2026-08-03T10:33:16-05:00 2025-12-31 273858252 DEAN DORTON ALLEN FORD PLLC 4130 PARKLAKE AVE STE 400 RALEIGH NC 27612 990 2025-01-01 561134204 ASSOCIATION FOR THE PRESERVATION OF THE ENO RIVER VALLEY INC ASSO 9196209099 4404 GUESS ROAD DURHAM NC 27712 RYAN FEHRMAN EXECUTIVE DIRECTOR 9196209099 2026-08-03 1 MICHELLE FOOTE P01387279 9198792909 2025 2025-03-06 01:10:19Z RYAN FEHRMAN 4404 GUESS ROAD DURHAM NC 27712 1729252 0 X WWW.ENORIVER.ORG X 1975 NC TO CONSERVE AND PROTECT THE NATURAL, HISTORICAL, AND CULTURAL RESOURCES OF THE ENO RIVER BASIN. 16 16 31 1350 0 0 1893817 1183415 583938 452578 154968 92268 0 0 2632723 1728261 0 0 0 0 922412 806458 0 0 206384 1624517 808387 2546929 1614845 85794 113416 11791645 7993482 28579 10665 11763066 7982817 X TO CONSERVE AND PROTECT THE NATURAL, HISTORICAL, AND CULTURAL RESOURCES OF THE ENO RIVER BASIN. 0 0 1155883 452578 IN 2025 THE ENO RIVER ASSOCIATION (ERA) COMPLETED THE THIRD YEAR OF ITS FIVE YEAR STRATEGIC PLAN. MAJOR ACCOMPLISHMENTS RELATED TO OUR LAND & STEWARDSHIP WORK INCLUDE THE TRANSFER OF THE HISTORIC OCCONEECHEE SPEEDWAY TO ENO RIVER STATE PARK AND SUPPORT FOR CLEANUP AND RECOVERY EFFORTS TO ADDRESS THE IMPACTS OF TROPICAL DEPRESSION CHANTAL. OVER THE COURSE OF THE YEAR, ERA PROTECTED 335 ACRES OF NEW LAND IN THE ENO WATERSHED, AND HELD 95 STEWARDSHIP WORKDAYS THAT RESULTED IN OVER 2000 POUNDS OF TRASH BEING REMOVED, 774 NATIVE PLANTS PLANTED, AND 28 ACRES OF HABITAT RESTORED. ERA'S ENVIRONMENTAL EDUCATION WORK CONTINUED TO THRIVE WITH 28 SCHOOL PROGRAMS, 44 PROGRAM EVENTS, AND 30 DIFFERENT EDUCATION PARTNERS. ERA'S SIGNATURE EVENT, THE FESTIVAL FOR THE ENO, HOSTED OVER 21,000 ATTENDEES IN 2025 WITH OVER 650 VOLUNTEERS CONTRIBUTING OVER 2900 VOLUNTEER HOURS. 1155883 1 1 0 0 0 0 1 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 76 0 1 31 1 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X X X THE ORGANIZATION 9196209099 4404 GUESS ROAD DURHAM NC 27712 LINDSAY DUNCAN PRESIDENT 3.00 X X 0 0 0 ELLEN RECKHOW VICE-PRESIDENT 2.00 X X 0 0 0 EMILY FRIEDMAN TREASURER 2.00 X X 0 0 0 WENDY KUHN SECRETARY 1.50 X X 0 0 0 CAROL CHARPING DIRECTOR 1.00 X 0 0 0 MEL GILLES DIRECTOR 1.00 X 0 0 0 HELEN KALEVAS DIRECTOR 1.00 X 0 0 0 TARA FIKES DIRECTOR 1.00 X 0 0 0 BRIAN POWELL DIRECTOR 1.00 X 0 0 0 DELPHINE SELLARS DIRECTOR 1.00 X 0 0 0 DAVID SINGLETON DIRECTOR 1.00 X 0 0 0 JANET STEELE DIRECTOR 1.00 X 0 0 0 KENDALL GLAZE DIRECTOR 1.00 X 0 0 0 XAVIER VALLEJO DIRECTOR 1.00 X 0 0 0 JENN WEAVER DIRECTOR 1.00 X 0 0 0 GEORGE PARKER DIRECTOR 1.00 X 0 0 0 RYAN FEHRMAN EXECUTIVE DIRECTOR 40.00 X 94231 0 11312 94231 0 11312 0 0 0 0 0 124817 1058598 193875 1183415 FESTIVAL REVENUE 900099 262302 262302 MERCHANDISE SALES 900099 152129 152129 OTHER PROGRAM REVENUE 900099 38147 38147 452578 93259 93259 991 -991 -991 -991 1728261 452578 0 92268 105544 26386 52772 26386 596032 397203 78125 120704 7591 6229 1362 41003 27361 5345 8297 56288 34304 10223 11761 17969 11254 6628 87 18425 11540 6796 89 72859 45632 26873 354 40574 27512 255 12807 29971 7143 7078 15750 12640 481 12159 35996 33508 2444 44 20273 12000 8273 30379 13417 16962 LAND PROTECTION AND STE 197320 197320 FESTIVAL SITE EXPENSES 106787 106787 COST OF MERCHANDISE 70345 70224 121 SUPPLIES & MATERIALS 61272 59579 349 1344 93577 68003 18296 7278 1614845 1155883 252578 206384 278048 235842 158478 73751 2580 10546 658592 261078 356983 397514 2645458 3038528 8350098 4237301 11791645 7993482 28579 10665 28579 10665 X 8998090 5538088 2764976 2444729 11763066 7982817 11791645 7993482 X 113416 219133 -4112798 0 X 0 1 X 1 0 X 1065224 668648 623735 1893817 1183884 5435308 578796 690538 646765 583938 452578 2952615 1644020 1359186 1270500 2477755 1636462 8387923 0 0 0 8387923 43082 11011 90349 169068 93259 406769 43082 11011 90349 169068 93259 406769 1687102 1370197 1360849 2646823 1729721 8794692 0.95370 0.96150 0.04630 0.03850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 19 1418.00 1 1 147.00 6991 574575 224452 350123 84017 36626 47391 397514 CONSERVANCY LAND AND EASEMENTS 4237301 4237301 X 1947863 219133 469 219602 1728261 0 1728261 1615314 469 469 1614845 0 1614845 PART II, LINE 9: CONSERVATION EASEMENTS ARE RECORDED AT COST IF PURCHASED OR AT FAIR VALUE AT THE DATE OF ACQUISTION, IF ALL OR PART OF THE LAND WAS RECEIVED AS A DONATION. FAIR VALUE IS GENERALLY DETERMINED BY APPRAISAL AT THE TIME OF ACQUISITION AND IS NOT SUBSEQUENTLY ADJUSTED. PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ASSOCIATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). IN THE NORMAL COURSE OF BUSINESS, THE ASSOCIATION IS SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES. ALTHOUGH THE OUTCOME OF TAX AUDITS IS ALWAYS UNCERTAIN, MANAGEMENT BELIEVES THAT THERE ARE NO SIGNIFICANT UNRECOGNIZED TAX LIABILTIES AS OF YEAR END. THE ASSOCIATION FILES FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM TAX) AS REQUIRED BY LAW. X 1 193875 APPRAISAL 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 ANY PERSON IN THE GENERAL PUBLIC MAY PURCHASE A MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A PERSONS ON THE BOARD OF DIRECTORS MAY BE ELECTED BY THE MEMBERSHIP AT THE ANNUAL MEETING OR VACANCIES MAY BE FILLED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS HAVE THE AUTHORITY TO APPROVE BYLAW CHANGES OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S POLICY OF FINANCIAL DUTIES OF THE EXECUTIVE DIRECTOR, TREASURER, AUDIT & FINANCE COMMITTEE, AND BOARD OF DIRECTORS AUTHORIZES AND DIRECTS THE ORGANIZATION'S AUDIT & FINANCE COMMITTEE TO OVERSEE THE WORK OF THE AUDITOR, REVIEW THE 990 BEFORE FILING WITH THE IRS, AND PRESENT AUDITED FINANCIAL STATEMENTS TO THE BOARD OF DIRECTORS. IN ACCORDANCE WITH THIS POLICY THIS FORM 990 WAS REVIEWED AND APPROVED BY THE ORGANIZATION'S AUDIT & FINANCE COMMITTEE AND MADE AVAILABLE TO THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD AND STAFF MEMBER IS REQUIRED TO SIGN AN ACKNOWLEDGEMENT THAT THEY HAVE READ AND UNDERSTAND THE POLICY, AND THEY WILL COMPLY WITH IT. AT EACH MEETING OF THE BOARD OF DIRECTORS, THERE IS A FORMAL PLACE ON THE AGENDA WHERE BOARD MEMBERS AND EXECUTIVE DIRECTOR ARE ASKED IF THEY HAVE ANY CONFLICT OR POTENTIAL CONFLICTS OF INTEREST TO DISCLOSE. THE MINUTES OF THE BOARD MEETING REFLECT WHETHER ANY CONFLICTS OR POTENTIAL CONFLICTS WERE REPORTED. THE INDIVIDUAL WITH THE CONFLICT OR POTENTIAL CONFLICT IS REQUESTED TO LEAVE THE MEETING WHILE THE REMAINING BOARD MEMBERS DISCUSS AND MAKE A DECISION ABOUT WHETHER THE CONFLICT OR POTENTIAL CONFLICT EXISTS. THE MINUTES OF THE BOARD MEETING REFLECT THE DECISION AND HOW SUCH MATTERS WERE ADDRESSED IF APPLICABLE. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED BY THE PERSONNEL COMMITTEE ANNUALLY, WHICH MAKES A REPORT TO THE BOARD OF DIRECTORS. INFORMATION IS GATHERED FROM OTHER NC NON-PROFIT LAND TRUSTS ABOUT COMPARABLE EXECUTIVE DIRECTOR SALARIES. INCREASED COMPENSATION NOT ALREADY IN THE ORGANIZATION'S ADOPTED BUDGET, INCLUDING RAISES AND BONUSES, MUST BE APPROVED BY THE BOARD OF DIRECTORS. OTHER THAN THE EXECUTIVE DIRECTOR, THERE ARE NO OTHER EMPLOYEES WITH SUBSTANTIAL AUTHORITY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 8: ON JANUARY 1, 2025, THE ASSOCIATION CHANGED ITS METHOD OF VALUING LAND EASEMENTS. IN ALL PRIOR YEARS, LAND EASEMENTS WERE VALUED AT COST OR AT FAIR VALUE AT THE DATE OF ACQUISITION ON THE STATEMENT OF FINANCIAL POSITION. AS OF JANUARY 1, 2025, LAND EASEMENTS ARE NO LONGER VALUED ON THE STATEMENT OF FINANCIAL POSITION AND ARE EXPENSED IF PURCHASED OR RECORDED AS AN IN-KIND CONTRIBUTION AND OFFSETTING PROGRAM EXPENSE IF DONATED. THE NEW METHOD OF ACCOUNTING FOR LAND EASEMENTS WAS ADOPTED BECAUSE THE EASEMENTS DO NOT REPRESENT A FUTURE ECONOMIC BENEFIT TO THE ASSOCIATION.