AQUIDNECK LAND TRUST: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization
AQUIDNECK LAND TRUST (EIN 22-3073770)
Tax period
2009-10-01 to 2010-09-30
Filed
2011-08-09
IRS object ID
201132219349301658
Schema version
2009v1.7
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-08-09T14:19:05-05:00Timestamp
Tax Period End Date2010-09-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1KAHN LITWIN RENZA & CO LTDBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1951 NORTH MAIN STREETAddressLine1
CityPROVIDENCECity
StateRIState
ZIP Code02904ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2009-10-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN223073770EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1AQUIDNECK LAND TRUSTBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlAQUINameControl
Phone4018492799Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1790 AQUIDNECK AVENUEAddressLine1
CityMiddletownCity
StateRIState
ZIP Code02842ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameEDWARD S CLEMENT JRName
TitleEXECUTIVE DIRECTORTitle
Phone4018492799Phone
Date Signed2011-08-09DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameTIMOTHY J SULLIVANName
Phone4012742001Phone
FieldValueIRS element (for citing)
Tax Year2009TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonEDWARD S CLEMENT JRNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1790 AQUIDNECK AVENUEAddressLine1
CityMiddletownCity
StateRIState
ZIP Code02842ZIPCode
FieldValueIRS element (for citing)
Gross Receipts2429148GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501cXOrganization501c
Web Sitewww.aquidnecklandtrust.orgWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1999YearFormation
State Legal DomicileRIStateLegalDomicile
Activity Or Mission DescriptionPRESERVE AQUIDNECK ISLAND'S OPEN SPACES & NATURAL CHARACTER FOR THE LASTING BENEFIT OF THE COMMUNITY.ActivityOrMissionDescription
Nbr Voting Members Governing Body22NbrVotingMembersGoverningBody
Nbr Independent Voting Members22NbrIndependentVotingMembers
Total Nbr Employees8TotalNbrEmployees
Total Nbr Volunteers78TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year1990845ContributionsGrantsPriorYear
Contributions Grants Current Year1353182ContributionsGrantsCurrentYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year44557InvestmentIncomePriorYear
Investment Income Current Year73104InvestmentIncomeCurrentYear
Other Revenue Prior Year-30083OtherRevenuePriorYear
Other Revenue Current Year52300OtherRevenueCurrentYear
Total Revenue Prior Year2005319TotalRevenuePriorYear
Total Revenue Current Year1478586TotalRevenueCurrentYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year479211SalariesEtcPriorYear
Salaries Etc Current Year427012SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year89936TotalFundrsngExpCurrentYear
Other Expense Prior Year5428583OtherExpensePriorYear
Other Expenses Current Year1142525OtherExpensesCurrentYear
Total Expenses Prior Year5907794TotalExpensesPriorYear
Total Expenses Current Year1569537TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-3902475RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-90951RevenuesLessExpensesCY
Total Assets BOY6786878TotalAssetsBOY
Total Assets EOY7101558TotalAssetsEOY
Total Liabilities BOY635269TotalLiabilitiesBOY
Total Liabilities EOY476998TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY6151609NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY6624560NetAssetsOrFundBalancesEOY
Mission DescriptionPRESERVING AQUIDNECK ISLAND'S OPEN SPACES AND NATURAL CHARACTER FOR THE LASTING BENEFIT OF THE COMMUNITY.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense925323Expense
Description18.04 ACRES OF LAND CONSERVATION EASEMENTS TO PRESERVE OPEN SPACE ON AQUIDNECK ISLAND WERE ACQUIRED IN THE YEAR ENDED SEPTEMBER 30, 2010. THESE EASEMENTS INCLUDED:EASY STREET FARM 8.67SULTHORNE 1.14O'NEILL 8.23 18.04 TOTALDescription

Activity2 Activity2

FieldValueIRS element (for citing)
Expense186494Expense
DescriptionAs of September 30, 2010, the Land Trust has preserved and protected 2,298.80 acres to date THAT IS UNDER LAND TRUST PERPETUAL STEWARDSHIP.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense88851Expense
DescriptionMEMBERSHIP SERVICES PROVIDE SERVICES TO CURRENT MEMBERS AND SEEKS NEW CORPORATE AND INDIVIDUAL MEMBERSHIPS. IN ADDITION, THE LAND TRUST PROVIDES EDUCATION AND OUTREACH TO THE PUBLIC THROUGH ACTIVITES INCLUDING LECTURES, PROPERTY TOURS, NEWSLETTERS, PROMOTIONAL MATERIALS, THE ANNUAL REPORT AND ANNUAL MEETING.Description
FieldValueIRS element (for citing)
Total Program Service Expense1200668TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements1ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Balance Sheet Amounts Reported1BalanceSheetAmountsReported
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt1ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities1FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions1DeductibleNonCashContributions
Deductible Contributions Of Art1DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109612NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees8NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions1QuidProQuoContributions
Quid Pro Quo Disclosure1QuidProQuoDisclosure
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Nbr Voting Governing Body Members22NbrVotingGoverningBodyMembers
Number Independent Voting Members22NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders1MembersOrStockholders
Election Of Board Members1ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledRIStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1DAVID THALMANNBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number4018492799TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1790 AQUIDNECK AVENUEAddressLine1
CityMIDDLETOWNCity
StateRIState
ZIP Code02842ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (27 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
Stephen J MacGillivray ESQ
Chair (OFF 2/10)1.00XX000
Stephen A DeLeo ESQ
CHAIR (AS OF 2/10)1.00XX000
William J Corcoran ESQ
VICE CHAIR (AS OF 2/10)1.00XX000
RICHARD BAUCHSPIES
TREASURER1.00XX000
JAMESON CHACE
SECRETARY1.00XX000
Charles B ALLOTT ESQ
TRUSTEE1.00X000
DENAE BAYER
TRUSTEE (OFF 2/10)1.00X000
PATRICIA BILDEN
TRUSTEE1.00X000
MARY BUSH-BROWN
TRUSTEE1.00X000
ROBERT A CARRELLAS MD
TRUSTEE1.00X000
Louis Escobar
TRUSTEE1.00X000
KIM FLEMING
TRUSTEE1.00X000
JONATHAN K GEWIRZ
TRUSTEE (OFF 2/10)1.00X000
KATHLEEN GLASSIE
TRUSTEE1.00X000
MARK D HELLENDRUNG
TRUSTEE1.00X000
NANNETTE HERRICK
TRUSTEE1.00X000
KIM HERRLINGER
TRUSTEE1.00X000
KATHERINE E IRVING
TRUSTEE1.00X000
HOLLY JANNEY ESQ
TRUSTEE1.00X000
Matthew O Kirby
TRUSTEE1.00X000
PAUL NUNES
TRUSTEE1.00X000
BETTIE PARDEE
TRUSTEE1.00X000
ANNIE SHERMAN
TRUSTEE1.00X000
LINDA L UJIFUSA ESQ
TRUSTEE1.00X000
JANE TIMKEN
TRUSTEE1.00X000
Edward S Clement Jr
EXECUTIVE DIRECTOR40.00X9818707916
DAVID THALMANN
DIR. OF FINANCE & ADMIN.40.00X8064307396
FieldValueIRS element (for citing)
Total Reportable Comp From Org178830TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation15312TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Membership Dues63729MembershipDues
Fundraising Events71889FundraisingEvents
All Other Contributions1217564AllOtherContributions
Noncash Contributions715000NoncashContributions
Total Contributions1353182TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column60611TotalRevenueColumn
Exclusion$60,611ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities861528Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities849035Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities12493Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column12493TotalRevenueColumn
Exclusion$12,493ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Fundraising Events153827GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events71889CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses101527FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column52300TotalRevenueColumn
Exclusion$52,300ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column1478586TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$125,404ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total199911Total
Program Services57198ProgramServices
Management And General111282ManagementAndGeneral
Fundraising31431Fundraising

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total175350Total
Program Services94939ProgramServices
Management And General34843ManagementAndGeneral
Fundraising45568Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total2140Total
Program Services1163ProgramServices
Management And General977ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total20269Total
Program Services10825ProgramServices
Management And General4412ManagementAndGeneral
Fundraising5032Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total29342Total
Program Services11737ProgramServices
Management And General11374ManagementAndGeneral
Fundraising6231Fundraising

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total1778Total
Program Services1438ProgramServices
Management And General340ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total37751Total
Management And General37751ManagementAndGeneral

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total14627Total
Program Services14627ProgramServices

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total37040Total
Program Services9213ProgramServices
Management And General27021ManagementAndGeneral
Fundraising806Fundraising

Occupancy Occupancy

FieldValueIRS element (for citing)
Total30360Total
Management And General30360ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total1253Total
Program Services300ProgramServices
Management And General909ManagementAndGeneral
Fundraising44Fundraising

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total1561Total
Management And General1561ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total8871Total
Management And General8871ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServices
CONSERVATION EASEMENT -715000715000
CONSERVATION EASEMENT -210323210323
LAND ACQUISITION COSTS4455044550
BAD DEBT1500015000
MEMBERSHIP/EDUCATION1435514355

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total10056Total
Management And General9232ManagementAndGeneral
Fundraising824Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total1569537Total
Program Services1200668ProgramServices
Management And General278933ManagementAndGeneral
Fundraising89936Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY356070BOY
EOY248027EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY549221BOY
EOY185758EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY5335BOY
EOY5084EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis42044LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec33006LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY6720BOY
EOY9038EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY5137038BOY
EOY5403199EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY616147BOY
EOY1131147EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY116347BOY
EOY119305EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY6786878BOY
EOY7101558EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY11269BOY
EOY8998EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY624000BOY
EOY468000EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY635269BOY
EOY476998EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY2782064BOY
EOY3139880EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY3369545BOY
EOY3484680EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY6151609BOY
EOY6624560EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY6786878BOY
EOY7101558EOY
FieldValueIRS element (for citing)
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement ConsolidatedXFinancialStatementConsolidated
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years15353585CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2889935CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2220378CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1990845CurrentTaxYearMinus1Year
Current Tax Year1359203CurrentTaxYear
Total23813946Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years15353585CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years2889935CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2220378CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1990845CurrentTaxYearMinus1Year
Current Tax Year1359203CurrentTaxYear
Total23813946Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total2824272AmountsSubstContributorsTotal
Public Support Total17020989674PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years188588CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years254793CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years244427CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year40043CurrentTaxYearMinus1Year
Current Tax Year60664CurrentTaxYear
Total788515Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years16315CurrentTaxYearMinus4Years
Total16315Total
FieldValueIRS element (for citing)
Total Support24618776TotalSupport
Gross Receipts From Admissions Etc568900GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.85260PublicSupportPertcentage170
Public Support Pertcent Prior Year0.86310PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Preservation For Public UseXPreservationForPublicUse
Protection Of Natural HabitatXProtectionOfNaturalHabitat
Preservation Of Open SpaceXPreservationOfOpenSpace
Total Number Of Easements58TotalNumberOfEasements
Total Acreage2298.80TotalAcreage
Nmbr States In Which Easements Held1NmbrStatesInWhichEasementsHeld
Written Policy Monitoring1WrittenPolicyMonitoring
Staff Hours Spent On Enforcement391.00StaffHoursSpentOnEnforcement
Expenses Incurred For Enforcement4510ExpensesIncurredForEnforcement
Sect170h Requirements Satisfied1Sect170hRequirementsSatisfied

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance970280BeginningOfYearBalance
Investment Earnings Or Losses30324InvestmentEarningsOrLosses
End Of Year Balance1000604EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance1216423BeginningOfYearBalance
Contributions199937Contributions
Investment Earnings Or Losses41816InvestmentEarningsOrLosses
Other Expenditures482291OtherExpenditures
Administrative Expenses5605AdministrativeExpenses
End Of Year Balance970280EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance1.00000BoardDesignatedEOYBalance
Endowments Held By Unrelated Orgs0EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs0EndowmentsHeldByRelatedOrgs

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis42044OtherCostOrOtherBasis
Depreciation33006Depreciation
Book Value9038BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings9038TotalOfBookValueLandBuildings

Other Securities OtherSecurities (2 entries)

DescriptionDescriptionBook ValueBookValueMethod Of ValuationMethodOfValuation
INVESTMENT IN AFFILIATES141440C
LAND HOLDINGS989707C
FieldValueIRS element (for citing)
Total Of Book Value Securities1131147TotalOfBookValueSecurities

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Part II, Line 9:Description of How Organization Reports Conservation Easements:ACQUISITIONS OF EASEMENTS AND LAND BY THE LAND TRUST FREQUENTLY OCCUR IN THE FORM OF GIFTS OR PURCHASES FOR AMOUNTS SUBSTANTIALLY BELOW FAIR MARKET VALUE. EASEMENTS ACQUIRED BY THE LAND TRUST REPRESENT NUMEROUS RESTRICTIONS OVER THE USE AND DEVELOPMENT OF LAND NOT OWNED BY THE LAND TRUST. THESE EASEMENTS GENERALLY PROVIDE THAT THE LAND WILL BE MAINTAINED UNIMPAIRED IN ITS CURRENT NATURAL, AGRICULTURAL, SCENIC OR RECREATIONAL STATE. EASEMENTS PROTECTING LAND ARE NOT VALUED ON THE STATEMENT OF FINANCIAL POSITION GIVEN THAT THE EASEMENTS HAVE NO COMMERCIAL VALUE ONCE THEY ARE ACQUIRED BY THE LAND TRUST. FOR PURPOSES OF THE STATEMENT OF ACTIVITIES, THE VALUE OF LAND OR EASEMENTS ACQUIRED DURING THE CURRENT YEAR IS REPORTED AT THE FAIR MARKET VALUE OF THE TRANSACTION WITH FAIR MARKET VALUE DETERMINED EITHER ON THE BASIS OF AN APPRAISAL REPORT OR ON THE CASH VALUE ESTABLISHED BY THE LOCAL TAX ASSESSOR.
Part V, Line 4:Description of Intended Use of Endowment Funds:AQUIDNECK LAND TRUST'S BOARD DESIGNATED ENDOWMENT FUNDS ARE INTENDED TO BE USED TO ASSURE RESPONSIBLE, PERPETUAL STEWARDSHIP FOR ALL LAND TRUST CONSERVED LANDS, DRIVEN BY A COMMITMENT TO PROTECT EACH PARCEL TO THE HIGHEST POSSIBLE STANDARD IN ACCORDANCE WITH THE CONSERVATION EASEMENT, A DEDICATION TO EXCELLENCE AND CARE IN STEWARDSHIP PRACTICES, AND ARDENT DEFENSE OF THE LAND ENTRUSTED TO THEM BY GRANTORS.

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1SUMMER PARTY (FIESTA VERDE)NameOfEvent1
Gross Receipts Event1185495GrossReceiptsEvent1
Charitable Contributions Event163639CharitableContributionsEvent1
Gross Revenue Event1121856GrossRevenueEvent1
Rent Facility Costs Event121617RentFacilityCostsEvent1
Food And Beverage Event124595FoodAndBeverageEvent1
Entertainment Event111955EntertainmentEvent1
Other Direct Expenses Event124917OtherDirectExpensesEvent1
Name Of Event2GOLF TOURNAMENTNameOfEvent2
Gross Receipts Event228845GrossReceiptsEvent2
Charitable Contributions Event28250CharitableContributionsEvent2
Gross Revenue Event220595GrossRevenueEvent2
Food And Beverage Event25146FoodAndBeverageEvent2
Other Direct Expenses Event25253OtherDirectExpensesEvent2
Total Number Of Other Events3TotalNumberOfOtherEvents
Gross Receipts Other Events11376GrossReceiptsOtherEvents
Gross Revenue Other Events11376GrossRevenueOtherEvents
Other Direct Expenses Other Events8044OtherDirectExpensesOtherEvents
Gross Receipts Total225716GrossReceiptsTotal
Charitable Contributions Total71889CharitableContributionsTotal
Gross Revenue Total Events153827GrossRevenueTotalEvents
Rent Facility Costs Total Events21617RentFacilityCostsTotalEvents
Food And Beverage Total Events29741FoodAndBeverageTotalEvents
Entertainment Total Events11955EntertainmentTotalEvents
Other Direct Expenses Total Events38214OtherDirectExpensesTotalEvents
Direct Expense Summary Events101527DirectExpenseSummaryEvents
Net Income Summary52300NetIncomeSummary

Schedule M IRS990ScheduleM

Qualified Contrib Other QualifiedContribOther

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions1NumberOfContributions
Noncash Contribs Rptd F990715000NoncashContribsRptdF990
Method Of Determining RevenuesEXPERT APPRAISALMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Number Of8283 Received1NumberOf8283Received
Any Property That Must Be Held0AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts1ReviewProcessUnusualNCGifts
Third Parties Used0ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifierExplanationExplanation
Form 990, Part VI, Section A, line 6AQUIDNECK LAND TRUST HAS MEMBERS WHO PAY ANNUAL MEMBERSHIP DUES.
Form 990, Part VI, Section A, line 7aTHE MEMBERS OF THE BOARD OF TRUSTEES ARE ELECTED ANNUALLY BY THE MEMBERSHIP OF AQUIDNECK LAND TRUST AT THE ANNUAL MEETING.
Form 990, Part VI, Section B, line 11THE FORM 990 IS PREPARED BY THE EXTERNAL AUDITORS AND REVIEWED BY THE DIRECTOR OF FINANCE AND ADMINISTRATION. ONCE THE DIRECTOR OF FINANCE AND ADMINISTRATION IS SATISFIED WITH THE FORM, IT IS SHARED WITH THE EXECUTIVE DIRECTOR, THEN IT IS FINALIZED AND A COPY IS SENT TO ALL BOARD MEMBERS. THE BOARD IS ASKED IF THEY HAVE ANY QUESTIONS OR COMMENTS AND ANY QUESTIONS ARE REVIEWED. REVISIONS OR CORRECTIONS ARE MADE AS NECESSARY AND A FINAL COPY IS SENT TO THE BOARD MEMBERS ELECTRONICALLY. IF NO OTHER QUESTIONS OR CHANGES ARE NECESSARY, THE FORM IS THEN SUBMITTED TO THE IRS.
Form 990, Part VI, Section B, line 12cTHE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. THESE PEOPLE ARE ASKED TO REVIEW THE POLICY AND SIGN A STATEMENT INDICATING THAT THEY UNDERSTAND THE POLICY, HAVE REPORTED ALL POTENTIAL CONFLICTS DURING THE PAST YEAR IN ACCORDANCE WITH THE POLICY AND WILL REPORT ALL POTENTIAL CONFLICTS DURING THE COMING YEAR. THE CONTACT POINTS FOR POTENTIAL CONFLICTS ARE THE EXECUTIVE DIRECTOR AND THE BOARD CHAIR, FOLLOWING WHICH A DETERMINATION WILL BE MADE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSACTION IS A CONFLICT, THE BOARD EXAMINES THE TRANSACTION AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION.
Form 990, Part VI, Section B, line 15aANNUALLY THE BOARD CONDUCTS A PERFORMANCE REVIEW AND EVALUATION OF THE EXECUTIVE DIRECTOR. THE REVIEW ALSO ESTABLISHES THE EXECUTIVE DIRECTOR'S COMPENSATION FOR THE FOLLOWING YEAR. THE MINUTES OF THE MEETING NOTE THE OCCURRENCE OF THE ANNUAL REVIEW. THE COMPENSATION FOR ALL OTHER EMPLOYEES, INCLUDING THE DIRECTOR OF FINANCE AND ADMINISTRATION, IS DETERMINED BY THE EXECUTIVE DIRECTOR DURING THE EMPLOYEE'S ANNUAL PERFORMANCE REVIEW AND EVALUATION. THE BOARD APPROVES THE COMPENSATION OF OTHER EMPLOYEES THROUGH THE ANNUAL BUDGET APPROVAL PROCESS.
Form 990, Part VI, Section C, line 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION WILL MAIL COPIES UPON REQUEST OR PROVIDE COPIES TO THOSE WHO COME TO THE ADMINISTRATIVE OFFICE DURING NORMAL BUSINESS HOURS.

Schedule R IRS990ScheduleR

Form990 Schedule R Part IV Form990ScheduleRPartIV

Name Of Related Org NameOfRelatedOrg

FieldValueIRS element (for citing)
Business Name Line1THREE S CORPORATIONBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1790 AQUIDNECK AVEAddressLine1
CityMIDDLETOWNCity
StateRIState
ZIP Code02842ZIPCode
FieldValueIRS element (for citing)
EIN050318828EIN
Primary ActivityPRESERVING OPEN SPACE FOR THE LASTING BENEFIT OF THE COMMUNITY.PrimaryActivity
Legal Domicile StateRILegalDomicileState

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1AQUIDNECK LAND TRUSTBusinessNameLine1
FieldValueIRS element (for citing)
Type Of EntitySTypeOfEntity
Share Of EOY Assets210935ShareOfEOYAssets
Percentage Ownership1.00000PercentageOwnership
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees0SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org1ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable

Name Of Other Organization NameOfOtherOrganization

FieldValueIRS element (for citing)
Business Name Line1THREE S CORPORATIONBusinessNameLine1
FieldValueIRS element (for citing)
Transaction TypePTransactionType
Amount Involved1504AmountInvolved

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