Form 990 for tax year 2022

Totals

Total revenue

$4,568,962

Total expenses

$3,516,988

Contributions and grants received

$4,381,103

Grants paid

$918,214

Program service revenue

$92,266

Investment income

$95,593

Other revenue

$0

Total assets, end of year

$12,276,229

Total liabilities, end of year

$5,340,873

Net assets or fund balances, end of year

$6,935,356

Program services expenses (Part IX)

$2,689,812

Management and general expenses

$377,371

Fundraising expenses

$449,805

Program service expenses (Part III)

$2,689,812

Program services were 76.5% 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.

Mission and programs · 2022

• Developing vibrant rural communities: the Center strengthens the vitality of rural communities and their ability to attract new residents and entrepreneurs seeking quality of life, community, and connection to the natural world. Highlights of FY2023 include: Continuing property redevelopment (through our subsidiary Sustainable Forest Futures) and complementary programming in Lancaster, NH, and Millinocket, ME; assisting the town of Woodstock, ME to create a 646-acre Community Forest; coordinating Maine West, a collaborative of diverse non-profits in Bethel, Rumford, South Paris, and Norway, ME; managing the Adirondack Community Recreation Alliance and providing grants for local recreation projects; implementing the first year of the Attracting New Residents Strategy in the Adirondacks which included supporting projects in Tupper Lake, Elizabethtown, Keene, and Chester, NY; and facilitating the Bike Borderlands collaborative to create quality mountain biking experiences in Gorham, Franconia, Littleton, and Bethlehem, NH; Bethel and Carrabassett Valley, ME; East Burke and Craftsbury, VT; and East Hereford, Quebec. Details are available at www.northernforest.org.

  Expenses $1,093,519 · Grants $158,992 · Revenue $39,189

• Catalyzing innovation in the forest economy: The Center helps create and improve jobs and build local wealth through opportunities that advance a regional land ethic and sustainable use of the forest. The Center's program work focuses in the following three areas:-Wood Heat: The Automated Wood Heat program has, since inception, reduced greenhouse gas impact by 9,400 tons by substituting wood pellets for more than 1.5 million gallons of fossil fuels, generating $8.1 million in positive economic impact for the region.-Wood Products Manufacturing: This program has invested in regional marketing to expand wood heat; engineering for a wood-fired district heating system in Burlington, VT; certified logger programs in NY, VT and NH; new product development in Orono, Ashland, Bingham, and East Millinocket, ME; and a feasibility assessment of using domestic hardwoods in military vehicles, leveraging an additional $2.4-million investment in the region's wood products economy. -Business Assistance: The Northern Forest Board Forum provided CEOs from wood product companies in ME and VT with business coaching throughout the year.-Rural Destination Development: The Center guided communities in the Northeast Kingdom of Vermont, Coos County of NH, and Oxford County of ME, to manage their assets for sustainable tourism and quality of life for residents through the Rural Tourism Academy. Details are available at www.northernforest.org.

  Expenses $1,364,526 · Grants $757,841 · Revenue $30,000

• Providing Dynamic Regional Leadership: The Center provides regional leadership, advocates for, and supports thriving communities and healthy forests by increasing federal investment in the region, and developing funding opportunities that meet emerging needs.-The Northern Forest Fund: Secured nearly $9 million in investment commitments to the Northern Forest Fund, an impact fund for new residential and commercial real estate projects.-Collaboration: Raised $240,000 for partners' programs to support forest conservation, broadband expansion, and mountain bike trails and programs.-Advocacy for the future of the Northern Forest: Developed and advocated for innovative approaches to rural development and changes in public policy serving rural communities. Details are available at www.northernforest.org.

  Expenses $231,767 · Grants $1,381 · Revenue $17,096

• Fees paid for board meetings

  Revenue $5,981

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• Community Concepts Finance Corp

  $136,215

  Community revitalization applications

• Nomad Communications

  $86,383

  Wood heat applications

• Fisher Associates

  $61,110

  Tourism applications

• Sullivan Creative

  $57,916

  Wood heat applications

• University of Maine Cooperative Ext

  $45,000

  Community revitalization applications

• Town of Millinocket

  $38,000

  Wood products applications

• Dirt Slangers

  $35,000

  Tourism applications

• Real Life Adventures

  $33,400

  Tourism applications

• Tulip Trails LLC

  $26,700

  Tourism Applications

• Bartley's Center Cove Events

  $25,000

  Tourism applications

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• SUSTAINABLE FOREST FUTURES INC

  501(c)(3) · Forest Economy · NH · controlled entity

  Directly controlled by Northern Forest Center Inc

• 101 Main Street Inc

  501(c)(3) · Forest Economy · NH · controlled entity

  Directly controlled by Northern Forest Center Inc

Provenance

Return type

form_990

Tax year

2022

Filed

9 March 2024

IRS schema version

2022v5.0

Source object

202410749349300231

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.