Coastal Mountains Land Trust
- Assets
- $9.3m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 12
- Location
- Camden, ME
- Founding
- 05/1987
- Data as of
- 03/2022
- EIN
- 22-2795691
Organization Overview
Coastal Mountains Land Trust is located in Camden, 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 03/2022, Coastal Mountains Land Trust employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coastal Mountains 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 03/2022, Coastal Mountains Land Trust generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $1.7m during the year ending 03/2022. While expenses have increased by 13.1% per year over the past 7 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
WE CONSERVE LAND PERMANENTLY TO BENEFIT THE NATURAL AND HUMAN COMMUNITIES OF WESTERN THE PENOBSCOT BAY REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LAND TRUST ACQUIRED LAND AND RECEIVED CONSERVATION EASEMENTS TO PERMANENTLY PROTECT AND PRESERVE BIOLOGICAL DIVERSITY, SCENIC LANDSCAPES, AND FOREST, FARM, AND WATER RESOURCES, AND TO PROVIDE THE PUBLIC WITH OUTDOOR RECREATIONAL OPPORTUNITIES.
THE LAND TRUST CONTINUED TO ACT AS A STEWARD OVER THE LAND AND EASEMENTS FOR WHICH IT IS RESPONSIBLE.
THE LAND TRUST PUBLISHED NEWSLETTERS, MAINTAINED A WEBSITE, AND GAVE EDUCATIONAL PRESENTATIONS TO INCREASE PUBLIC AWARENESS AND UNDERSTANDING OF THE IMPORTANCE OF LAND CONSERVATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ian Stewart Executive Director | Officer | 40 | $88,168 |
Gianne Conard Vice President | OfficerTrustee | 2 | $0 |
H Landis Gabel Secretary | OfficerTrustee | 2 | $0 |
Dan Johnson President | OfficerTrustee | 2 | $0 |
Malcolm White Treasurer | OfficerTrustee | 2 | $0 |
Roy Call Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,449 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,028,301 |
| Noncash contributions included in lines 1a–1f | $620,433 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,029,750 |
| Total Program Service Revenue | $0 |
| Investment income | $60,883 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $180,284 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,270,917 |
| 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. | $88,168 |
| Compensation of current officers, directors, key employees. | $9,698 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $290,897 |
| Pension plan accruals and contributions | $6,695 |
| Other employee benefits | $29,128 |
| Payroll taxes | $27,695 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,905 |
| Fees for services: Accounting | $19,292 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,518 |
| Advertising and promotion | $3,054 |
| Office expenses | $19,276 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,245 |
| Travel | $23,192 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $144 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,997 |
| Insurance | $42,675 |
| All other expenses | $45,919 |
| Total functional expenses | $1,663,609 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $167,476 |
| Savings and temporary cash investments | $448,217 |
| Pledges and grants receivable | $126,223 |
| 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 | $24,113 |
| Net Land, buildings, and equipment | $2,018,294 |
| Investments—publicly traded securities | $4,298,092 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,201,529 |
| Total assets | $9,283,944 |
| Accounts payable and accrued expenses | $18,366 |
| 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 | $100,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $118,366 |
| Net assets without donor restrictions | $4,880,814 |
| Net assets with donor restrictions | $4,284,764 |
| 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 | $9,283,944 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Coastal Mountains Land Trust has recieved totaling $18,000.
| Awarding Organization | Amount |
|---|---|
Mudge Foundation 4942-0 Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $18,000 |
Endowment Analysis
| Beg. Balance | $816,029 |
| Earnings | $51,777 |
| Net Contributions | $5,000 |
| Other Expense | $33,800 |
| Ending Balance | $839,006 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maine Coast Heritage Trust Topsham, ME | $288,737,271 | $21,037,195 |
Mahoosuc Land Trust Inc Bethel, ME | $6,057,135 | $8,974,124 |
Elliotsville Foundation Inc Portland, ME | $37,052,025 | $5,307,911 |
Friends Of Acadia Bar Harbor, ME | $82,291,605 | $9,023,767 |
Down East Lakes Land Tr Grand Lake Stream, ME | $31,521,154 | $5,353,217 |
Upper Valley Land Trust Inc Hanover, NH | $20,149,822 | $4,243,295 |
Coastal Mountains Land Trust Camden, ME | $9,283,944 | $2,270,917 |
Cape Elizabeth Land Trust Inc Cape Elizabeth, ME | $7,668,896 | $878,138 |
The Monadnock Conservancy Keene, NH | $11,060,426 | $1,594,426 |
Scarborough Land Conservation Trust Scarborough, ME | $6,734,487 | $2,967,081 |
Kennebunkport Conservation Trust Cape Porpoise, ME | $23,403,726 | $2,060,143 |
Brunswick-Topsham Land Trust Inc Brunswick, ME | $5,391,135 | $1,180,824 |