2024-04-26T12:00:03-05:00 2023-06-30 233018514 DUNLAPSLK PC 1300 HORIZON DRIVE SUITE 106 CHALFONT PA 18914 990 2022-07-01 231732453 PENNYPACK ECOLOGICAL RESTORATION TRUST PENN 2156570830 2955 EDGE HILL ROAD HUNTINGDON VALLEY PA 190065099 CHRISTOPHER MENDEL EXECUTIVE DIRECTOR 2156570830 2024-04-22 1 CHRISTOPHER MENDEL 999009999 0 JULIA L DAVIS P00163568 2675943755 2024-04-22 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRISTOPHER MENDEL 2955 EDGE HILL ROAD HUNTINGDON VALLEY PA 190065099 9995851 0 X WWW.PENNYPACKTRUST.ORG X 1970 PA PROTECTION AND PRESERVATION OF THE PENNYPACK CREEK WATERSHED. 21 21 18 97 0 0 2960941 7460314 0 0 587445 436756 -17055 34945 3531331 7932015 0 0 0 0 647347 658138 0 0 91917 997778 972845 1645125 1630983 1886206 6301032 40097653 47644987 208767 458113 39888886 47186874 X THE MISSION OF THE TRUST AND ITS MEMBERSHIP IS TO PROTECT, RESTORE AND PRESERVE THE LANDS OF THE CENTRAL PENNYPACK CREEK VALLEY SO THAT THEY REMAIN AN ENHANCEMENT TO THE QUALITY OF VISITORS' LIVES, REMAIN A VIBRANT AND DIVERSE NATURAL LANDSCAPE SUPPORTING NATIVE PLANT AND ANIMAL LIFE, AND BECOME THE STANDARD OF EXCELLENCE FOR INNOVATIVE RESTORATION AND STEWARDSHIP PRACTICES TO BE SHARED WITH OTHER INDIVIDUALS AND ORGANIZATIONS JOINED IN COMMON COMMITMENT TO THE ENVIRONMENT. 0 0 1230658 39704 INSTILL PUBLIC AWARENESS OF THE CONSERVATION AND RESTORATION OF THE NATURAL RESOURCES OF THE PENNYPACK CREEK WATERSHED AND PROMOTE THE ENJOYMENT AND PROTECTION OF THE WATERSHED THROUGH RESEARCH AND OPEN SPACE MANAGEMENT. 1230658 1 1 0 0 0 0 1 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 17 0 18 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X THE ORGANIZATION 2156570830 2955 EDGE HILL ROAD HUNTINGDON VALLEY PA 190065099 CHRIS MENDEL EXECUTIVE DIRECTOR 40.00 X X 113031 0 10169 TIFFANY YOUNG CONTROLLER 40.00 X X 81040 0 8538 LEIGH ALTADONNA DIRECTOR 2.00 X 0 0 0 GREGG ASPLUNDH DIRECTOR 2.00 X 0 0 0 DR FREDERICK BRYNTESSON DIRECTOR 2.00 X 0 0 0 AMY BUICK DIRECTOR 2.00 X 0 0 0 LOUISE D'ALESSANDRO DIRECTOR 2.00 X 0 0 0 KYLE GENZLINGER DIRECTOR 2.00 X 0 0 0 ALEXIS DILLETT ISZTWAN DIRECTOR 2.00 X 0 0 0 CHERYL LOCKARD DIRECTOR 2.00 X 0 0 0 CHRIS ODHNER DIRECTOR 2.00 X 0 0 0 GREGORY ODHNER DIRECTOR 2.00 X 0 0 0 DAVID OYLER DIRECTOR 2.00 X 0 0 0 JOHN PETERMAN DIRECTOR 2.00 X 0 0 0 ROBERT RIETHMILLER DIRECTOR 2.00 X 0 0 0 KENNETH SCHAUDER DIRECTOR 2.00 X 0 0 0 KIM SEESE DIRECTOR 2.00 X 0 0 0 WILLIAM WEIHENMAYER JR DIRECTOR 2.00 X 0 0 0 GILBERT P HIGH JR PRESIDENT 5.00 X X 0 0 0 CHRISTOPHER CARR VICE PRESIDENT 5.00 X X 0 0 0 LOUIS DAVIS III VICE PRESIDENT 5.00 X X 0 0 0 DAVID ROWLAND SECRETARY 5.00 X X 0 0 0 PAUL A RUTHERFORD TREASURER 5.00 X X 0 0 0 194071 0 18707 1 0 0 0 0 311859 25167 7123288 1001024 7460314 360007 360007 2087797 2007142 3906 80655 -3906 76749 76749 6795 25167 11554 -4759 -4759 62669 41234 21435 21435 OTHER INCOME 900099 18269 18269 18269 7932015 39704 0 431997 134281 67141 26856 40284 417709 288135 107335 22239 17448 13958 3490 52650 44336 6684 1630 36050 25319 9030 1701 5300 4240 1060 12275 9820 2455 92344 92344 4343 3474 869 26063 26063 19013 15210 3803 19206 15365 3841 18436 14749 3687 4022 3218 804 170609 136487 34122 52640 42112 10528 GRANT EXPENSES 372942 372942 PROPERTY EXPENSES 153586 153586 PROGRAM EXPENSES 14566 14566 MISCELLANEOUS 7500 6000 1500 1630983 1230658 308408 91917 1005 383416 954465 1650040 672076 4249381 4152 5279 2586 7267 28994610 2183367 25484475 26811243 12791604 14341987 132195 137616 55095 58758 40097653 47644987 130312 379190 77573 78923 882 208767 458113 X 9413566 14594546 30475320 32592328 39888886 47186874 40097653 47644987 6301032 996956 0 X X 0 1 X 1 0 X 1247976 874639 754397 1724247 2685891 7287150 1247976 874639 754397 1724247 2685891 7287150 7287150 348971 188510 211816 247030 360007 1356334 49559 12597 13279 25256 18268 118959 8762443 105680 0.83160 0.79960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 12 169.86 0 1 0 6.00 150 8198215 43446 778676 531654 8488683 9698264 11000 -1228487 282562 8198215 7530422 105450 2114966 52574 9698264 7663486 46700 139183 318947 7530422 7390341 95036 384189 206081 7663486 0.36800 0.63200 0 0 24895531 24895531 3718277 1909103 1809174 380802 274264 106538 26811243 X 8889415 996956 52788 1049744 7839671 92344 92344 7932015 1591427 52788 52788 1538639 92344 92344 1630983 PART II, LINE 9: CONSERVATION EASEMENTS ARE REPORTED IN THE TRUST'S FINANCIAL STATEMENTS AS ASSETS, AND INCLUDED AS LAND. WHEN AN EASEMENT IS ACQUIRED IT IS RECORDED AS AN ASSET AT ITS COST, OR IF DONATED, AT ITS APPRAISED VALUE. WHEN AN EASEMENT IS DONATED, THE APPRAISED VALUE OF THE EASEMENT IS RECORDED AS CONTRIBUTION REVENUE. PART V, LINE 4: INCOME IS TO BE USED FOR THE OPERATIONS OF THE TRUST. PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN THE CURRENT OR PRIOR YEAR. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 41,234. SPECIAL EVENT EXPENSES 11,554. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 41,234. SPECIAL EVENT EXPENSE 11,554. HAYRIDE 11533 6663 4870 2861 TRAIL RUN 19774 18349 1425 7388 1 655 155 500 1305 31962 25167 6795 11554 11554 -4759 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDES HOUSING TO THE EXECUTIVE DIRECTOR ON THE ORGANIZATION'S PREMISES. X 3 15774 FAIR VALUE X 1 985250 APPRAISED VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS THAT PAY AN ANNUAL MEMBERSHIP FEE TO THE ORGANIZATION. THEY DO NOT RECEIVE SHARES OF STOCK OR OTHER OWNERSHIP INTERESTS. THEY DO NOT RECEIVE ANY SHARES OF PROFITS OR EXCESS DUES OR A SHARE OF THE NET ASSETS UPON DISSOLUTION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS HAVE THE RIGHT TO ELECT THE ORGANIZATION'S BOARD OF DIRECTORS. THE BOARD IS ELECTED ANNUALLY AT A MEETING THAT ALL MEMBERS ARE INVITED TO ATTEND. MUNICIPAL MEMBERS ARE APPOINTED BY THE ELECTED BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 WAS DISTRIBUTED TO THE BOARD OF DIRECTORS VIA EMAIL, AND DISCUSSED AT THE BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS FILL OUT A CONFLICT OF INTEREST FORM EACH YEAR. ANY POTENTIAL CONFLICTS ARE REVIEWED BY MANAGEMENT AND THE BOARD BEFORE ANY BUSINESS IS UNDERTAKEN. FORM 990, PART VI, SECTION B, LINE 15 THE PENNYPACK TRUST HIRED AN EXECUTIVE SEARCH FIRM THAT HIRED THE CURRENT EXECUTIVE DIRECTOR AND COMPENSATION WAS BASED UPON COMPARABLE SALARIES PROVIDED BY THAT FIRM. ALL SALARIES INCLUDING THE EXECUTIVE DIRECTOR'S ARE IN LINE WITH ANNUAL OR SEMI-ANNUAL SALARY SURVEYS PROVIDED BY THE LAND TRUST ALLIANCE AND A CONSORTIUM OF PENNSYLVANIA NATURE PRESERVES AND NATURE EDUCATION FACILITIES. BOTH ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE TRUST'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MAINTAINED IN THE TRUST'S HEADQUARTERS AND ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THERE WAS NO CHANGE IN THE AUDIT OVERSIGHT PROCESS FROM THE PRIOR YEAR.