2024-10-03T11:55:31-05:00 2023-12-31 222027092 WITHUMSMITHBROWN PC 1835 MARKET STREET PHILADELPHIA PA 19103 990 2023-01-01 256646514 LONDON BRITAIN TOWNSHIP LAND TRUST LOND 6102553542 PO BOX 215 KEMBLESVILLE PA 19347 JOE MCNELIS TREASURER 6102553542 2024-10-03 1 0 CARL HOGAN P01368906 2155677770 2024-10-03 2023 2024-10-15 13:58:12Z JOE MCNELIS PO BOX 215 KEMBLESVILLE PA 19347 9943 0 X WWW.LBTLANDTRUST.ORG X 1999 PA PRESERVE, ENHANCE, MAINTAIN, INSPECT OPEN SPACE OWNED OR EASED CONTROL INVASIVES BE A RESOURCE TO RESIDENTS TO KEEP TOWNSHIP OPEN SPACE. 6 6 0 10 0 0 2077 2419 0 0 7620 7524 0 0 9697 9943 0 0 0 0 0 0 0 0 0 15851 16331 15851 16331 -6154 -6388 407107 488660 0 0 407107 488660 PRESERVE, MAINTAIN, ENHANCE EXHISTING OWNED PROPERTY AND STATED EASEMENTS INSPECT ANNUAL CONTROL INVASIVES, MAINTAIN TRAILS ACT AS A RESOURCE FOR RESIDENTS INTERESTED IN LAND PRESERVATION. 0 0 11630 MAINTAIN FLINT HILL CROSSING (75 ACRES), REMOVE STILT GRASS, MULTIFLOOR ROSE INVASIVE TREES, MOW TRAILS. 11630 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 X 6 6 0 0 0 0 0 1 0 1 1 0 0 1 0 0 1 0 0 0 X JOE MCNELIS 6102553542 PO BOX 215 KEMBELSVILLE PA 19347 X APRIL SCHMITT PRESIDENT 4.00 X X 0 0 0 MARY ELLEN TAYLOR VICE PRESIDENT 2.00 X X 0 0 0 JOE MCNELIS TREASURER 3.00 X X 0 0 0 BETSEY KERLIN ASSISTANT TREASURER 2.00 X X 0 0 0 MARY BETH FRENCH SECRETARY 4.00 X X 0 0 0 JOAN FENZA EASEMENT INSPECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 1419 1000 2419 7524 7524 9943 0 0 7524 295 295 1100 1100 27 27 1806 1806 54 54 434 434 PROPERTY MANAGEMENT 11630 11630 LANDTRUST ORGANIZATIONS 985 985 16331 11630 4701 0 16151 18271 390956 470389 407107 488660 0 0 X 0 0 0 0 407107 488660 407107 488660 407107 488660 -6388 87941 0 X 0 0 0 X X 1 LONDON BRITAIN TOWNSHIP 232049724 6 1 1419 0 1 1419 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 X X 5 66.28 1 1 40.00 1 0 VANGUARD MONEY MARKET 9 F VANGUARD FED MONEY MKT 2107 F VANGUARD DIV APPRECIATION 29650 F VANGUARD GROWTH 19896 F VANGUARD HIGH DIVIDEND 22549 F VANGUARD S&P 500 396178 F 470389 PART VIII EACH PROPERTY HAS AN ENDOWMENT INTEREST AND ASSET APPRECIATION CAN BE USED TO MAINTAIN AND ENHANCE EACH PROPERTY. THE BASE ENDOWMENT IS NEVER SPENT. THERE IS A SIGNIFICANT PORTION OF THE ASSET THAT REPRESENTS GIFTS AND GENERAL CONTRIBUTIONS. THERE ARE NO RESTRICTIONS ON HOW UNENCUMBERED MONEY CAN BE SPENT. PART VIII ENDOWMENT INCREASES IN VALUE ARE USED ON PROPERTIES. PRINCIPLE FROM THE ENDOWMENTS ARE MAINTAINED IN PERPETUITY AND ARE NEVER TO BE SPENT. CONTRIBUTIONS, GIFTS AND THE APPRECIATION ARE UNENCUMBERED AND CAN BE SPENT AT THE DISCRETION OF THE LAND TRUST BOARD. FORM 990, PART VI, SECTION A, LINE 7A THE LONDON BRITAIN TOWNSHIP BOARD OF SUPERVISORS APPOINTS THE MAJORITY OF THE LAND TRUST BOARD WHICH MUST INCLUDE 1 MEMBER OF THE BOARD OF SUPERVISORS AND 1 MEMBER OF THE PLANNING COMMISSION. THE MINORITY OF THE LAND TRUST BOARD IS APPOINTED BY THE LAND TRUST BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B AT A MONTHLY MEETING AFTER 990 IS COMPLETED THE TREASURER PRESENTS THE 990 TO THE BOARD OF SUPERVISORS. ALL MEMBERS OF THE BOARD ARE GIVEN A COPY TO REVIEW. ANY COMMENTS OR QUESTIONS ARE ADDRESSED AND RECORDED IN THE MONTHLY MEETING MINUTES. AT THE FOLLOWING MEETING THE 990 IS APPROVED AND SEND TO A THIRD PARTY ACCOUNTANT TO EFILE WITH THE IRS. THIRD PARTY ACCOUNTANT WILL THEN SEND A FILED COPY OF THE RETURN TO THE BOARD OF SUPERVISORS FOR ITS OFFICIAL RECORDS. FORM 990, PART VI, SECTION C, LINE 19 PRINTED COPY OF 990 AND SCHEDULES AVAILABLE BY APPOINTMENT BY CONTACTING TOWNSHIP SECRETARY AT 610-255-3542. SCH D, LINE 7 GENERAL NOTES: LONDON BRITAIN TOWNSHIP PROVIDES NOMINAL REIMBURSEMENTS OF SOME LAND TRUST EXPENSES. LAND TRUST SAW A INCREASE IN INVESTMENT VALUATIONS DURING 2023.