2013-10-08T09:30:18-05:00 2013-06-30 113518842 MARKS PANETH & SHRON LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2012-07-01 132898799 SCENIC HUDSON INC SCEN 8454734440 ONE CIVIC CENTER PLAZA NO 200 POUGHKEEPSIE NY 12601 EDWARD O SULLIVAN 8454734440 2013-10-08 1 ROBERT R LYONS CPA P00227472 2125038800 2012 2016-02-24 21:20:13Z EDWARD O SULLIVAN ONE CIVIC CENTER PLAZA NO 200 POUGHKEEPSIE NY 12601 8786227 0 X WWW.SCENICHUDSON.ORG X 1975 NY SCENIC HUDSON IS DEDICATED TO PROTECTING AND RESTORING THE HUDSON RIVER, ITS RIVERFRONT AND THE MAJESTIC VISTAS AND WORKING LANDSCAPES BEYOND AS AN IRREPLACEABLE NATIONAL TREASURE FOR AMERICA AND A VITAL RESOURCE FOR RESIDENTS AND VISITORS. 29 29 53 200 0 0 5256847 5004980 1596129 1558359 527997 744758 2928 556 7383901 7308653 20000 10000 0 0 4425185 4627090 0 0 1086188 1093489 1208608 5538674 5845698 1845227 1462955 33962746 36536575 6978792 7189120 26983954 29347455 X SCENIC HUDSON IS DEDICATED TO PROTECTING AND RESTORING THE HUDSON RIVER, ITS RIVERFRONT, ITS VALLEYS AND THE MAJESTIC VISTAS AND WORKING LANDSCAPES BEYOND AS AN IRREPLACEABLE NATIONAL TREASURE FOR AMERICA AND A VITAL RESOURCE FOR RESIDENTS AND VISITORS. 0 0 4057125 10000 1558359 LAND ACQUISITION AND CONSERVATION - SCENIC HUDSON CONSERVES THE LAND THAT MATTERS MOST ALONG THE HUDSON RIVER BETWEEN NEW YORK CITY AND ALBANY. THESE LANDS CONTRIBUTE TO WORLD-CLASS SCENIC VIEWS, UNLOCK ACCESS TO THE HUDSON RIVER, PROVIDE CRITICAL FARMLAND AND CONTAIN OR BUFFER IMPORTANT RIVER HABITATS. IN PRESERVING AND ENHANCING THESE IRREPLACEABLE RESOURCES,WE OFTEN CONTRIBUTE TO PROJECTS INITIATED BY COMMUNITIES SEEKING STRONGER CONNECTIONS WITH THE HUDSON RIVER. SCENIC HUDSON HELPS RESIDENTS AND COMMUNITIES PREVENT OR RESHAPE POORLY DESIGNED, LARGE-SCALE PROJECTS ALONG THE HUDSON RIVER WHILE PROMOTING REUSE AND RESTORATION OF WATERFRONTS AS PUBLIC AND NATURAL RESOURCES. WE SUPPORT PROJECTS THAT ARE APPROPRIATELY SCALED AND THAT PROVIDE PLENTY OF OPEN SPACE AND OPPORTUNITIES FOR RECREATION. WE BRING TO BEAR TECHNICAL EXPERTISE AND TIME-TESTED EXPERIENCE IN COMMUNITY PLANNING IN HELPING COMMUNITIES CREATE RIVERFRONT GROWTH THAT PROVIDES ECONOMIC ASSETS INSTEAD OF BURDENS. WITH MUNICIPALITIES AND DIVERSE PARTNERS, SCENIC HUDSON CREATES AND MANAGES BEAUTIFUL PARKS THAT HELP CONNECT PEOPLE WITH THE INSPIRATION OF THE HUDSON RIVER. THIS INVOLVES SAFEGUARDING IRREPLACABLE LANDS AND VITAL ECOSYSTEMS AND RECLAIMING POLLUTED AND NEGLECTED URBAN WATERFRONTS. THE PARKS ARE OUTDOOR CLASSROOMS FOR NUMEROUS AREA SCHOOLS AND HELP TEACH ENVIRONMENTAL STEWARDSHIP. SCENIC HUDSON ENGAGES CONSTITUENTS ON A VARIETY OF LAND USE ADVOCACY ISSUES THROUGH WEB-BASED TECHNOLOGIES. IMPORTANT INFORMATION ON PARK EVENTS AND COMMUNITY ACTION IS ROUTINELY PROVIDED. USERS FIND TRAIL MAPS AND DRIVING DIRECTIONS AT THE CLICK OF A BUTTON. THE PUBLIC IS KEPT INFORMED OF LAND USE ISSUES IMPORTANT TO RESIDENTS OF THE HUDSON VALLEY. CALLS TO ACTION TO PROTECT THE ENVIRONMENT ARE A CORNERSTONE OF SCENIC HUDSON'S WORK. 4057125 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 6 0 53 1 0 1 CJ 0 0 0 1 1 0 0 0 0 X 29 29 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY CT PA NJ FL MD ME UT VA IL MA RI X X JOE KAZLAUSKAS 8454734440 ONE CIVIC CENTER PLAZA SUITE 200 POUGHKEEPSIE NY 12601 JAMES C GOODFELLOW 1.00 1.00 X X 0 0 0 LISINA M HOCH 1.00 0.00 X X 0 0 0 JAMES CLARK 1.00 1.00 X X 0 0 0 PHYLLIS TAYLOR 1.00 0.00 X X 0 0 0 FRANCESCA OLIVIERI 1.00 0.00 X X 0 0 0 IRVINE D FLINN 1.00 0.00 X X 0 0 0 RAOUL BHAVNANI 1.00 0.00 X 0 0 0 CHRISTOPHER BUCK 1.00 0.00 X 0 0 0 SARAH A W FITTS 1.00 0.00 X 0 0 0 KRISTIN GAMBLE 1.00 1.00 X 0 0 0 CARLOS GONZALEZ 1.00 0.00 X 0 0 0 MARJORIE L HART 1.00 1.00 X 0 0 0 KLAUS JACOB 1.00 0.00 X 0 0 0 MERIT E JANOW 1.00 0.00 X 0 0 0 SUSAN LIVINGSTON 1.00 0.00 X 0 0 0 EILEEN MCCOMB 1.00 0.00 X 0 0 0 JUDITH MCHALE 1.00 0.00 X 0 0 0 ZACK MCKOWN 1.00 0.00 X 0 0 0 W PATRICK MCMULLAN 1.00 1.00 X 0 0 0 ELIZABETH D MOORE 1.00 0.00 X 0 0 0 DAVID KA MORDECAI 1.00 0.00 X 0 0 0 DAVID H MORTIMER 1.00 1.00 X 0 0 0 SHEILA PLATT 1.00 0.00 X 0 0 0 RUDOLPH S RAUCH III 1.00 0.00 X 0 0 0 DAVID REDDEN 1.00 0.00 X 0 0 0 ALEXANDER REESE 1.00 0.00 X 0 0 0 FREDERIC C RICH 1.00 1.00 X 0 0 0 SIMON ROOSEVELT 1.00 1.00 X 0 0 0 LEIGH SEIPPEL 1.00 1.00 X 0 0 0 SEAN ELDRIDGE 1.00 0.00 X 0 0 0 EDWARD O SULLIVAN 40.00 6.00 X 340107 0 73303 STEVEN ROSENBERG 18.00 28.00 X 256155 0 71842 JOSEPH KAZLAUSKAS 38.00 4.00 X 220275 0 18169 ERIN RILEY 40.00 1.00 X 197267 0 18563 JAMES BURGESS 40.00 0.00 X 122448 0 11826 SETH MCKEE 1.00 39.00 X 107601 0 6180 1243853 0 199883 6 0 1 0 0 635206 4369774 5004980 REIMB. FROM LAND TRUST 900099 1558359 1558359 1558359 298238 298238 1874575 1428055 446520 446520 446520 49519 635206 49519 0 MISCELLANEOUS 900099 556 556 556 7308653 1558359 0 745314 10000 10000 1128970 512808 317809 298353 2772963 2225387 160026 387550 139123 112086 7825 19212 325508 240078 33962 51468 260526 184382 31003 45141 8691 3459 5232 22800 22800 41642 41642 183864 168109 6865 8890 87056 42047 20435 24574 374427 295677 27216 51534 113513 93620 7027 12866 10022 10022 PROGRAM/PUBLIC OUTREACH 353838 147588 20110 186140 EQUIPMENT 12755 11862 433 460 5845698 4057125 702385 1086188 110 706 1825074 2112711 21192546 21879136 35950 25313 128552 106598 31976 21954 7981627 8690132 2883004 3792475 12459 14148 33962746 36536575 294172 414500 10000 5000000 5000000 1674620 1774620 6978792 7189120 X 13137026 14705835 13846928 14641620 26983954 29347455 33962746 36536575 X 1462955 898857 1689 X X 0 1 X 1 0 X 3223990 4439491 3232883 5256847 5004980 21158191 3223990 4439491 3232883 5256847 5004980 21158191 2245994 18912197 220254 183643 225936 253379 298238 1181450 1728 6227 1246 2928 556 12685 22352326 8661008 0.84610 0.87540 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2008 AMOUNT: $ 1,728. 2009 AMOUNT: $ 6,227. 2010 AMOUNT: $ 1,246. 2011 AMOUNT: $ 2,928. 2012 AMOUNT: $ 556. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9611 11390 21001 5824697 5845698 442285 110571 0 0 637698 426117 426934 442285 1933034 2899551 18678 18076 22947 21001 80702 159425 106529 106734 110571 483259 724889 4725 6020 11229 9611 31585 143968542 244162 20388963 6570238 158031429 150682343 1411091 -1622192 6502700 143968542 128661468 47200 29005969 7032294 150682343 116399754 1489227 18220615 7448128 128661468 153659292 510810 -30336476 7433872 116399754 0.09000 0.91000 0 1 1 23910 23910 0 104642 82688 21954 21954 POOLED INVESTMENT FUNDS - EX U.S. COMMINGLED FUNDS 1897698 F POOLED INVESTMENT FUNDS - ALTERNATIVE INVESTMENT FUNDS 1894777 F 3792475 DUE TO RELATED PARTY 1774620 1774620 X DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE BOARD DESIGNATED (QUASI-ENDOWMENT) WAS ESTABLISHED TO ENSURE SCENIC HUDSON'S FISCAL STABILITY AND PROVIDE EMERGENCY FUNDS FOR PURPOSES APPROVED BY THE BOARD. THE LILA ACHESON AND DEWITT WALLACE HUDSON VALLEY LAND PRESERVATION ENDOWMENT (THE "WALLACE ENDOWMENT") IS A TERM ENDOWMENT HELD BY THE SCENIC HUDSON LAND TRUST, INC., A SUPPORTING ORGANIZATION OF SCENIC HUDSON, INC., THAT SHALL CONTINUE TO BE USED FOR THE PURPOSES OF ACQUIRING AND HOLDING LAND IN THE HUDSON RIVER VALLEY IN ORDER TO PRESERVE AND PROTECT SUCH LAND FOR THE BENEFIT OF THE PUBLIC, AND SECONDARILY FOR OTHER PURPOSES THAT ARE IN FURTHERANCE OF THE CONSERVATION OF THE SCENIC BEAUTY, HISTORIC VALUES, AND RESOURCES OF THE HUDSON RIVER VALLEY. THE BOARD OF DIRECTORS OF THE SCENIC HUDSON LAND TRUST, INC. HAS ALSO ESTABLISHED A BOARD DESIGNATED EASEMENT ENFORCEMENT FUND AS A RESERVE TO PAY LEGAL AND OTHER EASEMENT ENFORCEMENT AND MONITORING COSTS THAT MAY BE INCURRED TO DEFEND THE ORGANIZATION'S CONTRACTUAL RIGHTS AND PRIVILEGES ESTABLISHED THROUGH CONSERVATION EASEMENTS OWNED. AS THE SCENIC HUDSON LAND TRUST, INC. IS A SUPPORTING ORGANIZATION OF SCENIC HUDSON, INC., THE ENDOWMENTS HELD BY THE SCENIC HUDSON LAND TRUST, INC. WHICH MAY BE USED FOR THE BENEFIT OF SCENIC HUDSON, INC. ARE BEING REPORTED IN SCHEDULE D, PART V. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: INCOME TAXES - THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2013 AND 2012 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEAR ENDED JUNE 30, 2010 AND PRIOR YEARS. CENTRAL AMERICA AND THE CARIBBEAN - PASSIVE FOREIGN INVESTMENTS N/A 1071000 0 0 0 0 0 0 1071000 0 1071000 0 0 0 0 0 0 ANNUAL GALA 684725 635206 49519 16051 27149 6200 119 684725 635206 49519 16051 27149 6200 119 49519 0 1 TEATOWN LAKE RESERVATION 1600 SPRING VALLEY ROAD OSSINING NY 10562 237154985 501(C)(3) 10000 N/A N/A TO PROVIDE EDUCATION PROGRAMMING AT THE KATHRYN W. DAVIS RIVERWALK CENTER 1 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE GRANT RECIPIENT IS REQUIRE TO FILE PROGRESS REPORTS, INCLUDING PHOTOGRAPHS. X X X X X 0 1 0 0 0 0 0 0 0 EDWARD O SULLIVAN 278833 0 55000 0 6274 0 72100 0 1203 0 413410 0 0 0 STEVEN ROSENBERG 226155 0 30000 0 0 0 54879 0 16963 0 327997 0 0 0 JOSEPH KAZLAUSKAS 190275 0 30000 0 0 0 8811 0 9358 0 238444 0 0 0 ERIN RILEY 167267 0 30000 0 0 0 7891 0 10672 0 215830 0 0 0 PART I, LINE 4B SCENIC HUDSON, INC. AND EDWARD SULLIVAN ENTERED INTO A LONG-TERM EMPLOYMENT AGREEMENT UNDER IRC SECTION 457(F). THE TERMS OF THE AGREEMENT RUN THROUGH DECEMBER 31, 2014 AT WHICH TIME MR. SULLIVAN WILL COMPLETE HIS COMMITMENT AND RECEIVE A ONE-TIME LUMP SUM PAYMENT OF $500,000. DURING THE YEAR ENDED JUNE 30, 2010, SCENIC HUDSON, INC. AND STEVEN ROSENBERG ENTERED INTO A LONG-TERM EMPLOYMENT AGREEMENT UNDER IRC SECTION 457(F). THE TERMS OF THE AGREEMENT RUN THROUGH MAY 29, 2016 AT WHICH TIME MR. ROSENBERG WILL COMPLETE HIS COMMITMENT AND RECEIVE A ONE-TIME LUMP SUM PAYMENT OF $275,000. FORM 990, PART VI, SECTION A, LINE 2 DIRECTOR ALEXANDER REESE IS THE UNCLE OF DIRECTOR FRANCESCA OLIVIERI. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S 990 IS REVIEWED BY THE FINANCE AND EXECUTIVE COMMITTEES AND DISCUSSED WITH THE FULL BOARD AT THE ANNUAL MEETING BEFORE THE RETURN IS FILED. PRINTED COPIES OF THE 990 ARE DISTRIBUTED TO THE FULL BOARD IN PREPARATION OF THE ANNUAL MEETING. COPIES OF THE 990 ARE AVAILABLE ON THE ORGANIZATION'S BOARD EXTRA-NET AND ON THE ORGANIZATION'S WEBSITE (WWW.SCENICHUDSON.ORG). FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND ALL STAFF ARE REQUIRED TO ANNUALLY REVIEW AND SIGN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. BOARD MEMBERS WHO MAY HAVE ANY REAL OR PERCEIVED CONFLICTS OF INTEREST ABSTAIN FROM DISCUSSION AND VOTING. CONFLICTS OF INTEREST INVOLVING STAFF SITUATIONS WHICH MAY ARISE (REAL OR PERCEIVED) ARE REVIEWED BY SENIOR MANAGEMENT. ISSUES INVOLVING EXECUTIVES ARE REVIEWED BY THE EXECUTIVE COMMITTEE AND/OR LEGAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION IS DETERMINED BY THE BOARD CHAIRMAN AND PRESIDENT IN CONSULTATION WITH THE HUMAN RESOURCES COMMITTEE OF THE BOARD. THIS COMMITTEE ENGAGES A THIRD PARTY COMPENSATION CONSULTANT WHO PROVIDES A MARKET ANALYSIS WITH RECOMMENDATIONS. THE COMMITTEE ALSO INCORPORATES FIRST HAND RESEARCH DATA ON COMPARABLE ORGANIZATIONS IN SCENIC HUDSON'S GEOGRAPHIC AREA IN THEIR RECOMMENDATIONS. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE 990 ARE AVAILABLE ON THE ORGANIZATION'S BOARD EXTRA-NET AND ON THE ORGANIZATION'S WEBSITE WWW.SCENICHUDSON.ORG. THE FOLLOWING CORPORATE GOVERNANCE DOCUMENTS ARE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE (HTTP://WWW.SCENICHUDSON.ORG/ABOUT/FINANCIALS): * FORM 1023 * FORM 990 * AUDITED FINANCIAL STATEMENTS * CERTIFICATE OF INCORPORATION * CORPORATE BY-LAWS * WHISTLEBLOWER POLICY * CONFLICT OF INTEREST POLICY CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 1,689. THE PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT FORM 990, PART XII, LINE 2C: HAS NOT BEEN CHANGED FROM THE PRIOR YEAR. THE SCENIC HUDSON LAND TRUST INC 1 CIVIC CENTER PLAZA SUITE 200 POUGHKEEPSIE NY 12601 237148333 ACQUIRE LAND FOR PUBLIC USE NY 501(C)(3) LINE 11, TYPE I N/A 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 1 0 THE SCENIC HUDSON LAND TRUST INC O 1558359 COST THE SCENIC HUDSON LAND TRUST INC Q 574224 CASH