2022-11-15T11:02:50-05:00 2021-12-31 042917204 ANSTISS & CO PC 6 OMNI WAY SUITE 201 CHELMSFORD MA 018244141 990 2021-01-01 237305157 HARVARD CONSERVATION TRUST HARV 9784569292 PO BOX 31 HARVARD MA 01451 MICHAEL MORTON PRESIDENT 9784569292 2022-11-15 true MICHAEL MORTON 999009999 BRENDAN E TOOLIN P01323447 9784522500 2022-11-15 2021 2022-09-23 18:48:47Z MICHAEL MORTON PO BOX 31 HARVARD MA 01451 2039900 false X WWW.HARVARDCONSERVATIONTRUST.ORG X 1973 MA TO PRESERVE THE UNIQUE CHARACTER AND NATURAL RESOURCES OF HARVARD. 14 14 2 50 0 504737 378132 0 -127619 452546 0 377118 830678 0 0 50139 21931 0 2530 114171 61832 164310 83763 212808 746915 10015742 10779000 26791 13036 9988951 10765964 TO PRESERVE THE UNIQUE CHARACTER AND NATURAL RESOURCES OF HARVARD. false false 27253 PROGRAM SERVICE EXPENSES RELATE TO THE COST OF ACQUIRING AND PRESERVING LAND FOR THE TOWN OF HARVARD, MA. 27253 true true false false false false true false false true true false false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 3 0 false 2 true false false false false false false false false false false false false X 14 14 false false false false true true true true true false false true true true true true true true false false X SHANNON KELLEY 9784569292 PO BOX 31 HARVARD MA 01451 MICHAEL MORTON PRESIDENT 10.00 X X 0 0 0 GINA ASHE VICE PRESIDE 10.00 X X 0 0 0 ABBE ALPERT CLERK 10.00 X X 0 0 0 SHANNON KELLEY TREASURER 10.00 X X 0 0 0 DAVID BURNEY TRUSTEE 10.00 X 0 0 0 MATTHEW CRONIN TRUSTEE 10.00 X 0 0 0 BOB DOUGLAS TRUSTEE 10.00 X 0 0 0 PETER FOLEY TRUSTEE 10.00 X 0 0 0 ANYA KANE TRUSTEE 10.00 X 0 0 0 WILLIAM KEMEZA TRUSTEE 10.00 X 0 0 0 JOHN LEE TRUSTEE 10.00 X 0 0 0 MARGARET COYLE NESTLER TRUSTEE 10.00 X 0 0 0 LYNN THORNTON TRUSTEE 10.00 X 0 0 0 BEN URQUHART TRUSTEE 10.00 X 0 0 0 RUDY MINAR TERM 112021 TRUSTEE 10.00 X X 0 0 0 TERESA GARTI TERM 112021 TRUSTEE 10.00 X 0 0 0 BRIAN COLLERAN EXECUTIVE DI 40.00 X 8790 0 0 8790 false false false 36816 341316 10096 378132 120952 120952 1540816 1209222 331594 331594 331594 830678 331594 120952 20014 16364 1312 2338 1917 1342 383 192 7950 7950 29955 29955 1165 1165 3245 3245 898 898 6000 6000 3348 1949 1399 ADMINISTRATION 8937 7264 1673 DISCOVERY 334 334 83763 27253 53980 2530 224042 510969 42497 66024 10974 1652 1726 4542521 3040 4539481 4539481 4632646 5023102 575424 626724 10015742 10779000 15391 1636 11400 11400 26791 13036 X 5126246 5507259 4862705 5258705 9988951 10765964 10015742 10779000 746915 30098 X true X false true false X 324129 280361 105411 504737 378132 1592770 324129 280361 105411 504737 378132 1592770 52512 65000 22500 90488 237000 467500 52512 65000 22500 90488 237000 467500 1125270 121597 127414 131646 106235 120952 607844 121597 127414 131646 106235 120952 607844 445726 407775 237057 610972 499084 2200614 0.51130 0.66110 0.28000 0.27000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 24 481.73 1 1 true 1040.00 2081048 230659 2311707 2006400 74648 2081048 1746758 294577 34935 2006400 1717349 95665 -53993 12263 1746758 1515931 48561 183166 30309 1717349 1.00000 false false 4539481 4539481 3040 3040 4539481 DEVELOPMENT PROPERTY 575000 SECURITY DEPOSIT 51700 CONSERVATION RESTRICTIONS 24 626724 X SCHEDULE D, PAGE 1, PART II, LINE 5 THE ORGANIZATION MONITORS EASEMENTS IN THE NORMAL COURSE OF ITS OPERATIONS. SCHEDULE D, PAGE 1, PART II, LINE 9 CONSERVATION EASEMENT ACQUISITION COSTS ARE EXPENSED AS INCURRED. SCHEDULE D, PAGE 2, PART V, LINE 4 THE INTENDED USE OF THE ORGANIZATION'S ENDOWNMENT FUNDS IS TO PROVIDE A SUSTAINABLE SOURCE OF FUNDS TO SUPPORT EFFORTS TO PRESERVE THE UNIQUE CHARACTER AND NATURAL RESOURCES OF HARVARD, MASSACHUSETTS. SCHEDULE D, PAGE 3, PART X HARVARD CONSERVATION TRUST HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS, THEREFORE, GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. ASC 740-10, "INCOME TAXES" REQUIRES THE ORGANIZATION TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. HARVARD CONSERVATION TRUST REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF HARVARD CONSERVATION TRUST'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT HARVARD CONSERVATION TRUST IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX- EXEMPT NOT-FOR-PROFIT ENTITY. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS THREE CLASSES OF MEMBERS: LIFE MEMBERS, REGULAR MEMBERS, AND CHARTER MEMBERS. LIFE MEMBERS AND REGULAR MEMBERS HAVING VOTING RIGHTS AT ALL MEMBER MEETINGS. FORM 990, PAGE 6, PART VI, LINE 7A LIFE MEMBERS AND REGULAR MEMBERS HAVE THE RIGHT TO ELECT TRUSTEES OF THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 7B LIFE MEMBERS AND REGULAR MEMBERS ALL HAVE THE RIGHT TO APPROVE CHANGES TO THE BY-LAWS AND CONSTITUTION. FORM 990, PAGE 6, PART VI, LINE 11B THE CHAIR OF THE FINANCE COMMITTEE AND THE EXECUTIVE DIRECTOR WILL REVIEW THE FORM 990 AND MAKE IT AVAILABLE TO ALL OF THE TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 12C ALL TRUSTEES, EMPLOYEES, CLOSE RELATIVES, MAJOR DONORS, RELATED ORGANIZATIONS, AND OTHER INSIDERS, AS DEFINED IN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, ARE REQUIRED TO BRING ANY INVOLMENT IN A CONFLICT OR APPEARANCE OF CONFLICT TO THE ATTENTION OF THE DESIGNATED TRUSTEE. THE TRUSTEE SELECTED TO MANAGE CONFLICT OF INTEREST ISSUES WILL DEVELOP A RECOMMENDED COURSE OF ACTION TO BE SUBMITTED TO THE FULL BOARD OF TRUSTEES AS THE FINAL ARBITER OF THE ISSUE. UNTIL THE BOARD OF TRUSTEES VOTE ON A RECOMMENDED COURSE OF ACTION, THE INDIVIDUAL INVOLVED IS REQUIRED TO REFRAIN FROM PARTICIPATING FROM THE QUESTIONABLE ACTIVITY AND RECUSE AND ABSENT HIM/HERSELF FROM DISCUSSIONS PERTAINING TO THE MATTER. FORM 990, PAGE 6, PART VI, LINE 15A A SPECIAL COMMITTEE COMPRISED OF MEMBERS OF THE GOVERNANCE COMMITTEE, OFFICERS, AND TRUSTEES EVALUATES AND RECOMMENDS EXECUTIVE COMPENSATION LEVELS THAT THE BOARD OF TRUSTEES THEN REVIEWS. THE SPECIAL COMMITTEE CONSIDERS SEVERAL FACTORS WHEN DETERMINING COMPENSATION, INCLUDING PERFORMANCE AND COMPARABLE DATA. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE.