2018-02-09T07:36:22-05:00 2017-06-30 043353527 AMY P TRUNNELL CPA 200 OLD KENTS HILL RD READFIELD ME 043554132 990 2016-07-01 010440729 THE KENNEBEC LAND TRUST KENN 2073772848 PO BOX 261 WINTHROP ME 04364 MARY DENISON PRESIDENT 2073772848 2018-02-09 true AMY P TRUNNELL P01201030 2076859202 2018-02-09 X E18197B6976A9F08F37A030BBAAB8C6A09260B6F E18197B6976A9F08F37A030BBAAB8C6A09260B6F 2016 2021-01-29 14:40:06Z KENNEBEC LAND TRUST MARY DENISON PO BOX 67 WINTHROP ME 04364 2763936 false X WWW.TKLT.ORG X 1988 ME THE KENNEBEC LAND TRUST WORKS COOPERATIVELY WITH LANDOWNERS AND COMMUNITIES TO CONSERVE THE FORESTS, SHORELANDS, FIELDS, AND WILDLIFE THAT DEFINE CENTRAL MAINE. 18 17 4 100 0 680212 1456014 3702 10526 5399 16226 5083 7162 694396 1489928 1019571 0 162714 155052 0 30906 147415 170925 310129 1345548 384267 144380 5970603 5617048 592339 60093 5378264 5556955 X THE KENNEBEC LAND TRUST WORKS COOPERATIVELY WITH LANDOWNERS AND COMMUNITIES TO CONSERVE THE FORESTS, SHORELANDS, FIELDS, AND WILDLIFE THAT DEFINE CENTRAL MAINE. KLT PROTECTS LAND PERMANENTLY, OFFERS OPPORTUNITIES FOR PEOPLE TO LEARN ABOUT AND ENJOY THE NATURAL WORLD, AND WORKS WITH PARTNERS TO SUPPORT SUSTAINABLE FORESTRY AND FARMING. ESTABLISHED IN 1988, KLT WORKS IN 21 COMMUNITIES TO PROTECT 5648 ACRES ON 65 PROPERTIES THROUGH LAND DONATIONS, PURCHASES, AND CONSERVATION EASEMENTS. KLT ORGANIZES HIKES, PADDLES, AND AN ANNUAL MARCH LECTURE (LYCEUM) SERIES, AND OUTDOOR PHOTOGRAPHY AND PAINTING WORKSHOPS THAT ENCOURAGE RESIDENTS AND VISITORS TO LEARN ABOUT AND ENJOY KENNEBEC COUNTY'S NATURAL LANDSCAPE. ONE HUNDRED DEDICATED VOLUNTEERS, INCLUDING 66 LAND STEWARDS, COMMIT OVER 2,161 HOURS OF TIME ANNUALLY TO SUPPORT KLT'S STEWARDSHIP,EDUCATION, ADMINISTRATION, AND GOVERNANCE. KLT HAS CONSTRUCTED 43 MILES OF TRAILS ON KLT LAND. KLT HAS HAD 28 INTERNS FROM 18 COLLEGES AND UNIVERSITIES SINCE false false 70013 EDUCATION - PUBLICATIONS INCLUDE: KLT NEWS: BIANNUAL NEWSLETTERS FEATURING NEW CONSERVATION PROPERTIES AND AN ANNUAL CALENDAR OF EVENTS; BUILDING MAINE'S LOCAL WOOD ECONOMY, TOGETHER WITH CONSERVATION, LOCAL WOOD WORKS WHITE PAPER, MAY, 2016 TAKE A HIKE: THE KENNEBEC LAND TRUST HIKING GUIDE, PUBLISHED IN 2014, A FIELD GUIDE TO TWENTY OF KLT'S POPULAR TRAILS; SAVE HOWARD HILL-SCENIC BACKDROP TO MAINE'S STATE HOUSE, PUBLISHED IN 2014 - TEXT, MAPS, HISTORIC AND CONTEMPORARY PHOTOGRAPHS FOCUSED ON CONSERVING HOWARD HILL, THE 164 ACRE SCENIC BACKDROP TO MAINE'S STATE HOUSE; YOUR WOODLAND: A RESOURCE GUIDE FOR KENNEBEC COUNTY LANDOWNERS, PUBLISHED IN FEBRUARY 2012; BETWEEN PERSON AND PLACE: CONSERVATION HISTORIES FROM THE KENNEBEC LAND TRUST, PUBLISHED IN 2010, INCLUDES ESSAYS AND PHOTOGRAPHS HIGHLIGHTING THE STORIES BEHIND KLT'S CONSERVATION LANDS; ADVENTURE, DISCOVER, EXPLORE: A FAMILY GUIDE TO KLT PROPERTIES, PUBLISHED IN 2008, INCLUDES ACTIVITIES FOR CHILDREN AND PARENTS. PROGRAMMING INCLUDES: ANNUAL HIKES, PADDLES, BIRD WALKS AND OUTDOOR PHOTOGRAPHY AND PAINTING WORKSHOPS; SINCE 2009, OVER 1,400 CENTRAL MAINE STUDENTS, PARENTS, AND TEACHERS HAVE LEARNED ABOUT SUSTAINABLE FORESTRY AT THE KENNEBEC LAND TRUST'S ANNUAL EDUCATIONAL PROGRAM AT THE 360-ACRE CURTIS HOMESTEAD CONSERVATION AREA IN LEEDS, ME. 15TH ANNUAL MARCH LECTURE SERIES - LYCEUM - CELEBRATING HISTORY, ARTS AND ECOLOGY PROGRAMS; KLT ANNUAL MEETING CELEBRATION INCLUDING HIKES, PADDLES AND COOKOUT; ANNUAL STEWARDSHIP WORKSHOP FOR OUR 66 VOLUNTEER STEWARDS. 94602 STEWARDSHIP - KLT STAFF AND BOARD MEMBERS OVERSEE THE MANAGEMENT OF KLT'S FEE LANDS, MONITOR CONSERVATION EASEMENTS AND WORK WITH 66 VOLUNTEER STEWARDS. KLT'S STEWARDS COLLECTIVELY VOLUNTEER OVER 860 HOURS EACH YEAR FOR TRAIL MAINTENANCE, MONITORING, AND PUBLIC ACCESS PROJECTS. CONSERVATION PARCELS THAT ARE ESPECIALLY LARGE IN ACREAGE, OR HAVE UNIQUE OR COMPLEX MANAGEMENT NEEDS, HAVE MORE THAN ONE VOLUNTEER STEWARD. KLT'S BOARD OF DIRECTORS HAS DEVELOPED A STRATEGIC CONSERVATION PLAN THAT FOCUSES ON TEN PRIORITY CONSERVATION VALUES. KLT'S STRATEGIC CONSERVATION PLAN WAS DEVELOPED WITH GIS BASE NATURAL RESOURCE INFORMATION, AND WITH INFORMATION FROM COMMUNITY OPEN SPACE AND COMPREHENSIVE PLANS. THIS 2013 PLAN, WHICH WILL BE UPDATED IN 2019, WILL CONTINUE TO INFORM AND GUIDE KLT'S LAND ACQUISITION AND CONSERVATION EASEMENT PRIORITIES FOR THE FUTURE. KLT IS A LEAD PARTNER AND THE FISCAL AGENT FOR BOTH THE KENNEBEC WOODLAND PARTNERSHIP (KWP) AND THE LOCAL WOOD WORKS INITIATIVE, TWO SUCCESSFUL REGIONAL CONSERVATION INITIATIVES FOCUSED ON THE LONG-TERM SUSTAINABILITY OF KENNEBEC COUNTY'S WOODLANDS AND A LANDSCAPE-LEVEL APPROACH TO CONSERVATION. 1087786 1019571 LAND PROTECTION - SINCE 1988, KLT HAS WORKED COOPERATIVELY WITH LANDOWNERS AND COMMUNITIES TO CONSERVE OUR REGION'S NATURAL ASSETS. KLT HAS CONSERVED 5,648 ACRES IN A SERVICE AREA THAT COVERS 412,000 ACRES AND 21 TOWNS PRIMARILY IN KENNEBEC COUNTY, BUT ALSO ANDROSCOGGIN AND FRANKLIN COUNTIES. KLT HOLDS CONSERVATION EASEMENTS ON, ACCEPTS GIFTS OF, AND PURCHASES SIGNIFICANT LANDS TO FURTHER THE MISSION OF THE ORGANIZATION. IN 2017, KLT TRANSFERRED THE 164-ACRE HOWARD HILL PROPERTY TO THE CITY OF AUGUSTA. THE CITY OF AUGUSTA GRANTED A CONSERVATION EASEMENT TO KLT THAT ENSURES THAT THE PROPERTY WILL BE CONSERVED IN PERPETUITY FOR THE BENEFIT OF MAINE'S PEOPLE AND WILDLIFE. THIS TRANSACTION SUCCESSFULLY COMPLETED AN EIGHT-YEAR PROCESS UNDERTAKEN BY KLT DESIGNED TO PRESERVE FOREVER, AS OPEN SPACE, THE WOODED BACKDROP TO THE STATE'S CAPITOL. ONE HUNDRED THIRTY SIX INDIVIDUALS, EIGHT PRIVATE AND PUBLIC FOUNDATIONS, AND FIFTEEN MAINE BUSINESSES AND NON-PROFITS DONATED TO THE HOWARD HILL CAMPAIGN. THIS PERMANENTLY PROTECTED LANDMARK IS A UNIQUE NATURAL, HISTORIC, AND SCENIC FOREST OF STATEWIDE SIGNIFICANCE. HOWARD HILL'S IMMEDIATE PROXIMITY TO THE CAPITOL COMPLEX FURTHER ENHANCES ITS PUBLIC VALUES AND ACCESSIBILITY. THIS HIGHLY VISIBLE LANDSCAPE WILL PROVIDE MANY OPPORTUNITIES TO PROFILE THE COMMUNITY BENEFITS OF LAND CONSERVATION AND SUSTAINABLE FORESTRY. THIS CONSERVATION PROPERTY ALSO OFFERS MANY OPPORTUNITIES FOR YEAR-ROUND RECREATION INCLUDING HIKING, PICNICKING, CROSS-COUNTRY SKIING, NATURE OBSERVATION, AND HUNTING. KLT'S MOST RECENT FEE AND EASEMENT ACQUISITIONS ARE: THE 342-ACRE ROSMARIN AND SAUNDERS FAMILY FOREST IN READFIELD; THE 26-ACRE HORSESHOE ISLAND ADDITION TO THE 72-ACRE COBBOSSEE ISLANDS PRESERVES IN WINTROP; THE 17-ACRE ROLLING DAM PRESERVE IN GARDINER; AND THE 12-ACRE DONOHOE PRESERVE CONSERVATION EASEMENT IN GARDINER. THE EXTENSIVE ROSMARIN AND SAUNDERS FAMILY FOREST WILL BE A DEMONSTRATION SITE FOR SUSTAINABLE FORESTRY AND WILL BE MANAGED TO PROTECT WILDLIFE HABITAT AND WATER QUALITY, AND FOR LOW IMPACT OUTDOOR RECREATION. THE SOUTHERN BOUNDARY OF THE PROPERTY IS CLOSE TO KLT'S MACDONALD WOODS CONSERVATION AREA AND THE READFIELD TOWN FOREST. THIS HILLY, WOODED PROPERTY WHICH HAS TRADITIONALLY BEEN USED YEAR ROUND FOR HUNTING, SNOWMOBILING, CROSS COUNTRY SKIING, AND HIKING IS NOW PERMANENTLY PROTECTED AND OPEN TO THE PUBLIC. THE TRUST'S NEWEST PARCEL ON HORSESHOE ISLAND, COBBOSSEE LAKE, FEATURES 3,000 FEET OF UNDEVELOPED SHORELINE, VALUABLE WETLANDS, AND OLD-GROWTH HARDWOODS, PINES, AND HEMLOCKS. A PROPOSED NEW TRAIL WILL OFFER VARIED TERRAIN AND SCENIC VIEWS TO HIKERS AND WILL EXPAND THE CURRENT HORSESHOE ISLAND TRAIL SYSTEM. THE 17-ACRE ROLLING DAM BROOK PRESERVE IS ADJACENT TO KLT'S 12-ACRE DONOHOE PRESERVE CONSERVATION EASEMENT. BOTH PROPERTIES PROTECT WILDLIFE HABITAT AND VALUABLE WETLANDS ON ROLLING DAM BROOK. THE CITY OF GARDINER ALSO OWNS A CONTIGUOUS 53-ACRE WOODED PARCEL. WHEN COMBINED, THESE PROPERTIES CREATE A CONTIGUOUS 82-ACRES OF OPEN SPACE. 1252401 true true false false false false true false false true true false false false false false false false false false false false false false false false false true false false false false false true false true false true true true false false false false false false false true 8 0 4 true false false false false false false false false false false false false X 18 17 true false false false true true true true true false false false true true true true true true true false X X THERESA KERCHNER 2073772848 PO BOX 261 WINTHROP ME 04364 MARY DENISON PRESIDENT 2.00 X X 0 0 0 KIM VANDERMEULEN 1ST VICE PRE 2.00 X X 0 0 0 SCOTT LONGFELLOW 2ND VICE PRE 1.00 X X 0 0 0 PATRICE PUTNAM SECRETARY 1.00 X X 0 0 0 AMY TRUNNELL TREASURER 3.00 X X 0 0 0 JEAN SCUDDER DIRECTOR 1.00 X 0 0 0 BRIAN KENT DIRECTOR 3.00 X 0 0 0 SUE BELL DIRECTOR 1.50 X 0 0 0 HOWARD LAKE DIRECTOR 2.00 X 0 0 0 BOB MARVINNEY DIRECTOR 1.00 X 0 0 0 DEB SEWALL DIRECTOR 1.00 X 0 0 0 JOSEPH STEVENSON DIRECTOR 1.00 X 0 0 0 MARTHA NIELSEN DIRECTOR 1.00 X 0 0 0 JED DAVIS DIRECTOR 1.00 X 0 0 0 THOM HARNETT DIRECTOR 1.00 X 0 0 0 MARTY KENISTON DIRECTOR 1.00 X 0 0 0 JANET SAWYER DIRECTOR 1.00 X 0 0 0 MARTHA NIELSEN DIRECTOR 1.00 X 0 0 0 THERESA KERCHNER EXECUTIVE DI 40.00 X 67860 0 1370 67860 1370 false false false X 121142 167000 1167872 644353 1456014 LYCEUM/WORKSHOPS 900099 9038 9038 ANNUAL MEETING 900099 1438 1438 CANOE RACK 900099 50 50 10526 16190 16190 346973 927071 346937 927071 36 36 36 TIMBER HARVEST 110000 6146 6146 LOGO MERCHANDISE 900099 1016 1016 7162 1489928 17724 16190 1019571 1019571 69870 33978 25894 9998 72025 54948 6684 10393 1423 1085 132 206 11734 7406 2641 1687 35 35 6692 6648 44 3696 3696 1656 135 1521 17052 10298 2448 4306 6775 4522 1278 975 8578 5726 1618 1234 2626 461 2165 15872 15108 433 331 5952 655 5297 6887 5499 1177 211 LAND ACQUISITION COSTS 37547 37547 EDUCATION/OUTREACH 33305 33305 STEWARDSHIP OF LANDS 22292 22292 DUES 1960 1960 1345548 1252401 62241 30906 17609 10619 252462 302773 10000 4718254 34553 5260825 4683701 439678 609924 29 31 5970603 5617048 5817 586522 60093 592339 60093 X 5182657 5304520 105890 152668 89717 99767 5378264 5556955 5970603 5617048 144380 34311 X true X false true false X 399559 329558 735181 680212 1456014 3600524 399559 329558 735181 680212 1456014 3600524 3600524 199 6215 5974 9814 16190 38392 3638916 17688 0.98940 0.99120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 31 1777.00 1 false 366.00 8327 90723 10050 5748 1000 105521 51727 40125 -129 1000 90723 47507 4845 434 1059 51727 28665 16100 3317 575 47507 2000 26647 18 28665 0.95000 0.05000 false false 4544832 4544832 158840 23385 135455 13026 10623 2403 1556 545 1011 4683701 1568237 34311 43998 78309 1489928 1489928 1389546 43998 43998 1345548 1345548 SCHEDULE D, PAGE 1, PART II, LINE 9 CONSERVATIONS EASEMENTS PURCHASED OR DONATED ARE RECORDED AS ASSETS ON THE STATEMENT OF ASSETS, LIABILITIES, AND NET ASSETS-MODIFIED CASH BASIS AT THE VALUE OF 1 EACH IN ORDER TO KEEP TRACK OF THE NUMBER OF EASEMENTS HELD BY KLT. ALL EASEMENTS ACQUIRED BY PURCHASE ARE EXPENSED AS EASEMENT ACQUISITIONS IN THE STATEMENT OF REVENUES, EXPENSES AND CHANGES IN NET ASSETS-MODIFIED CASH BASIS. IN ADDITION, COSTS INCURRED IN OBTAINING THE EASEMENTS ARE EXPENSED. A NOMINAL BOOK VALUE OF 1 IS ASSIGNED TO EACH CONSERVATION EASEMENT DUE TO THE LACK OF FORESEEABLE FUTURE CASH FLOW BENEFITS AND AN ABSENCE OF A SECONDARY EASEMENT MARKET. SCHEDULE D, PAGE 2, PART V, LINE 4 EARNINGS FROM THE PERMANENT ENDOWMENT ARE INCLUDED IN TEMPORARILY RESTRICTED ASSETS AND CAN BE USED TO SUPPORT THE MISSION OF THE ORGANIZATION. true CITY OF AUGUSTA 16 CONY ST AUGUSTA ME 04330 016000019 GOV 92500 927071 COST LAND PARCEL TRANSFER OWNERSHIP 1 SCHEDULE I, PAGE 4, PART IV ON MARCH 23, 2017, KLT TRANSFERRED A LAND PARCEL TO THE CITY OF AUGUSTA ALONG WITH A STEWARDSHIP CASH DONATION OF 92,500, AS DETERMINED USING A STEWARDSHIP CALCULATOR. THE CITY OF AUGUSTA GRANTED A CONSERVATION EASEMENT TO KLT THAT ENSURES THE PROPERTY WILL BE CONSERVED IN PERPETUITY. SAWYER INVESTMENTS LLC SAWYER INVESTMENTS LLC BOARD DIRECTOR MORTGAGE FOR OFFICE BUILDING X 100000 60093 false true true 60093 SAWYER INVESTMENTS LLC BRD MEM 28727 PRIN/INT ON MORTGAGE false KENNEBEC SAVINGS BANK CONTRIBUTOR 13575 INT ON NOTE PAYABLE false X 5 288453 MEAN VALUATION ON DATE NOMINAL VALUE X 4 355900 TAX ASSESS/APPRAISEDVALUE 2 false true true SCHEDULE M, PAGE 1, PART I, LINE 32B GIFTS OF MARKETABLE SECURITIES ARE SOLD BY OUR INVESTMENT AGENTS, KENNEBEC SAVINGS BANK OR CRIBSTONE CAPITAL MANAGEMENT, UPON RECEIPT AND PROCEEDS OF THE SALE ARE DEPOSITED TO OUR BANK ACCOUNT. SCHEDULE M, PAGE 2, PART II GIFTS OF LAND AND CONSERVATION EASEMENTS ARE HELD IN ACCORDANCE WITH LAND ACQUISITION POLICY, WHICH IS GENERALLY IN PERPETUITY. NOMINAL BOOK VALUE OF 1 IS ASSIGNED TO EACH CONSERVATION EASEMENT DUE TO A LACK OF FORESEEABLE FUTURE CASH FLOW BENEFITS AND AN ABSENCE OF A SECONDARY EASEMENT MARKET. FORM 990 - ORGANIZATION'S MISSION THE KENNEBEC LAND TRUST WORKS COOPERATIVELY WITH LANDOWNERS AND COMMUNITIES TO CONSERVE THE FORESTS, SHORELANDS, FIELDS, AND WILDLIFE THAT DEFINE CENTRAL MAINE. KLT PROTECTS LAND PERMANENTLY, OFFERS OPPORTUNITIES FOR PEOPLE TO LEARN ABOUT AND ENJOY THE NATURAL WORLD, AND WORKS WITH PARTNERS TO SUPPORT SUSTAINABLE FORESTRY AND FARMING. ESTABLISHED IN 1988, KLT WORKS IN 21 COMMUNITIES TO PROTECT 5648 ACRES ON 65 PROPERTIES THROUGH LAND DONATIONS, PURCHASES, AND CONSERVATION EASEMENTS. KLT ORGANIZES HIKES, PADDLES, AND AN ANNUAL MARCH LECTURE (LYCEUM) SERIES, AND OUTDOOR PHOTOGRAPHY AND PAINTING WORKSHOPS THAT ENCOURAGE RESIDENTS AND VISITORS TO LEARN ABOUT AND ENJOY KENNEBEC COUNTY'S NATURAL LANDSCAPE. ONE HUNDRED DEDICATED VOLUNTEERS, INCLUDING 66 LAND STEWARDS, COMMIT OVER 2,161 HOURS OF TIME ANNUALLY TO SUPPORT KLT'S STEWARDSHIP,EDUCATION, ADMINISTRATION, AND GOVERNANCE. KLT HAS CONSTRUCTED 43 MILES OF TRAILS ON KLT LAND. KLT HAS HAD 28 INTERNS FROM 18 COLLEGES AND UNIVERSITIES SINCE 2005, HELPING TO DEVELOP THE NEXT GENERATION OF CONSERVATION LEADERSHIP. KLT IS ALSO THE FOUNDING MEMBER, WITH THE MAINE FOREST SERVICE (MFS), OF KENNEBEC WOODLAND PARTNERSHIP (KWP), A REGIONAL CONSERVATION INITIATIVE WITH THIRTEEN GOVERNMENTAL AND NON-GOVERNMENTAL ORGANIZATIONS THAT PROMOTES PRIVATE AND PUBLIC WOODLAND STEWARDSHIP AND CONSERVATION. IN 2013, KENNEBEC LAND TRUST,KWP AND THREE STATEWIDE PARTNERS: COASTAL ENTERPRISES INC, MAINE COAST HERITAGE TRUST, AND GROWSMART MAINE, LAUNCHED LOCAL WOOD WORKS (LWW). THE NATURE CONSERVANCY AND THE NORTHERN FOREST CENTER SIGNED ON AS PARTNERS IN 2015. THE SHARED MISSION OF THE LOCAL WOOD WORKS PARTNERS IS TO ADVANCE FOREST-BASED LOCAL ECONOMIES AND SUPPORT THE LONG-TERM CONSERVATION AND SUSTAINABILITY OF MAINE'S WOODLANDS. LWW PARTNERS ARE COMMITTED TO: SUSTAINABLE FORESTRY; LAND STEWARDSHIP; STRONG AND RESILIENT LOCAL ECONOMIES; CONSERVATION OF BOTH WORKING WOODLANDS AND ECOLOGICAL RESERVES; REDUCED ENERGY CONSUMPTION AND TRANSPORTATION COSTS BASED ON LOCAL PRODUCTS; AND, PROVIDING SUPPORT TO LANDOWNERS, LOGGERS, PROCESSORS, MANUFACTURERS, AND CONSUMERS. ON NOVEMBER 14, 2014, LWW PARTNERS HOSTED MAINE'S FIRST LOCAL WOOD WORKS CONFERENCE IN AUGUSTA. ONE HUNDRED AND TWENTY PEOPLE FROM ACROSS THE NORTHEAST GATHERED TO ENGAGE, DISCUSS, AND LEARN ABOUT LOCAL WOOD ECONOMIES. THE CONFERENCE FEATURED SUCCESS STORIES FROM BUSINESSES THAT THRIVE FROM MAINE'S FORESTS IN THE LOGGING, PROCESSING, FUEL, HOME BUILDING, AND FINE WOOD WORKING INDUSTRIES; AND GROUP DISCUSSIONS WITH BUSINESS LEADERS, POLICY MAKERS, LANDOWNERS, AND RESEARCHERS ON HOW BEST TO IMPROVE AND GROW THE LOCAL WOOD ECONOMY. IN 2016, LWW PARTNERS MET WITH THE FOLLOWING STAKEHOLDERS TO IDENTIFY VIABLE COLLABORATIVE PATHWAYS FOR AN ENHANCED LOCAL WOOD ECONOMY IN MAINE: PORTLAND-ARCHITECTS AND BUILDERS BETHEL-MANUFACTURING AND PROCESSING FARMINGTON-LANDOWNERS, FORESTERS AND LOGGERS AUGUSTA-POLICY EXPERTS AND ADVOCATES AUGUSTA-AGRICULTURE AND LOCAL FOOD EXPERTS DURING THE FALL AND WINTER OF 2016-2017, LWW PARTNERS CONTINUED TO WORK TOGETHER TO ADVANCE FOREST-BASED LOCAL ECONOMIES AND SUPPORT THE LONG-TERM CONSERVATION AND SUSTAINABILITY OF MAINE'S WOODLANDS. OUR WHITE PAPER: BUILDING MAINE'S LOCAL WOOD ECONOMY, TOGETHER WITH CONSERVATION: HTTPS://WWW.TKLT.ORG/LOCAL-WOOD-WORKS-2017-WHITE-PAPER/, WAS PUBLISHED AND WIDELY DISTRIBUTED IN SEPTEMBER, 2016. THIS PAPER IS A ROAD MAP FOR FUTURE COLLABORATION. AT THIS TIME THE PARTNERS ARE FOCUSED ON INITIATIVES WITH BUILDERS AND ARCHITECTS. FORM 990 KLT RECEIVED AN ESTIMATED 43,998 OF DONATED SERVICES AND FACILITIES WHICH ARE REPORTED IN OUR REVIEWED FINANCIAL STATEMENTS. DONATED SERVICES AND FACILITIES ARE AS FOLLOWS: STEWARDSHIP BASELINE WORK (2923); LEGAL SERVICES FOR LAND ACQUISITIONS (30875);GENERAL ACCOUNTING AND TAX SERVICES (5200); AND FACILITIES SPACE FOR ANNUAL MEETING (5000). FORM 990, PAGE 1, PART I, LINE 6 ONE HUNDRED DEDICATED VOLUNTEERS, INCLUDING INTERNS AND 66 LAND STEWARDS, COMMITTED 2,161 HOURS OF TIME THIS FISCAL YEAR TO SUPPORT KLT'S STEWARDSHIP,EDUCATION, ADMINISTRATION AND GOVERNANCE. DONATED SERVICES AND FACILITIES ARE NOT INCLUDED HERE, BUT ARE RECORDED ON THE ORGANIZATION'S REVIEWED FINANCIAL STATEMENTS. DONATED USE OF A FACILITY FOR THE ANNUAL MEETING HAD AN ESTIMATED FAIR MARKET VALUE OF 5,000 AND DONATED SERVICES REQUIRING SPECIALIZED SKILLS FOR PRINTING, PROFESSIONAL DESIGN WORK, PROFESSIONAL CONSULTING, LEGAL SERVICES AND ACCOUNTING SERVICES HAD AN ESTIMATED VALUE OF 38,998. THE ORGANIZATION BENEFITS FROM PERSONAL SERVICES PROVIDED BY A SUBSTANTIAL NUMBER OF PEOPLE FOR WHICH A DONATED VALUE CANNOT BE CALCULATED. FORM 990, PAGE 2, PART III, LINE 4A YOUR WOODLAND: A RESOURCE GUIDE FOR KENNEBEC COUNTY LANDOWNERS, PUBLISHED IN FEBRUARY 2012; BETWEEN PERSON AND PLACE: CONSERVATION HISTORIES FROM THE KENNEBEC LAND TRUST, PUBLISHED IN 2010, INCLUDES ESSAYS AND PHOTOGRAPHS HIGHLIGHTING THE STORIES BEHIND KLT'S CONSERVATION LANDS; ADVENTURE, DISCOVER, EXPLORE: A FAMILY GUIDE TO KLT PROPERTIES, PUBLISHED IN 2008, INCLUDES ACTIVITIES FOR CHILDREN AND PARENTS. PROGRAMMING INCLUDES: ANNUAL HIKES, PADDLES, BIRD WALKS AND OUTDOOR PHOTOGRAPHY AND PAINTING WORKSHOPS; SINCE 2009, OVER 1,400 CENTRAL MAINE STUDENTS, PARENTS, AND TEACHERS HAVE LEARNED ABOUT SUSTAINABLE FORESTRY AT THE KENNEBEC LAND TRUST'S ANNUAL EDUCATIONAL PROGRAM AT THE 360-ACRE CURTIS HOMESTEAD CONSERVATION AREA IN LEEDS, ME. 15TH ANNUAL MARCH LECTURE SERIES - LYCEUM - CELEBRATING HISTORY, ARTS AND ECOLOGY PROGRAMS; KLT ANNUAL MEETING CELEBRATION INCLUDING HIKES, PADDLES AND COOKOUT; ANNUAL STEWARDSHIP WORKSHOP FOR OUR 66 VOLUNTEER STEWARDS. FORM 990, PAGE 2, PART III, LINE 4B PLAN, WHICH WILL BE UPDATED IN 2019, WILL CONTINUE TO INFORM AND GUIDE KLT'S LAND ACQUISITION AND CONSERVATION EASEMENT PRIORITIES FOR THE FUTURE. KLT IS A LEAD PARTNER AND THE FISCAL AGENT FOR BOTH THE KENNEBEC WOODLAND PARTNERSHIP (KWP) AND THE LOCAL WOOD WORKS INITIATIVE, TWO SUCCESSFUL REGIONAL CONSERVATION INITIATIVES FOCUSED ON THE LONG-TERM SUSTAINABILITY OF KENNEBEC COUNTY'S WOODLANDS AND A LANDSCAPE-LEVEL APPROACH TO CONSERVATION. FORM 990, PAGE 2, PART III, LINE 4C EIGHT-YEAR PROCESS UNDERTAKEN BY KLT DESIGNED TO PRESERVE FOREVER, AS OPEN SPACE, THE WOODED BACKDROP TO THE STATE'S CAPITOL. ONE HUNDRED THIRTY SIX INDIVIDUALS, EIGHT PRIVATE AND PUBLIC FOUNDATIONS, AND FIFTEEN MAINE BUSINESSES AND NON-PROFITS DONATED TO THE HOWARD HILL CAMPAIGN. THIS PERMANENTLY PROTECTED LANDMARK IS A UNIQUE NATURAL, HISTORIC, AND SCENIC FOREST OF STATEWIDE SIGNIFICANCE. HOWARD HILL'S IMMEDIATE PROXIMITY TO THE CAPITOL COMPLEX FURTHER ENHANCES ITS PUBLIC VALUES AND ACCESSIBILITY. THIS HIGHLY VISIBLE LANDSCAPE WILL PROVIDE MANY OPPORTUNITIES TO PROFILE THE COMMUNITY BENEFITS OF LAND CONSERVATION AND SUSTAINABLE FORESTRY. THIS CONSERVATION PROPERTY ALSO OFFERS MANY OPPORTUNITIES FOR YEAR-ROUND RECREATION INCLUDING HIKING, PICNICKING, CROSS-COUNTRY SKIING, NATURE OBSERVATION, AND HUNTING. KLT'S MOST RECENT FEE AND EASEMENT ACQUISITIONS ARE: THE 342-ACRE ROSMARIN AND SAUNDERS FAMILY FOREST IN READFIELD; THE 26-ACRE HORSESHOE ISLAND ADDITION TO THE 72-ACRE COBBOSSEE ISLANDS PRESERVES IN WINTROP; THE 17-ACRE ROLLING DAM PRESERVE IN GARDINER; AND THE 12-ACRE DONOHOE PRESERVE CONSERVATION EASEMENT IN GARDINER. THE EXTENSIVE ROSMARIN AND SAUNDERS FAMILY FOREST WILL BE A DEMONSTRATION SITE FOR SUSTAINABLE FORESTRY AND WILL BE MANAGED TO PROTECT WILDLIFE HABITAT AND WATER QUALITY, AND FOR LOW IMPACT OUTDOOR RECREATION. THE SOUTHERN BOUNDARY OF THE PROPERTY IS CLOSE TO KLT'S MACDONALD WOODS CONSERVATION AREA AND THE READFIELD TOWN FOREST. THIS HILLY, WOODED PROPERTY WHICH HAS TRADITIONALLY BEEN USED YEAR ROUND FOR HUNTING, SNOWMOBILING, CROSS COUNTRY SKIING, AND HIKING IS NOW PERMANENTLY PROTECTED AND OPEN TO THE PUBLIC. THE TRUST'S NEWEST PARCEL ON HORSESHOE ISLAND, COBBOSSEE LAKE, FEATURES 3,000 FEET OF UNDEVELOPED SHORELINE, VALUABLE WETLANDS, AND OLD-GROWTH HARDWOODS, PINES, AND HEMLOCKS. A PROPOSED NEW TRAIL WILL OFFER VARIED TERRAIN AND SCENIC VIEWS TO HIKERS AND WILL EXPAND THE CURRENT HORSESHOE ISLAND TRAIL SYSTEM. THE 17-ACRE ROLLING DAM BROOK PRESERVE IS ADJACENT TO KLT'S 12-ACRE DONOHOE PRESERVE CONSERVATION EASEMENT. BOTH PROPERTIES PROTECT WILDLIFE HABITAT AND VALUABLE WETLANDS ON ROLLING DAM BROOK. THE CITY OF GARDINER ALSO OWNS A CONTIGUOUS 53-ACRE WOODED PARCEL. WHEN COMBINED, THESE PROPERTIES CREATE A CONTIGUOUS 82-ACRES OF OPEN SPACE. FORM 990, PAGE 6, PART VI, LINE 2 LAKE AND DENISON LAKE AND DENISON PARTNER PARTNER BOARD MEMBERS FORM 990, PAGE 6, PART VI, LINE 6 KLT IS A MEMBERSHIP ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS PRESENT AT THE ANNUAL MEETING ELECT THE SLATE OF OFFICERS AND MEMBERS OF THE BOARD. FORM 990, PAGE 6, PART VI, LINE 7B MEMBERS APPROVE THE SLATE OF OFFICERS, ELECT MEMBERS TO THE BOARD, AND VOTE ON ANY CHANGES TO THE BY-LAWS AT THE ANNUAL MEETING IN AUGUST. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS PRESENTED BY THE TREASURER TO THE FINANCE COMMITTEE FOR REVIEW PRIOR TO SUBMISSION. THE FULL BOARD RECEIVES A COPY OF THE FORM 990 WITHIN 30 DAYS OF ITS SUBMISSION. AT DONOR REQUEST, DONOR NAMES AND ADDRESSES HAVE BEEN REDACTED FROM THE COPY OF THE FORM 990 MADE AVAILABLE TO THE FULL BOARD. CONSISTENT WITH THE REQUIREMENTS OF SEC. 6104(D) OF THE IRC AND REGULATIONS THEREUNDER, COPIES OF THE FORM 990 ARE AVAILABLE UPON REQUEST AND A COPY IS POSTED ON THE WEBSITE. FORM 990, PAGE 6, PART VI, LINE 12C ANNUALLY, BOARD AND STAFF MEMBERS ARE REQUIRED TO SIGN A STATEMENT INDICATING THAT THEY ARE ABIDING BY THE CONFLICT OF INTEREST POLICY. WHEN MATTERS ARISE IN THE BOARD MEETINGS FOR WHICH A BOARD OR STAFF MEMBER HAS A CONFLICT, THAT PERSON/S WILL LEAVE THE ROOM DURING DISCUSSION AND, IF A BOARD MEMBER, WILL RECUSE THEMSELVES FROM THE VOTE. FORM 990, PAGE 6, PART VI, LINE 15A ANNUALLY, THE EXECUTIVE COMMITTEE MEETS TO REVIEW COMPENSATION AND BENEFITS FOR EXECUTIVE DIRECTOR. COMPARABLE DATA IS REVIEWED FROM OTHER LAND TRUST SOURCES AND PROPOSED COMPENSATION AND BENEFITS ARE PRESENTED TO THE FULL BOARD WITHIN THE BUDGET. THE COMPENSATION AND BENEFITS ARE ADOPTED AT THE JUNE MEETING AS PART OF THE BUDGET ADOPTION PROCESS. FORM 990, PAGE 6, PART VI, LINE 15B ANNUALLY, THE EXECUTIVE COMMITTEE MEETS TO REVIEW COMPENSATION AND BENEFITS FOR KEY PERSONNEL. COMPARABLE DATA IS REVIEWED FROM OTHER LAND TRUST SOURCES AND PROPOSED COMPENSATION AND BENEFITS ARE PRESENTED TO THE FULL BOARD WITHIN THE BUDGET. THE COMPENSATION AND BENEFITS ARE ADOPTED AT THE JUNE MEETING AS PART OF THE BUDGET ADOPTION PROCESS. FORM 990, PAGE 6, PART VI, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VIII LINE 7A, B AND C - PUBLIC SECURITIES SOLD