2024-09-10T13:08:40-05:00 2023-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1400 PORTLAND OR 97205 990 2023-01-01 852100120 THE MAGIC CANOE INC MAGI 4155953965 PO BOX 5485 PORTLAND OR 97228 LISA J WATT INTERIM EXECUTIVE DIRECTOR 4155953965 2024-09-09 1 1 WENDY CAMPOS P00448102 5032421447 2024-09-09 2023 2024-08-08 14:25:15Z LISA J WATT PO BOX 5485 PORTLAND OR 97228 1633403 0 X WWW.MAGICCANOE.ORG X 2020 OR SUPPORT AND PROMOTE PUBLIC ENGAGEMENT IN REGENERATIVE LOCAL ACTIVITIES INCLUDING COMMUNITY ECONOMIC DEVELOPMENT, ENVIRONMENTAL PROTECTION, CULTURAL PRESERVATION AND EDUCATION IN A BIOREGIONAL SYSTEM OF WATERSHEDS THAT MAKE UP THE NORTH PACIFIC COAST. 6 4 0 5 0 0 100640 2107848 74944 -474630 0 185 2418 0 178002 1633403 7000 10000 0 0 0 9375 0 0 0 479470 145727 486470 165102 -308468 1468301 260370 1728671 0 0 260370 1728671 SUPPORT AND PROMOTE PUBLIC ENGAGEMENT IN REGENERATIVE LOCAL ACTIVITIES INCLUDING COMMUNITY ECONOMIC DEVELOPMENT, ENVIRONMENTAL PROTECTION, CULTURAL PRESERVATION AND EDUCATION IN A BIOREGIONAL SYSTEM OF WATERSHEDS THAT MAKE UP THE NORTH PACIFIC COAST. 0 0 73788 10000 40000 THE EDGE PRIZE INVITED ALL THOSE GROWING HEALTHY COMMUNITIES AND ECOSYSTEMS IN THE SALMON NATION BIOREGION- THE ENTREPRENEUR, THE COMMUNITY CATALYST, THE WISDOM-KEEPER, THE VISIONARY - WHO SEE JUST OVER THE HORIZON BOTH THE CHALLENGES WE'RE FACING, AND WHAT'S NEEDED TO CREATE A MORE CONNECTED AND RESILIENT WORLD. -514630 MAGIC CANOE WORKS IN COLLABORATION WITH SALMON NATION TRUST: A PUBLIC BENEFIT LLC FOCUSED ON WHOLE SYSTEM DESIGN AND INSTIGATION OF CREATIVE INITIATIVES AND COMPANIES THAT IMPROVE THE HEALTH OF THE SALMON NATION BIOREGION. 73788 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 1 1 OR X CHERYL CHEN 4155963965 PO BOX 5485 PORTLAND OR 97228 CHERYL CHEN TREASURER/SECRETARY 10.00 40.00 X X 0 198000 0 IAN GILL CHAIR 10.00 40.00 X X 0 182000 0 LINDA BEHNKEN BOARD MEMBER 1.00 X 0 0 0 LAUREN KICKHAM BOARD MEMBER 1.00 X 0 0 0 RYAN SHEEHY BOARD MEMBER 1.00 X 0 0 0 TERESA WINDSOR BOARD MEMBER 1.00 X 0 0 0 MARY GODDARD EXECUTIVE DIRECTOR STARTING NOV 2023 32.00 X 9375 0 0 9375 380000 0 0 0 1 0 0 2107848 2107848 SERVICE REVENUE 900099 40000 40000 PASSTHROUGH INCOME 541900 -514630 -514630 -474630 185 185 1633403 -474630 0 185 X 10000 10000 9375 9375 4725 4725 85594 48081 37513 563 563 8296 8296 24275 8491 15784 285 285 11365 11365 HONORARIA/STIPEND 7216 7216 MEALS & ENTERTAINMENT 3408 3408 165102 73788 91314 0 259390 442136 1285555 980 980 260370 1728671 0 0 X 0 0 0 0 260370 1728671 260370 1728671 260370 1728671 1468301 0 X 0 0 0 X 597464 100640 2107848 2805952 597464 100640 2107848 2805952 2513254 292698 185 185 2806137 126911 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INVESTMENT IN SALMON NATION TRUST LLC 1285555 C 1285555 1 NORTH AMERICA 0 3 GRANTMAKING AND PROGRAM SERVICES COMMUNICATION, WEBSITE DEVELOPMENT, AND TRAVEL 49822 0 3 0 0 0 3 49822 0 49822 NORTH AMERICA TO PROTECT THE ECOLOGICAL AND CULTURAL DIVERSITY FOUND WITHIN CLAYOQUOT SOUND REGION 10000 WIRE BANK TRANSFER 0 1 1 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS THROUGH VARIOUS CHANNELS SUCH AS DIRECT COMMUNICATION AND RECEIVING ANNUAL OR SEASONAL REPORTS ON THE STATUS OF THE ORGANIZATION OR PROJECT. 0 0 0 0 0 0 0 0 0 CHERYL CHEN TREASURER/SECRETARY 0 198000 0 0 0 0 0 0 0 0 0 198000 0 0 IAN GILL CHAIR 0 182000 0 0 0 0 0 0 0 0 0 182000 0 0 SALMON NATION TRUST BOARD MEMBERS 1800000 INVESTMENT IN A JOINT VENTURE IN WHICH BOARD MEMBERS HAD A SIGNIFICANT FINANCIAL INTEREST, WITH THEIR COMBINED INVESTMENT BEING OVER 35%. 0 FORM 990, PART VI, SECTION A, LINE 2 TWO BOARD MEMBERS HAVE A BUSINESS RELATIONSHIP AS THEY ARE BOTH PARTNERS IN A PUBLIC BENEFIT LLC CALLED SALMON NATION TRUST. FORM 990, PART VI, SECTION B, LINE 11B ONCE DRAFTED, WE SEND THE FORM 990 TO ALL BOARD MEMBERS AND ALLOW THEM AMPLE TIME TO REVIEW AND PROVIDE COMMENTS AND AMENDMENTS. THE FINALIZED THE FORM 990 IS SUBMITTED TIMELY TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY RECEIVE A COPY OF THE CONFLICT OF INTEREST POLICY AND AFFIRM THAT SUCH INDIVIDUAL HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THAT PERSON SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS UNLESS OTHERWISE PROVIDED IN THE BYLAWS. THE BOARD CHAIR SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE UNLESS OTHERWISE PROVIDED IN THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 15 TO DETERMINE THE PAY RATE OF OUR KEY TEAM MEMBERS WE CONDUCTED AN INDUSTRY PAY SCALE STUDY ACROSS VARIOUS GEOGRAPHIES (AS OUR TEAM IS REMOTE) AND DEVELOPED A PAY SCALE FRAMEWORK TO MAKE COMPENSATION TRANSPARENT IN THE ORGANIZATION AND GROUNDED IN RESPONSIBILITIES AND WORK EXPERIENCE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G CONTRACTORS: PROGRAM SERVICE EXPENSES 48,081. MANAGEMENT AND GENERAL EXPENSES 37,513. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 85,594. SALMON NATION TRUST LLC PO BOX 5485 PORTLAND OR 97228 842729958 PROMOTE BIOREGION OF SALMON NATION OR THE MAGIC CANOE RELATED -514445 1285555 0 0 0.52550 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 SALMON NATION TRUST B 1800000 CASH SALMON NATION TRUST L 40000 CASH