2023-11-09T07:30:43-06:00 2022-12-31 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2022-01-01 237099105 Maine Coast Heritage Trust MAIN 2077297366 1 Bowdoin Mill Island 201 Topsham ME 04086 Katherine D Stookey President 2077297366 2023-11-08 1 Katherine Stookey 999009999 1 Joseph R Byrne P01289281 2077752387 2023-11-03 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Katherine D Stookey 1 Bowdoin Mill Island 201 Topsham ME 04086 25874205 0 X www.mcht.org X 1970 ME Maine land conservation and protection 18 18 90 357 157554 0 15270154 17873698 117411 135843 5606408 4517654 43222 19510 21037195 22546705 1417551 1962018 0 0 4730133 5240071 0 0 1223888 5111268 5564159 11258952 12766248 9778243 9780457 288737271 280515892 1128174 1241443 287609097 279274449 X Maine Coast Heritage Trust conserves and stewards Maine's coastal lands and islands for their renowned scenic beauty, ecological value, outdoor recreational opportunities and contribution to community well-being. MCHT provides statewide conservation leadership through its work with land trusts, coastal communities and other partners. 0 0 5606459 1962018 135843 Land Protection Program - Conserves high priority lands in Maine's coastal zone and its associated watersheds. Additionally, the Land Trust Program provides training, education and technical support for Maine's network of land trusts and conservation organizations. 2543428 Stewardship - Maintains and improves a conserved lands portfolio including public preserves and conservation easements for public recreation and ecological functions. Provides for infrastructure to own and manage property. 671038 Farm Operations - A working farm and educational center, helping visitors deepen their appreciation for land conservation and sustainable agriculture located in Rockport, Maine. 406711 Communications - manages print and digital communications including messaging, branding, channel management, public relations and public education. 406711 9227636 1 1 0 1 0 0 1 0 0 1 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 62 0 1 90 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA CT FL MA MD ME NH NY PA VA X X Joanne Favreau 2077297366 1 Bowdoin Mill Island Suite 201 Topsham ME 04086 Thomas Armstrong Chair/Past Interim President 1.00 0.00 X X 0 0 0 Lucy McCarthy Vice Chair 1.00 0.00 X X 0 0 0 Judy Wallingford Treasurer 1.00 0.00 X X 0 0 0 John Adelman Director 1.00 0.00 X 0 0 0 Ann Amstutz Hayes Director 1.00 0.00 X 0 0 0 M Cameron Barrow Director 1.00 0.00 X 0 0 0 Emily Beck Director 1.00 0.00 X 0 0 0 Emily Bruce Director 1.00 0.00 X 0 0 0 MacKenzie Davis Director 1.00 0.00 X 0 0 0 Alejendra Geiger-Ortiz Director 1.00 0.00 X 0 0 0 Alix Hopkins Director 1.00 0.00 X 0 0 0 Katherine Jans Director 1.00 0.00 X 0 0 0 Christiana Millet Director 1.00 0.00 X 0 0 0 Sam Spencer Director 1.00 0.00 X 0 0 0 Sheridan Steele Director 1.00 0.00 X 0 0 0 Ben Twining Director 1.00 0.00 X 0 0 0 Edward E Wendell Jr Director 1.00 0.00 X 0 0 0 Jean Wheeler Director 1.00 0.00 X 0 0 0 Arthur C Martinez Past Treasurer 1.00 0.00 X X 0 0 0 John Forsgren Past Director 1.00 0.00 X 0 0 0 Joseph W Hammer Past Director 1.00 0.00 X 0 0 0 Thomas E Ireland Past Director 1.00 0.00 X 0 0 0 David Reis Past Director 1.00 0.00 X 0 0 0 Stephen Sullens Past Director 1.00 0.00 X 0 0 0 Katherine D Stookey President 40.00 0.00 X 181591 0 23545 Joanne Favreau Director of Finance & Admin. 40.00 0.00 X 115926 0 17461 Nichole Blanchard Director of Engagement 40.00 0.00 X 119186 0 32816 Jane Arbuckle Director of Stewardship 40.00 0.00 X 111746 0 16307 Elizabeth Ham Director of Land Protection 40.00 0.00 X 106557 0 16869 Karin Marchetti General Counsel 28.00 0.00 X 104063 0 18731 739069 0 125729 6 0 1 0 Cold Mountain Builders Inc 33 Pendleton Street Belfast ME 04915 Construction Services 446545 Maine Earth 282 Western Avenue Hampden ME 04444 Construction Services 384311 Harold MacQuinn Inc PO Box 789 Ellsworth ME 04605 Construction Services 303420 RL White & Son Inc PO Box 8 Hulls Cove ME 04644 Construction Services 282834 Linkel Construction Inc 255 Augusta Road Topsham ME 04086 Construction Services 267605 11 532039 17341659 1628295 17873698 Program Fees 611600 135843 135843 135843 1769382 63809 1705573 3698718 2377054 1056468 2271032 2642250 106022 2748272 74235 2674037 Sale of Beef 110000 12240 12240 Farm Operations Revenue 110000 6395 6395 Fair & Art Show 110000 875 875 19510 22546705 135843 157554 4379610 1962018 1962018 338523 176436 100546 61541 3718139 2705840 394193 618106 292181 216845 28950 46386 569107 416998 61273 90836 322121 230324 37759 54038 630 630 72548 1500 71048 1246142 1246142 701030 553844 145425 1761 689178 417520 126879 144779 722735 644949 45406 32380 95468 70880 1578 23010 32154 32002 152 275626 266788 8838 204955 156289 20285 28381 Loss On Impairment 780735 780735 Project Expense 609896 487073 3151 119672 Farm Operating Expenses 72626 72626 Staff Recruitment & Tra 60436 34339 23099 2998 12766248 9227636 2314724 1223888 X 671681 573550 24365245 29493577 17711062 9980789 234379 122473 250000 0 268232 329270 123903344 2355425 118995203 121547919 43204672 25919301 76741874 87195719 6294923 5353294 288737271 280515892 1052574 1165943 600 500 75000 75000 1128174 1241443 X 183109366 181264133 104499731 98010316 287609097 279274449 288737271 280515892 X 9780457 -17257452 -857653 X 0 1 X 1 0 X 21007619 27114178 15050024 15270154 17873698 96315673 21007619 27114178 15050024 15270154 17873698 96315673 20745680 75569993 1083286 1173499 1483074 1302092 1769382 6811333 103127006 598115 0.73280 0.75610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 158 158 12766090 12766248 788312 197078 0 0 599651 717223 712948 788312 2818134 4227201 4440 622 1342 158 6562 149913 179306 178237 197078 704534 1056801 352 33 131 516 X X X X 317 22217.00 0 1 1 1417.00 301314 119172785 12082321 -12577863 3696043 1246142 113735058 102282285 770866 20058046 3102648 835764 119172785 87259830 2739310 16314305 3107781 923379 102282285 66580186 12198688 11263545 2194378 588211 87259830 66189423 4572572 -1780409 1828995 572405 66580186 0.42072 0.48884 0.09045 0 0 116284333 116284333 5938076 1466152 4471924 1256489 819441 437048 424446 69832 354614 121547919 Interests in Limited Liability Companies and Limited Partnerships 87195719 F 87195719 3155285 -17257452 -17257452 20412737 1246142 887826 2133968 22546705 11489933 0 11489933 1246142 30173 1276315 12766248 Part II, Line 5: Conservation easements require communications with landowners, monitoring visits at least once each year, reviewing landowner plans for changes that are addressed in the easement and approving or denying them, working with the organization's attorney to deal with violations and amendments, and in some cases transferring easements to other organizations. Some easements require very little time and others require lengthy discussions, negotiations, repeated visits, and specific management. Maintaining good communication with landowners is the key factor in avoiding violations and legal quagmires. As original Grantors pass on or transfer their property, it is especially important to quickly make contact and develop relationships with the new landowners and to help them understand the purpose and restrictions of the easement if necessary. Part II, Line 9: Contributed conservation easements held by the Organization are not recorded in the financial statements because easements do not represent economic assets or resources. Purchased conservation easements are expensed on the date purchased. Part V, Line 4: Operating endowment fund income is to be used for operating fund purposes (excluding land and conservation easement acquisitions) except as needed to be retained in the operating endowment fund so the purchasing power of the permanently restricted contributions is not eroded. Part XI, Line 4b - Other Adjustments: Sale of Beef 12,240. Gain on Sale of Artwork 460. Change in value of Beneficial Interest 857,653. Gain on Sale of land 17,473. Part XII, Line 4b - Other Adjustments: Sale of Beef 12,240. Gain on Sale of Artwork 460. Gain on Sale of Land 17,473. Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, Investments 43389256 0 0 0 0 0 0 43389256 0 43389256 1 0 1 1 1 0 Part III Accounting Method: 1 Brunswick Topsham Land Trust 179 Neptune Drive Suite 200 Brunswick ME 04011 222714194 501 (c)(3) 15000 0 Contribution toward conservation of land & stewardship for conservation purposes Downeast Salmon Federation PO Box 201 Columbia Falls ME 04623 010532938 501 (c)(3) 63114 0 Contribution toward conservation of land & stewardship for conservation purposes Frenchman Bay Conservancy PO Box 150 Hancock ME 04640 222849309 501 (c)(3) 289445 0 Contribution toward conservation of land & stewardship for conservation purposes Georges River Land Trust 8 North Main Street Suite 200 Rockland ME 04841 010424837 501 (c)(3) 10000 0 Contribution toward conservation of land & stewardship for conservation purposes Maine Farmland Trust 97 Main Street Belfast ME 04915 010528014 501 (c)(3) 114650 0 Contribution toward conservation of land & stewardship for conservation purposes Midcoast Conservancy PO Box 439 Edgecomb ME 04556 222658964 501 (c)(3) 103113 0 Contribution toward conservation of land & stewardship for conservation purposes Town of Penobscot PO Box 4 Penobscot ME 04476 Penobscot, ME 10081 0 Contribution toward conservation of land & stewardship for conservation purposes Town of Stonington PO Box 9 Stonington ME 04681 016000385 Stonington, ME 81000 0 Contribution toward conservation of land & stewardship for conservation purposes The Community School of Mount Desert Island 585 Sound Drive Mount Desert ME 04660 465403427 501 (c)(3) 522965 0 Contribution toward conservation of land & stewardship for conservation purposes York Land Trust 1 Long Neck Marsh Road York ME 03909 222793161 501 (c)(3) 750000 0 Contribution toward conservation of land & stewardship for conservation purposes 10 0 Part I, Line 2: Grants are awarded to partner organizations as contributions towards the acquisition of land for conservation. MCHT's Land Trust Program also extends re-grants to other organizations for various conservation and related projects. MCHT's Land Trust Program manager is responsible for reviewing and monitoring each of our re-grants. Final grant reports are required within generally 12 months from the date of the grant. These grant reports require the land trusts to provide the manner in which the funds were spent, a summary of the project, an evaluation of the outcomes, challenges and next steps. In addition, the land trusts are to include information on what the organization has learned through the project, particularly information that may be relevant to other conservation organizations. X X 0 0 0 0 0 0 0 0 0 Katherine D Stookey President 181591 0 0 0 0 0 13231 0 10314 0 205136 0 0 0 Nichole Blanchard Director of Engagement 119186 0 0 0 0 0 9614 0 23202 0 152002 0 0 0 X 94 1092699 Fair Market Value X 8 535596 Appraised Fair Value 1 0 1 1 Part I, Line 32b: Maine Coast Heritage Trust currently uses Bar Harbor Wealth Management as its Agent for investment management and administrative services for planned gift funds. MCHT reserves the right to change or add agents without notice to donors. Form 990, Part VI, Section B, line 11b A complete copy of the 990 was made available to the Organization's board of directors before it was filed. Form 990, Part VI, Section B, line 12c Directors, employees, committee members, etc. are required to sign a conflict of interest policy acknowledgement statement and report any conflicts to the president. Form 990, Part VI, Section B, line 15 Compensation of the Organization's president is determined with the use of a compensation survey or studies and by approval of the board. Key employee compensation is presented to the Board as part of the annual operating budget at the November board meeting. The full budget is reviewed in detail prior to such meeting with the Treasurer & the Executive Board Comm. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy and financial statements available to the public through the Organization's website or upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Maine Coast Heritage Trust 1 Bowdoin Mill Island No. 201 Topsham, ME 04086 EIN 23-7099105 Maine Coast Heritage Trust is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, line 9: Change in value of Beneficial Interest in Split Interest Agreement -857,653. Conservation Limited Development LLC 1 Bowdoin Mill Island Suite 201 Topsham ME 04086 237099105 Owning, managing, renting, leasing, buying, selling and developing property ME 1138697 3804040 Maine Coast Heritage Trust Beneficial Interest In Perpetual Trust Held by Third Party (1) Split-Interest Agreement ME Maine Coast Heritage Trust 1 Charitable Remainder Unitrusts (2) Split-Interest Agreements ME Maine Coast Heritage Trust 1 Charitable Gift Annuity Trusts (4) Split-Interest Agreements ME Maine Coast Heritage Trust 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Beneficial Interest In Perpetual Trust Held by Third Party (1) C 251455 Cash received