2012-03-05T14:05:39-07:00 2011-09-30 990 2010-10-01 066079549 NEWTOWN FOREST ASSOCIATION INC NEWT 2032703650 PO Box 213 Newtown CT 06470 Clarence Peterson 2037332030 2012-03-05 2010 2016-02-24 21:20:13Z Robert Eckenrode 7 Wildcat Road Newtown CT 06470 148659 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 3 20 0 0 40088 95011 0 0 86807 73019 158955 -19371 285850 148659 0 0 0 0 8969 8978 0 0 2445 68669 53380 77638 62358 208212 86301 3948767 4034731 2200 1859 3946567 4032872 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 53452 0 0 Property stewardship, inspection and maintenance 0 0 0 53452 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 0 0 1 0 0 0 0 0 0 0 0 0 1 6 0 3 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 1 1 0 X Clarence O Peterson IV 2037332030 PO Box 213 Newtown CT 06470 Robert Eckenrode 3 X X 0 0 0 Ed Kelleher 2 X X 0 0 0 Clarence O Peterson IV 4 X X 0 0 0 Martha Wright 1 X 0 0 0 Coke Cramer 1 X 0 0 0 William Watts 1.5 X 0 0 0 Bart Smith 3 X X 0 0 0 Dan Dalton 1 X 0 0 0 Brian Hennessey 1 X 0 0 0 Dr Aaron Coopersmith 4 X 0 0 0 Tim Gagne 2 X 0 0 0 Steve Maksel 21 X 0 0 0 0 0 0 0 0 0 0 0 0 1725 0 0 0 93286 62000 95011 0 73019 73019 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Unrealized Depreciation of Investments - Net 900099 -19371 -19371 0 0 0 0 0 0 -19371 148659 53648 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8417 8237 180 0 0 0 0 0 0 0 0 0 561 548 13 0 1827 1827 0 0 0 0 0 0 756 0 756 0 1500 750 750 0 3094 120 886 2088 888 573 251 64 290 200 80 10 7609 6837 656 116 1639 750 889 7506 7506 10513 8346 2000 167 Property Stewardship and Management 17513 17513 0 0 Property Signs 245 245 0 0 62358 53452 6461 2445 2943 28044 209678 52288 1783 104387 50040 57439 54347 1382984 1540546 0 2295723 2357723 3948767 4034731 2200 1859 2200 1859 X 1572562 1570297 78282 104852 2295723 2357723 3946567 4032872 3948767 4034731 X 86301 4 X 0 0 0 X 33896 4369 58283 38083 33011 167642 33896 4369 58283 38083 33011 167642 167642 74289 76539 76550 86807 86659 400844 568486 0.29489 0.27904 X The organization is a land trust which has accepted donations of land to be preserved for ecological purposes and passive recreation open to the public. Along with the donations of land, the land trust accepts donations of cash and investments to specifically provide for the perpetual stewardship of the properties we own and protect. Facts and Circumstances Test - The organization is a land trust which has accetped donation of land to preserve the ecological characteristics of the land to only be used for passive recreation open to the public. Along with the donations of land the land trust accepted donations of cash and investments specifically to provide future earnings to pay for the perpetual stewardship of the properties we own and protect. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 3 91 0 0 0 1 1 12 0 1 78282 25000 4668 0 3098 0 104852 51666 25000 3166 0 1550 0 78282 0 50000 3166 0 1500 0 51666 0.4 0.6 0 0 0 0 0 0 83095 0 43352 39743 0 0 0 0 21292 0 6688 14604 0 0 0 0 54347 Donated Land Since 2003 934723 Donated Conservation Easements Since 2003 1423000 2357723 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 acquired in recent prior years 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 their respective fair values based on a certified appraisal. 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 the costs should we need to enforce our rights under the conservation easements we hold. X 1 62000 FMV 0 0 1 0 SchM_P01_S00_L17 Schedule M, Part I, Line 17 Property donated as required by local zoning regulations for a subdevelopment which abuts one of our existing preserves. 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_S0B_L11a Form 990, Part VI, Section B, Line 11a Upon completion of the Form 990 by the Treasurer, the Treasurer provides the draft first to another board director 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 annaul representation acknowledging thier responsibilities under the code 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 indepentent 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 rounding E-filing was not permitted in the months preceeding original filing deadline and is being filed within the timeline permitted as a result of the system limitations.