2015-06-11T14:51:10-05:00 2014-12-31 431985162 SMITH SULLIVAN & BROWN PC 80 FLANDERS ROAD - SUITE 200 WESTBOROUGH MA 01581 990 2014-01-01 046042565 LINCOLN LAND CONSERVATION TRUST LINC 7812599250 PO BOX 10 LINCOLN MA 01773 WILLIAM G CONSTABLE PRESIDENT 7812599250 2015-06-11 1 MAUREEN L SULLIVAN CPA P00296843 5088717178 2015-06-11 2014 2016-02-25 16:41:14Z WILLIAM G CONSTABLE PO BOX 10 LINCOLN MA 01773 177941 0 X WWW.LINCOLNCONSERVATION.ORG X 1957 MA TO PRESERVE THE RURAL CHARACTER OF LINCOLN, TO ACQUIRE AND MAINTAIN UNDEVELOPED LANDS IN TOWN, TO DEVELOP TRAILS THEREIN, TO ESTABLISH SOUND CONSERVATION PRACTICES, AND TO ENCOURAGE PRESERVATION, ENJOYMENT, EDUCATION AND SCIENTIFIC STUDY OF LINCOLN'S NATURAL AREAS. 17 17 3 25 0 0 84918 145234 9100 6740 8569 9496 3605 3078 106192 164548 0 0 0 0 43007 42300 0 0 32160 28569 92969 71576 135269 34616 29279 659820 698795 2085 2353 657735 696442 TO PRESERVE THE RURAL CHARACTER OF LINCOLN, TO ACQUIRE AND MAINTAIN UNDEVELOPED LANDS IN TOWN, TO DEVELOP TRAILS THEREIN, TO ESTABLISH SOUND CONSERVATION PRACTICES, AND TO ENCOURAGE PRESERVATION, ENJOYMENT, EDUCATION AND SCIENTIFIC STUDY OF LINCOLN'S NATURAL AREAS. 0 0 27108 0 6740 PROGRAM SERVICE: EDUCATIONMAILED TO ALL TOWN RESIDENTS: (1) A NEWSLETTER WITH EDUCATIONAL INFORMATION CONCERNING CONSERVATION LAND, CONSERVATION PRACTICES, AND CONSERVATION RESOURCES; AND (2) NOTICE OF THE ANNUAL MEETING AND EDUCATIONAL LECTURE. WROTE A MONTHLY WILDLIFE COLUMN FOR THE LOCAL NEWSPAPER. PLANNED AND PUBLICIZED NATURAL HISTORY WALKS AND TALKS ON CONSERVATION ISSUES. HOSTED A CONSERVATION FILM SERIES. 42799 0 0 PROGRAM SERVICES: STEWARDSHIP OF CONSERVATION LAND, CONSERVATION EASEMENTS AND TRAILSPROVIDED ANNUAL MAINTENANCE OF 40 MILES OF PUBLICLY ACCESSIBLE TRAILS AND APPROXIMATELY 500 ACRES OF LAND, INCLUDING TRAIL MARKING, MAINTAINING BRIDGES, MOWING, CLEARING FIELD EDGES, AND INVASIVE PLANT CONTROL. MONITORED CONSERVATION RESTRICTIONS AND DEEDED CONSERVATION LAND. RAISED AND RELEASED GALERUCELLA BEETLES FOR THE CONTROL OF INVASIVE PURPLE LOOSESTRIFE. 11115 0 0 PROGRAM SERVICE: ACQUISITIONRECORDED TWO NEW CONSERVATION DEEDS TOTALING 8 ACRES. EXPLORED OPPORTUNITIES FOR ACQUIRING TRAIL EASEMENTS FOR BOTH NEW AND EXISTING UNPROTECTED TRAILS. SUCCESSFULLY NEGOTIATED 3 TRAIL EASEMENTS TO THE TOWN OF LINCOLN CONSERVATION COMMISSION FOR AN IMPORTANT EXISTING TRAIL AND PROVIDED THE REQUIRED SURVEY PLAN. THE EASEMENTS WILL BE RECORDED IN 2015. 81022 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 1 4 0 3 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X X GEOFF MCGEAN 7812599250 PO BOX 10 LINCOLN MA 01773 SUSAN ALLEN TRUSTEE 1.00 1.00 X 0 0 0 KENNETH BASSETT TRUSTEE 1.00 1.00 X 0 0 0 WILLIAM CONSTABLE PRESIDENT 5.00 1.00 X X 0 0 0 DANIEL ENGLAND TRUSTEE 1.00 1.00 X 0 0 0 ANDREW FALENDER TRUSTEE 1.00 1.00 X 0 0 0 JAMES HENDERSON VICE-CHAIR 1.00 1.00 X X 0 0 0 WESTON HOWLAND III TREASURER 1.00 1.00 X X 0 0 0 SUSAN KLEM TRUSTEE 1.00 1.00 X 0 0 0 GWYNETH LOUD TRUSTEE 2.00 1.00 X 0 0 0 ELLEN MEADORS VICE-TREASURER 10.00 4.00 X X 0 0 0 RACHEL MUNN TRUSTEE 1.00 1.00 X 0 0 0 PAUL SHORB CHAIR 2.00 1.00 X X 0 0 0 NANCY SOULETTE SECRETARY 1.00 1.00 X X 0 0 0 ANDREW STEVENSON TRUSTEE 1.00 1.00 X 0 0 0 SUSAN WELSH TRUSTEE 1.00 1.00 X 0 0 0 MEGHAN LYTTON TRUSTEE 2.00 1.00 X 0 0 0 ANDREW GNAZZO TRUSTEE 1.00 1.00 X 0 0 0 GEOFF MCGEAN EXECUTIVE DIRECTOR 12.00 28.00 X 0 110000 21480 0 110000 21480 0 0 0 0 0 66040 11700 67494 145234 TRAIL MAP 511130 2396 2396 BOOK: THE NATURE OF L 511130 1301 1301 2015 NATURE CALENDAR 511130 1224 1224 OTHER PROGRAM SERVICE 511130 992 992 BOOK: TRAIL GUIDE 511130 827 827 6740 9496 9496 12981 11700 13152 -171 -171 3490 241 3249 3249 164548 6740 0 12574 39131 22553 6857 9721 3169 1698 471 1000 7151 161 4132 2858 54651 27326 8744 18581 1883 1883 PROGRAM SUPPLIES AND AC 19284 19284 CONSERVATION PROJECT EX 10000 10000 135269 81022 22087 32160 69954 68030 65248 20552 2804 84 8602 513212 610129 659820 698795 2085 2353 2085 2353 X 491447 540154 166288 156288 657735 696442 659820 698795 X 29279 17730 -8302 X 0 1 X 1 0 X 26063 37195 54724 85241 145234 348457 26063 37195 54724 85241 145234 348457 19201 329256 2360 3029 11022 8568 9496 34475 382932 71722 0.85980 0.72000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X X 86 571.00 2 2 0 1 1 150.00 4710 1 X X X X PUBLIC RECREATION & EDUCATION 0 0 X PART II, LINE 9: THE VALUE OF CONSERVATION EASEMENTS IS NOT REPORTED IN THE ORGANIZATION'S REVENUE AND EXPENSE STATEMENT. THE TEXT OF THE FOOTNOTE TO THE ORGANIZATION'S FINANCIAL STATEMENTS THAT DESCRIBES THE ORGANIZATION'S ACCOUNTING FOR CONSERVATION EASEMENTS IS GIVEN BELOW. PART III, LINE 1A: COLLECTIONS - CONSERVATION LAND AND CONSERVATION EASEMENTS: LLCT OWNS LAND, CONSERVATION EASEMENTS AND TRAIL EASEMENTS IN SUPPORT OF ITS CHARITABLE PURPOSE. BECAUSE THESE ASSETS MEET THE CONDITIONS OF A COLLECTION UNDER FASB ACCOUNTING STANDARDS CODIFICATION , THE ACQUISITION OF LAND AND EASEMENTS THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. IF LAND OR CONSERVATION EASEMENTS ARE PURCHASED, THE COSTS ARE REPORTED AS A DECREASE IN THE APPROPRIATE CLASS OF NET ASSETS. IF LAND OR CONSERVATION EASEMENTS ARE SOLD, THE PROCEEDS ARE REPORTED AS AN INCREASE IN THE APPROPRIATE CLASS OF NET ASSETS. CONSERVATION EASEMENTS DONATED TO THE ORGANIZATION HAVE NO MARKET VALUE IN THE HANDS OF THE ORGANIZATION AND ARE NOT RECOGNIZED IN THE COMBINING FINANCIAL STATEMENTS. THESE ASSETS ARE SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER COLLECTION ITEMS. STEWARDSHIP POLICIES REGARDING THESE ASSETS INCLUDE PREPARING BASELINE DOCUMENTATION FOR ALL NEW CONSERVATION LAND AND CONSERVATION EASEMENTS; MONITORING ALL DEEDED CONSERVATION LAND AND CONSERVATION EASEMENTS AT LEAST ONCE PER YEAR, AND RESOLVING MINOR CONCERNS AS WELL AS MORE SERIOUS VIOLATIONS; CLEARING ALL TRAILS AT LEAST ONCE PER YEAR; AND MANAGEMENT OF DEEDED LAND, AS REQUIRED. EXPENSES TO INSPECT AND MAINTAIN EASEMENTS AND CONSERVATION LANDS ARE SHOWN AS PART OF STEWARDSHIP EXPENSES IN THE ACCOMPANYING COMBINING STATEMENT OF FUNCTIONAL EXPENSES. PART III, LINE 4: THE ORGANIZATION OWNED 517 ACRES OF LAND IN THE TOWNS OF LINCOLN AND CONCORD, MASSACHUSETTS, A TOTAL OF 77 PARCELS. IT ALSO HELD CONSERVATION EASEMENTS ON 571 ACRES AS REPORTED IN PART II. THESE PROPERTIES AND EASEMENTS ARE HELD IN DIRECT SUPPORT OF THE ORGANIZATION'S EXEMPT PURPOSES AS STATED IN OUR MISSION STATEMENT. THE LINCOLN LAND CONSERVATION TRUST (LLCT) EXISTS TO PRESERVE THE RURAL CHARACTER OF LINCOLN, TO ACQUIRE AND MAINTAIN UNDEVELOPED LAND IN TOWN, TO DEVELOP TRAILS THEREIN, TO ESTABLISH SOUND CONSERVATION PRACTICES, AND TO ENCOURAGE PRESERVATION, ENJOYMENT, EDUCATION AND SCIENTIFIC STUDY OF LINCOLN'S NATURAL AREAS. PART X, LINE 2: TAX POSITION: THE ORGANIZATION CURRENTLY EVALUATES ALL TAX POSITIONS, AND MAKES A DETERMINATION REGARDING THE LIKELIHOOD OF THOSE POSITIONS BEING UPHELD UNDER REVIEW. THE PRIMARY TAX POSITIONS MADE BY THE ORGANIZATION ARE THE EXISTENCE OF UNRELATED BUSINESS INCOME TAX AND THE ORGANIZATION'S STATUS AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. FOR THE YEAR PRESENTED, THE ORGANIZATION HAS NOT RECOGNIZED ANY TAX BENEFITS OR LOSS CONTINGENCIES FOR UNCERTAIN TAX POSITIONS BASED ON THIS EVALUATION. ALL TAX PERIODS PRIOR TO 2011 ARE NO LONGER SUBJECT TO EXAMINATION BY TAX AUTHORITIES. ROAD RACE 24681 11700 12981 467 12685 24681 11700 12981 467 12685 13152 -171 JAMES HENDERSON BOARD MEMBER IS OWNER OF COMPANY 10073 CONTRACTED SERVICES FOR PLANT REMOVAL 0 X 2 0 FAIR MARKET VALUE 0 1 0 PART I, LINE 33: THE ORGANIZATION RECEIVED TWO PARCELS OF LAND. THE VALUE IS ESTIMATED TO BE EQUAL TO THE 2014 REAL ESTATE ASSESSMENT. THE ORGANIZATION TREATS CONSERVATION LAND AS A COLLECTION AND DOES NOT REPORT ITS VALUE IN ITS REVENUE STATEMENT AND BALANCE SHEET. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBERS ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B AN AMENDMENT TO THE DECLARATION OF TRUST PROPOSED BY THE GOVERNING BODY MUST BE APPROVED BY A MAJORITY VOTE OF THE ORGANIZATION'S MEMBERS TAKEN AT AN ANNUAL OR SPECIAL MEETING WHERE A QUORUM OF AT LEAST 7 MEMBERS IS PRESENT. THE TRUST MAY ONLY BE TERMINATED BY A MAJORITY VOTE OF ALL ITS MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS PROVIDED TO A COMMITTEE OF THE GOVERNING BODY FOR REVIEW AND APPROVAL, WITH A COPY PROVIDED TO THE ENTIRE GOVERNING BODY BEFORE FILING THE FORM. THE RETURN IS ALWAYS AVAILABLE TO ALL MEMBERS OF THE GOVERNING BODY TO REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ALL POTENTIAL CONFLICTS OF INTEREST ARE REPORTED TO THE CHAIRMAN OR ANOTHER TRUSTEE. THE CHAIRMAN OR TRUSTEE BRINGS THE SITUATION TO THE ATTENTION OF THE BOARD OF TRUSTEES. THE BOARD DETERMINES WHETHER A CONFLICT EXISTS, AND IF A CONFLICT IS DETERMINED TO EXIST, THE APPROPRIATE RESOLUTION. THE BOARD OF TRUSTEES RESOLVES SUCH QUESTIONS BY VOTE OF A MAJORITY OF THE MEMBERS PRESENT AND VOTING. IF THE CONFLICTED PARTY IS A TRUSTEE, SUCH TRUSTEE IS EXCLUDED FROM THE DELIBERATIONS AND VOTE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST TO THE ORGANIZATION. FORM 990, PART XI, LINE 9: INVENTORY VALUATION ADJUSTMENT -8,302. RURAL LAND FOUNDATION OF LINCOLN PO BOX 10 LINCOLN MA 01773 046132391 LAND PROTECTION MA 501(C)(3) LINE 11A, I LLCT 1 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 RURAL LAND FOUNDATION OF LINCOLN C 98651 BOARD APPROVED RURAL LAND FOUNDATION OF LINCOLN K 54651 BOARD APPROVED