2024-07-10T10:26:19-04:00 2023-09-30 561872557 WINSTON WILLIAMS CREECH EVANS & CO LLP PO BOX 1366 OXFORD NC 275650487 990 2022-10-01 311742900 TAR RIVER LAND CONSERVANCY TARR 9194965902 P O BOX 1161 LOUISBURG NC 27549 ROBERT COVINGTON PRESIDENT 10/1/23 9194965902 2024-07-09 true ROBERT COVINGTON 999009999 true CARLEEN P EVANS P00022781 9196935196 2024-07-09 2022 2023-04-26 12:10:37Z ROBERT COVINGTON 2679 FOREST DRIVE NASHVILLE NC 27856 1658598 false X WWW.TARRIVER.ORG X 2000 NC TAR RIVER LAND CONSERVANCY PRESERVES THE NATURAL AND CULTURAL RESOURCES OF THE TAR RIVER BASIN AND SURROUNDING AREAS BY WORKING IN PARTNERSHIP WITH PRIVATE LANDOWNERS, PUBLIC AGENCIES AND OTHERS TO PROTECT RURAL LAND, RIPARIAN CORRIDORS AND ENSURE CLEAN WATER. 10 10 9 90 0 748105 1271593 31686 51746 333379 296816 36575 38443 1149745 1658598 0 0 338084 383534 0 4649 341538 418376 679622 801910 470123 856688 24041368 25348404 3657 22720 24037711 25325684 X TAR RIVER LAND CONSERVANCY PRESERVES THE NATURAL AND CULTURAL RESOURCES OF THE TAR RIVER BASIN AND SURROUNDING AREAS BY WORKING IN PARTNERSHIP WITH PRIVATE LANDOWNERS, PUBLIC AGENCIES AND OTHERS TO PROTECT RURAL LAND, RIPARIAN CORRIDORS AND ENSURE CLEAN WATER. false false ACQUIRED FEE SIMPLE TITLE TO 232.91 ACRES IN HALIFAX COUNTY, WHICH LAND PROVIDES BUFFERS TO FISHING CREEK. BEGAN PLANNING, RESTORING, AND CLEANUP OF THE PROPERTY, WHICH FORMERLY OPERATED AS A SWINE FARM. RECEIVED A DONATION OF FEE SIMPLE TITLE TO 39.98 ACRES IN GRANVILLE COUNTY, WHICH LAND PROVIDES BUFFERS FOR LEDGE CREEK. RECEIVED A DONATION OF FEE SIMPLE TITLE ON 59.371 ACRES IN GRANVILLE COUNTY, WHICH LANDS PROVIDE BUFFERS FOR HATCHERS RUN. 714844 51746 TAR RIVER LAND CONSERVANCY ACHIEVED ITS LAND PROTECTION MISSION THROUGH THE FOLLOWING ACTIONS: 4) RECEIVED A DONATION OF A CONSERVATION EASEMENT ON 108.52 ACRES IN PERSON COUNTY, WHICH LAND PROVIDES BUFFERS TO TAR RIVER. 5) PURCHASED A CONSERVATION EASEMENT ON 75.34 ACRES IN HALIFAX COUNTY, WHICH LAND PROVIDES BUFFERS TO FISHING CREEK. 6) SPENT SIGNIFICANT TIME AND RESOURCES ON LAND PROTECTION PROJECTS LOCATED IN GRANVILLE COUNTY, WHICH LANDS WILL PROVIDE A BUFFER FOR CAMP BUTNER AND LOCAL RESOURCES. 7) SPENT SIGNIFICANT TIME AND RESOURCES ON LAND PROTECTION PROJECTS LOCATED IN PERSON COUNTY, WHICH LANDS WILL PROVIDE A BUFFER FOR FLAT RIVER AND LOCAL RESOURCES. 8) SPENT SIGNIFICANT TIME AND RESOURCES ON LAND PROTECTION PROJECTS AND OUTREACH TO LANDOWNERS IN HALIFAX AND NASH COUNTIES, WHICH LANDS PROVIDE BUFFERS TO FISHING CREEK AND LITTLE FISHING CREEK. 9) SPENT SIGNIFICANT TIME AND RESOURCES TO COMPILE INFORMATION AND PREPARE AN APPLICATION TO RENEW LAND TRUST ACCREDITATION, WHICH WAS SUBMITTED AFTER THE END OF THE FISCAL YEAR. 10) ENGAGED LOCAL VOLUNTEERS TO COMPLETE PREPARATIONS AND HOLD RIBBON CUTTING TO OPEN A NATURE PRESERVE WITH 1.9 MILES OF PUBLIC HIKING TRAILS IN GRANVILLE COUNTY. 11) PREPARED AND SUBMITTED APPLICATIONS FOR TRLC'S NATURE PRESERVES TO BE DESIGNATED AS ECOEXPLORE HOTSPOTS THROUGH THE NC ARBORETUM AND NC MUSEUM OF NATURAL SCIENCES. 12) MONITORED CONSERVATION EASEMENTS AND FEE PROPERTIES HELD BY TRLC. 13) MONITORED 65 CONSERVATION EASEMENTS HELD BY THE STATE OF NORTH CAROLINA. 714844 51746 714844 true true false false false false true false false true true false false false true true true 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 false true 10 0 true 9 true false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true false false false X AMY EDGE 9194965902 121 NORTH MAIN STREET LOUISBURG NC 27549 DEREK HALBERG EXECUTIVE DI 40.00 X 123615 0 3699 ANGELA PARKER ALLEN DIRECTOR X 0 0 0 ERNIE AVERETT DIRECTOR X 0 0 0 TIM BEVACQUA DIRECTOR X 0 0 0 TYLER RAY BLACK DIRECTOR X 0 0 0 ALVIN BRASWELL VICE-PRES 10 X 0 0 0 ROBERT COVINGTON PRESIDENT 10 X X 0 0 0 MARTY FINKEL DIRECTOR X 0 0 0 NOLA REED KNOUSE DIRECTOR X 0 0 0 CARL PIKE PRESIDENT 9/ X 0 0 0 BOYD STURGES SECRETARY-TR X X 0 0 0 123615 3699 1 false false false 106631 1164962 1040000 1271593 CWMTF MONITORING 541900 18238 18238 RENTAL HOUSE 541900 17000 17000 EEP MONITORING 531120 16508 16508 51746 296816 296816 HUNTING AND FARM LEASE 33353 33353 MISCELLANEOUS 4944 4944 SPECIAL EVENT 146 146 38443 1658598 387005 X 123615 107545 14834 1236 208071 172979 33344 1748 26866 23590 3094 182 24982 24932 50 7733 6527 1130 76 9581 9581 15685 12979 2588 118 20224 18075 2023 126 PMTS TO PROPERTY OWNERS 152763 152763 ENDOWMENT MANAGEMENT FEE 42320 38777 3335 208 SURVEYS 40775 40775 APPRAISALS 26650 26650 102645 79671 22069 905 801910 714844 82417 4649 382051 225830 567631 573103 15131 51263 10385 9933 15643273 70568 13646646 15572705 9419524 8911026 4544 24041368 25348404 1519 8616 2138 14104 3657 22720 X 17012871 19088561 7024840 6237123 24037711 25325684 24041368 25348404 856688 431285 X false true X false false X 8810356 1728839 1848591 748105 1271593 14407484 8810356 1728839 1848591 748105 1271593 14407484 14407484 130241 125337 109221 333379 296816 994994 15402478 387005 0.93540 0.95280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 95 10713.15 4 1 true 1231.00 49114 1615886 60150 67125 12968 1848040 2034791 45600 96015 14120 1615886 1720111 44700 34815 11571 2034791 1511467 87400 36703 11662 1720111 1260656 101650 29434 7908 1511467 true false 15178427 15178427 414342 38767 375575 50504 31801 18703 15572705 ACCRUED VACATION PAYABLE 9095 DEFERRED INFLOWS OF RESOURCES-LEASES 3609 SECURITY DEPOSIT 1400 14104 X 1658598 1658598 1658598 801910 801910 801910 SCHEDULE D, PAGE 1, PART II, LINE 5 CONSERVATION EASEMENT ENFORCEMENT POLICY WAS ADOPTED IN 2011 BY THE BOARD OF DIRECTORS. SCHEDULE D, PAGE 1, PART II, LINE 9 CONSERVATION EASEMENTS ARE NOT REPORTED AS INTERESTS IN LAND IN THE REVENUE AND EXPENSE STATEMENT. THE INCOME RECEIVED FROM GRANTS AND OTHER DONATIONS FOR THE ACQUISITION OF EASEMENTS ARE REPORTED AND THE EXPENSES RELATED TO THE ACQUISITION OF EASEMENTS ARE REPORTED AS EXPENSES. EASEMENTS ARE LISTED AS AN ITEM ON THE BALANCE SHEET. TAR RIVER LAND CONSERVANCY ACQUIRES CONSERVATION EASEMENTS THROUGH A NUMBER OF WAYS. EASEMENTS ARE SOMETIMES DONATED, GIVING THE DONORS OPPORTUNITY FOR INCOME TAX AND ESTATE TAX BENEFITS. WHEN AVAILABLE FINANCIAL RESOURCES ARE PRESENT, TRLC MAY PURCHASE THE EASEMENT FROM A LANDOWNER. THIS PRACTICE IS GENERALLY REFERRED TO AS PURCHASING DEVELOPMENT RIGHTS OR "PDR". NO VALUE IS RECORDED FOR THESE PDRS, AS THEY CANNOT BE SOLD OR TRANSFERRED AND CANNOT BE ENCUMBERED. TRLC CURRENTLY HOLDS 95 CONSERVATION EASEMENTS. SCHEDULE D, PAGE 2, PART V, LINE 4 THE ORGANIZATION'S ENDOWMENT FUNDS ARE USED FOR THE STEWARDSHIP AND LEGAL DEFENSE OF CONSERVATION EASEMENTS HELD BY THE ORGANIZATION AND FOR THE STEWARDSHIP AND LEGAL DEFENSE OF FEE PROPERTIES OWNED BY THE ORGANIZATION. SCHEDULE D, PAGE 3, PART X TAR RIVER LAND CONSERVANCY DOES NOT BELIEVE THERE ARE ANY UNRECOGNIZED TAX BENEFITS OR COSTS AS OF SEPTEMBER 30, 2023. INCOME TAX RETURNS FROM 2020 THROUGH 2022 ARE OPEN TO EXAMINATION BY TAX AUTHORITIES. SCHEDULE D, PAGE 4, PART XIII SCHEDULE D PART II QUESTION 3 AMENDMENTS WERE RECORDED FOR FOUR (4) CONSERVATION EASEMENTS PURUANT TO SECTION 605(D) OF THE SECURE 2.0 ACT OF 2022, WHICH DIRECTS THE SECRETARY OF THE TREASURY TO PROVIDE DONORS WITH AN OPPORTUNITY TO REPLACE EXTINGUISHMENT AND BOUNDARY LINE ADJUSTMENT CLAUSES WITH SAFE HARBOR LANGUAGE FOR THOSE CLAUSES. TAR RIVER LAND CONSERVANCY AND THE EASEMENT DONORS FOLLOWED THE PROCESS SET FORTH IN THE IRS ISSUED NOTICE 2023-30 TO AMEND THE EASEMENTS TO SUBSTITUTE THE SAFE HARBOR LANGUAGE; NO OTHER MODIFICATIONS WERE MADE TO THE EASEMENTS. X LAND 2 1040000 APPRAISED VALUE 2 false false false SCHEDULE M, PAGE 2, PART II THERE WERE TWO DONATIONS OF LAND IN THE CURRENT YEAR GIVEN BY SEPARATE DONORS. FORM 990 - ORGANIZATION'S MISSION TAR RIVER LAND CONSERVANCY PRESERVES THE NATURAL AND CULTURAL RESOURCES OF THE TAR RIVER BASIN AND SURROUNDING AREAS BY WORKING IN PARTNERSHIP WITH PRIVATE LANDOWNERS, PUBLIC AGENCIES AND OTHERS TO PROTECT RURAL LAND, RIPARIAN CORRIDORS AND ENSURE CLEAN WATER. FORM 990, PAGE 2, PART III, LINE 4D TAR RIVER LAND CONSERVANCY ACHIEVED ITS LAND PROTECTION MISSION THROUGH THE FOLLOWING ACTIONS: 4) RECEIVED A DONATION OF A CONSERVATION EASEMENT ON 108.52 ACRES IN PERSON COUNTY, WHICH LAND PROVIDES BUFFERS TO TAR RIVER. 5) PURCHASED A CONSERVATION EASEMENT ON 75.34 ACRES IN HALIFAX COUNTY, WHICH LAND PROVIDES BUFFERS TO FISHING CREEK. 6) SPENT SIGNIFICANT TIME AND RESOURCES ON LAND PROTECTION PROJECTS LOCATED IN GRANVILLE COUNTY, WHICH LANDS WILL PROVIDE A BUFFER FOR CAMP BUTNER AND LOCAL RESOURCES. 7) SPENT SIGNIFICANT TIME AND RESOURCES ON LAND PROTECTION PROJECTS LOCATED IN PERSON COUNTY, WHICH LANDS WILL PROVIDE A BUFFER FOR FLAT RIVER AND LOCAL RESOURCES. 8) SPENT SIGNIFICANT TIME AND RESOURCES ON LAND PROTECTION PROJECTS AND OUTREACH TO LANDOWNERS IN HALIFAX AND NASH COUNTIES, WHICH LANDS PROVIDE BUFFERS TO FISHING CREEK AND LITTLE FISHING CREEK. 9) SPENT SIGNIFICANT TIME AND RESOURCES TO COMPILE INFORMATION AND PREPARE AN APPLICATION TO RENEW LAND TRUST ACCREDITATION, WHICH WAS SUBMITTED AFTER THE END OF THE FISCAL YEAR. 10) ENGAGED LOCAL VOLUNTEERS TO COMPLETE PREPARATIONS AND HOLD RIBBON CUTTING TO OPEN A NATURE PRESERVE WITH 1.9 MILES OF PUBLIC HIKING TRAILS IN GRANVILLE COUNTY. 11) PREPARED AND SUBMITTED APPLICATIONS FOR TRLC'S NATURE PRESERVES TO BE DESIGNATED AS ECOEXPLORE HOTSPOTS THROUGH THE NC ARBORETUM AND NC MUSEUM OF NATURAL SCIENCES. 12) MONITORED CONSERVATION EASEMENTS AND FEE PROPERTIES HELD BY TRLC. 13) MONITORED 65 CONSERVATION EASEMENTS HELD BY THE STATE OF NORTH CAROLINA. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS REVIEWED BY MANAGEMENT AND EMAILED TO BOARD MEMBERS FOR THEIR REVIEW. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS ARE PROVIDED A COPY OF THE POLICY ANNUALLY. THEY READ AND SIGN A STATEMENT ACKNOWLEDGING THAT THEY HAVE READ AND UNDERSTAND THE POLICY. AT ANY BOARD MEETING WHERE A CONFLICT OF INTEREST MAY ARISE, THE BOARD UNDERTAKES AN ANALYSIS OF THE SITUATION BASED ON THE POLICY AND DETERMINES WHETHER OR NOT THERE IS A CONFLICT. IF THERE IS A CONFLICT, THEY HANDLE THE ISSUE ACCORDING TO THE POLICY. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS AVAILABLE UPON REQUEST FORM 990, PART IX, LINE 24E TRAIL EXPENSE 15,389 0 0 RENTAL HOUSE EXPENSE 0 14,567 0 PROFESSIONAL CONTRACTS 8,633 1,616 101 ACCRUED INTEREST ON CDS 9,553 0 0 LAND STEWARDSHIP 8,927 0 0 ENVIRONMENTAL AUDITS 7,850 0 0 BUILDING UTILITIES 3,216 620 39 BUILDING REPAIRS 2,933 566 35 COMPUTER SUPPLIES 2,861 528 27 DUES 3,251 0 0 LAND CLOSING COSTS 3,179 0 0 TELEPHONE 2,171 418 26 BUILDING SMALL EQUIPMENT 2,030 368 35 NC DOT PROJECT 2,289 0 0 PROPERTY TAX 2,100 0 0 PAYROLL ADMIN FEES 0 1,941 0 SELF STORAGE RENTAL 1,326 256 16 MOBILE COMMUNICATION 1,325 0 0 ACCREDITATION FEE 850 0 0 OTHER EXPENSES 16 726 103 FIELD SUPPLIES 724 0 0 MEALS 312 405 0 QGIV EXPENSES 0 0 523 INTERNET AND WEBSITE 379 0 0 EVENTS 213 0 0 STAFF MEETINGS 119 58 0 BANK CHARGES 25 0 0 TOTAL 79,671 22,069 905