2015-11-16T13:08:13-06:00 2014-12-31 232108173 REINSEL KUNTZ LESHER LLP PO BOX 8408 LANCASTER PA 176048408 990 2014-01-01 204233446 LANCASTER FARMLAND TRUST LANC 7176878484 125 LANCASTER AVE STRASBURG PA 17579 KAREN L MARTYNICK EXECUTIVE DIRECTOR 7176878484 2015-11-12 1 JAMES G CASSEL CPA P01750495 7173945666 2015-11-10 2014 2016-02-25 16:41:14Z KAREN L MARTYNICK 125 LANCASTER AVE STRASBURG PA 17579 4855094 0 X WWW.LANCASTERFARMLANDTRUST.ORG X 1988 PA LANCASTER FARMLAND TRUST PERMANENTLY PRESERVES AND PROTECTS PRODUCTIVE AGRICULTURAL LAND; PROMOTES GOOD STEWARDSHIP OF THE LAND TO ENHANCE AND IMPROVE THE ENVIRONMENT; AND SUPPORTS PUBLIC POLICY, LAWS AND ACTIONS THAT ENCOURAGE FARMLAND PRESERVATION AND PROTECTION OF NATURAL RESOURCES. 15 15 14 150 0 0 6262164 3323441 111473 100918 226948 246946 1938 -9689 6602523 3661616 0 0 0 0 666381 733031 0 0 150509 4892761 2298032 5559142 3031063 1043381 630553 4856025 5510142 69204 49834 4786821 5460308 X LANCASTER FARMLAND TRUST PERMANENTLY PRESERVES AND PROTECTS PRODUCTIVE AGRICULTURAL LAND; PROMOTES GOOD STEWARDSHIP OF THE LAND TO ENHANCE AND IMPROVE THE ENVIRONMENT;AND SUPPORTS PUBLIC POLICY, LAWS AND ACTIONS THAT ENCOURAGE FARMLAND PRESERVATION AND PROTECTION OF NATURAL RESOURCES. 0 0 2771730 100918 LANCASTER FARMLAND TRUST PRESERVES AND PROTECTS PRODUCTIVE AGRICULTURAL LAND; PROMOTES GOOD CONSERVATION PRACTICES THROUGH OUTREACH AND EDUCATION AND SUPPORTS AND ENCOURAGES PUBLIC POLICY AND ACTIONS THAT CONTRIBUTE TO FARMLAND PRESERVATION AND GOOD STEWARDSHIP OF THE LAND. DURING 2014, LANCASTER FARMLAND TRUST PERMANENTLY PRESERVED 11 FARMS AND 612 ACRES OF THE MOST PRODUCTIVE, NON-IRRIGATED LAND IN THE UNITED STATES. IN ADDITION, THE TRUST WAS ABLE TO EDUCATE 1,600 FARMERS IN 2014 THROUGH EDUCATIONAL WORKSHOPS TO INSTRUCT FARMERS IN BEST MANAGEMENT PRACTICES, EVENTS, AND INDIVIDUAL FARM VISITS TO PROMOTE GOOD PRACTICES AND ASSIST IN THE IMPLEMENTATION. THE TRUST ALSO PROVIDED EDUCATION AND OUTREACH TO MUNICIPAL OFFICIALS ABOUT POLICIES THAT SUPPORT AGRICULTURE AND PRESERVATION. 2771730 1 1 0 0 0 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 14 0 1 14 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X KAREN MARTYNICK AND DIANNA HENDRICK 7176878484 125 LANCASTER AVENUE STRASBURG PA 17579 JOSEPH V SWEENEY CHAIR 2.00 X X 0 0 0 JAMES LAFFERTY VICE-CHAIR 2.00 X X 0 0 0 CAROLINE S MORTON SECRETARY 2.00 X X 0 0 0 MICHELLE F ATWATER TREASURER 2.00 X X 0 0 0 DARA C BACHMAN ESQ BOARD MEMBER 2.00 X 0 0 0 SUSAN BALDRIGE BOARD MEMBER 2.00 X 0 0 0 R TED BOWERS BOARD MEMBER 2.00 X 0 0 0 DAVID A BRENISER BOARD MEMBER 2.00 X 0 0 0 SAMUEL A GOODLEY JR ESQ BOARD MEMBER 2.00 X 0 0 0 DENNIS M GRIMM BOARD MEMBER 2.00 X 0 0 0 ROBERT M KRASNE BOARD MEMBER 2.00 X 0 0 0 KEN LEWIS BOARD MEMBER 2.00 X 0 0 0 DONALD M ROBINSON BOARD MEMBER 2.00 X 0 0 0 LARRY SHIRK BOARD MEMBER 2.00 X 0 0 0 MELVYN G WENGER BOARD MEMBER 2.00 X 0 0 0 KAREN L MARTYNICK EXECUTIVE DIRECTOR 40.00 X 132308 0 4477 132308 0 4477 1 0 0 0 0 169184 393653 2760604 1656472 3323441 LAND TRUST REIMBURSEMENT PROGRAM 900099 100918 100918 100918 84536 84536 1278360 1115950 162410 162410 162410 16907 169184 72872 -55965 -55965 1580 1099 481 481 5523 3557 1966 1966 MISC. REVENUE-EXCLUDED-990 900099 43829 43829 43829 3661616 100918 0 237257 136786 95750 27357 13679 493419 385238 23604 84577 13538 10690 726 2122 42354 32605 3639 6110 46934 36039 3625 7270 3727 2179 424 1124 22431 16128 3167 3136 33579 31035 14 2530 3983 3704 33 246 22902 15934 1738 5230 14655 10091 2633 1931 7941 6914 476 551 34639 26453 2772 5414 38217 33220 2613 2384 EASEMENT - DONATED 1625048 1625048 EASEMENT - ACQUISITIONS 340582 340582 OUTSIDE SERVICES 42699 35831 2298 4570 BAD DEBT EXPENSE 28046 28046 79583 64289 5659 9635 3031063 2771730 108824 150509 1545 379 907730 1291202 10620 18000 67034 0 2028 870402 270727 612152 599675 3256944 3598858 4856025 5510142 68875 48875 329 959 69204 49834 X 4616822 5391738 169999 68570 4786821 5460308 4856025 5510142 630553 42934 0 X X 0 1 X 1 0 X 5480807 4849755 6328960 6262164 3323441 26245127 5480807 4849755 6328960 6262164 3323441 26245127 89878 26155249 57536 49300 51165 63798 84536 306335 37636 44643 43829 126108 26677570 895268 0.98040 0.98490 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2012 AMOUNT: $ 37,636. 2013 AMOUNT: $ 44,643. 2014 AMOUNT: $ 43,829. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 444 27337.00 6 0 0 1 1 4100.00 202000 60000 60000 695000 191125 503875 57018 45950 11068 58384 33652 24732 599675 OTHER CURRENT LIABILITIES 959 959 X 3709348 42934 4798 47732 3661616 0 3661616 3035861 4798 4798 3031063 0 3031063 PART II, LINE 9: CONSERVATION EASEMENTS DO NOT MEET THE CRITERIA FOR ASSET RECOGNITIONS, THEREFORE, THERE IS NO RECOGNITION ON THE STATEMENT OF FINANCIAL POSITION FOR PURCHASED OR DONATED EASEMENTS. DONATED EASEMENTS ARE REFLECTED AS IN-KIND CONTRIBUTIONS AND EXPENSES ON THE STATEMENT OF ACTIVITIES. PART X, LINE 2: THE TRUST FOLLOWS THE STANDARDS FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ACCORDING TO THE PRINCIPLES OF ASC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE TRUST, INCLUDING WHETHER THE ENTITY IS EXEMPT FROM INCOME TAXES. MANAGEMENT EVALUATED THE TAX POSITIONS TAKEN AND CONCLUDED THAT THE TRUST HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE TRUST IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2011. ANNUAL DINNER 128145 116414 11731 20063 95 8928 17 8667 PEDAL TO PRESERVE 53776 52520 1256 1085 4148 6679 10958 1 4170 250 3920 100 552 2243 300 9037 186091 169184 16907 21248 4795 17850 317 28662 72872 -55965 X 11 1625048 FMV LESS RELATED COSTS X 18 6280 FAIR MARKET VALUE X AUCTION ITEMS 78 21174 FAIR MARKET VALUE X MISCELLANEOUS ITEMS 10 3970 FAIR MARKET VALUE 9 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS IS THE NUMBER OF SEPARATE LAND PARCELS COVERED UNDER THE EASEMENTS, NOT THE TOTAL AMOUNT OF ACREAGE DONATED. FORM 990, PART VI, SECTION B, LINE 11 AN INDEPENDENT ACCOUNTANT PREPARES THE FORM 990. THE FORM 990 IS THEN REVIEWED BY THE FINANCE COMMITTEE, REVIEWED BY THE EXECUTIVE COMMITTEE AND FINALLY REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO REVIEW THE ORGANIZATION'S POLICY AND SIGN A CONFLICT OF INTEREST STATEMENT ON A YEARLY BASIS. ANY POTENTIAL CONFLICTS ARE DISCUSSED FULLY BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 INFORMATION REGARDING COMPENSATION FOR COMPARABLE POSITIONS IS COLLECTED AND DISTRIBUTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO THE ANNUAL EVALUATION OF THE EXECUTIVE DIRECTOR AND SETTING OF ANNUAL SALARY OF TOP MANAGEMENT OFFICIALS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE ORGANIZATION. FORM 990, PART XII, LINE 2C: THE TRUST'S FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.