COASTAL MOUNTAINS LAND TRUST: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
COASTAL MOUNTAINS LAND TRUST (EIN 22-2795691)
Tax period
2021-04-01 to 2022-03-31
Filed
2022-08-08
IRS object ID
202232209349300228
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-08-08T13:16:29-05:00ReturnTs
Tax Period End2022-03-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN010463013PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Purdy Powers & CompanyBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1130 Middle StreetAddressLine1Txt
CityPortlandCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04101ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-04-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222795691EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Coastal Mountains Land TrustBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCOASBusinessNameControlTxt
Phone2072367091PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 Mount Battie StreetAddressLine1Txt
CityCamdenCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04843ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMalcolm WhitePersonNm
Person TitleTreasurerPersonTitleTxt
Phone2072367091PhoneNum
Signature2022-08-02SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMalcolmPersonFirstNm
Person LastWhitePersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDavid J Shorette CPAPreparerPersonNm
PTINP00086553PTIN
Phone2077753496PhoneNum
Preparation2022-08-02PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerIan StewartPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 Mount Battie StreetAddressLine1Txt
CityCamdenCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04843ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,045,499GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresshttp://www.coastalmountains.org/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1986FormationYr
Legal Domicile StateMELegalDomicileStateCd
Activity Or MissionWe conserve land permanently to benefit the natural and human communities of western the Penobscot Bay region.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee12TotalEmployeeCnt
Total Volunteers150TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,260,473PYContributionsGrantsAmt
CY Contributions Grants$2,029,750CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$172,692PYInvestmentIncomeAmt
CY Investment Income$241,167CYInvestmentIncomeAmt
PY Other Revenue$83,800PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,516,965PYTotalRevenueAmt
CY Total Revenue$2,270,917CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$453,186PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$442,583CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$119,724CYTotalFundraisingExpenseAmt
PY Other Expenses$309,644PYOtherExpensesAmt
CY Other Expenses$1,221,026CYOtherExpensesAmt
PY Total Expenses$762,830PYTotalExpensesAmt
CY Total Expenses$1,663,609CYTotalExpensesAmt
PY Revenues Less Expenses$754,135PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$607,308CYRevenuesLessExpensesAmt
Total Assets BOY$8,475,063TotalAssetsBOYAmt
Total Assets EOY$9,283,944TotalAssetsEOYAmt
Total Liabilities BOY$14,127TotalLiabilitiesBOYAmt
Total Liabilities EOY$118,366TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$8,460,936NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$9,165,578NetAssetsOrFundBalancesEOYAmt
MissionWe conserve land permanently to benefit the natural and human communities of western the Penobscot Bay region.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,047,600ExpenseAmt
DescThe land trust acquired land and received conservation easements to permanently protect and preserve biological diversity, scenic landscapes, and forest, farm, and water resources, and to provide the public with outdoor recreational opportunities.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$223,692ExpenseAmt
DescThe land trust continued to act as a steward over the land and easements for which it is responsible.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$114,917ExpenseAmt
DescThe land trust published newsletters, maintained a website, and gave educational presentations to increase public awareness and understanding of the importance of land conservation.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,386,209TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation EasementsYes (1)ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art ContributionYes (1)DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document15IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee12EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Ian StewartBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2072367091PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 Mount Battie StreetAddressLine1Txt
CityCamdenCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04843ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
Roy Call
Director2.00Yes (X)$0$0$0
Gianne Conard
Vice President2.00Yes (X)$0$0$0Yes (X)
H Landis Gabel
Secretary2.00Yes (X)$0$0$0Yes (X)
Dan Johnson
President2.00Yes (X)$0$0$0Yes (X)
Tom Moore
Director2.00Yes (X)$0$0$0
David Noble
Director2.00Yes (X)$0$0$0
Roger Rittmaster
Director2.00Yes (X)$0$0$0
Nick Ruffin
Director2.00Yes (X)$0$0$0
David Thanhauser
Director2.00Yes (X)$0$0$0
Judy Wallingford
Director2.00Yes (X)$0$0$0
Malcolm White
Treasurer2.00Yes (X)$0$0$0Yes (X)
Elisabeth Wolfe
Director2.00Yes (X)$0$0$0
Emily McDevitt
Director2.00Yes (X)$0$0$0
Ian Stewart
Executive Director40.00$88,168$0$9,808Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$88,168TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$9,808TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$1,449FundraisingAmt
All Other Contributions$2,028,301AllOtherContributionsAmt
Noncash Contributions$620,433NoncashContributionsAmt
Total Contributions$2,029,750TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$60,883TotalRevenueColumnAmt
Exclusion$60,883ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$954,866SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$774,582SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$180,284SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$180,284TotalRevenueColumnAmt
Exclusion$180,284ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$1,449ContriRptFundraisingEventAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,270,917TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$241,167ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$88,168TotalAmt
Program Services$59,073ProgramServicesAmt
Management And General$9,698ManagementAndGeneralAmt
Fundraising$19,397FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$290,897TotalAmt
Program Services$202,782ProgramServicesAmt
Management And General$32,555ManagementAndGeneralAmt
Fundraising$55,560FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$6,695TotalAmt
Program Services$4,675ProgramServicesAmt
Management And General$752ManagementAndGeneralAmt
Fundraising$1,268FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$29,128TotalAmt
Program Services$20,252ProgramServicesAmt
Management And General$3,151ManagementAndGeneralAmt
Fundraising$5,725FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$27,695TotalAmt
Program Services$19,221ProgramServicesAmt
Management And General$3,102ManagementAndGeneralAmt
Fundraising$5,372FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,905TotalAmt
Program Services$1,905ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$19,292TotalAmt
Management And General$19,292ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,518TotalAmt
Program Services$1,366ProgramServicesAmt
Management And General$76ManagementAndGeneralAmt
Fundraising$76FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,054TotalAmt
Program Services$3,009ProgramServicesAmt
Management And General$45ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$19,276TotalAmt
Program Services$4,079ProgramServicesAmt
Management And General$14,674ManagementAndGeneralAmt
Fundraising$523FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$3,245TotalAmt
Program Services$2,921ProgramServicesAmt
Management And General$162ManagementAndGeneralAmt
Fundraising$162FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$23,192TotalAmt
Program Services$15,200ProgramServicesAmt
Management And General$1,563ManagementAndGeneralAmt
Fundraising$6,429FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$144TotalAmt
Program Services$144ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$60,997TotalAmt
Management And General$60,997ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$42,675TotalAmt
Program Services$37,750ProgramServicesAmt
Management And General$1,597ManagementAndGeneralAmt
Fundraising$3,328FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Impairment of land/ease$904,236$904,236
Property Management Exp$61,055$61,009$46
Fees$21,027$10,174$3,351$7,502
Newsletter$13,491$6,858$2,906$3,727

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$45,919TotalAmt
Program Services$31,555ProgramServicesAmt
Management And General$3,709ManagementAndGeneralAmt
Fundraising$10,655FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,663,609TotalAmt
Program Services$1,386,209ProgramServicesAmt
Management And General$157,676ManagementAndGeneralAmt
Fundraising$119,724FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$67,885BOYAmt
EOY$167,476EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$575,150BOYAmt
EOY$448,217EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$77,833BOYAmt
EOY$126,223EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$17,929BOYAmt
EOY$24,113EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,590,569LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$572,275LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,539,417BOYAmt
EOY$2,018,294EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$4,152,996BOYAmt
EOY$4,298,092EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,043,853BOYAmt
EOY$2,201,529EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$8,475,063BOYAmt
EOY$9,283,944EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$7,377BOYAmt
EOY$18,366EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$6,750BOYAmt
EOY$100,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$14,127BOYAmt
EOY$118,366EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,413,014BOYAmt
EOY$4,880,814EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,047,922BOYAmt
EOY$4,284,764EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,460,936BOYAmt
EOY$9,165,578EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,475,063BOYAmt
EOY$9,283,944EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$607,308ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$17,193NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$114,527OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,781,811CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,785,534CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,654,162CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,260,473CurrentTaxYearMinus1YearAmt
Current Tax Year$1,518,864CurrentTaxYearAmt
Total$10,000,844TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,781,811CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,785,534CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,654,162CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,260,473CurrentTaxYearMinus1YearAmt
Current Tax Year$1,518,864CurrentTaxYearAmt
Total$10,000,844TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,195,839SubstantialContributorsTotAmt
Public Support Total170$7,805,005PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$64,001CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$62,548CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$62,509CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$54,747CurrentTaxYearMinus1YearAmt
Current Tax Year$60,883CurrentTaxYearAmt
Total$304,688TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,665CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,392CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$83,800CurrentTaxYearMinus1YearAmt
Total$86,857TotalAmt
FieldValueIRS element (for citing)
Total Support$10,392,389TotalSupportAmt
Gross Receipts Rltd Activities$11,407GrossReceiptsRltdActivitiesAmt
Public Support CY1700.75100PublicSupportCY170Pct
Public Support PY1700.76460PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Preservation Public UseYes (X)PreservationPublicUseInd
Protection Natural HabitatYes (X)ProtectionNaturalHabitatInd
Preservation Open SpaceYes (X)PreservationOpenSpaceInd
Historic Land AreaYes (X)HistoricLandAreaInd
Total Easements68TotalEasementsCnt
Total Acreage5413.00TotalAcreageCnt
States Easements Held1StatesEasementsHeldCnt
Written Policy MonitoringYes (1)WrittenPolicyMonitoringInd
Staff Hours Spent Enforcement750.00StaffHoursSpentEnforcementCnt
Expenses Incurred Enforcement$18,750ExpensesIncurredEnforcementAmt

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$816,029BeginningYearBalanceAmt
Contributions$5,000ContributionsAmt
Investment Earnings Or Losses$51,777InvestmentEarningsOrLossesAmt
Other Expenditures$33,800OtherExpendituresAmt
End Year Balance$839,006EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$622,949BeginningYearBalanceAmt
Contributions$5,000ContributionsAmt
Investment Earnings Or Losses$232,840InvestmentEarningsOrLossesAmt
Other Expenditures$44,760OtherExpendituresAmt
End Year Balance$816,029EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$646,814BeginningYearBalanceAmt
Contributions$5,000ContributionsAmt
Investment Earnings Or Losses-$28,865InvestmentEarningsOrLossesAmt
End Year Balance$622,949EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$631,484BeginningYearBalanceAmt
Contributions$5,000ContributionsAmt
Investment Earnings Or Losses$46,559InvestmentEarningsOrLossesAmt
Other Expenditures$36,229OtherExpendituresAmt
End Year Balance$646,814EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$585,366BeginningYearBalanceAmt
Contributions$2,000ContributionsAmt
Investment Earnings Or Losses$55,620InvestmentEarningsOrLossesAmt
Other Expenditures$11,502OtherExpendituresAmt
End Year Balance$631,484EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.02000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.75000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.23000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$43,083OtherCostOrOtherBasisAmt
Book Value$43,083BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$287,499OtherCostOrOtherBasisAmt
Depreciation$145,326DepreciationAmt
Book Value$142,173BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,095,963OtherCostOrOtherBasisAmt
Depreciation$310,465DepreciationAmt
Book Value$1,785,498BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$164,024OtherCostOrOtherBasisAmt
Depreciation$116,484DepreciationAmt
Book Value$47,540BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,018,294TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
Split-Interest Agreements$560,655
Conservation Property$1,640,874
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,201,529TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,368,251TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$17,193NetUnrealizedGainsInvstAmt
Other Revenue$114,527OtherRevenueAmt
Revenue Not Reported$97,334RevenueNotReportedAmt
Revenue Subtotal$2,270,917RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,270,917TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,663,609TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,663,609ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,663,609TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part II, Line 5:All conservation easements are monitored by at least one visit on the property each year; none of the visits are conducted by any remote sensing, aerial flights or other means.
Part II, Line 9:It is the policy of Coastal Mountains Land Trust to not recognize any amount in the financial statements for the donation of an easement as it has no economic value. The costs of purchased easements are reflected as an expense. No amount is capitalized for the purchase of the easement as it is not a fee simple property.
Part X, Line 2:Management of Coastal Mountains Land Trust believes it has no material uncertain tax positions and, accordingly it will not recognize any liability for unrecognized tax benefits.
Part XI, Line 2d - Other Adjustments:Change in Value of Split Interest Agreements 114,527.

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$44,085NoncashContributionsRptF990Amt
Method Of Determining RevenuesFair market valueMethodOfDeterminingRevenuesTxt

Qualified Contrib Other QualifiedContribOtherGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution5ContributionCnt
Noncash Contributions Rpt F990$550,965NoncashContributionsRptF990Amt
Method Of Determining RevenuesAppraisalMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 6Members are those who contribute time as a volunteer or make a cash donation annually.
Form 990, Part VI, Section A, line 7aMembers elect board members at the annual membership meeting.
Form 990, Part VI, Section A, line 7bMembers may vote on the removal of directors. Members also have 150 days to comment on any changes to the bylaws or articles of incorporation before they go into effect.
Form 990, Part VI, Section B, line 11bAn annual audit of the Land Trust will be performed by a Certified Public Accountant, selected by the Finance and Investment Committee, who will also prepare IRS Form 990. Each member of the Board will be provided with a copy of the IRS Form 990, either digitally or printed, for his/her review prior to submission to the Internal Revenue Service. Board members may provide comments or questions to the Treasurer regarding the IRS Form 990 within seven days after their receipt of it. If said comments or questions require revision of the IRS Form 990, the Treasurer will obtain revisions as necessary. Thereafter, the Treasurer (or in his/her absence, another officer of the Board) will sign the final version of the IRS Form 990 and submit it to the Internal Revenue Service.
Form 990, Part VI, Section B, line 12cSection 7. Conflicts of interest in the policies of the Board of Directors (available at www.coastalmountains.org, select "Key Documents") describes in detail the Land Trust's attention to potential conflicts of interest. In summary, when a transaction, contract, or project of the Land Trust is considered by the Board and when there is any reason to think that a member of the Board, staff, committees, a major donor, or any other person closely involved with the Land Trust might have the potential of financial advantage from the activity, the Board Member or Executive Director who is aware of that potential conflict brings the situation to the attention of the entire Board for inquiry that the person does have an actual, potential, or perceived conflict of interest, the person is asked to fully disclose that for a recording in the minutes of the Board meeting and to absent him/herself from all discussion, deliberation, and decision concerning the matter.
Form 990, Part VI, Section B, line 15The Board of Directors annually evaluates the performance of the Executive Director and sets his/her compensation, utilizing surveys of compensation of Executive Directors of other nonprofit organizations in Maine as published biennially by the Maine Association of Nonprofits.
Form 990, Part VI, Section C, line 19The organization makes its policies and financial statements available for review on its website.
Form 990, Part XI, line 9:Change in value of split interest agreement 114,527.
Form 990, Part XII, Line 2c:The audit oversight has not changed from the previous year.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.