2023-11-10T11:25:05-07:00 2022-12-31 990 2022-01-01 223055540 FRANCIS SMALL HERITAGE TRUST INC FRAN 2072210853 PO Box 414 Limerick ME 040480414 Richard Jarrett Treasurer 2072210853 2023-10-15 1 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z Francis Small Heritage Trust Donna L Nelson 11 Perkins Way PO Box 281 Limerick ME 04048 897505 0 X www.FSHT.org X 1990 ME Conserve natural resources and provide for open space, public access, and education. 10 10 0 45 0 0 195985 896981 0 0 1021 524 0 0 197006 897505 3100 1100 0 0 0 0 0 0 7482 55334 147826 58434 148926 138572 748579 1494765 2237875 0 0 1494765 2237875 Conserve natural resources and provide for open space, public access, and education. 0 0 119306 0 0 We acquired several new properties and conservation easements. We completed the purchase of 133.4 additional acres in the Porter (Maine) Hills, the Porter Hills Heath Preserve. This land is open to the public for low-impact recreation including hiking and hunting and is permanently protected by a project agreement with the Maine DEP, the US Army Corps of Engineers, The Nature Conservancy (TNC), and the Maine Natural Resources Conservation Program (MNRCP). We also received a donation of the 198.8 acre Bald Ledge Summit parcel worth $331,000 and the 166.9 acre Giovanella Family Forest property appraised at $120,000. Both properties are in the Porter Hills and are open to the public. We also received a donation of the 11.7 acre waterfront Outlet Park in Waterboro, Maine appraised at $200,000. This property is also open to the public. We also accepted a conservation easement on the 46-acre Fox Farmstead parcel in Porter Maine and a conservation easement on the 3.2 acre Westover Lot (added to the existing Chadbourne-Hanscom Farm easement in Waterboro Maine). The second easement was appraised at $59,000 but no asset value is retained on the books. 18350 1100 0 Provided stewardship, education, and outreach on approximately 1,700 acres of land in and around Limington, Limerick, Baldwin, Porter, and Cornish, Maine. These properties conserve natural resources and provide for public access, enjoyment, and education. Stewardship included land taxes, and trail maintenance. The statewide recognized resource has an estimated 5,000 visitors a year, including school groups. Outreach included distributing 1,000 free hiking maps to the public, all to encourage hiking in the area. Granted $1,100 to the Town of Limington as Payment In Lieu of Taxes (PILOT). The organization also paid local property taxes of $4,116 in Limerick, Baldwin, Parsonsfield, Porter, and Cornish even though the organization could be technically exempted from such taxes. 2120 0 0 Continued our education outreach to local schools the "Water Literacy" program entitled "Get Wet" including water quality issues. Program was reduced from previous years due to COVID. Approximately 125 students were served by the program. We also worked on a "Forest Carbon Workshop" area on Sawyer Mountain where the public can measure the carbon content of the forest and can investigate ways to manage a forest for maximum carbon sequestration. Approximately twenty volunteers established the program and the forest plots are open to the public. 0 0 0 139776 1 1 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X X Richard Jarrett - Treasurer 2076372879 280 Tucker Road Limington ME 04049 X Donna Nelson President, Director 3 0 X X 0 0 0 Peter Zack Jr 1st Vice-President, Director 6 0 X X 0 0 0 Daniel Hester 2nd Vice-President, Director 16.00 0 X X 0 0 0 Elizabeth Burnett Secretary, Director 5 0 X X 0 0 0 Richard Jarrett Treasurer, Director 20 0 X X 0 0 0 Katherine Chaiklin Director 7.00 X 0 0 0 Nathan Burnett Director 3 0 X 0 0 0 Scott Cecil Director 3 0 X 0 0 0 John Lowry Director 2 0 X 0 0 0 Margaret Lowry Director 2 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 87759 809222 710000 896981 0 524 0 0 524 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 897505 0 0 524 1100 1100 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2160 2025 135 0 2363 2363 0 0 500 0 500 0 0 0 0 0 0 0 0 0 0 0 270 270 0 0 136 136 0 0 6386 5246 335 805 99 99 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6056 5358 698 0 Education 2120 2120 0 0 Voluntary Land Taxes 4116 4116 0 0 Acquiring new land parcels 61710 55033 0 6677 New conservation easements 61910 61910 0 0 0 0 0 0 148926 139776 1668 7482 9450 8967 123327 100998 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2089434 0 1311434 2089434 32204 27000 6250 6376 0 0 0 0 12100 5100 1494765 2237875 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 171231 143341 1323534 2094534 0 0 1494765 2237875 1494765 2237875 748579 -5469 0 0 0 0 X 0 0 0 X 36192 79221 124829 195985 896981 1333208 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 36192 79221 124829 195985 896981 1333208 3665 3620 5287 18827 13013 44412 0 0 0 0 0 0 3665 3620 5287 18827 13013 44412 1288796 2924 2897 2196 1021 524 9562 0 0 0 0 0 0 2924 2897 2196 1021 524 9562 0 0 0 0 0 0 0 0 0 0 0 0 39116 82118 127025 197006 897505 1342770 0.95980 0.90336 0.00712 0.02375 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 9 600.67 0 0 1 1 1 100 0 1 49954 8000 -5077 0 0 0 52877 34385 11500 4069 0 0 0 49954 64465 -34431 4351 0 0 0 34385 55462 0 9003 0 0 0 64465 48259 8328 -1125 0 0 0 55462 1 0 0 0 0 0 2089434 2089434 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2089434 Schedule D, Part II, Line 3 Schedule D, Part II, Line 3 - The 3.2 acre Westover Lot (2022) was added to the 64.93 acre Chadbourne-Hanscom Farm (2007) conservation easement to increase the protected acreage to 68.13. Schedule D, Part II, Line 5 Schedule D, Part II, Line 5 - Each easement property must be physically inspected at least once per year. If any problems are noted, a conversation must be initiated with the land owner to resolve the problem. If the problem cannot be resolved, then additional steps, including legal action, may be required to bring the property into conformance with the easement requirements. Thorough baseline documentation is prepared for newly acquired easements or any easement modification. FSHT is also a member of the Land Trust Alliance and we have agreed to follow those monitoring guidelines. Schedule D, Part II, Line 9 Schedule D, Part II, Line 9 - No land value for the conservation easement is carried as an asset on the organization's balance sheet. No revenues are realized or expected to be realized from the easements. Legal defense insurance is carried on each property and is reported as a program expense. Stewardship funds can be used for legal expense if required. Volunteer labor is utilized for monitoring. Schedule D, Part V, Line 4 Schedule D, Part V, Line 4 - The quasi-endowment funds (currently $52,877) are intended to be used as stewardship funds to protect and maintain properties and easements, including legal defense. X 2 710000 FMV Appraisal 2 0 1 0 Form 990, Part VI, Section A, Line 2 Form 990, Part VI, Section A, Line 2 - John Lowry and Margaret Lowry are husband and wife. Nathan Burnett and Elizabeth Burnett are husband and wife. Form 990, Part VI, Section A, Line 6 Form 990, Part VI, Section A, Line 6 - As specified by our Bylaws and Charter, FSHT is a non-stock, non-profit charitable and benevolent organization. A member is a person who agrees to the principles of the organization and makes a donation during the year. Members elect directors to the governing board from recommendations from the nominating committee. No financial benefit may pass to members. Form 990, Part VI, Section A, Line 7a Form 990, Part VI, Section A, Line 7a - Members elect directors (governing body) at the annual meeting. Form 990, Part VI, Section A, Line 7b Form 990, Part VI, Section A, Line 7b - Members must approve changes to the bylaws, charter, or the sale of land. Form 990, Part VI, Section B, Line 11b Form 990, Part VI, Section B, Line 11b - Electronic copies of the Form 990 and attachments are given to all board members for review and comment before filing. Form 990, Part VI, Section B, Line 12c Form 990, Part VI, Section B, Line 12c - The written Conflict of Interest policy in its Article VII specifies the responsibilities of the board for an annual review of the actual policy as well as the obligations and responsibilities of the directors. Form 990, Part VI, Section C, Line 19 Form 990, Part VI, Section C, Line 19 - Bylaws and selected documents are posted on the website. All other documents including the Form 990 are available upon request. A copy of the Form 990 is sometimes submitted with grant application. Form 8868 Automatic Extension for Time to File was filed. The IRS approved the extension.