2023-10-18T09:39:27-05:00 2022-12-31 420714325 RSM US LLP 9801 WASHINGTONIAN BLVD STE 500 GAITHERSBURG MD 20878 990 2022-01-01 621586798 SUSTAINABLE CONSERVATION INC SUST 7035256300 1655 N FORT MYER DR STE 1300 ARLINGTON VA 222093199 JOHN GILBERT TREASURER AND VP 7035256300 2023-10-17 1 JOHN GILBERT 999009999 0 JULIA FLANNERY P00928918 3012963600 2023-10-17 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z LAWRENCE A SELZER 1655 N FORT MYER DR STE 1300 ARLINGTON VA 222093199 9540364 0 X X 1994 MD SUSTAINABLE CONSERVATION, INC WORKS WITH THE CONSERVATION FUND, A NONPROFIT CORPORATION, TO CREATE PARTNERSHIPS WITH THE PRIVATE, NONPROFIT, AND PUBLIC SECTORS TO PROTECT OUR OUTDOOR HERITAGE. 3 0 0 0 0 0 0 21583 3987020 9140080 476 1278 52070 377423 4039566 9540364 0 0 0 0 0 0 0 0 0 1940172 4583382 1940172 4583382 2099394 4956982 38913038 37931335 1354775 1131679 37558263 36799656 SUSTAINABLE CONSERVATION, INC WORKS WITH THE CONSERVATION FUND, A NONPROFIT CORPORATION, TO CREATE PARTNERSHIPS WITH THE PRIVATE, NONPROFIT, AND PUBLIC SECTORS TO PROTECT OUR OUTDOOR HERITAGE. 0 0 4575532 9140080 CONSERVATION REAL ESTATE ACTIVITIES:A SUBSIDIARY OF THE CONSERVATION FUND, SUSTAINABLE CONSERVATION, INC. (SCI) IS FOCUSED ON TACKLING TODAY'S CONSERVATION CHALLENGES WHILE ALSO PROVIDING ECONOMIC BENEFITS TO PEOPLE AND COMMUNITIES. AT THE CORE OF THIS ACTIVITY IS SCI'S PURCHASE OF PRIORITY NATURAL LANDS; ESSENTIAL CULTURAL AND HISTORIC SITES; AND WORKING LANDSCAPES LIKE FORESTS TO PROVIDE TIME FOR PERMANENT CONSERVATION TO BE ACHIEVED. 4575532 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 7 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X JOHN GILBERT 7035256300 1655 N FORT MYER DR STE 1300 ARLINGTON VA 222093199 MICHAEL LEONARD DIRECTOR 1.00 36.50 X 0 78530 33122 SCOTT M TISON DIRECTOR/SECRETARY 1.00 36.50 X X 0 214031 30261 LAWRENCE A SELZER DIRECTOR/PRESIDENT 1.00 36.50 X X 0 667710 92689 JOHN S GILBERT VICE PRESIDENT 6.00 31.50 X 0 416576 49507 DEAN H CANNON VICE PRESIDENT 1.00 36.50 X 0 434829 32182 MONICA GARRISON TREASURER & VP 0.00 37.50 X 0 257536 50098 0 2069212 287859 0 0 1 0 SEEFELDT INC PO BOX 1651 GUALALA CA 95445 CONSTRUCTION SERVICES 238364 1 21564 19 21583 CONSERVATION LAND SALE 531390 6331907 6331907 CARBON SALES 531390 2347625 2347625 TIMBER SALES 531390 383168 383168 LEASE INCOME 531390 77380 77380 9140080 1278 1278 375423 375423 MISCELLANEOUS INCOME 900099 2000 2000 2000 9540364 9140080 0 378701 X 7850 7850 4875 4875 1645691 1645691 13474 13474 142993 142993 3999 3999 CONSERVATION LAND SOLD 2697279 2697279 CLOSING COSTS 40568 40568 OTHER EXPENSES 26653 26653 4583382 4575532 7850 0 6726029 7836693 200 0 0 5112 32186809 30089530 38913038 37931335 1254667 1131679 100108 0 1354775 1131679 X 37558263 36799656 37558263 36799656 38913038 37931335 X 4956982 -5715589 X 0 1 X 1 0 X X 1 THE CONSERVATION FUND 521388917 7 1 5715589 0 1 5715589 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 4875 4875 0 PART II-B, LINE 1: LEGISLATION AND ADVISE ON OTHER LEGISLATION ISSUES. 0 CONSERVATION LAND 30089530 30089530 X 316612000 307071636 307071636 9540364 0 9540364 313541000 308957618 308957618 4583382 0 4583382 PART X, LINE 2: MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE COMBINED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE ORGANIZATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. GENERALLY, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR THE YEARS BEFORE 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: TCF INCLUDED IN CONSOLIDATED FS 307,071,308. ROUNDING TO NEAREST THOUSAND IN FINANCIALS 328. PART XII, LINE 2D - OTHER ADJUSTMENTS: TCF INCLUDED IN CONSOLIDATED FS 308,957,177. ROUNDING TO NEAREST THOUSAND IN FINANCIALS 441. 0 1 0 0 0 0 0 0 0 LAWRENCE A SELZER DIRECTOR/PRESIDENT 0 456606 0 209520 0 1584 0 55500 0 37189 0 760399 0 0 DEAN H CANNON VICE PRESIDENT 0 295781 0 136000 0 3048 0 29698 0 2484 0 467011 0 0 JOHN S GILBERT VICE PRESIDENT 0 289544 0 126000 0 1032 0 29581 0 19926 0 466083 0 0 MONICA GARRISON TREASURER & VP 0 204504 0 52000 0 1032 0 21617 0 28481 0 307634 0 0 SCOTT M TISON DIRECTOR/SECRETARY 0 179791 0 34000 0 240 0 18142 0 12119 0 244292 0 0 PART I, LINE 4B THE CONSERVATION FUND (TCF) MAINTAINS A NONQUALIFIED SUPPLEMENTAL RETIREMENT PLAN THAT CALLS FOR ACCRUING $25,000 PER YEAR FOR THE CEO OF THE ORGANIZATION. THE ANNUAL COST OF $25,000 IS RECOGNIZED IN THE ORGANIZATION'S FINANCIAL RECORDS EACH YEAR, BUT PURSUANT TO IRS RULES THE CONTRIBUTIONS ARE NOT COUNTED AS TAXABLE INCOME UNTIL THEY ARE DISTRIBUTED TO THE CEO. UNDER THE PLAN, ACCRUED AMOUNTS ARE TO BE DISTRIBUTED TO THE CEO IN SPECIFIED INTERVALS WHEN THE CEO REACHES CERTAIN AGES IF HE IS STILL EMPLOYED BY THE ORGANIZATION, OR UPON HIS DEATH OR PERMANENT DISABILITY, AND ARE FORFEITED IF THERE IS A TERMINATION OF EMPLOYMENT PRIOR TO A DISTRIBUTABLE EVENT. THE NEXT DISTRIBUTION IS EXPECTED IN THE YEAR ENDING 12/31/25. FORM 990, PART VI, SECTION A, LINE 6 THE CONSERVATION FUND IS THE SOLE STOCKHOLDER. FORM 990, PART VI, SECTION A, LINE 7A THE CONSERVATION FUND HAS THE POWER TO APPOINT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE INDEPENDENT AUDITING FIRM ENGAGED TO CONDUCT AN ANNUAL AUDIT OF THE FINANCIAL STATEMENTS AND POSITION OF SUSTAINABLE CONSERVATION, INC (SCI) IS ENGAGED TO ASSIST IN THE PREPARATION OF THE FORM 990. THE CHIEF FINANCIAL OFFICER AND STAFF OF THE CONSERVATION FUND, SCI'S PARENT ORGANIZATION, DIRECTLY PARTICIPATE IN THE PREPARATION OF THE FORM, DRAFTING RESPONSES TO QUESTIONS, AND REVIEWING THE FORM 990 IN DRAFT. SUBSEQUENT TO THE REVIEW AND REVISION PROCESS, THE FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW, THEN FINALIZED AND FILED WITH THE IRS. ONCE FILED, A COPY OF THE FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A BOARD RESOLUTION ADOPTING ALL POLICIES OF THE CONSERVATION FUND, ITS RELATED ORGANIZATION. BELOW IS THE CONFLICT OF INTEREST POLICY OF THE CONSERVATION FUND: CONFLICT POLICY COPIES ARE PROVIDED TO EACH DIRECTOR AND OFFICER AT A REGULAR BOARD MEETING EACH YEAR OR VIA U.S. MAIL. EACH SUCH PERSON MUST SIGN AND RETURN THE FORM TO INDICATE THAT HE/SHE/THEY HAVE READ THE POLICY AND UNDERSTANDS THE DUTIES UNDER IT. FORM 990, PART VI, SECTION B, LINE 15 SUSTAINABLE CONSERVATION INC. DOES NOT HAVE ANY DIRECT EMPLOYEES, RATHER, EMPLOYEES OF THE CONSERVATION FUND ("THE FUND") PERFORM THE ESSENTIAL PROGRAM AND MANAGEMENT DUTIES. THE FUND USES AN OUTSIDE THIRD PARTY COMPENSATION STUDY TO EVALUATE COMPENSATION LEVELS FOR ITS CEO/PRESIDENT AND KEY OFFICERS EVERY THREE TO FOUR YEARS. THE FUND'S GOVERNANCE COMMITTEE APPROVES COMPENSATION AMOUNTS FOR THE CEO/PRESIDENT INDIVIDUALLY AND FOR THE CORPORATE OFFICERS AS A GROUP. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST FOR THE PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART IX, LINE 11G CONTRACTUAL SERVICES: PROGRAM SERVICE EXPENSES 1,645,691. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,645,691. FORM 990, PART XI, LINE 9: DIVIDEND TO THE CONSERVATION FUND -5,715,589. NEW FOREST FUND IV LLC 1655 N FORT MYER DR STE 1300 ARLINGTON VA 22209 462385809 CONSERVATION DE 3621 7912688 SUSTAINABLE CONSERVATION INC WF-EAST GRAND WOODLANDS INVESTMENT FUND LLC 1655 N FORT MYER DR STE 1300 ARLINGTON VA 22209 CONSERVATION DE 0 0 SUSTAINABLE CONSERVATION INC THE CONSERVATION FUND 1655 N FORT MYER DR STE 1300 ARLINGTON VA 22209 521388917 CONSERVATION MD 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0