Maine Forest Products Council
- Assets
- $1.2m
- Revenue
- $1.3m
- Investments
- $1.0k
- Employees
- 4
- Location
- Augusta, ME
- Founding
- 07/1981
- Data as of
- 12/2021
- EIN
- 01-0369125
Organization Overview
Maine Forest Products Council is located in Augusta, ME. The organization was established in 1981. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. As of 12/2021, Maine Forest Products Council employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Forest Products Council is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Maine Forest Products Council generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 10.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE GENERAL WELFARE OF THE MAINE FOREST PRODUCTS INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATING AND SUPPORTING MEMBERS IN THE CONSERVATION AND RENEWAL OF FOREST RESOURCES, IMPROVED UTILIZATION OF FORESTS, IMPROVED FOREST PRACTICES, AND ACCEPTANCE AND USE OF WOOD AND FOREST PRODUCTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Strauch Executive Director | Officer | 40 | $136,610 |
Benjamin Carlisle 1st Vice President | OfficerTrustee | 1 | $0 |
Peter Triandafillou Secretary | OfficerTrustee | 1 | $0 |
Gordon Gamble Past President/current Dir. | OfficerTrustee | 1 | $0 |
Ryan Mcavoy President | OfficerTrustee | 1 | $0 |
John Gray Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sutherland Weston Roadmap Services | 12/30/21 | $101,237 |
Indufor North America Llc Roadmap Services | 12/30/21 | $209,632 |
Maine Development Foundation Roadmap Services | 12/30/21 | $118,720 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $413,857 |
| All other contributions, gifts, grants, and similar amounts not included above | $187,241 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $601,098 |
| Total Program Service Revenue | $662,173 |
| Investment income | $106 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $23,836 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,297,213 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $157,797 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $199,953 |
| Pension plan accruals and contributions | $5,821 |
| Other employee benefits | $43,036 |
| Payroll taxes | $25,979 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $50,929 |
| Fees for services: Accounting | $19,299 |
| Fees for services: Lobbying | $47,289 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $515,577 |
| Advertising and promotion | $2,830 |
| Office expenses | $14,037 |
| Information technology | $12,245 |
| Royalties | $0 |
| Occupancy | $39,432 |
| Travel | $19,917 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,203 |
| Interest | $1,966 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,533 |
| Insurance | $8,684 |
| All other expenses | $0 |
| Total functional expenses | $1,246,253 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,878 |
| Savings and temporary cash investments | $238,967 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $89,468 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,217 |
| Net Land, buildings, and equipment | $732,665 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,161,195 |
| Accounts payable and accrued expenses | $75,753 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $75,753 |
| Net assets without donor restrictions | $1,070,642 |
| Net assets with donor restrictions | $14,800 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,161,195 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Forest Society Of Maine Bangor, ME | $13,403,658 | $9,213,606 |
Maine Forest Products Council Augusta, ME | $1,161,195 | $1,297,213 |
York Harbor Reading Room York Harbor, ME | $1,432,252 | $943,414 |
Shaw Institute Blue Hill, ME | $483,449 | $286,551 |
Brunswick Downtown Association Brunswick, ME | $152,347 | $274,000 |
Friends Of Bedrock Gardens Lee, NH | $1,141,313 | $343,385 |
Friends Of Harriet L Hartley Conservation Area Belfast, ME | $56,907 | $208,121 |
New Hampshire Businesses For Social Responsibility Concord, NH | $87,204 | $203,584 |
Association Of U S Delegates To The Gulf Of Maine Council On The Marin Ogunquit, ME | $131,043 | $0 |
Saco River Recreational Council Inc Fryeburg, ME | $81,299 | $0 |
Leadership Seacoast Portsmouth, NH | $67,724 | $0 |
Allagash Wilderness Waterway Foundation Fort Kent, ME | $82,466 | $0 |