Civic Intelligence

Belwin Conservancy

990 • Fiscal year 2022 • EIN 41-0967891

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 19, 2023

1553 Stagecoach Trail SouthAfton, MN 55001

(651) 436-5189

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

41st percentile

0.11x

Higher debt load relative to assets than 41% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

74th percentile

0.70x

Higher debt load relative to revenue than 74% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

76th percentile

25%

Higher net margin than 76% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

25th percentile

$109,201

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

60th percentile

4.2%

Faster asset growth than 60% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

86th percentile

52%

Faster revenue growth than 86% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$14,536,037

Up $587,995 (+4.2%) from 2021

Net Assets

Up

$12,940,351

Up $577,070 (+4.7%) from 2021

Liabilities

Up

$1,595,686

Up $10,925 (+0.7%) from 2021

Revenue

Up

$2,283,679

Up $777,187 (+52%) from 2021

Expenses

Up

$1,706,609

Up $344,374 (+25%) from 2021

Net Income

Up

$577,070

Up $432,813 (+300%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2012: $12,188,189Liabilities 2012: $1,581,448Net Assets 2012: $10,606,7412012Assets 2013: $12,271,571Liabilities 2013: $1,577,642Net Assets 2013: $10,693,9292013Assets 2014: $12,257,445Liabilities 2014: $1,550,574Net Assets 2014: $10,706,8712014Assets 2015: $12,257,725Liabilities 2015: $1,583,093Net Assets 2015: $10,674,6322015Assets 2016: $12,238,493Liabilities 2016: $1,581,440Net Assets 2016: $10,657,0532016Assets 2017: $12,751,731Liabilities 2017: $1,606,353Net Assets 2017: $11,145,3782017Assets 2018: $12,554,368Liabilities 2018: $1,598,230Net Assets 2018: $10,956,1382018Assets 2019: $12,941,345Liabilities 2019: $1,600,173Net Assets 2019: $11,341,1722019Assets 2020: $13,829,997Liabilities 2020: $1,610,973Net Assets 2020: $12,219,0242020Assets 2021: $13,948,042Liabilities 2021: $1,584,761Net Assets 2021: $12,363,2812021Assets 2022: $14,536,037Liabilities 2022: $1,595,686Net Assets 2022: $12,940,3512022Assets 2023: $17,429,654Liabilities 2023: $1,870,351Net Assets 2023: $15,559,3032023Assets 2024: $21,424,276Liabilities 2024: $3,308,645Net Assets 2024: $18,115,6312024

Highlighted filing

2022

Assets$14,536,037
Liabilities$1,595,686
Net Assets$12,940,351

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $1,110,941Expenses 2012: $1,370,953Net Income 2012: -$260,0122012Revenue 2013: $741,189Expenses 2013: $654,004Net Income 2013: $87,1852013Revenue 2014: $776,223Expenses 2014: $763,285Net Income 2014: $12,9382014Revenue 2015: $755,247Expenses 2015: $787,486Net Income 2015: -$32,2392015Revenue 2016: $892,900Expenses 2016: $910,479Net Income 2016: -$17,5792016Revenue 2017: $1,384,171Expenses 2017: $895,846Net Income 2017: $488,3252017Revenue 2018: $753,413Expenses 2018: $1,041,262Net Income 2018: -$287,8492018Revenue 2019: $1,301,255Expenses 2019: $1,102,888Net Income 2019: $198,3672019Revenue 2020: $2,221,564Expenses 2020: $1,343,712Net Income 2020: $877,8522020Revenue 2021: $1,506,492Expenses 2021: $1,362,235Net Income 2021: $144,2572021Revenue 2022: $2,283,679Expenses 2022: $1,706,609Net Income 2022: $577,0702022Revenue 2023: $4,335,084Expenses 2023: $1,716,132Net Income 2023: $2,618,9522023Revenue 2024: $4,443,127Expenses 2024: $1,886,799Net Income 2024: $2,556,3282024

Highlighted filing

2022

Revenue$2,283,679
Expenses$1,706,609
Net Income$577,070
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 19, 2023
Return Version
2022v5.0
Gross Receipts
$2,283,679
Mission and Program Overview

Mission

To inspire connection and engagement with the natural world

Dedicated to preservation, restoration and appreciation of our natural world. It owns approximately 1500 acres of land in afton, west lakeland township and lakeland, mn. Belwin comprises one of the largest privately owned natural preserves in the twin cities region with a focus on connecting people and the natural world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,720,160$11,606,529▼ $113,631
Pledges and Grants Receivable$118,157$1,856,562▲ $1,738,405
Other Notes and Loans Receivable, Net$1,513,378$0▼ $1,513,378
Cash and Non-Interest-Bearing Accounts$351,375$761,186▲ $409,811
Savings and Temporary Cash Investments$244,972$304,507▲ $59,535
Accounts Receivable-$7,253-
Total Assets$13,948,042$14,536,037▲ $587,995
Liabilities
Deferred Revenue$1,499,973$1,499,973→ $0
Accounts Payable and Accrued Expenses$84,788$95,713▲ $10,925
Total Liabilities$1,584,761$1,595,686▲ $10,925
Net Assets / Fund Balance
Net Assets With Donor Restrictions$12,235,133$12,874,966▲ $639,833
Net Assets Without Donor Restrictions$128,148$65,385▼ $62,763
Total Net Assets Fund Balance$12,363,281$12,940,351▲ $577,070
Total Liabilities and Net Assets / Fund Balance$13,948,042$14,536,037▲ $587,995

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$665,139$2,336,033-
Land$10,665,957--
Equipment$160,734$315,239-
Leasehold Improvements$114,699$990,186-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$244,972$50,000▼ $34,882-$260,090
2021$195,824-▲ $49,148-$244,972
2020$174,284-▲ $21,540-$195,824
2019$146,920-▲ $27,364-$174,284
2018$155,576-▼ $8,656-$146,920
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Katie BloomeExecutive DirectorFT$109,201$109,201

Board Members and Trustees

NameTitle
David B HartwellPresident
Douglas JohnsonVice President
Cindy GehrigDirector
Irene QualtersDirector
Jerry AllanDirector
Jessica ManivasagerDirector
Kris HansenDirector
John SatoriusSecretary
Jill KoosmannTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,072,161
Program Service Revenue
$0
Investment Income
$-34,882
Other Revenue
$246,400
All Other Contributions
$1,716,750
Change in Net Assets
$577,070
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$927,644
Salaries, Compensation, and Employee Benefits$778,965
Total Fundraising Expense$379,530
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$383,412$76,454$192,842$652,708
Fees for Services Other$87,448$71,327$57,924$216,699
Depreciation Depletion$71,662$14,788$27,300$113,750
Advertising$71,194$13,268$24,042$108,504
Other Employee Benefits$37,466$6,979$23,501$67,946
Payroll Taxes$34,871$6,648$16,792$58,311
Insurance$31,668$6,534$12,064$50,266
Information Technology$27,776$5,732$10,581$44,089
Occupancy$19,649$4,054$7,485$31,188
Office Expenses$12,273$2,532$4,675$19,480
Interest$4,622--$4,622
Other Expenses$582$3,272$721$4,575
Travel$332$1,501$423$2,256
All Other Expenses$1,956--$1,956
Total Functional Expenses$1,113,351$213,728$379,530$1,706,609
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of form 990 is reviewed by the chairman of the board and the executive director. Upon approval,the draft form 990 is emailed to the board of directors of belwin for their review and approval prior to filing form 990.

Form 990, Part VI, Section B, Line 12C

Each board member and employee shall annually review the policy and acknowledge by signature that he or she has read it and is acting in accordance with this policy.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Belwin Conservancy
EIN
41-0967891
Phone
6514365189
Address
1553 STAGECOACH TRAIL SOUTH, AFTON, MN 55001

Signing Officer

Name
David Hartwell
Title
President
Phone
9525121165
Signed
2023-10-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Hartwell
Formed
1970
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
23
Volunteers
0

Preparer

Firm
Burr Oak Group Inc
Address
3001 BROADWAY STREET NE STE 640, MINNEAPOLIS, MN 55413
Preparer
Joanne Kletscher
Phone
9525121165
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional fees: program service expenses 87,448. Management and general expenses 71,327. Fundraising expenses 57,924. Total expenses 216,699.

Financial Statement Notes

PART II, LINE 9:

Belwin believes it is most appropriate to account for the conservation easements as a collection. The conservation easements are recorded at a nominal value of $1 each on the statement of financial position. Conservation easements acquired are reported as expenses on the the statement of activities at appraised market value. Any difference between the appraised value and cost is recorded as an in-kind contribution. 11(f) - belwin is exempt from income taxes under internal revenue code section 501(c)(3) and applicable minnesota statues, except to the extent it has taxable income from businesses that are not related to its exempt purposes. Belwin did not have any unrelated business income in 2020 or 2019. Belwin believes that it has appropriate support for any tax positions taken, and accordingly, does not have any uncertain tax positions that are material to the financial statements.

PART V, LINE 4:

PERMANENT ENDOWMENT

Raw XML AppendixShowing 400 of 533 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0DEDICATED TO PRESERVATION, RESTORATION AND APPRECIATION OF OUR NATURAL WORLD. IT OWNS APPROXIMATELY 1500 ACRES OF LAND IN AFTON, WEST LAKELAND TOWNSHIP AND LAKELAND, MN. BELWIN COMPRISES ONE OF THE LARGEST PRIVATELY OWNED NATURAL PRESERVES IN THE TWIN CITIES REGION WITH A FOCUS ON CONNECTING PEOPLE AND THE NATURAL WORLD.
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IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt07485
IRS990/OccupancyGrp/ManagementAndGeneralAmt04054
IRS990/OccupancyGrp/ProgramServicesAmt019649
IRS990/OccupancyGrp/TotalAmt031188
IRS990/OfficeExpensesGrp/FundraisingAmt04675
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02532
IRS990/OfficeExpensesGrp/ProgramServicesAmt012273
IRS990/OfficeExpensesGrp/TotalAmt019480
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt023501
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06979
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt037466
IRS990/OtherEmployeeBenefitsGrp/TotalAmt067946
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1AUTO AND TRUCK EXPENSES
IRS990/OtherExpensesGrp/Desc2REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt01180
IRS990/OtherExpensesGrp/FundraisingAmt1721
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0639
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13272
IRS990/OtherExpensesGrp/ProgramServicesAmt0288650
IRS990/OtherExpensesGrp/ProgramServicesAmt136693
IRS990/OtherExpensesGrp/ProgramServicesAmt23097
IRS990/OtherExpensesGrp/ProgramServicesAmt3582
IRS990/OtherExpensesGrp/TotalAmt0288650
IRS990/OtherExpensesGrp/TotalAmt136693
IRS990/OtherExpensesGrp/TotalAmt24916
IRS990/OtherExpensesGrp/TotalAmt34575
IRS990/OtherRevenueMiscGrp/BusinessCd0523000
IRS990/OtherRevenueMiscGrp/BusinessCd1523000
IRS990/OtherRevenueMiscGrp/Desc0INSURANCE CLAIM PROCEEDS
IRS990/OtherRevenueMiscGrp/Desc1LOSS ON DISPOSAL OF ASSETS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0332825
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0332825
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-166525
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0-166525
IRS990/OtherRevenueTotalAmt0166300
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0192842
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt076454
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0383412
IRS990/OtherSalariesAndWagesGrp/TotalAmt0652708
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01513378
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt016792
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06648
IRS990/PayrollTaxesGrp/ProgramServicesAmt034871
IRS990/PayrollTaxesGrp/TotalAmt058311
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0118157
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01856562
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DAVID HARTWELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0ART, SCIENCE AND NATURE - BELWIN PROVIDES HIGH QUALITY, DIVERSE ART (AND SCIENCE) PROGRAMMING, BOTH PARTICIPATORY AND OBSERVATORY THAT WILL IN ALL CASES INCLUDE AN ENVIRONMENTAL MESSAGE THAT LEAVES PARTICIPANTS DELIGHTED WITH THE EXPERIENCE AND ENLIGHTENED TO ENVIRONMENTAL ISSUES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0364529
IRS990/ProgSrvcAccomActy3Grp/Desc0RECREATION - BELWIN OFFERS THE COMMUNITY TWO TYPES OF RECREATIONAL ACTIVITIES. THE LUCY WINTON BELL ATHLETIC FIELDS WITH SOCCER, BASEBALL AND FOOTBALL FIELDS COVERS 50 ACRES. IT IS PRIMARILY FOR CHILDREN PARTICIPATING IN THE PROGRAMS RUN BY THE ST. CROIX SOCCER CLUB AND ST. CROIX VALLEY ATHLETIC ASSOCIATION. THE HIGH QUALITY FIELDS WERE OPENED IN 1999 AFTER COMMUNITY LEADERS ASKED BELWIN TO PARTICIPATE IN PROVIDING FACILITIES THAT WERE NOT OTHERWISE AVAILABLE TO THE COMMUNITY. PASSIVE HIKING TRAILS ARE AVAILABLE TO THE PUBLIC AND MAINTAINED BY BELWIN IN NUMEROUS PLACES ON ITS PROPERTY ADJACENT TO THE LUCY WINTON BELL ATHLETIC FIELDS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0187205
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01343492
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt049148
IRS990/PYOtherExpensesAmt0701573
IRS990/PYOtherRevenueAmt0113852
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0144257
IRS990/PYSalariesCompEmpBnftPaidAmt0660662
IRS990/PYTotalExpensesAmt01362235
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01506492
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0577070
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt080100
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0244972
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0304507
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01648547
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01226658
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01355560
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01153441
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0756714
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06140920
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt080100
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt087760
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt085280
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt094840
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt098609
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0446589
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.77520
IRS990ScheduleA/PublicSupportPY170Pct00.90630
IRS990ScheduleA/PublicSupportTotal170Amt05106595
IRS990ScheduleA/SubstantialContributorsTotAmt01034325
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01648547
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01226658
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01355560
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01153441
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0756714
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06140920
IRS990ScheduleA/TotalSupportAmt06587509
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0665139
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02336033
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt03001172
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0244972
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt050000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0260090
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-34882
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0195824
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0244972
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt049148
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0174284
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0195824
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt021540
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0146920
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0174284
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt027364
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0155576
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0146920
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-8656
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd01
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0160734
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0315239
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0475973
IRS990ScheduleD/LandGrp/BookValueAmt010665957
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt010665957
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0114699
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0990186
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt01104885
IRS990ScheduleD/PreservationOpenSpaceInd0X
IRS990ScheduleD/PreservationPublicUseInd0X
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
IRS990ScheduleD/RelatedOrgListSchRInd00
IRS990ScheduleD/StatesEasementsHeldCnt01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BELWIN BELIEVES IT IS MOST APPROPRIATE TO ACCOUNT FOR THE CONSERVATION EASEMENTS AS A COLLECTION. THE CONSERVATION EASEMENTS ARE RECORDED AT A NOMINAL VALUE OF $1 EACH ON THE STATEMENT OF FINANCIAL POSITION. CONSERVATION EASEMENTS ACQUIRED ARE REPORTED AS EXPENSES ON THE THE STATEMENT OF ACTIVITIES AT APPRAISED MARKET VALUE. ANY DIFFERENCE BETWEEN THE APPRAISED VALUE AND COST IS RECORDED AS AN IN-KIND CONTRIBUTION. 11(F) - BELWIN IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND APPLICABLE MINNESOTA STATUES, EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM BUSINESSES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSES. BELWIN DID NOT HAVE ANY UNRELATED BUSINESS INCOME IN 2020 OR 2019. BELWIN BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND ACCORDINGLY, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PERMANENT ENDOWMENT
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II, LINE 9:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART V, LINE 4:
IRS990ScheduleD/TotalAcreageCnt0124.00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011606529
IRS990ScheduleD/TotalEasementsCnt010
IRS990ScheduleD/WrittenPolicyMonitoringInd01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0AFTON LAND
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1JERRY ALLAN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0THE AFTON LAND PARTNERSHIP OWNS LAND ADJACENT TO LAND HELD BY BELWIN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1ONE OF THE PARTNERS OF THE PARTNERSHIP IS ON THE BOARD OF DIRECTORS OF
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2BELWIN. THE PARTNERSHIP AND BELWIN SHARE CERTAIN EQUIPMENT AND OPERATING
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt3COSTS IN THE MAINTENANCE OF THESE PROPERTIES.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt4DIRECTOR OF BELWIN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd20
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd30
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd40
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0BELWIN STAFF PROVIDES OCCASIONAL MAINTENANCE SERVICES FOR CERTAIN PROPERTIES OWNED BY AN ENTITY AFFILIATED WITH A MEMBER OF THE BELWIN BOARD, BELWIN IS REIMBURSED FOR ITS OUT-OF-POCKET EXPENSES AND FOR ANY TIME THAT ITS PERSONNEL DEVOTE TO SUCH SERVICES (NORMALLY LESS THAN $50,000 PER ANNUM), AND BELWIN ALSO RECEIVES AN ADDITIONAL ANNUAL PAYMENT OF $3,000 FROM THE AFFILIATED ENTITY FOR PERFORMING THESE SERVICES.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.4$3.31$18.1$4.44$1.89$2.56
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.4$1.87$15.6$4.34$1.72$2.62
2022Detailed filing. Detailed filing data is available for this year.$14.5$1.60$12.9$2.28$1.71$0.58
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.9$1.58$12.4$1.51$1.36$0.14
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.8$1.61$12.2$2.22$1.34$0.88
2019Summary only. Only limited summary data is available for this year.$12.9$1.60$11.3$1.30$1.10$0.20
2018Summary only. Only limited summary data is available for this year.$12.6$1.60$11.0$0.75$1.04$0.29
2017Summary only. Only limited summary data is available for this year.$12.8$1.61$11.1$1.38$0.90$0.49
2016Summary only. Only limited summary data is available for this year.$12.2$1.58$10.7$0.89$0.91$0.02
2015Summary only. Only limited summary data is available for this year.$12.3$1.58$10.7$0.76$0.79$0.03
2014Summary only. Only limited summary data is available for this year.$12.3$1.55$10.7$0.78$0.76$0.01
2013Summary only. Only limited summary data is available for this year.$12.3$1.58$10.7$0.74$0.65$0.09
2012Summary only. Only limited summary data is available for this year.$12.2$1.58$10.6$1.11$1.37$0.26