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Nonprofiteer
← FOREST SOCIETY OF MAINE

Form 990 for tax year 2022

Filed by FOREST SOCIETY OF MAINE.

Totals

Total revenue
$3,227,686
Total expenses
$1,417,843
Contributions and grants received
$3,080,158
Grants paid
$344,810
Program service revenue
$16,421
Investment income
$129,976
Other revenue
$1,131
Total assets, end of year
$15,794,240
Total liabilities, end of year
$66,206
Net assets or fund balances, end of year
$15,728,034
Program services expenses (Part IX)
$1,178,360
Management and general expenses
$185,053
Fundraising expenses
$54,430
Program service expenses (Part III)
$1,178,360

Program services were 83.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $325,000

  • 1f · All other contributions, gifts and grants

    $2,755,158

  • 1g · Noncash contributions included above

    $480,841

  • 2a · Program service revenue: SERVICE REVENUE

    total $16,421 · related or exempt $16,421

  • 3 · Investment income

    total $212,198 · excluded $212,198

  • 6a · Gross rents

    real property $1,131

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $1,131

  • 6d · Net rental income or loss

    total $1,131 · excluded $1,131

  • 7a · Gross sales of assets other than inventory

    securities $4,499,713

  • 7b · Less cost or other basis and sales expenses

    securities $4,581,935

  • 7c · Gain or loss

    securities -$82,222

  • 7d · Net gain or loss

    total -$82,222 · excluded -$82,222

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $344,810 · program services $344,810

  • 5 · Compensation of officers, directors and key employees

    total $137,058 · program services $85,031 · management and general $36,896 · fundraising $15,131

  • 7 · Other salaries and wages

    total $538,782 · program services $440,128 · management and general $79,237 · fundraising $19,417

  • 8 · Pension plan contributions

    total $40,811 · program services $33,397 · management and general $5,965 · fundraising $1,449

  • 9 · Other employee benefits

    total $75,154 · program services $59,052 · management and general $12,508 · fundraising $3,594

  • 10 · Payroll taxes

    total $52,060 · program services $40,607 · management and general $8,850 · fundraising $2,603

  • 11g · Fees: other

    total $78,869 · program services $61,518 · management and general $13,408 · fundraising $3,943

  • 12 · Advertising and promotion

    total $14,682 · program services $11,452 · management and general $2,496 · fundraising $734

  • 13 · Office expenses

    total $10,873 · program services $8,482 · management and general $1,847 · fundraising $544

  • 16 · Occupancy

    total $28,203 · program services $21,998 · management and general $4,794 · fundraising $1,411

  • 17 · Travel

    total $20,064 · program services $15,649 · management and general $3,411 · fundraising $1,004

  • 19 · Conferences, conventions and meetings

    total $16,228 · program services $12,658 · management and general $2,758 · fundraising $812

  • 22 · Depreciation, depletion and amortization

    total $14,302 · program services $11,156 · management and general $2,431 · fundraising $715

  • 23 · Insurance

    total $12,763 · program services $9,955 · management and general $2,170 · fundraising $638

  • 24a · Other expenses: SUPPLIES AND EXPENSES

    total $16,242 · program services $9,208 · management and general $5,436 · fundraising $1,598

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $6,209 · program services $4,843 · management and general $1,056 · fundraising $310

  • 24c · Other expenses: SPECIAL EVENTS

    total $5,973 · program services $4,659 · management and general $1,015 · fundraising $299

  • 24d · Other expenses: REPAIRS AND MAINTENANCE

    total $4,561 · program services $3,558 · management and general $775 · fundraising $228

  • 24e · All other expenses

    total $199 · program services $199

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $2,552,575 · end of year $3,271,377

  • 3 · Pledges and grants receivable

    beginning of year $66,048 · end of year $332,002

  • 4 · Accounts receivable

    beginning of year $12,851 · end of year $2,648

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,367 · end of year $9,676

  • 10a · Land, buildings and equipment: cost or other basis

    $1,412,863

  • 10b · Land, buildings and equipment: accumulated depreciation

    $250,477

  • 10c · Land, buildings and equipment, net

    beginning of year $635,077 · end of year $1,162,386

  • 11 · Investments: publicly traded securities

    beginning of year $10,095,240 · end of year $10,976,651

  • 15 · Other assets

    beginning of year $39,500 · end of year $39,500

  • 17 · Accounts payable and accrued expenses

    beginning of year $56,284 · end of year $66,206

  • 27 · Net assets without donor restrictions

    beginning of year $5,750,061 · end of year $6,654,340

  • 28 · Net assets with donor restrictions

    beginning of year $7,597,313 · end of year $9,073,694

Mission and programs · 2022

Mission

TO PROTECT AND CONSERVE THE FORESTS OF MAINE.

  • PERMANENTLY CONSERVED FORESTLANDS UTILIZING CONSERVATION EASEMENTS; MONITORED AND ENFORCED TERMS OF THE CONSERVATION EASEMENTS FOR WHICH FSM IS RESPONSIBLE; WORKED WITH FORESTLAND OWNERS AND COMMUNITIES TO DISCUSS POSSIBILITIES FOR FUTURE CONSERVATION PROJECTS. WORKED WITH COMMUNITY MEMBERS ON COLLABORATIVE EFFORTS THAT INFORM THE IMPORTANCE OF SUSTAINABLE FORESTS AND MITIGATE CLIMATE CHANGE. WORKED COLLABORATIVELY WITH OTHER CONSERVATION ORGANIZATIONS AND COMMUNITIES TOWARD COMPLETION OF THREE LARGE MULTI-YEAR, MULTI-MILLION DOLLAR PROJECTS THAT SUPPORT CONSERVATION OF SIGNIFICANT ECOLOGICAL, RECREATIONAL, AND ECONOMIC RESOURCES. ADDED A CONSERVATION STAFF POSITION AND PLANNED FOR ORGANIZATIONAL GROWTH BASED ON AN INCREASE IN INTEREST FROM FOREST LANDOWNERS IN FSM'S CONSERVATION EASEMENTS.

    Expenses $1,178,360 · Grants $344,810 · Revenue $16,421

As filed on the 2022 return.

Listed in Part VII

  • Greg Millert

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • Catherine Robbins-Halsted

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Marcia McKeague

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Cd Armstrong

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jamie Boulette

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ian Burnes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Benjamin Carlisle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dan Christensen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Carole Dyer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Allison A Economy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jay Espy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Walter Graff

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jim Hinds

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Norton Buzz Lamb

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Benny Lumbra

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Polly Mahoney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Fred Morton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bonnie Newsom

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Steve Pelletier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Scott Riccio

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Honor Sage

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Tewhey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Barbara Vickery

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nancy Stowell White

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Karin Tilberg

    PRESIDENT & CEO

    Total calculated
    $137,059
    From this org
    $124,551
    From related orgs
    $0
    Other
    $12,508
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
10 June 2024
IRS schema version
2022v5.0
Source object
202421669349301502

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