2025-11-14T11:13:26-05:00 2024-12-31 522212837 GREENE FINNEY CAULEY LLP 908 N MAIN ST ANDERSON SC 29621 990 2024-01-01 571007436 EDISTO ISLAND OPEN LAND TRUST EDIS 8438699004 PO BOX 1 EDISTO ISLAND SC 29438 JANET OAKLEY CHAIR 8438699004 2025-11-13 true true CHRISTOPHER S CAULEY P00534004 8642258713 2025-11-13 2024 2025-03-06 01:10:19Z JANET OAKLEY PO BOX 1 EDISTO ISLAND SC 29438 3425410 false X WWW.EDISTO.ORG X 1994 SC THE MISSION OF EDISTO ISLAND OPEN LAND TRUST IS TO PRESERVE AND PROTECT LANDS, SCENIC VISTAS, HERITAGE, AND CONSERVATION RESOURCES OF EDISTO ISLAND FOR FUTURE GENERATIONS. 14 14 6 75 0 1491053 3269441 0 42318 52000 50597 58359 1583968 3379800 875 0 0 340887 360201 0 84571 277781 561834 619543 922035 964425 2457765 4219120 6459688 51702 128204 4167418 6331484 THE MISSION OF THE ORGANIZATION IS TO PRESERVE THE RURAL QUALITY OF LIFE ON EDISTO BY PROTECTING LANDS, WATERWAYS, SCENIC VISTAS, AND HERITAGE THROUGH CONSERVATION AND EDUCATION. false false 622513 EDISTO ISLAND OPEN LAND TRUSTS MAIN GOAL IS TO PRESERVE AND PROTECT THE LAND THAT MAKES EDISTO ISLAND SPECIAL. THIS IS ACCOMPLISHED PRIMARILY BY ACCEPTING CONSERVATION EASEMENT DONATIONS FROM CONCERNED LANDOWNERS OR PURCHASING FEE OWNERSHIP OF LAND. THE ORGANIZATION CURRENTLY PROTECTS OVER 4,200 ACRES OF LAND. MOST OF THAT LAND IS PROTECTED THROUGH CONSERVATION EASEMENTS ON PRIVATE PROPERTY. THE ORGANIZATION FOLLOWS LAND TRUST ALLIANCE PRACTICES TO ENSURE ETHICAL AND RESPONSIBLE OPERATIONS OF THE ORGANIZATION AS A LAND TRUST, AND IS A NATIONALLY ACCREDITED LAND TRUST. THE LAND TRUST ALSO OVERSEES THE LEGACY LIVE OAK PROGRAM, STEWARDSHIP PROJECTS, AND EFFORTS TOWARDS IMPROVING WATER QUALITY IN EDISTO ISLAND CREEKS. 128330 THE HUTCHINSON HOUSE, CONSTRUCTED AROUND 1885, IS ONE OF THE OLDEST SURVIVING HOUSES BUILT BY AFRICAN AMERICANS DURING THE RECONSTRUCTION ERA ON EDISTO ISLAND. WHEN THE PROPERTY WENT FOR SALE, A COMMUNITY WIDE PUSH WAS MADE TO PURCHASE THE PROPERTY TO PRESERVE THE HOME. THE EDISTO ISLAND OPEN LAND TRUST STEPPED UP AS THE ORGANIZATION TO PURCHASE THE HOME. WITH THE FINANCIAL ASSISTANCE OF THE CHARLESTON COUNTY GREENBELT PROGRAM, THE ORGANIZATION WAS ABLE TO PURCHASE THE ADJACENT 9 ACRE PARCEL IN 2019 TO BUFFER THE HOME FROM RESIDENTIAL DEVELOPMENT. NOW THE EDISTO ISLAND OPEN LAND TRUST OWNS THE HOME AND THE LAND IT SITS ON WITH THE GOAL OF RESTORING THE HOME, INTERPRETING THE HISTORY OF THE LAND, AND BUILDING A COMMUNITY DRIVEN PUBLIC GREENSPACE FOR EDISTO ISLAND. 750843 true true false false false false true false false false true false false true false false true false false false false false false false true false false false false false false false false false false false false false true false false false true false false false false true 29 0 true 6 true false false false false false true true false false false true false false false X 14 14 false false false false false false false true true false false true true true true true true true false false SC X X KRYSTAL PARSONS 8438699004 PO BOX 1 EDISTO ISLAND SC 29438 JOHN GIRAULT EXECUTIVE DI 40.00 X 126757 0 6245 ROBERT HARE CHAIR 2.00 X X 0 0 0 THADDEUS DAISE VICE CHAIR 2.00 X X 0 0 0 ELEANOR ELLISON SECRETARY 2.00 X X 0 0 0 AARON JUSTICE TREASURER 2.00 X X 0 0 0 PETER BECK DIRECTOR 2.00 X 0 0 0 MARK CRAWFORD DIRECTOR 2.00 X 0 0 0 GREG ESTEVEZ DIRECTOR 2.00 X 0 0 0 SIDNEY GAUTHREAUX DIRECTOR 2.00 X 0 0 0 JAMES KEMPSON DIRECTOR 2.00 X 0 0 0 JENKINS MIKELL DIRECTOR 2.00 X 0 0 0 BARBARA NEALE DIRECTOR 2.00 X 0 0 0 ALETA RIESBERG DIRECTOR 2.00 X 0 0 0 CHARLES SNOW DIRECTOR 2.00 X 0 0 0 ELLEN UNGER DIRECTOR 2.00 X 0 0 0 126757 6245 1 false false false HUSS INC PO BOX 12339 CHARLESTON SC 29422 CONSTRUCTION 501181 DORCAS TUTEN PO BOX 1694 WALTERBORO SC 29488 REALTOR 413126 GRASSCHOPPERS 2762 HWY 174 EDISTO ISLAND SC 29438 SEPTIC WORK 126344 3 475530 69578 430640 2293693 1180546 3269441 53843 53843 1843 -1843 -1843 -1843 85090 69578 43767 41323 41323 7210 7210 7210 REFUNDS & REIMBURSEMENTS 999999 9826 9826 9826 3379800 110359 X 133001 93101 23940 15960 161928 115849 27647 18432 5830 4159 1003 668 32877 23325 5731 3821 26565 18825 4644 3096 15610 10927 2810 1873 222869 219228 3641 55111 27555 27556 20727 13831 3121 3775 9739 6817 1753 1169 27103 18972 4878 3253 3933 2753 708 472 13111 9178 2360 1573 RESTORATION PROJECTS 128330 128330 EDUCATION 29307 29307 DUES & SUBSCRIPTIONS 6540 6540 LAND STEWARDSHIP 5093 5093 24361 17053 4385 2923 922035 750843 86621 84571 1175859 1968709 1442714 942175 6723 9150 800 4532 1289257 869257 1289257 441336 1312486 282431 933379 4219120 6459688 51702 128204 51702 128204 X 2596941 3537006 1570477 2794478 4167418 6331484 4219120 6459688 X 2457765 9301 -303000 X false true X true false X 396686 964280 1283239 1491053 3269441 7404699 396686 964280 1283239 1491053 3269441 7404699 2472555 4932144 4863 37218 12230 39832 53843 147986 99198 76483 114459 40461 41323 371924 20 578 1631 9826 12055 7936664 23731 0.62140 0.68170 X PART II, LINE 10 REFUNDS & REIMBURSEMENTS 12,055 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X X 43 3645.30 1 true 497.00 11866 1289257 1289257 1289257 CONSTRUCTION IN PROGRESS 899179 OTHER ASSETS 34200 933379 3129868 9301 9301 3120567 259233 259233 3379800 965802 43767 43767 922035 922035 SCHEDULE D, PAGE 1, PART II, LINE 5 THE ORGANIZATION HAS A ROBUST MONITORING AND ENFORCEMENT POLICY THAT COVERS IDENTIFICATION OF VIOLATIONS, RESPONDING TO VIOLATIONS, EVALUATION VIOLATIONS, AND PROCEDURES FOR ENFORCEMENT. SCHEDULE D, PAGE 1, PART II, LINE 9 A CONSERVATION EASEMENT IS AN AGREEMENT BETWEEN A LANDOWNER AND THE ORGANIZATION IN WHICH THE LANDOWNER RELINQUISHES SOME OR ALL OF THE RIGHTS TO DEVELOP THE PROPERTY. THE EASEMENT IS PUBLICLY RECORDED AND IS BINDING ON ALL FUTURE OWNERS OF THE PROPERTY. THE ORGANIZATIONS PRINCIPAL RESPONSIBILITY IS TO ENSURE COMPLIANCE WITH THE TERMS OF THE EASEMENT. IT MEETS THIS RESPONSIBILITY BY PERIODICALLY INSPECTING THE PROPERTY AND, IF NECESSARY, TAKING APPROPRIATE ACTION TO ENFORCE THE EASEMENT. CONSERVATION EASEMENTS DONATED TO THE ORGANIZATION ARE RECORDED AT A ZERO VALUE IN THE STATEMENT OF FINANCIAL POSITION, THE STATEMENT OF ACTIVITIES AND THE STATEMENT OF FUNCTIONAL EXPENSES. CONSERVATION EASEMENTS THAT ARE PURCHASED ARE RECORDED AT A ZERO VALUE IN THE STATEMENT OF FINANCIAL POSITION AND ARE SHOWN AS AN EXPENSE IN THE STATEMENT OF ACTIVITIES AND STATEMENT OF FUNCTIONAL EXPENSES. THE FUNDING SOURCE THAT ENABLES THE PURCHASE OF THESE EASEMENTS IS SHOWN AS A REVENUE IN THE STATEMENT OF ACTIVITIES RESULTING IN A NET ZERO EFFECT ON NET ASSETS. THE ORGANIZATION BELIEVES THAT TRACKING THE VALUE OF CONSERVATION EASEMENTS UNDER MANAGEMENT IS USEFUL TO GAUGE THE SIGNIFICANCE OF THE ONGOING RESPONSIBILITY TO MONITOR THESE EASEMENTS. ACCORDINGLY, FOR PURPOSES OF FOOTNOTE DISCLOSURE ONLY, CONSERVATION EASEMENTS RECEIVED BY THE ORGANIZATION ARE REFLECTED AT THE VALUE PAID TO ACQUIRE THE CONSERVATION EASEMENT OR THE ESTIMATED VALUE OF THE DEVELOPMENT RIGHTS RELINQUISHED UNDER THE EASEMENT; THAT IS, THE AMOUNT OF THE REDUCTION IN FAIR MARKET VALUE (AS DEFINED IN IRS REGULATIONS) RESULTING FROM THE EASEMENT AT THE DATE IT IS RECORDED. THIS VALUE IS GENERALLY ESTABLISHED THROUGH QUALIFIED APPRAISALS THAT ARE PERFORMED AT OR NEAR THE RECORDING DATE. WHERE SUCH AN APPRAISAL IS NOT AVAILABLE, MANAGEMENT MAKES ITS BEST ESTIMATE OF THE VALUE BASED ON RELEVANT FACTS AND CIRCUMSTANCES. SCHEDULE D, PAGE 4, PART XI, LINE 4B NON CASH CONTRIBUTIONS RECEIVED BUT NOT RECORDED 303,000 SPECIAL EVENT DIRECT COSTS -43,767 SCHEDULE D, PAGE 4, PART XII, LINE 2D SPECIAL EVENTS DIRECT COSTS 43,767 OYSTER ROAST 91792 27450 64342 35061 AUCTION PARTY 62876 42128 20748 8706 154668 69578 85090 43767 43767 41323 X 1 3000 FAIR MARKET VALUE X 1 835418 FAIR MARKET VALUE X 1 300000 APPRAISAL X AUCTION ITEMS 71 42128 FAIR MARKET VALUE 1 false true false SCHEDULE M, PAGE 2, PART II PART I COLUMN (B): THE NUMBERS REPORTED HERE FOR EACH RESPECTIVE CATEGORY REPRESENT THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PAGE 6, PART VI, LINE 11B THE INITIAL DRAFTS OF FORM 990 ARE REVIEWED BY THE OFFICE MANAGER, THE TREASURER AND THE BOARD PRESIDENT WHERE ANY INITIAL CHANGES OR ADDITIONS ARE MADE. THESE CHANGES ARE INCORPORATED INTO THE 990 AND SUBSEQUENT DRAFTS ARE REVIEWED BY THE BOARD PRESIDENT AND TREASURER AND FINANCE COMMITTEE. WHEN FINAL REVIEWS ARE COMPLETED THE 990 IS THEN GIVEN TO THE FULL BOARD FOR THEIR INFORMATION AND COMMENT, IF ANY. FORM 990, PAGE 6, PART VI, LINE 12C AT THE BEGINNING OF A DIRECTOR'S TERM ON THE BOARD, THEY ARE ASKED TO SIGN A COPY OF THE CONFLICT OF INTEREST POLICY. THE DIRECTORS ARE ALSO ASKED TO REVIEW THE POLICY AT THE BEGINNING OF EACH YEAR. A CONFLICT OF INTEREST ACKNOWLEDGEMENT IS SIGNED YEARLY BY THE BOARD. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE COMMITTEE ESTABLISHES AND APPROVES COMPENSATION FOR THE EXECUTIVE DIRECTOR BASED ON DATA FROM THE LAND TRUST ALLIANCE AS WELL AS THE SC NON-PROFIT COMPENSATION REPORT. THE COMPENSATION PACKAGE IS INCLUDED IN THE ANNUAL BUDGET THAT THE FINANCE COMMITTEE RECOMMENDS TO THE FULL BOARD FOR FINAL APPROVAL. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES THE AUDITED FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G ACQUISITION FEES 7,583 0 0 CONSULTANTS 2,984 3,641 0 SEPTIC WORK CONTRACTORS 208,661 0 0 TOTAL 219,228 3,641 0 FORM 990, PART XI, LINE 9 NON-CASH CONTRIBUTIONS RECEIVED BUT NOT RECORDED -303,000 DURING THE YEAR, THE ORGANIZATION RECEIVED CONTRIBUTIONS OF A BOAT AND A HOUSE. THIS ACTIVITY WAS MISTAKENLY NOT RECORDED WITHIN THE AUDITED FINANCIALS BUT WAS DISCOVERED WHILE WORKING ON THE TAX RETURN. AS A RESULT, THE CONTRIBUTION REVENUE HAS BEEN RECORDED IN PART VIII OF THE RETURN AND AN OTHER CHANGE IN NET ASSETS HAS BEEN RECORDED HERE TO REFLECT THE DIFFERENCE. PRESERVE EDISTO LLC 547 HWY-174 SUITE 7G EDISTO ISLAND SC 29438 571007436 HOLDING SC 300000 300000 EDISTO ISL EDISTO ISLAND OPEN LAND TRUST