LOWCOUNTRY LAND TRUST INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- LOWCOUNTRY LAND TRUST INC (EIN 57-0809313)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-05-15
- IRS object ID
- 201301359349305890
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-15T13:54:26-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 570381582 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELLIOTT DAVIS LLCPLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 CALHOUN ST STE 300 | AddressLine1 |
| City | CHARLESTON | City |
| State | SC | State |
| ZIP Code | 29401 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 570809313 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOWCOUNTRY OPEN LAND TRUST INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LOWC | NameControl |
| Phone | 8435776510 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 ALEXANDER STREET | AddressLine1 |
| City | CHARLESTON | City |
| State | SC | State |
| ZIP Code | 29403 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAVID MAYBANK III | Name |
| Title | TREASURER | Title |
| Phone | 8435776510 | Phone |
| Date Signed | 2013-05-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRANDON T RENAUD | Name |
| PTIN | P00743576 | PTIN |
| Phone | 8032560002 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DAVID MAYBANK III | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 ALEXANDER STREET | AddressLine1 |
| City | CHARLESTON | City |
| State | SC | State |
| ZIP Code | 29403 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 3705362 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.LOLT.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1985 | YearFormation |
| State Legal Domicile | SC | StateLegalDomicile |
| Activity Or Mission Description | FOSTERING CONSERVATION OF SCENIC VISTAS, HABITAT AND HISTORIC LANDSCAPES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 16 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 16 | NbrIndependentVotingMembers |
| Total Nbr Employees | 10 | TotalNbrEmployees |
| Total Nbr Volunteers | 21 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 4838015 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 951015 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 86016 | InvestmentIncomePriorYear |
| Investment Income Current Year | 339196 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 74499 | OtherRevenuePriorYear |
| Other Revenue Current Year | 10588 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4998530 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1300799 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 463032 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 553005 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 135849 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 303132 | OtherExpensePriorYear |
| Other Expenses Current Year | 346427 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 766164 | TotalExpensesPriorYear |
| Total Expenses Current Year | 899432 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 4232366 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 401367 | RevenuesLessExpensesCY |
| Total Assets BOY | 8606488 | TotalAssetsBOY |
| Total Assets EOY | 9313051 | TotalAssetsEOY |
| Total Liabilities BOY | 8193 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 19360 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 8598295 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 9293691 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PRESERVE NATURAL AND RURAL LAND THROUGHOUT THE LOWCOUNTRY OF SOUTH CAROLINA. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 606996 | Expense |
| Description | 89,454 ACRES OF PRIVATE LAND PROTECTED THROUGH DONATION, EASEMENTS, AND DEED RESTRICTIONS, SPANNING 13 COUNTIES IN 6 FOCUS AREAS. | Description |
| Total Program Service Expense | 606996 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 1 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 17 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 10 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Taxable Distributions | 0 | TaxableDistributions |
| Distribution To Donor | 0 | DistributionToDonor |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 16 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 16 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | SC | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NANCY DEWITT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8435776510 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 ALEXANDER STREET | AddressLine1 |
| City | CHARLESTON | City |
| State | SC | State |
| ZIP Code | 29403 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (17 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| BATSON L HEWITT JR | ||||||
| PRESIDENT | 1.00 | X | X | 0 | 0 | 0 |
| J RUTLEDGE YOUNG JR | ||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 0 | 0 |
| DAVID MAYBANK III | ||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| W CRAYTON WALTERS III | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| MICHAEL G MCSHANE | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ELISE S BROWN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| SAMUEL C CARLTON | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| CAROL ERVIN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| STEPHEN F GATES | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| THOMAS D W HUTTO | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| BRADFORD S MARSHALL | ||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 |
| T HUNTER MCEADDY | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| RICHARD W SALMONS JR | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| J CONRAD ZIMMERMAN | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| FORD P MENEFEE | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| G TRENHOLM WALKER | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| ELIZABETH M HAGOOD | ||||||
| EXECUTIVE DIRECTOR | 40.00 | X | 106779 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 106779 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Membership Dues | 288909 | MembershipDues |
| All Other Contributions | 662106 | AllOtherContributions |
| Noncash Contributions | 9796 | NoncashContributions |
| Total Contributions | 951015 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 267096 | TotalRevenueColumn |
| Exclusion | $267,096 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2447152 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2375052 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 72100 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 72100 | TotalRevenueColumn |
| Exclusion | $72,100 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 20970 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 29511 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -8541 | TotalRevenueColumn |
| Exclusion | -$8,541 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TRANSFER FEES | 900099 | 10217 | 10217 |
| MISCELLANEOUS INCOME | 900099 | 8912 | 8912 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 19129 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1300799 | TotalRevenueColumn |
| Related Or Exempt Function Income | 19129 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $330,655 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 106779 | Total |
| Program Services | 69406 | ProgramServices |
| Management And General | 21356 | ManagementAndGeneral |
| Fundraising | 16017 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 378174 | Total |
| Program Services | 261497 | ProgramServices |
| Management And General | 50958 | ManagementAndGeneral |
| Fundraising | 65719 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30697 | Total |
| Program Services | 20946 | ProgramServices |
| Management And General | 4577 | ManagementAndGeneral |
| Fundraising | 5174 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37355 | Total |
| Program Services | 25489 | ProgramServices |
| Management And General | 5570 | ManagementAndGeneral |
| Fundraising | 6296 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13000 | Total |
| Management And General | 13000 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27642 | Total |
| Program Services | 18405 | ProgramServices |
| Management And General | 4915 | ManagementAndGeneral |
| Fundraising | 4322 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43952 | Total |
| Program Services | 29265 | ProgramServices |
| Management And General | 7815 | ManagementAndGeneral |
| Fundraising | 6872 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5958 | Total |
| Program Services | 5958 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17949 | Total |
| Program Services | 11950 | ProgramServices |
| Management And General | 3193 | ManagementAndGeneral |
| Fundraising | 2806 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| VISIONING/STRATEGIC PLA | 60556 | 60556 | ||
| TEMP EMPLOYEES | 43135 | 19595 | 23540 | |
| OPERATIONS/ADMIN | 36547 | 25583 | 5482 | 5482 |
| LAND PROTECTION | 29436 | 29436 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68252 | Total |
| Program Services | 28910 | ProgramServices |
| Management And General | 16181 | ManagementAndGeneral |
| Fundraising | 23161 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 899432 | Total |
| Program Services | 606996 | ProgramServices |
| Management And General | 156587 | ManagementAndGeneral |
| Fundraising | 135849 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 412318 | BOY |
| EOY | 615094 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17650 | BOY |
| EOY | 56000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 9217 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1052577 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 61700 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 993048 | BOY |
| EOY | 990877 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7146424 | BOY |
| EOY | 7602543 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37048 | BOY |
| EOY | 39320 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8606488 | BOY |
| EOY | 9313051 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3479 | BOY |
| EOY | 14987 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4714 | BOY |
| EOY | 4373 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8193 | BOY |
| EOY | 19360 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7960513 | BOY |
| EOY | 8463225 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17650 | BOY |
| EOY | 210334 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 620132 | BOY |
| EOY | 620132 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8598295 | BOY |
| EOY | 9293691 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8606488 | BOY |
| EOY | 9313051 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 401367 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 294029 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 811723 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 962679 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1217679 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3270102 | CurrentTaxYearMinus1Year |
| Current Tax Year | 951015 | CurrentTaxYear |
| Total | 7213198 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 811723 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 962679 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1217679 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3270102 | CurrentTaxYearMinus1Year |
| Current Tax Year | 951015 | CurrentTaxYear |
| Total | 7213198 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 7213198 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 72637 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 46506 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 61784 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 96282 | CurrentTaxYearMinus1Year |
| Current Tax Year | 287143 | CurrentTaxYear |
| Total | 564352 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 14614 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 16709 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7640 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 8344 | CurrentTaxYearMinus1Year |
| Current Tax Year | 19129 | CurrentTaxYear |
| Total | 66436 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 7843986 | TotalSupport |
| Public Support Pertcentage170 | 0.91960 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.94190 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Protection Of Natural Habitat | X | ProtectionOfNaturalHabitat |
| Total Number Of Easements | 274 | TotalNumberOfEasements |
| Total Acreage | 89454.00 | TotalAcreage |
| Nmbr States In Which Easements Held | 1 | NmbrStatesInWhichEasementsHeld |
| Written Policy Monitoring | 1 | WrittenPolicyMonitoring |
| Staff Hours Spent On Enforcement | 2176.00 | StaffHoursSpentOnEnforcement |
| Expenses Incurred For Enforcement | 75554 | ExpensesIncurredForEnforcement |
| Sect170h Requirements Satisfied | 1 | Sect170hRequirementsSatisfied |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 976987 | OtherCostOrOtherBasis |
| Book Value | 976987 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 75590 | OtherCostOrOtherBasis |
| Depreciation | 61700 | Depreciation |
| Book Value | 13890 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 990877 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MUTUAL AND MONEY FUNDS | Description |
| Book Value | 7602543 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 7602543 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ACCRUED VACATION | $4,248 |
| DUE TO HISTORIC CHARLESTON FOUNDATION | $125 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4373 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 1630539 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 294029 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 6200 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 29511 | OtherRevenues |
| Revenue Not Rptd F990 | 329740 | RevenueNotRptdF990 |
| Revenue Subtotal | 1300799 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1300799 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 935143 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 6200 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 29511 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 35711 | ExpensesNotRptdF990 |
| Expenses Subtotal | 899432 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 899432 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: | PART II, LINE 9: | THE FOOTNOTES TO THE AUDITED FINANCIAL STATEMENTS REFLECT THE FOLLOWING: "VARIOUS LANDS AND LEGAL RESTRICTIONS ON LANDS ARE DONATED TO THE CORPORATION FOR PURPOSES OF PRESERVATION. AS OF DECEMBER 31, 2012 AND 2011, THE TITLE TO APPROXIMATELY 781 ACRES OF LAND, WHICH CONSISTS PRIMARILY OF MARSH, HAD BEEN DONATED TO THE CORPORATION. THE CORPORATION RECORDS IN THE CONSOLIDATED FINANCIAL STATEMENTS THE ESTIMATED FAIR MARKET VALUE AT THE TIME OF THE DONATION OF LAND TO WHICH IT HOLDS TITLE. CONSERVATION EASEMENTS AND DEED RESTRICTIONS ARE RECORDED AT NOMINAL VALUE IN THE FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2012 AND 2011, CONSERVATION EASEMENTS HAD BEEN GRANTED TO THE CORPORATION ON APPROXIMATELY 89,454 AND 88,040 ACRES, RESPECTIVELY. DURING THE YEARS ENDED DECEMBER 31, 2012 AND 2011, ADDITIONAL ACRES OF 1,414 AND 4,708, RESPECTIVELY, WERE PROTECTED THROUGH CONSERVATION EASEMENT." |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | MANAGEMENT HAS EVALUATED THE CORPORATION'S TAX POSITIONS AND CONCLUDED THAT THE CORPORATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENTS EXPENSES | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSES | |
| PART XII AND XIII, LINE 2D: OTHER RECONCILING ITEMS CONSIST OF FUNDRAISING EXPENSES IN THE AMOUNT OF $29,511 THAT HAVE BEEN NETTED AGAINST REVENUE ON PAGE 9, PART VIII. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | MEMBERSHIP PICNIC | NameOfEvent1 |
| Gross Receipts Event1 | 17070 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 17070 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 16625 | OtherDirectExpensesEvent1 |
| Name Of Event2 | OTHER | NameOfEvent2 |
| Gross Receipts Event2 | 3900 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 3900 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 15486 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 20970 | GrossReceiptsTotal |
| Gross Revenue Total Events | 20970 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 32111 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 32111 | DirectExpenseSummaryEvents |
| Net Income Summary | -11141 | NetIncomeSummary |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 4 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 9790 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV OF STOCK ON DATE OF | MethodOfDeterminingRevenues |
Qualified Contrib Other QualifiedContribOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 6 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 6 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | NOMINAL VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS REVIEWED BY THE BOARD OF TRUSTEES INCLUDING THE FINANCE COMMITTEE PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | A COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST STATEMENTS ON AN ANNUAL BASIS. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION IS REVIEWED ON A YEARLY BASIS TO DETERMINE CURRENT COMPARABILITY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE POSTED ON ITS WEBSITE. |
| FORM 990, PART XI, LINE 2C | THE PROCESS FOR OVERSIGHT OF THE AUDIT AND REVIEW OF THE FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PREVIOUS YEAR. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | EOY AssetsEOYAssets |
|---|---|---|---|---|---|---|
| WADMACON LLC | ||||||
| 80 ALEXANDER STREET | CHARLESTON | SC | 29403 | HOLDS PROTECTED LAND | SC | 356600 |
| BACONS BRIDGE LLC | ||||||
| 80 ALEXANDER STREET | CHARLESTON | SC | 29403 | TRANSFER OF LAND INCLUDED A REVERTER CLAUSE. EXISTS IN PERPETUITY. | SC | |
| ASHEM LLC | ||||||
| 80 ALEXANDER STREET | CHARLESTON | SC | 29403 | HOLDS PROTECTED LAND | SC | |
Comments