2025-02-10T13:47:04-06:00 2024-03-31 910950793 CORDELL NEHER & COMPANY PLLC PO BOX 3068 WENATCHEE WA 988073068 990 2024-01-01 911331348 CHELAN-DOUGLAS LAND TRUST CHEL 5096679708 18 N WENATCHEE AVENUE WENATCHEE WA 98801 STEVE JACOBS TREASURER 5096679708 2025-02-10 1 1 SEAN M PATTON CPA P00461275 5096631661 2025-02-10 2024 2025-03-06 01:10:19Z STEVE JACOBS 18 N WENATCHEE AVENUE WENATCHEE WA 98801 836236 0 X WWW.CDLANDTRUST.ORG X 1985 WA TO ENGAGE COMMUNITIES IN CONSERVING, CARING FOR, AND ACCESSING THE NATURAL LANDS AND WATERS THAT SUSTAIN NORTH CENTRAL WASHINGTON. 14 14 0 0 0 0 2666271 372831 0 0 846260 63066 0 0 3512531 435897 1303667 247500 0 0 1083624 232072 0 0 0 693186 147145 3080477 626717 432054 -190820 30255676 30298100 707916 440315 29547760 29857785 TO ENGAGE COMMUNITIES IN CONSERVING, CARING FOR, AND ACCESSING THE NATURAL LANDS AND WATERS THAT SUSTAIN NORTH CENTRAL WASHINGTON. 0 0 288104 247500 LAND AND OPEN SPACE: CHELAN-DOUGLAS LAND TRUST (CDLT) ACQUIRES LAND AND EASEMENTS FOR CONSERVATION PURPOSES. CDLT HAS PRIMARILY PROTECTED NEARLY 27,000 ACRES OF OUR REGION'S MOST IMPORTANT NATURAL AREAS, PRIMARILY IN CHELAN AND DOUGLAS COUNTIES. 95656 ENGAGEMENT: CDLT OFFERS A VARIETY OF OPPORTUNITIES TO LEARN MORE ABOUT THE LAND WE HELP CONSERVE AND WHY IT'S WORTH PROTECTING. TOGETHER WITH PARTNER ORGANIZATIONS, CDLT OFFERS FAMILY PROGRAMS, EDUCATIONAL HIKES AND OUTINGS, ENVIRONMENTAL FILMS AND MORE. 107425 FIELDS: TAKING CARE OF THE LANDS AND CONSERVATION EASEMENTS ENTRUSTED TO CDLT IS OUR MOST FUNDAMENTAL RESPONSIBILITY. CDLT OWNS AND MANAGES SOME OF OUR REGION'S MOST IMPORTANT NATURAL AREAS AND ALSO HOLDS CONSERVATION EASEMENTS. CDLT TAKES OUR RESPONSIBILITY SERIOUSLY AND STRIVES TO PROTECT AND MAINTAIN THE CONSERVATION VALUES AND NATURAL CHARACTER OF OUR PRECIOUS LANDS. 491185 1 1 0 0 0 0 1 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 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 0 0 0 0 0 X 14 14 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X THE ORGANIZATION 5096679708 18 N WENATCHEE AVENUE WENATCHEE WA 98801 X ROB SHURTLEFF PRESIDENT 2.50 X X 0 0 0 ELIZABETH WILSON PRESIDENT ELECT 2.50 X X 0 0 0 STEVE JACOBS SECRETARY/TREASURER 2.50 X X 0 0 0 ARIAHNA JONES BOARD MEMBER 2.00 X 0 0 0 BRUCE WILLIAMS BOARD MEMBER 2.00 X 0 0 0 CELESTE BERRY BOARD MEMBER 2.00 X 0 0 0 CODY GILLIN BOARD MEMBER 2.00 X 0 0 0 JOHN SIROIS BOARD MEMBER 2.00 X 0 0 0 RANDY ASPLUND BOARD MEMBER 2.00 X 0 0 0 RUTH TRAXLER BOARD MEMBER 2.00 X 0 0 0 STEVE TABER BOARD MEMBER 2.00 X 0 0 0 KATE YOUNT BOARD MEMBER 2.00 X 0 0 0 JOHN ZANOL BOARD MEMBER 2.00 X 0 0 0 MARTIN STRAUB BOARD MEMBER 2.00 X 0 0 0 EUNICE YOUMANS EXECUTIVE DIRECTOR 40.00 X 0 0 0 0 0 0 65857 38432 268542 5376 372831 84266 84266 379139 400339 -21200 -21200 -8284 -12916 435897 -8284 0 71350 247500 247500 39624 27802 11822 152573 105755 46818 7722 5581 2141 21639 14549 7090 10514 7080 3434 12443 12443 32075 32075 52663 44588 8075 14251 11991 2260 2863 2211 652 2166 1936 230 6820 6087 733 4253 4253 9356 7214 2142 DUES AND MEMBERSHIPS 6083 5369 714 HABITAT RESTORATION AND 2955 2710 245 BANK FEES 671 385 286 SUPPLIES 311 311 235 116 119 626717 491185 135532 0 182566 272480 1402783 1321152 448663 557452 464735 464735 13038 5195 577782 219249 362794 358533 10389252 10828841 16991845 16489712 30255676 30298100 97916 80315 0 0 610000 360000 707916 440315 X 8804182 8796053 20743578 21061732 29547760 29857785 30255676 30298100 -190820 500845 0 X X 0 1 X 1 0 X 2120158 6965878 2583969 2666271 372831 14709107 2120158 6965878 2583969 2666271 372831 14709107 622123 14086984 210588 194979 317049 532542 84266 1339424 16048531 0.87780 0.89820 X PART II CURRENT YEAR FIGURES ARE FOR SHORT-YEAR BEGINNING 1/1/2024 THROUGH 3/31/2024. ALL FIGURES FOR PRIOR YEAR 1 ARE FOR CALENDAR-YEAR ENDING 12/31/2023, PRIOR YEAR 2 IS CALENDAR-YEAR ENDING 12/31/2022, PRIOR YEAR 3 IS CALENDAR-YEAR ENDING 12/31/2021, AND PRIOR YEAR 4 IS CALENDAR-YEAR ENDING 12/31/2020. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 19 14893.00 0 1 1 0.00 0 1 4416548 225 235329 49252 13178 4589672 3884099 63720 715306 197006 49571 4416548 4803248 90353 -761819 198232 49451 3884099 4446428 12096 565442 165840 54878 4803248 4080433 1250 573769 160788 48236 4446428 0.03306 0.58743 0.37951 1 0 36590 36590 490782 174451 316331 50410 44798 5612 358533 EQUITIES 6689852 F BONDS 3782002 F MONEY MARKET 356987 F 10828841 CONSERVATION EASEMENTS 19 LAND HELD FOR CONSERVATION PURPOSES 16489693 16489712 X 904667 500845 500845 403822 32075 32075 435897 594642 0 594642 32075 32075 626717 PART II, LINE 9: THE TRUST ACCOMPLISHES ITS LAND CONSERVATION OBJECTIVES BY, AMONG OTHER MEANS, ACCEPTING DONATIONS OF INTERESTS IN REAL PROPERTY. THE TRUST ACCEPTS DONATIONS OR PURCHASES "CONSERVATION EASEMENTS" ON QUALIFYING PROPERTIES. CONSERVATION EASEMENTS ARE PERPETUAL AGREEMENTS BETWEEN THE TRUST AND PRIVATE LANDOWNERS THROUGH WHOM THE LANDOWNERS AGREE TO ABIDE BY CERTAIN RESTRICTIONS DESIGNED TO PRESERVE THE OPEN SPACE OR CONSERVATION VALUE OF THEIR LAND; THESE AGREEMENTS ARE BINDING ON ALL FUTURE LANDOWNERS. THE TOTAL NUMBER OF EASEMENTS IN FAVOR OF THE TRUST IS NINETEEN (19). UPON ACCEPTING A CONSERVATION EASEMENT, THE TRUST ASSUMES A PERPETUAL OBLIGATION TO MONITOR, NORMALLY ON AN ANNUAL BASIS, THE AFFECTED PROPERTY TO ENSURE THAT THE LANDOWNERS COMPLY WITH THE RESTRICTIONS OF THE EASEMENT. FURTHER, THE TRUST IS PERPETUALLY OBLIGATED TO ENFORCE PROVISIONS OF THE EASEMENTS IN THE EVENT OF A VIOLATION TO THE TERMS OF THE EASEMENT. ENFORCING AN EASEMENT VIOLATION COULD INVOLVE COSTLY LEGAL OR OTHER EXPENSES. ALTHOUGH CONSERVATION EASEMENTS ARE REAL PROPERTY RIGHTS, THEY POSSESS LITTLE OR NO MARKET VALUE DUE TO A RESALE MARKET THAT IS ESSENTIALLY LIMITED TO THE OWNER OF THE FEE TITLE OF THE RESTRICTED PROPERTY. BECAUSE OF THIS LIMITED MARKET AND DUE TO THE OBLIGATIONS INHERENT IN EASEMENT OWNERSHIP, THE TRUST'S EASEMENT HOLDINGS ARE RECORDED ON THE STATEMENTS OF FINANCIAL POSITION USING A ONE DOLLAR PLACEHOLDER. PART V, LINE 4: TO ACQUIRE LAND AND EASEMENTS FOR CONSERVATION PURPOSES. PART X, LINE 2: THE TRUST HAS ADOPTED THE PROVISIONS OF FASB ASC 740-10. MANAGEMENT HAS EVALUATED THE TRUST'S TAX POSITIONS AND CONCLUDED THE TRUST HAS TAKEN NO UNCERTAIN TAX POSITIONS REQUIRING ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THESE PROVISIONS. WITH FEW EXCEPTIONS, THE TRUST IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL TAX AUTHORITIES FOR THE YEARS BEFORE 2020. 1 CITY OF WENATCHEE PO BOX 519 WENATCHEE WA 98807 916001291 0 247500 BOOK VALUE REAL PROPERTY LOCATED IN CHELAN COUNTY, WA CONSERVATION AND PROPERTY ACQUISITION 1 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS FORM 990, PART VI, SECTION A, LINE 7A AS SET IN OUR BYLAWS, CURRENT MEMBERS ARE ENTITLED TO ONE VOTE FOR EACH OF THE DIRECTOR POSITIONS OPEN AT ANY GIVEN TIME. DIRECTORS ARE ELECTED IN FEBRUARY EACH YEAR THROUGH AN ELECTION CONDUCTED BY MAIL AND ONLINE. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE FORM 990 AND THEN GIVES IT TO THE BOARD OF DIRECTORS FOR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C AT A MINIMUM, AT EVERY BOARD OR COMMITTEE MEETING ANYONE, INCLUDING COUNSEL, WHO HAS A CONFLICT WITH A TOPIC BEING DISCUSSED, RECUSES THEMSELVES WHEN THE TOPIC COMES UP. THIS RECUSAL IS REFLECTED IN THE BOARD MINUTES. WHEN INDIVIDUALS ARE CONSIDERED FOR NOMINATION TO THE BOARD OR A COMMITTEE, ANY POTENTIAL CONFLICTS ARE RAISED AND WAYS THEY CAN BE ADDRESSED ARE DISCUSSED. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF OFFICERS AND KEY EMPLOYEES IS BASED UPON A REVIEW BY THE EXECUTIVE COMMITTEE USING SALARY SURVEYS AND INQUIRY OF SIMILAR SIZED ORGANIZATIONS IN THE AREA. THE EXECUTIVE COMMITTEE THEN MAKES RECOMMENDATIONS TO THE BOARD OF DIRECTORS FOR DELIBERATION AND APPROVAL OF COMPENSATION ON AN ANNUAL BASIS. MEETING MINUTES REFLECT ALL DISCUSSIONS AND DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES (INCLUDING CONFLICT OF INTEREST) AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C - AUDIT OVERSIGHT PROCESS AND SELECTION THE TRUST HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.