2025-08-25T10:46:51-05:00 2024-12-31 561607661 LOWDERMILK CHURCH & CO LLP 121 NORTH STERLING STREET MORGANTON NC 28655 990 2024-01-01 561947390 FOOTHILLS CONSERVANCY OF NORTH CAROLINA INC FOOT 8284379930 POST OFFICE BOX 3023 MORGANTON NC 286803023 ANDREW KOTA EXECUTIVE DIRECTOR 8284379930 2025-08-21 1 0 PHILLIP E CHURCH P00092400 8284331226 2024 2025-03-06 01:10:19Z ANDREW KOTA 204 AVERY AVE MORGANTON NC 28655 10430838 0 X WWW.FOOTHILLSCONSERVANCY.ORG X 1995 NC A REGIONAL LAND TRUST DEDICATED TO PRESERVING AND PROTECTING IMPORTANT NATURAL RESOURCES OF THE FOOTHILLS REGION. 17 17 10 352 12654 0 4543255 9626304 0 0 518446 6104 166941 307664 5228642 9940072 0 0 0 0 868453 1022335 0 0 148226 1025279 3535055 1893732 4557390 3334910 5382682 41560573 45234297 3639262 1416464 37921311 43817833 X DEDICATED TO WORKING COOPERATIVELY WITH LANDOWNERS AND PUBLIC AND PRIVATE CONSERVATION PARTNERS TO PRESERVE AND PROTECT IMPORTANT NATURAL AREAS AND OPEN SPACES OF THE BLUE RIDGE FOOTHILLS REGION, INCLUDING WATERSHEDS, ENVIRONMENTALLY SIGNIFICANT HABITATS, FORESTS AND FARMLAND, FOR THIS AND FUTURE GENERATIONS. THE CONSERVANCY SERVES EIGHT COUNTIES: ALEXANDER, BURKE, CALDWELL, CATAWBA, CLEVELAND, LINCOLN, MCDOWELL AND RUTHERFORD. 0 0 4112709 TO WORK COOPERATIVELY WITH LANDOWNERS AND PUBLIC AND PRIVATE CONSERVATION PARTNERS TO PRESERVE AND PROTECT IMPORTANT NATURAL AREAS AND OPEN SPACES OF THE FOOTHILLS REGION 4112709 1 1 0 1 0 0 1 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 1 30 0 1 10 1 0 0 0 0 0 1 1 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X THE ORGANIZATION 8284379930 204 AVERY AVE MORGANTON NC 28655 JEFF MACKINNEY CHAIR 2.00 X X 0 0 0 MEG NEALON VICE-CHAIR 2.00 X X 0 0 0 SALLIE CRAIG TREASURER 2.00 X X 0 0 0 JIM GOLDSMITH SECRETARY 2.00 X X 0 0 0 FRANCISCO RISSO BOARD MEMBER 2.00 X 0 0 0 CHRISTOPHER AIKEN BOARD MEMBER 2.00 X 0 0 0 JENNIFER CALDWELL BILLSTROM BOARD MEMBER 2.00 X 0 0 0 NELL BOVENDER BOARD MEMBER 2.00 X 0 0 0 ALLEN FULLWOOD BOARD MEMBER 2.00 X 0 0 0 KELLY HAWKINS BOARD MEMBER 2.00 X 0 0 0 PHETOUDONE NIVANH BOARD MEMBER 2.00 X 0 0 0 SUSAN POWERS BOARD MEMBER 2.00 X 0 0 0 JERRY STENSLAND BOARD MEMBER 2.00 X 0 0 0 MARTHA WHITFIELD BOARD MEMBER 2.00 X 0 0 0 ANN COSTELLO BOARD MEMBER 2.00 X 0 0 0 JIM SAIN BOARD MEMBER 2.00 X 0 0 0 ALISHA STAMEY BOARD MEMBER 2.00 X 0 0 0 ANDREW KOTA EXECUTIVE DIRECTOR 40.00 X 147867 0 0 THOMAS B KENNEY LAND PROTECTION DIRECTOR 40.00 X 109938 0 0 257805 0 0 2 0 0 0 0 4676503 4949801 2684347 9626304 110444 110444 15500 0 15500 15500 15500 31354 291890 0 427584 31354 -135694 -104340 -104340 342692 63182 279510 279510 FISCAL SPONSORSHIP 561000 12654 12654 12654 9940072 6104 12654 295010 257805 180463 51561 25781 567944 397561 113589 56794 49474 34632 9895 4947 81621 57135 16324 8162 65491 45844 13098 6549 19869 13908 3974 1987 34838 34838 22880 16016 4576 2288 6289 4403 1257 629 8740 6118 1748 874 19413 13589 3883 1941 42900 42900 126446 88512 25289 12645 21669 15168 4334 2167 CONSERVATION 2990757 2990757 DUES & SUBSCRIPTIONS 56499 39549 11300 5650 BANK SERVICE CHARGES AN 51583 36108 10317 5158 EVENTS/GRAPHIC DESIGN/M 31978 23114 5909 2955 101194 72094 19401 9699 4557390 4112709 296455 148226 6331826 2473396 15000 324600 8216 6804 34466330 302806 28201202 34163524 6363003 8265973 641326 0 41560573 45234297 99302 116464 1300000 1300000 2239960 0 3639262 1416464 X 34945015 41664780 2976296 2153053 37921311 43817833 41560573 45234297 5382682 513840 0 X X 0 1 X 1 0 X 6952496 6575944 7171410 4297255 9626304 34623409 6952496 6575944 7171410 4297255 9626304 34623409 34623409 132842 283149 -305740 102043 125944 338238 11321 12654 23975 34985622 18216 0.98960 0.98890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 0 0 0 0 PART II-B, LINE 1: ORGANIZATIONAL STAFF ASSOCIATED WITH THE ORGANIZATION COMMUNICATED WITH LEGISLATORS/GOVERNMENT OFFICIALS IN SUPPORT OF STATE AND FEDERAL CONSERVATION PROGRAMS AND FUNDING. X X 38 5505.76 1 1 230.00 20257 4061894 196000 462883 34227 4686550 3251981 332490 506181 28758 4061894 3890489 81048 -559524 133000 27032 3251981 3476474 93510 439731 90806 28420 3890489 2172697 1079362 288345 45314 18616 3476474 0.19700 0.00400 0.79900 1 0 32392528 32392528 788115 102798 685317 427796 151937 275859 857891 48071 809820 34163524 INVESTMENTS 8265973 F 8265973 X 10705083 513840 513840 10191243 -251171 -251171 9940072 4808560 0 4808560 -251170 -251170 4557390 PART II, LINE 9: THE CONSERVANCY ACQUIRES EASEMENTS THROUGH BOTH GRANTS AND PURCHASE. THE ACQUISITION OF EASEMENTS ESTABLISHES A FIDUCIARY RESPONSIBILITY FOR THE CONSERVANCY AND NO RECORDING OF AN ASSET OR LIABILITY IS REQUIRED. PART V, LINE 4: THE ORGANIZATION INTENDS TO UTILIZE THE ENDOWMENT FUNDS TO FURTHER THE ORGANIZATION'S MISSION OF LAND PRESERVATION. PART X, LINE 2: FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAX POSITIONS. BASED ON AN EVALUATION OF UNCERTAIN TAX POSITIONS, MANAGEMENT IS REQUIRED TO MEASURE POTENTIAL TAX LIABILITIES THAT COULD HAVE A RISK OF GREATER THAN A 50% LIKELIHOOD OF BEING REALIZED UPON SETTLEMENT. AS OF DECEMBER 31, 2024, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO SUCH RISK AND THEREFORE NO LIABILITIES HAVE BEEN RECORDED FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: EVENT EXPENSE -63,183. BELOW BOOK LAND SALES -187,988. PART XII, LINE 4B - OTHER ADJUSTMENTS: BELOW BOOK LAND SALES -187,988. EVENT EXPENSE -63,183. ROUNDING 1. SWEET LUCY'S AFFAIR 157630 157630 30974 SUMMER APPEAL 2024 143427 143427 1755 2 41635 41635 30453 342692 342692 63182 63182 279510 TIMOTHY SWEENEY GRANTOR 95000 RE-GRANT - CATAWBA RIVER MCDOWELL 0 X 2 8562 FAIR MARKET VALUE X 5 2672810 FAIR MARKET VALUE 4 0 1 0 SCHEDULE M, LINE 14 1) DONATION OF FEE-SIMPLE TITLE OF 3 PARCELS OF UNDEVELOPED RAW LAND (JOE MOUNTAIN PRESERVE)CONSISTING OF 85.597 +/- ACRES WITHIN THE TOWNSHIP OF SUGAR LOAF LOCATED IN ALEXANDER COUNTY, NC, FOR PERMANANENT CONSERVATION. 2) DONATION OF FEE-SIMPLE TITLE OF UNDEVELOPED RAW LAND (MTN PARK AVENUE) CONSISTING OF 1.235 +/- ACRES IN BURKE COUNTY. 3) DONATION OF EASEMENT - 9 PARCELS(GEORGE DALY) OF WOODED, CONTIGUOUS LAND IN BURKE COUNTY CONSISTING OF 27.242 ACRES. 4) BARGAIN PURCHASE PORTION OF EASEMENT (KUDZUCOW)IN RUTHERFORD COUNTY. 5) BARGAIN PURCHASE PORTION OF FEE-SIMPLE TITLE OF UNDEVELOPED RAW LAND (JOHNS RIVERS HEADWATERS)IN BLOWING ROCK GLOBE AREA CONSISTING OF 325.8 +/- ACRES IN CALDWELL COUNTY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO EACH BOARD MEMBER AT A BOARD MEETING AND REVIEWED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEETINGS ARE HELD FOUR TIMES EACH YEAR. ANY MEMBER WITH A CONFLICT OF INTEREST IS REQUIRED TO DISCLOSE AT THE MEETING. FORM 990, PART VI, SECTION B, LINE 15 PERFORMANCE REVIEW IS DONE BY THE BOARD CHAIRPERSON WHO RECOMMENDS TO THE BOARD OF DIRECTORS THE PROPOSED COMPENSATION. THE BOARD OF DIRECTORS VOTES TO APPROVE OR DISAPPROVE THE COMPENSATION RECOMMENDATION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ONLINE AT GUIDESTAR. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE IS PRIMARILY RESPONSIBLE FOR PROVIDING FINANCIAL OVERSIGHT FOR THE ORGANIZATION, INCLUDING ANNUAL BUDGETING AND SHORT AND LONG TERM FINANCIAL PLANNING, FINANCIAL REPORTING, AND THE CREATION AND MONITORING OF INTERNAL CONTROLS AND ACCOUNTABILITY POLICIES.