2013-10-09T12:30:00-05:00 2013-06-30 042917204 ANSTISS & CO PC 1115 WESTFORD STREET LOWELL MA 01851 990 2012-07-01 223070912 LOWELL PARKS & CONSERVATION TRUST INC LOWE 9789340030 PO BOX 7162 LOWELL MA 01852 JANE CALVIN 9789340030 2013-09-10 1 RAYMOND L ANSTISS JR P00142883 9784522500 2013-09-10 2012 2016-02-24 21:20:13Z JANE CALVIN PO BOX 7162 LOWELL MA 01852 240805 0 X WWW.LOWELLLANDTRUST.ORG X 1991 MA TO IMPROVE THE QUALITY OF LIFE FOR THE PEOPLE OF LOWELL THROUGH THE CREATION, CONSERVATION, AND PRESERVATION OF THE PARKS, OPEN SPACES, AND SPECIAL PLACES. 9 9 2 159 0 0 205979 236652 1850 1810 531 119 135 203 208495 238784 0 0 0 0 107493 102981 0 0 9301 114838 100739 222331 203720 -13836 35064 1193645 1236654 30435 30720 1163210 1205934 TO IMPROVE THE QUALITY OF LIFE FOR THE PEOPLE OF LOWELL THROUGH THE CREATION, CONSERVATION, AND PRESERVATION OF THE PARKS, OPEN SPACES, AND SPECIAL PLACES. 0 0 143847 1810 THE TRUST ASSISTS IN THE PRESERVATION OF THE HISTORIC & NATURAL BEAUTIES IN THE CITY OF LOWELL THROUGH EDUCATION OF THE PUBLIC AND OUTDOOR ACTIVITIES. 143847 1 1 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 2 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA CT NY NH X JANE CALVIN 9789340030 660 SUFFOLK STREET SUITE 120 LOWELL MA 01854 SOPHEAP THEAM 1.00 X 0 0 0 SHEILA KIRSCHBAUM 2.00 X X 0 0 0 MATTHEW C DONAHUE ESQ 2.00 X 0 0 0 LAURIS DONOVAN 1.00 X 0 0 0 BRIAN CHAPMAN 1.00 X 0 0 0 WILLIAM MARTIN ESQ 1.00 X 0 0 0 DR MARK ROMANOWSKY 1.00 X X 0 0 0 STEPHEN CONANT 1.00 X 0 0 0 CHRISTINE COLE 1.00 X X 0 0 0 DOROTHY BICKLING 1.00 X 0 0 0 JAMES O'HEARN 1.00 X 0 0 0 JANE CALVIN 35.00 X 66211 0 0 66211 0 0 0 0 0 0 0 52685 3651 180316 3379 236652 WHITE WATER RAFTING ON 713990 1810 1810 1810 119 119 2224 3651 2021 203 203 238784 1810 0 322 68751 49396 11288 8067 26965 24091 2874 7265 5772 859 634 4400 4400 24354 17530 6824 323 323 16622 8010 8012 600 558 558 1054 1054 1581 1494 87 1660 1174 486 11273 11273 6696 6696 PROJECT SUPPLIES & EQUI 17455 17174 281 PROPERTY MAINTENANCE 7610 7610 MEMBERSHIP DUES 3930 3930 MISCELLANEOUS EXPENSE 3045 3045 178 178 203720 143847 50572 9301 144929 164447 41693 51778 23638 37511 2850 3484 1020039 128111 899822 891928 80713 87506 1193645 1236654 11435 11720 19000 19000 30435 30720 X 819003 868091 294207 287843 50000 50000 1163210 1205934 1193645 1236654 35064 7660 0 X 0 1 X 1 0 X 244790 252854 282618 205979 236652 1222893 244790 252854 282618 205979 236652 1222893 76956 1145937 610 753 623 531 119 2636 1225529 23982 0.93510 0.97840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 1 4.70 0 0 1 1 70.00 1440 1 50000 X X 0 80713 1528 2395 7660 87506 69137 14600 127 1959 1192 80713 47617 18022 5631 1502 631 69137 17448 30314 1061 826 380 47617 19360 280 -1666 446 80 17448 0.29750 0.70250 1 0 643414 643414 360534 113182 247352 16091 14929 1162 891928 BENEFICIAL INTEREST IN ASSETS HELD BY GLCF 87506 87506 PROPERTY TAX LIENS 19000 19000 X 252444 7660 6000 13660 238784 0 238784 209720 6000 6000 203720 0 203720 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: THE ORGANIZATION MONITORS EASEMENTS IN THE NORMAL COURSE OF ITS OPERATIONS AND ASSOCIATED COSTS ARE EXPENSED AS INCURRED. THE ESTIMATED VALUE OF THE EASEMENTS IN NOT INCLUDED IN THE STATEMENT OF FINANCIAL POSITION BECAUSE THE EASEMENTS DO NOT REPRESENT A FUTURE ECONOMIC BENEFIT TO THE ORGANIZATION. PART III, LINE 4: THE ARTIFACTS ALL CAME WITH THE SPALDING HOUSE AND RANGE FROM FURNITURE TO LAMPS, CROSS STITCHES TO DISHES. THESE WERE ALL COLLECTED BY THE DAUGHTERS OF THE AMERICAN REVOLUTION. THE ARTIFACTS HELP US CONVEY THE HISTORY OF THE SPALDING HOUSE, WHICH WE HOPE TO OPEN EVENTUALLY AS AN URBAN ENVIRONMENTAL EDUCATION MUSEUM. THE ARTIFACTS ALSO HELP US CONVEY A SENSE OF PLACE. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: LOWELL PARKS AND CONSERVATION TRUST ESTABLISHED FOUR ENDOWMENT FUNDS WITH THE GREATER LOWELL COMMUNITY FOUNDATION WITH THE INTENT OF GROWING THE ENDOWMENTS SO THAT THE ANNUAL DISTRIBUTIONS COULD BE USED TO FURTHER THE MISSION OF IMPROVING THE QUALITY OF LIFE FOR THE PEOPLE OF LOWELL THROUGH THE CREATION, CONSERVATION, AND PRESERVATION OF THE PARKS, OPEN SPACES, AND SPECIAL PLACES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: LOWELL PARKS & CONSERVATION TRUST, INC. HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS, THEREFORE, GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. ASC 740-10, "INCOME TAXES" REQUIRES THE ORGANIZATION TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF THE ORGANIZATION'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY. FORM 990, PART VI, SECTION A, LINE 2 TWO MEMBERS OF THE BOARD OF DIRECTORS ARE PARTNERS IN A LAW FIRM. FORM 990, PART VI, SECTION B, LINE 11 THE ENTIRE BOARD MEETS WITH THE AUDITORS TO REVIEW THE FORM 990 BEFORE APPROVING IT TO BE FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN ANNUAL CONFLICT OF INTEREST STATEMENTS. FORM 990, PART VI, SECTION B, LINE 15A A PERSONNEL COMMITTEE MEETS ANNUALLY WITH THE EXECUTIVE DIRECTOR. THIS COMMITTEE REVIEWS DATA ON THE PAY SCALE OF OTHER LOCAL EXECUTIVE DIRECTORS. THEY'VE DETERMINED THAT THE ORGANIZATION'S EXECUTIVE DIRECTORS SALARY IS AVERAGE. THIS IS THEN REVIEWED AND VOTED ON BY THE ENTIRE BOARD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. OTHER FEES FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 17,530. MANAGEMENT AND GENERAL EXPENSES 6,824. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,354.