2026-03-11T10:18:36-07:00 2025-12-31 990 2025-01-01 522005066 PATUXENT TIDEWATER LAND TR PATU 3018623421 P O Box 1955 Leonardtown MD 20650 Ann Barnes Treasurer 2404348510 2026-03-11 2025 2025-03-06 01:10:19Z Frank Allen 18988 Point Lookout Rd Lexington Park MD 20653 222808 0 X www.ptlt.org X 1996 MD Patuxent Tidewater Land Trust (PTLT) preserves rural lands for current and future generations through conservation easements and environmental stewardship. Two new easements were established in 2025 protecting 240.58 additional acres of land and bringing our total land protected to 7,115.65 acres. (See Schedule O) 8 8 1 40 0 0 32380 71636 18548 75017 64265 76155 0 0 115193 222808 0 0 0 0 61851 88725 0 0 0 9618 8768 71469 97493 43724 125315 689095 1905190 1970 1055241 687125 849949 Patuxent Tidewater Land Trust preserves rural lands for current and future generations through conservation easements, monitoring activities, and environmental stewardship. 0 0 74134 18000 0 Easement Acquisition: PTLT continued to acquire new easements to protect property in Southern Maryland in perpetuity. Two new easements were established in 2025 protecting 240.58 additional acres of land and bringing our total land protected to 7,115.65 acres. PTLT continues to work with the State of Maryland's Rural Legacy (RL) Program, St. Mary's County, and the Department of Defense Readiness and Environmental Protection Integration (REPI) Program to fund projects. PTLT continued working with landowners to place easements on properties within the Huntersville Rural Legacy Area in mid St. Mary's County Maryland. Five easements projects are in work and scheduled to close by December 2026. 2475 0 0 Easement Monitoring: PTLT uses a volunteer team of monitors under the oversight of a volunteer Monitoring Coordinator and the Executive Director. This group identifies and evaluates potential issues on existing easements and completes, files, and distributes monitoring reports for each property. These reports are submitted to the easement co-holders and sponsors. This labor-intensive effort, while not consuming significant funding, is critical to ensuring that the conservation value of the properties is maintained and no easement violations occur. The Maryland Rural Legacy program grants PTLT funds to monitor properties for which they are co-holders. 11545 0 0 Easement Compliance: Due in part to our thorough monitoring program, PTLT has had few easement compliance issues and tries hard to resolve these amicably with landowners. Our volunteer board members investigate, document, and resolve each issue. PTLT holds reserve funds received from the Rural Legacy program in a restricted account and holds insurance to address any violations that would require legal or technical expertise. PTLT continues to follow up with landowners on potential easement issues to help them address emerging problems in a timely manner. PTLT has a policy of requiring easement properties to be free of dumping prior to closing. This ensures our monitors can spot dumping changes on the properties easier. As part of easement compliance, PTLT is also keeping notes on inland erosion which has become an increasing issue in the Huntersville area after Hurricane Isaias in 2020. Examples of compliance issues that have been successfully addressed are vegetative buffer restoration, erosion remediation, and removal of material in violation of dumping restrictions. 0 0 75017 PTLT received the Rural Legacy administrative fee from 4 easement completions in 2025, totaling $75,016.72. This is to be used for future acquisition, monitoring, compliance, and administrative costs. 0 0 75017 88154 1 1 0 0 0 0 1 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 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 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MD X X Ann Barnes 2404348510 P O Box 1955 Leonardtown MD 20650 Abigail Greenwell Easement Manager 40 0 X 82420 0 0 Frank Allen Trustee and President 30 X X 0 0 0 Sarah Houde Trustee and Secretary 5 X X 0 0 0 Ann Barnes Trustee and Treasurer 10 X X 0 0 0 Viv Marek Trustee 2 X 0 0 0 Karen Abrams Trustee 2 X 0 0 0 Fabio Galli Trustee 1 X 0 0 0 Diep Nguyen-van Houtte Trustee 1 X 0 0 0 Fred Tutman Trustee 1 X 0 0 0 82420 0 0 0 0 0 0 0 0 0 0 0 18000 53636 90 71636 75017 75017 0 0 75017 76155 0 0 76155 0 0 0 0 0 0 0 0 0 0 0 0 0 0 222808 75017 0 76155 0 0 0 0 0 0 0 0 82420 76741 5679 0 6305 5838 467 0 1275 1275 1136 56 1080 734 734 244 244 367 367 410 410 4087 3100 987 Event Costs (Bike Rodeo, Weed Warriors) 515 0 515 0 97493 88154 9339 0 9894 193979 843750 36070 522450 459046 529096 689095 1905190 1970 6733 1048508 1970 1055241 X 251479 376795 435646 473154 687125 849949 689095 1905190 X 125315 0 0 0 0 37509 X 0 0 0 X 516545 648549 448294 32290 146653 1792331 516545 648549 448294 32290 146653 1792331 1792331 25 35 78087 64265 76155 218567 0 0 0 0 0 0 2010898 0.89131 0.95024 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 55 7115 0 0 0 1 1 500 14021 1 459046 14248 55802 0 0 0 529096 403638 8674 46734 0 0 0 459046 304949 44984 53705 0 0 0 403638 350577 0 -45598 0 0 0 304979 286144 50000 14433 0 0 0 350577 0.05 0 0.95 0 0 Easement Liabilities - held from sponsors 1048508 1048508 Schedule D, Part II, Line 5 Schedule D, Part II, Line 5 - PTLT organizational policies comply with Maryland requirements and the Land Trust Alliance policies to inspect all easement properties annually. PTLT has a handbook and training manual for its monitors and conducts periodic training sessions to review requirements and processes. A volunteer coordinator, working in conjunction with the Executive Director performs the duties of Monitor Coordinator and ensures that monitor volunteers are trained and that properties are monitored in a timely manner. In 2025 the monitoring process was augmented by hours from a Chesapeake Climate Corps staff member. The monitoring policy and processes cover how to report and resolve easement compliance issues. Volunteers do not participate in the resolution of easement compliance issues Schedule D, Part II, Line 9 Schedule D, Part II, Line 9 - PTLT records all easement related funds as to date received, source, purpose, and date expended. Pass through funds received from DNR and counties are recorded on the balance sheet as temporarily restricted assets until dispersed at settlement. A separate restricted account (long term funds held as required by the Maryland Rural Legacy Program and Open Space sponsors) are held in a separate account from operating funds and appear in the restricted asset accounts on the balance sheet. On 12/31/2025, three major projects have funds held waiting for closing, representing an extraordinary liability as the year ended. All three projects are expected to close in the first half of 2026. Schedule D, Part V, Line 4 The funds are for stewardship and defense of potential violations to conservation easements. For those easements sponsored by the Maryland Rural Legacy Program, any expenditures require the approval of the Rural Legacy board. PTLT also is responsible for monitoring and compliance support for a Maryland Program Open Space easement and holds funds for this purpose. The remaining balance is held for future easement compliance purposes as designated by the PTLT board. Form 990, Part VI, Section B, Line 11b The 990 is emailed to board members and to the executive director for comment prior to submission. Form 990, Part VI, Section B, Line 12c These are reviewed once per year at the annual winter meeting in which next year's budget is reviewed/voted on. Form 990, Part VI, Section B, Line 15 The Board reviewed current compensation data for executive directors of similarly sized land trusts and nonprofit conservation organizations, including organizations with comparable budgets, geographic scope, staff size, and program complexity. Data sources included publicly available IRS Form 990 filings and conversations with other trusts. The Board evaluated the Executive Director's specific responsibilities, leadership requirements, years of experience, performance history, fundraising capacity, and organizational impact. The compensation package was reviewed and approved by a quorum of members of the Board. The Executive Director was not present during deliberations or voting regarding compensation. Form 990, Part VI, Section C, Line 19 All documents are provided to the public upon request. Form 990, Part XI, Line 9 Rural Legacy funds accepted for Program Compliance Costs were accepted into Restricted Account designation in accordance with the Maryland Rural Legacy Program guidelines. PTLT must document that program compliance costs are placed in a special account to be made available only for the purpose of monitoring the specific easements acquired with Rural Legacy funds and addressing easement compliance issues including future possible litigation expenses. In 2025 it was not necessary to utilize any of these restricted funds.