2012-11-12T10:59:16-06:00 2011-12-31 920127098 ELGEE REHFELD MERTZ LLC 9309 GLACIER HWY STE B-200 JUNEAU AK 99801 990 2011-01-01 920156402 SOUTHEAST ALASKA LAND TRUST SOUT 9075863100 119 SEWARD STREET NO 2 JUNEAU AK 99801 FRANK RUE III 9075863100 2012-11-05 1 ROBERT L REHFELD P00104959 9077893178 2012-11-05 2011 2016-02-24 21:20:13Z FRANK RUE III 119 SEWARD STREET NO 2 JUNEAU AK 99801 769944 0 X HTTP://WWW.SOUTHEASTALASKALANDTRUST.ORG/ X 1995 AK PLACE VALUABLE HABITAT, RECREATION, HISTORIC AND OPEN SPACE LANDS UNDER CONSERVATION PROTECTIONS BY HOLDING CONSERVATION EASEMENTS OR FEE SIMPLE TITLE. 9 8 5 3 0 0 82647 144875 995417 582878 44574 42191 7752 0 1130390 769944 0 14798 0 0 104017 115563 0 0 6556 1795680 127779 1899697 258140 -769307 511804 5300324 5745914 3102 13535 5297222 5732379 X THE SOUTHEAST LAND TRUST COOPERATES WITH COMMUNITIES,LANDOWNERS, AND OTHERS TO ENSURE THAT HABITAT, RECREATION, OPEN SPACE, AND HISTORIC AREAS REMAIN IN PLACE FOR THE WELL-BEING OF EACH GENERATION. 0 0 177910 14798 582878 LAND MANAGEMENT INCLUDES ALL PRIORITIZATION WORK, SITE SELECTION, PROJECT DEVELOPMENT, DUE DILIGENCE AND PURCHASE OF CONSERVATION EASEMENT OR FEE TITLE PROPERTIES. THIS INCLUDES OUTREACH AND COMMUNICATION WITH LANDOWNERS, SITE VISITS, REPORT PREPARATION AND NEGOTIATIONS WITH LANDOWNERS. THIS PROGRAM ALSO INCLUDES PROPERTIES PURCHASED WITH FUNDING FROM DEVELOPERS PAID TO SOUTHEAST ALASKA LAND TRUST VIA THEIR IN-LIEU FEE AGREEMENT WITH THE ARMY CORPS OF ENGINEERS. 29292 STEWARDSHIP INCLUDES MANAGEMENT OF ALL PROPERTIES CURRENTLY OWNED BY SOUTHEAST ALASKA LAND TRUST. IN ADDITION, IT INCLUDES MONITORING ALL CONSERVATION EASEMENTS HELD BY SOUTHEAST ALASKA LAND TRUST, INCLUDING MEETINGS WITH LANDOWNERS. LANDOWNER INFORMATION SERVICES - SEALTRUST PROVIDES INTERESTED LANDOWNERS WITH INFORMATION ABOUT CONSERVATION OPTIONS FOR THEIR PROPERTY; WE WORK WITH THE LANDOWNER TO DETERMINE WHICH OPTION IS MOST APPROPRIATE FOR THEIR PURPOSES; AND DEVELOP AN IMPLEMENTATION SCHEDULE OR CONSERVATION STRATEGY WHERE APPROPRIATE. STEWARDSHIP - SEALTRUST HOLDS LANDS OR CONSERVATION INTERESTS (CONSERVATION EASEMENTS) IN LANDS THROUGHOUT SOUTHEAST ALASKA. WE ROUTINELY MONITOR THESE LANDS TO INSURE THAT THE CONSERVATION VALUES REMAIN INTACT AND THAT ANY USE OF THE LANDS IS CONSISTENT WITH ITS DOCUMENTED PERMISSIBLE USES. WE CONDUCT MANAGEMENT ACTIVITIES ON FEE SIMPLE LANDS AS NEEDED. 207202 1 1 0 0 0 1 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 5 0 1 5 1 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 AK X THE ORGANIZATION 9075863100 119 SEWARD STREET NO 2 JUNEAU AK 99801 JON TILLINGHAST 1.00 X X 0 0 0 MIKE GRUMMETT 1.00 X X 0 0 0 MELINDA LAMB 1.00 X X 0 0 0 FRANK RUE 1.00 X X 0 0 0 PATRICIA HARRIS 1.00 X 0 0 0 JIM KING 1.00 X 0 0 0 CRAIG LINDH 1.00 X 0 0 0 MIKE MAUSETH 1.00 X 0 0 0 ROMAN MOTYKA 1.00 X 0 0 0 DIANE MAYER 20.00 X 46193 0 0 46193 0 0 0 0 0 0 0 70808 74067 38000 144875 FEES IN LIEU REVENUE 900099 571642 571642 FEES IN LIEU REVENUE A 900099 11236 11236 582878 42191 42191 769944 582878 0 42191 14798 14798 46193 23193 22250 750 59679 45498 10874 3307 9691 6270 3048 373 100 100 3090 2111 798 181 8787 8787 77812 77812 14639 8335 4898 1406 7960 5780 1803 377 3940 3940 3231 2358 711 162 LAND TRANSACTIONS 8220 8220 258140 207202 44382 6556 66423 25153 4772250 5241044 37583 18104 6708 6130 578 578 423490 461035 5300324 5745914 3102 13535 3102 13535 X 91010 58785 5206212 5673594 5297222 5732379 5300324 5745914 X 511804 -76647 X 0 1 0 X 0 X 80337 40435 180093 82647 144875 528387 80337 40435 180093 82647 144875 528387 528387 50298 38916 52489 44574 42191 228468 756855 7636778 0.69810 0.66390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 11 2976.00 0 0 0 1 1 250.00 19357 423490 35514 6290 19000 1680 444614 266615 143678 31498 13800 4501 423490 127318 123924 25963 8200 2390 266615 168861 -34769 5002 1772 127318 1.00000 0 0 6708 6130 578 578 769944 258140 511804 -8324 -323 -68000 -76647 435157 693620 -8324 -68000 -76324 769944 0 769944 258140 0 258140 0 258140 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: THE TRUST HAS ACQUIRED AND HOLDS A NUMBER OF CONSERVATION EASEMENTS, EACH REPRESENTING A LEGAL INTEREST IN LAND OWNED BY ANOTHER PERSON OR ENTITY. THE CONSERVATION EASEMENTS DO NOT HAVE MEASURABLE ECONOMIC VALUE BECAUSE THE EASEMENTS EXTINGUISH FUTURE DEVELOPMENT RIGHTS IN THE SUBJECT PROPERTIES AND GRANT THE TRUST THE RIGHT TO PROTECT THE LAND FOR CONSERVATION PURPOSES. BECAUSE OF THE UNIQUE NATURE OF THESE ASSETS, THE IMPRACTICALITY OF OBTAINING CONSISTENT AND RELIABLE ESTIMATES OF THE VALUES ASCRIBED TO THESE INTERESTS, AND CONSISTENT WITH THE PRACTICES FOLLOWED BY MANY ENVIRONMENTAL LAND TRUSTS, THE TRUST'S FINANCIAL STATEMENTS DO NOT INCLUDE ANY AMOUNTS FOR THESE PROPERTY INTERESTS. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: SEALTRUST'S CONSERVATION EASEMENT STEWARDSHIP FUND IS AVAILABLE TO MONITOR AND DEFEND, EQUALLY AND TO THE FULLEST EXTENT OUR RESOURCES ALLOW, THE TERMS OF THE CONSERVATION EASEMENTS SEALTRUST HOLDS. WE MAY ONLY WITHDRAW FUNDS TO PAY FOR THE EXPENSES OF EASEMENT STEWARDSHIP MONITORING AND ENFORCEMENT (IE, ROUTINE OR SPECIAL MONITORING, PREVENTATIVE MEASURES, OR COMPLIANCE ENFORCEMENT) AND ONLY IN THE THAT AMOUNT WHICH COVERS THE ACTUAL COSTS OF THE STEWARDSHIP RESPONSIBILITIES DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE TRUST IS A NON-PROFIT ORGANIZATION EXEMPT FROM FEDERAL TAXES UNDER THE PROVISIONS OF THE INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3). THE TRUST FOLLOWS THE PROVISIONS OF FASB ASC 740, AND MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN. THE ORGANIZATION'S FEDERAL INCOME TAX RETURNS (FORM 990) ARE SUBJECT TO POSSIBLE EXAMINATION BY THE INTERNAL REVENUE SERVICE UNTIL THE EXPIRATION OF THE RELATED STATUTE OF LIMITATIONS ON THOSE TAX RETURNS, WHICH, IN GENERAL, HAVE A THREE-YEAR STATUTE OF LIMITATIONS. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE (IMPAIRMENT) -68,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE (IMPAIRMENT) -68,000. 1 FRIENDS OF THE JENSEN-OLSEN ARBORETUM 23035 GLACIER HIGHWAY JUNEAU AK 99801 272917330 501C3 14798 SUPPORT FOR OPERATIONS 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THESE "GRANT" FUNDS ARE USED TO SUPPORT OPERATIONS AT THE JENSEN-OLSON ARBORETUM, A PROPERTY ON WHICH THE SOUTHEAST ALASKA LAND TRUST HOLDS A CONSERVATION EASEMENT. ALL FUND EXPENDITURES MUST BE IN SUPPORT OF ARBORETUM OPERATIONS AND SPENT IN MANNER WHICH IS ALLOWABLE UNDER THE TERMS OF THE CONSERVATION EASEMENT. THE TRUST CONDUCTS ANNUAL SITE VISITS (OR MORE FREQUENTLY AS MY BE NEEDED) TO MONITOR ARBORETUM ACTIVITIES. ARBORETUM STAFF PROVIDES WRITTEN NOTICE OF NEW OR CHANGED ARBORETUM OPERATIONS. JAMES KING CURRENT BOARD MEMBER 30000 LAND PURCHASE 0 X 1 38000 APPRASIAL 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 RETURN IS REVIEWED BY ONE OR MORE OFFICERS BEFORE FILING FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY THROUGH ANNUAL SELF DISCLOSURE OF POSSIBLE CONFLICTS BY BOARD MEMBERS. IN ADDITION, POTENTIAL CONFLICTS ARE MONITORED AT REGULAR BOARD MEETINGS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORMS 1023 AND 990 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS PUBLIC DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -8,324. PRIOR PERIOD ADJUSTMENTS: -323. CHANGE IN VALUE (IMPAIRMENT) -68,000. TOTAL TO FORM 990, PART XI, LINE 5: -76,647.