2017-11-14T17:47:05-06:00 2016-12-31 930954337 TALBOT KORVOLA & WARWICK LLP 4800 MEADOWS RD STE 200 LAKE OSWEGO OR 970354293 990 2016-01-01 911937645 VANCOUVER NATIONAL HISTORIC RESERVE TRUST VANC 3609921805 750 ANDERSON ST VANCOUVER WA 986613855 MICHAEL TRUE PRESIDENT 3609921800 2017-11-14 1 JASON R ORME P00295966 5032742849 X 66.195.36.8 2017-11-14 09:22:14 PS P 9D48FC361EACBC0E4B9DF1877AAE4EE62D1F72FD FD428F235807D6E43F50F59CCACBECE08A2C6F84 2016 2017-02-10 21:41:12Z THE HISTORIC TRUST MICHAEL TRUE 750 ANDERSON ST VANCOUVER WA 986613855 4199145 0 X WWW.THEHISTORICTRUST.ORG X 1998 WA THE TRUST INSPIRES CIVIC PRIDE AND ECONOMIC VITALITY THROUGH EDUCATION, PRESERVATION AND CELEBRATION OF OUR COMMUNITY'S HISTORY. 21 17 25 300 0 0 1522946 464813 3341704 3487950 204802 65445 15242 67017 5084694 4085225 6450 12025 0 0 1553122 1633110 46381 0 140706 2311468 2260315 3917421 3905450 1167273 179775 15087812 14838173 6158701 5668903 8929111 9169270 X TO INSPIRE CIVIC PRIDE AND ECONOMIC VITALITY THROUGH EDUCATION, PRESERVATION AND CELEBRATION OF OUR HISTORY. 0 0 476504 12025 568963 CELEBRATE FREEDOM PROGRAMS:THE TRUST COORDINATES AND PRODUCES THE CELEBRATE FREEDOM PROGRAMS THAT INCLUDE EDUCATIONAL, INTERPRETIVE AND ENTERTAINMENT ACTIVITIES TO ENGAGE THE COMMUNITY ON THE HISTORIC SITE AND EDUCATE VISITORS ON OUR RICH HISTORY. THESE PROGRAMS INCLUDE THE GENERAL GEORGE C. MARSHALL PUBLIC AND YOUTH LEADERSHIP AWARD PROGRAMS, GENERAL GEORGE C. MARSHALL LECTURE SERIES, FLAG DAY, INDEPENDENCE DAY AND VETERANS PARADE AT FORT VANCOUVER.THE GENERAL GEORGE C. MARSHALL PUBLIC AND YOUTH LEADERSHIP AWARD PROGRAMS HONORED AN ADULT AND A SENIOR HIGH SCHOOL STUDENT FOR THEIR COMMITMENT TO PUBLIC SERVICE AND DEMONSTRATED LEADERSHIP POTENTIAL. CELEBRATING ITS 53RD YEAR, INDEPENDENCE DAY AT FORT VANCOUVER SHOWCASED LOCAL MUSICAL TALENT, FOOD VENDORS, ARTS AND CRAFT VENDORS, ACTIVITIES FOR KIDS AND FAMILIES AND HISTORIC TOURS AND ACTIVITIES FOR ALL AGES. OVER 400 VOLUNTEERS AND 20 SPONSORS HELPED IN THE PRODUCTION AND EXECUTION OF THIS IMPORTANT COMMUNITY EVENT AND WERE JOINED BY OVER 35,000 INDIVIDUALS IN ATTENDANCE. 232918 185128 AVIATION EDUCATION PROGRAMS:THE TRUST'S AVIATION EDUCATION PROGRAMS INVOLVE HANDS ON ACTIVITIES THAT ARE TAUGHT BY PROFESSIONAL EDUCATORS AND TRAINED VOLUNTEERS WITH EXTENSIVE BACKGROUNDS IN EDUCATION AND AVIATION. THE PROGRAMS INCLUDE MULTIPLE AVIATION SUMMER CAMPS, AN ANNUAL AVIATION EDUCATION RESOURCE FAIR, YOUNG EAGLES PROGRAM, FLIGHT SIMULATOR LAB INSTRUCTION, AERO MODELING, OPEN COCKPIT VISITS IN A VARIETY OF AIRCRAFT, AND THE EDUCATION ON THE RICH HISTORY OF THE PEARSON AIR FIELD, FIRST AIRPORT IN THE PACIFIC NORTHWEST, AND ONE OF THE OLDEST OPERATING AIRFIELDS IN THE COUNTRY. THE TRUST OPERATES THE PEARSON FIELD EDUCATION CENTER (PFEC) AND PARTICIPATES IN OUTREACH PROGRAMS WITH SCHOOLS AND PROGRAMS SUCH AS MESA (MATH, ENGINEERING, SCIENCE ACHIEVEMENTS), CAREER AND COLLEGE FAIRS, VOLUNTEER FAIRS, AVIATION DAY WITH ALASKA AIRLINES, THE ROSE FESTIVAL GRAND FLORAL PARADE, THE WASHINGTON STATE SCHOOL FOR THE DEAF, DE LA SALLE NORTH, SCIENCE FAIRS, GIRL FEST PROGRAM BY THE GIRL SCOUTS OF AMERICA, BOY SCOUTS OF AMERICA, THE BOYS AND GIRLS CLUB, DREAM OREGON, IURBAN, WASHINGTON STATE UNIVERSITY VANCOUVER, CLARK COLLEGE, AIR SCIENCE KIDS, AMERICAN HERITAGE GIRLS, DRUG REHABILITATION PROGRAMS WITH DAYBREAK YOUTH SERVICES, AND IS THE CORNERSTONE OF THE CLARK COUNTY SKILLS CENTER AVIATION PROGRAM. THE EDUCATION CENTER IS ALSO OPEN TO THE PUBLIC AND FACILITATES SCHOOL GROUP TOURS DURING THE WEEKDAY FOR STUDENTS. 2087799 2263144 MASTER LEASE OF CITY OF VANCOUVER PROPERTY: THE TRUST HOLDS A LONG TERM LEASE OF OFFICERS ROW AND THE WEST VANCOUVER BARRACKS FROM THE CITY OF VANCOUVER WHERE THE TRUST IS RESPONSIBLE FOR THE LEASING, MAINTENANCE AND PRESERVATION OF THE HISTORIC STRUCTURES. THE TRUST LEASES APPROXIMATELY 150,000 SQUARE FEET OF SPACE TO TENANTS WITH ADDITIONAL PUBLIC SPACES FOR EDUCATION, INTERPRETATION AND EVENT RENTAL VENUES. PUBLIC USE BUILDINGS AND EVENT VENUES INCLUDE THE HOWARD HOUSE, MARSHALL HOUSE, GRANT HOUSE, RED CROSS BUILDING AND THE ARTILLERY BARRACKS BUILDING. THESE LOCATIONS SERVE A VARIETY OF EVENTS THROUGHOUT THE YEAR INCLUDING WEDDINGS, BUSINESS MEETINGS, FUNDRAISERS, SEMINARS AND CONFERENCES FOR A VARIETY OF USERS WHO GET TO EXPERIENCE THE HISTORY AND THE HISTORIC SITE. THE TRUST IS IN THE PLANNING STAGES FOR THE RENOVATION OF AN ADDITIONAL 80,000 SQUARE FEET OF BUILDINGS IN THE WEST VANCOUVER BARRACKS. EXPENSES LISTED ABOVE INCLUDE OPERATING EXPENSES, MASTER LEASE EXPENSES, TRANSFERS OUT AND CAPITAL FUND EXPENSES.IF THERE IS NET REVENUE REMAINING FROM OPERATIONS AFTER THE APPLICATION OF THE PAYMENT TO THE TRUST FOR GENERAL MANAGMENT AND ADMINISTRATIVE COSTS THEN 60% OF THE AMOUNT SHALL BE PAID INTO A CAPITAL FUND HELD BY THE CITY AND 40% SHALL BE DEPOSITED INTO A DEVELOPMENT FUND TO BE HELD BY THE TRUST. THE TRUST IS RESPONSIBLE FOR REPAIR AND MAINTENANCE OF THE PREMISES. FUNDING FOR PROJECTS FOR CAPITAL IMPROVEMENTS SHALL BE MADE FROM THE CAPITAL FUND. THE PURPOSE OF THE DEVELOPMENT FUND IS TO MAKE RESOURCES AVAILABLE TO FUND ACTIVITIES NECESSARY TO THE CONTINUED DEVELOPMENT OF THE RESERVE, WITH PRIORTY GIVEN TO THE PREMISES. FUNDS ALLOCATED TO THE DEVELOPMENT FUND FOR THE YEAR ENDED DECEMBER 31, 2016 WERE $1,220,368. 761419 761419 3558640 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 0 1 25 0 1 25 1 0 0 0 0 0 1 1 0 0 0 0 X 21 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA OR X X X MICHELLE HOWELL CONTROLLER 3609921813 750 ANDERSON ST VANCOUVER WA 98661 BRAD CARLSON TREASURER 1.00 X X 0 0 0 ERIC FULLER TRUSTEE 1.00 X 0 0 0 GEORGE BRYANT TRUSTEE 1.00 X 0 0 0 JOHN DEEDER TRUSTEE 1.00 X 0 0 0 KIM CAPELOTO TRUSTEE 1.00 X 0 0 0 LINDA GLOVER SECRETARY 1.00 X X 0 0 0 MARY MEYERS TRUSTEE 1.00 X 0 0 0 MICHAEL L WILLIAMS TRUSTEE 1.00 X 0 0 0 PAUL CHRISTENSEN TRUSTEE 1.00 X 0 0 0 RICHARD KELLER II TRUSTEE 1.00 X 0 0 0 ROD COOK TRUSTEE 1.00 X 0 0 0 PAUL SPEER TRUSTEE 1.00 X 0 0 0 SCOTT CAMPBELL TRUSTEE 1.00 X 0 0 0 STACEY GRAHAM VICE CHAIR 1.00 X X 0 0 0 STEVE HORENSTEIN BOARD CHAIR 1.00 X X 0 0 0 TWILA BARNES TRUSTEE 1.00 X 0 0 0 RON FREDRIKSEN TRUSTEE 1.00 X 0 0 0 MICHAEL GOODRICH TRUSTEE 1.00 X 0 0 0 BRUCE HAGENSEN TRUSTEE 1.00 X 0 0 0 BECKY WEIS TRUSTEE 1.00 X 0 0 0 TOM MAGINNIS TRUSTEE 1.00 X 0 0 0 JAN BADER EX-OFFICIO VOTING 1.00 X 0 0 0 MIKE TRUE PRESIDENT 40.00 X 130956 0 20880 130956 0 20880 1 0 1 0 CITY OF VANCOUVER PO BOX 8995 VANCOUVER WA 98668 MASTER LEASE PAYMENTS, BOND PRINCIPAL AN 1007885 DISTINCTIVE LANDSCAPING 16620 NE 72ND AVE VANCOUVER WA 98686 LANDSCAPING 156685 UNITED HEALTH CARE 1111 THIRD AVENUE SUITE 1100 SEATTLE WA 98101 HEALTH INSURANCE 123233 3 72405 12500 379908 13000 464813 HISTORIC PROPERTY RENT 531310 2252030 2252030 PROVIDENCE ACADEMY 531310 757305 757305 CELEBRATE FREEDOM 713990 361214 361214 PROVIDENCE ACADEMY 531310 86823 86823 PEARSON FIELD EDUCATIO 456322 30578 30578 3487950 50634 50634 107512 92701 14811 14811 14811 73776 72405 16754 57022 57022 14460 4465 9995 9995 4085225 3487950 0 132462 12025 12025 151835 133347 8902 9586 1198465 1052537 70266 75662 57222 50254 3355 3613 124445 109292 7296 7857 101143 88828 5930 6385 10101 10101 33400 33400 13567 13567 209769 170069 28536 11164 39117 38777 340 108 108 613891 603822 8726 1343 63497 45971 7117 10409 116119 116119 45314 37583 7731 107251 89443 15434 2374 MASTER LEASE 652302 652302 OTHER SERVICES 101736 74200 26499 1037 MISCELLANEOUS EXPENSES 73781 73781 SUPPLIES 55479 48708 4133 2638 124883 104406 12179 8298 3905450 3558640 206104 140706 401679 377933 2167594 1986728 737347 639285 849 11024 2227 18107 9986995 312634 9666359 9674361 2088813 2109232 19444 17303 3500 4200 15087812 14838173 240790 224363 98749 81763 5189600 5015354 629562 347423 6158701 5668903 X 7560088 7824059 1369023 1345211 8929111 9169270 15087812 14838173 X 179775 73391 -13007 X X 0 1 X 1 0 X 896427 666059 4912319 1522946 464813 8462564 896427 666059 4912319 1522946 464813 8462564 2609006 5853558 48545 45473 50318 46775 50634 241745 249182 226246 239369 120690 88236 923723 9628032 14975480 0.60800 0.61690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 0 0 0 0 PART II-B, LINE 1: LOBBYING ACTIVITES WERE WITH WASHINGTON STATE LEGISLATURE TO OBTAIN STATE FUNDING FOR ACADEMY BUILDING RENOVATIONS, DONE PRO BONO IN 2016. THESE SERVICES WERE DONATED BY MARK BROWN OF OLYMPIA, WASHINGTON. X X 0 708827 10654 32595 37035 715041 773392 9438 -74003 708827 762975 11326 28865 -29773 773392 801565 90655 129245 762975 741798 98306 38539 801565 0.60000 0.00000 0.40000 0 0 8348505 8348505 1325745 199029 1126716 205208 113605 91603 107537 107537 9674361 SECURITY DEPOSITS 180249 OPERATING LEASE PAYABLE 5258 GIFT ANNUITY LIABILITIES 141652 DEFERRED COMPENSATION 15000 OTHER CURRENT LIABILITIES 5264 347423 X 4184149 73391 25304 16754 115449 4068700 16525 16525 4085225 3943990 25304 16754 42058 3901932 3518 3518 3905450 PART III, LINE 1A: COLLECTIONS AND EXHIBITS DURING 2005 THE TRUST ASSUMED OPERATIONS OF THE PEARSON AIR MUSEUM AND ACQUIRED RELATED MUSEUM ASSETS. THE ASSETS CONSIST OF AIRPLANES, EXHIBITS AND OTHER COLLECTIONS. IT IS NOT PRACTICAL TO ESTIMATE THE FAIR MARKET VALUE OF THE ASSETS AND, AS SUCH, THEY HAVE NOT BEEN CAPITALIZED IN THE ACCOMPANYING STATEMENT OF FINANCIAL POSITION. COLLECTIONS AND EXHIBITS ACQUIRED SINCE JANUARY 1, 2006 HAVE BEEN CAPITALIZED AND ARE RECORDED AT FAIR MARKET VALUE AS OF THE DATE CONTRIBUTED OR AT COST IF PURCHASED. DUE TO THEIR NATURE, EXHIBITS AND COLLECTIONS ARE NOT DEPRECIATED. PART OF THE PURPOSE OF THE TRUST IS TO PROMOTE HISTORICAL EDUCATION, INCLUDING MILITARY HISTORY. THE AIRPLANES, EXHIBITS AND COLLECTIONS ARE A PART OF THIS HISTORY. THE TRUST CONTINUES TO UTILIZE THESE ASSETS AS PART OF ITS AVIATION EDUCATION PROGRAMS. PART X, LINE 2: THE TRUST FOLLOWS THE PROVISIONS OF FASB ASC TOPIC INCOME TAXES. MANAGEMENT EVALUATED THE TRUST'S TAX POSITIONS AND CONCLUDED THAT THE TRUST HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS TOPIC. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCOME NETTED WITH OFFSETTING EXPENSES 16,754. PART XI, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT RECOVERY NETTED WITH REVENUE FOR TAX 3,525. ANTIQUE FURNITURE DONATED, NOT INCLUDED ON TAXPAYER BOOKS 13,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES NETTED WITH OFFSETTING INCOME 16,754. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT RECOVERY NETTED WITH REVENUE FOR TAX 3,525. OTHER OFFICE EXPENSE -7. LET'S TAKE FLIGHT 131810 67900 63910 5503 3638 7370 FUNDRAISER 2 14371 4505 9866 243 146181 72405 73776 5503 3638 7613 16754 57022 1 GENERAL GEORGE C. MARSHALL PUBLIC LEADERSHIP AWARD PAID TO THE INDVIDUAL, PAIGE SPRATT 1 4850 CASH SING FORTH - SCHOLARSHIP PAID DIRECTLY TO THE COLLEGESIN THE AMOUNTS OF $1,000, $500, AND $250 3 1750 CASH MARSHALL YOUTH LEADERSHIP AWARD - SCHOLARSHIP PAID DIRECTLY TO THE COLLEGE 1 2500 CASH CAMP SCHOLARSHIPS 8 2925 CASH X X 0 0 0 0 0 0 0 0 0 MIKE TRUE PRESIDENT 130956 0 0 0 0 0 9822 0 11058 0 151836 0 0 0 PART I, LINE 3 THE EXECUTIVE COMMITTEE WEIGHS IN ON THE CEO'S COMPENSATION EVERY YEAR DURING THE BUDGETING PROCESS. THEY LOOK AT OTHER CEOS PAY FOR SIMILAR TYPE OF ORGANIZATIONS. THE CEO AND CONTORLLER LOOK AT SALARY SURVERYS FOR THE OTHER POSITIONS POSTED. MARY MEYERS (THRESHOLD INC) TENANT - LANDLORD 22836 MS. MEYER'S COMPANY, THRESHOLD, INC., LEASES PROPERTY ON OFFICER'S ROW. 0 STACEY GRAHAM TENANT - LANDLORD 16686 RENTAL OF PROPERTY 0 RON FREDERIKSEN - FREDRICKSEN FAMILY OFFICE TENANT - LANDLORD 16368 MR. FREDERIKSEN'S COMPANY, FREDRICKSEN FAMILY OFFICE, RENTS AN OFFICE ON OFFICERS' ROW. 0 KIM CAPELOTO BANK 0 WE BANK AT RIVERVIEW BANK WHERE MR. CAPELOTO IS A VICE PRESIDENT. 0 RON FREDERIKSEN - RSV CONSTRUCTION BUILDER / CONSTRUCTION 0 MR. FREDERIKSEN'S COMPANY, RSV CONSTRUCTION, DID THE LEASEHOLD IMPROVEMENTS AT THE PEARSON FIELD EDUCATION CENTER PRIOR TO HIS BECOMING A BOARD MEMBER. 0 FORM 990, PART VI, SECTION A, LINE 2 BRAD CARLSON IS A BOARD MEMBER FOR RIVERVIEW BANK AND KIM CAPELOTO IS AN EXECUTIVE VICE PRESIDENT OF THE BANK. IT IS POSSIBLE THAT OTHER BOARD MEMBERS MAY BANK THERE BUT NOT VERIFIED. STEVE HORENSTEIN MAY HAVE SERVED AS LEGAL COUNSEL TO OTHER BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN PREPARER PROVIDES A DRAFT FORM 990 FOR THE CFO TO REVIEW AND MAKE CHANGES. DRAFT COPIES OF THE RETURN WILL BE EMAILED TO THE BOARD MEMBERS WHO WILL THEN HAVE A CHANCE TO COMMENT AND ASK QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO IMMEDIATELY DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST WHEN IT ARISES. IF IT APPEARS ANY CONFLICT MAY EXIST, AN INVESTIGATION AND INQUIRY BY STAFF IS PERFORMED AND REPORTED TO THE BOARD. IF A DIRECT CONFLICT EXISTS, THE BOARD MEMBER IS EXCUSED DURING ANY RELATED DISCUSSIONS. THE POLICY IS REVIEWED YEARLY AT THE FIRST BOARD MEETING OF THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE WEIGHS IN ON THE CEO'S COMPENSATION EVERY YEAR DURING THE BUDGETING PROCESS. THEY LOOK AT OTHER CEO PAY FOR SIMILAR TYPE ORGANIZATIONS. THE CEO AND CONTROLLER LOOK AT SALARY SURVEYS FOR THE OTHER POSITIONS POSTED. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, DOCUMENTS WILL BE PROVIDED. FORM 990, PART XI, LINE 9: OTHER OFFICE EXPENSE -7. ANTIQUE FURNITURE NOT INCLUDED IN TAXPAYER BOOKS -13,000. FORM 990, PART XII, LINE 2C: FORM 990, PART XII, LINE 2C, AUDIT COMMITTEE: THERE HAS BEEN NO CHANGE IN THE PROCESS OF OVERSEEING OR SELECTING OUTSIDE AUDITORS FROM THE PRIOR YEAR. FORM 990 SECTION C - NAME OF ORGANIZATION THE ORGANIZATION FORMALLY CHANGED ITS "DOING BUSINESS AS" NAME DURING 2017. THIS ORGANIZATION WAS PREVIOUSLY "DOING BUSINESS AS" FORT VANCOUVER NATIONAL TRUST. THE NEW "DOING BUSINESS AS" NAME WHICH HAS BEEN USED ON THIS TAX RETURN IS: THE HISTORIC TRUST. FORM 990 PART XI LINE 9 THERE WAS A NON-CASH DONATION OF A SET ANTIQUE FURNITURE CONSISTING OF 1 TALBE, 2 CHARIS, 2 ARM CHAIRS AND 1 TRUNK WHICH WAS DONATED TO THE ORGANIZATION. THE VALUE OF THE DONATION WAS APPROXIMATELY $13,000 AND THEY ARE GOING TO BE UTILIZED BY THE ORGANIZATION. THIS DONATION WAS NOT RECORDED ON THE TAXPAYER'S BOOK AND NOT INCLUDED IN THE AUDIT REPORT. THE ADDITIONAL $7 WAS MISCELLANEOUS OFFICE EXPENSE. ACADEMY DEVELOPMENT LLC 750 ANDERSON STREET VANCOUVER WA 98661 REAL ESTATE HOLDING WA 43325 PROVIDENCE ACADEMY LLC 750 ANDERSON STREET VANCOUVER WA 98661 REAL ESTATE HOLDING WA 4336316