Middlebury Land Trust Inc

“The corporation has memberships. Membership entitles the member to vote for directors and receive notices and the annual financial statements.”

“Directors are elected either by the other directors or by the general membership at the annual meeting of members.”

“The membership must approve by vote for disposal of real estate.”

“After accountants prepare final draft, the treasurer, president, and finance committee review it, following which it is circulated to all directors ahead of a board meeting where it is reviewed and discussed. Following that review, if no changes are suggested and all questions are answered, form 990 is authorized by the board for filing, signed by the treasurer, and filed. If changes are suggested or questions remain unanswered, the draft document is reviewed again by the accountants and modified if appropriate. The board may have authorized for filing subject to these considerations, following which the treasurer may then sign and the form 990 filed. If the board has not authorized for filing subject to consideration of suggested modifications, the above process is repeated.”

“When actual, potential, or perceived conflicts of interest are identified, the conflicted parties do not participate in discussions of, or vote on, the matter at issue, unless asked to provide specific information. Discussion of the matter includes specific discussion of any conflicts and decisions are made regarding the matter which are deemed fair and of clear benefit to middlebury land trust, inc.”

“The aforementioned documents are made available to the public upon written request.”

“The aforementioned documents are made available to the public upon written request.”

“"the primary objective of middlebury land trust is to acquire and preserve land or conservation easements by gift or purchase to be held in perpetuity as open space in order to maintain and preserve a healthy, attractive and balanced environment for living in the town of middlebury. It thus seeks to preserve those natural areas, including forests, meadows, swamps, marshes, ponds and streams which contribute to and enhance the rural nature of the town. In this capacity it makes itself available to the town of middlebury to assist in implementing the town plan of development. Middlebury land trust is fully accredited by the land trust alliance, awarded to land trusts meeting the highest national standards of excellence" http://www.middleburylandtrust.org/faqs/index.shtml”

“Consultation fees: program service expenses 17,400. Management and general expenses 11,600. Fundraising expenses 0. Total expenses 29,000.”

“The organization has a finance committee which is responsible for the oversight of the review and the selection of an independent accountant.”