Quahog Bay Conservation
- Assets
- $1.7m
- Revenue
- $538.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Harpswell, ME
- Founding
- 07/2015
- Data as of
- 12/2023
- EIN
- 46-5144401
Organization Overview
Quahog Bay Conservation is located in Harpswell, ME. The organization was established in 2015. 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 12/2023, Quahog Bay Conservation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quahog Bay Conservation 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, Quahog Bay Conservation generated $538.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $263.0k during the year ending 12/2023. While expenses have increased by 17.6% 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
THE GOAL OF QUAHOG BAY CONSERVATION IS TO RETURN THE ECOSYSTEM OF THE QUAHOG BAY, WITHIN THE TOWN OF HARPSWELL, MAINE, TO A STATE OF HEALTH FOR ALL USERS. THIS WILL BE TANGIBLY MEASURED THROUGH IM- PROVED WATER QUALITY, REMOVAL OF INVASIVE SPECIES, AND THE RESTORATION (CONT P.2)
Describe the Organization's Program Activity:
Part 3 - Line 4a
MITIGATION ACTIVITIES - QBC IS INVOLVED WITH MANY DIFFERENT AQUATIC POLLUTION AND INVASIVE SPECIES MITIGATION PROJECTS.FIRST: QBC HAS BEEN REMOVING, AND WILL CONTINUE TO REMOVE, TRASH AT THE SURFACE BY BOAT, AND TRASH AND DEBRIS BELOW THE SURFACE BY SCUBA DIVERS. THIS WILL IMPROVE THE WATER QUALITY IN THIS AREA.SECOND: QBC MAINTAINS AND OPERATES A SEPTIC PUMP OUT BOAT, WHICH PROVIDES A FREE SERVICE FOR TRAVELING BOAT CRUISERS, GIVING THEM THE OPPORTUNITY TO HAVE THEIR SEPTIC HOLDING TANKS PUMPED RATHER THAN BLOWING THEM OUT AT SEA.
THIRD: QBC IS ONE OF MAINE'S LARGEST INVASIVE GREEN CRAB TRAPPERS. QBC TRAPS APPROXIMATELY 10,000 LBS. OF INVASIVE GREEN CRABS OUT OF QUAHOG BAY YEARLY.FOURTH: QBC ROUTINELY PERFORMS STATIONARY WATER SAMPLING WITHIN QUAHOG BAY. THESESAMPLES ARE TESTED FOR POLLUTANTS, DATA IS DOCUMENTED AND SHARED WITH THE STATE OF MAINE MARINE RESEARCH GROUPS.FIFTH: QBC HAS LAUNCHED AN OYSTER FARM WITHIN QUAHOG BAY. EACH OYSTER FILTERS 50 GALLONS OF BAY WATER PER DAY AND WHEN THEY REACH MATURITY, WILL BE SOLD AND PROFITS GO DIRECTLY BACK INTO QBC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Hunter Secretary | OfficerTrustee | 2 | $7,803 |
Patrick Scanlan President | OfficerTrustee | 2 | $0 |
Eugenia Pasala Treasurer | OfficerTrustee | 2 | $0 |
Steve Rowe Board Member | Trustee | 2 | $0 |
Stephanie Rowe Board Member | 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 | $486,579 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $486,579 |
| Total Program Service Revenue | $30,298 |
| Investment income | $21,769 |
| 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 | $538,646 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $7,803 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $113,216 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,755 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,487 |
| Advertising and promotion | $0 |
| Office expenses | $16,967 |
| Information technology | $17,171 |
| Royalties | $0 |
| Occupancy | $12,000 |
| 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 | $7,667 |
| Insurance | $6,558 |
| All other expenses | $2,517 |
| Total functional expenses | $263,030 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,917 |
| Savings and temporary cash investments | $587,405 |
| 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 | $10,024 |
| Investments—publicly traded securities | $1,057,686 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,719,032 |
| Accounts payable and accrued expenses | $83,291 |
| 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 | $83,291 |
| Net assets without donor restrictions | $1,635,741 |
| Net assets with donor restrictions | $0 |
| 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 | $1,719,032 |