2025-09-02T17:46:55-07:00 2025-06-30 822980638 Kemp CPA PLLC 25 N Liberty St Asheville NC 28801 990EZ 2024-07-01 820550844 Southeast Regional Land Conservancy Inc SOUT 8289892892 PO Box 18556 Asheville NC 28814 Garry Whisnant Chairman 2025-09-02 true true Amy Kemp P01525077 8289892892 X 2024 2025-03-06 01:10:19Z X X www.serlc.org X X X 0 0 0 0 0 12250 6066 24 776 19116 -19116 481747 462631 X 20665 1549 461082 461082 481747 462631 481747 462631 ENVIRONMENTAL PRESERVATION SINCE TRANSFERRING ITS EASEMENTS TO FOOTHILLS LAND CONSERVANCY IN OCTOBER, 2023, THE ORGANIZATION HAS BEEN DORMANT. PER THE TRANSFER AGREEMENT, IT WILL REMAIN IN EXISTANCE UNTIL OCTOBER, 2026, AT WHICH TIME IT WILL TERMINATE ALL OPERATIONS. Garry Whisnant Chairman 0.50 0 Carl Nyberg Secretary 0.10 0 Amy Kemp Treasurer 1.50 0 5625 HANNAH RANDALL INTERIM EXEC DIRECTOR 3.00 12250 false false false false false false false 0 0 0 false 0 0 false Kemp CPA PLLC 25 N Liberty St Asheville NC 28801 8289892892 false false false false false false false false false false false NONE NONE true X 377750 492508 14000 884258 164938 103974 21546 290458 0 0 0 542688 596482 35546 1174716 0 122090 65224 9000 196314 122090 65224 9000 196314 978402 55825 97931 103156 256912 0 55825 97931 103156 256912 0 0 598513 694413 138702 1431628 X 0.00000 0.00000 Other Expenses.1002 Office Expenses $321 Other Expenses.1 BANK FEES $455 Other Assets.1 ESCROW FUND - Beginning $461082 ESCROW FUND - Ending $461082 Form 990-EZ Part I, Line 20 FOLLOWING THE TRANSFER OF CONSERVATION EASEMENTS AND OTHER ASSETS TO FOOTHILLS LAND CONSERVANCY IN 2023, THE ORGANIZATION ESTABLISHED AN ESCROW ARRANGEMENT FUNDED TO COVER REASONABLE WIND-UP, LEGAL, AND ASSOCIATED FEES. THIS ESCROW WILL REMAIN IN EFFECT UNTIL OCTOBER 1, 2026, AND IS DESIGNATED FOR EXPENSES RELATED TO DEFENSE, RESPONSE, OR ASSISTANCE AS NEEDED. THE ESCROW FUND WILL CONTINUE TO BE REFLECTED ON THE ORGANIZATION'S BOOKS AS A BOARD-DESIGNATED RESTRICTED NET ASSET, AS IS APPROPRIATE ACCOUNTING TREATMENT PER FASB ASC 958-205.