2025-03-26T09:51:26-05:00 2024-06-30 561131459 Stancil PC 4909 Windy Hill Drive Raleigh NC 27609 990 2023-07-01 581552188 CONSERVATION TRUST FOR NORTH CAROLINA CONS 9198284199 1028 WASHINGTON STREET RALEIGH NC 27605 Cynthia Satterfield Executive Director 9198284199 2025-03-26 1 0 Diane Helms P01439593 9198721260 2025-03-25 2023 2025-03-06 01:10:19Z Cynthia Satterfield 1028 WASHINGTON STREET RALEIGH NC 27605 7049856 0 X WWW.CTNC.ORG X 1983 NC CTNC CONSERVES LAND IN WAYS THAT INSPIRE AND ENABLE PEOPLE TO BUILD RESILIENT, JUST COMMUNITIES. WE CARRY OUT OUR MISSION IN COLLABORATION WITH OTHER CONSERVATION ORGANIZATIONS AND THE COMMUNITIES WE SERVE. OUR GOAL IS TO LESSEN THE IMPACTS OF A CHANGING CLIMATE AND ENSURE CONSERVATION BENEFITS EVERYONE BY BEING MORE INCLUSIVE AND EQUITABLE. CTNC'S MISSION GROWS OUT OF OUR EXPERTISE IN LAND CONSERVATION, OUR SKILL IN BRINGING NEW PEOPLE TO CONSERVATION, AND OUR EXPANDING NETWORK OF PARTNER ORGANIZATIONS AND COMMUNITIES. BROUGHT TOGETHER, THESE CAPABILITIES DIRECT US NOW TO CONSERVE LAND IN WAYS THAT INSPIRE AND ENABLE PEOPLE TO BUILD RESILIENT, JUST COMMUNITIES. THE COMPLEX CHALLENGES FACING CONSERVATION IN NORTH CAROLINA REQUIRE CHANGES TO THE WAYS WE HAVE TRADITIONALLY WORKED. CARING FOR AND PROTECTING THE NATURAL HERITAGE OF OUR STATE REMAINS A CORE FUNCTION OF CTNC. WE WILL CONTINUE AND BUILD ON OUR LAND PROTECTION EFFORTS FOR WILDLIFE, SCENIC VISTAS, AND ECOLOGICAL HEALTH. 10 10 52 12 0 0 3230491 3758464 0 0 17465 -114709 28407 17461 3276363 3661216 845606 804331 0 0 831482 902560 0 0 194722 1240170 1568498 2917258 3275389 359105 385827 13569785 12833355 1856594 226649 11713191 12606706 X See Schedule O 0 0 854249 804331 Building Resilience through Direct Land Conservation: The Organization builds climate resilience through high-impact direct land conservation, primarily focused along the Blue Ridge Parkway. The Organization has conserved nearly 38,000 acres of land, resulting in cleaner water, natural stormwater maintenance, carbon storage, wildlife habitat preservation, and protected views that ensure the local economies thrive. Land protection priorities are informed by computer analysis of conservation values and climate science, including: water quality, wildlife habitat, parkway visibility, development threat, and resilience to climate change impacts. The Organization undertakes landowner outreach to acquire land and conservation easements on high-priority land, stewards protected lands, and monitors easements. It also partners with other regional land conservation organizations and provides loans and grants to increase their capacity and impacts. 792609 5181 Building Resilience through Community-Led Partnerships: The Organization uses climate science data to partner with local communities who request help in responding to the impacts of climate change. The Organization's equity-based approach began with building flood resilience in Princeville, NC, which experienced devastating flooding because of increasingly severe and frequent storms, including Hurricanes Floyd and Matthew. Through their partnership, Princeville became a model for how community-led conservation solutions can mitigate future risk. Installation of stormwater management solutions -- like rain gardens, community gardens, and additional tree coverage in flood prone areas -- resulted in 30,000 gallons of stormwater being redirected to ecologically beneficial uses. The Organization is sharing this model to increase climate resiliency statewide. 869084 Building Resilience through Activating Local Capacity: With a dual focus on increasing local community capacity and enhancing the diversity of people connected to conservation, the Organization created a statewide Resilience Service Network. Using data-driven GIS maps to identify communities in greatest need, the Organization coordinates the placement of AmeriCorps service members to help implement community-led plans that address climate-related challenges. The Organization hires and trains AmeriCorps members and assists local supervisors so as to best leverage the skills of members in building local community resilience. 2515942 1 1 0 1 0 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 16 0 52 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X STEVE PAYNE 9198284199 1028 WASHINGTON STREET RALEIGH NC 27605 Brandon A Robinson Immed. Past President 4.00 X X 0 0 0 Bill Leslie President 5.00 X X 0 0 0 Joseph Vrabel Vice President 4.00 X X 0 0 0 Dodd Haynes Treasurer 4.00 X X 0 0 0 Kathy Hamilton Stamper Secretary 4.00 X X 0 0 0 Mozine Lowe Board Member 2.00 X 0 0 0 John Noor Board Member 2.00 X 0 0 0 Ebony Perkins Board Member 2.00 X 0 0 0 Julia Truelove Board Member 2.00 X 0 0 0 John Stanback Board Member 2.00 X 0 0 0 Chris Canfield Executive Director (thru 12/31) 40.00 X 134336 0 14672 Steve Payne Director of Finance & Admi 40.00 X 93791 0 13684 Cynthia Satterfield 121123 Executive Director 40.00 X 8364 0 0 236491 0 28356 1 0 0 0 Manning Felton & Skinner PA PO Box 20389 Raleigh NC 27619 Attorneys 135329 1 152000 2905 1218881 2384678 79400 3758464 206378 206378 12280 0 12280 12280 12280 2954531 113022 3165247 223393 -210716 -110371 -321087 -321087 0 2905 0 0 Other Income 110000 5181 5181 5181 3661216 5181 0 -102429 X 804331 804331 286681 146666 89731 50284 472673 241819 147948 82906 7982 4084 2498 1400 79010 40422 24730 13858 56214 28759 17595 9860 20750 20750 84718 70191 14527 18157 18157 356912 260288 87289 9335 55414 12285 28360 14769 66923 66923 38227 25792 7920 4515 6750 135 6615 55574 55574 7328 185 7143 22766 195 16305 6266 Program Fees 765395 765395 Land Acquisition and Ho 49918 49918 Staff Development 19666 9903 8234 1529 3275389 2515942 564725 194722 471487 573314 2499440 3520757 136051 211238 116035 1645863 10157 5357 3890247 22318 6341174 3867929 3817351 2872621 89218 94755 88872 41521 13569785 12833355 169159 47015 91418 130882 1500000 0 96017 48752 1856594 226649 X 1694942 1638793 10018249 10967913 11713191 12606706 13569785 12833355 385827 507688 0 X X 0 1 X 1 0 X 4647953 2522893 2838610 3230491 3758464 16998411 4647953 2522893 2838610 3230491 3758464 16998411 2738636 14259775 87707 58806 72182 125838 218658 563191 4221 19934 8980 2905 36040 17597642 0.81030 0.90180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3523 80191 83714 3283889 3367603 318380 79595 0 0 303114 373981 294880 318380 1290355 1935533 74235 76041 76853 83714 310843 75779 93495 73720 79595 322589 483884 4603 4318 5454 3523 17898 X X X 62 29875.00 1 1 1 1290.00 78500 1 126649 384235 27905 538789 117360 9289 126649 140549 -23189 117360 116128 24421 140549 110707 5421 116128 0.90432 0.09568 1 0 3858027 3858027 32220 22318 9902 3867929 Gift Annuity Obligation 6389 Lease Liability 42363 48752 X 4261118 507688 507688 3753430 -92214 -92214 3661216 3367603 110371 110371 3257232 18157 18157 3275389 Part II, Line 9: The Organization records land at cost if purchased or at fair market value at date of acquisition if all or part of the land was received as a donation. Fair value is generally determined by independent appraisal. Land and land interests consist of the following: Conservation Properties - real property with significant conservation value. These lands are managed in an effort to protect their conservation value until they can be transferred to other organizations or governmental units who manage the land in a similar fashion in perpetuity. Upon the land's sale or gift, the book value of the land is removed as an asset from the statement of financial position and reported as a program expense. The related proceeds, if any, are reported as revenue in the statement of activities. Conservation Easements are composed of listed rights and/or restrictions over the owned property that are conveyed by a property owner to the Organization in an effort to protect the property as a significant natural area. These intangible assets may be sold or transferred to others if the assignee agrees to carry out, in perpetuity, the conservation purposes intended by the original grantor. The net value of the easements is not included as an asset on the statement of financial position since the value can not be reasonably estimated. Part V, Line 4: To identify and support future leaders in conservation. Part X, Line 2: The Organization qualifies as a 501(c)(3) charitable organization as defined by the Internal Revenue Code and, accordingly, is exempt from federal income tax under Internal Revenue Code Section 501(a). Additionally, since the Organization is publicly supported, contributions made to the Organization qualify for the maximum charitable contributions deduction under the Internal Revenue Code. The Organization is also exempt from North Carolina state income tax. Currently, the Organization is not under an income tax audit. Management has analyzed tax positions taken by the Organization and concluded that, as of June 30, 2024, there were no uncertain tax positions taken or expected to be taken. Accordingly, no tax, interest, or penalties related to uncertain tax positions have been accrued in the accompanying financial statements. Part XI, Line 2d - Other Adjustments: Loss on Sale of Conservation Property Part XI, Line 4b - Other Adjustments: Investment Fees 18,157. Loss on Sale of Conservation Property -110,371. Part XII, Line 2d - Other Adjustments: Loss on Sale of Conservation Property 110,371. Part XII, Line 4b - Other Adjustments: Investment Fees 18,157. 1 National Park Service 1849 C Street NW Washington DC 20240 530197094 0 694226 Appraisal Conservation Property To provide conservation property to the National Park Service. Mainspring Conservation Trust 557 East Main Street Franklin NC 28734 562142199 501(c)(3) 10550 0 Assistance with transaction costs and land acquisition costs on land with high conservation values. Wake Forest University 1834 Wake Forest Rd Winston Salem NC 27106 560532138 501(c)(3) 44565 0 Assistance with transaction costs and land acquisition costs on land with high conservation values. Conetoe Family Life Center 204 N Railroad St Conetoe NC 27822 562373189 501(c)(3) 20000 0 Assistance with transaction costs and land acquisition costs on land with high conservation values. Conserving Carolinas 847 Case St Hendersonville NC 28792 566449365 501(c)(3) 9260 0 Assistance with transaction costs and land acquisition costs on land with high conservation values. Blue Ridge Conservancy 416 Aho Rd Blowing Rock NC 28605 582502695 501(c)(3) 8000 0 Assistance with transaction costs and land acquisition costs on land with high conservation values. Highlands-Cashiers Land Trust Inc 348 S 5th St 214 Highlands NC 28741 561216642 501(c)(3) 6000 0 Assistance with transaction costs and land acquisition costs on land with high conservation values. Part I, Line 2: The Organization facilitates government and foundation grants on behalf of other 501(c)(3) organizations. Each nonprofit organization that received funds through CTNC is required to supply CTNC with a copy of its audited financial statements and Form 990 annually. In addition, CTNC requires sub-grant agreements with the benefiting organization. For government grants, these sub-agreements require that the sub-recipient comply with applicable federal, state, and local government rules and regulations. The sub-recipients also provide periodic reporting on program accomplishments and expenditures to CTNC. All of these materials are reviwed by CTNC's CFO and/or Program Directors to ensure compliance with all requirements and deliverables. X 1 79400 FMV based on appraisal 0 0 0 Part I, Column (b): There was one partial donation of land related to land purchases in June 2024. The appraised value of the land was $679,400 and the land owner sold the land to Conservation Trust for North Carolina for $600,000 (cash paid to seller). The difference between the appraised value and the payment for the land was considered an in-kind land contribution by Conservation Trust for North Carolina. 990 Page 1, Line 1 CTNC'S MISSION GROWS OUT OF OUR EXPERTISE IN LAND CONSERVATION, OUR SKILL IN BRINGING NEW PEOPLE TO CONSERVATION, AND OUR EXPANDING NETWORK OF PARTNER ORGANIZATIONS AND COMMUNITIES. BROUGHT TOGETHER, THESE CAPABILITIES DIRECT US NOW TO CONSERVE LAND IN WAYS THAT INSPIRE AND ENABLE PEOPLE TO BUILD RESILIENT, JUST COMMUNITIES. THE COMPLEX CHALLENGES FACING CONSERVATION IN NORTH CAROLINA REQUIRE CHANGES TO THE WAYS WE HAVE TRADITIONALLY WORKED. CARING FOR AND PROTECTING THE NATURAL HERITAGE OF OUR STATE REMAINS A CORE FUNCTION OF CTNC. WE WILL CONTINUE AND BUILD ON OUR LAND PROTECTION EFFORTS FOR WILDLIFE, SCENIC VISTAS, AND ECOLOGICAL HEALTH. BUT WE MUST GO FURTHER. WE MUST FACE THE IMPLICATIONS OF A CHANGING CLIMATE. OUR CONSERVATION WORK MUST MORE INTENTIONALLY CONNECT TO THE NEEDS OF RACIALLY AND SOCIOECONOMICALLY DIVERSE COMMUNITIES, ESPECIALLY THOSE MOST DIRECTLY AFFECTED BY OUR WORK. WE WILL NEED TO EXPAND OUR PARTNERSHIPS TO INCLUDE EXPERTISE IN, FOR EXAMPLE, ECONOMIC SUSTAINABILITY AND AFFORDABLE HOUSING. AS WE EXPAND OPPORTUNITIES FOR YOUTH AND YOUNG ADULTS TO HELP US CARRY OUT OUR MISSION ACROSS THE STATE, WE WILL INCREASINGLY FOCUS ON THE DIVERSITY OF PARTICIPANTS AND THEIR CONNECTIONS TO THE COMMUNITIES WE SERVE. COURAGEOUSLY VENTURING INTO THESE NEW ARENAS AND BUILDING TRUSTED PARTNERSHIPS WILL GROW A STRONGER NETWORK OF SUPPORTERS SEEKING CONSERVATION SOLUTIONS THAT ADDRESS COMMUNITY NEEDS. TOGETHER WE WILL BRING ABOUT SOLUTIONS THAT MAKE A WHOLE NORTH CAROLINA GREATER THAN ITS PARTS. Form 990, Part VI, Section B, line 11b THE 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT CPA FIRM AND REVIEWED BY THE CFO, AND THE EXECUTIVE DIRECTOR. CTNC'S BOARD FINANCE & AUDIT COMMITTEE HAS BEEN CHARGED WITH REVIEWING THE ANNUAL FORM 990. AFTER THE FINANCE & AUDIT COMMITTEE HAS REVIEWED AND ACCEPTED THE FORM 990, EACH VOTING MEMBER OF CTNC'S BOARD OF DIRECTORS IS PROVIDED AN ELECTRONIC COPY OF THE 990. Form 990, Part VI, Section B, line 12c EACH BOARD MEMBER IS GIVEN A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY ANNUALLY. EACH MEMBER IS REQUIRED TO FAMILIARIZE THEMSELVES WITH THIS POLICY. EACH BOARD MEMBER IS REQUIRED TO SIGN AND DISCLOSE ANY CONFLICTS OR POTENTIAL CONFLICTS OF INTEREST. THE SIGNED COPIES ARE MAINTAINED AT THE ORGANIZATION'S MAIN OFFICE. THESE ARE UPDATED ANNUALLY. Form 990, Part VI, Section B, line 15 WHEN HIRING THE EXECUTIVE DIRECTOR, AND ON AN ANNUAL BASIS THEREAFTER, THE PRESIDENT OF THE BOARD OF DIRECTORS AND MEMBERS OF THE EXECUTIVE COMMITTEE PERFORM A THOROUGH REVIEW TO DETERMINE SUITABLE COMPENSATION FOR THE EXECUTIVE DIRECTOR. THIS REVIEW IS FORMALLY DOCUMENTED AND INCLUDES A REVIEW OF COMPARABILITY DATA, INCLUDING COMPENSATION SURVEYS AND 990S OF SIMILAR ORGANIZATIONS. THE BOARD RETAINS DOCUMENTATION OF THE DISCUSSION AND FINAL DECISION. Form 990, Part VI, Section C, line 19 THE FORM 990 AND 1023 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. COPIES WILL BE PROVIDED IMMEDIATELY IN THE CASE OF IN-PERSON REQUESTS. REQUESTS RECEIVED BY WRITTEN, PHONE, FAX, OR EMAIL METHODS WILL BE HONORED BY DIRECTING THE REQUESTOR TO GUIDESTAR'S WEBSITE. WE RESERVE THE RIGHT TO CHARGE REASONABLE COPYING FEES PLUS ACTUAL POSTAGE FOR MULTIPLE COPIES REQUESTED FROM THE SAME INDIVIDUAL OR GROUP OF INDIVIDUALS. Form 990, Part IX, line 11g Other Professional Fees: Program service expenses 260,288. Management and general expenses 87,289. Fundraising expenses 9,335. Total expenses 356,912. Form 990, Part XII, Line 2c Oversight of the audit and selection of the independent accountant - the process has not changed since last year.