2026-02-04T17:45:07-06:00 2025-09-30 930900579 MCDONALD JACOBS PC 121 SW SALMON ST STE 1100 PORTLAND OR 97204 990 2024-10-01 920155014 THE GREAT LAND TRUST INC GREA 9072784998 715 L STREET 200 ANCHORAGE AK 99501 SARA JANSEN BOARD CHAIR 9072784998 2026-01-29 1 1 KARIN S WANDTKE P00172715 5032270581 2024 2025-03-06 01:10:19Z ELLEN KAZARY 715 L STREET 200 ANCHORAGE AK 99501 4867953 0 X WWW.GREATLANDTRUST.ORG X 1995 AK GREAT LAND'S MISSION IS TO CONSERVE AND STEWARD LANDS AND WATERS ESSENTIAL TO THE QUALITY OF LIFE AND ECONOMIC HEALTH OF ALASKANS. 12 12 7 25 0 0 904491 3770297 330218 181930 524735 505229 -10003 -8171 1749441 4449285 0 0 0 0 659966 662433 0 0 38869 621239 2959480 1281205 3621913 468236 827372 18512962 19949592 5839231 5836339 12673731 14113253 GREAT LAND TRUST'S MISSION IS TO CONSERVE AND STEWARD LANDS AND WATERS ESSENTIAL TO THE QUALITY OF LIFE AND ECONOMIC HEALTH OF ALASKANS. 0 0 2641250 ACQUISITION OF CONSERVATION EASEMENTS AND WETLAND PROPERTY. THIS PROGRAM ALSO INCLUDES PURCHASING PROPERTIES WITH FUNDING FROM DEVELOPERS PAID TO THE TRUST VIA THE IN-LIEU FEE AGREEMENT WITH THE ARMY CORPS OF ENGINEERS. 706523 181930 CONSERVATION OF SOUTHCENTRAL ALASKA'S HABITAT AND ACCESS TO PUBLIC LANDS. GLT HAS COMPLETED 74 PROJECTS AND CONSERVED OVER 57,784 ACRES OF LAND SINCE IT WAS FOUNDED IN 1995. CONSERVATION ACTIVITIES INCLUDE ALL MAPPING AND PRIORITIZATION WORK, LANDOWNER OUTREACH AND COMMUNICATION, PROJECT DEVELOPMENT, SITE SELECTION, SITE VISITS, DUE DILIGENCE ACTIVITIES, REPORT PREPARATION, AND LANDOWNER NEGOTIATIONS. 108753 STEWARDSHIP AND ANNUAL MONITORING OF ALL CONSERVATION EASEMENTS CURRENTLY HELD BY THE GREAT LAND TRUST INCLUDING MEETING WITH LANDOWNERS. ADDITIONAL ACTIVITIES INCLUDE MANAGEMENT OF THE PROPERTY GLT HOLDS IN FEE. 3456526 1 1 0 1 0 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 8 0 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X THE ORGANIZATION 9072784998 715 L STREET SUITE 200 ANCHORAGE AK 99501 SARA JANSEN CHAIR 2.00 X X 0 0 0 JON GOLTZ VICE-CHAIR 2.00 X X 0 0 0 TRACI SCHACHT TREASURER 2.00 X X 0 0 0 ETHAN TYLER SECRETARY 2.00 X X 0 0 0 JOHN BAKER DIRECTOR 2.00 X 0 0 0 DEIDRE BERBERICH DIRECTOR 2.00 X 0 0 0 MARK DALTON DIRECTOR 2.00 X 0 0 0 LARRY HARTIG DIRECTOR 2.00 X 0 0 0 LEAH LEVINGSTON DIRECTOR 2.00 X 0 0 0 REBECCA PILIPCHUK DIRECTOR (LEFT 3/25) 2.00 X 0 0 0 GRETCHEN SPECHT DIRECTOR 2.00 X 0 0 0 LINDSAY HAMMER DIRECTOR (3/25 TO PRESENT) 2.00 X 0 0 0 KIRSTIN BRUNER DIRECTOR (3/25 TO PRESENT) 2.00 X 0 0 0 ELLEN KAZARY EXECUTIVE DIRECTOR 40.00 X 163439 0 14884 DAVID MITCHELL CONSERVATION DIRECTOR 40.00 X 131607 0 14064 AMANDA HULTS LANDS MANAGER & STEWARDSHIP DIRECTOR 40.00 X 106487 0 13386 401533 0 42334 3 0 1 0 0 62871 2799546 907880 365453 3770297 LAND CONSERVATION FEES 900003 181930 181930 181930 464539 464539 451187 410497 40690 40690 40690 0 62871 8171 -8171 -8171 4449285 181930 0 497058 X 176824 144944 26394 5486 380524 313011 55930 11583 14945 12300 2217 428 44908 35437 7777 1694 45232 37308 6562 1362 12042 12042 72086 60536 8321 3229 25144 23591 1553 5592 4277 623 692 5690 4686 831 173 45930 37823 6713 1394 31637 28441 2646 550 1873 1547 56 270 18548 15274 2711 563 8672 7586 899 187 LAND ACQUISITION/DEV 2650550 2650550 LAND MANAGEMENT 28708 28708 OUTREACH 21766 15665 169 5932 TRAINING 7345 7055 220 70 23897 15745 2896 5256 3621913 3456526 126518 38869 143077 12150 5331243 5704033 129384 40724 41422 4180 273824 42818 215740 231006 12535305 13888653 116791 68846 18512962 19949592 48481 57680 5749081 5775594 41669 3065 5839231 5836339 X 4631393 4961569 8042338 9151684 12673731 14113253 18512962 19949592 827372 612150 0 X 0 1 X 1 1 1 X 1123485 1134394 2958862 904491 3770297 9891529 1123485 1134394 2958862 904491 3770297 9891529 364450 9527079 146492 220707 281481 447788 464539 1561007 600 600 11453136 5061512 0.83180 0.84170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 3608188 3608188 330409 82602 0 0 309640 200355 330409 840404 1260606 579 579 77410 50089 82602 210101 315152 X X X 43 11031.00 1 1 1 1052.00 108753 1911263 218116 27892 2101487 1616733 381710 87180 1911263 1438661 188815 10743 1616733 1756907 -304709 13537 1438661 1437781 328374 9248 1756907 0.00000 0.53510 0.46490 0 0 85000 85000 28398 28398 160426 42818 117608 231006 OPERATING LEASE LIABILITIES 3065 3065 X 5045962 612150 1500 8171 621821 4424141 25144 25144 4449285 3606440 1500 8171 9671 3596769 25144 25144 3621913 PART II, LINE 3: DURING THIS TAX YEAR, GLT MODIFIED ONE CONSERVATION EASEMENT. THE MODIFICATION WAS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS FOR COMPLIANCE WITH GLT'S CONSERVATION EASEMENT AMENDMENT POLICY. 1. THE AMENDMENT OF SETTLERS BAY COASTAL PARK CONSERVATION EASEMENT (AMENDMENT) WAS RE-RECORDED ON JUNE 13, 2025 TO CORRECT AN ERROR IN THE PROPERTY'S ACQUISITION & CONSERVATION TITLE INSTRUMENTS RECORDING SEQUENCE TO ACCURATELY REFLECT THE ORDER IN WHICH THE INSTRUMENTS WERE SIGNED BY ALL PARTIES. THE TITLE COMPANY THAT PROVIDED THE PROPERTY TRANSACTION CLOSING SERVICES INADVERTENTLY RECORDED THE AMENDMENT INSTRUMENT, GRANTED TO GLT BY THE MATANUSKA-SUSITNA BOROUGH (MSB), PRIOR TO THE PROPERTY'S WARRANTY DEED IN WHICH THE LAND OWNERSHIP WAS TRANSFERRED TO THE MSB. THEREFORE, IN ORDER TO CORRECT THE ORDER OF RECORDING TO ACCURATELY REFLECT THE PROPERTY'S CHAIN OF TITLE TO AVOID ANY FUTURE PERCEPTION OF CONFLICTS AND TO FURTHER SAFEGUARD THE PROPERTY'S PROTECTION, GLT REQUESTED THAT THE TITLE COMPANY RE-RECORD THE AMENDMENT AFTER THE WARRANTY DEED. THERE WERE NO MODIFICATIONS TO THE AMENDMENT BY THIS ACTION, AND THE CONSERVATION EASEMENT GRANT WAS IN NO WAY DIMINISHED BY THE RE-RECORD. PART II, LINE 5: INSPECTION: GREAT LAND TRUST (GLT) INSPECTS EACH PROPERTY BEFORE ACCEPTING A CONSERVATION EASEMENT. GLT THOROUGHLY EVALUATES WHETHER THE PROPERTY MEETS THE CONSERVATION VALUES AS DEFINED BY THE IRS. DUE DILIGENCE, INCLUDING HAZARDOUS MATERIALS EVALUATION, IS CONDUCTED ON EACH PROPERTY. A BASELINE DOCUMENTATION REPORT IS CREATED FOR EACH CONSERVATION EASEMENT. MONITORING: GLT MONITORS EACH CONSERVATION EASEMENT AT LEAST ONCE ANNUALLY AND RECORDS THE CURRENT CONDITIONS OF THE EASEMENT PROPERTY. PHOTOS AND WRITTEN OBSERVATIONS ARE DOCUMENTED AND CHANGES AND POTENTIAL VIOLATIONS ARE THOROUGHLY DOCUMENTED. GLT MAKES CONTRIBUTIONS TO A STEWARDSHIP ACCOUNT TO FUND THE ANNUAL MONITORING OF EACH CONSERVATION EASEMENT. ENFORCEMENT AND VIOLATION: GLT INTENDS THAT ITS CONSERVATION EASEMENT ENFORCEMENT/VIOLATION POLICY CONFORMS TO ALL REQUIREMENTS OF LAW, THE LAND TRUST ALLIANCE STANDARDS AND PRACTICES, AND ALL OTHER GLT POLICIES. GLT MAINTAINS A CONSERVATION EASEMENT STEWARDSHIP ACCOUNT WHICH IS FUNDED BY EACH CONSERVATION EASEMENT HELD BY GLT. THIS ACCOUNT WILL PROVIDE FUNDS TO LEGALLY ENFORCE VIOLATIONS OF A CONSERVATION EASEMENT HELD BY GLT. THE OVERALL OBJECTIVES OF THE VIOLATION RESPONSE AND ENFORCEMENT ARE AS FOLLOWS: MAINTAIN THE CONSERVATION PURPOSES OF THE CONSERVATION EASEMENTS; MAINTAIN PUBLIC CONFIDENCE IN GLT'S ABILITY TO ENFORCE EASEMENT RESTRICTIONS IN GENERAL AND IN PART AS A DETERRENT TO OTHER POTENTIAL VIOLATORS; PROTECT GLT'S LEGAL RIGHTS AND ECONOMIC INVESTMENT (IF ANY) IN THE CONSERVATION EASEMENT; MAINTAIN THE MOST CONSTRUCTIVE WORKING RELATIONSHIP POSSIBLE WITH THE LANDOWNER; NO ONE PERSON SHOULD MAKE DECISIONS ON WHETHER A VIOLATION HAS OCCURRED OR ON GLT'S RESPONSE; MAINTAIN PROFESSIONALISM AND INTEGRITY. WHERE CONSISTENT WITH THE FOREGOING OBJECTIVES, BALANCE THE HARM CAUSED BY THE VIOLATION WITH THE COST/BENEFIT OF THE SELECTED ENFORCEMENT RESPONSE; USE LITIGATION AS A LAST RESORT AND ONLY WHEN THERE IS A MERITORIOUS LEGAL BASIS FOR JUDICIAL ACTION; AND MAINTAIN CONSISTENT RESPONSES TO SIMILAR CONSERVATION EASEMENT VIOLATIONS. FULL POLICY AVAILABLE UPON REQUEST. PART II, LINE 9: THE TRUST HAS ACQUIRED AND HOLDS A NUMBER OF CONSERVATION EASEMENTS, EACH REPRESENTING A LEGAL INTEREST IN LAND OWNED BY ANOTHER PERSON OR ENTITY. THE EASEMENTS GRANT THE TRUST THE RIGHT TO USE, CONTROL, AND/OR PROTECT THE LAND FOR CONSERVATION PURPOSES. BECAUSE OF THE UNIQUE NATURE OF THESE ASSETS, THE IMPRACTICALITY OF OBTAINING CONSISTENT AND RELIABLE ESTIMATES OF THE VALUES ASCRIBED TO THESE INTERESTS, AND CONSISTENT WITH THE PRACTICES FOLLOWED BY MANY ENVIRONMENTAL LAND TRUSTS, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE AMOUNTS FOR THESE PROPERTY INTERESTS. PART V, LINE 4: THE ENDOWMENT HOLDS LAND, A BARN, OTHER BUILDINGS AND INVESTMENTS FOR THE PURPOSE OF PROTECTING HABITAT FOR SANDHILL CRANES AND OTHER WILDLIFE ON THAT LAND. THE INVESTMENTS ARE INTENDED TO BE HELD IN PERPETUITY AND PROVIDE CASH FLOW FOR THE EXPENDITURES NECESSARY FOR MAINTENANCE AND UPKEEP OF THE PROPERTY. PART X, LINE 2: THE TRUST FOLLOWS THE PROVISIONS OF FASB ASC TOPIC 740 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT HAS EVALUATED THE TRUST'S TAX POSITIONS AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS TOPIC. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES 8,171. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES 8,171. WINTER EVENT 62871 62871 518 6150 1280 223 62871 62871 518 6150 1280 223 8171 -8171 X X 0 0 0 0 0 0 0 0 0 ELLEN KAZARY EXECUTIVE DIRECTOR 154439 0 9000 0 0 0 4633 0 10251 0 178323 0 0 0 X 2 365453 FMV 0 1 0 PART I, COLUMN (B): THE NUMBER OF STOCK DONATIONS WAS DETERMINED BY COUNTING THE INDIVIDUAL DONATIONS OF STOCK RECEIVED. EACH DONATION OF STOCK, REGARDLESS OF THE NUMBER OF SHARES, WAS COUNTED AS ONE CONTRIBUTION. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE 990 AND PROVIDES FEEDBACK TO THE ACCOUNTANT AND TAX PREPARER. THE BOARD REVIEWS THE 990 WITH THE FINANCE COMMITTEE BEFORE IT IS SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH THE POLICY IS BEING CHECKED IN THE BEGINNING OF THE BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15A BOARD ELECTED OFFICERS AND COMMITTEE CHAIRS REVIEW THE EXECUTIVE DIRECTOR'S PERFORMANCE DURING THE ANNUAL REVIEW PROCESS EACH FALL INCLUDING A REVIEW OF THE ED'S COMPENSATION HISTORY. THE LAST REVIEW WAS DONE IN NOVEMBER 2025. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, INCLUDING THE CONFLICT OF INTEREST POLICY, ARE AVAILABLE UPON REQUEST. AUDIT OF FINANCIAL STATEMENTS ARE POSTED ON GLT'S WEBSITE. FORM 990, PART IX,LINE 11F INVESTMENT MANAGEMENT FEES: INVESTMENTS AND NET EARNINGS ON INVESTMENTS ARE PRIMARILY RESTRICTED TO ONGOING LAND STEWARDSHIP ALL OF WHICH IS DIRECTLY RELATED TO PROGRAM SERVICES.