2011-09-12T11:08:30-05:00 2010-12-31 WEGNER CPA'S LLP 2110 LUANN LN MADISON WI 537133098 990 2010-01-01 391618389 WEST WISCONSIN LAND TRUST INC WEST 7152358850 500 MAIN ST E NO 307 MENOMONIE WI 547512513 JOHN GOETZ 7152358850 2011-09-01 1 BRUCE MAYER CPA CFP 6082744020 2010 2016-03-07 17:11:31Z JOHN GOETZ 500 MAIN ST E NO 307 MENOMONIE WI 547512513 522763 0 X WWW.WWLT.ORG X 1987 WI WEST WISCONSIN LAND TRUST, INC. WORKS TO PROTECT NATURAL AREAS, WILDLIFE HABITATS, WORKING FARMS, HEALTHY LAKES AND STREAMS, AND RECREATION LAND TO SUPPORT A HIGH QUALITY OF LIFE IN WESTERN WISCONSIN. THE TRUST ACCOMPLISHES ITS MISSION BY DIRECTLY ACQUIRING LAND TO BE MANAGED AND MAINTAINED AS NATURE PRESERVES BY THE TRUST OR WORKING IN CONJUNCTION WITH GOVERNMENT ENTITIES. THE TRUST ALSO ACQUIRES CONSERVATION EASEMENTS--RECORDED LEGAL AGREEMENTS THAT PROTECT THE LAND'S NATURAL AND SCENIC CHARACTERISTICS BY RESTRICTING ITS USE AND DEVELOPMENT. ALTHOUGH THE LANDOWNER RETAINS OWNERSHIP OF THE LAND, THE TRUST HOLDS THE CONSERVATION EASEMENT AND ACCEPTS THE RESPONSIBILITY FOR MONITORING COMPLIANCE WITH THE TERMS OF THE EASEMENT AND FOR DEFENDING THE EASEMENT SHOULD THE TERMS BE THREATENED OR VIOLATED. THE TRUST ALSO ENGAGES IN ACTIVITIES THAT BUILD COMMUNITY SUPPORT FOR THESE LAND CONSERVATION ACTIVITIES THROUGH OUTREACH AND EDUCATION. X 9 9 8 6 0 0 4404289 439776 10390 72031 2177 265 0 0 4416856 512072 0 0 0 0 494553 295390 0 0 46470 405361 168169 899914 463559 3516942 48513 6559208 3193887 796267 131530 5762941 3062357 THE MISSION OF THE WEST WISCONSIN LAND TRUST, INC. IS TO PRESERVE WESTERN WISCONSIN'S NATURAL CHARACTER BY INFORMING, FACILITATING, AND PARTNERING WITH PRIVATE LANDOWNERS, COMMUNITIES, AND LOCAL GOVERNMENTS TO PROTECT VALUABLE LAND. 0 0 316914 72031 DURING 2010 THE WEST WISCONSIN LAND TRUST, INC. PROTECTED 1,072 ACRES OF LAND BY COMPLETING SEVEN NEW LAND PROTECTION PROJECTS WHILE MONITORING AND MANAGING THE LAND AND CONSERVATION EASEMENTS PREVIOUSLY ACQUIRED BY THE TRUST AND CONTINUING TO ENGAGE LOCAL CITIZENS, STUDENTS, AND COMMUNITIES IN LAND PROTECTION ACTIVITIES. INCLUDING THE 2010 RESULTS, THE TRUST HAS COMPLETED MORE THAN 210 CONSERVATION LAND PROJECTS PROTECTING APPROXIMATELY 23,600 ACRES OF LAND AND ASSISTED IN THE PROTECTION OF THOUSANDS OF ADDITIONAL ACRES OF LAND. 316914 1 1 0 0 0 1 0 0 1 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0 0 1 11 0 8 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 1 1 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WI MN X JOHN GOETZ 7152358850 500 MAIN ST E STE 307 MENOMONIE WI 547512513 LARRY JOST 2.00 X X 0 0 0 JOHN GOETZ 2.00 X X 0 0 0 LAURA KRACUM 2.00 X X 0 0 0 JOE KINGMAN 2.00 X X 0 0 0 EDWARD BIXBY 2.00 X 0 0 0 ROBERT CROPP 2.00 X 0 0 0 TISH KEAHNA 2.00 X 0 0 0 CURT ROHLAND 2.00 X 0 0 0 PETER VAUGHAN 2.00 X 0 0 0 RICHARD GAUGER 40.00 X 49779 0 4097 49779 0 4097 0 0 0 0 0 179853 15937 243986 12332 439776 OTHER PROGRAM SERVICES 712190 72031 72031 72031 147 147 10809 10691 118 118 118 512072 72031 0 265 53876 39314 7790 6772 172980 126223 25013 21744 45979 33550 6649 5780 22555 16459 3261 2835 6336 6336 25643 25643 48994 33952 15042 5446 4356 545 545 30277 24223 3027 3027 10829 8201 1314 1314 7955 6363 796 796 3412 2730 341 341 747 747 198 198 9546 7636 955 955 MISCELLANEOUS EXPENSES 18786 13709 2716 2361 463559 316914 100175 46470 12640 47048 970 3115461 36261 6545598 3079200 1523 66116 6559208 3193887 138267 24530 658000 107000 796267 131530 X -782459 -20535 6545400 3082892 5762941 3062357 6559208 3193887 X 48513 -2749097 X 0 1 1 X 0 X 2433059 4867830 1969017 3663556 440576 13374038 2433059 4867830 1969017 3663556 440576 13374038 13374038 35408 29867 11656 1363 6614 84908 13458946 155971 0.99370 0.99440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 173 20260.00 0 0 0 1 1 1250.00 60750 60001 0 6898 295 488 66116 31712 25304 3442 457 60001 30394 1703 385 31712 1.00000 1 0 3079200 3079200 36261 36261 0 3079200 PROVISION FOR REPAYMENT OF CONTRACT FUNDS 107000 107000 512072 463559 48513 165401 -2914498 -2749097 -2700584 520686 2527 6087 8614 512072 0 512072 471471 2527 5385 7912 463559 0 463559 EXPLANATION OF CHANGES TO CONSERVATION EASEMENTS: PART II, LINE 3: CONSERVATION EASEMENTS ACCEPTED OR PURCHASED BY THE TRUST ARE NOT RECOGNIZED AS ASSETS OR REVENUE IN THE FINANCIAL STATEMENTS BECAUSE THE TRUST DOES NOT HOLD FEE TITLE TO THESE PROPERTIES AND THERE ARE NO EXPECTED FUTURE ECONOMIC BENEFITS ASSOCIATED WITH THE EASEMENTS. IN ADDITION, CONSERVATION EASEMENTS CARRY SIGNIFICANT OBLIGATIONS TO MONITOR AND DEFEND THEIR TERMS. IF PURCHASED, THE COSTS OF CONSERVATION EASEMENTS ARE EXPENSED WHEN THE EASEMENTS ARE ACQUIRED. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE INCOME FROM THE ENDOWMENT ASSETS CAN BE USED TO SUPPORT THE TRUST'S GENERAL ACTIVITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: LOSS ON TRANSFER OF LAND -2,915,200. LOSS ON GRANT AGREEMENT -5,385. CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD BY ST. CROIX VALLEY FOUNDATION 6,087. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD BY ST. CROIX VALLEY FOUNDATION 6,087. X 2 12332 QUOTED MARKET PRICES X 7 0 0 0 1 1 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE TRUST IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). THIRD PARTY USE: PART I, LINE 32B: THE TRUST HAS FROM TIME TO TIME USED REALTORS OR OTHER REAL ESTATE PROFESSIONALS TO SELL LAND THAT HAS BEEN CONTRIBUTED TO THE TRUST. LAND IS GENERALLY SOLD WITH APPROPRIATE CONSERSVATION RESTRICTIONS IN PLACE TO PROTECT ANY IDENTIFIED CONSERVATION VALUE. SECURITIES CONTRIBUTED TO THE TRUST ARE PROCESSED AND SOLD BY A LOCAL INVESTMENT BROKER AS SOON AS POSSIBLE AFTER THE SECURITIES ARE RECIEVED. NON REPORTING OF REVENUE: PART I, LINE 33: CONSERVATION EASEMENTS ACCEPTED OR PURCHASED BY THE WEST WISCONSIN LAND TRUST ARE NOT RECOGNIZED AS ASSETS OR REVENUE BECAUSE THE TRUST DOES NOT HOLD FEE TITLE TO THESE PROPERTIES AND THERE ARE NO EXPECTED FUTURE ECONOMIC BENEFITS ASSOCIATED WITH THE EASEMENTS. IN ADDITION, CONSERVATION EASEMENTS CARRY SIGNIFICANT OBLIGATIONS TO MONITOR AND DEFEND THEIR TERMS. IF PURCHASED, THE COSTS OF CONSERVATION EASEMENTS ARE EXPENSED WHEN THE EASEMENTS ARE ACQUIRED. LAND 2010-12-31 3466200 APPRAISED VALUE 396006436 STATE OF WISCONSIN DEPARTMENT OF NATURAL RESOURCES 101 S WEBSTER ST MADISON WI 537033474 STATE GOVERNMENT 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE TRUST'S BYLAWS WERE AMENDED TO ESTABLISH TERM LIMITS ON MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 5 THE TRUST DISCOVERED THAT ITS PRIOR EXECUTIVE DIRECTOR MISUSED THE ORGANIZATION'S CREDIT CARD FOR PERSONAL PURCHASES. THE MATTER WAS TURNED OVER TO LOCAL LAW ENFORCEMENT FOR PROSECUTION AND A PORTION OF THE FUNDS STOLEN WERE REIMBURSED TO THE TRUST. FORM 990, PART VI, SECTION B, LINE 11 THE PREPARED FORM 990 IS REVIEWED BY THE PRESIDENT AND THE TREASURER WITH THE EXECUTIVE DIRECTOR AND A COPY OF THE RETURN IS MADE AVAILABLE TO ALL MEMBERS OF THE GOVERNING BODY BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE MEMBERS OF THE GOVERNING BODY REVIEW AND MAKE DECISIONS REGARDING ALL INTERESTS THAT COULD GIVE RISE TO CONFLICTS AND ACTUAL CONFLICTS OF DIRECTORS AND SIGNIFICANT INTERESTS OR CONFLICTS OF EMPLOYEES. OTHER INTERESTS OR CONFLICTS OF EMPLOYEES ARE HANDLED BY THE EXECUTIVE DIRECTOR. ANY PERSON WITH A CONFLICT MAY NOT BE PRESENT AT OR OTHERWISE PARTICIPATE IN THE DISCUSSIONS REGARDING THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT OF THE GOVERNING BODY ANNUALLY EVALUATES THE PERFORMANCE OF THE EXECUTIVE DIRECTOR USING INPUT FROM THE OTHER DIRECTORS. THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED USING COMPENSATION DATA FOR COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE ON FILE WITH THE WISCONSIN DEPARTMENT OF REGULATION AND LICENSING AND WITH THE MINNESOTA OFFICE OF THE ATTORNEY GENERAL. OTHER FINANCIAL DATA IS WIDELY DISTRIBUTED TO MEMBERS AND OTHER INTERESTED PARTIES THROUGH THE TRUST'S ANNUAL REPORT. THE TRUST'S GOVERNING DOCUMENTS AND POLICIES ARE MADE AVAILABLE UPON REQUEST ON A CASE BY CASE BASIS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: PRIOR PERIOD ADJUSTMENTS: 165,401. LOSS ON TRANSFER OF LAND -2,915,200. LOSS ON GRANT AGREEMENT -5,385. CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD BY ST. CROIX VALLEY FOUNDATION 6,087. TOTAL TO FORM 990, PART XI, LINE 5: -2,749,097. WWLT-REAL ESTATE HOLDINGS LLC 500 MAIN ST E STE 307 MENOMONIE WI 547512513 260247560 HOLD TITLE TO PROPERTY WI 0 360000 N/A MARY E FITZ MEMORIAL PARK TRUST 500 MAIN ST E STE 307 MENOMONIE WI 547512513 396734720 HOLD TITLE TO PROPERTY WI 501(C)(3) PF N/A 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0