2024-02-15T10:24:52-06:00 2022-12-31 570776381 WEBSTERROGERS LLP PO BOX 1999 BLUFFTON SC 29910 990 2022-01-01 570905093 SPRING ISLAND TRUST SPRI 8439872127 174 CALLAWASSIE DRIVE OKATIE SC 29910 CHARLES KALMBACH TREASURER 8439872127 2024-02-13 1 CHARLES KALMBACH XXX-XX-XXXX 0 TABATHA R BELLFLOWERSEA P01314866 8437068440 2024-02-12 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHARLES KALMBACH 174 CALLAWASSIE DRIVE OKATIE SC 29910 2253511 0 X WWW.SPRINGISLANDTRUST.ORG X 1987 SC TO INSURE PRESERVATION AND PROTECTION OF THE ISLAND'S ENVIRONMENT AND CULTURAL HISTORY. 11 11 12 0 0 0 1181618 1189931 79229 128774 156676 207624 571562 407086 1989085 1933415 75119 670 0 0 665482 744853 0 0 76702 664552 592460 1405153 1337983 583932 595432 7604526 7397597 141731 41042 7462795 7356555 FOR THE PURPOSE OF MAINTAINING A NATURE PRESERVE, IMPROVING AND PRESERVING THE HABITAT OF RARE ANIMAL SPECIES AND ECOSYSTEMS, PRESERVATION OF AN ENVIRONMENTAL CONSERVANCY, AND PROVIDING FOR EDUCATIONAL AND SCIENTIFIC RESEARCH FOR THE PUBLIC. 0 0 957892 670 128774 HABITAT IMPROVEMENTS EXPENSES/NATURE PRESERVE - PRESERVATION OF AN ENVIRONMENTAL CONSERVATORY INCLUDING RARE ANIMAL SPECIES AND ECOSYSTEMS - EDUCATE SPRING ISLAND RESIDENTS TO BE WISE ENVIRONMENTAL STEWARDS OF THEIR PROPERTIES AND SUPPORT SCIENTIFIC RESEARCH THAT LEADS TO MORE EFFECTIVE HABITAT MANAGEMENT ON SPRING ISLAND. 957892 1 1 0 0 0 0 1 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 12 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 0 1 1 0 0 1 0 0 0 0 0 0 SC X CRAIG J SIMONSON 8439872127 174 CALLAWASSIE DRIVE OKATIE SC 29909 BETSY CHAFFIN EMERITUS 1.00 X 0 0 0 DEAN HARRIGAL DIRECTOR 1.00 X 0 0 0 JANE TIERNEY DIRECTOR 1.00 X 0 0 0 RUTHANN RAY DIRECTOR 1.00 X 0 0 0 TOMMY BOYLE DIRECTOR 1.00 X 0 0 0 CARIN SHERMAN DIRECTOR 1.00 X 0 0 0 PETER DRAKE DIRECTOR 1.00 X 0 0 0 DANCY CASSELL DIRECTOR 1.00 X 0 0 0 GAYLYNN GOLDEN SECRETARY 1.00 X 0 0 0 CHARLES KALMBACH TREASURER 1.00 X 0 0 0 DAVID RICH VICE-CHAIRMAN 1.00 X 0 0 0 SALLY SWIFT CHAIRMAN 5.00 X 0 0 0 ANDREW JONES EXECUTIVE DIRECTOR 40.00 X 128813 0 3172 128813 0 3172 1 0 0 0 0 1189931 1189931 NATIVE PLANT PROJECT 611710 44167 44167 TRIPS AND TOURS 611710 38976 38976 MASTER NATURALIST 611710 25717 25717 OTHER PROGRAM REVENUES 611710 11834 11834 CAMP SPRING ISLAND 611710 8080 8080 128774 85143 85143 442577 320096 122481 122481 122481 REAL ESTATE REVENUES 531390 400278 400278 OTHER REVENUE 3958 3958 RENTAL REVENUE 532000 2850 2850 407086 1933415 128774 0 614710 670 670 131985 104268 21118 6599 612868 486982 100553 25333 69150 69150 42859 36129 5631 1099 33313 15125 14777 3411 37746 37746 51958 30867 21091 70604 22406 18575 29623 85103 85103 59875 38182 21693 SUPPLIES 37077 34185 2892 REPAIRS AND MAINTENANCE 34067 10683 23384 LANDSCAPING SUPPLIES 24048 24048 PROPERTY TAXES 22630 22582 48 24030 8916 4525 10589 1337983 957892 303389 76702 1916221 1657977 12098 0 1994965 918545 918960 1076420 4757247 4663200 7604526 7397597 83831 27694 57900 13348 141731 41042 X 7382795 7176555 80000 180000 7462795 7356555 7604526 7397597 595432 -701672 0 X X 0 1 X 1 0 X 897890 999933 1005821 1181618 1189931 5275193 150917 159808 103451 79229 128774 622179 1048807 1159741 1109272 1260847 1318705 5897372 0 84455 84455 84455 84455 5812917 61923 83510 51754 624775 492229 1314191 61923 83510 51754 624775 492229 1314191 1110730 1243251 1161026 1885622 1810934 7211563 0.80610 0.89150 0.18220 0.10850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 1 1133.00 0 0 0 1 1 2000.00 0 X 0 597222 597222 923851 646865 276986 173479 80507 92972 300413 191173 109240 1076420 SALARIES PAYABLE 9966 DUE TO AFFILIATES 3382 13348 X 1231743 -701672 -701672 1933415 0 1933415 1337983 0 1337983 0 1337983 PART X, LINE 2: THE TRUST IS A NOT-FOR-PROFIT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). AS SUCH, THE TRUST IS EXEMPT FROM FEDERAL INCOME TAXES EXCEPT ON THE NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. FOR THE YEARS ENDED DECEMBER 31, 2022, THERE WAS NO UNRELATED BUSINESS TAXABLE INCOME AND ACCORDINGLY, THE TRUST INCURRED NO INCOME TAX LIABILITY FOR 2022. THE TRUST BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022. BECAUSE THE TRUST IS EXEMPT FROM TAXATION UNDER INTERNAL REVENUE CODE 501 (C)(3), IT IS GENERALLY NOT EXPOSED TO INTEREST AND PENALTIES RELATED TO INCOME TAXES. WHEN APPLICABLE, THE TRUST RECONGIZES INTEREST AND PENALTIES PAID RELATED TO TAX OBLIGATIONS AND BENEFITS IN MANAGEMENT AND GENERAL EXPENSES. THE TRUST FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF SOUTH CAROLINA. PART III, LINE 1A: ARTWORK IS GENERALLY RECEIVED THROUGH AN EXCHANGE OF ROOM AND BOARD COSTS PROVIDED THROUGH THE VISITING ARTIST PROGRAM. 1 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS COMPOSED OF MEMBERS. ALL PROPERTY OWNERS ON SPRING ISLAND HAVE THE RIGHT TO BE MEMBERS OF SPRING ISLAND TRUST. FORM 990, PART VI, SECTION A, LINE 7A NINE TRUSTEES ARE ELECTED BY THE MEMBERS OF THE TRUST AND SERVE STAGGERED THREE YEAR TERMS. ONE ADDITIONAL TRUSTEEE IS APPOINTED BY BOTH SPRING ISLAND CLUB AND SPRING ISLAND PROPERTY OWNERS ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN IS PREPARED IN CONJUNCTION WITH AN AUDIT OF THE FINANCIAL STATEMENTS. AFTER PREPARATION, AND BEFORE FILING, COPIES OF THE RETURN ARE PROVIDED TO THE EXECUTIVE DIRECTOR AND TREASURER. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION ARRANGEMENTS ARE DETERMINED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS FOR THE AUDIT SPRING ISLAND CLUB 42 MOBLEY OAKS LANE OKATIE SC 29909 570905091 PRIVATE COUNTRY CLUB SC 501(C)(7) 0 SPRING ISLAND PROPERTY OWNERS ASSOCIATION 42 MOBLEY OAKS LANE OKATIE SC 29909 570905361 PROPERTY OWNER ASSOCIATION SC C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0