2026-01-30T13:12:19-06:00 2025-06-30 010463013 Purdy Powers & Company 130 Middle Street Portland ME 04101 990 2024-07-01 222658964 Midcoast Conservancy MIDC 2073895150 PO Box 1199 Waldoboro ME 04572 Kathy Stevens President 2073895150 2026-01-28 1 1 Maria M Happnie CPA P01793776 2077753496 2026-01-28 2024 2025-03-06 01:10:19Z X Kathy Stevens PO Box 1199 Waldoboro ME 04572 2488564 0 X www.midcoastconservancy.org X 1970 ME Protection of vital lands and waters in midcoast Maine. 11 11 22 200 0 0 2542622 1683849 83043 69526 68556 152464 42405 31204 2736626 1937043 0 0 0 0 1039632 1012534 0 0 265471 1330047 1366689 2369679 2379223 366947 -442180 13257362 11008428 908563 539470 12348799 10468958 X The mission of Midcoast Conservancy is to protect vital lands and waters on a scale that matters and to inspire wonder and action on behalf of all species and the Earth. 0 0 1368687 57442 Land: - Permanently protected 328 acres in Waldo County, Maine, with public access.- Additionally, helped Friends of Haystack Mountain Protect the 58-acre property in Liberty and subsequently transferred it to Georges River Land Trust.- Protected 48 new acres in Kennebec County, Maine, through conservation easements.- Monitored over 15,000 acres of conserved lands and implemented or continued restorative and habitat management work such as invasive species control, field maintenance, forest stand improvement and wetland restoration where appropriate. - Conducted trail maintenance on our 95+ miles of trails. 308424 6710 Water:- Continued water quality monitoring in Medomak River Estuary and Sheepscot River and Damariscotta Lake Watersheds. - Partnered with Bigelow Laboratory for Ocean Sciences to monitor and test levels of cyanobacteria in Damariscotta Lake. - Completed second season of public health monitoring on Damariscotta Lake. - Continued to advance a fish passage project on the Sheepscot River at Maxcy's Mills in Windsor. 217026 5374 Community:- Hosted three free public events focused on our 3 watershed areas: Damariscotta Lake, Medomak River and Sheepscot River. - Hosted educational and outdoor recreational programs for the public on our preserves including our Hidden Valley Nature Center.- Served 6 local schools for outdoor lessons in environmental education at Hidden Valley Nature Center. Healthy Organization:- Consolidated office space by moving staff from Edgecomb Headquarters to our existing Waldoboro Office or our Hidden Valley Nature Center Welcome Center. - Completed strategic planning process adopting and publishing a three year strategic plan to guide organizational priorities through 2028. 1894137 1 1 0 0 0 0 1 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 30 0 1 22 1 0 0 0 0 0 1 1 0 0 0 0 X 11 11 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X Kristin Pennock 2073895150 PO Box 1199 Waldoboro ME 04572 Andy Brand Director 1.00 X 0 0 0 Brent Douglass Director 1.00 X 0 0 0 Buck O'Herin President 20.00 X X 0 0 0 Carolyn Gabbe Director 4.00 X 0 0 0 Chris Kenoyer Director 2.00 X 0 0 0 Chuck Dinsmore Director 4.00 X 0 0 0 Joanne Steneck Vice President 10.00 X X 0 0 0 Justin Ward Treasurer 10.00 X X 0 0 0 Kathy Stevens Director 4.00 X 0 0 0 Liz Petruska Director 4.00 X 0 0 0 Sally Butler Secretary 5.00 X X 0 0 0 Kristin Pennock Co-Executive Director 40.00 X 72141 0 12872 Timothy Trumbauer Co-Executive Director 40.00 X 55308 0 10950 Sarah Giffen Carr Co-Executive Director 40.00 X 24319 0 3068 151768 0 26890 0 0 0 0 0 81423 1602426 40995 1683849 Program Service Fees 611600 69526 69526 69526 78246 78246 34720 37101 -2381 -2381 -2381 80777 468964 0 475523 80777 -6559 74218 74218 17875 38897 -21022 -21022 Other Income 459900 54607 54607 54607 1937043 69526 0 183668 151768 111943 21212 18613 689909 508873 96425 84611 22936 17607 3463 1866 78652 57375 6569 14708 69269 51476 9890 7903 14268 14068 200 24369 24369 221873 138178 8307 75388 3607 3088 519 24748 14919 2736 7093 25304 14316 8715 2273 15302 1219 12231 1852 5347 4736 611 1162 1162 22658 18431 2251 1976 35550 22981 11089 1480 58191 51373 4270 2548 Impairment Expense 743838 743838 Supplies 65083 32590 497 31996 Grants and Transfers to 40411 40411 Real Estate Taxes 25231 20643 4339 249 39747 24910 3052 11785 2379223 1894137 219615 265471 121238 162881 5272 5258 77500 39500 199800 2070 28630 21959 1450312 453477 1015626 996835 2075623 2000639 9733673 7779286 13257362 11008428 114086 161082 44935 2108 20000 749542 356280 908563 539470 X 9845275 8129356 2503524 2339602 12348799 10468958 13257362 11008428 -442180 69673 73843 -9877 -1571300 0 X X 0 1 X 1 0 X 1138072 2014431 2509276 2542622 1683849 9888250 1138072 2014431 2509276 2542622 1683849 9888250 9888250 50544 59133 64043 68556 78246 320522 10208772 337808 0.96860 0.97210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 102 6975.80 2 1 1 437.00 16620 1718312 25200 197829 146983 1794358 1731633 31477 203726 248524 1718312 1902601 24923 169305 365196 1731633 2254408 29400 -285600 65607 1932601 2399691 42716 369934 547048 10885 2254408 0.07400 0.18300 0.74300 0 0 103000 103000 1020925 208316 812609 296387 245161 51226 30000 30000 996835 Deposits 9250 Property Held for Sale 105000 Trust Property 7665036 7779286 X 2107783 69673 73843 143516 1964267 9877 -37101 -27224 1937043 2416324 37101 37101 2379223 0 2379223 Part X, Line 2: Midcoast Conservancy is exempt from federal income taxes under Section 501(c)(3) of the internal revenue code and has also been determined by the Internal Revenue Service not to be a "private foundation" within the meaning of Section 509(A)(1) of the code. Management believes it has no uncertain tax positions with the Internal Revenue Service that require disclosure in the financial statements. Part XI, Line 4b - Other Adjustments: Rental expenses Part XII, Line 2d - Other Adjustments: Rental expenses Part II, Line 5 - Monitoring and Enforcement Policy The Organization has a written policy. Part II, Line 9 - Accounting for Conservation Easements Purchased easements restricting the use of land are charged to expense in the year of purchase. Donated easements are carried at no value. Ticket Sales 17875 17875 38897 17875 17875 38897 38897 -21022 Sally Butler Roof repairs X 20000 20000 0 1 1 20000 X 1 25000 FMV X Goods 32 15995 FMV 0 0 0 Form 990, Part VI, Section A, line 6 Membership is open to anyone who donates or volunteers for the organization. Membership benefits include discounts at the organization's huts and camps, programs and workshops, free access to the Hidden Valley Nature Center and receipt of a biannual newsletter. Form 990, Part VI, Section A, line 7a The membership annually votes on the entire slate of directors up for a term renewal or to fill vacancies. The directors are responsible for all decisions of the organization. Form 990, Part VI, Section B, line 11b The Finance Committee receives a copy of the 990 and financial statements in advance of a meeting of the committee. The committee reviews the documents in detail and recommends approval by the Board of Directors. The Board of Directors then review and approve the 990 and the financial statements prior to filing of the 990. Form 990, Part VI, Section B, line 12c Each director, officer, employee and committee member shall be provided with and asked to review a copy of Midcoast Conservancy's conflict of interest policy and to acknowledge in writing that he or she has done so. Annually (or more frequently should conflicts arise) each director, officer, employee and committee member shall complete a disclosure form identifying any relationships, positions, or circumstances in which s/he is involved that he or she believes could contribute to a conflict of interest. Form 990, Part VI, Section B, line 15 Compensation process for top officials - Midcoast Conservancy relies on two surveys to determine the compensation for its key employees. One survey produced by the land trust alliance every three years provided summaries of salaries for executive directors and key land trust staff jobs. The data is broken down by region and state when possible. We also review the survey produced by the Maine Association of Nonprofits which comes out annually. The co-executive directors, in consultation with the board, set the salary for the staff and the executive committee of the board sets the salary for the co-executive directors. Form 990, Part VI, Section C, line 19 Governing documents disclosure explanation - The Midcoast Conservancy's governing documents, conflict of interest policy and financial statements are maintained in the Midcoast Conservancy's office and are available to the public during standard business hours. Midcoast Conservancy's Form 990 is posted on its website as well as on Guidestar. Form 990, Part XII, Line 2c: This process has not changed from the prior year.