EDISTO ISLAND OPEN LAND TRUST INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: EDISTO ISLAND OPEN LAND TRUST INC (EIN 57-1007436)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-05-16
IRS object ID: 201131369349301953
Schema version: 2010v3.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-05-16T08:20:06-05:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GREENE FINNEY & HORTON LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	107-A HILLCREST AVENUE	AddressLine1
City	SIMPSONVILLE	City
State	SC	State
ZIP Code	29681	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	571007436	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	EDISTO ISLAND OPEN LAND TRUST	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	EDIS	NameControl
Phone	8438699004	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1	AddressLine1
City	EDISTO ISLAND	City
State	SC	State
ZIP Code	29438	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	ALEX S CRAWFORD JR	Name
Title	PRESIDENT	Title
Phone	8438699004	Phone
Date Signed	2011-03-22	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	FRANCIS H HORTON III CPA	Name
Phone	8649621040	Phone
Date Prepared	2011-05-11	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	GEORGE KIMBERLY	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1	AddressLine1
City	EDISTO ISLAND	City
State	SC	State
ZIP Code	29438	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	302915	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.EDISTO.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1994	YearFormation
State Legal Domicile	SC	StateLegalDomicile
Activity Or Mission Description	TO GENERATE INTEREST IN AND EDUCATE THE PUBLIC ABOUT LAND CONSERVATION AND TO ENCOURAGE THE PUBLIC TO PLACE LAND UNDER CONSERVATION EASEMENTS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	16	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	16	NbrIndependentVotingMembers
Total Nbr Employees	4	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	2332730	ContributionsGrantsPriorYear
Contributions Grants Current Year	293980	ContributionsGrantsCurrentYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	9700	InvestmentIncomePriorYear
Investment Income Current Year	8935	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	2342430	TotalRevenuePriorYear
Total Revenue Current Year	302915	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	115813	SalariesEtcPriorYear
Salaries Etc Current Year	131031	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	32315	TotalFundrsngExpCurrentYear
Other Expense Prior Year	81175	OtherExpensePriorYear
Other Expenses Current Year	108070	OtherExpensesCurrentYear
Total Expenses Prior Year	196988	TotalExpensesPriorYear
Total Expenses Current Year	239101	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	2145442	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	63814	RevenuesLessExpensesCY
Total Assets BOY	5427884	TotalAssetsBOY
Total Assets EOY	5483964	TotalAssetsEOY
Total Liabilities BOY	314200	TotalLiabilitiesBOY
Total Liabilities EOY	306466	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	5113684	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	5177498	NetAssetsOrFundBalancesEOY
Mission Description	TO GENERATE INTEREST IN AND EDUCATE THE PUBLIC ABOUT LAND CONSERVATION AND TO ENCOURAGE THE PUBLIC TO PLACE LAND UNDER CONSERVATION EASEMENTS.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	153958	Expense
Description	EDUCATION OF THE PUBLIC AS TO THE BENEFIT OF LAND CONSERVATION.	Description
Total Program Service Expense	153958	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	true	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	4	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	true	Form1098CFiled
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	16	NbrVotingGoverningBodyMembers
Number Independent Voting Members	16	NumberIndependentVotingMembers
Family Or Business Relationship	true	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	SC	StatesWhereCopyOfReturnIsFiled
Own Website	X	OwnWebsite
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	GEORGE KIMBERLY	NamePerson
Telephone Number	8438699004	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1	AddressLine1
City	EDISTO ISLAND	City
State	SC	State
ZIP Code	29438	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (18 entries)

TitleTitle	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Average Hours Per WeekAverageHoursPerWeek	OfficerOfficer
MARK CRAWFORD
BOARD	X	0	0	0
DR SIDNEY A GAUTHREAUX
BOARD	X	0	0	0
WALTER HUNDLEY
BOARD	X	0	0	0
PAMELA JACOBS
BOARD	X	0	0	0
JAMES O KEMPSON
BOARD	X	0	0	0
I JENKINS MIKELL JR
BOARD	X	0	0	0
CHALMERS W POSTON JR
BOARD	X	0	0	0
BOBBY CREECH
BOARD	X	0	0	0
SUE THORNTON
BOARD	X	0	0	0
ELLEN E UNGER
BOARD	X	0	0	0
LOUIS HEYWARD
BOARD	X	0	0	0
BURNET MAYBANK III
BOARD	X	0	0	0
MARIAN D BRAILSFORD
EXECUTIVE DI		49500	0	0	40.00	X
GEORGE KIMBERLY
EXECUTIVE DI		36375	0	0	40.00	X
ROBERT E LEE
PAST PRESIDE		0	0	0		X
ALEX S CRAWFORD JR
PRESIDENT		0	0	0		X
CHARLES CALLAHAN
TREASURER		0	0	0		X
FISHER C WALTER JR
SECRETARY		0	0	0		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	85875	TotalReportableCompFromOrg
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Membership Dues	122889	MembershipDues
Fundraising Events	21957	FundraisingEvents
Government Grants	17748	GovernmentGrants
All Other Contributions	131386	AllOtherContributions
Total Contributions	293980	TotalContributions

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	8935	TotalRevenueColumn
Related Or Exempt Function Income	8935	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	302915	TotalRevenueColumn
Related Or Exempt Function Income	8935	RelatedOrExemptFunctionIncome

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	85875	Total
Program Services	51525	ProgramServices
Management And General	25763	ManagementAndGeneral
Fundraising	8587	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	35845	Total
Program Services	21507	ProgramServices
Management And General	10753	ManagementAndGeneral
Fundraising	3585	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	9311	Total
Program Services	5587	ProgramServices
Management And General	2793	ManagementAndGeneral
Fundraising	931	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	17496	Total
Program Services	10497	ProgramServices
Management And General	5249	ManagementAndGeneral
Fundraising	1750	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	3162	Total
Program Services	1897	ProgramServices
Management And General	949	ManagementAndGeneral
Fundraising	316	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	5026	Total
Program Services	5026	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	1865	Total
Program Services	1865	ProgramServices

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	FundraisingFundraising	Management And GeneralManagementAndGeneral
LITTER & BEAUTIFICATION	14100	14100
EVENTS	10218		10218
PROFESSIONAL FEES	8980	5388	898	2694
LAND STEWARDSHIP	8442	8442
PUBLICIATIONS	7282	3641	3641

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	31499	Total
Program Services	24483	ProgramServices
Management And General	4627	ManagementAndGeneral
Fundraising	2389	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	239101	Total
Program Services	153958	ProgramServices
Management And General	52828	ManagementAndGeneral
Fundraising	32315	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	311481	BOY
EOY	495148	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	294077	BOY
EOY	154247	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	4334	BOY
EOY	18442	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	4819965	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	4663	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	4817167	BOY
EOY	4815302	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	825	BOY
EOY	825	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	5427884	BOY
EOY	5483964	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	16198	BOY
EOY	10510	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	298002	BOY
EOY	295956	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	314200	BOY
EOY	306466	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	517710	BOY
EOY	350013	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	200276	BOY
EOY	431787	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	4395698	BOY
EOY	4395698	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	5113684	BOY
EOY	5177498	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	5427884	BOY
EOY	5483964	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	63814	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	true	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	2441411	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	21138507	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	7266013	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2332730	CurrentTaxYearMinus1Year
Current Tax Year	293980	CurrentTaxYear
Total	33472641	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	2441411	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	21138507	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	7266013	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2332730	CurrentTaxYearMinus1Year
Current Tax Year	293980	CurrentTaxYear
Total	33472641	Total

Field	Value	IRS element (for citing)
Public Support Total170	33472641	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	8392	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	11566	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	18177	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	9700	CurrentTaxYearMinus1Year
Current Tax Year	8935	CurrentTaxYear
Total	56770	Total

Field	Value	IRS element (for citing)
Total Support	33529411	TotalSupport
Gross Receipts From Admissions Etc	8935	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.99830	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.99850	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Preservation Of Open Space	X	PreservationOfOpenSpace
Total Number Of Easements	30	TotalNumberOfEasements
Total Acreage	2189	TotalAcreage
Nmbr States In Which Easements Held	1	NmbrStatesInWhichEasementsHeld
Written Policy Monitoring	true	WrittenPolicyMonitoring
Staff Hours Spent On Enforcement	1040	StaffHoursSpentOnEnforcement
Expenses Incurred For Enforcement	8442	ExpensesIncurredForEnforcement
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	4810640	OtherCostOrOtherBasis
Book Value	4810640	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	9325	OtherCostOrOtherBasis
Depreciation	4663	Depreciation
Book Value	4662	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	4815302	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
NOTE PAYABLE	$295,000
CAPITAL LEASE PAYABLE	$956

Field	Value	IRS element (for citing)
Total Of Amounts	295956	TotalOfAmounts
Total Revenue	302915	TotalRevenue
Total Expenses	239101	TotalExpenses
Excess Or Deficit For Year	63814	ExcessOrDeficitForYear
Excess Or Deficit Per FS	63814	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	302915	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	302915	RevenueSubtotal
Total Revenue Per Form990	302915	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	239101	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	239101	ExpensesSubtotal
Total Expenses Per Form990	239101	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ACCOUNTING FOR CONSERVATION EASEMENTS	SCHEDULE D, PAGE 1, PART II, LINE 9	A CONSERVATION EASEMENT IS AN AGREEMENT BETWEEN A LANDOWNER AND THE ORGANIZATION IN WHICH THE LANDOWNER RELINQUISHES SOME OR ALL OF THE RIGHTS TO DEVELOP THE PROPERTY. THE EASEMENT IS PUBLICLY RECORDED AND IS BINDING ON ALL FUTURE OWNERS OF THE PROPERTY. THE ORGANIZATION'S PRINCIPAL RESPONSIBILITY IS TO ENSURE COMPLIANCE WITH THE TERMS OF THE EASEMENT. IT MEETS THIS RESPONSIBILITY BY PERIODICALLY INSPECTING THE PROPERTY AND, IF NECESSARY, TAKING APPROPRIATE ACTION TO ENFORCE THE EASEMENT. CONSERVATION EASEMENTS RECEIVED BY THE ORGANIZATION ARE RECORDED AT A NOMINAL VALUE OR COST AMOUNT. EACH CONSERVATION EASEMENT RECEIVED BY THE ORGANIZATION PROVIDES THAT IT CANNOT BE TRANSFERRED OR ASSIGNED TO ANY PERSON OR ENTITY EXCEPT TO AN ORGANIZATION THAT IS QUALIFIED UNDER THE INTERNAL REVENUE CODE TO RECEIVE EASEMENTS AND THAT HAS THE COMMITMENT, ABILITY, AND RESOURCES TO MEET ITS RESPONSIBILITIES AND OBLIGATIONS UNDER THE EASEMENT AND TO TAKE THE NECESSARY STEPS TO PROTECT THE HISTORIC AND CONSERVATION VALUES OF THE PROPERTY. ACCORDINGLY, THERE IS NO MARKET FOR ANY OF THE CONSERVATION EASEMENTS RECEIVED BY THE ORGANIZATION.
RECONCILIATION OF CHANGES - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 8	CORRECT DEPRECIATION -1,865 BOOK / TAX DEPRECIATION DIFFERENCE 1,865
EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER	SCHEDULE D, PAGE 4, PART XIII, LINE 4B	CORRECT DEPRECIATION -1,865 BOOK / TAX DEPRECIATION DIFFERENCE 1,865

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	990PTVIII1C	NameOfEvent1
Gross Receipts Event1	21957	GrossReceiptsEvent1
Charitable Contributions Event1	21957	CharitableContributionsEvent1
Gross Receipts Total	21957	GrossReceiptsTotal
Charitable Contributions Total	21957	CharitableContributionsTotal

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
RELATED PARTY INFORMATION AMONG OFFICERS	FORM 990, PAGE 6, PART VI, LINE 2	MARK CRAWFORD LEX CRAWFORD BOARD PRESIDENT BROTHERS
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	INITIAL DRAFTS OF FORM 990 ARE REVIEWED BY THE FINANCE COMMITTEE WHERE ANY ADDITIONS OR CHANGES ARE MADE. THESE CHANGES ARE INCORPORATED INTO THE 990 AND SUBSEQUENT DRAFTS ARE REVIEWED BY THE EXECUTIVE COMMITTEE. WHEN FINAL REVIEWS OF THE 990 ARE COMPLETED BY THE FINANCE AND EXECUTIVE COMMITTEE THE 990 IS THEN GIVEN TO THE FULL BOARD FOR THEIR INFORMATION.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	THE ORGANIZATION REQUIRES THAT IF ANY BOARD MEMBER (OR MEMBER OF ANY BOARD MEMBER'S FAMILY) IS INVOLVED IN AN EASEMENT THAT THE BOARD MEMBER BE RECUSED FROM THE DISCUSSION OF AND VOTE ON SUCH EASEMENT. AFTER THE EASEMENT IN QUESTION IS RESOLVED, THE BOARD MEMBER MAY RETURN TO ADDRESS OTHER BOARD BUSINESS ON THE AGENDA.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	YES, DATA FROM THE LAND TRUST ALLIANCE WAS USED.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	THE ORGANIZATION DOES NOT HAVE ANY OTHER KEY EMPLOYEES AND NONE OF THE OFFICERS OR BOARD MEMBERS RECEIVES COMPENSATION.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	THE FORM 990 IS AVAILABLE ON DUN & BRADSTREET'S WEBSITE AS WELL AS GUIDESTAR.COM. FURTHERMORE, THE ORGANIZATION HAS ASKED THE PREPARING CPA FIRM TO PLACE THE FINANCIAL STATEMENTS, FORM 990 AND VARIOUS GOVERNING DOCUMENTS ON THE FIRM'S WEBSITE. THE ORGANIZATION WILL PLACE A LINK TO THIS AREA ON THEIR WEBSITE.
OTHER EXPENSES	FORM 990, PART IX, LINE 24F	CONSULTANTS 4,205 INSURANCE 3,922 CORRIDOR MANAGEMENT FEE 3,282 SUPPLIES 3,226 OFFICE SUPPLIES 2,891 POSTAGE 2,681 UTILITIES 1,956 WEB SITE 1,908 TELEPHONE 1,782 MISCELLANEOUS 1,706 DUES & SUBSCRIPTIONS 1,573 TECHNOLOGY 1,100 EDUCATION 672 PRINTING 595

EDISTO ISLAND OPEN LAND TRUST INC: Form 990, tax year 2010

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990 IRS990

Address Principal Officer US AddressPrincipalOfficerUS

The Books Are In Care Of TheBooksAreInCareOf

Address US AddressUS

Form990 Part VII Section A Form990PartVIISectionA (18 entries)

Investment Income InvestmentIncome

Total Revenue TotalRevenue

Comp Current Officers Directors CompCurrentOfficersDirectors

Other Salaries And Wages OtherSalariesAndWages

Payroll Taxes PayrollTaxes

Occupancy Occupancy

Travel Travel

Interest Interest

Depreciation Depletion DepreciationDepletion

Other Expenses OtherExpenses (5 entries)

All Other Expenses AllOtherExpenses

Total Functional Expenses TotalFunctionalExpenses

Cash Non Interest Bearing CashNonInterestBearing

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Accounts Receivable AccountsReceivable

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Other Assets Total OtherAssetsTotal

Total Assets TotalAssets

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Other Liabilities OtherLiabilities

Total Liabilities TotalLiabilities

Unrestricted Net Assets UnrestrictedNetAssets

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Schedule A IRS990ScheduleA

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Total170 Total170

Gross Investment Income170 GrossInvestmentIncome170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Contributor Name Business ContributorNameBusiness

Contributor Address US ContributorAddressUS

Schedule D IRS990ScheduleD

Land Land

Equipment Equipment

Other Liabilities OtherLiabilities (2 entries)

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

Schedule G IRS990ScheduleG

Events Information EventsInformation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

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