Little Forks Conservancy Inc.

“Aritcle xi was added to the bylaws in 2015: section 1. Acquisition of property for nature sanctuaries, nature preserves, and natural areas property acquired for the purpose of maintaining, and protecting nature sanctuaries, nature preserves, and natural areas in the state of michigan, that predominantly contain natural habitat for fish, wildlife, and plants, shall be held in perpetuity unless both of the following conditions are satisfied: a.that property is no longer suitable for the purposes described above; and b.the sale of the property is approved by a majority vote of the directors. Section 2. Prohibition on benefitting from sale. The corporation's officers, board members, and employees, and the family members of any such officer, board member, or employee, are hereby prohibited from benefitting from the sale of property acquired for the purposes described in section 1 of this article.”

“Upon receipt of the draft 990, an electronic copy is sent to all board members for review and comment. If corrections are needed they are made. The final draft is reviewed by the finance committee and signed by either the president or treasurer.”

“Any director, principal officer, staff member, or member of a committee with governing board delegated powers is required to comply with the conflict of interest policy. Determination of a conflict of interest is done at the governing board or committee level with any interested person removed from the discussion. Conflict disclosure statements are filed at the beginning of each year in accordance with the duty to disclose portion of the conflict of interest policy. The conservancy has not had a conflict under its policy requiring any enforcement.”

“The organization uses compensation survey or study from comparable compensation surveys or studies (michigan nonprofit association salaires survey from 2014) for similarly qualified persons in functionally comparable positions at similarly situated organizations, the consumer price index, and review and approval by the executive committee and finance committee to establish the compensation of the organization's executive director as documented in the committee minutes. Full board votes on the total budget as documented in the board minutes.”

“The conservancy includes the statement of activities in a summer newsletter which is distributed to members and key community stakeholders. The newsletter is also published on their website. All other documents are available at the conservancy's office for public view if requested. The conservancy's form 990 is posted on www.guidestar.org for registered users.”

“All lines left blank are not applicable to the organization.”

“Area, forestview natural area, szok preserve and the averill preserve. The conservancy currently maintains 32 conservation easements covering over 2,746 acres. The conservancy owns five fee simple properties totaling approximately 579 acres open to the public for low impact recreational use.”

“Subcontractor expense 42,815 0 0”

“This amount represents the increase in the value of -16,429 beneficial interest in assets held by other organizations 0 direct fundraising expenses 10,841 direct fundraising expenses -10,841 total -16,429”