2013-05-15T10:46:14-05:00 2012-06-30 161071694 SCIARABBA WALKER & CO LLP 200 E BUFFALO ST SUITE 402 ITHACA NY 14850 990 2011-07-01 222983688 FINGER LAKES LAND TRUST FING 6072759487 202 EAST COURT STREET ITHACA NY 14850 STU SCHWEIZER 6072759487 2013-05-15 1 DAVID E ILES P00084929 6072725550 2011 2016-02-24 21:20:13Z STU SCHWEIZER 202 EAST COURT STREET ITHACA NY 14850 7268073 0 X WWW.FLLT.ORG X 1989 NY THE FINGER LAKES LAND TRUST, INC. (THE LAND TRUST) IS A MEMBERSHIP-SUPPORTED, NON-PROFIT LAND CONSERVATION ORGANIZATION DEDICATED TO PROTECTING THOSE LANDS THAT DEFINE THE CHARACTER OF THE FINGER LAKES REGION OF UPSTATE NEW YORK. SINCE 1989, THE LAND TRUST HAS WORKED TO CONSERVE THE BEAUTIFUL, WILD, AND WORKING LANDSCAPES OF THE AREA BY ESTABLISHING NATURE PRESERVES WHICH ARE OPEN TO THE PUBLIC, HOLDING CONSERVATION EASEMENTS (VOLUNTARY LEGAL AGREEMENTS ON PRIVATE LANDS), EDUCATING FOR RESPONSIBLE STEWARDSHIP, AND COLLABORATING WITH LANDOWNERS, COMMUNITIES, AND LOCAL GOVERNMENTS. 14 14 10 0 9735 2452 5017697 7057242 9955 535 46550 47627 11967 10095 5086169 7115499 0 1853110 0 0 556679 561413 0 0 121263 2408274 4096895 2964953 6511418 2121216 604081 10810358 11255469 392399 283494 10417959 10971975 X THE FINGER LAKES LAND TRUST, INC. (THE LAND TRUST) IS A MEMBERSHIP-SUPPORTED, NON-PROFIT LAND CONSERVATION ORGANIZATION DEDICATED TO PROTECTING THOSE LANDS THAT DEFINE THE CHARACTER OF THE FINGER LAKES REGION OF UPSTATE NEW YORK. SINCE 1989, THE LAND TRUST HAS WORKED TO CONSERVE THE BEAUTIFUL, WILD, AND WORKING LANDSCAPES OF THE AREA BY ESTABLISHING NATURE PRESERVES WHICH ARE OPEN TO THE PUBLIC, HOLDING CONSERVATION EASEMENTS (VOLUNTARY LEGAL AGREEMENTS ON PRIVATE LANDS), EDUCATING FOR RESPONSIBLE STEWARDSHIP, AND COLLABORATING WITH LANDOWNERS, COMMUNITIES, AND LOCAL GOVERNMENTS. 0 0 6257321 535 INSURING PERMANENT PROTECTION OF OPEN SPACE, AGRICULTURAL LAND, FORESTS, WETLANDS, AND ANIMAL AND PLANT HABITATS FOR THE BENEFIT OF THE PUBLIC. 6257321 1 1 0 0 0 0 1 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 17 0 10 1 1 1 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X BURCH CRAIG TREASURER 6072759487 202 EAST COURT STREET ITHACA NY 14850 BOB BRANCATO 1.00 X 0 0 0 BURCH CRAIG 1.00 X X 0 0 0 STEVE GREEN 1.00 X X 0 0 0 HOWARD HARTNETT 1.00 X X 0 0 0 MARTI MACINSKI 1.00 X 0 0 0 ED PREMO 1.00 X 0 0 0 CHRIS PROULX 1.00 X 0 0 0 STU SCHWEIZER 1.00 X X 0 0 0 DON SPECKER 1.00 X 0 0 0 DOUG SUTHERLAND 1.00 X 0 0 0 JAN SUWINSKI 1.00 X 0 0 0 MARIANNE YOUNG 1.00 X 0 0 0 BOB WERNER 1.00 X 0 0 0 MARY JO YUNIS 1.00 X 0 0 0 ANDREW ZEPP 40.00 X 99989 0 15715 99989 0 15715 0 0 0 0 0 7057242 5811558 7057242 OPERATIONS & ADMINISTR 110000 535 535 535 28644 28644 360 360 43403 33668 9735 9735 9735 137889 118906 18983 18983 18983 7115499 535 9735 47987 1853110 1853110 115704 79488 16650 19566 345926 242936 47350 55640 99783 68551 14359 16873 13793 13793 24010 3734 20276 51062 41642 3026 6394 715 715 5258 3612 757 889 29369 20176 4226 4967 23849 20982 1212 1655 2984 2494 490 13455 9244 1936 2275 PURCHASE DEVELOPMENT RI 3042286 3042286 CONSERVATION EASEMENTS 796717 796717 PRINTING 41490 28504 5970 7016 FEES 15091 2013 11963 1115 36816 28039 4394 4383 6511418 6257321 132834 121263 1793012 2101236 1165363 1169593 160 9013 1558 1290 9936 56024 6813830 149843 6616900 6663987 1220582 1251726 77 71 2770 2529 10810358 11255469 13229 21582 5552 334565 203481 10000 10000 34605 42879 392399 283494 X 3177611 1912512 2641063 3098679 4599285 5960784 10417959 10971975 10810358 11255469 X 604081 -50065 X X 0 1 1 X 0 X 2166443 1429534 1179395 5017697 3143273 12936342 2166443 1429534 1179395 5017697 3143273 12936342 2195861 10740481 74868 46171 37919 47982 47627 254567 4512 4108 5512 11967 9735 35834 564 564 13227307 -10705 0.81200 0.79720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1564 20 ORGANIZATIONS DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES: PART I-A, LINE 1: MEETINGS WITH LEGISLATORS, THEIR STAFF, AND ADMINISTRATION OFFICIALS TO ADVANCE GENERAL FUNDING FOR LAND CONSERVATION ACTIVITIES AS WELL AS ADVANCEMENT OF SPECIFIC PROJECTS. X X X X 94 7647.00 43 1 1 685.00 18075 1 6446274 6446274 227936 70239 157697 102736 44957 57779 36884 34647 2237 6663987 ACCRUED PAYROLL 36924 SECURITY DEPOSITS PAYABLE 5955 42879 7115499 6511418 604081 -50065 -50065 554016 7100304 1202 33668 34870 7065434 50065 50065 7115499 6546288 1202 33668 34870 6511418 0 6511418 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: THE LAND TRUST RECORDS DONATION INCOME FOR CONSERVATION EASEMENTS BASED ON THE REDUCTION IN MARKET VALUE OF THE LAND BEFORE AND AFTER THE EASEMENT HAS BEEN OBTAINED. THE LAND TRUST HAS DETERMINED THAT THE DONATED EASEMENTS HAVE A RESIDUAL VALUE OF $1 TO THE ORGANIZATION, AND THEREFORE WILL RECORD AN OFFSETTING EXPENSE TO WRITE DOWN THE EASEMENT VALUE. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 33,668. PART XII, LINE 4B - OTHER ADJUSTMENTS: UNREALIZED LOSS ON INVESTMENTS 50,065. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 33,668. 1 PURCHASE DEVELOPMENT RIGHTS GRANT 2 1853110 PART I, LINE 2 THE LAND TRUST HAS ENTERED INTO CONTRACTS WITH THE FARMLAND PROTECTION PROGRAM OF THE NEW YORK STATE DEPARTMENT OF AGRICULTURE AND MARKETS TO FACILITATE THE PURCHASE DEVELOPMENT RIGHTS GRANTS WITH INDIVIDUALS ON BEHALF OF VARIOUS COUNTIES. THE COUNTIES ARE UNABLE TO OBTAIN THE CONSERVATION EASEMENTS NECESSITATING THE LAND TRUST'S INVOLVEMENT. THE STATE AND APPLICABLE COUNTY MONITORS THE USE OF THE GRANT FUNDS. X 4 5767079 FAIR MARKET VALUE X LAND 1 44479 FAIR MARKET VALUE 23 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE FINGER LAKES LAND TRUST RECEIVED PURCHASE DEVELOPMENT RIGHTS OF FOUR PROPERTIES AND RECIEVED ONE LAND CONTRIBUTION IN FISCAL YEAR 2011. FORM 990, PART VI, SECTION B, LINE 11 THE ANNUAL FORM 990 IS REVIEWED BY THE TREASURER OF THE FINGER LAKES LAND TRUST BEFORE SIGNING AND MAILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS THE BOARD AND KEY EMPLOYEES ARE ASKED TO REVIEW THE POLICY AND REAFFIRM THEIR ACCEPTANCE AND UNDERSTANDING OF THE POLICY BY SIGNING A CERTIFICATION STATEMENT. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS DETERMINES AND REVIEWS COMPENSATION FOR THE EXECUTIVE DIRECTOR BASED ON A COMPARISON OF OTHER SIMILAR SIZE AGENCIES IN THE AREA AND OTHER LAND TRUSTS. THE DISCUSSION AND APPROVAL IS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES COPIES OF GOVERNING DOCUMENTS UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -50,065. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR.