2012-11-13T12:47:21-06:00 2012-06-30 953680171 MCGOWAN GUNTERMANN 111 E VICTORIA ST 2ND FLOOR SANTA BARBARA CA 931012018 990 2011-07-01 953797404 THE LAND TRUST FOR SANTA BARBARA COUNTY THEL 8059664520 PO BOX 91830 SANTA BARBARA CA 931901830 WARREN MILLER 8059664520 2012-11-12 1 P00025230 8059629175 2011 2016-02-24 21:20:13Z WARREN MILLER 1114 STATE STREET 214 SANTA BARBARA CA 93101 5368936 0 X WWW.SBLANDTRUST.ORG X 1982 CA TO PRESERVE, RESTORE AND ENHANCE OPEN SPACE, NATURAL RESOURCES AND AGRICULTURAL LANDS. 14 13 8 120 0 0 9990143 3887707 0 0 152550 242373 5155 23722 10147848 4153802 0 0 0 0 363460 344691 0 0 154251 4429870 9755256 4793330 10099947 5354518 -5946145 12086876 5850667 111782 78942 11975094 5771725 X THE LAND TRUST FOR SANTA BARBARA COUNTY PROTECTS NATURAL RESOURCES, AGRICULTURAL LAND AND OPEN SPACES FOR THE BENEFIT OF PRESENT AND FUTURE GENERATIONS. 0 0 9164216 ACQUISITION OF CONSERVATION LAND AND EASEMENT INTERESTS. COMPLETED ACQUISITION OF 462-ACRE PROPERTY IN SANTA BARBARA FOOTHILLS FOR PRESERVATION AND CONVEYANCE TO LOS PADRES NATIONAL FOREST. FINALIZED TERMS OF AGRICULTURAL CONSERVATION EASEMENT ON FARMLAND IN SANTA YNEZ VALLEY.ONGOING NEGOTIATION WITH GAVIOTA COAST LANDOWNERS FOR POTENTIAL CONSERVATION EASEMENTS. 304870 MANAGEMENT, NATURAL RESOURCE RESTORATION, PUBLIC EDUCATIONAL AND RECREATIONAL ACCESS PROGRAMS ON THREE NATURE PRESERVES OWNED AND ON OTHER LAND UNDER EASEMENT. ANNUAL MONITORING REPORT COMPLETED OF ALL PROPERTY INTERESTS. CONTINUED PARTNERSHIP WITH LOCAL GROUP TO FUND AND DEVELOP PUBLIC TRAIL IN CARPINTERIA. 401200 COMPLETED RESTORATION OF COASTAL WETLANDS AND CREEK HABITAT IN GOLETA SLOUGH AND ON THE GAVIOTA COAST, FUNDED BY FEDERAL, STATE AND LOCAL GRANTS. PLANNING, FUNDING AND IMPLEMENTATION OF PROJECTS TO RESTORE WETLAND AND RIPARIAN WILDLIFE HABITAT, PROVIDE PUBLIC INTERPRETIVE ACCESS, AND SCIENTIFIC MONITORING OF SUCCESS. 9870286 1 1 0 0 0 0 1 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 23 0 1 8 1 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X MICHAEL FEENEY 8059664520 1114 STATE STREET 214 SANTA BARBARA CA 93101 WARREN MILLER 3.00 X X 0 0 0 SHERI OVERALL 3.00 X X 0 0 0 KENNETH MARSHALL 3.00 X X 0 0 0 ERIK GREGERSEN 3.00 X X 0 0 0 MAURIE MCGUIRE 3.00 X 0 0 0 TERRY EAGLE 2.00 X 0 0 0 TOM CAREY 2.00 X 0 0 0 RICH NAGLER 2.00 X X 0 0 0 JAMES PHILLIPPI 4.00 X 0 0 0 BRAD LUNDGREN 4.00 X 0 0 0 GREG PARKER 3.00 X 0 0 0 SUSAN M BASHAM 4.00 X 0 0 0 CARLA M D'ANTONIO 2.00 X 0 0 0 PAUL MCENROE 2.00 X 0 0 0 MICHAEL FEENEY 40.00 X 93647 0 8190 93647 0 8190 0 0 0 0 PETER LAPIDUS CONSTRUCTION INC 1975 CRAVENS LANE CARPINTERIA CA 93013 GENERAL CONTRACTOR 208321 1 3897 407101 3476709 1437974 3887707 124407 124407 1293041 1175075 117966 117966 117966 21742 3897 13669 8073 8073 42039 26390 15649 15649 4153802 15649 0 250446 106855 61335 33552 11968 193179 103982 20395 68802 21137 11437 2581 7119 23520 12944 4140 6436 27792 27792 16658 9204 1698 5756 4984 2929 404 1651 23805 15508 1874 6423 7346 4929 537 1880 3655 2747 235 673 16905 9441 2960 4504 ACQUISITION COSTS 8957948 8957948 IMPROVEMENTS & MAINTENA 444657 444657 PROFESSIONAL SERVICES 165431 162379 427 2625 PRINTING & MAILING 37349 12077 523 24749 48726 30977 6084 11665 10099947 9870286 75410 154251 850 850 1905598 974703 6134211 796384 10818 518 7895 11709 46411 38073 9668 8338 1889601 1822345 2128235 2235820 12086876 5850667 56846 50310 54936 28632 111782 78942 X 1308602 1149884 9466702 3420826 1199790 1201015 11975094 5771725 12086876 5850667 X -5946145 -257224 X X 0 1 1 X 0 X 3934804 6722101 2683678 9990143 3887707 27218433 24584 18695 19200 20830 21742 105051 3959388 6740796 2702878 10010973 3909449 27323484 0 0 0 27323484 140016 174720 133429 108442 124407 681014 140016 174720 133429 108442 124407 681014 4099404 6915516 2836307 10119415 4033856 28004498 0.97570 0.97140 0.02430 0.02860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 31 15587.00 0 7 0 1 1 459.00 45195 0 2521808 42475 19945 185717 2398511 2173481 125915 282612 60200 2521808 2023456 71528 169704 91207 2173481 2407291 17598 -384358 17075 2023456 0.41050 0.50070 0.08880 0 0 35 35 12735 6216 6519 33641 31857 1784 8338 EQUITY INCOME FUNDS 2235820 F 2235820 4153802 10099947 -5946145 -257224 -257224 -6203369 3969593 -257224 73015 -184209 4153802 0 4153802 10172962 73015 73015 10099947 0 10099947 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: PURCHASED LAND IS RECORDED AT COST. DONATED LAND IS RECORDED AT APPRAISED FAIR MARKET VALUE. DURING THE ACQUISITION PROCESS, FUNDS RECEIVED FOR PURCHASE ARE RECORDED AS REVENUE AND ACQUISITION EXPENDITURES ARE RECORDED AS EXPENSES. PRESERVATION LAND AND CONSERVATION EASEMENTS ARE TREATED AS OBLIGATIONS AND ARE RECORDED AT $1 EACH IN PERMANENTLY RESTRICTED NET ASSETS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE LAND TRUST EVALUATES UNCERTAIN TAX PROVISIONS WHEREBY THE EFFECT OF THE UNCERTAINTY WOULD BE RECORDED IF THE OUTCOME WAS CONSIDERED PROBABLE AND REASONABLY ESTIMABLE. AS OF JUNE 30, 2012, THE LAND TRUST HAD NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL. THE LAND TRUST FILES TAX RETURNS IN CALIFORNIA AND U.S. FEDERAL JURISDICTIONS. THE LAND TRUST IS NO LONGER SUJECT TO U.S. FEDERAL AND STATE TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE JUNE 30, 2009. AH CAMPOUT 2150 2150 389 219 AH PLEIN AIR 16574 3897 12677 7555 600 4173 18 6915 6915 379 354 25639 3897 21742 8323 600 4746 13669 8073 SUSAN BASHAM TRUSTEE 24190 THE TRUSTEE IS AN ATTORNEY AND "OF COUNSEL" AT PRICE, POSTEL & PARMA, A LEGAL FIRM WHO WAS PAID BY THE ORGANIZATION FOR LEGAL SERVICES. THESE PAYMENTS WERE IN COMPLIANCE WITH THE ORGANIZATION'S POLICY ON CONFLICT OF INTERESTS. 0 X 3 69398 FMV AT DATE OF GIFT X 1 900000 INDEPENDENT APPRAISAL X PROGRAM SUPPLIES 1 8576 ACTUAL REPLACEMENT COST X WATER RIGHTS 1 460000 INDEPENDENT APPRAISAL 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 MANAGEMENT DOES A DETAILED REVIEW OF THE FORM 990 PRIOR TO FORWARDING IT TO THE AUDIT COMMITTEE FOR THEIR REVIEW. THE BOARD OF TRUSTEES RECEIVES THE FORM 990 PRIOR TO FILING THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ADOPTED CONFLICT OF INTEREST POLICY REQUIRES ANNUAL WRITTEN DISCLOSURE BY EVERY TRUSTEE AND EMPLOYEE, AND BY THOSE ADVISORY COUNCIL MEMEBERS WHO SERVE ON A DECISION-MAKING COMMITTEE. A DISCLOSURE FORM IS SENT TO EACH PERSON, AND RETURNED BY MAIL TO THE PRESIDENT OF THE BOARD OF TRUSTEES. THE PRESIDENT REVIEWS EACH DISCLOSURE FORM, COMPILES A SUMMARY OF THE REPSONSES AND IS RESPONSIBLE FOR INFORMING EACH COMMITTEE CHAIR, AND THE FULL BOARD WHEN APPROPRIATE, OF ANY POTENTIAL CONFLICTS OF INTEREST. RESOLUTION OF ANY IDENTIFIED CONFLICT IS DOCUMENTED IN THE BOARD/COMMITTEE MINUTES, A FORMAL RESOLUTION OR OTHER CORRESPONDENCE AS APPROPRIATE TO THE NATURE OF THE CONFLICT. DURING THE COURSE OF THE YEAR WHEN A NEW PROJECT OR FINANCIAL MATTER IS PRESENTED TO THE BOARD OR A COMMITTEE, MEMBERS ARE ASKED AT THAT TIME WHETHER THEY HAVE ANY CONFLICT OF INTEREST AND APPROPRIATE ACTION IS TAKEN TO MITIGATE OR AVOID PARTICIPATION IN COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS AND ESTABLISHES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR RECOMMENDS THE COMPENSATION OF OTHER STAFF MEMBERS, AND SUBMITS A SALARY, WAGE AND BENEFIT PROPOSAL TO THE EXECUTIVE COMMITTEE FOR APPROVAL. THE SALARY SCHEDULE IS AVAILABLE TO EACH MEMBER OF THE BOARD OF TRUSTEES UPON REQUEST. IN ESTABLISHING COMPENSATION, COMPARATIVE DATA FROM THE NATIONAL LAND TRUST ALLIANCE COMPENSATION SURVEY AND THE 2011 SOUTHERN CALIFORNIA COMPENSATION AND BENEFITS SURVEY COMPILED BY THE CENTER FOR NONPROFIT MANAGEMENT WAS CONSIDERED BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE FOLLOWING DOCUMENTS ARE AVAILABLE BY DOWNLOAD FROM THE ORGANIZATION'S WEB SITE: FORM 990; ANNUAL FINANCIAL STATEMENTS; CODE OF ETHICS; DONOR'S BILL OF RIGHTS; POLICY ON CONFLICT OF INTEREST, BOARD COMPENSATION AND INSIDER TRANSACTIONS; WHISTLEBLOWER POLICY; POLICY ON THE RECEIPT, OWNERSHIP, SALE AND TRANSFER OF MARKETABLE SECURITIES; LAND AND CONSERVATION EASEMENT PROJECT SELECTION CRITERIA AND CHECKLISTS. THE ORGANIZATION HAS ADOPTED THE NATIONAL STANDARDS AND PRACTICES OF THE LAND TRUST ALLIANCE (LTA), AND A LINK IS PROVIDED TO THE LTA WEBSITE WHERE THE STANDARDS AND PRACTICES CAN BE FOUND. FINANCIAL STATEMENTS, FORM 990, FORM 1023 AND ADOPTED POLICIES OF THE ORGANIZATION ARE PROVIDED TO ANY MEMBER OF THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -257,224. ASSUMPTION FOR OVERSIGHT OF AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT FORM 990, PAGE 12, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.