SCENIC HUDSON LAND TRUST INC: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- SCENIC HUDSON LAND TRUST INC (EIN 23-7148333)
- Tax period
- 2018-07-01 to 2019-06-30
- Filed
- 2020-01-07
- IRS object ID
- 202000079349302305
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-01-07T15:42:18-06:00 | ReturnTs |
| Tax Period End | 2019-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 113518842 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Marks Paneth LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 685 Third Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237148333 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Scenic Hudson Land Trust Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SCEN | BusinessNameControlTxt |
| Phone | 8454734440 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Civic Center Plaza No 200 | AddressLine1Txt |
| City | Poughkeepsie | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12601 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Steven Rosenberg | PersonNm |
| Person Title | Executive Director | PersonTitleTxt |
| Phone | 8454734440 | PhoneNum |
| Signature | 2019-12-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Magdalena M Czerniawski | PreparerPersonNm |
| PTIN | P00535099 | PTIN |
| Phone | 2125038800 | PhoneNum |
| Preparation | 2019-12-18 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 47.19.112.229 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-12-18 | IPDt |
| IP Tm | 08:19:45 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 86324AA6648A884C06306129ED8808CB1BD1A3DC | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-09-23 17:36:50Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Steven Rosenberg | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Civic Center Plaza No 200 | AddressLine1Txt |
| City | Poughkeepsie | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $68,871,897 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.scenichudson.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1936 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | See Schedule O for The Scenic Hudson Land Trust's mission statement. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 450 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $719,776 | PYContributionsGrantsAmt |
| CY Contributions Grants | $338,629 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $8,543,434 | PYInvestmentIncomeAmt |
| CY Investment Income | $35,389,357 | CYInvestmentIncomeAmt |
| PY Other Revenue | $160,250 | PYOtherRevenueAmt |
| CY Other Revenue | $57,936 | CYOtherRevenueAmt |
| PY Total Revenue | $9,423,460 | PYTotalRevenueAmt |
| CY Total Revenue | $35,785,922 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $47,500 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $439,818 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $42,433 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,430,175 | PYOtherExpensesAmt |
| CY Other Expenses | $8,770,206 | CYOtherExpensesAmt |
| PY Total Expenses | $9,477,675 | PYTotalExpensesAmt |
| CY Total Expenses | $9,210,024 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$54,215 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $26,575,898 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $270,075,904 | TotalAssetsBOYAmt |
| Total Assets EOY | $274,643,223 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,539,389 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,242,337 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $266,536,515 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $268,400,886 | NetAssetsOrFundBalancesEOYAmt |
| Mission | See Schedule O for The Scenic Hudson Land Trust's mission statement. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $8,050,964 | ExpenseAmt |
| Grant | $439,818 | GrantAmt |
| Revenue | $353,161 | RevenueAmt |
| Desc | The Scenic Hudson Land Trust (which has no employees) was founded exclusively for the benefit of and to serve the purposes of Scenic Hudson, to the extent that those purposes relate to acquiring and holding land in the Hudson River Valley, in order to preserve and protect such land for the benefit of the public, including transferring lands to federal, state and local governments and other not-for-profit organizations. Accordingly, the Land Trust acquires conservation easements and normally holds title to program related investments in land and parks owned by the Organization. | Desc |
| Total Program Service Expenses | $8,050,964 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | Yes (1) | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 18 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | EI | ForeignCountryCd |
| Foreign Country | CJ | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jason Camporese | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8454734440 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Civic Center Plaza Suite 200 | AddressLine1Txt |
| City | Poughkeepsie | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12601 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Alexander Reese | ||||||||
| Vice Chair | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Andrew Gundlach | ||||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| David H Mortimer | ||||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Edward O Sullivan | ||||||||
| Assistant Secretary | 5.00 | 37.00 | Yes (X) | Yes (X) | $0 | $419,150 | $133,231 | |
| Edward Whitney | ||||||||
| Treasurer | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Frederic C Rich | ||||||||
| Director | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| James B Clark | ||||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| James C Goodfellow | ||||||||
| Director | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Judah S Kraushaar | ||||||||
| Director | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Kim A Taylor | ||||||||
| Director (Outgoing) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Kristin Gamble | ||||||||
| Director | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Leigh Seippel | ||||||||
| Director (Outgoing) | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Marjorie L Hart | ||||||||
| Director | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Rudolph S Rauch III | ||||||||
| Secretary | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Sarah AW Fitts | ||||||||
| Director (Outgoing) | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Simon Roosevelt | ||||||||
| Chair | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| W Patrick McMullan III | ||||||||
| Treasurer | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Wheelock Whitney III | ||||||||
| Secretary (Outgoing) | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Erin Riley | ||||||||
| Senior Vice President | 2.00 | 40.00 | Yes (X) | $0 | $250,080 | $52,663 | ||
| Jason Camporese | ||||||||
| Chief Finance & Operations | 7.00 | 38.00 | Yes (X) | $0 | $220,036 | $55,648 | ||
| Steven Rosenberg | ||||||||
| Executive Director | 20.00 | 28.00 | Yes (X) | $0 | $299,378 | $117,793 | ||
| Rita Shaheen | ||||||||
| Dir. of Parks & Community | 39.00 | 1.00 | $0 | $118,574 | $12,568 | Yes (X) | ||
| Seth McKee | ||||||||
| Land Conservation Director | 1.00 | $0 | $134,416 | $43,618 | Yes (X) | |||
| Margaret King | ||||||||
| Assistant Director of Development | 40.00 | $0 | $101,373 | $20,770 | Yes (X) | |||
| Theresa Vanyo | ||||||||
| Director of Human Resources | 40.00 | $0 | $126,543 | $23,446 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,669,550 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $459,737 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $194,500 | GovernmentGrantsAmt |
| All Other Contributions | $144,129 | AllOtherContributionsAmt |
| Total Contributions | $338,629 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,444,879 | TotalRevenueColumnAmt |
| Exclusion | $3,444,879 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $43,775 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $43,775 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $43,775 | TotalRevenueColumnAmt |
| Exclusion | $43,775 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $58,191,453 | SecuritiesAmt |
| Other | $6,839,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $26,585,975 | SecuritiesAmt |
| Other | $6,500,000 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $31,605,478 | SecuritiesAmt |
| Other | $339,000 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $31,944,478 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $339,000 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $31,605,478 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $14,161 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $14,161 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $14,161 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $35,785,922 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $353,161 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $35,094,132 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $439,818 | TotalAmt |
| Program Services | $439,818 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,211,358 | TotalAmt |
| Program Services | $2,047,918 | ProgramServicesAmt |
| Management And General | $121,007 | ManagementAndGeneralAmt |
| Fundraising | $42,433 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,755 | TotalAmt |
| Program Services | $24,755 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,700 | TotalAmt |
| Management And General | $45,700 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $949,920 | TotalAmt |
| Management And General | $949,920 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,323 | TotalAmt |
| Program Services | $11,323 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,329 | TotalAmt |
| Program Services | $150,329 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| Conservation easements | $2,024,863 | $2,024,863 |
| Land project expenses | $1,568,589 | $1,568,589 |
| Sales/trf. of property | $1,393,948 | $1,393,948 |
| Property taxes | $389,421 | $389,421 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,210,024 | TotalAmt |
| Program Services | $8,050,964 | ProgramServicesAmt |
| Management And General | $1,116,627 | ManagementAndGeneralAmt |
| Fundraising | $42,433 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,323,402 | BOYAmt |
| EOY | $17,378,617 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,588,198 | BOYAmt |
| EOY | $4,464,736 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $529,273 | BOYAmt |
| EOY | $1,009,832 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $124,953 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $111,914 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,362 | BOYAmt |
| EOY | $13,039 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $128,868,760 | BOYAmt |
| EOY | $103,203,546 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,194,005 | BOYAmt |
| EOY | $83,049,914 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,493,382 | BOYAmt |
| EOY | $65,469,671 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,522 | BOYAmt |
| EOY | $53,868 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $270,075,904 | BOYAmt |
| EOY | $274,643,223 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $999,655 | BOYAmt |
| EOY | $793,302 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,000 | BOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,514,734 | BOYAmt |
| EOY | $5,449,035 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,539,389 | BOYAmt |
| EOY | $6,242,337 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,986,092 | BOYAmt |
| EOY | $80,225,023 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $196,550,423 | BOYAmt |
| EOY | $188,175,863 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $266,536,515 | BOYAmt |
| EOY | $268,400,886 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $270,075,904 | BOYAmt |
| EOY | $274,643,223 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $26,575,898 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$24,777,227 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $65,700 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Scenic Hudson Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 132898799 | EIN |
| Organization Type | 7 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $2,049,777 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $2,049,777 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | 0 | OperateBenefitNonSuprtOrgInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preservation Public Use | Yes (X) | PreservationPublicUseInd |
| Protection Natural Habitat | Yes (X) | ProtectionNaturalHabitatInd |
| Preservation Open Space | Yes (X) | PreservationOpenSpaceInd |
| Historic Land Area | Yes (X) | HistoricLandAreaInd |
| Historic Structure | Yes (X) | HistoricStructureInd |
| Total Easements | 136 | TotalEasementsCnt |
| Total Acreage | 13514.00 | TotalAcreageCnt |
| Historic Structure Easements | 2 | HistoricStructureEasementsCnt |
| Modified Easements | 3 | ModifiedEasementsCnt |
| States Easements Held | 1 | StatesEasementsHeldCnt |
| Written Policy Monitoring | Yes (1) | WrittenPolicyMonitoringInd |
| Staff Hours Spent Enforcement | 2912.00 | StaffHoursSpentEnforcementCnt |
| Expenses Incurred Enforcement | $109,366 | ExpensesIncurredEnforcementAmt |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $198,421,651 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $10,407,687 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $8,839,338 | OtherExpendituresAmt |
| End Year Balance | $199,990,000 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $189,444,444 | BeginningYearBalanceAmt |
| Contributions | $57,195 | ContributionsAmt |
| Investment Earnings Or Losses | $17,431,312 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $8,511,300 | OtherExpendituresAmt |
| End Year Balance | $198,421,651 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $168,420,197 | BeginningYearBalanceAmt |
| Contributions | $1,251,720 | ContributionsAmt |
| Investment Earnings Or Losses | $28,262,427 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $8,489,900 | OtherExpendituresAmt |
| End Year Balance | $189,444,444 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $178,554,564 | BeginningYearBalanceAmt |
| Contributions | $917,329 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,845,896 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $8,205,800 | OtherExpendituresAmt |
| End Year Balance | $168,420,197 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $182,909,191 | BeginningYearBalanceAmt |
| Contributions | $289,100 | ContributionsAmt |
| Investment Earnings Or Losses | $3,076,273 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $7,720,000 | OtherExpendituresAmt |
| End Year Balance | $178,554,564 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.09000 | BoardDesignatedBalanceEOYPct |
| Term Endowment Balance EOY | 0.91000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (1) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (1) | RelatedOrgListSchRInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $104,733 | OtherCostOrOtherBasisAmt |
| Depreciation | $91,694 | DepreciationAmt |
| Book Value | $13,039 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $20,220 | OtherCostOrOtherBasisAmt |
| Depreciation | $20,220 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $13,039 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Pooled Investment Funds - Ex U.S. Commingled Funds | $72,684,487 | F |
| Pooled Investment Funds - Alternative Investment Funds | $10,365,427 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $83,049,914 | TotalBookValueSecuritiesAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Land areas - 8, 041 acres | Desc |
| Book Value | $65,469,671 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $65,469,671 | TotalBookValueProgramRltdAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $0 | TotalRevEtcAuditedFinclStmtAmt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part II, Line 3: | EASEMENT CHANGES: Total conservation easements decreased from 176 in FY16 to 134 in FY17 due to an internal decision to only list those actually held by SHLT. In the past, the list included all conservation easements to which SHLT was a collaborator, even though SHLT may not have been the actual holder of the conservation easement. EASEMENTS MODIFED TRANSFERRED OR TERMINATED: 1) Modified/Transfered - Camp Addison Boyce. Conservation easement modified to assign 3rd party right of enforcement to SHLT. Conservation easement was subsequently transferred to New York State OPRHP. This conservation easement was purchased for value and no deduction was taken. 2) Modified - Clermont Partners East. Net conservation value enhanced: Right of first refusal replaced with preemtive purchase right which ensures farm affordability. Dwelling allowance within existing buildable area modestly expanded. This conservation easement was purchased for value and no deduction was taken. 3) Modified - Mongelli. Through this amendment, the configuration of the conservation easement's agricultural allowances was modified pursuant to the terms of the original conservation easement, which anticipated such modifications to enhance the farm's agricultural viability - one of the easement's primary conservation purposes - every 20 years. Net conservation value was enhanced. This conservation easement was purchased for value and no deduction was taken. |
| Part II, Line 5: | POLICY ON ENFORCEMENT OF CONSERVATION EASEMENTS: The organization(s) policies on Conservation Easement Monitoring and Violations conform to Land Trust Alliance Standards and Practices. The policies require that each conservation easement is monitored annually by a physical inspection of the property. If any violation of the conservation easement has occurred, the landowner is notified by certified letter of the violation. When appropriate, the letter outlines corrective measures that will mitigate the problems. Legal action, authorized by the board, may be taken in the event that a landowner disregards the terms of the easement and/or refuses to take corrective measures. |
| Part II, Line 9: | REPORTING OF CONSERVATION EASEMENTS ON REVENUE/EXPENSE STATEMENT: Purchased easements are expensed in the period acquired. Contributions for the purpose of purchasing conservation easements are temporarily restricted at year-end if the purchase of the conservation easement has not been completed. Donated conservation easements are not recorded as revenue or expense by the Organization, except those conservation easements donated (in full or in part) by third parties to satisfy the requirements of governmental funding programs. The Organization recognizes that is it the responsibility of the donor to report the appraised value of a donated conservation easement to the Internal Revenue Service; the Organization does not participate in the appraisal or reporting of these values. |
| Part V, Line 4: | USE OF ENDOWMENT FUNDS: As articulated in detail in Part VII of Schedule R, The Scenic Hudson Land Trust, Inc. (SHLT) and Scenic Hudson, Inc. (SH) are related, tax-exempt organizations. Neither organization holds a "permanent endowment," that is, a fund intended by the donor to preserve its original principal amount and thus where spending is restricted to income and other investment earnings. SH and SHLT do hold four "quasi-endowment" funds, which had a combined market value of $199,990,000 as of June 30, 2019, as follows: The Scenic Hudson Board Designated Fund is held by SH for the purpose of supporting the annual operating budget. Spending from the Board Designated Fund is determined annually by the board based on a percentage of the average balance over a rolling twelve-quarter period. As of June 30, 2019, the balance of the Board Designated Fund was $17,973,036. The Lila Acheson and Dewitt Wallace Hudson Valley Land Preservation Endowment (the "Wallace Fund") is a donor-restricted fund held by SHLT. It is principally used to support capital and other costs of purchasing land and conservation easements to meet SHLT's land preservation goals. Spending from the Wallace Fund is by application of the same spending rate determined by the Board and applied to SH's Board Designated Fund. Special appropriations are permitted under exceptional circumstances by Board approval, subject to donor restrictions. As of June 30, 2019, the balance of the Wallace Fund was $175,989,185. The Kathryn W. Davis Fund for Park Planning and Community Land Use (the "Kathyrn W. Davis Fund") is a donor-restricted fund held by SH. This fund is used to support SH's staff, consultants and other costs for park design, park management and land use planning. Spending from the Kathryn W. Davis Fund is by application of the same spending rate determined by the Board and applied to SH's Board Designated Fund. As of June 30, 2019, the balance of the Kathryn W. Davis Fund was $5,064,084. The Conservation Easement Enforcement Fund (the "Easement Enforcement Fund") is a board-designated fund held by SHLT. Appropriations are made at the discretion of the Board, generally by application of the same spending rate determined by the Board and applied to SH's Board Designated Fund. Spending is used primarily to cover legal and other costs incurred to support the perpetual obligation to monitor and enforce conservation easements and to defend lands held in fee for conservation. As of June 30, 2019, the balance of the Easement Enforcement Fund was $963,695. As required by the Instructions to Form 990, the combined value of these four funds is reported on Schedule D, Part V of the 990 for both Scenic Hudson, Inc. and The Scenic Hudson Land Trust, Inc., notwithstanding that each such entity itself owns only two of such funds, as described above. Because of the small size of the Board Designated Fund relative to SH's operations, and the restricted purposes of the Wallace Fund, Kathryn W. Davis Fund and Easement Enforcement Fund, Scenic Hudson is highly dependent on donor contributions to meet its annual operating needs. Similarly, the capital costs of preserving the highest priority conservation lands in the Hudson Valley far exceed the appropriations available from the Wallace Fund. Accordingly, Scenic Hudson's land preservation program - which is run primarily through The Scenic Hudson Land Trust - is highly dependent on capital contributions from individuals, foundations and government entities. |
| Part X, Line 2: | DISCLOSURE OF UNCERTAIN TAX POSITIONS: The Organization believes it had no uncertain tax positions as of June 30, 2019 and 2018 in accordance with ASC 740, "Income Taxes," which provides standards for establishing and classifying any tax provisions for uncertain tax positions. |
| PART II, LINE 1: | CLARIFICATION ON HISTORIC STRUCTURES: The purpose of acquiring conservation easements is preservation of vital lands in support of The Scenic Hudson Land Trust's mission; preservation of historic structures is incidental to The Scenic Hudson Land Trust's decision to acquire conservation easements. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| Europe (Including Iceland & Greenland) | 0 | 0 | PASSIVE FOREIGN INVESTMENTS | $1,182,195 |
| Central America and the Caribbean | 0 | 0 | Passive Foreign Investments | $20,422,930 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $21,605,125 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $21,605,125 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| HUDSON RIVER MARITIME MUSEUM | |||||||
| 50 ROUNDOUT LANDING | KINGSTON | NY | 12401 | 222325506 | 501(c)(3) | $45,000 | Contribution to Solar boat. |
| NATURAL HERITAGE TRUST | |||||||
| 625 BROADWAY 2ND FLOOR | ALBANY | NY | 12207 | 161019635 | 501(c)(3) | $339,000 | Conservation easement stewardship. |
| KINGSTON LAND TRUST | |||||||
| PO BOX 2701 | KINGSTON | NY | 12402 | 262338986 | 501(c)(3) | $40,000 | Site acquisition. |
| SPRINGSIDE LANDSCAPE RESTORATION | |||||||
| PO BOX 4915 | POUGHKEEPSIE | NY | 12602 | 222871575 | 501(c)(3) | $8,318 | Site aquisition. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 4 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | The board approved the expenditure and regularly monitors the grants given. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Edward O Sullivan | ||||||||||||||
| Assistant Secretary | $0 | $346,833 | $0 | $70,000 | $0 | $2,317 | $0 | $130,631 | $0 | $2,600 | $0 | $552,381 | $0 | $0 |
| Erin Riley | ||||||||||||||
| Senior Vice President | $0 | $204,655 | $0 | $45,000 | $0 | $425 | $0 | $39,672 | $0 | $12,991 | $0 | $302,743 | $0 | $0 |
| Jason Camporese | ||||||||||||||
| Chief Finance & Operations | $0 | $189,870 | $0 | $30,000 | $0 | $166 | $0 | $18,640 | $0 | $37,008 | $0 | $275,684 | $0 | $0 |
| Steven Rosenberg | ||||||||||||||
| Executive Director | $0 | $247,821 | $0 | $50,000 | $0 | $1,557 | $0 | $86,000 | $0 | $31,793 | $0 | $417,171 | $0 | $0 |
| Seth McKee | ||||||||||||||
| Land Conservation Director | $0 | $123,988 | $0 | $10,000 | $0 | $428 | $0 | $11,396 | $0 | $32,222 | $0 | $178,034 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PART I, LINE 4B: | NOTE ON SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: During the year ended June 30, 2015, Scenic Hudson, Inc. (SH) and Edward Sullivan, President of SH, entered into a long-term employment agreement under IRC Section 457(f). The terms of the agreement run through January 31, 2020 at which time Mr. Sullivan will complete his commitment and receive a one-time lump sum payment of $500,000. Since Mr. Sullivan provides essential services to The Scenic Hudson Land Trust, Inc. (SHLT), which has no employees, SHLT has agreed to provide SH with funds sufficient to enable SH to make payments due under the plan. Accordingly, SHLT will recognize this obligation over the term of the agreement. During the year ended June 30, 2019, SHLT recognized $98,631 of expense related to this agreement. During the year ended June 30, 2016, SH and Steven Rosenberg, Senior Vice President of SH, entered into a long-term employment agreement under IRC Section 457(f). The terms of the agreement run through June 14, 2021 at which time Mr. Rosenberg will complete his commitment and receive a one-time lump sum payment of $230,000. Since Mr. Rosenberg also provides essential services to SHLT, which has no employees, SHLT has agreed to provide SH with funds sufficient to enable SH to make payments due under the plan. Accordingly, SHLT will recognize this obligation over the term of the agreement. During the year ended June 30, 2019, SHLT recognized $46,000 of expense related to this agreement. |
| SCHEDULE J, PART II: | GENERAL NOTE ON OFFICERS, DIRECTORS, AND TRUSTEES: The persons listed in Part II of Schedule J perform services for The Scenic Hudson Land Trust, Inc. (SHLT) in their capacities as employees of Scenic Hudson, Inc. (SH); SHLT has no employees. Total compensation to each of such persons is required to be reported on Schedule J by both SH and SHLT notwithstanding that each of these directors and officers are paid directly and only by SH. As noted in Schedule R, Part V, SHLT is party to a services agreement with SH pursuant to which SH, among other things, makes the services of such persons available to SHLT. Please refer to Schedule R for more details. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (14 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 1 AND PART III, LINE 1: | DESCRIPTION OF ORGANIZATION'S MISSION AND SIGNIFICANT ACTIVITIES: The mission of The Scenic Hudson Land Trust is to conserve land in the Hudson River Valley of important scenic, natural and/or agricultural value, and to create parks and trails for the public. We ensure that our work is grounded in science, and we serve as a regional leader and partner dedicated to conserving and enhancing the land and waterways of the Valley. The Scenic Hudson Land Trust carries out this mission in furtherance of the mission of Scenic Hudson, Inc., a related, tax-exempt organization, which is to preserve land and farms and create parks that connect people with the inspirational power of the Hudson River, while fighting threats to the river and natural resources that are the foundation of the valley's prosperity. |
| Form 990, Part VI, Section A, line 3 | DELEGATION OF MANAGEMENT DUTIES: Scenic Hudson, Inc. (SH), a related, tax-exempt organization that is the sole corporate member of The Scenic Hudson Land Trust, Inc. (SHLT), provides SHLT with the services of its employees, office space and general administrative support through a services agreement. Under this agreement, SHLT provides payment to SH of an amount approved annually via board resolution, which covers a portion of these expenses. Please see Schedule R for more details. |
| Form 990, Part VI, Section A, line 6 | MEMBERS OF THE ORGANIZATION: Scenic Hudson, Inc. (SH), a related, tax-exempt organization that is the sole corporate member of The Scenic Hudson Land Trust, Inc. (SHLT), provides SHLT with the services of its employees, office space and general administrative support through a services agreement. Under this agreement, SHLT provides payment to SH of an amount approved annually via board resolution, which covers a portion of these expenses. Please see Schedule R for more details. |
| Form 990, Part VI, Section A, line 7a | MEMBERS WITH POWER TO ELECT GOVERNING BODY: The Board of Directors shall include three (3) persons who shall serve ex officio, with full voting rights, in their capacities as the Chair, Treasurer and President of Scenic Hudson, Inc. The remaining number of Directors shall be elected by Scenic Hudson, Inc. as the sole corporate member of The Scenic Hudson Land Trust, Inc. |
| Form 990, Part VI, Section A, line 7b | MEMBERS AUTHORITY OVER GOVERNANCE DECISIONS: The following actions may be taken only if authorized by the affirmative vote of at least three-quarters of the entire Board of Directors of Scenic Hudson, Inc, as the sole member, acting after they have been recommended by at least three-quarters of the entire Board of The Scenic Hudson Land Trust, Inc.: (i) the disposition of all or substantially all of the assets of the Corporation; (ii) a plan of merger or consolidation of the Corporation; or (iii) a plan of dissolution and distribution of assets of the Corporation. Pursuant to the Not-for-Profit Corporation Law of New York as amended by the New York Not-for-Profit Revitalization Act, the term "entire Board" means the total number of Directors entitled to vote which the Corporation would have at the time in question if there were no vacancies, consisting of the number of Directors that were elected as of the most recently held election of Directors. As the sole member, Scenic Hudson, Inc. shall have the exclusive power to amend The Scenic Hudson Land Trust, Inc.'s Certificate of Incorporation and Bylaws. The Board of Directors of The Scenic Hudson Land Trust Inc. may propose amendments to the Certificate of Incorporation or Bylaws for consideration by Scenic Hudson, Inc. by a majority vote of the Directors present at a Board meeting at which a quorum exists. |
| Form 990, Part VI, Section B, line 11b | 990 REVIEW AND OVERSIGHT PROCESS: The form 990 is prepared by an independent accountant. The Audit Committee first reviews the 990 in draft form for Scenic Hudson and The Scenic Hudson Land Trust. Once the Audit Committee has satisfactorily completed its review, they will recommend distribution of the drafts to the full Board of Directors for review and acceptance at its next meeting. Electronic copies of the draft 990s are distributed to the full board in preparation for the meeting. The board is encouraged to review the draft and provide comments or seek clarification, where necessary, before their acceptance. The return is filed upon acceptance by the board. Public inspection copies of the 990 are available on the Organization's board extranet and on the Organization's website (www.scenichudson.org/about/financials). |
| Form 990, Part VI, Section B, line 12c | MONITORING OF THE CONFLICT OF INTEREST POLICY: All board members and staff are required to review and sign the organization's conflict of interest policy annually. Board members who may have any real or perceived conflict of interest must abstain from discussion and voting around such issues. The Board of Directors reviews conflicts of interest that may arise (real or perceived) involving the staff. The Executive Committee (or in some cases the Board Membership and Governance Committee) reviews conflicts of interest (real or perceived) involving the executive team and board, however they may seek input from the full Board of Directors and/or legal counsel. |
| Form 990, Part VI, Section B, line 15 | PROCESS FOR DETERMINING EXECUTIVE COMPENSATION: Executive compensation is determined by the Executive Compensation Committee, who engages a third-party consultant who provides a market analysis with recommendations, in consultation with the Board of Directors. The Executive Compensation Committee also incorporates first hand research data on comparable organizations in Scenic Hudson's staff and/or budget size in their recommendations. |
| Form 990, Part VI, Section C, line 19 | PUBLIC AVAILABILITY OF GOVERNING DOCUMENTS: The following corporate governance documents are available to the public on Scenic Hudson's website (www.scenichudson.org/about/financials): * Form 1023 * Form 990 * Audited financial statements * Certificate of Incorporation * Corporate by-laws * Whistleblower policy * Conflict of interest policy |
| FORM 990, PART IX: | STATEMENT OF FUNCTIONAL EXPENSES (PROGRAM EXPENSE RATIO): Activities that occur in The Scenic Hudson Land Trust, a supporting organization of Scenic Hudson, directly impact the expenses of Scenic Hudson. Such activities include the purchase of conservation easements and land in fee title. With this in mind, the most meaningful calculation of the program expense ratio of Scenic Hudson and The Scenic Hudson Land Trust is to consider these expenses on a consolidated basis. On a consolidated basis, the program expense ratio for Scenic Hudson and The Scenic Hudson Land Trust was 83.7% and 82.4%, respectively, for the fiscal years ended June 30, 2019 and 2018. |
| FORM 990, PART IX, LINE 24: | EXPLANATION OF SALES/DONATIONS OF LAND EXPENSE ON THE STATEMENT OF FUNCTIONAL EXPENSES: During the year ended June 30, 2019, the Organization sold/donated three properties (and a conservation easement) with a carrying value of $7,893,948 to third parties for $6,839,000 resulting in a net loss of $1,054,948, which is included in the accompanying consolidated statements of activities as "sale/donation of property interest below cost to state and local government agencies and unaffiliated nonprofit entities" of $1,393,948 and "gain on sale of program-related investment in land areas" of $339,000. |
| Form 990, Part XI, line 9: | In-kind contribution for imputed interest on notes payable 540,928. Imputed interest expense on notes payable -475,228. |
| FORM 990, PART XII, LINE 2C: | AUDIT OVERSIGHT AND SELECTION PROCESS: The Audit Committee will annually retain or renew the retention of an independent accountant/auditor to conduct an audit and, upon completion thereof, review the results of the audit and any related management letter with the independent auditor. The Audit Committee reports its activities to the full Board of Directors annually. This process has not changed from the prior year. |
| FORM 990, PART I, LINE 5 AND PART V, LINE 1A: | CLARIFICATION AS TO NUMBER OF EMPLOYEES: The Scenic Hudson Land Trust (SHLT) has no employees of its own. Scenic Hudson, Inc. (SH), a related, tax-exempt organization that is the sole corporate member of SHLT, provides SHLT with the services of its employees, office space and general administrative support through a services agreement. Under this agreement, SHLT provides payment to SH of an amount approved annually via board resolution, which covers a portion of these expenses. Please see Schedule R for more details. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|
| Beacon Waterfront LLC | ||||||||
| One Civic Center Plaza Suite 200 | Poughkeepsie | NY | 12601 | 261107386 | Land Conservation | NY | $1,593,163 | The Scenic Hudson Land Trust Inc |
| Wiccopee Farm LLC | ||||||||
| One Civic Center Plaza Suite 200 | Poughkeepsie | NY | 12601 | 824648169 | Land Conservation | NY | $4,100,912 | The Scenic Hudson Land Trust Inc |
| Slopeline LLC | ||||||||
| One Civic Center Plaza Suite 200 | Poughkeepsie | NY | 12601 | 020668682 | Land Conservation | NY | $12,355,819 | The Scenic Hudson Land Trust Inc |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Scenic Hudson Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Civic Center Plaza Suite 200 | AddressLine1Txt |
| City | Poughkeepsie | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 132898799 | EIN |
| Primary Activities | Connecting people to the Hudson River - see Part VII | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | Line 7 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Scenic Hudson Inc | ||
| O | $2,049,777 | Board resolution/svcs. agreement |
| Scenic Hudson Inc | ||
| Q | $207,192 | Cash payments |
| Scenic Hudson Inc | ||
| P | $54,522 | Cash payments |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R, PART II AND PART V, LINE 1O: | FormAndLineReferenceDesc |
| Explanation | EXPLANATION OF RELATIONSHIP WITH OTHER TAX-EXEMPT ORGANIZATION: Scenic Hudson, Inc. (SH) and The Scenic Hudson Land Trust, Inc. (SHLT) are related, tax-exempt organizations. SHLT is a supporting organization to SH, and SH is the sole member of SHLT. Each organization has its own governing board, however, the board of SHLT is appointed by that of SH. General operations, including expenses related to staff and benefits, are carried on by SH while SHLT was founded exclusively to conserve land in the Hudson River Valley of important scenic, natural and/or agricultural value, and to create parks and trails for the public. As SHLT does not have any employees, SH provides SHLT with the services of its employees, office space and general administrative support through a services agreement. Under this agreement, SHLT provides payment to SH of an amount approved annually via Board resolution for such services on a quarterly basis, which in fiscal year 2019 totaled $2,049,777. | ExplanationTxt |