Maine Huts & Trails
- Assets
- $4.4m
- Revenue
- $761.5k
- Investments
- $0.0
- Employees
- 10
- Location
- Kingfield, ME
- Founding
- 05/2001
- Data as of
- 06/2022
- EIN
- 01-0537084
Organization Overview
Maine Huts & Trails is located in Kingfield, ME. The organization was established in 2001. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2022, Maine Huts & Trails employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Huts & Trails 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 06/2022, Maine Huts & Trails generated $761.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MAINE HUTS TRAILS PROVIDES INVITING BACKCOUNTRY EXPERIENCES AMONG MAINES WESTERN MOUNTAINS, INSPIRING REVERENCE FOR THE NORTHERN FOREST, MODELING ENVIRONMENTAL STEWARDSHIP AND STRENGTHENING THE LOCAL ECONOMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HUTS ARE FOUR OFF-THE-GRID ECO LODGES SITUATED ALONG AN 80-MILE TRAIL SYSTEM. WHEN YOU ARRIVE AT A HUT, YOULL FIND A SPACIOUS GREAT ROOM, COZY READING AREA, AND A BREEZY SCREENED-IN PORCH. EVERY HUT IS EQUIPPED WITH HOT SHOWERS, TOILETS, COMFORTABLE HEATED BUNKROOMS AND CONVENIENT GEAR DRYING ROOMS. PRIVATE BUNKROOMS ARE AVAILABLE AT EACH HUT. MAINTAINED BY A DEDICATED YEAR-ROUND CREW, THE TRAIL SYSTEM AT MAINE HUTS TRAILS IS UNFORGETTABLE. FEATURING WINDING SWITCHBACKS, SANDY PATHS ALONG MOUNTAIN STREAMS, NATURAL BRIDGES, AND INCREDIBLE VIEWS, THE TRAILS LEADING TO THE HUTS ARE SOME OF THE BEST IN THE WORLD. WHEN USING THE TRAIL SYSTEM, YOULL BE FOLLOWING WHITE AND BLUE DIAMONDS WHITE FOR THE MAIN TRAIL WHICH IS GROOMED FOR SKIING IN THE WINTER, AND BLUE FOR UNGROOMED SIDE TRAILS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wolfe Tone Executive Director | Officer | 40 | $101,705 |
Robert Peixotto Chair | OfficerTrustee | 4 | $0 |
Philip M Coffin III Secretary | OfficerTrustee | 2 | $0 |
John Beliveau Treasurer | OfficerTrustee | 2 | $0 |
Emily Carville Vice Chair | OfficerTrustee | 2 | $0 |
Marcie Berkley Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $19,790 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $130,302 |
| All other contributions, gifts, grants, and similar amounts not included above | $342,730 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $492,822 |
| Total Program Service Revenue | $268,246 |
| Investment income | $358 |
| 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 | $761,458 |
| 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. | $101,705 |
| Compensation of current officers, directors, key employees. | $101,705 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $162,569 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,756 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $71,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $6,653 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57,883 |
| Advertising and promotion | $18,212 |
| Office expenses | $6,221 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,762 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $77,117 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $222,298 |
| Insurance | $35,078 |
| All other expenses | $41,273 |
| Total functional expenses | $1,022,558 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $271,961 |
| Pledges and grants receivable | $35,000 |
| Accounts receivable, net | $243 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,391 |
| Prepaid expenses and deferred charges | $45,279 |
| Net Land, buildings, and equipment | $4,004,821 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,365,695 |
| Accounts payable and accrued expenses | $26,272 |
| Grants payable | $0 |
| Deferred revenue | $172,211 |
| 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 | $1,292,117 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,490,600 |
| Net assets without donor restrictions | $2,723,887 |
| Net assets with donor restrictions | $151,208 |
| 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 | $4,365,695 |