2024-04-24T13:59:38-05:00 2023-09-30 620788068 PURYEAR & NOONAN CPAS 40 BURTON HILLS BLVD STE 170 NASHVILLE TN 37215 990 2022-10-01 621557574 TENNGREEN LAND CONSERVANCY TENN 6153294441 1213A 16TH AVE S NASHVILLE TN 37212 ALICE HUDSON EXECUTIVE DIRECTOR 6153294441 2024-04-15 1 ALICE HUDSON 999009999 1 MARILYN PLACE EA P01360716 6152960500 2024-04-15 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z ALICE HUDSON 1213A 16TH AVE S NASHVILLE TN 37212 3281401 0 X WWW.TENNGREEN.ORG X 1997 TN CONSERVING LAND WHERE PEOPLE AND NATURE CAN THRIVE. TENNGREEN LAND CONSERVANCY WORKS TO CREATE PARKS, ESTABLISH WILDLIFE CORRIDORS, EXPAND EXISTING PROTECTED PUBLIC LANDS, & ENHANCE PUBLIC RECREATION OPPORTUNITIES. 21 20 16 15 0 0 1235602 1756895 0 57651 -247357 108074 -17729 -16218 970516 1906402 174907 35000 0 0 876404 878604 0 0 97117 381417 407856 1432728 1321460 -462212 584942 20599851 21456711 769388 836014 19830463 20620697 THE ORGANIZATION'S PRIMARY MISSION IS CONSERVING LAND WHERE PEOPLE AND NATURE CAN THRIVE BY CREATING GREEN CORRIDORS LINKING EXISTING PUBLIC LANDS USING CONSERVATION EASMENTS AND OUTRIGHT PURCHASE. 0 0 1059612 35000 63010 THE ORGANIZATION WORKS TO PRESERVE TENNESSEE SCENIC BEAUTY BY CREATING AN INTERCONNECTED SYSTEM OF PARKS, GREENWAYS, AND WILDLIFE AREAS. 1059612 1 1 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 4 0 1 16 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 TN X X ALICE HUDSON 6153294441 1213A 16TH AVE S NASHVILLE TN 37212 MARK PEACOCK MD PRESIDENT 1.00 X X 0 0 0 MARCYA CARTER-SHEATS TREASURER 0.20 X X 0 0 0 RYAN BAILEY SECRETARY 0.20 X X 0 0 0 CHARLES ASKEW WEST TN VICE PRES 0.20 X X 0 0 0 MATTHEW J MCCLANAHAN EAST TN VICE PRES 0.20 X X 0 0 0 ANNE DAVIS MIDDLE TN VICE PRES 0.20 X X 0 0 0 GREEN FAIRCLOST DIRECTOR 0.20 X 0 0 0 JOHN FENDERSON DIRECTOR 0.20 X 0 0 0 JIM GARGES DIRECTOR 0.20 X 0 0 0 LAUREL GRAEFE DIRECTOR 0.20 X 0 0 0 ALICE HUDSON PELL EXECUTIVE DIRECTOR 40.00 X X 81089 0 11925 CHRISTOPHER C HAIGLER DIRECTOR 0.20 X 0 0 0 LES MCDONALD DIRECTOR 0.20 X 0 0 0 CHRISTY MOBERLY DIRECTOR 0.20 X 0 0 0 NICK NUNN DIRECTOR 0.20 X 0 0 0 TERRELL PICKETT DIRECTOR 0.20 X 0 0 0 FRANK RICKS DIRECTOR 0.20 X 0 0 0 ANDREW RUEFF DIRECTOR 0.20 X 0 0 0 WAYNE RUSSELL DIRECTOR 0.20 X 0 0 0 BOB SARRATT DIRECTOR 0.20 X 0 0 0 ROBERT D TUKE DIRECTOR 0.20 X 0 0 0 ALAN WEBB DIRECTOR 0.20 X 0 0 0 MELINDA WELTON DIRECTOR 0.20 X 0 0 0 81089 0 11925 0 0 0 0 0 908284 260997 587614 251902 1756895 EASEMENT INCOME 900099 54040 54040 OTHER PROGRAM INCOME 900099 3611 3611 57651 88827 88827 205420 1154384 191532 1149025 13888 5359 19247 5359 13888 18224 260997 34442 -16218 -16218 1906402 63010 0 86497 35000 35000 90078 70261 13512 6305 664508 518316 99676 46516 17455 13615 2618 1222 48977 38202 7347 3428 57586 44917 8638 4031 4868 4430 146 292 31854 28987 956 1911 60851 55374 1826 3651 15244 15244 89246 70378 8500 10368 35126 28101 4566 2459 33546 26501 3355 3690 15746 12803 439 2504 15712 6829 4405 4478 43308 34646 5630 3032 26289 22325 2565 1399 MEMBERSHIP EXP 23523 23523 PROPERTY TAX 11043 10160 552 331 OTHER FUNDRAISING EXPEN 1500 1500 1321460 1059612 164731 97117 1667927 2569539 3510423 3240344 1500 6000 14649911 174557 14285250 14475354 1134751 1165474 20599851 21456711 45897 58253 0 72893 320000 320000 403491 384868 769388 836014 X 18751191 19009694 1079272 1611003 19830463 20620697 20599851 21456711 584942 205292 0 X 0 1 X 1 0 X 1448268 1721778 1763392 1235602 1756895 7925935 1448268 1721778 1763392 1235602 1756895 7925935 1016310 6909625 63311 88244 26925 5083 16519 200082 8126017 -53630 0.85030 0.85990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 52 12805.00 2 2 1 1500.00 4132 992734 215984 76151 125 1132442 1144654 -151920 992734 68396 1000565 91719 15725 301 1144654 59823 8573 68396 58322 1501 59823 0.98186 0.01814 1 0 13375063 13375063 1182489 121225 1061264 52116 39765 12351 40243 13567 26676 14475354 RESIDENCE HELD SUBJECT TO A LIFE INT 1100000 BENEFICIAL INTEREST IN AGENCY ENDOW 20541 EARNEST MONEY 44933 1165474 USE INTEREST OF BENEFICIARY 384868 384868 X 2155462 205292 9326 34442 249060 1906402 0 1906402 1365223 9326 34442 43768 1321455 5 5 1321460 PART II, LINE 5: MONITORING: THE EASEMENT PROPERTY IS PLACED ON A SCHEDULE TO BE INSPECTED AT LEAST ONCE PER CALENDAR YEAR IN ORDER TO ENSURE COMPLIANCE WITH THE TERMS OF THE CONSERVATION EASEMENT. THE LANDOWNER OR DESIGNATED REPRESENTATIVE IS CONTACTED IN ADVANCE OF THE SITE VISIT, AND TENNGREEN PREFERS THAT THE OWNER OR REPRESENTATIVE BE PRESENT IF POSSIBLE DURING THE SITE VISIT. EACH MONITORING REPORT INCLUDES THE FOLLOWING INFORMATION: INSPECTION DATE, PROPERTY INSPECTED, NAME OF INSPECTOR, OBSERVASTIONS RELATED TO PROPERTY'S CONDITION AND CONSERVATION VALUES. ENFORCEMENT: TENNGREEN FOLLOWS AN ENFORCEMENT POLICY. IF A MONITORING VISIT RESULTS IN THE NEED FOR AN ENFORCEMENT ACTION DUE TO A VIOLATION OF CONSERVATION EASEMENT RESTRICTIONS, TENNGREEN DOCUMENTS ALL ENFORCEMENTS TO SHOW THEY WERE TIMELY, CONSISTENT WITH CONSERVATION EASEMENT VALUES AND/OR RESTRICTIONS, AND DID NOT RESULT IN A PRIVATE INUREMENT OR IMPERMISSIBLE PRIVATE BENEFIT. THE BOARD WILL BE INVOLVED AS APPROPRIATE TO THE SCALE OF THE VIOLATION AND ANY CO-HOLDERS OF THE CONSERVATION EASEMENT WILL BE INFORMED ACCORDING TO THE TERMS OF THE CONSERVATION EASEMENT AND MOU. TENNGREEN HAS A POLICY DETAILING HOW IT WILL RESPOND TO A POTENTIAL VIOLATION OF AN EASEMENT, INCLUDING THE ROLE OF ALL PARTIES INVOLVED IN ANY ENFORCEMENT ACTION. WHEN A VIOLATION HAS OCCURED, TENNGREEN WILL GIVE WRITTEN NOTICE OF THE VIOLATIONS TO THE GRANTOR AND REQUEST CORRECTIVE ACTION. IN THE EVENT OF A DISAGREEMENT, ARBITRATION WILL BE CONDUCTED. WHEN THE GRANTOR FAILS TO CORRECT THE VIOLATION WITHIN 30 DAYS, OR THE VIOLATION CANNOT BE REASONBLEY CORRECTED WITHIN 30 DAYS, OR HAS NOT BEGUN THE PROCESS OF CORRECTION WITHIN 30 DAYS, TENNGREEN MAY THEN COMMENCE LEGAL ACTION TO ENFORCE THE EASEMENT TERMS. PART II, LINE 9: THE ORGANIZATION RECEIVES DONATIONS OF CONSERVATION EASEMENTS AND WILL FROM TIME-TO-TIME PURCHASE EASEMENTS. A QUALIFIED CONSERVATION EASEMENT IS A RESTRICTION (THAT IS GRANTED IN PERPETUITY) ON THE USE OF LAND GRANTED TO A CHARITY EXCLUSIVELY FOR CONSERVATION PURPOSES. CONSERVATION EASEMENTS HELD BY THE ORGANIZATION ARE NOT RECOGNIZED AS ASSETS. ASSETS ARE DEFINED AS PROBABLE FUTURE ECONOMIC BENEFITS OBTAINED OR CONTROLLED BY AN ENTITY; THE ORGANIZATION HAS DETERMINED THE EASEMENTS DO NOT MEET THE DEFINITION CRITERIA. PART V, LINE 4: TENNGREEN LAND CONSERVANCY'S BOARD OF DIRECTORS ADOPTED A GOAL OF $15,000 PER EASEMENT PROPERTY. THIS GOAL IS EVALUATED WITH THE ACCEPTANCE OF EACH EASEMENT ON A CASE-BY-CASE BASIS BUT NOT BELOW A MINIMUM OF $5,000 PER EASEMENT PROJECT. IF ENDOWMENT FUNDS ARE NOT SECURED AT OR BY THE COMPLETION OF THE TRANSACTION, TENNGREEN HAS A PLAN TO SECURE THESE FUNDS AND HAS A POLICY COMMITTING THE FUNDS TO THIS PURPOSE. TENNGREEN'S CONSERVATION EASEMENTS PROVIDE GUIDANCE FOR ARBITRATION AND VIOLATION ENFORCEMENT. HOWEVER, SHOULD LEGAL ENFORCEMENT BE REQUIRED, THE FULL BOARD OF DIRECTORS WILL APPROVE THE PROCESS AND BUDGET. RESTRICTED ACCOUNTS ARE ESTABLISHED FOR ALL EASEMENTS AND REFLECTED ON THE MONTHLY BALANCE SHEET AND REPORTED TO THE BOARD. NOTE: CONTRIBUTION TO AN ENDOWMENT FUND IS NOT REQUIRED. THE LAND GIFT IS THE REAL GIFT TO CONSERVATION AND STEWARDSHIP FUNDING IS SOUGHT FROM GENERAL MEMBERSHIP OR BEQUESTS. PART X, LINE 2: THE ORGANIZATION FOLLOWS FASB ASC 740-10 ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. FOR ALL TAX POSITIONS TAKEN BY THE ORGANIZATION, MANAGEMENT BELIEVES IT IS CLEAR THAT THE LIKELIHOOD IS GREATER THAN 50% THAT THE FULL AMOUNT OF THE TAX POSITION TAKEN WILL BE ULTIMATELY REALIZED. THEREFORE, MANAGEMENT BELIEVES THAT NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS SHOULD BE RECORDED RELATED TO UNCERTAIN TAX POSITIONS TAKEN ON RETURNS FILED FOR THE THREE MOST RECENT YEARS FILED (2020 - 2022). THE ORGANIZATION IDENTIFIES ITS MAJOR TAX JURISDICTIONS AS THE U.S. FEDERAL AND THE STATE OF TENNESSEE. HOWEVER, THE ORGANIZATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE ORGANIZATION BEEN CONTACTED BY EITHER OF THESE JURISDICTIONS. THE ORGANIZATION IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE IN THE NEXT TWELVE MONTHS. THE ORGANIZATION INCURRED NO INTEREST OR PENALTIES DURING THE YEAR ENDED SEPTEMBER 30, 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT EVENT EXPENSES 34,442. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EVENT EXPENSES 34,442. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING ADJUSTMENT 5. HIKE-A-THON 279221 260997 18224 18224 2325 455 13438 279221 260997 18224 18224 2325 455 13438 34442 -16218 0 BIG RIVER PARK CONSERVANCY 850 RIDGE LAKE BLVD G01 MEMPHIS TN 38120 862115339 501C3 35000 0 CONSERVATION DISTINCT LIFESTYLE MANAGEMENT SON OF JIM GARGES 5515 PROPERTY MANAGEMENT 0 SCHED L, PART IV, LINE 1 JIM GARGES IS A BOARD MEMBER AND HIS SON AND DAUGHTER-IN-LAW (BOB AND AMY GARGES) ARE OWNERS OF DISTINCT LIFESTYLE MANAGEMENT WHICH SERVES AS OUR PROPERTY MANAGER. X 1 191532 FMV X DONATED ITEMS FOR EVENTS 93 41747 FMV X LIFE INTEREST CHANGE IN VALUE 1 18623 FAIR VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE AND FINANCE AND INVESTMENT COMMITTEES REVIEWED THE 990 AND THEN PROVIDED THE FORM TO THE FULL BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C TENNGREEN HAS DEVELOPED A DISCLOSURE STATEMENT WHICH IS SIGNED ANNUALLY BY EACH BOARD MEMBER AND STAFF MEMBER, ACKNOWLEDGING THEIR UNDERSTANDING OF THE POLICY AND MAKING THE APPROPRIATE DISCLOSURES OF AFFILIATIONS AND ASSOCIATIONS TO THE BOARD PRESIDENT AND TO THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL: TENNGREEN REVIEWS NATIONAL AND REGIONAL SALARY SURVEYS FOR NON-PROFITS AND LAND TRUSTS. TENNGREEN REVIEWS NATIONAL TRENDS FROM THE LAND TRUST ALLIANCE SALARY SURVEY AND ATTEMPTS TO COMPETE WITH THE MEDIAN SALARY FOR PARTICULAR JOBS IN ORGANIZATIONS WITH SIMILAR BUDGET SIZES. THE BOARD APPROVES ALL SALARY CHANGES FOR THE EXECUTIVE DIRECTOR. LINE 15B - COMPENSATION PROCESS FOR OFFICERS: IN SETTING COMPENSATION, THE ORGANIZATION MAY CONSIDER, AMONG OTHER THINGS, EXTERNAL LABOR, MARKET RATES, EQUITABLE RELATIONSHIP WITH OTHER JOBS WITHIN THE ORGANIZATION, AND THE ORGANIZATION'S ABILITY TO PAY. THE EXECUTIVE DIRECTOR REVIEWS EACH EMPLOYEE'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 TENNGREEN LAND CONSERVANCY IS COMMITTED TO OPERATING IN AN ETHICAL, LEGAL, AND TECHNICALLY SOUND MANNER TO ENSURE LONG-TERM PROTECTION OF THE LAND IN PUBLIC INTEREST. OUR ENTIRE STANDARDS AND PRACTICE MANUAL IS AVAILABLE FOR DOWNLOAD ON OUR WEBSITE. IN ADDITION, OUR PROFILE ON GIVINGMATTERS.COM AND GUIDESTAR.ORG WEBSITES INCLUDES FINANCIAL STATEMENTS. OUR GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE UPON REQUEST.