2019-03-11T16:39:17-05:00 2018-06-30 042917204 ANSTISS & CO PC 1115 WESTFORD STREET LOWELL MA 01851 990 2017-07-01 223070912 LOWELL PARKS & CONSERVATION TRUST INC LOWE 9789340030 PO BOX 7162 LOWELL MA 01852 JANE CALVIN EXECUTIVE DIRECTOR 9789340030 2019-02-11 1 RAYMOND L ANSTISS JR P00142883 9784522500 2019-02-04 50.198.108.100 2019-02-11 20:23:08 ES P 6179CAE79FDE2BA5EC158FAB2219F92F9645CDFB 828B4C756112436BA83637C705CCBCE80F614336 2017 2019-02-21 02:37:17Z JANE CALVIN 660 SUFFOLK STREET STE 120 LOWELL MA 01854 478040 0 X WWW.LOWELLLANDTRUST.ORG X 1991 MA TO IMPROVE THE QUALITY OF LIFE FOR THE PEOPLE OF LOWELL THROUGH THE CREATION, CONSERVATION, AND PRESERVATION OF THE PARKS, OPEN SPACES, AND SPECIAL PLACES. 9 9 8 259 0 0 280833 471160 3516 6071 162 809 -1106 -2628 283405 475412 0 0 0 0 139156 146263 0 0 4918 150017 154931 289173 301194 -5768 174218 1408674 1618281 5792 23672 1402882 1594609 TO IMPROVE THE QUALITY OF LIFE FOR THE PEOPLE OF LOWELL THROUGH THE CREATION, CONSERVATION, AND PRESERVATION OF THE PARKS, OPEN SPACES, AND SPECIAL PLACES. 0 0 266868 6071 THE TRUST ASSISTS IN THE PRESERVATION OF THE HISTORIC & NATURAL BEAUTIES IN THE CITY OF LOWELL THROUGH EDUCATION OF THE PUBLIC AND OUTDOOR ACTIVITIES. 266868 1 1 0 0 0 0 1 1 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 1 8 1 0 0 0 0 0 1 1 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA CT NY NH X JANE CALVIN 9789340030 660 SUFFOLK STREET SUITE 120 LOWELL MA 01854 MARK ROMANOWSKY PRESIDENT 1.00 X X 0 0 0 CHRISTINE COLE TREASURER 1.00 X X 0 0 0 SHEILA KIRSCHBAUM CLERK 1.00 X X 0 0 0 SOPHEAP THEAM BOARD MEMBER 1.00 X 0 0 0 MATTHEW C DONAHUE ESQ BOARD MEMBER 2.00 X 0 0 0 JAMES O'HEARN BOARD MEMBER 1.00 X 0 0 0 CHRISTINE MCCALL BOARD MEMBER 1.00 X 0 0 0 BRIAN CHAPMAN BOARD MEMBER 1.00 X 0 0 0 JONATHAN GEER BOARD MEMBER 1.00 X 0 0 0 JANE CALVIN EXEC. DIRECTOR 35.00 X 82892 0 0 82892 0 0 0 0 0 0 0 8700 20000 442460 204135 471160 WHITE WATER RAFTING ON 713990 6071 6071 6071 809 809 0 8700 2628 -2628 -2628 475412 6071 0 -1819 X 84573 76056 6478 2039 50450 48710 1740 11240 9891 1349 6250 6250 66003 65086 806 111 567 223 344 25433 20904 1807 2722 2612 2217 395 942 519 377 46 3369 3251 118 12514 12514 8422 6142 2280 PROJECT SUPPLIES & EQUI 13659 13659 PROPERTY MAINTENANCE 8196 7696 500 MISCELLANEOUS EXPENSE 3433 3433 MEMBERSHIP DUES 3171 3171 360 360 301194 266868 29408 4918 169726 187371 63724 274048 25000 61579 73256 3472 3333 1057569 148907 921177 908662 163996 171611 1408674 1618281 5792 23672 5792 23672 X 1171357 1376040 181525 168569 50000 50000 1402882 1594609 1408674 1618281 174218 17509 0 X X 0 1 X 1 0 X 256896 340939 289379 280833 471160 1639207 256896 340939 289379 280833 471160 1639207 114109 1525098 136 24 244 162 809 1375 2861 2861 1643443 22627 0.92800 0.88880 X X X X X 1 4.70 0 0 0 1 1 10.00 400 1 50000 X X 0 691853 691853 303486 141179 162307 12230 7728 4502 50000 50000 908662 BENEFICIAL INTEREST IN ASSETS HELD BY GLCF 171611 171611 X 498921 17509 6000 23509 475412 0 475412 307194 6000 6000 301194 0 301194 PART II, LINE 9: THE ORGANIZATION MONITORS EASEMENTS IN THE NORMAL COURSE OF ITS OPERATIONS AND ASSOCIATED COSTS ARE EXPENSED AS INCURRED. THE ESTIMATED VALUE OF THE EASEMENTS IS NOT INCLUDED IN THE STATEMENT OF FINANCIAL POSITION BECAUSE THE EASEMENTS DO NOT REPRESENT A FUTURE ECONOMIC BENEFIT TO THE ORGANIZATION. PART III, LINE 4: THE ARTIFACTS ALL CAME WITH THE SPALDING HOUSE AND RANGE FROM FURNITURE TO LAMPS, CROSS STITCHES TO DISHES. THESE WERE ALL COLLECTED BY THE DAUGHTERS OF THE AMERICAN REVOLUTION. THE ARTIFACTS HELP US CONVEY THE HISTORY OF THE SPALDING HOUSE, WHICH WE HOPE TO OPEN EVENTUALLY AS AN URBAN ENVIRONMENTAL EDUCATION MUSEUM. THE ARTIFACTS ALSO HELP US CONVEY A SENSE OF PLACE. PART V, LINE 4: LOWELL PARKS AND CONSERVATION TRUST ESTABLISHED SIX ENDOWMENT FUNDS WITH THE GREATER LOWELL COMMUNITY FOUNDATION WITH THE INTENT OF GROWING THE ENDOWMENTS SO THAT THE ANNUAL DISTRIBUTIONS COULD BE USED TO FURTHER THE MISSION OF IMPROVING THE QUALITY OF LIFE FOR THE PEOPLE OF LOWELL THROUGH THE CREATION, CONSERVATION, AND PRESERVATION OF THE PARKS, OPEN SPACES, AND SPECIAL PLACES. FIVE OF THE ENDOWMENTS ARE TO PROVIDE FUNDS FOR THE MAINTENANCE OF PROPERTY OWNED BY LOWELL PARKS AND CONSERVATION TRUST, AND THE OTHER IS TO PROVIDE FUNDS FOR CONSERVATION EASEMENT STEWARDSHIP AS WELL AS TO FUND OPERATIONS. PART X, LINE 2: LOWELL PARKS & CONSERVATION TRUST, INC. HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS, THEREFORE, GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. ASC 740-10, "INCOME TAXES" REQUIRES THE ORGANIZATION TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF THE ORGANIZATION'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY. X 1 0 X 1 204135 FAIR MARKET VALUE 1 0 0 0 PART I, LINE 33: THE ORGANIZATION RECEIVES PROCEEDS FROM THE SALES OF WORKS OF ART CREATED BY THE PRESIDENT OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ENTIRE BOARD MEETS WITH THE AUDITORS TO REVIEW THE FORM 990 BEFORE APPROVING IT TO BE FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN ANNUAL CONFLICT OF INTEREST STATEMENTS. FORM 990, PART VI, SECTION B, LINE 15 A PERSONNEL COMMITTEE MEETS ANNUALLY WITH THE EXECUTIVE DIRECTOR. THIS COMMITTEE REVIEWS DATA ON THE PAY SCALE OF OTHER LOCAL EXECUTIVE DIRECTORS. THEY'VE DETERMINED THAT THE ORGANIZATION'S EXECUTIVE DIRECTORS SALARY IS AVERAGE. THIS IS THEN REVIEWED AND VOTED ON BY THE ENTIRE BOARD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 62,379. MANAGEMENT AND GENERAL EXPENSES 437. FUNDRAISING EXPENSES 111. TOTAL EXPENSES 62,927. PAYROLL FEE-INTERPAY: PROGRAM SERVICE EXPENSES 2,707. MANAGEMENT AND GENERAL EXPENSES 369. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,076. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES IN THE PROCESS. THE BOARD OF DIRECTORS CONTINUES TO HAVE OVERSIGHT OF THE AUDIT.