2013-06-17T15:40:35-05:00 2012-07-31 GRANT THORNTON LLP 226 CAUSEWAY STREET BOSTON MA 021142155 990 2011-08-01 046149986 Conservation Law Foundation Inc % ERIN M MAKI CONS 6173500990 62 Summer Street Boston MA 02110 ERIN M MAKI 2013-06-17 true LAURA J KENNEY 6177237900 2013-06-17 2011 2016-03-07 17:11:31Z JOHN KASSEL 62 Summer Street Boston MA 02110 5834799 false X www.clf.org X 1966 MA CONSERVATION OF NATURAL RESOURCES 18 17 64 9 0 0 3589896 5081236 367674 188740 445160 364847 161540 168161 4564270 5802984 0 0 0 0 3786283 4299883 0 0 499835 1501495 1773586 5287778 6073469 -723508 -270485 16677317 16238130 2775102 2541623 13902215 13696507 X CLF PROTECTS NEW ENGLAND'S ENVIRONMENT FOR THE BENEFIT OF ALL PEOPLE. WE USE THE LAW, SCIENCE AND THE MARKET TO CREATE SOLUTIONS THAT PRESERVE OUR NATURAL RESOURCES, BUILD HEALTHY COMMUNITIES, AND SUSTAIN A VIBRANT ECONOMY. false false 1674810 0 0 THE CLEAN ENERGY AND CLIMATE CHANGE PROGRAM FOCUSES ON IMPROVING AIR QUALITY, COMBATING GLOBAL WARMING, PROMOTING AND SITING RENEWABLE ENERGY SOURCES, AND ADVOCATING ENERGY EFFICIENCY. 1297371 0 0 THE OCEAN CONSERVATION PROGRAM FOCUSES ON SUSTAINABLE FISHERIES MANAGEMENT AND MARINE ENVIRONMENT PROTECTION. 836986 0 188740 THE CLEAN WATER AND HEALTHY FOREST PROGRAM FOCUSES ON FOREST AND WATERWAYS PROTECTION, INCLUDING COMBATING THE EFFECTS OF ACID RAIN, STORMWATER RUNOFF, SPRAWL AND POLLUTION ON OUR WATERWAYS AND WILDLANDS. 1154769 0 0 HCEJ PROGRAM FOCUSES ON HEALTHY COMMUNITIES 1154769 0 0 4963936 true true false true false false false false false true true false false true true true false true false false false false false false false false false false false true true false false false false false false false false false false true false false false false true true true false false true 72 0 true 64 true false false false false false false false false false false X 18 17 false false false false false true false true true false true true true true true true true true true false false ME MA NH NY RI VT X ERIN M MAKI 6173500990 62 SUMMER STREET Boston MA 02110 Daniel Amory 1.0 X 0 0 0 M Robin Barone Esq 1.0 X 0 0 0 Joseph H Brevard 1.0 X 0 0 0 Donald G Comb PhD 1.0 X 0 0 0 David W Ellis PhD 1.0 X 0 0 0 Andrew Falendar 1.0 X 0 0 0 Douglas I Foy 1.0 X 0 0 0 Paula Gold Esq 1.0 X 0 0 0 John S Hammond 1.0 X 0 0 0 Whitney Hatch 1.0 X 0 0 0 Richard Lisle 1.0 X 0 0 0 Michael B Moskow 1.0 X 0 0 0 Stuart V Smith Jr 1.0 X 0 0 0 John M Teal PhD 1.0 X 0 0 0 Richard D Worrell JD LLM 1.0 X 0 0 0 John B Kassel 40.0 X X 189378 0 16505 Sara Molyneaux 3.0 X X 0 0 0 Eugene H Clapp 2.0 X X 0 0 0 Gordon Hall III 1.0 X X 0 0 0 Peter Nessen 1.0 X X 0 0 0 Thaleia T Schlesinger 1.0 X X 0 0 0 Robert V Fogel 40.0 X 150101 0 911 Timothy B Harwood 40.0 X 128908 0 8671 Peter Shelley 40.0 X 112116 0 14775 Jonathan Peress 40.0 X 106370 0 670 686873 0 41532 6 false true false WELLSPRING CONSULTING MARKETING 115129 1 5081236 157773 5081236 CLEAN WATER HEATHY FOREST ENF. REVENUE 541900 188740 188740 188740 156870 156870 0 0 163393 31815 131578 131578 131578 207977 207977 207977 0 0 0 HONORARIA, PUBLICATIONS & SHARED EXPENSE REVENUE 900099 36583 36583 36583 5802984 225323 0 496425 0 0 0 0 704059 516111 60040 127908 0 2899596 2415857 255182 228557 47029 38263 4114 4652 455586 375946 33933 45707 193613 157525 16936 19152 38919 500 38419 0 50862 50862 0 0 0 513517 504367 5628 3522 63037 62656 381 28488 25141 2801 546 45754 42499 406 2849 0 88088 88046 42 109869 109399 -6530 7000 0 33185 27934 3369 1882 58618 58618 0 247261 181246 43551 22464 57629 51839 2455 3335 RESEARCH 45898 40801 2360 2737 OTHER FEES 54682 33696 20337 649 TELEPHONE 101260 99383 1877 POSTAGE & SHIPPING 51302 30188 338 20776 185217 162539 14960 7718 6073469 4963936 609698 499835 1400 1400 1666154 1048098 695141 971532 -6840 14004 0 0 0 0 0 0 0 0 96243 86564 5784394 2016420 3845850 3767974 8488557 8522929 802542 789130 0 0 0 0 1088270 1036499 16677317 16238130 438961 480946 111391 26401 0 0 2060606 1923863 0 0 0 0 0 0 0 0 164144 110413 2775102 2541623 X 1723434 4183874 6869816 4203668 5308965 5308965 13902215 13696507 16677317 16238130 X -270485 64777 X false true true X true true X 4710578 4507344 4143971 3589896 5081236 22033025 4710578 4507344 4143971 3589896 5081236 22033025 1775487 20257538 437481 336748 312588 279803 320263 1686883 0 2857 31568 29079 36583 100087 23819995 603833 0.85044 0.84450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1992 1992 58347 58347 60339 60339 5513295 7148290 5573634 7208629 428682 510431 107171 127608 365750 358383 389912 428682 1542727 2314091 46825 49451 40557 60339 197172 91438 89596 97478 107171 385683 578525 10432 2679 2123 1992 17226 SCHEDULE C PART II-A CONSERVATION LAW FOUNDATION, INC. 62 SUMMER STREET BOSTON, MA 02110 EIN: 04-6149986 501(H) ELECTION - YES CLF VENTURES, INC. 62 SUMMER STREET BOSTON, MA 02110 EIN: 04-3355728 501(H) ELECTION - YES 7739223 331961 606033 7465151 6285174 1200000 675748 421699 7739223 4607101 1281170 796407 399504 6285174 5596918 -581781 408036 4607101 0.18000 0.37000 0.45000 true false 397501 397501 4553136 1587476 2965660 273789 98361 175428 559968 330583 229385 3767974 SECURITY DEPOSITS 14365 FINANCING FEES 26398 DUE FROM RELATED ENTITY 995736 1036499 0 CHARITABLE ANNUITY LIABILITY 87156 LEASE OBLIGATION 23257 110413 Intended Uses of Endowment Funds Schedule D, Part V, Line 4 CONSERATION LAW FOUNDATION USES ITS ENDOWMENT FUNDS TO SUPPORT NEW PROGRAMS OR UNDER FUNDED PROGRAMS. Fin 48 PART X, LINE 2 The Conservation Law Foundation and CLF Ventures are qualified as tax-exempt organizations under Section 501 (c)(3) of the Internal Revenue Code and accordingly no provision for income taxes is necessary for these entities. The Agency is a for-profit entity subject to federal and state income taxes. The Agency accounts for income taxes under ASC 740, "Income Taxes." This standard requires recognition of deferred tax liabilities and assets for the expected future tax consequences of events that have been included in the Agency's financial statements or tax returns. Deferred tax liabilities and assets are determined based on the difference between the financial statements carrying amounts and tax bases of existing assets and liabilities, using enacted taxrates in effect in the years in which the differences are expected to reverse. The Foundation recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more-likely-than-not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority. The Foundation has applied this more-likely-than-not threshold to all tax positions for which the statute of limitations remained open and determined there were no material unrecognized tax benefits as of that date. In addition, there have been no material changes in unrecognized benefits since adoption. It is the Foundation's policy to record estimated interest and penalties (if any) as part of management and general expense. Management believes that the income tax returns for fiscal years 2008 and prior are no longer subject to examination by taxing authorities. X X false false false false false false false false false John B Kassel 170378 0 19000 0 0 0 3493 0 13012 0 205883 0 0 0 Robert V Fogel 150101 0 0 0 0 0 0 911 0 151012 0 0 0 MA HEALTH AND EDUCATIONAL FAC AUTHORITY 042456011 57586ELD1 2009-08-14 2298245 BUILDING LOAN false false false 779306 0 2298245 21778 0 2298245 0 0 0 0 0 0 true false true true false false false false 0.00000 0.00000 0.00000 true false true false 0 false 0 false false X 28 157773 false true false Members Form 990, Part VI, Line 6 The organization has public, non-voting, dues-paying members. Election of Board of Trustees Part VI, Section A, Line 7A The Board of Overseers, a majority of which are not trustees, elects the board of trustees, which is the governing body. Form 990 Review Process Form 990, Part VI, Line 11b MEMBERS OF THE ORGANIZATION'S MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES REVIEW THE FORM 990 BEFORE IT IS SUBMITTED TO THE FULL BOARD. Conflict of Interest Policy Monitoring & Enforcement Form 990, Part VI, Line 12c CONFLICT OF INTEREST DISCLOSURE FORMS ARE REQUIRED TO BE COMPLETED ANNUALLY. TRANSACTIONS POTENTIALLY INVOLVING CONFLICTS OF INTEREST ARE IDENTIFIED BY MANAGEMENT AND GIVEN SPECIAL ATTENTION BY COUNSEL. Process for Determining Compensation Form 990, Part VI, Line 15a & b THE COMPENSATION OF THE CEO WAS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, IN CONSULTATION WITH THE EXECUTIVE SEARCH FIRM RETAINED BY THE BOARD IN CONNECTION WITH HIS HIRING IN 2009. THE BOARD CHAIR HAS RETAINED NOTES THAT CONTEMPORANEOUSLY DOCUMENT THE DELIBERATION AND DECISION REGARDING THE CEO'S COMPENSATION ARRANGEMENT. the ceo determines the compensation of other officers, giving consideration to any available comparability data. How Documents are Made Available to the Public Form 990, Part VI, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Schedule K CONSERVATION LAW FOUNDATION, INC. ("CLF") BORROWED $2,298,245 (AS PART OF A POOLED FINANCING ISSUED BY MHEFA) FOR THE PURPOSE OF REFUNDING (ON 8/14/09) ITS PORTION OF THE MHEFA REVENUE BONDS, POOL LOAN PROGRAM ISSUE, SERIES M-6A. UPON THE RETIREMENT OF CLF'S M-6A DEBT, THE DSRF ALLOCABLE TO ITS REFUNDED PORTION TRANSFERRED TO SECURE ITS PORTION OF THE MHEFA REFUNDING ISSUE REFERRED TO IN PART I. THIS IS CLF'S ONLY TAX-EXEMPT DEBT OUTSTANDING AS OF JULY 31, 2012. Financial Statement Reconciliation Part XI, Line 5 Change in split interest agreements: (11,619) Unrealized gains: 76,396 ---------- Total: 64,777 CLF Ventures Inc 62 Summer Street Boston MA 02110 043355728 CONSULTING MA 501(C)(3) 11 CLF true Environmental Insurance Agency Inc 62 Summer St Boston MA 02110 043393004 Insurance Agency MA CLF Ventures C Corp 0 71064 0.92000 false false false true false false false false true false false false true true false true false false ENVIRONMENTAL INSURANCE AGENCY D 24427 FMV CLF VENTURES INC D 971309 FMV CLF VENTURES INC N 94122 FMV