2015-11-12T07:49:17-06:00 2014-12-31 203985546 JOHNSON O'CONNOR FERON & CARUCCI LLP 101 EDGEWATER DRIVE SUITE 210 WAKEFIELD MA 01880 990 2014-01-01 046060602 ANDOVER VILLAGE IMPROVEMENT SOCIETY ANDO 6172390303 PO BOX 5097 ANDOVER MA 018100823 MATTHEW C DALLETT TREASURER 6172390303 2015-11-10 1 Michael J Hartnett P00194673 7819143400 2015-11-09 2014 2016-02-25 16:41:14Z MICHAEL P TIMKO PO BOX 5097 ANDOVER MA 018100823 151023 0 X www.avisandover.org X 1915 MA AVIS is a non-profit land trust dedicated to a) acquiring land and preserving it in its natural state, and b) encouraging public use and quiet enjoyment of the reservations. 15 15 0 60 0 0 519740 86121 2230 2550 14213 32103 1055 1528 537238 122302 0 0 0 0 0 0 0 0 2854 43063 59534 43063 59534 494175 62768 5348659 5409252 5929 6000 5342730 5403252 AVIS is a non-profit land trust dedicated to a) acquiring land and preserving it in its natural state, and b) encouraging public use and quiet enjoyment of the reservations. 0 0 17600 0 Expenses involved in maintaining reservations, including upkeep of trails, fields, woodlands, and wetlands; removing hazardous trees; mowing; snowplowing; and clearing trash, benefiting all persons using and viewing the reservations, as well as expenses of purchasing and renting equipment, tools and supplies for use in the foregoing activities. 5802 0 Expense of major improvements to reservations, including building bridges and boardwalks over wetlands, facilitating passage and use by all persons using the reservations. 4018 0 Expenses of educating the public about the organization's resources and activities and/or improving the public's experience with the organization, including publishing newsletter; printing and distributing resource materials; and maintaining interactions with similar organizations. 27420 1 1 0 0 0 0 1 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 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 0 1 1 0 0 1 1 0 1 0 1 1 0 0 MA X X MATTHEW C DALLETT 6172390303 PO BOX 5097 ANDOVER MA 018100823 X MICHAEL P TIMKO PRESIDENT 10.00 X X 0 0 0 JOHN P HESS VICE-PRESIDENT 10.00 X X 0 0 0 KAY BERTHOLD FRISHMAN CLERK 3.00 X X 0 0 0 MATTHEW C DALLETT TREASURER 8.00 X X 0 0 0 FREDERICK E SNELL TRUSTEE 4.00 X 0 0 0 DAVID S DOUB TRUSTEE 10.00 X 0 0 0 ALIX DRISCOLL TRUSTEE 2.00 X 0 0 0 AMY JANOVSKY TRUSTEE 5.00 X 0 0 0 DENISE BOUCHER TRUSTEE 2.00 X 0 0 0 FLOYD GREENWOOD TRUSTEE 2.00 X 0 0 0 KIM DAVIDSON TRUSTEE 4.00 X 0 0 0 ELIZABETH REED POLAND TRUSTEE 2.00 X 0 0 0 SUSAN G STOTT TRUSTEE 10.00 X 0 0 0 ROBERT CIAMPA TRUSTEE 1.00 X 0 0 0 JAMES SUTTON TRUSTEE 2.00 X 0 0 0 0 0 0 0 0 0 0 0 24560 61561 86121 Annual Meeting Tickets 900099 2550 2550 2550 31996 31996 28421 28314 107 107 107 1935 407 1528 1528 122302 4185 0 31996 6070 6070 17758 5298 9659 2801 1217 1217 4254 4254 4273 4273 8789 8789 Land Maintenance 7685 7685 RESERVATION IMPROVEMENT 5802 5802 TAXES 915 915 Equipment Purchases 829 829 1942 1401 488 53 59534 27420 29260 2854 136580 59316 2114 2466 860 1127 4935416 18659 4915230 4916757 293875 429586 5348659 5409252 5929 6000 5929 6000 X 979143 1017209 78142 98465 4285445 4287578 5342730 5403252 5348659 5409252 62768 -2246 0 X 1 X 0 0 0 X 98421 73005 119371 154260 86121 531178 98421 73005 119371 154260 86121 531178 61568 469610 3541 3264 5245 13821 31996 57867 2595 3559 -732 3286 4430 13138 602183 0.77980 0.77510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 2 3.00 1 0 1.00 0 0 223463 6712 15744 245919 119400 86649 17414 223463 85645 27984 5771 119400 58261 27984 -600 85645 5771 49577 2913 58261 0.00000 0.40040 0.59960 0 0 4880216 4880216 55200 18659 36541 4916757 Part II, Line 3: THE EASEMENTS WERE RECEIVED AS A GIFT AT NO COST. THEREFORE NO VALUE WAS REPORTED FOR EASEMENTS ON LAND. THERE IS NO SEPARATE ACCOUNTING. Form 990, Part VI, Section A, line 6 The organization has a single class of members who have the right to vote for the election of the organization's Trustees (governing body) annually. Form 990, Part VI, Section A, line 7a The organization has a single class of members who have the right to vote for the election of the organization's Trustees (governing body) annually. Form 990, Part VI, Section B, line 11 The Treasurer distributed the Form 990 to the trustees and discussed any questions or comments they had. Form 990, Part VI, Section B, line 12c In connection with each material transaction, the organization ascertains whether any Trustee or key employee has a conflict of interest and, if so, the organization would comply with the conflict of interest policy. Form 990, Part VI, Section B, line 15a The organization has a rental arrangement with respect to a small house it owns at 491 South Main Street, Andover, Mass. The house is adjacent to one of the organization's largest reservations (conservation land). Effective January 2012, the rent was set at $686 per month, or $8,232 per year, under a three-year rental agreement covering 2012-2014. The tenant is David Dargie, who was an employee of the organization during this period. Under the rental arrangement, Mr. Dargie provides in-kind services in payment of the rental obligation, for which purpose his labor was credited during 2014 at $53/hr. The labor Mr. Dargie performs is skilled land conservation work, the particulars of which are determined and overseen by the organization's land management committee. In addition, as a condition of the rental arrangement, Mr. Dargie is required to be available, including at night, to perform without additional compensation a number of important management, supervisory, and membership duties with respect to the adjacent reservation that can only be performed by someone living on-site. The organization had previously determined that the total amount of the rent charged was not less than the fair market value of the property by obtaining opinions from local, rental real estate brokers, and it updated those opinions with three local, rental real estate brokers as of the end of 2012. Factors that affected the fair market value determination, among others, included (a) local rental rates, (b) the very small size of the house, (c) the additional, uncompensated duties required of the tenant, and (d) the fact that the organization reserves the rights to and does (i) use a portion of the house for storage, (ii) use the grounds of the property for parking and other organizational uses, and (iii) have access to the premises at all times, thus limiting the tenant's full usage. The organization determined the fair market value of Mr. Dargie's services by reviewing the rates charged to the organization, to the Town of Andover, to similar land conservation organizations, and to other entities for similar work by other skilled contractors, as well as the rates Mr. Dargie charges other, unaffiliated persons for his services. In finding that the rate to be credited to Mr. Dargie for his in-kind contribution is not greater than fair market value for his services, the trustees also considered a number of additional benefits received by the organization from having these services performed by Mr. Dargie rather than others. In addition, the organization compared the arrangement with similar arrangements undertaken by one of Massachusetts' largest land conservation entities and the Massachusetts affiliate of a national environmental organization and determined that the instant arrangement was at least as favorable to the organization as those other ones. The trustees of the organization, all of whom are disinterested, unanimously approved the rental arrangement at a meeting after full disclosure and discussion of all the pertinent details of the arrangement and of the fair market value determinations made by the organization with respect to both the rental value of the house and the value of the services Mr. Dargie provides in kind. The trustees' approval, and the basis therefor, was recorded in the organization's minutes. Form 990, Part VI, Section C, line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.