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        <FormAndLineReferenceDesc>Pt II Ln 10</FormAndLineReferenceDesc>
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        <FormAndLineReferenceDesc>Pt II, Line 5</FormAndLineReferenceDesc>
        <ExplanationTxt>Monitoring Process - PSABC reserves the right to prioritize and schedule monitoring of easement properties. PSABC will notify the property owner or registered agent and initiate scheduling by written correspondence. The property owner will be directed to reply to this correspondence either through email (director@psabc.org) or phone (828-254-2343) to schedule a date and time for monitoring to occur within 45 days of contact. On the scheduled date of monitoring, both PSABC and the property owner will be represented. The PSABC representative will have reviewed the property and easement documentation on file with PSABC, and will be equipped with photos from baseline documentation. Current condition of the property will be compared to conditions documented at the time of the easement donation. During the monitoring visit, photographs will be taken at the same or similar angle(s) of the original documentary photos within the baseline documentation added to the PSABC property file. A PSABC representative will complete a monitoring report at or immediately following this meeting, making written notes on the current condition of the easement property. Notes from discussions with the easement owner will also be documented. Within two weeks after a monitoring appointment, PSABC will send a follow-up letter documenting the on-site monitoring, property conditions, unauthorized changes, or relevant information from the property owner. If unauthorized changes have occurred or the easement property requires maintenance, the letter will urge the easement owner to contact PSABC and schedule consultation or action to address these concerns.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt II, Line 9</FormAndLineReferenceDesc>
        <ExplanationTxt>The organization receives donations of preservation easements from property owners. Preservation easements typically assign the development rights of property to the Preservation Society of Asheville and Buncombe County, thereby protecting it from development from current or future landowners. Although the removal of development rights of land has a measurable devaluation to the landowner, they have no attainable value to the Preservation Society of Asheville and Buncombe County. There is no market or market value for easements in the hands of the Preservation Society of Asheville and Buncombe County and the easements in fact impose a financial burden on the organization. Easement donors, while helping the Preservation Society of Asheville and Buncombe County satisfy preservation objectives, actually impose financial responsibilities on the organization through their ongoing monitoring requirements. Therefore, easements acquired by the Preservation Society of Asheville and Buncombe County are accounted for as zero balance assets and are therefore, not reflected in the organizations financial statements. The cash components received with regard to the easements are reported as income on the organizations financials.</ExplanationTxt>
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        <FormAndLineReferenceDesc>Other</FormAndLineReferenceDesc>
        <ExplanationTxt>Part III, Line 4d Other Program Activities - Advocacy: We work through advocacy campaigns to address challenges to the historic built environment and to our communitys culture and heritage. Grants: We offer up to $20,000 in grants (individual grants will be from $500 - $5000) to the public in three categories: 1) Bricks-and-Mortar 2) Public Education 3) Planning, Surveying and Designation.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 6</FormAndLineReferenceDesc>
        <ExplanationTxt>The Preservation Society is a membership organization.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 7a</FormAndLineReferenceDesc>
        <ExplanationTxt>Members have the power to elect board of director members and officers in the annual meeting.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 7b</FormAndLineReferenceDesc>
        <ExplanationTxt>Amendments to the Bylaws are subject to approval by members.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>The 990 is prepared by independent accountants and is reviewed by the executive director and treasurer of PSABC.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>Board members are required to review and sign a conflict of interest disclosure form annually.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 15a</FormAndLineReferenceDesc>
        <ExplanationTxt>Members of the Executive &amp; Governance Committees review ED performance and interview staff. The NC Center for Nonprofits Compensation Report was used as comparability data.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 18</FormAndLineReferenceDesc>
        <ExplanationTxt>The Form 990 is available on the websites of many charity watch organizations such as GuideStar and available upon request.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Other</FormAndLineReferenceDesc>
        <ExplanationTxt>Part VII: Josi Ward was paid as a consultant and not for her work on the board.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>