Lyme Land Conservation Trust Inc.

“members have the power to vote and elect directors as nominated by the board”

“members vote on director nominees and proposed changes to bylaws”

“Contemporaneous minutes of committee meetings are not formally kept, but they do report their actions back to the full board at their regularly scheduled meetings whose minutes are formally recorded.”

“A draft copy of the form 990 is distributed to the organization's executive committee for review and comment. Any suggested revisions are brought to the attention of our outside accountant by the treasurer and discussed for inclusion in the final copy before it is signed and filed.”

“The organization's board of directors adopted a policy on conflict of interest, board compensation & insider transactions on july 21, 2009. Each director and staff member has been provided a copy of the policy currently and/or at the time they join the organization. Thereafter, each year each director and staff member will be requested by the secretary to confirm in writing that he or she has reviewed and understands the policy and to report any suspected conflicts they may have for review.”

“The executive committee of the board of directors negotiated an independent contractors agreement for the executive director's position at an hourly rate, taking into consideration the individual's skills, experience and education. Comparability data was taken into account.”

“The executive committee of the board of directors negotiated an independent contractors agreement for the environmental director's position at an hourly rate, taking into consideration the individual's skills,experience and education. Comparability data was taken into account.”

“Upon request”

“Custodial account previously included in operations = -$21076”

“The entity changed its accounting method from cash to accrual during the year. No accrual adjustments were required.”