2025-10-08T07:14:36-05:00 2024-12-31 910870697 AIKEN & SANDERS INC PS 324 S MAIN ST UNIT A MONTESANO WA 985634502 990 2024-01-01 911439338 BAINBRIDGE ISLAND LAND TRUST BAIN 2068421216 PO BOX 10144 BAINBRIDGE ISLAND WA 98110 CULLEN BRADY EXECUTIVE DIRECTOR 2068421216 2025-10-06 1 0 LONNIE RICH CPA P00333655 3605333370 2024 2025-03-06 01:10:19Z CULLEN BRADY PO BOX 10144 BAINBRIDGE ISLAND WA 98110 2655292 0 X WWW.BI-LANDTRUST.ORG X 1989 WA LAND PRESERVATION AND CONSERVATION EDUCATION. 14 14 15 180 0 0 2976337 2403048 0 26103 107214 190051 -86694 -40383 2996857 2578819 0 0 0 0 727275 690877 0 0 236975 545845 565678 1273120 1256555 1723737 1322264 19689124 20832875 1926123 1622600 17763001 19210275 LAND PRESERVATION AND CONSERVATION EDUCATION. 0 0 412382 34577 LAND PRESERVATION AND CONSERVATION-ACCEPTING AND STEWARDING CONSERVATION EASEMENTS AND PROTECTED LAND. 114802 CONSERVATION EDUCATION, PUBLIC EVENTS, COMMUNITY OUTREACH. 243646 COLLECTING AND DISBURSING DONATIONS TO PURCHASE PUBLIC OPEN SPACE AND PROTECTED NATURE PRESERVES.IN 2024, $1,460,000 WAS PAID FOR THE ACQUISITION OF OPEN SPACE LAND. AS THESE PAYMENTS ADD A NEW LAND ASSET, THEY DO NOT APPEAR DIRECTLY UNDER EXPENSES IN PART III, 4A & B, NOR ON PART XI IN THE STATEMENT OF FUNCTIONAL EXPENSES. 770830 1 1 0 0 0 0 1 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 3 0 1 15 1 0 0 0 0 0 1 1 0 0 0 1 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 WA X THE ORGANIZATION 2068421216 292 ERICKSON AVE NE BAINBRIDGE ISLAND WA 98110 JENNY LANGE PRESIDENT 5.00 X X 0 0 0 BEN KLASKY VICE-PRESIDENT 5.00 X X 0 0 0 CAROLYN HARPER SECRETARY 5.00 X X 0 0 0 SANDY SCHUBACH DIRECTOR 2.00 X 0 0 0 STEVE TODD DIRECTOR 2.00 X 0 0 0 MARADEL GALE DIRECTOR 2.00 X 0 0 0 LORI WEISE DIRECTOR 2.00 X 0 0 0 STEVE JENNING DIRECTOR 2.00 X 0 0 0 NICOLE BAVO DIRECTOR 2.00 X 0 0 0 LAURIE MILLER TREASURER 5.00 X X 0 0 0 FREDRIC HOFFER DIRECTOR 2.00 X 0 0 0 NORA NICKUM DIRECTOR 2.00 X 0 0 0 TOM RINGO DIRECTOR 2.00 X 0 0 0 AZURE BOURE DIRECTOR 2.00 X 0 0 0 CULLEN BRADY EXECUTIVE DIRECTOR 40.00 X 113905 0 3487 113905 0 3487 1 0 0 0 0 97494 50167 419191 421185 1415011 187666 2403048 PROGRAM EVENT INCOME 900099 26103 26103 26103 177771 177771 7019 5261 0 0 7019 5261 12280 12280 25800 419191 74657 -48857 -48857 5208 1816 3392 3392 OTHER INCOME 900099 5082 5082 5082 2578819 34577 0 141194 X 117390 61043 31695 24652 474808 246900 128198 99710 22834 11873 6166 4795 26219 13219 6491 6509 49626 25383 13945 10298 4636 4636 17950 17950 241709 213615 3679 24415 18006 6606 11400 61507 25281 7988 28238 20177 9034 4126 7017 50595 27702 12195 10698 2982 2743 184 55 3101 2907 -211 405 63205 63205 9595 9019 576 15863 9937 5926 LAND & EASEMENT STEWARD 17764 17764 LAND TRANSACTION COSTS 14546 14546 DUES & SUBSCRIPTIONS 11309 2356 8893 60 BANK AND CREDIT CARD FE 10274 602 949 8723 2459 2459 1256555 770830 248750 236975 234201 419156 4291470 3014847 1403233 10000 4445 2629 49934 18150 15124996 14815 13646210 15110181 2233170 59631 24742 19689124 20832875 56492 89525 1810000 1508333 59631 24742 1926123 1622600 X 15126445 16368712 2636556 2841563 17763001 19210275 19689124 20832875 1322264 65034 59976 0 X X 0 1 X 1 0 X 2702765 3262038 2000213 2976337 2428848 13370201 2702765 3262038 2000213 2976337 2428848 13370201 13370201 32015 1983 18907 107214 184790 344909 45961 8852 35601 2323 5082 97819 13812929 81212 0.96790 0.97780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 48 763.36 0 0 2 1 1 1797.00 39851 1 14986195 14986195 75345 11660 63685 63456 3155 60301 15110181 CHARLES SCHWAB INVESTMENTS 2233170 F 2233170 OPERATING LEASE LIABILITY 24742 24742 X 2776782 65034 58272 74657 197963 2578819 0 2578819 1329508 -1704 74657 72953 1256555 0 1256555 PART II, LINE 3: THERE WERE TWO AMENDMENTS IN 2024; GAZZAM (THE KPUD AMENDMENT) AND KIRKBY. NO CONSERVATION EASEMENTS WERE TRANSFERRED TO OTHER ORGANIZATIONS NOR WERE ANY RELEASED. GAZZAM SECOND AMENDMENT REVISED THE LANGUAGE OF THE ACTIVE RECREATION AREA PORTION OF THE CONSERVATION EASEMENT TO ACKNOWLEDGE THE WATER RIGHTS AND WATER STORAGE TANKS OWNED BY THE KITSAP PUBLIC UTILITY DISTRICT (KPUD) IN A 100FT X 100FT AREA THAT PREDATE THE CONSERVATION EASEMENT AND ALLOW THE EXPANSION OF THE 100FT BY 100FT AREA BY AN ADDITIONAL 50FT X 100FT AREA TO ALLOW KPUD TO REPLACE 2 OUTDATED AND UNDERSIZED WATER TANKS WITH FOUR LARGER TANKS AND A WELL IN ORDER TO PROVIDE SUFFICIENT WATER SUPPLY AND PRESSURE TO FIGHT FIRES ON THE SOUTHSIDE OF THE ISLAND. AS THE CONSERVATION EASEMENT ALLOWS FOR THE FULL DEVELOPMENT OF THE ACTIVE RECREATION AREA, EXPANDING THE WATER UTILITY AREA BY AN ADDITIONAL 50FT BY 100FT MADE NO NEGATIVE IMPACT TO THE CONSERVATION VALUES OF THE CONSERVATION EASEMENT AND IN FACT FURTHER RESTRICTED WHAT BIMPRD (THE PROPERTY OWNER) COULD DO ON THE PROPERTY, IN DIRECTLY HELPING TO PROTECT THE FORESTS WITH THE ACTIVE RECREATION AREA. THE KIRKBY FIRST AMENDMENT WAS A MAJOR OVERHAUL AND UPDATE OF THE LANGUAGE AND EXHIBITS OF THE CONSERVATION EASEMENT. THE AMENDMENT ADDRESSED SEVERAL DEFICIENCIES AND AMBIGUITIES IN THE ORIGINAL CONSERVATION EASEMENT THAT INHIBITED THE GRANTOR'S ABILITY TO CARRY OUT CERTAIN RESERVED RIGHTS AS WELL AS INHIBITED THE GRANTEE'S ABILITY TO PROTECT AND PRESERVE THE CONSERVATION VALUES OF THE PROTECTED PROPERTY. NEW RESTRICTIONS AND RESPONSIBILITIES WERE ADDED TO THE CONSERVATION EASEMENT TO FURTHER INCREASE THE PROTECTIONS ON THE PROPERTY. PART II, LINE 5: THE ORGANIZATION'S POLICY IS TO MONITOR ALL CONSERVATION EASEMENTS ON AN ANNUAL BASIS AND TO ENFORCE THE TERMS OF ALL EASEMENTS, INCLUDING PURSUING LITIGATION IF NECESSARY. PART II, LINE 9: THE ORGANIZATION USES A ZERO VALUE APPROACH TO VALUING EASEMENTS. A TYPICAL LAND TRUST EASEMENT PROVIDES THE ORGANIZATION WITH NO AFFIRMATIVE RIGHTS EXCEPT THE RIGHT TO MONITOR AND ENFORCE THE EASEMENTS AND THUS CONSTITUTES A LIABILITY TO THE ORGANIZATION FOR FUTURE COSTS TO MONITOR AND ENFORCE THE EASEMENTS. PART X, LINE 2: THE ORGANIZATION DID NOT REPORT ANY UNCERTAIN TAX POSITIONS IN THE FINANCIAL STATEMENTS FOR 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE 74,657. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE 74,657. PRESERVATION PARTNERS 444991 419191 25800 35062 35384 4211 444991 419191 25800 35062 35384 4211 74657 -48857 X 1 1704 SALE PRICE X 4 185962 AVERAGE PRICE/PUBLIC M. 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 THE LAND TRUST IS A MEMBERSHIP ORGANIZATION WITH 3,300 + MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ORGANIZATION MEMBERS ELECT ALL MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE OF THE BOARD IS TASKED WITH REVIEWING THE COMPLETED FORM 990 AND THE EXECUTIVE DIRECTOR, TREASURER, AND AT LEAST ONE OTHER MEMBER PERFORM AN IN DEPTH REVIEW OF THE FORM BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, STAFF, AND BOARD COMMITTEE MEMBERS ARE REQUIRED TO COMPLETE AN ANNUAL FORM IN WHICH THEY DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST OF THEIR OWN OR ANY CONFLICTS THAT THEY ARE AWARE OTHERS IN THE ORGANIZATION MAY HAVE AND CERTIFY THAT THEY HAVE READ AND ARE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. AS MATTERS COME BEFORE THE BOARD THAT MAY PRESENT A CONFLICT OF INTEREST, THE SITUATION THAT MAY PRESENT THE CONFLICT IS REVIEWED AGAINST BOARD OR OTHER MEMBER DECLARATIONS, AND IF A CONFLICT IS DEEMED BY THE BOARD OR RELEVENT COMMITTEE TO EXIST, THE PARTY IN QUESTION RECUSES HIM/HERSELF FROM TAKING PART IN THAT MATTER OF BUSINESS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD MAKES A RECOMMENDATION FOR THE EXECUTIVE DIRECTOR'S COMPENSATION. THAT RECOMMENDATION IS THEN PRESENTED FOR FINAL APPROVAL BY THE BOARD OF DIRECTORS. COMPENSATION SURVEYS OF RELEVANT REGIONAL LAND TRUST ASSOCIATIONS AND OTHER COMPARABLE ORGANIZATIONS OF SIMILAR SCOPE AND FINANCIAL RESOURCES ARE USED TO INFORM THE DECISION. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION FORM 1023 AND FORM 990 ARE MADE AVAILABLE TO THE PUBLIC UPON A WRITTEN OR IN PERSON REQUEST TO THE ORGANIZATION'S OFFICE AT 292 ERICKSON AVE NE, BAINBRIDGE ISLAND, WA 98110. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES FINANCIAL INFORMATION UPDATES TO GUIDESTAR. ADDITIONALLY, THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON A WRITTEN OR IN PERSON REQUEST TO THE ORGANIZATION'S OFFICE AT 292 ERICKSON AVE NE, BAINBRIDGE ISLAND, WA 98110. FORM 990, PART IX, LINE 11G IT SUPPORT: PROGRAM SERVICE EXPENSES 7,423. MANAGEMENT AND GENERAL EXPENSES 2,566. FUNDRAISING EXPENSES 1,362. TOTAL EXPENSES 11,351. RESTORATION CONSTRUCTION & PROJECT CONSULTATION: PROGRAM SERVICE EXPENSES 126,431. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 126,431. CONSULTING: PROGRAM SERVICE EXPENSES 29,682. MANAGEMENT AND GENERAL EXPENSES 1,113. FUNDRAISING EXPENSES 18,340. TOTAL EXPENSES 49,135. GRAPHIC DESIGN: PROGRAM SERVICE EXPENSES 2,537. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 4,713. TOTAL EXPENSES 7,250. SURVEY: PROGRAM SERVICE EXPENSES 36,535. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,535. PHOTOGRAPHY/VIDEO: PROGRAM SERVICE EXPENSES 11,007. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,007. FORM 990, PART XII, LINE 2C: THE OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.