2016-10-12T11:39:01-07:00 2015-12-31 Altman Rogers & Company 425 G Street Suite 800 Anchorage AK 99501 990 2015-01-01 920156402 Southeast Alaska Land Trust SOUT 9075863100 119 Seward Street Juneau AK 99801 Jay Nelson Treasurer 2016-10-11 true Tom J Domagala CPA P00122688 9072742992 2015 2017-02-10 21:41:12Z Allison Gillum 119 Seward Street Ste 2 Juneau AK 99801 819079 false false X www.southeastalaskalandtrust.org X 1995 AK 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. 12 12 7 10 0 162329 335679 965735 104232 62261 87691 16 0 1190341 527602 0 0 159138 162512 0 19272 229163 229453 388301 391965 802040 135637 7866215 7279687 17129 16899 7849086 7262788 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. false false 199202 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. 82171 145042 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. 61539 -13091 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. 342912 true true false false false false true false false true true false false false true true false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false true 4 0 true 7 true false false false false false false false false 0 false false false false false false false false false false X 12 12 true false false false false false false true true false false false true true true true true false false false X X X Allison Gillum 9075863100 119 Seward Street Suite 2 Juneau AK 99801 Alex Wertheimer President 1.00 0.00 X X 0 0 0 Brock Tabor Vice President 1.00 0.00 X X 0 0 0 Melinda Lamb Secretary 1.00 0.00 X X 0 0 0 Jay Nelson Treasurer 1.00 0.00 X X 0 0 0 Pat Harris Member 1.00 0.00 X 0 0 0 Katharine Heumann Member 1.00 0.00 X 0 0 0 Adelaide Johnson Member 1.00 0.00 X 0 0 0 Mike Mauseth Member 1.00 0.00 X 0 0 0 Steve Moseley Member 1.00 0.00 X 0 0 0 Frank Rue Member 1.00 0.00 X 0 0 0 Kim Smith Member 1.00 0.00 X 0 0 0 Nancy Waterman Member 1.00 0.00 X 0 0 0 Allison Gillum Executive Dir. 40.00 0.00 X 59172 0 1840 59172 1840 0 false false false 0 274755 60924 335679 In-lieu Fees 900099 104232 104232 104232 64740 64740 0 0 0 314428 291477 22951 22951 22951 0 0 0 0 527602 104232 87691 X 0 0 0 0 59172 45443 8551 5178 0 86297 66274 12470 7553 3270 2511 473 286 1432 1099 205 128 12341 9478 1783 1080 0 1556 1556 9425 6515 2105 805 0 0 15374 15374 152914 152897 8 9 225 117 46 62 0 0 0 13131 10699 1689 743 16118 16090 28 0 0 0 0 0 4448 3738 454 256 Land transactions & management 4743 4743 Supplies 2204 1983 92 129 Fundraising Expenses 1978 209 1769 Dues and Subscriptions 1638 1032 411 195 5699 3154 1466 1079 391965 342912 29781 19272 42923 39720 2181574 812743 5416 0 0 0 0 0 0 486708 6130 800578 480578 4841140 5941230 0 0 0 0 7866215 7279687 17129 5416 11483 17129 16899 X 1267897 803873 6581189 6458915 7849086 7262788 7866215 7279687 X 135637 -59954 -661981 X true X false true false X 144875 69324 116773 162329 335679 828980 0 0 144875 69324 116773 162329 335679 828980 0 828980 42191 49950 48466 62261 64740 267608 0 164 12 16 22951 23143 1119731 3728289 0.74030 0.69950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 15 32 1 true 97 29623 false 964297 226452 -13091 41563 10631 1125464 866136 99208 36695 28447 9295 964297 578099 206943 95531 7960 6477 866136 444138 102333 58231 21912 4691 578099 313523 145481 6290 16842 4314 444138 1.00000 false false false 480000 480000 6708 6130 578 480578 Accrued Payroll Liabilities 4005 Accrued Annual Leave 1732 Other Liabilities 5746 11483 X -194333 -59954 -661981 -721935 527602 527602 391965 391965 391965 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. Pat Harris Former board member 30263 Project consultant false 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