2025-04-10T16:54:39-04:00 2024-09-30 205855064 JASON C KELLER CPA PLLC PO BOX 3986 WILMINGTON NC 284060986 990 2023-10-01 561791849 NORTH CAROLINA COASTAL LAND TRUST NORT 9107904524 3 PINE VALLEY DR WILMINGTON NC 28412 HARRISON MARKS EXECUTIVE DIRECTOR 9107904524 2024-04-01 false JASON C KELLER P00247140 9103955445 2025-04-10 2023 2025-03-06 01:10:19Z HARRISON MARKS 11482894 false X WWW.COASTALLANDTRUST.ORG X 1992 NC THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS ACQUIRING AND PROTECTING LANDS OF REGIONAL AND NATIONAL CONSERVATION AND/OR HISTORIC SIGNIFICANCE IN THE COASTAL PLAIN OF NORTH CAROLINA. 18 18 15 200 0 5871335 8574278 84408 185703 341934 283654 58143 49670 6355820 9093305 3566501 9558635 0 1033145 942691 0 330551 742287 737417 5341933 11238743 1013887 -2145438 60130401 58241203 1911286 839521 58219115 57401682 X THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS ACQUIRING AND PROTECTING LANDS OF REGIONAL AND NATIONAL CONSERVATION AND/OR HISTORIC SIGNIFICANCE IN THE COASTAL PLAIN OF NORTH CAROLINA. false false 10077966 9558635 LAND ACQUISITION AND COMMUNITY CONSERVATION: NORTH CAROLINA COASTAL LAND TRUST (NCCLT) COMPLETED TWO (2) NEW CONSERVATION ACQUISITIONS DURING THE FISCAL YEAR, PROTECTING 2,992 ACRES. IN ADDITION, NCCLT TRANSFERRED CONSERVATION AND/OR RESTRICTIVE EASEMENTS TO THE STATE OF NORTH CAROLINA AND/OR THE U.S.A. TO PLACE PERMANENT CONSERVATION RESTRICTIONS ON TWO (2) PROPERTIES, AND NCCLT COMPLETED TRANSFERS OF THE FOLLOWING IN FEE TITLE (I) ONE (1) PROPERTY TO THE STATE OF NORTH CAROLINA TO BE ADDED TO STATE GAME LANDS AND MANAGED BY THE NORTH CAROLINA WILDLIFE RESOURCES COMMISSION FOR PUBLIC USE; (II) THREE (3) CONTIGUOUS PROPERTIES TO CRAVEN COUNTY TO BE USED AS THE COUNTY'S SECOND PUBLIC NATURE PARK; AND (III) ONE (1) PROPERTY TO NORTH CAROLINA COASTAL FEDERATION, A NONPROFIT ORGANIZATION AND LEADER IN WETLANDS RESTORATION, FOR LONG-TERM HYDROLOGICAL AND FORESTED WETLANDS RESTORATION. HIGHLIGHTS OF THIS YEAR'S COMPLETED TRANSACTIONS AND OTHER ACTIVITIES ARE AS FOLLOWS: - IN DECEMBER 2023, NCCLT COMPLETED THE ACQUISITION OF A DONATED CONSERVATION EASEMENT ON 70.94 ACRES OF PROPERTY LOCATED NEAR THE CITY OF NEW BERN AND THE TOWN OF BRIDGETON, IN CRAVEN COUNTY. THE PROPERTY FEATURES MIXED PINE HARDWOOD UPLANDS AND COASTAL PLAIN BOTTOMLAND HARDWOODS PROVIDING A 3,000 LINEAR FEET RIPARIAN BUFFER ALONG BOTH SIDES OF MORGAN SWAMP, A TRIBUTARY OF UPPER BROAD CREEK IN THE NEUSE RIVER BASIN. THE PERMANENT PROTECTION OF THIS PROPERTY PROVIDES CONNECTIVITY TO OTHER LANDS NCCLT HOLDS UNDER CONSERVATION EASEMENT THAT BUFFER MORGAN SWAMP AND CONTRIBUTES TO THE PROTECTION OF THE WATER QUALITY OF UPPER BROAD CREEK. - ALSO IN DECEMBER 2023, NCCLT TRANSFERRED A CONSERVATION EASEMENT TO THE STATE OF NORTH CAROLINA, THROUGH THE N.C. LAND AND WATER FUND, TO PLACE PERMANENT CONSERVATION RESTRICTIONS ON 105 ACRES OF ITS BRICE'S CREEK NATURE PRESERVE, IN NEW BERN, CRAVEN COUNTY. THIS 105-ACRE TRACT IS ONE OF THREE CONTIGUOUS TRACTS PURCHASED BY NCCLT IN THREE PHASES THAT COMPRISE ITS 172-ACRE BRICE'S CREEK PRESERVE. THE BEAUTIFUL PRESERVE HOSTS A MATURE MIXED PINE-HARDWOOD UPLAND FOREST AND A DIVERSITY OF WETLANDS, INCLUDING BOTTOMLAND HARDWOODS, CYPRESS-GUM SWAMP, AND NON-RIVERINE WET HARDWOOD FOREST, ALONG MORE THAN 1.5 MILES OF BRICE'S CREEK, A SCENIC BLACKWATER TRIBUTARY OF THE NEUSE RIVER, AND AN UNNAMED TRIBUTARY. - AFTER TRANSFERRING THE CONSERVATION EASEMENT ON 105 ACRES OF ITS BRICE'S CREEK PRESERVE TO THE STATE, IN DECEMBER 2023, NCCLT TRANSFERRED THIS TRACT AND THE REMAINDER OF ITS 172-ACRE BRICE'S CREEK NATURE PRESERVE, TO CRAVEN COUNTY, WHICH PLANS TO CREATE A NEW PUBLIC NATURE PARK ON THE PROPERTY USING A 500,000 GRANT CRAVEN COUNTY RECEIVED FROM THE N.C. PARKS AND RECREATION TRUST FUND TO DEVELOP NECESSARY PARK INFRASTRUCTURE (PARKING AREA, RESTROOM, AND TRAILS). THE NEW NATURE PARK IS SLATED TO OPEN IN SPRING 2025, AND WILL BE THE COUNTY'S SECOND NATURE PARK (THE FIRST BEING THE LATHAM-WHITEHURST NATURE PARK ESTABLISHED IN 2008, WHEN NCCLT PURCHASED AND TRANSFERRED 133 ACRES ALONG UPPER BROAD CREEK TO THE COUNTY FOR USE AS A PUBLIC PARK). - IN MARCH 2024, NCCLT CLOSED ON THE PURCHASE OF THE SPENCER BAY TRACT, A 2,921-ACRE TRACT IN HYDE COUNTY, N.C. HAVING MORE THAN 50 MILES OF WATERFRONT ALONG ABEL, SPENCER, AND ROSE BAYS. THE EXCEPTIONAL PROPERTY HOSTS HIGH-QUALITY, PRISTINE COASTAL MARSH, POND PINE WOODLANDS, OAK HAMMOCKS, AND A 215-ACRE WATERFOWL IMPOUNDMENT. THE PROPERTY'S VAST EXPANSE OF COASTAL MARSH CONTRIBUTES VALUABLE NATURAL INFRASTRUCTURE BUFFERING MAINLAND AREAS FROM STORMS, HELPS SUSTAIN LOCAL FISHERIES IMPORTANT FOR THE LOCAL ECONOMY, AND PROVIDES HIGH QUALITY HABITAT FOR DIVERSE WILDLIFE. ACCORDING TO THE N.C. NATURAL HERITAGE PROGRAM (NHP), THE PROPERTY RANKS AMONG THE HIGHEST AREAS IN THE STATE FOR BIODIVERSITY AND WILDLIFE HABITAT SUPPORTING AT LEAST A DOZEN SPECIES OF WATERFOWL; A MULTITUDE OF SHOREBIRDS; AND POSSIBLY SOME FEDERALLY LISTED THREATENED SPECIES. IMMEDIATELY AFTER COMPLETING THE PURCHASE OF THE SPENCER BAY TRACT, NCCLT TRANSFERRED THE PROPERTY TO THE STATE OF NORTH CAROLINA TO BE MANAGED BY THE NORTH CAROLINA WILDLIFE RESOURCES COMMISSION (NCWRC) AS PART OF GULL ROCK GAME LAND WHERE NCWRC WILL USE ITS EXPERTISE TO MANAGE AND ENHANCE THE PROPERTY FOR BOTH GAME AND NON-GAME WILDLIFE. - IN APRIL 2024, NCCLT TRANSFERRED A RESTRICTIVE EASEMENT TO THE U.S.A., A CONSERVATION EASEMENT TO THE STATE OF NORTH CAROLINA, THROUGH THE N.C. LAND AND WATER FUND, AND A NOTICE OF GRANT REQUIREMENTS TO THE U.S.F.W.S. ON ITS 1,437-ACRE NEWPORT RIVER I TRACT, IN CARTERET COUNTY, TO PLACE PERMANENT CONSERVATION RESTRICTIONS ON THE PROPERTY. NCCLT PURCHASED THE NEWPORT RIVER I TRACT FROM WEYERHAEUSER COMPANY IN MAY 2023, AS THE FIRST OF THREE (3) CONTIGUOUS TRACTS (COLLECTIVELY CONTAINING ALMOST 3,000 ACRES) NCCLT PLANS TO PURCHASE ALONG THE NEWPORT RIVER. THIS PROPERTY IS DESIGNATED BY THE NORTH CAROLINA NHP AS A STATE SIGNIFICANT NATURAL HERITAGE SITE OF VERY HIGH ECOLOGICAL SIGNIFICANCE DUE TO THE DISCOVERY OF A RARE FOREST TYPE (COASTAL FRINGE EVERGREEN FOREST) ON THE PROPERTY. THE PROPERTY, WHICH ALSO FEATURES ESTUARINE MARSH, MANAGED LOBLOLLY PINE FOREST, AND BOTTOMLAND HARDWOODS ALONG FOUR MILES OF THE NEWPORT RIVER, PROVIDES CONNECTIVITY TO OTHER CONSERVATION LANDS IN THAT IT IS LOCATED ACROSS THE NEWPORT RIVER FROM NCCLT'S 530-ACRE NEWPORT RIVER MASHES NATURE PRESERVE AND IS ADJACENT TO A PORTION OF THE 160,000-ACRE CROATAN NATIONAL FOREST. - IMMEDIATELY FOLLOWING THE PLACEMENT OF CONSERVATION RESTRICTIONS ON THE USE OF THE PROPERTY AS DESCRIBED ABOVE, NCCLT TRANSFERRED THE 1,437-ACRE NEWPORT I TRACT, IN CARTERET COUNTY, TO THE NORTH CAROLINA COASTAL FEDERATION, INC., A NORTH CAROLINA NONPROFIT ORGANIZATION AND LEADER IN WETLANDS RESTORATION, FOR LONG-TERM HYDROLOGICAL AND FORESTED WETLANDS RESTORATION ON THE PROPERTY TO ENHANCE WATER QUALITY AND SHELLFISH HABITAT IN THE NEWPORT RIVER AND REDUCE FLOODING OF THE NEUSE RIVER ESTUARY. - NCCLT CONTINUED ITS RESTORATION ON REAVES CHAPEL, AN HISTORIC AFRICAN AMERICAN CHURCH WITHIN THE NATIONAL PARK SERVICE'S GULLAH GEECHEE CULTURAL HERITAGE CORRIDOR, PREVIOUSLY PURCHASED BY NCCLT TO PERMANENTLY PROTECT AND RESTORE THIS DETERIORATING LANDMARK. THE RESTORATION WORK, DONE IN COORDINATION WITH THE WEST BANK/CEDAR HILL FOUNDATION, IS EXPECTED TO BE COMPLETED IN EARLY 2025, WITH A DEDICATION SCHEDULED FOR MARCH 7, 2025. 405006 70465 LAND STEWARDSHIP AND MANAGEMENT: - NCCLT CONTINUED ITS ONGOING WORK TO ERADICATE INVASIVE SPECIES AT ITS 247-ACRE ISLAND CREEK NATURE PRESERVE, IN JONES COUNTY. IN FURTHERANCE OF THIS WORK, NCCLT CONTRACTED WITH WOODLAND VEGETATION MANAGEMENT, INC., A COMPANY SPECIALIZING IN INVASIVE SPECIES ERADICATION, TO CONDUCT HERBICIDE APPLICATIONS TO TREAT INVASIVE SPECIES AT ISLAND CREEK PRESERVE, AND THIS TREATMENT WAS COMPLETED ON APRIL 24, 2024. ISLAND CREEK NATURE PRESERVE LIES ADJACENT TO A PORTION OF THE CROATAN NATIONAL FOREST, AND IT IS ONE OF THE MOST BOTANICALLY RICH AREAS ON THE N.C. COAST. ERADICATION OF NON- NATIVE PLANT SPECIES IS CRITICAL TO MAINTAIN THE ECOLOGICAL INTEGRITY OF THE ISLAND CREEK NATURE PRESERVE. - NCCLT CONTRACTED WITH WRIGHT-MCKINLEY FORESTRY TO CONDUCT PRESCRIBED BURNS ON APPROXIMATELY 75 ACRES OF NATURAL AND PLANTED LONGLEAF PINE STANDS AT NCCLT'S BERN NATURE PRESERVE, IN CRAVEN COUNTY, ON MARCH 19, 2024, AND ON 89 ACRES AT NCCLT'S 177-ACRE B.W. WELLS PRESERVE, IN PENDER COUNTY, ON FEBRUARY 10, 2024. - ALL OF NCCLT PROPERTIES HELD IN FEE TITLE AND UNDER CONSERVATION EASEMENT WERE MONITORED AND POSTED BY STAFF BIOLOGISTS, INTERNS, OR CONTRACTORS, AND BOUNDARIES OF ALL NEWLY ACQUIRED PROPERTIES WERE PAINTED. 80335 CONSERVATION EDUCATION: NCCLT HOSTED A SERIES OF EDUCATIONAL OUTREACH AND SPECIAL EVENTS THROUGHOUT THE STATE'S COAST, OR ENTERED INTO AGREEMENTS TO EXPAND ENVIRONMENTAL EDUCATION OPPORTUNITIES INCLUDING THE FOLLOWING: - NCCLT CONTINUES TO PARTNER WITH CAMP ALBEMARLE, WHICH HAS PROVIDED CHILDREN'S SUMMER CAMPS AND PROGRAMS FOR MORE THAN 70 YEARS, TO EXPAND CHILDREN'S ACCESS TO NATURE ON NCCLT'S 367+ ACRE GALES CREEK PRESERVE NEAR THE TOWN OF NEWPORT, IN CARTERET COUNTY, WHICH FEATURES OPEN, PARK-LIKE STANDS OF LONGLEAF PINE AND MATURE MIXED PINE HARDWOOD FOREST ALONG MORE THAN A MILE OF FRONTAGE ON GALES CREEK, A TIDAL CREEK THAT FLOWS TO BOGUE SOUND. CAMP ALBEMARLE IS ALLOWED TO USE GALES CREEK PRESERVE FOR ITS CAMPER AND NATURE STUDY PROGRAMS. THIS MUTUALLY BENEFICIAL PARTNERSHIP PROVIDES GREATER RECREATION AND ENVIRONMENTAL EDUCATION OPPORTUNITIES FOR CHILDREN; - NCCLT PARTNERED TO HOST THE "FIRE IN THE PINES" FESTIVAL, AN EDUCATIONAL FESTIVAL DEDICATED TO RAISING POSITIVE AWARENESS ABOUT CONTROLLED BURNING IN THE LONGLEAF PINE ECOSYSTEM, AND HOSTED "FIRE IN THE PINES" SCHOOL EVENTS IN NEW HANOVER COUNTY, N.C.; - NCCLT HOSTED A "TRICK OR TREAT ON THE TRAILS" EVENT AND A "LOVE YOUR LAND" HIKE AT NCCLT'S EVERETT CREEK PRESERVE, IN ONSLOW COUNTY, N.C.; - NCCLT HOSTED "POLLINATOR PALOOZA", A FREE COMMUNITY ENVIRONMENTAL EDUCATION EVENT HIGHLIGHTING THE IMPORTANCE OF POLLINATORS IN NATURE AND FOOD SUPPLY AND PROVIDING MATERIALS AND GUIDANCE ON CREATING SMALL POLLINATOR GARDENS, IN CONJUNCTION WITH THE N.C. SCIENCE FESTIVAL; - AMERICORPS SERVICE MEMBERS HOSTED BY NCCLT VISITED ELEMENTARY CLASSROOMS IN NORTH CAROLINA COASTAL COUNTIES AND CONDUCTED AFTER SCHOOL AND SUMMER CAMP ENVIRONMENTAL EDUCATIONAL PROGRAMS; - NCCLT HOSTED MONTHLY TRAIL VOLUNTEER OPPORTUNITIES ON SEVERAL OF ITS NATURE PRESERVES; - NCCLT HOSTED ITS 14TH ANNUAL FLYTRAP FROLIC ON JUNE 1, 2024, AT THE STANLEY REHDER CARNIVOROUS PLANT GARDEN, WHICH IS PERMANENTLY PROTECTED UNDER A CONSERVATION EASEMENT HELD BY NCCLT. THE FREE COMMUNITY ENVIRONMENTAL EDUCATION EVENT HIGHLIGHTS NATIVE CARNIVOROUS PLANTS THAT THRIVE IN SOUTHEASTERN N.C., WAS HELD IN CONJUNCTION WITH THE N.C. SCIENCE FESTIVAL; AND - NCCLT REGULARLY COMMUNICATES EDUCATIONAL AND VOLUNTEER EVENTS AND FEATURES PROFILES OF ITS CONSERVATION WORK, INCLUDING THE IMPORTANCE OF PRESERVATION ACTIVITIES, IN ITS ELECTRONIC AND NEWSLETTER COMMUNICATIONS AND ON ITS REGULARLY MAINTAINED AND UPDATED WEBSITE. 10563307 true true false false false false true false false true true false false false true false true false false false false false false false true false false true false false false false false false false false false false true false false false false false false false false true 5 0 true 15 true false false false false false false false false false false false false false false X 18 18 false false false false true true false true true false false true true true true true true true true false X JENNA MAY 9107904524 3 PINE VALLEY DR WILMINGTON NC 28412 HARRISON MARKS EXECUTIVE DI 40.00 X 115042 0 0 BOB EMORY PRESIDENT 1.00 X X 0 0 0 MERRIE JO ALCOKE VICE PRESIDE 1.00 X X 0 0 0 HANNAH HOLT VP/SECRETARY 1.00 X X 0 0 0 NICK PARKER TREASURER 1.00 X X 0 0 0 HAL KITCHIN DIRECTOR 1.00 X 0 0 0 LAURIE MCCOMAS KING DIRECTOR 1.00 X 0 0 0 BERNEST HEWETT DIRECTOR 1.00 X 0 0 0 STAN RIGGS DIRECTOR 1.00 X 0 0 0 ANNE SIMPSON DIRECTOR 1.00 X 0 0 0 YOSHI NEWMAN DIRECTOR 1.00 X 0 0 0 MARY TILLERY DIRECTOR 1.00 X 0 0 0 M CHAD PEARSON DIRECTOR 1.00 X 0 0 0 LORRIE BASNIGHT DIRECTOR 1.00 X 0 0 0 KEN HINES DIRECTOR 1.00 X 0 0 0 BRIAN RUBINO DIRECTOR 1.00 X 0 0 0 PAM WATKINS DIRECTOR 1.00 X 0 0 0 BILL RICH DIRECTOR 1.00 X 0 0 0 CHERYL SMITH DIRECTOR 1.00 X 0 0 0 115042 1 false false false 146825 5510667 2916786 49609 8574278 EASEMENT AMENDMENTS 115238 115238 STEWARDSHIP & CONSERV. FEES 70465 70465 185703 383496 383496 69394 69394 69394 69394 1225663 1000000 1325505 1000000 -99842 -99842 -99842 146825 64084 -64084 LICENSE PLATE REVENUE 40420 40420 MISCELLANEOUS 3940 3940 44360 9093305 85861 497250 9558635 9558635 120000 66000 24000 30000 649026 356965 129804 162257 16164 8890 3233 4041 97814 53799 19561 24454 59687 32828 11937 14922 21000 21000 165074 55634 86879 22561 11931 11931 30984 17041 6197 7746 10404 5722 2081 2601 74573 41015 14915 18643 37735 20755 7546 9434 6353 3494 1271 1588 19502 19502 19141 10527 3829 4785 37014 20359 7401 9254 LAND ACQUISITION EXPENSES 182038 182038 LAND STEWARDSHIP EXPENSES 67799 67799 SUPPLIES 22476 18399 1812 2265 EDUCATIONAL SERVICES 16777 16777 14616 7128 3419 4069 11238743 10563307 344885 330551 312037 1636904 417299 484633 447453 577749 5786 672 25335 31070 45000427 145383 51180844 44855044 7501391 10352233 240256 302898 60130401 58241203 67182 169520 482700 1615015 229089 187301 1911286 839521 X 53838620 49903952 4380495 7497730 58219115 57401682 60130401 58241203 X -2145438 1325505 2500 X false true X true true true X 5144878 11468856 6515401 5871335 8574278 37574748 5144878 11468856 6515401 5871335 8574278 37574748 7125079 30449669 214712 201530 393023 435231 452890 1697386 30580 40570 37945 40826 44360 194281 39466415 859365 0.77150 0.76520 X PART II, LINE 10 MISCELLANEOUS 149,921 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 133 36053.55 2 1 true 4160.00 405006 7118016 119150 1518189 274289 34079 8446991 6385651 327091 709883 274290 30319 7118016 6171185 1404170 -1160007 29697 6385651 2811570 2933205 561424 114261 20753 6171185 2521484 161677 224971 79886 16676 2811570 0.52020 0.39130 0.08850 false false 43841189 43841189 948537 480 948057 48249 28259 19990 136118 92189 43929 26334 24455 1879 44855044 LEASE LIABILITY (OFFICE LEASE 187301 187301 10451313 1325505 2500 64084 1392089 9059224 34081 34081 9093305 11268746 64084 64084 11204662 34081 34081 11238743 SCHEDULE D, PAGE 1, PART II, LINE 5 EASEMENTS MONITORED IN ACCORDANCE WITH WRITTEN POLICY. SCHEDULE D, PAGE 1, PART II, LINE 9 CONSERVATION EASEMENTS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS AS EITHER ASSETS OR LIABILITIES. THE ACQUISITION COSTS AND OTHER COSTS ASSOCIATED WITH CONSERVATION EASEMENTS ARE EXPENSED IN THE PERIOD INCURRED. SCHEDULE D, PAGE 4, PART XI, LINE 2D SPECIAL EVENTS EXPENSES NOT NETTED WITH REVENUES IN F/S 64,084 SCHEDULE D, PAGE 4, PART XII, LINE 2D SPECIAL EVENTS EXPENSES INCLUDED IN EXPENSES ON F/S 64,084 SCHEDULE D, PAGE 4, PART XIII DURING THE 10/1/23 - 9/30/24 FISCAL YEAR THERE WERE THE FOLLOWING CONSERVATION EASEMENT AMENDMENTS OR MODIFICATIONS: (1) DUPONT TRACT CONSERVATION EASEMENT (BRUNSWICK AND PENDER COUNTIES) - NCCLT JOINED IN THE CONVEYANCE OF A DEED OF UTILITY EASEMENT TO LOWER CAPE FEAR WATER AND SEWER AUTHORITY IN LIEU OF CONDEMNATION. THE UTILITY EASEMENT IMPACTS 30.74 ACRES OF THE DUPONT TRACT THAT IS SUBJECT TO A CONSERVATION EASEMENT NOW HELD BY NCCLT. THE MAJORITY OF THE IMPACTED ACREAGE WAS SUBJECT TO UTILITY AND/OR RAILWAY EASEMENTS AT THE TIME THE CONSERVATION EASEMENT WAS ASSIGNED TO NCCLT BY THE CONSERVATION FUND ON OCTOBER 7, 2002. ALTHOUGH THERE WAS NO CONDEMNATION, NCCLT WAS COMPENSATED BY LOWER CAPE FEAR WATER AND SEWER AUTHORITY IN THE SAME MANNER AND IN ACCORDANCE WITH THE FORMULA SET OUT IN THE CONSERVATION EASEMENT AS IF THE IMPACTED ACREAGE HAD BEEN CONDEMNED FOR PUBLIC USE. THE PROCEEDS WERE DIVIDED BETWEEN THE OWNER OF THE DUPONT TRACT AND NCCLT IN ACCORDANCE WITH THE PROPORTIONATE VALUE OF THEIR RESPECTIVE INTERESTS, WITH NCCLT HAVING BEEN ENTITLED TO A PORTION OF THE PROCEEDS AT LEAST EQUAL TO THE PROPORTIONATE VALUE OF THE CONSERVATION EASEMENT. THE CONSERVATION EASEMENT VALUE IS EQUAL TO THE PROPORTIONATE VALUE THAT THE CONSERVATION EASEMENT BEARS TO THE VALUE OF THE PROPERTY AS A WHOLE, WHICH PROPORTIONATE VALUE REMAINS CONSTANT PER THE TERMS OF THE CONSERVATION EASEMENT. THE VALUES OF THE CONSERVATION EASEMENT AND THE PROPERTY AS A WHOLE ARE BASED ON THE APPRAISAL COMPLETED AT THE TIME THE CONSERVATION EASEMENT WAS DONATED TO THE CONSERVATION FUND. (2) PLEASANT OAKS II CONSERVATION EASEMENT TRACT, BRUNSWICK COUNTY - NCCLT JOINED IN THE EXECUTION OF A TEMPORARY CONSTRUCTION EASEMENT TO THE NORTH CAROLINA DEPARTMENT OF TRANSPORTATION IMPACTING TWO AREAS OF THE PLEASANT OAKS II PROPERTY (COLLECTIVELY CONTAINING 0.155 ACRE) TO SUBORDINATE ITS CONSERVATION EASEMENT INTEREST (AS TO THE IMPACTED ACREAGE) TO THE TEMPORARY CONSTRUCTION EASEMENT. NCCLT JOINED IN SIGNING THE TEMPORARY EASEMENT TO SUBORDINATE ITS CONSERVATION EASEMENT INTEREST (AS TO THE IMPACTED ACREAGE) TO THE TEMPORARY EASEMENT. NCCLT'S PROPORTIONATE INTEREST IN THE CONSERVATION EASEMENT PROPERTY IS 23.7% BASED ON THE PROPORTIONATE VALUE OF ITS CONSERVATION EASEMENT INTEREST AS OF THE DATE OF THE RESTATED AND AMENDED CONSERVATION EASEMENT FOR THIS PROPERTY (TOGETHER WITH THE ADJOINING PLEASANT OAKS I AND III TRACTS). THE TEMPORARY EASEMENT WAS DATED MAY 21, 2024, AND RECORDED ON JUNE 14, 2024 SPECIAL EVENTS 146825 146825 64084 146825 146825 64084 64084 -64084 true STATE OF NORTH CAROLINA 1321 MAIL SERVICE CENTER RALEIGH NC 27699 561611588 GOV 3638104 COST LAND CONSERVATION CRAVEN COUNTY 406 CRAVEN STREET NEW BERN NC 28560 GOV 1959000 COST LAND CONSERVATION NC COASTAL FEDERATION 3609 HWY 24 NEWPORT NC 28570 581494098 3840000 COST LAND CONSERVATION DUCKS UNLIMITED INC ONE WATERFOWL WAY MEMPHIS TN 38120 135643799 112246 CONSERVATION NATIONAL AUDUBON SOCIETY INC 225 VARICK STREET 7TH FLOOR NEW YORK NY 10014 9285 SCHEDULE I, PAGE 1, PART I, LINE 2 GRANTS MADE TO OTHER ENTITIES ARE MONITORED TO ENSURE CONSERVATION AND PRESERVATION GOALS ARE MET. X 5 49609 PUBLICLY TRADED VALUE false true false FORM 990, PAGE 2, PART III, LINE 4A LAND ACQUISITION AND COMMUNITY CONSERVATION: NORTH CAROLINA COASTAL LAND TRUST (NCCLT) COMPLETED TWO (2) NEW CONSERVATION ACQUISITIONS DURING THE FISCAL YEAR, PROTECTING 2,992 ACRES. IN ADDITION, NCCLT TRANSFERRED CONSERVATION AND/OR RESTRICTIVE EASEMENTS TO THE STATE OF NORTH CAROLINA AND/OR THE U.S.A. TO PLACE PERMANENT CONSERVATION RESTRICTIONS ON TWO (2) PROPERTIES, AND NCCLT COMPLETED TRANSFERS OF THE FOLLOWING IN FEE TITLE (I) ONE (1) PROPERTY TO THE STATE OF NORTH CAROLINA TO BE ADDED TO STATE GAME LANDS AND MANAGED BY THE NORTH CAROLINA WILDLIFE RESOURCES COMMISSION FOR PUBLIC USE; (II) THREE (3) CONTIGUOUS PROPERTIES TO CRAVEN COUNTY TO BE USED AS THE COUNTY'S SECOND PUBLIC NATURE PARK; AND (III) ONE (1) PROPERTY TO NORTH CAROLINA COASTAL FEDERATION, A NONPROFIT ORGANIZATION AND LEADER IN WETLANDS RESTORATION, FOR LONG-TERM HYDROLOGICAL AND FORESTED WETLANDS RESTORATION. HIGHLIGHTS OF THIS YEAR'S COMPLETED TRANSACTIONS AND OTHER ACTIVITIES ARE AS FOLLOWS: - IN DECEMBER 2023, NCCLT COMPLETED THE ACQUISITION OF A DONATED CONSERVATION EASEMENT ON 70.94 ACRES OF PROPERTY LOCATED NEAR THE CITY OF NEW BERN AND THE TOWN OF BRIDGETON, IN CRAVEN COUNTY. THE PROPERTY FEATURES MIXED PINE HARDWOOD UPLANDS AND COASTAL PLAIN BOTTOMLAND HARDWOODS PROVIDING A 3,000 LINEAR FEET RIPARIAN BUFFER ALONG BOTH SIDES OF MORGAN SWAMP, A TRIBUTARY OF UPPER BROAD CREEK IN THE NEUSE RIVER BASIN. THE PERMANENT PROTECTION OF THIS PROPERTY PROVIDES CONNECTIVITY TO OTHER LANDS NCCLT HOLDS UNDER CONSERVATION EASEMENT THAT BUFFER MORGAN SWAMP AND CONTRIBUTES TO THE PROTECTION OF THE WATER QUALITY OF UPPER BROAD CREEK. - ALSO IN DECEMBER 2023, NCCLT TRANSFERRED A CONSERVATION EASEMENT TO THE STATE OF NORTH CAROLINA, THROUGH THE N.C. LAND AND WATER FUND, TO PLACE PERMANENT CONSERVATION RESTRICTIONS ON 105 ACRES OF ITS BRICE'S CREEK NATURE PRESERVE, IN NEW BERN, CRAVEN COUNTY. THIS 105-ACRE TRACT IS ONE OF THREE CONTIGUOUS TRACTS PURCHASED BY NCCLT IN THREE PHASES THAT COMPRISE ITS 172-ACRE BRICE'S CREEK PRESERVE. THE BEAUTIFUL PRESERVE HOSTS A MATURE MIXED PINE-HARDWOOD UPLAND FOREST AND A DIVERSITY OF WETLANDS, INCLUDING BOTTOMLAND HARDWOODS, CYPRESS-GUM SWAMP, AND NON-RIVERINE WET HARDWOOD FOREST, ALONG MORE THAN 1.5 MILES OF BRICE'S CREEK, A SCENIC BLACKWATER TRIBUTARY OF THE NEUSE RIVER, AND AN UNNAMED TRIBUTARY. - AFTER TRANSFERRING THE CONSERVATION EASEMENT ON 105 ACRES OF ITS BRICE'S CREEK PRESERVE TO THE STATE, IN DECEMBER 2023, NCCLT TRANSFERRED THIS TRACT AND THE REMAINDER OF ITS 172-ACRE BRICE'S CREEK NATURE PRESERVE, TO CRAVEN COUNTY, WHICH PLANS TO CREATE A NEW PUBLIC NATURE PARK ON THE PROPERTY USING A 500,000 GRANT CRAVEN COUNTY RECEIVED FROM THE N.C. PARKS AND RECREATION TRUST FUND TO DEVELOP NECESSARY PARK INFRASTRUCTURE (PARKING AREA, RESTROOM, AND TRAILS). THE NEW NATURE PARK IS SLATED TO OPEN IN SPRING 2025, AND WILL BE THE COUNTY'S SECOND NATURE PARK (THE FIRST BEING THE LATHAM-WHITEHURST NATURE PARK ESTABLISHED IN 2008, WHEN NCCLT PURCHASED AND TRANSFERRED 133 ACRES ALONG UPPER BROAD CREEK TO THE COUNTY FOR USE AS A PUBLIC PARK). - IN MARCH 2024, NCCLT CLOSED ON THE PURCHASE OF THE SPENCER BAY TRACT, A 2,921-ACRE TRACT IN HYDE COUNTY, N.C. HAVING MORE THAN 50 MILES OF WATERFRONT ALONG ABEL, SPENCER, AND ROSE BAYS. THE EXCEPTIONAL PROPERTY HOSTS HIGH-QUALITY, PRISTINE COASTAL MARSH, POND PINE WOODLANDS, OAK HAMMOCKS, AND A 215-ACRE WATERFOWL IMPOUNDMENT. THE PROPERTY'S VAST EXPANSE OF COASTAL MARSH CONTRIBUTES VALUABLE NATURAL INFRASTRUCTURE BUFFERING MAINLAND AREAS FROM STORMS, HELPS SUSTAIN LOCAL FISHERIES IMPORTANT FOR THE LOCAL ECONOMY, AND PROVIDES HIGH QUALITY HABITAT FOR DIVERSE WILDLIFE. ACCORDING TO THE N.C. NATURAL HERITAGE PROGRAM (NHP), THE PROPERTY RANKS AMONG THE HIGHEST AREAS IN THE STATE FOR BIODIVERSITY AND WILDLIFE HABITAT SUPPORTING AT LEAST A DOZEN SPECIES OF WATERFOWL; A MULTITUDE OF SHOREBIRDS; AND POSSIBLY SOME FEDERALLY LISTED THREATENED SPECIES. IMMEDIATELY AFTER COMPLETING THE PURCHASE OF THE SPENCER BAY TRACT, NCCLT TRANSFERRED THE PROPERTY TO THE STATE OF NORTH CAROLINA TO BE MANAGED BY THE NORTH CAROLINA WILDLIFE RESOURCES COMMISSION (NCWRC) AS PART OF GULL ROCK GAME LAND WHERE NCWRC WILL USE ITS EXPERTISE TO MANAGE AND ENHANCE THE PROPERTY FOR BOTH GAME AND NON-GAME WILDLIFE. - IN APRIL 2024, NCCLT TRANSFERRED A RESTRICTIVE EASEMENT TO THE U.S.A., A CONSERVATION EASEMENT TO THE STATE OF NORTH CAROLINA, THROUGH THE N.C. LAND AND WATER FUND, AND A NOTICE OF GRANT REQUIREMENTS TO THE U.S.F.W.S. ON ITS 1,437-ACRE NEWPORT RIVER I TRACT, IN CARTERET COUNTY, TO PLACE PERMANENT CONSERVATION RESTRICTIONS ON THE PROPERTY. NCCLT PURCHASED THE NEWPORT RIVER I TRACT FROM WEYERHAEUSER COMPANY IN MAY 2023, AS THE FIRST OF THREE (3) CONTIGUOUS TRACTS (COLLECTIVELY CONTAINING ALMOST 3,000 ACRES) NCCLT PLANS TO PURCHASE ALONG THE NEWPORT RIVER. THIS PROPERTY IS DESIGNATED BY THE NORTH CAROLINA NHP AS A STATE SIGNIFICANT NATURAL HERITAGE SITE OF VERY HIGH ECOLOGICAL SIGNIFICANCE DUE TO THE DISCOVERY OF A RARE FOREST TYPE (COASTAL FRINGE EVERGREEN FOREST) ON THE PROPERTY. THE PROPERTY, WHICH ALSO FEATURES ESTUARINE MARSH, MANAGED LOBLOLLY PINE FOREST, AND BOTTOMLAND HARDWOODS ALONG FOUR MILES OF THE NEWPORT RIVER, PROVIDES CONNECTIVITY TO OTHER CONSERVATION LANDS IN THAT IT IS LOCATED ACROSS THE NEWPORT RIVER FROM NCCLT'S 530-ACRE NEWPORT RIVER MASHES NATURE PRESERVE AND IS ADJACENT TO A PORTION OF THE 160,000-ACRE CROATAN NATIONAL FOREST. - IMMEDIATELY FOLLOWING THE PLACEMENT OF CONSERVATION RESTRICTIONS ON THE USE OF THE PROPERTY AS DESCRIBED ABOVE, NCCLT TRANSFERRED THE 1,437-ACRE NEWPORT I TRACT, IN CARTERET COUNTY, TO THE NORTH CAROLINA COASTAL FEDERATION, INC., A NORTH CAROLINA NONPROFIT ORGANIZATION AND LEADER IN WETLANDS RESTORATION, FOR LONG-TERM HYDROLOGICAL AND FORESTED WETLANDS RESTORATION ON THE PROPERTY TO ENHANCE WATER QUALITY AND SHELLFISH HABITAT IN THE NEWPORT RIVER AND REDUCE FLOODING OF THE NEUSE RIVER ESTUARY. - NCCLT CONTINUED ITS RESTORATION ON REAVES CHAPEL, AN HISTORIC AFRICAN AMERICAN CHURCH WITHIN THE NATIONAL PARK SERVICE'S GULLAH GEECHEE CULTURAL HERITAGE CORRIDOR, PREVIOUSLY PURCHASED BY NCCLT TO PERMANENTLY PROTECT AND RESTORE THIS DETERIORATING LANDMARK. THE RESTORATION WORK, DONE IN COORDINATION WITH THE WEST BANK/CEDAR HILL FOUNDATION, IS EXPECTED TO BE COMPLETED IN EARLY 2025, WITH A DEDICATION SCHEDULED FOR MARCH 7, 2025. FORM 990, PAGE 2, PART III, LINE 4B LAND STEWARDSHIP AND MANAGEMENT: - NCCLT CONTINUED ITS ONGOING WORK TO ERADICATE INVASIVE SPECIES AT ITS 247-ACRE ISLAND CREEK NATURE PRESERVE, IN JONES COUNTY. IN FURTHERANCE OF THIS WORK, NCCLT CONTRACTED WITH WOODLAND VEGETATION MANAGEMENT, INC., A COMPANY SPECIALIZING IN INVASIVE SPECIES ERADICATION, TO CONDUCT HERBICIDE APPLICATIONS TO TREAT INVASIVE SPECIES AT ISLAND CREEK PRESERVE, AND THIS TREATMENT WAS COMPLETED ON APRIL 24, 2024. ISLAND CREEK NATURE PRESERVE LIES ADJACENT TO A PORTION OF THE CROATAN NATIONAL FOREST, AND IT IS ONE OF THE MOST BOTANICALLY RICH AREAS ON THE N.C. COAST. ERADICATION OF NON- NATIVE PLANT SPECIES IS CRITICAL TO MAINTAIN THE ECOLOGICAL INTEGRITY OF THE ISLAND CREEK NATURE PRESERVE. - NCCLT CONTRACTED WITH WRIGHT-MCKINLEY FORESTRY TO CONDUCT PRESCRIBED BURNS ON APPROXIMATELY 75 ACRES OF NATURAL AND PLANTED LONGLEAF PINE STANDS AT NCCLT'S BERN NATURE PRESERVE, IN CRAVEN COUNTY, ON MARCH 19, 2024, AND ON 89 ACRES AT NCCLT'S 177-ACRE B.W. WELLS PRESERVE, IN PENDER COUNTY, ON FEBRUARY 10, 2024. - ALL OF NCCLT PROPERTIES HELD IN FEE TITLE AND UNDER CONSERVATION EASEMENT WERE MONITORED AND POSTED BY STAFF BIOLOGISTS, INTERNS, OR CONTRACTORS, AND BOUNDARIES OF ALL NEWLY ACQUIRED PROPERTIES WERE PAINTED. FORM 990, PAGE 2, PART III, LINE 4C CONSERVATION EDUCATION: NCCLT HOSTED A SERIES OF EDUCATIONAL OUTREACH AND SPECIAL EVENTS THROUGHOUT THE STATE'S COAST, OR ENTERED INTO AGREEMENTS TO EXPAND ENVIRONMENTAL EDUCATION OPPORTUNITIES INCLUDING THE FOLLOWING: - NCCLT CONTINUES TO PARTNER WITH CAMP ALBEMARLE, WHICH HAS PROVIDED CHILDREN'S SUMMER CAMPS AND PROGRAMS FOR MORE THAN 70 YEARS, TO EXPAND CHILDREN'S ACCESS TO NATURE ON NCCLT'S 367+ ACRE GALES CREEK PRESERVE NEAR THE TOWN OF NEWPORT, IN CARTERET COUNTY, WHICH FEATURES OPEN, PARK-LIKE STANDS OF LONGLEAF PINE AND MATURE MIXED PINE HARDWOOD FOREST ALONG MORE THAN A MILE OF FRONTAGE ON GALES CREEK, A TIDAL CREEK THAT FLOWS TO BOGUE SOUND. CAMP ALBEMARLE IS ALLOWED TO USE GALES CREEK PRESERVE FOR ITS CAMPER AND NATURE STUDY PROGRAMS. THIS MUTUALLY BENEFICIAL PARTNERSHIP PROVIDES GREATER RECREATION AND ENVIRONMENTAL EDUCATION OPPORTUNITIES FOR CHILDREN; - NCCLT PARTNERED TO HOST THE "FIRE IN THE PINES" FESTIVAL, AN EDUCATIONAL FESTIVAL DEDICATED TO RAISING POSITIVE AWARENESS ABOUT CONTROLLED BURNING IN THE LONGLEAF PINE ECOSYSTEM, AND HOSTED "FIRE IN THE PINES" SCHOOL EVENTS IN NEW HANOVER COUNTY, N.C.; - NCCLT HOSTED A "TRICK OR TREAT ON THE TRAILS" EVENT AND A "LOVE YOUR LAND" HIKE AT NCCLT'S EVERETT CREEK PRESERVE, IN ONSLOW COUNTY, N.C.; - NCCLT HOSTED "POLLINATOR PALOOZA", A FREE COMMUNITY ENVIRONMENTAL EDUCATION EVENT HIGHLIGHTING THE IMPORTANCE OF POLLINATORS IN NATURE AND FOOD SUPPLY AND PROVIDING MATERIALS AND GUIDANCE ON CREATING SMALL POLLINATOR GARDENS, IN CONJUNCTION WITH THE N.C. SCIENCE FESTIVAL; - AMERICORPS SERVICE MEMBERS HOSTED BY NCCLT VISITED ELEMENTARY CLASSROOMS IN NORTH CAROLINA COASTAL COUNTIES AND CONDUCTED AFTER SCHOOL AND SUMMER CAMP ENVIRONMENTAL EDUCATIONAL PROGRAMS; - NCCLT HOSTED MONTHLY TRAIL VOLUNTEER OPPORTUNITIES ON SEVERAL OF ITS NATURE PRESERVES; - NCCLT HOSTED ITS 14TH ANNUAL FLYTRAP FROLIC ON JUNE 1, 2024, AT THE STANLEY REHDER CARNIVOROUS PLANT GARDEN, WHICH IS PERMANENTLY PROTECTED UNDER A CONSERVATION EASEMENT HELD BY NCCLT. THE FREE COMMUNITY ENVIRONMENTAL EDUCATION EVENT HIGHLIGHTS NATIVE CARNIVOROUS PLANTS THAT THRIVE IN SOUTHEASTERN N.C., WAS HELD IN CONJUNCTION WITH THE N.C. SCIENCE FESTIVAL; AND - NCCLT REGULARLY COMMUNICATES EDUCATIONAL AND VOLUNTEER EVENTS AND FEATURES PROFILES OF ITS CONSERVATION WORK, INCLUDING THE IMPORTANCE OF PRESERVATION ACTIVITIES, IN ITS ELECTRONIC AND NEWSLETTER COMMUNICATIONS AND ON ITS REGULARLY MAINTAINED AND UPDATED WEBSITE. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS WHO PAY DUES. THERE ARE NO SHAREHOLDERS. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS ARE INVITED TO AN ANNUAL MEETING DURING WHICH THEY MAY VOTE ON THE ELECTION OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B ELECTRONIC COPY OF FORM 990 DISTRIBUTED TO BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ON AT LEAST AN ANNUAL BASIS THE ORGANIZATION MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. ANYONE FOUND NOT IN COMPLIANCE MUST COMPLY OR RISK LOSING HIS/HER POSITION. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTOR'S EXECUTIVE COMMITTEE ANNUALLY REVIEWS THE PERFORMANCE OF THE EXECUTIVE DIRECTOR AND DETERMINES THE DIRECTOR'S COMPENSATION. SALARIES ARE ALSO COMPARED TO EXTERNAL BENCHMARKS TO ENSURE THEY ARE WITHIN MARKET RANGES FORM 990, PAGE 6, PART VI, LINE 15B OTHER EMPLOYEE SALARIES ARE REVIEWED AS PART OF THE BUDGET PREPARATION AND APPROVAL PROCESS. SALARIES ARE ALSO COMPARED TO EXTERNAL BENCHMARKS TO ENSURE THEY ARE WITHIN MARKET RANGES. FORM 990, PAGE 6, PART VI, LINE 19 FORM 1023 AND FORM 990 ARE MADE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST DURING REGULAR BUSINESS HOURS. FORM 990, PART XI, LINE 9 SPECIAL EVENTS EXPENSES NOT NETTED WITH REVENUES IN F/S 64,084 SPECIAL EVENTS EXPENSES INCLUDED IN EXPENSES ON F/S -64,084