2011-08-11T11:35:10-05:00 2010-12-31 ANSTISS & CO PC 1115 WESTFORD STREET LOWELL MA 01851 990 2010-01-01 237305157 HARVARD CONSERVATION TRUST HARV 9784569292 PO BOX 31 HARVARD MA 01451 RUSSELL F SHAPPY JR 9784567333 2011-07-08 1 RAYMOND L ANSTISS JR 9784522500 2011-07-05 2010 2016-02-24 21:20:13Z DENNIS DELANEY PO BOX 31 HARVARD MA 01451 373300 0 X WWW.HARVARDCONSERVATIONTRUST.ORG X 1973 MA TO PRESERVE THE UNIQUE CHARACTER AND NATURAL RESOURCES OF HARVARD 14 14 2 35 0 0 551127 97395 0 0 5869 11452 6615 2202 563611 111049 0 0 0 0 9701 39091 0 0 4876 55412 57669 65113 96760 498498 14289 4284963 4305252 11993 10290 4272970 4294962 TO PRESERVE THE UNIQUE CHARACTER AND NATURAL RESOURCES OF HARVARD 0 0 55417 1078 PROGRAM SERVICE EXPENSES RELATE TO THE COSTS OF ACQUIRING AND PRESERVING LAND FOR THE TOWN OF HARVARD, MA 55417 1 1 0 0 0 1 0 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 2 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 MA X RUSSELL F SHAPPY JR TREASURER 9783911222 PO BOX 31 HARVARD MA 01451 DENNIS DELANEY 4.00 X X 0 0 0 MOLLY CUTLER 4.00 X X 0 0 0 RUSSELL SHAPPY 4.00 X X 0 0 0 MARGARET NESTLER 4.00 X X 0 0 0 ERIN ASH-SULLIVAN 2.00 X 0 0 0 JIM CROYLE 2.00 X 0 0 0 BECCA DAY-NEWSHAM 2.00 X 0 0 0 JIM ELKIND 2.00 X 0 0 0 PRISCILLA ENDICOTT 2.00 X 0 0 0 STEVE FINNEGAN 2.00 X 0 0 0 TED MACMAHON 2.00 X 0 0 0 JAMES SAALFIELD 2.00 X 0 0 0 WILL STEVENSON 2.00 X 0 0 0 SUSAN TARRANT 2.00 X 0 0 0 TIM ARNOLD 2.00 X 0 0 0 ROBIN MALLOY 2.00 X 0 0 0 JED MANNIS 2.00 X 0 0 0 MARYLYNN GENTRY 20.00 X 30000 0 0 30000 0 0 0 0 0 0 0 43714 53681 10023 97395 9257 9257 259800 257605 2195 2195 2195 5770 4646 1124 1124 TRAIL GUIDE INCOME 900099 1078 1078 1078 111049 1078 0 12576 30000 13500 13500 3000 5840 2628 2628 584 3251 1463 1463 325 693 693 6950 6950 2599 2599 6649 4842 1659 148 3897 3376 521 3451 1553 1553 345 600 600 13 13 410 410 3606 916 2486 204 BAD DEBT EXPENSE 21290 21290 ANNUAL MEETING 1378 1249 129 PROFESSIONAL DEVELOPMEN 1108 1108 ADMINISTRATION 1010 505 505 TREE FUND EXPENSE 892 892 3123 2603 250 270 96760 55417 36467 4876 53483 41173 452563 481717 420 485210 485210 1596 1680 2130545 478 2130477 2130067 295776 295327 145000 145000 720858 724658 4284963 4305252 11993 10290 11993 10290 X 1516702 1504901 776300 810093 1979968 1979968 4272970 4294962 4284963 4305252 X 14289 7703 X 0 1 1 X 0 X 100504 273414 1263817 551127 97395 2286257 6271 8788 13812 11830 6848 47549 106775 282202 1277629 562957 104243 2333806 25017 204311 29000 62520 26378 347226 0 25017 204311 29000 62520 26378 347226 1986580 -3223 26270 29900 6065 9257 68269 -3223 26270 29900 6065 9257 68269 103552 308472 1307529 569022 113500 2402075 0.82700 0.96490 0.02840 0.03510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 18 406.90 1 0 1 0 42.00 350 2128497 2128497 2048 478 1570 2130067 INTEREST RECEIVABLE 260469 CONSERVATION RESTRICTIONS 18 DUE FROM HCT DEVELOPMENT 463673 DUE FROM U.S. TREASURY 98 SECURITY DEPOSIT 400 724658 111049 96760 14289 7703 7703 21992 117900 7703 -36 7667 110233 2599 -1783 816 111049 124120 29996 29996 94124 2599 37 2636 96760 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: CONSERVATION EASEMENT ACQUISITION COSTS ARE EXPENSED AS INCURRED. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: ASC 740-10, "INCOME TAXES" (FORMERLY FASB INTERPRETATION NO. 48, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES") REQUIRES THE ORGANIZATION TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. HARVARD CONSERVATION TRUST REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND TO THE COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THESE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF HARVARD CONSERVATION TRUST'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT HARVARD CONSERVATION TRUST IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY. PART XII, LINE 2D - OTHER ADJUSTMENTS: INTEREST INCOME OF SUBSIDIARY 1. FOREIGN TAXES ON INVESTMENT INCOME -37. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -4,646. INEREST INCOME FROM SUBSIDIARY 2,863. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 4,646. EXPENSES OF SUBSIDIARY 25,350. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FOREIGN TAXES ON INVESTMENT INCOME 37. FORM 990, PART VI, SECTION B, LINE 11 THE CHAIR OF THE FINANCE COMMITTEE, THE TREASURER, AND THE EXECUTIVE DIRECTOR WILL REVIEW THE FORM 990 AND MAKE IT AVAILABLE TO ALL OF THE TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES, EMPLOYEES, CLOSE RELATIVES, MAJOR DONORS, RELATED ORGANIZATIONS, AND OTHER INSIDERS, AS DEFINED IN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, ARE REQUIRED TO BRING ANY INVLOVEMENT IN A CONFLICT OR APPEARANCE OF CONFLICT TO THE ATTENTION OF THE DESIGNATED TRUSTEE. THE TRUSTEE SELECTED TO MANAGE CONFLICT OF INTEREST ISSUES WILL DEVELOP A RECOMMENDED COURSE OF ACTION TO BE SUBMITTED TO THE FULL BOARD OF TRUSTEES AS THE FINAL ARBITER OF THE ISSUE. UNTIL THE BOARD OF TRUSTEES VOTE ON A RECOMMENDED COURSE OF ACTION, THE INDIVIDUAL INVOLVED IS REQUIRED TO REFRAIN FROM PARTICIPATING FROM THE QUESTIONABLE ACTIVITY AND RECUSE AND ABSENT HIM/HERSELF FROM DISCUSSIONS PERTAINING TO THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE ANNUALLY REVIEWS THE EXECUTIVE DIRECTOR, BASED ON CONFIDENTIAL INPUT FROM ALL OF THE TRUSTEES AND OTHER EMPLOYEES, AND MAKES A RECOMMENDATION ON COMPENSATION TO THE TRUSTEES FOR A FULL BOARD VOTE. FORM 990, PART VI, SECTION C, LINE 18 FORM 1023 AND FORM 990 ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 7,703. HCT DEVELOPMENT INC 56 BLANCHARD ROAD HARVARD MA 01451 043329249 LIMITED DEVELOPMENT MA N/A C -28212 882772 1.00000 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HCT DEVELOPMENT INC D 1209352 ACTUAL AMT OF LOANS & ACCRUED INT