2017-10-27T17:45:41-05:00 2016-12-31 920127098 ELGEE REHFELD MERTZ LLC 9309 GLACIER HWY STE B-200 JUNEAU AK 99801 990 2016-01-01 920156402 SOUTHEAST ALASKA LAND TRUST SOUT 9075863100 119 SEWARD STREET SUITE 2 JUNEAU AK 99801 JAY NELSON BOARD TREASURER 9075863100 2017-10-23 1 ROBERT L REHFELD P00104959 9077893178 2017-10-23 209.112.191.194 2017-10-23 13:56:11 AD P 60EF53C6650C521E1AE847E38CFB74EB18CC93E4 7207C60F25E59A31B2569D96CC5C58E7C19F4909 2016 2021-01-29 14:40:06Z JAY NELSON 119 SEWARD STREET SUITE 2 JUNEAU AK 99801 1228012 0 X WWW.SOUTHEASTALASKALANDTRUST.ORG X 1995 AK THE SOUTHEAST LAND TRUST COOPERATES WITH COMMUNITIES,LANDOWNERS, AND OTHERS TO ENSURE THAT HABITAT, RECREATION, OPEN SPACE, AND HISTORIC AREAS REMAIN IN PLACE FOR THE WELL-BEING OF EACH GENERATION. 8 8 3 10 0 0 335679 336623 104232 756849 87691 130760 0 1886 527602 1226118 0 0 0 0 162512 155641 0 0 19946 229453 207332 391965 362973 135637 863145 7279687 8028661 16899 9253 7262788 8019408 THE SOUTHEAST LAND TRUST COOPERATES WITH COMMUNITIES,LANDOWNERS, AND OTHERS TO ENSURE THAT HABITAT, RECREATION, OPEN SPACE, AND HISTORIC AREAS REMAIN IN PLACE FOR THE WELL-BEING OF EACH GENERATION. 0 0 136134 756849 LAND CONSERVATION - IN 2016, SEAL TRUST SUCCESSFULLY COMPLETED TWO FEE SIMPLE ACQUISITIONS, TOTALING 5.53 ACRES. PROJECT DEVELOPMENT INCLUDES: PRIORITIZATION MAPPING PROJECTS, CONSERVATION SITE SELECTION, DUE DILIGENCE, AND ACQUISITION OF CONSERVATION EASEMENT OR FEE SIMPLE PROPERTIES, INCLUDING THOSE ACQUIRED WITH FUNDING FROM DEVELOPERS PAID TO SEAL TRUST VIA THEIR IN-LIEU FEE AGREEMENT WITH THE ARMY CORPS OF ENGINEERS. THIS PROGRAM ALSO INCLUDES OUTREACH AND COMMUNICATION WITH LANDOWNERS, SITE VISITS, REPORT PREPARATION, AND NEGOTIATIONS WITH LANDOWNERS. 96957 CIAP GRANT - IN 2016, SEAL TRUST COMPLETED ITS WORK ON THIS MULTI-YEAR COMMUNITY COASTAL IMPACT ASSISTANCE PROGRAM (CIAP) GRANT. THROUGH THIS GRANT, SEAL TRUST WORKED TO DEVELOP A UNIFORM WETLAND ASSESSMENT TOOL TO MINIMIZE LOSSES OF SPECIFIC WETLAND FUNCTIONS. SEAL TRUST DEVELOPED AND FIELD TESTED A REGION-SPECIFIC FRESHWATER WETLANDS AND INTERTIDAL ASSESSMENT TOOL AND CREDIT-DEBIT METHOD FOR USE BY SEAL TRUST, REGULATORY AGENCIES, NATURAL RESOURCE PROFESSIONALS, COMMUNITES, AND DEVELOPERS THROUGHOUT SOUTHEAST ALASKA'S COASTAL RAINFOREST. 87771 STEWARDSHIP - AS OF THE END OF 2016, SEAL TRUST HAS PROTECTED 32 PROPERTIES CONSISTING OF 3,465 ACRES, LOCATED IN JUNEAU, ADMIRALTY ISLAND, EXCURSION INLET, FARRAGUT BAY, HAINES, KAKE, AND SITKA. STEWARDSHIP INCLUDES MANAGEMENT OF 16 FEE SIMPLE PROPERTIES CURRENTLY OWNED BY SEAL TRUST AND MONITORING 15 CONSERVATION EASEMENTS AND 1 DEED RESTRICTION HELD BY SEAL TRUST, INCLUDING MEETINGS WITH LANDOWNERS AND NEIGHBORS. 320862 1 1 0 0 0 0 1 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 3 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X THE ORGANIZATION 9075863100 119 SEWARD STREET SUITE 2 JUNEAU AK 99801 ALEX WERTHEIMER BOARD PRESIDENT 1.00 X X 0 0 0 BROCK TABOR BOARD VICE PRESIDENT 1.00 X X 0 0 0 NANCY WATERMAN BOARD SECRETARY 1.00 X X 0 0 0 JAY NELSON BOARD TREASURER 1.00 X X 0 0 0 KATHARINE HEUMANN BOARD MEMBER 1.00 X 0 0 0 ALERIA JENSEN BOARD MEMBER 1.00 X 0 0 0 ADELAIDE JOHNSON BOARD MEMBER 1.00 X 0 0 0 STEVE MOSELEY BOARD MEMBER 1.00 X 0 0 0 FRANK RUE BOARD MEMBER 1.00 X 0 0 0 ALLISON GILLUM EXECUTIVE DIRECTOR 40.00 X 64728 0 1942 64728 0 1942 0 0 0 0 0 136004 200619 336623 IN-LIEU FEES 900099 756849 756849 756849 130760 130760 3780 1894 1886 1886 1226118 756849 0 132646 X 66670 52982 7330 6358 74527 59225 8194 7108 2236 1777 246 213 12208 9702 1342 1164 8626 8626 14001 10781 1868 1352 18903 18903 122537 122537 9292 6802 772 1718 13809 11615 1132 1062 10936 9544 905 487 5359 4670 289 400 LAND ACQUISTION COSTS 2552 2552 ALL OTHER EXPENSE 1317 1146 87 84 362973 320862 22165 19946 39720 26891 812743 6070497 5416 4211 486708 6130 480578 480578 5941230 1446484 7279687 8028661 16899 9253 16899 9253 X 803873 970759 6458915 7048649 7262788 8019408 7279687 8028661 X 863145 51919 1396 -159840 X 0 1 X 0 0 X 69324 116773 162329 335679 336623 1020728 69324 116773 162329 335679 336623 1020728 123635 897093 49950 48466 62261 64740 130760 356177 1376905 3696086 0.65150 0.74030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 15 3277.00 1 1 1 555.00 28321 1440582 407638 94192 73649 8953 1859810 964297 627127 -14213 124007 12622 1440582 866136 99208 36695 28447 9295 964297 578099 206943 95531 7960 6477 866136 444138 102333 58231 21912 4691 578099 1.00000 0 0 480000 480000 6708 6130 578 480578 X 1121487 51919 1396 1894 55209 1066278 159840 159840 1226118 364867 1894 1894 362973 0 362973 PART II, LINE 9: THE TRUST HAS ACQUIRED AND HOLDS A NUMBER OF CONSERVATION EASEMENTS, EACH REPRESENTING A LEGAL INTEREST IN LAND OWNED BY ANOTHER PERSON OR ENTITY. THE CONSERVATION EASEMENTS EXTINGUISH CERTAIN FUTURE DEVELOPMENT RIGHTS IN THE SUBJECT PROPERTIES AND GRANT THE TRUST THE RIGHT TO PROTECT THE LAND FOR CONSERVATION PURPOSES. BECAUSE OF THE UNIQUE NATURE OF THESE ASSETS, THE SIGNIFICANT COST OF OBTAINING CONSISTENT AND RELIABLE ESTIMATES OF THE VALUES ASCRIBED TO THESE INTERESTS, AND CONSISTENT WITH THE PRACTICES FOLLOWED BY MANY ENVIRONMENTAL LAND TRUSTS, THE TRUST'S FINANCIAL STATEMENTS DO NOT INCLUDE ANY AMOUNTS FOR THESE PROPERTY INTERESTS. PART X, LINE 2: THE TRUST IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3). THE TRUST FOLLOWS THE PROVISIONS OF FASB ASC 740, INCOME TAXES, AND MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN. THE ORGANIZATION'S FEDERAL INCOME TAX RETURNS (FORM 990) ARE SUBJECT TO POSSIBLE EXAMINATION BY THE INTERNAL REVENUE SERVICE UNTIL THE EXPIRATION OF THE RELATED STATUTE OF LIMITATIONS ON THOSE TAX RETURNS, WHICH, IN GENERAL, HAVE A THREE-YEAR STATUTE OF LIMITATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSE 1,894. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN LAND VALUE HOLDINGS 159,840. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSE 1,894. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY ONE OR MORE OFFICERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY THROUGH ANNUAL SELF DISCLOSURE OF POSSIBLE CONFLICTS BY BOARD MEMBERS. IN ADDITION, POTENTIAL CONFLICTS ARE MONITORED AT REGULAR BOARD MEETINGS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORMS 1023 AND 990 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AND GOVERNING POLICIES AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD PRESIDENT, VICE PRESIDENT, SECRETARY, AND TREASURER. THE EXECUTIVE COMMITTEE HAS ALL AUTHORITY OF THE BOARD OF DIRECTORS, EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL HAVE NO AUTHORITY TO AMEND OR REPEAL THE ARTICLES OF INCORPORATION OR BY-LAWS; TO ELECT, APPOINT, OR REMOVE ANY DIRECTOR OR OFFICER; OR TO TAKE ANY ACTION THE AUTHORITY FOR WHICH IS SPECIFICALLY WITHHELD FROM THE EXECUTIVE COMMITTEE BY THE BOARD OF DIRECTORS. ANY ACTION TAKEN BY THE EXECUTIVE COMMITTEE, EXCEPT EMERGENCY APPROVAL OF LAND TRANSACTIONS, IS SUBJECT TO AMENDMENT OR REPEAL BY THE FULLL BOARD OF DIRECTORS. FORM 990, PART IX, LINE 11G CONSULTING-SPECIAL PROJECTS: PROGRAM SERVICE EXPENSES 86,165. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 86,165. APPRAISAL FEES: PROGRAM SERVICE EXPENSES 25,473. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,473. ECOLOGICAL: PROGRAM SERVICE EXPENSES 10,899. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,899. FORM 990, PART XI, LINE 9: CHANGE IN LAND VALUE HOLDINGS -159,840.