2012-07-20T09:57:28-05:00 2011-12-31 232108173 REINSEL KUNTZ LESHER LLP PO BOX 8408 LANCASTER PA 176048408 990 2011-01-01 204233446 LANCASTER FARMLAND TRUST LANC 7176878484 125 LANCASTER AVE STRASBURG PA 17579 KAREN L MARTYNICK 7176878484 2012-07-12 1 ELIZABETH BRENNAN P01588115 7173945666 2011 2016-02-24 21:20:13Z KAREN L MARTYNICK 125 LANCASTER AVE STRASBURG PA 17579 6074525 0 X WWW.LANCASTERFARMLANDTRUST.ORG X 1988 PA LANCASTER FARMLAND TRUST PERMANENTLY PRESERVES AND PROTECTS PRODUCTIVE AGRICULTURAL LAND; PROMOTES GOOD STEWARDSHIP OF THE LAND TO ENHANCE AND IMPROVE THE ENVIRONMENT; AND SUPPORTS PUBLIC POLICY, LAWS AND ACTIONS THAT ENCOURAGE FARMLAND PRESERVATION AND PROTECTION OF NATURAL RESOURCES. 17 17 15 150 0 0 5480807 4849755 124698 87019 135869 110392 107697 -4538 5849071 5042628 0 0 0 0 600195 620681 0 0 138813 5267404 4409776 5867599 5030457 -18528 12171 3325186 3427098 47644 281935 3277542 3145163 X LANCASTER FARMLAND TRUST PERMANENTLY PRESERVES AND PROTECTS PRODUCTIVE AGRICULTURAL LAND; PROMOTES GOOD STEWARDSHIP OF THE LAND TO ENHANCE AND IMPROVE THE ENVIRONMENT;AND SUPPORTS PUBLIC POLICY, LAWS AND ACTIONS THAT ENCOURAGE FARMLAND PRESERVATION AND PROTECTION OF NATURAL RESOURCES. 0 0 4714278 87019 LANCASTER FARMLAND TRUST PRESERVES AND PROTECTS PRODUCTIVE AGRICULTURAL LAND; PROMOTES GOOD CONSERVATION PRACTICES THROUGH OUTREACH AND EDUCATION AND SUPPORTS AND ENCOURAGES PUBLIC POLICY AND ACTIONS THAT CONTRIBUTE TO FARMLAND PRESERVATION AND GOOD STEWARDSHIP OF THE LAND. DURING 2011, LANCASTER FARMLAND TRUST PERMANENTLY PRESERVED 22 FARMS AND 1,239 ACRES OF THE MOST PRODUCTIVE, NON-IRRIGATED LAND IN THE UNITED STATES. IN ADDITION, THE TRUST HELD FOUR EDUCATIONAL WORKSHOPS TO INSTRUCT FARMERS IN BEST MANAGEMENT PRACTICES AND CONDUCTED 182 INDIVIDUAL FARM VISITS TO PROMOTE GOOD PRACTICES AND ASSIST IN THE IMPLEMENTATION. THE TRUST ALSO PROVIDED EDUCATION AND OUTREACH TO MUNICIPAL OFFICIALS ABOUT POLICIES THAT SUPPORT AGRICULTURE AND PRESERVATION. 4714278 1 1 0 1 0 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 11 0 15 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X GAYLE MCMICHAEL AND PATTY O'BRIEN 7176878484 125 LANCASTER AVENUE STRASBURG PA 17579 X DENNIS M GRIMM 2.00 X X 0 0 0 JOSEPH V SWEENEY 2.00 X X 0 0 0 JAMES LAFFERTY 2.00 X X 0 0 0 MICHELLE F ATWATER 2.00 X X 0 0 0 ROBERT J BARBER 2.00 X 0 0 0 SYLVAN BLANK 2.00 X 0 0 0 DAVID A BRENISER 2.00 X 0 0 0 ROBERT M KRASNE 2.00 X 0 0 0 KEN LEWIS 2.00 X 0 0 0 KEN MECK 2.00 X 0 0 0 PAUL METZGER 2.00 X 0 0 0 CAROLINE S MORTON 2.00 X 0 0 0 DONALD M ROBINSON 2.00 X 0 0 0 KARL J SENSENIG 2.00 X 0 0 0 LARRY SHIRK 2.00 X 0 0 0 MELVYN G WENGER 2.00 X 0 0 0 NOAH W WENGER 2.00 X 0 0 0 KAREN L MARTYNICK 40.00 X 113321 0 3740 113321 0 3740 1 0 0 0 0 95183 750000 4004572 3337876 4849755 LAND TRUST REIMBURSEME 900099 87019 87019 87019 49300 49300 1036254 975162 61092 61092 61092 32095 95183 56735 -24640 -24640 MISCELLANEOUS 900099 20102 20102 20102 5042628 107121 0 85752 516471 356494 87121 72856 14258 9582 2582 2094 52042 41074 5727 5241 37910 26343 6077 5490 14041 13873 90 78 14550 2200 12350 25925 23620 283 2022 844 844 19338 11231 2464 5643 15459 11100 2347 2012 17783 10608 1327 5848 37432 37432 22246 14878 4070 3298 EASEMENT - DONATED 3242693 3242693 EASEMENT - ACQUISITION 801771 801771 OUTSIDE SERVICES 98782 77363 8114 13305 PRINTING/REPORTS 44877 25521 1307 18049 54035 45083 6075 2877 5030457 4714278 177366 138813 2202 1091 627313 635343 8741 117038 853171 185460 690884 667711 1996046 2005915 3325186 3427098 46856 46923 234175 788 837 47644 281935 X 2944736 3015581 332806 129582 3277542 3145163 3325186 3427098 X 12171 -144550 X X 0 1 1 X 0 X 10769311 7676447 4107972 5480807 4849755 32884292 10769311 7676447 4107972 5480807 4849755 32884292 1599631 31284661 80917 71713 54436 57536 49300 313902 139475 154702 140838 133698 32095 600808 33799002 715429 0.92560 0.47440 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SPECIAL EVENTS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 1 0 0 1 835 0 0 835 0 382 23742.72 6 0 0 1 1 3200.00 150000 60000 60000 695000 132125 562875 57137 33236 23901 41034 20099 20935 667711 OTHER CURRENT LIABILITIES 837 837 5042628 5030457 12171 -144550 -144550 -132379 4958637 -144550 42571 -101979 5060616 -17988 -17988 5042628 5091016 42571 17988 60559 5030457 0 5030457 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: CONSERVATION EASEMENTS DO NOT MEET THE CRITERIA FOR ASSET RECOGNITIONS, THEREFORE, THERE IS NO RECOGNITION ON THE STATEMENT OF FINANCIAL POSITION FOR PURCHASED OR DONATED EASEMENTS. DONATED EASEMENTS ARE REFLECTED AS IN-KIND CONTRIBUTIONS AND EXPENSES ON THE STATEMENT OF ACTIVITIES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE TRUST FOLLOWS THE STANDARDS FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ACCORDING TO THE PRINCIPLES OF ASC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE TRUST, INCLUDING WHETHER THE ENTITY IS EXEMPT FROM INCOME TAXES. MANAGEMENT EVALUATED THE TAX POSITIONS TAKEN AND CONCLUDED THAT THE TRUST HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE TRUST IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2008. PART XII, LINE 4B - OTHER ADJUSTMENTS: DONATED SPECIAL EVENT AUCTION AND FOOD ITEMS -17,988. PART XIII, LINE 2D - OTHER ADJUSTMENTS: DONATED SPECIAL EVENT AUCTION AND FOOD ITEMS 17,988. ANNUAL DINNER 76946 50941 26005 10230 250 7681 7844 PEDAL TO PRESERVE 44227 44227 248 2502 6512 15094 121173 95168 26005 10478 2752 14193 22938 50361 -24356 X 22 3242693 FMV LESS RELATED COSTS X 24 6210 FAIR MARKET VALUE X AUCTION ITEMS 55 10230 FAIR MARKET VALUE X MISCELLANEOUS ITEMS 3 1300 FAIR MARKET VALUE X PRIZE 1 248 FAIR MARKET VALUE 14 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS IS THE NUMBER OF SEPARATE LAND PARCELS COVERED UNDER THE EASEMENTS, NOT THE TOTAL AMOUNT OF ACREAGE DONATED. FORM 990, PART VI, SECTION B, LINE 11 AN INDEPENDENT ACCOUNTANT PREPARES THE FORM 990. THE FORM 990 IS THEN REVIEWED BY THE FINANCE COMMITTEE, REVIEWED BY THE EXECUTIVE COMMITTEE AND FINALLY REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO REVIEW THE ORGANIZATION'S POLICY AND SIGN A CONFLICT OF INTEREST STATEMENT ON A YEARLY BASIS. ANY POTENTIAL CONFLICTS ARE DISCUSSED FULLY BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 INFORMATION REGARDING COMPENSATION FOR COMPARABLE POSITIONS IS COLLECTED AND DISTRIBUTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO THE ANNUAL EVALUATION OF THE EXECUTIVE DIRECTOR AND SETTING OF ANNUAL SALARY OF TOP MANAGEMENT OFFICIALS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE ORGANIZATION. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -144,550. FORM 990, PART XII, LINE 2C: THE TRUST'S FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.