2024-03-25T07:32:39-05:00 2023-06-30 010463013 Purdy Powers & Company 130 Middle Street Portland ME 04101 990 2022-07-01 222849309 Frenchman Bay Conservancy FREN 2074222328 PO Box 150 Hancock ME 04640 Bob Noddin Treasurer 2074222328 2024-03-11 1 Bob Noddin XXX-XX-XXXX 1 Maria M Happnie CPA P01793776 2077753496 2024-03-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Bob Noddin PO Box 150 Hancock ME 04640 8353309 0 X www.frenchmanbay.org X 1987 ME The mission of the Frenchman Bay Conservancy is to conserve distinctive ecosystems, lands, and waters for the benefit of all in the Union River and Frenchman Bay watersheds east to the Hancock County line. 13 13 8 60 0 0 1452459 7590281 0 0 374462 171377 11850 1500 1838771 7763158 0 0 0 0 355614 473882 0 0 344058 355767 2242830 711381 2716712 1127390 5046446 6160152 11357220 92773 63061 6067379 11294159 The mission of the Frenchman Bay Conservancy is to conserve distinctive ecosystems, lands, and waters for the benefit of all in the Union River and Frenchman Bay watersheds east to the Hancock County line. 0 0 2115936 1500 Preservation and stewardship of natural resources through the acquisition, monitoring, and maintenance of land and conservation easements (the Conservancy owns thirty-three properties and holds forty-four easements). 108452 Public education in regard to the preservation and conservation of natural resources and habitat (including publication of newsletter and sponsoring of seminars). 2224388 1 1 0 0 0 0 1 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 21 0 1 8 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X Thomasina Dibiase 2074222328 72 Tidal Falls Road Hancock ME 04640 Ann Amstutz-Hayes Director 5.00 X 0 0 0 Becky O'Keefe Director 5.00 X 0 0 0 Robert Noddin Treasurer 15.00 X X 0 0 0 David Manski Director 2.00 X 0 0 0 Iris Simon Director 2.00 X 0 0 0 Lee Fairbanks Director 10.00 X 0 0 0 Linda Welch Director 2.00 X 0 0 0 Lisa Heyward Vice President 20.00 X X 0 0 0 Mary Brennan Secretary 10.00 X X 0 0 0 Nate Hanson Director 5.00 X 0 0 0 Patrick Wilson Director 2.00 X 0 0 0 Paul Parshley President 25.00 X X 0 0 0 Rebecca Sargent Director 5.00 X 0 0 0 Aaron Dority Executive Director 40.00 X 92983 0 4649 92983 0 4649 0 0 0 0 0 860392 6729889 241642 7590281 47345 47345 714183 590151 124032 124032 124032 Membership Dues 900099 1500 1500 1500 7763158 1500 0 171377 92983 48163 22550 22270 314294 162798 76220 75276 17505 9067 4245 4193 16630 8614 4033 3983 32470 16819 7874 7777 9982 9615 367 24116 23275 841 168037 1562 239 166236 7830 7830 5744 3362 1142 1240 11870 6148 2879 2843 4540 3818 722 47931 46666 1265 14585 13344 1094 147 Easement Acquisitions 1260269 1260269 0 0 Impairment Expense 439013 439013 0 0 Contractors 75900 56400 0 19500 Dues and Subscriptions 43517 38949 1288 3280 129496 91951 1795 35750 2716712 2224388 148266 344058 162153 188947 872780 1556315 389690 4251141 58589 153381 1594855 251000 1324476 1343855 2395433 2824501 957031 1039080 6160152 11357220 92773 63061 92773 63061 X 2970439 5695191 3096940 5598968 6067379 11294159 6160152 11357220 X 5046446 191984 -12843 1193 X X 0 1 X 1 1 1 X 925343 688625 1700140 1452459 7590281 12356848 925343 688625 1700140 1452459 7590281 12356848 12356848 34453 950 34062 44329 47345 161139 2263 2263 9496 2476 11850 1500 25322 12545572 0.98500 0.97060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 44 6971.00 1 1 50.00 5500 1596850 5000 237758 1839608 1859134 10000 -230163 42121 1596850 1188423 305000 365711 1859134 1131944 81479 25000 1188423 997246 10000 131553 6855 1131944 0.42740 0.32590 0.24670 0 0 1498891 195300 1303591 85945 47158 38787 10019 8542 1477 1343855 Conservation Land 1039080 1039080 X 7943492 193177 193177 7750315 12843 12843 7763158 2716712 0 2716712 0 2716712 Part II, Line 5: Summary of organization's easement monitoring and enforcement policy and practice. The legal language of the organization's easements covers the organization's rights to monitor and enforce our easement covenants. --Signed and notarized easements are recorded in the Hancock County, Maine, Registry of Deeds. Originals, copies, and a flash drive with electronic copies are stored in a bank safe deposit box. Hard copies and electronic copies are filed in the office and at our attorney's office. --The baselines are created by a professional contractor in a standard format containing all necessary and pertinent data, including the easement, and GPS and photographic documentation of the condition of the land at commencement of the easement. --FBC monitors each of our easements once a year. We send a report to the grantor and file a copy in the office. Monitoring is done by a professional contractor accompanied by volunteers and/or staff. Monitoring work is supported by a field file that contains all the necessary information about the easement and the condition of the property. --FBC files a report listing the date of the monitoring visit with the Maine Department of Conservation. --Any easement violations are listed in the report and sent to the grantor with recommendation for remedy. Generally, the violations are corrected in collaboration with the FBC staff. FBC has not experienced easement violations that are violation of local, state, or federal laws. If this occurs FBC will report the violation to the appropriate state, local, or federal authorities for enforcement. --FBC follows up on violations with a return visit to verify that the violation has been remedied. --In the event of uncorrected violations and/or recalcitrant violators, FBC will draw from our easement stewardship fund to seek a legal remedy. Part II, Line 9: Organization does not record convservation easements on its balance sheet and donations of easements are not reflected as income. Monitoring and stewardship expenses are expensed as incurred. Text of financial statement footnote: "Easements are deemed to be without economic value to the organization and therefore are valued at zero for accounting purposes." Part V, Line 4: Support the general operations and programs of the organization. Part X, Line 2: Frenchman Bay Conservancy has adopted the provisions of FASB ASC 740, Income Taxes. Management of Frenchman Bay Conservancy believes it has no material uncertain tax positions and, accordingly it will not recognize any liability for unrecognized tax benefits. X X X X X 1 Gary Friedman and Associates 19 First South Street Bar Harbor ME 04609 0 0 166000 -166000 166000 -166000 X 2 235200 Appraisal X Materials 3 6442 Fair Market Value 0 0 0 Form 990, Part VI, Section A, line 6 Any person that pays the corporation's basic membership dues or makes an acceptable contribution in cash or kind shall become a voting member of the corporation, in good standing, for the corporation's fiscal year for which such dues or contribution has been made. Contributions received by the corporation during a fiscal year shall also confer, as of the end of such fiscal year, voting rights for the next succeeding annual meeting of members. Form 990, Part VI, Section A, line 7a Board members are elected to three year terms by the membership at the annual meeting in August. Form 990, Part VI, Section B, line 11b Draft 990 will be shared with all members and comments, questions or concerns shall be collected during a board meeting. Comments, questions or concerns will be addressed and corrected/updated as necessary prior to confirming 990 filing with Purdy Powers. Form 990, Part VI, Section B, line 12c As the organization is relatively small, the Board Chair will monitor for conflicts throughout the year, consulting with affected directors as potential conflicts are identified and resolved appropriately. Form 990, Part VI, Section B, line 15a The Board of Directors reviews and approves the compensation of the executive director, using comparability data for similarly structured non-profit organizations. Form 990, Part VI, Section C, line 19 Governing documents, relevant policies, and financial statements are available upon request. Form 990, Part XI, line 9: Change in Beneficial Interest 1,193. Form 990, Part XII, Line 2c: The process has not changed from the prior year.