2023-05-11T14:18:23-05:00 2022-12-31 111986323 MARCUM LLP 1 CANAL PLAZA 4TH FLOOR PORTLAND ME 04101 990 2022-01-01 010527044 OCTOBER CORPORATION OCTO 2078796280 THREE CANAL PLAZA PO BOX 17516 PORTLAND ME 041128516 CRAIG DENEKAS PRESIDENT 2078796280 2023-05-11 1 CRAIG DENEKAS 999009999 1 KIRK PURVIS P00439837 2073527600 2023-05-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CRAIG DENEKAS THREE CANAL PLAZA BOX 17516 PORTLAND ME 041128516 10515879 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 451541 546070 -1849294 -2358798 -1397753 -1812728 0 0 0 0 0 0 0 0 0 0 0 0 0 -1397753 -1812728 65654682 59502201 525216 525388 65129466 58976813 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 20 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 PRESIDENT, DIRECTOR 1.00 50.00 X X 14500 414445 79135 OWEN W WELLS DIRECTOR 1.00 30.00 X 14500 114434 52649 PENDRED E NOYCE DIRECTOR 1.00 10.00 X 14500 14500 0 WILLIAM J RYAN DIRECTOR 1.00 10.00 X 14500 14500 0 JERE G MICHELSON VICE-PRESIDENT 1.00 50.00 X 0 389952 62091 ERIK K HAYWARD EXECUTIVE VICE-PRESIDENT 1.00 40.00 X 0 275028 63551 PAUL PIETROPAOLI EXECUTIVE VICE-PRESIDENT 1.00 40.00 X 0 275111 80027 JENNIFER COOK ACCOUNTING ASSISTANT 1.00 40.00 X 0 125001 42256 KATHI GIEDRIS ADMINISTRATIVE ASSISTANT 1.00 40.00 X 0 125001 42873 58000 1747972 422582 0 0 1 0 SHAW BROTHERS CONSTRUCTION INC PO BOX 69 GORHAM ME 04038 CONSTRUCTION 608349 UNITY COLLEGE 70 FARM VIEW DRIVE SUITE 200 NEW GLOUCESTER ME 04260 CONSTRUCTION 509345 BW & SONS ROOFING INC 403 BATH RD BRUNSWICK ME 04011 ROOFING CONTRACTOR 207750 BOULOS PROPERTY MANAGEMENT ONE CANAL PLAZA PORTLAND ME 04101 PROPERTY MANAGER 192697 COUNTRY PRIDE CLEANING PO BOX 609 CORINTH ME 04427 CLEANING 161701 5 322 322 4183414 6542212 -2358798 -2358798 -2358798 6332143 5786395 545748 545748 545748 -1812728 0 0 -1812728 0 0 0 0 537632 35670 4146 8092 7582 112530016 54379295 64561972 58150721 550932 1300136 65654682 59502201 280820 316243 65502 33567 178894 175578 525216 525388 X 65129466 58976813 65129466 58976813 65654682 59502201 X -1812728 -4339925 X 0 1 X 1 0 X 1 500.00 1 0 11312649 11312649 97042872 51107034 45935838 4174495 3272261 902234 58150721 TENANT SECURITY DEPOSITS 175578 175578 4729484 0 4729484 -6542212 -6542212 -1812728 6542212 6542212 6542212 0 0 0 PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE -6,542,212. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 6,542,212. PART II, LINE 2A NET ASSETS CONTRIBUTED FROM/TO LIBRA FOUNDATION $4,339,925. CONSERVATION EASEMENTS ARE NOT REPORTED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. 0 0 0 CRAIG N DENEKAS PRESIDENT, DIRECTOR 14500 414445 0 0 0 0 30500 0 48635 0 93635 414445 0 0 JERE G MICHELSON VICE-PRESIDENT 0 389952 0 0 0 0 30500 0 31591 0 62091 389952 0 0 PAUL PIETROPAOLI EXECUTIVE VICE-PRESIDENT 0 275111 0 0 0 0 28232 0 51795 0 80027 275111 0 0 ERIK K HAYWARD EXECUTIVE VICE-PRESIDENT 0 275028 0 0 0 0 28091 0 35460 0 63551 275028 0 0 OWEN W WELLS DIRECTOR 14500 114434 0 0 0 0 10586 0 42063 0 67149 114434 0 0 KATHI GIEDRIS ADMINISTRATIVE ASSISTANT 0 125001 0 0 0 0 12500 0 30373 0 42873 125001 0 0 JENNIFER COOK ACCOUNTING ASSISTANT 0 125001 0 0 0 0 12500 0 29756 0 42256 125001 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 1,987,000. UNRESTRICTED NET ASSETS PAID TO LIBRA FOUNDATION -6,326,925. 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 4339925