2012-07-26T11:04:43-05:00 2011-12-31 521197902 MULLEN SONDBERG WIMBISH & STONE PA 2553 HOUSLEY ROAD SUITE 200 ANNAPOLIS MD 214016751 990 2011-01-01 521489614 AMERICAN CHESTNUT LAND TRUST INC AMER 4104143400 PO BOX 2363 PRINCE FREDERICK MD 20678 PAUL L BERRY 4104143400 2012-06-07 1 MARY K STONE CPA P00440644 4102244920 2011 2016-02-24 21:20:13Z PAUL L BERRY PO BOX 2363 PRINCE FREDERICK MD 20678 550016 0 X WWW.ACLTWEB.ORG X 1986 MD PROMOTES LAND CONSERVATION, PROVIDES PUBLIC ACCESS AND PROTECTS NATURAL RESOURCES. 17 17 6 220 0 0 273861 436466 21250 42439 40145 40601 8495 21308 343751 540814 0 0 0 0 186473 193783 0 0 1571 140395 127779 326868 321562 16883 219252 3008877 3227349 42940 68922 2965937 3158427 X PROMOTES LAND CONSERVATION THROUGHOUT CALVERT COUNTY, MARYLAND; PROVIDES ENVIRONMENTALLY SUSTAINABLE PUBLIC ACCESS TO PRESERVED PROPERTIES FOR EDUCATIONAL, SCIENTIFIC, RECREATIONAL AND CULTURAL PURPOSES; AND PROTECTS NATURAL AND CULTURAL RESOURCES IN THE PARKERS CREEK AND GOVERNORS RUN WATERSHEDS FOR BENEFIT OF THIS AND FUTURE GENERATIONS. 0 0 141648 42439 LAND MANAGEMENT PROGRAM: PROTECTED AND MANAGED THE 3,000 ACRE PARKERS CREEK PRESERVE'S NATURAL RESOURCES BY: IMPLEMENTING FORESTRY MANAGEMENT PLANS, CONTROLLING NONNATIVE INVASIVE PLANT SPECIES; COLLECTING MONTHLY SURFACE WATER QUALITY SAMPLES; INSTITUTING A COMMUNITY SUPPORTED AGRICULTURE PROGRAM; AND CONDUCTING A WHITE-TAILED DEER HERD MANAGEMENT PROGRAM. PROTECTED CULTURAL RESOURCES BY: STABILIZING HISTORIC STRUCTURES AND MAINTAINING A HISTORIC CEMETERY. 81175 MEMBERSHIP & OUTREACH SERVICES: MAINTAINED 15 MILES OF HIKING TRAILS TO ENCOURAGE PUBLIC ACCESS TO PRESERVED LANDS FOR EDUCATIONAL, SCIENTIFIC, RECREATIONAL AND CULTURAL PURPOSES; CONDUCTED GUIDED CANOE TRIPS TO PROVIDE ENVIRONMENTAL EDUCATION TO THE PUBLIC ABOUT THE PARKERS CREEK WATERSHED; MANAGED THE LIMITED ACCESS WARRIOR'S REST SANCTUARY FOR ENVIRONMENTAL EDUCATION AND SCIENTIFIC RESEARCH; AND CONDUCTED OUTREACH AND STEWARDSHIP EVENTS. 35418 LAND PRESERVATION: ACTIVELY AND REGULARLY MONITORED 910 ACRES OWNED IN FEE SIMPLE BY THE AMERICAN CHESTNUT LAND TRUST; ACTIVELY AND REGULARLY MONITORED 1,780 ACRES OF LAND OWNED IN FEE SIMPLE BY THE STATE OF MARYLAND AND LEASED BY THE AMERICAN CHESTNUT LAND TRUST; ACTIVELY AND REGULARLY MONITORED 5 CONSERVATION EASEMENTS TOTALING 374 ACRES. WORKED TO PRESERVE ADDITIONAL ACREAGE IN THE PARKERS CREEK AND GOVERNORS RUN WATERSHEDS. 258241 1 1 0 0 0 0 1 0 0 1 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 0 0 0 0 0 0 0 0 0 1 6 0 1 6 1 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MD X PAUL BERRY 4104143400 PO BOX 2363 PRINCE FREDERICK MD 20678 DR DAVID F FARR 1.00 X X 0 0 0 PAUL L BERRY 4.00 X X 0 0 0 CAROLINE E VANMASON 1.00 X X 0 0 0 PATRICK J GRIFFIN 4.00 X X 0 0 0 SCOTT GALCZYNSKI 1.00 X 0 0 0 DREDWARD U GRAHAM 1.00 X 0 0 0 DR CAROLYN EBEL 1.00 X 0 0 0 DR DENISE BREITBURG 1.00 X 0 0 0 GARY LOEW 1.00 X 0 0 0 JAMES B GREENE JR 1.00 X 0 0 0 JOHN LITTLE 1.00 X 0 0 0 MARCY DAMON 1.00 X 0 0 0 PETER N STATHIS 1.00 X 0 0 0 RANDI VOGT 1.00 X 0 0 0 STEVE KULLEN 1.00 X 0 0 0 STEVE STADELMAN 1.00 X 0 0 0 SUZAN SHELDEN 1.00 X 0 0 0 KAREN EDGECOMBE 40.00 X 69167 0 7634 69167 0 7634 0 0 0 0 0 9362 17760 1295 408049 436466 MANAGEMENT REVENUE 110000 21250 21250 FARM SALES AND MISCELL 110000 21189 21189 42439 40601 40601 30510 1295 9202 21308 21308 540814 42439 0 61909 69167 56162 13005 88740 72055 16685 21785 17689 4096 14091 11441 2650 15240 11430 3810 7141 7141 10448 10448 18277 14365 3872 40 10890 8994 1896 1780 1780 752 564 188 15295 12722 2573 8672 6393 2279 TRAILS & SIGNAGE 8387 8312 75 EQUIPMENT OPERATIONS 7943 7943 OUTREACH 7272 5741 1531 FORESTRY MANAGEMENT 6839 6839 8843 5363 3480 321562 258241 61750 1571 48451 23402 453070 569816 23465 10000 5558 5604 1156434 111752 1057064 1044682 1421269 1573845 3008877 3227349 16197 11006 18062 50824 8681 7092 42940 68922 X 2051811 2073047 195573 121554 718553 963826 2965937 3158427 3008877 3227349 X 219252 -26762 X X 0 1 1 X 0 X 457513 309949 294491 295111 488226 1845290 457513 309949 294491 295111 488226 1845290 116585 1728705 52568 30503 51255 40145 39967 214438 14537 16131 9688 8495 21189 70040 2129768 0.81170 0.68420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 5 374.00 1 1 82.00 0 1424995 245273 10678 63520 7141 1610285 1307315 29044 155987 61066 6285 1424995 1128975 183791 5451 1307315 1509069 20638 -379442 6339 1128975 0.37000 0.59000 0.04000 0 0 982682 982682 52950 19069 33881 120802 92683 28119 1044682 CAPITAL LEASE OBLIGATION 7092 7092 540814 321562 219252 -26762 -26762 192490 516113 -26762 9202 -17560 533673 7141 7141 540814 323623 9202 9202 314421 7141 7141 321562 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION HAS ESTABLISHED AN ENDOWMENT TO SUPPORT THE LAND MANAGEMENT PROGRAM BUDGET WITH UP TO 5% OF THE EARNINGS ON THE ENDOWMENT FUND. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION ANALYZES TAX POSITIONS TAKEN, INCLUDING THOSE RELATED TO THE REQUIREMENTS SET FORTH IN IRC SEC. 501(C) TO QUALIFY AS A TAX EXEMPT ORGANIZATION, ACTIVITIES PERFORMED BY VOLUNTEERS AND BOARD MEMBERS, THE REPORTING OF UNRELATED BUSINESS INCOME, AND ITS STATUS AS A TAX-EXEMPT ORGANIZATION UNDER MARYLAND STATE STATUTE. THE ORGANIZATION DOES NOT KNOW OF ANY TAX BENEFITS ARISING FROM UNCERTAIN TAX POSITIONS AND THERE WAS NO EFFECT ON THE ORGANIZATIONS FINANCIAL POSITION OR CHANGES IN NET ASSETS AS A RESULT OF ANALYZING ITS TAX POSITIONS. FISCAL YEARS ENDING ON OR AFTER JUNE 30, 2008 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. DONATED CONSERVATION EASEMENTS ARE RECORDED AS CONTRIBUTION REVENUE WHEN RECEIVED. THE ORGANIZATION HAS RECEIVED CASH TO MANAGE A CONSERVATION EASEMENT WHERE ONLY THE EARNINGS ON THESE FUNDS CAN BE USED FOR EXPENDITURES RELATED TO MONITORING THE EASEMENT. AUCTION 31805 1295 30510 350 6771 600 1481 31805 1295 30510 350 6771 600 1481 9202 21308 X X 0 0 0 0 0 0 0 0 0 X 2 139208 CURRENT MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 ACCORDING TO THE ORGANIZATION'S BYLAWS, THERE ARE THREE CATEGORIES OF MEMBERS. CHARTER MEMBERS HAVE CONTRIBUTED A MINIMUM SUM OF $2,500 TO FACILITATE FORMATION OF THE CORPORATION AND ITS INITIAL ACQUISITION OF LAND. PERSONS THEREAFTER, CONTRIBUTING A LIKE SUM, ARE SUSTAINING MEMBERS. ALL OTHER MEMBERS ARE CONSIDERED REGULAR MEMBERS AND PAY ANNUAL DUES. THE BOARD ESTABLISHED SEVERAL LEVELS OF REGULAR MEMBERSHIP DUES. ALL THREE CATEGORIES OF MEMBERS RECEIVE A QUARTERLY NEWSLETTER AND A WRITTEN INVITATION TO THE ANNUAL MEETING OF MEMBERS. ALL MEMBERS PRESENT AT THE ANNUAL MEETING OF THE MEMBERS ARE ENTITLED TO VOTE FOR THE SLATE OF CANDIDATES TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS PRESENT AT THE ORGANIZATION'S ANNUAL MEETING ARE ENTITLED TO VOTE FOR THE SLATE OF CANDIDATES TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR AND DESIGNATED MEMBERS OF THE ORGANIZATION'S BUDGET AND FINANCE COMMITTEE OF THE GOVERNING BODY AND A COPY IS DISTRIBUTED ELECTRONICALLY TO ALL MEMBERS OF THE GOVERNING BODY FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF DIRECTORS AND KEY EMPLOYEES ARE PROVIDED WITH A COPY OF THE CONFLICT OF INTEREST POLICY AND REQUESTED TO COMPLETE AND SIGN AND RETURN TO THE EXECUTIVE DIRECTOR A COPY OF APPENDIX A OF THE POLICY ANNUALLY. EACH INDIVIDUAL IS UNDER A CONTINUING OBLIGATION TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST THAT ARISES DURING THE COURSE OF THE YEAR TO THE PRESIDENT OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S WRITTEN POLICY WITH RESPECT TO SETTING THE SALARY OF ITS EXECUTIVE REQUIRES THE GOVERNING BODY TO PERIODICALLY UTILIZE A SALARY SURVEY TO BENCHMARK COMPENSATION IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. SUCH A REVIEW WAS LAST UNDERTAKEN IN NOVEMBER 2008 BASED ON A SERVEY OF LAND TRUST EXECUTIVE DIRECTORS PUBLISHED IN JUNE 2007. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST AT THE ORGANIZATION'S HEADQUARTERS. THE ORGANIZATION HAS A PUBLIC DISCLOSURE POLICY WHICH DESCRIBES THE ALLOWABLE FORMS WHICH CAN BE GIVEN TO THE GENERAL PUBLIC. THE ORGANIZATION'S FORM 990 IS ALSO AVAILABLE ON THE WEBSITE WWW.GUIDESTAR.COM FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HAS A PUBLIC DISCLOSURE POLICY WHICH DESCRIBES THE ALLOWABLE FORMS WHICH CAN BE GIVEN TO THE GENERAL PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -26,762. THE ORGANIZATION HAS NOT CHANGED ITS PROCESS FOR REVIEWING THE AUDITED FINANCIAL STATEMENTS DURING THE YEAR.