2024-11-13T08:18:50-06:00 2023-12-31 351178661 BLUE & CO LLC 2650 EASTPOINT PKWY SUITE 300 LOUISVILLE KY 40223 990 2023-01-01 611196368 LOUISVILLE OLMSTED PARKS CONSERVANCY IN LOUI 5024568125 1299 TREVILIAN WAY LOUISVILLE KY 40213 MARY JO DAVIS CPA FINANCE DIRECTOR 5024568125 2024-11-13 1 1 GREG JACKSON CPA P00077314 5029923500 2024-11-08 2023 2024-10-15 13:58:12Z LAYLA K GEORGE 1299 TREVILIAN WAY LOUISVILLE KY 40213 5684956 0 X WWW.OLMSTEDPARKS.ORG X 1989 KY RESTORING, ENHANCING AND FOREVER PROTECTING LOUISVILLE'S OLMSTED-DESIGNED PARKS AND PARKWAYS. 24 24 18 606 0 0 2325188 2524122 0 0 28936 132385 12384 17581 2366508 2674088 0 480049 0 0 1102751 1183265 0 0 196619 1059630 1244021 2162381 2907335 204127 -233247 10069448 7468243 192086 714086 9877362 6754157 RESTORING, ENHANCING AND FOREVER PROTECTING LOUISVILLE'S OLMSTED-DESIGNED PARKS AND PARKWAYS, CONNECTING NATURE AND NEIGHBORHOOD WHILE STRENGTHENING THE COMMUNITY'S WELL-BEING. 0 0 1972085 480049 THE CONSERVANCY RAISES FUNDS EACH YEAR FOR MAJOR DEVELOPMENT PROJECTS TO ENHANCE OUR PARKS. FUNDS RAISED HAVE BEEN USED TO REFURBISH HOGAN'S FOUNTAIN AND SURROUNDING AREA IN CHEROKEE PARK. WE COMPLETED A NEW PLAYGROUND/SPRAYGROUND IN CENTRAL PARK. WE CONTINUED OUR TRAIL RESTORATION WORK IN IROQUOIS, SENECA AND CHEROKEE PARKS. WE BEGAN WORK ON RENOVATIONS IN ELLIOTT PARK. THESE FUNDS ARE ALSO USED FOR CAPACITY BUILDING THROUGH CONTINUING OUR TEAM FOR HEALTHY PARKS CREW WORK IN ECOLOGICAL RESTORATION, WOODLANDS MANAGEMENT AND HORTICULTURE. 197145 THE CONSERVANCY WORKS TO CONNECT NEIGHBORS AND COMMUNITIES TO OUR PARKS THROUGH SPECIAL EVENTS AND A PARK STEWARD PROGRAM OF VOLUNTEERS TO HELP MAINTAIN THE GREENSPACE AND WOODLANDS. 97647 THROUGH ADVERTISING, SOCIAL MEDIA AND OUR ANNUAL REPORT, THE CONSERVANCY WORKS TO KEEP THE COMMUNITY INFORMED OF CHANGES TO OUR PARKS SUCH AS ROAD CLOSURES IN CHEROKEE PARK, NATURAL SURFACES TRAIL WORK IN IROQUOIS AND SENECA, MAJOR RENOVATION AND REVITALIZATION PROJECTS IN ELLIOTT, CENTRAL, BEARGRASS PRESERVE, HOGAN'S FOUNTAIN AND GAULBERT PAVILION. WE ALSO SHARE INFORMATION ON HOW WE ARE BEING GOOD STEWARDS OF THE FUNDS CONTRIBUTED FOR PARK ENGAGEMENT AND ON-GOING RESTORATION. 2266877 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 1 0 0 0 1 0 0 0 0 1 16 0 1 18 1 0 0 0 0 0 0 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 0 0 KY X LAYLA K GEORGE 5024568125 1299 TREVILIAN WAY LOUISVILLE KY 40213 SUMMER AUERBACH TRUSTEE, CHAIR 0.10 X X 0 0 0 GWEN TILTON TRUSTEE, VICE CHAIR 0.10 X X 0 0 0 FAITH CRUMP TRUSTEE, TREASURER 0.10 X X 0 0 0 EARL F JONES TRUSTEE, SECRETARY 0.10 X X 0 0 0 NUBIA BENNETT TRUSTEE 0.10 X 0 0 0 JERRY BROWN TRUSTEE 0.10 X 0 0 0 NANCY D BUSH TRUSTEE 0.10 X 0 0 0 ROBERT M CONROY TRUSTEE 0.10 X 0 0 0 WENDE COSBY TRUSTEE 0.10 X 0 0 0 SHIREEN DEOBHAKTA TRUSTEE 0.10 X 0 0 0 DAVID DUNN TRUSTEE 0.10 X 0 0 0 RON GEOGHEGAN TRUSTEE 0.10 X 0 0 0 JOHN V HAYES TRUSTEE 0.10 X 0 0 0 CHRISTI LANIER-ROBINSON TRUSTEE 0.10 X 0 0 0 HOLLI HIGHFIELD LEWIS TRUSTEE 0.10 X 0 0 0 CONOR O'DRISCOLL TRUSTEE 0.10 X 0 0 0 SCOTT OSBOURNE TRUSTEE 0.10 X 0 0 0 MICHAEL PITT TRUSTEE 0.10 X 0 0 0 ANUJ RASTOGI TRUSTEE 0.10 X 0 0 0 OLIVER ROE TRUSTEE 0.10 X 0 0 0 BAILEY ROESE TRUSTEE 0.10 X 0 0 0 CHARLES W SCHNATTER TRUSTEE 0.10 X 0 0 0 ROB TOWNSEND TRUSTEE 0.10 X 0 0 0 IFY WHITFILL TRUSTEE 0.10 X 0 0 0 LAYLA K GEORGE PRESIDENT/CEO 40.00 X 185750 0 9570 ROBERT M WALTMAN PROJECT DIRECTOR 40.00 X 104097 0 6199 289847 0 15769 2 0 1 0 EZ CONSTRUCTION COMPANY INC 7420 DISTRIBUTION DRIVE LOUISVILLE KY 40233 CONSTRUCTION CONTRACTOR 227970 COMPLETE DEMOLITION SERVICES LLC 1943 SOUTH 16TH STREET LOUISVILLE KY 40210 BUILDING DEMOLITION 170820 2 284000 2240122 362605 2524122 129192 129192 3014061 3010868 3193 3193 3193 OTHER INCOME 900099 17581 17581 17581 2674088 17581 0 132385 480049 480049 195320 97660 78128 19532 816203 526027 198118 92058 12126 2559 9567 83984 61703 11934 10347 75632 46205 19809 9618 24000 24000 4759 4759 270749 246017 18629 6103 16549 6188 308 10053 149918 105074 13514 31330 53084 34425 15659 3000 23151 21027 1003 1121 9496 3331 5428 737 73840 57391 13077 3372 43948 31308 12640 PARK IMPROVEMENTS 424853 424853 MISCELLANEOUS 62340 44910 17266 164 MEMORIALS 46391 46391 REPAIRS AND MAINTENANCE 31924 31759 165 9019 9019 2907335 2266877 443839 196619 109548 434957 373621 59827 961180 799197 23537 32989 6123 103500 2116556 466512 4722648 1650044 3825836 4339835 46955 47894 10069448 7468243 192086 714086 192086 714086 X 7274618 4445588 2602744 2308569 9877362 6754157 10069448 7468243 -233247 255042 -3145000 0 X X 0 1 X 1 0 X 1178479 2511715 10735852 2255188 2524122 19205356 1178479 2511715 10735852 2255188 2524122 19205356 8321504 10883852 75937 47974 39464 67069 129192 359636 21777 17816 4608 14834 17581 76616 19641608 0.55410 0.50230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1547750 255684 1803434 1903625 -355875 1547750 1674606 229019 1903625 1473901 200705 1674606 1228057 245844 1473901 1.00000 1 0 1396396 1396396 222370 180103 42267 186510 97802 88708 311280 188607 122673 1650044 X 2924371 255042 255042 2669329 4759 4759 2674088 2902576 0 2902576 4759 4759 2907335 PART V, LINE 4: THE ENDOWMENT FUND SUPPORTS PROGRAMS OF THE CONSERVANCY. PART X, LINE 2: LOUISVILLE OLMSTED PARKS CONSERVANCY, INC. AND SUBSIDIARY IS A CHARITABLE, NONPROFIT ORGANIZATION AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CONSERVANCY AND RECOGNIZE A TAX LIABILITY IF THE CONSERVANCY HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CONSERVANCY, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY. 1 LOUISVILLE PARKS AND RECREATION 170(C) 480049 0 PARK IMPROVEMENTS PART I, LINE 2: GRANT FUNDS ARE ISSUED ON A COST REIMBURSEMENT BASIS. X X 0 0 0 0 0 0 0 0 0 LAYLA K GEORGE PRESIDENT/CEO 178500 0 7250 0 0 0 3570 0 6000 0 195320 0 0 0 DAVID DUNN BOARD MEMBER 56975 PROVIDES INSURANCE COVERAGE 0 X 10 325200 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE BEFORE FILING. A COPY OF FORM 990 WILL BE PROVIDED TO THE ENTIRE GOVERNING BODY PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY. IF ANY CONFLICTS ARE NOTED ON THE FORM, THE FORMS ARE REVIEWED BY THE EXECUTIVE COMMITTEE AND POTENTIAL CONFLICTS ARE SUBJECT TO BOARD APPROVAL. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE CEO/PRESIDENT IS REVIEWED BY THE EXECUTIVE COMMITTEE. THE ORGANIZATON UTILIZES THE SERVICES OF A HUMAN RESOURCES CONSULTANT, ANNUALLY, IN DETERMINING SALARIES. THE HR CONSULTANT PROVIDES SALARY GUIDELINES BASED ON SURVEYS, 990'S, AND OTHER COMPARABILITY DATA. THE BOARD APPROVES ANY SALARY INCREASE. THERE ARE NO OFFICERS WHO RECEIVE COMPENSATION OTHER THAN THE PRESIDENT/CEO. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS USED TO OVERSEE THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. THE ORGANIZATION MAINTAINS A FINANCE COMMITTEE COMPRISED OF DIRECTORS AND AD HOC MEMBERS WHO SELECT THE INDEPENDENT ACCOUNTANT. THE COMMITTEE MEETS WITH THE INDEPENDENT AUDITOR AT THE CONCLUSION OF THE ANNUAL AUDIT. BEARGRASS VALLEY LLC 1299 TREVILIAN WAY LOUISVILLE KY 40213 872470892 LAND OWNERSHIP KY 0 1396396 LOUISVILLE OLMSTED PARKS CONSERVANCY INC