2024-11-14T16:36:36-06:00 2023-12-31 850455053 SWAIN & GRIECO LLC 2050 BOTULPH ROAD SUITE A SANTA FE NM 87505 990 2023-01-01 850418988 SANTA FE CONSERVATION TRUST SANT 5059897019 PO BOX 23985 SANTA FE NM 87502 SARAH NOSS EXECUTIVE DIRECTOR 5059897019 2024-11-14 1 1 MICHAEL D SWAIN CPA P00120406 5059883770 2023 2024-10-15 13:58:12Z SARAH NOSS 400 KIVA COURT SUITE B SANTA FE NM 87505 1504794 0 X SFCT.ORG X 1993 NM SEE PART III LINE 1 16 16 9 300 0 0 1202932 1114753 46885 257276 15340 25738 -58811 -49581 1206346 1348186 0 0 0 0 559418 683150 0 0 90462 289645 373200 849063 1056350 357283 291836 7631627 8219417 316232 271695 7315395 7947722 X THE SANTA FE CONSERVATION TRUST PARTNERS WITH OUR COMMUNITY TO KEEP NORTHERN NEW MEXICO'S LIVING LANDS AND PEOPLE FLOURISHING TOGETHER. WE PROTECT CULTURALLY AND ENVIRONMENTALLY SIGNIFICANT LANDSCAPES, IGNITE PEOPLE'S PASSION FOR NATURE AND ENABLE THE CONTINUAL REGENERATION OF OUR HEALTHY PLACE. 0 0 512922 227020 LAND PROGRAM - SINCE ITS INCEPTION IN 1993, SFCT HAS PROTECTED OVER 45,000 ACRES IN NORTHERN NEW MEXICO, IN RIO ARRIBA, SAN MIGUEL, SANTA FE, AND TAOS COUNTIES, WORKING WITH LANDOWNERS TO CREATE VOLUNTARY LAND PROTECTION AGREEMENTS USING CONSERVATION EASEMENTS, AS WELL AS PURCHASING FEE TITLE LAND WITH HIGH CONSERVATION VALUE. CONSERVATION EASEMENTS ARE LEGAL DOCUMENTS THAT PERMANENTLY PROTECT PRIVATE LAND, ENSURING IT REMAINS PRISTINE AND BEAUTIFUL FOR FUTURE GENERATIONS WHICH BENEFITS THE PUBLIC AT LARGE. SFCT WORKS WITH LANDOWNERS AND THEIR FAMILIES TO PRESERVE THE NATURAL ENVIRONMENT FOR POSTERITY AND FUTURE GENERATIONS. 128614 4932 TRAILS PROGRAM - SFCT HAS BEEN INVOLVED IN THE CREATION OF OVER 80 MILES OF TRAILS, INCLUDING: THE DALE BALL TRAILS, ATALAYA TRAIL, SANTA FE RAIL TRAIL, THE SPUR TRAIL, LA TIERRA TRAILS, LA PIEDRA TRAIL AND, ALONG WITH COMMONWEAL CONSERVANCY, THE GALISTEO BASIN PRESERVE TRAILS. SFCT TRAILS PROGRAM WORKS IN PARTNERSHIP WITH THE CITY OF SANTA FE AND IT'S VOLUNTEER GROUP, ALONG WITH OTHER ENTITIES, TO COORDINATE TRAIL DEVELOPMENT AND CONSTRUCTION, ORGANIZE VOLUNTEER TRAIL WORK, IDENTIFY AND PRIORITIZE TRAIL LINKAGES, PROMOTE THE TRAILS, AND PROVIDE THE PUBLIC WITH TRAIL INFORMATION AND ACCESS THROUGH EDUCATIONAL PROGRAMS AND EVENTS. SFCT IS ALSO LEADING A PARTNERSHIP SUPPORT FOR THE GRAND UNIFIED SANTA FE TRAIL ORGANIZATION (GUSTO). SFCT IS IN CHARGE OF CONVENING PARTNERS, RESEARCHING AND MAPPING EXISTING TRAILS, IDENTIFYING GAPS AND OPPORTUNITIES FOR NEW TRAILS, AND PRIORITIZING AND IMPLEMENTING THE TRAIL CONNECTIONS THAT ARE IDENTIFIED IN THE PLANNING PROCESS. THE VISION OF THE GUSTO INITIATIVE IS AN INTERCONNECTED SYSTEM OF NATURAL-SURFACE TRAILS THAT ALLOWS NON-MOTORIZED USERS TO TRAVEL IN A LOOP AROUND THE GREATER SANTA FE AREA, AS WELL AS BETWEEN THE CITY CENTER AND THE PERIPHERY. THE GUSTO INITIATIVE HAS BROUGHT TOGETHER MANY COMMUNITY PARTNERS WHO AIM TO HAVE A UNIFIED, SUSTAINABLE TRAIL SYSTEM AROUND THE ENTIRE METROPOLITAN AREA. 233890 25324 COMMUNITY CONSERVATION - BECAUSE CONSERVATION EASEMENTS ARE PERMANENT AND RUN WITH THE LAND, SFCT MUST MONITOR AND ENFORCE ITS CONSERVATION EASEMENTS FOREVER. THIS DUTY OF PERPETUAL CARE PRESENTS UNIQUE CHALLENGES TO LAND TRUSTS EVERYWHERE. SFCT MUST HAVE BROAD COMMUNITY SUPPORT TO ENSURE ITS LONGEVITY AND VIABILITY. SFCT IS WORKING TO STRENGTHEN THE ORGANIZATION THROUGH THE IMPLEMENTATION OF "COMMUNITY CONSERVATION PROGRAMS" THAT HELP SFCT BROADEN AND DIVERSIFY ITS CONSTITUENCY. SFCT PROGRAMS ARE DESIGNED TO GIVE EVERYONE OUTDOOR EXPERIENCES THAT WILL HELP THEM BECOME PASSIONATE DEFENDERS OF NATURE AND OF CONSERVATION. SFCT'S LEGACY OF TRAILS WORK IS THE NATURAL WAY TO IMPLEMENT COMMUNITY CONSERVATION PROGRAMS. AS SUCH, SFCT OFFERS PROGRAMS TO ENSURE EQUITABLE ACCESS TO NATURE AND SANTA FE'S TRAIL RESOURCES. SINCE 2014, SFCT HAS INTRODUCED OVER 4,600 SOUTH SIDE KIDS AND THEIR FAMILIES TO SANTA FE'S TRAIL SYSTEM (PASSPORT TO TRAILS). IN 2018, SFCT STARTED AN IN-TOWN WALKING PROGRAM (VAMONOS: SANTA FE WALKS) FOR THOSE WHOSE ACCESS TO NATURE IS MORE CHALLENGING: THE ELDERLY, INFIRM, TRANSPORTATION LIMITED, IMMIGRANT COMMUNITY, OR TO THOSE AFRAID TO WALK ALONE. THROUGH 2023, SFCT HAD 2,250 PEOPLE WALK ON THESE TRAILS, RANGING IN AGE FROM 98 TO 2 YEARS OLD. BY WORKING TO IGNITE A PASSION FOR NATURE IN EVERYONE AND GIVE THEM ACCESS TO THE FOOTHILL TRAILS AND URBAN TRAILS, SFCT WORKS TO IMPROVE PUBLIC HEALTH, BUILD COMMUNITY ON THE TRAILS AND CREATE THE NEXT GENERATION OF CONSERVATIONISTS WHILE PROMOTING ACCESS TO THE LIFE-ENHANCING QUALITIES OF THE OUTDOORS. 875426 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 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 1 20 9 1 9 0 0 0 0 0 0 1 1 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NM X X X MCALLISTER YEOMANS 5059897019 400 KIVA COURT SUITE B SANTA FE NM 87505 QUINN SIMONS PRESIDENT 4.00 X X 0 0 0 DENNIS ROMERO VICE PRESIDENT 4.00 X X 0 0 0 MARIANNE DWIGHT TREASURER 4.00 X X 0 0 0 BRENT GOODMAN SECRETARY 4.00 X X 0 0 0 MICHAEL AVERY AT LARGE 2.00 X X 0 0 0 GINNY OLCOTT AT LARGE 2.00 X X 0 0 0 NANCY COOK DIRECTOR 2.00 X 0 0 0 SAM FIN DIRECTOR 2.00 X 0 0 0 MARK FISHER DIRECTOR 2.00 X 0 0 0 SANDRA MASSENGILL DIRECTOR 2.00 X 0 0 0 PETER MARTIN DIRECTOR 2.00 X 0 0 0 JULIE MARTINEZ DIRECTOR 2.00 X 0 0 0 CARLA MATTIX DIRECTOR 2.00 X 0 0 0 CARMELO NINO DIRECTOR 2.00 X 0 0 0 LUKE PIERPONT DIRECTOR 2.00 X 0 0 0 ALBERT REED DIRECTOR 2.00 X 0 0 0 SARAH A NOSS EXECUTIVE DIRECTOR 40.00 X X 109590 0 17265 109590 0 17265 1 0 0 0 0 195306 224017 695430 1200 1114753 LAND CONSERVATION PROJ 813312 227020 227020 COMMUNITY CONSERVATION 611710 25324 25324 TRAIL MAINTENANCE 237990 4932 4932 257276 99610 99610 73872 -73872 -73872 -73872 33155 195306 82736 -49581 -49581 1348186 183404 0 50029 126855 98947 13954 13954 455910 355610 50150 50150 57454 44814 6320 6320 42931 33487 4722 4722 1689 1317 186 186 13362 10422 1470 1470 3881 3027 427 427 17165 13389 1888 1888 5388 4202 593 593 34717 27077 3820 3820 7533 5875 829 829 34475 26891 3792 3792 8105 8105 13773 13773 1475 1475 9651 7527 1062 1062 TRAILS, EASEMENTS, & OU 210633 210633 LICENSES AND FEES 11353 8855 1249 1249 1056350 875426 90462 90462 797843 703727 216605 196565 3029 12913 3677459 25796 3653139 3651663 2564177 3274597 145138 157057 251696 222895 7631627 8219417 67036 51300 249196 220395 316232 271695 X 5136805 5413068 2178590 2534654 7315395 7947722 7631627 8219417 291836 340491 0 X X 0 1 X 1 0 X 695389 775734 2242184 1202933 1114753 6030993 695389 775734 2242184 1202933 1114753 6030993 1497518 4533475 23102 24263 35337 68410 99605 250717 6281710 0.72170 0.71970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 109 45690.50 3 1 1 2500.00 512922 1 0 0 1374877 176803 37237 1514443 1438255 -45197 18181 1374877 192701 1250000 19412 23858 1438255 192213 22191 21703 192701 185013 28274 21074 192213 1 0 3633836 3633836 21493 21493 0 22130 4303 17827 3651663 LEASE LIABILITY 220395 220395 X 1688673 340488 340488 1348185 0 1348185 1056350 0 1056350 0 1056350 PART II, LINE 9: BECAUSE OF THE UNIQUE NATURE OF THESE ASSETS, THE IMPRACTICABILITY OF OBTAINING CONSISTENT AND RELIABLE ESTIMATES OF THE VALUES ASCRIBED TO THESE INTERESTS, AND CONSISTENT WITH THE PRACTICES FOLLOWED BY ENVIRONMENTAL LAND TRUSTS, THEY ARE NOT RECORDED AS ASSETS IN THE FINANCIAL STATEMENTS. PART V, LINE 4: THE SFCT STEWARDSHIP FUND WAS ESTABLISHED IN 2003. ITS PURPOSE IS TO PROVIDE ASSURANCE TO EASEMENT DONORS THAT THEIR CONSERVATION EASEMENT STEWARDSHIP DONATIONS ARE PROTECTED IN PERPETUITY. THE FUND PAYS A MODEST INCOME RETURN TO SFCT TO HELP DEFRAY THE COST OF MONITORING EASEMENTS. THE INCOME DISTRIBUTIONS ARE DEPOSITED INTO AND COMINGLED WITH SFCT'S OPERATING CASH ACCOUNT. THE PURPOSE OF THIS FUND IS TO BE USED FOR COSTS ASSOCIATED WITH MONITORING AND CONSERVATION EASEMENT DEFENSE ONLY. THE SFCT EASEMENT FUND WAS ESTABLISHED IN 2006. ITS PURPOSE IS TO ASSIST IN THE PURCHASING OF NEW CONSERVATION EASEMENTS AS WELL AS TO PAY FOR THE COSTS OF DEFENDING NEW OR EXISTING CONSERVATION EASEMENTS. PART X, LINE 2: SFCT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, SFCT HAS BEEN CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. SFCT'S OPEN AUDIT PERIODS ARE 2018 THROUGH 2020. SFCT EVALUATES UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH ASC 740 WHEREBY THE EFFECT OF THE UNCERTAINTIES IN TAX POSITIONS WOULD BE RECORDED IF THE OUTCOME WAS CONSIDERED PROBABLE AND REASONABLY ESTIMABLE. SFCT 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. PART V, LINE 1 ON DECEMBER 17, 2021, SFCT WAS GRANTED $1,000,000 OF CORPUS ENDOWMENT FUNDING BY THE EUGENE V. AND CLARE E. THAW CHARITABLE TRUST TO REMAIN IN PERPETUITY. FUNDING DISTRIBUTION TERMS IN THE AWARD GIVE SFCT UP TO 5% OF THE 3-YEAR ROLLING AVERAGE MARKET VALUE ANNUALLY ON SEPTEMBER 30TH. THE FIRST DISTRIBUTION SHOULD NOT BE TAKEN PRIOR TO 2023. THESE DISTRIBUTIONS CAN BE USED AT THE DISCRETION OF THE BOARD AND WILL NOT BE RESTRICTED. AS OF DECEMBER 31, 2022, THE ENDOWMENT CORPUS IS INVESTED IN BOND AND EQUITY MUTUAL FUNDS AND EXCHANGE TRADED FUNDS. ON DECEMBER 17, 2021, SFCT WAS GRANTED $250,000 OF CORPUS ENDOWMENT FUNDING BY THE EUGENE V. AND CLARE E. THAW CHARITABLE TRUST TO REMAIN IN PERPETUITY. FUNDING DISTRIBUTION TERMS IN THE AWARD GIVE SFCT UP TO 5% OF THE 3-YEAR ROLLING AVERAGE MARKET VALUE ANNUALLY ON SEPTEMBER 30TH. THE FIRST DISTRIBUTION SHOULD NOT BE TAKEN PRIOR TO 2023. THESE DISTRIBUTIONS ARE DIRECTED TO BE USED FOR MANAGEMENT AND MAINTENANCE OF THE CONSERVATION HOMESTEAD AND ARE CONSIDERED PURPOSE RESTRICTED. AS OF DECEMBER 31, 2022, THE ENDOWMENT CORPUS IS INVESTED IN BOND AND EQUITY MUTUAL FUNDS AND EXCHANGE TRADED FUNDS. PART II, LINE 3 THE SANTA FE CONSERVATION TRUST AMENDED THREE CONSERVATION EASEMENTS IN 2023. THEY WERE: MOONFROG CONSERVATION EASEMENT, ORIGINALLY GRANTED IN 2021 BLUM CONSERVATION EASEMENT, ORIGINALLY GRANTED IN 2022 LOS TRIGOS CONSERVATION EASEMENT, ORIGINALLY GRANTED IN 2004, AMENDED IN 2022 TO ADD ACREAGE. EACH OF THESE CONSERVATION EASEMENTS WAS AMENDED IN 2023 FOR THE SAME REASON: TO BRING THE CONSERVATION EASEMENT LANGUAGE REGARDING EXTINGUISHMENT AND BOUNDARY LINE ADJUSTMENTS IN LINE WITH RECENTLY-PUBLISHED IRS GUIDANCE ON THOSE TOPICS. COMMUNITY CONSERVATION CELEBRATION 166630 142573 24057 68160 BANFF FILM FESTIVAL 61831 52733 9098 14576 228461 195306 33155 82736 82736 -49581 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PROVIDED TO SFCT'S FINANCE COMMITTEE WHICH REVIEWS AND APPROVES THE FORM BEFORE FILING. ALL OTHER BOARD MEMBERS ALSO RECEIVE A COPY OF FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD OF DIRECTORS MEMBER IS REQUIRED TO FILL OUT A CONFLICT OF INTEREST POLICY ANNUALLY. SFCT STAFF MONITORS ALL BUSINESS TRANSACTIONS OF SFCT TO ENSURE COMPLIANCE WITH THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR IS THE ONLY PAID OFFICER OF SFCT. HER REMUNERATION PACKAGE IS DETERMINED BY THE EXECUTIVE COMMITTEE AND VOTED ON BY THE BOARD OF DIRECTORS ANNUALLY WITH APPROVAL OF THE ANNUAL BUDGET. THE PROCESS IS DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 SFCT MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.