2024-05-15T12:52:22-05:00 2022-06-30 841509269 MCMAHAN AND ASSOCIATES LLC PO BOX 5850 AVON CO 81620 990 2021-07-01 841594923 CENTRAL COLORADO CONSERVANCY CENT 7195397700 PO BOX 942 SALIDA CO 81201 JOHN MCGOWAN TREASURER 7195397700 2024-05-15 1 JOHN MCGOWAN XXX-XX-XXXX MICHAEL N JENKINS CPA P00175604 9708458800 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z X JOHN MCGOWAN PO BOX 942 SALIDA CO 81201 8612881 0 X WWW.CENTRALCOLORADOCONSERVANCY.ORG X 2001 CO CENTRAL COLORADO CONSERVANCY IS COMMITTED TO CONSERVING THE REGION'S LAND, WATER AND WILDLIFE BY PARTNERING WITH LANDOWNERS, AGRICULTURAL PRODUCERS, AND THE COMMUNITY. 9 9 8 80 0 0 1329106 8491009 0 0 77310 4045 37406 98425 1443822 8593479 0 0 0 0 272296 313005 0 0 0 326256 7564491 598552 7877496 845270 715983 1671188 2623909 100034 371274 1571154 2252635 THE ORGANIZATION'S MISSION IS TO PROTECT IN PERPETUITY THE IMPORTANT NATURAL, AGRICULTURAL, SCENIC, HISTORIC LANDS, AND THE WATER RESOURCES AND RIPARIAN AREAS IN CENTRAL COLORADO INCLUDING LAKE, CHAFFEE, FREMONT, SAGUACHE AND PARK COUNTIES. 0 0 7656648 THE ORGANIZATION HOLDS ROUGHLY 5675 ACRES OF CONSERVATION EASEMENTS AND OWNS ROUGLY 283 ACRES; CONSERVED PROPERTIES HAVE PUBLIC AND CONSERVATION BENEFITS. RESTORED HYDROLOGIC CONNECTIVITY TO 120 ACRES OF RIPARIAN HABITAT OF WHICH 73 ACRES ARE WETLANDS IN THE BADGER CREEK WATERSHED. PILOTED A VIRTUAL FENCING PROGRAM WITH 5 RANCHERS IMPACTING MANAGMEENT OF ABOUT 7000 ACRES OF LAND. DURING FISCAL YEAR 2022, PROFESSIONAL SERVICES VALUED AT $19,652 WAS DONATED TO THE ORGANIZATION BUT, PER 990 REPORTING REQUIREMENTS, ARE NOT INCLUDED IN EXPENSES REPORTED ABOVE. 7656648 1 1 0 0 0 0 1 0 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 15 0 1 8 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 1 1 X WENDY MCDERMOTT 7195397700 128 EAST 1ST STREET SALIDA CO 81201 X HALLIE MAHOWALD PRESIDENT 3.00 X X 0 0 0 AARON KINDLE VICE PRESIDENT 2.00 X X 0 0 0 MARCUS SELIG TREASURER 2.00 X X 0 0 0 MICHAEL FISCHER SECRETARY 2.00 X X 0 0 0 GINA PETERS DIRECTOR 1.00 X 0 0 0 CAMERON LARSON DIRECTOR 1.00 X 0 0 0 ROB WHITE DIRECTOR 1.00 X 0 0 0 HAYDEN MELSOP DIRECTOR 1.00 X 0 0 0 JOHN MCGOWAN DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 18505 3712022 4760482 4100703 8491009 4045 4045 65117 19402 45715 45715 PPP LOAN FORGIVENESS 712190 51855 51855 MISCELLANEOUS REVENUE 712190 855 855 52710 8593479 56755 0 45715 268507 171737 96770 22124 3460 18664 22374 11599 10775 38685 38685 8394 8394 408026 380725 27301 2099 2099 4618 1011 3607 5019 5019 29828 29828 2906 2801 105 2809 808 2001 891 891 42 42 5083 5083 CONSERVATION EASEMENTS 6916686 6916686 AGRICULTURAL EASEMENTS 46127 46127 RESTORATION 45312 45174 138 CONTRACT SERVICES 35860 35860 12106 1084 11022 7877496 7656648 220848 0 X 151948 196312 188449 204129 2733 415811 2000 1062 9532 8304 0 1228 265203 223868 0 1439 1060855 1580060 1671188 2623909 48179 257524 0 113750 51855 0 100034 371274 X 1116565 1764523 454589 488112 1571154 2252635 1671188 2623909 715983 -34502 0 X 0 1 X 0 0 X 544754 404675 575259 1329106 1095764 3949558 24158 12545 6500 43203 568912 417220 581759 1329106 1095764 3992761 0 0 0 3992761 19534 12954 10481 77310 4045 124324 19534 12954 10481 77310 4045 124324 881 37406 52710 90997 588446 430174 593121 1443822 1152519 4208082 0.94880 0.95440 0.02950 0.03470 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: DONATED CONSERVATION EASEMENT DATE: 08/11/21 AMOUNT: 1260100. DESCRIPTION: DONATED CONSERVATION EASEMENT DATE: 01/18/22 AMOUNT: 734604. DESCRIPTION: DONATED CONSERVATION EASEMENT DATE: 02/18/22 AMOUNT: 2131500. DESCRIPTION: GRANT FOR EASEMENT ACQUISITION DATE: 08/11/21 AMOUNT: 800000. DESCRIPTION: GRANT FOR EASEMENT ACQUISITION DATE: 08/11/21 AMOUNT: 800000. DESCRIPTION: GRANT FOR EASEMENT ACQUISITION DATE: 02/18/22 AMOUNT: 701300. DESCRIPTION: GRANT FOR EASEMENT ACQUISITION DATE: 07/15/21 AMOUNT: 417241. DESCRIPTION: GRANT FOR EASEMENT ACQUISITION DATE: 02/18/22 AMOUNT: 410500. DESCRIPTION: GRANT FOR EASEMENT ACQUISITION DATE: 09/17/21 AMOUNT: 99000. DESCRIPTION: GRANT FOR EASEMENT ACQUISITION DATE: 07/15/21 AMOUNT: 41000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 40 5867.00 1 0 172.00 1593 106508 131948 8456 230000 114964 8456 106508 250000 135036 114964 250000 250000 250000 250000 1.00000 0 0 5738 4510 1228 3794 3794 0 1228 EXCHANGE-TRADED FUNDS 223868 F 223868 LAND HELD FOR CONSERVATION 1580060 1580060 8611249 -34502 32870 19402 17770 8593479 0 8593479 7929768 32870 19402 52272 7877496 0 7877496 PART II, LINE 9: THE ACQUISITION AND MAINTENANCE OF EASEMENTS IS REPORTED AS PROGRAM EXPENSE IN THE STATEMENT OF FUNCTIONAL EXPENSES. PART V, LINE 4: TO SUPPORT THE LONGEVITY OF THE ORGANIZATION. QUASI-ENDOWMENT FUNDS ARE RESTRICTED FOR (1) STEWARDSHIP ACTIVITIES THAT INSURE THE CONSERVATION VALUES OF AN EASEMENT ARE PRESERVED IN PERPETUITY, AND (2) LEGAL DEFENSE INCLUDING RESOLUTION OF INFRINGEMENTS OR VIOLATIONS AGAINST THE PROVISIONS OF A CONSERVATION EASEMENT THAT REQUIRES LEGAL ACTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 19,402. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 19,402. ANNUAL EVENT 65117 65117 7500 11902 65117 65117 7500 11902 19402 45715 X 1 4802 FMV X 3 4093204 FMV X 1 41000 FMV X TRAILER (DONATED FOR SILENT AUCTION) 1 7500 FMV 0 0 0 FORM 990, PART B - AMENDED RETURN THE ORGANIZATION HAS AMENDED ITS ORIGINALLY FILED FORM 990 FOR THE FISCAL YEAR ENDED JUNE 30, 2022 TO REFLECT ADJUSTMENTS ARISING FROM THE AUDIT OF ITS FINANCIAL STATEMENTS FOR FISCAL YEAR 2022 BY INDEPENDENT CPAS SUBSEQUENT TO THE PREPARATION AND FILING OF THE ORIGINAL FORM 990. THE AMENDED FORM 990 INCLUDES THE ACCRUAL OF $398,584 OF ADDITIONAL CONTRIBUTION REVENUES REPORTED ON LINE 1H IN PART VIII; CORRECTED REPORTING OF INVESTMENT INCOME ON LINE 3 OF PART VIII (WITH UNREALIZED LOSSES REPORTED IN PART XI); INCREASING NET FUNDRAISING EVENT INCOME BY $494; AND THE NET ACCRUAL OF AN ADDITIONAL $176,398 IN TOTAL FUNCTIONAL EXPENSES REPORTED ON LINE 25A IN PART IX (ALONG WITH CORRECTIONS TO THE REPORTING OF FUNCTIONAL EXPENSE CATEGORIES). CORRESPONDINGLY, PLEDGES / GRANTS RECEIVABLE REPORTED ON PART X WERE INCREASED BY $381,587 AND LAND HELD FOR CONSERVATION (REPORTED AS OTHER ASSETS ON LINE 15) WERE INCREASED BY $23,698; WHILE ACCOUNTS PAYABLE / ACCRUED EXPENSES INCREASED BY $183,593; RESULTING IN A $221,692 HIGHER NET INCREASE IN NET ASSETS FOR THE FISCAL YEAR THAN ORIGINALLY REPORTED. FORM 990, PART VI, SECTION B, LINE 11B TREASURER REVIEWS 990 AGAINST QUICKBOOKS FINANCIAL STATEMENTS, BANK STATEMENTS, AND AUDITED FINANCIALS. FORM 990, PART VI, SECTION B, LINE 12C WHEN PROJECTS ARE DISCUSSED AT BOARD MEETINGS, BOARD MEMBERS ARE AGAIN ASKED IF THEY NEED TO DISCLOSE ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 COMPARISONS ARE MADE FOR SIMILAR POSITIONS AT NEARBY LAND TRUSTS. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS AND TAX RETURNS ARE AVAILABLE AT THE ORGANIZATION'S OFFICE AND AVAILABLE TO THE PUBLIC. FORM 990, PART X - ADDITIONAL INFORMATION A CONSERVATION EASEMENT IS PERMANENT AND CANNOT BE SOLD; THEREFORE, IT HAS NO TANGIBLE MONETARY VALUE TO THE HOLDER. ACCORDINGLY, THE ORGANIZATION HAS CHOSEN TO ASSIGN A ZERO VALUE TO THE CONSERVATION EASEMENTS FOR THE PURPOSE OF REVENUE AND EXPENSE STATEMENTS AND BALANCE SHEETS.