2024-05-13T14:44:27-05:00 2023-12-31 111986323 MARCUM LLP 1 CANAL PLAZA 4TH FLOOR PORTLAND ME 04101 990 2023-01-01 010527044 OCTOBER CORPORATION OCTO 2078796280 THREE CANAL PLAZA PO BOX 17516 PORTLAND ME 041128516 CRAIG DENEKAS PRESIDENT 2078796280 2024-05-10 1 CRAIG DENEKAS 999009999 1 KIRK PURVIS P00439837 2073527600 2024-05-09 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z CRAIG DENEKAS THREE CANAL PLAZA BOX 17516 PORTLAND ME 041128516 4919110 0 X N/A X 1994 ME TO HOLD TITLE TO REAL ESTATE ON BEHALF OF LIBRA FOUNDATION; RECEIVE ALL NET RENTAL INCOME AND DISTRIBUTE IT TO LIBRA FOUNDATION. 4 2 0 0 0 0 0 0 0 0 546070 231395 -2358798 -2628799 -1812728 -2397404 0 0 0 0 0 0 0 0 0 0 0 0 0 -1812728 -2397404 59502201 58318445 525388 632707 58976813 57685738 TO HOLD TITLE TO REAL ESTATE ON BEHALF OF LIBRA FOUNDATION; RECEIVE ALL NET RENTAL INCOME AND DISTRIBUTE IT TO LIBRA FOUNDATION. 0 0 THE ORGANIZATION RECEIVED NET RENTAL INCOME FROM PROPERTIES HELD FOR THE LIBRA FOUNDATION. 0 0 0 0 0 1 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 25 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X JERE MICHELSON 2078796280 THREE CANAL PLAZA PO BOX 17516 PORTLAND ME 041128516 CRAIG N DENEKAS CHAIRMAN & CEO 1.00 50.00 X X 14500 434729 82264 OWEN W WELLS DIRECTOR 1.00 30.00 X 14500 114518 59572 PENDRED E NOYCE DIRECTOR 1.00 10.00 X 14500 13500 0 WILLIAM J RYAN DIRECTOR 1.00 10.00 X 14500 14500 0 JERE G MICHELSON PRESIDENT, COO & CFO 1.00 50.00 X 0 410228 68839 ERIK K HAYWARD EXECUTIVE VICE-PRESIDENT 1.00 40.00 X 0 290168 66830 PAUL PIETROPAOLI EXECUTIVE VICE-PRESIDENT 1.00 40.00 X 0 290168 83471 JENNIFER COOK ACCOUNTING ASSISTANT 1.00 40.00 X 0 130062 44018 KATHI GIEDRIS ADMINISTRATIVE ASSISTANT 1.00 40.00 X 0 130062 44923 58000 1827935 449917 0 0 1 0 STROUDWATER CONSTRUCTION CO INC 390 US ROUTE ONE FALMOUTH ME 04105 CONSTRUCTION 510996 DOTEN'S CONSTRUCTION INC 396 US ROUTE ONE FREEPORT ME 04032 CONSTRUCTION 430058 SHAW BROTHERS CONSTRUCTION INC PO BOX 69 GORHAM ME 04038 CONSTRUCTION 393174 COPP EXCAVATING INC PO BOX 285 LISBON ME 04250 EXCAVATION 284492 PR WEBSTER PO BOX 1867 WINDHAM ME 04062 LANDSCAPING 227162 8 340 340 4289395 6918194 -2628799 -2628799 -2628799 629375 398320 231055 231055 231055 -2397404 0 0 -2397404 0 0 0 0 35670 161331 8092 26583 7582 8920 113256091 57054041 58150721 56202050 1300136 1919561 59502201 58318445 316243 383636 33567 48553 175578 200518 525388 632707 X 58976813 57685738 58976813 57685738 59502201 58318445 X -2397404 1106329 X 0 1 X 1 0 X 1 500.00 1 0 10919112 10919112 98016096 53363724 44652372 4320883 3690317 630566 56202050 TENANT SECURITY DEPOSITS 200518 200518 4520790 0 4520790 -6918194 -6918194 -2397404 6918194 6918194 6918194 0 0 0 PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE -6,918,194. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 6,918,194. PART II, LINE 2A NET ASSETS CONTRIBUTED FROM/TO LIBRA FOUNDATION $1,106,329. CONSERVATION EASEMENTS ARE NOT REPORTED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. 0 0 0 CRAIG N DENEKAS CHAIRMAN & CEO 14500 434729 0 0 0 0 33000 0 49264 0 96764 434729 0 0 JERE G MICHELSON PRESIDENT, COO & CFO 0 410228 0 0 0 0 33000 0 35839 0 68839 410228 0 0 PAUL PIETROPAOLI EXECUTIVE VICE-PRESIDENT 0 290168 0 0 0 0 29862 0 53609 0 83471 290168 0 0 ERIK K HAYWARD EXECUTIVE VICE-PRESIDENT 0 290168 0 0 0 0 29655 0 37175 0 66830 290168 0 0 OWEN W WELLS DIRECTOR 14500 114518 0 0 0 0 10682 0 48890 0 74072 114518 0 0 KATHI GIEDRIS ADMINISTRATIVE ASSISTANT 0 130062 0 0 0 0 13000 0 31923 0 44923 130062 0 0 JENNIFER COOK ACCOUNTING ASSISTANT 0 130062 0 0 0 0 13000 0 31018 0 44018 130062 0 0 PART I, LINE 3 THE CEO COMPENSATION IS SET BY THE BOARD OF TRUSTEES OF A RELATED ORGANIZATION FOLLOWING REVIEW OF MARKET ANALYSIS WITH LIKE ORGANIZATIONS AND THE GENERAL ECONOMIC ENVIRONMENT WITHIN THE STATE OF MAINE. ADDITIONALLY THE RELATED PARTY PERIODICALLY ENGAGES NATIONALLY RECOGNIZED COMPENSATION CONSULTANTS TO REVIEW THE COMPENSATION PRACTICES. FORM 990, PART VI, SECTION B, LINE 11B BOARD OF DIRECTORS REVIEW FORM 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE POLICIES. FORM 990, PART VI, SECTION B, LINE 15 THE CEO COMPENSATION IS SET BY THE BOARD OF TRUSTEES OF A RELATED ORGANIZATION FOLLOWING REVIEW OF MARKET ANALYSIS WITH LIKE ORGANIZATIONS AND THE GENERAL ECONOMIC ENVIRONMENT WITHIN THE STATE OF MAINE. ADDITIONALLY THE RELATED PARTY PERIODICALLY ENGAGES NATIONALLY RECOGNIZED COMPENSATION CONSULTANTS TO REVIEW THE COMPENSATION PRACTICES. FORM 990, PART VI, SECTION C, LINE 19 OCTOBER CORPORATION MAKES ITS FINANCIAL REPORTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: UNRESTRICTED NET ASSETS CONTRIBUTED BY LIBRA FOUNDATION 1,306,329. UNRESTRICTED NET ASSETS PAID TO LIBRA FOUNDATION -200,000. LIBRA FOUNDATION THREE CANAL PLAZA PORTLAND ME 041128516 046626994 TRANSFERRED FUNDS TO PAY FOR OPERATIONS. ME 501(C)(3) 0 AUGUST CORPORATION THREE CANAL PLAZA PORTLAND ME 041128516 611811938 RECEIVES NET RENTAL INCOME FROM PROPERTIES HELD BY LIBRA FOUNDATION ME 501(C)(2) 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 LIBRA FOUNDATION P 1106329