2024-04-29T13:45:23-04:00 2023-12-31 882802798 FORGE FINANCIAL & MANAGEMENT CONSULTING 1245 JORDAN CREEK PKWY STE 100 WEST DES MOINES IA 502662343 990 2023-01-01 421104058 BUR OAK LAND TRUST BURO 3193387030 PO BOX 2523 IOWA CITY IA 52244 JASON TAYLOR EXECUTIVE DIRECTOR 3193387030 2024-04-26 true JASON TAYLOR 999009999 false ROSS VANLAAR CPA P01532250 5156203050 2024-04-29 2023 2023-04-26 12:10:37Z JASON TAYLOR PO BOX 2523 IOWA CITY IA 52244 797712 false X WWW.BUROAKLANDTRUST.ORG X 1978 IA ACCREDITED BY THE NATIONAL LAND TRUST ACCREDITATION COMMISSION, THE TRUST MAINTAINS AND PRESERVES TWELVE LOCAL NATURAL AREAS FOR THE ENJOYMENT AND EDUCATION OF THE PUBLIC. 11 11 28 50 0 1225361 751637 0 20443 19551 13249 26524 1259053 797712 0 0 332710 380973 0 123280 359745 377638 692455 758611 566598 39101 3641899 3743172 42258 35627 3599641 3707545 X ADVANCING BIODIVERSITY IN EASTERN IOWA BY PROTECTING RESILIENT LANDSCAPES AND CONNECTING PEOPLE TO NATURE. false false 507135 PROPERTY STEWARDSHIP: BUR OAK LAND TRUST OWNS AND MANAGES 12 LOCAL AREAS IN IOWA'S JOHNSON, MUSCATINE AND POWESHIEK COUNTIES TOTALING 584.56 ACRES. THE TRUST ALSO HOLDS 17 CONSERVATION EASEMENTS, TOTALING 391.03 ACRES FROM PRIVATE LANDOWNERS WHO WISH TO PROTECT THEIR LAND IN PERPETUITY. THE TRUST HAS A CONSERVATION AND LAND STEWARD WHO DEVELOP MANAGEMENT PLANS FOR EACH PROPERTY IN COLLABORATION WITH AN AMERICORPS LAND STEWARDSHIP TEAM AND VOLUNTEERS. LAND CONSERVATION AND MANAGEMENT: PROPERTY MANAGEMENT PLANS FOR FEE-OWNED PROPERTIES INCLUDE IDENTIFICATION OF NATIVE AND NON-NATIVE SPECIES FOUND ON THE PROPERTIES, CONTROL OF INVASIVE SPECIES, AND UNIQUE MANAGEMENT REQUIREMENTS NECESSARY FOR THE PROTECTION OF ENDANGERED, THREATENED, AND SPECIES OF SPECIAL CONCERN. REDUCTION OF INVASIVE SPECIES WILL ALLOW FOR THE REESTABLISHMENT OF A MORE RESILIENT NATIVE ECOSYSTEM. IN 2023, APPROXIMATELY 15,000 HOURS OF ACTIVE LAND MANAGEMENT OCCURRED ON THE TRUST'S FEE-OWNED PROPERTIES, WITH A FOCUS ON HABITAT RESTORATION AND IMPROVEMENT. MANAGEMENT TECHNIQUES AND ACTIVITIES INCLUDED PRESCRIBED FIRE, TIMBER STAND IMPROVEMENT AND CANOPY REDUCTION, MECHANICAL REMOVAL OF INVASIVE SPECIES, NATIVE SEED HARVESTING AND SEED SPREADING, AND NATIVE SHRUB AND TREE PLANTING. PUBLIC AWARENESS, EDUCATION AND SUPPORT: BUR OAK LAND TRUST STAFF, BOARD MEMBERS, VOLUNTEERS, AND AMERICORPS MEMBERS PRESENTED TO DIVERSE COMMUNITY GROUPS PROMOTING LAND CONSERVATION AND PROVIDING EDUCATIONAL OPPORTUNITIES. THE TRUST HOSTED IN-PERSON AND ONLINE EDUCATIONAL AND OUTREACH EVENTS. THE TRUST MAINTAINS A SOCIAL MEDIA PRESENCE THROUGH NUMEROUS PLATFORMS, PROVIDING EDUCATIONAL CONTENT AND PROMOTING OPPORTUNITIES. IN 2023 PUBLIC SUPPORT ALSO INCLUDED DISASTER RELIEF EFFORTS IN THE COMMUNITY. 507135 true true false false false false true false false true true false false false false true false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false true 2 0 true 28 true false false false false false false false false false false false false X 11 11 false false false false false true false true true false false true true true true true true true true false IA CA DC X X X JASON TAYLOR 3193387030 PO BOX 2523 IOWA CITY IA 52244 LARRY WEBER PAST PRESIDE 0.50 X X 0 0 0 KATE JAMISON TERM ENDED 623 SECRETARY 1.50 X 0 0 0 LAIN ADKINS TERM ENDED 623 TREASURER 0.50 X X 0 0 0 VALERIE DECKER SECRETARY 3.00 X X 0 0 0 BEN DILLON TERM ENDED 623 DIRECTOR 0.50 X 0 0 0 REV DON HODSON DIRECTOR 0.50 X 0 0 0 CHRIS JENSEN PRESIDENT 4.00 X X 0 0 0 NEIL JOSS TERM ENDED 623 DIRECTOR 0.00 X 0 0 0 KEN LOWDER DIRECTOR 1.00 X 0 0 0 LIZ MAAS DIRECTOR 1.50 X 0 0 0 KATE REILLY TREASURER 3.00 X X 0 0 0 JASON TAYLOR EXECUTIVE DI 40.00 X 69300 0 7200 JACK MORAN JOINED 723 DIRECTOR 1.50 X 0 0 0 JOE HOLLAND JOINED 723 DIRECTOR 3.00 X 0 0 0 WILLIAM BLAIR JOINED 723 DIRECTOR 3.00 X 0 0 0 CHARLOTTE FAIRLIE JOINED 723 DIRECTOR 1.50 X 0 0 0 69300 7200 false false false 272762 478875 25778 751637 19551 19551 DEER TAG INCOME 900099 25850 25850 MISCELLANEOUS INCOME 900099 674 674 26524 797712 46075 76500 30600 38250 7650 254870 171897 24134 58839 25875 17487 2398 5990 23728 14611 4303 4814 4555 1948 2498 109 18376 7859 10076 441 30531 19209 7001 4321 9903 3301 3212 3390 29656 18831 7856 2969 22301 19540 1167 1594 11052 5936 4591 525 10100 10100 12222 3694 8528 AMERICORPS 181796 181796 DUES, LICENSES, & PERMITS 32669 5964 4082 22623 EQUIPMENT RENTAL 10020 5 10015 MISCELLANEOUS 4457 4457 758611 507135 128196 123280 243849 266134 1000 1000 2802368 66790 2725564 2735578 671486 740460 3641899 3743172 17258 10627 25000 25000 42258 35627 X 3306985 3400115 292656 307430 3599641 3707545 3641899 3743172 39101 68803 X true X false true false X 412854 618721 854904 1225361 751637 3863477 412854 618721 854904 1225361 751637 3863477 677164 3186313 15874 12430 12944 15443 19551 76242 25558 23847 15210 13249 26524 104388 4044107 2115 0.78790 0.72010 X PART II, LINE 10 FUNDRAISING INCOME 32,687 DEER TAG INCOME 35,550 MISC INCOME 5,381 GAMING INCOME 1,040 LAND REVENUE 3,206 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 17 391.00 1 true 44.00 1487 46496 1530 -2968 45058 50551 -2599 -1456 46496 46689 5266 -1404 50551 42136 4655 -102 46689 38724 7363 -3951 42136 0.30530 0.56860 0.12610 true false 2666120 2666120 3609 1834 1775 132639 64956 67683 2735578 X 866515 68803 68803 797712 797712 758611 758611 758611 SCHEDULE D, PAGE 1, PART II, LINE 5 THE BUR OAK LAND TRUST USES A RANGE OF TOOLS TO HELP CONSERVE IMPORTANT NATURAL RESOURCES IN IOWA. THE TRUST RECOGNIZES THE IMPORTANCE OF USING CONSERVATION EASEMENTS, BUT ALSO RECOGNIZES THE PERPETUAL RESPONSIBILTIES OF BEING A CONSERVATION EASEMENT GRANTEE. THE TRUST HAS SPECIFIC POLICIES AND TAKES SPECIFIC ACTIONS AS NECESSARY TO MONITOR AND ENFORCE THE PROVISIONS OF CONSERVATION EASEMENTS HELD BY THE TRUST. SEPARATE BOARD- DESIGNATED ACCOUNTS WERE ALSO ESTABLISHED TO PROVIDE FOR A PROPERTY STEWARDSHIP POSITION, PROPERTY MANAGEMENT, AND CONSERVATION EASEMENT LEGAL DEFENSE AND STEWARDSHIP. THE TRUST ESTABLISHED A POLICY THAT REQUIRES THAT FUNDS BE SET ASIDE AS PART OF THE ACQUISITION OF EACH CONSERVATION EASEMENT. IT IS THE POLICY OF THE TRUST THAT THESE FUNDS BE INVESTED AS A PART OF ITS PROJECT FUNDING POLICY. THESE FUNDS WILL BE INVESTED TO PREVENT LOSS OF PRINCIPAL WHEN POSSIBLE. AS A PART OF THE ANNUAL BUDGET PROCESS, A PORTION OF THE EARNINGS WILL BE INCLUDED IN REVENUES EVERY YEAR TO COVER THE COSTS OF BASELINE DOCUMENTATION, ANNUAL MONITORING, AND TECHNICAL ASSISTANCE TO THE LANDOWNERS. THE TRUST HAS FURTHER ESTABLISHED BOARD-DESIGNATED CONSERVATION EASEMENT LEGAL DEFENSE ACCOUNT. THIS ACCOUNT IS TO BE USED FOR LEGAL DEFENSE, ARBITRATION OR LITIGATION COSTS ASSOCIATED WITH ENFORCING THE PROVISIONS OF ANY CONSERVATION EASEMENT HELD BY THE TRUST. IT IS THE POLICY OF THE TRUST THAT THESE FUNDS BE INVESTED AS A BOARD-DESIGNATED ACCOUNT. THESE FUNDS WILL BE INVESTED TO PREVENT LOSS OF PRINCIPAL. ANY INVESTMENT INCOME ATTRIBUTED TO THE CONSERVATION EASEMENT LEGAL DEFENSE ACCOUNT SHALL REMAIN IN THE ACCOUNT. THE PRINCIPAL AND ANY INVESTMENT INCOME OF THE ACCOUNT MAY BE USED FOR LEGAL DEFENSE. ANY LEGAL ACTIONS TAKEN BY THE TRUST, OR USE OF THE FUNDS IN THE CONSERVATION EASEMENT LEGAL DEFENSE ACCOUNT, REQUIRE APPROVAL OF THE BOARD. SCHEDULE D, PAGE 1, PART II, LINE 9 THE ORGANIZATION DOES NOT RECORD CONSERVATION EASEMENTS ON ITS FINANCIAL STATEMENTS, AS THEY ARE PREPARED ON THE MODIFIED CASH BASIS OF ACCOUNTING. SCHEDULE D, PAGE 2, PART V, LINE 4 THE TRUST'S ENDOWMENT CONSISTS OF A FUND ESTABLISHED TO GENERATE INCOME DESIGNED TO PAY PREMIUMS FOR TERRAFIRMA, A NATIONAL NON-PROFIT INSURANCE POOL THAT WOULD PROVIDE ADDITIONAL CONSERVATION EASEMENT DEFENSE AND FEE- OWNED PROPERTY DEFENSE SUPPORT. ITS ENDOWMENT CONSISTS OF DONOR-RESTRICTED AND BOARD-DESIGNATED ENDOWMENT FUNDS. SCHEDULE D, PAGE 3, PART X THE TRUST, A NOT-FOR-PROFIT TRUST, IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT TO THE EXTENT OF TAXES ON UNRELATED BUSINESS INCOME. THE TRUST FOLLOWS THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAX REQUIREMENTS OF THE INCOME TAX TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION. MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS AND DETERMINED NO INCOME TAX EFFECTS WITH RESPECT TO THE FINANCIAL STATEMENTS. THE TRUST'S FEDERAL INCOME TAX RETURNS OPEN BY STATUTE AND ARE SUBJECT TO EXAMINATION BY THE TAX AUTHORITIES. THE TRUST HAS NOT BEEN NOTIFIED OF ANY IMPENDING EXAMINATIONS BY THE TAX AUTHORIRIES, AND NO EXAMINATIONS ARE IN PROCESS. X 1 20124 X 4 5654 false true true SCHEDULE M, PAGE 1, PART I, LINE 32B DONATIONS OF SECURITIES ARE IMMEDIATELY LIQUIDATED BY THE ORGANIZATION'S THIRD PARTY BANKING INSTITUTION WITH THE PROCEEDS THEN CREDITED THE ORGANIZATION'S ACCOUNT. FORM 990, PAGE 2, PART III, LINE 4B LAND CONSERVATION AND MANAGEMENT: PROPERTY MANAGEMENT PLANS FOR FEE-OWNED PROPERTIES INCLUDE IDENTIFICATION OF NATIVE AND NON-NATIVE SPECIES FOUND ON THE PROPERTIES, CONTROL OF INVASIVE SPECIES, AND UNIQUE MANAGEMENT REQUIREMENTS NECESSARY FOR THE PROTECTION OF ENDANGERED, THREATENED, AND SPECIES OF SPECIAL CONCERN. REDUCTION OF INVASIVE SPECIES WILL ALLOW FOR THE REESTABLISHMENT OF A MORE RESILIENT NATIVE ECOSYSTEM. IN 2023, APPROXIMATELY 15,000 HOURS OF ACTIVE LAND MANAGEMENT OCCURRED ON THE TRUST'S FEE-OWNED PROPERTIES, WITH A FOCUS ON HABITAT RESTORATION AND IMPROVEMENT. MANAGEMENT TECHNIQUES AND ACTIVITIES INCLUDED PRESCRIBED FIRE, TIMBER STAND IMPROVEMENT AND CANOPY REDUCTION, MECHANICAL REMOVAL OF INVASIVE SPECIES, NATIVE SEED HARVESTING AND SEED SPREADING, AND NATIVE SHRUB AND TREE PLANTING. FORM 990, PART VI LINE 7A - MEMBERS OF THE BOARD OF DIRECTORS RECOMMENDS NOMINEES FOR BOARD SERVICE. MEMBERS OF THE BOARD ARE ELECTED AT AN ANNUAL MEMBER MEETING. FORM 990, PAGE 6, PART VI, LINE 7A THE ORGANIZATION HAS MEMBERS WHO HAVE THE POWER TO ELECT OR APPOINT MEMBERS OF THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 11B THE GOVERNANCE AND AUDIT COMMITTEE, A BOARD COMMITTEE, AS WELL AS THE TREASURER REVIEW THE FORM 990 DRAFT, WITH FORGE FINANCIAL (THE PREPARER) AND THEN THE BOARD OF DIRECTORS APPROVES. FORM 990, PAGE 6, PART VI, LINE 12C THE POLICY IS SIGNED ANNUALLY AND PROCEDURES ARE FOLLOWED. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS DETERMINES THIS PROCESS AND AMOUNT FOR THE EXECUTIVE DIRECTOR. FORM 990, PAGE 6, PART VI, LINE 15B THE EXECUTIVE DIRECTOR REVIEWS PERFORMANCE AND RECOMMENDS COMPENSATION FOR KEY EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S OFFICE.