2025-11-07T10:24:47-06:00 2024-12-31 873707167 CBIZ ADVISORS LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2024-01-01 521053406 OPEN SPACE INSTITUTE INC OPEN 2122908200 1370 BROADWAY 5TH FLOOR NEW YORK NY 100187799 ALICE GLEASON CFO 2122908200 2025-11-03 1 0 MAGDALENA CZERNIAWSKI P00535099 2125038800 2025-11-03 2024 2025-03-06 01:10:19Z LARS ERIK KULLESEID 1370 BROADWAY 5TH FLOOR NEW YORK NY 100187799 7188380 0 X HTTPS://WWW.OPENSPACEINSTITUTE.ORG X 1974 NY OSI AND ITS SUPPORTING ORGANIZATION, OPEN SPACE INSTITUTE LAND TRUST, PROTECTS LAND. 27 27 86 27 0 0 5213964 6172466 368808 360080 254664 457365 43278 -131639 5880714 6858272 3306124 587815 0 0 1412146 1469495 0 0 1086978 1459846 1598650 6178116 3655960 -297402 3202312 20160830 23289878 12023637 15811224 8137193 7478654 OSI PROTECTS LAND FOR CLEAN DRINKING WATER, PUBLIC RECREATION, HEALTHY COMMUNITIES, AND WILDLIFE HABITAT; AND TO CONSERVE INTACT FORESTS AND FLOODPLAINS THAT CAPTURE AND STORE CARBON AND PROTECT AGAINST INCREASINGLY DANGEROUS WEATHER EVENTS. 0 0 2119912 515523 360080 CONSERVATION COMMUNITIES: OPEN SPACE INSTITUTE, INC. (OSI) SUPPORTS GRASSROOTS ORGANIZATIONS AND PROMOTES THE DEVELOPMENT OF YOUNG ENVIRONMENTAL LEADERS WITHIN THE FIELD OF CONSERVATION. ITS CITIZEN ACTION PROGRAM SUPPORTS NEWLY FORMED LOCAL ENVIRONMENTAL GROUPS, 31 GROUPS IN 2024. THE MALCOLM GORDON CHARITABLE FUND AWARDS GRANTS TO NONPROFITS WITHIN THE HUDSON VALLEY REGION AND PROVIDED NINE GRANTS IN 2024. WHILE THE GEOGRAPHIC AND MISSION ALIGNED BARNABAS MCHENRY HUDSON RIVER VALLEY AWARDS PROGRAM PROVIDES GRANTS TO STUDENTS WHO ARE ACTIVELY WORKING TO IMPROVE THEIR LOCAL COMMUNITIES AND LOCAL COMMUNITIES, SIX GRANTS WERE AWARDED IN 2024. LIKEWISE, OSI'S CONSERVATION FELLOWSHIP ENCOURAGES YOUNG LEADERS TO PURSUE CAREERS IN CONSERVATION. 72292 72292 THROUGH ITS SUPPORTING ORGANIZATION, THE OPEN SPACE INSTITUTE LAND TRUST (OSILT), OSI SAVES LAND TO PROTECT WATER SOURCES; CREATE AND MAKE PUBLIC LAND MORE INVITING FOR ALL; MAINTAIN HEALTHY FORESTS; MITIGATE THE EFFECTS OF EXTREME WEATHER; PROVIDE WILDLIFE HABITAT; AND STRENGTHEN COMMUNITIES. WORKING ACROSS THE EASTERN UNITED STATES, OSILT ACHIEVES THESE GOALS THROUGH FACILITATED LARGE-SCALE CONSERVATION PROJECTS; DIRECT ACQUISITION AND CONSERVATION EASEMENTS; AND GRANTS AND LOANS. IN 2024, OSILT PROTECTED 12,084 ACRES WITH A FAIR MARKET VALUE OF $80.59 MILLION AND MADE 23 CAPITAL GRANTS TOTALING $3.7 MILLION, PROTECTING 6,878 ACRES IN SEVEN STATES WITH A FAIR MARKET VALUE OF $37.9 MILLION. FURTHER, OSI DIRECTLY APPROVED EIGHT GRANTS FOR CONSERVATION PLANNING TOTALING $109,275. 3065 3065 2192204 1 1 0 1 0 0 1 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 140 0 1 86 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY CA CT FL GA MA NC NH NJ PA SC TN AL AK AR CO DC HI IL KS KY ME MD MI MN MS NV ND OH OK OR RI VA WA WV WI X ALICE GLEASON CFO 2122908200 1370 BROADWAY 5TH FLOOR NEW YORK NY 100187799 AMELIA SALZMAN CO-CHAIRPERSON OF THE BOARD 3.00 3.00 X X 0 0 0 ANSON FRELINGHUYSEN MEMBER 1.00 1.00 X 0 0 0 CAROL ASH VICE-CHAIRPERSON OF THE BOARD 1.00 1.00 X X 0 0 0 CAROLYN NIEMCZYK MEMBER 1.00 1.00 X 0 0 0 DALE S BRYK MEMBER 1.00 1.00 X 0 0 0 DOUGLAS BATESON MEMBER 1.00 1.00 X 0 0 0 ELIZABETH BORDEN MEMBER 1.00 1.00 X 0 0 0 GIGI MORTIMER MEMBER 1.00 1.00 X 0 0 0 GIORGIOS VLAMIS MEMBER 1.00 1.00 X 0 0 0 HOLLY HEGENER MEMBER 1.00 1.00 X 0 0 0 HUME R STEYER SECRETARY 1.00 1.00 X X 0 0 0 JOHN ERNST MEMBER 1.00 1.00 X 0 0 0 JOHN H ADAMS CO-CHAIR OF THE BOARD (OUTGOING) 3.00 3.00 X X 0 0 0 JOHN P CAHILL MEMBER 1.00 1.00 X 0 0 0 JOSHUA GINSBERG PHD MEMBER 1.00 1.00 X 0 0 0 JUDE WU ABEL MEMBER 1.00 1.00 X 0 0 0 KATHERINE O ROBERTS MEMBER 1.00 1.00 X 0 0 0 LEA PAINE HIGHET MEMBER 1.00 1.00 X 0 0 0 LEISLE LIN MEMBER 1.00 1.00 X 0 0 0 MARJORIE VAN DERCOOK MEMBER 1.00 1.00 X 0 0 0 NICOLE HYLTON-PATTERSON MEMBER 1.00 1.00 X 0 0 0 PATRICIA F SULLIVAN MEMBER 1.00 1.00 X 0 0 0 RICHARD REMMER MEMBER 1.00 1.00 X 0 0 0 SAMUEL G HUBER MEMBER 1.00 1.00 X 0 0 0 SUSAN BABCOCK MEMBER 1.00 1.00 X 0 0 0 T JEFFERSON CUNNINGHAM III MEMBER 1.00 1.00 X 0 0 0 THOMAS MCHENRY MEMBER 1.00 1.00 X 0 0 0 YUKI MOORE LAURENTI MEMBER 1.00 1.00 X 0 0 0 ABIGAIL WEINBERG VP OF SCIENCE & CONSERVATION POLICY 2.00 38.00 X 171040 0 48039 ALICE GLEASON SVP FOR FINANCE & CFO 2.00 38.00 X 264789 0 27146 CHRISTOPHER J ELLIMAN PRESIDENT & CEO (OUTGOING 05/24) 2.00 38.00 X 317173 0 29550 DAVID KIERAN-KAUFMAN VICE PRESIDENT AND ASSISTANT GENERAL COUNSEL 2.00 38.00 X 167900 0 47582 EILEEN LARABEE CHIEF EXTERNAL AFFAIRS OFFICER 2.00 38.00 X 312955 0 51264 IRENE LEE VP OF LAND, NORTHEAST 2.00 38.00 X 172418 0 50243 JEFFREY LEJAVA VICE PRES. & ASSOCIATE GEN. COUNSEL 2.00 38.00 X 229264 0 47515 JENNIE GREER SVP OF PHILANTHROPY 2.00 38.00 X 222219 0 43386 JESSICA WATSON VP OF CONSERVATION COMMUNITIES 2.00 38.00 X 139282 0 52230 KATHLEEN MOSER CHIEF CONSERVATION/POLICY 2.00 38.00 X 276027 0 12000 LARS KULLESEID PRESIDENT & CEO (INCOMING 04/24) 2.00 38.00 X 354094 0 36660 MARIA WHITEHEAD VP OF LAND, SOUTHEAST 2.00 38.00 X 213119 0 48973 MAY MAY CHENG VICE PRESIDENT, CONTROLLER 2.00 38.00 X 158698 0 44488 NATHAN BERRY CHIEF LAND, PROTECTION OFFICER 2.00 38.00 X 357268 0 26147 NICK RICHARDSON SVP, CAPITAL STRATEGIES 2.00 38.00 X 210480 0 44565 PETER KARIS VP, PARKS AND STEWARDSHIP 2.00 38.00 X 183679 0 48973 ROBERT K ANDERBERG SVP, GENERAL COUNSEL 2.00 38.00 X 248235 0 37972 SAMAYLA DEUTCH SVP, GENERAL COUNSEL 2.00 38.00 X 270153 0 37295 TALLY BLUMBERG EXECUTIVE VICE PRESIDENT 2.00 38.00 X 353363 0 50481 BRADFORD BURNS STAFF ATTORNEY 2.00 38.00 X 170370 0 7933 LESLEY KANE SZYNAL DIRECTOR OF OUTDOORS AMERICA 2.00 38.00 X 318451 0 12000 MELANIE GRIFFIN SR. DIR OF INSTITUTIONAL GIVING 2.00 38.00 X 143492 0 24834 MICHAEL BADEN SR. DIR OF ADMINISTRATION 2.00 38.00 X 145112 0 37177 REBEKAH GERARD SR. DIR OF ADMIN (OUTGOING 12/24) 2.00 38.00 X 201968 0 29760 5601549 0 896213 35 0 1 0 CUTTING EDGE GROUP LLC 3836 ALKIRE RD GROVE CITY OH 43123 CONSTRUCTION SERVICES 562672 MORGAN LEWIS BOCKIUS LLP 101 PARK AVE NEW YORK NY 10178 LEGAL SERVICES 529789 ALAN FRONT PO BOX 625 SAN ANSELMO CA 94979 CONSULTING SERVICES 180000 BOBBY COX 25 MAIN STREET COOPERSTOWN NY 13326 CONSTRUCTION SERVICES 139207 SUSAN BLICKSTEIN 3 OLD MILL RD NEW PALTZ NY 12561 CONSULTING SERVICES 102230 5 1225713 92762 9425 4844566 291800 6172466 MANAGEMENT FEES 900099 242745 242745 PROJECT REVENUES 900099 117167 117167 SETTLEMENT REVENUE 900099 168 168 360080 334669 334669 36344 0 36344 36344 36344 122696 0 122696 122696 122696 159060 1225713 330108 -171048 -171048 REVENUE RECOVERY 900099 3000 3000 MISCELLANEOUS 900099 65 65 3065 6858272 363145 0 322661 X 587815 587815 661302 255464 99074 306764 627623 239164 78551 309908 35491 8729 4262 22500 62443 13020 12056 37367 82636 31656 11464 39516 242745 242745 25885 18294 7097 494 11439 11439 2877 2877 520771 447337 24368 49066 58209 1798 56128 283 253900 131284 36734 85882 120854 95399 14464 10991 18035 9131 2744 6160 46663 39828 6835 INVESTMENT EXPENSE UBTI 387 387 PUBLIC RELATIONS & COMM 119603 13566 2526 103511 SETTLEMENT & OTHER EXP. 100000 100000 PROPERTY MAINTENANCE 37477 37477 39805 19497 5772 14536 3655960 2192204 376778 1086978 342812 2146121 5141333 3957653 401561 354433 137547 20034 558101 96840 8572813 3676428 818600 4896385 1963512 2064050 10797364 9754362 20160830 23289878 1108833 997467 3941960 10914804 10871797 12023637 15811224 X 3219523 4325649 4917670 3153005 8137193 7478654 20160830 23289878 X 3202312 81108 -3941959 X X 0 1 X 1 0 X 1494264 1959973 1748589 5213964 6172466 16589256 1494264 1959973 1748589 5213964 6172466 16589256 1723953 14865303 35243 48272 90713 284082 371013 829323 5574 62 55 29 162125 167845 17586424 957612 0.84530 0.74340 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 5,574. 2021 AMOUNT: $ 62. 2022 AMOUNT: $ 55. 2023 AMOUNT: $ 29. 2024 AMOUNT: $ 65. FUNDRAISING INCOME - 2024 AMOUNT: $ 159,060. REVENUE RECOVERY - 2024 AMOUNT: $ 3,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 148863 302873 451736 7597919 79120664 7597919 79572400 529896 1000000 132474 250000 0 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 270762 331261 446001 451736 1499760 250000 250000 250000 250000 1000000 1500000 120417 132915 133705 148863 535900 PART II A - AFFILATED GROUP RETURN STATEMENT PURSUANT TO REGULATIONS SECTION 56.4911-8(B) AND IRC SECTION 4911(F), AN AFFILIATED GROUP OF ORGANIZATIONS IS TREATED AS A SINGLE ORGANIZATION FOR THE PURPOSES OF THE TAX IMPOSED BY IRC SECTION 4911(A). THEREFORE, SINCE THE AFFILIATED GROUP DID NOT HAVE ANY EXCESS LOBBYING EXPENDITURES OR EXCESS GRASSROOTS LOBBYING EXPENDITURES, THE FILING ORGANIZATION IS DEEMED TO NOT HAVE EXCESS LOBBYING EXPENDITURES OR EXCESS GRASSROOTS LOBBYING EXPENDITURES FOR THE PURPOSES OF THE DISCLOSURE ON PART II-A, LINE 1(H) AND 1(I), COLUMN A. AFFILIATED GROUP MEMBER: OPEN SPACE INSTITUTE LAND TRUST, INC. (EIN 13-3028060) 1370 BROADWAY 5TH FLOOR NEW YORK, NY 10018-7799 X X X X 5 34.23 1 1 10.00 569 1215353 115183 65000 1265535 1143418 140435 68500 1215353 1493502 -283084 67000 1143418 1426100 67402 1493502 1302869 123231 1426100 1.00000 0 1 1 3122414 3122414 669545 669545 3452352 3173039 279313 474620 142899 331721 853882 360490 493392 4896385 OPERATING LEASE ASSETS 9754362 9754362 SECURITY DEPOSITS PAYABLE 6057 OPERATING LEASE LIABILITIES 10865740 10871797 X 88103661 81108 81164281 81245389 6858272 0 6858272 78931329 75278633 75278633 3652696 3264 3264 3655960 PART II, LINE 9: PURCHASED EASEMENTS THAT HAVE A RESALE VALUE ARE RECORDED AT THE LOWER OF COST OR FAIR MARKET VALUE. DONATED EASEMENTS THAT HAVE A RESALE VALUE ARE RECORDED AT THE LOWER OF THE DONATED VALUE OR FAIR MARKET VALUE. CONSERVATION EASEMENTS DETERMINED BY OSI TO HAVE NO RESALE VALUE ARE WRITTEN DOWN TO A $1 CARRYING VALUE. PART V, LINE 4: THE MALCOLM GORDON CHARITABLE ENDOWMENT FUNDS WERE CLASSIFIED AS TEMPORARILY RESTRICTED BECAUSE THE GRANTOR WHO ESTABLISHED THE TRUST REQUIRED THAT THE FUNDS BE DEVOTED TO ENVIRONMENTAL EDUCATION GRANTS. AFTER THE TRUST WAS DISSOLVED IN AUGUST 2012, THE ORGANIZATION CONTINUED TO CONSIDER THESE FUNDS TO BE TEMPORARILY RESTRICTED. PART X, LINE 2: THE ORGANIZATION BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024 AND 2023 IN ACCORDANCE WITH FASB ASC TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES' REVENUE 81,511,052. CONSOLIDATING ELIMINATIONS -343,507. UBTI NETTED AGAINST REVENUE -3,264. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES' EXPENSES 71,680,181. CONSOLIDATING ELIMINATIONS -343,507. TIMING DIFFERENCES ON LAND DONATIONS 3,941,959. PART XII, LINE 4B - OTHER ADJUSTMENTS: UBIT NETTED AGAINST REVENUE 3,264. 50TH ANNIVERSARY GALA 1384773 1225713 159060 210007 42140 77961 1384773 1225713 159060 210007 42140 77961 330108 -171048 1 ARM OF THE SEA PRODUCTIONS INC PO BOX 175 MALDENONHUDSON NY 12453 141745940 501(C)(3) 7000 0 MALCOLM GORDON CHARITABLE FUND BEAVERKILL VALLEY LAND TRUST INC 1532 BEAVERKILL ROAD LIVINGSTON MANOR NY 12758 133545322 501(C)(3) 72292 0 STEWARDSHIP BRIARCLIFF MANOR-SCARBOROUGH HISTORICAL SOCIETY 1 LIBRARY ROAD BRIARCLIFF MANOR NY 10510 133059190 501(C)(3) 6000 0 MCHENRY HUDSON RIVER VALLEY AWARDS ECOLOGICAL CITIZENS PROJECT INC 69 S MOUNTAIN PASS GARRISON NY 10524 812903289 501(C)(3) 7000 0 MALCOLM GORDON CHARITABLE FUND GOOD WORK INSTITUTE INC 65 ST JAMES STREET KINGSTON NY 12401 473091614 501(C)(3) 6000 0 MALCOLM GORDON CHARITABLE FUND HUDSN RVR SLOOP CLEARWATER INC 724 WOLCOTT AVENUE BEACON NY 12508 146049022 501(C)(3) 6000 0 MALCOLM GORDON CHARITABLE FUND LAND TO LEARN 380 MAIN STREET BEACON NY 12508 463267308 501(C)(3) 10000 0 MALCOLM GORDON CHARITABLE FUND NEWBURGH URBAN FARM AND FOOD INC PO BOX 541 NEWBURGH NY 12551 834185589 501(C)(3) 10000 0 MALCOLM GORDON CHARITABLE FUND OUTDOOR PROMISE 217 LIBERTY STREET 1465 NEWBURGH NY 12551 462901973 501(C)(3) 7000 0 MALCOLM GORDON CHARITABLE FUND POUGHKEEPSIE FARM PROJECT PO BOX 3143 POUGHKEEPSIE NY 12603 141813679 501(C)(3) 6000 0 MALCOLM GORDON CHARITABLE FUND SARATOGA PLAN INC 112 SPRING STREET ROOM 202 SARATOGA SPRINGS NY 12866 141706013 501(C)(3) 6000 0 MCHENRY HUDSON RIVER VALLEY AWARDS SPIRAL HOUSE PARK 185 FISHCREEK RD SAUGERTIES NY 12477 993247180 501(C)(3) 356374 0 CITIZEN ACTION PROGRAM STONY KILL FOUNDATION INC 79 FARMSTEAD LANE WAPPINGERS FALLS NY 12590 132917536 501(C)(3) 6000 0 MALCOLM GORDON CHARITABLE FUND THE FREEDOM FOOD ALLIANCE INC 4872 STATE ROUTE 9G GERMANTOWN NY 12526 813383624 501(C)(3) 6000 0 MCHENRY HUDSON RIVER VALLEY AWARDS THE FULLERTON MANSION CENTER FOR CULTURE AND HISTORY 297 GRAND STREET NEWBURGH NY 12550 464144016 501(C)(3) 6000 0 MCHENRY HUDSON RIVER VALLEY AWARDS THE RELATO AGENCY LLC 185 MACKENZIE LN FAYETTEVILLE GA 30214 920269349 29219 0 CITIZEN ACTION PROGRAM THE WALLKILL VALLEY LAND TRUST 40 SUNSET RIDGE NEW PALTZ NY 12561 222867070 501(C)(3) 6000 0 MCHENRY HUDSON RIVER VALLEY AWARDS TWO EVERGREEN MACHINE LLC 210 COOK ST APT 308 BROOKLYN NY 11206 854382428 18514 0 CITIZEN ACTION PROGRAM VASSAR COLLEGE 124 RAYMOND AVENUE POUGHKEEPSIE NY 12604 141338587 501(C)(3) 7000 0 MCHENRY HUDSON RIVER VALLEY AWARDS 18 2 PART I, LINE 2: GRANTEES EXECUTE A WRITTEN AGREEMENT WHICH REQUIRES THEM TO SUBMIT WRITTEN REPORTS TO OSI FOR THE PERIOD OF THE AGREEMENT. TWO EVERGREEN MACHINE LLC , SPIRAL HOUSE PARK AND RELATO AGENCY LLC ARE FISCALLY SPONSORED BY THE OPEN SPACE INSTITUTE, INC., AS PART OF THE CITIZEN ACTION PROGRAM. THE CITIZEN ACTION PROGRAM FURTHER ENHANCES OSI'S MISSION BY WORKING WITH GROUPS THAT ARE MAKING COMMUNITIES MORE LIVABLE AND ACCESSIBLE, EDUCATING AND COMMUNICATING ABOUT THE ENVIRONMENT, PROTECTING HISTORIC AND NATURAL RESOURCES, AND MAKING OUTDOOR RECREATION SAFER AND MORE WELCOMING FOR ALL. X 1 1 X X X X X X 1 0 0 0 0 0 0 1 0 TALLY BLUMBERG EXECUTIVE VICE PRESIDENT 350843 0 0 0 2520 0 12000 0 38481 0 403844 0 0 0 LARS KULLESEID PRESIDENT & CEO (INCOMING 04/24) 350398 0 0 0 3696 0 12000 0 24660 0 390754 0 0 0 NATHAN BERRY CHIEF LAND, PROTECTION OFFICER 356684 0 0 0 584 0 6000 0 20147 0 383415 0 0 0 EILEEN LARABEE CHIEF EXTERNAL AFFAIRS OFFICER 310760 0 0 0 2195 0 12000 0 39264 0 364219 0 0 0 CHRISTOPHER J ELLIMAN PRESIDENT & CEO (OUTGOING 05/24) 258494 0 50000 0 8679 0 12000 0 17550 0 346723 0 0 0 LESLEY KANE SZYNAL DIRECTOR OF OUTDOORS AMERICA 264372 0 51334 0 2745 0 12000 0 0 0 330451 0 0 0 SAMAYLA DEUTCH SVP, GENERAL COUNSEL 269350 0 0 0 803 0 12000 0 25295 0 307448 0 0 0 ALICE GLEASON SVP FOR FINANCE & CFO 262006 0 0 0 2783 0 12000 0 15146 0 291935 0 0 0 KATHLEEN MOSER CHIEF CONSERVATION/POLICY 273180 0 0 0 2847 0 12000 0 0 0 288027 0 0 0 ROBERT K ANDERBERG SVP, GENERAL COUNSEL 245257 0 0 0 2978 0 12000 0 25972 0 286207 0 0 0 JEFFREY LEJAVA VICE PRES. & ASSOCIATE GEN. COUNSEL 228423 0 0 0 841 0 12000 0 35515 0 276779 0 0 0 JENNIE GREER SVP OF PHILANTHROPY 221667 0 0 0 552 0 0 0 43386 0 265605 0 0 0 MARIA WHITEHEAD VP OF LAND, SOUTHEAST 212351 0 0 0 768 0 12000 0 36973 0 262092 0 0 0 NICK RICHARDSON SVP, CAPITAL STRATEGIES 209988 0 0 0 492 0 12000 0 32565 0 255045 0 0 0 PETER KARIS VP, PARKS AND STEWARDSHIP 183026 0 0 0 653 0 12000 0 36973 0 232652 0 0 0 REBEKAH GERARD SR. DIR OF ADMIN (OUTGOING 12/24) 163186 0 0 0 38782 0 10965 0 18795 0 231728 0 0 0 IRENE LEE VP OF LAND, NORTHEAST 171281 0 0 0 1137 0 12000 0 38243 0 222661 0 0 0 ABIGAIL WEINBERG VP OF SCIENCE & CONSERVATION POLICY 170651 0 0 0 389 0 12000 0 36039 0 219079 0 0 0 DAVID KIERAN-KAUFMAN VICE PRESIDENT AND ASSISTANT GENERAL 167671 0 0 0 229 0 12000 0 35582 0 215482 0 0 0 MAY MAY CHENG VICE PRESIDENT, CONTROLLER 158502 0 0 0 196 0 12000 0 32488 0 203186 0 0 0 JESSICA WATSON VP OF CONSERVATION COMMUNITIES 139094 0 0 0 188 0 12000 0 40230 0 191512 0 0 0 MICHAEL BADEN SR. DIR OF ADMINISTRATION 144628 0 0 0 484 0 12000 0 25177 0 182289 0 0 0 BRADFORD BURNS STAFF ATTORNEY 170000 0 0 0 370 0 7933 0 0 0 178303 0 0 0 MELANIE GRIFFIN SR. DIR OF INSTITUTIONAL GIVING 143309 0 0 0 183 0 11740 0 13094 0 168326 0 0 0 PART I, LINE 4A DURING THE TAX YEAR 2024, THE OPEN SPACE INSTITUTE PAID SEVERANCE TO REBEKAH GERARD SENIOR DIRECTOR OF ADMINISTRATION IN THE AMOUNT OF $ 37,917. THIS PAYMENT WAS PROVIDED IN ACCORDANCE WITH THE ORGANIZATION'S ESTABLISHED SEVERANCE POLICY AND/OR CONTRACTUAL OBLIGATIONS RESULTING FROM RESIGNATION DATED 24TH DECEMBER 2024. THE SEVERANCE ARRANGEMENT WAS APPROVED BY THE BOARD OF DIRECTORS IN COMPLIANCE WITH THE ORGANIZATION'S COMPENSATION APPROVAL PROCESS. PART I, LINE 7 THE BONUS OF THE CEO/PRESIDENT DISPLAYED ON SCHEDULE J, PART II, COLUMN B(II) WAS REVIEWED AND ESTABLISHED BY THE COMPENSATION COMMITTEE AS PART OF THE CEO/PRESIDENT'S ANNUAL PERFORMANCE REVIEW BY THE COMPENSATION COMMITTEE. OTHER BONUSES WERE APPROVED BY THE CEO/PRESIDENT. PART II COLUMN B(III) PART II, COLUMN B(III) FOR SOME INDIVIDUALS INCLUDES CONTRIBUTIONS TO 457(B) RETIREMENT PLAN. THE OTHER AMOUNTS INCLUDED IN THIS COLUMN ARE GROUP TERM LIFE INSURANCE. X 7 291800 FMV 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMN(B) REPRESENTS NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF TRUSTEES OF OSI DELEGATES TO THE EXECUTIVE COMMITTEE OF THE BOARD THE POWER TO TAKE ANY ACTION IN BETWEEN REGULAR MEETINGS OF THE BOARD THAT COULD OTHERWISE BE TAKEN BY THE FULL BOARD. THE EXECUTIVE COMMITTEE IS REQUIRED TO REPORT TO THE FULL BOARD ON ANY ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE AT THE NEXT REGULAR MEETING OF THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 11B OUR 990 IS PREPARED BY AN OUTSIDE INDEPENDENT ACCOUNTING FIRM. THE DRAFT FORM 990 IS REVIEWED BY THE CONTROLLER, CHIEF FINANCIAL OFFICER & GENERAL COUNSEL. AFTER STAFF REVIEW THE RETURN IT IS THEN REVIEWED BY THE AUDIT COMMITTEE. THE REVIEWED AND CORRECTED 990 FORM IS THEN SENT OUT TO ALL THE BOARD MEMBERS OF THE ORGANIZATION FOR THEIR REVIEW AND COMMENTS. THE RETURN IS FILED ONCE ALL PARTIES HAVE COMPLETED THEIR REVIEW AND REQUIRED EDITS HAVE BEEN MADE. FORM 990, PART VI, SECTION B, LINE 12C OPEN SPACE INSTITUTE, INC. HAS A CONFLICT OF INTEREST POLICY WHICH REQUIRES ALL INTERESTED PERSONS TO DISCLOSE CONFLICTS AND POTENTIAL CONFLICTS AS SOON AS THEY ARISE. A CONFLICTED PARTY MAY NOT DISCUSS THE TRANSACTION THAT IS THE BASIS OF SUCH CONFLICT, AND MUST RECUSE THEMSELVES FROM ANY DISCUSSION OR VOTE ON SUCH TRANSACTION. THE PRESIDENT EACH YEAR REPORTS TO THE BOARD OF TRUSTEES ALL CONFLICT TRANSACTIONS AND HOW THEY WERE HANDLED. THE BOARD OF OPEN SPACE INSTITUTE, INC. HAS THE POWER TO TAKE REMEDIAL ACTION IF THE CONFLICT POLICY IS VIOLATED. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS OF DETERMINING COMPETITIVE COMPENSATION FOR TOP MANAGEMENT AND KEY EMPLOYEES INVOLVES OSI'S COMPENSATION COMMITTEE REFERENCING REASONABLE AND COMPETITIVE SALARY RATE INFORMATION PROVIDED BY AN INDEPENDENT COMPENSATION CONSULTANT. THE COMPENSATION COMMITTEE PERFORMS AN ANNUAL ASSESSMENT OF THE RESPONSIBILITIES AND PERFORMANCE OF THE CEO/PRESIDENT AND ESTABLISHES THE CEO/PRESIDENT'S COMPENSATION AND BONUS. ANNUAL PERFORMANCE REVIEWS OF POSITIONS REPORTING TO THE CEO/PRESIDENT ARE CONDUCTED BY THE CEO/PRESIDENT AND THEN PRESENTED TO THE COMPENSATION COMMITTEE FOR ITS REVIEW TO ENSURE CONSISTENCY WITH LAW BEST PRACTICE AND THE COMPANY'S COMPENSATION POLICY. THE COMPENSATION COMMITTEE THEN REVIEWS AND APPROVES ANY INCREASE IN THE TOTAL ANNUAL SALARY BUDGET FOR THE UPCOMING YEAR BASED UPON THE RECOMMENDATION OF THE CEO/PRESIDENT USING THE INFORMATION PROVIDED BY THE INDEPENDENT COMPENSATION CONSULTANT AND PERFORMANCE REVIEWS. FORM 990, PART VI, SECTION C, LINE 19 OPEN SPACE INSTITUTE, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, WHISTLEBLOWER POLICY, DOCUMENT RETENTION AND DESTRUCTION POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. THESE DOCUMENTS ARE SENT TO ANYONE WHO CONTACTS THE ORGANIZATION AND REQUESTS SUCH INFORMATION. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 447,337. MANAGEMENT AND GENERAL EXPENSES 24,368. FUNDRAISING EXPENSES 49,066. TOTAL EXPENSES 520,771. FORM 990, PART XI, LINE 9: TIMING DIFFERENCES ON LAND DONATIONS -3,941,959. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART XI, LINE 9 AS PART OF ITS CONSERVATION EFFORTS, OSI MAY DONATE LAND TO CONSERVATION AGENCIES OR SELL IT AT BELOW MARKET VALUE. IN CASES WHERE AN OBLIGATION OR INTENT EXISTS TO DO SO, GRANT EXPENSE IS ACCRUED TO RECOGNIZE THE AMOUNT OF THE FUTURE DONATION FOR FINANCIAL STATEMENT PURPOSES. HOWEVER, GRANTS OF LAND ARE NOT RECOGNIZED ON FORM 990 SCHEDULE I UNTIL THEY OCCUR. THIS WILL RESULT IN A RECONCILING DIFFERENCE ON SCHEDULE D OF THE IRS FORM 990, AS ONLY COMPLETED DONATIONS ARE REPORTED ON THE FORM 990. OPEN SPACE INSTITUTE LAND TRUST INC 1370 BROADWAY 5TH FLOOR NEW YORK NY 10018 133028060 LAND CONSERVATION NY 501(C)(3) LINE 12A, I OPEN SPACE INSTITUTE INC 1 STRATEGIC CONSERVATION PARTNERS LLC 1370 BROADWAY 5TH FLOOR NEW YORK NY 10018 823283734 CONSERVATION LAND INVESTMENTS NY N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 OPEN SPACE INSTITUTE LAND TRUST INC C 92762 FMV OPEN SPACE INSTITUTE LAND TRUST INC N 11311871 SALARY ALLOCATION OPEN SPACE INSTITUTE LAND TRUST INC O 2031177 EXPENSE ALLOCATION OPEN SPACE INSTITUTE LAND TRUST INC 1370 BROADWAY 5TH FLOOR NEW YORK NY 100187799 133028060 X 148863 302873 451736 71522745 71974481 1000000 250000 0 0 0