2026-02-02T09:51:51-08:00 2025-06-30 202571677 CORLISS & SOLOMON PLLC 242 CHARLOTTE ST SUITE 1 ASHEVILLE NC 28801 990 2024-07-01 621098890 Southern Appalachian Highlands Conservancy SOUT 8282530095 372 Merrimon Avenue Asheville NC 28801 Carl Silverstein Executive Director 8282530095 2026-02-02 true true Todd Oldenburg P02281691 8282360206 2026-02-02 2024 2025-03-06 01:10:19Z Carl Silverstein 372 Merrimon Avenue Asheville NC 28801 30654733 false X www.appalachian.org X 1974 NC To conserve the unique plant and animal habitat, clean water, farmland, scenic beauty, and places for all people to enjoy outdoor recreation in the mountains of North Carolina and Tennessee, enduring for future generations. 13 13 28 490 57774 0 47063165 28796108 39190 21772 722180 1715907 158207 113044 47982742 30646831 182463 18500 0 1707655 2002947 0 218910 2335685 6435700 4225803 8457147 43756939 22189684 125041070 148373858 1438705 2690618 123602365 145683240 To conserve the unique plant and animal habitat, clean water, farmland, scenic beauty, and places for all people to enjoy outdoor recreation in the mountains of North Carolina and Tennessee, enduring for future generations. Continued-see schedule O. false false 7901210 18500 21722 Over the past fiscal year we completed 19 major conservation transactions discussed below which protected 2,820 acres of key mountain lands. This includes 15 fee simple purchases and 4 conservation easement purchases. The total value of the 19 transactions was $28.1 million. Landowner donation value was $3 million. The purchase price of the transactions was $25.1 million. At times the organization purchases land below appraised value in transactions that were not planned to be bargain purchases. In this tax year that difference totaled $0.3 million. The $25.1 million purchase prices came in the form of private philanthropic contributions and federal and state grants. We are now working on more than 50 significant transactions, which we hope will protect another 7,700 acres in the next 12-18 months. One particular transaction included above was the Richmond Hill Park Addition Its transaction value was $12.4 million. Our Farmland Access Program supports local communities, local food production, and the long- term productive use of farmland. We work with different members of the farming community to ensure that our agricultural resources stay productive - providing local food from local farms. We continue to work toward our goals to Protect and Steward land, and to advance opportunities for access to land, in order to carry out SAHCs Vision and Mission. Our Connecting People with Nature program connects people with land for outdoor recreation, health, fitness, well-being and learning. We led 34 outings for over 700 people to protected places. 7901210 true true false false false false true false false true true false false true false true true true false false false false false false false false false true false true false false false false false false false false true true false false true false false false false false true 35 0 true 28 true true true false false false false false false false false false false false false X 13 13 false false false false false false false true true false false true true true true true true true false false NC FL GA SC AL TN VA OR X Lisa Fancher 8282530095 372 Merrimon Ave Asheville NC 28801 Carl Silverstein Executive Director 40.00 X 139126 0 41481 Kristy Urguhart Associate Director 40.00 X 135756 0 32614 Sheryl Aikman President 2.00 X X 0 0 0 Larry Pender Vice President 2.00 X X 0 0 0 Pam Kelley Treasurer 2.00 X X 0 0 0 Janet Garret Secretary 2.00 X X 0 0 0 Kayla Carter Board Member 1.00 X 0 0 0 Sarah Davis Board Member 1.00 X 0 0 0 Mary Fanslow Board Member 1.00 X 0 0 0 Kevin Fitzgerald Board Member 1.00 X 0 0 0 Jeff Hatling Board Member 1.00 X 0 0 0 John McLendon Board Member 1.00 X 0 0 0 Maria Palamar Board Member 1.00 X 0 0 0 Spencer Scheidt Board Member 1.00 X 0 0 0 Allison Williams Board Member 1.00 X 0 0 0 274882 0 74095 2 false true false Kee Mapping Surveying P O Box 2566 Asheville NC 28802 Surveying 397350 Gary L Gouge 9918 NC 261 Bakersville NC 28705 Contruction repairs/ facility improvements 137450 2 X 14440 2077507 26704161 1711472 28796108 Mitigation Credits Earned 531390 0 0 0 Monitoring Contracts 541900 21772 0 0 Workshop 999999 0 0 0 21772 539275 0 539275 72961 0 72961 72961 57774 15187 1176632 1176632 1176632 0 0 1176632 14440 4075 7902 -3827 -3827 Other Income 900099 1224 0 0 1224 Present Value Discount Amortization 900099 42686 42686 0 0 43910 30646831 64458 57774 1728491 18500 18500 360608 288486 36061 36061 1351900 1170437 53558 127905 33322 28941 1236 3145 130971 113272 5298 12401 126146 107617 6463 12066 78318 78318 0 0 24620 0 24620 0 106320 0 106320 0 152392 139116 7838 5438 18866 14345 395 4126 72805 53528 14646 4631 81499 65547 15749 203 10941 9913 514 514 28473 23342 4802 329 163217 149859 13358 0 70877 52949 16802 1126 Below Book Value Land Sales 2151627 2151627 0 0 Surveys, Appraisals, ESA 771344 771344 0 0 Stewardship and Trails 433626 433626 0 0 Conservation Easement Purchases 1980821 1980821 0 0 289954 249622 29367 10965 8457147 7901210 337027 218910 100926 144223 4203019 1783032 60900 254744 132550 132326 26746 28654 127092400 1196370 103767492 125896030 7678785 10230216 9070652 9904633 125041070 148373858 34385 37691 1404320 2652927 1438705 2690618 X 18616293 19275860 104986072 126407380 123602365 145683240 125041070 148373858 22189684 -108809 X false true X true true true X 0 0 8529531 12032835 10856052 47063165 28790108 107271691 28512 35918 20321 40914 25847 151512 8221 0 8221 0 8558043 12076974 10876373 47104079 28815955 107431424 0 2662703 1731022 0 0 4393725 0 0 2662703 1731022 0 0 4393725 103037699 257908 314604 311190 451890 617602 1953194 257908 314604 311190 451890 617602 1953194 24679 254 395 44437 43910 113675 109498293 0.94100 0.93930 0.01780 0.01560 X Pt III Ln 12 Other Income Part III, Line 12 Description: Miscellaneous 2020: 24679. 2021: 254. 2022: 395. 2023: 44437. 2024: 43910. Description: Sale of Land - net RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 181 36484.00 4 2 true 6277.00 260048 true 9637817 75000 943219 117314 66063 10472659 8374089 515205 1176747 369683 58541 9637817 5923406 2302650 410397 218338 44026 8374089 4592114 2470328 -897823 193880 47333 5923406 4135591 0 601087 118861 25703 4592114 0.80750 0.19250 true false 0 122531468 122531468 4190924 996390 3194534 209056 121993 87063 160952 77987 82965 125896030 Funds/Endowments held by Community Foundation 7715753 Land Assets Subject to Life Estate, Net 2169575 Mitigation Bank Escrow Accounts 19305 9904633 X 28308977 -108809 21000 7902 -79907 28388884 106320 2151627 2257947 30646831 6228102 21000 7902 28902 6199200 106320 2151627 2257947 8457147 Pt II, Line 5 SAHC has a conservation easement monitoring & enforcement policy thats been adopted based on guidelines set forth by the Land Trust Alliance through its accreditation process. Monitoring is performed by a Land Stewardship Coordinator. SAHC has enforcement capability & maintains a legal defense fund. Pt II, Line 9 SAHCs policy related to reporting of conservation easements as stated in the audit is as follows: Easements received by donation are not recognized in assets or in income, and easements purchased are expensed. Pt V, Line 4 To generate income for conservation easement stewardship, land acquisition and other conservation purposes consistent with the purpose and terms of each endowment fund. Pt X, Line 2 SAHC is exempt from federal income taxes under 501(c)(3) of the Internal Revenue Code. Under the Code, however, income from certain activities not related to an organizations tax-exempt purpose may be subject to taxation as unrelated business income. SAHC had income from unrelated business activities during the 2024-25 fiscal year and is therefore required to file Federal Form 990-T (Exempt Organization Business Income Tax Return). SAHC anticipates that there will be no tax due on its 990-T. It believes that it has appropriate support for all tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. Pt XI, Line 2d Cost of Goods Sold $7,902 Pt XII, Line 2d Cost of Goods Sold $7,902 Pt II, Line 3 Four easements were modified, ditinguished, released, or terminated. Pt XII, Line 4b Below book value sales transfers to State Pt XI, Line 4b Below book value sales transfers to State true Bonesteel Films Inc 117 Bell Rd Asheville NC 28801 582250749 18500 George Masa documentary 1 0 false false false false false false false false false Carl Silverstein 160500 0 0 0 0 0 4815 0 15292 0 180607 0 0 0 Kristy Urguhart 150500 0 0 0 0 0 4515 0 13355 0 168370 0 0 0 X 14 103815 Stock Market Value X 5 1595779 Appaisal Value 0 X Donated goods untilized 22 11878 Fair market value false true false Pt I Line 33 SAHC does not carry conservation easements as assets on the organizations books. Accordingly, donated conservation easements are not recognized as revenue. Pt VI, Line 11b The 990 is prepared by independent accountants, reviewed by management, presented to the Finance Committee for review, and once approved, presented to the entire Board for review and comment. Pt VI, Line 12c All Trustee members and staff must sign an annual conflict of interest statement acknowledging that they understand the policy and procedures. As part of this policy there is a disclosure procedure if there is knowledge of a possible conflict of interest. Pt VI, Line 15a Compensation to the Executive Director is determined by the board with survey analysis of other land trusts and nonprofit organizations Pt VI, Line 18 Forms 990 are available on the IRS website and the websites of many charity watch organizations and upon request. Form 1023 is available upon request. Pt VI, Line 19 Governing documents, conflict of interest policy & financial statements are available upon request. Other Mission Statement continued: We achieve this through long-term conservation relationships with private landowners and public agencies and owning and managing land. We are committed to creating and supporting equitable, healthy and thriving communities for everyone in our region. Pt VIII Line 6b - Rental expenses are detailed in Form 990-T. AFFP LLC 372 Merrimon Avenue Asheville NC 28801 621098890 Conservation Project NC 71261 2217053 Southern Appalachian Highlands Conservancy SYMP LLC 372 Merrimon Ave Asheville NC 28801 621098890 Conservation Project NC 0 36761421 Southern Appalachian Highlands Conservancy SAHC LLC 372 Merrimon Ave Asheville NC 28801 Conservation Project NC 0 1211059 Southern Appalachian Highlands Conservancy