2013-01-16T08:51:13-07:00 2012-09-30 990 2011-10-01 066079549 NEWTOWN FOREST ASSOCIATION INC NEWT 2032703650 PO Box 213 Newtown CT 06470 Clarence Peterson 2037332030 2013-01-16 2011 2016-02-25 16:41:14Z Clarence O Peterson IV PO Box 213 Newtown CT 06470 309314 0 X www.newtownforestassociation.org X 1924 CT The Newtown Forest Association is the oldest private land trust organization in Connecticut. It has been dedicated for over eighty years to securing for the residents of Newtown and their posterity the benefits derived from open space lands. Lands which include, but are not limited to, forest and agricultural land, wildlife and nature preserves and watersheds. 15 15 4 40 0 0 95011 230020 0 0 73019 79294 -19371 0 148659 309314 0 0 0 0 8978 4082 0 0 1693 53380 66488 62358 70570 86301 238744 4034731 4345213 1859 2085 4032872 4343128 The Newtown Forest Association is the oldest private land trust organization in Connecticut. It has been dedicated for over eighty years to securing for the residents of Newtown and their posterity the benefits derived from open space lands. Lands which include, but are not limited to, forest and agricultural land, wildlife and nature preserves and watersheds. 0 0 57521 0 0 Property stewardship, inspection and maintenance 0 0 0 57521 1 1 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 4 0 1 4 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 0 0 1 1 0 CT X Clarence O Peterson IV 2037332030 PO Box 213 Newtown CT 06470 Robert Eckenrode 6 X X 0 0 0 Ed Kelleher 3.00 X X 0 0 0 Clarence O Peterson IV 6 X X 0 0 0 Bart Smith 3 X X 0 0 0 Dr Aaron Coopersmith 3 X 0 0 0 Tim Gagne 2 X 0 0 0 William Watts 1.5 X 0 0 0 Martha Wright 1 X 0 0 0 Dan Dalton 2 X X 0 0 0 Coke Cramer 1 X 0 0 0 Brian Hennessey 1 X 0 0 0 Ray Ormsbee 25 X 0 0 0 0 0 0 0 0 0 0 0 0 1255 0 0 0 228765 200000 230020 0 79294 79294 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 309314 79294 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3811 2276 1535 0 0 0 0 0 0 0 0 0 271 162 109 0 0 0 0 0 1462 1462 0 0 0 0 0 0 0 0 0 0 0 0 1576 0 1576 0 1588 88 1500 0 1543 0 0 1543 1308 204 1104 675 0 675 0 0 0 0 0 5618 4981 487 150 0 0 0 0 0 0 0 0 1100 550 550 0 0 0 0 0 0 0 0 0 11537 9500 2037 0 10842 9059 1783 0 Mowing & Tree Work 24840 24840 0 0 Building & Equipment Repair 3219 3219 0 0 Water Testing 610 610 0 0 Signs & Plaques 570 570 0 0 70570 57521 11356 1693 28044 55368 52288 77952 1783 127440 61577 54347 65863 1540546 1588307 2357723 2557723 4034731 4345213 1859 2085 1859 2085 X 1570297 1678728 104852 106677 2357723 2557723 4032872 4343128 4034731 4345213 X 238744 71512 X 0 0 0 X 4369 58283 38083 33011 30019 163765 4369 58283 38083 33011 30019 163765 163765 76539 76550 86807 86659 79294 405849 569614 0.28750 0.29489 X The organization is a land trust which has accepted donation of land to preserved for ecological purposes and passive recreation that is open to the public. Along with the donations of land, the land trust accepts donations of cash and investments to generate earnings specfically for the purpose of maintaining the land donated in perpetuity. The organization is a land trust which has accepted donation of land to preserved for ecological purposes and passive recreation that is open to the public. Along with the donations of land, the land trust accepts donations of cash and investments to generate earnings specfically for the purpose of maintaining the land donated in perpetuity. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 3 91 0 0 0 1 1 12 0 1 104852 0 4970 0 3146 0 106676 78282 25000 4668 0 3098 0 104852 51666 25000 3166 0 1550 0 78282 0 50000 3166 0 1500 0 51666 0.37 0.61 0.02 0 0 0 0 0 107958 0 54260 53698 0 0 0 0 19482 0 7317 12165 0 0 0 0 65863 FMV of Donated Conservation Easements since 2004 1423000 FMV of Donated Land since 2004 1134723 2557723 SchD_P02_S00_L05 Schedule D, Part II, Line 5 The NFA has a property stewardship and inspection policy. Inspections of easement properties are performed and documented on a regular basis. SchD_P02_S00_L09 Schedule D, Part II, Line 9 For the 2 easements aquired since 2004 the NFA has reported them on thier statement of net assets as Other Assets (line 15). Such amounts were recorded on the date of gift in the statement of changes in net assets at thier respective fair values based on certified appraisals. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The majority of the permanent endowment represents the fair value at the date of gift of donated real property (land) and conservation easements that are required to be maintained as open space in perpetuity. There is one permanent endowment of funds that was donated for the express purpose of providing future funding of the Newtown Tree Project - Trees in the Classroom Project and other outreach related to the education of the importance of trees. The Board Designated quasi endowment was established specifically to create a Stewardship Endowment of sufficient size to ensure future earnings sufficient to cover property maintenance costs and a Legal Endowment to cover costs should we need to enforce our rights under the conservation easements we hold. Bill Watts Jr Son of one of the board members 3445 Mowing meadows at certain properties 0 X 2 200000 EST FMV 0 0 1 0 F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 The organization is established via a membership voting body to elect the officers and directors. The membership is required to meet at least annually. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a See #6 F990_P06_S0A_L07b Form 990, Part VI, Section A, Line 7b See #6 F990_P06_S0A_L08b Form 990, Part VI, Section A, Line 8b The Board officers meet monthly for the purpose of making formal board meetings more efficient. The conclusions of such meeting are communicated at the monthly board meetings and memorialized within those minutes as necessary. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b Upon completion of the Form 990 by the Treasurer, the Treasurer provides the draft copy first to another board member who is not an officer who is deemed to be a financial expert. After this directors review and comments are resolved the draft is circulated to the entire board of directors for thier review and comment prior to the Form 990 being filed. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c All Board members are required to complete a written annual representation acknowledging thier responsiblities under the cope of conduct policy. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 All directors and officers are volunteers and unpaid. Caretaker performs work in an amount equal to the FMV of the residency requirements provided. FMV of rental and hourly crediting rate based on local prevailing market. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Form 990 is publically available from independent third-party sources. Financial information is fully disclosed to all board members monthly and to all members annually. There have not been any requests made. F990_P11_S00_L05 Form 990, Part XI, Line 5 71344 Unrealized Appreciation of Investments 168 PY adj