THE KENNEBEC LAND TRUST: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- THE KENNEBEC LAND TRUST (EIN 01-0440729)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-02-05
- IRS object ID
- 201410369349300241
- Schema version
- 2012v2.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-02-05T15:21:46-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043353527 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Amy P Trunnell CPA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 Old Kents Hill Road | AddressLine1 |
| City | Readfield | City |
| State | ME | State |
| ZIP Code | 04355 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010440729 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kennebec Land Trust | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | KENN | NameControl |
| Phone | 2073772848 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 261 | AddressLine1 |
| City | Winthrop | City |
| State | ME | State |
| ZIP Code | 04364 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Amy Trunnell | Name |
| Title | Treasurer | Title |
| Phone | 2073772848 | Phone |
| Date Signed | 2014-02-05 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Amy P Trunnell CPA | Name |
| PTIN | P01201030 | PTIN |
| Phone | 2076859202 | Phone |
| Date Prepared | 2014-02-05 | DatePrepared |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Amy Trunnell | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 261 | AddressLine1 |
| City | Winthrop | City |
| State | ME | State |
| ZIP Code | 04364 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 451658 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.tklt.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1988 | YearFormation |
| State Legal Domicile | ME | StateLegalDomicile |
| Activity Or Mission Description | 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 18 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 18 | NbrIndependentVotingMembers |
| Total Nbr Employees | 5 | TotalNbrEmployees |
| Total Nbr Volunteers | 100 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 668922 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 451459 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 508 | InvestmentIncomePriorYear |
| Investment Income Current Year | 199 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 669430 | TotalRevenuePriorYear |
| Total Revenue Current Year | 451658 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 96022 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 110245 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 30000 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 68327 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 525578 | OtherExpensePriorYear |
| Other Expenses Current Year | 85097 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 621600 | TotalExpensesPriorYear |
| Total Expenses Current Year | 225342 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 47830 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 226316 | RevenuesLessExpensesCY |
| Total Assets BOY | 4290862 | TotalAssetsBOY |
| Total Assets EOY | 4541942 | TotalAssetsEOY |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 4290862 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 4541942 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | Established in 1988, KLT works in 21 communities to protect more than 4,659 acres on 58 properties through land donations, purchases, and conservation easements. KLT organizes hikes, paddles, an annual March lecture (Lyceum) series, & outdoor photography and painting workshops that encourage residents & visitors to learn about and enjoy Kennebec County's natural landscape. One hundred dedicated volunteers, including interns and 70 land stewards, committed 3,620 hours of time this fiscal year to support KLT's stewardship, education, administration, & governance. KLT has constructed 37 miles of trails on KLT land. KLT has had 18 volunteer interns from 14 colleges and universities since 2005, helping to develop the next generation of conservation leadership. KLT is also a founding member of Kennebec Woodland Partnership (KWP), a regional conservation initiative with 13 governmental & non-governmental organizations that promotes private & public woodland stewardship & conservation. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 38676 | Expense |
| Description | Education - Publications include:KLT NEWS: our biannual newsletters feature new conservation properties and an annual calendar of events;Interpretive property brochures: including bird and plant lists, geological & human history, trail maps, access & public use information;Your Woodland: A Resource Guide for Kennebec County Landowners: published in February, 2012, a project of the KWP;Between Person and Place: Conservation Histories from the Kennebec Land Trust: published in 2010, includes essays & 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 include:Annual hikes, paddles, bird walks, and outdoor photography and painting workshops;Since 2009, over 1,000 central Maine students, parents,and teachers have learned about sustainable forestry at the KLT's annual educational program at the 360-acre Curtis Homestead Conservation Area in Leeds;March Lecture series - Lyceum - celebrating history, arts and ecology programs;KLT Outing Club - a series of programs for Kennebec County active young adults;KLT annual meeting celebration including hikes, paddles and cookout;Annual stewardship workshop for our 70 volunteer stewards; | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 44636 | Expense |
| Description | Stewardship - KLT staff and board members oversee the management of KLT's fee lands, monitor conservation easements and work with 70 volunteer stewards. KLT's stewards collectively volunteer approximately 1,000 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 based natural resource information, and with information from community open space and comprehensive plans. This plan will inform and guide KLT's land acquisition and conservation easement priorities for the future. KLT is a lead partner in the Kennebec Woodland Partnership (KWP), a regional conservation initiative focused on the long-term sustainability of Kennebec County's woodlands and a landscape-level approach to conservation. KWP's goal is to promote woodland stewardship by providing landowners with information that will help them make informed decisions about their woodlands. Kennebec Woodland Partners work together to present forest education workshops for landowners, communities, schoolchildren, and natural resource professionals. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 47985 | Expense |
| Description | Land Protection - Since 1988, KLT has worked cooperatively with landowners and communities to conserve our region's natural assets. KLT has conserved 4,659 acres with 15 miles of shoreline in a service area that covers 412,000 acres and 21 towns primarily in Kennebec County, but also in Androscoggin and Franklin counties. KLT holds conservation easements on, accepts gifts of, and purchases significant lands to further the mission of the organization. Our most recent conservation easement included 67 acres with 1500 feet of undeveloped shoreline on David Pond in Fayette. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 131297 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 1 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 10 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 5 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 18 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 18 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | ME | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Organization | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2073772848 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 331 Main Street | AddressLine1 |
| City | Winthrop | City |
| State | ME | State |
| ZIP Code | 04364 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (19 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| Robert Marvinney | ||||||
| Board Member | 2.00 | X | 0 | 0 | 0 | |
| Cheryl Harrington | ||||||
| Board Member | 5.00 | X | 0 | 0 | 0 | |
| Glenn Hodgkins | ||||||
| Board Member | 5.00 | X | 0 | 0 | 0 | |
| Amy Trunnell | ||||||
| Treasurer | 10.00 | X | 0 | 0 | 0 | X |
| Theresa Kerchner | ||||||
| Executive Director | 40.00 | X | 49500 | 0 | 6471 | |
| Tom Bartol | ||||||
| Board Member | 2.00 | X | 0 | 0 | 0 | |
| Mary Denison | ||||||
| Secretary | 5.00 | X | 0 | 0 | 0 | X |
| Patrice Putnam | ||||||
| Board Member | 2.00 | X | 0 | 0 | 0 | |
| Howard Lake | ||||||
| Board Member | 5.00 | X | 0 | 0 | 0 | |
| Scott Longfellow | ||||||
| Board Member | 2.00 | X | 0 | 0 | 0 | |
| Stan Eller | ||||||
| President | 10.00 | X | 0 | 0 | 0 | X |
| Robert Mohlar | ||||||
| Board Member | 2.00 | X | 0 | 0 | 0 | |
| Norm Rodrigue | ||||||
| Board Member | 5.00 | X | 0 | 0 | 0 | |
| Deborah Sewall | ||||||
| Board Member | 2.00 | X | 0 | 0 | 0 | |
| Clyde Walton | ||||||
| Board Member | 2.00 | X | 0 | 0 | 0 | |
| Lisa Kane | ||||||
| Board Member | 2.00 | X | 0 | 0 | 0 | |
| Brian Kent | ||||||
| 1st Vice President | 5.00 | X | 0 | 0 | 0 | X |
| Mike Seitzinger | ||||||
| Board Member | 2.00 | X | 0 | 0 | 0 | |
| Beth Nagusky | ||||||
| 2nd Vice President | 5.00 | X | 0 | 0 | 0 | X |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 49500 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 6471 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Membership Dues | 69396 | MembershipDues |
| Government Grants | 17360 | GovernmentGrants |
| All Other Contributions | 364703 | AllOtherContributions |
| Noncash Contributions | 51900 | NoncashContributions |
| Total Contributions | 451459 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 199 | TotalRevenueColumn |
| Exclusion | $199 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 451658 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $199 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57472 | Total |
| Program Services | 34483 | ProgramServices |
| Management And General | 8621 | ManagementAndGeneral |
| Fundraising | 14368 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45400 | Total |
| Program Services | 26456 | ProgramServices |
| Management And General | 6766 | ManagementAndGeneral |
| Fundraising | 12178 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7373 | Total |
| Program Services | 4350 | ProgramServices |
| Management And General | 1106 | ManagementAndGeneral |
| Fundraising | 1917 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1200 | Total |
| Management And General | 1200 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30000 | Total |
| Fundraising | 30000 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 200 | Total |
| Fundraising | 200 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16274 | Total |
| Program Services | 10091 | ProgramServices |
| Management And General | 1573 | ManagementAndGeneral |
| Fundraising | 4610 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2311 | Total |
| Program Services | 1733 | ProgramServices |
| Management And General | 231 | ManagementAndGeneral |
| Fundraising | 347 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6750 | Total |
| Program Services | 5063 | ProgramServices |
| Management And General | 675 | ManagementAndGeneral |
| Fundraising | 1012 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1878 | Total |
| Management And General | 1878 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1390 | Total |
| Program Services | 539 | ProgramServices |
| Management And General | 851 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9248 | Total |
| Program Services | 6960 | ProgramServices |
| Management And General | 837 | ManagementAndGeneral |
| Fundraising | 1451 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising |
|---|---|---|---|
| Maintenance of properti | 16798 | 16798 | |
| Educational programs/Wo | 15474 | 15474 | |
| Land/Easement acquisiti | 9350 | 9350 | |
| CC processing | 2244 | 2244 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1980 | Total |
| Management And General | 1980 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 225342 | Total |
| Program Services | 131297 | ProgramServices |
| Management And General | 25718 | ManagementAndGeneral |
| Fundraising | 68327 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11515 | BOY |
| EOY | 7912 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 167485 | BOY |
| EOY | 98225 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 4066672 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 13790 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3759705 | BOY |
| EOY | 4052882 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 350799 | BOY |
| EOY | 382897 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1358 | BOY |
| EOY | 26 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4290862 | BOY |
| EOY | 4541942 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 124647 | BOY |
| EOY | 123849 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 249775 | BOY |
| EOY | 284327 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3916440 | BOY |
| EOY | 4133766 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4290862 | BOY |
| EOY | 4541942 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4290862 | BOY |
| EOY | 4541942 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 226316 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 32097 | ReconciliationUnrealizedInvest |
| Reconcilation Prior Adjustment | -7333 | ReconcilationPriorAdjustment |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 0 | FSAudited |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 219833 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 203387 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 459117 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 398922 | CurrentTaxYearMinus1Year |
| Current Tax Year | 399559 | CurrentTaxYear |
| Total | 1680818 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 219833 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 203387 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 459117 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 398922 | CurrentTaxYearMinus1Year |
| Current Tax Year | 399559 | CurrentTaxYear |
| Total | 1680818 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 1680818 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2522 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8744 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2568 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 508 | CurrentTaxYearMinus1Year |
| Current Tax Year | 199 | CurrentTaxYear |
| Total | 14541 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 1695359 | TotalSupport |
| Public Support Pertcentage170 | 0.99140 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.98960 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preservation For Public Use | X | PreservationForPublicUse |
| Protection Of Natural Habitat | X | ProtectionOfNaturalHabitat |
| Preservation Of Open Space | X | PreservationOfOpenSpace |
| Total Number Of Easements | 26 | TotalNumberOfEasements |
| Total Acreage | 1562.00 | TotalAcreage |
| Nmbr Hist Struct Easements | 0 | NmbrHistStructEasements |
| Nmbr Hist Struct Easements After | 0 | NmbrHistStructEasementsAfter |
| Nmbr Easements Modified | 0 | NmbrEasementsModified |
| Nmbr States In Which Easements Held | 1 | NmbrStatesInWhichEasementsHeld |
| Written Policy Monitoring | 1 | WrittenPolicyMonitoring |
| Staff Hours Spent On Enforcement | 713.00 | StaffHoursSpentOnEnforcement |
| Expenses Incurred For Enforcement | 10609 | ExpensesIncurredForEnforcement |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2000 | BeginningOfYearBalance |
| Contributions | 26647 | Contributions |
| Investment Earnings Or Losses | 18 | InvestmentEarningsOrLosses |
| End Of Year Balance | 28665 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributions | 2000 | Contributions |
| End Of Year Balance | 2000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4046521 | OtherCostOrOtherBasis |
| Book Value | 4046521 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13100 | OtherCostOrOtherBasis |
| Depreciation | 7872 | Depreciation |
| Book Value | 5228 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7051 | OtherCostOrOtherBasis |
| Depreciation | 5918 | Depreciation |
| Book Value | 1133 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 4052882 | TotalOfBookValueLandBuildings |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of How Organization Reports Conservation Easements: | Part II, Line 9: | Nominal book value of $1 is assigned to the each conservation easement due to the lack of foreseeable future cash flow benefits and an absence of a secondary easement market. |
| Description of Intended Use of Endowment Funds: | Part V, Line 4: | Earnings from the permanent endowment will support the mission of the organization. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | Frost Advancement Advisors | NameOfIndividual |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 68 Maine Ave | AddressLine1 |
| City | Portland | City |
| State | ME | State |
| ZIP Code | 04103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | study in preparation of Capital Campaign | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 0 | GrossReceipts |
| Amount Retained By Contractor | 30000 | AmountRetainedByContractor |
| Net To Organization | -30000 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 30000 | TotalRetainedByContractors |
| Total Net To Organization | -30000 | TotalNetToOrganization |
| Licensed States | ME | LicensedStates |
Form990 Schedule G Part IV Form990ScheduleGPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Explanation of Fundraising Payments | Identifier |
| Return Reference | Schedule G, Part I, Line 2b, Column (v) | ReturnReference |
| Explanation | Consultant conducted a capacity study in preparation for our capital campaign. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | 1 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | Part I, Line 3 | ReturnReference |
| Explanation | Compensation for the ED is determined through analysis of comparable entities and projected budget. Executive committee reviews analysis and projected budget to determine appropriate compensation. Proposed budgets are approved annually by the Board and a written employment contract is completed. | Explanation |
Schedule M IRS990ScheduleM
Qualified Contrib Other QualifiedContribOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 3 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 51900 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Tax assessment value | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 2 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Third Party Use: | Identifier |
| Return Reference | Part I, Line 32b: | ReturnReference |
| Explanation | Gifts of marketable securities are sold by our investment agent,Kennebec Savings Bank, upon receipt and proceeds of the sale are deposited to our bank account. Gifts of land and conservation easements are held in accordance with land acquisition policy, which is generally in perpetuity. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section A, line 2 | Howard Lake and Mary Denison - business relationship |
| Form 990, Part VI, Section A, line 6 | KLT is a not-for-profit corporation and has members. |
| Form 990, Part VI, Section A, line 7a | Full membership present at the annual meeting in August elects the slate of officers and elects members of the board. |
| Form 990, Part VI, Section A, line 7b | Any revisions to the by-laws are subject to approve by the members of the corporation, as set out in the by-laws. |
| Form 990, Part VI, Section B, line 11 | Form 990 is presented by the Treasurer to the Investment/Finance Committee for review prior to submission. The full board receives a copy of the Form 990 within 30 days of its submission. 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, Part VI, Section B, line 12c | Annually, board members are required to sign a statement indicating that they are abiding by the conflict of interest policy. When matters arise in board meetings for which a board member has a conflict, that board member will leave the room during discussion and recuse themselves from the vote. |
| Form 990, Part VI, Section B, line 15 | Annually, the Executive Committee meets to review compensation for key personnel. Comparable data is reviewed from other land trust sources and proposed compensation is presented to the full board. The compensation is adopted at the June meeting as part of the budget process. |
| Form 990, Part VI, Section C, line 18 | Form 990 is available for public inspection upon request and is on the organization's website. |
| Form 990, Part VI, Section C, line 19 | All governing documents, conflict of interest policy and financial statements are available to the public upon request. |
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