Island Heritage Trust Inc

Organization Overview

Island Heritage Trust Inc is located in Deer Isle, ME. The organization was established in 1987. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. As of 10/2021, Island Heritage Trust Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Island Heritage Trust Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 10/2021, Island Heritage Trust Inc generated $502.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $391.4k during the year ending 10/2021. While expenses have increased by 6.6% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CONTRIBUTING TO THE WELL-BEING OF THE ISLAND COMMUNITY BY CONSERVING ITS DISTINCTIVE LANDSCAPES AND NATURAL RESOURCES, MAINTAINING PUBLIC ACCESS TO VALUED TRAILS, SHORELINE AND ISLANDS, AND BY PROVIDING EDUCATIONAL PROGRAMMING FOR ALL AGES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTED THE VALUE OF LAND CONSERVATION, ENVIRONMENTAL EDUCATION, ENVIRONMENTAL PROTECTION, SIGNIFICANT OPEN SPACE, SCENIC AREAS, WILDLIFE HABITAT, NATURAL RESOURCES, AND HISTORIC AND CULTURAL FEATURES THAT OFFER PUBLIC BENEFIT TO THE RESIDENTS AND VISITORS TO DEER ISLE, MAINE. A TOTAL OF 1,450 ACRES AND 21.5 MILES OF SHORELINE HAVE BEEN PROTECTED TO DATE. 90 VOLUNTEERS ENGAGED OUR WORK DESPITE THE CONTINUING PANDEMIC, INCLUDING TRAIL BUILDING AND MAINTENANCE, AND PARTICIPATING IN OVER 30 VARIED-TOPIC, VIRTUAL, PUBLIC EDUCATION PROGRAMS FOR ALL AGES. APPROXIMATELY 500 LOCAL SCHOOL STUDENTS BENEFIT FROM WORKING WITH OUR ENVIRONMENTAL EDUCATOR, THE SCHOOL NATURE TRAIL, AND TAKING FIELD TRIPS TO OUR PRESERVES EACH YEAR.


PROMOTED THE VALUE OF LAND CONSERVATION, ENVIRONMENTAL EDUCATION, ENVIRONMENTAL PROTECTION, SIGNIFICANT OPEN SPACE, SCENIC AREAS, WILDLIFE HABITAT, NATURAL RESOURCES, AND HISTORIC AND CULTURAL FEATURES THAT OFFER PUBLIC BENEFIT TO THE RESIDENTS AND VISITORS TO DEER ISLE, MAINE. A TOTAL OF 1,450 ACRES AND 21.5 MILES OF SHORELINE HAVE BEEN PROTECTED TO DATE. 90 VOLUNTEERS ENGAGED OUR WORK DESPITE THE CONTINUING PANDEMIC, INCLUDING TRAIL BUILDING AND MAINTENANCE, AND PARTICIPATING IN OVER 30 VARIED-TOPIC, VIRTUAL, PUBLIC EDUCATION PROGRAMS FOR ALL AGES. APPROXIMATELY 500 LOCAL SCHOOL STUDENTS BENEFIT FROM WORKING WITH OUR ENVIRONMENTAL EDUCATOR, THE SCHOOL NATURE TRAIL, AND TAKING FIELD TRIPS TO OUR PRESERVES EACH YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Julia Zell
Executive Di
$52,000
Woody Osborne
Past Chair
$0
William Wiegmann
Chair
$0
Karen Hill
Treasurer
$0
Mickie Flores
Secretary
$0
Diana Hartnett
Vice Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$96,000
Fundraising events$68,112
Related organizations$0
Government grants $42,665
All other contributions, gifts, grants, and similar amounts not included above$256,684
Noncash contributions included in lines 1a–1f $26,379
Total Revenue from Contributions, Gifts, Grants & Similar$463,461
Total Program Service Revenue$630
Investment income $12,715
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $32,185
Net Income from Fundraising Events -$3,298
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$3,105
Miscellaneous Revenue$0
Total Revenue $502,707

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Island Heritage Trust Inc has recieved totaling $137,226.

Awarding OrganizationAmount
Maine Community Foundation Inc

Ellsworth, ME

PURPOSE: Land Resources Conservation

$66,100
Anahata Foundation

Chicago, IL

PURPOSE: GENERAL

$50,000
Raymond F And Judith K Mccaskey 2003 Charitable Tr

Chicago, IL

PURPOSE: GENERAL SUPPORT

$10,000
Crutcher Family Foundation Inc

Midway, KY

PURPOSE: CHARITABLE

$6,000
Tynan Fam Charitable Tr

Litchfield, CT

PURPOSE: UNRESTRICED CONTRIBUTION

$2,500
Eleanor F Stich Recreational Tr

Portland, ME

PURPOSE: SCHOLARSHIP

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$273,056
Earnings$69,112
Net Contributions$10,000
Other Expense$9,017
Ending Balance$343,151

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