Sebasticook Regional Land Trust
- Assets
- $2.0m
- Revenue
- $56.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Unity, ME
- Founding
- 09/2006
- Data as of
- 12/2022
- EIN
- 20-2644192
Organization Overview
Sebasticook Regional Land Trust is located in Unity, ME. The organization was established in 2006. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sebasticook Regional Land Trust 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 12/2022, Sebasticook Regional Land Trust generated $56.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.4%) each year. All expenses for the organization totaled $31.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (22.5%) per year over the past 6 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
THE MISSION OF THE SRLT IS TO RECOGNIZE AND CONSERVE THE RICH WILD AND WORKING LANDSCAPE OF CENTRAL MAINE'S SEBASTICOOK RIVER WATERSHED THROUGH CONSERVATION, STEWARDSHIP AND EDUCATION. OUR FOCAL PROGRAMS ARE LAND CONSERVATION FOR COMMUNITY BENEFIT; STEWARDSHIP OF APPROXIMATELY 2000 ACRES OF PUBLIC-ACCESS LANDS FOR WILDLIFE HABITAT, HIKING, HUNTING, FISHING AND NATURE ENJOYMENT; RESTORATION OF NATIVE FISH TO THE WATERSHED; AND COMMUNITY OUTREACH AND EDUCATION TO INSPIRE PARTICIPATION AND SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAND STEWARDSHIP: THE SRLT CONTINUED TO CARE FOR, MANAGE, RESTORE, AND WHERE APPROPRIATE, SUPPORT PUBLIC ACCESS ON OUR 2,000 ACRES OF COMMUNITY LANDS, AND STEWARD CONSERVATION RESTRICTIONS ON 2,000 ACRES OF CONSERVATION EASEMENTS.
OUTREACH & EDUCATION. THE SRLT PUBLISHED EDUCATIONAL ARTICLES AND NEWSLETTERS, AND OFFERED VIRTUAL EDUCATIONAL AND RECREATIONAL EVENTS OPEN TO ALL. IT UPDATED AND MAINTAINED ITS WEB SITE TO RAISE AWARENESS OF THE SEBASTICOOK RIVER WATERSHED.
HABITAT RESTORATION. SRLT CONTINUED ITS EFFORTS IN SUPPORT OF FISHERIES AND RIVERINE RESTORATION IN THE WATERSHED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Aversa Chairman | OfficerTrustee | 22 | $0 |
Brandon Kulik Vice Chair & Secretary | OfficerTrustee | 3 | $0 |
Ellen Batchelder Treasurer | OfficerTrustee | 3 | $0 |
Trevanna Frost Grenfell Director | Trustee | 1 | $0 |
Adri Bessenaire Director | Trustee | 6 | $0 |
Doug Wescott Director | Trustee | 2 | $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 | $56,693 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,693 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $56,693 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $6,393 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $255 |
| Office expenses | $2,807 |
| Information technology | $2,723 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $11,460 |
| All other expenses | $0 |
| Total functional expenses | $31,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $76,045 |
| Savings and temporary cash investments | $9,528 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,937,938 |
| Total assets | $2,023,511 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $84,045 |
| Net assets with donor restrictions | $1,939,466 |
| 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 | $2,023,511 |