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        <ExplanationTxt>THE ORGANIZATION REPORTS EASEMENTS AT A NOMINAL $1 VALUE IN ITS FINANCIAL STATEMENTS. THE ORGANIZATION CONSIDERS THE RESPONSIBILITY AND COST TO MONITOR AND ENFORCE THE EASEMENTS AS OUTWEIGHING ANY POTENTIAL VALUE.</ExplanationTxt>
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        <ExplanationTxt>THE ORGANIZATION DID NOT REPORT ANY UNCERTAIN TAX POSITIONS IN ITS FINANCIAL STATEMENTS FOR 2024.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>A COPY OF THE RETURN, AFTER PREPARATION, IS SENT TO ALL BOARD MEMBERS AND FINANCE COMMITTEE MEMBERS. THE BOARD MUST VOTE TO APPROVE THE 990 BEFORE IT'S SIGNED BY THE BOARD TREASURER.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CONFLICT OF INTEREST POLICY COVERS ALL EMPLOYEES, BOARD MEMBERS, CLOSE RELATIVES, MAJOR DONORS, AND OTHER INSIDERS. A COVERED PERSON INVOLVED IN A CONFLICT OF INTEREST OR APPEARANCE OF SUCH WILL DISCLOSE AND BRING THE MATTER TO THE ATTENTION OF THE STANDARDS AND PRACTICES COMMITTEE. UPON RECOMMENDATION OF A PROPOSED COURSE OF ACTION RELATED TO THE CONFLICT FROM THE COMMITTEE, THE BOARD OF DIRECTORS WILL APPROVE THE RECOMMENDATION AS THE FINAL ARBITOR OF THE CONFLICT. BEFORE THE CONFLICT IS DISCLOSED AND WHILE THE REQUEST FOR APPROVAL IS PENDING, THE INDIVIDUAL INVOLVED WILL REFRAIN FROM PARTICIPATING IN THE ACTIVITY AND/OR WITHDRAW FROM ANY DISCUSSION OF OR DECISION ON THE MATTER. ADHERING TO THE CONFLICT OF INTEREST POLICY IS A CONDITION OF ASSOCIATION WITH NOLT AS AN EMPLOYEE, DIRECTOR, OR OTHER COVERED PERSON. VIOLATIONS OF THE POLICY MAY BE GROUNDS FOR DISMISSAL OR SEVERENCE. THE STANDARDS AND PRACTICES COMMITTEE WILL REVIEW AND ASSESS THE POLICY AND OPERATING PROCEDURES ON A REGULAR BASIS AND NOTIFY COVERED PERSONS OF ANY CHANGE AND/OR REVISION. THE CONFLICT OF INTEREST POLICY ALSO STATES THAT THE ORGANIZATION WILL REVIEW THE POLICY WITH SIGNATURES FROM BOARD AND STAFF MEMBERS AGREEING TO COMPLIANCE. EACH BOARD MEETING BEGINS WITH AN OPPORTUNITY FOR BOARD MEMBERS TO SHARE ANY CONFLICTS OF INTEREST ON AGENDA ITEMS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD OF DIRECTORS SETS SALARY LEVELS FOR ORGANIZATION EMPLOYEES USING COMPARABLE DATA. NO EMPLOYEES OF THE ORGANIZATION ARE HIGHLY COMPENSATED.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 18</FormAndLineReferenceDesc>
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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON A WRITTEN OR IN PERSON REQUEST TO THE TRUST OFFICE IN PORT ANGELES, WA. THE FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE AT NORTHOLYMPICLANDTRUST.ORG.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PART XII, LINE 2C:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.</ExplanationTxt>
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