2022-05-04T16:02:51-05:00 2020-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1200 PORTLAND OR 97205 990 2020-01-01 911937645 VANCOUVER NATIONAL HISTORIC RESERVE TRUST VANC 3609921800 750 ANDERSON ST VANCOUVER WA 986613855 LINDA GLOVER BOARD CHAIR 3609921800 2022-05-02 1 LINDA GLOVER 999009999 WENDY CAMPOS P00448102 5032421447 2022-05-02 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z DAVID PEARSON 750 ANDERSON ST VANCOUVER WA 986613855 5441671 0 X WWW.THEHISTORICTRUST.ORG X 1998 WA THE TRUST INSPIRES CIVIC PRIDE AND ECONOMIC VITALITY THROUGH EDUCATION, PRESERVATION AND CELEBRATION OF OUR COMMUNITY'S HISTORY. 25 20 27 150 0 0 591428 832121 4472550 3738000 141419 154399 -16105 3564 5189292 4728084 10950 9958 0 0 1755954 1538216 0 0 199958 3279854 2894686 5046758 4442860 142534 285224 15866430 16487192 2553961 2813385 13312469 13673807 X THE TRUST INSPIRES CIVIC PRIDE AND ECONOMIC VITALITY THROUGH EDUCATION, PRESERVATION AND CELEBRATION OF OUR COMMUNITY'S HISTORY. 0 0 2461589 9958 2802086 MASTER LEASE OF CITY OF VANCOUVER PROPERTY:THE TRUST HOLDS A LONG TERM LEASE OF OFFICERS ROW AND THE WEST VANCOUVER BARRACKS FROM THE CITY OF VANCOUVER WHERE THE TRUST IS RESPONSIBLE FOR THE LEASING, MAINTENANCE AND PRESERVATION OF THE HISTORIC STRUCTURES. THE TRUST LEASES APPROXIMATELY 170,000 SQUARE FEET OF SPACE TO TENANTS WITH ADDITIONAL PUBLIC SPACES FOR EDUCATION, INTERPRETATION AND EVENT RENTAL VENUES. PUBLIC USE BUILDINGS AND EVENT VENUES INCLUDE THE HOWARD HOUSE, MARSHALL HOUSE, GRANT HOUSE, RED CROSS BUILDING AND THE ARTILLARY BARRACKS BUILDING. THESE LOCATIONS SERVE A VARIETY OF EVENTS THROUGHOUT THE YEAR INCLUDING WEDDINGS, BUSINESS MEETINGS, FUNDRAISERS, SEMINARS AND CONFERENCES FOR A VARIETY OF USERS WHO GET TO EXPERIENCE THE HISTORY AND THE HISTORIC SITE. EXPENSES LISTED ABOVE INCLUDE OPERATING EXPENSES, MASTER LEASE EXPENSES, TRANSFERS OUT AND CAPITAL FUND EXPENSES.IF THERE IS NET REVENUE REMAINING FROM OPERATIONS AFTER THE APPLICATION OF THE PAYMENT TO THE TRUST FOR GENERAL MANAGEMENT AND ADMINISTRATIVE COSTS THEN 60% OF THE AMOUNT SHALL BE PAID INTO A CAPITAL FUND HELD BY THE CITY AND 40% SHALL BE DEPOSITED INTO A DEVELOPMENT FUND TO BE HELD BY THE TRUST. THE TRUST IS RESPONSIBLE FOR REPAIR AND MAINTENANCE OF THE PREMISES. FUNDING FOR PROJECTS FOR CAPITAL IMPROVEMENTS SHALL BE MADE FROM THE CAPITAL FUND. THE PURPOSE OF THE DEVELOPMENT FUND IS TO MAKE RESOURCES AVAILABLE TO FUND ACTIVITIES NECESSARY TO THE CONTINUEDDEVELOPMENT OF THE RESERVE, WITH PRIORITY GIVEN TO THE PREMISES. FUNDS ALLOCATED TO THE DEVELOPMENT FUND FOR THE YEAR ENDED DECEMBER 31, 2020 WERE $80,143. 200485 0 98011 AVIATION EDUCATION PROGRAMS:THE TRUST'S AVIATION EDUCATION PROGRAMS INVOLVE HANDS ON ACTIVITIES THAT ARE TAUGHT BY PROFESSIONAL EDUCATORS AND TRAINED VOLUNTEERS WITH EXTENSIVE BACKGROUNDS IN EDUCATION AND AVIATION. THE PROGRAMS INCLUDE MULTIPLE AVIATION SUMMER CAMPS, AN ANNUAL AVIATION EDUCATION RESOURCE FAIR, YOUNG EAGLES PROGRAM, FLIGHT SIMULATOR LAB INSTRUCTION, AERO MODELING, OPEN COCKPIT VISITS IN A VARIETY OF AIRCRAFT, AND THE EDUCATION ON THE RICH HISTORY OF THE PEARSON AIR FIELD, FIRST AIRPORT IN THE PACIFIC NORTHWEST, AND ONE OF THE OLDEST OPERATING AIRFIELDS IN THE COUNTRY. THE TRUST OPERATES THE PEARSON FIELD EDUCATION CENTER (PFEC) AND PARTICIPATES IN OUTREACH PROGRAMS WITH SCHOOLS AND PROGRAMS SUCH AS MESA (MATH, ENGINEERING, SCIENCE ACHIEVEMENTS), CAREER AND COLLEGE FAIRS, VOLUNTEER FAIRS, AVIATION DAY WITH ALASKA AIRLINES, THE WASHINGTON STATE SCHOOL FOR THE DEAF, DE LA SALLE NORTH, SCIENCE FAIRS, GIRL FEST PROGRAM BY THE GIRL SCOUTS OF AMERICA, BOY SCOUTS OF AMERICA, THE BOYS AND GIRLS CLUB, DREAM OREGON, IURBAN TEEN, WASHINGTON STATE UNIVERSITY VANCOUVER, CLARK COLLEGE, AIR SCIENCE KIDS, AMERICAN HERITAGE GIRLS, DRUG REHABILITATION PROGRAMS WITH DAYBREAK YOUTH SERVICES, AND IS THE CORNERSTONE OF THE CASCADIA TECH AVIATION PROGRAM. THE EDUCATION CENTER IS ALSO OPEN TO THE PUBLIC AND FACILITATES SCHOOL GROUP TOURS DURING THE WEEKDAY FOR STUDENTS. 99295 0 85493 CELEBRATE FREEDOM PROGRAMS:THE TRUST COORDINATES AND PRODUCES THE CELEBRATE FREEDOM PROGRAMS THAT INCLUDE EDUCATIONAL, INTERPRETIVE AND ENTERTAINMENT ACTIVITIES TO ENGAGE THE COMMUNITY ON THE HISTORIC SITE AND EDUCATE VISITORS ON OUR RICH HISTORY. THESE PROGRAMS INCLUDE THE GENERAL GEORGE C. MARSHALLPUBLIC AND YOUTH LEADERSHIP AWARD PROGRAMS, GENERAL GEORGE C. MARSHALL LECTURE SERIES, INDEPENDENCE DAY AND VETERANS PARADE AT FORT VANCOUVER.THE GENERAL GEORGE C. MARSHALL PUBLIC AND YOUTH LEADERSHIP AWARD PROGRAMS HONORED AN ADULT AND A SENIOR HIGH SCHOOL STUDENT FOR THEIR COMMITMENT TO PUBLIC SERVICE AND DEMONSTRATED LEADERSHIP POTENTIAL. 1105621 0 752410 OTHER PROGRAM REVENUE AND EXPENSES NOT RELATED TO THE THREE LARGEST PROGRAMS. 1105621 0 752410 3866990 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 17 0 1 27 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 20 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA OR X LINDA GLOVER BOARD CHAIR 3609921813 750 ANDERSON ST VANCOUVER WA 98661 DAVID PEARSON PRESIDENT/ CEO 40.00 X 131738 0 0 JOHN DEEDER BOARD CHAIR 1.00 X X 0 0 0 LINDA GLOVER VICE CHAIR 1.00 X X 0 0 0 MIKE WILLIAMS SECRETARY 1.00 X X 0 0 0 BRAD CARLSON TREASURER 1.00 X X 0 0 0 STACEY GRAHAM IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 BRENDA ALLING TRUSTEE 1.00 X 0 0 0 BEN BAGHEPOUR TRUSTEE 1.00 X 0 0 0 TWILA BARNES TRUSTEE 1.00 X 0 0 0 JOHN BLOM TRUSTEE 1.00 X 0 0 0 GEORGE BRYANT TRUSTEE 1.00 X 0 0 0 KIM CAPELOTO TRUSTEE 1.00 X 0 0 0 JOAN CAVANAGH TRUSTEE 1.00 X 0 0 0 PAUL CHRISTENSEN TRUSTEE 1.00 X 0 0 0 ROD COOK TRUSTEE 1.00 X 0 0 0 AMY CORNELIUS TRUSTEE 1.00 X 0 0 0 ERIC FULLER TRUSTEE 1.00 X 0 0 0 BRUCE HAGENSEN TRUSTEE 1.00 X 0 0 0 RICHARD KELLER TRUSTEE 1.00 X 0 0 0 TOM J MAGINNIS TRUSTEE 1.00 X 0 0 0 AMY ROBINSON TRUSTEE 1.00 X 0 0 0 STEVE SAVAGE TRUSTEE 1.00 X 0 0 0 ALBERT SCHLOTFELDT TRUSTEE 1.00 X 0 0 0 LARRY SMITH TRUSTEE 1.00 X 0 0 0 PAUL SPEER TRUSTEE 1.00 X 0 0 0 MICHELLE THOR TRUSTEE 1.00 X 0 0 0 131738 0 0 1 0 0 0 SCHOMMER CONSTRUCTION 6421 NE COLWOOD WAY PORTLAND OR 97218 CONSTRUCTION 268979 MARATHON CONSTRUCTION 30050 SW TOWN CENTER LOOP WEST SUI WILSONVILLE OR 97070 CONSTRUCTION 176828 DISTINCTIVE LANDSCAPING 16620 E 72ND AVE VANCOUVER WA 98686 LANDSCAPING 156004 3 56614 243937 531570 832121 HISTORIC PROPERTY RENT 531310 3706387 3706387 FACILITY AND EVENT REN 531310 25749 25749 PROVIDENCE ACADEMY 531310 5864 5864 3738000 45064 45064 822922 713587 109335 109335 109335 2971 56614 0 2971 2971 MISC. INCOME 900099 593 593 593 4728084 3738000 0 157963 9958 9958 131737 103686 11718 16333 1097925 852919 101673 143333 79786 64283 5448 10055 117643 101465 8657 7521 111125 88324 9332 13469 4267 2760 1465 42 117290 75866 40274 1150 14100 14100 328076 240884 85285 1907 28936 26888 2048 8619 3309 3527 1783 1959725 1951348 8377 3564 2953 68 543 59578 59578 168614 155006 13608 110976 80566 30410 SUPPLIES 69093 35773 30433 2887 OTHER EXPENSES 21848 11424 9489 935 4442860 3866990 375912 199958 282659 249904 1632048 2282823 133598 121992 15086 244285 8571 16110 11972265 577577 11231960 11394688 2562508 2177390 15866430 16487192 232759 444781 117717 93926 1368988 1380396 320259 834497 574023 2553961 2813385 X 11413082 11674134 1899387 1999673 13312469 13673807 15866430 16487192 X 285224 89030 -12916 X X 0 1 X 1 0 X 464813 2394874 512806 591428 832121 4796042 464813 2394874 512806 591428 832121 4796042 742040 4054002 50634 67948 75851 97312 45064 336809 593 593 5133444 20044222 0.78970 0.67180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 811252 57228 230000 42068 596412 717439 13707 122702 42596 811252 788031 11858 -52373 30077 717439 715041 12732 96328 36070 788031 708827 10654 32595 37035 715041 1.00000 0 0 5571268 5571268 5839814 487306 5352508 176339 90271 86068 384844 384844 11394688 SECURITY DEPOSITS 189973 OPERATING LEASE PAYABLE 252262 GIFT ANNUITY LIABILITIES 121438 OTHER CURRENT LIABILITIES 10350 574023 X PART III, LINE 1A: DURING 2005, THE TRUST ASSUMED OPERATIONS OF AVIATION PROGRAMS AT THE PEARSON AIR MUSEUM AND ACQUIRED RELATED MUSEUM ASSETS. THESE ASSETS CONTINUE TO BE USED IN THE TRUST'S AVIATION EDUCATION PROGRAMS AND AT THE PEARSON FIELD EDUCATION CENTER. THE ASSETS CONSIST OF AIRPLANES, EXHIBITS AND OTHER COLLECTIONS. IT IS NOT PRACTICAL TO ESTIMATE THE FAIR VALUE OF THE ASSETS AND, AS SUCH, THEY HAVE NOT BEEN CAPITALIZED IN THE ACCOMPANYING CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. COLLECTIONS AND EXHIBITS ACQUIRED SINCE JANUARY 1, 2006 HAVE BEEN CAPITALIZED AND ARE RECORDED AT FAIR VALUE AS OF THE DATE CONTRIBUTED OR AT COST, IF PURCHASED. DUE TO THEIR NATURE, EXHIBITS AND COLLECTIONS ARE NOT DEPRECIATED. UPON THE DEACCESSION OF COLLECTIONS AND EXHIBITS, THE TRUST'S POLICY IS TO USE THOSE PROCEEDS FOR THE ACQUISITION OF NEW COLLECTION ITEMS AND THE DIRECT CARE OF EXISTING COLLECTIONS. DIRECT CARE COSTS INCLUDE COSTS THAT ENHANCE THE LIFE, USEFULNESS, OR QUALITY OF THE TRUST'S COLLECTION AND PROVIDE A BENEFIT TO THE TRUST'S COLLECTION. PART X, LINE 2: THE TRUST IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE TRUST RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE TRUST RECOGNIZES INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS, IF ANY, IN OTHER EXPENSES. THE TRUST HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2020 OR 2019. THE TRUST FILES AN EXEMPT ORGANIZATION RETURN IN THE U.S. FEDERAL JURISDICTION AND APPLICABLE UNRELATED BUSINESS INCOME TAX RETURNS FOR U.S. FEDERAL AND WASHINGTON PURPOSES. LET'S TAKE FLIGHT 59585 56614 2971 59585 56614 2971 2971 1 MARSHALL YOUTH LEADERSHIP AWARD 1 9700 258 CASH AND FMV COMPUTER HARDWARE FORM 990, PART VI, SECTION A, LINE 2 BRAD CARLSON IS A BOARD MEMBER FOR RIVERVIEW BANK. IT IS POSSIBLE THAT OTHER BOARD MEMBERS MAY BANK THERE BUT NOT VERIFIED. STEVE HORENSTEIN MAY HAVE SERVED AS LEGAL COUNSEL TO OTHER BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN PREPARER PROVIDES A DRAFT FORM 990 FOR THE PRESIDENT TO REVIEW AND MAKE CHANGES. DRAFT COPIES OF THE RETURN WILL BE EMAILED TO THE BOARD MEMBERS WHO WILL THEN HAVE A CHANCE TO COMMENT AND ASK QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO IMMEDIATELY DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST WHEN IT ARISES. IF IT APPEARS ANY CONFLICT MAY EXIST, AN INVESTIGATION AND INQUIRY BY STAFF IS PERFORMED AND REPORTED TO THE BOARD. IF A DIRECT CONFLICT EXISTS, THE BOARD MEMBER IS EXCUSED DURING ANY RELATED DISCUSSIONS. THE POLICY IS REVIEWED YEARLY AT THE FIRST BOARD MEETING OF THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE WEIGHS IN ON THE CEO'S COMPENSATION EVERY YEAR DURING THE BUDGETING PROCESS. THEY LOOK AT OTHER CEO PAY FOR SIMILAR TYPE ORGANIZATIONS. THE CEO AND CONTROLLER LOOK AT SALARY SURVEYS FOR THE OTHER POSITIONS POSTED. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST, DOCUMENTS WILL BE PROVIDED. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, DOCUMENTS WILL BE PROVIDED. FORM 990, PART XI, LINE 9: CHANGE IN ACTUARIAL VALUE OF SPLIT INTEREST AGREEMENTS -12,916. FORM 990, PART XII, LINE 2C: AUDIT COMMITTEE: THERE HAS BEEN NO CHANGE IN THE PROCESS OF OVERSEEING OR SELECTING OUTSIDE AUDITORS FROM THE PRIOR YEAR. ACADEMY DEVELOPMENT LLC 750 ANDERSON STREET VANCOUVER WA 98661 REAL ESTATE HOLDING WA 373089 2370283 VANCOUVER NATIONAL HISTORIC RESERVE TRUST PROVIDENCE ACADEMY LLC 750 ANDERSON STREET VANCOUVER WA 98661 REAL ESTATE HOLDING WA 659960 9302052 VANCOUVER NATIONAL HISTORIC RESERVE TRUST PART 1, IDENTIFICATION OF DISREGARDED ENTITIES NAME AND ADDRESS OF DISREGARDED ENTITY: ACADEMY DEVELOPMENT LLC 750 ANDERSON STREET VANCOUVER, WA 98661 NAME AND ADDRESS OF DISREGARDED ENTITY: PROVIDENCE ACADEMY, LLC 750 ANDERSON STREET VANCOUVER, WA 98661