TY 2014 Form 990 Schedule O

efile Public Visual Render ObjectId: 201513159349300226 - Submission: 2015-11-11 TIN: 26-2271377

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization

CHESAPEAKE CONSERVANCY INC

Employer identification number

26-2271377

Return Reference	Explanation
FORM 990, PART 1, LINE 1 AND PART III, LINE 1	THE CHESAPEAKE CONSERVANCY'S MISSION IS TO STRENGTHEN THE CONNECTION BETWEEN PEOPLE AND THE WATERSHED, CONSERVE THE LANDSCAPES AND SPECIAL PLACES THAT SUSTAIN THE CHESAPEAKE'S UNIQUE NATURAL AND CULTURAL RESOURCES, AND ENCOURAGE THE EXPLORATION AND CELEBRATION OF THE CHESAPEAKE AS A NATIONAL TREASURE.
FORM 990, PART VI, SECTION B, LINE 11	THE OUTSIDE CPA FIRM PREPARES THE FORM 990. COPIES OF THE 990 DRAFT ARE REVIEWED BY THE EXECUTIVE DIRECTOR AND TREASURER. THE 990 DRAFT IS ALSO PRESENTED TO THE FINANCE COMMITTEE, PROVIDING AN OPPORTUNITY TO ASK QUESTIONS OR ADDRESS ANY ISSUES BEFORE THE FINAL FORM IS FILED.
FORM 990, PART VI, SECTION B, LINE 12C	ACCORDING TO ARTICLE IX OF THE BYLAWS, "NO DIRECTOR OR OFFICER SHALL PARTICIPATE IN ANY DECISION RELATING TO A CONTRACT OR TRANSACTION WHICH AFFECTS HIS OR HER PERSONAL INTERESTS OR THE INTERESTS OF ANY CORPORATION, PARTNERSHIP OR ASSOCIATION IN WHICH HE OR SHE IS DIRECTLY OR INDIRECTLY INTERESTED; NOR SHALL ANY DIRECTOR OR OFFICER VOTE UPON ANY SUCH CONTRACT OR TRANSACTION. FURTHERMORE, SHOULD ANY ITEM COME BEFORE THE BOARD OF DIRECTORS WHERE A DIRECTOR HAS AN ECONOMIC INTEREST, SUCH MATTER SHALL BE FULLY DISCLOSED TO THE BOARD AND THE INDIVIDUAL SHALL ABSTAIN FROM PARTICIPATING IN ANY DISCUSSION OR VOTING ON SAID MATTER." ALL BOARD MEMBERS SIGN-OFF ON THIS POLICY AT THE DECEMBER BOARD MEETINGS.
FORM 990, PART VI, SECTION B, LINE 15	THE CONSERVANCY USES AN OUTSIDE THIRD PARTY STUDY TO EVALUATE COMPENSATION LEVELS FOR ITS EXECUTIVE DIRECTOR AND OTHER KEY POSITIONS. THE CHAIRMAN OF THE BOARD AND TREASURER APPROVE COMPENSATION AMOUNTS FOR THESE POSITIONS.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11G	CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 834,064. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 96,482. TOTAL EXPENSES 930,546.

Return Reference

Explanation

FORM 990, PART 1, LINE 1 AND PART III, LINE 1

THE CHESAPEAKE CONSERVANCY'S MISSION IS TO STRENGTHEN THE CONNECTION BETWEEN PEOPLE AND THE WATERSHED, CONSERVE THE LANDSCAPES AND SPECIAL PLACES THAT SUSTAIN THE CHESAPEAKE'S UNIQUE NATURAL AND CULTURAL RESOURCES, AND ENCOURAGE THE EXPLORATION AND CELEBRATION OF THE CHESAPEAKE AS A NATIONAL TREASURE.

FORM 990, PART VI, SECTION B, LINE 11

THE OUTSIDE CPA FIRM PREPARES THE FORM 990. COPIES OF THE 990 DRAFT ARE REVIEWED BY THE EXECUTIVE DIRECTOR AND TREASURER. THE 990 DRAFT IS ALSO PRESENTED TO THE FINANCE COMMITTEE, PROVIDING AN OPPORTUNITY TO ASK QUESTIONS OR ADDRESS ANY ISSUES BEFORE THE FINAL FORM IS FILED.

FORM 990, PART VI, SECTION B, LINE 12C

ACCORDING TO ARTICLE IX OF THE BYLAWS, "NO DIRECTOR OR OFFICER SHALL PARTICIPATE IN ANY DECISION RELATING TO A CONTRACT OR TRANSACTION WHICH AFFECTS HIS OR HER PERSONAL INTERESTS OR THE INTERESTS OF ANY CORPORATION, PARTNERSHIP OR ASSOCIATION IN WHICH HE OR SHE IS DIRECTLY OR INDIRECTLY INTERESTED; NOR SHALL ANY DIRECTOR OR OFFICER VOTE UPON ANY SUCH CONTRACT OR TRANSACTION. FURTHERMORE, SHOULD ANY ITEM COME BEFORE THE BOARD OF DIRECTORS WHERE A DIRECTOR HAS AN ECONOMIC INTEREST, SUCH MATTER SHALL BE FULLY DISCLOSED TO THE BOARD AND THE INDIVIDUAL SHALL ABSTAIN FROM PARTICIPATING IN ANY DISCUSSION OR VOTING ON SAID MATTER." ALL BOARD MEMBERS SIGN-OFF ON THIS POLICY AT THE DECEMBER BOARD MEETINGS.

FORM 990, PART VI, SECTION B, LINE 15

THE CONSERVANCY USES AN OUTSIDE THIRD PARTY STUDY TO EVALUATE COMPENSATION LEVELS FOR ITS EXECUTIVE DIRECTOR AND OTHER KEY POSITIONS. THE CHAIRMAN OF THE BOARD AND TREASURER APPROVE COMPENSATION AMOUNTS FOR THESE POSITIONS.

FORM 990, PART VI, SECTION C, LINE 19

GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.

FORM 990, PART IX, LINE 11G

CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 834,064. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 96,482. TOTAL EXPENSES 930,546.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2014

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