2011-02-09T08:40:01-07:00 2010-09-30 990 2009-10-01 066079549 NEWTOWN FOREST ASSOCIATION INC NEWT 2032703650 PO Box 213 Newtown CT 06470 Clarence Peterson 2037332030 2011-02-09 2009 2016-02-24 21:20:13Z Clarence Peterson PO Box 213 Newtown CT 06470 285850 0 X www.newtownforestassociation.org X 1924 CT The Newtown Forest Association is the oldest private land trust organization in Connecticut. It has been dedicated for over eighty years to securing for the residents of Newtown and their posterity the benefits derived from open space lands. Lands which include, but are not limited to, forest and agricultural land, wildlife and nature preserves and watersheds. 15 15 3 20 0 0 1058283 40088 0 0 76550 86807 79523 158955 1214356 285850 0 0 0 0 0 8969 0 0 3105 56104 68669 56104 77638 1158252 208212 3740555 3948767 0 2200 3740555 3946567 The Newtown Forest Association is the oldest private land trust organization in Connecticut. It has been dedicated for over eighty years to securing for the residents of Newtown and their posterity the benefits derived from open space lands. Lands which include, but are not limited to, forest and agricultural land, wildlife and nature preserves and watersheds. 0 0 68903 7500 7500 Property stewardship, inspection and maintenance 0 0 0 68903 1 1 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 3 1 0 0 0 0 0 1 1 0 0 0 0 0 15 15 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 0 0 1 1 0 X Clarence O Peterson IV 2037332030 PO Box 213 Newtown CT 06470 X Robert Eckenrode 2.5 X X 0 0 0 Ed Kelleher 2 X X 0 0 0 Clarence O Peterson IV 4.00 X X 0 0 0 Martha Wright 1 X 0 0 0 Wes Gillingham 0.5 X 0 0 0 Coke Cramer 0.5 X 0 0 0 William Watts 1 X 0 0 0 Bart Smith 1.50 X X 0 0 0 Dan Dalton 1 X 0 0 0 Brian Hennessey 1 X 0 0 0 Steve Maksel 21 X 0 0 0 0 0 0 0 0 0 0 0 0 2005 0 0 0 38083 0 40088 0 86807 86807 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Unrealized Appreciation of Investment Portfolio 900099 81920 81920 0 0 Cumulative FMV Adjustment 900099 77035 77035 0 0 0 0 0 0 158955 285850 245762 0 0 0 0 0 0 0 0 0 0 8332 8132 200 0 637 624 13 1625 1625 3270 120 675 2475 1792 75 1576 141 8029 7072 906 51 7561 7561 10298 8598 1700 0 Property Maintenance & Stewardship 24855 24855 0 0 Property Surveying 8020 8020 0 0 Property Signage 1783 1783 0 0 Shirts & Hats 1314 438 438 438 122 122 77638 68903 5630 3105 56597 2943 264107 209678 99974 42535 65000 57439 1059128 1382984 0 2295723 2295723 3740555 3948767 2200 0 2200 X 1394832 1572562 50000 78282 2295723 2295723 3740555 3946567 3740555 3948767 X 0 0 0 X 14008 33896 4369 58283 38083 148639 14008 33896 4369 58283 38083 148639 148639 69847 74289 76539 76550 86807 384032 532671 0.27904 0.33256 X The organization is a land trust which as accepted donations of land to preserved for ecological purposes and passive recreation open to the public. Along with the donations of land the land trust accepted donations of cash and investments specifically to provide earnings to pay for the perpetual stewardship of the properties we own and protect RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 3 91.43 0 1 0 1 1 12 0 1 51666 25000 3166 0 1550 0 78282 0 50000 3166 0 1500 0 51666 0 1 0 0 0 0 0 0 83095 0 37666 45429 0 0 0 0 16879 0 4869 12010 0 0 0 0 57439 0 Donate Land since 2003 872723 Donated Conservation Easements since 2003 1423000 2295723 SchD_P02_S00_L05 Schedule D, Part II, Line 5 Easement properties are inspected annually. SchD_P02_S00_L09 Schedule D, Part II, Line 9 Easements acquired after October 1, 2003 have been recorded at FMV at the date of gift as an increase in permanently restricted net assets. SchD_P05_S00_L04 Schedule D, Part V, Line 4 Permanently restricted endowment has a 3% spending rate for the purpose of funding the purchase of trees and educational materials to be used in schools and to be distributed at other community learning events. This if focused on teaching the importance trees play in our everyday lives and to the ecology as a whole. Effective 10-1-10, the Board established Quazi-Endowments totaling F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a The Members annually approve of the elected slate of officers and directors up for election. F990_P06_S0A_L07b Form 990, Part VI, Section A, Line 7b Members annually elect the slate of officers and directors that are up for election in that year. F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 The Draft 990 is sent first to another CPA on the Board for his review. Subsequent to his review and resolution of any questions, the Draft 990 is emailed to all of the Board members and open to any quesions. The treasurer responds to any questions the Board members may have. Subsequent to sufficiently responding to such questions, the Treasurer is authorized to submit the form 990. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The Conflict of Interest Policy is at minimum updated annually between December/January unless circumstance arise that warrant a change and disclosure on an interim basis. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 All officers are volunteer and unpaid. Caretaker work exchange equal to fmv of residency rental provided. FMV of rental and hourly rate based on local prevailing market. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 No such request has ever been made.