2023-06-14T08:55:33-05:00 2022-12-31 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2022-01-01 010425071 Friends of Acadia FRIE 2072883340 PO Box 45 Bar Harbor ME 046090045 Jason Irwin Vice President/CFO 2072883340 2023-06-09 1 Jason Irwin 999009999 1 Barbara J McGuan CPA P00219457 2077752387 2023-06-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Jack Kelly PO Box 45 Bar Harbor ME 046090045 17405759 0 X www.friendsofacadia.org X 1986 ME Preservation and protection of Acadia National Park 24 24 40 250 0 0 3995657 6246056 0 0 4833769 1519852 194341 -170262 9023767 7595646 1690961 1602050 0 0 2021219 2398176 0 0 699505 1056069 1290265 4768249 5290491 4255518 2305155 82291605 74652165 60884 93920 82230721 74558245 Friends of Acadia preserves, protects, and promotes stewardship of the outstanding natural beauty, ecological vitality, and distinctive cultural resources of Acadia National Park and surrounding communities for the inspiration and enjoyment of current and future generations. 0 0 554263 384484 Friends of Acadia makes grants from its Acadia Trails Forever project fund to the ANP trails program to maintain the park's 153 miles of trails. Some of the highlights from the 2022 season included major rehabilitation work on the Beech Mountain West Ridge Trail, and the Great Head Trail. 213908 150000 The Carriage Road maintenance grants help to make possible the salaries of several Acadia National Park workers who perform regular maintenance of the park's 44 miles of historic carriage roads. In 2022, some of the highlights included the installation of two new culverts near Eagle Lake, the grading of 4 miles of the Day Mountain loop, and rehabilitation of 2.5 miles of drainage ditches. 2976086 1067566 Additionally, Friends of Acadia contributes to a variety of community outreach events such as Take Pride in Acadia, National Trails Day, and Earth Day Roadside Clean-up. In partnership with Acadia National Park, Friends implements and contributes to other programs including the Summit Stewards, the Wild Garden of Acadia, the Acadia Winter Trails Association, invasive plant eradication, Acadia Quest, the peregrine falcon and hawk watch program, Acadia Teacher Fellows Program, water quality monitoring and a volunteer program that typically contributes over 5,000 hours of time per year to help maintain Acadia's trails and carriage roads. 3744257 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 34 0 1 40 1 0 1 CJ LU 0 0 0 1 1 1 1 0 0 0 0 0 X 24 24 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL CA FL GA MD ME MN MS NH NJ NY OH PA WA NM NC X X Jason Irwin 2072883340 PO Box 45 Bar Harbor ME 046090045 Jack Kelly Chair 1.00 X X 0 0 0 Hannah Sistare Clark Vice Chair 1.00 X X 0 0 0 William C Eacho Treasurer 1.00 X X 0 0 0 David Edson Secretary 1.00 X X 0 0 0 Mark Amstutz Director 1.00 X 0 0 0 Julie Banzhaf-Stone Director 1.00 X 0 0 0 Justin Bennett Director 1.00 X 0 0 0 Sam Coplon Director 1.00 X 0 0 0 Andrew Davis Director 1.00 X 0 0 0 Anne Green Director 1.00 X 0 0 0 John Fassak Director 1.00 X 0 0 0 Elsie Flemings Director 1.00 X 0 0 0 C Boyden Gray Director 1.00 X 0 0 0 Margaret Jeffery Director 1.00 X 0 0 0 David Katona Director 1.00 X 0 0 0 Rob Leary Director 1.00 X 0 0 0 Story Litchfield Director 1.00 X 0 0 0 Paul Mayewski Director 1.00 X 0 0 0 Cora Olgyay Director 1.00 X 0 0 0 Joan Pew Director 1.00 X 0 0 0 Laura Pierce Director 1.00 X 0 0 0 Edward L Samek Director 1.00 X 0 0 0 Curtis Simard Director 1.00 X 0 0 0 Christiaan van Heerden Director 1.00 X 0 0 0 Bill Zoellick Past Director 1.00 X 0 0 0 Eric Stiles President & CEO 40.00 X 120284 0 26601 Jason Irwin Vice President/CFO 40.00 X 127000 0 20307 David MacDonald Past President 40.00 X 40449 0 13456 Lisa Horsch Clark Vice President of Development 40.00 X 127865 0 48619 415598 0 108983 3 0 1 0 Goldman Sachs 200 West Street 39th Floor New York NY 10282 Asset Management 381580 1 689646 717382 4839028 66187 6246056 1117139 1117139 9855364 9452651 402713 402713 402713 187200 717382 357462 -170262 -170262 7595646 0 0 1349590 1602050 1602050 348097 184491 69620 93986 1534126 813087 306825 414214 54278 28767 10856 14655 317201 168116 63440 85645 144474 76571 28895 39008 1079 973 106 29914 29914 381580 381580 297869 173096 110242 14531 13708 8186 5522 316183 97790 181029 37364 114645 114645 17809 9999 4401 3409 357482 29752 327730 9056 8912 144 Other Program Expenses 78077 57640 10110 10327 Dues & Subscriptions 30325 13649 11550 5126 Overhead Distribution 0 480090 -485396 5306 Reclass-Auction Expense -357462 -357462 5290491 3744257 846729 699505 X X 72980 81536 3583115 4604304 234772 189772 21916 93562 78216412 69412458 162410 270533 82291605 74652165 60884 93920 60884 93920 X 10444743 10874802 71785978 63683443 82230721 74558245 82291605 74652165 2305155 -9977631 0 X 1 X 1 X 1 0 X 3315303 3547168 3946908 3995657 6246056 21051092 3315303 3547168 3946908 3995657 6246056 21051092 1354965 19696127 1175261 1181494 869288 1096900 1117139 5440082 801064 766163 388428 194341 0 2149996 28641170 0.68770 0.62690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 53020190 2590730 -5957495 1726279 47927146 40118486 7033136 7316015 1447447 53020190 37656157 160621 3445790 1144082 40118486 31880907 1194504 5896602 1315856 37656157 34663601 1213020 -2298821 1696893 31880907 0.00000 0.67372 0.32628 0 0 0 -2406103 -9977631 357462 -9620169 7214066 381580 381580 7595646 5266373 357462 357462 4908911 381580 381580 5290491 Part V, Line 4: Friends of Acadia uses its endowment assets as an attempt to provide a predictable stream of funding to the programs supported by its endowments while seeking to maintain the purchasing power of the endowment assets. The investments aim to provide appropriate stewardship of Friends of Acadia's financial assets and secure long-term financial stability and income to support the Organization's commitments to Acadia National Park and Friends' operations and programs as budgeted annually by the investment and finance committee and approved by the Organization's board of directors. Part XI, Line 2d - Other Adjustments: Fundraising Expenses 357,462. Part XII, Line 2d - Other Adjustments: Fundraising Expenses 357,462. Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Investments 7809222 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Investments 3578392 0 0 0 0 0 0 11387614 0 11387614 1 0 1 1 1 0 Part III Accounting Method: 2022 Benefit Auction 817582 717382 100200 62752 93152 6250 191557 20 87000 87000 3751 904582 717382 187200 62752 93152 6250 195308 357462 -170262 1 Acadia National Park Route 233 Bar Harbor ME 04609 Governmental Entity 1109757 0 Provide assistance to ensure the protection of the Acadia National Park region. Downeast Transportation PO Box 914 Ellsworth ME 04605 010371992 501(c)(3) 198000 0 Provide support for the Island Explorer propane buses serving Acadia National Park. Schoodic Institute at Acadia National Park PO Box 277 Winter Harbor ME 046930277 201054593 501(c)(3) 146441 0 Schoodic Education Adventure Grant Black People Who Hike 5323 Smith Drive Edwardsville IL 62025 6500 0 Diversity Grant Student Conservation Association 4601 North Fairfax Drive No 900 Arlington VA 22203 910880684 501(c)(3) 9494 0 Education University of Maine Controllers Office 65 Texas Ave Bangor ME 04401 016000769 501(c)(3) 14983 0 Research 5 1 Part I, Line 2: The Organization maintains a policy designed to monitor the grant arrangements the Organization enters into. The Organization sends letters specifying what the grant is for and requesting a return letter that the grant will be used for the intended purpose. The Organization meets with Acadia National Park staff at least once per year. Park staff provide documentation of where and how grants were used. X X 0 0 0 0 0 0 0 0 0 Lisa Horsch Clark Vice President of Development 127865 0 0 0 0 0 7044 0 41575 0 176484 0 0 0 X 20 Donor Estimated Value X 1 Donor Estimated Value X 16 66187 Market Price X Trips/Travel 15 0 Donor Estimated Valu X Auction Items 38 0 Donor Estimated Valu 0 0 1 1 Part I, Line 32b: The Organization uses an auctioneer who donates their time to run the event. In addition, the Organization sells contributions of securities through its investment broker. All gifts of securities are sold as soon as administratively possible. Part I, Line 33: For various auctioned items, the Organization does not record revenue when items are donated, rather when the items are sold at the auction event. The donor estimated value of auctioned items was $156,375. Form 990, Part VI, Section A, line 6 Those individuals who pay annual dues or make contributions in an amount set from time to time by the Board shall be known as Members of the Organization. Members do not have voting rights or any other power or authority to govern the Organization in any capacity. Form 990, Part VI, Section B, line 11b To maintain donor requests for anonymity, the complete 990 is reviewed by the Audit Committee that consists of five board members, including the Chair and Treasurer, neither of whom are Chair of the Committee. The President & CEO, Vice President of Finance and Administration also attend the meeting, and after discussion with the lead and managing auditors, the 990 is filed. Additionally, the Board of Directors is provided with a copy of the Public Disclosure copy prior to filing. Form 990, Part VI, Section B, line 12c Once a year, a disclosure form is given to each board member as well as the members of the development, investment, finance committees, and staff. Completion of the forms is required. Those who do not return the form are mailed another form and emailed a reminder. The answers are reviewed by the governance/nominating committee who report to the Board. If vote is called on a motion for which a board member has a conflict of interest, they will recuse themselves from voting, or be asked to do so by the Chair. Form 990, Part VI, Section B, line 15 The policy of the Organization is to periodically commission a salary and benefits survey to review current positions and related salaries. The most recent survey was commissioned during 2022. Also taken into consideration is cost of living and rate of inflation statistics. The Chair of the Friends of Acadia Board of Directors sets the President's salary. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Friends of Acadia P.O. Box 45 Bar Harbor, ME 04609 EIN 01-0425071 Friends of Acadia is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).