2015-08-13T12:59:50-05:00 2014-12-31 010440155 RUNYON KERSTEEN OUELLETTE 20 LONG CREEK DRIVE SOUTH PORTLAND ME 04106 990 2014-01-01 010504905 GULF OF MAINE RESEARCH INSTITUTE GULF 2077722321 350 COMMERCIAL STREET PORTLAND ME 04101 DONALD W PERKINS JR PRESIDENT 2077752321 2015-08-06 1 THOMAS EMERY P00532592 2077732986 2014 2016-03-07 17:11:31Z DONALD W PERKINS JR 350 COMMERCIAL STREET PORTLAND ME 04101 10210039 0 X WWW.GMRI.ORG X 1994 ME THE GULF OF MAINE RESEARCH INSTITUTE IS A NOT-FOR-PROFIT CORPORATION COMMITTED TO (I) EDUCATING THE PUBLIC ABOUT THE GULF OF MAINE AND ITS WATERSHED; (II) FACILITATING AND CONDUCTING MARINE RESEARCH; (III) ENABLING INFORMED DECISIONS ABOUT THE STEWARDSHIP AND USE OF THE GULF OF MAINE; (IV) APPLYING LESSONS LEARNED IN THE GULF OF MAINE TO OTHER MARINE COMMUNITIES WORLDWIDE; AND, (V) UNDERTAKING THE FINANCING, SITING, DESIGN, CONSTRUCTION AND OPERATION OF FACILITIES TO SUPPORT ITS EDUCATION AND RESEARCH INTERESTS. 22 22 80 5 0 0 7550604 6847803 557849 443919 54308 16876 85968 98689 8248729 7407287 0 0 0 0 4263844 4587183 16065 141852 1345796 3234082 2849031 7513991 7578066 734738 -170779 11609217 11224552 1045955 708757 10563262 10515795 SEE SCHEDULE O. 0 0 1706460 5000 EDUCATED K-12 STUDENTS AND TEACHERS ABOUT THE GULF OF MAINE BIOREGION. 2475223 138192 MANAGED AND CONDUCTED MARINE RESEARCH PRIMARILY RELATED TO THE GULF OF MAINE BIOREGION, WITH A MINOR AMOUNT OF RESEARCH RELATED TO OTHER OCEAN ECOSYSTEMS. 1835234 300727 PROVIDED PROGRAMS FOR TRAINING, TECHNICAL ASSISTANCE, COMMUNICATIONS AND CONVENING FOR STAKEHOLDERS AND GENERAL PUBLIC IN POLICY AND EMERGING CHALLENGES PRIMARILY RELATED TO THE GULF OF MAINE BIOREGION, WITH A MINOR AMOUNT OF COLLABORATIVE PROGRAM DEVELOPMENT IN OTHER OCEAN REGIONS. 6016917 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 1 48 0 1 80 1 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 ME X X DONALD W PERKINS JR 2077722321 350 COMMERCIAL STREET PORTLAND ME 04101 KIMBERLY P GORTON CHAIR 2.00 X X 0 0 0 SARA J BURNS DIRECTOR 1.00 X 0 0 0 STEVEN X CADRIN DIRECTOR 1.00 X 0 0 0 CORSON ELLIS VICE CHAIR 2.00 X X 0 0 0 PETER W DAVIDSON DIRECTOR 1.00 X 0 0 0 FRANK BLAIR DIRECTOR 1.00 X 0 0 0 GERALD C KNECHT DIRECTOR 1.00 X 0 0 0 DONALD W PERKINS JR PRESIDENT 35.00 5.00 X X 268643 0 76771 ELIZABETH R BUTLER SECRETARY 2.00 X X 0 0 0 CHARLES E MILLER DIRECTOR 1.00 X 0 0 0 ANDREW P BAROWSKY DIRECTOR 1.00 X 0 0 0 THOMAS E KELLER DIRECTOR 1.00 X 0 0 0 ROGER L MARTIN TREASURER 2.00 X X 0 0 0 ROBERT H SUVA DIRECTOR 1.00 X 0 0 0 SAMUEL A LADD DIRECTOR 1.00 X 0 0 0 C ANTHONY MCDONALD DIRECTOR 1.00 X 0 0 0 CHARLES G MOORE DIRECTOR 1.00 X 0 0 0 MATTHEW E RUBEL DIRECTOR 1.00 X 0 0 0 DAVID T LAWRENCE DIRECTOR 1.00 X 0 0 0 JOSHUA B BRODER DIRECTOR 1.00 X 0 0 0 KATHERINE S POPE DIRECTOR 1.00 X 0 0 0 DAVID E TOWNSEND DIRECTOR 1.00 X 0 0 0 ANDREW PERSHING CHIEF SCIENTIFIC OFF 40.00 X 121040 0 21204 STEPHEN EAYRS RESEARCH SCIENTIST 40.00 X 115595 0 15871 BLAINE GRIMES CHIEF DEVELOPMENT OFFICER 40.00 X 146858 0 21943 ELLEN GRANT CHIEF OPERATING OFFICER 40.00 X 136842 0 20076 CHIN-HWA SUN RESOURCE ECONOMIST 40.00 X 125380 0 22059 914358 0 177924 6 0 1 0 CUSTOM COACH AND LIMOSINE PO BOX 17514 PORTLAND ME 04112 BUS TRANSPORTATION 164397 1 1857920 4989883 840789 6847803 CONTRACT INCOME 900099 324093 324093 CONSULTING INCOME 900099 119826 119826 443919 57055 57055 21080 17637 3443 3443 3443 2744936 2778965 6150 -34029 -6150 -40179 -40179 PROPERTY MGMT FEE 900099 86100 86100 OTHER 900099 9146 9146 95246 7407287 539165 0 20319 294317 294317 3154946 2054539 660858 439549 101887 68068 19831 13988 769318 546223 105655 117440 266715 174711 52133 39871 13352 5653 7699 21583 21583 141852 141852 16541 16541 584077 461794 15305 106978 252980 105326 91369 56285 11127 2352 8775 37 37 491986 491986 376769 256675 82340 37754 14445 12065 1513 867 14484 14484 262798 262798 61066 2849 58217 OTHER SPECIAL COSTS 532526 555581 3339 -26394 SUBCONTRACTED VESSELS 114875 114875 STAFF DEVELOPMENT 32581 6102 25645 834 DUES AND SUBSCRIPTIONS 15122 4901 2201 8020 32682 1645203 -2004695 392174 7578066 6016917 215353 1345796 X 619692 353723 339209 698993 1298769 1259510 401041 406311 44439 48878 6605572 2037687 4370908 4567885 4296361 3144241 238798 745011 11609217 11224552 461152 268927 580587 439581 4216 249 1045955 708757 X 7267889 8035379 2422748 1477317 872625 1003099 10563262 10515795 11609217 11224552 -170779 123312 0 X X 0 1 X 1 1 1 X 9238241 7068860 7116441 7550604 6847803 37821949 9238241 7068860 7116441 7550604 6847803 37821949 4192816 33629133 80810 68586 81079 64933 78135 373543 2933 2587 -116 233 9146 14783 38210275 3471897 0.88010 0.86840 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS RECEIPTS - 2010 AMOUNT: $ 2,933. 2011 AMOUNT: $ 2,587. 2012 AMOUNT: $ -116. 2013 AMOUNT: $ 233. 2014 AMOUNT: $ 9,146. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1606724 68272 122970 69748 1728218 1373018 269032 35326 1606724 1272859 162609 62450 1373018 1336654 -494 63301 1272859 1243623 11391 147243 65603 1336654 1.00000 0.00000 0.00000 0 0 1677436 1677436 266400 13320 253080 2696181 335603 2360578 954832 787446 167386 1010723 901318 109405 4567885 ACCRUED INTEREST AND DIVIDEND RECEIVABLE 8954 BENEFICIAL INTEREST IN REMAINDER TRUST 134764 ESCROWS 20545 BENEFICIAL INTEREST IN POOLED INVESTMENTS HELD BY OTHERS 580748 745011 DUE TO GULF OF MAINE PROPERTIES, INC. 249 249 X 7585591 123312 37355 17637 178304 7407287 0 7407287 7633058 37355 17637 54992 7578066 0 7578066 PART V, LINE 4: THE INTENDED USE OF THESE ENDOWMENT FUNDS IS FOR LONG-TERM INVESTMENT PURPOSES. THE INCOME IS TO BE USED TO HELP MEET THE OPERATING COSTS OF GMRI AND, IF NECESSARY, THE BALANCE IS TO PROVIDE A LAST-RESORT SOURCE OF FUNDS IN THE CASE OF SERIOUS FINANCIAL NEED. PART X, LINE 2: GMRI AND GMPINC FOLLOW THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AS PROVIDED FOR IN THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION; THE IMPLEMENTATION OF THESE PROVISIONS IN 2009 HAD NO MATERIAL IMPACT ON GMRI AND GMPINC'S FINANCIAL STATEMENTS. THIS STATEMENT CLARIFIES THE CRITERIA THAT AN INDIVIDUAL TAX POSITION MUST SATISFY FOR SOME OR ALL OF THE BENEFITS OF THAT POSITION TO BE RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. IT ALSO PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT, AND A MEASUREMENT ATTRIBUTE FOR ALL TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN, IN ORDER FOR THOSE TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. THERE HAS BEEN NO CUMULATIVE EFFECT ON GMRI AND GMPINC'S FINANCIAL STATEMENTS RELATED TO THESE PROVISIONS, AND NO INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS WERE ACCRUED. GMRI AND GMPINC ARE CURRENTLY OPEN TO AUDIT UNDER THE STATUTE OF LIMITATIONS BY THE INTERNAL REVENUE SERVICE AND STATE TAXING AUTHORITIES FOR YEARS ENDED DECEMBER 31, 2011 THROUGH 2014. PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPENSES ALLOCABLE TO RENTAL INCOME 17,637. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES ALLOCABLE TO RENTAL INCOME 17,637. EUROPE 0 0 PROGRAM SERVICE SEAFISH INDUSTRY AUTHORITY CONTRACTED WITH GMRI TO SECURE OUR CONTINUING INPUT TO THE FISHING INTO THE FUTURE (FITF) INITIATIVE, WHICH WE HAVE HELPED TO DEVELOP THROUGH FACILITATION AND CONVENING SERVICES, AS DETAILED BELOW:1. PARTICIPATED IN, PREPARED FOR AND FOLLOWED UP FROM FITF ORGANIZING TEAM CONFERENCE CALLS, USUALLY EVERY TWO WEEKS2. CONTRIBUTED TO STEERING GROUP SUB-COMMITTEES, SPECIFICALLY FACILITATING AND ADVISING FOR THE TRAINING AND OUTREACH SUB-COMMITTEE3. FACILITATED 2-DAY IN PERSON STEERING GROUP MEETING IN SCOTLAND, UK, IN JANUARY 20144. FACILITATED 2-DAY IN PERSON TRAINING AND OUTREACH SUB-COMMITTEE MEETING IN SCOTLAND, UK IN SEPTEMBER 2014 20831 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICE FIELDWORK WAS COMPLETED IN THAILAND AND DATA ANALYSIS AND REPORT IN THE USA.THE OBJECTIVE OF THE PROJECT WAS TO TEST AND DEVELOP PROTOCOLS FOR MEASURING ENERGY CONSUMPTION BY THE THAI SMALL-BOAT TRAWL FLEET. THIS INCLUDED DELIVERY OF A SURVEY TO THAI FISHERMEN REGARDING THEIR ENERGY CONSUMPTION, A SITE VISIT TO DESCRIBE SOURCES OF CONSUMPTION AND MEASURE CONSUMPTION RATES, AND A FINAL ANALYSIS WITH RECOMMENDATIONS FOR THE INTRODUCTION OF ENERGY SAVING OPTIONS. THIS PROJECT WAS FUNDED BY THE FOOD AND AGRICULTURE ORGANIZATION OF THE UNITED NATIONS. 7621 0 0 0 0 0 0 28452 0 28452 0 0 0 0 0 0 X X X X X X 1 THE SOLSTICE GROUP INC 120 BRINDLEY STREET SUITE 7 ITHACA NY 14850 FUNDRAISING CONSULTING 0 0 53852 0 TINA LEVY 21 AMETHYST WAY FALMOUTH ME 04105 CAMPAIGN CONSULTANT 0 0 88000 0 141852 ME X X X X X 0 0 0 0 0 0 0 0 0 DONALD W PERKINS JR PRESIDENT 268643 0 0 0 0 0 60400 0 16371 0 345414 0 0 0 BLAINE GRIMES CHIEF DEVELOPMENT OFFICER 146858 0 0 0 0 0 5572 0 16371 0 168801 0 0 0 ELLEN GRANT CHIEF OPERATING OFFICER 136842 0 0 0 0 0 5205 0 14871 0 156918 0 0 0 JOSHUA BRODER DIRECTOR OF ORGANIZATION AND OWNER OF TILSON GOVERNMENT SERVICES, LLC. 18070 TILSON PROVIDED CONSULTING SERVICES ON POWERHOUSE CONTRACT 0 SAMUEL LADD DIRECTOR OF ORGANIZATION AND PRESIDENT OF ORGANIZATION'S BANK. 0 BANK LINE OF CREDIT ($750K LIMIT), NO OUTSTANDING BALANCE AT DECEMBER 31, 2014. 0 CHARLES MILLER DIRECTOR OF ORGANIZATION AND ATTORNEY WITH BERNSTEIN SHUR. 7516 PROPERTY LEGAL FEES WERE PAID TO BERNSTEIN SHUR. 0 X 13 418289 MARKET VALUE X 1 422500 MARKET VALUE 0 1 1 PART I, LINE 32B: THE ORGANIZATION USES AN INVESTMENT FIRM TO SELL ANY STOCK CONTRIBUTIONS IT RECEIVES. FORM 990, PART III, LINE 1 - MISSION & PROGRAM SERVICE ACCOMPLISHMENTS: THE GULF OF MAINE RESEARCH INSTITUTE IS A NOT-FOR-PROFIT CORPORATION COMMITTED TO (I) EDUCATING THE PUBLIC ABOUT THE GULF OF MAINE AND ITS WATERSHED; (II) FACILITATING AND CONDUCTING MARINE RESEARCH; (III) ENABLING INFORMED DECISIONS ABOUT THE STEWARDSHIP AND USE OF THE GULF OF MAINE; (IV) APPLYING LESSONS LEARNED IN THE GULF OF MAINE TO OTHER MARINE COMMUNITIES WORLDWIDE; AND, (V) UNDERTAKING THE FINANCING, SITING, DESIGN, CONSTRUCTION AND OPERATION OF FACILITIES TO SUPPORT ITS EDUCATION AND RESEARCH INTERESTS. THE GULF OF MAINE RESEARCH INSTITUTE IS A NEUTRAL AND STRATEGICALLY FOCUSED MARINE SCIENCE CENTER. OUR GOAL IS TO SUPPORT THE GULF OF MAINE'S EMERGENCE AS ONE OF THE WORLD'S MOST VIBRANT MARINE COMMUNITIES. WE ARE WORKING TO BALANCE THE STEWARDSHIP AND USE OF THE REGION'S OCEAN RESOURCES, PROMOTE STAKEHOLDER INVOLVEMENT IN SOUND DECISION-MAKING, INCREASE THE SCIENCE ASPIRATIONS OF SUCCESSIVE GENERATIONS OF YOUNG PEOPLE, AND CATALYZE INNOVATIVE AND SUSTAINABLE OPPORTUNITIES FOR A 21ST CENTURY MARINE ECONOMY. OUR SCIENTISTS PARTNER WITH FISHERMEN TO BUILD KNOWLEDGE OF COMMERCIAL FISH SPECIES, CRITICAL HABITATS, FISHING GEAR TECHNOLOGY, AND HUMAN BEHAVIORS TO ENABLE MORE EFFECTIVE FISHERY MANAGEMENT IN THE GULF OF MAINE. OUR EDUCATION PROGRAMS ENGAGE STUDENTS WITH THE SCIENTIFIC METHOD AND ENCOURAGE THEM TO LEARN ABOUT MAINE'S FRESH AND SALTWATER ECOSYSTEMS. OUR COMMUNITY PROGRAMS BRING TOGETHER SCIENTISTS, FISHERMEN, ENVIRONMENTALISTS, AND POLICYMAKERS TO IDENTIFY AND ADDRESS EMERGING CHALLENGES IN THE GULF OF MAINE AND ITS WATERSHED. WE HAVE BUILT A WORLD-CLASS MARINE RESEARCH LABORATORY, WHICH INCLUDES A DIGITAL INTERACTIVE EDUCATION ENVIRONMENT. GMRI LEASES 72% OF THE FACILITIES AND ATTRACTS A MIX OF FOR-PROFIT, PUBLIC AND NON-PROFIT TENANTS TO LEASE THE REMAINING SPACE AND TO CREATE A NODE OF COLLABORATIVE MARINE RESEARCH. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION HAS THE FOLLOWING REVIEW AND APPROVAL PROCESS: 1. 990 FILINGS ARE REVIEWED BY GMRI FINANCIAL STAFF. 2. COPIES OF 990 FILINGS ARE THEN PROVIDED TO THE PRESIDENT AND FINANCE COMMITTEE. 3. COPIES OF THE FINAL 990 FILING ARE PROVIDED TO THE ORGANIZATION'S DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C STAFF AND BOARD ARE MINDFUL OF THE POTENTIAL FOR CONFLICT OF INTEREST. IF ONE ARISES, WE DISCUSS AND ADDRESS THE ISSUE. ANNUALLY BOARD MEMBERS ARE PRESENTED WITH A DISCLOSURE FORM. FORM 990, PART VI, SECTION B, LINE 15 STAFF AND EXTERNAL STAKEHOLDERS ARE ASKED TO GIVE INPUT ON THE PERFORMANCE OF THE PRESIDENT. THE INFORMATION IS THEN COMPILED AND THE RESULTS SUMMARIZED. THE CHAIRMAN OF THE BOARD COLLECTS ALL INPUTS AND REVIEWS THE RESULTS WITH THE EXECUTIVE COMMITTEE. ANNUALLY THE PRESIDENT AND CHIEF OPERATING OFFICER CONDUCT A REVIEW OF COMPENSATION OF KEY EMPLOYEES. PERIODICALLY EXTERNAL SURVEYS AND COMPARISONS ARE DONE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND POLICIES, ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE. FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE. FORM 990, PART X, PRIOR YEAR LINES 2 AND 11 - TEMPORARY CASH INVESTMENTS: CASH AND CASH EQUIVALENTS OF $2,080,154 HELD IN AN INVESTMENT ACCOUNT WITH A FINANCIAL INSTITUTION HAS BEEN RECLASSIFIED FROM LINE 2 (TEMPORARY CASH INVESTMENTS) TO LINE 11 TO BE CONSISTENT WITH THE CURRENT YEAR PRESENTATION. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. FORM 990, THROUGHOUT: REFERENCE TO GMPINC IS THE GULF OF MAINE PROPERTIES, INC., WHOSE NAME HAS BEEN SHORTENED ON THIS FORM IN ORDER TO FIT WITHIN THE SPACES PROVIDED. GULF OF MAINE PROPERTIES INC 350 COMMERCIAL STREET PORTLAND ME 04101 201480528 SEE ATTACHED SCHEDULE R. ME 501(C)(3) 11 TYPE 1 1 GULF OF MAINE PROPERTIES I A CONDOMINIUM 350 COMMERCIAL STREET PORTLAND ME 04101 352446323 CONDOMINIUM ASSOCIATION ME GULF OF MAINE PROPERTIES INC C 0 0 0 0 1 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 GULF OF MAINE PROPERTIES INC K 490213 ACCOUNTING RECORDS GULF OF MAINE PROPERTIES INC L 86100 ACCOUNTING RECORDS GULF OF MAINE PROPERTIES INC P 742 ACCOUNTING RECORDS GULF OF MAINE PROPERTIES INC D 3594170 TAX EXEMPT BOND ISSUE GULF OF MAINE PROPERTIES INC (GUARANTOR) E 438601 O/S PRINCIPAL BALANCE GULF OF MAINE PROPERTIES INC (GUARANTOR) E 400000 LINE OF CREDIT LMTS ($0 O/S) SCHEDULE R, PART II, COLUMN B - GMPINC'S PRIMARY ACTIVITY: TO ACQUIRE, HOLD, MANAGE, DEVELOP, OR DISPOSE OF REAL PROPERTY FOR THE BENEFIT OF AND IN CONNECTION WITH GMRI.