2025-03-07T07:12:11-06:00 2024-06-30 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2023-07-01 222559576 ADIRONDACK LAND TRUST INC ADIR 5185762400 PO BOX 130 KEENE NY 12942 TIMOTHY FRITZINGER TREASURER 5185762400 2025-03-07 1 1 PATRICK J MARTIN P00283486 4012742001 2025-03-06 2023 2025-03-06 01:10:19Z X MICHAEL CARR PO BOX 130 KEENE NY 12942 8089741 0 X WWW.ADIRONDACKLANDTRUST.ORG X 1984 NY TO FOREVER CONSERVE THE FORESTS, (CONTINUED ON SCHEDULE O)FARMLANDS, WATERS AND WILD PLACES THAT ADVANCE THE QUALITY OF LIFE OF OUR COMMUNITIES AND THE ECOLOGICAL INTEGRITY OF THE ADIRONDACKS. 22 22 15 75 0 0 8140462 6557757 0 0 -111452 390212 298 10762 8029308 6958731 0 0 0 0 1240275 1405948 0 0 406351 558929 928661 1799204 2334609 6230104 4624122 24273616 30673280 608615 290862 23665001 30382418 X TO FOREVER CONSERVE THE FORESTS, FARMLANDS, WATERS AND WILD PLACES THAT ADVANCE THE QUALITY OF LIFE OF OUR COMMUNITIES AND THE ECOLOGICAL INTEGRITY OF THE ADIRONDACKS. 0 0 1034570 LAND CONSERVATION PROGRAM: THE ADIRONDACK LAND TRUST (ALT) CONSERVATION PROGRAM FOCUSES ON THE EFFICIENT AND EFFECTIVE CONSERVATION OF LANDS THAT FURTHER OUR MISSION AND THEIR LONG-TERM STEWARDSHIP AND WELL-BEING. OUR PROGRAM AREA COVERS NEARLY SEVEN MILLION ACRES CENTERED IN THE ADIRONDACK PARK AND INCLUDES NORTHERN CLINTON AND FRANKLIN COUNTIES, THE UPPER BLACK RIVER VALLEY TO THE WEST, AND THE UPPER CHAMPLAIN BASIN TO THE EAST. LAND PROTECTION INCLUDES FEE SIMPLE TITLE ACQUISITION OF LANDS AS ALT PRESERVES OR AS ADDITIONS TO THE PUBLIC LANDS OF THE ADIRONDACK PARK AND CONSERVATION EASEMENT ACQUISITION TO PERMANENTLY PROTECT PRIVATE FARMS AND FORESTS. IN FY2024, ALT COMPLETED TWO FEE SIMPLE LAND PROTECTION PROJECTS (CONTINUED ON SCHEDULE O)INCLUDING THE ACQUISITION OF A 187-ACRE TRACT ON ADIRONDACK LOJ ROAD IN NORTH ELBA THAT PROTECTS ONE OF THE MOST ICONIC VIEWS OF THE HIGH PEAKS IN THE ADIRONDACKS. IN ADDITION, ALT PRESERVED TWO, MULTI-GENERATIONAL FARMS TOTALING 293 ACRES THAT ENSURED THE LONG-TERM PROTECTION OF PRODUCTIVE FARMLAND AND THE WATER QUALITY OF ADJACENT STREAMS AND RIVERS. TOTAL LAND AND CONSERVATION EASEMENT STEWARDSHIP RESPONSIBILITIES FOR FY2024 INCLUDED MANAGEMENT OF 15 FEE SIMPLE TITLE LANDS TOTALING 1,191 ACRES, AND 56 CONSERVATION EASEMENTS THAT PROTECT 16,788 ACRES. STEWARDSHIP OF THE CONSERVATION EASEMENT PORTFOLIO INCLUDED ASSISTING SEVERAL EASEMENT LANDOWNERS TO BETTER MANAGE THEIR LANDS AND WORKING WITH A FEW OTHERS TO CORRECT CONSERVATION EASEMENT VIOLATIONS. STEWARDSHIP ON FEE OWNED LANDS INCLUDED THE PLANNING TO MAKE IMPROVEMENTS TO OUR GLENVIEW AND HIGH MEADOW PRESERVES IN PREPARATION FOR OPENING THEM TO PUBLIC ACCESS, AND THE OVERSIGHT OF SEVERAL PROPERTIES IN PREPARATION FOR THEIR TRANSFER TO NYS FOR INCLUSION IN THE FOREST PRESERVE. 627608 OUTREACH AND EDUCATION PROGRAM: THE ADIRONDACK LAND TRUST (ALT) OUTREACH AND EDUCATION PROGRAM FOCUSES ON EDUCATING THE PUBLIC ABOUT THE VALUE OF LAND CONSERVATION IN THE ADIRONDACK REGION. IT ENABLES MUCH OF OUR LAND CONSERVATION WORK BECAUSE IT INSPIRES AND EMPOWERS LANDOWNERS TO TAKE STEPS TOWARD SUSTAINABLE MANAGEMENT AND A SUSTAINABLE FUTURE FOR THEIR LANDS; PUBLICIZES THE BROAD BENEFITS OF LAND CONSERVATION; BUILDS PARTNERSHIPS WITH COMMUNITIES, STATE AGENCIES AND OTHER ORGANIZATIONS; AND PROMOTES A LAND CONSERVATION ETHIC THROUGHOUT THE ADIRONDACKS. ACCOMPLISHMENTS OF THE PAST YEAR INCLUDE EDUCATIONAL FIELD TRIPS TO PROTECTED LANDS TO INCREASE ENGAGEMENT IN CONSERVATION AND THE OUTDOORS; DISSEMINATING INFORMATION ABOUT THE (CONTINUED ON SCHEDULE O)DISPARITY OF WILDLAND TRAIL ACCESS FOR PEOPLE WITH DISABILITIES AND STEPS ALT IS TAKING TO MAKE MORE CONSERVED LAND ACCESSIBLE TO MORE PEOPLE; PARTNERING WITH LOCAL LIBRARIES TO PROVIDE FREE BIRDWATCHING FIELD KITS THAT CAN BE CHECKED OUT LIKE A BOOK; WORKING WITH LOCAL STAKEHOLDERS TO MAKE MAJOR UPGRADES TO A POPULAR HIKING TRAIL IN LAKE PLACID ESTIMATED TO ATTRACT MORE THAN 15,000 HIKERS PER YEAR; REFINING A CULTURAL DUE DILIGENCE PROCESS TO INCORPORATE CULTURAL HISTORY INTO LAND PROTECTION PRACTICES; CONTINUING TO FACILITATE CONNECTIONS TO NATURE THROUGH TRAIL CAMERA FOOTAGE OF WILDLIFE; AND HOSTING CONSERVATION-FOCUSED VIRTUAL EVENTS ATTENDED BY HUNDREDS OF PEOPLE. STAFF ALSO ADVISE AND COLLABORATE VIA THE NEW YORK STATE FOREST PRESERVE ADVISORY COMMITTEE, ADIRONDACK FOOD SYSTEM NETWORK, AND OTHER ONGOING PARTNERSHIPS TO STRENGTHEN ENVIRONMENTAL STEWARDSHIP, IDENTIFY WILD LAND AND FARMLAND PROTECTION PRIORITIES, AND IMPROVE QUALITY OF LIFE IN THE ADIRONDACK REGION. 1662178 1 1 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 29 0 1 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY AL AK AR CA CO CT FL HI IL KS KY ME MD MA MI MN MS NC ND NH NJ NM NV OH OK OR PA RI SC TN UT VA WA WV WI X X SUSIE RUNYON 5185762400 PO BOX 130 2861 NYS ROUTE 73 KEENE NY 12942 WILLIAM PATERNOTTE CHAIR 4.00 X X 0 0 0 STEPHEN BURRINGTON CHAIR 4.00 X X 0 0 0 JONATHAN S LINEN VICE CHAIR (TO 8/23) 2.50 X X 0 0 0 DAVID HENLE VICE CHAIR 2.50 X X 0 0 0 ELIZABETH MCLANAHAN VICE CHAIR 1.00 X X 0 0 0 TIMOTHY FRITZINGER TREASURER 2.50 X X 0 0 0 ANNE STUZIN SECRETARY 2.50 X X 0 0 0 BARBARA GLASER DIRECTOR 1.00 X 0 0 0 ELIZABETH FOLWELL DIRECTOR 1.00 X 0 0 0 HEIDI KRETSER DIRECTOR 1.00 X 0 0 0 DAVID BRUNNER DIRECTOR 1.00 X 0 0 0 CHARLES CANHAM DIRECTOR 1.00 X 0 0 0 VINNY MCCLELLAND DIRECTOR 1.00 X 0 0 0 JOE MARTENS DIRECTOR 1.00 X 0 0 0 AMY MCCUNE DIRECTOR 1.00 X 0 0 0 LISA GUIDE DIRECTOR 1.00 X 0 0 0 HOLLY RIPPON-BUTLER DIRECTOR 1.00 X 0 0 0 JULIE WILLIS DIRECTOR 1.00 X 0 0 0 BRIAN MAJESKI DIRECTOR 1.00 X 0 0 0 PETER PAINE DIRECTOR 1.00 X 0 0 0 CATHY MCGRAW DIRECTOR 1.00 X 0 0 0 DONELLA RAPIER DIRECTOR (FROM 11/23) 1.00 X 0 0 0 ROBERT TRAINOR DIRECTOR (FROM 8/23) 1.00 X 0 0 0 MICHAEL CARR EXECUTIVE DIRECTOR 40.00 X 171560 0 24450 NANCY VAN WIE DIRECTOR OF PHILANTHROPY 40.00 X 132449 0 30617 304009 0 55067 2 0 1 0 TAHAWUS TRAILS 30 MAIN STREET ACCORD NY 12404 TRAIL DESIGN 174598 1 6557757 102874 6557757 390568 390568 1130654 1131010 -356 -356 -356 OTHER REVENUE 900099 10762 10762 10762 6958731 10406 0 390568 X 382049 164271 77677 140101 786963 547467 79348 160148 51132 36614 4690 9828 102294 69366 11990 20938 83510 51638 10969 20903 80799 80799 23282 23282 396626 379506 6368 10752 91180 91180 130681 81166 20379 29136 56399 38224 6371 11804 39882 38619 814 449 55522 51823 1407 2292 9495 9216 279 29894 8162 21732 RECRUITING AND PROFESSI 14901 14127 774 2334609 1662178 266080 406351 667557 125687 4759346 3256653 2545784 4416179 140653 4800 53469 75291 163152 86321 23419 76831 13822710 18019079 2255878 4703560 24273616 30673280 96515 97540 208160 1525 200000 100000 103940 91797 608615 290862 X 12433975 17619599 11231026 12762819 23665001 30382418 24273616 30673280 4624122 3160061 -1066766 0 X 0 1 X 1 0 X 1647750 1553089 2152706 8140462 6843528 20337535 1647750 1553089 2152706 8140462 6843528 20337535 6408035 13929500 180037 177981 188567 317924 390568 1255077 11918 1207 3170 10762 27057 21619669 0.64430 0.57640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 56 16788.00 1 1 1038.00 88739 10434854 566931 1284542 331046 11955281 7509612 1726227 1389193 190178 10434854 8986990 307406 -1567284 217500 7509612 5675663 987918 2543409 220000 8986990 5486214 168552 120897 100000 5675663 0.28120 0.71880 0.00000 0 0 89733 52978 36755 73419 33343 40076 76831 LAND HELD FOR CONSERVATION 4541813 OPERATING LEASE ROU ASSETS 89398 TRADE LANDS 72349 4703560 OPERATING LEASE LIABILITY 91797 91797 X 10119911 3160061 1119 3161180 6958731 0 6958731 2335728 1119 1119 2334609 0 2334609 PART II, LINE 5: THE TRUST'S EASEMENTS ARE MONITORED IN THE FOLLOWING MANNER: THE EASEMENT, MONITORING REPORT, AND PHOTOS FROM THE PREVIOUS YEAR ARE REVIEWED. AN APPOINTMENT IS MADE WITH THE LAND OWNER TO MEET ON SITE. THE PROPERTY IS INSPECTED, PAYING PARTICULAR ATTENTION TO ANY CHANGES THAT HAVE TAKEN PLACE OVER THE PAST YEAR. A MAP IS USED TO DOCUMENT THE ROUTE. NOTES AND PHOTOS PROVIDE ADDITIONAL DOCUMENTATION. THE LANDOWNER IS ASKED IF ANY CHANGES MAY TAKE PLACE OVER THE UPCOMING YEAR. PART II, LINE 9: ORGANIZATION REPORTING OF CONSERVATION EASEMENTS CONSERVATION EASEMENTS ARE VOLUNTARY LEGAL INTERESTS IN LAND BY WHICH LANDOWNERS CAN ELECT TO ENSURE PERMANENT PROTECTION OF THE CONSERVATION VALUES OF THEIR PROPERTY. LANDOWNERS WHO CONVEY EASEMENTS TO THE LAND TRUST CONTINUE TO OWN THE PROPERTY IN FEE, WITH SOME RETAINED RIGHTS TO USE THE PROPERTY SUBJECT TO THE RESTRICTIONS AS SPECIFIED IN THE EASEMENT. THE LAND TRUST CAN OBTAIN AN EASEMENT BY DONATION, PURCHASE OR A BARGAIN PURCHASE, WHICH IS A PARTIAL PURCHASE AND PARTIAL DONATION AT LESS THAN FAIR MARKET VALUE. THE LAND TRUST DOES NOT ATTRIBUTE VALUE TO THE EASEMENT HELD. EASEMENTS ARE NOT MARKETABLE INTERESTS IN REAL ESTATE, AND HAVE NO ECONOMIC VALUE TO THE LAND TRUST. EASEMENTS IMPOSE A PERPETUAL OBLIGATION ON THE LAND TRUST TO MONITOR THE CONDITION OF THE PROPERTIES. THE COSTS OF STEWARDING AND ENFORCING CONSERVATION EASEMENTS IS AN ONGOING EXPENSE IN THE TRUST'S ANNUAL BUDGET. PART V, LINE 4: THE ENDOWMENT PROVIDES STABLE FINANCIAL SUPPORT, PLAYING A CRITICAL ROLE IN ENABLING THE TRUST TO ACHIEVE ITS MISSION. PART X, LINE 2: IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE TRUST ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES BY RECOGNIZING TAX POSITIONS IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. AS OF JUNE 30, 2024, THE TRUST BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE INCOME TAX POSITIONS TAKEN ON ITS TAX RETURNS AND, THEREFORE, BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. AS OF JUNE 30, 2024, THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BY TAXING AUTHORITIES BEGIN WITH 2021. X X X 0 0 0 0 0 0 0 0 0 MICHAEL CARR EXECUTIVE DIRECTOR 171560 0 0 0 0 0 14339 0 10111 0 196010 0 0 0 NANCY VAN WIE DIRECTOR OF PHILANTHROPY 132449 0 0 0 0 0 11819 0 18798 0 163066 0 0 0 PART I, LINE 3 THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR BASED ON THEIR MERIT, THE COST OF LIVING, AND IN COMPARISON WITH OTHER LAND TRUST AND NONPROFIT ORGANIZATIONS. X 11 102874 FVM 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990, WITH ANY ASSOCIATED SCHEDULES OPEN TO PUBLIC INSPECTION, IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS AND IS REVIEWED BY THE BOARD CHAIR, TREASURER, FINANCE COMMITTEE CHAIR, AND AUDIT COMMITTEE BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL REMINDER IS PROVIDED TO ALL STAFF AND BOARD OF DIRECTORS MEMBERS TO COMPLETE CONFLICT OF INTEREST STATEMENTS. THE AUDIT COMMITTEE IS RESPONSIBLE FOR REVIEWING. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES PROPOSED COMPENSATION OF THE EXECUTIVE DIRECTOR AND OTHER KEY EMPLOYEES BASED ON THEIR MERIT, COST OF LIVING ADJUSTMENTS, AND IN COMPARISON WITH OTHER LAND TRUST AND NONPROFIT ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE TO THE PUBLIC UPON REQUEST FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 320,183. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 320,183. LAND MANAGEMENT: PROGRAM SERVICE EXPENSES 57,063. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 57,063. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 2,260. MANAGEMENT AND GENERAL EXPENSES 6,368. FUNDRAISING EXPENSES 10,752. TOTAL EXPENSES 19,380.