2018-09-18T13:11:53-05:00 2018-06-30 560572048 COSTELLO HILL & COMPANY LLP 1112 MAGNOLIA STREET GREENSBORO NC 274011426 990 2017-07-01 561704433 PIEDMONT LAND CONSERVANCY PIED 3366910088 P O BOX 4025 GREENSBORO NC 27404 KATHY L HOMILLER TREASURER 3366267658 2018-09-05 1 W GREGORY ASHLEY P00297931 3362743281 70.63.231.34 2018-09-05 15:15:28 ED P 42A5CA73B00E4F78C65667FE0B4FDC649B1A3935 B93AED064332B5EB31786BA5F3B8DF0A99F6BC46 2017 2018-06-14 16:35:46Z KEVIN REDDING 1515 W CORNWALLIS DRIVE GREENSBORO NC 27408 5991321 0 X WWW.PIEDMONTLAND.ORG X 1990 NC THE MISSION OF PIEDMONT LAND CONSERVANCY IS TO PROTECT NATURAL AND SCENIC LANDS, FARMS, AND GREEN SPACE IN PIEDMONT NORTH CAROLINA TO ENRICH THE QUALITY OF LIFE FOR OUR COMMUNITIES AND FOR FUTURE GENERATIONS. ITS GOALS ARE TO CONSERVE, ACQUIRE, AND MANAGE NATURAL AREAS IN PIEDMONT NOTRTH CAROLINA; TO PROTECT ENDANGERED OR SIGNIFICANT NATURAL SPECIES OF FLORA AND FAUNA; TO PRESERVE AREAS WITH SIGNIFICANT TOPOGRAPHICAL FEATURES; TO MAINTAIN THE BIOLOGICAL DIVERSITY AND ECOLOGICAL INTEGRITY OF THE BIOREGION, INCLUDING ITS AIR AND WATER QUALITY; TO PRESERVE THE RURAL AND CULTURAL HERITAGE OF THE REGION;TO FULFILL THE HUMAN NEED FOR SCENIC LAND AND OPEN SPACE; TO PROVIDE OPPORTUNITIES FOR LEARNING FROM AND ENJOYING THE NATURAL WORLD; AND TO ENHANCE AND BETTER OUR COMMUNITIES. 20 20 10 125 0 0 2049846 5623317 47544 97611 561591 183954 64492 49035 2723473 5953917 0 0 0 0 500210 597312 0 36424 229555 3214674 3810361 3714884 4444097 -991411 1509820 14779922 16400371 32660 42458 14747262 16357913 THE MISSION OF PIEDMONT LAND CONSERVANCY IS TO PROTECT NATURAL AND SCENIC LANDS, FARMS, AND GREEN SPACE IN PIEDMONT NORTH CAROLINA TO ENRICH THE QUALITY OF LIFE FOR OUR COMMUNITIES AND FOR FUTURE GENERATIONS. 0 0 3806603 LAND PROTECTION PROJECTS - DURING 2018, PIEDMONT LAND CONSERVANCY PLACED 808 ACRES OF PROPERTY UNDER PERMANENT CONSERVATION EASEMENTS, ACQUIRED 217 ACRES OF PROPERTY AT A COST OF $731,264, TRANSFERRED 24 ACRES OF HISTORICAL PROPERTY THAT IT HAD ACQUIRED IN PREVIOUS YEARS TO THE STATE OF NORTH CAROLINA. IT ALSO PURCHASED 1068 ACRES OF PROPERTY WHICH WAS THEN TRANSFERRED TO THE STATE OF NORTH CAROLINA TO BE INCLUDED IN WILDLIFE RESOURCES COMMISSION GAMELANDS. IT ALSO BEGAN WORK ON SEVERAL OTHER PROJECTS THAT ARE EXPECTED TO RESULT IN PROPERTY PROTECTED IN FISCAL 2019. 145014 PUBLIC EDUCATION - PIEDMONT LAND CONSERVANCY CONDUCTED SEVERAL COMMUNITY EVENTS DESIGNED TO INCREASE PUBLIC AWARENESS OF THE CRITICAL NEED TO PRESERVE OPEN SPACES AND FARMLAND IN THE RAPIDLY-DEVELOPING PIEDMONT AREA OF NORTH CAROLINA. THESE EVENTS INCLUDED OPEN HOUSES AND CLEAN-UP SESSIONS OF PROTECTED PROPERTIES, VISITS TO SCHOOLS, PRESENTATIONS TO CIVIC CLUBS AND CHURCH GROUPS, AND OTHER MEANS OF INCREASING AWARENESS OF THE NEED FOR LAND PRESERVATION. 185406 53245 LAND STEWARDSHIP - MOST OF THE LAND PROTECTION PROJECTS OF THE ORGANIZATION CARRY A PERPETUAL STEWARDSHIP OBLIGATION. PIEDMONT LAND CONSERVANCY IS CHARGED WITH MONITORING THE USE OF PROPERTY UNDER CONSERVATION EASEMENTS. IN FULFILLING THIS RESPONSIBILITY, AGENCY PERSONNEL VISIT ALL PROTECTED PROPERTIES AT LEAST ONCE ANNUALLY TO OBSERVE THE PROPERTY FOR APPROPRIATE USES UNDER THE EASEMENT OR PURCHASE AGREEMENTS. 4137023 1 1 0 0 0 0 1 0 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 1 18 0 10 1 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X KEVIN REDDING 3366910088 1515 W CORNWALLIS DRIVE GREENSBORO NC 27408 STEPHEN EARP DIRECTOR 1.00 X 0 0 0 D SAM THOMPSON DIRECTOR 1.00 X 0 0 0 DAVID DUFF DIRECTOR 1.00 X 0 0 0 FRANKIE T JONES JR DIRECTOR 1.00 X 0 0 0 SHANE SHULER DIRECTOR 1.00 X 0 0 0 KATHERINE L HOMILLER DIRECTOR, TREASURER 3.00 X X 0 0 0 MICHAEL R HOUGH DIRECTOR 1.00 X 0 0 0 N JANE ISELEY DIRECTOR 1.00 X 0 0 0 JOE PHAGAN DIRECTOR 1.00 X 0 0 0 DAVID COUCH DIRECTOR 1.00 X 0 0 0 FRED BERRY DIRECTOR, VICE PRESIDENT 3.00 X X 0 0 0 MARY JOAN PUGH DIRECTOR, PRESIDENT 3.00 X X 0 0 0 JERI ROWE DIRECTOR 1.00 X 0 0 0 WILL TRUSLOW DIRECTOR 1.00 X 0 0 0 CHRIS WAGNER DIRECTOR 1.00 X 0 0 0 MARCUS MOXLEY DIRECTOR, SECRETARY 3.00 X X 0 0 0 DOUG CANAVELLO DIRECTOR 1.00 X 0 0 0 ANDREA MOORE DIRECTOR 1.00 X 0 0 0 MATT PERRY DIRECTOR 1.00 X 0 0 0 STEVE TATE DIRECTOR 1.00 X 0 0 0 KEVIN REDDING EXECUTIVE DIRECTOR 40.00 X 99000 0 8860 99000 0 8860 0 0 0 0 0 9336 3216587 2397394 49648 5623317 MONITORING OF PROTECTE 531390 97611 97611 97611 183954 183954 12438 472 11966 11966 11966 72775 36932 35843 35843 MISCELLANEOUS 531390 1226 1226 1226 5953917 98837 0 231763 99000 87754 10197 1049 392590 308805 23286 60499 15859 12735 1091 2033 51981 41894 3547 6540 37882 30541 2583 4758 39961 39961 19904 15378 1525 3001 36424 36424 102740 99435 2634 671 4507 3497 528 482 40333 31162 3090 6081 18056 16481 202 1373 5766 5546 74 146 6316 4880 484 952 LAND PROJECTS 3388999 3378179 3579 7241 CAPITAL CAMPAIGN 88775 88775 EQUIPMENT MAINTENANCE 18629 17437 1892 -700 MISCELLANEOUS 18625 12250 2093 4282 57750 31088 20714 5948 4444097 4137023 77519 229555 258822 353882 1004747 30817 103965 24120 17933 68736 50821 16827 17915 4037474 3860466 10411862 11041463 14779922 16400371 32660 42458 32660 42458 X 10408564 10830817 1183145 2254505 3155553 3272591 14747262 16357913 14779922 16400371 1509820 100831 0 X X 0 1 X 1 0 X 2258663 1713937 2149956 2049846 5623317 13795719 2258663 1713937 2149956 2049846 5623317 13795719 3633264 10162455 106122 139863 216196 229996 195920 888097 15283 9617 16689 5703 1226 48518 14732334 43485 0.68980 0.93430 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2013 AMOUNT: $ 15,283. 2014 AMOUNT: $ 9,617. 2015 AMOUNT: $ 16,689. 2016 AMOUNT: $ 5,703. 2017 AMOUNT: $ 1,226. X X X X 95 14082.00 1 1 1 1673.00 185406 1 2477462 37732 190205 80050 30852 2594497 1807187 497690 269082 72527 23970 2477462 1953725 27552 -81513 70030 22547 1807187 1916118 84762 40479 64030 23604 1953725 1617259 87665 295022 59743 24085 1916118 1.00000 1 0 68736 50821 17915 17915 BENEFICIAL INTEREST IN TRUSTS 2594497 CONSERVATION EASEMENTS 94 PROTECTED LAND 8397344 CELL TOWER LEASE RIGHTS 49528 11041463 6055220 100831 472 101303 5953917 0 5953917 4444569 472 472 4444097 0 4444097 PART II, LINE 3: MODIFIED ONE EASEMENT ON 70 ACRES OF FARMLAND TO REMOVE A PERMITTED TWO-ACRE SUBDIVISION EXCLUSIVELY FOR RESIDENTIAL USE IN FAVOR OF A MORE EQUAL DIVISION OF THE PROPERTY BETTER SUITED FOR AGRICULTURAL USE. THIS MODIFICATION IS CONSISTENT WITH THE ORIGINAL DONOR'S INTENT TO ALLOW HIS TWO GRANDSONS TO DIVIDE THE PROPERTY AND CONTINUE FARMING BY CREATING TWO PARCELS THAT CAN SUSTAIN AGRICULTURAL OPERATIONS INSTEAD OF ONE THAT WOULD BE USED FOR RESIDENTIAL PURPOSES ONLY. THIS MODIFICATION IS CONSISTENT WITH PIEDMONT LAND CONSERVANCY'S POLICY THAT ANY MODIFICATION NOT RESULT IN PRIVATE INUREMENT OR IMPERMISSIBLE PRIVATE BENEFIT AND THAT IT HAVE A NET BENEFICIAL OR NEUTRAL EFFECT ON THE CONSERVATION VALUES PROTECTED BY THE CONSERVATION EASEMENT. PART II, LINE 9: CONSERVATION EASEMENTS HELD BY PIEDMONT LAND CONSERVANCY ARE REPORTED ON THE FINANCIAL STATEMENTS AT A NOMINAL VALUE OF $1 PER EASEMENT. THE ORGANIZATION FEELS THAT EASEMENTS DO NOT MEET THE DEFINITION OF AN ASSET AS DEFINED IN CONCEPT STATEMENT 6 OF THE FASB AND THEREFORE SHOULD NOT BE VALUED AT ANY SUBSTANTIVE AMOUNT ON THE BALANCE SHEET. WHEN AN EASEMENT IS PURCHASED, THE PURCHASE PRICE IN EXCESS OF $1 IS CHARGED TO LAND PROJECTS EXPENSE. PART V, LINE 4: TO PROVIDE PERPETUAL FUNDING FOR STEWARDSHIP REQUIREMENTS ON LAND AND EASEMENTS CONTROLLED BY THE ORGANIZATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 472. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 472. X X X X X X 1 CAPITAL DEVELOPMENT SERVICES 915 WEST FOURTH STREET SUITE 100 WINSTONSALEM NC 27101 CAPITAL CAMPAIGN CONSULTING AND MANAGEMENT 0 1172610 94414 1078196 1172610 94414 1078196 NC LAND JAM BLUEGRASS MUSIC EVENT 59517 59517 4402 1833 25453 163 OTHER EVENTS 13258 13258 5081 72775 72775 4402 1833 25453 5244 36932 35843 X 4 4 NOMINAL $1 PER EASEMENT 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE MEETS WITH THE ORGANIZATION'S OUTSIDE AUDITOR EACH YEAR TO REVIEW THE DRAFT FINANCIAL STATEMENTS AND FORM 990. A DRAFT OF THE FORM IS CIRCULATED TO EACH FINANCE COMMITTEE MEMBER PRIOR TO THE MEETING AND ANY QUESTIONS ARE ADDRESSED AT THE MEETING. CHANGES ARE INCORPORATED INTO THE FINAL VERSION OF FORM 990. AFTER THE FINANCE COMMITTEE APPROVES THE 990, IT IS CIRCULATED TO THE ENTIRE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD PRESIDENT AND EXECUTIVE DIRECTOR ARE CHARGED WITH MONITORING FOR CONFLICTS. IN ADDITION, ALL BOARD MEMBERS ARE RESPONSIBLE FOR DISCLOSING ANY POTENTIAL CONFLICTS AT THE BEGINNING OF EACH BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE IS CHARGED WITH EVALUATING THE EXECUTIVE DIRECTOR'S PERFORMANCE AND MAKING A RECOMMENDATION TO THE BOARD OF DIRECTORS FOR ANY CHANGES IN THE EXECUTIVE DIRECTOR'S COMPENSATION. THE COMMITTEE GATHERS COMPARABLES FROM OTHER LAND TRUSTS AND SIMILAR-SIZED NONPROFIT ORGANIZATIONS WITHIN THE GEOGRAPHIC REGION. FORM 990, PART VI, SECTION C, LINE 19 PIEDMONT LAND CONSERVANCY'S FINANCIAL STATEMENTS, BYLAWS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, QUESTION 2B THE FINANCE COMMITTEE OF THE ORGANIZATION IS RESPONSIBLE FOR THE AUDIT AND MEETS WITH THE AUDITOR EACH YEAR TO REVIEW THE FINANCIAL STATEMENTS AND AUDIT RESULTS. FRIENDSHIP GARDEN LLC 1515 WEST CORNWALLIS DRIVE GREENSBORO NC 274086338 475482860 OWNS AND MANAGES THE EMILY ALLEN WILDFLOWER PRESERVE NC 4000 313475 PIEDMONT LAND CONSERVANCY