Natural Lands Trust Incorporated

“Peter o. Hausmann (chairperson/trustee) is the uncle of ann c. Hausmann (vp of development and communications)”

“The form 990 is prepared by the vice president of finance and reviewed by outside independent firm. Before being filed, the return is then subsequently reviewed by the organizations finance committee (board committee). Once accepted by the finance committee the form is distributed to the full board of directors. Once approved by the board, the document is signed by the ceo and filed.”

“Officers, trustees and key employees are required to sign a statement annually acknowledging that they will comply with natural lands trust's conflict of interest policy. The statement affirms that an interested person has a duty to disclose the possible existence of a financial interest to the executive committee of the board. After full disclosure of the financial interest and after discussion with the interested person, the executive committee will determine whether a conflict of interest exists. If a conflict of interest may exist: a. A disinterested person or committee shall investigate alternatives to the proposed transactions or arrangements. B. It shall be determined if with reasonable effort a more advantageous transaction or arrangement will not give rise to a conflict of interest. C. If a more advantageous transaction or arrangement is not reasonably possible, the executive committee shall determine whether the transaction or arrangement is in natural lands trust's best interest and for its own benefit, and whether it is fair and reasonable to natural lands trust. The committee shall then make a decision as to whether to enter into the transaction or arrangement in conformity with such other natural lands trust requirements or board approval as may be appropriate. Violations of the conflict of interest policy a. If any trustee, officer, member of a committee with board-delegated powers or other employee of natural lands trust has reasonable cause to believe that any interested person has failed to disclose any actual or possible conflict of interest, he or she shall report this information to the chair of the executive committee, who shall inform any such person of the basis for such belief and afford such person and opportunity to explain the alleged failure to disclose. B. If, after hearing such person's response and after making such further investigation as may be warranted by the circumstances, the chair of the executive committee determines that such person has failed to disclose an actual or possible conflict of interest, the matter shall be brought to the attention of the executive committee, which shall take appropriate disciplinary and correction action, or which shall refer the matter to the board for appropriate disciplinary and correction action. Records of proceedings all deliberations of the executive committee must be in writing.”

“While natural lands trust focuses on comparable nonprofit organizations in our area to benchmark pay, we understand that the market for exeutive talent may be broader than this group. Therefore, market information from additional market segments, private foundations, and published not-for-profit compensation may be used as a supplement. Nlt will also secure outside studies exclusively designed to review not-for-profit executive compensation and periodically utilize the assistance of an outside compensation consultant. In addition to all relevant market information, nlt takes into consideration the following criteria: - years of experience in the field - years in the position - achievement of the organization's strategic objectives - organizational operating budget, and the overall economic climate - cost of all other benefits being offered data from these various elements are used to form a "market composite" to assess the competitiveness of nlt's compensation. Annually, the chairperson of the board reviews the data and evaluates the performance of the president to determine appropriate compensation. The compensation is subject to approval by the executive committee. The compensation of the president is made available to all trustees upon request.”

“All documents are made available by request. The organization's form 990 is also made available on the www.guidestar.org website.”

“Natural lands is a non-profit organization that saves open space, cares for nature, and connects people to the outdoors in eastern pennsylvania and southern new jersey. We've been at it since the early 1950s and, today, more than 2.5 million people live within five miles of lands under our permanent protection.”

“70.45% of the total contributions received by natural lands trust are applied to land acquisition and other capital related projects. Only the remaining 29.55% ($4,057,352) is available to help underwrite annual conservation programs and general operating expenses.”

“Natural lands trust is a non-profit land conservation organization dedicated to protecting the forests, fields, streams and wetlands that are essential to the sustainability of life in eastern pennsylvania and southern new jersey. We apply a comprehensive approach to conservation that includes permanently protecting natural areas; providing leadership in natural resource management; and creating opportunities for people to connect with and learn from nature.”

“Gain/loss on mellon trust -235,459.”

“This process has not changed from the prior year.”