Downeast Coastal Conservancy
- Assets
- $7.0m
- Revenue
- $561.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Machias, ME
- Founding
- 02/1988
- Data as of
- 12/2023
- EIN
- 01-0430078
Organization Overview
Downeast Coastal Conservancy is located in Machias, ME. The organization was established in 1988. 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 12/2023, Downeast Coastal Conservancy employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downeast Coastal Conservancy 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 12/2023, Downeast Coastal Conservancy generated $561.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $389.3k during the year ending 12/2023. While expenses have increased by 5.6% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
NATURAL/CULTURAL RESOURCE CONSERVATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAND AND CONSERVATION EASEMENT ACQUISITION AND STEWARDSHIP TO PERMANENTLY PROTECT LANDS OF SCENIC, NATURAL RESOURCES, WILDLIFE, ECONOMIC AND OPEN SPACE VALUE IN WASHINGTON COUNTY, MAINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben Edwards Treasurer | OfficerTrustee | 2 | $0 |
Robin Pinto President | OfficerTrustee | 8 | $0 |
Anne Baker Trustee | Trustee | 1 | $0 |
Parke Rublee Secretary | OfficerTrustee | 2 | $0 |
Cat Cannon Vice President | OfficerTrustee | 2 | $0 |
Leslie Page Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $559,178 |
| Noncash contributions included in lines 1a–1f | $36,610 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $559,178 |
| Total Program Service Revenue | $0 |
| Investment income | $2,333 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $561,511 |
| 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. | $72,917 |
| Compensation of current officers, directors, key employees. | $17,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $115,768 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,752 |
| Payroll taxes | $14,648 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,020 |
| Fees for services: Accounting | $8,488 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,479 |
| Advertising and promotion | $339 |
| Office expenses | $1,015 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,376 |
| Travel | $8,644 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,709 |
| Insurance | $5,433 |
| All other expenses | $25,107 |
| Total functional expenses | $389,309 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $515,915 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $5,042 |
| Net Land, buildings, and equipment | $3,385,877 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,059,114 |
| Total assets | $6,965,948 |
| Accounts payable and accrued expenses | $16,505 |
| 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 | $16,505 |
| Net assets without donor restrictions | $1,799,776 |
| Net assets with donor restrictions | $5,149,667 |
| 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 | $6,965,948 |