2024-11-14T06:11:30-06:00 2023-12-31 580673524 MSTILLER LLC 777 GLOUCESTER STREET SUITE 201 BRUNSWICK GA 31520 990 2023-01-01 582598986 ST SIMONS LAND TRUST INC STSI 9126389109 PO BOX 24615 ST SIMONS ISLAND GA 31522 GREER BROWN CHAIRMAN 9126389109 2024-11-13 1 1 ANGELA L HEYS P00358915 9122651750 2024-11-13 2023 2024-10-15 13:58:12Z JIM BARGER PO BOX 24615 ST SIMONS ISLAND GA 31522 8168985 0 X WWW.SSLT.ORG X 2001 GA TO PRESERVE THE NATURAL AND SCENIC CHARACTER OF ST SIMONS ISLAND 16 16 9 200 0 0 3074775 7703262 0 0 80968 290761 -3449 65527 3152294 8059550 0 0 0 0 536312 670586 0 0 310696 602227 489816 1138539 1160402 2013755 6899148 64529004 69725424 1988836 204839 62540168 69520585 X THE ST. SIMONS LAND TRUST WAS FOUNDED IN 2000 TO CONSERVE UNDEVELOPED LAND AND ICONIC PROPERTIES THAT HAVE ENVIRONMENTAL, RECREATIONAL, SCENIC, HISTORIC, OR EDUCATIONAL VALUE AND THAT ENSURE QUALITY OF LIFE FOR PRESENT AND FUTURE GENERATIONS. (CONTINUED ON SCHEDULE O) IT FULFILLS THIS MISSION THROUGH: 1) LAND PROTECTION, 2) LAND MANAGEMENT, AND 3) EDUCATION AND OUTREACH. 0 0 572128 IN SEPTEMBER 2012, THE LAND TRUST ACQUIRED A 608-ACRE TRACT OF LAND ON THE NORTH-END OF ST. SIMONS ISLAND FEATURING MATURE MARITIME FOREST, SIX MILES OF MARSH SHORE LINE INCLUDING DEEP WATER FRONTAGE, AND UNIQUE AND ENVIRONMENTALLY IMPORTANT HABITAT FOR NATIVE PLANTS, WILDLIFE, AND MIGRATORY BIRDS. CANNON'S POINT PRESERVE IS NOW A MODEL OF COASTAL ECOLOGY, SCIENTIFIC RESEARCH, AND A PLATFORM FOR PUBLIC EDUCATION.IN 2016, THE LAND TRUST BEGAN WORKING ON INFRASTRUCTURE IMPROVEMENTS TO CANNON'S POINT, INCLUDING ADDED FEATURES FOR VISITORS SUCH AS RESTROOMS, AN EDUCATION PAVILION, AND A COASTAL ECOLOGY LAB. THE VISION OF THE LAND TRUST IS TO PROTECT AND CONSERVE LAND ON ST. SIMONS ISLAND THAT IS MOST VULNERABLE TO HIGH-DENSITY (CONTINUED ON SCHEDULE O) DEVELOPMENT AND TO PRESERVE THAT LAND IN PERPETUITY.IN AUGUST 2015, THE TRUST REACHED AN AGREEMENT TO PURCHASE THREE PARCELS OF LAND CONSISTING OF APPROXIMATELY 260 ACRES THAT WAS PART OF THE FORMER MUSGROVE PLANTATION (NOW KNOWN AS GUALE PRESERVE). THE PLAN INCLUDED PURCHASING THE PARCELS IN THREE PHASES OVER THREE YEARS WITH FUNDING COMING FROM A COMBINATION OF INDIVIDUAL DONORS, PRIVATE AND PUBLIC FOUNDATIONS, AND GOVERNMENT GRANTS. ON MAY 17, 2016, THE TRUST COMPLETED THE PURCHASE OF GUALE PRESERVE PHASE I, CONSISTING OF 58.4 ACRES. ON FEBRUARY 14, 2017, THE TRUST COMPLETED THE PURCHASE OF PHASE II CONSISTING OF 90.225 ACRES. PHASE III CLOSED IN 2018 CONSISTING OF 109.2 ACRES. GUALE PRESERVE IS NOW AN IMPORTANT PROTECTED PROPERTY THAT IS OPEN TO THE PUBLIC FOR VARIOUS ACTIVITIES AND LOW-IMPACT RECREATIONAL USE INCLUDING HIKING, RUNNING, BIKING, BIRDING. THE PRESERVE INCLUDES A MILE-AND-A-HALF LOOP KNOWN AS POLLY'S TRAIL ON PHASE II AND A QUARTER-MILE HIKING PATH KNOWN AS JANET'S TRAIL ON PHASE I. PHASE I ALSO INCLUDES A FAMILY PICNIC AND EDUCATIONAL BUILDING AND A BOAT RAMP THAT IS AVAILABLE FOR KAYAKERS, CANOEISTS, AND FISHERS USING MOTORIZED BOATS NO LONGER THAN 20 FEET IN LENGTH. RESERVATIONS ARE REQUIRED FOR LAUNCHING OF MOTORIZED BOATS. A THIRD HIKING TRAIL IS PLANNED FOR PHASE III.IN 2018, THE TRUST BEGAN AN INITIATIVE CALLED THE CANOPY CAMPAIGN, WHICH WAS ENVISIONED TO INCLUDE TWO TO FOUR PHASES. IT IS AN OVERARCHING STRATEGY TO PRESERVE ST. SIMONS FROM NORTH TO SOUTH THROUGH THE ACQUISITION AND CONSERVATION OF PROPERTIES WITH GREATEST ENVIRONMENTAL AND CULTURAL VALUES AND THAT ARE MOST VULNERABLE TO DEVELOPMENT.IN 2020, THE TRUST PURCHASED 3.059 ACRES OF GREEN SPACE ON KINGS WAY ON ST SIMONS ISLAND. THE TRUST ALSO SOLD A 20.85 ACRE PARCEL AT FREDERICA NORTH MARSH ON ST SIMONS ISLAND TO THE NATIONAL PARKS SERVICE.IN 2021, THE TRUST PURCHASED A 38.5 ACRE TRACT KNOW AS THE SINCLAIR TRACT. IN ADDITION, THE TRUST PURCHASED A THIRD OATLAND PROPERTY WITH 40.7 ACRES.IN 2023, THE TRUST OPENED A DOG FREINDLY NATURE TRAIL ON THE OATLAND PROPERTY PURCHASED IN 2021. THE TRUST PURCHASED A 10 ACRE TRACT KNOW AS THE GATEWAY PROPERTY WHICH HAD AN EXISTING PUBLIC WALKING TRIAL. THE ANCIENT DUNE TRAIL, THE THIRD HIKING TRAIL, ON THE GUALE PRESERVE PHASE III WAS COMPLETED. 572128 1 1 0 0 0 0 1 0 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 17 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 GA X EMILY ELLISON 9126389109 1810 FREDERICA RD ST SIMONS ISLAND GA 31522 JIM BARGER JR CHAIRMAN 0.50 X 0 0 0 SUSAN SHIPMAN DIRECTOR 0.50 X X 0 0 0 MARY JENRETTE TREASURER 0.50 X X 0 0 0 VIJAY SINGH DIRECTOR 0.50 X 0 0 0 DIALO CARTWRIGHT DIRECTOR 0.50 X 0 0 0 SCOTT COLEMAN DIRECTOR 0.50 X 0 0 0 BETH HOLDER DIRECTOR 0.50 X 0 0 0 JONATHAN WELLER DIRECTOR 0.50 X 0 0 0 BOB SATTELMEYER DIRECTOR 0.50 X 0 0 0 SHELLEY RENNER DIRECTOR 0.50 X 0 0 0 NANCY DORN DIRECTOR 0.50 X 0 0 0 DAVID WRIGHT SECRETARY 0.50 X X 0 0 0 BRAD PIAZZA DIRECTOR 0.50 X 0 0 0 DR VALERIE HEPBURN DIRECTOR 0.50 X 0 0 0 EMILY ELLISON EXECUTIVE DIRECTOR 40.00 X 152095 0 0 SUSAN TUTTLE FINANCE AND OPERATIONS DIRECTOR 40.00 X 103167 0 0 LORI LEWIS DEVELOPMENT DIRECTOR 40.00 X 100500 0 0 355762 0 0 3 0 1 0 0 7703262 300612 7703262 290666 290666 61871 61776 95 95 95 101470 45370 56100 56100 4671 2289 2382 2382 CREDIT CARD PROCESSING 900099 7045 7045 7045 8059550 9427 0 346861 586466 246316 117293 222857 10543 5166 2530 2847 28663 17484 5446 5733 44914 18864 8983 17067 3792 3451 341 41210 4121 37089 7937 159 7778 66046 3963 36986 25097 13536 7716 5820 986 276 523 187 19983 19983 51326 29769 21557 44615 26323 18292 STEWARDSHIP 112222 112222 PROJECT EXPENSES 58554 57383 1171 OTHER EXPENSE 51802 18932 22718 10152 EVENTS 17807 17807 1160402 572128 277578 310696 5093087 8865046 539219 1655303 35000 20280 5907 11569 1629342 306616 1328498 1322726 1319801 239063 56207492 57611437 64529004 69725424 59410 60709 100690 144130 1828736 0 1988836 204839 X 52605661 61711097 9934507 7809488 62540168 69520585 64529004 69725424 6899148 81269 0 X X 0 0 0 X 1744309 2353289 4843241 3074775 7703262 19718876 1744309 2353289 4843241 3074775 7703262 19718876 19718876 60179 17989 6363 99636 290666 474833 20193709 0.97650 0.99100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 5 138.00 1 1 1 1 36.00 0 10287445 986 93493 2202555 8179369 12095602 1579151 35117 3422425 10287445 9935058 3594422 -124 1433754 12095602 11190559 38773 1301 1295575 9935058 11927870 421669 6621 1165601 11190559 0.04522 0.82123 0.13355 0 0 949591 172409 777182 590092 68698 521394 89659 65509 24150 1322726 CANNONS POINT PRESERVE LLC 24116074 CD PERSERVE LLC 67061 CONSERVATION EASEMENTS 5 GUALE STEWARDSHIP FUND 1567721 PROTECTED LAND 31860576 57611437 8188478 81269 47659 128928 8059550 0 8059550 1208061 47659 47659 1160402 0 1160402 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES - MERCHANDISE 2,289. SPECIAL EVENTS EXPENSE 45,370. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES - MERCHANDISE 2,289. SPECIAL EVENTS EXPENSE 45,370. PART II, LINE 9 - ORGANIZATION REPORTING OF CONSERVATION EASEMENTS ARE REPORTED AS A $1 CONTRIBUTION AT TIME OF DONATION AND CARRIED AT $1 EACH ON THE BALANCE SHEET. FOOTNOTE READS AS FOLLOWS: WHEN THE TRUST RECEIVES A CONSERVATION EASEMENT, IT HAS NOT ACQUIRED AN ASSET AS DEFINED BY GAAP. HOWEVER, THE TRUST, BY HOLDING A CONSERVATION EASEMENT, HAS COMMITTED ITSELF TO PERPETUAL STEWARDSHIP OF THE EASEMENT AND THE FINANCIAL OBLIGATIONS THAT MIGHT ARISE FROM THIS RESPONSIBILITY. IN LIGHT OF THIS SITUATION, THE TRUST HAS ADOPTED A POLICY OF ASSIGNING A VALUE OF $1 TO EACH CONSERVATION EASEMENT FOR FINANCIAL STATEMENT PURPOSES. X X X X X X X 0 ANNUAL OYSTER ROAST 101470 101470 45370 101470 101470 45370 45370 56100 0 0 0 0 0 0 0 0 0 EMILY ELLISON EXECUTIVE DIRECTOR 152095 0 0 0 0 0 0 0 0 0 152095 0 0 0 X 11 61871 AVG HI/LO MKT X 1 300000 APPRAISAL 0 1 1 PART I, LINE 32B: THE ORGANIZATION UTILIZES AN UNRELATED BROKERAGE SERVICE TO RECEIVE AND SELL INVESTMENT SECURITIES DONATED TO THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE LAND TRUST'S EXECUTIVE DIRECTOR, FINANCE DIRECTOR, AND MEMBERS OF THE BOARD OF DIRECTORS' FINANCE AND AUDIT COMMITTEE PRIOR TO SIGNING AND FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY WITH ALL CURRENT AND NEW BOARD MEMBERS AND EMPLOYEES, WHO SIGN CONFLICTS OF INTEREST STATEMENTS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS EVALUATES THE COMPENSATION PACKAGE OF ITS EXECUTIVE DIRECTOR UPON HIRING. THE BOARD UTILIZES WAGE AND COMPENSATION DATA OBTAINED FROM THE LAND TRUST ALLIANCE FOR COMPARABILITY. DECISIONS REGARDING COMPENSATION ARE DOCUMENTED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS CAN BE OBTAINED UPON REQUEST. CHANGE OF OVERSIGHT OR SELECTION PROCESS THERE HAVE BEEN NO CHANGES IN THE ORGANIZATION'S PROCESS FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. THE ORGANIZATION SELECTED A DIFFERENT INDEPENDENT AUDITOR FOR THE 2022 FICSAL YEAR FINANCIAL STATEMENTS. CANNON'S POINT PRESERVE LLC OWNERSHIP & MAINTENANCE OF CANNON'S POINT PROPERTY GA 24116074 ST SIMONS LAND TRUST INC CD PRESERVE LLC OWNERSHIP OF CD PRESERVE PROPERTY GA 67061 ST SIMONS LAND TRUST INC