2011-08-05T10:48:04-05:00 2010-12-31 JACOBSON JARVIS & CO PLLC 600 STEWART STREET SUITE 1900 SEATTLE WA 981011219 990 2010-01-01 943112461 CASCADE LAND CONSERVANCY CASC 2062925907 615 SECOND AVENUE NO 600 SEATTLE WA 98104 GENE DUVERNOY 2062925907 2011-07-18 1 HOWARD DONKIN CPA 2066288990 2011-07-12 2010 2016-03-07 17:11:31Z GENE DUVERNOY 615 SECOND AVENUE NO 600 SEATTLE WA 98104 13319702 0 X WWW.CASCADELAND.ORG X 1994 WA PROTECT, ENHANCE AND STEWARD OUR REGION'S COMMUNITIES AND LANDSCAPES. 26 25 68 2306 0 0 10098393 10826634 148279 867860 -301770 232078 -109509 -99203 9835393 11827369 115938 704061 0 0 3179852 3304067 0 0 686987 3379055 3342505 6674845 7350633 3160548 4476736 33215010 35862636 2852139 978118 30362871 34884518 X WE WILL ACT WITH IMMEDIACY TO PROTECT, ENHANCE AND STEWARD OUR REGION'S MOST PRECIOUS RESOURCES - ITS COMMUNITIES AND ITS LANDSCAPES. 0 0 2458451 673847 786714 CONSERVATION: IN THE PAST 20 YEARS, CLC HAS CONSERVED OVER 173,000 ACRES FROM SMALL COMMUNITY PARKS TO WORKING LANDS SPANNING TENS OF THOUSANDS OF ACRES. USING CUTTING-EDGE CONSERVATION STRATEGIES, WE ARE ACTIVELY PURSUING THE CONSERVATION OF HUNDREDS OF THOUSANDS OF ADDITIONAL ACRES. CLC BRINGS A UNIQUE ABILITY TO CONVENE DISPARATE STAKEHOLDERS, LEVERAGE DIVERSE FUNDING SOURCES AND FIND SOLUTIONS THAT BENEFIT NOT ONLY OUR NATURAL ENVIRONMENT BUT OUR COMMUNITIES AND ECONOMY AS WELL. IN 2010 THE CONSERVANCY PROTECTED OVER 2,035 ACRES IN 6 COUNTIES THROUGH 26 ACQUISITION PROJECTS (EITHER FEE OR CONSERVATION EASEMENT). 1913065 18164 81146 STEWARDSHIP: BESIDES CARING FOR THE PROPERTIES THAT CLC HAS CONSERVED AND THAT ARE UNDER CLC OWNERSHIP OR CONSERVATION EASEMENT, CLC BEGAN A BOLD PROGRAM TO RESTORE URBAN PARK LANDS WITH ITS GREEN CITY PROGRAM OVER 4 YEARS AGO. STARTING WITH THE GREEN SEATTLE PARTNERSHIP, CLC NOW HAS GREEN CITY AGREEMENTS WITH 5 CITIES IN THE PUGET SOUND REGION DEVELOPING LAND MANAGEMENT PLANS FOR THEIR PARKS AND OPEN SPACES. FOR MOST CITIES, THIS HAS GIVEN OVERWHELMED PARKS STAFF AN OPPORTUNITY TO ADDRESS THE INVASIVE SPECIES ISSUE WITH A SUCCESSFUL CIVIC ENGAGEMENT OF VOLUNTEERS RUN BY CLC. IN ADDITION TO HELPING LOCAL MUNICIPALITIES CARE FOR THEIR URBAN NATURAL AREAS, CLC ALSO WORKS WITH PUBLIC AND PRIVATE PARTNERS TO RESTORE OUR NATIVE HABITATS AT A WATERSHED SCALE. ONE GOOD EXAMPLE OF THIS EFFORT IS THE STEWARDSHIP IN ACTION PROGRAM WE ARE IMPLEMENTING ON THE CEDAR RIVER IN PARTNERSHIP WITH SEATTLE PUBLIC UTILITIES, KING COUNTY AND FRIENDS OF THE CEDAR WATERSHED. AND IN 2010 WE EXPANDED THE SCOPE OF OUR WORK TO INCLUDE JOB CREATING RESEARCH PROJECTS AND COMMUNITY GARDEN DEVELOPMENT AND COORDINATION. IN 2010, OVER 12,000 ACRES WERE MONITORED, 375 ACRES RESTORED, USING 120,000 VOLUNTEER HOURS IN BOTH URBAN AND RURAL AREAS THROUGHOUT WESTERN WASHINGTON WHERE CLC EITHER OWNS OR MANAGES PROPERTIES AND PARTNERS WITH LOCAL GOVERNMENTS. 1090885 12000 POLICY: THE CASCADE AGENDA, THE REGION'S 100-YEAR VISION AND ACTION PLAN, ESTABLISHED TWO OVERARCHING GOALS: TO CONSERVE NEARLY 1.3 MILLION ACRES OF WORKING FOREST, FARMLANDS, SHORELINES, PARKS AND NATURAL AREAS AND TO MAKE OUR CITIES AND TOWNS GREAT PLACES TO LIVE, WORK AND RAISE OUR FAMILIES. TO ACHIEVE THESE GOALS, NEW CONSERVATION TOOLS AND NEW APPROACHES TO MANAGING GROWTH AND EXPANDING ECONOMIC OPPORTUNITIES IN OUR COMMUNITIES ARE NEEDED. IN 2010, CLC CONTINUED ITS WORK TO THIS END ACROSS NUMEROUS FRONTS, NOTABLY BY EXPANDING ITS NETWORK OF CASCADE AGENDA CITIES TO 19 MEMBERS, REPRESENTING 1.3 MILLION RESIDENTS, THAT ARE COMMITTED TO PURSUING INNOVATIVE POLICIES AIMED AT CREATING VIBRANT AND LIVABLE COMMUNITIES; BY INTRODUCING FIRST OF ITS KIND LEGISLATION THAT COMBINES THE REAL ESTATE TOOL, TRANSFER OF DEVELOPMENT RIGHTS, WITH AN INFRASTRUCTURE FINANCING TOOL, TAX INCREMENT FINANCING, TO CONNECT INCENTIVES FOR URBAN GROWTH WITH INCENTIVES FOR CONSERVATION OF FARMS AND WORKING FORESTS; AND BY EXPANDING OUR COMMUNITY STEWARDS PROGRAM TO 5 CITIES, CREATING NETWORKS OF INFORMED, HIGHLY ENGAGED CITIZENS DEDICATED TO PROACTIVE, POSITIVE CHANGES IN THEIR COMMUNITIES ROOTED IN THE PRINCIPLES OF THE CASCADE AGENDA. 114789 50 OUTREACH & PUBLIC EDUCATION: CLC PROVIDES EDUCATIONAL INFORMATION ON CONSERVATION TO THE PUBLIC, PRESENTS IT'S MISSION & VISION TO COMMUNITY LEADERS & ORGANIZATIONS, PARTICIPATES IN PUBLIC FORUMS ABOUT CONSERVATION, & PARTICIPATES IN COMMUNITY ENVIRONMENTAL EVENTS. 114789 50 5577190 1 1 0 1 0 1 0 1 1 1 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 53 0 1 68 1 0 0 0 0 0 0 0 0 0 0 X 26 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WA X X ERIN PETERS CONTROLLER 2062925907 615 SECOND AVENUE SUITE 600 SEATTLE WA 98104 ROBIN APPLEFORD 2.00 X 0 0 0 JIM ARMSTRONG 2.00 X 0 0 0 ROB BERNARD 2.00 X 0 0 0 PATTI CASE 2.00 X 0 0 0 JJ COLLINS 2.00 X 0 0 0 GENE DUVERNOY 40.00 X X 194853 0 6454 NICOLE FAGHIN 2.00 X 0 0 0 DANIEL FRIEDMAN 2.00 X 0 0 0 JIM GREENFIELD 2.00 X 0 0 0 BERT GREGORY 2.00 X 0 0 0 JOHN HOWELL 2.00 X 0 0 0 TERRY MUTTER 2.00 X 0 0 0 KEN MYER 2.00 X 0 0 0 GREG NICKELS 2.00 X 0 0 0 TOM O'KEEFE 2.00 X 0 0 0 JOHN OLSON 2.00 X 0 0 0 PETER ORSER 2.00 X X 0 0 0 FRANK PRITCHARD 2.00 X 0 0 0 NATALIE QUICK 2.00 X 0 0 0 DAVID REMLINGER 2.00 X 0 0 0 FLOYD ROGERS 2.00 X 0 0 0 JOE SAMBATARO 2.00 X X 0 0 0 REID SHOCKEY 2.00 X 0 0 0 MARYANNE TAGNEY-JONES 2.00 X 0 0 0 BILL TAYLOR 2.00 X 0 0 0 DAVID TOWNE 2.00 X X 0 0 0 DOUG WALKER 2.00 X 0 0 0 ANDY WAPPLER 2.00 X 0 0 0 J TAYLOE WASHBURN 2.00 X 0 0 0 BRUCE WILLIAMS 2.00 X 0 0 0 DEBBIE YOUNG 2.00 X X 0 0 0 MICHELLE CONNOR 40.00 X 96081 0 3509 TERESA MACALUSO 40.00 X 81151 0 7064 CASEY O'CONNOR 40.00 X 99981 0 7582 472066 0 24609 1 0 1 0 AVALON NORTHWEST LANDSCAPE PO BOX 31918 SEATTLE WA 98103 LANDSCAPING 162524 K&L GATES 925 4TH AVENUE 2900 SEATTLE WA 98104 LEGAL 132970 2 771988 6564620 3490026 330654 10826634 PROJECT REVENUE 531390 867860 867860 867860 138144 138144 4800 4800 4800 4800 1440000 1346066 93934 93934 93934 0 771988 146267 -146267 -146267 OTHER REIMBURSEMENTS 900099 39034 39034 MISCELLANEOUS 900099 3230 3230 42264 11827369 867860 0 132875 704061 704061 478791 140434 323579 14778 1917887 1336203 288366 293318 60472 37968 12876 9628 595584 348824 160335 86425 251333 158568 57852 34913 149063 148698 365 227087 211383 15704 36705 24760 7379 4566 129610 129610 46861 46861 621491 558658 31728 31105 3521 860 1437 1224 303684 147394 17567 138723 66441 41749 5380 19312 266496 168225 64859 33412 95813 76480 11905 7428 132241 18285 20245 93711 43838 42434 1404 96541 85101 -1850 13290 15573 11527 1120 2926 ACQUISITION EXPENSE 525380 525380 STEWARDSHIP MATERIALS 369314 369314 IN-KIND GOODS 219066 185859 1157 32050 CLOSING COSTS FROM PURC -27066 -27066 DIRECT COST OF FUNDRAIS -146267 -146267 167113 132481 18552 16080 7350633 5577190 1086456 686987 X 952122 1492238 4038734 4080603 2696925 2002410 48917 34936 111456 131472 15747702 641310 13520118 15106392 3386122 3628656 279741 210614 8180875 9175315 33215010 35862636 448724 563532 198191 192962 2205224 221624 2852139 978118 X 23966478 28637520 5639472 5436868 756921 810130 30362871 34884518 33215010 35862636 X 4476736 44911 X X 0 1 1 X 1 1 X 9370619 7804887 12337410 10098393 10826634 50437943 9370619 7804887 12337410 10098393 10826634 50437943 2141972 48295971 196549 203753 192561 269667 142944 1005474 252 5764 6870 42264 55150 51498567 1651275 0.93780 0.91940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 103546 103546 7247087 7350633 517532 129383 0 0 415928 646026 483742 517532 2063228 3094842 84841 184000 162239 103546 534626 103982 161507 120936 129383 515808 773712 88 10000 2083 12171 PART IV, SUPPLEMENTAL INFORMATION: THROUGHOUT THE YEAR STAFF AND CONTRACT LOBBYISTS MET WITH LOCAL, STATE AND FEDERAL ELECTED OFFICIALS AND AGENCIES TO ADVANCE VARIOUS CONSERVATION AND SMART GROWTH INITIATIVES. X X X X 51 6254.00 1 1 680.00 16165 1 913 913 0 622820 53209 2209 678238 566675 65430 -9285 622820 449276 291056 -166527 7132 566673 1.00000 0 0 14935611 14935611 208712 180786 27926 547455 448022 99433 55924 12502 43422 15106392 EARNEST MONEY DEPOSITS 1030 PROPERTY HELD FOR SALE 9174285 9175315 11827369 7350633 4476736 79648 31563 -66300 44911 4521647 12172986 79648 205797 107033 392478 11780508 46861 46861 11827369 7651339 174234 173333 347567 7303772 46861 46861 7350633 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: EASEMENTS ARE CAPITALIZED AT A NOMINAL VALUE OF $1. ADDITIONAL COSTS OF ACQUIRING EASEMENTS ARE EXPENSED AS INCURRED. PART IV, LINE 1B: CLC SERVES AS A FISCAL AGENT FOR SEVERAL SMALL GROUPS. WE TYPICALLY DO THE GRANT INVOICING AND PAY THE FUNDS TO THEIR VENDORS OR CONTRACTORS AS SOON AS THEY ARE RECEIVED. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE CONSERVANCY'S ENDOWMENT CONSISTS OF TWO INDIVIDUAL FUNDS, BOTH ESTABLISHED FOR LONG-TERM LAND STEWARDSHIP. THE ENDOWMENT INCLUDES ONLY DONOR-RESTRICTED ENDOWMENT FUNDS. THERE ARE NO FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP), NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE CONSERVANCY HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR 4 PERCENT OF ITS ENDOWMENT FUND'S AVERAGE FAIR VALUE OVER THE PRIOR 12 QUARTERS THROUGH THE CALENDAR YEAR-END PRECEDING THE FISCAL YEAR IN WHICH THE DISTRIBUTION IS PLANNED. IN ESTABLISHING THIS POLICY, THE CONSERVANCY CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS ENDOWMENT. PART XI, LINE 8 - OTHER ADJUSTMENTS: WRITE DOWN ON PROPERTY HELD FOR SALE -66,300. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT COST OF FUNDRAISING EVENTS 146,267. CLOSING COSTS FROM PURCHASES OF LAND 27,066. WRITE DOWN OF LAND HELD FOR SALE -66,300. PART XIII, LINE 2D - OTHER ADJUSTMENTS: CLOSING COSTS OF PURCHASES 27,066. DIRECT COST OF FUNDRAISING EVENTS 146,267. AWARDS BREAKFAST 670466 670466 5425 29640 67764 LUNCHEON 101522 101522 5614 11608 26216 771988 771988 11039 41248 93980 146267 -146267 1 GREAT CITY PO BOX 599 SEATTLE WA 98111 6000 CONTRIBUTION ULI - SEATTLE 700 FIFTH AVE STE 6100 SEATTLE WA 98104 5000 CONTRIBUTION TAHOMA AUDUBON SOCIETY 2917 MORRISON RD W UNIVERSITY PLACE WA 98466 18114 MANAGMENT OF MORSE BOARDWALK STILLAGUAMISH TRIBE 3310 SMOKEY POINT DRIVE ARLINGTON WA 98223 505744 PURCHASE OF FRENCH- SEGELSEN PROPERTY STILLAGUAMISH TRIBE 3310 SMOKEY POINT DRIVE ARLINGTON WA 98223 77990 PURCHASE OF ARNEY PROPERTY WASHINGTON STATE PARKS AND RECREATION 1111 ISRAEL ROAD SW OLYMPIA WA 98504 90000 PURCHASE OF COPALIS PROPERTY X X X X X 0 0 0 1 0 0 0 0 0 GENE DUVERNOY 161103 0 33750 0 0 0 5838 0 616 0 201307 0 0 0 PART I, LINE 5 COMPENSATION FOR PERFORMANCE IS BASED ON SEVERAL ELEMENTS, ONE OF WHICH IS THE EXTENT TO WHICH CERTAIN PROGRAM AREAS COVER THEIR EXPENSES OR CREATE ADDITIONAL REVENUE TO GROW THE ORGANIZATION. AT THE BEGINNING OF THE PERIOD, EACH DEPARTMENT SETS 3-4 GOALS (INCLUDING REVENUE GOALS) WITH MANAGEMENT, AND DEPARTMENT MANAGEMENT SETS 3-6 INDIVIDUAL GOALS (WHICH MAY INCLUDE SECURING CONTRACTS OR CLOSING ON CONSERVATION PROPERTIES WHICH PROVIDE REVENUE). A CALCULATION IS MADE AT THE END OF THE PERIOD BASED ON MEETING GOALS (0-200% PER GOAL). AT VARIOUS LEVELS OF THE ORGANIZATION, THE PERCENTAGE DUE TO ORGANIZATION, DEPARTMENT, AND INDIVIDUAL ARE DIFFERENT - MANAGEMENT HAS MORE IMPACT ON ORGANIZATION GOALS, SO LESS ON INDIVIDUAL PERFORMANCE. A VICE PRESIDENT WOULD HAVE 20% FOR INDIVIDUAL PERFORMANCE, 50% FOR DEPARTMENT GOALS, AND 30% FOR ORGANIZATIONAL 'NET REVENUE'; A PROJECT MANAGER WOULD HAVE 40% FOR INDIVIDUAL PERFORMANCE, 40% FOR DEPARTMENT GOALS, AND 20% FOR OVERALL ORGANIZATIONAL SUCCESS BASED ON NET REVENUE. DEPARTMENT MANAGERS RATE THEIR STAFF, HR REVIEWS FOR INTERNAL CONSISTENCY ACROSS DEPARTMENTS, AND EXECUTIVE MANAGEMENT RATES DEPARTMENT PERFORMANCE AGAINST GOALS. ORGANIZATIONAL PERFORMANCE MUST MEET CERTAIN NET REVENUE THRESHOLD TO BE PAID OUT. CEO/PRESIDENT COMPENSATION IS REVIEWED BY BOARD COMMITTEE AGAINST 7-9 SPECIFIC GOALS, INCLUDING ORGANIZATION'S YEAR END FINANCIALS. EACH GOAL IS GIVEN A RATING OF 0-2 WITH SPECIFIC PERFORMANCE MEASURES AGAINST EACH SCORE THAT CAN BE EVALUATED TO THE NEAREST TENTH. ALL MEASURES ARE THEN AVERAGED TO CREATE AND OVERALL SCORE. X 9 94711 QUOTED PRICE X 1 185000 APPRAISAL X EQUIPMENT AND SUPPLIES 9 2503 INVOICE X INTEREST 1 48440 PER LOAN AGREEMENT 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED IN DETAIL BY BOTH THE VICE PRESIDENT OF FINANCE AND THE CHIEF OPERATING OFFICER (EXECUTIVE VICE PRESIDENT). IT IS REVIEWED AND SIGNED BY THE PRESIDENT. THE COMPLETE FORM 990 IS EMAILED TO THE ENTIRE BOARD (INCLUDING THE FINANCE COMMITTEE) BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS REVIEWED WITH EACH NEW OFFICER, DIRECTOR AND KEY EMPLOYEE. THEY SIGN A STATEMENT AFFIRMING THEIR UNDERSTANDING. CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE SENT TO EACH OFFICER, DIRECTOR AND KEY EMPLOYEE ANNUALLY. VP OF FINANCE AND COO MONITOR FOR ANY PREVIOUSLY UNDISCLOSED INFORMATION AND ENSURE FULL COMPLIANCE. BOARD MEMBERS REGULARLY RECUSE THEMSELVES IF THEY HAVE KNOWLEDGE OF ANY RELATIONSHIP OR PERCEIVED RELATIONSHIP RELATED TO PENDING RESOLUTIONS. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT HAS A ONE YEAR RENEWAL CONTRACT WITH THE BOARD AND IS EVALUATED ON A SET OF 7-10 PERFORMANCE CRITERIA WITH MOSTLY OBJECTIVE MEASURES, ALONG WITH SOME SUBJECTIVE MEASURES SUCH AS COMMUNITY INFLUENCE. THE BOARD COMPENSATION COMMITTEE (A SUB-COMMITTEE OF FINANCE AND ADMINISTRATION) MEETS ANNUALLY TO RECOMMEND ANY RAISES AND EVALUATE PERFORMANCE BASED ON AGREED UPON CRITERIA FOR BONUS AMOUNTS. ONCE THE COMMITTEE MEETS AND REACHES A RECOMMENDATION, IT MEETS IN EXECUTIVE SESSION WITH THE REST OF THE BOARD AND THE ENTIRE BOARD VOTES WHETHER TO CONTINUE THE CONTRACT AND AFFIRMS THE COMPENSATION, INCLUDING ANY BONUS. IN 2007, A 7.5% INCREASE WAS RECOMMENDED PLUS AN INCREASE IN AMOUNT SUBJECT TO PERFORMANCE. THE POTENTIAL TOTAL COMPENSATION AMOUNT WAS THEN CONFIRMED AGAINST MARKET DATA AND HR PROFESSIONAL FOR REASONABLENESS. THE RESULTS SHOWED THE INCREASE WAS MODEST AND WELL WITHIN MARKET RATES FOR CEOS OF SIMILARLY-SIZED ORGANIZATIONS, BALANCE SHEETS AND TOTAL REVENUES. IN 2009, THE PRESIDENT, COO, AND SENIOR VICE PRESIDENT OF POLICY TOOK A VOLUNTARY 5% REDUCTION IN PAY TO ADDRESS REDUCED REVENUES IN THE RECESSION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 79,648. DONATED SERVICES AND USE OF FACILITIES: 31,563. WRITE DOWN ON PROPERTY HELD FOR SALE -66,300. TOTAL TO FORM 990, PART XI, LINE 5: 44,911. REVIEW OF AUDITED FINANCIAL STATEMENTS PART XI, LINE 2C THE AUDIT COMMITTEE HAS NOT CHANGED HOW IT REVIEWS THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS FROM THE PRIOR YEAR. EVERGREEN FOREST TRUST 615 SECOND AVENUE SUIRTE 600 SEATTLE WA 98104 912082596 ACQUIRE, MANAGE, CONSERVE FORESTLANDS WA 501(C)3 509(A)3 0 CONSERVATION INVESTMENT FUND 615 SECOND AVENUE SUITE 525 SEATTLE WA 98104 201003768 REAL ESTATE DEVELOPMENT WA 0 1 CASCADE CONSERVATION CORPORATION 615 SECOND AVENUE SUITE 525 SEATTLE WA 98104 912195489 CONSERVATION DEVELOPMENT WA C 2654 212675 1.00000 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 CASCADE CONSERVATION CORPORATION K 70152 REGULAR BILLING RATE