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MONROE PARK CONSERVANCY: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
MONROE PARK CONSERVANCY (EIN 38-3840559)
Tax period
2017-07-01 to 2018-06-30
Filed
2018-11-04
IRS object ID
201833089349300558
Schema version
2017v2.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-11-04T11:40:49-06:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN541216800PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LANE & ASSOCIATES PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12839 HATHAWAY ROADAddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23225ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN383840559EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MONROE PARK CONSERVANCYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMONRBusinessNameControlTxt
Phone8047888408PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1P O BOX 25926AddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23260ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALICE MCGUIRE MASSIEPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8045163233PhoneNum
Signature2018-11-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMEDA S LANEPreparerPersonNm
PTINP00361884PTIN
Phone8042727421PhoneNum
Preparation2018-10-23PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address96.238.186.168IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-11-04IPDt
IP Tm12:38:29IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdBDEABF187265067C77F3F668B7514CFF998F3F5AAtSubmissionCreationDeviceId
At Submission Filing Device Id74E87EEDD3946D55647E746B8D87D0251489072AAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2018-06-14 16:35:46ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerALICE MCGUIRE MASSIEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1P O BOX 25926AddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23260ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$484,175GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MONROEPARK.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionRAISING PRIVATE SECTOR FUNDS TO RENOVATE AND HELP MANAGE A PUBLIC PARK OWNED BY THE CITY OF RICHMOND, VIRGINIA.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,418,768PYContributionsGrantsAmt
CY Contributions Grants$454,669CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$465PYInvestmentIncomeAmt
CY Investment Income-$480CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,419,233PYTotalRevenueAmt
CY Total Revenue$454,189CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$12,500PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$7,500CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$9,900CYTotalFundraisingExpenseAmt
PY Other Expenses$3,081,720PYOtherExpensesAmt
CY Other Expenses$302,146CYOtherExpensesAmt
PY Total Expenses$3,094,220PYTotalExpensesAmt
CY Total Expenses$309,646CYTotalExpensesAmt
PY Revenues Less Expenses-$1,674,987PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$144,543CYRevenuesLessExpensesAmt
Total Assets BOY$1,098,728TotalAssetsBOYAmt
Total Assets EOY$1,133,006TotalAssetsEOYAmt
Total Liabilities BOY$1,295,107TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,184,842TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$196,379NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$51,836NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MONROE PARK CONSERVANCY WAS FORMED TO RAISE MONEY TO RESTORE HISTORIC MONROE PARK IN RICHMOND, VIRGINIA. THIS IS A PUBLIC AND PRIVATE PARTNERSHIP WITH THE CITY OF RICHMOND AND VIRGINIA COMMONWEALTH UNIVERSITY. AS OF 6/30/18 CONSTRUCTION ON THE PARK IS CLOSE TO COMPLETION AND THE PARK IS SCHEDULED TO OPEN SEPTEMBER 2018.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$231,474ExpenseAmt
DescTHE RENOVATION OF MONROE PARK, RICHMOND, VIRGINIADesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescNOT APPLICABLEDesc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescNOT APPLICABLEDesc
FieldValueIRS element (for citing)
Total Program Service Expenses$231,474TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer EntYes (1)BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LANE & ASSOCIATESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8042727421PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12839 HATHAWAY ROADAddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23225ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ALICE MCGUIRE MASSIE
PRESIDENT; DIRECTOR30.00Yes (X)Yes (X)$0$0$0
JOHN W BATES III
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
MATTHEW STANLEY
TREASURER1.00Yes (X)Yes (X)$0$0$0
JAMES C HILL
SECRETARY1.00Yes (X)Yes (X)$0$0$0
CATHERINE W HOWARD
DIRECTOR0.25Yes (X)$0$0$0
LINCOLN SAUNDERS
DIRECTOR0.25Yes (X)$0$0$0
SAMUEL C HAISLEY
DIRECTOR0.25Yes (X)$0$0$0
BRIAN D SHAW
DIRECTOR0.25Yes (X)$0$0$0
KIM GRAY
DIRECTOR0.25Yes (X)$0$0$0
ROY GRIER
DIRECTOR0.25Yes (X)$0$0$0
CHRISTOPHER FRELKE
DIRECTOR0.50Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$454,669AllOtherContributionsAmt
Noncash Contributions$14,644NoncashContributionsAmt
Total Contributions$454,669TotalContributionsAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$29,506SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$29,986SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$480SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$480TotalRevenueColumnAmt
Exclusion-$480ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$454,189TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$480ExclusionAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$156TotalAmt
Management And General$156ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$16,000TotalAmt
Management And General$16,000ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$7,500TotalAmt
Fundraising$7,500FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$7,144TotalAmt
Program Services$7,144ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,222TotalAmt
Management And General$4,822ManagementAndGeneralAmt
Fundraising$2,400FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,168TotalAmt
Management And General$3,168ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$42,116TotalAmt
Management And General$42,116ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,010TotalAmt
Management And General$2,010ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescPHASE ONE CONSTRUCTIONDesc
Total$224,330TotalAmt
Program Services$224,330ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$309,646TotalAmt
Program Services$231,474ProgramServicesAmt
Management And General$68,272ManagementAndGeneralAmt
Fundraising$9,900FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$352,228BOYAmt
EOY$371,484EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$746,500BOYAmt
EOY$724,572EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$36,950LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$36,950EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,098,728BOYAmt
EOY$1,133,006EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$151,724BOYAmt
EOY$93,066EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$1,140,305BOYAmt
EOY$1,088,055EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,078BOYAmt
EOY$3,721EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,295,107BOYAmt
EOY$1,184,842EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$942,879BOYAmt
EOY-$812,041EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$746,500BOYAmt
EOY$760,205EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$196,379BOYAmt
EOY-$51,836EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,098,728BOYAmt
EOY$1,133,006EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$144,543ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$124,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$256,616CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,271,616CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,418,769CurrentTaxYearMinus1YearAmt
Current Tax Year$454,669CurrentTaxYearAmt
Total$3,525,670TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$124,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$256,616CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,271,616CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,418,769CurrentTaxYearMinus1YearAmt
Current Tax Year$454,669CurrentTaxYearAmt
Total$3,525,670TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$84,488SubstantialContributorsTotAmt
Public Support Total170$3,441,182PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$110CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,501CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$771CurrentTaxYearMinus1YearAmt
Total$5,382TotalAmt
FieldValueIRS element (for citing)
Total Support$3,531,052TotalSupportAmt
Public Support CY1700.97450PublicSupportCY170Pct
Public Support PY1700.96710PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$36,950OtherCostOrOtherBasisAmt
Book Value$36,950BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$36,950TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescACCRUED INTEREST PAYABLEDesc
Amt$3,721Amt
FieldValueIRS element (for citing)
Total Liability$3,721TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$454,669TotalRevEtcAuditedFinclStmtAmt
Other Revenue$480OtherRevenueAmt
Revenue Not Reported$480RevenueNotReportedAmt
Revenue Subtotal$454,189RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$454,189TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$310,126TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$480OtherExpensesIncludedAmt
Expenses Not Reported$480ExpensesNotReportedAmt
Expenses Subtotal$309,646ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$309,646TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
Explanation"THE ORGANIZATION FOLLOWS FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED THE EFFECTS OF ACCOUNTING GUIDANCE RELATED TO UNCERTAIN TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD NO SIGNIFICANT FINANCIAL STATEMENT EXPOSURE TO UNCERTAIN TAX POSITIONS AT JUNE 30, 2017. THE ORGANIZATION IS NOT CURRENTLY UNDER AUDIT BY ANY TAX JURISDICTION."ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SEE STATEMENTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship DescriptionSEE STATEMENT.RelationshipDescriptionTxt
TransactionIN ACCORDANCE WITH ITS ARTICLES OF INCORPORATION, THE CONSERVANCY IS REQUIRED TO HAVE AT LEAST TWO DIRECTORS EACH NOMINATED BY THE MAYOR OF THE CITY OF RICHMOND AND THE PRESIDENT OF VIRGINIA COMMONWEALTH OF VIRGINIA. THUS, OFFICERS OF BOTH ORGANIZATIONS (OR PERSONS WHO HOLD SIGNIFICANT POSITIONS) SERVE ON THE CONSERVANCY'S BOARD. IN ITS FISCAL YEAR ENDED JUNE 30, 2014, THE CONSERVANCY ENTERED INTO A LONG TERM AGREEMENT AND DEED OF LEASE WITH THE CITY OF RICHMOND PERTAINING TO THE RESTORATION OF MONROE PARK AND ONGOING MANAGEMENT AND OVERSIGHT OF THE OPERATION OF THE PARK FOLLOWING ITS RESTORATION. THE LEASE IS FOR $1 PER YEAR AND IS DUE UPON COMPLETION OF PHASE 1 OF THE RESTORATION. LIKEWISE, IN THE SAME YEAR IT ALSO ENTERED INTO AN OPERATING AGREEMENT WITH VIRGINIA COMMONWEALTH UNIVERSITY UNDER WHICH THE UNIVERSITY AGREES TO PROVIDE VARIOUS MAINTENANCE AND OTHER SERVICES TO THE CONSERVANCY AT NO COST. THESE ARRANGEMENTS ARE ONGOING.TransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$29,986NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescPROFESSIONAL SERVICESDesc
Contribution2ContributionCnt
Noncash Contributions Rpt F990$14,644NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1THE CONSERVANCY'S BY-LAWS AUTHORIZE ITS EXECUTIVE COMMITTEE TO TAKE ANY ACTIONS THE BOARD CAN TAKE WHEN THE BOARD IS NOT IN SESSION. ALL MEMBERS OF THE EXECUTIVE COMMITTEE, INCLUDING THE PRESIDENT, TREASURER AND SECRETARY, AND A NOMINEE OF THE MAYOR OF THE CITY OF RICHMOND, WERE MEMBERS OF THE BOARD AT THE END OF THE CONSERVANCY'S FISCAL YEAR.
FORM 990, PART VI, SECTION A, LINE 2BUSINESS RELATIONSHIPS. THE CONSERVANCY'S BY-LAWS REQUIRE THAT TWO DIRECTORS ARE NOMINEES OF THE CITY OF RICHMOND, VIRGINIA, AND VIRGINIA COMMONWEALTH UNIVERSITY. BOTH ARE INSTRUMENTALITIES OF THE COMMONWEALTH OF VIRGINIA. AT THE END OF THE CONSERVANCY'S FISCAL YEAR, TWO MEMBERS OF THE BOARD WERE EMPLOYED BY VIRGINIA COMMONWEALTH UNIVERSITY AND THREE BY THE CITY OF RICHMOND.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 WAS SENT AND REVIEWED BY THE BOARD PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CEACH OFFICER AND DIRECTOR IS REQUIRED TO SIGN AN ANNUAL STATEMENT THAT HE OR SHE HAS RECEIVED, READ, AND UNDERSTANDS AND AGREES TO COMPLY WITH THE POLICY. WHEN A POTENTIAL CONFLICT IS PRESENTED, AN INDEPENDENT COMMITTEE OF THE BOARD IS APPOINTED BY THE PRESIDENT TO CONSIDER AND APPROVE OR NOT APPROVE THE TRANSACTION. WRITTEN RECORDS ARE KEPT OF ANY SUCH DELIBERATIONS.
FORM 990, PART VI, SECTION C, LINE 19IT IS OUR POLICY TO DISCLOSE OR MAKE AVAILABLE INFORMATION REQUIRED TO BE DISCLOSED UPON REQUEST, OTHER THAN CONFIDENTIAL DONOR INFORMATION.
FORM 990, PART XII, LINE 2C:THE FINANCIAL STATEMENTS WERE AUDITED BY THE PUBLIC ACCOUNTING FIRM- KEITER, RICHMOND, VIRGINIA FOR THE YEAR ENDING JUNE 30, 2018.

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