2017-01-25T10:24:02-06:00 2016-06-30 410975573 REDPATH AND COMPANY LTD 4810 WHITE BEAR PARKWAY WHITE BEAR LAKE MN 55110 990 2015-07-01 411713652 MINNESOTA LAND TRUST MINN 6516479590 2356 UNIVERSITY AVE WEST NO 240 SAINT PAUL MN 55114 KRIS WILLIAM LARSON EXECUTIVE DIRECTOR 6516479590 2017-01-24 1 ASHLEY C REHN CPA P00965922 6514267000 2017-01-24 2015 2021-01-29 14:40:06Z KRIS WILLIAM LARSON 2356 UNIVERSITY AVE WEST NO 240 SAINT PAUL MN 55114 4355235 0 X WWW.MNLAND.ORG X 1991 MN THE MINNESOTA LAND TRUST PROTECTS AND RESTORES MINNESOTA'S MOST VITAL NATURAL LANDS IN ORDER TO PROVIDE WILDLIFE HABITAT, CLEAN WATER, OUTDOOR EXPERIENCES AND SCENIC BEAUTY FOR GENERATIONS TO COME. WE ACHIEVE THIS MISSION THROUGH OUR LAND CONSERVATION PROGRAM WHICH HAS THREE ELEMENTS: LAND PROTECTION TO CONSERVE MINNESOTA'S ICONIC LANDSCAPES, PRIMARILY THROUGH CONSERVATION EASEMENT; ECOLOGICAL RESTORATION TO IMPROVE THE STATE'S WILDLIFE HABITATS; AND PUBLIC ENGAGEMENT TO ENSURE THAT THE FUTURE GENERATIONS CAN EXPERIENCE AND SUPPORT CONSERVATION. 21 21 18 130 0 0 3450803 4178227 218238 8706 156687 133157 18359 22756 3844087 4342846 35314 54292 0 0 1075401 1277534 0 0 234157 2320903 2933627 3431618 4265453 412469 77393 5048086 5040985 92065 119890 4956021 4921095 X THE MINNESOTA LAND TRUST PROTECTS AND RESTORES MINNESOTA'S MOST VITAL NATURAL LANDS IN ORDER TO PROVIDE WILDLIFE HABITAT, CLEAN WATER, OUTDOOR EXPERIENCES AND SCENIC BEAUTY FOR GENERATIONS TO COME. 0 0 3796101 54292 8706 SEE SCHEDULE OPROTECTED 2,073 ACRES OF SIGNIFICANT NATURAL AND SCENIC LAND AND 90,026 FEET OF FRAGILE SHORELINE BY COMPLETING 13 NEW LAND PROTECTION PROJECTS THIS PAST FISCAL YEAR WHILE MANAGING, MONITORING AND ENFORCING ALL PREVIOUSLY COMPLETED EASEMENTS. THIS BRINGS THE TOTAL NUMBER OF LAND PROTECTION PROJECTS COMPLETED BY THE LAND TRUST TO 509, PROTECTING 48,450 ACRES OF SIGNIFICANT LAND AND 1,385,762 OF SHORELINE. IN ADDITION, WE COMPLETED SEVERAL ECOLOGICAL RESTORATION PROJECTS IN THE ST. LOUIS RIVER ESTUARY AND ASSISTED THE CITY OF DULUTH IN ADVANCING THEIR ST. LOUIS RIVER COORIDOR RECREATION INIATIAVE, A NATIONALLY-RECOGNIZED EFFORT TO TRANSFORM THE CITY INTO AN OUTDOOR DESTINATION. 3796101 1 1 0 1 0 0 1 0 0 1 1 0 0 0 0 1 1 0 0 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 12 0 1 18 1 0 0 0 0 0 1 1 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X THE ORGANIZATION 6516479590 2356 UNIVERSITY AVE WEST NO 240 SAINT PAUL MN 55114 SUE STEINWALL CHAIR 1.00 X X 0 0 0 JOHN SHARDLOW VICE-CHAIR 1.00 X X 0 0 0 BRAD WALLIN VICE-CHAIR 1.00 X X 0 0 0 BRAD FULLER SECRETARY 1.00 X X 0 0 0 WOOD KIDNER TREASURER 1.00 X X 0 0 0 KURT APFELBACHER BOARD MEMBER 1.00 X 0 0 0 BOB BUSH BOARD MEMBER 1.00 X 0 0 0 TIM EDMAN BOARD MEMBER 1.00 X 0 0 0 NICHLAS EMMONS BOARD MEMBER 1.00 X 0 0 0 TED ERICKSON BOARD MEMBER 1.00 X 0 0 0 BRENT FRAZIER BOARD MEMBER 1.00 X 0 0 0 WOLFGAN GREINER BOARD MEMBER 1.00 X 0 0 0 LOREN HANSEN BOARD MEMBER 1.00 X 0 0 0 JEFF HAYWARD BOARD MEMBER 1.00 X 0 0 0 SUSAN HEEGAARD BOARD MEMBER 1.00 X 0 0 0 PATRICK HYNES BOARD MEMBER 1.00 X 0 0 0 CAROLYN KOHRS BOARD MEMBER 1.00 X 0 0 0 ALEXIS LUDWIG-VOGEN BOARD MEMBER 1.00 X 0 0 0 WILLIE RAHR BOARD MEMBER 1.00 X 0 0 0 KELLY SCANLAN BOARD MEMBER 1.00 X 0 0 0 JAMES STARK BOARD MEMBER 1.00 X 0 0 0 DUNN YOSHITANI BOARD MEMBER 1.00 X 0 0 0 KRIS WILLIAM LARSON EXCUTIVE DIRECTOR 50.00 X 104988 0 2100 104988 0 2100 1 0 0 0 VEIT & COMPANY 1400 VEIT PLACE ROGERS MN 55375 CONTRACTOR FOR CHAMBER'S GROVE RESTORATI 934535 1 131044 3184390 862793 159502 4178227 FEES FOR SERVICE 531390 8706 8706 8706 133157 133157 35145 131044 12389 22756 22756 4342846 8706 0 155913 34292 34292 20000 20000 109467 96331 5473 7663 947170 703578 108058 135534 14602 10294 1682 2626 127234 102831 11725 12678 79061 59647 8512 10902 16720 16720 12122 9241 922 1959 855 642 68 145 129120 72735 18813 37572 98148 73611 7852 16685 61106 54565 1912 4629 9861 4066 4311 1484 1880 1410 150 320 31673 31673 PROJECT EXPENSES 1329920 1329920 EASEMENT ACQ 1216250 1216250 MEMBERSHIPS, DUES, LICE 4658 3122 300 1236 21314 3566 17024 724 4265453 3796101 235195 234157 131611 195623 44963 44965 217600 222100 264031 458968 19167 19664 354498 38690 171950 315808 4198764 3783857 5048086 5040985 92065 119890 92065 119890 X 1092463 798303 3647351 3906585 216207 216207 4956021 4921095 5048086 5040985 77393 -112319 0 X 0 1 X 1 0 X 1457460 2710063 2290440 3450803 4178227 14086993 1457460 2710063 2290440 3450803 4178227 14086993 14086993 71053 59227 148493 156687 133157 568617 6701 13338 18359 22756 61154 14716764 386197 0.95720 0.95400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 400 400 4265053 4265453 363273 90818 0 0 290025 266903 321581 363273 1241782 1862673 6918 4003 3771 400 15092 72506 66726 80395 90818 310445 465668 X X X 493 47631.00 4 2 1 2084.00 546575 4067945 281685 18839 454280 3914189 4135814 322950 59300 450119 4067945 3425180 420406 495862 205634 4135814 3068696 143557 391927 179000 3425180 3117814 161348 -69514 140952 3068696 0.10000 0.05000 0.85000 0 0 310659 310659 43839 38690 5149 315808 X 4230527 -112319 -112319 4342846 0 4342846 4265453 0 4265453 0 4265453 PART II, LINE 3: ROSE CITY (RUDD 2)- MODIFICATION CONSISTENT WITH CONSERVATION PURPOSE. AMENDMENT CLARIFIES SIZE AND LOCATION OF BUILDING ENVELOPE; REDUCES SQUARE FOOTAGE OF PERMITTED STRUCTURES; CORRECTS AND CLARIFIES AGRICULTURAL USE AREAS; CORRECTLY DEFINES USE AREAS ON PROPERTY MAP. LINKERT FARM (LINKERT) - MODIFICATION CONSISTENT WITH CONSERVATION PURPOSE. AMENDMENT CLARIFIES EASEMENT TERMS AND FURTHER RESTRICTS AGRICULTURAL USE. RUSHFORD SAND BARRENS (PETERSON) - TECHNICAL. CORRECTS MUTUAL MISTAKE RELATED TO BUILDING ENVELOPE LOCATION. ZUMBRO RIVER (BAILEY) - TECHNICAL. PROPERTY MAP CORRECTION TO ACCURATELY REFLECT AGRICULTURAL USE AREAS. PART II, LINE 5: THE MINNESOTA LAND TRUST HAS EXTENSIVE POLICIES AND PROCEDURES COVERING ITS CONSERVATION EASEMENT STEWARDSHIP PROGRAM. THE ULTIMATE RESPONSIBILITY OF THE LAND TRUST'S CONSERVATION EASEMENT STEWARDSHIP PROGRAM IS TO PRESERVE THE CONSERVATION VALUES ASSOCIATED WITH EACH PROPERTY. THEREFORE, THE LAND TRUST IS PREPARED TO LEGALLY DEFEND AND ENFORCE ITS EASEMENTS WHEN NECESSARY. LEGAL ENFORCEMENT, HOWEVER, IS A REMEDY OF LAST RESORT. THE GOALS OF THE LAND TRUST'S EASEMENT STEWARDSHIP PROGRAM INCLUDE ENCOURAGING VOLUNTARY COMPLIANCE WHENEVER POSSIBLE, ESTABLISHING AND MAINTAINING GOOD RELATIONSHIPS WITH LANDOWNERS AND THE COMMUNITIES IN WHICH OUR EASEMENTS ARE LOCATED, DOCUMENTING THE CONDITION OF LANDS PROTECTED BY EACH EASEMENT AT THE TIME THE EASEMENT IS COMPLETED AND MONITORING THAT CONDITION OVER TIME, MAINTAINING ACCURATE RECORDS AND BEING EFFICIENT AND EFFECTIVE WITH THE USE OF FUNDS IN SUPPORTING STEWARDSHIP ACTIVITIES. COMPONENTS OF THE STEWARDSHIP PROGRAM INCLUDE: CREATING AN APPROPRIATE BASELINE PROPERTY REPORT, EASEMENT ADMINISTRATION, MONITORING, LANDOWNER RELATIONS, COMMUNITY RELATIONS AND EASEMENT ENFORCEMENT AND DEFENSE. THE LAND TRUST HAS SPECIFIC POLICIES AND PROCEDURES FOR EACH OF THESE COMPONENTS. AS ONE OF THE FIRST NATIONALLY ACCREDITED LAND TRUSTS IN THE COUNTRY, THESE POLICES AND PROCEDURES AND THEIR IMPLEMENTATION BY THE LAND TRUST HAVE PASSED LAND TRUST ACCREDITATION COMMISSION SCRUTINY. ALL CONSERVATION EASEMENTS ACCEPTED BY THE MINNESOTA LAND TRUST GRANT TO THE LAND TRUST EXPANSIVE RIGHTS TO ENTER, MONITOR AND INSPECT THE PROPERTY. ALL EASEMENTS ALSO PROVIDE COMPREHENSIVE ENFORCEMENT RIGHTS AND REMEDIES FOR THE LAND TRUST IN THE EVENT OF A VIOLATION AND DETAIL THE LIMITED CIRCUMSTANCES UNDER WHICH THE CONSERVATION EASEMENT COULD BE MODIFIED OR TERMINATED. PART II, LINE 9: CONSERVATION EASEMENTS ACCEPTED OR PURCHASED BY THE LAND TRUST ARE NOT RECOGNIZED AS ASSETS OR REVENUES IN THE ACCOMPANYING FINANCIAL STATEMENTS BECAUSE THE LAND TRUST DOES NOT HAVE FEE TITLE TO THE PROPERTIES AND THERE ARE NO EXPECTED FUTURE ECONOMIC BENEFITS. IF PURCHASED, THE COSTS OF CONSERVATION EASEMENTS ARE EXPENSED WHEN THE EASEMENTS ARE ACQUIRED. PART V, LINE 4: THE ENDOWMENT FUND WAS ESTABLISHED TO PROVIDE LONG-TERM OPERATING SUPPORT FOR THE MINNESOTA LAND TRUST. PART X, LINE 2: A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN INCOME TAX POSITION (INCLUDING TAX-EXEMPT STATUS) MAY BE RECOGNIZED ONLY WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT BELIEVES THE LAND TRUST HAS NO UNCERTAIN INCOME TAX POSITIONS THAT WOULD RESULT IN AN ACCRUAL, EXPENSE OR BENEFIT UNDER THE MORE LIKELY THAN NOT STANDARD. 1 NORTH AMERICA - CANADA AND MEXICO, NOT US 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION LAND CONSERVATION 20000 0 0 0 0 0 0 20000 0 20000 NORTH AMERICA - CANADA AND MEXICO, NOT US LAND CONSERVATION 20000 CHECK 1 0 0 0 0 0 0 PART I, LINE 2: THE LAND TRUST MONITORS THE EXPENSES GRANTED FROM ITS RAINY LAKE FUND VIA SEVERAL MECHANISMS, INCLUDING ANNUAL IN-PERSON MEETINGS AND WRITTEN REPORTS FROM ENTITIES RECEIVING THE FUNDS. DINNER AND AUCTION 166189 131044 35145 1500 2400 3059 5430 166189 131044 35145 1500 2400 3059 5430 12389 22756 1 GATHERING WATERS CONSERVANCY 211 S PATERSON STREET SUITE 270 MADISON WI 53703 391805090 21000 PROJECT COORDINATON; POLICY & EDUCATION INITIATIVES REPORT NATURAL LAND INSTITUTE 320 SOUTH THIRD STREET ROCKFORD IL 61104 362478025 10000 RESILIENT RIVERS FRAMEWORK PLAN 2 2 PART I, LINE 2: THE GRANTS WERE AWARDED ON A REIMBURSEMENT BASIS; ALL WORK WAS COMPLETED AND DELIVERABLES WERE RECEIVED BEFORE ANY PAYMENT WAS MADE. X 5 18872 SELLING PRICE X 13 N/A X 3 140630 TAX ASSESSED VALUE 8 0 1 1 PART I, COLUMN (B): AMOUNTS IN COLUMN B ARE THE NUMBER OF CONTRIBUTIONS. PART I, LINE 32B: WE USE A BROKER TO HANDLE SALES OF STOCK; IN THE PAST WE HAVE USED REALTORS TO SELL PROPERTIES THAT WE HELD IN FEE. PART I, LINE 33: CONSERVATION EASEMENTS ACCEPTED BY THE MINNESOTA LAND TRUST ARE NOT RECORDED AS ASSETS OR REVENUE BECAUSE THE LAND TRUST DOES NOT HAVE TITLE TO THE PROPERTIES AND THERE ARE NO EXPECTED FUTURE ECONOMIC BENEFITS FOR THE LAND TRUST. AMOUNTS REPORTED ON SCHEDULE M ARE FOR THOSE CASES WHERE THE LAND TRUST RECEIVES DONATED PROPERTY IN ITS NAME. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS COMPRISED OF THE OFFICERS OF THE ORGANIZATION AND ALL CHAIRS OF THE OTHER STANDING COMMITTEES. CURRENTLY THERE ARE SEVEN MEMBERS OF EXECUTIVE COMMITTEE. ALL THE MEMBERS OF THE COMMITTEE ARE ON THE FULL BOARD OF DIRECTORS. THE COMMITTEE IS AUTHORIZED TO ACT ON BEHALF THE BOARD, BUT THIS ROLE IS LIMITED TO URGENT ACTION WHICH NEEDS TO BE TAKEN ON BEHALF OF THE ORGANIZATION IN BETWEEN THE BI-MONTHLY BOARD MEETINGS. ANY ACTION TAKEN IS REVIEWED AT THE NEXT MEETING OF THE FULL BOARD OF DIRECTORS AND THE FULL BOARD IS NOTIFIED IN ADVANCE OF ALL MEETINGS OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE MANAGER, EXECUTIVE DIRECTOR AND THE TREASURER OF THE BOARD OF DIRECTORS REVIEW THE DRAFT OF THE FORM 990. THE FORM 990 IS ALSO REVIEWED BY THE ENTIRE FINANCE COMMITTEE AND/OR THE EXECUTIVE COMMITTEE. AT THE EXECUTIVE DIRECTOR'S DISCRETION, ANY QUESTIONS OR CONCERNS MAY ALSO BE REVIEWED WITH OUTSIDE LEGAL COUNSEL. ANY REQUESTED OR REQUIRED CHANGES ARE THEN DISCUSSED WITH THE TAX PREPARER AND A DRAFT 990 IS REVIEWED BY THE FINANCE COMMITTEE. A COPY OF THE FINAL FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND COMMENT. PRIOR TO FILING, THE FULL BOARD OF DIRECTORS ACCEPTS THE FORM 990 AND RELATED DOCUMENTS. FORM 990, PART VI, SECTION B, LINE 12C IN ADDITION TO ANNUALLY ASKING ALL BOARD MEMBERS AND STAFF TO DISCLOSE POTENTIAL CONFLICTS IN WRITING, ALL MAJOR ORGANIZATIONAL TRANSACTIONS ARE EVALUATED WITH RESPECT TO POTENTIAL CONFLICTS OF INTEREST. THE EXECUTIVE DIRECTOR OR THE CHAIR OF THE BOARD ARE INVOLVED IN EVALUATING PROSPECTIVE POTENTIAL CONFLICTS AND DOCUMENTING DECISIONS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS ALSO SERVES AS THE PERSONNEL COMMITTEE OF THE BOARD WITH SPECIFIC RESPONSIBILITY TO EVALUATE THE PERFORMANCE OF THE EXECUTIVE DIRECTOR AND SET COMPENSATION FOR THE EXECUTIVE DIRECTOR. THE EXECUTIVE COMMITTEE REVIEWS AVAILABLE DATA REGARDING COMPENSATION OF SIMILAR POSITIONS IN SIMILAR SITUATIONS AND SETS COMPENSATION ACCORDINGLY. ALL OF THE MEMBERS OF THE EXECUTIVE COMMITTEE ARE INDEPENDENT. DECISIONS OF THE EXECUTIVE COMMITTEE ARE DOCUMENTED IN THE MINUTES AND/OR IN THE PERSONNEL FILE OF THE EXECUTIVE DIRECTOR AS APPROPRIATE. DECISIONS REGARDING THE EXECUTIVE DIRECTOR COMPENSATION ARE ALSO REVIEWED BY THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE MINNESOTA LAND TRUST WEB SITE AND ON FILE WITH THE MINNESOTA ATTORNEY GENERAL'S OFFICE. COPIES ARE ALSO AVAILABLE FROM THE LAND TRUST UPON REQUEST. AN ANNUAL REPORT SUMMARIZING AUDITED FINANCIAL INFORMATION AND PROGRAM INFORMATION IS ALSO PREPARED ANNUALLY. IT IS WIDELY DISTRIBUTED TO DONORS AND OTHER INTERESTED PARTIES AND IS AVAILABLE ON THE MINNESOTA LAND TRUST WEB SITE. COPIES OF OTHER GOVERNANCE DOCUMENTS AND LAND TRUST POLICIES ARE MADE AVAILABLE ON A CASE BY CASE BASIS AS REQUESTED. IN PRACTICE, REQUESTS HAVE BEEN VERY RARE. PART I,LINE 5 & PART V, LINE 2A THE MINNESOTA LAND TRUST USES THE SERVICES OF OASIS DEG (FORMERLY DOHERTY EMPLOYER SERVICES), A PROFESSIONAL EMPLOYER ORGANIZATION, TO PROVIDE THE ORGANIZATION WITH HUMAN RESOURCES SERVICES INCLUDING PAYROLL PROCESSING AND BENEFITS MANAGEMENT. ALL MINNESOTA LAND TRUST EMPLOYEES ARE CO-EMPLOYED BY DOHERTY. HOWEVER, DOHERTY IS SOLELY RESPONSIBLE FOR COMPLYING WITH ALL INCOME AND SOCIAL SECURITY TAX LAWS AND REGULATIONS RELATED TO OUR EMPLOYEES, INCLUDING COMPLETING ALL REQUIRED TAX FILINGS SUCH AS IRS FORMS W2S AND W3S.