2011-05-16T08:47:07-05:00 2010-12-31 SANSIVERI KIMBALL & CO LLP 107 AIRPORT ROAD WESTERLY RI 028913420 990 2010-01-01 050506961 THE WATCH HILL CONSERVANCY WATC 4013486540 222 WATCH HILL ROAD WATCH HILL RI 02891 CHAPLIN BARNES 4013486540 2011-05-10 1 TERENCE J MALAGHAN CPA 4015962000 2010 2016-02-24 21:20:13Z CHAPLIN BARNES 222 WATCH HILL ROAD WATCH HILL RI 02891 1084353 0 X WWW.THEWATCHHILLCONSERVANCY.ORG X 1999 RI TO PROMOTE THE PRESERVATION OF THE NATURAL AND BUILT ENVIRONMENTS OF WATCH HILL; TO CONSERVE, MAINTAIN AND ENHANCE THE SCENIC, OPEN SPACE AND HISTORICAL VALUES AND THE CHARACTER OF WATCH HILL, AND SUPPORT THE CONTINUED VITALITY AND SUSTAINABILITY OF THE COMMUNITY; TO EDUCATE THE PUBLIC CONCERNING THE SAME; AND TO ACQUIRE AND PRESERVE INTERESTS IN REAL PROPERTY. 22 21 0 35 0 0 85996 631386 0 0 12247 10583 53905 58790 152148 700759 0 0 0 0 30000 31112 0 0 0 274731 666152 304731 697264 -152583 3495 1748497 1842183 11102 57505 1737395 1784678 X THE WATCH HILL CONSERVANCY WAS INCORPORATED IN 1999 TO PROMOTE THE PRESERVATION OF THE NATURAL AND BUILT ENVIRONMENTS OF WATCH HILL; TO CONSERVE, MAINTAIN AND ENHANCE THE SCENIC, OPEN SPACE AND HISTORICAL VALUES AND THE CHARACTER OF WATCH HILL, AND SUPPORT THE CONTINUED VITALITY AND SUSTAINABILITY OF THE COMMUNITY; TO EDUCATE THE PUBLIC CONCERNING THE SAME; AND TO ACQUIRE AND PRESERVE INTERSTS IN REAL PROPERTY. 0 0 531429 CONTINUING MAJOR PROGRESS ON TWO-YEAR $600,000 ENGINEERING STUDIES FOR UNDERGROUNDING OF UTILITY SERVICES IN THE VILLAGE OF WATCH HILL. 73 POLE SITES WERE STUDIED IN A MILE-LONG LOOP, AND SITES WERE IDENTIFIED FOR NEW TRANSFORMER LOCATIONS. THE PROJECT IS PART OF A WATCH HILL SHORELINE EMERGENCY HAZARD MITIGATION PROJECT. 20000 2010 WAS THE FIFTH YEAR OF THE CONSERVANCYS INVOLVEMENT IN THE NAPATREE POINT CONSERVATION PROGRAM WHICH INCLUDES ENVIRONMENTAL EDUCATION PROGRAMS. IN 2010 THERE WAS AN INCREASED NUMBER OF PARTICIPATING AGENCIES AND STUDENTS AND A MARKED SENSE OF COMMUNITY SUPPORT FOR A CONSERVATION REGIME THAT SUPPORTS ENVIRONMENTAL CONSERVATION, TOGETHER WITH PUBLIC ACCESS AND PUBLIC ENJOYMENT OF WATCH HILL'S MOST SIGNIFICANT NATURAL AREA. 18676 IN 2008 THE CONSERVANCY LAUNCHED THE WATCH HILL CONSERVATOR. THIS NEWSLETTER IS CIRCULATED TO 1,100 HOUSEHOLDS IN THE WATCH HILL AREA AND PROVIDES IN-DEPTH INFORMATION ON CONSERVATION AND HISTORIC PRESERVATION ISSUES, WITH A SPECIAL FOCUS ON WATCH HILL AND THE NEARBY SHORELINE. 90605 90605 660710 1 1 0 0 0 0 1 0 0 0 1 1 0 1 1 0 0 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 11 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 21 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 0 1 1 0 0 RI X X JUDITH H KELLEY 4013486540 222 WATCH HILL ROAD WATCH HILL RI 02891 JAMES R BARNES X 0 0 0 MARIAN C BURKE X 0 0 0 GALAN G DAUKAS X 0 0 0 JUDITH JM ELLIOT X 0 0 0 DONALD R KELLY X 0 0 0 SUSAN KOZEL X 0 0 0 DEBORAH LAMM X 0 0 0 JOAN A LEMP X 0 0 0 CHARLES E LONG X 0 0 0 GEORGE W MARKHAM X 0 0 0 THOMAS F MCWILLIAMS X 0 0 0 EDWIN L RUSSELL X 0 0 0 GRANT G SIMMONS III 2.00 X 0 0 0 H BRIAN THOMPSON X 0 0 0 HENRY TOOLAN X 0 0 0 RICHARD G UNRUH JR X 0 0 0 CHARLES S WHITMAN III X 0 0 0 CHAPLIN B BARNES 10.00 X 30000 0 0 PETER B GRIFFIN X 0 0 0 JANE B O'CONNELL X 0 0 0 RICHARD H SAYRE 1.00 X 0 0 0 FREDERICK B WHITTEMORE 2.00 X 0 0 0 30000 0 0 0 0 0 0 0 60880 6800 563706 631386 10562 10562 347825 347804 21 21 21 94580 6800 35790 58790 58790 700759 21 0 69352 31112 28001 3111 30278 27250 3028 16169 16169 8290 8290 2906 2906 3984 3984 3040 3040 2069 2069 5479 5479 INFRASTRUCTURE ENHANCEM 531429 531429 PUBLICATIONS 20035 20035 NAPATREE CONSERVATION P 20000 20000 ARCHITECTURAL DESIGN 15149 15149 DUES AND SUBSCRIPTIONS 2050 2050 5274 2677 2597 697264 660710 36554 0 172288 149073 16004 173758 42415 39421 10346 7414 5001 2932 613018 477225 899771 999774 1748497 1842183 11102 7505 50000 11102 57505 X 1554709 1659305 182686 125373 1737395 1784678 1748497 1842183 X 3495 43788 X X 1 0 1 X 0 X 98362 602094 276908 60996 613834 1652194 98362 602094 276908 60996 613834 1652194 541867 1110327 26377 80269 27411 15383 8641 158081 1810275 0.61330 0.39090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 1 1.80 1 0 52.00 0 0 0 0 10346 7414 2932 2932 MUTUAL FUNDS 452225 F CERTIFICATES OF DEPOSIT 25000 F 477225 LAND - HELD FOR CONSERVATION 949774 FISCA AGENT FUNDS-RESTRICTED CASH 50000 999774 700759 697264 3495 46743 -2955 43788 47283 780337 46743 35790 82533 697804 2955 2955 700759 733054 35790 35790 697264 0 697264 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: THE CONSERVANCY CURRENTLY HOLDS ONE CONSERVATION EASEMENT WHICH IS OF MINIMAL VALUE AND IS THEREFORE NOT REPORTED ON THE BALANCE SHEET OF THE ORGANIZATION. THE EASEMENT HELD BY THE CONSERVANCY IS A "BACK-UP" EASEMENT TO AN EASEMENT HELD BY ANOTHER LAND TRUST AND THEREFORE NO NEED FOR A WRITTEN POLICY REGARDING THE MONITORING AND INSPECTION OF THE EASEMENT. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENES 35,790. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 35,790. SUMMER GALA 91775 6800 84975 24150 11640 MISCELLANEOUS FUNDRAISING 9605 9605 101380 6800 94580 24150 11640 35790 58790 JUDITH H KELLEY 222 WATCH HILL ROAD WATCH HILL RI 02891 X 2 50000 REAL ESTATE APPRAISAL 0 0 0 PROGRAM SERVICE STATEMENT FORM 990, PART III, LINE 4A THE WATCH HILL CONSERVANCY CONTINUES WITH THE UNDERGROUND UTILITY PROJECT, TO REMOVE UTILITY POLES AND RELOCATE WIRES UNDERGROUND ALONG BAY STREET, FORT ROAD AND THE SURROUNDING LOOP OF LARKIN ROAD, BLUFF AVENUE, AND PLIMPTON ROAD. 73 POLES, MANY WITH AERIAL TRANSFORMERS, WERE IDENTIFIED AND WILL BE REMOVED AND REPLACED WITH UNDERGROUND INFRASTRUCTURE. IN 2010, THE CONSERVANCY RECEIVED CONTRIBUTIONS RELATED TO THIS PROJECT TOTALING APPROXIMATELY $487,000, WITH RELATED EXPENSES ALSO IN 2010 OF APPROXIMATELY $531,000. THIS PROJECT, WHILE MANAGED BY THE CONSERVANCY, IS CONDUCTED INDEPENDENTLY OF THE CORE OPERATIONS OF THE ORGANIZATION, AND RECORDS OF REVENUE AND EXPENSES FOR THE PROJECT ARE MAINTAINED SEPARATELY FROM REVENUE AND EXPENSES RELATED TO THOSE CORE OPERATIONS. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BODY IS ELECTED ON AN ANNUAL BASIS BY A QUORUM OF THE ACTIVE MEMBERSHIP. IF THERE ARE VACANCIES IN THE BOARD DURING THE YEAR, THE VACANCY WILL BE FILLED BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS ELECT THE DIRECTORS ON AN ANNUAL BASIS. AT THE ANNUAL MEETING THE MEMBERS VOTE ON A RESOLUTION APPROVING THE ACTS AND RESOLVES OF THE DIRECTORS, OFFICERS AND COMMITTEES FOR THE PREVIOUS YEAR. FORM 990, PART VI, SECTION B, LINE 11 AFTER COMPLETION, THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, TREASURER AND OFFICE MANAGER. SUBSEQUENT TO THEIR REVIEW, THE 990 IS THEN PROVIDED TO THE DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST IN WRITING ON AN ANNUAL BASIS. THE EXECUTIVE DIRECTOR AND ATTORNEY REGULARLY MONITOR FOUNDATION RELATIONSHIPS AND ARE RESPONSIBLE FOR RAISING CONFLICT OF INTEREST ISSUES. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED BY RECOMMENDATION OF THE FINANCE COMMITTEE TO THE BOARD OF DIRECTORS. COMPENSATION IS BASED ON AN AGREED-UPON HOURLY FEE, BUT CAPPED BY THE ANNUAL BUDGET LINE ITEM. FORM 990, PART VI, SECTION C, LINE 19 990 IS AVAILABLE ON THE GUIDESTAR WEBSITE. IN ADDITION, GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 46,743. INVESTMENT EXPENSES: -2,955. TOTAL TO FORM 990, PART XI, LINE 5: 43,788. THE FINANCE COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE REVIEWED FINANCIAL STATEMENTS.