2026-06-29T17:10:39-05:00 2025-12-31 910870697 AIKEN & SANDERS INC PS 324 S MAIN ST UNIT A MONTESANO WA 985634502 990 2025-01-01 911413484 CAPITOL LAND TRUST CAPI 3609433012 PO BOX 14065 TUMWATER WA 98511 BARB MORSON PRESIDENT 3609433012 2026-06-29 1 NIKOLE WELLS CPA P01409848 3605333370 2025 2025-03-06 01:10:19Z BARB MORSON PO BOX 14065 TUMWATER WA 98511 4853152 0 X WWW.CAPITOLLANDTRUST.ORG X 1987 WA LAND AND HABITAT CONSERVATION. 14 14 12 207 0 0 4637659 4577644 0 0 153217 107372 27557 2389 4818433 4687405 0 0 0 0 783982 876851 0 0 156145 611175 811849 1395157 1688700 3423276 2998705 27182483 30600171 583228 529352 26599255 30070819 CLT'S MISSION IS TO CONSERVE AND FOREVER CARE FOR THE LANDS AND WATERS OF THE SOUTH PUGET SOUND AND CHEHALIS BASIN WATERSHEDS. 0 0 1145268 2389 IN 2025, CAPITOL LAND TRUST (CLT) UPDATED THE 5-YR STRATEGIC PLAN WHICH WILL DRIVE FORWARD OUR ONGOING COMMITMENT TO LOCAL LAND CONSERVATION AND STEWARDSHIP. WE CONSERVED FOUR NEW PROPERTIES THAT CONTRIBUTED TO OUR TOTAL OF MORE THAN 6,700 ACRES AND NEARLY 20 MILES OF MARINE SHORELINE NOW PERMENANTLY PROTECTED ACROSS THE SOUTH PUGET SOUND AND CHEHALIS BASIN WATERSHEDS. A NEW ENTRANCE WAS COMPLETED AT BAYSHORE PRESERVE TO ENSUREE SAFE AND WELCOMING ACCESS TO THIS IMPORTANT NATURAL AREA ALLOWING MORE COMMUNITY MEMBERS TO EXPERIENCE THE BENEFITS OF CONSERVATION FOR THEMSELVES. WE CONTINUED TO STRENGTHEN COMMUNITY CONNECTIONS THROUGH VOLUNTEER OPPORTUNITIES, LOCAL PARTNERSHIPS, AND OUTREACH EVENTS, INCLUDING SALMON VIEWING DAYS, STORY TRAILS, YOUTH EDUCATION PROGRAMS AND TRANFORMATIVE GUIDED EXPERIENCES. 1145268 1 1 0 0 0 0 1 0 1 1 1 1 0 0 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 0 0 0 0 0 0 0 0 1 17 0 1 12 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X X THE ORGANIZATION 3609433012 PO BOX 14065 TUMWATER WA 98511 BARB MORSON PRESIDENT 5.00 X X 0 0 0 TEAGUE POWELL VICE-PRESIDENT 5.00 X X 0 0 0 ROBERT BRADLEY TREASURER 5.00 X X 0 0 0 JULIE SANDBERG SECRETARY 5.00 X X 0 0 0 IAN MANN BOARD FELLOW 2.50 X 0 0 0 ANDREA IMLER BOARD MEMBER 2.50 X 0 0 0 PENE SPEAKS BOARD MEMBER 2.50 X 0 0 0 FARRA LAYNE HAYES BOARD MEMBER 2.50 X 0 0 0 LOLA FLORES BOARD MEMBER 2.50 X 0 0 0 EDIE HARDING BOARD MEMBER 2.50 X 0 0 0 SANDY KAISER BOARD MEMBER 2.50 X 0 0 0 HELLE BURLINGAME BOARD MEMBER 2.50 X 0 0 0 CRAIG PARTRIDGE BOARD MEMBER 2.50 X 0 0 0 CRAIG HANSEN BOARD MEMBER 2.50 X 0 0 0 GARY WILBURN BOARD MEMBER 2.50 X 0 0 0 JOSEPH PETERS BOARD MEMBER 2.50 X 0 0 0 DANIEL GARCIA BOARD MEMBER 2.50 X 0 0 0 LUKE BOWERMAN BOARD MEMBER 2.50 X 0 0 0 DAVID WINTER EXECUTIVE DIRECTOR 40.00 X 93143 0 25403 93143 0 25403 0 0 0 0 0 486406 753481 3337757 221910 4577644 273080 273080 39 0 165747 39 -165747 -165708 -165708 MISCELLANEOUS 900099 2389 2389 2389 4687405 2389 0 107372 X 118545 62283 41031 15231 603498 323392 201540 78566 17719 8629 6924 2166 76677 37341 29961 9375 60412 33599 18495 8318 9775 8421 1148 206 264728 232377 27438 4913 553 204 349 64671 28979 9375 26317 6714 5785 788 141 36146 30342 3143 2661 17535 9196 5782 2557 12044 8514 3530 8620 8620 26730 17571 5847 3312 STEWARDSHIP, RESTORATIO 212161 212161 PROPERTY & SMALL EQUIPM 108830 108555 275 INKIND EXPENSE 21910 21910 DUES 13471 5064 6340 2067 7961 4235 3686 40 1688700 1145268 387287 156145 209807 271138 152867 156528 245315 409785 16360 12713 20916243 21008 19057755 20895235 7500379 8852123 2649 27182483 30600171 82439 93162 150789 156190 350000 280000 583228 529352 X 5401512 6649104 21197743 23421715 26599255 30070819 27182483 30600171 X 2998705 472858 1 X X 0 1 X 1 0 X 1543072 3170445 2970983 4638766 4411936 16735202 1543072 3170445 2970983 4638766 4411936 16735202 16735202 44234 45966 144511 152110 273080 659901 2030 1648 2780 27557 2389 36404 17431507 97732 0.96010 0.96820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 43 2917.00 2 1 1 362.00 19908 0 1 X 54878 9499 289 64088 49371 5769 262 54878 42982 6613 224 49371 50899 -7691 226 42982 44379 6757 237 50899 0.39000 0.61000 0 0 20302977 20302977 587027 4892 582135 26239 16116 10123 20895235 PUBLICLY TRADED SECURITIES 8852123 F 8852123 X 5160264 472858 1 472859 4687405 0 4687405 1688700 0 1688700 0 1688700 PART II, LINE 5: THE ORGANIZATION'S POLICY IS TO MONITOR ALL CONSERVATION EASEMENTS ON AN ANNUAL BASIS AND TO ENFORCE THE TERMS OF ALL EASEMENTS, INCLUDING PURSUING LITIGATION IF NECESSARY. PART II, LINE 9: CONSERVATION EASEMENTS ARE NOT ASSIGNED A VALUE IN THE FINANCIAL STATEMENTS AS THEY ARE PERMANENTLY RESTRICTED AND THE ORGANIZATION CONSIDERS THE RESPONSIBILITY AND COST TO MONITOR AND ENFORCE CONSERVATION EASEMENTS AS OUTWEIGHING POTENTIAL VALUE. PART IV, LINE 2B: THE ORGANIZATION ENTERED INTO AN AGREEMENT DURING 2011 WITH THE BLACK HILLS AUDUBON SOCIETY TO ACT AS FUND ADMINISTRATOR FOR A MITIGATION FUND CALLED THE MAYTOWN CONSERVATION FUND. THE ORGANIZATION IS ACTING AS CUSTODIAN OF THE FUND AND PROCESSING INVOICES AND MAKING PAYMENTS ON BEHALF OF THE BLACK HILLS AUDUBON SOCIETY. PART V, LINE 4: TO FUND FUTURE CONSERVATION ACTIVITIES. PART X, LINE 2: THE TRUST IS A TAX EXEMPT NON-PROFIT ORGANIZATION UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. ACCORDINGLY, THE FINANCIAL STATEMENTS DO NOT INCLUDE ANY PROVISION FOR INCOME TAXES. THE TRUST FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE TRUST IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2022. CURRENTLY, THERE ARE NO EXAMINATIONS OR PENDING EXAMINATIONS WITH THE INTERNAL REVENUE SERVICE (IRS) THE TRUST ADOPTED THE PROVISIONS OF FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, ON JANUARY 1, 2009. AS OF DECEMBER 31, 2025, THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL EFFECT ON THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ROUNDING 1. X 1 200000 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S INDEPENDENT ACCOUNTANT PREPARES THE FORM 990 AND PROVIDES TO THE ORGANIZATION. ALL BOARD MEMBERS ARE GIVEN THE OPPORTUNITY TO REVIEW AND APPROVE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C CAPITOL LAND TRUST'S OFFICERS, DIRECTORS AND EMPLOYEES ARE REQUIRED TO DISCLOSE ANY INTEREST THAT COULD GIVE RISE TO CONFLICTS. TO ENSURE COMPLIANCE, THEY MAINTAIN AND PERIODICALLY UPDATE A CONFLICT OF INTEREST POLICY AND ADHERE TO THE LAND TRUST ALLIANCE'S STANDARDS AND PRACTICES. ADDITIONALLY, AS PART OF THE NATIONAL ACCREDITATION PROCESS, CAPITOL LAND TRUST WENT THROUGH A SYSTEMATIC PROCESS DESIGNED TO ENSURE ALL OF ITS POLICIES AND PROCEDURES MEET THE HIGHEST STANDARDS OF EXCELLENCE. FORM 990, PART VI, SECTION B, LINE 15 WAGES ARE BASED ON MARKET WAGES. A MAJORITY OF BOARD MEMBERS AGREE ON COMPENSATION. THE ORGANIZATION DOES NOT HAVE ANY HIGHLY COMPENSATED EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE TO THE PUBLIC UPON A WRITTEN REQUEST TO PO BOX 14065, TUMWATER, WA 98511. REQUESTS MAY ALSO BE MADE TO INFO@CAPITOLLANDTRUST.ORG OR BY PHONE AT 360-943-3012. THE FORM 990 IS ALSO AVAILABLE ON THE ORGANIZATION WEBSITE AT CAPITOLLANDTRUST.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON A WRITTEN REQUEST TO PO BOX 14065, TUMWATER, WA 98511. REQUESTS MAY ALSO BE MADE TO INFO@CAPITOLLANDTRUST.ORG OR BY PHONE AT 360-943-3012. FORM 990, PART IX, LINE 11G CONTRACTED LABOR: PROGRAM SERVICE EXPENSES 31,038. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,038. VARIOUS: PROGRAM SERVICE EXPENSES 201,339. MANAGEMENT AND GENERAL EXPENSES 27,438. FUNDRAISING EXPENSES 4,913. TOTAL EXPENSES 233,690. FORM 990, PART XI, LINE 9: ROUNDING 1. FORM 990, PART XII, LINE 2C NO CHANGE IN OVERSIGHT PROCESS FROM THE PRIOR YEAR.