2024-09-24T14:16:40-05:00 2023-12-31 521259972 LANIGAN RYAN PC 9841 WASHINGTONIAN BLVD SUITE 300 GAITHERSBURG MD 20878 990 2023-01-01 541897302 OLD DOMINION LAND CONSERVANCY INC OLDD 5712385992 621 MAIN STREET PURCELLVILLE VA 20132 HENRY STRIBLING EXECUTIVE DIRECTOR 5712385992 2024-09-24 1 1 JASON MILLS CPA P01373294 3012588900 2024-09-24 2023 2024-08-08 14:25:15Z HENRY STRIBLING 621 MAIN STREET PURCELLVILLE VA 20132 48678139 0 X WWW.ODLC.US X 1998 VA EDUCATE THE PUBLIC ABOUT THE IMPORTANCE OF CONSERVATION. PROTECT AND PRESERVE VIRGINIA'S HISTORIC COUNTRYSIDE. PROTECT AND PRESERVE VIRGINIA'S WATER RESOURCES. 6 6 2 0 0 0 37366250 48326516 59997 236163 3672 110601 0 318 37429919 48673598 20412 28222 0 0 141992 174558 0 0 0 40734949 48228776 40897353 48431556 -3467434 242042 2531477 4700423 8220 27166 2523257 4673257 X A. PRESERVE AND PROTECT OPEN SPACE THROUGH THE ACQUISITION OF REAL PROPERTY AND/OR THROUGH THE HOLDING OF CONSERVATION EASEMENTS; B. SUPPORT AGRICULTURAL DIVERSITY, AGRICULTURAL ECONOMIC DEVELOPMENT, ENVIRONMENTAL QUALITY AND THE RETENTION OF THE UNIQUE AGRARIAN AND CULTURAL HERITAGE IN THE COMMONWEALTH OF VIRGINIA;C. ENCOURAGE IMPROVED COOPERATION, MUTUAL RESPECT AND SUPPORT AMONG CITIZENS, ORGANIZATIONS AND GOVERNMENTS TOWARDS SOUND LAND USE PLANNING FOR THE PROTECTION OF CHERISHED LANDSCAPE AND NATURAL RESOURCES; AND D. EDUCATE THE PUBLIC REGARDING THE ENVIRONMENT AND NEED FOR PRESERVATION OF THE ENVIRONMENT THROUGH CONVSERVATION EASEMENTS AND OTHER MEANS TO PRESERVE OPEN SPACE AND NATURAL RESOURCES. 0 0 48272396 236129 RECORDED FOURTEEN (14) NEW CONSERVATION EASEMENTS ON 1,932.70 ACRES WITH APPRAISED FAIR MARKET VALUES TOTALING $47,957,000. AT YEAR END A TOTAL OF 134 EASEMENTS WERE HELD TOTALING 20,705.58. 28570 CONTINUED TO WORK WITH THE STATE OF VIRGINIA AND THE COUNTY OF LOUDOUN ON THE DONATION OF 12.37 ACRES OF A STATE PARK IN LOUDOUN COUNTY. 4000 4000 GRANTED TWO (2) SCHOLARSHIPS TO STUDENTS ATTENDING:UNIVERSITY OF VIRGINIAVIRGINIA TECH UNIVERSITY 24222 24222 CONTRIBUTED TO ELEVEN (11) NONPROFIT ORGANIZATIONS: ORGANIZATIONS AND PROJECTS AIMED AT LAND STEWARDSHIP, PRESERVATION, NATURAL RESOURCES AND EDUCATION OF ENVIRONMENTAL ISSUES. 24222 24222 48329188 1 1 0 0 0 0 1 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 3 0 2 1 0 0 0 0 0 0 0 0 0 0 X 6 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 VA X X HENRY D STRIBLING 5712385992 621 MAIN STREET PURCELLVILLE VA 20132 CHRISTOPHER P FIELDING CHAIRMAN 3.75 X X 0 0 0 ROBERT LEAHEY DIRECTOR 1.00 X 0 0 0 MIKE RAY VICE CHAIRMAN 1.86 X X 0 0 0 MATT PARSE DIRECTOR 1.00 X 0 0 0 MICHAEL MASTROBERTI SECRETARY 1.00 X X 0 0 0 KATHLEEN ELDER DIRECTOR 1.00 X 0 0 0 HENRY D STRIBLING EXECUTIVE DIRECTOR 20.00 X 121683 0 0 121683 0 0 1 0 0 0 0 X 48326516 47957000 48326516 GOVERNMENT GRANTS 531390 194163 194163 PROGRAM SERVICE FEES 531390 42000 42000 236163 110635 110635 4507 4541 -34 -34 -34 OTHER REVENUE 900099 318 318 318 48673598 236129 0 110953 24222 24222 4000 4000 162283 121712 40571 12275 9206 3069 28570 28570 19950 19950 135051 125966 9085 23908 5028 18880 12290 9218 3072 33716 33716 530 530 3214 3214 14067 10550 3517 CONSERVATION EASEMENTS 47957000 47957000 REPAIRS 480 480 48431556 48329188 102368 0 200264 1134697 1727213 1966806 270663 714890 35714 604000 679176 637702 0 11379 2531477 4700423 5141 8220 22025 8220 27166 X 1674257 3994257 849000 679000 2523257 4673257 2531477 4700423 X 242042 36057 -2163 1874064 X 1 X 0 0 0 X 438166 434486 731470 454997 714047 2773166 438166 434486 731470 454997 714047 2773166 2773166 7412 9042 3670 3672 110635 134431 36341 36341 2943938 0.94200 0.99600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 134 20705.58 0 1 1 550.00 36400 604000 604000 110890 35714 75176 679176 OTHER SECURITIES 637702 F 637702 CREDIT CARD 202 LEASE LIABILITY 11704 ACCRUED PAYROLL AND RELATED LIABILITIES 10119 22025 X PART X, LINE 2: FOR FINANCIAL REPORTING PURPOSES, THE ORGANIZATION RECOGNIZES TAX POSITIONS CLAIMED OR EXPECTED TO BE CLAIMED BASED UPON WHETHER IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION. INTEREST, IF ANY, RELATED TO INCOME TAX LIABILITIES IS INCLUDED IN INTEREST EXPENSE. PENALTIES, IF ANY, RELATED TO INCOME TAX LIABILITIES ARE INCLUDED IN OPERATING EXPENSE. AS OF DECEMBER 31, 2023 AND 2022, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS PART II, LINE 9: CONSERVATION EASEMENTS ARE RECORDED IN REVENUE AND EXPENSES AT APPRAISED FAIR MARKET VALUE WHEN THEY ARE RECEVIED. HOWEVER, BECAUSE THERE IS NO COST OR OTHER BASIS ASSOCIATED WITH EASEMENTS DONATED TO AND HELD BY THE ORGANIZATION, THEY ARE NOT LISTED ON THE BALANCE SHEET. PURCHASED EASEMENTS, IF ANY, AND REAL PROERTY DONATED TO THE ORGANIZATION IN FEE-SIMPLE OWNERSHIP INTERST ARE RECORDED AT COST OR APPRAISED FAIR MARKET VALUE, RESPECTIVELY. X 14 47957000 APPRAISED FMV 0 0 0 SCHEDULE M, PART I, COLUMN (B): THE ORGANIZATION RECORDS EACH NON-CASH DONATION AS ONE (1) ITEM, REGARDLESS OF SIZE OF DONATION OR NUMBER OF ACRES OF LAND. THE ORGANIZATION RECEIVED A TOTAL OF FOURTEEN (14) NON-CASH CONTRIBUTIONS COMPRISED ENTIRELY OF QUALIFIED CONSERVATION EASEMENTS. FORM 990, PART VI, SECTION A, LINE 2 EXECUTIVE DIRECTOR, HENRY STRIBLING, HAS HAD A BUSINESS RELATIONSHIP WITH CHRISTOPHER FIELDING, CHAIRMAN OF THE BOARD, REGARDING PERSONAL HOME MORTGAGE IN THE PAST. THE ORGANIZATION NOW LEASES OFFICE SPACE IN A BUILDING OWNED BY HENRY STRIBLING (SCHEDULE R). FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS WILL REVIEW THE TAX RETURN PRIOR TO FORM 990 BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY AND IT IS MONITORED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR (ED) HAS AN ANNUAL PERFORMANCE REVIEW AT THE DECEMBER BOARD MEETING. AT THAT TIME, THE ED IS EVALUATED ON WHETHER THE GOALS ESTABLISHED FOR THAT YEAR HAVE BEEN MET, AND NEW GOALS FOR THE FOLLOWING YEAR ARE OUTLINED. THE DECEMBER MEETING ALSO INCLUDES A VOTE ON ANNUAL COST OF LIVING ADJUSTMENTS FOR ALL SALARIED ODLC POSITIONS BASED ON APPROPRIATE INDICES. IN DETERMINING THE ED'S APPROPRIATE INCOME LEVEL, ED COMPENSATION FROM 990S OF SIMILAR ORGANIZATIONS WAS REVIEWED AS WELL AS ED INCOME DATA PROVIDED BY THE LAND TRUST ALLIANCE. AS IT RELATES TO ODLC'S COMPENSATION MODEL, SPLITTING THE INCOME BETWEEN A SALARY AND A PER EASEMENT INCENTIVE WAS A BUSINESS DECISION. AS A MEANS TO KEEP OUR FIXED COSTS AS LOW AS POSSIBLE, A VARIABLE INCOME COMPONENT FOR THE ED POSITION WAS INCORPORATED TO BRING IT TO AN APPROPRIATE LEVEL, WHILE MITIGATING FINANCIAL RISK TO THE ORGANIZATION, AND ALIGNING THE BOARD AND ED INTERESTS IN GROWING THE NUMBER OF EASEMENTS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR ITS FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION. FORM 990, PART VIII, LINE 1G: RECEIPT OF FOURTEEN (14) NON-CASH DONATIONS OF OPEN SPACE CONSERVATION EASEMENTS OF $47,957,000. FORM 990, PART XI, LINE 9: CHANGE IN ACCOUNTING METHOD FROM CASH TO ACCRUAL (SEE FORM 3115) 1,874,064. 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 ECHOLS HOUSE LLC K 11280 ACTUAL COST