2019-03-24T12:10:54-05:00 2018-06-30 410975573 REDPATH AND COMPANY LTD 4810 WHITE BEAR PARKWAY WHITE BEAR LAKE MN 55110 990 2017-07-01 411713652 MINNESOTA LAND TRUST MINN 6516479590 2356 UNIVERSITY AVE WEST NO 240 SAINT PAUL MN 55114 KRIS WILLIAM LARSON EXECUTIVE DIRECTOR 6516479590 2019-03-06 1 ASHLEY C REHN CPA P00965922 6514267000 2019-03-06 50.224.170.94 2019-03-06 15:49:18 CS P DB2850DC9C294794158C54865F06CF452F694AAC 967318B790B1455EE694363059DB49B3290921CA 2017 2019-02-21 02:37:17Z KRIS WILLIAM LARSON 2356 UNIVERSITY AVE WEST NO 240 SAINT PAUL MN 55114 9003258 0 X WWW.MNLAND.ORG X 1991 MN THE MINNESOTA LAND TRUST PROTECTS AND RESTORES MINNESOTA'S MOST VITAL NATURAL LANDS IN ORDER TO PROVIDE WILDLIFE HABITAT, CLEAN WATER, OUTDOOR EXPERIENCES AND SCENIC BEAUTY FOR GENERATIONS TO COME. WE ACHIEVE THIS MISSION THROUGH OUR LAND CONSERVATION PROGRAM, WHICH HAS THREE ELEMENTS: LAND PROTECTION TO CONSERVE MINNESOTA'S ICONIC LANDSCAPES, PRIMARILY THROUGH CONSERVATION EASEMENTS; ECOLOGICAL RESTORATION TO IMPROVE THE STATE'S WILDLIFE HABITATS; AND PUBLIC ENGAGEMENT TO ENSURE THAT THE FUTURE GENERATIONS CAN EXPERIENCE THE OUTDOORS AND SUPPORT CONSERVATION. 22 22 20 135 0 2733 5006018 8666067 16015 18025 104011 158964 13411 13839 5139455 8856895 55970 11356 0 0 1373240 1493202 60500 78000 320909 3101097 4536083 4590807 6118641 548648 2738254 5877531 8872350 139089 297582 5738442 8574768 X THE MINNESOTA LAND TRUST PROTECTS AND RESTORES MINNESOTA'S MOST VITAL NATURAL LANDS IN ORDER TO PROVIDE WILDLIFE HABITAT, CLEAN WATER, OUTDOOR EXPERIENCES AND SCENIC BEAUTY FOR GENERATIONS TO COME. 0 0 5517193 11356 20223 SEE SCHEDULE OPROTECTION: 25 PROJECTS WERE COMPLETED, PROTECTING 4,194 ACRES AND 96,857 LINEAR FEET OF SHORELINE. WE ALSO WORKED WITH THE CITY OF DULUTH TO IDENTIFY LANDS APPROPRIATE TO INCLUDE IN ITS DULUTH NATURAL AREA PROGRAM DESIGNATION, WHICH IS A PROTECTION STATUS AUTHORIZED BY CITY COUNCIL. RESTORATION: CONTINUING OUR WORK ON THE ST. LOUIS RIVER RESTORATION INITIATIVE WITH THE WISCONSIN DNR, 219 ACRES OF WILD RICE WERE SEEDED. WE ALSO WORKED WITH THE US FISH & WILDLIFE SERVICE TO RESTORE NEARLY 200 ACRES OF WETLANDS AND PRAIRIE IN THE PRAIRIE POTHOLE REGION OF MINNESOTA.ENGAGEMENT: THE LAND TRUST CONTINUES TO WORK WITH THE CITY OF DULUTH TO FURTHER THE CITY'S OUTDOOR EXPERIENCE INITIATIVE. OF NOTE WAS OUR WORK WITH DULUTH YOUTH OUTDOORS, WHICH SEEKS TO GET YOUNG PEOPLE OUTSIDE. MORE THAN 400 AREA YOUTH EXPERIENCED THE OUTDOORS THROUGH DYO LAST YEAR, MANY OF WHOM WOULD NEVER HAVE AN OUTDOOR EXPERIENCE OTHERWISE. 5517193 1 1 0 1 0 0 1 0 0 1 1 0 0 1 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 8 0 1 20 1 1 1 0 0 0 0 1 1 1 1 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X THE ORGANIZATION 6516479590 2356 UNIVERSITY AVE WEST NO 240 SAINT PAUL MN 55114 BRAD WALLIN CHAIR 4.00 X X 0 0 0 LOREN HANSEN VICE-CHAIR 4.00 X X 0 0 0 CAROLYN KOHRS VICE-CHAIR 4.00 X X 0 0 0 PATRICK HYNES SECRETARY 4.00 X X 0 0 0 WOOD KIDNER TREASURER 4.00 X X 0 0 0 BOB BUSH BOARD MEMBER 2.00 X 0 0 0 TED ERICKSON BOARD MEMBER 2.00 X 0 0 0 BRAD FULLER BOARD MEMBER 2.00 X 0 0 0 TONY GRUNDHAUSER BOARD MEMBER 2.00 X 0 0 0 JEFF HAYWARD BOARD MEMBER 2.00 X 0 0 0 DAVID KNOBLAUCH BOARD MEMBER 2.00 X 0 0 0 BRIDGET LEVIN BOARD MEMBER 2.00 X 0 0 0 ALEXIS LUDWIG-VOGEN BOARD MEMBER 2.00 X 0 0 0 TINA MAY BOARD MEMBER 2.00 X 0 0 0 MARK NORQUIST BOARD MEMBER 2.00 X 0 0 0 JIM PAYNE BOARD MEMBER 2.00 X 0 0 0 RICK ROSVOLD BOARD MEMBER 2.00 X 0 0 0 JOHN SHARDLOW BOARD MEMBER 2.00 X 0 0 0 FAY SIMER BOARD MEMBER 2.00 X 0 0 0 RICK SNYDER BOARD MEMBER 2.00 X 0 0 0 JAMES STARK BOARD MEMBER 2.00 X 0 0 0 JOE SULLIVAN BOARD MEMBER 2.00 X 0 0 0 KRIS WILLIAM LARSON EXECUTIVE DIRECTOR 50.00 X 115667 0 6940 115667 0 6940 1 0 0 0 0 144399 5178185 3343483 816291 8666067 FEES FOR SERVICE 531390 18025 18025 18025 156766 156766 123500 121302 2198 2198 2198 38900 144399 25061 13839 13839 8856895 20223 0 170605 11356 11356 124953 109959 7497 7497 1114175 840462 156300 117413 21318 15871 3151 2296 140542 111222 16828 12492 92214 70434 12306 9474 17550 17550 78000 78000 20696 14902 1590 4204 100832 47989 4845 47998 63530 45516 4763 13251 101060 75795 8085 17180 69299 63770 1607 3922 6424 2640 3423 361 8601 6450 689 1462 21261 21261 EASEMENT ACQ 3470225 3470225 PROJECT EXPENSES 624536 621309 3227 BANK FEES 15837 100 15737 MEMBERSHIPS, DUES, LICE 6679 4533 484 1662 9553 4660 4423 470 6118641 5517193 280539 320909 238219 260563 33977 1428865 417463 402100 512292 936259 17952 28842 265359 50144 331565 215215 4326063 4856306 0 744200 5877531 8872350 139089 177582 0 120000 139089 297582 X 812055 1950116 4657180 6301445 269207 323207 5738442 8574768 5877531 8872350 2738254 98072 0 X 0 1 X 1 0 X 2290440 3450803 4178227 5006018 8666067 23591555 2290440 3450803 4178227 5006018 8666067 23591555 747907 22843648 148493 156687 133157 104011 156766 699114 13338 18359 22756 13411 13839 81703 24372372 291843 0.93730 0.96310 X 6118641 6118641 455932 113983 0 0 321581 363273 379540 455932 1520326 2280489 3771 400 2000 6171 80395 90818 94885 113983 380081 570122 2000 2000 X X X 552 55325.00 0 5 2 1 2945.00 594780 4650172 605242 251485 209711 5297188 3914189 672655 370898 307570 4650172 4067945 281685 18839 454280 3914189 4135814 322950 59300 450119 4067945 3425180 420406 495862 205634 4135814 0.09000 0.06000 0.85000 0 0 199650 199650 65709 50144 15565 215215 BENEFICIAL INTEREST - DONATED LAND 744200 744200 X 8954967 98072 98072 8856895 0 8856895 6118641 0 6118641 0 6118641 PART II, LINE 3: ROSE CITY (GOODWIN 2) 2000 - 190: TECHNICAL; AMENDMENT TO CONSERVATION EASEMENT. ROSE CITY (RUDD) 1994 - 05: MODIFICATION CONSISTENT WITH CONSERVATION PURPOSE; AMENDED AND RESTATED CONSERVATION EASEMENT. WILD RIVER STATE PARK (BUISMAN) 1999 - 160: MODIFICATION CONSISTENT WITH CONSERVATION PURPOSE; THERE WERE AMBIGUITIES IN THE BUILDING ENVELOPE, AGRICULTURAL USE, MAPPING AND OLD LANGUAGE. AMENDED AND RESTATED. SKUNK LAKE (HEDEEN) 1998 - 122: MODIFICATION CONSISTENT WITH CONSERVATION PURPOSE; REMOVED TWO BUILDING RIGHTS, UPDATED LANGUAGE. SAINT CROIX RIVER (SCHAFFER FAMILY): TECHNICAL; LEGAL DESCRIPTION ERROR, UPDATED LANGUAGE FOR A RESTATEMENT. PART II, LINE 5: THE MINNESOTA LAND TRUST HAS EXTENSIVE POLICIES AND PROCEDURES COVERING ITS CONSERVATION EASEMENT STEWARDSHIP PROGRAM. THE ULTIMATE RESPONSIBILITY OF THE LAND TRUST'S CONSERVATION EASEMENT STEWARDSHIP PROGRAM IS TO PRESERVE THE CONSERVATION VALUES ASSOCIATED WITH EACH PROPERTY. THEREFORE, THE LAND TRUST IS PREPARED TO LEGALLY DEFEND AND ENFORCE ITS EASEMENTS WHEN NECESSARY. LEGAL ENFORCEMENT, HOWEVER, IS A REMEDY OF LAST RESORT. THE GOALS OF THE LAND TRUST'S EASEMENT STEWARDSHIP PROGRAM INCLUDE ENCOURAGING VOLUNTARY COMPLIANCE WHENEVER POSSIBLE, ESTABLISHING AND MAINTAINING GOOD RELATIONSHIPS WITH LANDOWNERS AND THE COMMUNITIES IN WHICH OUR EASEMENTS ARE LOCATED, DOCUMENTING THE CONDITION OF LANDS PROTECTED BY EACH EASEMENT AT THE TIME THE EASEMENT IS COMPLETED AND MONITORING THAT CONDITION OVER TIME, MAINTAINING ACCURATE RECORDS AND BEING EFFICIENT AND EFFECTIVE WITH THE USE OF FUNDS IN SUPPORTING STEWARDSHIP ACTIVITIES. COMPONENTS OF THE STEWARDSHIP PROGRAM INCLUDE: CREATING AN APPROPRIATE BASELINE PROPERTY REPORT, EASEMENT ADMINISTRATION, MONITORING, LANDOWNER RELATIONS, COMMUNITY RELATIONS AND EASEMENT ENFORCEMENT AND DEFENSE. THE LAND TRUST HAS SPECIFIC POLICIES AND PROCEDURES FOR EACH OF THESE COMPONENTS. AS ONE OF THE FIRST NATIONALLY ACCREDITED LAND TRUSTS IN THE COUNTRY, THESE POLICIES AND PROCEDURES AND THEIR IMPLEMENTATION BY THE LAND TRUST HAVE PASSED LAND TRUST ACCREDITATION COMMISSION SCRUTINY. ALL CONSERVATION EASEMENTS ACCEPTED BY THE MINNESOTA LAND TRUST GRANT TO THE LAND TRUST EXPANSIVE RIGHTS TO ENTER, MONITOR AND INSPECT THE PROPERTY. ALL EASEMENTS ALSO PROVIDE COMPREHENSIVE ENFORCEMENT RIGHTS AND REMEDIES FOR THE LAND TRUST IN THE EVENT OF A VIOLATION AND DETAIL THE LIMITED CIRCUMSTANCES UNDER WHICH THE CONSERVATION EASEMENT COULD BE MODIFIED OR TERMINATED. PART II, LINE 9: CONSERVATION EASEMENTS ACCEPTED OR PURCHASED BY THE LAND TRUST ARE NOT RECOGNIZED AS ASSETS OR REVENUES IN THE ACCOMPANYING FINANCIAL STATEMENTS BECAUSE THE LAND TRUST DOES NOT HAVE FEE TITLE TO THE PROPERTIES AND THERE ARE NO EXPECTED FUTURE ECONOMIC BENEFITS. IF PURCHASED, THE COSTS OF CONSERVATION EASEMENTS ARE EXPENSED WHEN THE EASEMENTS ARE ACQUIRED. PURCHASES OF CONSERVATION EASEMENTS MADE WITH OHF OR ENRTF FUNDS ARE SHOWN AS INCOME IN THE ACQUISITION ACCOUNTS (4300 ACQ AND RELATED EXPENSE ACCOUNTS (5540 ACQ). IN FY18, ONE EASEMENT WAS PURCHASED WITH FUNDS FROM THE RESTRICTED OPERATING FUND 3100ERA, WHICH IS SHOWN AS A RELEASE FROM RESTRICTIONS. ONLY THE PURCHASE PRICE OF AN EASEMENT IS RECORDED; PROJECT COSTS SUCH AS TITLE WORK, MAPPING AND THE LIKE, ARE CONSIDERED PART OF THE LAND TRUST'S CORE PROGRAM EXPENSE. PART V, LINE 4: THE ENDOWMENT FUND WAS ESTABLISHED TO PROVIDE LONG-TERM OPERATING SUPPORT FOR THE MINNESOTA LAND TRUST. PART X, LINE 2: A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN INCOME TAX POSITION (INCLUDING TAX-EXEMPT STATUS) MAY BE RECOGNIZED ONLY WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT BELIEVES THE LAND TRUST HAS NO UNCERTAIN INCOME TAX POSITIONS THAT WOULD RESULT IN AN ACCRUAL, EXPENSE OR BENEFIT UNDER THE MORE LIKELY THAN NOT STANDARD. 1 NORTH AMERICA - CANADA AND MEXICO, NOT US 0 0 GRANTS TO RECIPIENTS LAND CONSERVATION 11356 0 0 0 0 0 0 11356 0 11356 NORTH AMERICA - CANADA AND MEXICO, NOT US LAND CONSERVATION 11356 CHECK 1 0 0 0 0 0 0 PART I, LINE 2: THE LAND TRUST MONITORS THE EXPENSES GRANTED FROM ITS RAINY LAKE FUND VIA SEVERAL MECHANISMS, INCLUDING ANNUAL IN-PERSON MEETINGS AND WRITTEN REPORTS FROM ENTITIES RECEIVING THE FUNDS. X X X 1 CROWLEY WHITE HELMER & SEVIG INC 1619 DAYTON AVENUE SUITE 106 SAINT PAUL MN 55104 CAPITAL CAMPAIGN CONSULTING 0 829594 78000 751594 829594 78000 751594 MN FL OR IL WI MINNESOTA MADE 183299 144399 38900 9241 9115 6705 183299 144399 38900 9241 9115 6705 25061 13839 X 17 72191 SELLING PRICE X 6 0 N/A X 1 744100 TAX-ASSESSED VALUE 8 0 1 1 PART I, COLUMN (B): AMOUNTS IN COLUMN B ARE THE NUMBER OF CONTRIBUTIONS. PART I, LINE 32B: WE USE A BROKER TO HANDLE SALES OF STOCK AND REALTORS TO SELL PROPERTIES THAT WE HOLD IN FEE. PART I, LINE 33: CONSERVATION EASEMENTS ACCEPTED BY THE MINNESOTA LAND TRUST ARE NOT RECORDED AS ASSETS BECAUSE THE LAND TRUST DOES NOT HAVE TITLE TO THE PROPERTIES AND THERE ARE NO EXPECTED FUTURE ECONOMIC BENEFITS FOR THE LAND TRUST. AMOUNTS REPORTED ON SCHEDULE M ARE FOR THOSE CASES WHERE THE LAND TRUST RECEIVES DONATED PROPERTY IN ITS NAME. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE MAY EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE AFFAIRS OF THE ORGANIZATION DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, SUBJECT AT ALL TIMES TO THE BYLAWS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE MANAGER, EXECUTIVE DIRECTOR AND THE TREASURER OF THE BOARD OF DIRECTORS REVIEW THE DRAFT OF THE FORM 990. THE FORM 990 IS ALSO REVIEWED BY THE ENTIRE FINANCE COMMITTEE AND/OR THE EXECUTIVE COMMITTEE. AT THE EXECUTIVE DIRECTOR'S DISCRETION, ANY QUESTIONS OR CONCERNS MAY ALSO BE REVIEWED WITH OUTSIDE LEGAL COUNSEL. ANY REQUESTED OR REQUIRED CHANGES ARE THEN DISCUSSED WITH THE TAX PREPARER AND A DRAFT 990 IS REVIEWED BY THE FINANCE COMMITTEE. A COPY OF THE FINAL FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND COMMENT. PRIOR TO FILING, THE FULL BOARD OF DIRECTORS VOTES TO ACCEPT THE FORM 990 AND RELATED DOCUMENTS. FORM 990, PART VI, SECTION B, LINE 12C IN ADDITION TO ANNUALLY ASKING ALL BOARD MEMBERS AND STAFF TO DISCLOSE POTENTIAL CONFLICTS IN WRITING, ALL MAJOR ORGANIZATIONAL TRANSACTIONS ARE EVALUATED WITH RESPECT TO POTENTIAL CONFLICTS OF INTEREST. THE EXECUTIVE DIRECTOR AND/OR THE CHAIR OF THE BOARD ARE INVOLVED IN EVALUATING PROSPECTIVE POTENTIAL CONFLICTS AND DOCUMENTING DECISIONS. RECORDS ARE KEPT OF ALL POTENTIAL CONFLICTS AND RELATED DECISIONS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS ALSO SERVES AS THE PERSONNEL COMMITTEE OF THE BOARD WITH SPECIFIC RESPONSIBILITY TO EVALUATE THE PERFORMANCE OF THE EXECUTIVE DIRECTOR AND SET COMPENSATION FOR THE EXECUTIVE DIRECTOR. THE EXECUTIVE COMMITTEE REVIEWS AVAILABLE DATA REGARDING COMPENSATION OF SIMILAR POSITIONS IN SIMILAR SITUATIONS AND SETS COMPENSATION ACCORDINGLY. ALL OF THE MEMBERS OF THE EXECUTIVE COMMITTEE ARE INDEPENDENT. DECISIONS OF THE EXECUTIVE COMMITTEE ARE DOCUMENTED IN THE MINUTES AND/OR IN THE PERSONNEL FILE OF THE EXECUTIVE DIRECTOR AS APPROPRIATE. DECISIONS REGARDING THE EXECUTIVE DIRECTOR COMPENSATION ARE ALSO REVIEWED BY THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE MINNESOTA LAND TRUST WEB SITE AND ARE ON FILE WITH THE MINNESOTA ATTORNEY GENERAL'S OFFICE. COPIES ARE ALSO AVAILABLE FROM THE LAND TRUST UPON REQUEST. AN ANNUAL REPORT SUMMARIZING AUDITED FINANCIAL INFORMATION AND PROGRAM INFORMATION IS ALSO PREPARED. IT IS WIDELY DISTRIBUTED TO DONORS AND OTHER INTERESTED PARTIES AND IS AVAILABLE ON THE MINNESOTA LAND TRUST WEB SITE. COPIES OF OTHER GOVERNANCE DOCUMENTS AND LAND TRUST POLICIES ARE MADE AVAILABLE ON A CASE BY CASE BASIS AS REQUESTED. IN PRACTICE, REQUESTS HAVE BEEN VERY RARE. PART I, LINE 5 & PART V, LINE 2A THE MINNESOTA LAND TRUST USES THE SERVICES OF OASIS DEG (FORMERLY DOHERTY EMPLOYER SERVICES), A PROFESSIONAL EMPLOYER ORGANIZATION, TO PROVIDE THE ORGANIZATION WITH HUMAN RESOURCES SERVICES INCLUDING PAYROLL PROCESSING AND BENEFITS MANAGEMENT. ALL MINNESOTA LAND TRUST EMPLOYEES ARE CO-EMPLOYED BY DOHERTY. HOWEVER, DOHERTY IS SOLELY RESPONSIBLE FOR COMPLYING WITH ALL INCOME AND SOCIAL SECURITY TAX LAWS AND REGULATIONS RELATED TO OUR EMPLOYEES, INCLUDING COMPLETING ALL REQUIRED TAX FILINGS SUCH AS IRS FORMS W2S AND W3S.