2023-11-03T14:44:43-05:00 2022-12-31 352102008 CNA TAX PROFESSIONALS INC 10475 CROSSPOINT BOULEVARD SUITE 200 INDIANAPOLIS IN 46256 990 2022-01-01 943116010 OPAL COMMUNITY LAND TRUST OPAL 3603763191 PO BOX 1133 EASTSOUND WA 98245 MINOR LILE TREASURER 3603763191 2023-11-01 1 MINOR LILE 999009999 1 SHAWN D DREIMAN CPA P00380913 3178413393 2023-10-18 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MINOR LILE PO BOX 1133 EASTSOUND WA 98245 3990742 0 X WWW.OPALCLT.ORG X 1989 WA THE MISSION OF OPAL COMMUNITY LAND TRUST IS TO HELP SUSTAIN ORCAS ISLAND AS A HEALTHY, ECONOMICALLY DIVERSE COMMUNITY BY PROVIDING PERMANENTLY AFFORDABLE HOMES AND RELATED EDUCATION AND SUPPORT FOR ISLANDERS-FAMILIES, SENIORS AND SINGLES - WHOSE HOUSING NEEDS ARE NOT MET BY THE TRADITIONAL MARKET. 9 9 9 55 0 0 2523830 3285007 551915 591191 123834 102348 -14451 -5606 3185128 3972940 58232 0 0 0 512879 613923 0 0 70774 -42916 500752 528195 1114675 2656933 2858265 30315756 33080547 6435940 6439049 23879816 26641498 X THE MISSION OF OPAL COMMUNITY LAND TRUST IS TO HELP SUSTAIN ORCAS ISLAND AS A HEALTHY, ECONOMICALLY DIVERSE COMMUNITY BY PROVIDING PERMANENTLY AFFORDABLE HOMES AND RELATED EDUCATION AND SUPPORT FOR ISLANDERS-FAMILIES, SENIORS AND SINGLES - WHOSE HOUSING NEEDS ARE NOT MET BY THE TRADITIONAL MARKET. 0 0 168433 111260 HOUSING DEVELOPMENT: DEVELOP LAND AND HOUSES TO RENT OR OWN THAT ARE AFFORDABLE TO LOW TO MODERATE INCOME HOUSEHOLDS. PROVIDE HOUSING COUNSELING AND RELATED SUPPORT SERVICES. 47874 31624 LOAN PROGRAMS: PROVIDE LOANS TO ELIGIBLE HOUSEHOLDS TO ENABLE THEM TO PURCHASE A HOME. 214809 141894 LEASEHOLD STEWARDSHIP: LEASE LAND AND PROVIDE SUPPORT SERVICES TO HOMEOWNERS WHO LEASE LAND FROM OPAL. 463868 306413 RENTAL STEWARDSHIP: MANAGE PROPERTIES OWNED BY OPAL THAT ARE RENTED BE QUALIFIED INDIVIDUALS. 463868 306413 894984 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 726 0 1 9 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X X X ELISABETH BYERS 3603763191 PO BOX 1133 EASTSOUND WA 98245 MARGARET VINSON TRUSTEE 2.00 X 0 0 0 ANNE MARIE SHANKS TRUSTEE 2.00 X 0 0 0 BONNIE BURG TRUSTEE 2.00 X 0 0 0 BOB MORRIS TRUSTEE 2.00 X 0 0 0 RUSTY DIGGS TRUSTEE 2.00 X 0 0 0 ANNE BERTINO SECRETARY 2.00 X 0 0 0 MINOR LILE TREASURER 2.00 X 0 0 0 TIM FULLER PRESIDENT 2.00 X 0 0 0 MARGARET MILLS VICE PRESIDENT 2.00 X 0 0 0 ELISABETH BYERS EXECUTIVE DIR. 40.00 X 110000 0 7976 110000 0 7976 1 0 0 0 0 75627 1200821 2008559 3285007 RENT 531110 393373 393373 LEASE FEES 531110 175570 175570 HOUSE SALES 900099 21052 21052 DEVELOPER FEES 900099 1196 1196 591191 102358 102358 10 -10 -10 -10 0 75627 17792 -17792 -17792 OTHER INCOME 900099 12186 12186 12186 3972940 591191 0 96742 X 117976 70943 36044 10989 495947 298229 151520 46198 2000 904 1096 10914 4933 5981 973962 952106 21856 4206 2265 268 1673 601835 571248 27617 2970 11991 7176 1255 3560 178584 178584 42694 42694 DUES, FEES, & SHARED CO 63615 137159 -78928 5384 FUNDRAISING ADJUSTMENT -17792 -17792 PROPERTY MANAGEMENT -375728 -375728 CAPITALIZAED COSTS -995529 -995529 1114675 894984 148917 70774 719869 1059900 1156980 1089638 5150 50472 133020 10860835 10975047 19209167 1214826 15606793 17994341 1475038 1434090 -103 -157 440722 394668 30315756 33080547 467755 482668 5927518 5911834 40667 44547 6435940 6439049 X 22903125 25640631 976691 1000867 23879816 26641498 30315756 33080547 X 2858265 -94548 -2035 X 0 1 X 1 1 1 X 1734997 1259694 3281975 2523830 3285007 12085503 594660 630294 2421908 551915 591191 4789968 2329657 1889988 5703883 3075745 3876198 16875471 0 0 0 16875471 94006 106822 38772 123834 102358 465792 94006 106822 38772 123834 102358 465792 3774 92815 80842 -14451 12186 175166 2427437 2089625 5823497 3185128 3990742 17516429 0.96340 0.95470 0.02660 0.03430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 7404 0 0 7404 0 PART II-B, LINE 1: OPAL'S TIME ON LOBBYING ACTIVITIES TOTALED A COST OF $7,404 AND 160 HOURS. 636972 30000 -11929 655043 602326 34646 636972 423404 168000 10922 602326 1737046 28156 60645 1402443 423404 1756080 -19034 1737046 0.86000 0.14000 0.00000 0 0 6153172 6153172 13055995 1214826 11841169 17994341 SECURITY DEPOSITS 28347 PREPAID LEASE 16200 44547 X 3896184 -94548 17792 -76756 3972940 0 3972940 1132467 17792 17792 1114675 0 1114675 PART X, LINE 2: OPAL FILES THE REQUIRED FEDERAL AND STATE INFORMATION RETURNS. WHENEVER TAX RETURNS ARE FILED, THE FILING ORGANIZATION MUST EVALUATE THE MERITS OF ITS TAX POSITIONS AND DETERMINE IF THEY WILL BE ULTIMATELY SUSTAINED. THOSE TAX POSITIONS FOR OPAL INCLUDE MAINTAINING THEIR TAX-EXEMPT STATUS AND THE TAXABILITY OF ANY UNRELATED BUSINESS INCOME. OPAL BELIEVES THESE POSITIONS ARE SUSTAINABLE. ALTHOUGH OPAL HAS NOT INCURRED ANY INTEREST AND PENALTIES ASSOCIATED WITH THESE POSITIONS, IT IS THEIR POLICY TO EXPENSE THEM IN THE STATEMENT OF ACTIVITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISER 17,792. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISER 17,792. ONLINE GALA 75627 75627 17792 75627 75627 17792 17792 -17792 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - INDIVIDUALS AND BUSINESSES CAN BECOME MEMBERS OF OPAL COMMUNITY LAND TRUST, BY MAKING A SMALL DONATION. MEMBERSHIPS ARE RENEWED ANNUALLY. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - MEMBERS OF OPAL COMMUNITY LAND TRUST ELECT THE GOVERNING BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - MEMBERS OF OPAL COMMUNITY LAND TRUST APPROVE DECISIONS, AS REQUIRED BY THE ORGANIZATION'S BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE FORM 990 WAS DRAFTED BY OPAL COMMUNTIY LAND TRUST'S AUDITORS. A DRAFT COPY WAS REVIEWED BY THE EXECUTIVE DIRECTOR AND BY MEMBERS OF THE VOLUNTEER BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES COMPLETE A DISCLOSURE STATEMENT. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY INDEPENDENT PERSONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST,POSTED ON OPAL'S WEBSITE, AND ON OTHER WEBSITES. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL EXPENSES: PROGRAM SERVICE EXPENSES 18,026. MANAGEMENT AND GENERAL EXPENSES 21,856. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,882. PROFESSIONAL PROJECT SERVICES: PROGRAM SERVICE EXPENSES 934,080. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 934,080. FORM 990, PART XI, LINE 9: CAPITAL DISTRIBUTION -2,035. LAVENDER HOLLOW LLC PO BOX 1133 EASTSOUND WA 98245 430672551 PROVIDE RENTAL UNITS TO LOW & MODERATE INCOME FAMILIES WA 227215 2063282 OPAL COMMUNITY LAND TRUST APRIL'S GROVE GP LLC PO BOX 1133 EASTSOUND WA 98245 PROVIDE RENTAL UNITS TO LOW & MODERATE INCOME FAMILIES WA -59 1594 OPAL COMMUNITY LAND TRUST APRIL'S GROVE LLLP PO BOX 1133 EASTSOUND WA 98245 822844077 PROVIDE RENTAL UNITS TO LOW & MODERATE INCOME FAMILIES WA OPAL COMMUNITY LAND TRUST -59 1594 0 1 0.00010 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 APRILS GROVE D 9082264 ACTUAL APRILS GROVE D 352077 ACTUAL APRILS GROVE D 5305 ACTUAL APRILS GROVE L 5350 ACTUAL