TY 2017 Form 990

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W-2/1099-MISC)
(1) CHRISTOPHER WOOD...................................................................... PRESIDENT AND CEO	40.00 .................	X	X	400,658	34,931
(2) JIM ASSELSTINE...................................................................... CHAIRMAN	5.00 .................	X	X	0	0
(3) TERRY HYMAN...................................................................... TREASURER	5.00 .................	X	X	0	0
(4) MICK MCCORCLE...................................................................... CHAIRMAN OF NAT'L LEADERSHIP COUNCIL	5.00 .................	X	X	0	0
(5) NANCY MACKINNON...................................................................... SECRETARY	5.00 .................	X	X	0	0
(6) PAUL DOSCHER...................................................................... SECRETARY NAT'L LEADERSHIP COUNCIL	5.00 .................	X	X	0	0
(7) DAVID D ARMSTRONG ESQ...................................................................... LEGAL ADVISOR	5.00 .................	X	X	0	0
(8) BERNARD BAILEY...................................................................... TRUSTEE	5.00 .................	X		0	0
(9) SHERRY BRAINERD...................................................................... TRUSTEE	5.00 .................	X		0	0
(10) RICHARD JOHNSON...................................................................... TRUSTEE	5.00 .................	X		0	0
(11) GREGORY A MCCRICKARD...................................................................... TRUSTEE	5.00 .................	X		0	0
(12) THOMAS L JONES...................................................................... TRUSTEE	5.00 .................	X		0	0
(13) STEVE MOSS...................................................................... TRUSTEE	5.00 .................	X		0	0
(14) NOEL SKIP DUNN...................................................................... TRUSTEE	5.00 .................	X		0	0
(15) HOWARD KERN...................................................................... TRUSTEE	5.00 .................	X		0	0
(16) DAN NEEDHAM...................................................................... TRUSTEE	5.00 .................	X		0	0
(17) LAWRENCE FINCH...................................................................... TRUSTEE	5.00 .................	X		0	0

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W-2/1099-MISC)	(F) Estimated amount of other compensation from the organization and related organizations
(18) HENRY E KOLTZ........................................................................ TRUSTEE	5.00 .......................	X				0	0
(19) JAMES E NEVELS........................................................................ TRUSTEE	5.00 .......................	X				0	0
(20) SCOTT HOOD........................................................................ TRUSTEE	5.00 .......................	X				0	0
(21) ALEX MAHER........................................................................ TRUSTEE	5.00 .......................	X				0	0
(22) ROBERT ODEN JR........................................................................ TRUSTEE	5.00 .......................	X				0	0
(23) PATSY ISHIYAMA........................................................................ TRUSTEE	5.00 .......................	X				0	0
(24) KEN OLIVIER........................................................................ TRUSTEE	5.00 .......................	X				0	0
(25) KERRI RUSSELL........................................................................ TRUSTEE	5.00 .......................	X				0	0
(26) JIM WALKER........................................................................ TRUSTEE	5.00 .......................	X				0	0
(27) AL PERKINSON........................................................................ TRUSTEE	5.00 .......................	X				0	0
(28) MARK A TAYLOR........................................................................ TRUSTEE	5.00 .......................	X				0	0
(29) JOHN WILLIS........................................................................ TRUSTEE	5.00 .......................	X				0	0
(30) DANIEL PLUMMER........................................................................ TRUSTEE	5.00 .......................	X				0	0
(31) DAN VERMILLION........................................................................ TRUSTEE	5.00 .......................	X				0	0
(32) JEFF WITTEN........................................................................ TRUSTEE	5.00 .......................	X				0	0
(33) MATT RENAUD........................................................................ CFO	40.00 .......................		X			192,763	25,842
(34) ELIZABETH MACLIN........................................................................ EXECUTIVE VP	40.00 .......................			X		157,146	25,738
(35) RODERICK VOGEL........................................................................ CHIEF DEVELOPMENT OFFICER	40.00 .......................			X		196,817	19,055
(36) STEVEN MOYER........................................................................ VP OF GOVERNMENT AFFAIRS	40.00 .......................				X	157,059	25,596
(37) ROBERT MASONIS........................................................................ VP WESTERN CONSERVATION	40.00 .......................				X	128,750	11,555
(38) STEPHEN TRAFTON........................................................................ MANAGING DIRECTOR, COLDWATER CONSER.	40.00 .......................				X	121,445	24,076
(39) LORI HELD........................................................................ SENIOR DIRECTOR, MEMBER SUPPORT	40.00 .......................				X	117,160	24,082
(40) KIRK DEETER........................................................................ VP OF TROUT MEDIA	40.00 .......................				X	119,090	23,975

(A) Name and business address	(B) Description of services	(C) Compensation
RR DONNELLEY 1333 SCHERING RD DE PERE,WI54115	LETTERSHOP	609,484
SMITH EXCAVATION INC PO BOX 284 CASHMERE,WA98815	CONSTRUCTION	592,098
OXBOW EARTHWORKS INC 410 W RIVERTON ROAD BLACKFOOT,ID83221	CONSTRUCTION	423,818
PACIFIC WATERSHED ASSOCIATES PO BOX 4433 ARCATA,CA95518	ENGINEERING CONSULTANTS	411,627
MARKLE RESPONSE 100 JAMISON COURT HAGERSTOWN,MD21740	DATA PROCESSOR AND LOCKBOX	409,852
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 9

- TIN:

SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization

TROUT UNLIMITED INC

Employer identification number

38-1612715

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990 or 990-EZ).)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:

An organization that normally receives: (1) more than 331/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box in lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ...............................

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i) Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

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

Cat. No. 11285F

Schedule A (Form 990 or 990-EZ) 2019

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2015	(b) 2016	(c) 2017	(d) 2018	(e) 2019	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..
6	Public support. Subtract line 5 from line 4.

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2015	(b) 2016	(c) 2017	(d) 2018	(e) 2019	(f) Total
7	Amounts from line 4..
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...
9	Net income from unrelated business activities, whether or not the business is regularly carried on..
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..
11	Total support. Add lines 7 through 10

Gross receipts from related activities, etc. (see instructions) ..................

First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2019 (line 6, column (f) divided by line 11, column (f)) .........

Public support percentage for 2018 Schedule A, Part II, line 14 ...............

16a

33 1/3% support test—2019. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2018. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2019. If the organization did not check a box on line 13, 16a, or 16b, and line 14
is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain
in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported
organization ..................................................... right arrow

10%-facts-and-circumstances test—2018. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line
15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here.
Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly
supported organization ................................................ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990 or 990-EZ) 2019

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2015	(b) 2016	(c) 2017	(d) 2018	(e) 2019	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .	36,939,190	41,124,485	40,029,043	41,370,075	47,745,662	207,208,455
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose	4,620,187	4,671,334	4,467,789	4,859,543	6,532,986	25,151,839
3	Gross receipts from activities that are not an unrelated trade or business under section 513 .....
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge
6	Total. Add lines 1 through 5	41,559,377	45,795,819	44,496,832	46,229,618	54,278,648	232,360,294
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons	760,484	1,948,973	1,716,658	1,254,768	2,113,617	7,794,500
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.						0
c	Add lines 7a and 7b..	760,484	1,948,973	1,716,658	1,254,768	2,113,617	7,794,500
8	Public support. (Subtract line 7c from line 6.)						224,565,794

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2015	(b) 2016	(c) 2017	(d) 2018	(e) 2019	(f) Total
9	Amounts from line 6...	41,559,377	45,795,819	44,496,832	46,229,618	54,278,648	232,360,294
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..	305,808	340,654	285,607	231,095	228,477	1,391,641
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.	305,808	340,654	285,607	231,095	228,477	1,391,641
11	Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..	14,963	23,982	18,050	37,280	-4,952	89,323
13	Total support. (Add lines 9, 10c, 11, and 12.)..	41,880,148	46,160,455	44,800,489	46,497,993	54,502,173	233,841,258

First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization,
check this box and stop here............................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2019 (line 8, column (f) divided by line 13, column (f)) .........

96.030 %

Public support percentage from 2018 Schedule A, Part III, line 15 ...............

95.800 %

Section D. Computation of Investment Income Percentage

Investment income percentage for 2019 (line 10c, column (f) divided by line 13, column (f)) ......

0.600 %

Investment income percentage from 2018 Schedule A, Part III, line 17 .............

0.630 %

19a

331/3% support tests—2019. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3% support tests—2018. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization .... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990 or 990-EZ) 2019

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 12 of Part I. If you checked 12a of Part I, complete Sections A and B. If you checked 12b of Part I, complete Sections A and C. If you checked 12c of Part I, complete Sections A, D, and E. If you checked 12d of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked 12a or 12b in Part I, answer (b) and (c) below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined in line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined in line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Schedule A (Form 990 or 990-EZ) 2019

Page 5

Part IV

Supporting Organizations (continued)

Yes

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described in (b) and (c) below, the governing body of a supported organization?

11a

A family member of a person described in (a) above?

11b

A 35% controlled entity of a person described in (a) or (b) above? If “Yes” to a, b, or c, provide detail in Part VI.

11c

Section B. Type I Supporting Organizations

Yes

Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in (2), did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer (a) and (b) below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described in (a) constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer (a) and (b) below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? Provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.

Schedule A (Form 990 or 990-EZ) 2019

Page 6

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by .035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6

Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990 or 990-EZ) 2019

Page 7

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity
3 Administrative expenses paid to accomplish exempt purposes of supported organizations
4 Amounts paid to acquire exempt-use assets
5 Qualified set-aside amounts (prior IRS approval required)
6 Other distributions (describe in Part VI). See instructions
7Total annual distributions. Add lines 1 through 6.
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions
9 Distributable amount for 2019 from Section C, line 6
10 Line 8 amount divided by Line 9 amount

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2019	(iii) Distributable Amount for 2019
1 Distributable amount for 2019 from Section C, line 6
2 Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions.
3 Excess distributions carryover, if any, to 2019:
a From 2014.......
b From 2015.......
c From 2016.......
d From 2017.......
e From 2018.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2019 distributable amount
i Carryover from 2014 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from 3f.
4Distributions for 2019 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2019 distributable amount
c Remainder. Subtract lines 4a and 4b from 4.
5 Remaining underdistributions for years prior to 2019, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions.
6 Remaining underdistributions for 2019. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions.
7 Excess distributions carryover to 2020. Add lines 3j and 4c.
8 Breakdown of line 7:
a Excess from 2015.....
b Excess from 2016.....
c Excess from 2017.....
d Excess from 2018.....
e Excess from 2019.....

Schedule A (Form 990 or 990-EZ) (2019)

Schedule A (Form 990 or 990-EZ) 2019

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference	Explanation

Schedule A (Form 990 or 990-EZ) 2019

Additional Data

Software ID:
Software Version:

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Name of the organization

TROUT UNLIMITED INC

Employer identification number

38-1612715

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

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

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2019)

Schedule B (Form 990, 990-EZ, or 990-PF) (2019) Page 2

Name of organization TROUT UNLIMITED INC

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2019)

Schedule B (Form 990, 990-EZ, or 990-PF) (2019)

Page 3

Name of organization TROUT UNLIMITED INC		Employer identification number 38-1612715

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2019)

Schedule B (Form 990, 990-EZ, or 990-PF) (2019)

Page 4


Name of organization TROUT UNLIMITED INC			Employer identification number 38-1612715
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2019)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE C
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527

SchCMd Bullet

Complete if the organization is described below. SchCMd Bullet

Attach to Form 990 or Form 990-EZ.
SchCMd Bullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

If the organization answered "Yes" on Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet

Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet

Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet

Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" on Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet

Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
Round Bullet

Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" on Form 990, Part IV, Line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (Proxy Tax) (see separate instructions), then
Round Bullet

Section 501(c)(4), (5), or (6) organizations: Complete Part III.

Name of the organization

TROUT UNLIMITED INC

Employer identification number

38-1612715

Part I-A

Complete if the organization is exempt under section 501(c) or is a section 527 organization.

Provide a description of the organization’s direct and indirect political campaign activities in Part IV (see instructions for definition of “political campaign activities")

Political campaign activity expenditures (see instructions) .................................................................... SchCMd Bullet

Volunteer hours for political campaign activities (see instructions) ..................................................................

Part I-B

Complete if the organization is exempt under section 501(c)(3).

Enter the amount of any excise tax incurred by the organization under section 4955 ................................ SchCMd Bullet

Enter the amount of any excise tax incurred by organization managers under section 4955 ....................... SchCMd Bullet

If the organization incurred a section 4955 tax, did it file Form 4720 for this year? .........................................

Yes No

Was a correction made? ......................................................................................................................

Yes No

If "Yes," describe in Part IV.

Part I-C

Complete if the organization is exempt under section 501(c), except section 501(c)(3).

Enter the amount directly expended by the filing organization for section 527 exempt function activities ..... SchCMd Bullet

Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ............................................................................................................................ SchCMd Bullet

Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b........... SchCMd Bullet

Did the filing organization file Form 1120-POL for this year? ...................................................................

Yes No

Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.

(a) Name	(b) Address	(c) EIN	(d) Amount paid from filing organization's funds. If none, enter -0-.	(e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.
1
2
3
4
5
6

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

Cat. No. 50084S

Schedule C (Form 990 or 990-EZ) 2019

Page 2

Part II-A

Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).

A Check SchCMd Bullet

if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's name, address, EIN, expenses, and share of excess lobbying expenditures).
B Check SchCMd Bullet

if the filing organization checked box A and "limited control" provisions apply.

Limits on Lobbying Expenditures (The term "expenditures" means amounts paid or incurred.)		(a) Filing organization's totals	(b) Affiliated group totals
1a	Total lobbying expenditures to influence public opinion (grass roots lobbying) ......................	250,000
b	Total lobbying expenditures to influence a legislative body (direct lobbying) ........................	556,494
c	Total lobbying expenditures (add lines 1a and 1b) ............................................................	806,494
d	Other exempt purpose expenditures ...............................................................................	50,509,427
e	Total exempt purpose expenditures (add lines 1c and 1d) ..................................................	51,315,921
f	Lobbying nontaxable amount. Enter the amount from the following table in both columns.	1,000,000
	If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
	Not over $500,00020% of the amount on line 1e.
	Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
	Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
	Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
	Over $17,000,000$1,000,000.

g	Grassroots nontaxable amount (enter 25% of line 1f) .................................................	250,000
h	Subtract line 1g from line 1a. If zero or less, enter -0-. ................................................	0
i	Subtract line 1f from line 1c. If zero or less, enter -0-. ................................................	0
j	If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting section 4911 tax for this year? ...................................................................................................................		Yes No

4-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below. See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
	Calendar year (or fiscal year beginning in)	(a) 2016	(b) 2017	(c) 2018	(d) 2019	(e) Total

2a	Lobbying nontaxable amount	1,000,000	1,000,000	1,000,000	1,000,000	4,000,000

b	Lobbying ceiling amount (150% of line 2a, column(e))					6,000,000

c	Total lobbying expenditures	317,376	283,295	296,945	806,494	1,704,110

d	Grassroots nontaxable amount	250,000	250,000	250,000	250,000	1,000,000

e	Grassroots ceiling amount (150% of line 2d, column (e))					1,500,000

f	Grassroots lobbying expenditures				250,000	250,000

Schedule C (Form 990 or 990-EZ) 2019

Page 3

Part II-B

Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).

For each "Yes" response on lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.

(a)

Yes|No

(b)

Amount

During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:

Volunteers? ...........................................................................................................

Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ........

Media advertisements? ...................................................................................................

Mailings to members, legislators, or the public? .............................................................................

Publications, or published or broadcast statements? ...........................................................

Grants to other organizations for lobbying purposes? ..........................................................

Direct contact with legislators, their staffs, government officials, or a legislative body? .......................

Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ..................

Other activities? ...................................................................................................................

Total. Add lines 1c through 1i ....................................................................................................

Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....

If "Yes," enter the amount of any tax incurred under section 4912 ...........................................

If "Yes," enter the amount of any tax incurred by organization managers under section 4912 ...................

If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? ........................

Part III-A

Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).

Yes

Were substantially all (90% or more) dues received nondeductible by members? ...............................................

Did the organization make only in-house lobbying expenditures of $2,000 or less? ............................................

Did the organization agree to carry over lobbying and political expenditures from the prior year? .................................

Part III-B

Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."

Dues, assessments and similar amounts from members ......................................................................

Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid).

Current year .............................................................................................................................

Carryover from last year ............................................................................................................

Total ...........................................................................................................................................

Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .

If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ......................................................................................................................

Taxable amount of lobbying and political expenditures (see instructions) .........................................

Part IV

Supplemental Information

Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see instructions), and Part ll-B, line 1. Also, complete this part for any additional information.

Return Reference	Explanation

Schedule C (Form 990 or 990EZ) 2019

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

Attach to Form 990.
SchDMd Bullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public Inspection

Name of the organization

TROUT UNLIMITED INC

Employer identification number

38-1612715

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.

			Held at the End of the Year
a	Total number of conservation easements ......................	2a	3
b	Total acreage restricted by conservation easements ....................	2b	120.00
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

40.00

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

$ 660

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... SchDMd Bullet

(ii)

Assets included in Form 990, Part X ............................... SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

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

Cat. No. 52283D

Schedule D (Form 990) 2019

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....	6,099,611	5,756,459	6,456,574	7,322,476	7,013,098
b	Contributions ...					92,555
c	Net investment earnings, gains, and losses	486,817	731,178	785,688	-240,242	742,381
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...	343,197	388,026	1,485,803	625,660	525,558
f	Administrative expenses ....
g	End of year balance ......	6,243,231	6,099,611	5,756,459	6,456,574	7,322,476

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

0 %

Permanent endowment SchDMd Bullet

80.170 %

Term endowment SchDMd Bullet

19.830 %

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....	7,801		7,801
b	Buildings ....
c	Leasehold improvements	65,566	30,399	35,167
d	Equipment ....	5,115,504	4,358,260	757,244
e	Other .....
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				800,212

Schedule D (Form 990) 2019

Page 3

Part VII

InvestmentsOther Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(B)
(C)
(D)
(E)
(F)
(G)
(H)
(I)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

InvestmentsProgram Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	306,806
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2019

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	55,171,653
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	-158,838
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d	1,681,006
e	Add lines 2a through 2d .....................			2e	1,522,168
3	Subtract line 2e from line 1..................			3	53,649,485
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................			4c	0
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	53,649,485

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	52,996,927
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d	1,681,006
e	Add lines 2a through 2d....................			2e	1,681,006
3	Subtract line 2e from line 1...................			3	51,315,921
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................			4c	0
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	51,315,921

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
PART II, LINE 5:	ANNUALLY, A TU REPRESENTATIVE VISITS THE PROPERTY AND SPEAKS WITH THE LANDOWNER TO REVIEW THE PROPERTY AND IDENTIFY ANY NEW ACTIVITIES OR DAMAGES SINCE THE LAST INSPECTION THAT COULD AFFECT THE PROPERTY. THE REPRESENTATIVE DISCUSSES WITH THE LANDOWNER ANY POTENTIAL OR PLANNED ACTIVITIES CONCERNING THE LAND INCLUDING, BUT NOT LIMITED TO, THE TRANSFER OF THE LAND, AGRICULTURAL ACTIVITIES, TIMBER HARVESTING, WATER DEVELOPMENT, ROAD CONSTRUCTION, AND COMMERCIAL ACTIVITIES.
PART II, LINE 9:	CONSERVATION EASEMENTS ARE NOT REPORTED IN THE REVENUE, EXPENSE OR BALANCE SHEET OF TU.
PART V, LINE 4:	CCF ENDOWMENT: THE FUND WAS DEVELOPED TO SUPPORT THE SCIENTIFIC RESOURCE WORK OF TU AND WAS FUNDED THROUGH THE RUSSELL MEMORIAL FUND ($569,375) AND OTHER INDIVIDUAL CONTRIBUTIONS. UP TO 15% OF THE ORIGINAL CONTRIBUTION REVENUE WAS ALLOCATED TO BE SPENT ON OVERHEAD AND ADMINISTRATIVE COSTS ASSOCIATED WITH THE COLDWATER CONSERVATION FUND PROGRAM. THE REMAINING PORTION OF THE OVERHEAD AND ADMINISTRATIVE ALLOCATION WAS SPENT IN FISCAL YEAR 2016. A PORTION OF THE CURRENT INVESTMENT INCOME FROM THE ENDOWMENT'S FUNDS ARE TO BE SPENT ANNUALLY, IN ACCORDANCE WITH TU'S SPENDING POLICY. SPENDING RATE OF 4.5% WAS SET FOR FISCAL YEARS ENDED SEPTEMBER 30, 2018 AND 2017. E.T. TELLER ENDOWMENT: THIS FUND WAS ESTABLISHED IN 1995 BY THE TELLER FAMILY. PER REQUEST BY THE DONOR, UP TO 50% OF THE ANNUAL EARNINGS ARE AVAILABLE FOR GENERAL OPERATIONS OF TU. THE OTHER 50% SHOULD BE REINVESTED IN THE FUND.
PART X, LINE 2:	FOR THE YEARS ENDED SEPTEMBER 30, 2018 AND 2017, TU DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	COST OF GOODS SOLD REPORTED AS AN EXPENSE ON THE 1,681,006. FINANCIAL STATEMENTS AND NETTED AGAINST SALES REVENUE ON FORM 990, PART VIII, LINE 10C.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	COST OF GOODS SOLD REPORTED AS AN EXPENSE ON THE 1,681,006. FINANCIAL STATEMENTS AND NETTED AGAINST SALES REVENUE ON FORM 990, PART VIII, LINE 10C.

Schedule D (Form 990) 2019

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Schedule I
(Form 990)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization
TROUT UNLIMITED INC

Employer identification number
38-1612715

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient

that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section (if applicable)	(d) Amount of cash grant	(h) Purpose of grant or assistance
(1) AMMONOOSUC CHAPTER PO BOX 745 LITTLETON,NH03561	52-1765516	501(C)(3)	19,840	EMBRACE A STREAM
(2) BELLEVUE ISSAQUAH PO BOX 2652 ISSAQUAH,WA98029	74-2047393	501(C)(3)	10,000	EMBRACE A STREAM
(3) BRODHEAD 267 3RD ST POCONO PINES,PA18350	23-2440446	501(C)(3)	8,500	EMBRACE A STREAM
(4) CENTRAL NEW JERSEY PO BOX 55 PLUCKEMIN,NJ07978	23-7355313	501(C)(3)	8,000	EMBRACE A STREAM
(5) CLEARWATER 16 KING RD MIDDLE GROVE,NY12850	23-7184523	501(C)(3)	8,000	EMBRACE A STREAM
(6) COLORADO TROUT UNLIMITED 1536 WYNKOOP STREET STE 320 DENVER,CO80202	84-0628113	501(C)(3)	25,000	CHAPTER ENGAGEMENT SUPPORT
(7) CUMBERLAND VALLEY PO BOX 520 CARLISLE,PA17013	23-7210152	501(C)(3)	7,000	EMBRACE A STREAM
(8) DEERFIELD RIVER WATERSHED PO BOX 133 SHELBURNE FALLS,MA01370	47-4191473	501(C)(3)	11,900	EMBRACE A STREAM
(9) EAST YELLOWSTONE PO BOX 3008 CODY,WY82414	52-1491894	501(C)(3)	7,000	EMBRACE A STREAM
(10) GOLD RIDGE RESOURCE CONSERVATION DISTRICT 2776 SULLIVAN RD SEBASTOPOL,CA95472	94-2466509	GOVERNMENT	85,947	CONSERVATION PLANNING
(11) HEMINGWAY PO BOX 6176 KETCHUM,ID83340	52-1765989	501(C)(3)	9,298	EMBRACE A STREAM
(12) JACKSON HOLE PO BOX 4069 JACKSON,WY83001	52-1491981	501(C)(3)	10,000	EMBRACE A STREAM
(13) JOHN MUIR EAST BAY CHAPTER 4221 HOLLIS ST EMERYVILLE,CA94608	81-2847100	501(C)(3)	11,350	EMBRACE A STREAM
(14) KENNEBEC VALLEY 20 OSBORNE ST FAIRFIELD,ME04937	52-1491987	501(C)(3)	5,780	EMBRACE A STREAM
(15) KLAMATH FALLS CHAPTER 419 PACIFIC TER KLAMATH FALLS,OR97601	81-4406101	501(C)(3)	6,000	EMBRACE A STREAM
(16) LAKE CHAMPLAIN 702 HALLOCK HILL RD PERU,NY12972	52-1315947	501(C)(3)	7,500	EMBRACE A STREAM
(17) MASSANUTTEN PO BOX 801 HARRISONBURG,VA22801	51-0208681	501(C)(3)	10,000	EMBRACE A STREAM
(18) MIANUS PO BOX 475 WILTON,CT06897	51-0225098	501(C)(3)	16,850	EMBRACE A STREAM
(19) NATIONAL PARKS CONSERVATION ASSOCIATION 777 6TH ST STE 700 WASHINGTON,DC20001	53-0225165	501(C)(3)	50,000	CONSERVATION PLANNING
(20) NEMACOLIN 29 N FRONT ST CUMBERLAND,MD21502	23-7355327	501(C)(3)	7,000	EMBRACE A STREAM
(21) NORTH KITSAP-OLYMPIC 2811 BEACH DRIVE E PORT ORCHARD,WA98366	26-1990298	501(C)(3)	8,000	EMBRACE A STREAM
(22) OVERMOUNTAIN 186 SHOUNS MISSION LN MOUNTAIN CITY,TN37683	52-1766087	501(C)(3)	8,000	EMBRACE A STREAM
(23) PISGAH PO BOX 2439 BREVARD,NC28712	23-7188792	501(C)(3)	18,600	EMBRACE A STREAM
(24) RAPIDAN 5231 SWAIN DR WARRENTON,VA20187	74-2047566	501(C)(3)	10,000	EMBRACE A STREAM
(25) RIDGE & VALLEY PO BOX 261 WASHINGTON,NJ07882	52-1766075	501(C)(3)	6,000	EMBRACE A STREAM
(26) SEBAGO 11 WINTER STREET YARMOUTH,ME04096	52-1492051	501(C)(3)	7,000	EMBRACE A STREAM
(27) SETH GREEN PO BOX 22994 ROCHESTER,NY14692	23-7188789	501(C)(3)	15,500	EMBRACE A STREAM
(28) SHENANDOAH VALLEY 711 GYPSY AVE STAUNTON,VA24401	23-7355305	501(C)(3)	5,250	EMBRACE A STREAM
(29) SONOMA RESOURCE CONSERVATION DISTRICT 1221 FARMERS LN SUITE F SANTA ROSA,CA95405	95-2863255	GOVERNMENT	71,349	CONSERVATION PLANNING
(30) TED TRUEBLOOD PO BOX 1971 BOISE,ID83701	52-1766250	501(C)(3)	6,000	EMBRACE A STREAM
(31) THEODORE ROOSEVELT CONSERVATION PARTNERSHIP 529 14TH ST NW STE 500 WASHINGTON,DC20045	04-3706385	501(C)(3)	50,000	CONSERVATION PLANNING
(32) TRUCKEE RIVER CHAPTER 15011 NORTHWOODS BLVD TRUCKEE,CA96161	52-1492061	501(C)(3)	8,000	EMBRACE A STREAM
(33) UGA RESEARCH FOUNDATION INC 310 E CAMPUS RD TUCKER HALL 411 ATHENS,GA30602	58-1353149	501(C)(3)	29,144	CONSERVATION PLANNING
(34) UNIVERSITY OF NEVADA RENO BOARD OF REGENTS CONTROLLERS OFFICE 124 RENO,NV89557	94-2781749	501(C)(3)	103,278	CONSERVATION PLANNING
(35) WEST SLOPE CHAPTER PO BOX 7165 MISSOULA,MT59807	23-7184514	501(C)(3)	6,000	EMBRACE A STREAM
(36) STATE OF WISCONSIN PO BOX 78816 MILWAUKEE,WI53278		GOVERNMENT	12,086	CONSERVATION PLANNING
(37) YES FOR RESPONSIBLE MINING PO BOX 1524 GREAT FALLS,MT59401		N/A	571,750	RESPONSIBLE MINING INITIATIVE

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

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

Cat. No. 50055P

Schedule I (Form 990) 2019

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance	(b) Number of recipients	(c) Amount of cash grant	(d) Amount of noncash assistance	(e) Method of valuation (book, FMV, appraisal, other)	(f) Description of noncash assistance

(1)
(2)
(3)
(4)
(5)
(6)
(7)

Part IV

Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.

Return Reference

Explanation

PART I, LINE 2:

THE MAJORITY OF THE GRANTS ARE GIVEN OUT TO TU CHAPTERS AND COUNCILS AND ARE MONITORED BY THE EMBRACE-A-STREAM COMMITTEE FOR COMPLIANCE WITH THEIR GRANT AGREEMENT FOR THOSE GRANTS ISSUED TO OUTSIDE ORGANIZATIONS, THOSE ARE TYPICALLY PART OF A LARGER GRANT AGREEMENT THAT DICTATES THE TERM OF THE ARRANGEMENTS WITH THE APPROPRIATE TU EMPLOYEE MONITORING COMPLIANCE. THE TU WOMEN'S FLY FISHING/FILM GRANT SPECIFICALLY FUNDS WOMEN FILMMAKERS, HELPING THEM TO PRODUCE VIDEO PROJECTS ABOUT WOMEN TAKING PART IN THE SPORT OF FLY-FISHING FOR TROUT WOMEN ARE NOW AN UNDER-REPRESENTED DEMOGRAPHIC IN THE SPORT (THE MAJORITY OF TROUT ANGLERS, AND TU MEMBERS, ARE MALE), AND AS PART OF TU'S DIVERSITY INITIATIVE, WE ARE FOCUSED ON EXPANDING REACH TO THE FEMALE DEMOGRAPHIC, AND RECRUITING WOMEN MEMBERS WE MONITORED THE PRODUCTION, ASSISTED IN THE DISTRIBUTION, AND USE OUR MEDIA PROPERTIES AND CONTACTS TO LEVERAGE VIEWERSHIP OF THE FINISHED FILMS.

Schedule I (Form 990) 2019

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Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
SchJMediumBullet

Attach to Form 990.
SchJMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public Inspection

Name of the organization

TROUT UNLIMITED INC

Employer identification number

38-1612715

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .........

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ..

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Yes

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

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

Cat. No. 50053T

Schedule J (Form 990) 2019

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2 and/or 1099-MISC compensation			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1CHRISTOPHER WOOD PRESIDENT AND CEO	(i) (ii)	351,045 ------------- 0	49,613 ------------- 0	0 ------------- 0	15,876 ------------- 0	19,055 ------------- 0	435,589 ------------- 0	0 ------------- 0
2MATT RENAUD CFO	(i) (ii)	190,763 ------------- 0	2,000 ------------- 0	0 ------------- 0	6,787 ------------- 0	19,055 ------------- 0	218,605 ------------- 0	0 ------------- 0
3ELIZABETH MACLIN EXECUTIVE VP	(i) (ii)	157,146 ------------- 0	0 ------------- 0	0 ------------- 0	6,683 ------------- 0	19,055 ------------- 0	182,884 ------------- 0	0 ------------- 0
4RODERICK VOGEL CHIEF DEVELOPMENT OFFICER	(i) (ii)	188,943 ------------- 0	7,874 ------------- 0	0 ------------- 0	0 ------------- 0	19,055 ------------- 0	215,872 ------------- 0	0 ------------- 0
5STEVEN MOYER VP OF GOVERNMENT AFFAIRS	(i) (ii)	155,448 ------------- 0	1,611 ------------- 0	0 ------------- 0	6,541 ------------- 0	19,055 ------------- 0	182,655 ------------- 0	0 ------------- 0

Schedule J (Form 990) 2019

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation
PART I, LINE 7	BONUS COMPENSATION IS REPORTED IN PART II, COLUMN (B)(II).

Schedule J (Form 990) 2019

Additional Data

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SCHEDULE M
(Form 990)

Department of the Treasury

Internal Revenue Service

Noncash Contributions

Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image

Attach to Form 990.
Right pointing arrow large image

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public Inspection

Name of the organization

TROUT UNLIMITED INC

Employer identification number

38-1612715

Part I

Types of Property

	(a) Check if applicable	(b) Number of contributions or items contributed	(c) Noncash contribution amounts reported on Form 990, Part VIII, line 1g	(d) Method of determining noncash contribution amounts
1 Art—Works of art ....
2 Art—Historical treasures .
3 Art—Fractional interests ..
4 Books and publications ..
5 Clothing and household goods .......
6 Cars and other vehicles ..
7 Boats and planes ....
8 Intellectual property ...
9 Securities—Publicly traded .	X	27	262,759	FMV
10 Securities—Closely held stock .
11 Securities—Partnership, LLC, or trust interests ....
12 Securities—Miscellaneous ..
13 Qualified conservation contribution—Historic structures .....
14 Qualified conservation contribution—Other ...
15 Real estate—Residential .
16 Real estate—Commercial ..
17 Real estate—Other ...
18 Collectibles .....
19 Food inventory ...
20 Drugs and medical supplies .
21 Taxidermy ......
22 Historical artifacts ....
23 Scientific specimens ..
24 Archeological artifacts ...
25 Other ( )
26 Other ( )
27 Other ( )
28 Other ( )

Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement

Yes

30a

During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which isn't required to be used for exempt purposes for the entire holding period? ...................

30a

If "Yes," describe the arrangement in Part II.

Does the organization have a gift acceptance policy that requires the review of any nonstandard contributions?

Yes

32a

Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash

contributions? ..........................

32a

If "Yes," describe in Part II.

If the organization didn't report an amount in column (c) for a type of property for which column (a) is checked,

describe in Part II.

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

Cat. No. 51227J

Schedule M (Form 990) (2019)

Page 2

Part IISupplemental Information. Provide the information required by Part I, lines 30b, 32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.

Return Reference	Explanation
PART I, COLUMN (B):	THIS COLUMN REPORTS THE NUMBER OF STOCK DONATIONS.

Schedule M (Form 990) (2019)

Additional Data

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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.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization

TROUT UNLIMITED INC

Employer identification number

38-1612715

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 6	TU HAS 8 CLASSES OF MEMBERSHIP: TU TEEN, REGULAR, SENIOR, TU BUSINESS, TU GUIDE, FAMILY, FAMILY LIFE, LIFE. SOMEONE BECOMES A MEMBER OF TU BY PAYING AT LEAST THE REGULAR ANNUAL MEMBERSHIP PRICE, WHICH GIVES THEM ONE VOTE AT THE ANNUAL MEETING.
FORM 990, PART VI, SECTION A, LINE 7A	THE NOMINATING COMMITTEE OF THE BOARD PRESENTS THE SLATE OF BOARD MEMBERS AT THE ANNUAL MEETING OF TU FOR APPROVAL BY THE MEMBERSHIP. ANY MEMBER IN GOOD STANDING THAT IS PRESENT OR WHO HAS SUBMITTED A PROXY IN ADVANCE OF THE MEETING IS ALLOWED TO VOTE ON THE SLATE.
FORM 990, PART VI, SECTION A, LINE 7B	THE MEMBERSHIP ONLY APPROVES THE SLATE OF BOARD MEMBERS AND CHANGES TO THE BYLAWS AS PRESENTED AT THE ANNUAL MEETING.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE CFO. A COPY OF THE FORM 990 WAS MADE ELECTRONICALLY AVAILABLE TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	A COPY OF THE CONFLICT OF INTEREST POLICY AND A QUESTIONNAIRE CONCERNING BUSINESS RELATIONSHIPS IS SENT TO ALL BOARD MEMBERS EACH FISCAL YEAR. THE BOARD MEMBERS RETURN THE COMPLETED QUESTIONNAIRE TO THE NOMINATING AND GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES, WHO MONITORS COMPLIANCE WITH THE POLICY. EACH EMPLOYEE HAS A DUTY TO DISCLOSE TO THE CHIEF OPERATING OFFICER THE MATERIAL FACTS OF ANY PROPOSED TRANSACTION OF TU IN WHICH SUCH PERSON HAS ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST. AN EMPLOYEE HAVING AN ACTUAL OR PROPOSED CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN THE DELIBERATIONS OR DECISION-MAKING PROCESS OF TU REGARDING THE MATTER UNDER CONSIDERATION. HOWEVER, HE OR SHE SHALL PROVIDE TU WITH ANY AND ALL RELEVANT INFORMATION REGARDING THE MATTER. THE CHIEF OPERATING OFFICER SHALL TAKE SUCH ADDITIONAL ACTION AS MAY BE REQUIRED TO ENSURE THAT THE CONFLICT OF INTEREST IS RESOLVED, AND SHALL MAINTAIN A RECORD OF THE EXISTENCE AND RESOLUTION OF THE CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15	THE CHAIRMAN OF THE BOARD APPOINTS A COMPENSATION COMMITTEE THAT CONSISTS OF NON-COMPENSATED BOARD MEMBERS, INCLUDING THE CHAIRMAN. THIS COMMITTEE MEETS AT LEAST ANNUALLY WITH AN INDEPENDENT SALARY CONSULTANT TO REVIEW THE COMPENSATION PACKAGES FOR THE CEO AND OTHER KEY EMPLOYEES, AND COMPARE THE PACKAGES TO THE GENERAL MARKET AND SIMILAR NON-PROFIT ORGANIZATIONS. THEY ALSO REVIEW THE WORK PLANS AND ACCOMPLISHMENTS OF THE STAFF AND TAKE INTO CONSIDERATION THE EVALUATIONS OF KEY EMPLOYEES BY THE CEO WHEN DETERMINING THE FINAL COMPENSATION. COMPENSATION REVIEWS FOR THE CEO AND OTHER KEY EMPLOYEES ARE DONE IN CONJUNCTION WITH THE COMPLETION OF THE ANNUAL AUDIT, MOST RECENTLY IN JUNE 2018.
FORM 990, PART VI, SECTION C, LINE 19	TU POSTS ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, TAX RETURNS AND FINANCIAL STATEMENTS ON ITS WEBSITE AND WILL MAKE COPIES OF THE DOCUMENTS AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D).
FORM 990, PART IX, LINE 11G	MAINTENANCE CONTRACTS: PROGRAM SERVICE EXPENSES 2,817. MANAGEMENT AND GENERAL EXPENSES 34,196. FUNDRAISING EXPENSES 142. TOTAL EXPENSES 37,155. PLANNED GIVING CONSULTANT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 7,975. TOTAL EXPENSES 7,975. CONSTRUCTION CONTRACTORS: PROGRAM SERVICE EXPENSES 9,966,188. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,966,188. PROFESSIONAL CONSULTANTS: PROGRAM SERVICE EXPENSES 7,213,176. MANAGEMENT AND GENERAL EXPENSES 150,547. FUNDRAISING EXPENSES 7,940. TOTAL EXPENSES 7,371,663.
FORM 990 - AMENDED RETURN:	THIS RETURN IS BEING AMENDED TO INCLUDE THE JOINT COST ALLOCATION ON PART IX, LINE 26.

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

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2019

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: TO CONSERVE, PROTECT, AND RESTORE NORTH AMERICA'S COLDWATER FISHERIES AND THEIR WATERSHEDS.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	32
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	31
5	Total number of individuals employed in calendar year 2019 (Part V, line 2a) ......	5	323
6	Total number of volunteers (estimate if necessary) .............	6	17,804
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	296,419
b	Net unrelated business taxable income from Form 990-T, line 39 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	41,370,075	47,745,662
9	Program service revenue (Part VIII, line 2g) .........	5,061,512	5,547,799
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	498,012	752,990
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	37,447	-396,966
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	46,967,046	53,649,485
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	768,909	1,632,555
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	18,229,629	18,839,052
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 2,644,021
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	26,634,509	30,844,314
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	45,633,047	51,315,921
19	Revenue less expenses. Subtract line 18 from line 12.......	1,333,999	2,333,564
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	27,095,422	29,163,496
21	Total liabilities (Part X, line 26).............	6,921,321	6,814,669
22	Net assets or fund balances. Subtract line 21 from line 20.....	20,174,101	22,348,827

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 5,647,832 including grants of $ 326,750 ) (Revenue $ 641,331 )
	PROTECT:IN 2018, TU PROTECTED 1,164 RIVER MILES AND INCREASED PROTECTION ON 3,000,709 MILLION ACRES. BRISTOL BAY IN ALASKA REMAINED ONE OF TU'S LARGEST PROTECTION PRIORITIES IN 2018 AND WILL REMAIN A FOCUS IN 2019. THE PROPOSED PEBBLE MINE PRESENTS A CATASTROPHIC THREAT TO THE WORLD-CLASS SALMON ECOSYSTEM IN BRISTOL BAY AND WOULD FOREVER MAR THE MAGNIFICENT LANDSCAPE. WE ARE AGGRESSIVELY PURSUING PROTECTIONS THROUGH MULTIPLE CHANNELS, INCLUDING A FEDERAL PERMITTING PROCESS AND ADMINISTRATIVE AND LEGISLATIVE ACTION AT THE STATE LEVEL.IN WYOMING, TU ORGANIZED AND MOBILIZED A DIVERSE STAKEHOLDER GROUP IN OPPOSITION TO A PROPOSAL TO LEASE APPROXIMATELY 173,000 ACRES OF THE GREATER LITTLE MOUNTAIN AREA FOR OIL AND GAS DEVELOPMENT. THE AREA CONTAINS EXCEPTIONAL BIG GAME HABITAT AND IS ALSO HOME TO RARE COLORADO RIVER CUTTHROAT TROUT. WYOMING'S GOVERNOR AND THE SWEETWATER COUNTY COMMISSIONERS WERE AMONG THOSE WHO EXPRESSED SUPPORT FOR PROTECTING THE AREA. CALIFORNIA'S RECENT DROUGHT BROUGHT ATTENTION TO MUCH NEEDED POLICY TO KEEP ENOUGH WATER IN THE STATE'S RIVERS AND STREAMS TO PROTECT SALMON, STEELHEAD, TROUT AND THE OVERALL HEALTH OF AQUATIC ECOSYSTEMS. IN 2018 THE CALIFORNIA WATER BOARD ADOPTED NEW FLOW STANDARDS FOR THE MERCED, TUOLOMNE, STANISLAUS AND SAN JOAQUIN RIVERS THAT TU ADVOCATED. FROM FEBRUARY TO JUNE, 40% OF UNIMPAIRED FLOW MUST REMAIN IN THE RIVERS - DOUBLE THE PREVIOUS LEVEL.

4b	(Code: ) (Expenses $ 17,786,968 including grants of $ 710,996 ) (Revenue $ 2,019,772 )
	RECONNECT:ON THE NORTHWEST COAST OF OREGON, TU AND SEVERAL PARTNERS CONTINUED WORK ON THE SALMON SUPERHWY PROJECT, AN AMBITIOUS UNDERTAKING TO OPEN MORE THAN 178 MILES OF STEELHEAD AND SALMON HABITAT IN SIX COASTAL RIVERS OVER THE NEXT DECADE. THE PROJECT WILL BOOST LOCAL ECONOMY, CREATE JOBS, STIMULATE THE OUTDOOR RECREATION AND FISHING SECTORS, AND BENEFIT LOCAL FARMERS. TU REMOVED THREE MORE FISH BARRIERS IN 2018 BRINGING TO 20 THE TOTAL NUMBER OF BARRIERS REMOVED, WHICH HAS RECONNECTED 60 MILES OF HABITAT.IMPASSABLE CULVERTS ARE NOT THE ONLY OBSTACLES THAT DISCONNECT FISH HABITAT. SMALL DAMS FRACTURE HABITAT AS WELL AND ARE COMMON IN MANY WATERSHEDS. IN 2018, WE REMOVED TWO DAMS IN NORTHERN COASTAL RIVERS (THE RUSSIAN AND SOUTH FORK EEL) TO REOPEN SALMON AND STEELHEAD HABITAT. THESE ACTIONS WERE PART OF TU'S NORTH COAST COHO PROJECT, A MAJOR RESTORATION INITIATIVE THAT JUST CELEBRATED ITS 20TH ANNIVERSARY. IN THE GREAT LAKES BASIN TU HAS BEEN WORKING WITH THE U.S. FOREST SERVICE AND OTHER PARTNERS TO RECONNECT LAKE MICHIGAN TRIBUTARIES. RECENT ACCOMPLISHMENTS TOTAL MORE THAN 70 RECONNECTED STREAM MILES IN WATERSHEDS LIKE THE PESHTIGO AND OCONTO IN WISCONSIN, AND THE PERE MARQUETTE AND MANISTEE IN MICHIGAN.

4c	(Code: ) (Expenses $ 16,871,228 including grants of $ 273,409 ) (Revenue $ 1,915,787 )
	RESTORE:DEEP IN THE HEART OF CENTRAL IDAHO, TU HAS BEEN HARD AT WORK FOR MORE THAN A DECADE RESTORING RIVERS DAMAGED BY MINING AND LIVESTOCK GRAZING. IN 2018, OUR IDAHO STAFF RESTORED SECTIONS OF THE LEMHI AND YANKEE FORK RIVERS BY INSTALLING LIVESTOCK FENCING, REMOVING DREDGE TAILINGS TO RESTORE FLOODPLAIN HABITAT, AND RESTORING SINUOUS STREAM CHANNELS THAT HAD BEEN STRAIGHTENED. SINCE 2009, ALMOST 30 RIVER MILES AND 100 ACRES OF FLOODPLAIN HABITAT HAVE BEEN RESTORED. THESE RIVERS ARE HOME TO SALMON AND STEELHEAD THAT MIGRATE OVER 800 MILES FROM THE PACIFIC OCEAN TO COMPLETE THEIR LIFE CYCLE AND SPAWN THE NEXT GENERATION. TU'S TECHNICAL ASSISTANCE PROGRAM IN PENNSYLVANIA SUPPORTED MORE THAN 40 PROJECTS LAST YEAR RANGING FROM ABANDONED MINE RECLAMATION TO STREAMBANK STABILIZATION AND INSTREAM HABITAT IMPROVEMENT. IN WEST VIRGINIA, TU HAS NOW WORKED WITH ALMOST 400 FARMERS TO IMPROVE HABITAT FOR BROOK TROUT. AND IN THE MIDWEST'S DRIFTLESS AREA TU CONTINUES TO INCREASE RESTORATION RESULTS, WITH A TOTAL OF MORE THAN 20 MILES OF HABITAT IMPROVED IN 2018.

	(Code: ) (Expenses $ 2,713,434 including grants of $ 144,219 ) (Revenue $ 308,120 )
	SUSTAIN:TU VOLUNTEERS ARE ENGAGED IN THE ORGANIZATION'S CONSERVATION MISSION AND ACTIVELY PLAY A ROLE IN PROTECTING, RECONNECTING, AND RESTORING THE NATION'S TROUT AND SALMON WATERS. IN 2018, TU VOLUNTEERS CONTRIBUTED MORE THAN 735,000 SERVICE HOURS, CONDUCTED OVER 1,000 CONSERVATION PROJECTS, MORE THAN 1,700 ENGAGEMENT AND ENVIRONMENTAL ADVOCACY EVENTS, AND NEARLY 3,000 COMMUNITY-BUILDING ACTIVITIES ACROSS THE COUNTRY. TU WORKS TO BRING YOUNG PEOPLE INTO CONSERVATION THROUGH TROUT IN THE CLASSROOM, TEEN SUMMIT, STREAM GIRLS, AND FIVE RIVERS (COLLEGE CHAPTERS) PROGRAMS. THESE STUDENTS ARE THE NEXT GENERATION OF TU LEADERS AND AMERICAN CONSERVATIONISTS, AND IN 2018, TU OFFERED MORE THAN 1,595 YOUTH EDUCATION PROGRAMS. TU'S VETERANS SERVICES PARTNERSHIP PROGRAM HELPS WOUNDED WARRIORS DISCOVER THE HEALING POWER OF THE WATER THROUGH FISHING. TU AND OVER 200 OF ITS CHAPTERS PROVIDED 600 EVENTS AND ACTIVITIES TO SERVE VETERANS AND THEIR FAMILIES IN 2018. VETERANS SERVICES PARTNERSHIP EVENTS INCLUDE FISHING OUTINGS, FLY TYING EVENTS AND SOCIAL GATHERINGS FOR VETERANS OF COMBAT SO THEY MAY DISCOVER THE PEACE AND TRANQUILITY OF TIME SPENT ON THE WATER.

	(Code: ) (Expenses $ 1,377,799 including grants of $ 67,181 ) (Revenue $ 156,454 )
	SCIENCE:TU'S SCIENCE TEAM CONTINUES TO EXPAND OUR CITIZEN SCIENCE-OR ANGER SCIENCE-EFFORTS, WHICH PROVIDE OPPORTUNITIES TO ENGAGE TU MEMBERS IN COLLECTING DATA ON COLDWATER FISHES AND THEIR HABITATS. WE ARE BROADENING OUR APPLICATION OF ENVIRONMENTAL DNA (EDNA) COLLECTION TO DETERMINE THE PRESENCE OF NATIVE AND NON-NATIVE FISHES IN VARIOUS WATERS TO HELP PUSH FOR PROTECTION NEEDS OR MANAGEMENT ACTIONS. WE ALSO BUILT SEVERAL NEW MOBILE APPS FOR DATA COLLECTION AND ARE WORKING WITH STAFF AND VOLUNTEERS TO COLLECT INFORMATION ON WATERSHED-WIDE HABITAT NEEDS, AQUATIC MACROINVERTEBRATES AND WATER QUALITY METRICS IN VARIOUS LOCATIONS.OUR 5-YEAR WORK TO BUILD NEW POPULATION VIABILITY MODELS TO PREDICT EXTINCTION RISKS FOR INLAND TROUT CULMINATED THIS YEAR IN A SECOND PUBLICATION OF OUR MODELING FRAMEWORK IN THE JOURNAL ECOLOGY. WE CONTINUED OUR OUTREACH TO MANAGEMENT AGENCIES ON APPLICATIONS OF THE MODELS FOR CONSERVATION PLANNING FOR LAHONTAN CUTTHROAT TROUT AND SUBMITTED A 3RD PAPER TO THE JOURNAL CONSERVATION BIOLOGY DETAILING THIS APPLICATION WORK. FINALLY, WE COMPLETED A BASIC MODEL APPLICATION FOR REDBAND TROUT.WE COAUTHORED A CHAPTER ON LAHONTAN CUTTHROAT TROUT IN THE AMERICAN FISHERIES SOCIETY (AFS) PUBLICATION CUTTHROAT TROUT EVOLUTIONARY BIOLOGY AND TAXONOMY, WHICH UPDATES OUR UNDERSTANDING OF THIS GROUP AND IDENTIFIES MORE DIVERSITY THAN PREVIOUSLY ACKNOWLEDGED. WE ALSO COMPLETED CONTRIBUTIONS TO DIVERSITY AND STATUS OF TROUTS AND CHARS OF THE WORLD TO BE PUBLISHED BY AFS IN SPRING 2019 AND CO-EDITED AND CO-AUTHORED CHAPTERS FOR ANOTHER BOOK, MULTISPECIES AND WATERSHED APPROACHES TO FRESHWATER FISH CONSERVATION, ALSO TO BE PUBLISHED IN 2019. FINALLY, WE PROVIDED VARIOUS MAPPING AND DECISION SUPPORT TOOLS FOR TU PROGRAM NEEDS, INCLUDING CONSERVATION PLANNING FOR SOUTHERN APPALACHIAN BROOK TROUT AND ADVOCACY WORK REGARDING PRIORITY CAMPAIGNS SUCH AS THE CLEAN WATER ACT AND PROTECTING BRISTOL BAY.

	(Code: ) (Expenses $ 695,400 including grants of $ 110,000 ) (Revenue $ 78,965 )
	GOVERNMENT AFFAIRS:TU'S GOVERNMENT AFFAIRS STAFF WORKED DILIGENTLY IN THE HALLS OF THE FEDERAL GOVERNMENT TO PUSH IMPORTANT LEGISLATION, OPPOSE BAD CONSERVATION POLICIES, AND SUPPORT VITAL CONSERVATION FUNDING FROM COAST TO COAST, ALL IN SERVICE OF FULFILLING TU'S MISSION FOR CONSERVING TROUT AND SALMON HABITAT AND FISHERIES. FOR EXAMPLE, TU'S GOVERNMENT AFFAIRS STAFF:- WORKED WITH CONGRESS TO DEVELOP NATIONAL "GOOD SAMARITAN" LEGISLATION THAT WOULD ALLOW GROUPS LIKE TROUT UNLIMITED TO RESTORE WATERS DEGRADED BY ABANDONED MINES. SENATOR GARDNER (CO) INTRODUCED A POSITIVE GOOD SAMARITAN BILL IN DECEMBER 2018, AND WE HOPE TO HAVE A BIPARTISAN INTRODUCTION OF A SIMILAR BILL IN 2019 THAT COULD MOVE THROUGH THE LEGISLATIVE PROCESS.- ORGANIZED SUBSTANTIAL OPPOSITION TO PROPOSALS BY EPA AND THE U.S. ARMY CORPS OF ENGINEERS TO REDUCE PROTECTIONS FOR HEADWATER STREAMS UNDER THE CLEAN WATER ACT. HEALTHY HEADWATER STREAMS ARE VITAL FOR TROUT AND SALMON CONSERVATION AND FISHERIES. - PRESSED FOR PASSAGE OF THE PUBLIC LANDS LEGISLATION, INCLUDING PERMANENT REAUTHORIZATION OF THE LAND AND WATER CONSERVATION FUND. THE PUBLIC LANDS BILL WOULD PROVIDE A VARIETY OF NEW AUTHORITIES TO PROTECT AND RESTORE NEW AREAS DESIGNATED AS WILDERNESS AND WILD AND SCENIC RIVERS NATIONWIDE, AS WELL AS AUTHORIZE THE YAKIMA RIVER RESTORATION PROJECT IN WASHINGTON STATE. - ORGANIZED SUBSTANTIAL OPPOSITION TO UNWARRANTED PROPOSED BUDGET CUTS FOR FEDERAL NATURAL RESOURCE MANAGEMENT PROGRAMS OF VITAL INTEREST TO TU AND ITS MEMBERS. CONGRESS REJECTED THE HARMFUL CUTS AND MAINTAINED LEVEL FUNDING FOR MOST PROGRAMS, ENABLING TU'S TROUT AND SALMON WATERSHED PROJECTS TO CONTINUE TO BE SUCCESSFUL.

	(Code: ) (Expenses $ 246,313 including grants of $ ) (Revenue $ 27,970 )
	OTHER PROGRAM AREAS

4d	Other program services (Describe in Schedule O.)
	(Expenses $ 5,032,946 including grants of $ 321,400 ) (Revenue $ 571,509 )
4e	Total program service expenses45,338,974

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	1,590,888	0	214,850

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e	25,849,047

f	All other contributions, gifts, grants, and similar amounts not included above		1f	21,896,615

g	Noncash contributions included in lines 1a - 1f:$		1g	262,759

h Total. Add lines 1a-1f.......		47,745,662

		Business Code
2a	MEMBERSHIP DUES	900099	5,134,638	5,134,638
b	PUBLICATIONS	900099	301,419	5,000	296,419
c	REGISTRATION FEES	900099	111,742	111,742
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		5,547,799

3 Investment income (including dividends, interest, and othersimilar amounts) ......			221,091			221,091
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........			7,386			7,386
		(ii) Personal	(i) Real
6a	Gross rents			6a
b	Less: rental expenses			6b
c	Rental income or (loss)			6c
d	Net rental income or (loss).......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory		4,938,956	7a
b	Less: cost or other basis and sales expenses		4,407,057	7b
c	Gain or (loss)		531,899	7c
d	Net gain or (loss).........			531,899			531,899
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a	1,281,606
b	Less: cost of goods sold ..		10b	1,681,006
c	Net income or (loss) from sales of inventory..			-399,400	-399,400
Business Code			Miscellaneous Revenue
11a	MISCELLANEOUS		900099	-4,952			-4,952
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			-4,952
12	Total revenue. See instructions.....			53,649,485	4,851,980	296,419	755,424

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	1,632,555	1,632,555
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........	1,103,384		773,678	329,706
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	11,983,553	10,808,552	690,313	484,688
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	476,943	424,329	30,824	21,790
9	Other employee benefits .......	4,223,191	3,562,011	412,394	248,786
10	Payroll taxes ...........	1,051,981	869,234	116,450	66,297
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	7,446	4,080	3,366
c	Accounting ...........	65,967		65,967
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	17,382,981	17,182,181	184,743	16,057
12	Advertising and promotion ....	155,832	153,394	1,705	733
13	Office expenses .......	1,133,807	919,245	136,900	77,662
14	Information technology ......	696,066	515,135	163,290	17,641
15	Royalties ..	33,770	4,675		29,095
16	Occupancy ...........	816,641	742,436	43,041	31,164
17	Travel ............	1,346,357	1,192,994	53,953	99,410
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	306,901	236,205	32,642	38,054
20	Interest ...........	9,865		9,865
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	637,774	526,960	70,622	40,192
23	Insurance ...	165,544	284	165,260
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	MATERIALS	2,580,039	2,580,039
b	MAGAZINE PRODUCTION	2,232,097	1,260,969	32,151	938,977
c	WATER LEASES	1,903,944	1,903,944
d	FULFILLMENT	489,547	352,574	-4,305	141,278
e	All other expenses	879,736	467,178	350,067	62,491
25	Total functional expenses. Add lines 1 through 24e	51,315,921	45,338,974	3,332,926	2,644,021
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).	782,901	219,798	0	563,103

1	Cash–non-interest-bearing ........			4,743,294	1	4,385,831
2	Savings and temporary cash investments .........			757,329	2	1,335,135
3	Pledges and grants receivable, net ......			9,504,030	3	12,181,100
4	Accounts receivable, net .............			1,226,306	4	1,123,155
5	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............			549,601	8	458,319
9	Prepaid expenses and deferred charges ......			461,952	9	483,263
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	5,188,871
b	Less: accumulated depreciation	10b	4,388,659	1,426,710	10c	800,212
11	Investments—publicly traded securities .			8,426,200	11	8,396,481
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........				15
16	Total assets. Add lines 1 through 15 (must equal line 33)...			27,095,422	16	29,163,496

17	Accounts payable and accrued expenses .....	6,469,072	17	6,507,863
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	452,249	25	306,806
26	Total liabilities. Add lines 17 through 25..	6,921,321	26	6,814,669

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........		27
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	20,174,101	32	22,348,827
33	Total liabilities and net assets/fund balances ........	27,095,422	33	29,163,496