2024-10-29T20:32:57-05:00 2023-12-31 570776381 WEBSTERROGERS LLP PO BOX 1999 BLUFFTON SC 29910 990 2023-01-01 570905093 SPRING ISLAND TRUST SPRI 8439872127 174 CALLAWASSIE DRIVE OKATIE SC 29910 CHARLES KALMBACH TREASURER 8439872127 2024-10-28 1 0 TABATHA R BELLFLOWERSEA P01314866 8437068440 2024-10-28 2023 2024-10-15 13:58:12Z CHARLES KALMBACH 174 CALLAWASSIE DRIVE OKATIE SC 29910 2282611 0 X WWW.SPRINGISLANDTRUST.ORG X 1987 SC TO INSURE PRESERVATION AND PROTECTION OF THE ISLAND'S ENVIRONMENT AND CULTURAL HISTORY. 11 11 9 0 0 0 1189931 1189888 128774 93596 207624 189797 407086 513027 1933415 1986308 670 21500 0 0 744853 706401 0 0 84310 592460 631268 1337983 1359169 595432 627139 7397597 8548778 41042 42455 7356555 8506323 FOR THE PURPOSE OF MAINTAINING A NATURE PRESERVE, IMPROVING AND PRESERVING THE HABITAT OF RARE ANIMAL SPECIES AND ECOSYSTEMS, PRESERVATION OF AN ENVIRONMENTAL CONSERVANCY, AND PROVIDING FOR EDUCATIONAL AND SCIENTIFIC RESEARCH FOR THE PUBLIC. 0 0 1012504 21500 93596 HABITAT IMPROVEMENTS EXPENSES/NATURE PRESERVE - PRESERVATION OF AN ENVIRONMENTAL CONSERVATORY INCLUDING RARE ANIMAL SPECIES AND ECOSYSTEMS - EDUCATE SPRING ISLAND RESIDENTS TO BE WISE ENVIRONMENTAL STEWARDS OF THEIR PROPERTIES AND SUPPORT SCIENTIFIC RESEARCH THAT LEADS TO MORE EFFECTIVE HABITAT MANAGEMENT ON SPRING ISLAND. 1012504 1 1 0 0 0 0 1 1 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 17 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 0 1 1 0 0 1 0 0 0 0 0 0 SC X CRAIG J SIMONSON 8439872127 174 CALLAWASSIE DRIVE OKATIE SC 29909 BETSY CHAFFIN EMERITUS 1.00 X 0 0 0 DEAN HARRIGAL DIRECTOR 1.00 X 0 0 0 JANE TIERNEY DIRECTOR 1.00 X 0 0 0 RUTHANN RAY DIRECTOR 1.00 X 0 0 0 TOMMY BOYLE DIRECTOR 1.00 X 0 0 0 CARIN SHERMAN DIRECTOR 1.00 X 0 0 0 MIKE WHEELER DIRECTOR 1.00 X 0 0 0 DANCY CASSELL DIRECTOR 1.00 X 0 0 0 GAYLYNN GOLDEN SECRETARY 1.00 X 0 0 0 CHARLES KALMBACH TREASURER 1.00 X 0 0 0 DAVID RICH VICE-CHAIRMAN 1.00 X 0 0 0 SALLY SWIFT CHAIRMAN 5.00 X 0 0 0 ANDREW JONES EXECUTIVE DIRECTOR 40.00 X 141441 0 13103 ANTHONY MILLS NATURALIST 40.00 X 103000 0 3800 244441 0 16903 2 0 1 0 0 1189888 1189888 NATIVE PLANT PROJECT 611710 34036 34036 TRIPS AND TOURS 611710 18982 18982 OTHER PROGRAM REVENUES 611710 17028 17028 MASTER NATURALIST 611710 14475 14475 CAMP SPRING ISLAND 611710 9075 9075 93596 184645 184645 301455 296303 5152 5152 5152 REAL ESTATE REVENUES 531390 508545 508545 RENTAL REVENUE 532000 2850 2850 OTHER REVENUE 900099 1632 1632 513027 1986308 93596 0 702824 21500 21500 156090 128272 20091 7727 550311 455374 68913 26024 83481 83481 70199 50066 12799 7334 32857 12405 16386 4066 31428 31428 4237 2053 2184 97113 29655 28864 38594 100194 100194 67954 67954 SUPPLIES 66570 62443 3562 565 PROPERTY TAXES 25946 24416 1530 LANDSCAPING SUPPLIES 17838 17838 REPAIRS AND MAINTENANCE 14540 3180 11360 18911 5726 13185 1359169 1012504 262355 84310 1657977 1738040 32133 2161603 1018739 1076420 1142864 4663200 5635741 7397597 8548778 27694 6084 13348 36371 41042 42455 X 7176555 8326323 180000 180000 7356555 8506323 7397597 8548778 627139 522629 0 X X 0 1 X 1 0 X 999933 1005821 1181618 1189931 1189888 5567191 159808 103451 79229 128774 93596 564858 1159741 1109272 1260847 1318705 1283484 6132049 0 84455 45752 130207 84455 45752 130207 6001842 83510 51754 624775 492229 697672 1949940 83510 51754 624775 492229 697672 1949940 1243251 1161026 1885622 1810934 1981156 8081989 0.74260 0.80610 0.24130 0.18220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 1 1133.00 0 0 0 1 1 2000.00 0 X 0 3048269 300000 481432 3829701 3002775 45494 3048269 2683648 319127 3002775 2382794 300854 2683648 2005078 377716 2382794 1.00000 0 0 640801 640801 959046 717425 241621 202626 89288 113338 359130 212026 147104 1142864 SALARIES PAYABLE 11139 DUE TO AFFILIATES 25232 36371 X 2508937 522629 522629 1986308 0 1986308 1359169 0 1359169 0 1359169 PART V, LINE 4: THESE FUNDS ARE TO PROVIDE A FINANCIAL BASE TO HELP PROVIDE THE NEEDED FUNDS TO SUSTAIN THE TRUST. PART X, LINE 2: THE TRUST IS A NOT-FOR-PROFIT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). AS SUCH, THE TRUST IS EXEMPT FROM FEDERAL INCOME TAXES EXCEPT ON THE NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. FOR THE YEARS ENDED DECEMBER 31, 2023, THERE WAS NO UNRELATED BUSINESS TAXABLE INCOME AND ACCORDINGLY, THE TRUST INCURRED NO INCOME TAX LIABILITY FOR 2023. THE TRUST BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS AS OF DECEMBER 31, 2023. BECAUSE THE TRUST IS EXEMPT FROM TAXATION UNDER INTERNAL REVENUE CODE 501 (C)(3), IT IS GENERALLY NOT EXPOSED TO INTEREST AND PENALTIES RELATED TO INCOME TAXES. WHEN APPLICABLE, THE TRUST RECONGIZES INTEREST AND PENALTIES PAID RELATED TO TAX OBLIGATIONS AND BENEFITS IN MANAGEMENT AND GENERAL EXPENSES. THE TRUST FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF SOUTH CAROLINA. PART III, LINE 1A: ARTWORK IS GENERALLY RECEIVED THROUGH AN EXCHANGE OF ROOM AND BOARD COSTS PROVIDED THROUGH THE VISITING ARTIST PROGRAM. 1 UNIVERSITY OF SOUTH CAROLINA 1600 HAMPTON ST COLUMBIA SC 29208 576001153 501(C)(3) 10000 0 PROGRAMS CLEMSON UNIVERSITY 110 DANIEL DRIVE CLEMSON SC 29631 570426335 501(C)(3) 10000 0 PROGRAMS X 0 0 0 0 0 0 0 0 0 ANDREW JONES EXECUTIVE DIRECTOR 128441 0 13000 0 0 0 0 0 13103 0 154544 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS COMPOSED OF MEMBERS. ALL PROPERTY OWNERS ON SPRING ISLAND HAVE THE RIGHT TO BE MEMBERS OF SPRING ISLAND TRUST. FORM 990, PART VI, SECTION A, LINE 7A NINE TRUSTEES ARE ELECTED BY THE MEMBERS OF THE TRUST AND SERVE STAGGERED THREE YEAR TERMS. ONE ADDITIONAL TRUSTEEE IS APPOINTED BY BOTH SPRING ISLAND CLUB AND SPRING ISLAND PROPERTY OWNERS ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN IS PREPARED IN CONJUNCTION WITH AN AUDIT OF THE FINANCIAL STATEMENTS. AFTER PREPARATION, AND BEFORE FILING, COPIES OF THE RETURN ARE PROVIDED TO THE EXECUTIVE DIRECTOR AND TREASURER. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION ARRANGEMENTS ARE DETERMINED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS FOR THE AUDIT SPRING ISLAND CLUB 42 MOBLEY OAKS LANE OKATIE SC 29909 570905091 PRIVATE COUNTRY CLUB SC 501(C)(7) 0 SPRING ISLAND PROPERTY OWNERS ASSOCIATION 42 MOBLEY OAKS LANE OKATIE SC 29909 570905361 PROPERTY OWNER ASSOCIATION SC C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0