2019-03-26T13:39:16-07:00 2018-09-30 030354347 Grippin Donlan & Pinkham PLC 3 Baldwin Avenue South Burlington VT 05403 990 2017-10-01 030307155 Friends of Stowe Conservation Inc DBA Stowe Land Trust STOW 8022537221 PO Box 284 Stowe VT 05672 Dave Wilkens Vice chair/Treasurer 2019-03-25 true David C Grippin CPA P00040840 8028462000 X 2017 2019-02-21 02:37:17Z Walter Frame PO BOX 284 Stowe VT 05672 712371 false false X www.stowelandtrust.org X 1987 VT The Stowe Land Trust is dedicated to the conservation of scenic, recreational, and productive farm and forest lands for the benefit of the greater Stowe community. 22 22 4 233 0 511951 588036 0 30281 44656 17080 37065 559312 669757 0 0 195510 170098 0 60507 130732 169805 326242 339903 233070 329854 3353887 3685474 29272 24730 3324615 3660744 The Stowe Land Trust is dedicated to the conservation of scenic, recreational, and productive farm and forest lands for the benefit of the greater Stowe community. false false 207670 Summer Naturalist 2018 brought a successful sixth year for SLTs Summer Naturalist Program. SLTs VHCB AmeriCorps member worked with 545 people and provided over 100 hours of programming for youth, families, and volunteers. We completed an art project creating hand-painted trailmarkers for Sunset Rock with fourth graders at Stowe Elementary School, guided nature walks for preschoolers and guests at Trapp Family Lodge, and hands-on stewardship experiences for local teens through the Stowe Parks & Rec Summer Camp program. Nichols Field Tree Planting This spring SLT partnered with the Friends of the Winooski River to plant 280 trees along the Little River on the conserved Nichols Field property as part of maintaining a riparian buffer along the waterway. $2000 from a Patagonia grant were used to help cover the cost of purchasing trees and staff time to complete the project.Mill Trail Property Improvements This spring, SLT contracted with Douglas Foregger to deconstruct and remove the blacksmith shop at the Mill Trail. Mr. Foregger dismantled the building at his own cost and plans to reconstruct it on his property in Waterbury. The site of the old shop was cleaned up and improved as a naturalized picnic area in September with an improved trail down to the river. A $1500 grant from the Outdoor Gear Exchange covered the costs of purchasing three picnic tables and of hiring Timber & Stone LLC. to complete the trail and site improvements with assistance from volunteers from Vail Resorts. SLT also hired Little Tree Builders LLC. to remove old insulating foam that was a fire hazard from the upper cabin at the Mill Trail in late September. Funds from a 2017 grant from Helen and Bowie Duncan for improvements to the Mill Trail were used to cover the costs. The remaining 4,586.50 of the grant will be used in FY19 for additional improvements at the property.Vail Epic Promise Volunteer Work DayFor the second time, SLT served as Vail Resorts non-profit partner and coordinator for their EpicPromise volunteer day. This year we worked with Stowe Trails Partnership and Vermont Department of Forests, Parks & Recreation to provide projects for 80 volunteers at Smugglers Notch State Park, the Mill Trail, and Sterling Forest. Vail Resorts provided funds to SLT to cover materials, supplies, and staff time costs associated with the work day.Land Protection Projects The Strawberry Hill Farm easement transfer completed October 2017. An existing easement was amended to include public access.We have begun fundraising for Hunger Mountain Headwaters. Plan to close projects in 2019. 207670 true true false false false false true false false true true false false false true true false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false true 14 0 true 4 true false false false false false false false false 0 false false false false false false false false false false X 22 22 false false false false true true false true true false false true true true true false true true true false X Kristen Sharpless 8022537221 6 Sunset Street Stowe VT 05672 Clifford Borden Director 1.50 0.00 X 0 0 0 Doren Dolan Director 1.00 0.00 X 0 0 0 Catherine Drake Director 1.50 0.00 X 0 0 0 Amy Stewart Director 1.00 0.00 X 0 0 0 Sam Gaines Director 1.00 0.00 X 0 0 0 Jesse Goldfine Director 2.00 0.00 X 0 0 0 Michael Haynes Director 1.00 0.00 X 0 0 0 Beth Bradford Director 1.00 0.00 X 0 0 0 Tom Jackman Director 1.50 0.00 X 0 0 0 Jed Lipsky Director 1.00 0.00 X 0 0 0 Mila Lonetto Director 1.00 0.00 X 0 0 0 Walter Looney Director 1.50 0.00 X 0 0 0 Bunny Merrill Director 1.00 0.00 X 0 0 0 Darsey Moon Director 1.00 0.00 X 0 0 0 Brian Mullin Director 1.00 0.00 X 0 0 0 Ryan Percy Director 1.00 0.00 X 0 0 0 Dave Wilkens Director 1.50 0.00 X 0 0 0 Roger Witten Director 1.00 0.00 X 0 0 0 Nancy Krakower Director 1.50 0.00 X 0 0 0 Chess Brownell Chairman 3.00 0.00 X 0 0 0 Walter Frame Treasurer/V Chr 2.00 0.00 X 0 0 0 Meg Kauffman Secretary 1.50 0.00 X 0 0 0 Kristen Sharpless Executive Dir. 40.00 0.00 X 54747 0 0 54747 0 false false false 0 220958 4470 6000 356608 9002 588036 0 44552 44552 0 0 0 33623 33519 104 104 104 33277 4470 2704 30573 12165 5310 6855 6855 718 1081 -363 -363 0 669757 104 51044 0 0 0 0 57647 28889 16399 12359 0 91346 45777 25985 19584 0 10482 5253 2982 2247 10623 5324 3022 2277 0 125 125 15014 7524 4271 3219 0 0 0 9039 5260 444 3335 13719 7133 1684 4902 2606 1073 1057 476 2885 1446 821 618 0 21754 10902 6188 4664 3061 1534 871 656 0 0 0 0 4401 4401 9383 4702 2669 2012 Land project 50180 50180 Stewardship 10865 10865 Training 8337 4178 2372 1787 Event 5233 5000 233 13203 8229 2836 2138 339903 207670 71726 60507 50330 281267 273048 178957 0 26000 0 0 0 0 8670 7755 2237859 12854 2227676 2225005 794163 966490 0 0 0 0 3353887 3685474 19001 18198 10271 6532 29272 24730 X 805116 901902 347959 587302 2171540 2171540 3324615 3660744 3353887 3685474 329854 6275 X true X false true false X 327396 338299 487601 511953 588036 2253285 0 0 327396 338299 487601 511953 588036 2253285 0 2253285 18354 31282 35251 28807 44552 158246 0 7827 12473 10190 13475 12883 56848 2468379 0.91290 0.95120 X X X X 32 32 1 true 42 19799 false 553676 57000 9677 620353 444250 74521 34905 553676 345852 71459 26939 444250 628009 111615 -27609 712015 469240 146369 16400 4000 628009 0.86320 0.07500 0.06180 false false false 2125040 2125040 85733 8415 77318 2049 478 1571 25037 3961 21076 2225005 Credit card payable 4359 Payroll liabilities 2173 6532 X Part II, Line 5: Summarized Policy Monitoring is the regular and systematic gathering of information about a conserved property to detect changes and to ensure the property is being used in accordance with the legal restrictions placed on it. SLT monitors land that it owns in fee as well as those on which it holds legal rights through a conservation easement or other legal covenant. All SLT conserved properties are monitored at least once annually in person on the ground.Stowe Land Trust is responsible for enforcing all of its conservation easements through identification and rectification of violations. Regular communication with landowners and diligent annual monitoring can result in minimizing violations and help to resolve enforcement issues in a timely manner. Part II, Line 9: Organization Reporting of conservation easements. The Stowe Land Trust acquires easements and development rights on property through purchase and donation. Within the conservancy movement, a divergence of practice exists as to the values at which easements and development rights are appropriately recorded. The smaller, locally based conservancy organizations tend toward not capitalizing such acquisitions. The Stowe Land Trust has adopted this policy of not capitalizing as assets the acquisition of easements and development rights, but rather discloses them in the footnotes to the financial statements. Part V, Line 4: Intended uses of the endowment fund. The endowment funds are held for long-term growth with the intent to generate on-going income or reserves. The goals of the investment policy are to have sufficient cash resources to meet current spending needs and maintain a positive return on assets held for longer term goals. Part X : FIN48 Footnote The Land Trust is a not-for-profit organization that is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and classified by the Internal Revenue Service as other than a private foundation. The Land Trust is subject to a tax on income from any unrelated business income.The Land Trust has analyzed tax positions taken on its tax returns and believes that all tax positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse affect on the Land Trust's financial condition, results of operations or cash flows. Accordingly, the Land Trust has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at September 30, 2018. false Golf Fundraiser 37747 4470 33277 2704 37747 4470 33277 2704 2704 30573 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Any person, family or business organization shall be entitled to membership in the corporation upon the payment of annual dues. There shall be, at a minimum, three classes of membership: (I) Individual; (II) Family, which shall consist of individuals who are related by blood or marriage and who are living in the same household and at the time of payment of dues are identified in writing to the corporation as being members of a contributor's family; (III) Business, which shall consist of a business entity, whether a sole proprietorship, partnership, corporation, association or other entity organized for either a profit or a non-profit purpose. The corporation shall keep a record of the names and addresses of all the member of the corporation. Form 990, Part VI, Line 11b: Form 990 Review Process Form 990 is reviewed by executive director and all board members prior to filing with the IRS. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts To ensure that the SLT operates in a manner consistent with its charitable purposes and that it does not engage in activities that could jeopardize its status as an organization exempt from federal income tax, periodic reviews of compliance with this policy and disclosure requirements shall be reviewed by the executive committee and approved by the board of directors. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The Stowe Land Trust's process for determining compensation for the executive director includes a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Stowe Land Trust's process for determining compensation for key employees includes a review and approval by independent persons and comparability data. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The Stowe Land Trust makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.