2022-11-14T15:22:47-06:00 2021-12-31 930954337 TALBOT KORVOLA & WARWICK LLP 14945 SW SEQUOIA PKWY STE 150 PORTLAND OR 97224 990 2021-01-01 911937645 VANCOUVER NATIONAL HISTORIC RESERVE TRUST VANC 3609921800 750 ANDERSON ST VANCOUVER WA 986613855 TEMPLE LENTZ PRESIDENT 3609921800 2022-11-14 1 TEMPLE LENTZ 999009999 JASON R ORME P00295966 5032742849 X 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z THE HISTORIC TRUST TEMPLE LENTZ 750 ANDERSON ST VANCOUVER WA 986613855 5767562 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. 20 16 29 44 0 0 832121 649357 3738000 3831142 154399 420156 3564 692602 4728084 5593257 9958 6600 0 0 1538216 1333227 0 3066 230135 2894686 3514447 4442860 4857340 285224 735917 16487192 17541647 2813385 3407089 13673807 14134558 X TO INSPIRE CIVIC PRIDE AND ECONOMIC VITALITY THROUGH EDUCATION, PRESERVATION AND CELEBRATION OF OUR HISTORY. 0 0 2823918 3619047 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. 125992 6600 64120 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. MARSHALL PUBLIC AND YOUTH LEADERSHIP AWARD PROGRAMS, GENERAL GEORGE C. MARSHALL LECTURE SERIES. 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. IN 2021, DUE TO COVID RESTRICTIONS, THERE WAS NOT A FIREWORKS SHOW OR VETERANS PARADE. THERE WAS A VETERANS CEREMONY INSTEAD. 108286 44847 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 AVIATION SUMMER CAMPS, AVIATION EDUCATION RESOURCE EVENTS, YOUNG EAGLES PROGRAM, FLIGHT SIMULATOR LAB INSTRUCTION, OPEN COCKPIT VISITS IN A VARIETY OF AIRCRAFT AND THE EDUCATION OF THE RICH HISTORY OF THE PEARSON AIRFIELD, FIRST AIRPORT IN THE NORTHWEST AND ONE OF THE OLDEST OPERATING AIRPORTS IN THE COUNTRY. THE TRUST OPERATES THE PEARSON FIELD EDUCATION CENTER(PFEC) AND PARTICIPATES IN PARTNER PROGRAMS WITH SCHOOLS AND ORGANIZATIONS. PARTNERS INCLUDE AIRWAY SCIENCE FOR KIDS, CASCADIA TECH PARTNERS IN CAREERS, ESD 112, CLARK COLLEGE, EOCF AND MULTIPLE PILOT ORGANIZATIONS. PROGRAM SERVICE ACCOMPLISHMENTS: FIELD TRIPS FOR YOUTH, 3-15 YEARS, YOUTH VOLUNTEER/LEADERSHIP PROGRAM, YOUNG EAGLE FLIGHTS WHICH INTRODUCED FLIGHT TO 73 YOUTH IN 2021, NASA SPACE CONSORITIUM, WOMEN IN AVIATION, EOCF/ HEAD START, CLARK CO SHERIFF'S DEPT. PORTLAND STATE UNIVERSITY, BLACK PILOTS OF AMERICA, AVIATION DAY WITH ALASKA AIRLINES, BOYS AND GIRLS CLUB, DE LA SALLE NORTH, AND WASHINGTON STATE UNIVERSITY. THE EDUCATION CENTER IS ALSO OPEN TO THE PUBLIC AND FACILITIATES SCHOOL GROUP TOURS DURING THE WEEKDAYS FOR STUDENTS. 594968 167248 PROVIDENCE ACADEMY ACTIVITES 594968 167248 3653164 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 17 0 29 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 16 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 1 1 0 WA OR X X X TEMPLE LENTZ CEO 3609921813 750 ANDERSON ST VANCOUVER WA 98661 ERIC FULLER TRUSTEE 1.00 X 0 0 0 GEORGE BRYANT TRUSTEE 1.00 X 0 0 0 JOHN DEEDER CHAIR 1.00 X X 0 0 0 KIM CAPELOTO TRUSTEE 1.00 X 0 0 0 LINDA GLOVER VICE CHAIR 1.00 X X 0 0 0 MICHAEL L WILLIAMS TRUSTEE 1.00 X 0 0 0 PAUL CHRISTENSEN DIRECTOR 1.00 X 0 0 0 RICHARD KELLER II TRUSTEE 1.00 X 0 0 0 TWYLA BARNES TRUSTEE 1.00 X 0 0 0 BRUCE HAGENSEN TRUSTEE 1.00 X 0 0 0 LARRY SMITH TRUSTEE 1.00 X 0 0 0 BRENDA ALLING TRUSTEE 1.00 X 0 0 0 BEN BAGHERPOUR TRUSTEE 1.00 X 0 0 0 JOHN BLOM TRUSTEE 1.00 X 0 0 0 JOAN CAVANAGH SECRETARY 1.00 X X 0 0 0 ALBERT SCHLOTFELDT TRUSTEE 1.00 X 0 0 0 MICHELLE THOR TRUSTEE 1.00 X 0 0 0 STEVE SAVAGE TREASURER 1.00 X X 0 0 0 ROD COOK FORMER TRUSTEE 1.00 X 0 0 0 BRAD CARLSON FORMER TRUSTEE 1.00 X 0 0 0 AMY HANKS CORNELIUS FORMER TRUSTEE 1.00 X 0 0 0 PAUL SPEER FORMER TRUSTEE 1.00 X 0 0 0 STACEY GRAHAM INTERMIN CEO - 40.00 X 84078 0 0 DAVID PEARSON FORMER CEO 40.00 X 40982 0 5337 125060 0 5337 0 1 0 0 CITY OF VANCOUVER PO BOX 8995 VANCOUVER WA 98668 UTILITIES, MASTER LEASE PAYMENTS, LAND R 798430 SCHOMMER CONSTRUCTION 6421 NE COLWOOD WAY PORTLAND OR 97218 CONSTRUCTION 378529 DISTINCTIVE LANDSCAPING 16620 NE 72ND AVE VANCOUVER WA 98686 LANDSCAPING SERVICES 164058 3 41555 131071 229156 247575 649357 HISTORIC PROPERTY RENTALS 531310 3619047 3619047 PROVIDENCE ACADEMY 531310 167248 167248 PEARSON FIELD EDUCATION CENTER 456322 44847 44847 3831142 38389 38389 524035 142268 381767 381767 381767 52800 41555 32037 20763 20763 GAIN ON DEBT EXTINGUISHMENT 525990 607719 607719 MISCELLANEOUS INCOME 713990 64120 64120 671839 5593257 3895262 0 1048638 6600 6600 125060 62530 16816 45714 918287 695775 94743 127769 63107 49364 3383 10360 226773 185734 18435 22604 73670 72727 943 46325 46325 3066 3066 387748 387748 359939 225317 134622 3301 3143 26 132 7788 2326 2359 3103 418764 418764 20781 15024 4706 1051 49816 49787 29 165641 154366 11275 106216 59812 46404 MASTER LEASE PAYMENTS 889354 889354 REPAIRS 559898 559898 RECOGNITIONS, BANK CHAR 199953 12267 187686 SUPPLIES 96139 53304 35054 7781 129114 90747 29812 8555 4857340 3653164 974041 230135 249904 887025 2282823 2429713 121992 5000 244285 126748 16110 0 12461554 740628 11394688 11720926 2177390 2361262 0 0 10973 16487192 17541647 444781 638925 93926 330871 1380396 1385424 320259 574023 1051869 2813385 3407089 X 11674134 12053138 1999673 2081420 13673807 14134558 16487192 17541647 X 735917 -124696 -150470 X X 0 1 X 1 0 X 2394874 512806 591428 832121 649357 4980586 2394874 512806 591428 832121 649357 4980586 1156453 3824133 67948 75851 97312 45064 38389 324564 36976 19588 41048 3564 52800 153976 5459126 20213055 0.70050 0.78970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 596412 84051 35419 645044 811252 57228 230000 42068 596412 717439 13707 122702 42596 811252 788031 11858 -52373 30077 717439 715041 12732 96328 36070 788031 1.00000 0 0 5571268 5571268 6659060 566957 6092103 176339 173671 2668 54887 54887 11720926 SECURITY DEPOSITS 207918 OPERATING LEASE PAYABLE 296754 OTHER LIABILITIES 75498 AWARDS PAYABLE 10350 ARO LIABILITY 345399 SPLIT INTEREST LIABILITY 115950 1051869 X 5485013 -124696 17827 -106869 5591882 1375 1375 5593257 5024262 166922 166922 4857340 0 4857340 PART III, LINE 1A: COLLECTIONS AND EXHIBITS DURING 2005 THE TRUST ASSUMED OPERATIONS OF 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 PRACTICIAL TO ESTIMATE THE FAIR MARKET 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: EXCERPT FROM THE FOOTNOTES TO THE AUDITED FINANCIAL STATEMENTS: 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 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 TAXING AUTHORITIES. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT IS MORE LIKELY THAN NOT TO BE REALIZED UPON ULTIMATE SETTLEMENT. THE TRUST RECOGNIZED INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS, IF ANY, IN OTHER EXPENSES. THE TRUST HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2021 AND 2020. THE TAX YEARS THAT REMAIN OPEN FOR EXAMINATION BY THE APPROPRIATE TAXING AUTHORITIES FOR THE TRUST AS OF DECEMBER 31, 2021 ARE 2020, 2019, AND 2018, GENERALLY THREE YEARS FROM THE DATE THE RETURN WAS FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT INCOME NETTED WITH OFFSETTING EXPENSES -14,210. FUNDRAISING INCOME NETTED WITH OFFSETTING EXPENSES 32,037. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTEREST RECEIVABLE ON EMPLOYER RETENTION CREDIT 1,374. ROUNDING 1. PART XII, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT INCOME NETTED WITH OFFSETTING EXPENSES -14,210. FUNDRAISING INCOME NETTED WITH OFFSETTING EXPENSES 32,037. EMPLOYER RETENTION CREDIT REDUCTION IN WAGES 149,095. LET'S TAKE FLIGHT 94355 41555 52800 11875 7783 9228 3151 94355 41555 52800 11875 7783 9228 3151 32037 20763 1 GENERAL GEORGE C. MARSHALL PUBLIC LEADERSHIP AWARD PAID TO THE INDIVIDUAL, ELIZABETH FITZGERALD. 1 3300 CASH MARSHALL YOUTH LEADERSHIP AWARD - SCHOLARSHIP PAID DIRECTLY TO THE COLLEGE 1 3300 CASH X X X X X 1 0 0 0 0 0 0 0 0 DAVID PEARSON FORMER CEO 40982 0 0 0 0 0 3086 0 2251 0 46319 0 0 0 PART I, LINE 3 THE COMPENSATION COMMITTEE SURVEYS THE COMPENSATION OF SIMILAR SIZED ORGANIZATIONS AND REVIEWS AND MAKES PROPOSALS. THIS IS REVIEWED BY THE BOARD BEFORE A WRITTEN COMPENSATION CONTRACT IS AWARDED. STACEY GRAHAM TENANT - LANDLORD 18360 RENTAL OF PROPERTY 0 KIM CAPELOTO BANK WE BANK AT RIVERVIEW BANK WHERE MR. CAPELOTO IS A VICE PRESIDENT. 0 JOAN CAVANAGH TENANT - LANDLORD 18360 RENTAL OF PROPERTY 0 MICHELLE THOR BANK MICHELLE THOR WORKS AT COLUMBIA CREDIT UNION WHERE WE HAVE AN ACCOUNT. 0 FORM 990, PART VI, SECTION A, LINE 2 THERE IS AN ATTORNEY ON THE BOARD AND IT IS POSSIBLE THEY MAY HAVE HAD RELATIONSHIPS WITH OTHER BOARD MEMBERS, BUT WE ARE NOT AWARE OF ANY. THERE IS ALSO A BANKER ON THE BOARD WHO MAY HAVE A RELATIONSHIP WITH OTHER BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 8B 2021 WAS A YEAR OF TRANSITION AND ALMOST NO MINUTES WERE KEPT FOR ANY COMMITTEE MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN PREPARER PROVIDES A DRAFT FORM 990. DRAFT COPIES OF THE RETURN WILL BE EMAILED TO ALL THE BOARD MEMBERS WHO WILL THEN HAVE A CHANCE TO COMMENT AND ASK QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST FORM IS SENT TO BOARD MEMBERS YEARLY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS CEO COMPENSATION FROM LIKE NON-PROFIT ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, DOCUMENTS WILL BE PROVIDED. FORM 990, PART XI, LINE 9: EMPLOYEE RETENSION CREDIT ADJUSTMENT -149,096. EMPLOYEE RETENSION CREDIT INTEREST -1,374. 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 100384 2197142 VANCOUVER NATIONAL HISTORIC RESERVE TRUST PROVIDENCE ACADEMY LLC 750 ANDERSON STREET VANCOUVER WA 98661 REAL ESTATE HOLDING WA 572922 9709740 VANCOUVER NATIONAL HISTORIC RESERVE TRUST