2018-10-11T12:02:43-05:00 2017-12-31 061143555 REYNOLDS & ROWELLA LLP 90 GROVE STREET RIDGEFIELD CT 06877 990 2017-01-01 066082034 WEANTINOGE HERITAGE LAND TRUST INC WEAN 8609271927 PO BOX 821 KENT CT 06757 CATHERINE RAWSON EXECUTIVE DIRECTOR 8609271927 2018-09-12 1 SCOTT CRANE CPA P00210659 2034380161 X 73.159.168.169 2018-09-12 16:12:34 ED P 60F43FCB2D652456F30222020BAEDC4E20A88F08 07BF4A65C41B48F2666A93619B0BDF39E6066C9F 2017 2018-06-14 16:35:46Z CATHERINE RAWSON PO BOX 821 5 MAPLE STREET KENT CT 06757 4142077 0 X WWW.WEANTINOGE.ORG X 1966 CT TO BENEFIT THE GENERAL PUBLIC THROUGH EDUCATION AND THE CONSERVATION OF NATURAL AREAS, FISH AND WILDLIFE, AND WORKING FARMLAND THROUGHOUT NORTHWEST CONNECTICUT. 8 8 7 60 0 0 2113559 4001929 638 0 17693 28255 -26659 -22811 2105231 4007373 10000 0 0 0 362822 469123 0 0 76884 346280 299491 719102 768614 1386129 3238759 37577094 40936012 292062 300759 37285032 40635253 WEANTINOGE IS A NONPROFIT LAND TRUST THAT BENEFITS THE GENERAL PUBLIC THROUGH EDUCATION AND THE CONSERVATION OF NATURAL AREAS, FISH AND WILDLIFE, AND WORKING FARMLAND THROUGHOUT NORTHWEST CONNECTICUT. 0 0 517792 15875 WEANTINOGE MONITORS EACH OF ITS CONSERVATION EASEMENTS AND FEE-OWNED PRESERVES AT LEAST ONCE ANNUALLY. AS PART OF THE ANNUAL INSPECTION PROCESS, WEANTINOGE'S STAFF REVIEWS BASELINE DATA, PRIOR INSPECTION REPORTS, MANAGEMENT PLANS, CONSERVATION EASEMENTS AND DEEDS, AND OTHER RELEVANT DOCUMENTATION. THE LAND TRUST MAINTAINS PROPERTY INSPECTION RECORDS ACCORDING TO ITS RECORDKEEPING POLICY. AS PART OF THE LAND ACQUISITION PROCESS, WEANTINOGE PRODUCES FEE MANAGEMENT PLANS AND BASELINE DOCUMENTATION REPORTS. DURING 2017, THE LAND TRUST ACQUIRED 1 NEW CONSERVATION EASEMENT AND 5 NEW PROPERTIES BY GIFT. 517792 1 1 0 0 0 0 1 0 0 1 1 0 0 1 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 1 0 0 0 0 0 0 0 1 23 0 1 7 1 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CT NY X CATHERINE RAWSON 8609271927 PO BOX 821 5 MAPLE STREET KENT CT 06757 HIRAM P WILLIAMS JR PRESIDENT 15.00 X X 0 0 0 JIM MILLSTEIN TREASURER 2.00 X X 0 0 0 KIRSTEN PECKERMAN VICE PRESIDENT 2.00 X X 0 0 0 HELEN LILLIS SECRETARY 2.00 X X 0 0 0 CHRISTINE FLYNN RECORDING SECRETARY 2.00 X 0 0 0 LINDA ALLARD DIRECTOR 2.00 X 0 0 0 DAVID DELUCA DIRECTOR 2.00 X 0 0 0 MARGERY FELDBERG DIRECTOR 2.00 X 0 0 0 CATHERINE RAWSON EXECUTIVE DIRECTOR AND VP 50.00 X 116438 0 21699 PAUL ELCONIN DIR. OF LAND CONSERVATION 40.00 X 95266 0 10298 211704 0 31997 1 0 0 0 0 389904 369 3611656 3116459 4001929 26694 26694 63019 61458 1561 1561 1561 34560 389904 73246 -38686 -38686 OTHER INCOME 900099 15875 15875 15875 4007373 15875 0 -10431 240230 173151 42269 24810 173740 123443 31910 18387 26691 16499 6755 3437 28462 20222 5228 3012 11015 10968 47 43453 43453 32355 19359 3965 9031 1310 803 507 28399 10857 12461 5081 39942 28373 7334 4235 8302 5179 2548 575 7100 5129 1971 29006 14835 13490 681 LAND MAINTENANCE 32234 32234 EDUCATION AND OUTREACH 27577 27577 PRINTING 12347 5533 1660 5154 PROPERTY TAXES 10161 10161 16290 13469 340 2481 768614 517792 173938 76884 122850 112673 1857077 2071330 3426 0 369086 41760 334426 327326 575229 698753 34684086 37725930 37577094 40936012 42062 50759 250000 250000 292062 300759 X 35724812 39100395 1460220 1434858 100000 100000 37285032 40635253 37577094 40936012 3238759 111462 0 X X 0 1 X 1 0 X 467883 587367 520363 512814 557024 2645451 467883 587367 520363 512814 557024 2645451 1395599 1249852 9065 10299 23716 17790 26694 87564 2733015 68319 0.45730 0.53160 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: ENDOWMENT DATE: 12/28/15 AMOUNT: 500000. DESCRIPTION: FUNDS FOR WEST ASPETUCK PURCHASE DATE: 02/27/14 AMOUNT: 100000. DESCRIPTION: STEWARDSHIP RESERVE FUND DATE: 07/10/14 AMOUNT: 700000. DESCRIPTION: FUNDS FOR WEST ASPETUCK PURCHASE DATE: 05/07/14 AMOUNT: 100000. DESCRIPTION: FUNDS FOR WEST ASPETUCK PURCHASE DATE: 07/01/14 AMOUNT: 100000. X X X 179 5466.00 2 1 960.00 28446 1542575 15000 12446 1570021 1598466 5000 5992 66883 1542575 1127470 512000 572 41576 1598466 290424 837000 46 1127470 290424 290424 0.06670 0.06260 0.87070 0 0 125000 125000 200000 5128 194872 44086 36632 7454 327326 PRESERVED LAND AND EASEMENTS 37700900 MISCELLANEOUS RECEIVABLES 25030 37725930 X 4118835 111462 111462 4007373 0 4007373 768614 0 768614 0 768614 PART II, LINE 5: IN 2006, THE BOARD FORMALLY ADOPTED THE LAND TRUST ALLIANCE'S STANDARDS AND PRACTICES, WHICH DICTATES THAT WEANTINOGE HERITAGE LAND TRUST ANNUALLY INSPECT ALL EASEMENTS, PRODUCE WRITTEN DOCUMENTATION OF THE INSPECTION, AND ENFORCE EASEMENTS. ON MAY 18, 2013 THE BOARD ADOPTED A CONSERVATION EASEMENT ENFORCEMENT POLICY. THIS POLICY INCLUDES GUIDELINES FOR RESPONDING TO SUSPECTED EASEMENT VIOLATIONS, POTENTIAL VIOLATION REMEDIES, AND VIOLATION PREVENTION STRATEGIES. PART II, LINE 9: DONATED CONSERVATION EASEMENTS ARE VALUED AT ONE DOLLAR EACH FOR FINANCIAL ACCOUNTING AND REPORTING PURPOSES AND ARE INCLUDED WITH GIFTS OF PRESERVATION PROPERTIES. PURCHASED CONSERVATION EASEMENTS ARE ALSO VALUED AT ONE DOLLAR EACH AND THE COST OF THE EASEMENTS ARE REPORTED AS A PROGRAM EXPENSE. CONSERVATION EASEMENT ACQUISITION, MONITORING, AND INSPECTION EXPENSES ARE REPORTED AS PROGRAM EXPENSES. PART X, LINE 2: THE LAND TRUST QUALIFIES AS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED THE LAND TRUST'S TAX POSITION AND CONCLUDED THAT THE LAND TRUST HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO OR DISCLOSURES IN THE FINANCIAL STATEMENTS. THE LAND TRUST'S 2015 THROUGH 2017 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL, STATE OR LOCAL TAX AUTHORITIES. SUMMER SOCIAL EVENT 424464 389904 34560 41870 30846 530 424464 389904 34560 41870 30846 530 73246 -38686 X 3 61458 MARKET PRICE. X 4 3055001 EASEMENTS=$1, FEE=FMV. 0 1 0 PART I, LINE 33: THE ORGANIZATION RECEIVED 1 CONSERVATION EASEMENT AND 5 FEE GIFTS DURING 2017. THE ORGANIZATION HAS A POLICY OF RECORDING CONSERVATION EASEMENTS AT ONE DOLLAR ($1) CONSIDERING THAT THEY HAVE NO INDEPENDENT MARKET VALUE. LINE 31 - THE ORGANIZATION HAS CONSERVATION EASEMENT AND LAND GIFT ACCEPTANCE POLICIES AS WELL AS A GIFT ACCEPTANCE POLICY FOR ALL OTHER CASH AND NON CASH GIFTS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOCUMENTS ALL COMMITTEE MEETINGS WITH WRITTEN MINUTES OR WRITTEN ACTIONS. NO COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, TREASURER, AND PRESIDENT ON BEHALF OF THE BOARD OF DIRECTORS PRIOR TO FILING ALL BOARD MEMBERS ARE PROVIDED A COPY OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S BYLAWS REQUIRE THAT EACH INTEREST PERSON (AS DEFINED IN THE BYLAWS) SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT THE PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AGREES TO COMPLY, HAS COMPLIED AND IS IN COMPLIANCE WITH THE POLICY, WILL DISCLOSE TO THE BOARD OF DIRECTORS THE EXISTANCE OF FINANCIAL INTEREST IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AND UNDERSTANDS THAT THE ORGANIZATION IS A CHARITABLE ORGANIZATION AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE SOLELY IN ACTIVITIES WHICH ACCOMPLISH ITS TAX-EXEMPT PURPOSE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION OF THE EXECUTIVE DIRECTOR THROUGH ITS BUDGETARY PROCESS IN CONSIDERING COMPENSATION THE BOARD EXAMINES INFORMATION OBTAINED FROM OTHER SIMILAR ENTITIES. THE BOARD MINUTES PROVIDE CONTEMPORANEOUS SUBSTANTIATION OF THE BOARD'S DECISION. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XII, LINE 2C: NO CHANGES FROM PRIOR YEAR.