2025-02-06T10:32:59-07:00 2024-09-30 990 2023-10-01 731688340 THE LIVING RIVER RESTORATION TRUST LIVI 7575004579 5215 Colley Avenue Suite 119 Norfolk VA 23508 Mary Ann Saunders Chairperson 7575601142 2025-02-06 1 2023 2025-03-06 01:10:19Z Coastal Virginia Conservancy Helen Kuhns 5215 Colley Avenue Suite 119 Norfolk VA 23508 311836 0 X www.covaconserve.org X 2004 VA The Conservancy works to restore the environmental quality of the Elizabeth River by removing legacy contaminates and pollution. It conserves the river and adjacent tributaries for future beneficial use and resiliency. 13 13 1 100 0 0 81443 157211 3510 45600 94387 108881 0 144 179340 311836 0 0 0 0 93072 65462 0 0 21535 238065 218792 331137 284254 -151797 27582 2551938 2819390 11318 9277 2540620 2810113 The Trust works to restore the environmental quality of the Elizabeth River by removing legacy contaminants and conserving the river and its tributaries for future beneficial uses and resiliency. 0 0 179780 95676 45600 Restoring waterways by removing pollutants and mitigating their impacts on the Elizabeth River and its tributaries. Specific work done during the year ending September 30, 2024 included:(a) long-term monitoring of improvements made to Paradise Creek and (b) applying for subaqueous bottom credits for mitigation work at Paradise Creek. 20364 39370 0 Conservation - Conservation activities include acquisition of easements adjoining waterways in the Hampton Roads watershed. Activities also include inspection and maintenance of easements. 0 0 0 200144 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 1 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 0 0 VA X Mike Hall 7576351974 5215 Colley Avenue Suite 119 Norfolk VA 23508 Helen W Kuhns Executive Director 40 X 29231 0 0 Eliabeth Friel Executive Director (resigned 01/2024) 40 X X X 26745 0 0 Jody Wagner Trustee 4 0 X 0 0 0 Joseph J Thomas Trustee 4 0 X 0 0 0 Mary Ann Saunders Chairperson 15 0 X X 0 0 0 Edward Wolcott Jr Vice Chair 5 X X 0 0 0 Steven Jenkins Treasurer 5 0 X X 0 0 0 Jennifer Cool Secretary 5 0 X X 0 0 0 Willard Robbins Trustee, Past Chair 5 X X 0 0 0 Mary-Carson Saunders Stiff Trustee 0 0 X 0 0 0 Audrey Cotnior Trustee 8 0 X 0 0 0 Lauren C Rose Trustee 4 0 X 0 0 0 Christopher A Pocta Trustee 4 X 0 0 0 Myles Pocta Trustee 4 X 0 0 0 Karen Schaffer Trustee 4 X 0 0 0 55976 0 0 0 1 0 0 0 0 0 25822 0 39372 92017 0 157211 Sediment Restoration 900099 45600 45600 0 0 0 0 0 0 45600 69126 69126 0 0 0 0 0 0 0 0 0 0 0 0 39755 0 0 0 39755 0 39755 0 0 39755 25822 144 144 0 0 144 311836 114870 0 39755 X 0 0 0 0 0 0 0 0 60345 17192 43153 0 0 0 0 0 465 44 421 0 0 0 0 0 0 0 0 0 4652 1319 3333 0 3785 3785 5684 3518 2166 0 0 13070 11968 1102 0 132085 132085 5292 2218 3074 12487 8427 4060 3803 2845 958 0 17845 16117 1728 Supplies 425 126 299 0 Memberships and subscriptions 2076 500 1576 Service charges 114 0 114 0 Miscellaneous 591 0 591 0 21535 21535 284254 200144 62575 21535 46963 66693 1692230 1666680 250 0 0 0 0 0 0 0 0 0 0 0 2100 2100 809400 1082922 0 0 0 995 995 2551938 2819390 11318 9277 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11318 9277 X 241764 260795 2298856 2549318 2540620 2810113 2551938 2819390 27582 242160 0 0 -249 0 X 0 0 0 X 70722 84091 48375 81443 157211 441842 0 0 0 0 0 0 0 0 0 0 0 0 70722 84091 48375 81443 157211 441842 0 441842 51430 174831 116890 82066 69126 494343 0 0 0 0 0 0 0 0 0 0 45600 45600 981785 0.45004 0.41837 X Schedule A, Part II, Line 10 Sale of mitigation credits. In this case, a local shipyard purchased mitigation credits to offset environmental degradation that will be caused by capital expansions. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 13 1236.6 0 0 0 1 1 221.00 17298 1 Schedule D, Part II, Line 5 The Trust maintains and enforces a written policy that requires annual monitoring and inspections of the conservation easements it holds. Property owners are notified of any violations. Subsequent inspection is conducted to ensure compliance. Schedule D, Part II, Line 9 The trust records costs of each conservation easement as expenditures at the time payment is due. Funding for support of easements is recognized as income when collected. Ongoing cost for enforcement and protection of easements is reported as operating expenses. Historically, the value of easements is not reported as an asset on the trust's financial reports. Annual Gala 25822 0 25822 0 4500 1732 7528 800 6975 0 0 25822 0 25822 0 4500 1732 7528 800 6975 21535 4287 X 0 0 0 0 0 0 0 0 0 Helen W Kuhns Executive Director 29231 0 0 0 0 0 0 0 0 0 29231 0 0 0 Eliabeth Friel Executive Director (resigned 01/2024) 26745 0 0 0 0 0 0 0 0 0 26745 0 86458 0 Form 990, Part VI, Section A, Line 2 (1) Chairperson Mary Ann Saunders and trustee Mary-Carson Stiff are cousins by marriage and (2) trustee Christopher Pocta is the son of trustee Myles Pocta and an employee of vice chairman Edward Wolcott. Form 990, Part VI, Section A, Line 8b Committees provide written recommendations to the govening body Form 990, Part VI, Section B, Line 11b Form 990 was completed by the treasurer, a certified public accountant who has experience with preparation if corporate tax returns. The return is reviewed with the executive director and by the trust's president (signer). Form 990, Part VI, Section B, Line 12c Generally, compliance with the trust's conflict of interest policy is the responsibility of each board member. However, the trust monitors its own actions and does not engage in contracts with individual board members or with firms in which any board member has an equity interest. Form 990, Part VI, Section B, Line 15 The salary of the executive director was determined by the members of the Trust's board of trustees based on their experience in recruiting individuals with similar qualifications. The executive director's pay was established independently by the board before an offer of employment was extended. Form 990, Part VI, Section C, Line 19 The trust's form 990 and the conflict-of-interest policy is available upon request. Form 990, Part IX, Line 11g Contract services for oyster bed restoration and pollution mitigation. Costs include $8,337 for engineering, $54,437 for testing services, and $63,040 for the mitigation consultant (design, etc.). Another $6,721 was spent on the oyster reef.