2026-06-23T09:58:37-05:00 2025-09-30 410746749 CLIFTONLARSONALLEN LLP 5255 EAST WILLIAMS CIRCLE SUITE 5000 TUCSON AZ 85711 990 2024-10-01 866148507 ARIZONA LAND AND WATER TRUST INC ARIZ 5205778564 5049 E BROADWAY 117 TUCSON AZ 857113646 CLINT MABIE TREASURER 5205778564 2026-06-22 1 1 JONATHAN WITTMANN P02338566 5207903500 2026-06-22 2024 2025-03-06 01:10:19Z DIANA FRESHWATER 5049 E BROADWAY 117 TUCSON AZ 857113646 3815922 0 X WWW.ALWT.ORG X 1978 AZ PRESERVING SOUTHERN ARIZONA'S WESTERN LANDSCAPES, FARMS AND RANCHES, WILDLIFE HABITAT AND WATERS. 14 14 8 16 0 0 3518326 1211616 55800 24793 203887 79310 0 0 3778013 1315719 1704 250 0 0 611945 545851 41900 34500 267169 477348 414635 1132897 995236 2645116 320483 19568796 20333957 141372 106016 19427424 20227941 X ARIZONA LAND AND WATER TRUST HAS BEEN A TRUSTED PARTNER TO RANCHERS AND FARMERS OF SOUTHERN ARIZONA FOR OVER 40 YEARS. THE TRUST ACHIEVES ITS MISSION TO PROTECT LAND AND WATER BY WORKING WITH PRIVATE LANDOWNERS (CONTINUED ON SCHEDULE O)WHO ARE INTERESTED IN VOLUNTARILY CONSERVING THEIR LANDS. THE TRUST ALSO WORKS WITH PUBLIC ENTITIES TO DEVELOP LOCAL AND COMMUNITY CONSERVATION PLANS AND GOALS, AND OFTEN SERVES AS A BRIDGE BETWEEN PUBLIC ENTITIES AND PRIVATE LANDOWNERS. THE TRUST IS ONE OF NUMEROUS CONSERVATION ORGANIZATIONS QUALIFIED BY STATE AND FEDERAL REGULATIONS TO ACCEPT CONSERVATION EASEMENTS AND CHARITABLE CONTRIBUTIONS. 0 0 551448 250 -92008 ARIZONA LAND AND WATER TRUST CONTINUED TO ADVANCE ITS PROTECTION OF BIOLOGICALLY SENSITIVE AREAS AND WORKING LANDSCAPES THROUGHOUT FY25, PRODUCING A NUMBER OF OUTREACH AND EDUCATION COMMUNITY WORKSHOPS ON LAND AND WATER PROTECTION OPTIONS, AND PROVIDING TECHNICAL ASSISTANCE ON CONSERVATION, LAND USE AND POLICY-RELATED ISSUES. THE TRUST MAINTAINED THE PROTECTION OF ITS EXISTING EASEMENTS AND PROPERTIES AND MADE FURTHER PROGRESS ON PROTECTING NEW LANDS. THE TRUST CONTINUED ITS INNOVATIVE WATER CONSERVATION EFFORTS, SAVING MILLIONS OF GALLONS OF WATER FOR THE ENVIRONMENT TO DATE, AND EXPANDED ITS FOCUS INTO THE AREA OF RESILIENCY EFFORTS ON LANDS ALREADY PROTECTED BY THE ORGANIZATION.(CONTINUED ON SCHEDULE O)AS OF 9/30/25, ARIZONA LAND AND WATER TRUST HAD PROTECTED NEARLY 72,000 ACRES TO DATE WITH WILLING LANDOWNERS AND OVER 500,000 ACRES AS A RESULT OF OUR POLICY WORK IN LAND AND WATER PLANNING, HABITAT CONSERVATION AND WILDLIFE CORRIDOR MAPPING. OUR CONSERVATION EFFORTS AND PARTNERSHIPS HAVE LEVERAGED UPWARDS OF $350,000,000 OVER THE LIFE OF THE ORGANIZATION FOR LAND AND WATER CONSERVATION.DURING FISCAL YEAR 2025, ARIZONA LAND AND WATER TRUST CONTINUED TO ADVANCE ITS PROTECTION OF BIOLOGICALLY SENSITIVE AREAS AND WORKING LANDSCAPES, ACQUIRING ANOTHER 233 ACRES OF THE AT RISK SOPORI WATERSHED, AS WELL AS MAINTAINING THE PROTECTION OF THE TRUST'S 40 CONSERVATION EASEMENTS IN PARTNERSHIP WITH THOSE PRIVATE, AGRICULTURAL LANDOWNERS. 551448 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 20 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X CAMERON BECKER 5205778564 5049 E BROADWAY BLVD SUITE 117 TUCSON AZ 85177 DIANA FRESHWATER PRESIDENT 7.00 X X 0 0 0 BEN BROPHY VICE-PRESIDENT 1.00 X X 0 0 0 CLINT MABIE TREASURER 1.00 X X 0 0 0 GEORGE RUYLE SECRETARY 1.00 X X 0 0 0 LAURA BROWN DIRECTOR 1.00 X 0 0 0 LES COREY DIRECTOR 2.00 X 0 0 0 NICOLE FYFFE DIRECTOR 1.00 X 0 0 0 CHARLOTTE HANSON DIRECTOR (THROUGH 02/25) 1.00 X 0 0 0 PAT LOPEZ DIRECTOR 1.00 X 0 0 0 ROB MARSHALL DIRECTOR 1.00 X 0 0 0 AMBER MORIN DIRECTOR 1.00 X 0 0 0 NANETTE PAGEAU DIRECTOR 1.00 X 0 0 0 KAREN RIGGS DIRECTOR 1.00 X 0 0 0 PEGGY ROWLEY DIRECTOR 1.00 X 0 0 0 BILL SHAW DIRECTOR 1.00 X 0 0 0 BILL ROE DIRECTOR (THROUGH 02/25) 1.00 X 0 0 0 MICHAEL MCDONALD EXECUTIVE DIRECTOR (THROUGH 05/25) 50.00 X 142538 0 13327 CAMERON BECKER EXECUTIVE DIRECTOR (AS OF 05/25) 40.00 X 119173 0 0 261711 0 13327 1 0 1 0 0 170365 1041251 253956 1211616 CONSERVATION INCOME 531390 24793 24793 24793 206183 206183 2279678 93652 2289750 210453 -10072 -116801 -126873 -116801 -10072 1315719 -92008 0 196111 X 250 250 278489 41774 125319 111396 200821 167912 32909 5913 5193 720 24112 19521 4591 36516 22762 4111 9643 48493 36650 1937 9906 30660 23172 1225 6263 34500 34500 27575 27575 174806 166449 1367 6990 1627 768 859 26875 12097 3451 11327 5376 4063 215 1098 22412 13400 3678 5334 6260 4932 526 802 11053 9732 379 942 1993 1142 347 504 11875 7347 1848 2680 PUBLIC EDU & OUTREACH 15004 15004 DUES AND SUBSCRIPTIONS 13327 6022 1803 5502 LICENSE AND FEES 11937 5896 1161 4880 EQUIP LEASE/MAINT 5362 3134 909 1319 995236 551448 176619 267169 230155 406199 3153455 695764 90000 1763 289403 192582 12798 9275 12173455 7398 11518923 12166057 4145596 6790595 128466 71722 19568796 20333957 75451 44460 11530 65921 50026 141372 106016 X 16621183 17932185 2806241 2295756 19427424 20227941 19568796 20333957 320483 480034 0 X X 0 1 X 1 0 X 6739784 17465546 7546271 3518326 1211616 36481543 6739784 17465546 7546271 3518326 1211616 36481543 1998439 34483104 60427 145294 193018 175312 206183 780234 37261777 882781 0.92540 0.92300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 40 31408.00 0 0 0 1 1 473.00 87570 1643864 2293163 112729 37235 5086 4007435 1416913 267589 33957 6681 1643864 1265707 47507 139029 29537 5793 1416913 1340943 154722 -191685 32613 5660 1265707 1055277 133801 176669 19386 5418 1340943 0.57220 0.27860 0.14920 0 0 12088329 12088329 79721 1993 77728 5405 5405 0 12166057 LEASE LIABILITIES - OPERATING 50026 50026 1768178 480034 480034 1288144 27575 27575 1315719 967661 0 967661 27575 27575 995236 PART II, LINE 9: ALWT IS A CONSERVATION ORGANIZATION HAVING AMONG ITS PURPOSES THE PROTECTION ON BEHALF OF THE PUBLIC OF OPEN SPACE, SCENIC, HISTORIC, AND RECREATIONAL LANDS. AS SUCH, ALWT IS ELIGIBLE TO BE A HOLDER OF CONSERVATION EASEMENTS. AS THE HOLDER OF A CONSERVATION EASEMENT, ALWT IS GENERALLY RESPONSIBLE FOR ENSURING THAT THE TERMS OF THE EASEMENT ARE NOT VIOLATED. AT SEPTEMBER 30, 2025 AND 2024, ALWT HELD 40 CONSERVATION EASEMENTS, RESPECTIVELY. ALWT HAS OPTED TO EXPENSE PURCHASED CONSERVATION EASEMENTS. DONATED EASEMENTS ARE RECORDED AS AN IN-KIND CONTRIBUTION AND RELATED EXPENSE. ALWT DID NOT HAVE IN-KIND CONTRIBUTION OF EASEMENTS IN 2025 AND 2024. PART V, LINE 4: THE PRIMARY OBJECTIVE OF TRUST ENDOWMENT FUNDS IS TO COVER EXPENSES RELATED TO ONGOING STEWARDSHIP AND MONITORING OBLIGATIONS IN PERPETUITY ON THE PART OF THE TRUST FOR CONSERVATION EASEMENT PROPERTIES. ADDITIONALLY, INCOME FROM A SUBSET OF THE FUNDS ARE USED TO COVER GENERAL OPERATIONS AND CONSERVATION PROGRAMS. X X X X X 1 ROBERT EDISON 4561 N BAUXITE WAY TUCSON AZ 85750 PERSONAL SOLICITATION 0 315000 34500 280500 315000 34500 280500 AZ CT KY MN MO WA WI X X 0 0 0 0 0 0 0 0 0 MICHAEL MCDONALD EXECUTIVE DIRECTOR (THROUGH 05/25) 142538 0 0 0 0 0 4350 0 8977 0 155865 0 0 0 X 7359 253956 FMV 0 0 1 1 PART I, COLUMN (B): THE NUMBER OF ITEMS CONTRIBUTED WAS USED IN PART I. PART I, LINE 32B: ALWT WORKS WITH TCI WEALTH ADVISORS TO LIQUIDATE ANY NON-CASH GIFTS OF STOCK UPON RECEIPT. FORM 990, PART VI, SECTION A, LINE 1A THERE SHALL BE AN EXECUTIVE COMMITTEE TO THE BOARD OF DIRECTORS WHICH SHALL CONSIST OF THOSE PERSONS SERVING AS OFFICERS OF THE CORPORATION AND ONE OR MORE AT-LARGE MEMBERS OF THE BOARD OF DIRECTORS AS APPOINTED BY THE PRESIDENT. THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY OF THE BOARD OF DIRECTORS AS TO MATTERS THAT MAY ARISE BETWEEN MEETINGS OF THE BOARD BROUGHT TO ITS ATTENTION BY THE EXECUTIVE DIRECTOR AND BE OF ASSISTANCE TO THE EXECUTIVE DIRECTOR IN THE MANAGEMENT OF THE AFFAIRS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE ORGANIZATION'S INDEPENDENT CPA WITH INFORMATION PROVIDED BY MANAGEMENT. THE FINANCE COMMITTEE WILL REVIEW THE 990 WITH COPIES SENT TO THE ENTIRE BOARD. IF THERE ARE NO QUESTIONS OR CONCERNS, THE FORM 990 WILL BE FILED. IF THERE ARE QUESTIONS OR CONCERNS THAT THE FINANCE COMMITTEE CANNOT RESOLVE, THE COMMITTEE WILL MAKE A RECOMMENDATION TO THE BOARD OF DIRECTORS WHO WILL MAKE THE FINAL DETERMINATION AND APPROVAL OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C TRUST DIRECTORS REVIEW THE POLICY ANNUALLY. IN ANY INSTANCES WHERE A CONFLICT MIGHT ARISE, THE ISSUE IS DISCUSSED WITH THE INDIVIDUAL(S) WHO MIGHT BE IN CONFLICT. THE EXECUTIVE COMMITTEE REVIEWS POTENTIAL CONFLICTS AND MAKES RECOMMENDATIONS ON ANY RESTRICTIONS TO IMPOSE TO THE BOARD AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15A THE TRUST EXECUTIVE COMMITTEE REVIEWS COMPARABLE COMPENSATION OF EXECUTIVE DIRECTORS THROUGH THE LAND TRUST ALLIANCE PERIODIC SALARY AND BENEFIT SURVEY AND THE SALARY & BENEFITS SURVEY OF WESTERN ENVIRONMENTAL GROUPS. EFFECTIVE 2013 AND THEREAFTER EVERY THREE YEARS, THIS INFORMATION SHALL ALSO BE SHARED WITH THE FINANCE COMMITTEE AND THE BOARD OF DIRECTORS. IF THE EXECUTIVE COMMITTEE BELIEVES THAT A SALARY INCREASE IS APPROPRIATE BASED UPON THE EXECUTIVE DIRECTOR'S PERFORMANCE REVIEW AND COMPARABLE NONPROFIT SURVEY DATA, IT SHALL BE EFFECTIVE OCTOBER 1. THIS PROCESS LAST TOOK PLACE IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENT AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. UPON REQUEST, THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 166,449. MANAGEMENT AND GENERAL EXPENSES 1,367. FUNDRAISING EXPENSES 6,990. TOTAL EXPENSES 174,806. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSEEING AND SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.