2025-02-25T16:57:26-06:00 2024-06-30 881478669 CBIZ ADVISORS LLC 53 STATE STREET BOSTON MA 02109 990 2023-07-01 046049963 SUDBURY VALLEY TRUSTEES INC SUDB 9784435588 18 WOLBACH ROAD SUDBURY MA 01776 LISA SCHIMMEL TREASURER 9784435588 2025-02-14 1 1 DOUGLAS FARRINGTON P00370668 6178075000 2025-02-14 2023 2025-03-06 01:10:19Z PAUL BAKSTRAN 18 WOLBACH ROAD SUDBURY MA 01776 2099805 0 X WWW.SVTWEB.ORG X 1953 MA LAND/RIVER PROTECTION, STEWARDSHIP, AND EDUCATION/ADVOCACY 15 15 18 153 0 0 2463760 1360654 11002 8266 479296 594647 41354 32182 2995412 1995749 345000 0 0 0 1130244 1313457 0 0 243877 1134703 571795 2609947 1885252 385465 110497 31448979 33755485 116280 744151 31332699 33011334 X SUDBURY VALLEY TRUSTEES, INC. ("THE ORGANIZATION") WORKS TO PROTECT NATURAL AREAS AND FARMLAND FOR WILDLIFE AND PEOPLE IN THE 36 COMMUNITIES THAT SURROUND THE SUDBURY, ASSABET, AND CONCORD RIVERS. THE ORGANIZATION CARES FOR SOME OF THE REGION'S MOST IMPORTANT FORESTS, WETLANDS, AND GRASSLANDS NATURAL AREAS THAT SUPPORT WILDLIFE HABITAT, WORKING FARMS, AND RECREATIONAL TRAILS. THE ORGANIZATION CURRENTLY OWNS 2,434 ACRES ON 94 PROPERTIES AND HOLDS CONSERVATION EASEMENTS (KNOWN AS CONSERVATION RESTRICTMENTS IN MASSACHUSETTS) ON 98 ADDITIONAL LANDS THAT SPAN 3,332 ACRES. THE ORGANIZATION HAS ALSO HELPED TO PROTECT MORE THAN 70 MILES OF TRAILS. 0 0 377742 0 AS A REGIONAL NONPROFIT LAND TRUST, THE ORGANIZATION COLLABORATES WITH INDIVIDUAL LANDOWNERS, LOCAL LAND TRUSTS, AND MUNICIPAL, STATE, AND FEDERAL AGENCIES TO PROTECT LAND FOR WILDLIFE HABITAT, PASSIVE RECREATION, AGRICULTURE, AND FORESTRY. IN SOME CASES, THE ORGANIZATION ACQUIRES PROPERTY TO OWN AND MANAGE AS A RESERVATION, AND IN OTHER CASES THE ORGANIZATION MONITORS CONSERVATION LAND OWNED BY OTHERS. IN EITHER SITUATION, THE ORGANIZATION ENSURES THAT NO UNAPPROVED DEVELOPMENT OR OTHER ACTIVITY TAKES PLACE ON THE LAND. 632452 THE STEWARDSHIP PROGRAM IS RESPONSIBLE FOR THE MANAGEMENT OF THE RESERVATIONS THAT THE ORGANIZATION OWNS AND FOR THE MONITORING AND OVERSIGHT OF CONSERVATION RESTRICTIONS. THE STEWARDSHIP PROGRAM INCLUDES ECOSYSTEM AND HABITAT PROTECTION, MAINTENANCE OF VIEWS, ACCESS, AND TRAILS, PROTECTION OF THE LEGACY OF THE PROPERTIES, AND COORDINATION OF THE STEWARDSHIP VOLUNTEERS. 231379 8266 THE ORGANIZATION PARTNERS WITH MUNICIPAL BOARDS AND COMMITTEES, LOCAL LAND TRUSTS, AND STATE AND FEDERAL AGENCIES TO SUPPORT ONE ANOTHER'S CONSERVATION GOALS AND TO POOL RESOURCES TO ENABLE CONSERVATION. IN ADDITION, THE ORGANIZATION WORKS WITH LANDOWNERS WHO ARE INTERESTED IN MAKING LONG-TERM CONSERVATION PLANS FOR THEIR LAND AND PARTICIPATES IN NON-PARTISAN WORK TO ADVOCATE FOR POLICIES AND FUNDING THAT DIRECTLY ADVANCE THE LAND PROTECTION AND STEWARDSHIP OF NATURAL AREAS AROUND THE SUDBURY, ASSABET, AND CONCORD RIVERS, AS WELL AS IN MASSACHUSETTS IN GENERAL. 1241573 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 27 0 1 18 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X THE ORGANIZATION 9784435588 18 WOLBACH ROAD SUDBURY MA 01776 COLIN ANDERSON DIRECTOR 1.00 X 0 0 0 PAUL BAKSTRAN PRESIDENT 5.00 X X 0 0 0 SHERRILL CLINE DIRECTOR 1.00 X 0 0 0 STEVE CORREIA DIRECTOR 1.00 X 0 0 0 MOLLY CUTLER VICE PRESIDENT 5.00 X X 0 0 0 REBECCA CUTTING DIRECTOR 1.00 X 0 0 0 SEAN FAIR DIRECTOR 1.00 X 0 0 0 RUTH KENNEDY SUDDUTH DIRECTOR 1.00 X 0 0 0 PETER MARTIN CLERK 5.00 X X 0 0 0 JOHN MASTROBATTISTA DIRECTOR 1.00 X 0 0 0 KARIN PAQUIN DIRECTOR 1.00 X 0 0 0 RICHARD PERKINS DIRECTOR 1.00 X 0 0 0 GREG PETERSON DIRECTOR 1.00 X 0 0 0 LISA SCHIMMEL TREASURER 5.00 X X 0 0 0 JIM VALONE DIRECTOR 1.00 X 0 0 0 LINDSEY KETCHEL STARTED 72023 INCOMING EXECUTIVE DIRECTOR 40.00 X 75081 0 1073 LISA VERNEGAARD UNTIL 823 OUTGOING EXECUTIVE DIRECTOR 40.00 X 114361 0 4609 189442 0 5682 1 0 0 0 0 128312 1232342 60317 1360654 FEES FOR SERVICES 900099 8266 8266 8266 594487 594487 41936 0 41936 41936 41936 60476 60316 160 160 160 29090 128312 43740 -14650 -14650 OTHER INCOME 900099 4896 4896 4896 1995749 8266 0 626829 275697 179202 27569 68926 843960 631537 183535 28888 15167 11998 2690 479 87804 64324 15795 7685 90829 65851 17111 7867 14380 14380 60040 60040 79796 78118 1066 612 651 175 476 59878 22829 17235 19814 69773 19769 3403 46601 43929 10492 32183 1254 8824 7964 623 237 13959 5535 594 7830 90517 68147 14229 8141 57266 43140 8972 5154 PRINTING AND PUBLICATIO 37635 12123 132 25380 LICENSES AND FEES 13119 13 5 13101 LAND MAINTENANCE 3711 3343 368 0 18317 2633 14252 1432 1885252 1241573 399802 243877 102301 108844 4549010 1160190 91500 27624 13609 0 44020 34071 13354815 1131336 12272926 12223479 14297213 20114915 78400 86362 31448979 33755485 107592 185296 8688 558855 116280 744151 X 21324409 22121442 10008290 10889892 31332699 33011334 31448979 33755485 110497 1568138 0 X 0 1 X 1 0 X 1338767 2166450 6262093 2463760 1360654 13591724 1338767 2166450 6262093 2463760 1360654 13591724 4056279 9535445 295741 278212 346428 520812 636453 2077646 12566 5585 20733 4896 43780 15713150 56841 0.60680 0.63550 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 12,566. 2021 AMOUNT: $ 5,585. 2022 AMOUNT: $ 20,733. 2023 AMOUNT: $ 4,896. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 98 3332.00 1 1 362.00 506 1 3424046 390839 77186 3737699 3263143 237073 76170 3424046 3524833 151711 -371395 42006 3263143 2929644 28316 566873 3524833 2858127 6500 129483 64466 2929644 0.00000 0.63389 0.36611 0 0 946100 10173162 11119262 1618616 706110 912506 471332 395668 75664 145605 29558 116047 12223479 SECURITY DEPOSITS 2332 OTHER LIABILITIES 6023 DONOR REFUND LIABILITY 550500 558855 X 4261023 1568138 697137 2265275 1995748 0 1995748 2582388 697137 697137 1885251 0 1885251 PART II, LINE 5: THE POLICY REGARDING CONSERVATION EASEMENTS STATES STAFF WILL CONDUCT ANNUAL MONITORING OF CONSERVATION EASEMENTS, ENCOURAGING LANDOWNERS TO BE INVOLVED WITH THE SITE VISITS AND MAINTAINING GOOD RELATIONS WITH THEM. IN CASES OF VIOLATION, SUDBURY VALLEY TRUSTEES WILL ASSESS THE PROBLEM, WORK IN A TIMELY MANNER TO PROTECT THE VALUES OF THE CONSERVATION EASEMENT AND FIND A RESOLUTION THAT FITS THE SPECIFIC SITUATION. PART II, LINE 9: THE ORGANIZATION HAS ACQUIRED AND HOLDS A NUMBER OF CONSERVATION EASEMENTS, EACH REPRESENTING A LEGAL INTEREST IN LAND OWNED BY ANOTHER PERSON OR ENTITY. CONSERVATION EASEMENTS REPRESENT RESTRICTIONS ON THE USE, SUBDIVISION AND/OR DEVELOPMENT OF CERTAIN PARCELS. THE EASEMENTS GRANT THE ORGANIZATION THE RIGHT TO USE, CONTROL, AND/OR PROTECT LAND FOR CONSERVATION PURPOSES. BECAUSE OF THE UNIQUE NATURE OF THESE ASSETS, THE IMPRACTICALITY OF OBTAINING CONSISTENT AND RELIABLE ESTIMATES OF THE VALUES ASSOCIATED WITH THESE INTERESTS, AND CONSISTENT WITH THE PRACTICES FOLLOWED BY MANY ENVIRONMENTAL LAND TRUSTS, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE ANY AMOUNTS FOR THESE PROPERTY INTERESTS. PURCHASED EASEMENTS ARE RECOGNIZED AS A PROGRAM EXPENSE UPON ACQUISITION BASE ON THE ACQUISITION COST OF THE EASEMENT. PART V, LINE 4: INCOME FROM THE RESTRICTED ENDOWMENT IS USED PRIMARILY FOR THE STEWARDSHIP OF CONSERVATION LAND OF THE ORGANIZATION. PART X, LINE 2: BELOW IS AN EXCERPT FROM NOTE 2 TO THE FINANCIAL STATEMENTS: THE ORGANIZATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE ("IRS") AS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3), QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS, AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION. THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE ORGANIZATION ACCOUNTS FOR UNCERTAIN TAX PROVISIONS UNDER FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") 740, INCOME TAXES, WHICH PROVIDES A FRAMEWORK FOR HOW ENTITIES SHOULD RECOGNIZE, MEASURE, PRESENT, AND DISCLOSE UNCERTAIN TAX POSITIONS IN THEIR FINANCIAL STATEMENTS. THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS REVIEWED THE ORGANIZATION'S REPORTING AND BELIEVES THEY HAVE NOT TAKEN TAX POSITIONS THAT ARE MORE LIKELY THAN NOT TO BE DETERMINED TO BE INCORRECT BY THE IRS AND, THEREFORE, NO ADJUSTMENTS OR DISCLOSURES ARE REQUIRED. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS PENDING OR IN PROGRESS. ANNUAL BENEFIT 157402 128312 29090 6750 2500 27166 3400 3924 157402 128312 29090 6750 2500 27166 3400 3924 43740 -14650 X 5 60317 FMV 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS WHO VOTE TO ELECT OFFICERS AND DIRECTORS AT THE ANNUAL MEETING AND THEY VOTE ON ANY BY-LAW CHANGES. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS VOTE TO ELECT OFFICERS AND DIRECTORS AT THE ANNUAL MEETING AND THEY VOTE ON ANY BY-LAW CHANGES. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS OF THE ORGANIZATION ARE SUBJECT TO A VOTE FOR APPROVAL BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE TREASURER AND EXECUTIVE DIRECTOR WHO REVIEW IT WITH THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY EACH MEMBER OF THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICY AND DISCLOSES ANY POSSIBLE CONFLICTS OF INTEREST BY SIGNING A FORM TO THAT EFFECT. BOARD MEMBERS MUST RECUSE IF A VOTE IS TO BE TAKEN ON AN ISSUE IN WHICH THE MEMBER HAS A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE EXECUTIVE DIRECTOR IS EVALUATED ANNUALLY BASED ON ACHIEVEMENT OF GOALS AGREED UPON BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE TAKES INTO CONSIDERATION COMPENSATION PACKAGES OF EXECUTIVE DIRECTORS FOR COMPARABLE ORGANIZATIONS. THE EXECUTIVE COMMITTEE MAKES RECOMMENDATIONS TO THE BOARD OF DIRECTORS WHICH VOTES ON THE EXECUTIVE DIRECTOR'S COMPENSATION PACKAGE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST.