2013-05-10T08:09:26-07:00 2012-12-31 Frederick J Prior CPA Courtyard on Mall Way Box 656 Simsbury CT 060700656 990 2012-01-01 237243316 Granby Land Trust Inc GRAN 8606537441 P O Box 23 Granby CT 06035 David W Russell 2013-05-06 true Frederick J Prior CPA P00008244 8606586556 X 2012 2016-02-24 21:20:13Z Richard Orluk 106 Higley Road West Granby CT 06090 485784 false false X www.granbylandtrust.org X 1972 CT The Granby Land Trust achieves the long term protection of land by seeking, holding, monitoring and stewarding conservation easements and land ownership. It communicates it's objectives and regularly provides educational programs to the community. 15 15 0 60 0 94930 363426 0 -4781 86608 3545 4760 93694 454794 0 0 0 0 584 27089 75474 27089 75474 66605 379320 5142123 6104100 314 10321 5141809 6093779 X The GLT works to preserve Granby's natural heritage through the conservation of it's open space corridors., wildlife habitat, scenic vistas, ecologically sensitive areas and agricultural land true true 39619 Stewardship of land trust properties:1. Substantially completed project to develop and adopt Baseline Data Reports for all of our 25 conservation easements.2.Completed monitoring reports on all conservation easements and fee-owned properties3.Began and partially completed a project to develop Property Management Reports on all fee-owned properties4. Continued the development and oversight of the overall Stewardship Program of the GLT 13885 Property Acquisition:Acquired three properties for the GLT. Two acquired by donation and one by purchase.1. Nukols Preserve, 19.4 acres donated. Valued at $208,800. Acquisition expense of $8,189 covered some of the donor's direct expenses related to the donation.2. Godard Preserve Addition. 5 acres donated. Valued at $82,100. Expense of $492 for legal fees.3. Duhaime Property. 57.1 acres purchased for $120,000 plus $1,249 closing costs.Land acquired by donation or by purchase: neither costs nor revenue were included as Program Expenses or Revenue since they are capital expenditures and served to increase GLT's Permantly Restricted Net Assets Art ActivitiesGLT annually ponsors an Artist's Paint-Out Day on land trust property followed by a juried Art Show that features the art created at the Paint-Out and elsewhere by artists from the local area depicting the local natural environments. This program serves as an educational tool, is a community involvement and public relations tool and is a fundraiser for the Granby Land Trust. Revenue of $13,200 less expenses of $8,440 are reported on line 8c as $4,760 53504 true true false false false false true false false false true false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false true true false false false false false false false false true 12 0 false 0 false false false false false false false false false 0 false false false false false false false false false false X 15 15 false false false false true true false true true false false true true true true false true false false false CT X David W Russell 8606537441 33 Spring Glen Drive Granby CT 06035 X Richard Caley 0.50 0.00 X 0 0 0 James Gamble 0.50 0.00 X 0 0 0 Els Fonteyne 0.50 0.00 X 0 0 0 Lowell Kahn 0.50 0.00 X 0 0 0 Rodney Dimock 0.50 0.00 X X 0 0 0 Paula Johnson 0.50 0.00 X 0 0 0 David Emery 0.50 0.00 X 0 0 0 Charles Katen 0.50 0.00 X 0 0 0 Francis G Armentano 0.50 0.00 X 0 0 0 Daniel P Brown Jr 2.00 0.00 X 0 0 0 David A Schupp 0.50 0.00 X 0 0 0 Leslie L Judge 2.00 0.00 X X 0 0 0 Mark Wetzel 0.50 0.00 X 0 0 0 Richard Orluk 8.00 0.00 X X 0 0 0 David W Russell 5.00 0.00 X X 0 0 0 0 false false false 0 363426 290900 363426 0 85858 85858 0 0 0 23300 22550 750 750 750 13200 8440 4760 4760 0 0 0 454794 86608 4760 X 0 0 0 0 0 0 0 0 0 0 0 462 314 148 4923 4923 0 0 0 13932 9971 3449 512 0 2495 2423 72 1600 1600 0 1600 1600 0 0 40 40 0 0 203 203 4584 288 4296 Memberships & dues paid 1100 1100 Property maintenance 1582 1582 Property acquisition expense 9996 9996 Property stewardship 31353 31353 1604 1604 75474 53504 21386 584 130866 45698 10417 0 0 2494 0 0 0 0 0 5136600 440 4725463 5136160 270377 296005 0 0 0 5000 623743 5142123 6104100 314 10321 314 10321 X 410494 931564 6223 26223 4725092 5135992 5141809 6093779 5142123 6104100 X 379320 572650 X X true X false true false X 14125 42562 432423 94930 363426 947466 0 0 0 0 14125 42562 432423 94930 363426 947466 0 0 947466 2764 1090 11933 6833 8917 31537 0 2764 1090 11933 6833 8917 31537 0 10699 9052 2012 3545 4761 30069 27588 52704 446368 105308 377104 1009072 0.93890 0.91320 0.03130 0.03580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 25 96 1 true 20 3353 false 5135967 5135967 25 608 440 193 5136160 Mary Edwards Charitable Fund 550928 GLT General Fund 72815 Funds held at Htfd Fndtn for Pub Giving Deposit on land purchase 623743 Part II, Line 9 Part II, Line 9: Organization Reporting of conservation easements. The land trust reports the costs connected with the acquisition of easements as operating expenses of the current period. Because the land trust does not believe that conservation easements meet the definition of an asset as defined in Concept Statement No 6 of the Financial Accounting Standards Board (FASB), the easements are recorded at a nominal value of $1.00 each. These easements may be acquired through a donation or by purchase. If acquired by donation, the easement is recorded at the nominal value of $1.00 and no contribution revenue is recorded. If acquired by purchase, the difference between the $1.00 nominal value and the purchase price is recorded as a program (land protection) expense. Part II, Line 5 Part II, Line 5 - Summarized Policy Each property with a conservation easement has a volunteer property steward who is assigned the responsibility of inspecting the propery a minimum of twice annually. There is a Stewardship Report form that specifies the information that should be included in each report. These reports are reviewed by the Stewardship Committee of the Board of Directors and any violations are handled in accordance with the enforcement policy X 1 10117 X 2 290900 false false false Form 990, Part XII, Line 2c Form 990, Part XII, Line 2: Change of Oversight or Selection Process The oversight process and the selection process of the Independent Accountant to perform the Review of our Financial Statements is handled by a newly created Finance Committee. Previously, this function was handled by the Treasurer and President. Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Increases Mary Edwards Charitable Fund = $504807 Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Increases GLT General Fund = $67843 Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Increases Assets held by HFPG were recorded 1/1/12 = $0 Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Upon request, any member or other person will be provided with a copy of the organization's governing documents, policies, Financial Report and Form 990 Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Annually, each director receives a copy of the Conflict of Interest Policy and is required to review it and positively affirm in writing, that they have disclosed any conflcits or any reportable potential conflicts. Form 990, Part VI, Line 11b Form 990, Part VI, Line 11b: Form 990 Review Process The Form 990 is reviewed by the President and Treasurer before it is filed. The Board of Directors is also provided with a pdf copy for inspection before the return is filed. Form 990, Part VI, Line 6 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Members are individuals, families or other entities from the community who make an annual member donation. There are approximately 300 members. Form 990, Part III, Line 2 Form 990, Part III, Line 2: New Services During 2012, as part of an overall preparation for applying for accredation by the National Land Trust Alliance, the GLT made a major commitment to create Baseline Data Reports for all of it conservation easements. We contracted with a consulting firm to develop these reports by mid 2013 and we spent $24,000 on this process during 2012.In addition, the GLT significantly upgraded its analytical analysis of its programs and operations, resulting in the identification of the fiscal costs of its various activities. We have identified five major programs, the three largest of which are outlined in response to question #4 of Form 990, Part 111. The fourth and fifth programs are #4, Pursuit of Accreditation and #5 is Property Maintenance