2011-06-27T16:07:40-05:00 2010-12-31 MULLEN SONDBERG WIMBISH & STONE PA 2553 HOUSLEY ROAD SUITE 200 ANNAPOLIS MD 214016751 990 2010-01-01 521489614 AMERICAN CHESTNUT LAND TRUST INC AMER 4104143400 PO BOX 2363 PRINCE FREDERICK MD 20678 PAUL L BERRY 4104143400 2011-06-22 1 MARY K STONE CPA 4102244920 2010 2016-02-24 21:20:13Z PAUL L BERRY PO BOX 2363 PRINCE FREDERICK MD 20678 343751 0 X WWW.ACLTWEB.ORG X 1986 MD PROMOTES LAND CONSERVATION, PROVIDES PUBLIC ACCESS AND PROTECTS NATURAL RESOURCES. 15 15 3 196 0 0 269741 273861 24750 21250 51255 40145 9688 8495 355434 343751 0 0 0 0 173902 186473 0 0 4791 118905 140395 292807 326868 62627 16883 2838645 3008877 13011 42940 2825634 2965937 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. 1 0 113242 29745 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. 106268 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. 41381 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. 260891 1 1 0 0 0 1 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 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 3 1 0 0 0 0 0 0 0 0 X 15 15 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MD X X PAUL BERRY 4104143400 PO BOX 2363 PRINCE FREDERICK MD 20678 DR EDWARD U GRAHAM 4.00 X X 0 0 0 PATRICK J GRIFFIN 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 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 MARCY DAMON 1.00 X 0 0 0 DR DAVID F FARR 1.00 X 0 0 0 JAMES B GREENE JR 1.00 X 0 0 0 STEVE STADELMAN 1.00 X 0 0 0 PETER N STATHIS 1.00 X 0 0 0 JOHN LITTLE 1.00 X 0 0 0 RANDI VOGT 1.00 X 0 0 0 STEVE KULLEN 1.00 X 0 0 0 KAREN EDGECOMBE 40.00 X X 69701 0 7065 69701 0 7065 0 0 0 0 0 6232 20547 16751 230331 30256 273861 MANAGEMENT REVENUE 110000 21250 21250 21250 40145 40145 OTHER INCOME 110000 8495 8495 8495 343751 29745 0 40145 76767 57575 19192 84101 71006 13095 786 640 146 10865 8847 2018 13954 10269 3685 17255 17255 6285 6285 19473 16193 3280 23074 18887 4120 67 11355 9208 2147 2852 2827 25 356 267 89 13520 10301 3219 10002 7328 2674 OUTREACH 15476 10337 415 4724 FORESTRY MANAGEMENT 7260 7260 EQUIPMENT OPERATIONS 4050 4050 WARRIORS REST LAND MANA 2924 2924 DUES & SUBSCRIPTIONS 2471 2471 4042 3246 796 326868 260891 61186 4791 40781 48451 178707 453070 29235 23465 6291 5558 1153521 96457 1037732 1057064 1545899 1421269 2838645 3008877 13011 16197 18062 0 8681 13011 42940 X 1966714 2051811 169411 195573 689509 718553 2825634 2965937 2838645 3008877 X 16883 123420 X 0 1 1 X 0 X 578124 457513 309949 294491 295111 1935188 578124 457513 309949 294491 295111 1935188 324726 1610462 192214 52568 30503 51255 40145 366685 3025 14537 16131 9688 8495 51876 2353749 0.68420 0.54780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 5 374.00 1 1 71.00 0 1307315 29044 155987 61066 6285 1424995 1128975 183791 5451 1307315 1509069 20638 -379442 6339 1128975 0 0 982682 982682 52950 15541 37409 117889 80916 36973 1057064 CAPITAL LEASE OBLIGATION 8681 8681 343751 326868 16883 123420 123420 140303 460886 123420 123420 337466 6285 6285 343751 320583 0 320583 6285 6285 326868 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. 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 MANAGING THE LAND. X X 0 0 0 0 0 0 0 0 0 X 2 30256 CURRENT MARKET VALUE 0 0 0 NEW PROGRAM SERVICES FORM 990, PART III, LINE 2 THE ORGANIZATION BEGAN A COMMUNITY SUPPORTED AGRICULTURE PROGRAM ON 1 ACRE OF FORMER AGRICULTURAL FIELDS TO CONTINUE THE CULTURAL TRADITION OF AGRICULTURE IN CALVERT COUNTY, TO ENGAGE THE COMMUNITY IN AND SUPPORT A SUSTAINABLE FUTURE FOR AGRICULTURE, TO EDUCATE THE PUBLIC ON THE IMPORTANT CONNECTION BETWEEN A FUTURE FOR AGRICULTURE AND THE CONTINUATION OF FARM LAND PRESERVATION, TO PROVIDE FAMILIES WITH LOCALLY AND SUSTAINABLY GROWN FOODS, AND TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR THE PUBLIC AND ESPECIALLY YOUTH ABOUT LOCAL, SUSTAINABLE FARMING PRACTICES. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATIONS BYLAWS WERE AMENDED AS FOLLOWS: 1. TO ALLOW CO-CHAIRS OF STANDING COMMITTEES, WHERE ONLY ONE OF THE CO-CHAIRS IS REQUIRED TO BE A BOARD MEMBER 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 BY THE EO'S INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT WITH THE 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 GAINS ON INVESTMENTS: 123,420.