Cheshire Land Trust Inc

“The organization has two classes of members who elect the directors and officers each year at the annual meeting. Regular members-persons who have completed a membership application and have paid the annual dues as established by the directors. Special gift members-persons who have donated real estate rights or amounts in excess of amounts established by the bylaws. Special gift members have lifetime membership in the organization.”

“All members of the organization elect the directors and officers at the organizations annual meeting. Each member has one vote.”

“The following decision's are reserved to members: -to amend the organizations articles of incorporation -to expel members -to sell or alienate property”

“The organization's board of directors has assigned the duty of reviewing the annual 990 to its treasurer. The annual 990 is prepared by the organization's accounting firm workly closely with the treasurer. Copies of the completed return are provided to the treasurer for review. Upon approval by the treasurer, copies of the 990 are provided to all board of director members. The form 990 is then filed with the internal revenue service as required.”

“The organization adopted the conflict of interest policy to provide guidance to board members in identifying circumstances and situations that may pose a conflict of interest, in making decisions about their activities that may pose any such conflict, and in the handling of circumstances and events where a conflict may arise. The conflict of interest policy states that each director has the responsibility to disclose to the board the existence of any real or apparent conflict involving such director and any related party, to abstain from discussing any issue involving such conflict, to absent themselves from board or committee discussions on any such project or transaction involving the conflict, to abstain from voting on any such issue related to the conflict. The board of directors will review and assess the conflict of interest policy on a regular basis and notify board members of any changes and/or revisions thereto. Board members must read, sign, and retain a copy of the conflict of interest policy at the outset of their tenure with the organization and at such time as the policy or procedure is amended.”

“The organization's governing documents and annual 990 filing are available for inspection by members of the public during normal business hours. Appointments for review of these documents must be made with the organization's treasurer in advance.”

“The mission of the organization is: preservation of natural resources of the state of connecticut, including water resources, marshland, swamp, woodland, open spaces and plant and animal life therein. Preservation of unique historic and scenic sites. Promote the scientific study of and educate the public regarding local natural resources including plants, animals, birds and other wildlife. Acquire by gift, purchase or otherwise, real and personal property for the benefit of all the inhabitants of the state of connecticut for conservational, educational, scientific and recreational purposes.”

“The organizations board of directors are all non-compensated volunteers. Other volunteers help the organization maintain land under protection and assist at fundraising and other events.”

“Book / tax depreciation difference -417 increase in funds held by others 10,473 unrealized gain on investments 68,319 total 78,375”