2024-11-13T11:40:58-05:00 2023-12-31 541451058 COOKE LAVENDER MASSEY & COMPANY PC 2001 S MAIN ST STE 6 BLACKSBURG VA 240606667 990 2023-01-01 542053383 NEW RIVER LAND TRUST NEWR 5409511704 PO BOX K BLACKSBURG VA 24063 RON RORDAM VICE PRESIDENT 5409511704 2024-11-11 true JEFFREY CALL CPA P01325347 5409531152 2024-11-11 2023 2024-10-15 13:58:12Z RON RORDAM 803 DRAPER RD S BLACKSBURG VA 24060 786044 false X NEWRIVERLANDTRUST.ORG X 2001 VA TO CONSERVE THE RURAL, NATURAL, AND CULTURAL HERITAGE OF THE NEW RIVER REGION, PROTECTING FARMS, FORESTS, OPEN SPACES, AND HISTORIC PLACES. 18 18 6 18 0 749867 472221 0 42750 31786 0 792617 504007 0 0 172701 176154 0 18221 172245 294792 344946 470946 447671 33061 2971461 3116505 134062 157182 2837399 2959323 X TO CONSERVE THE RURAL, NATURAL, AND CULTURAL HERITAGE OF THE NEW RIVER REGION, PROTECTING FARMS, FORESTS, OPEN SPACES, AND HISTORIC PLACES. false false 309865 EACH YEAR THE NEW RIVER LAND TRUST, IN PARTNERSHIP WITH THE VIRGINIA OUTDOORS FOUNDATION, OTHER STATE AND FEDERAL GOVERNMENT AGENCIES, AND OTHER CONSERVATION ORGANIZATION, WORKS WITH LANDOWNERS FROM ELLISTON IN MONTGOMERY COUNTY WEST TO COX'S CHAPEL IN GRAYSON COUNTY TO SAVE LARGE TRACTS OF LAND AND FAMILY FARMS IN THE NEW RIVER REGION. A CONSERVATION EASEMENT IS A VOLUNTARY AGREEMENT BY A LANDOWNER THAT PROTECTS HIS OR HER LAND FROM INTENSIVE DEVELOPMENT IN PERPETUITY. CONSERVATION EASEMENTS PROTECT WORKING FOREST LANDS AND VITAL REGIONAL WATER RESOURCES FOR HUMAN, WILDLIFE, AND AQUATIC SPECIES. THE LANDOWNER CONTINUES TO OWN THE FARMLAND OR FOREST AND CAN PURSUE ALL TRADITIONAL USES OF THE LAND, SUCH AS AGRICULTURAL AND TIMBERING. IN EXCHANGE FOR PROTECTING THE LAND'S CONSERVATION VALUES, THE OWNER RECEIVES GENEROUS STATE AND FEDERAL TAX INCENTIVES. IN 2020, THE NEW RIVER LAND TRUST HELPED THREE LANDOWNERS WITH 716 ACRES UNDER CONSERVATION EASEMENTS AND 229 ACRES IN FEE SIMPLE CONSERVATION PROJECTS. THE EASEMENTS INCLUDED A STATE FUNDED PROJECT ON EXTREMELY HIGH VALUE FOREST WITH NOTABLE WATER, NATURAL HERITAGE, AND SCENIC RESOURCES IN GILES COUNTY. THE LAND TRUST DID TWO FEE SIMPLE PURCHASE PROJECTS IN ORDER TO PROTECT HIGH CONSERVATION VALUE LAND IN MONTGOMERY COUNTY. THE MONTGOMERY PROJECT WAS FUNDED WITH GRANT MONEY FROM THE VIRGINIA OUTDOORS FOUNDATION'S FOREST CORE FUND. THE LAND WILL BE TRANSFERRED TO THE TOWN OF BLACKSBURG TO BECOME A FORESTED NATURE PARK IN 2021. THE FEE SIMPLE PROPERTIES WILL BE PERMANENTLY PROTECTED THROUGH THEIR TRANSFER TO THE PUBLIC ENTITIES. ALSO IN 2019, THE NEW RIVER LAND TRUST CONTINUED TO PARTNER WITH LOCAL GOVERNMENTS, REGIONAL ORGANIZATIONS, AND OTHER STAKEHOLDERS IN STRATEGIC PLANNING TO IDENTIFY CRITICAL LANDS AND RESOURCES FOR TARGETED CONSERVATION OUTREACH AND EDUCATION. THESE EFFORTS INCLUDED DEVELOPMENT OF AN UPGRADED GIS SYSTEM THAT CAN BE USED BY STAFF AND BOARD MEMBERS TO QUICKLY IDENTIFY PROPERTIES WITH IMPORTANT CONSERVATION VALUES IN OUR SERVICE AREA. THIS PROJECT CONTINUES THE LAND TRUST'S EFFORTS TO STRATEGICALLY PURSUE ITS MISSION. THE NEW RIVER LAND TRUST'S WORK HELPS BALANCE GROWTH AND DEVELOPMENT WITH CONSERVATION OF REGIONALLY AND LOCALLY IMPORTANT RURAL LANDS AND ASSOCIATED RESOURCES. SINCE 2002, THE NEW RIVER LAND TRUST HAS WORKED WITH 263 LANDOWNERS TO VOLUNTARILY PLACE MORE THAN 56,428 ACRES OF FARMS, FORESTS, OPEN SPACES, AND HISTORIC PLACES IN CONSERVATION EASEMENTS. THIS PROTECTED AREA INCLUDES OVER 27 MILES ALONG THE NEW RIVER, ONE OF THE FOURTEEN AMERICAN HERITAGE RIVERS IN THE COUNTRY AND THE ONLY ONE IN VIRGINIA. THE NEW RIVER AND ITS SURROUNDING APPALACHIAN MOUNTAIN LANDSCAPE ARE DEFINING FEATURES OF THE AREA. 9137 PUBLIC OUTREACH: THE NEW RIVER LAND TRUST PROVIDES OUTREACH, EDUCATION, FACILITATION, AND IMPLEMENTATION SERVICES TO LANDOWNERS WITH AN INTEREST IN CONSERVING RURAL LAND AND ITS ASSOCIATED NATURAL AND/OR CULTURAL RESOURCES. WE HAVE A PARTICULAR FOCUS ON THE NEW RIVER REGION, ALTHOUGH OVER THE YEARS WE HAVE WORKED WITH PEOPLE OUT OF STATE AND IN MANY VIRGINIA COUNTIES. 36660 YOUTH OUTREACH: NEW RIVER LAND TRUST PLAYS AN IMPORTANT ROLE IN CONNECTING LOCAL YOUTH WITH THE BEAUTIFUL LAND AROUND THEM. OUR EDUCATIONAL OUTREACH FOCUSES ON FOUR IMPORTANT AREAS: CONSERVATION CONNECTIONS IN CULTURAL HERITAGE, LOCAL FOOD AND FARM TO TABLE INITIATIVES, WATER QUALITY AND HABITAT DIVERSITY, AND NATURE PLAY AND ENVIRONMENTAL APPRECIATION. OUR YOUTH EDUCATION OUTREACH IS DESIGNED TO INSPIRE STUDENTS TO VALUE THEIR NATURAL SURROUNDINGS AND TO FOSTER RESPONSIBILITY AND STEWARDSHIP OF FARMLAND, FORESTS, AND WATERSHEDS. 355662 true true false false false false true false false true true false true true true false 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 false false false false false true 3 0 6 true false false false false false true true false false false false false false false false X 18 18 false false false false false false false true true false false true true true true true true true false false X THE ORGANIZATION 5409511704 900 SOUTH MAIN STREET BLACKSBURG VA 24060 LAURA BULLARD BOARD MEMBER 1.00 X 0 0 0 CHRIS BARBOUR BOARD MEMBER 1.00 X 0 0 0 D JAMES CHADWICK BOARD MEMBER 1.00 X 0 0 0 ROBERT DAVIE BOARD MEMBER 1.00 X 0 0 0 CAROL DAVIS BOARD MEMBER 1.00 X 0 0 0 TODD FEARER BOARD MEMBER 1.00 X 0 0 0 CHRIS GAINES BOARD MEMBER 1.00 X 0 0 0 JOYCE GRAHAM BOARD MEMBER 1.00 X 0 0 0 MIKE JONES TREASURER 2.00 X X 0 0 0 JASON KARAS SECRETARY 1.00 X X 0 0 0 STEVE KRUGER BOARD MEMBER 1.00 X 0 0 0 CHRISTINE MERRITT BOARD MEMBER 1.00 X 0 0 0 FERNE MOSCHELLA BOARD MEMBER 1.00 X 0 0 0 JIM NEWLIN BOARD MEMBER 1.00 X 0 0 0 RON RORDAM VICE PRESIDE 2.00 X X 0 0 0 JOE POWERS BOARD MEMBER 1.00 X 0 0 0 JAMES SHULER BOARD MEMBER 1.00 X 0 0 0 MARK E WOOLWINE PRESIDENT 2.00 X X 0 0 0 JOHN R EUSTIS EXECUTIVE DI 40.00 X 84038 0 0 84038 false false false 305069 167152 472221 46308 46308 267515 282037 -14522 -14522 -14522 504007 -14522 46308 84039 52018 25851 6170 74339 46014 22867 5458 5600 1200 4400 12176 7914 3290 972 5095 5095 12917 12917 609 26 49 534 6629 2034 837 3758 5966 1459 3435 1072 9651 9651 1979 260 1483 236 925 442 483 630 315 315 3592 605 2987 EASEMENT AND LAN ACQ. 226348 226348 EASEMENT AND LAND ACQ. 7060 7060 OTHER PROGRAM COSTS 5888 5888 MEMBERSHIPS 3400 900 2500 4103 3179 903 21 470946 355662 97063 18221 316530 216629 303 57665 54589 1942 2942 5411 5267 774 144 1360011 1437953 1234236 1404248 2971461 3116505 5062 12785 129000 127000 17397 134062 157182 X 2148383 2281617 689016 677706 2837399 2959323 2971461 3116505 33061 88863 X false true X true false X 883694 704726 593383 749867 472221 3403891 883694 704726 593383 749867 472221 3403891 3403891 41730 23604 53898 47651 46308 213191 23738 23738 3640820 0.93490 0.94560 X PART II, LINE 10 23,738 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 9 1200.65 01 false 800.00 341 true 1447314 101652 206130 1342836 1512430 87000 -152116 1447314 1275186 151075 123169 37000 1512430 824167 401038 79981 30000 1275186 726926 8284 120245 31288 824167 0.61910 0.37760 0.00330 false false 5411 5267 144 144 EQUITIES 777107 F FIXED INCOME SECURITIES 648052 F CASH DEPOSITS 12794 F 1437953 PROPERTY HELD FOR SALE 1386851 RIGHT OF USE ASSETS, NET 17397 1404248 OPERATING LEASE LIABILITY 12242 OPERATING LEASE LIAB - CURRENT 5155 17397 579953 88863 88863 491090 12917 12917 504007 458029 458029 12917 12917 470946 SCHEDULE D, PAGE 1, PART II, LINE 9 NEW RIVER LAND TRUST DOES NOT RECOGNIZE THE CONTRIBUTION OF A CONSERVATION EASEMENT AS REVENUE BUT TREATS IT AS A NONCASH CONTRIBUTION WITH ZERO VALUE. SINCE THE EASEMENT PROVIDES THE LAND TRUST WITH NO AFFIRMATIVE RIGHTS EXCEPT TO MONITOR AND ENFORCE, IT ACTUALLY REPRESENTS A LIABILITY. THE CONVSERVATION EASEMENTS CURRENTLY HELD ARE NOT LISTED ON THE BALANCE SHEET. FORM 990, PAGE 2, PART III, LINE 4A EACH YEAR THE NEW RIVER LAND TRUST, IN PARTNERSHIP WITH THE VIRGINIA OUTDOORS FOUNDATION, OTHER STATE AND FEDERAL GOVERNMENT AGENCIES, AND OTHER CONSERVATION ORGANIZATION, WORKS WITH LANDOWNERS FROM ELLISTON IN MONTGOMERY COUNTY WEST TO COX'S CHAPEL IN GRAYSON COUNTY TO SAVE LARGE TRACTS OF LAND AND FAMILY FARMS IN THE NEW RIVER REGION. A CONSERVATION EASEMENT IS A VOLUNTARY AGREEMENT BY A LANDOWNER THAT PROTECTS HIS OR HER LAND FROM INTENSIVE DEVELOPMENT IN PERPETUITY. CONSERVATION EASEMENTS PROTECT WORKING FOREST LANDS AND VITAL REGIONAL WATER RESOURCES FOR HUMAN, WILDLIFE, AND AQUATIC SPECIES. THE LANDOWNER CONTINUES TO OWN THE FARMLAND OR FOREST AND CAN PURSUE ALL TRADITIONAL USES OF THE LAND, SUCH AS AGRICULTURAL AND TIMBERING. IN EXCHANGE FOR PROTECTING THE LAND'S CONSERVATION VALUES, THE OWNER RECEIVES GENEROUS STATE AND FEDERAL TAX INCENTIVES. IN 2020, THE NEW RIVER LAND TRUST HELPED THREE LANDOWNERS WITH 716 ACRES UNDER CONSERVATION EASEMENTS AND 229 ACRES IN FEE SIMPLE CONSERVATION PROJECTS. THE EASEMENTS INCLUDED A STATE FUNDED PROJECT ON EXTREMELY HIGH VALUE FOREST WITH NOTABLE WATER, NATURAL HERITAGE, AND SCENIC RESOURCES IN GILES COUNTY. THE LAND TRUST DID TWO FEE SIMPLE PURCHASE PROJECTS IN ORDER TO PROTECT HIGH CONSERVATION VALUE LAND IN MONTGOMERY COUNTY. THE MONTGOMERY PROJECT WAS FUNDED WITH GRANT MONEY FROM THE VIRGINIA OUTDOORS FOUNDATION'S FOREST CORE FUND. THE LAND WILL BE TRANSFERRED TO THE TOWN OF BLACKSBURG TO BECOME A FORESTED NATURE PARK IN 2021. THE FEE SIMPLE PROPERTIES WILL BE PERMANENTLY PROTECTED THROUGH THEIR TRANSFER TO THE PUBLIC ENTITIES. ALSO IN 2019, THE NEW RIVER LAND TRUST CONTINUED TO PARTNER WITH LOCAL GOVERNMENTS, REGIONAL ORGANIZATIONS, AND OTHER STAKEHOLDERS IN STRATEGIC PLANNING TO IDENTIFY CRITICAL LANDS AND RESOURCES FOR TARGETED CONSERVATION OUTREACH AND EDUCATION. THESE EFFORTS INCLUDED DEVELOPMENT OF AN UPGRADED GIS SYSTEM THAT CAN BE USED BY STAFF AND BOARD MEMBERS TO QUICKLY IDENTIFY PROPERTIES WITH IMPORTANT CONSERVATION VALUES IN OUR SERVICE AREA. THIS PROJECT CONTINUES THE LAND TRUST'S EFFORTS TO STRATEGICALLY PURSUE ITS MISSION. THE NEW RIVER LAND TRUST'S WORK HELPS BALANCE GROWTH AND DEVELOPMENT WITH CONSERVATION OF REGIONALLY AND LOCALLY IMPORTANT RURAL LANDS AND ASSOCIATED RESOURCES. SINCE 2002, THE NEW RIVER LAND TRUST HAS WORKED WITH 263 LANDOWNERS TO VOLUNTARILY PLACE MORE THAN 56,428 ACRES OF FARMS, FORESTS, OPEN SPACES, AND HISTORIC PLACES IN CONSERVATION EASEMENTS. THIS PROTECTED AREA INCLUDES OVER 27 MILES ALONG THE NEW RIVER, ONE OF THE FOURTEEN AMERICAN HERITAGE RIVERS IN THE COUNTRY AND THE ONLY ONE IN VIRGINIA. THE NEW RIVER AND ITS SURROUNDING APPALACHIAN MOUNTAIN LANDSCAPE ARE DEFINING FEATURES OF THE AREA. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS PREPARED BY THE ACCOUNTANT, WHO ALSO PREPARES THE ORGANIZATION'S FINANCIAL STATEMENTS AS PART OF ITS ANNUAL AUDIT, WITH INPUT AND SUPPORT OF THE EXECUTIVE DIRECTOR AND THE OFFICE ADMINISTRATION STAFF. ONCE A DRAFT VERSION IS SUBSTANTIALLY COMPLETED, IT IS SUBMITTED TO THE BOARD, INCLUDING THE FINANCE COMMITTEE, FOR COMMENT. THESE COMMENTS ARE DISCUSSED AND INCORPORATED AND THEN THE FINAL 990 IS PREPARED BY THE ACCOUNTANT AND SUBMITTED TO THE PRESIDENT FOR SIGNATURE. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBER AND STAFF ORIENTATION SESSIONS COVER CIRCUMSTANCES WHICH MIGHT GIVE RISE TO CONFLICTS OF INTEREST. ALSO, A CONFLICT OF INTEREST DISCLOSURE FORM IS IN PLACE WHICH MUST BE SIGNED BY ALL BOARD AND STAFF MEMBERS. THE CONFLICT OF INTEREST POLICY IS SUBMITTED ANEW EACH YEAR TO THE BOARD AND STAFF WITH TEH GOAL OF BOARD MEMBERS' SELF-MONITORING. THE EXECUTIVE DIRECTOR AND OTHER BOARD MEMBERS ARE MINDFUL OF CIRCUMSTANCES THAT MIGHT GIVE RISE TO FUTURE CONFLICTS OF INTEREST AND ARE INVITED TO BRING THESE TO THE BOARD'S ATTENTION. QUESTIONS ABOUT POTENTIAL CONFLICTS OF INTEREST ARE BROUGHT TO THE LAND TRUST ALLIANCE AND ALSO DISCUSSED BY THE EXECUTIVE DIRECTOR WITH MEMBER OF VAULT (VIRGINIA UNITED LAND TRUSTS), ANOTHER EXEMPT ORGANIZATION OF WHICH THE NRLT IS A MEMBER. FORM 990, PAGE 6, PART VI, LINE 15A EXECUTIVE DIRECTOR COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AS PART OF AN ANNUAL REVIEW PROCESS. FORM 990, PAGE 6, PART VI, LINE 19 ALL SUCH DOCUMENTS ARE AVAILABLE ON REQUEST.