2025-05-14T10:07:34-04:00 2024-06-30 010440155 RUNYON KERSTEEN OUELLETTE 20 LONG CREEK DR SOUTH PORTLAND ME 04106 990 2023-07-01 010380763 LAUDHOLM TRUST LAUD 2076464521 PO BOX 1007 WELLS ME 04090 NICHOLAS CHAROV PRESIDENT 2076464521 2025-05-14 true AMY CHASSE P00967183 2077732986 2025-05-14 2023 2025-03-06 01:10:19Z NICHOLAS CHAROV PO BOX 1007 WELLS ME 04090 927079 false X WWW.LAUDHOLM.ORG X 1982 ME LAUDHOLM TRUST IS DEDICATED TO ADVANCING THE COASTAL RESEARCH, EDUCATION, AND STEWARDSHIP PROGRAMS OF THE WELLS RESERVE AND TO PRESERVING ITS HISTORIC BUILDINGS. LAUDHOLM TRUST STRIVES TO EXTEND ITS UNIQUE LEGACY BY GALVANIZING COMMUNITY SUPPORT AND INSPIRING ACTIONS THAT PROTECT MAINE'S COASTAL ENVIRONMENT. 12 12 5 250 0 601654 534971 0 136672 158758 216420 178782 954746 872511 520505 423962 0 354800 441664 0 232502 166937 191761 1042242 1057387 -87496 -184876 11057109 11913136 172305 131683 10884804 11781453 X LAUDHOLM TRUST IS DEDICATED TO ADVANCING THE COASTAL RESEARCH, EDUCATION, AND STEWARDSHIP PROGRAMS OF THE WELLS RESERVE AND TO PRESERVING ITS HISTORIC BUILDINGS. LAUDHOLM TRUST STRIVES TO EXTEND ITS UNIQUE LEGACY BY GALVANIZING COMMUNITY SUPPORT AND INSPIRING ACTIONS THAT PROTECT MAINE'S COASTAL ENVIRONMENT. false false 605865 423962 THE TRUST OPERATES TO SUPPORT THE COASTAL RESEARCH, EDUCATION, AND STEWARDSHIP PROGRAMS OF THE WELLS NATIONAL ESTUARINE RESEARCH RESERVE AND THE PRESERVATION AND MAINTENANCE OF ITS HISTORIC LAUDHOLM FARM CAMPUS. PROGRAM SERVICES PROFERRED BY THE TRUST INCLUDE CASH CONTRIBUTIONS MADE TO OR ON BEHALF OF THE WELLS NATIONAL ESTUARINE RESEARCH RESERVE, AS WELL AS DONATED STAFF AND VOLUNTEER TIME. 605865 true true false false false false false false false true true false false true true true true false false false false false false false true false false true false false false false false false false false false true true true false false false false false false false true 4 0 true 5 true false false false false false false false false false false false false false false X 12 12 false false false false true true false true true false false true true true true true false true false false X X X NICHOLAS CHAROV 2076464521 342 LAUDHOLM FARM ROAD PO BOX 1007 WELLS ME 04090 NICHOLAS CHAROV PRESIDENT 40.00 X 100464 0 24345 HAL MULLER CHAIR 2.00 X X 0 0 0 BRUCE BJORK VICE CHAIR & 2.00 X X 0 0 0 PENNY SPAULDING SECRETARY 2.00 X X 0 0 0 MARK BALFANTZ CLERK & COUN 2.00 X X 0 0 0 JOHN CARPENTER TRUSTEE 2.00 X 0 0 0 DAVID FOREST TRUSTEE 2.00 X 0 0 0 BETH GEARY TRUSTEE 2.00 X 0 0 0 STEPHEN GIANNETTI TRUSTEE 2.00 X 0 0 0 DENISE LAROCHE TRUSTEE 2.00 X 0 0 0 JEN LAVIN TRUSTEE 2.00 X 0 0 0 MARGO SMITH TRUSTEE 2.00 X 0 0 0 SUE RIOUX TRUSTEE 2.00 X 0 0 0 100464 24345 1 false false false 201753 18500 314718 40877 534971 159149 159149 88675 10627 78048 78048 78048 391 -391 -391 -391 135566 18500 39007 96559 96559 8718 4543 4175 4175 872511 337540 423962 423962 128781 31985 39331 57465 206100 48893 64455 92752 6384 1878 1757 2749 78673 23145 21656 33872 21726 4945 8558 8223 17750 17750 37940 37940 28583 635 16524 11424 18112 18112 38789 21407 2899 14483 4048 4048 615 615 6789 6789 TRAINING 29729 28892 419 418 DONOR RECOGNITION AND CUL 6747 6747 MISCELLANEOUS 1851 1851 DUES & SUBSCRIPTIONS 641 160 160 321 167 167 1057387 605865 219020 232502 45412 51195 538207 492379 10000 5374 3655 4918 4991 7513 2966 118049 13152 105512 104897 9134068 9967241 1206105 1285812 11057109 11913136 19860 23898 145620 103060 6825 4725 172305 131683 X 3160397 3394190 7724407 8387263 10884804 11781453 11057109 11913136 X -184876 1004218 77307 X false true X true false X 393141 590856 535591 601654 534971 2656213 393141 590856 535591 601654 534971 2656213 178289 2477924 26849 19590 147935 120000 88675 403049 109179 99526 95521 135365 158149 597740 165001 9364 86573 144849 144284 550071 4207073 5568 0.58900 0.58940 X PART II, LINE 10 OTHER INCOME 405,787 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9498622 26563 1125036 367053 10283168 8373958 214908 1142176 232420 9498622 9380134 7742 -764900 248712 8374264 7444667 217787 1973659 255979 9380134 7050370 17503 603022 226228 7444667 0.31130 0.23080 0.45790 false false 97950 97950 20099 13152 6947 104897 INTEREST IN PERPETUAL TRUSTS 1281087 RIGHT OF USE ASSET 4725 1285812 RIGHT OF USE LIABILITY 4725 4725 X 1916096 1004218 77307 1081525 834571 37940 37940 872511 1019447 1019447 37940 37940 1057387 SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT FUNDS ARE USED TO SUPPORT THE ORGANIZATION'S PRIMARY TAX EXEMPT PURPOSE OF SUPPORTING THE WELLS NATIONAL ESTUARINE RESEARCH RESERVE. THE INCOME FROM PERMANENTLY RESTRICTED ENDOWMENT FUNDS IS USED IN SUPPORT OF EDUCATIONAL AND RESEARCH PROGRAMS, AS INTENDED BY DONORS. SCHEDULE D, PAGE 3, PART X ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE TRUST AND RECOGNIZE A TAX LIABILITY IF THE TRUST HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAXING AUTHORITIES. THE TRUST IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. SCHEDULE D, PAGE 4, PART XI, LINE 2D CHANGE IN VALUE OF PERPETUAL TRUSTS 81,807 CHANGE IN ANNUITY OBLIGATIONS -4,500 OTHER EVENTS 154066 18500 135566 39007 154066 18500 135566 39007 39007 96559 false WELLS NATIONAL ESTUARINE RESEARCH R 342 LAUDHOLM FARM ROAD WELLS ME 04090 010459976 170C1 423962 COST SUPPORT SCHEDULE I, PAGE 1, PART I, LINE 2 THE TRUST MAKES GRANTS TO THE WELLS RESERVE WHICH ARE TREATED AS MATCHING FUNDS FOR FEDERAL GRANTS RECEIVED BY THE RESERVE. ALL GRANTS ARE CAREFULLY MONITORED BY THE RESERVE AND RECORDS ARE MADE AVAILABLE TO THE TRUST REGULARLY FOR REVIEW. NICHOLAS CHAROV PRESIDENT BOARD MEMBER 423962 FUNDING PROVIDED false SCHEDULE L, PART V NICHOLAS CHAROV, PRESIDENT OF LAUDHOLM TRUST, IS ALSO THE BOARD-CHAIR OF THE WELLS NATIONAL ESTUARINE RESEARCH RESERVE MANAGEMENT AUTHORITY (WNERR). LAUDHOLM TRUST PROVIDED ASSISTANCE TO THE WNERR, CONSISTENT WITH THE ORGANIZATION'S PRIMARY TAX EXEMPT PURPOSE. X 1 400 FAIR MARKET VALUE X 2 37142 X SUPPLIES 2 3335 FAIR MARKET VALUE X EQUIPMENT 3 FAIR MARKET VALUE false false false FORM 990 - ORGANIZATION'S MISSION LAUDHOLM TRUST IS DEDICATED TO ADVANCING THE COASTAL RESEARCH, EDUCATION, AND STEWARDSHIP PROGRAMS OF THE WELLS RESERVE AND TO PRESERVING ITS HISTORIC BUILDINGS. LAUDHOLM TRUST STRIVES TO EXTEND ITS UNIQUE LEGACY BY GALVANIZING COMMUNITY SUPPORT AND INSPIRING ACTIONS THAT PROTECT MAINE'S COASTAL ENVIRONMENT. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION CONSISTS OF MEMBERS WHO MUST PAY ANNUAL DUES FIXED BY THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS ELECT THE TRUSTEES AND THE TRUSTEES ELECT THE OFFICERS OF THE BOARD. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE PRESIDENT, THE TREASURER, AND THE BOARD OF TRUSTEES BEFORE BEING FILED. THEY ARE ALSO AVAILABLE ONLINE AT WELLSRESERVE.ORG AND ARE EMAILED TO MEMBERS. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY BY MONITORING THE BOARD AND EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 15A A YEARLY REVIEW OF THE MAINE ASSOCIATION OF NON-PROFIT SALARY AND BENEFITS SURVEY IS UTILIZED TO DETERMINE COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE OFFICE OF LAUDHOLM TRUST UPON REQUEST. THEY ARE ALSO AVAILABLE AT THE ANNUAL MEETING AND SENT TO MEMBERS ANNUALLY. FORM 990, PART XI, LINE 9 CHANGE IN VALUE OF PERPETUAL TRUSTS 81,807 CHANGE IN ANNUITY OBLIGATIONS -4,500 TOTAL 77,307