2025-10-01T09:34:03-00:00 2024-12-31 020522619 Rowley & Associates PC 46 N State Street Concord NH 03301 990 2024-01-01 222966924 Loon Echo Land Trust Inc LOON 2076474352 8 Depot Street Suite 4 Bridgton ME 04009 Sheila Bourque President 2076474352 2025-10-01 true Eric C Rowley P00581700 6032285400 2025-10-01 2024 2025-03-06 01:10:19Z Sheila Bourque 63 Hancock Road Raymond ME 04071 3312648 false X www.loonecholandtrust.org X 1987 ME Loon Echo Land Trust protects land in the northern Sebago Lake region to conserve its natural resources and character for future generations. 10 10 9 66 0 1728388 2747002 0 141815 113108 52501 52702 1922704 2912812 20000 0 408007 466089 0 161576 1096792 770784 1504799 1256873 417905 1655939 10631163 12323647 200000 0 10431163 12323647 Loon Echo Land Trust protects land in the northern Sebago Lake region to conserve its natural resources and character for future generations. false false 614647 Management maintenance of parcels of land owned by the Trust or for which the Trust holds easements. Ongoing efforts to identify land areas to be preserved and / or put under conservation easement. 289246 Expenses associated with acquisition and stewardship of land for preservation. 903893 true true false true false false true false false true true false false false true true true false false false false false false false true false false false false false false false false false false false false false true true false false false false false false false true 24 0 true 9 true false false false false false false false false false false false false X 10 10 false false false false true true true true true false false true true true true false true true false false ME X X Matt Markot Executive Director 2076474352 8 Depot Street Bridgton ME 04009 Matthew Markot Exceutive Director 040.00 X 85570 0 3000 Sheila Bourque President 005.00 X X 0 0 0 Quincy Van Winkle Vice President 005.00 X X 0 0 0 Robert Gowdy Treasurer 005.00 X X 0 0 0 Melissa Rock Secretary 005.00 X X 0 0 0 Connie Cross Director 002.00 X 0 0 0 Eric Dibner Director 002.00 X 0 0 0 Alanna Yannelli Director 002.00 X 0 0 0 Geoff Homer Director 002.00 X 0 0 0 David Suitor Director 002.00 X 0 0 0 Lee Bearse Director 002.00 X 0 0 0 85570 3000 false false false 144432 2602570 180000 2747002 89043 89043 37761 37761 37761 37761 407636 383571 24065 24065 24065 27444 16265 11179 11179 Miscellaneous Income 900099 3762 3762 3762 2912812 3762 162048 20000 20000 0 0 0 85570 42785 21393 21392 0 309334 154667 77333 77334 19771 9886 4942 4943 19770 9885 4943 4942 31644 15822 7911 7911 59536 59536 0 13555 13555 0 16274 16274 26838 13418 6710 6710 11111 5555 2778 2778 47485 23741 11872 11872 0 0 20070 10034 5018 5018 10677 5339 2669 2669 0 0 0 0 7328 3664 1832 1832 16732 8366 4183 4183 Special project expenses 458045 458045 Land Stewardship Property Taxes 36111 36111 Professional Devlopment 17617 8809 4404 4404 Food Staff Appreciation 17385 8693 4346 4346 12020 9537 1241 1242 1256873 903893 191404 161576 107999 129069 907029 894527 8679986 28431 7649071 8651555 1967064 2648496 10631163 12323647 200000 200000 0 X 1386928 1792245 9044235 10531402 10431163 12323647 10631163 12323647 1655939 236545 X false true X true false X 640553 574259 925405 1728388 2747002 6615607 640553 574259 925405 1728388 2747002 6615607 6615607 32376 35319 39318 81660 89043 277716 2083 1501 8183 7527 3762 23056 6916379 0.95650 0.95690 X Part II Section B Line 10 Income from miscellaneous sources RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 228 195 423 1256450 1256873 200687 50172 200687 200687 301031 423 423 50172 50172 75258 228 228 X X X X X 21 2957.50 1 1 true 40.00 3500 2873452 427208 333379 74744 16274 3543021 2058985 530846 359936 61855 14460 2873452 2295101 122104 -271229 75420 11571 2058985 1917711 158590 293178 61980 12398 2295101 1546214 277338 154567 49077 11331 1917711 0.46000 0.18000 0.36000 false false 8629571 8629571 13775 13775 36640 14656 21984 8651555 Financial derivatives and other financial products Closely-held equity interests Federal income taxes SBA PPP Loan X 3133083 236545 236545 2896538 16274 16274 2912812 1240599 1240599 16274 16274 1256873 II 9 Conservation easements are recorded at cost if purchased. Once the easement has been aquired the balue of the asset is written down to a value of 1 on the Statement of Financial Position with a corresponding entry to Program Service costs. Donated easements are not recorded as an asset, revenue, or expense but a record of the transaction is maintained and the details of the transaction are reported in a footnote to the financial statements. V 4 The investment reserve funds were established to provide a source of continued support for the mission of LELT. The investment reserve fund is invested in cash and investments. X 2 The Organization has been notified by the Internal Revenue Service that it is exempt from federal income taxes under Section 501c3 of the Internal Revenue Code. The Organization is further classified as an organization that is not a private foundation under Section 509a3 of the Code. The most significant tax positions of the Organization are its assertion that it is exempt from income taxes and its determination of whether any amounts are subject to unrelated business tax UBIT. The Organization follows the guidance of Accounting Standards Codification ASC 740, Accounting for Income Taxes, related to uncertain income taxes, which prescribes a threshold of more likely than not for recognition and recognition of tax positions taken or expected to be taken in a tax return. All significant tax positions have been considered by management. It has been determined that it is more likely than not that all tax positions would be sustained upon examination by taxing authorities. Accordingly, no provision for income taxes has been recorded. Trek Event 27444 27444 16265 27444 27444 16265 16265 11179 true X 1 180000 Fair Market Value false true false Form 990, Part VI, Section A, Line 6 The organization has members who vote at the annual meeting to elect directors. Form 990, Part VI, Section A, Line 7a The organization has members who vote at the annual meeting to elect directors. Form 990, Part VI, Section B, Line 11b Form 990 is reviewed and approved by both the Treasurer and Executive Director prior to filing. the Treasurer and Executive Director also present the details of the 990 to the Board of Directors. Form 990 is on file and available for review by all members of the Board of Directors and officers. Form 990, Part VI, Section B, Line 12c Annual review and signing of policy. Policy considered when conducting business. Form 990, Part VI, Section B, Line 15a The Executive Directors salary is reviewed by the Budget Committee and the Board of Directors annually. Form 990, Part VI, Section C, Line 19 Available upon request. Organization made its first 501h election in tax year 2024. The election was not revoked before the start of theOrganizations tax year.