2025-11-15T10:42:40-07:00 2023-12-31 990 2023-01-01 821312679 FRIENDS OF THE CONCORD - LAKE SUNAPEE RAIL TRAIL FRIE 6037480340 PO Box 610 Warner NH 032780610 Timothy Blagden Board President 6037480340 2024-11-22 1 2023 2025-03-06 01:10:19Z Timothy S Blagden PO BOX 610 WARNER NH 03278 347964 0 X https://clsrt.org X 2017 NH The mission of the Friends of the Concord - Lake Sunapee Rail Trail is to build and maintain a 34 mile multi-use trail through the New Hampshire municipalities of Concord, Hopkinton, Warner, Sutton, Bradford and Newbury. 7 6 0 32 0 0 84482 347964 0 0 0 0 9117 0 93599 347964 0 0 0 0 0 0 0 0 0 47831 48308 47831 48308 45768 299656 259660 559316 0 0 259660 559316 The mission of the Friends of the Concord - Lake Sunapee Rail Trail is to build and maintain a 34 mile multi-use trail through the municipalities of Concord, Hopkinton, Warner, Sutton, Bradford and Newbury. 0 0 28535 0 0 Phase 3 of the Fisherville Rd to Carter Hill Rd project in Concord was completed. 3500 0 0 Fee for Appraisals of easements. 0 0 0 We only had two projects this year. 0 0 0 All other projects. 0 0 0 32035 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 X 7 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 NH X X Jim Sherman 5089891104 PO Box 610 Warner NH 032780610 Timothy S Blagden Board President 40 X X 0 0 0 Kristen M Riley Secretary 3 X X 0 0 0 James F Sherman Treasurer 5 X X 0 0 0 Derek Lick Board Member 3 X 0 0 0 Fred Nystrom Board Member 2 X 0 0 0 David White Board Member 3 X 0 0 0 Darryl Parker Board Member 3 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 347964 29100 347964 0 0 0 0 0 0 0 347964 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1925 1925 3600 3500 100 0 80 0 80 0 808 0 808 0 2090 0 2090 0 10910 0 10910 2285 0 2285 Expenses incurred in building segments of the rail trail 26610 26610 0 0 48308 32035 16273 0 89252 364591 103723 37648 70858 66075 99550 128650 259660 559316 0 0 0 0 0 0 0 0 0 0 X 100387 400043 159273 159273 259660 559316 259660 559316 299656 0 0 0 0 0 X 0 0 0 X 160649 228194 82207 93599 318664 883313 0 0 0 0 0 0 0 0 160649 228194 82207 93599 318664 883313 883313 0 0 0 0 0 0 0 0 0 0 883313 1 0.99969 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 20 32 0 0 0 1 1 20 0 1 0 0 0 0 0 0 0 0 0 0 0 103723 0 37648 66075 0 0 0 0 66075 Schedule D, Part II, Line 5 Friends of Concord-Lake Sunapee Rail Trails has the following policy for easement inspections: Each easement is inspected annually. Land owners will be notified in advance and invited to attend the official monitoring walks. FLSRT will complete an Inspection Report and provide a copy to the landowner and retain a copy in the Easement files. The report lists the date of inspection, town, map and parcel, current owner and conditions found during the inspection. If any violations of the easement conditions are determined, the landowners will be notified in writing and given the opportunity to remedy the violation. If any violations remain un-addressed, they may be referred to legal counsel for further action. Schedule D, Part II, Line 9 Values for real estate easements are determined by an independent appraiser. We hold these gifts of conservation easements as Non-Current Intangible Assets, Permanently Restricted Gifts of Conservation Easements. X Gifts of Easements-Current Year 8 29100 Appraisal 0 0 1 0 Form 990, Part VI, Section A, Line 2 Timothy S. Blagden and Kristen M. Riley are husband and wife Form 990, Part VI, Section B, Line 11b A copy of the return was provided to board members for review and discussion at a board meeting. Form 990, Part VI, Section B, Line 12c Periodically we ask board members to disclose any potential conflict of interest during board meetings. Form 990, Part VI, Section C, Line 19 We make our documents available upon request and we post our Form 990 on GUIDESTAR.ORG. Form 990, Part IX, Line 11g 3500 for Fee for appraiser of easements. And $100 in permits and licenses. Our all-volunteer nonprofit respectfully requests abatement of 2023 Form 990 late filing penalties due to reasonable cause. The organization has a consistent history of timely and compliant filings, including prior Gold Star status with Guidestar. The 2023 return was drafted and ready for review in August 2024. Before final submission, the volunteer board president's mother passed away on September 2, 2024, and he became executor of her estate, requiring significant time and attention. In addition, the organization's contracted bookkeeper resigned in 2023 to undergo cancer treatment, causing unavoidable delays in completing the 2023 financial statements and transitioning accounting duties. As a small charitable organization managed entirely by an unpaid volunteer board with no administrative staff, these events created unforeseen hardship. At all times, the board acted in good faith and exercised ordinary business care and prudence. The board president reasonably believed the 2023 Form 990 had been filed after review. While preparing the 2024 return, the board discovered the 2023 return had not been officially submitted and immediately took corrective action. The 2023 return is now being filed promptly, and the 2024 return remains on schedule for timely filing by November 15, 2025. The organization has strengthened internal procedures to prevent recurrence, including dual verification before submission, a compliance checklist, and automated filing reminders shared with all board officers. The late filing was unintentional and due solely to extraordinary personal and administrative challenges. The organization respectfully requests full abatement of any penalties under IRC Section 6652(c)(3) for reasonable cause.