LAKE CHAMPLAIN LAND TRUST INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- LAKE CHAMPLAIN LAND TRUST INC (EIN 03-0267331)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-15
- IRS object ID
- 201323199349300832
- Schema version
- 2012v2.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-15T08:09:38-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 030327374 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCSOLEY MCCOY & CO | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 118 TILLEY DRIVE STE 202 | AddressLine1 |
| City | SOUTH BURLINGTON | City |
| State | VT | State |
| ZIP Code | 05403 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 030267331 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAKE CHAMPLAIN LAND TRUST INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LAKE | NameControl |
| Phone | 8028624150 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE MAIN STREET NO 205 | AddressLine1 |
| City | BURLINGTON | City |
| State | VT | State |
| ZIP Code | 05401 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHRIS BOGET | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 8028624150 | Phone |
| Date Signed | 2013-11-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES M HARNISH | Name |
| PTIN | P01215311 | PTIN |
| Phone | 8026581808 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | CHRIS BOGET | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE MAIN STREET NO 205 | AddressLine1 |
| City | BURLINGTON | City |
| State | VT | State |
| ZIP Code | 05401 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 285455 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.LCLT.ORG | WebSite |
| Type Of Organization Trust | X | TypeOfOrganizationTrust |
| Year Formation | 1978 | YearFormation |
| State Legal Domicile | VT | StateLegalDomicile |
| Activity Or Mission Description | NATIONALLY ACCREDITED LAND CONSERVATION TRUST | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 8 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 3 | TotalNbrEmployees |
| Total Nbr Volunteers | 50 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 854770 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 264195 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 16889 | InvestmentIncomePriorYear |
| Investment Income Current Year | 20537 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 844 | OtherRevenuePriorYear |
| Other Revenue Current Year | 723 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 872503 | TotalRevenuePriorYear |
| Total Revenue Current Year | 285455 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 154968 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 148580 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 18542 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 541630 | OtherExpensePriorYear |
| Other Expenses Current Year | 149482 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 696598 | TotalExpensesPriorYear |
| Total Expenses Current Year | 298062 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 175905 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -12607 | RevenuesLessExpensesCY |
| Total Assets BOY | 2089961 | TotalAssetsBOY |
| Total Assets EOY | 2173063 | TotalAssetsEOY |
| Total Liabilities BOY | 15083 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 12635 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 2074878 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2160428 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE MISSION OF THE LAKE CHAMPLAIN LAND TRUST IS TO SAVE THE SCENIC BEAUTY, NATURAL COMMUNITIES, AND RECREATIONAL AMENITIES OF LAKE CHAMPLAIN BY PERMANENTLY PRESERVING SIGNIFICANT ISLANDS, SHORELINE AREAS, AND NATURAL COMMUNITIES IN THE CHAMPLAIN REGION. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 223639 | Expense |
| Description | TO ENCOURAGE CONSERVATION OF LAND AROUND LAKE CHAMPLAIN. ACCOMPLISHED THROUGH THE ACQUISITION OF LAND AND CONSERVATION EASEMENTS AND STEWARDSHIP. CONSERVATION ALSO PROMOTES THROUGH EDUCATING THE PUBLIC ABOUT THE BENEFITS OF CONSERVATION AND CONNECTING PEOPLE TO THE LAND THROUGH HIKES AND EDUCATIONAL PROGRAMS. | Description |
| Total Program Service Expense | 223639 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 1 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 7 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 3 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 8 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHRIS BOGET | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8028624150 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE MAIN STREET | AddressLine1 |
| City | BURLINGTON | City |
| State | VT | State |
| ZIP Code | 05401 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (11 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| BECKY WANG | ||||||
| TREASURER | 0.00 | X | X | 0 | 0 | 0 |
| KAREN CADY | ||||||
| TREASURER | 0.00 | X | X | 0 | 0 | 0 |
| DON KINNESTON | ||||||
| VICE CHAIR | 0.00 | X | 0 | 0 | 0 | |
| BILL RILEY | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| HOLLY CRAWFORD | ||||||
| SECRETARY | 0.00 | X | X | 0 | 0 | 0 |
| BETH MONTUORI ROWLES | ||||||
| CHAIR | 0.00 | X | 0 | 0 | 0 | |
| MATT DUGAN | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| DAN STANYON | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| DAVID RAPHAEL | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| DEE CARLIN | ||||||
| SECRETARY | 0.00 | X | X | 0 | 0 | 0 |
| CHRIS BOGET | ||||||
| EXECUTIVE DIRECTOR | 40.00 | X | 80142 | 0 | 25184 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 80142 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 25184 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Membership Dues | 75945 | MembershipDues |
| All Other Contributions | 188250 | AllOtherContributions |
| Total Contributions | 264195 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 20537 | TotalRevenueColumn |
| Exclusion | $20,537 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 723 | TotalRevenueColumn |
| Exclusion | $723 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 723 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 285455 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $21,260 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 105326 | Total |
| Program Services | 91000 | ProgramServices |
| Management And General | 6635 | ManagementAndGeneral |
| Fundraising | 7691 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28548 | Total |
| Program Services | 24628 | ProgramServices |
| Management And General | 1806 | ManagementAndGeneral |
| Fundraising | 2114 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6104 | Total |
| Program Services | 5265 | ProgramServices |
| Management And General | 387 | ManagementAndGeneral |
| Fundraising | 452 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8602 | Total |
| Program Services | 7429 | ProgramServices |
| Management And General | 543 | ManagementAndGeneral |
| Fundraising | 630 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7250 | Total |
| Management And General | 7250 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4842 | Total |
| Management And General | 4842 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 329 | Total |
| Management And General | 329 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10470 | Total |
| Program Services | 5824 | ProgramServices |
| Fundraising | 4646 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7238 | Total |
| Program Services | 208 | ProgramServices |
| Management And General | 7030 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12240 | Total |
| Program Services | 10571 | ProgramServices |
| Management And General | 772 | ManagementAndGeneral |
| Fundraising | 897 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 617 | Total |
| Program Services | 617 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2179 | Total |
| Program Services | 1179 | ProgramServices |
| Management And General | 900 | ManagementAndGeneral |
| Fundraising | 100 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1472 | Total |
| Management And General | 1472 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4485 | Total |
| Program Services | 2718 | ProgramServices |
| Management And General | 1536 | ManagementAndGeneral |
| Fundraising | 231 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| LAND ACQUISITIONS | 64889 | 64889 | ||
| OUTSIDE SERVICES | 20592 | 1300 | 19292 | |
| DUES | 3113 | 3113 | ||
| TELEPHONE | 2857 | 2468 | 180 | 209 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6909 | Total |
| Program Services | 2430 | ProgramServices |
| Management And General | 2907 | ManagementAndGeneral |
| Fundraising | 1572 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 298062 | Total |
| Program Services | 223639 | ProgramServices |
| Management And General | 55881 | ManagementAndGeneral |
| Fundraising | 18542 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72359 | BOY |
| EOY | 59575 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 561624 | BOY |
| EOY | 565389 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63500 | BOY |
| EOY | 38750 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 995 | BOY |
| EOY | 995 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 24552 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 17414 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1985 | BOY |
| EOY | 7138 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 831407 | BOY |
| EOY | 943125 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 558091 | BOY |
| EOY | 558091 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2089961 | BOY |
| EOY | 2173063 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15083 | BOY |
| EOY | 12635 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15083 | BOY |
| EOY | 12635 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1664181 | BOY |
| EOY | 1768481 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63500 | BOY |
| EOY | 38750 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 347197 | BOY |
| EOY | 353197 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2074878 | BOY |
| EOY | 2160428 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2089961 | BOY |
| EOY | 2173063 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -12607 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 98157 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 320543 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 177073 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 187791 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 854770 | CurrentTaxYearMinus1Year |
| Current Tax Year | 264195 | CurrentTaxYear |
| Total | 1804372 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 320543 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 177073 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 187791 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 854770 | CurrentTaxYearMinus1Year |
| Current Tax Year | 264195 | CurrentTaxYear |
| Total | 1804372 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 847426 | AmountsSubstContributorsTotal |
| Public Support Total170 | 956946 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 27170 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 12546 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 14718 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 16889 | CurrentTaxYearMinus1Year |
| Current Tax Year | 20537 | CurrentTaxYear |
| Total | 91860 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 1896232 | TotalSupport |
| Public Support Pertcentage170 | 0.50470 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.59830 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preservation For Public Use | X | PreservationForPublicUse |
| Protection Of Natural Habitat | X | ProtectionOfNaturalHabitat |
| Preservation Of Open Space | X | PreservationOfOpenSpace |
| Historic Land Area | X | HistoricLandArea |
| Total Number Of Easements | 49 | TotalNumberOfEasements |
| Total Acreage | 3729.00 | TotalAcreage |
| Nmbr Hist Struct Easements | 0 | NmbrHistStructEasements |
| Nmbr Hist Struct Easements After | 13 | NmbrHistStructEasementsAfter |
| Nmbr States In Which Easements Held | 2 | NmbrStatesInWhichEasementsHeld |
| Written Policy Monitoring | 1 | WrittenPolicyMonitoring |
| Staff Hours Spent On Enforcement | 417.00 | StaffHoursSpentOnEnforcement |
| Expenses Incurred For Enforcement | 25265 | ExpensesIncurredForEnforcement |
| Sect170h Requirements Satisfied | 1 | Sect170hRequirementsSatisfied |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 819030 | BeginningOfYearBalance |
| Contributions | 6000 | Contributions |
| Investment Earnings Or Losses | 111798 | InvestmentEarningsOrLosses |
| Other Expenditures | 0 | OtherExpenditures |
| End Of Year Balance | 936828 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 799501 | BeginningOfYearBalance |
| Contributions | 28795 | Contributions |
| Investment Earnings Or Losses | 3000 | InvestmentEarningsOrLosses |
| Other Expenditures | 12266 | OtherExpenditures |
| End Of Year Balance | 819030 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 725271 | BeginningOfYearBalance |
| Contributions | 76907 | Contributions |
| Investment Earnings Or Losses | 120470 | InvestmentEarningsOrLosses |
| Other Expenditures | 123147 | OtherExpenditures |
| End Of Year Balance | 799501 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 632573 | BeginningOfYearBalance |
| Contributions | 177073 | Contributions |
| Investment Earnings Or Losses | 107412 | InvestmentEarningsOrLosses |
| Other Expenditures | 191787 | OtherExpenditures |
| End Of Year Balance | 725271 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 769521 | BeginningOfYearBalance |
| Contributions | 195834 | Contributions |
| Investment Earnings Or Losses | -199305 | InvestmentEarningsOrLosses |
| Other Expenditures | 133477 | OtherExpenditures |
| End Of Year Balance | 632573 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.63000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.37000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 53 | InvestmentCostOrOtherBasis |
| Book Value | 53 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 24499 | InvestmentCostOrOtherBasis |
| Depreciation | 17414 | Depreciation |
| Book Value | 7085 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 7138 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PUBLICLY TRADED SECURITIES | Description |
| Book Value | 943125 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 943125 | TotalOfBookValueSecurities |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| DEPOSITS | 755 |
| LAND HELD FOR RESALE | 557336 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 558091 | TotalBookValueOtherAssets |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 383612 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 98157 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 98157 | RevenueNotRptdF990 |
| Revenue Subtotal | 285455 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 285455 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 298062 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 298062 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 298062 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: | PART II, LINE 9: | LAND HELD FOR RESALE HAS BEEN VALUED AT COST, OR IF DONATED, AT THE ESTIMATED FAIR VALUE ON THE DATE OF THE RECEIPT. IN ACCORDANCE WITH THE PROVISIONS OF FASB ASC 360, ACCOUNTING FOR THE IMPAIRMENT OR DISPOSAL OF LONG-LIVED ASSETS, THE TRUST RECORDS LAND AND LAND EASEMENTS AT FAIR VALUE BASED UPON THE ESTIMATED FUTURE CASH FLOWS TO RESULT FROM THE USE OF THE ASSET. SINCE LAND AND LAND EASEMENTS HELD BY THE TRUST ARE NOT EXPECTED TO GENERATE SIGNFICANT FUTURE CASH FLOWS, THEY HAVE BEEN VALUED AT $1 IN THE STATEMENT OF FINANCIAL POSITION. COSTS TO ACQUIRE SUCH LAND ARE EXPENSED AS INCURRED AND INCLUDED IN LAND ACQUISTION COSTS ON THE SCHEDULE OF FUNCTIONAL EXPENSES. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | LAKE CHAMPLAIN LAND TRUST, INC'S FIN 48 DISCLOSURE IS LOCATED IN NOTE 1 OF THE FINANCIAL STATEMENTS. IT READS "MANAGEMENT BELIEVES THE TRUST HAS NO UNCERTAIN TAX POSITIONS. THE TRUST ANTICIPATES THAT IT WILL NOT HAVE A CHANGE IN UNCERTAIN TAX POSTIONS DURING THE NEXT TWELVE MONTHS THAT WOULD HAVE A MATERIAL IMPACT ON THE TRUST'S FINANCIAL STATEMENTS. IF NECESSARY THE TRUST WOULD ACCRUE INTEREST AND PENALTIES ON UNCERTAIN TAX POSITIONS AS A COMPONENT OF THE PROVISION FOR INCOME TAXES." |
| SCHEDULE D, PART V - CHANGE IN PRIOR PERIOD ENDOWMENT BALANCES: IN 2012 THE BEGINNING BALANCES OF THE ENDOWMENT FUNDS WERE CHANGED TO PROPERLY REFLECT THOSE INVESTMENTS HELD IN ENDOWMENT. THE AMOUNT CHANGED WAS MINIMAL AND DOES NOT EFFECT THE PUBLIC EXEMPT STATUS OF THE ORGANIZATION. AS SUCH, THE BEGINNING BALANCES HAVE BEEN ADJUSTED ON SCHEDULE D PART V TO REFLECT THESE CHANGES PRESENTED IN THE ISSUED FINANCIAL STATEMENTS AND THE RETURN HAS NOT BEEN AMENDED FOR PRIOR YEARS. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE RETURN IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO ITS FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL BOARD AND COMMITTEE MEMBERS WILL, ON AN ANNUAL BASIS, DISCLOSE ON AN APPROPRIATE FORM, ANY SIGNIFICANT PROFESSIONAL, CONTRACTUAL OR POTENTIAL FINANCIAL AND/OR FIDUCIARY INTERESTS THAT MAY BRING HER/HIM IN CONFLICT WITH THE LAND TRUST INTERESTS. SIMILARLY, WHEN NOMINATED FOR OFFICE, PROSPECTIVE TRUSTEES SHOULD DISCLOSE TO THE ORGANIZATION ANY PERSONAL AFFILIATIONS THAT COULD BE CONSTRUED TO BE RELATED TO THE LAKE CHAMPLAIN LAND TRUST AND ITS ACTIVITIES. THESE FORMS SHALL BE REVIEWED BY THE BOARD CHAIR AND KEPT ON RECORD IN THE LAND TRUST OFFICE. IN THE EVENT THAT THERE IS A DISAGREEMENT BETWEEN A TRUSTEE AND ANOTHER TRUSTEE AS TO THE EXISTENCE OF A CONFLICT OF INTEREST THE DISAGREEMENT WILL BE RESOLVED BY A VOTE OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED ANNUALLY AT THE END OF THE YEAR DURING A BOARD OF DIRECTORS MEETING IN WHICH THE EXECUTIVE DIRECTOR IS NOT PRESENT. THE BOARD USES DETAILED ANNUAL REPORTS AND COMPLETES A PERFORANCE REVIEW ON THE EXECUTIVE DIRECTOR TO HELP DETERMINE COMPENSATION. THE BOARD ALSO USED COMPENSATION COMPARISONS FROM OTHER SIMILAR ORGANIZATIONS. KEY EMPLOYEES WAGES ARE DETERMINED AND SET BY THE EXECUTIVE DIRECTOR AT HIS DISCRETION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION POSTS ITS CONFLICT OF INTEREST POLICY AND BYLAWS ON ITS WEBSITE. OTHER GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| PART XI, LINE 2C | THE ORGANIZATION HAS NOT CHANGED ITS METHODS OF OVERSIGHT FROM PRIOR YEARS. THE BOARD OF DIRECTORS OVERSEES THE AUDIT. |