2017-08-02T13:37:03-07:00 2016-09-30 Tapia & Huckabay PC PO Box 38 Vergennes VT 05491 990 2015-10-01 030281195 Preservation Trust of Vermont Inc PRES 8026586647 104 Church Street Burlington VT 05401 PAUL BRUHN EXECUTIVE DIRECTOR 8026586647 2017-08-02 true WILLIAM S HUCKABAY CPA 8028707086 2015 2021-01-29 14:40:06Z PAUL BRUHN 104 Church Street Burlington VT 05401 3625747 false X www.ptvermont.org X 1980 VT To initiate, stimulate, and assist local and statewide efforts to preserve and use Vermont's rich collection of historic, architectural, cultural, and community resources. 17 17 6 50 0 1561107 1592417 46029 46751 145089 93554 23154 32574 1775379 1765296 935746 355073 0 348248 399591 0 72803 445680 481253 1729674 1235917 45705 529379 7486760 8480447 301901 343309 7184859 8137138 To initiate, stimulate, and assist false false 410118 355073 "PRESERVATION GRANTS" - IN PARTNERSHIP WITH SEVERAL MAJOR FOUNDATIONS, THE ORGANIZATION DISTRIBUTED DIRECT SUPPORT TO DOZENS OF TOWNS, INDIVIDUALS AND ORGANIZATIONS IN SUPPORT OF RESTORATION AND REHABILITATION PROJECTS THROUGHOUT VERMONT. 605089 46751 THE ORGANIZATION'S ACTIVITIES WHICH CONSTITUTE THE CORE PROGRAM OF THE ORGANIZATION INCLUDE A VARIETY OF EDUCATIONAL, TECHNICAL SUPPORT, AND OTHER DIRECT FINANCIAL ASSISTANCE PROGRAMS FOCUSING ON A WIDE RANGE OF PRESERVATION ISSUES IN THE STATE. 1015207 true true false true false false true true false true true false true true true true false false false false false false false false true true false true true true false false false false false false false false true false false false false true true true true false true 30 2 true 6 true false false false false false true true false false false false X 17 17 false false false false false false false true true false false true true true true true true true false false VT X X William Polk 8026586647 104 Church Street Burlington VT 05401 PAUL BRUHN Executive Director 40.00 X 122293 0 31173 PETER BRINK President 3.00 X X 0 0 0 NEALE LUNDERVILLE Vice-President 3.00 X X 0 0 0 MICHAEL NEWBOLD Treasurer 3.00 X X 0 0 0 KATIE BUCKLEY Secretary 3.00 X X 0 0 0 WILLIAM POLK Assistant Treasurer (non-voting) 15.00 X 18750 0 0 FRED BAY Director 3.00 X 0 0 0 MARK BEAMS Director 3.00 X 0 0 0 MICHELE BESSETT Director 3.00 X 0 0 0 ANN COUSINS Director 3.00 X 0 0 0 KEVIN FITZGERALD Director 3.00 X 0 0 0 JAIME LEE Director 3.00 X 0 0 0 LYSSA PAPAZIAN Director 3.00 X 0 0 0 JOSH PHILLIPS Director 3.00 X 0 0 0 RICHARD SAUNDERS Director 3 X CHARLIE SINCERBEAUX Director 3 X INA SMITH Director 3 X DAVID TAPLIN Director 3 X EMILY WADHAMS Director 3 X 141043 31173 1 false true false 0 1120 58000 1533297 343113 1592417 Conference & Retreat Fees 611600 29651 Mgmt. Fee to 501(c)(2) Affiliate 900099 15000 Other Exempt Function Income 900099 2100 46751 84210 84210 1856858 1847514 9344 9344 9344 22011 1120 2683 19328 19328 23500 10254 13246 13246 1765296 46751 126128 328073 328073 27000 27000 0 0 0 0 171793 116055 25579 30159 0 0 0 0 198902 157627 18712 22563 3140 2579 290 271 0 0 0 0 25756 19590 2476 3690 0 0 0 0 50554 46757 3797 0 27758 0 27758 0 0 0 0 0 0 0 22983 0 22983 0 101894 82576 17852 1466 0 0 0 0 18714 11304 4245 3165 6552 4982 630 940 0 0 0 0 31991 25785 4344 1862 32636 27916 1573 3147 0 0 0 0 47560 35973 10297 1290 6061 6061 0 0 32800 32800 0 0 77134 74480 1062 1592 9644 6665 2359 620 Printing & publications 6814 3429 1718 1667 Bank charges 1983 0 1983 0 Dues & subscriptions 3486 3486 0 0 Other expenses 2689 2069 249 371 1235917 1015207 147907 72803 25548 29246 979548 1126457 30000 73237 469878 118681 367819 351197 3152116 3820085 2309548 2291299 622181 788926 7486760 8480447 279770 276341 20000 20000 2131 46968 301901 343309 X 3557514 4161706 1463111 1638198 2164234 2337234 7184859 8137138 7486760 8480447 X 529379 417243 -7073 12730 X true X false true false X 2483171 1722865 1236543 1561107 1592417 8596103 2483171 1722865 1236543 1561107 1592417 8596103 2017294 6578809 73445 79579 82379 83026 84210 402639 8998742 453595 0.73110 0.65380 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1235917 1235917 198592 49648 239790 221576 236184 198592 896142 1344213 8000 22515 15240 45755 59948 55394 59046 49648 224036 336054 X X 70 311.2 21 0 0 1 true 700 21700 true 81375 1701602 X X X X Lease to Non-Profit Museum Operator false 2164234 98000 2262234 1990575 173659 2164234 1900825 89750 1990575 1813825 87000 1900825 1661625 152200 1813825 0.00000 1.00000 0.00000 false false 12000 12000 395548 70996 324552 17950 25381 34386 8945 18999 13299 5700 351197 Historic real property (net of $2,919 A/D) 127150 C Museum collections (net of $56,103 A/D) 1701602 C Museum real property (net of $22,393 Accum Depr) 462547 C 2291299 Interest-free loan/advances to Preservation Realty Holdings, Inc. 556585 Deferred compensation assets 44824 Beneficial interest in assets held by others 77317 Beneficial interest in charitable remainder trust 110200 Prepaid options 788926 Retirement plan liability 2144 Deferred compensation liability 44824 46968 X Pt II, Line 5 All easements are inspected annually for compliance with easement agreements including, but not limited to, the baseline documentation file and the prior year's stewardship report. The monitoring agent completes an "Annual Property Inspection Report" noting any violations and outlining steps for Judicial or Administrative enforcement (if necessary). Pt II, Line 9 The Organization received funds from the State of Vermont for the monitoring and permanent preservation of the conservation easements. The funds received are reported as grant income, held in an investment account, and reported accordingly on the Organization's balance sheet. Periodic monitoring costs are expensed in the fiscal year paid. Pt III, Line 4 In December 2012, the Organization purchased the collections and certain other personal property of the Vermont Marble Museum in Proctor, Vermont. The purchase was part of a larger project to help preserve the Museum and related real property and to ensure that the Museum remains open to the public. Additional amounts of capitalized collections have been received via donation. Pt V, Line 4 Earnings on the following permanent endowments are restricted for the following purposes: 1) $403,200 funds the periodic monitoring of conservation easements in furtherance of the Organization's mission, 2) $1,226,575 underwrites the Executive Director's position, 3) $462,000 supports community efforts to preserve and strengthen Vermont's historic and cultural resources and 4) $170,459 funds downtown preservation efforts. Pt X, Line 2 "The Trust believes it has appropriate support for any tax positions taken and, as such, does not have any uncertain tax positions that are material to the financial statements. Silent Auction 23131 1120 22011 1000 1683 23131 1120 22011 1000 1683 2683 19328 23500 10000 254 false 23500 10000 254 10254 13246 VT true false false false 1.00000 0.00000 WILLIAM POLK 104 Church Street Burlington VT 05401 false PAUL BRUHN General Oversight and Management X false true Derby Historical Society PO Box 357 Derby VT 05829 030278865 501(c)(3) 16119 Preservation Episcopal Diocese of Vermont 5 Rock Point Road Burlington VT 05408 030212592 501(c)(3) 28965 Preservation National Trust for Historic Preservation 2600 Virginia Ave NW 1100 Washington DC 20037 530210807 501(c)(3) 10000 Preservation New Moran Inc PO Box 8502 Burlington VT 05401 470962013 501(c)(3) 65398 Preservation Old West Church Association PO Box 200 Calais VT 05851 237154250 501(c)(3) 5850 Preservation Oldcastle Productions 331 Main Street Bennington VT 05201 237288883 N/A 25000 Preservation Orleans County Historical Society 109 Old Stone House Road Brownington VT 05860 036010727 501(c)(3) 25000 Preservation RuralEdgeGilman Housing Trust PO Box 259 Lyndonville VT 05851 030301520 501(c)(3) 45000 Preservation St Johnsbury History & Heritage Center PO Box 223 St Johnsbury VT 05819 272385222 501(c)(3) 10000 Preservation Vermont Marble Museum Inc PO Box 637 Proctor VT 05765 464612220 501(c)(3) 69305 Preservation 9 1 1099-Reportable Barn Preservation Grant 1 25000 Field Service Grants 10 2000 Pt I Line 2 Grantees provide written documentation on the use of the funds to ensure compliance with the grant agreement and restrictions. Field service representatives inspect and monitor projects to confirm compliance. X X X X false true false false false false false false false PAUL BRUHN 104293 18000 29953 1220 153466 Pt I Line 4b Preservation Trust of Vermont has established a "Non-Qualified Section 457 Tandem Deferred Compensation Plan" to benefit its long-time Executive Director. Amounts included in Part II, Column (C) include $24,000 in Section 457(f) deferred compensation, $3,129 in SIMPLE matching contributions and $2,824 in current year earnings on deferred compensation plan assets. X 11 136738 Average Share Price X 1 125000 Appraisal X 1 81375 Donor Provided FMV 2 false false false Pt XI Line 8 / Prior Period Adjustments: 1) Recognize $103,600 beneficial interest in charitable remainder trust 2) net of $110,673 write-down in interest in limited liability company (to agreed to exit price to remaining non-profit limited liability member) equals ($7,073) prior period adjustment (adjustments pursuant to audit completed after filing of 9/30/15 Form 990). Pt XI Line 9 / Other Changes: Net change in beneficial interest in assets held by others ($6,130 current year gain) plus net change in beneficial interest in charitable remainder trust ($6,600 current year gain). Pt VI, Line 11b A copy of Form 990 is made available to all Board members prior to submission. Pt VI, Line 12c All directors, officers, and board and committee members are required to read the Organization's Conflict of Interest Policy and disclose any real or potential conflicts annually. Any disclosure is investigated by an independent board / committee member and steps are taken to resolve or avoid any actual or potential conflict. Pt VI, Line 15a All salaries are determined annually by the Board of Directors (in Executive Session). Pt VI, Line 15b See above. Pt VI, Line 19 The Organization makes the current and two preceding years of its annual tax returns available for public inspection on its own website. The Organization also makes all organizational and governing documents (including Form 1023), available for public inspection upon request. Preservation Realty Holdings Inc 104 Church Street Burlington VT 05401 030356606 Preservation of Historic Properties VT 501(c)(2) N/A Preservation Trust of VT true false true false true false false false false false false false false false false false false true false false Preservation Realty Holdings Inc b 32800 Cash Preservation Realty Holdings Inc d 556585 Cash Preservation Realty Holdings Inc q 15000 FMV