2012-09-04T12:31:31-07:00 2012-03-31 Loiselle Goodwin & Hinds 1 Merchants Plaza Suite 703 Bangor ME 044020939 990 2011-04-01 222795691 Coastal Mountains Land Trust COAS 2072367091 101 Mt Battie Street Camden ME 04843 JAY FREEDMAN 2012-09-04 true DONALD E HIGGINS 2079904585 2011 2016-02-24 21:20:13Z Scott Dickerson 101 Mt Battie Street Camden ME 04843 897772 false false X www.coastalmountains.org X 1986 ME We conserve land permanently to benefit the natural and human communities of western Penobscot Bay. 10 10 6 125 0 1062419 631759 10172 20646 -207458 -318 820 3995 865953 656082 0 0 299507 315041 0 102349 266419 1264204 565926 1579245 300027 -923163 5699879 4379036 306074 7759 5393805 4371277 We conserve land permanently to benefit the natural and human communities of western Penobscot Bay. false false 1175501 20646 The Land Trust acquired land and received conservation easements to permanently protect and preserve biological diversity, scenic landscapes, and forest and water resources, and to provide the public with outdoor recreational opportunities. 170650 The Land Trust continued to act as a steward over the land and easements for which it is responsible. 72575 The Land Trust published newsletters, maintained a website, and gave educational presentations to increase public awareness of the importance of land conservation. 1418726 true true false true false false true false false true true false false true false false true false false false false false false false false false false false false false false false false false false false false false false false false true true false false false false false false false false true 14 0 true 6 true false false false false false false false false false false false 0 false false false false false false false false false false false X 10 10 false false false false true true true true true false false false true true true true true true true false false false ME MA X SCOTT DICKERSON 2072367091 101 MT BATTIE STREET CAMDEN ME 04843 Galen Todd 8.00 X X 0 0 0 Ingrid Warren 4.00 X X 0 0 0 John Doncaster 1.00 X 0 0 0 Dave Jackson 2.00 X 0 0 0 Lys McLaughlin Pike 3.00 X 0 0 0 Gray Payne 6.00 X 0 0 0 Jim Krosschell 8.00 X X 0 0 0 JAY FREEDMAN 8.00 X X 0 0 0 Nancy Hughes 2.00 X 0 0 0 Brad Hennemuth 4.00 X 0 0 0 Scott Dickerson 40.00 X 78660 0 8528 78660 8528 0 false false false 0 300 75000 556459 37200 631759 BLUEBERRY SALES 20646 20646 20646 40122 40122 0 0 0 200000 240440 -40440 -40440 -40440 4525 300 1250 3275 3275 0 425 425 425 Miscellaneous 295 295 295 656082 21071 3252 0 0 0 0 87730 57025 13159 17546 0 172219 108571 7910 55738 4927 3130 229 1568 30993 19756 2072 9165 19172 12616 1037 5519 0 3895 2512 1383 15514 15514 0 0 6969 6969 5268 3573 728 967 4625 4235 390 6000 4407 472 1121 3322 2844 167 311 0 2559 2303 128 128 10646 8821 300 1525 0 1393 1220 8 165 2701 2701 0 31973 27177 2398 2398 16140 14367 975 798 Printing and Publications 18154 16313 174 1667 Outside Services 6756 2778 3663 315 Land Management Expenses 11673 11673 conservation land impairment 1056215 1056215 Appraisals & Acquisition Costs 44488 44488 15913 12001 494 3418 1579245 1418726 58170 102349 100 112 124445 94201 156511 103311 4521 0 0 0 0 847 847 1670 1466 922907 206644 741503 716263 2349844 2019607 0 0 0 2320438 1443229 5699879 4379036 8361 7759 297713 306074 7759 X 3297487 1470907 618774 1827300 1477544 1073070 5393805 4371277 5699879 4379036 X -923163 -99365 X false true true X false false X 11305340 3734676 656093 1045861 631759 17373729 0 0 11305340 3734676 656093 1045861 631759 17373729 2321122 15052607 83604 70566 30849 36487 40122 261628 0 250 969 928 1000 295 3442 17638799 35793 0.85340 0.87250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 1579245 1579245 228962 57241 false 248280 240637 109889 228962 827768 1241652 1500 1500 62070 60159 27472 57241 206942 310413 1500 1500 X X X X 54 32 1 true 30 9640 false 997713 30597 -5875 15100 2321 1005014 950064 24150 105538 79837 2202 997713 683312 25492 282480 41220 950064 0.43090 0.56910 false false false 43083 43083 746705 138245 608460 38270 8115 30155 18027 4951 13076 76822 55333 21489 716263 LAND HELD FOR SALE Interest in Split-interest Agreements 246070 Deposits on Conservation Land 10000 Conservation Land held in Trust 1187159 1443229 656082 1579245 -923163 -36671 -62694 -99365 -1022528 523752 -36671 -95659 -132330 656082 656082 1546280 1546280 32965 32965 1579245 Part II, Line 5 Part II, Line 5 - Summarized Policy All conservation easements are monitored by a least one visit on the property each year; none of the visits are conducted by any remote or other means. Part XIII, Line 4b Part XIII, Line 4b: Other revenue amounts included on 990 but not included in F/S Impairment in value of conservation land $32965 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances Change in Split-interest agreements $ -62694 Part II, Line 9 Part II, Line 9: Organization Reporting of conservation easements. Conservation easements, whether purchased or donated, are considered to have no economic value and are recorded at cost or fair market value at the time of donation less a 100% allowance for impairment. X 1 34700 Appraisal X Bush Mower 1 2500 Estimate false false false Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The Organization makes their policies and financial statements available for review on their website. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The 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 non-profit organizations in Maine as published biennially by the Maine Association of Nonprofits. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Section 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, or 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 brings the situation to the attention of the entire Board for inquiry to the potentially interested person. If it is determined through inquiry that the person does have an actual, potential, or perceived conflict of interest, the person is asked to fully disclose that for 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, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process The Treasurer of the Board of Directors and the Executive Director review the draft IRS Form 990, provide revisions as necessary. After the accountants return the revised draft, it is circulated to the full Board of Directors for their review and comment during a 10-day period. Following that any additional revisions are sent to the accountants and the final draft of the IRS Form 990 is prepared, signed by the Treasurer, and submitted to the IRS. Form 990, Part VI, Line 7b Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders Members may vote on the removal of Directors. Members also have 150 days to comment on any changes to the bylaws of articles of Incorporation before they go into effect. Form 990, Part VI, Line 7a Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Members elect new Board members at the Annual Membership Meeting. Form 990, Part VI, Line 6 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Members are those that pay dues to belong to Coastal Mountains Land Trust.