2026-09-23T10:42:14-05:00 2025-12-31 352102008 CNA TAX PROFESSIONALS INC 10475 CROSSPOINT BOULEVARD SUITE 200 INDIANAPOLIS IN 46256 990 2025-01-01 943116010 OPAL COMMUNITY LAND TRUST OPAL 3603763191 PO BOX 1133 EASTSOUND WA 98245 BONNIE BURG TREASURER 3603763191 2026-09-21 1 CAMI DEMAREE CPA P00742922 3178413393 2026-09-10 2025 BONNIE BURG PO BOX 1133 EASTSOUND WA 98245 11268572 0 X WWW.OPALCLT.ORG X 1989 WA THE MISSION OF OPAL COMMUNITY LAND TRUST IS TO HELP SUSTAIN ORCAS ISLAND AS A HEALTHY, ECONOMICALLY DIVERSE COMMUNITY BY PROVIDING PERMANENTLY AFFORDABLE HOMES AND RELATED EDUCATION AND SUPPORT FOR ISLANDERS-FAMILIES, SENIORS AND SINGLES - WHOSE HOUSING NEEDS ARE NOT MET BY THE TRADITIONAL MARKET. 11 11 11 35 0 0 3151329 9824268 700683 1175982 179971 211761 66151 25287 4098134 11237298 0 0 0 0 936508 1150561 0 0 60122 609692 611676 1546200 1762237 2551934 9475061 38003267 47955764 5632268 6046001 32370999 41909763 X THE MISSION OF OPAL COMMUNITY LAND TRUST IS TO HELP SUSTAIN ORCAS ISLAND AS A HEALTHY, ECONOMICALLY DIVERSE COMMUNITY BY PROVIDING PERMANENTLY AFFORDABLE HOMES AND RELATED EDUCATION AND SUPPORT FOR ISLANDERS-FAMILIES, SENIORS AND SINGLES - WHOSE HOUSING NEEDS ARE NOT MET BY THE TRADITIONAL MARKET. 0 0 180284 280465 HOUSING DEVELOPMENT: DEVELOP LAND AND HOUSES TO RENT OR OWN THAT ARE AFFORDABLE TO LOW TO MODERATE INCOME HOUSEHOLDS. PROVIDE HOUSING COUNSELING AND RELATED SUPPORT SERVICES. 70732 78297 LOAN PROGRAMS: PROVIDE LOANS TO ELIGIBLE HOUSEHOLDS TO ENABLE THEM TO PURCHASE A HOME. 212707 198470 LEASEHOLD STEWARDSHIP: LEASE LAND AND PROVIDE SUPPORT SERVICES TO HOMEOWNERS WHO LEASE LAND FROM OPAL. 807416 618750 807416 618750 1271139 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 51 0 1 11 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X X X ELISABETH BYERS 3603763191 PO BOX 1133 EASTSOUND WA 98245 ANNE BERTINO FORMER SECRETARY 2.00 X X 0 0 0 MINOR LILE TREASURER 2.00 X X 0 0 0 BONNIE BURG VICE PRESIDENT 2.00 X X 0 0 0 EROS BELLIVEAU TRUSTEE 2.00 X 0 0 0 ANNE MARIE SHANKS SECRETARY/ FORMER VICE PRESIDENT 2.00 X X 0 0 0 BOB MORRIS TRUSTEE 2.00 X 0 0 0 RUSTY DIGGS PRESIDENT 2.00 X X 0 0 0 MARGARET MILLS FORMER PRESIDENT 2.00 X X 0 0 0 MALLORY HAGEL TRUSTEE 2.00 X 0 0 0 JAMI MITCHELL TRUSTEE 2.00 X 0 0 0 MANDY RANDOLPH TRUSTEE 2.00 X 0 0 0 ELISABETH BYERS EXECUTIVE DIR. 40.00 X 139020 0 4171 139020 0 4171 1 0 0 0 WELLMAN & ZUCK CONSTRUCTORS LLC 1840 IRON ST STE A BELLINGHAM WA 98225 CONSTRUCTION 3729838 EASTSOUND WATER USERS ASSOCIATION 286 ENCHANTED FOREST RD EASTSOUND WA 98245 WATER 309782 2 91800 3792426 5940042 9824268 RENT 531110 618750 618750 DEVELOPER FEES 900099 245556 245556 LEASE FEES 531110 198470 198470 INTEREST FROM ISLAND LOAN FUND 900099 78297 78297 HOUSE SALES 900099 23207 23207 11702 11702 1175982 211216 211216 26000 25455 545 545 545 0 91800 5819 -5819 -5819 OTHER INCOME 900099 31106 31106 31106 11237298 1175982 0 237048 X 143191 87557 50155 5479 1007370 615976 352845 38549 23850 14052 9798 5148 3033 2115 1816 1070 746 8358702 8318183 40519 7875 4167 1306 2402 810359 763115 44969 2275 16079 8311 5794 1974 172814 172814 206253 206253 DUES, FEES, & SHARED CO 34779 100837 -75501 9443 IN-KIND ADJUSTMENT -1770 -1770 PROPERTY MANAGEMENT -537110 -537110 CAPITALIZAED COSTS -8487119 -8487119 1762237 1271139 430976 60122 1624959 420256 191172 1586194 483954 555382 9593976 9332694 3469 4296 31333538 1682090 23538215 29651448 2278899 3876162 -263 -320 288886 2529652 38003267 47955764 715921 973331 4865113 5002866 51234 69804 5632268 6046001 X 31945494 39534258 425505 2375505 32370999 41909763 38003267 47955764 X 9475061 69609 -5906 X 0 1 X 1 0 X 2523830 3285007 3804112 3151329 9824268 22588546 551915 591191 728944 700683 1175982 3748715 3075745 3876198 4533056 3852012 11000250 26337261 8000 8000 0 8000 8000 26329261 123834 102358 147323 179964 211761 765240 123834 102358 147323 179964 211761 765240 -14451 12186 7360 66151 25287 96533 3185128 3990742 4687739 4098127 11237298 27199034 0.96800 0.96580 0.02810 0.02720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 6520 0 0 6520 0 PART II-B, LINE 1: OPAL'S TIME ON LOBBYING ACTIVITIES TOTALED A COST OF $6,520 AND 68 HOURS. 721321 18211 739532 691315 30006 721321 655043 36272 691315 636972 30000 -11929 655043 602326 34646 636972 0.88000 0.12000 0.00000 0 0 9366430 9366430 21967108 1682090 20285018 29651448 HOUSE HELD FOR SALE 2282537 DEVELOPER FEE RECEIVABLE 247115 2529652 SECURITY DEPOSITS 35903 PREPAID LEASE 33901 69804 X 11302536 69609 1770 5819 77198 11225338 11960 11960 11237298 1757809 1770 5819 7589 1750220 12017 12017 1762237 PART X, LINE 2: OPAL FILES THE REQUIRED FEDERAL AND STATE INFORMATION RETURNS. WHENEVER TAX RETURNS ARE FILED, THE FILING ORGANIZATION MUST EVALUATE THE MERITS OF ITS TAX POSITIONS AND DETERMINE IF THEY WILL BE ULTIMATELY SUSTAINED. THOSE TAX POSITIONS FOR OPAL INCLUDE MAINTAINING THEIR TAX-EXEMPT STATUS AND THE TAXABILITY OF ANY UNRELATED BUSINESS INCOME. OPAL BELIEVES THESE POSITIONS ARE SUSTAINABLE. ALTHOUGH OPAL HAS NOT INCURRED ANY INTEREST AND PENALTIES ASSOCIATED WITH THESE POSITIONS, IT IS THEIR POLICY TO EXPENSE THEM IN THE STATEMENT OF ACTIVITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE ADJUSTMENT 5,819. PART XI, LINE 4B - OTHER ADJUSTMENTS: APRIL GROVE ELIMINATIONS 12,017. EARNINGS FROM APRIL GROVE -57. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE ADJUSTMENT 5,819. PART XII, LINE 4B - OTHER ADJUSTMENTS: APRIL GROVE ELIMINATIONS 12,017. MATIA DINNER 91800 91800 5819 91800 91800 5819 5819 -5819 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - INDIVIDUALS AND BUSINESSES CAN BECOME MEMBERS OF OPAL COMMUNITY LAND TRUST, BY MAKING A SMALL DONATION. MEMBERSHIPS ARE RENEWED ANNUALLY. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - MEMBERS OF OPAL COMMUNITY LAND TRUST ELECT THE GOVERNING BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - MEMBERS OF OPAL COMMUNITY LAND TRUST APPROVE DECISIONS, AS REQUIRED BY THE ORGANIZATION'S BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE FORM 990 WAS DRAFTED BY OPAL COMMUNTIY LAND TRUST'S AUDITORS. A DRAFT COPY WAS REVIEWED BY THE EXECUTIVE DIRECTOR AND BY MEMBERS OF THE VOLUNTEER BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES COMPLETE A DISCLOSURE STATEMENT. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY INDEPENDENT PERSONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST,POSTED ON OPAL'S WEBSITE, AND ON OTHER WEBSITES. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL EXPENSES: PROGRAM SERVICE EXPENSES 58,114. MANAGEMENT AND GENERAL EXPENSES 40,519. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 98,633. PROFESSIONAL PROJECT SERVICES: PROGRAM SERVICE EXPENSES 8,260,069. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,260,069. FORM 990, PART XI, LINE 9: CAPITAL DISTRIBUTION -5,906. LAVENDER HOLLOW LLC PO BOX 1133 EASTSOUND WA 98245 430672551 PROVIDE RENTAL UNITS TO LOW & MODERATE INCOME FAMILIES WA 324853 1896125 OPAL COMMUNITY LAND TRUST APRIL'S GROVE GP LLC PO BOX 1133 EASTSOUND WA 98245 PROVIDE RENTAL UNITS TO LOW & MODERATE INCOME FAMILIES WA -57 -320 OPAL COMMUNITY LAND TRUST NORTHERN HEIGHTS LLC PO BOX 1133 EASTSOUND WA 98245 301349806 PROVIDE RENTAL UNITS TO LOW & MODERATE INCOME FAMILIES WA 32233 2212635 OPAL COMMUNITY LAND TRUST APRIL'S GROVE LLLP PO BOX 1133 EASTSOUND WA 98245 822844077 PROVIDE RENTAL UNITS TO LOW & MODERATE INCOME FAMILIES WA OPAL COMMUNITY LAND TRUST -56 -342 0 1 0.00010 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 APRILS GROVE D 7505421 ACTUAL APRILS GROVE D 247115 ACTUAL APRILS GROVE D 5796 ACTUAL APRILS GROVE L 32343 ACTUAL