2025-02-20T14:03:31-08:00 2024-06-30 202571677 CORLISS & SOLOMON PLLC 242 CHARLOTTE ST SUITE 1 ASHEVILLE NC 28801 990 2023-07-01 621098890 Southern Appalachian Highlands Conservancy SOUT 8282530095 372 Merrimon Avenue Asheville NC 28801 Carl Silverstein Executive Director 8282530095 2025-02-20 true true Todd Oldenburg P02281691 8282360206 2025-02-20 2023 2025-03-06 01:10:19Z Carl Silverstein 372 Merrimon Avenue Asheville NC 28801 47987542 false X www.appalachian.org X 1974 NC To conserve the unique plant and animal habitat, clean water, farmland, scenic beauty, and places for all people to enjoy outdoor recreation in the mountains of North Carolina and Tennessee, enduring for future generations. 14 14 25 431 91412 0 10856052 47063165 16743 39190 64255 722180 25199 158207 10962249 47982742 820872 182463 0 1491619 1707655 0 128496 1469620 2335685 3782111 4225803 7180138 43756939 80376793 125041070 1522634 1438705 78854159 123602365 To conserve the unique plant and animal habitat, clean water, farmland, scenic beauty, and places for all people to enjoy outdoor recreation in the mountains of North Carolina and Tennessee, enduring for future generations. Continued-see schedule O. false false 3798563 182463 39190 Over the past fiscal year we completed 14 major conservation transactions discussed below which protected 8,812 acres of key mountain lands. This includes 8 fee simple purchases, 5 conservation easement purchases, and 1 assist transaction. The total value of the 14 transactions was $42.5 million. Landowner donation value was $1.9 million. The purchase price of the transactions was $39 million. At times the organization purchases land below appraised value in transactions that were not planned to be bargain purchases. In this tax year that difference totaled $0.2 million. The $3.3 million purchase prices came in the form of private philanthropic contributions and federal and state grants. We are now working on more than 50 significant transactions, which we hope will protect another 8,000 acres in the next 12-18 months. One particular transaction included above was the 7,500 acre South Yellow Mountain Preserves. Its donated value was $36.7 million. Our Farmland Access Program supports local communities, local food production, and the long-term productive use of farmland. We work with different members of the farming community to ensure that our agricultural resources stay productive - providing local food from local farms. We continue to work toward our goals to Protect and Steward land, and to advance opportunities for access to land, in order to carry out SAHCs Vision and Mission. . Our Connecting People with Nature program connects people with land for outdoor recreation, health, fitness, well-being and learning. We led 75 outings for over 1,000 people to protected places - hiking over 260 miles of trails. 3798563 true true false false false false true false false true true false false true false true true true false false false false false false false false false true false true false false false false false false false false true true false false true false false false false false true 40 0 true 25 true true true false false false false false false false false false false false false X 14 14 false false false false false false false true true false false true true true true true true true false false NC FL GA SC AL TN VA OR X Lisa Fancher 8282530095 372 Merrimon Ave Asheville NC 28801 Carl Silverstein Executive Director 40.00 X 129667 0 39717 Kristy Urguhart Associate Director 40.00 X 119052 0 30964 Nancy Edgerton President 2.00 X X 0 0 0 Sheryl Aikman Vice President 2.00 X X 0 0 0 Pam Kelley Treasurer 2.00 X X 0 0 0 Tom Williams Secretary 2.00 X 0 0 0 Sarah Davis Board Member 1.00 X 0 0 0 Mary Fanslow Board Member 1.00 X 0 0 0 Kevin Fitzgerald Board Member 1.00 X 0 0 0 Janet Garret Board Member 1.00 X 0 0 0 John McLendon Board Member 1.00 X 0 0 0 Maria Palamar Board Member 1.00 X 0 0 0 Larry Pender Board Member 1.00 X 0 0 0 Rich Preyer Board Member 1.00 X 0 0 0 Chris Soto Board Member 1.00 X 0 0 0 Allison Williams Board Member 1.00 X 0 0 0 248719 0 70681 2 false true false Kee Mapping Surveying P O Box 2566 Asheville NC 28802 Surveying 196250 Gary L Gouge 9918 NC 261 Bakersville NC 28705 Contruction repairs/ facility improvements 212481 2 X 7356 370411 46685398 39111724 47063165 Mitigation Credits Earned 531390 16830 0 0 Monitoring Contracts 541900 22060 0 0 Workshop 999999 300 0 0 39190 335044 0 335044 116846 0 116846 116846 91412 25434 387136 387136 387136 0 0 387136 7356 1724 4800 -3076 -3076 Other Income 900099 8198 8198 0 0 Present Value Discount Amortization 900099 36239 36239 0 0 44437 47982742 83627 91412 744538 182463 182463 337156 272698 32229 32229 1124229 1015524 60845 47860 25165 22198 1639 1328 115833 102156 7495 6182 105272 92802 6715 5755 57261 57191 70 0 23455 0 23455 0 72686 0 72686 0 103683 83683 7281 12719 14073 9486 4587 0 72547 54289 13289 4969 58326 41346 16871 109 12088 11014 537 537 14791 10781 3786 224 157852 144702 13150 0 62458 46478 15485 495 Below Book Value Land Sales 0 0 0 0 Surveys, Appraisals, ESA 537329 537329 0 0 Stewardship and Trails 82268 82268 0 0 Conservation Easement Purchases 756939 756939 0 0 309929 275216 18624 16089 4225803 3798563 298744 128496 217938 100926 4047334 4203019 251260 60900 115720 132550 26035 26746 104813665 1046173 63921176 103767492 3375443 7678785 8421887 9070652 80376793 125041070 26821 34385 79875 1415938 1404320 1522634 1438705 X 15766748 18616293 63087411 104986072 78854159 123602365 80376793 125041070 43756939 991267 X false true X true false X 0 0 18642280 8529531 12032835 10856052 47063165 97123863 202077 28512 35918 20321 40914 327742 8221 0 8221 0 18844357 8558043 12076974 10876373 47104079 97459826 0 0 2662703 1731022 0 4393725 0 0 0 0 2662703 1731022 0 4393725 93066101 212432 257908 314604 311190 451890 1548024 212432 257908 314604 311190 451890 1548024 7162 24679 254 395 44437 76927 99084777 0.93930 0.89730 0.01560 0.02260 X Pt III Ln 12 Other Income Part III, Line 12 Description: Miscellaneous 2019: 7162. 2020: 24679. 2021: 254. 2022: 395. 2023: 44437. Description: Sale of Land - net RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 178 36815.00 8 2 true 6194.00 253951 true 8374089 515205 1176747 369683 58541 9637817 5923406 2302650 410397 218338 44026 8374089 4592114 2470328 -897823 193880 47333 5923406 4135591 0 601087 118861 25703 4592114 3992459 223000 109808 155490 34186 4135591 0.21120 0.78880 true false 0 100392682 100392682 4063792 858760 3205032 211248 115620 95628 145943 71793 74150 103767492 Funds/Endowments held by Community Foundation 6991796 Land Assets Subject to Life Estate, Net 2059555 Mitigation Bank Escrow Accounts 19301 9070652 X 48933669 991267 27546 4800 1023613 47910056 72686 72686 47982742 4185463 27546 4800 32346 4153117 72686 72686 4225803 Pt II, Line 5 SAHC has a conservation easement monitoring & enforcement policy thats been adopted based on guidelines set forth by the Land Trust Alliance through its accreditation process. Monitoring is performed by a Land Stewardship Coordinator. SAHC has enforcement capability & maintains a legal defense fund. Pt II, Line 9 SAHCs policy related to reporting of conservation easements as stated in the audit is as follows: Easements received by donation are not recognized in assets or in income, and easements purchased are expensed. Pt V, Line 4 To generate income for conservation easement stewardship, land acquisition and other conservation purposes consistent with the purpose and terms of each endowment fund. Pt X, Line 2 SAHC is exempt from federal income taxes under 501(c)(3) of the Internal Revenue Code. Under the Code, however, income from certain activities not related to an organizations tax-exempt purpose may be subject to taxation as unrelated business income. SAHC had income from unrelated business activities during the 2023-24 fiscal year and is therefore required to file Federal Form 990-T (Exempt Organization Business Income Tax Return). SAHC anticipates that there will be no tax due on its 990-T. It believes that it has appropriate support for all tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. Pt XI, Line 2d Cost of Goods Sold $4,800, Pt XII, Line 2d Cost of Goods Sold $4,800, Pt II, Line 3 Eight easments were modified, ditinguished, released, or terminated. true NC Dept of Administration 1321 Mail Service Center Raleigh NC 27699 111111111 136213 Land Conservation Bonesteel Films Inc 117 Bell Rd Asheville NC 28801 582250749 46250 George Masa documentary 1 0 false false false false false false false false false Carl Silverstein 150017 0 0 0 0 0 4501 0 14866 0 169384 0 0 0 Kristy Urguhart 133033 0 0 0 0 0 3991 0 12992 0 150016 0 0 0 X 12 121351 Stock Market Value 0 X 7 38986985 Appraisal Value X Supplies 5 3388 Fair Market Value false true false Pt I Line 33 SAHC does not carry conservation easements as assets on the organizations books. Accordingly, donated conservation easements are not recognized as revenue. Pt VI, Line 11b The 990 is prepared by independent accountants, reviewed by management, presented to the Finance Committee for review, and once approved, presented to the entire Board for review and comment. Pt VI, Line 12c All Trustee members and staff must sign an annual conflict of interest statement acknowledging that they understand the policy and procedures. As part of this policy there is a disclosure procedure if there is knowledge of a possible conflict of interest. Pt VI, Line 15a Compensation to the Executive Director is determined by the board with survey analysis of other land trusts and nonprofit organizations Pt VI, Line 18 Forms 990 are available on the IRS website and the websites of many charity watch organizations and upon request. Form 1023 is available upon request. Pt VI, Line 19 Governing documents, conflict of interest policy & financial statements are available upon request. Other Mission Statement continued: We achieve this through long-term conservation relationships with private landowners and public agencies and owning and managing land. We are committed to creating and supporting equitable, healthy and thriving communities for everyone in our region. Pt VIII Line 6b - Rental expenses are detailed in Form 990-T. AFFP LLC 372 Merrimon Avenue Asheville NC 28801 621098890 Conservation Project NC 105682 2243310 Southern Appalachian Highlands Conservancy SYMP LLC 372 Merrimon Ave Asheville NC 28801 621098890 Conservation Project NC 0 36761421 Southern Appalachian Highlands Conservancy