY TO CLARIFY WHERE THE BUILDING ZONE WOULD BE ON THE LAND IN A WAY THAT PROVIDED HIGHER PROTECTIONS FOR THE CONSERVATION VALUES ON THE PROPERTY, THE LAND TRUST DETERMINED THERE WAS NO PRIVATE BENEFIT GAINED BY THE LANDOWNER THROUGH THIS AMENDMENT. THE CAREFUL EVALUATION AND ULTIMATE APPROVAL OF THIS AMENDMENT WAS CONDUCTED IN ACCORDANCE WITH THE LAND TRUST'S EASEMENT AMENDMENT POLICY. PART II, LINE 5: THE ORGANIZATION'S POLICY IS TO MONITOR ALL CONSERVATION EASEMENTS ON AN ANNUAL BASIS AND TO ENFORCE THE TERMS OF ALL EASEMENTS, INCLUDING PURSUING LITIGATION IF NECESSARY. PART II, LINE 9: THE ORGANIZATION USES A ZERO VALUE APPROACH TO VALUING EASEMENTS. A TYPICAL LAND TRUST EASEMENT PROVIDES THE ORGANIZATION WITH NO AFFIRMATIVE RIGHTS EXCEPT THE RIGHT TO MONITOR AND ENFORCE THE EASEMENTS AND THUS CONSTITUTES A LIABILITY TO THE ORGANIZATION FOR FUTURE COSTS TO MONITOR AND ENFORCE THE EASEMENTS. PART X, LINE 2: THE ORGANIZATION DID NOT REPORT ANY UNCERTAIN TAX POSITIONS IN THE FINANCIAL STATEMENTS FOR 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD ADJUSTMENT 288. DIRECT FUNDRAISING EXPENSE 84,661. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD ADJUSTMENT 288. DIRECT FUNDRAISING EXPENSE 84,661. PRESERVATION PARTNERS 470139 420789 49350 14838 29694 28176 7007 NATIVE PLANT SALE 11618 11618 4946 481757 420789 60968 14838 29694 28176 7007 4946 84661 -23693 X 3 554350 APPRAISAL X VARIOUS 20 18558 3 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE LAND TRUST IS A MEMBERSHIP ORGANIZATION WITH 800 + HOUSEHOLDS AS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ORGANIZATION MEMBERS ELECT ALL MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE OF THE BOARD IS TASKED WITH REVIEWING THE COMPLETED FORM 990 AND THE EXECUTIVE DIRECTOR, TREASURER, AND AT LEAST ONE OTHER MEMBER PERFORM AN IN DEPTH REVIEW OF THE FORM BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, STAFF, AND BOARD COMMITTEE MEMBERS ARE REQUIRED TO COMPLETE AN ANNUAL FORM IN WHICH THEY DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST OF THEIR OWN OR ANY CONFLICTS THAT THEY ARE AWARE OTHERS IN THE ORGANIZATION MAY HAVE AND CERTIFY THAT THEY HAVE READ AND ARE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. AS MATTERS COME BEFORE THE BOARD THAT MAY PRESENT A CONFLICT OF INTEREST, THE SITUATION THAT MAY PRESENT THE CONFLICT IS REVIEWED AGAINST BOARD OR OTHER MEMBER DECLARATIONS, AND IF A CONFLICT IS DEEMED BY THE BOARD OR RELEVENT COMMITTEE TO EXIST, THE PARTY IN QUESTION RECUSES HIM/HERSELF FROM TAKING PART IN THAT MATTER OF BUSINESS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE ORGANIZATION'S ENTIRE STAFF IS DETERMINED BY THE FULL BOARD OF DIRECTORS BASED ON THE RECOMMENDATIONS OF THE PERSONNEL COMMITTEE, FROM WHICH THE EXECUTIVE DIRECTOR, WHO SITS ON THE COMMITTEE, IS RECUSED WHEN HIS/HER COMPENSATION IS UNDER REVIEW/DETERMINATION. RELEVANT REGIONAL LAND TRUST AUTHORITIES ARE CONSULTED AS PART OF THE PROCESS OF CONSIDERING APPROPRIATE COMPENSATION LEVELS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION FORM 1023 AND FORM 990 ARE MADE AVAILABLE TO THE PUBLIC UPON A WRITTEN OR IN PERSON REQUEST TO THE ORGANIZATION'S OFFICE AT 147 FINCH PL SW #3, BAINBRIDGE ISLAND, WA 98110. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION ISSUES AN ANNUAL REPORT CONTAINING A SUMMARY OF THE ORGANIZATION FINANCIAL STATEMENTS AND THIS REPORT IS DISTRIBUTED TO THE ENTIRE MEMBERSHIP AND IS AVAILABLE FOR DOWNLOAD FROM THE ORGANIZATION WEBSITE. THE ORGANIZATION PROVIDES FINANCIAL INFORMATION UPDATES TO GUIDESTAR. ADDITIONALLY, THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON A WRITTEN OR IN PERSON REQUEST TO THE ORGANIZATION'S OFFICE AT 147 FINCH PL SW #3, BAINBRIDGE ISLAND, WA 98110. FORM 990, PART XII, LINE 2C: THE OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.