SOUTH EAST ALASKA LAND TRUST: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- SOUTH EAST ALASKA LAND TRUST (EIN 92-0156402)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-10-12
- IRS object ID
- 201642869349300534
- Schema version
- 2015v2.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-10-12T11:39:01-07:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Altman Rogers & Company | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 425 G Street Suite 800 | AddressLine1Txt |
| City | Anchorage | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99501 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 920156402 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Southeast Alaska Land Trust | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOUT | BusinessNameControlTxt |
| Phone | 9075863100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 119 Seward Street | AddressLine1Txt |
| City | Juneau | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99801 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jay Nelson | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Signature | 2016-10-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Tom J Domagala CPA | PreparerPersonNm |
| PTIN | P00122688 | PTIN |
| Phone | 9072742992 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Allison Gillum | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 119 Seward Street Ste 2 | AddressLine1Txt |
| City | Juneau | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $819,079 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| All Affiliates Included | false | AllAffiliatesIncludedInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.southeastalaskalandtrust.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1995 | FormationYr |
| Legal Domicile State | AK | LegalDomicileStateCd |
| Activity Or Mission | The Southeast Alaska Land Trust (SEAL 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. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 7 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $162,329 | PYContributionsGrantsAmt |
| CY Contributions Grants | $335,679 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $965,735 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $104,232 | CYProgramServiceRevenueAmt |
| PY Investment Income | $62,261 | PYInvestmentIncomeAmt |
| CY Investment Income | $87,691 | CYInvestmentIncomeAmt |
| PY Other Revenue | $16 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $1,190,341 | PYTotalRevenueAmt |
| CY Total Revenue | $527,602 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $159,138 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $162,512 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $19,272 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $229,163 | PYOtherExpensesAmt |
| CY Other Expenses | $229,453 | CYOtherExpensesAmt |
| PY Total Expenses | $388,301 | PYTotalExpensesAmt |
| CY Total Expenses | $391,965 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $802,040 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $135,637 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $7,866,215 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,279,687 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $17,129 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $16,899 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $7,849,086 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $7,262,788 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The Southeast Alaska Land Trust (SEAL 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. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $199,202 | ExpenseAmt |
| Desc | CIAP Grant - In 2015, Seal Trust worked on its multi-year community coastal impact assistance program (CIAP) Grant. Through this grant, Seal Trust is working to develop a uniform wetland assessment tool to minimize losses of specific wetland functions. Seal Trust is developing, field testing, and implementing a region-specific freshwater wetlands and intertidal assessment tool and credit-debit method for use by Seal Trust, regulatory agencies, natural resource professionals, communities, and developers throughout Southeast Alaska's coastal rainforest. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $82,171 | ExpenseAmt |
| Revenue | $145,042 | RevenueAmt |
| Desc | Land Conservation - In 2015, Seal Trust successfully completed one conservation easement project and four fee simple acquisitions, totaling 147 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. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $61,539 | ExpenseAmt |
| Revenue | -$13,091 | RevenueAmt |
| Desc | Stewardship - As of the end of 2015, Seal Trust has protected 30 properties consisting of 3,459 acres, located in Juneau, Admiralty Island, Excursion Inlet, Farragut Bay, Haines, Kake, and Sitka. Stewardship includes management of 14 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. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $342,912 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | Yes (true) | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (true) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 4 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 7 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 0 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Org Filed In Lieu Of Form1041 | false | OrgFiledInLieuOfForm1041Ind |
| Licensed More Than One State | false | LicensedMoreThanOneStateInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
| Other | Yes (X) | OtherInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Allison Gillum | PersonNm |
| Phone | 9075863100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 119 Seward Street Suite 2 | AddressLine1Txt |
| City | Juneau | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99801 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| Alex Wertheimer | |||||||
| President | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Brock Tabor | |||||||
| Vice President | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Melinda Lamb | |||||||
| Secretary | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Jay Nelson | |||||||
| Treasurer | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Pat Harris | |||||||
| Member | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Katharine Heumann | |||||||
| Member | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Adelaide Johnson | |||||||
| Member | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Mike Mauseth | |||||||
| Member | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Steve Moseley | |||||||
| Member | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Frank Rue | |||||||
| Member | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Kim Smith | |||||||
| Member | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Nancy Waterman | |||||||
| Member | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Allison Gillum | |||||||
| Executive Dir. | 40.00 | 0.00 | Yes (X) | $59,172 | $0 | $1,840 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $59,172 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $1,840 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $274,755 | GovernmentGrantsAmt |
| All Other Contributions | $60,924 | AllOtherContributionsAmt |
| Total Contributions | $335,679 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | In-lieu Fees | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $104,232 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $104,232 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $104,232 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $64,740 | TotalRevenueColumnAmt |
| Exclusion | $64,740 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $314,428 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $291,477 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $22,951 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,951 | TotalRevenueColumnAmt |
| Exclusion | $22,951 | ExclusionAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $527,602 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $104,232 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $87,691 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,172 | TotalAmt |
| Program Services | $45,443 | ProgramServicesAmt |
| Management And General | $8,551 | ManagementAndGeneralAmt |
| Fundraising | $5,178 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,297 | TotalAmt |
| Program Services | $66,274 | ProgramServicesAmt |
| Management And General | $12,470 | ManagementAndGeneralAmt |
| Fundraising | $7,553 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,270 | TotalAmt |
| Program Services | $2,511 | ProgramServicesAmt |
| Management And General | $473 | ManagementAndGeneralAmt |
| Fundraising | $286 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,432 | TotalAmt |
| Program Services | $1,099 | ProgramServicesAmt |
| Management And General | $205 | ManagementAndGeneralAmt |
| Fundraising | $128 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,341 | TotalAmt |
| Program Services | $9,478 | ProgramServicesAmt |
| Management And General | $1,783 | ManagementAndGeneralAmt |
| Fundraising | $1,080 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,556 | TotalAmt |
| Program Services | $1,556 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,425 | TotalAmt |
| Program Services | $6,515 | ProgramServicesAmt |
| Management And General | $2,105 | ManagementAndGeneralAmt |
| Fundraising | $805 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,374 | TotalAmt |
| Program Services | $15,374 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,914 | TotalAmt |
| Program Services | $152,897 | ProgramServicesAmt |
| Management And General | $8 | ManagementAndGeneralAmt |
| Fundraising | $9 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $225 | TotalAmt |
| Program Services | $117 | ProgramServicesAmt |
| Management And General | $46 | ManagementAndGeneralAmt |
| Fundraising | $62 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,131 | TotalAmt |
| Program Services | $10,699 | ProgramServicesAmt |
| Management And General | $1,689 | ManagementAndGeneralAmt |
| Fundraising | $743 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,118 | TotalAmt |
| Program Services | $16,090 | ProgramServicesAmt |
| Management And General | $28 | ManagementAndGeneralAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,448 | TotalAmt |
| Program Services | $3,738 | ProgramServicesAmt |
| Management And General | $454 | ManagementAndGeneralAmt |
| Fundraising | $256 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Land transactions & management | $4,743 | $4,743 | ||
| Supplies | $2,204 | $1,983 | $92 | $129 |
| Fundraising Expenses | $1,978 | $209 | $1,769 | |
| Dues and Subscriptions | $1,638 | $1,032 | $411 | $195 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,699 | TotalAmt |
| Program Services | $3,154 | ProgramServicesAmt |
| Management And General | $1,466 | ManagementAndGeneralAmt |
| Fundraising | $1,079 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $391,965 | TotalAmt |
| Program Services | $342,912 | ProgramServicesAmt |
| Management And General | $29,781 | ManagementAndGeneralAmt |
| Fundraising | $19,272 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,923 | BOYAmt |
| EOY | $39,720 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,181,574 | BOYAmt |
| EOY | $812,743 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $5,416 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $486,708 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,130 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $800,578 | BOYAmt |
| EOY | $480,578 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,841,140 | BOYAmt |
| EOY | $5,941,230 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,866,215 | BOYAmt |
| EOY | $7,279,687 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,129 | BOYAmt |
| EOY | $5,416 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $11,483 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,129 | BOYAmt |
| EOY | $16,899 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,267,897 | BOYAmt |
| EOY | $803,873 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,581,189 | BOYAmt |
| EOY | $6,458,915 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,849,086 | BOYAmt |
| EOY | $7,262,788 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,866,215 | BOYAmt |
| EOY | $7,279,687 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $135,637 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$59,954 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$661,981 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (true) | AccountantCompileOrReviewInd |
Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | false | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $144,875 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $69,324 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $116,773 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $162,329 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $335,679 | CurrentTaxYearAmt |
| Total | $828,980 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $144,875 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $69,324 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $116,773 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $162,329 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $335,679 | CurrentTaxYearAmt |
| Total | $828,980 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $0 | SubstantialContributorsTotAmt |
| Public Support Total170 | $828,980 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $42,191 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $49,950 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $48,466 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $62,261 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $64,740 | CurrentTaxYearAmt |
| Total | $267,608 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $164 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,951 | CurrentTaxYearAmt |
| Total | $23,143 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,119,731 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $3,728,289 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.74030 | PublicSupportCY170Pct |
| Public Support PY170 | 0.69950 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preservation Public Use | Yes (X) | PreservationPublicUseInd |
| Protection Natural Habitat | Yes (X) | ProtectionNaturalHabitatInd |
| Preservation Open Space | Yes (X) | PreservationOpenSpaceInd |
| Total Easements | 15 | TotalEasementsCnt |
| Total Acreage | 32 | TotalAcreageCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | Yes (true) | WrittenPolicyMonitoringInd |
| Staff Hours Spent Enforcement | 97 | StaffHoursSpentEnforcementCnt |
| Expenses Incurred Enforcement | $29,623 | ExpensesIncurredEnforcementAmt |
| Section170h Rqr Stsfd | false | Section170hRqrStsfdInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $964,297 | BeginningYearBalanceAmt |
| Contributions | $226,452 | ContributionsAmt |
| Investment Earnings Or Losses | -$13,091 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $41,563 | OtherExpendituresAmt |
| Administrative Expenses | $10,631 | AdministrativeExpensesAmt |
| End Year Balance | $1,125,464 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $866,136 | BeginningYearBalanceAmt |
| Contributions | $99,208 | ContributionsAmt |
| Investment Earnings Or Losses | $36,695 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $28,447 | OtherExpendituresAmt |
| Administrative Expenses | $9,295 | AdministrativeExpensesAmt |
| End Year Balance | $964,297 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $578,099 | BeginningYearBalanceAmt |
| Contributions | $206,943 | ContributionsAmt |
| Investment Earnings Or Losses | $95,531 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $7,960 | OtherExpendituresAmt |
| Administrative Expenses | $6,477 | AdministrativeExpensesAmt |
| End Year Balance | $866,136 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $444,138 | BeginningYearBalanceAmt |
| Contributions | $102,333 | ContributionsAmt |
| Investment Earnings Or Losses | $58,231 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $21,912 | OtherExpendituresAmt |
| Administrative Expenses | $4,691 | AdministrativeExpensesAmt |
| End Year Balance | $578,099 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $313,523 | BeginningYearBalanceAmt |
| Contributions | $145,481 | ContributionsAmt |
| Investment Earnings Or Losses | $6,290 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $16,842 | OtherExpendituresAmt |
| Administrative Expenses | $4,314 | AdministrativeExpensesAmt |
| End Year Balance | $444,138 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 1.00000 | BoardDesignatedBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | false | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $480,000 | OtherCostOrOtherBasisAmt |
| Book Value | $480,000 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,708 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,130 | DepreciationAmt |
| Book Value | $578 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $480,578 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Accrued Payroll Liabilities | $4,005 |
| Accrued Annual Leave | $1,732 |
| Other Liabilities | $5,746 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $11,483 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | -$194,333 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$59,954 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$661,981 | OtherRevenueAmt |
| Revenue Not Reported | -$721,935 | RevenueNotReportedAmt |
| Revenue Subtotal | $527,602 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $527,602 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $391,965 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $391,965 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $391,965 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part II, Line 9: Organization Reporting of conservation easements. | SEAL 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 SEAL 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 those interests, and consistent with the practices followed by many environmental land trusts, SEAL Trust's financial statements do not include any amounts for these property interests. |
| Part V, Line 4: Intended uses of the endowment fund. | SEAL Trust's Stewardship Fund is available to monitor and defend, equally and to the fullest extent our resources allow, the terms of the conservation easements, deed restrictions, or management of the fee-simple properties SEAL Trust holds. SEAL Trust may only withdraw funds to pay for the expenses of stewardship monitoring and enforcement (Ie, routine or special monitoring, preventative measures, or compliance enforcement) and only in the amount which covers the actual costs of the stewardship responsibilities.On July 27, 2015, SEAL Trust received $23,048.71 from Edgar J. Huizer's life insurance policy. SEAL Trust was informed that it should expect additional funds from Edgar J. Huizer's estate once the estate was settled after his death. The estate was settled in May of 2016 and, therefore, the additional amount is not relevant to this 990. All funds received were unrestricted. During its October 2015 board meeting, the SEAL Trust Board decided to create an endowment, called the Southeast Alaska Land Trust Endowment, with the funds (and expected additional funds). The stated purpose of this endowment is:"Southeast Alaska Land Trust Endowment, held and managed as an endowment for the purpose of supporting SEAL Trust's mission, including the full range of general operations. Each year the Finance Committee will determine a percent of value pay-out, ranging from 3-5%, commensurate with the investment's performance." |
| Part X : FIN48 Footnote | The SEAL Trust is a nonprofit organization exempt from federal taxes under the provisions of Internal Revenue Service Code Section 501(c)(3). The SEAL Trust follows the provisions of FASB ASC 740, Income Taxes, and management believes that it has appropriate support for any tax positions taken, management is not aware of any uncertain tax positions. 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. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Pat Harris | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Former board member | RelationshipDescriptionTxt |
| Transaction | $30,263 | TransactionAmt |
| Transaction | Project consultant | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et | Michael Hekkers (employee) married to Adelaide Johnson (Board Member) |
| Form 990, Part VI, Line 11b: Form 990 Review Process | Return is reviewed by one or more officers before filing. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | 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 montored at regular board meetings. |
| Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection | The organization makes its forms 1023 and 990 available to the public upon request. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | These documents are held on file at the Southeast Alaska Land Trust Office. They are available to the public upon request. |
| Other Changes In Net Assets Or Fund Balances - Other Increases | Donated land costs capitalized = $350119 |
| Other Changes In Net Assets Or Fund Balances - Other Decreases | Change in Value of Land Holdings (Impairment) = -$1012100 |
Comments