2011-11-15T16:49:11-06:00 2010-12-31 TALBOT KORVOLA & WARWICK LLP 4800 SW MACADAM SUITE 400 PORTLAND OR 972393973 990 2010-01-01 911937645 VANCOUVER NATIONAL HISTORIC RESERVE TRUST VANC 3609921805 750 ANDERSON ST VANCOUVER WA 986613855 MICHAEL TRUE 3609921800 2011-11-15 1 JASON R ORME 5032742849 X 2010 2016-03-07 17:11:31Z FORT VANCOUVER NATIONAL TRUST MICHAEL TRUE 750 ANDERSON ST VANCOUVER WA 986613855 3604737 0 X WWW.FORTVAN.ORG X 1998 WA TO ADVANCE THE PRESERVATION AND EDUCATIONAL PURPOSES OF THE VANCOUVER NATIONAL HISTORIC RESERVE FOR THE PUBLIC BENEFIT; TO SUPPORT ITS RESERVE PARTNERS IN A COLLECTIVE EFFOT TO PRESERVE, ENHANCE AND OPERATE THE RESERVE FOR PUBLIC BENEFIT THROUGH EDUCATION, RESOURCE DEVELOPMENT, ADVOCACY, COMMUNITY, IDENTITY, PROGRAMS AND CULTURAL EVENTS. 24 24 27 450 0 0 640709 659535 359233 594760 43818 83660 386662 352919 1430422 1690874 1000 17713 0 0 657720 770406 0 0 283084 502336 743230 1161056 1531349 269366 159525 3273054 3668812 563043 645423 2710011 3023389 X TO ADVANCE THE EDUCATIONAL AND PRESERVATION PURPOSES OF THE VANCOUVER NATIONAL HISTORIC RESERVE; TO SUPPORT ITS RESERVE PARTNERS IN A COLLECTIVE EFFORT TO PRESERVE, ENHANCE AND OPERATE THE RESERVE FOR PUBLIC BENEFIT THROUGH EDUCATION, RESOURCE DEVELOPMENT, COMMUNITY, IDENTITY, PROGRAMS AND CULTURAL EVENTS. 0 0 739348 391278 CELEBRATE FREEDOM PROGRAMS: THE TRUST COORDINATES THE FOLLOWING CELEBRATE FREEDOM PROGRAMS WHICH ARE ATTENDED BY APPROXIMATELY 100,000 PEOPLE. EDUCATIONAL COMPONENTS ARE SHOWN IN PARENTHESIS: THE FLAG DAY CEREMONY (PATRIOTIC ESSAY COMPETITION FOR LOCAL FIFTH GRADE STUDENTS); INDEPENDENCE DAY; VETERANS PARADE; THE MARSHALL PUBLIC LEADERSHIP AWARD; THE MARSHALL YOUTH LEADERSHIP AWARD (CIVICS/ CITIZENSHIP COMPETITION FOR LOCAL HIGH SCHOOL JUNIORS/SENIORS); THE GENERAL GEORGE C. MARSHALL LECTURE SERIES (HELD AT LOCAL HIGH SCHOOL; STUDENTS PRESENT QUESTIONS FOR THE LECTURER); AND ANNUAL MEMBERSHIP EVENTS. 261154 203482 PEARSON AIR MUSEUM: THE TRUST OPERATES PEARSON AIR MUSEUM AND THE EDUCATIONAL ACTIVITIES INCLUDING AVIATION SUMMER CAMP, OPEN COCKPIT DAYS, TRAVELING EXHIBITS, CHRISTMAS AT PEARSON AIR MUSEUM AND OTHER EVENTS FOCUSED ON EDUCATION, AVIATION AND HISTORY. 346361 MASTER LEASE OF CITY OF VANCOUVER PROPERTY: AS THE HOLDER OF THE MASTER LEASE FOR OFFICERS ROW AND THE WEST BARRACKS PROPERTIES, THE TRUST OVERSEES HISTORIC PRESERVATION AND PRESERVATION EDUCATION; PROPERTY OPERATIONS AND PROPERTY DEVELOPMENT ON THE HISTORIC RESERVE. REVENUE AND EXPENSES FOR THESE ACTIVITIES ARE REPORTED AS RENTAL ACTIVITY ON PAGE 9 AND AS NET RENTAL INCOME AS A COMPONENT OF PROGRAM SERVICE REVENUE ON PAGE 1. COOPERATIVE ASSOCIATION - THE TRUST SERVES AS A COOPERATIVE ASSOCIATION TO THE NATIONAL PARK SERVICE AND OPERATES THE RESERVE'S RETAIL LOCATIONS AS WELL AS PROVIDING SUPPORT TO THE NATIONAL PARK SERVICE FOR EDUCATION PROGRAMS SUCH AS ARCHAEOLOGY FIELD SCHOOL AND CAMPFIRES AND CANDLELIGHT. AN ESTIMATED 250,000 PERSONS VISITED.REVENUE AND EXPENSES FOR THESE ACTIVITIES ARE REPORTED AS SALES ACTIVITY ON PAGE 9. 1000502 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 1 27 1 0 0 0 0 0 1 1 1 1 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA OR X X MICHAEL TRUE 3609921800 750 ANDERSON ST VANCOUVER WA 98661 BOB RIDGLEY 1.00 X 0 0 0 BRAD CARLSON 1.00 X 0 0 0 BRUCE HAGENSEN 1.00 X 0 0 0 DAVID NICANDRI 1.00 X 0 0 0 DEAN IRVIN 1.00 X 0 0 0 DICK POKORNOWSKI 1.00 X 0 0 0 ED LYNCH 1.00 X 0 0 0 ELSON STRAHAN 60.00 X X X 165762 0 35409 ERIC FULLER 1.00 X 0 0 0 GEORGE BING SHELDON 1.00 X 0 0 0 GEORGE KILLIAN 1.00 X 0 0 0 HUNT CORACCI 1.00 X 0 0 0 JAN BADER 1.00 X 0 0 0 JD MUYSKENS 1.00 X X 0 0 0 JENNIFER KAMPSULA 1.00 X 0 0 0 JOHN RUDI 1.00 X 0 0 0 MARY MEYERS 1.00 X 0 0 0 MIKE WILLIAMS 1.00 X 0 0 0 PAUL CHRISTENSEN 1.00 X 0 0 0 RICHARD KELLER 1.00 X 0 0 0 ROGER QUALMAN 1.00 X 0 0 0 STACEY GRAHAM 1.00 X 0 0 0 STEVE HORENSTEIN 1.00 X X 0 0 0 TRACY FORTMANN 1.00 X 0 0 0 TWYLA BARNES 1.00 X 0 0 0 WARD COOK 1.00 X 0 0 0 MICHAEL TRUE 60.00 X 86014 0 19153 251776 0 54562 1 0 1 0 CITY OF VANCOUVER PO BOX 8995 VANCOUVER WA 98668 VARIOUS 343605 DISTINCTIVE LANDSCAPE 16620 NE 72ND AVE VANCOUVER WA 98686 LANDSCAPING 118712 2 48685 44394 566456 659535 CELEBRATE FREEDOM INCO 713990 391278 391278 MUSEUM INCOME 453220 203482 203482 594760 63865 63865 1780551 1434190 346361 346361 346361 381419 361624 19795 19795 19795 19759 48685 51019 -31260 -31260 102054 67030 35024 35024 MISC. REVENUE 531390 2794 2794 2794 1690874 941121 0 90218 12513 12513 5200 5200 251776 134409 48479 68888 347977 185765 67002 95210 32931 17580 6341 9010 77611 41432 14944 21235 60111 32090 11574 16447 2788 2203 347 238 23899 18888 2973 2038 7492 5921 932 639 126604 100057 15750 10797 26729 22927 258 3544 115875 78184 26757 10934 31942 5801 7366 18775 31796 24627 5377 1792 37786 33034 4118 634 OTHER SERVICES 121349 117044 4305 0 EQUIPMENT RENTAL 73551 65148 3576 4827 PRINTING 55912 35688 9694 10530 SUPPLIES 26912 26302 610 0 MISCELLANEOUS EXPENSES 16681 6367 7541 2773 43914 29322 9819 4773 1531349 1000502 247763 283084 17356 550118 1174410 1128244 214774 226972 49744 10819 91180 79717 1899 22209 485962 205606 309524 280356 1163684 1370377 250483 0 3273054 3668812 298761 288731 115112 107215 149170 249477 563043 645423 X 1523616 1736194 1186395 1287195 2710011 3023389 3273054 3668812 X 159525 153853 X X 0 1 1 X 0 X 1177529 1327273 2093862 999942 1254295 6852901 1177529 1327273 2093862 999942 1254295 6852901 1294556 5558345 1816322 1845464 1934413 1810968 1844416 9251583 53251 114953 125834 125505 124607 544150 16648634 2444650 0.33390 0.33750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 759402 88703 36956 811149 0 718836 67636 27070 759402 1.00000 0 0 442825 205606 237219 43137 43137 280356 SECURITY DEPOSITS 94577 OPERATING LEASE PAYABLE 154900 249477 1690874 1531349 159525 153853 153853 313378 3524156 153853 187620 1491809 1833282 1690874 0 1690874 3210778 187620 1491809 1679429 1531349 0 1531349 PART III, LINE 1A: COLLECTIONS AND EXHIBITS DURING 2005 THE TRUST ASSUMED OPERATIONS OF THE PEARSON AIR MUSEUM AND ACQUIRED RELATED MUSEUM ASSETS. THE ASSETS CONSIST OF AIRPLANES, EXHIBITS AND OTHER COLLECTIONS. IT IS NOT PRACTICAL TO ESTIMATE THE FAIR MARKET VALUE OF THE ASSETS AND, AS SUCH, THEY HAVE NOT BEEN CAPITALIZED IN THE ACCOMPANYING STATEMENT OF FINANCIAL POSITION. COLLECTIONS AND EXHIBITS ACQUIRED SINCE JANUARY 1, 2006 HAVE BEEN CAPITALIZED AND ARE RECORDED AT FAIR MARKET VALUE AS OF THE DATE CONTRIBUTED OR AT COST IF PURCHASED. DUE TO THEIR NATURE, EXHIBITS AND COLLECTIONS ARE NOT DEPRECIATED. PART OF THE PURPOSE OF THE TRUST IS TO PROMOTE HISTORICAL EDUCATION, INCLUDING MILITARY HISTORY. THE AIRPLANES, EXHIBITS AND COLLECTIONS ARE A PART OF THIS HISTORY. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE TRUST FOLLOWS THE PROVISIONS OF FASB ASC TOPIC ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE TRUST'S TAX POSITIONS AND CONCLUDED THAT THE TRUST HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS TOPIC. PART XII, LINE 2D: RENTAL EXPENSES NETTED WITH REVENUES FOR TAX 1,434,190 BAD DEBT EXPENSE NETTED WITH REVENUE FOR TAX 6,600 SPECIAL EVENT EXPENSE NETTED WITH REVENUE FOR TAX 51,019 PART XIII, LINE 2D: RENTAL EXPENSES NETTED WITH REVENUES FOR TAX 1,434,190 BAD DEBT EXPENSE NETTED WITH REVENUE FOR TAX 6,600 SPECIAL EVENT EXPENSE NETTED WITH REVENUE FOR TAX 51,019 DANCING WITH THE STARS 68444 48685 19759 11251 4186 35582 68444 48685 19759 11251 4186 35582 51019 -31260 1 NATIONAL PARK SERVICE 612 E RESERVE STREET VANCOUVER WA 98661 12456 EDUCATIONAL PROGRAMS 1 SCHOLARSHIPS - MARHSHALL YOUTH AWARD, MARSHALL LEADERSHIP AWARD & SING 4TH SCHOLARSHIP 3 5200 CASH 1 X X X X 0 0 0 0 0 0 0 0 0 ELSON STRAHAN 165762 0 0 0 0 0 12413 0 22996 0 201171 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE RETURN PREPARER REVIEWED FORM 990 WITH THE CFO, WHO APPROVED THE RETURN FOR SIGNATURE AND FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO IMMEDIATELY DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST WHEN IT ARISES. IF IT APPEARS ANY CONFLICT MAY EXIST, AN INVESTIGATION AND INQUIRY BY STAFF IS PERFORMED AND REPORTED TO THE BOARD. IF A DIRECT CONFLICT EXISTS, THE BOARD MEMBER IS EXCUSED DURING ANY RELATED DISCUSSIONS. FORM 990, PART VI, SECTION B, LINE 15 COMPARABLE DATA PROVIDED TO EXECUTIVE COMMITTEE. OFFICERS WERE EXCUSED FROM DISCUSSION WHILE COMPENSATION WAS SET AND APPROVED. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, DOCUMENTS WILL BE PROVIDED. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 153,853. FORM 990 PART XII LINE 2C NO CHANGE IN AUDIT PROCEDURES FROM THE PRIOR YEAR. FOR TAX REPORTING PURPOSES, RENTAL EXPENSE ARE NETTED WITH REVENUES. AS THIS IS THE CASE, TOTAL REVENUE AS REPORTED ON PAGE 1 DOES NOT ACCURATELY REFLECT THE GROSS REVENUES OF THE ORGANIZATION AND THE SUBSTANTIAL ROLE THE TRUST PLAYS AS IT RELATES TO HISTORIC PRESERVATION AND PROPERTY OPERATIONS. IN ADDITION, AS A RESULT OF THE NETTING OF RENTAL INCOME WITH EXPENSES, ACTUAL PROGRAM SERVICES ARE SIGNIFICANTLY LARGER THAN REPRESENTED ON PAGE 1.