2012-05-14T09:04:39-05:00 2011-06-30 SCIARABBA WALKER & CO LLP 200 E BUFFALO ST SUITE 402 ITHACA NY 14850 990 2010-07-01 222983688 FINGER LAKES LAND TRUST FING 6072759487 202 EAST COURT STREET ITHACA NY 14850 STU SCHWEIZER 6072759487 2012-05-14 1 DAVID E ILES 6072725550 2010 2016-02-24 21:20:13Z STU SCHWEIZER 202 EAST COURT STREET ITHACA NY 14850 5516420 0 X WWW.FLLT.ORG X 1989 NY THE FINGER LAKES LAND TRUST, INC. (THE LAND TRUST) IS A MEMBERSHIP-SUPPORTED, NON-PROFIT LAND CONSERVATION ORGANIZATION DEDICATED TO PROTECTING THOSE LANDS THAT DEFINE THE CHARACTER OF THE FINGER LAKES REGION OF UPSTATE NEW YORK. SINCE 1989, THE LAND TRUST HAS WORKED TO CONSERVE THE BEAUTIFUL, WILD, AND WORKING LANDSCAPES OF THE AREA BY ESTABLISHING NATURE PRESERVES WHICH ARE OPEN TO THE PUBLIC, HOLDING CONSERVATION EASEMENTS (VOLUNTARY LEGAL AGREEMENTS ON PRIVATE LANDS), EDUCATING FOR RESPONSIBLE STEWARDSHIP, AND COLLABORATING WITH LANDOWNERS, COMMUNITIES, AND LOCAL GOVERNMENTS. 13 13 10 200 11607 3344 1179395 5017697 4771 9955 71571 46550 5872 11967 1261609 5086169 0 0 0 0 506083 556679 0 0 168760 321847 2408274 827930 2964953 433679 2121216 8253126 10810358 150397 392399 8102729 10417959 X THE FINGER LAKES LAND TRUST, INC. (THE LAND TRUST) IS A MEMBERSHIP-SUPPORTED, NON-PROFIT LAND CONSERVATION ORGANIZATION DEDICATED TO PROTECTING THOSE LANDS THAT DEFINE THE CHARACTER OF THE FINGER LAKES REGION OF UPSTATE NEW YORK. SINCE 1989, THE LAND TRUST HAS WORKED TO CONSERVE THE BEAUTIFUL, WILD, AND WORKING LANDSCAPES OF THE AREA BY ESTABLISHING NATURE PRESERVES WHICH ARE OPEN TO THE PUBLIC, HOLDING CONSERVATION EASEMENTS (VOLUNTARY LEGAL AGREEMENTS ON PRIVATE LANDS), EDUCATING FOR RESPONSIBLE STEWARDSHIP, AND COLLABORATING WITH LANDOWNERS, COMMUNITIES, AND LOCAL GOVERNMENTS. 0 0 2678063 9955 OFFERING LANDOWNERS VOLUNTARY, DIRECT MEANS TO INSURE PERMANENT PROTECTION OF OPEN SPACE, AGRICULTURAL LAND, FORESTS, WETLANDS AND ANIMAL AND PLANT HABITATS. 2678063 1 1 0 0 0 1 0 0 0 1 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 0 0 0 0 0 0 0 0 0 1 17 0 10 1 1 1 0 0 0 0 0 1 1 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X BURCH CRAIG TREASURER 6072759487 202 EAST COURT STREET ITHACA NY 14850 BOB BRANCATO 1.00 X 0 0 0 BURCH CRAIG 1.00 X X 0 0 0 STEVE GREEN 1.00 X X 0 0 0 HOWARD HARTNETT 1.00 X X 0 0 0 MARTI MACINSKI 1.00 X 0 0 0 ED PREMO 1.00 X 0 0 0 CHRIS PROULX 1.00 X 0 0 0 STU SCHWEIZER 1.00 X X 0 0 0 DON SPECKER 1.00 X 0 0 0 DOUGH SUTHERLAND 1.00 X 0 0 0 JAN SUWINSKI 1.00 X 0 0 0 MARIANNE YOUNG 1.00 X 0 0 0 BOB WERNER 1.00 X 0 0 0 ANDREW ZEPP 40.00 X 99715 0 15184 99715 0 15184 0 0 0 0 0 5017697 1624975 5017697 OPERATIONS AND ADMINIS 110000 9955 9955 9955 36404 36404 360 360 42650 31043 11607 11607 11607 180854 228500 158118 241090 22736 -12590 10146 10146 5086169 9955 11607 46910 114899 75833 16086 22980 341735 225545 47843 68347 21358 14096 2990 4272 41353 27293 5789 8271 37334 24640 5227 7467 8095 5343 1133 1619 98574 65059 13800 19715 7551 4984 1057 1510 8659 5715 1212 1732 22120 14599 3097 4424 2886 1905 404 577 13445 8874 1882 2689 11332 7480 1586 2266 PURCHASE DEVELOPMENT RI 1087646 1087646 CONSERVATION EASEMENT 1016923 1016923 POSTAGE AND PRINTING 32995 21777 4619 6599 PROPERTY TAX 23835 15731 3337 4767 FEES 11771 7769 1648 2354 62442 46851 6420 9171 2964953 2678063 118130 168760 3 2280315 1793012 99418 1165363 29 160 1881 1558 24982 9936 6757670 140770 4803821 6616900 1003846 1220582 77 38831 2770 8253126 10810358 14058 13229 89993 334565 10000 10000 36346 34605 150397 392399 X 1429978 3177611 2635056 2641063 4037695 4599285 8102729 10417959 8253126 10810358 X 2121216 194014 X 0 1 1 X 0 X 621179 2166443 1429534 1179395 5017697 10414248 621179 2166443 1429534 1179395 5017697 10414248 1594780 8819468 47354 74868 46171 37919 47982 254294 6787 4512 4108 5512 11967 32886 735 564 1299 10702727 30095 0.82400 0.72750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1002 0 0 1 1002 1002 0 ORGANIZATIONS DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES: PART I-A, LINE 1: THE ORGANIZATION HAD A FEW EMPLOYEES WRITE AN ARTICLE DISCUSSING THE IMPACTS OF FRACKING IN NYS FOR A JOURNAL. X X X X 77 6439.00 23 1 1 834.00 28388 1 6395298 6395298 227936 62682 165254 93291 39692 53599 41145 38396 2749 6616900 ACCRUED PAYROLL 30380 SECURITY DEPOSITS PAYABLE 4225 34605 5086169 2964953 2121216 194014 194014 2315230 5312301 194014 1075 31043 226132 5086169 0 5086169 2997071 1075 31043 32118 2964953 0 2964953 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: THE LAND TRUST RECORDS DONATION INCOME FOR CONSERVATION EASEMENTS BASED ON THE REDUCTION IN MARKET VALUE OF THE LAND BEFORE AND AFTER THE EASEMENT HAS BEEN OBTAINED. THE LAND TRUST HAS DETERMINED THAT THE DONATED EASEMENTS HAVE A RESIDUAL OF VALUE OF $1 TO THE ORGANIZATION, AND THEREFORE WILL RECORD AN OFFSETTING EXPENSE TO WRITE DOWN THE EASEMENT VALUE. PART XI, LINE 8 - OTHER ADJUSTMENTS: ROUNDING PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 31,043. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 31,043. 1 PURCHASE DEVELOPMENT RIGHTS GRANT 1 1087646 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FUNDING IS RECEIVED FROM YATES COUNTY WHO CONTRACTS WITH THE ORGANIZATION TO FACILITATE THE GRANTS ON THEIR BEHALF WITH THESE INDIVIDUALS AS THE COUNTY IS UNABLE TO OBTAIN CONSERVATION EASEMENTS NECESSITATING THE LAND TRUST INVOLVEMENT. THEREFORE YATES COUNTY MONITORS THE USE OF THE GRANT FUNDS. X LAND 4 1674975 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE ANNUAL FORM 990 IS REVIEWED BY THE TREASURER OF THE FINGER LAKES LAND TRUST BEFORE GIVING TO THE PRESEIDENT TO SIGN AND MAIL. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS THE BOARD AND KEY EMPLOYEES ARE ASKED TO REVIEW THE POLICY AND REAFFIRM THEIR ACCEPTANCE AND UNDERSTANDING OF THE POLICY BY SIGNING A CERTIFICATION STATEMENT. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS DETERMINES AND REVIEWS COMPENSATION FOR THE EXECUTIVE DIRECTOR BASED ON A COMPARISON OF OTHER SIMILAR SIZE AGENCIES IN THE AREA AND OTHER LAND TRUSTS. THE DISCUSSION AND APPROVAL IS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES COPIES OF GOVERNING DOCUMENTS UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 194,014. ROUNDING