2024-10-15T13:40:42-05:00 2023-12-31 510232475 COVER & ROSSITER PA 2711 CENTERVILLE ROAD SUITE 100 WILMINGTON DE 19808 990 2023-01-01 232698266 NORTH AMERICAN LAND TRUST NORT 6103883670 100 HICKORY HILL ROAD CHADDS FORD PA 19317 STEVEN CARTER PRESIDENT 6103883670 2024-10-11 1 1 PETER S KENNEDY CPA P00571422 3026566632 2024-10-11 2023 2024-10-15 13:58:12Z STEVEN CARTER 100 HICKORY HILL ROAD CHADDS FORD PA 19317 3537714 0 X WWW.NORTHAMERICANLANDTRUST.ORG X 1992 PA THE MISSION OF NORTH AMERICAN LAND TRUST IS TO PERMANENTLY CONSERVE AND STEWARD NATURAL AND CULTURAL RESOURCES THROUGH INNOVATIVE LAND PRESERVATION PARTNERSHIPS.NALT IS A "QUALIFIED ORGANIZATION" ELIGIBLE TO RECEIVE TAX DEDUCTIBLE GIFTS OF CONSERVATION EASEMENTS BECAUSE IT HAS THE COMMITMENT AND RESOURCES TO PROTECT THE CONSERVATION PURPOSES OF THE DONATION AND MONITOR AND ENFORCE THE RESTRICTIONS OF THE CONSERVATION EASEMENT. 9 8 16 8 0 0 1758115 329079 579513 1000925 175175 117462 25372 0 2538175 1447466 0 0 0 0 1295903 1507552 0 0 17090 736520 689747 2032423 2197299 505752 -749833 53323658 51630107 726755 723427 52596903 50906680 THE MISSION OF NORTH AMERICAN LAND TRUST IS TO PERMANENTLY CONSERVE AND STEWARD NATURAL AND CULTURAL RESOURCES THROUGH INNOVATIVE LAND PRESERVATION PARTNERSHIPS. 0 0 1648242 1000925 THE ORGANIZATION HAS INCURRED EXPENSES RELATED TO THE ESTABLISHMENT OF CONSERVATION EASEMENTS, ANNUAL MONITORING OF CONSERVATION EASEMENTS, ACQUISITION AND MANAGEMENT OF PROPERTY, ASSISTANCE TO PUBLIC AGENCIES, CONSERVATION CONSULTING, CONSERVATION MANAGEMENT SERVICES, AND PUBLIC EDUCATION PROGRAMMING AND ACTIVITIES. 1648242 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 16 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL FL GA KY MD MI MS NY NC PA SC TN VA WV CA IL NV NJ OR X X STEVEN CARTER 6103883670 PO BOX 467 CHADDS FORD PA 19317 STEVE CARTER PRESIDENT 40.00 X X 137913 0 44415 W TREDICK MCINTIRE CHAIRMAN 1.00 X X 0 0 0 JEFF WALDON DIRECTOR 1.00 X X 0 0 0 KAREN MAZZA SECRETARY 1.00 X X 0 0 0 WILLIAM HARBECK OFFICER 1.00 X X 0 0 0 BARBARA MCILVAINE SMITH TREASURER 1.00 X 0 0 0 JOHN D SNOOK DIRECTOR 1.00 X 0 0 0 J PAUL HALDEMAN DIRECTOR 1.00 X 0 0 0 JACK BUTLER VICE CHAIRMAN 1.00 X X 0 0 0 JEFFREY SOMERS ASSISTANT TREASURER 40.00 X 96249 0 23451 234162 0 67866 1 0 1 0 0 329079 329079 PROJECT INCOME 531310 1000925 1000925 1000925 86254 86254 2121456 2090248 31208 31208 31208 1447466 1000925 0 117462 297734 254085 41624 2025 906171 773326 126683 6162 21918 18705 3064 149 189663 161859 26515 1289 92066 78569 12871 626 133833 115096 18737 31000 31000 60399 60399 3321 3321 100630 85877 14069 684 20966 17892 2932 142 20872 17812 2919 141 41090 41090 18617 18617 47650 47650 69644 69644 PROJECT EXPENSES 127572 125021 2551 STATE REGISTRATIONS 9949 9949 BAD DEBT EXPENSE 4204 4204 2197299 1648242 531967 17090 107877 176823 303053 59429 197959 0 247190 161127 37093 29090 48343219 1165764 48729188 47177455 3587610 3906744 113688 119439 53323658 51630107 138471 161412 51487 47269 423109 395307 113688 119439 726755 723427 X 46618398 44785203 5978505 6121477 52596903 50906680 53323658 51630107 X -749833 282479 28211 -1251080 X X 0 1 X 1 0 X 262127 495695 5809526 774863 329079 7671290 262127 495695 5809526 774863 329079 7671290 796667 6874623 130827 109856 144541 113315 86254 584793 163 2529 2692 8258775 2764246 0.83240 0.86130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 574 138766.00 0 0 3 24 1 4878.00 300208 1 3587610 390367 71233 3906744 4005773 -362515 55648 3587610 523757 2998092 520349 36425 4005773 507967 39901 24111 523757 451470 79286 22789 507967 0.43940 0.07680 0.48380 0 0 42587205 3931515 46518720 1432642 808408 624234 391857 357356 34501 47177455 MITIGATION MANAGEMENT FUNDS 119439 119439 478865 282479 -1251080 -968601 1447466 0 1447466 2197299 0 2197299 0 2197299 PART II, LINE 3: EVENFLOW - THE MARYLAND DEPARTMENT OF ENVIRONMENT REQUIRED MINOR REVISIONS TO THE CONSERVATION EASEMENT, WHICH WAS NOT TAX-DEDUCTIBLE. ADJUSTMENTS WERE ADMINISTRATIVE IN NATURE AND NO RESTRICTIONS OR RESERVED RIGHTS WERE MODIFIED. BEECH SPRINGS - PERMANENTLY EXTINGUISHED TWO RESERVED BUILDING AREAS, A DOCK, AND OTHER ACCESSORY RIGHTS WHILE ALLOWING MODEST EXPANSION OF AN EXISTING HOUSE AND BARN. OSPREY COVE - PERMANENTLY EXTINGUISHED TWO RESERVED BUILDING AREAS AND OTHER ACCESSORY RIGHTS WHILE ALLOWING THE CONSTRUCTION OF PUBLIC RECREATIONAL AND EDUCATIONAL STRUCTURES FOR THE CITY OF GULF SHORES, ALABAMA. PART II, LINE 5: THE ORGANIZATION HAS A WRITTEN POLICY REGARDING THE PERIODIC MONITORING, INSPECTION, HANDLING OF VIOLATIONS, AND ENFORCEMENT CONSERVATION EASEMENTS. PART II, LINE 9: THE ORGANIZATION DOES NOT RECORD ANY AMOUNTS FOR LAND EASEMENTS DONATED IN CONNECTION WITH ITS CONSERVATION MISSION. PURCHASES OF LAND EASEMENTS ARE EXPENSED AS INCURRED. PART V, LINE 4: THE PERMANENTLY RESTRICTED ENDOWMENT FUNDS ARE TO BE USED TO MAINTAIN THE KNIGHT'S ISLAND PROPERTY. PART XI, LINE 2D - OTHER ADJUSTMENTS: IMPAIRMENT ON INVESTMENT PROPERTY -1,251,080. PART XI LINE 2D - OTHER ADJUSTMENTS NALT OWNED PROPERTIES THAT ARE UNRESTRICTED IN TERMS OF USE ARE OCCASIONALLY PLACED UNDER EASEMENT OR HAVE RESTRICTIONS PLACED ON THEM. IN THESE INSTANCES, THE MARKET AND CARRYING VALUE OF THE PROPERTIES ARE ADJUSTED ON NALT'S BOOKS TO REFLECT THE NEW MARKET VALUE. IT IS IMPORTANT TO NOTE THAT THE BOARD OF DIRECTORS' DECISIONS TO PLACE CONSERVATION EASEMENTS OR RESTRICTIONS ON CERTAIN UNRESTRICTED PROPERTIES IS AT THE HEART OF NALT'S MISSION TO PERMANENTLY PROTECT OUR NATURAL AND CULTURAL RESOURCES. X 0 0 0 0 0 0 0 0 0 STEVE CARTER PRESIDENT 137913 0 0 0 0 0 4233 0 40182 0 182328 0 0 0 PART I, LINE 3 BOARD REVIEWS AND APPROVES COMPENSATION FOR PRESIDENT ANNUALLY. J PAUL HALDEMAN DIRECTOR BUILDING PURCHASE X 85000 47269 0 1 1 47269 GEORGE ASIMOS ESQ FORMER OFFICER OF THE NORTH AMERICAN LAND TRUST 66808 GEORGE ASIMOS, ESQ. PROVIDES CONTINUING LEGAL SUPPORT AND CONSULTING SERVICES TO THE TRUST 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 WAS REVIEWED AND APPROVED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ENFORCES ITS CONFLICT OF INTEREST POLICY BY HAVING BOARD MEMBERS AND STAFF SIGN AN AFFIRMATION OF THE POLICY DISCLOSING POTENTIAL CONFLICTS. THE CHAIR AND THE PRESIDENT JOINTLY ENSURE THE POLICY IMPLEMENTATION WHICH REQUIRES DISCLOSURE BY ANY INSIDE PARTY AT THE TIME OF DISCUSSION OR VOTE ON A MATTER WHERE THAT PARTY HAS A REAL OR PERCEIVED CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 BOARD REVIEWS AND APPROVES COMPENSATION (IF ANY) OF OFFICERS ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS MAY BE MADE AVAILABLE UPON REQUEST. 990'S CAN BE VIEWED ON IRS WEBSITE. FORM 990, PART XI, LINE 9: IMPAIRMENT LOSS ON INVESTMENT PROPERTY -1,251,080. FORM 990, PART XII, LINE 2C: THE BOARD ASSUMES THE RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT AUDITOR. PALMETTO BLUFF FOUNDATION INC 11 VILLAGE PARK SQUARE BLUFFTON SC 29910 412128551 TO PRESERVE AND PROTECT THE NATURAL ENVIRONMENT OF THE PALMETTO BLUFF COMMUN SC 501(C)(3) LINE 12A, I NALT 0 RICHLAND TRUST INC 27 WEST MAIN STREET BREVARD NC 28715 202007052 MANAGEMENT OF LAND CONSERVATION EASEMENTS NC 501(C)(3) LINE 12A, I NALT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0