2022-11-11T07:34:51-06:00 2021-12-31 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2021-01-01 237099105 Maine Coast Heritage Trust MAIN 2077297366 1 Bowdoin Mill Island 201 Topsham ME 04086 Kate Stookey President 2077297366 2022-11-09 1 Kate Stookey 999009999 Joseph R Byrne P01289281 2077752387 2022-11-09 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z Kate Stookey 1 Bowdoin Mill Island 201 Topsham ME 04086 22434783 0 X www.mcht.org X 1970 ME Maine land conservation and protection 23 23 88 122 145327 0 15050024 15270154 58000 117411 4687689 5606408 55036 43222 19850749 21037195 2088883 1417551 0 0 4716753 4730133 0 0 1076725 4538822 5111268 11344458 11258952 8506291 9778243 263797312 288737271 1205713 1128174 262591599 287609097 X Maine Coast Heritage Trust conserves and stewards Maine's coastal lands and islands for their renowned scenic beauty, ecological value, outdoor recreational opportunities and contribution to community well-being. MCHT provides statewide conservation leadership through its work with land trusts, coastal communities and other partners. 0 0 5299819 1417551 117411 Land Protection Program - Conserves high priority lands in Maine's coastal zone and its associated watersheds. Additionally, the Land Trust Program provides training, education and technical support for Maine's network of land trusts and conservation organizations. 2121086 Stewardship - Maintains and improves a conserved lands portfolio including public preserves and conservation easements for public recreation and ecological functions. Provides for infrastructure to own and manage property. 574652 Farm Operations - A working farm and educational center, helping visitors deepen their appreciation for land conservation and sustainable agriculture located in Rockport, Maine. 441176 Communications - manages print and digital communications including messaging, branding, channel management, public relations and public education. 441176 8436733 1 1 0 1 0 0 1 0 0 1 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 98 0 1 88 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA CT FL MA MD ME NH NY PA VA X X Joanne Favreau 2077297366 1 Bowdoin Mill Island Suite 201 Topsham ME 04086 Thomas Armstrong Chair 1.00 0.00 X X 0 0 0 Lucy McCarthy Vice Chair 1.00 0.00 X X 0 0 0 Arthur C Martinez Treasurer 1.00 0.00 X X 0 0 0 John Adelman Director 1.00 0.00 X 0 0 0 M Cameron Barrow Director 1.00 0.00 X 0 0 0 Emily Beck Director 1.00 0.00 X 0 0 0 Emily Bruce Director 1.00 0.00 X 0 0 0 MacKenzie Davis Director 1.00 0.00 X 0 0 0 John Forsgren Director 1.00 0.00 X 0 0 0 Joseph W Hammer Director 1.00 0.00 X 0 0 0 Alix Hopkins Director 1.00 0.00 X 0 0 0 Thomas E Ireland Director 1.00 0.00 X 0 0 0 Katherine Jans Director 1.00 0.00 X 0 0 0 Christiana Millet Director 1.00 0.00 X 0 0 0 David Reis Director 1.00 0.00 X 0 0 0 Sam Spencer Director 1.00 0.00 X 0 0 0 Sheridan Steele Director 1.00 0.00 X 0 0 0 Stephen Sullens Director 1.00 0.00 X 0 0 0 Ben Twining Director 1.00 0.00 X 0 0 0 Judy Wallingford Director 1.00 0.00 X 0 0 0 Edward E Wendell Jr Director 1.00 0.00 X 0 0 0 Jean Wheeler Director 1.00 0.00 X 0 0 0 Elizabeth Gilmore Past Director 1.00 0.00 X 0 0 0 William T Glidden President 40.00 0.00 X 150945 0 27592 Joanne Favreau Director of Finance & Administration 40.00 0.00 X 103097 0 19031 Jane Arbuckle Director of Stewardship 40.00 0.00 X 105620 0 14256 Karin Marchetti General Counsel 40.00 0.00 X 100103 0 18120 Nichole Blanchard Director of Engagement 40.00 0.00 X 104039 0 24996 563804 0 103995 5 0 1 0 Maine Earth 283 Western Avenue Hampden ME 04444 Contract Services 280277 Cambridge Associates LLC PO Box 412015 Boston MA 02241 Investment Advisors 218750 Linkel Construction Inc 255 Augusta Road Topsham ME 04086 Contract Services 195286 Wilson Construction & Landscaping 33 Bartlett Lane So Thomaston ME 04858 Contract Services 114269 4 1399025 13871129 2983089 15270154 Program Fees 611600 117411 117411 117411 1302092 57793 1244299 4608044 1093860 0 1397588 4608044 -303728 4304316 44312 4260004 Sale of Beef 110000 22225 22225 Farm Operations Revenue 110000 19412 19412 Fair & Art Show 110000 1585 1585 43222 21037195 117411 145327 5504303 1417551 1417551 300666 155974 91131 53561 3311207 2542552 324552 444103 230178 173764 22133 34281 523278 390438 54333 78507 364804 212674 31065 121065 8540 85 8455 74045 1500 72545 835764 835764 1069463 972504 76760 20199 665774 382256 150830 132688 544577 468671 45397 30509 58633 42897 237 15499 9489 9489 273150 263516 9634 186757 144450 17474 24833 Loss On Impairment 748996 748996 Project Expense 474583 354729 1656 118198 Staff Recruitment & Tra 92940 86130 3528 3282 Farm Operating Expenses 68557 68557 11258952 8436733 1745494 1076725 X 187372 671681 19863640 24365245 18916330 17711062 61402 234379 292947 250000 304934 268232 121131861 2136658 114298914 118995203 44146573 43204672 60207958 76741874 5517242 6294923 263797312 288737271 1190438 1052574 15275 600 0 75000 1205713 1128174 X 169013561 183109366 93578038 104499731 262591599 287609097 263797312 288737271 X 9778243 14467432 771823 X 0 1 X 1 1 1 X 9080219 21007619 27114178 15050024 15270154 87522194 9080219 21007619 27114178 15050024 15270154 87522194 16926772 70595422 764186 1083286 1173499 1483074 1302092 5806137 35000 35000 93363331 565079 0.75610 0.64320 X Schedule A, Part II, Line 10, Explanation of Other Income: Returned Grants - 2017 Amount: $ 35,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 131 1211 1342 11257610 11258952 712948 178237 0 0 606125 599651 717223 712948 2635947 3953921 1512 4440 622 1342 7916 151531 149913 179306 178237 658987 988481 494 352 33 131 1010 X X X X 310 21844.00 1 1 1 1612.00 260376 102282285 770866 20058046 3102648 835764 119172785 87259830 2739310 16314305 3107781 923379 102282285 66580186 12198688 11263545 2194378 588211 87259830 66189423 4572572 -1780409 1828995 572405 66580186 57068517 3242245 8454230 2115755 459814 66189423 0.44500 0.37990 0.17510 0 0 115009289 115009289 4689280 1315861 3373419 1150564 761467 389097 282728 59330 223398 118995203 Interests in Limited Liability Companies and Limited Partnerships 76741874 F 76741874 35771001 14467432 1139503 15606935 20164066 835764 37365 873129 21037195 10753503 367680 367680 10385823 835764 37365 873129 11258952 Part II, Line 3: Gerrish Island, Kittery, 26 acres added to 408 acre original easement Part II, Line 5: Conservation easements require communications with landowners, monitoring visits at least once each year, reviewing landowner plans for changes that are addressed in the easement and approving or denying them, working with the organization's attorney to deal with violations and amendments, and in some cases transferring easements to other organizations. Some easements require very little time and others require lengthy discussions, negotiations, repeated visits, and specific management. Maintaining good communication with landowners is the key factor in avoiding violations and legal quagmires. As original Grantors pass on or transfer their property, it is especially important to quickly make contact and develop relationships with the new landowners and to help them understand the purpose and restrictions of the easement if necessary. Part II, Line 9: Contributed conservation easements held by the Organization are not recorded in the financial statements because easements do not represent economic assets or resources. Purchased conservation easements are expensed on the date purchased. Part V, Line 4: Operating endowment fund income is to be used for operating fund purposes (excluding land and conservation easement acquisitions) except as needed to be retained in the operating endowment fund so the purchasing power of the permanently restricted contributions is not eroded. Part XI, Line 2d - Other Adjustments: Increase in Beneficial Interest in Split-Interest Agreement 771,823. Loss on Sale of land 367,680. Part XI, Line 4b - Other Adjustments: Sale of Beef 22,225. Gain on Sale of Artwork 15,140. Part XII, Line 2d - Other Adjustments: Loss on Sale of land 367,680. Part XII, Line 4b - Other Adjustments: Sale of Beef 22,225. Gain on Sale of Artwork 15,140. Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, Investments 47930736 0 0 0 0 0 0 47930736 0 47930736 1 0 1 1 1 0 Part III Accounting Method: 1 Creative Conservation LLC 27 Giles Road Readfield ME 04355 14215 0 Contribution toward conservation of land & stewardship for conservation purposes Town of Brunswick 85 Union Street Brunswick ME 04011 Brunswick, ME 23500 0 Contribution toward conservation of land & stewardship for conservation purposes Coastal Mountains Land Trust 101 Mount Battie Street Camden ME 04843 222795691 501 (c)(3) 10000 0 Contribution toward conservation of land & stewardship for conservation purposes Coastal Rivers Conservation Trust PO Box 333 Damariscotta ME 04543 237303162 501 (c)(3) 100000 0 Contribution toward conservation of land & stewardship for conservation purposes Downeast Coastal Conservancy PO Box 760 Machias ME 04654 010430078 501 (c)(3) 15697 0 Contribution toward conservation of land & stewardship for conservation purposes Downeast Salmon Federation PO Box 201 Columbia Falls ME 04623 010532938 501 (c)(3) 180508 0 Contribution toward conservation of land & stewardship for conservation purposes Town of Frenchboro 1 Executive Drive Frenchboro ME 04635 Frenchboro, ME 5000 21363 Book 4.5 Acres of Land - Gooseberry Point Contribution toward conservation of land & stewardship for conservation purposes Midcoast Conservancy PO Box 439 Edgecomb ME 04556 222658964 501 (c)(3) 50000 0 Contribution toward conservation of land & stewardship for conservation purposes The Nature Conservancy 14 Maine Street Suite 401 Brunswick ME 04011 530242652 501 (c)(3) 842000 0 Contribution toward conservation of land & stewardship for conservation purposes Town of Brooksville PO Box 314 Brooksville ME 04617 Brooksville, ME 0 25612 Book Shared Interest in 3 Acres of Land - Walker Pond Heritage Park Contribution toward conservation of land & stewardship for conservation purposes Town of Sedgwick PO Box 40 Sedgwick ME 04676 Sedgwick, ME 0 25612 Book Shared Interest in 3 Acres of Land - Walker Pond Heritage Park Contribution toward conservation of land & stewardship for conservation purposes State of ME Department of Agriculture 22 State House Station Augusta ME 04333 State of Maine 0 9200 Book 60 Acres of Land - Pond Cove Island Contribution toward conservation of land & stewardship for conservation purposes Atlantic Challenge Foundations Inc 655 Main Street Rockland ME 04841 223132234 501 (c)(3) 80000 0 Contribution toward conservation of land & stewardship for conservation purposes 12 1 Part I, Line 2: Grants are awarded to partner organizations as contributions towards the acquisition of land for conservation. MCHT's Land Trust Program also extends re-grants to other organizations for various conservation and related projects. MCHT's Land Trust Program manager is responsible for reviewing and monitoring each of our re-grants. Final grant reports are required within generally 12 months from the date of the grant. These grant reports require the land trusts to provide the manner in which the funds were spent, a summary of the project, an evaluation of the outcomes, challenges and next steps. In addition, the land trusts are to include information on what the organization has learned through the project, particularly information that may be relevant to other conservation organizations. X X 0 0 0 0 0 0 0 0 0 William T Glidden President 150945 0 0 0 0 0 12282 0 15310 0 178537 0 0 0 X 82 1087889 Fair Market Value X 5 1895200 Appraised Fair Value 5 0 1 1 Part I, Line 32b: Maine Coast Heritage Trust currently uses Bar Harbor Trust Company as its Agent for investment management and administrative services for planned gift funds. MCHT reserves the right to change or add agents without notice to donors. Form 990, Part VI, Section B, line 11b A complete copy of the 990 was made available to the Organization's board of directors before it was filed. Form 990, Part VI, Section B, line 12c Directors, employees, committee members, etc. are required to sign a conflict of interest policy acknowledgement statement and report any conflicts to the president. Form 990, Part VI, Section B, line 15 Compensation of the Organization's president is determined with the use of a compensation survey or studies and by approval of the board. Key employee compensation is presented to the Board as part of the annual operating budget at the November board meeting. The full budget is reviewed in detail prior to such meeting with the Treasurer & the Executive Board Comm. 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 through the Organization's website or upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Maine Coast Heritage Trust 1 Bowdoin Mill Island No. 201 Topsham, ME 04086 EIN 23-7099105 Maine Coast Heritage Trust is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, line 9: Increase in Beneficial Interest in Split Interest Agreement 771,823. Conservation Limited Development LLC 1 Bowdoin Mill Island Suite 201 Topsham ME 04086 237099105 Owning, managing, renting, leasing, buying, selling and developing property ME 40000 3414655 Maine Coast Heritage Trust (2) Mildred Burnham Charitable Remainder Unitrusts Charitable trusts ME T 0 Various Charitable Annuity Trusts Charitable gift annuities ME T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0