2011-11-15T16:34:01-06:00 2011-06-30 MCGOWAN GUNTERMANN 111 E VICTORIA ST 2ND FLOOR SANTA BARBARA CA 931012018 990 2010-07-01 953797404 THE LAND TRUST FOR SANTA BARBARA COUNTY THEL 8059664520 PO BOX 91830 SANTA BARBARA CA 931901830 WARREN MILLER 8059664520 2011-11-14 1 8059629175 2010 2016-03-07 17:11:31Z WARREN MILLER 1114 STATE STREET 214 SANTA BARBARA CA 93101 10278541 0 X WWW.SBLANDTRUST.ORG X 1982 CA TO PRESERVE, RESTORE AND ENHANCE OPEN SPACE, NATURAL RESOURCES AND AGRICULTURAL LANDS. 14 14 8 100 0 0 2683678 9990143 0 0 97624 152550 17546 5155 2798848 10147848 0 0 0 0 368254 363460 0 0 152365 2467573 4429870 2835827 4793330 -36979 5354518 6592343 12086876 341723 111782 6250620 11975094 X THE LAND TRUST FOR SANTA BARBARA COUNTY PROTECTS NATURAL RESOURCES, AGRICULTURAL LAND AND OPEN SPACES FOR THE BENEFIT OF PRESENT AND FUTURE GENERATIONS. 0 0 2892169 ACQUISITION OF CONSERVATION LAND AND EASEMENT INTERESTS. PURCHASED ONE NEW CONSERVATION EASEMENT TO PROTECT PRODUCTIVE FARMLAND, SCENIC VIEWS AND HABITAT NEAR LOMPOC. ASSISTED COUNTY OF SANTA BARBARA WITH EASEMENT TO PROTECT AND RESTORE ENDANGERED SPECIES HABITAT. PARTNERED WITH NATIONAL ORGANIZATION TO PURCHASE LAND FOR ADDITION TO LOS PADRES NATIONAL FOREST. NEGOTIATED TERMS OF AN EASEMENT TO MITIGATE DEVELOPMENT IMPACTS TO BURTON MESA CHAPARRAL HABITAT. SECURED OPTION TO ACQUIRE PROPERTY IN SANTA BARBARA FOOTHILLS FOR HABITAT PROTECTION AND RECREATIONAL USE. 221333 MANAGEMENT, NATURAL RESOURCE RESTORATION, PUBLIC EDUCATIONAL AND RECREATIONAL ACCESS PROGRAMS ON THREE NATURE PRESERVES OWNED AND ON OTHER LAND UNDER EASEMENT. ANNUAL MONITORING REPORT COMPLETED OF ALL PROPERTY INTERESTS. ENTERED PARTNERSHIP WITH LOCAL GROUP TO FUND AND DEVELOP PUBLIC TRAIL IN CARPINTERIA. 1441444 RESTORATION OF CREEK HABITAT, COASTAL WETLANDS AND COMMUNITY OPEN SPACES. TRAIL MAINTENANCE, WEED MANAGEMENT AND NATIVE PLANT RESTORATION USING PAID CONTRACTORS, STUDENT INTERNS AND VOLUNTEERS. PLANNING, FUNDING AND IMPLEMENTATION OF PROJECTS TO RESTORE WETLAND AND RIPARIAN WILDLIFE HABITAT, PROVIDE PUBLIC INTERPRETIVE ACCESS, AND SCIENTIFIC MONITORING OF SUCCESS. 4554946 1 1 0 0 0 1 0 0 1 1 1 0 0 0 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 22 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X MICHAEL FEENEY 8059664520 1114 STATE STREET 214 SANTA BARBARA CA 93101 WARREN MILLER 3.00 X X 0 0 0 SHERI OVERALL 3.00 X X 0 0 0 KENNETH MARSHALL 3.00 X X 0 0 0 ERIK GREGERSEN 3.00 X X 0 0 0 MAURIE MCGUIRE 3.00 X 0 0 0 TERRY EAGLE 2.00 X 0 0 0 TOM CAREY 2.00 X 0 0 0 RICH NAGLER 2.00 X X 0 0 0 BETTY WILLIAMS 2.00 X 0 0 0 SARAH CHAMBERLIN 2.00 X 0 0 0 JAMES PHILLIPPI 4.00 X 0 0 0 BRAD LUNDGREN 4.00 X 0 0 0 PAUL MCENROE 2.00 X 0 0 0 SUSAN M BASHAM 4.00 X 0 0 0 ELINOR LANGER 2.00 X 0 0 0 MICHAEL FEENEY 40.00 X 89606 0 7968 89606 0 7968 0 0 0 0 PETER LAPIDUS CONSTRUCTION INC 1975 CRAVENS LANE CARPINTERIA CA 93013 GENERAL CONTRACTOR 976909 EARTH ISLAND INSTITUTE 2150 ALLSTON WAY SUITE 460 BERKELEY CA 947011375 RESTORATION CONTRACT 216585 2 16411 3857956 6115776 187179 9990143 108442 108442 157658 113550 44108 44108 44108 20830 16411 16036 4794 4794 1468 1107 361 361 10147848 361 0 157344 103568 53855 32106 17607 211632 118806 24266 68560 23710 13232 3088 7390 24550 13466 4307 6777 16501 8581 3004 4916 5276 2956 870 1450 24299 13753 4941 5605 9597 5360 1636 2601 5650 4723 403 524 15934 9409 2477 4048 ACQUISITION COSTS 2753623 2753623 IMPROVEMENTS & MAINTENA 1410601 1410601 PROFESSIONAL SERVICES 115275 111959 911 2405 PRINTING & MAILING 21361 7957 638 12766 BANKING AND INVESTMENT 17678 12209 4805 664 34075 14456 2567 17052 4793330 4554946 86019 152365 850 850 1965918 1905598 961690 6134211 1522 10818 10558 7895 46288 36620 11273 9668 2156434 1889601 1484098 2128235 6592343 12086876 30439 56846 311284 54936 341723 111782 X 1123603 1308602 3979829 9466702 1147188 1199790 6250620 11975094 6592343 12086876 X 5354518 369956 X X 0 1 1 X 0 X 851233 3934804 6722101 2683678 9990143 24181959 44665 24584 18695 19200 20830 127974 895898 3959388 6740796 2702878 10010973 24309933 0 0 0 24309933 159046 140016 174720 133429 108442 715653 159046 140016 174720 133429 108442 715653 1054944 4099404 6915516 2836307 10119415 25025586 0.97140 0.98850 0.02860 0.01150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 30 15535.00 0 6 1 1 1 847.00 73479 0 2173481 125915 282612 60200 2521808 2023456 71528 169704 91207 2173481 2407291 17598 -384358 17075 2023456 0.44760 0.47000 0.07660 0 0 33 33 12615 6534 6081 33640 30086 3554 9668 EQUITY INCOME FUNDS 2128235 F 2128235 10147848 4793330 5354518 369956 369956 5724474 10570963 369956 53159 423115 10147848 0 10147848 4846489 53159 53159 4793330 0 4793330 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: PURCHASED LAND IS RECORDED AT COST. DONATED LAND IS RECORDED AT APPRAISED FAIR MARKET VALUE. DURING THE ACQUISITION PROCESS, FUNDS RECEIVED FOR PURCHASE ARE RECORDED AS REVENUE AND ACQUISITION EXPENDITURES ARE RECORDED AS EXPENSES. PRESERVATION LAND AND CONSERVATION EASEMENTS ARE TREATED AS OBLIGATIONS AND ARE RECORDED AT $1 EACH IN PERMANENTLY RESTRICTED NET ASSETS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE LAND TRUST EVALUATES UNCERTAIN TAX PROVISIONS WHEREBY THE EFFECT OF THE UNCERTAINTY WOULD BE RECORDED IF THE OUTCOME WAS CONSIDERED PROBABLY AND REASONABLE ESTIMABLE. AS OF JUNE 30, 2011, THE LAND TRUST HAD NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL. THE LAND TRUST FILES TAX RETURNS IN CALIFORNIA AND U.S. FEDERAL JURISDICTIONS. THE LAND TRUST IS NO LONGER SUJECT TO U.S. FEDERAL AND STATE TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2007. AH CAMPOUT 2060 2060 1893 HIBBITS 25061 16111 8950 7164 400 510 11 10120 300 9820 4739 1330 37241 16411 20830 13796 400 1840 16036 4794 X LAND EASEMENT 1 187125 INDEPENDENT APPRAISAL X PROGRAM SUPPLIES 1 54 ACTUAL REPLACEMENT COST 1 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 AN AUDIT COMMITTEE DOES A DETAILED REVIEW OF THE FORM 990 AND THE BOARD OF TRUSTEES RECEIVES THE FORM 990 PRIOR TO FILING THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ADOPTED CONFLICT OF INTEREST POLICY REQUIRES ANNUAL WRITTEN DISCLOSURE BY EVERY TRUSTEE AND EMPLOYEE, AND BY THOSE ADVISORY COUNCIL MEMEBERS WHO SERVE ON A DECISION-MAKING COMMITTEE. A DISCLOSURE FORM IS SENT TO EACH PERSON, AND RETURNED BY MAIL TO THE PRESIDENT OF THE BOARD OF TRUSTEES. THE PRESIDENT REVIEWS EACH DISCLOSURE FORM, COMPILES A SUMMARY OF THE REPSONSES AND IS RESPONSIBLE FOR INFORMING EACH COMMITTEE CHAIR, AND THE FULL BOARD WHEN APPROPRIATE, OF ANY POTENTIAL CONFLICTS OF INTEREST. RESOLUTION OF ANY IDENTIFIED CONFLICT IS DOCUMENTED IN THE BOARD/COMMITTEE MINUTES, A FORMAL RESOLUTION OR OTHER CORRESPONDENCE AS APPROPRIATE TO THE NATURE OF THE CONFLICT. DURING THE COURSE OF THE YEAR WHEN A NEW PROJECT OR FINANCIAL MATTER IS PRESENTED TO THE BOARD OR A COMMITTEE, MEMBERS ARE ASKED AT THAT TIME WHETHER THEY HAVE ANY CONFLICT OF INTEREST AND APPROPRIATE ACTION IS TAKEN TO MITIGATE OR AVOID PARTICIPATION IN COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS AND ESTABLISHES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR RECOMMENDS THE COMPENSATION OF OTHER STAFF MEMBERS, AND SUBMITS A SALARY, WAGE AND BENEFIT PROPOSAL TO THE EXECUTIVE COMMITTEE FOR APPROVAL. THE SALARY SCHEDULE IS AVAILABLE TO EACH MEMBER OF THE BOARD OF TRUSTEES UPON REQUEST. IN ESTABLISHING COMPENSATION, COMPARATIVE DATA FROM THE NATIONAL LAND TRUST ALLIANCE COMPENSATION SURVEY AND THE 2010 SOUTHERN CALIFORNIA COMPENSATION AND BENEFITS SURVEY COMPILED BY THE CENTER FOR NONPROFIT MANAGEMENT WAS CONSIDERED BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE FOLLOWING DOCUMENTS ARE AVAILABLE BY DOWNLOAD FROM THE ORGANIZATION'S WEB SITE: FORM 990; ANNUAL FINANCIAL STATEMENTS; CODE OF ETHICS; DONOR'S BILL OF RIGHTS; POLICY ON CONFLICT OF INTEREST, BOARD COMPENSATION AND INSIDER TRANSACTIONS; WHISTLEBLOWER POLICY; POLICY ON THE RECEIPT, OWNERSHIP, SALE AND TRANSFER OF MARKETABLE SECURITIES; LAND AND CONSERVATION EASEMENT PROJECT SELECTION CRITERIA AND CHECKLISTS. THE ORGANIZATION HAS ADOPTED THE NATIONAL STANDARDS AND PRACTICES OF THE LAND TRUST ALLIANCE (LTA), AND A LINK IS PROVIDED TO THE LTA WEBSITE WHERE THE STANDARDS AND PRACTICES CAN BE FOUND. FINANCIAL STATEMENTS, FORM 990, FORM 1023 AND ADOPTED POLICIES OF THE ORGANIZATION ARE PROVIDED TO ANY MEMBER OF THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 369,956. ASSUMPTION FOR OVERSIGHT OF AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT FORM 990, PAGE 12, PART XI, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.