2024-01-11T12:44:07-05:00 2023-06-30 201702555 TOMKIEWICZ WRIGHT LLC 6111 PEACHTREE DUNWOODY RD BLG E ST ATLANTA GA 303284522 990 2022-07-01 820550844 SOUTHEAST REGIONAL LAND CONSERVANCY INC SOUT 8289892892 PO BOX 18556 ASHEVILLE NC 28814 GARRY WHISNANT BOARD CHAIR 7709892892 2024-01-05 true GARRY WHISNANT 999009999 true JAMES WRIGHT P00556825 7703510411 2024-01-11 2022 2023-04-26 12:10:37Z GARRY WHISNANT 15 CHESTER PLACE ASHEVILLE NC 28806 138702 false X WWW.SERLC.ORG X 2002 NC ENVIRONMENTAL PRESERVATION 3 3 1 0 492508 14000 103974 21546 97931 103156 0 694413 138702 0 0 108017 0 0 391468 279628 391468 387645 302945 -248943 12177803 5821898 2048 12177803 5819850 ENVIRONMENTAL PRESERVATION false false 10011 THE ORGANIZATION ACCOMPLISHED ITS MISSION BY ASSISTING IN FORMING AND BEING GRANTED ONE CONSERVATION EASEMENT PRESERVING 68 ACRES OF WOODLANDS, WATERSHED,SIGNIFICANT HABITAT AND SPECIES, AND SCENIC VIEWS FROM FUTURE DEVELOPMENT. 99856 THE ORGANIZATION CONDUCTED ON-SITE MONITORING OF ALL CONSERVATION EASEMENTS USING ITS STAFF ENVIRONMENTAL PROFESSIONAL TO OBSERVE AND DOCUMENT THE CONDITION OF PROPERTY AND COMPLIANCE WITH EASEMENT RESTRICTIONS. IN ADDITION, THE ORGANIZATION PROVIDED CONSULTATION TO ASSIST LANDOWNERS WITH MAINTAINING AND IMPROVING HABITAT PRESERVATION. THE ORGANIZATION CONDUCTED OTHER GENERAL OPERATIONS IN SUPPORT OF ITS 140 CONSERVATION EASEMENTS AND TWO FEE-OWNED TRACTS HELD, COMPRISING OF 35,000 ACRES OF PRESERVED LAND ACROSS FIVE SOUTHEASTERN STATES. 2509 THE ORGANIZATION CONDUCTED EDUCATION ACTIVITIES IN-PERSON AND BY MEDIA TO INFORM THE PUBLIC ABOUT CONSERVATION EFFORTS AND THREATS IN THEIR COMMUNITY AND THE ORGANIZATION'S ROLE IN HELPING TO PRESERVE LAND AND HABITAT. 112376 true true false false false false true false false false true false true true false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false true 6 0 1 true false false false false false false false false false false false false X 3 3 false false true false false false false true true false false true true true true true false true false false GA X AMY KEMP 8289892892 25 NORTH LIBERTY ST ASHEVILLE NC 28801 KARIN HEIMAN DEPUTY EXEC 40.00 X 108983 0 0 HANNAH RANDALL INTERIM EXEC 9.00 X 68384 0 0 AMY KEMP TREASURER/DI 2.00 X X 10860 0 0 CARL NYBERG DIRECTOR/SEC 2.00 X X 0 0 0 GARRY WHISNANT BOARD CHAIR 2.00 X X 0 0 0 188227 1 false false false 14000 14000 FORMATION SERVICE REVENUE 16500 16500 OTHER PROGRAM SRVC REVENUE 5046 5046 21546 103156 103156 138702 21546 103156 97552 51451 46101 2923 2923 7542 7542 68063 68063 113744 113744 16343 16343 29591 29591 358 358 1083 1083 667 667 3394 3394 1897 1897 EASEMENT MONITORING 10619 10619 MANAGEMENT SERVICES 9843 9843 EASEMENT FORMATION 8928 8928 ORGANIZATION TRANSITION 6384 6384 8714 6496 2218 387645 112376 275269 0 7833 17719 567429 240267 87 23572 21875 5092 1697 3263420 3322128 8334029 2240000 12177803 5821898 2048 0 2048 X 12177803 5819850 12177803 5819850 12177803 5821898 X -248943 -14980 -6094030 X false false X 480657 346800 377750 492508 14000 1711715 297500 280043 164938 103974 21546 868001 778157 626843 542688 596482 35546 2579716 199754 199957 122090 65224 9000 596025 199754 199957 122090 65224 9000 596025 1983691 60442 59502 55825 97931 103156 376856 60442 59502 55825 97931 103156 376856 838599 686345 598513 694413 138702 2956572 0.67090 0.66870 0.13000 0.09000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 140 34608.00 5 true 139.00 10619 23572 21875 1697 1697 STEWARDSHIP FUND-SCHWAB MUTUAL FNDS 3322128 F 3322128 LAND HELD 2240000 2240000 SCHEDULE D, PAGE 1, PART II, LINE 5 ORGANIZATION HAS A WRITTEN POLICY ON MONITORING AND ENFORCEMENT. SCHEDULE D, PAGE 1, PART II, LINE 9 CONSERVATION EASEMENTS HELD BY THE ORGANIZATION REPRESENT INTANGIBLE PROPERTY RIGHTS GRANTED BY A LANDOWNER. UNDER THE TERMS OF THE EASEMENT AGREEMENT, THE OCCURRENCE OF CONDITIONS UPON WHICH THESE INTANGIBLE RIGHTS MAY DIRECTLY OR INDIRECTLY BENEFIT THE FUTURE CASH FLOWS OF THE ORGANIZATION ARE DETERMINED TO BE BOTH REMOTE AND UNMEASURABLE. THUS, IN ACCORDANCE WITH ACCEPTED ACCOUNTING PRINCIPLES, CONSERVATION EASEMENT TRANSACTIONS REPRESENT NEITHER DONATED INTANGIBLE ASSETS NOR NON-CASH CONTRIBUTION REVENUE TO THE ORGANIZATION AND ARE NOT RECORDED. WHILE THE GRANTING OF A CONSERVATION EASEMENT MAY RESULT IN INCOME TAX BENEFITS TO THE GRANTOR AS A CHARITABLE CONTRIBUTION, SUCH TAX BENEFITS, IF ANY, ARE IRRELEVANT TO THE DETERMINATION OF THE APPROPRIATE ACCOUNTING TREATMENT TO BE USED BY THE ORGANIZATION IN THE PREPARATION OF ITS FINANCIAL STATEMENTS. X 1 1 false false false SCHEDULE M, PAGE 2, PART II PART I LINE 33 - CONTRIBUTION REPRESENTS CONSERVATION EASEMENT DONATION WHICH DOES NOT MEET REVENUE RECOGNITION RULES UNDER ACCEPTED ACCOUNTING PRINCIPLES AND THEREFORE IS NOT RECORDED AS A NON-CASH CONTRIBUTION. SEE SCHEDULE D DISCLOSURE. FORM 990 FORM 990 PART IX, LINE 5 SOME EMPLOYEE COMPENSATION COSTS ARE RECORDED TO VARIOUS FUNCTIONAL EXPENSE ACCOUNTS BASED ON HOURLY TIMESHEETS. FORM 990, PAGE 6, PART VI, LINE 4 THE ORGANIZATION AMENDED BYLAWS PRIMARILY TO UPDATE BOARD, OFFICER, AND EXECUTIVE DIRECTOR ROLES AND RESPONSIBILITIES. FORM 990, PAGE 6, PART VI, LINE 11B DRAFT RETURN IS PROVIDED TO BOARD MEMBERS BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 12C NEW DIRECTORS ARE REQUIRED TO READ AND SIGN CONFLICT OF INTEREST POLICY. DIRECTORS ARE REMINDED OF CONFLICTS OF INTEREST POLICY ANNUALLY. DIRECTORS ARE REPLACED IF SUCH CONFLICTS EXIST. FORM 990, PAGE 6, PART VI, LINE 15A EXECUTIVE DIRECTOR WAS COMPENSATED AS AN INDEPENDENT CONTRACTOR ON AN HOURLY BASIS AS APPROVED BY THE BOARD. BOARD BELIEVES HOURLY RATE IS COMMENSERATE WITH DUTIES AND SKILLS REQUIRED, AND CONSIDERING THE POSITION IS PERFORMED ON AN INTERIM PART-TIME BASIS. APPROVAL OF INVOICES FOR COMPENSATION WAS MADE BY THE BOARD CHAIR. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990 READILY AVAILABLE ON GUIDESTAR WEBSITE. FORM 990, PART XI, LINE 9 THE ORGANIZATION'S POLICY TO RECORD DONATED PROPERTY INTERESTS IS TO USE A FAIR VALUE MEASUREMENT ESTIMATION APPROACH BELIEVED TO REPRESENT APPROXIMATE VALUE BASED UPON AVAILABLE DATA. DURING THE YEAR THE ORGANIZATION OBTAINED NEW INFORMATION AFFECTING THE EXISTING ESTIMATED CARRYING VALUE OF ITS TWO FEE-OWNED TRACTS RECEIVED BY DONATION IN 2014. AS REQUIRED BY ACCOUNTING STANDARDS, BASED ON THIS NEW INFORMATION THE ORGANIZATION REDUCED THE RECORDED CARRYING VALUE ESTIMATE BY APPROXIMATELY 6 MILLION. ACCOUNTING STANDARDS REQUIRE A CHANGE IN ESTIMATE TO BE ACCOUNTED FOR IN THE PERIOD OF THE CHANGE AND NOT AS A RESTATEMENT OF PRIOR PERIOD AMOUNTS. SINCE THE CHANGE IN ESTIMATE REDUCTION DOES NOT REPRESENT A FUNCTIONAL EXPENSE NOR A PRIOR PERIOD ADJUSTMENT, IT IS REPORTED AS AN OTHER CHANGE IN NET ASSETS IN PART XI.