Midcoast Conservancy
- Assets
- $11.4m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 18
- Location
- Edgecomb, ME
- Founding
- 03/1971
- Data as of
- 06/2022
- EIN
- 22-2658964
Organization Overview
Midcoast Conservancy is located in Edgecomb, ME. The organization was established in 1971. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. As of 06/2022, Midcoast Conservancy employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midcoast 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 06/2022, Midcoast Conservancy generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 32.0% each year . All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 38.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF MIDCOAST CONSERVANCY IS TO PROTECT VITAL LANDS AND WATERS ON A SCALE THAT MATTERS AND TO INSPIRE WONDER AND ACTION ON BEHALF OF ALL SPECIES AND THE EARTH. WE ENVISION A WORLD WHERE OUR LANDS AND WATERS ARE HEALTHY AND PROTECTED AND WHERE NATURE OCCUPIES A PLACE OF CENTRAL IMPORTANCE IN EVERY PERSON'S LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
- PERMANENTLY PROTECTED 981 ACRES IN LINCOLN, WALDO, AND KNOX COUNTIES, MAINE, WITH PUBLIC ACCESS. - ASSURED 7,932 ACRES OF PRESERVES WITH PUBLIC ACCESS AND 6,518 ACRES OF OTHER CONSERVED LAND MET HIGHEST STANDARDS FOR CONSERVED PROPERTY. - CONDUCTED TRAIL MAINTENANCE ON OUR 95 MILES OF TRAILS. - BEGAN NEW STRATEGIC INITIATIVE TO CONSERVE 30,000 ACRES BY 2030.
- PERMANENTLY PROTECTED 981 ACRES IN LINCOLN, WALDO, AND KNOX COUNTIES, MAINE, WITH PUBLIC ACCESS. - ASSURED 7,932 ACRES OF PRESERVES WITH PUBLIC ACCESS AND 6,518 ACRES OF OTHER CONSERVED LAND MET HIGHEST STANDARDS FOR CONSERVED PROPERTY. - CONDUCTED TRAIL MAINTENANCE ON OUR 95 MILES OF TRAILS. - BEGAN NEW STRATEGIC INITIATIVE TO CONSERVE 30,000 ACRES BY 2030.
- CONTINUED WATER QUALITY MONITORING IN SHEEPSCOT RIVER AND DAMARISCOTTA LAKE WATERSHEDS. PARTNERED WITH BIGELOW TO MONITOR AND TEST LEVELS OF CYANOBACTERIA IN DAMARISCOTTA LAKE. DEPLOYED TEMP LOGGERS INTO THE SHEEPSCOT RIVER TO COLLECT CONTINUOUS TEMPERATURE DATA. - STARTED WATER QUALITY WORK IN THE MEDOMAK RIVER WATERSHED, INCLUDING BACTERIA MONITORING OF BROAD COVE CLAM FLATS. - CONTINUED TO WORK WITH PARTNERS ON PROJECT TO ULTIMATELY REMOVE THE BARRIER TO FISH PASSAGE AT BRANCH MILLS POND ON THE SHEEPSCOT RIVER. BEGAN PLANNING FISH PASSAGE PROJECT AT BEN BROOK IN ALNA. - CONTINUED OYSTER PROJECT IN SHEEPSCOT RIVER TO TEST FOR GROWTH POTENTIAL AND WATER FILTRATION.
- CONTINUED WATER QUALITY MONITORING IN SHEEPSCOT RIVER AND DAMARISCOTTA LAKE WATERSHEDS. PARTNERED WITH BIGELOW TO MONITOR AND TEST LEVELS OF CYANOBACTERIA IN DAMARISCOTTA LAKE. DEPLOYED TEMP LOGGERS INTO THE SHEEPSCOT RIVER TO COLLECT CONTINUOUS TEMPERATURE DATA. - STARTED WATER QUALITY WORK IN THE MEDOMAK RIVER WATERSHED, INCLUDING BACTERIA MONITORING OF BROAD COVE CLAM FLATS. - CONTINUED TO WORK WITH PARTNERS ON PROJECT TO ULTIMATELY REMOVE THE BARRIER TO FISH PASSAGE AT BRANCH MILLS POND ON THE SHEEPSCOT RIVER. BEGAN PLANNING FISH PASSAGE PROJECT AT BEN BROOK IN ALNA. - CONTINUED OYSTER PROJECT IN SHEEPSCOT RIVER TO TEST FOR GROWTH POTENTIAL AND WATER FILTRATION.
COMMUNITY - ENGAGED WITH COMMUNITY PROGRAMS ON OUR PRESERVES AND AT HIDDEN VALLEY NATURE CENTER INCLUDING EDUCATIONAL AND OUTDOOR RECREATIONAL PROGRAMS FOR THE PUBLIC. - SERVED 3 LOCAL SCHOOLS FOR OUTDOOR LESSONS IN ENVIRONMENTAL EDUCATION AT HIDDEN VALLEY NATURE CENTER. - BEGAN CONSTRUCTION ON NEW WELCOME CENTER BUILDING. HEALTHY ORGANIZATION - REVIEWED & REVISED ALL ORGANIZATIONAL POLICIES AS PART OF 5-YEAR LAND TRUST ALLIANCE RE-ACCREDITATION. - LAUNCHED REFRESHED VERSION OF ORGANIZATIONAL WEBSITE.
COMMUNITY - ENGAGED WITH COMMUNITY PROGRAMS ON OUR PRESERVES AND AT HIDDEN VALLEY NATURE CENTER INCLUDING EDUCATIONAL AND OUTDOOR RECREATIONAL PROGRAMS FOR THE PUBLIC. - SERVED 3 LOCAL SCHOOLS FOR OUTDOOR LESSONS IN ENVIRONMENTAL EDUCATION AT HIDDEN VALLEY NATURE CENTER. - BEGAN CONSTRUCTION ON NEW WELCOME CENTER BUILDING. HEALTHY ORGANIZATION - REVIEWED & REVISED ALL ORGANIZATIONAL POLICIES AS PART OF 5-YEAR LAND TRUST ALLIANCE RE-ACCREDITATION. - LAUNCHED REFRESHED VERSION OF ORGANIZATIONAL WEBSITE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally Butler Director | Trustee | 5 | $0 |
Carole Cifrino Director | Trustee | 8 | $0 |
Chuck Dinsmore Director | Trustee | 3 | $0 |
Carolyn Gabbe Director | Trustee | 5 | $0 |
Laurie Howarth Director | Trustee | 5 | $0 |
Tracy Moskovitz Secretary | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $107,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,941,431 |
| Noncash contributions included in lines 1a–1f | $434,700 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,048,831 |
| Total Program Service Revenue | $122,946 |
| Investment income | $59,133 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,144 |
| Net Gain/Loss on Asset Sales | $45,855 |
| Net Income from Fundraising Events | -$12,932 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,280,236 |
| 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. | $63,804 |
| Compensation of current officers, directors, key employees. | $3,632 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $657,418 |
| Pension plan accruals and contributions | $11,055 |
| Other employee benefits | $76,109 |
| Payroll taxes | $56,820 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,157 |
| Fees for services: Accounting | $25,401 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $102,095 |
| Advertising and promotion | $11,575 |
| Office expenses | $29,339 |
| Information technology | $21,628 |
| Royalties | $0 |
| Occupancy | $25,053 |
| Travel | $14,253 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,142 |
| Interest | $17,891 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,839 |
| Insurance | $57,154 |
| All other expenses | $56,231 |
| Total functional expenses | $1,787,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,762 |
| Savings and temporary cash investments | $6,778 |
| Pledges and grants receivable | $63,946 |
| Accounts receivable, net | $21,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,359 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $38,462 |
| Net Land, buildings, and equipment | $998,366 |
| Investments—publicly traded securities | $2,453,116 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,770,399 |
| Total assets | $11,386,688 |
| Accounts payable and accrued expenses | $97,683 |
| Grants payable | $0 |
| Deferred revenue | $18,430 |
| 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 | $447,932 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $564,045 |
| Net assets without donor restrictions | $8,479,111 |
| Net assets with donor restrictions | $2,343,532 |
| 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 | $11,386,688 |