2026-08-14T11:42:47-05:00 2025-09-30 410746749 CLIFTONLARSONALLEN LLP 915 HIGHLAND POINTE DR SUITE 300 ROSEVILLE CA 95678 990 2024-10-01 471989228 WALKER BASIN CONSERVANCY WALK 7754639887 615 RIVERSIDE DRIVE C RENO NV 89503 KATHRYN LANDRETH TREASURER 7754639887 2026-08-10 1 1 DYLAN VALENTINE P01934033 9167847800 2026-08-10 2024 2025-03-06 01:10:19Z SUDEEP CHANDRA 615 RIVERSIDE DRIVE SUITE C RENO NV 89503 16802130 0 X HTTP://WWW.WALKERBASIN.ORG X 2014 NV PROTECTING AND CONSERVING WATERSHED RESOURCES THROUGHOUT THE WALKER RIVER BASIN. 7 7 81 8 0 0 18483575 16355114 311332 303788 60229 72425 15166 5974 18870302 16737301 0 0 0 0 3537342 2946909 0 0 375638 2801232 3292959 6338574 6239868 12531728 10497433 94757407 124067377 2927708 1253656 91829699 122813721 WALKER BASIN CONSERVANCY IS LEADING THE EFFORT TO RESTORE AND MAINTAIN WALKER LAKE WHILE PROTECTING AGRICULTURAL, ENVIRONMENTAL AND RECREATIONAL INTERESTS THROUGHOUT THE WALKER BASIN. 0 0 5047197 303788 PROTECT WALKER LAKE BY PROTECTING AND CONSERVING WATERSHED RESOURCES BY DOING REVEGETATION, RANCH LAND MANAGEMENT, AND LAND STEWARDSHIP AND CONSERVATION. 5047197 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 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 19 0 1 81 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NV X MICHAEL J O'CARROLL 7754639887 615 RIVERSIDE DRIVE STE C RENO NV 89503 SUDEEP CHANDRA PRESIDENT 10.00 X X 0 0 0 KATHRYN LANDRETH TREASURER 5.00 X X 0 0 0 JOHN PATRICK RICE SECRETARY 5.00 X X 0 0 0 BRUCE AYLWARD LEFT 102024 BOARD MEMBER 2.00 X 0 0 0 STACI EMM BOARD MEMBER 2.00 X 0 0 0 MICHELENE FAIRBANK BOARD MEMBER 2.00 X 0 0 0 JIM LAWRENCE BOARD MEMBER 2.00 X 0 0 0 VIC REDDING BOARD MEMBER 2.00 X 0 0 0 PETER STANTON EXECUTIVE DIRECTOR 40.00 X 159086 0 15635 JESSICA ABBOTT DEPUTY DIRECTOR 40.00 X 107038 0 12409 CARLIE HENNEMAN PRORGAM DIRECTOR 40.00 X 102291 0 8526 368415 0 36570 3 0 1 0 0 72195 15956537 326382 16355114 WATER LEASING INCOME 900099 214975 214975 PLANT SALES 900099 63993 63993 GRAZING FEES 900099 14601 14601 PROGRAM RENTAL INCOME 900099 7077 7077 HAY SALES 900099 3142 3142 303788 13237 13237 59188 0 59188 59188 59188 64829 72195 64829 0 OTHER INCOME 900099 5974 5974 5974 16737301 303788 0 78399 X 196825 161718 24729 10378 2200689 1810328 269961 120400 96227 78085 15035 3107 210316 170662 32862 6792 242852 168993 66792 7067 126155 103539 22616 62195 62195 1059748 892798 166950 145947 122303 23644 186706 176462 10244 60348 16418 43930 EQUIPMENT MANAGEMENT 847462 694423 146015 7024 PROGRAM SUPPLIES 507524 469836 37688 OTHER EXPENSES 296874 181632 99010 16232 6239868 5047197 817033 375638 2411669 738752 322175 340874 382694 305723 8539 0 147472 215690 4607671 1427396 3314434 3180275 88170424 119286063 94757407 124067377 278159 306817 2637243 946027 12306 812 2927708 1253656 X 251200 372185 91578499 122441536 91829699 122813721 94757407 124067377 X 10497433 18470226 2016363 X X 0 1 X 1 1 1 X 16722990 4264272 5194875 18483575 16355114 61020826 16722990 4264272 5194875 18483575 16355114 61020826 61020826 29232 37925 8153 14997 13237 103544 2216 3521 15166 5974 26877 61151247 1683042 0.99790 0.99860 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2021 AMOUNT: $ 2,216. 2022 AMOUNT: $ 3,521. 2023 AMOUNT: $ 15,166. 2024 AMOUNT: $ 5,974. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2544075 2544075 394654 58808 335846 1068404 1004316 64088 600538 364272 236266 3180275 DEPOSITS 4688 WATER RIGHTS 98683236 OPERATING RIGHT OF USE ASSETS 111550 BENEFICIAL INTEREST - TRUST 20486589 119286063 LEASE LIABILITY - OPERATING 812 812 X 18818493 2081192 2081192 16737301 0 16737301 6304697 64829 64829 6239868 0 6239868 PART X, LINE 2: WBC IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT FOR UNRELATED BUSINESS INCOME. WBC HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. UNDER ASC 740, INCOME TAXES, PARAGRAPH 10, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN-NOT THAT THE POSITION WILL BE SUSTAINED. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. WBC HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. FOR THE TAX YEAR ENDED SEPTEMBER 30, 2025. WBC DID NOT RECOGNIZE ANY INTEREST OR PENALTIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST 2,016,363. FUNDRAISING EXPENSES REPORTED NET OF REVENUE 64,829. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED NET OF REVENUE 64,829. NEVADA SKY 121274 57817 63457 63457 FLY FISHING 15750 14378 1372 1372 137024 72195 64829 64829 64829 0 X X X 0 0 0 0 0 0 0 0 0 PETER STANTON EXECUTIVE DIRECTOR 146391 0 12695 0 0 0 9545 0 6090 0 174721 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. MANAGEMENT REVIEWS A COPY OF THE FORM 990 BEFORE IT IS PROVIDED TO THE BOARD OF DIRECTORS. THIS REVIEW IS CONDUCTED PRIOR TO FILING THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY ALL MEMBERS OF THE BOARD OF DIRECTORS AND OFFICERS MUST SIGN AN ANNUAL STATEMENT RELATED TO THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY. IF A PERSON DISCLOSES A POTENTIAL CONFLICT OF INTEREST, THE REMAINING DISINTERESTED MEMBERS OF THE GOVERNING BODY WILL DETERMINE IF AN ACTUAL CONFLICT EXISTS. IN THE EVENT OF AN ACTUAL OR PERCEIVED CONFLICT, THE CONFLICTED INDIVIDUAL IS PRECLUDED FROM PARTICIPATING IN ANY DISCUSSIONS OR DECISIONS RELATED TO THE TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 892,798. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 166,950. TOTAL EXPENSES 1,059,748. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST 2,016,363. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.