2025-10-20T13:10:40-05:00 2024-12-31 050392605 MULLEN SCORPIO & CERILLI 67 CEDAR STREET PROVIDENCE RI 02903 990 2024-01-01 050516985 SOUTH KINGSTOWN LAND TRUST SOUT 4017890962 17 MATUNUCK BEACH ROAD SOUTH KINGSTOWN RI 02879 JAMES FARRELL TREASURER 4017890962 2025-10-20 1 0 PATRICIA M CERILLI P01598123 4017513860 2025-10-20 2024 2025-03-06 01:10:19Z JAMES FARRELL 17 MATUNUCK BEACH ROAD SOUTH KINGSTOWN RI 02879 2124995 0 X WWW.SKLT.ORG X 1999 RI TO PROTECT AND STEWARD THE NATURAL RESOURCES, OPEN SPACES AND CULTURAL LANDSCAPES FOR THE ENDURING BENEFIT OF OUR COMMUNITY. 14 14 6 200 0 0 740764 1925039 19936 30483 65386 93774 -585 58684 825501 2107980 0 0 0 0 268315 271083 0 0 108870 290833 364726 559148 635809 266353 1472171 12537125 12884560 11927 17732 12525198 12866828 TO PROTECT AND STEWARD THE NATURAL RESOURCES, OPEN SPACES AND CULTURAL LANDSCAPES FOR THE ENDURING BENEFIT OF OUR COMMUNITY. 0 0 383081 30483 OVER 3,000 ACRES OF LAND ARE BEING PROTECTED BY THE ORGANIZATION FOR THEIR NATURAL, RECREATIONAL OR SOCIAL VALUE AS WELL AS TWO HISTORIC PROPERTIES, HALE HOUSE AND THE SAMUEL PERRY GRIST MILL. 383081 1 1 0 0 0 0 1 1 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 16 0 1 6 1 0 0 0 0 0 1 1 0 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X JAMES FARRELL 4017890962 17 MANTUNUCK BEACH ROAD SOUTH KINGSTOWN RI 02879 HEATHER BREAU CHAIR (AS OF JUNE 2024) 14.00 X X 0 0 0 CLARKSON COLLINS DIRECTOR 4.00 X 0 0 0 JIM FARRELL TREASURER 8.00 X X 0 0 0 ART GOLD DIRECTOR 2.00 X 0 0 0 ELLEN GREBSTEIN VICE CHAIR (UNTIL MAY 2024) 5.00 X X 0 0 0 LINDA GREEN CHAIR (UNTIL MAY 2024) 14.00 X X 0 0 0 ANN GARDNER DIRECTOR 5.00 X 0 0 0 BARBARA MARGOLIS VICE CHAIR (AFTER JUNE 2024) 5.00 X X 0 0 0 KEVIN MCCLOSKEY DIRECTOR 8.00 X 0 0 0 RALPH RICCIO DIRECTOR 1.50 X 0 0 0 ELISE TORELLO SECRETARY 3.00 X X 0 0 0 SUSAN MERRICK DIRECTOR 1.00 X 0 0 0 TED WATSON DIRECTOR 2.00 X 0 0 0 TIM MEYER DIRECTOR 1.00 X 0 0 0 ANDREW SCHERER DIRECTOR 1.00 X 0 0 0 JULIA LANDSTREET EXECUTIVE DIRECTOR 40.00 X 97708 0 0 97708 0 0 0 0 0 0 0 87068 93014 479675 1265282 834000 1925039 LAND RENTS 531120 16582 16582 FIELD OFFICE RENTS 531120 13901 13901 30483 93774 93774 43788 93014 17015 26773 26773 LEGAL SETTLEMENT 900099 31911 31911 31911 2107980 62394 0 120547 97708 47195 22543 27970 150928 72901 34821 43206 2099 996 373 730 20348 9739 4838 5771 6763 6763 26172 26172 25070 20604 4166 300 51591 20401 12640 18550 7125 6088 436 601 11897 9693 2204 1969 1300 669 101549 76217 25332 40163 22466 8347 9350 REPAIRS AND MAINTENANCE 75908 74291 1317 300 PROGRAM SUPPLIES AND EX 12463 10371 2092 TAXES AND FEES 4056 4056 635809 383081 143858 108870 134893 71289 312872 355058 4050 5800 13389 14828 3163648 1285447 1882320 1878201 2072909 2442566 8116692 8116818 12537125 12884560 11927 17732 11927 17732 X 12008529 12491677 516669 375151 12525198 12866828 12537125 12884560 X 1472171 166957 -1297498 X X 0 1 X 1 0 X 927135 2953940 2573140 733374 1959052 9146641 927135 2953940 2573140 733374 1959052 9146641 9146641 35583 47578 64628 85322 124257 357368 1159 1159 9505168 9775 0.96230 0.95750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 78 1323.28 1 0 1 1 500.00 60553 X X 0 11977 11977 11977 11977 11977 11977 380853 380853 2499990 1046410 1453580 242417 212105 30312 40388 26932 13456 1878201 LAND AND CONSERVATION EASEMENTS 8107279 CSV OF LIFE INSURANCE 9539 8116818 X 2291952 166957 17015 183972 2107980 0 2107980 652824 17015 17015 635809 0 635809 PART II, LINE 5: THE ORGANIZATION'S CONSERVATION EASEMENT ENFORCEMENT POLICY AND GUIDELINES STATE THE IMPORTANCE OF PROMPT ATTENTION TO POTENTIAL EASEMENT VIOLATIONS AND SETS OUT GUIDELINES FOR DOING SO, INCLUDING VIOLATION PREVENTION STRATEGIES, VIOLATION CLASSIFICATIONS AND STEPS FOR VIOLATION RESPONSE. PART II, LINE 9: THE ORGANIZATION ALSO PURCHASES OR RECEIVES CONTRIBUTIONS OF CONSERVATION EASEMENTS (INCLUDING DEEDED DEVELOPMENT RIGHTS) ON LAND OWNED BY OTHERS. THESE INTERESTS ARE VALUED AT ONE DOLLAR EACH TO RECOGNIZE THE IMPAIRMENT IN VALUE RESULTING FROM THE EASEMENT, WHICH IS RECORDED AS A LOSS IN THE YEAR OF ACQUISITION. PART III, LINE 4: COLLECTION ITEMS CONSIST OF ART OBJECTS AND FURNISHINGS AT HALE HOUSE THAT ARE HELD FOR EDUCATIONAL AND CURATORIAL PURPOSES AND WERE RECEIVED AS PART OF THE CONTRIBUTION OF HALE HOUSE. THE COLLECTION ITEMS HAVE NOT BEEN CAPITALIZED BY THE ORGANIZATION. THESE COLLECTION ITEMS ARE ON DISPLAY AND ARE CURATED BY THE MATUNUCK PRESERVATION SOCIETY. THE COLLECTION AND THE HALE HOUSE PROPERTY FURTHER THE ORGANIZATION'S MISSION BY ENABLING IT TO PROTECT THE CULTURAL LANDSCAPE OF THE MATUNUCK HILLS AREA OF SOUTH KINGSTOWN AND TO ALLOW THE COMMUNITY TO LEARN ABOUT THE REGION'S PAST. PART V LINE 4 THIS FUND IS USED FOR LAND MANAGEMENT ACTIVITIES FOR THE UPKEEP AND MAINTENANCE OF A SPECIFIC PROPERTY AS A BIRD SANCTUARY. PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND DESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AS OF DECEMBER 31, 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES FOR FUNDRAISING EVENTS 17,015. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES FOR FUNDRAISING EVENTS 17,015. ANNUAL MEETING 136802 93014 43788 17015 136802 93014 43788 17015 17015 26773 X 2 834000 FMV 2 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 ARTICLE 2 OF THE BY-LAWS STATES THAT ANY MEMBER, AS APPROVED BY THE BOARD, SHALL BE ENTITLED TO ATTEND AND VOTE AT ALL MEETINGS OF THE MEMBERS OF THE ORGANIZATION DURING THE YEAR FOR WHICH SUCH DUES ARE PAID OR MEMBERSHIP GRANTED BY THE BOARD OR EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION A, LINE 7A ARTICLE 2 OF THE BY-LAWS STATES THAT MEMBERS SHALL BE ENTITLED TO ATTEND AND VOTE AT ALL MEETINGS OF THE MEMBERS OF THE ORGANIZATIONS DURING THE YEAR IN WHICH THEY ARE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE BY-LAWS STATE THAT IF AT ANY TIME ANY OF THE PROVISIONS OF THE BY-LAWS AS THEY MAY THEN EXIST SHALL BE OR HAVE BECOME INAPPROPRIATE OR INAPPLICABLE TO CARRY OUT THE PURPOSES FOR WHICH THE ORGANIZATION WAS ESTABLISHED, OR IF IT SHALL BE DESIRABLE TO SUPPLY ANY DEFECTS OR OMISSIONS IN THE BY LAWS OR MAKE ANY REASONABLE AMENDMENTS OR MODIFICATIONS THERETO WHICH MAY BE NECESSARY OR DESIRABLE, THE BOARD OF DIRECTORS MAY AT ANY ANNUAL OR SPECIAL MEETING PRESENT A PROPOSED AMENDMENT TO THE BY-LAWS TO THE MEMBERS, WHO MAY EITHER ACCEPT SUCH AMENDMENT OR REJECT THE SAME, BUT MAY NOT TAKE ANY OTHER ACTION. FORM 990, PART VI, SECTION B, LINE 11B THE CHAIR, TREASURER AND EXECUTIVE DIRECTOR REVIEWED THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SECRETARY OF THE BOARD OF DIRECTORS DISTRIBUTED AND COLLECTED COMPLETED ANNUAL DISCLOSURE STATEMENTS FROM THE BOARD OF DIRECTORS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15A WITH REGARD TO THE EXECUTIVE DIRECTOR HIRED IN THE FALL OF 2016, THE BOARD OF DIRECTORS CONDUCTED A NATIONAL SEARCH. COMPENSATION OF THE EXECUTIVE DIRECTOR WAS BASED ON ANECDOTAL INFORMATION RECEIVED FROM OTHER NON-PROFIT ORGANZATIONS IN THE AREA OF A SIMILAR SIZE. THE DECISION WAS DOCUMENTED IN AN OFFER LETTER TO THE INDIVIDUAL HIRED. THERE ARE NO OTHER EMPLOYEES AUTHORIZED TO ENTER INTO AGREEMENTS AND / OR MAKE PAYMENTS ON BEHALF OF THE ORGANIZATION. CHANGES TO THE ORIGINAL COMPENSATION ARE DETERMINED ANNUALLY IN CONJUNCTION WITH INDUSTRY STANDARDS ACCORDING TO THE LAND TRUST ALLIANCE AND DOCUMENTED IN THE EXECUTIVE DIRECTOR'S PERSONNEL FILE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: IMPAIRMENT LOSS -1,297,498. PART XII, LINE 2C THERE HAS BEEN NO CHANGE TO THE PROCESS OF SELECTION OF AN INDEPENDENT ACCOUNTANT.