2025-01-15T14:27:28-06:00 2024-03-31 910950793 CORDELL NEHER & COMPANY PLLC PO BOX 3068 WENATCHEE WA 988073068 990 2023-04-01 911588861 METHOW CONSERVANCY METH 5099962870 P O BOX 71 WINTHROP WA 98862 SARAH BROOKS EXECUTIVE DIRECTOR 5099962870 2025-01-15 1 0 SEAN M PATTON CPA P00461275 5096631661 2025-01-15 2023 2024-10-15 13:58:12Z SARAH BROOKS P O BOX 71 WINTHROP WA 98862 8603763 0 X WWW.METHOWCONSERVANCY.ORG X 1997 WA TO INSPIRE PEOPLE TO CARE FOR AND CONSERVE THE LAND OF THE METHOW VALLEY BY WORKING WITH WILLING PRIVATE LAND OWNERS TO CREATE CONSERVATION EASEMENTS, SUSTAINING A STEWARDSHIP PROGRAM TO CARE FOR THE LAND WE PROTECT AND BY OFFERING INFORMATION AND TANGIBLE EDUCATION PROGRAMS ABOUT LIVING THOUGHTFULLY WITH THE LAND IN THE METHOW VALLEY. 13 13 11 120 0 0 5722827 7292111 7115 9578 153106 380471 -14765 27171 5868283 7709331 6637 33541 0 0 642887 724975 0 0 139819 1646638 613846 2296162 1372362 3572121 6336969 12593613 19194192 94017 48590 12499596 19145602 X TO INSPIRE PEOPLE TO CARE FOR AND CONSERVE THE LAND OF THE METHOW VALLEY, ENSURING IT WILL REMAIN A PLACE WHERE FUTURE GENERATIONS CAN ENJOY THE RURAL CHARACTER AND NATURAL BEAUTY WE CHERISH TODAY. 0 0 573270 17084 CONTINUING CONSERVATION EASEMENT PROGRAM DEVELOPMENT AND LAND PROTECTION EFFORTS. APPROXIMATELY 6,000 PEOPLE BENEFITED AND CRITICAL WILDLIFE HABITAT, INCLUDING ENDANGERED SPECIES HABITAT PROTECTED. 137665 1000 CONTINUING ENVIRONMENTAL EDUCATION OUTREACH AND EDUCATIONAL COURSES AND PROGRAMS. APPROXIMATELY 1,300 PEOPLE BENEFITED. 90876 879 CONTINUING DEVELOPMENT OF STEWARDSHIP PROGRAM. MONITORING AND ENFORCING ALL EASEMENTS, CONSERVATION PLANNING FOR LANDOWNERS, CONSERVATION MAPPING AND RESTORATION PROJECTS. APPROXIMATELY 5,000 PEOPLE BENEFITED. 46445 14578 SUPPORTING LOCAL FARMS AND FARMERS WITH GUIDES TO LOCAL FARMS, EDUCATIONAL RESOURCES FOR FARMERS, AND SPECIFIC PROJECTS TO ENSURE AGRICULTURE HAS A HOME IN THE METHOW VALLEY. 46445 14578 848256 1 1 0 0 0 0 1 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 23 0 1 11 1 0 0 0 0 0 1 1 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SARAH BROOKS 5099962870 414 RIVERSIDE AVE WINTHROP WA 98862 BENJAMIN DRUMMOND PRESIDENT 5.00 X X 0 0 0 KRISTEN KIRKBY VICE-PRESIDENT 5.00 X X 0 0 0 JOANNE UEHARA TREASURER 5.00 X X 0 0 0 DAVID CLEMENT SECRETARY 5.00 X X 0 0 0 SAM NANEY DIRECTOR 4.00 X 0 0 0 CARRIE FINK DIRECTOR 4.00 X 0 0 0 PEGGY PORTER DIRECTOR 4.00 X 0 0 0 ASHLEY AHEARN DIRECTOR 4.00 X 0 0 0 GORDON REYNAUD DIRECTOR 4.00 X 0 0 0 KEVIN VAN BUEREN DIRECTOR 4.00 X 0 0 0 MARY JOHNSTON DIRECTOR 4.00 X 0 0 0 TIFFANY SURFACE DIRECTOR 4.00 X 0 0 0 JESSICA KELLEY TREASURER 5.00 X X 0 0 0 SARAH BROOKS EXECUTIVE DIRECTOR 40.00 X 102333 0 6140 102333 0 6140 1 0 0 0 0 20157 2425179 4846775 620132 7292111 STEWARDSHIP AND EDUCAT 611710 9578 9578 9578 276246 276246 28983 1409 27574 27574 27574 716845 280000 620132 272488 96713 7512 104225 104225 0 20157 403 -403 -403 7709331 9578 0 407642 17084 17084 16457 16457 108237 32471 37883 37883 503884 361523 102102 40259 14952 10739 3026 1187 46919 30283 10700 5936 50983 32907 11627 6449 18679 18679 23750 23750 39159 39159 114561 114561 17764 4084 13680 30657 14324 8164 8169 25149 1148 24001 44074 28983 15091 6627 5434 66 1127 59130 35645 6152 17333 64824 64824 40468 15278 25190 LAND AND CONSERVATION E 75471 75471 PROPERTY TAXES 33185 33185 BANK FEES 13789 5993 7796 DUES AND SUBSCRIPTIONS 5789 5789 770 770 1372362 848256 384287 139819 349676 2566281 3413882 1524299 1857672 354613 25691 25691 12551 10163 1672702 198604 1498666 1474098 2386880 3488551 3048595 9750496 12593613 19194192 94017 48590 94017 48590 X 8560676 16332160 3938920 2813442 12499596 19145602 12593613 19194192 6336969 309037 0 X X 0 1 X 1 1 1 X 3203452 5032914 3835452 5722828 7292111 25086757 3203452 5032914 3835452 5722828 7292111 25086757 3764903 21321854 79186 71480 72106 181638 305229 709639 25796396 101344 0.82650 0.76640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 121 10489.00 0 1 1 1276.00 38047 2386880 755853 516190 131213 39159 3488551 2678425 38050 -168766 128031 32798 2386880 2738837 26953 73606 122405 38566 2678425 2037744 24053 828490 117329 34121 2738837 2345724 210 -158809 116607 32774 2037744 0.74499 0.25502 1 0 397500 397500 944446 83151 861295 330756 115453 215303 1474098 EQUITIES HELD IN POOLED ENDOWMENT FUNDS 2155160 F FIXED INCOME HELD IN POOLED ENDOWMENT FUNDS 1218386 F CASH HELD IN POOLED ENDOWMENT FUNDS 115005 F 3488551 LAND HOLDINGS - HELD FOR CONSERVATION PURPOSES 9750496 9750496 X 7984255 309037 10746 319783 7664472 39159 5700 44859 7709331 1345761 10746 10746 1335015 39159 -1812 37347 1372362 PART II, LINE 9: ONE OF THE WAYS THE ORGANIZATION ACCOMPLISHES ITS LAND CONSERVATION OBJECTIVES IS BY PURCHASING OR ACCEPTING DONATIONS OF INTERESTS IN REAL PROPERTY. THE ORGANIZATION ACCEPTS DONATIONS OR PURCHASES CONSERVATION EASEMENTS ON QUALIFYING PROPERTIES. CONSERVATION EASEMENTS ACCEPTED OR PURCHASED BY THE ORGANIZATION ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENTS OF FINANCIAL POSITION BECAUSE THE ORGANIZATION DOES NOT HAVE FEE TITLE TO THE PROPERTIES AND THERE ARE NO EXPECTED FUTURE ECONOMIC BENEFITS. IF PURCHASED, THE COSTS OF CONSERVATION EASEMENTS ARE EXPENSED WHEN THE EASEMENTS ARE ACQUIRED AND ARE RECORDED AS DIRECT LAND PROGRAM EXPENSES ON THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. CONSERVATION EASEMENTS PURCHASED AND/OR ACCEPTED BY THE ORGANIZATION HAD FAIR MARKET VALUES, AS DETERMINED BY QUALIFIED APPRAISAL, OF $625,000 FOR THE YEAR ENDED MARCH 31, 2024. OF THE VALUES ACCEPTED, $312,500 WAS DONATED BY LANDOWNERS. CONSERVATION EASEMENTS ARE PERPETUAL AGREEMENTS BETWEEN THE ORGANIZATION AND PRIVATE LANDOWNERS THROUGH WHICH THE LANDOWNERS AGREE TO ABIDE BY CERTAIN RESTRICTIONS DESIGNED TO PRESERVE THE OPEN SPACE OR CONSERVATION VALUE OF THEIR LAND; THESE AGREEMENTS ARE BINDING ON ALL FUTURE LANDOWNERS. THE ORGANIZATION ACCEPTED 1 NEW CONSERVATION EASEMENT DURING THE FISCAL YEAR, BRINGING THE TOTAL NUMBER OF EASEMENTS IN FAVOR OF THE ORGANIZATION TO 121, PROTECTING 10,489 ACRES OF LAND AND 31 RIVERFRONT MILES. UPON ACCEPTING A CONSERVATION EASEMENT, THE ORGANIZATION ASSUMES A PERPETUAL OBLIGATION TO MONITOR, NORMALLY ON AN ANNUAL BASIS, THE AFFECTED PROPERTY TO ENSURE THAT THE LANDOWNERS COMPLY WITH THE RESTRICTIONS OF THE EASEMENT. FURTHER, THE ORGANIZATION IS PERPETUALLY OBLIGATED TO ENFORCE PROVISIONS OF THE EASEMENTS IN THE EVENT OF A VIOLATION TO THE TERMS OF THE EASEMENT. ENFORCING AN EASEMENT VIOLATION COULD INVOLVE COSTLY LEGAL OR OTHER EXPENSES. ALTHOUGH CONSERVATION EASEMENTS ARE REAL PROPERTY RIGHTS, THEY POSSESS LITTLE OR NO MARKET VALUE DUE TO A RESALE MARKET THAT IS ESSENTIALLY LIMITED TO THE OWNER OF THE FEE TITLE OF THE RESTRICTED PROPERTY. PART V, LINE 4: THE ORGANIZATION MAINTAINS TWO ENDOWMENT FUNDS. THE STEWARDSHIP FUND TOTALING $2,285,069 AT YEAR END, IS MAINTAINED TO ASSIST WITH ANNUAL COSTS OF MONITORING CONSERVATION EASEMENTS AND RUNNING THEIR STEWARDSHIP PROGRAM, AND SERVES AS A LEGAL DEFENSE FUND SHOULD THE NEED TO ENFORCE A CONSERVATION EASEMENT ARISES. THE ORGANIZATIONAL SUSTAINABILITY FUND TOTALING $1,203,482 AT YEAR END, REPRESENTS AN ENDOWMENT FUND TO HELP SUSTAIN BASIC DAILY ADMINISTRATION COSTS AND STAFFING. PART X, LINE 2: THE ORGANIZATION OPERATES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THEREFORE, NO PROVISION FOR FEDERAL INCOME TAX IS PRESENTED. THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF FASB ASC 740-10. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS REQUIRING ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THESE PROVISIONS. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL TAX AUTHORITIES FOR THE YEARS BEFORE 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES REPORT IN PART VIII -1,409. DIRECT FUNDRAISING EXPENSES REPORTED ON SCHEDULE G -403. GAIN ON SALE OF ASSET 7,512. PART XII, LINE 4B - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES REPORT IN PART VIII -1,409. DIRECT FUNDRAISING EXPENSES REPORTED ON SCHEDULE G -403. AUCTION 20157 20157 0 403 20157 20157 403 403 -403 1 OKANOGAN COUNTY 149 N 3RD AVE OKANOGAN WA 98840 GOVERNMENT 17084 0 FEDERAL GRANT MATCH 1 1 FOOD AND PRODUCE ASSISTANCE 200 14578 BOOK APPROXIMATELY 8,000 POUNDS OF LOCALLY GROWN PRODUCE IS DISTRIBUTED WEEKLY TO LOCAL RESIDENTS WHO ARE IN NEED. EDUCATIONAL SCHOLARSHIPS 2 1000 POST SECONDARY EDUCATIONAL SCHOLARSHIPS X 14 620132 FMV X 1 SEE SCH M LINE 33 2 0 1 0 SCHEDULE M, LINE 33 DUE TO THE FACT THAT CONSERVATION PURPOSES ARE ACHIEVED THROUGH THE EXTINGUISHMENT OF THE DEVELOPMENT RIGHTS ON A DONATED EASEMENT, AND THERE IS NO RESALE MARKET VALUE, THE VALUE OF THESE EASEMENTS IS SUBSEQUENTLY ZERO. THEREFORE, NO VALUE FOR THESE CONSERVATION EASEMENTS IS RECORDED AS REVENUE OR BOOKED ON THE ORGANIZATION'S BALANCE SHEET. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DEPTH BY THE MANAGEMENT STAFF. A DRAFT COPY IS THEN MADE AVAILABLE TO ALL BOARD MEMBERS AND IS REVIEWED AT A BOARD MEETING PRIOR TO BEING SIGNED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO ANY BOARD VOTE ON AN ISSUE, BOARD MEMBERS ARE EXPECTED TO COMPLY WITH THE PROVISIONS OF OUR CONFLICT OF INTEREST POLICY BY DISCLOSING ANY POTENTIAL CONFLICTS. THE BOARD THEN DISCUSSES THE SITUATION, THE INDIVIDUAL MAY BE RECUSED FROM DISCUSSION IF THIS IS APPROPRIATE, AND THE ACTIONS TAKEN ARE RECORDED IN THE BOARD MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD, ALONG WITH BUDGET CONSIDERATIONS AND COMPARABILITY WITH OTHER SIMILAR ORGANIZATIONS IN THE AREA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. SCHEDULE 990, PART XII, LINE 2C, AUDIT OVERSIGHT AND SELECTION PROCESS THERE HAS BEEN NO CHANGE TO THE OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. SCHEDULE 990, PART X, LINE 33, UNREALIZED GAINS AND LOSSES PART X, LINE 33 INCLUDES $268,532 OF UNREALIZED LOSSES IN THE CURRENT YEAR.