Form 990 for tax year 2023
Filed by MAINE TIMBER RESEARCH AND ENVIRONMENTAL EDUCATION FOUNDATION.
Totals
- Total revenue
- $1,722,341
- Total expenses
- $679,606
- Contributions and grants received
- $443,043
- Grants paid
- $19,083
- Program service revenue
- $134,012
- Investment income
- $1,123,536
- Other revenue
- $21,750
- Total assets, end of year
- $4,713,740
- Total liabilities, end of year
- $12,208
- Net assets or fund balances, end of year
- $4,701,532
- Program services expenses (Part IX)
- $501,402
- Management and general expenses
- $129,617
- Fundraising expenses
- $48,587
- Program service expenses (Part III)
- $501,402
Program services were 73.8% 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)
$15,000
-
1f · All other contributions, gifts and grants
$428,043
-
2a · Program service revenue: Certified Logging Prof
total $134,012 · related or exempt $134,012
-
3 · Investment income
total $92,115 · excluded $92,115
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $3,318,817
-
7b · Less cost or other basis and sales expenses
securities $2,287,396
-
7c · Gain or loss
securities $1,031,421
-
7d · Net gain or loss
total $1,031,421 · excluded $1,031,421
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: OTHER INCOME
total $21,750 · related or exempt $21,750
-
11e · Other revenue, total
$21,750
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $19,083 · program services $19,083
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $83,183 · program services $50,898 · management and general $20,383 · fundraising $11,902
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $168,344 · program services $99,826 · management and general $62,681 · fundraising $5,837
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $8,339 · program services $4,992 · management and general $2,776 · fundraising $571
-
10 · Payroll taxes
total $20,550 · program services $12,315 · management and general $6,786 · fundraising $1,449
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $9,746 · program services $962 · management and general $8,671 · fundraising $113
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $7,288 · fundraising $7,288
-
11f · Fees: investment management
total $14,336 · management and general $14,336
-
11g · Fees: other
total $159,995 · program services $159,995
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $3,186 · program services $1,898 · management and general $1,032 · fundraising $256
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $12,000 · program services $7,993 · management and general $3,302 · fundraising $705
-
17 · Travel
total $56,695 · program services $54,835 · management and general $650 · fundraising $1,210
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $2,475 · program services $2,475
-
23 · Insurance
total $8,955 · program services $4,195 · management and general $4,266 · fundraising $494
-
24a · Other expenses: Printing and Publications
total $30,907 · program services $19,575 · management and general $480 · fundraising $10,852
-
24b · Other expenses: MEALS & MEETINGS
total $28,392 · program services $24,834 · management and general $213 · fundraising $3,345
-
24c · Other expenses: PROGRAM EXPENSES
total $12,615 · program services $12,246 · fundraising $369
-
24d · Other expenses: Postage and Shipping
total $9,265 · program services $7,414 · management and general $448 · fundraising $1,403
-
24e · All other expenses
total $24,252 · program services $17,866 · management and general $3,593 · fundraising $2,793
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $202,328 · end of year $209,580
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $12,867 · end of year $82,247
-
4 · Accounts receivable
beginning of year $14,183 · end of year $7,200
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $6,863 · end of year $3,719
-
10a · Land, buildings and equipment: cost or other basis
$641,971
-
10b · Land, buildings and equipment: accumulated depreciation
$243,760
-
10c · Land, buildings and equipment, net
beginning of year $397,286 · end of year $398,211
-
11 · Investments: publicly traded securities
beginning of year $3,690,130 · end of year $4,012,783
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $5,719 · end of year $12,208
-
27 · Net assets without donor restrictions
beginning of year $993,378 · end of year $1,098,350
-
28 · Net assets with donor restrictions
beginning of year $3,324,560 · end of year $3,603,182
Mission and programs · 2023
Mission
Our Mission is to educate and advocate for the sustainable use of the forest and the ecological, economic, and social health of Maines forest community
-
PROJECT LEARNING TREE: THE MAINE TREE FOUNDATION SPONSORS AND SUPPORTS THE SUSTAINABLE FORESTRY INITIATIVE'S NATIONAL PROJECT LEARNING TREE PROGRAM IN MAINE. THE CURRICULUM IS DESIGNED TO PROVIDE SCHOOL SCHILDREN IN GRADES KINDERGARTEN THROUGH TWELVE WITH AWARENESS, KNOWLEDGE AND SKILLS RELATED TO MAINE'S NATURAL RESOURCES, PRIMARILY THE FOREST. WE CONTINUE TO OFFER WORKSHOPS TO EDUCATORS TO INCREASE THE NUMBER OF PLT FACILITATORS THAT ARE ABLE TO OFFER PLT WORKSHOPS. IN 2023, WE OFFERED MANY WORKSHOPS AND JOB FAIRS TO INTRODUCE STUDENTS TO THE OPPORTUNITIES OF JOBS IN THE MAINE FOREST.
Expenses $151,478
-
CLP PROVIDES TRAINING AND EDUCATIONAL OPPORTUNITIES TO MAINE LOGGERS. THE PROGRAM IS COMMITTED TO RECOGNIZING THE SKILL AND PROFESSIONALISM OF THOSE WHO MEET AND EXCEED OUR STANDARDS. IN 2023, THE CLP PROGRAM BEGAN UNDERGOING SOME CHANGES TO IMPROVE AND UPDATE THE CURRICULUM TO INCREASE PARTICIPATION AND CONTINUE TO GROW THE PROGRAM. A SUB COMMITTEE WAS FORMED TO HELP WORK ON THIS LARGE PROJECT.
Expenses $128,861
-
TEACHERS' TOURS (LONG-TERM EDUCATION ABOUT FORESTS PROGRAM) IS DESIGNED TO INCREASE PUBLIC UNDERSTANDING OF AN APPRECIATION FOR MAINE'S 17 MILLION ACRES OF FOREST. TEACHERS' TOURS ENCOURAGE RECOGNITION OF AND RESPECT FOR ALL FOREST VALUES, INCLUDING WOOD, RECREATION, WILDLIFE, AESTHETICS, SOIL AND WATER QUALITY, AND BIODIVERSITY OF PLANT AND ANIMAL SPECIES THROUGH SUCH PROGRAMS AS TEACHERS' TOURS, OUTDOOR CLASSROOMS AND SCHOOL FORESTS, ASSISTANCE TO SMALL LANDOWNERS, COLLABORATION WITH OTHER GROUPS TO PROVIDE ACCURATE INFORMATION ABOUT THE FOREST WITH A MONTHLY ELECTRONIC NEWSLETTER AND PROVIDING OUTREACH ON FOREST BIOPRODUCTS RESEARCH TO EDUCATORS AND THE GENERAL PUBLIC. IN 2023, WE CONTINUE TO INCREASE OUR PARTICIPANTS TO HELP INCREASE THEIR UNDERSTANDING OF MAINE'S FOREST RESOURCES.
Expenses $94,852
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Logan JohnsonLOGAN JOHNSON
EXECUTIVE DIRECTOR
- Total calculated
- $85,999
- From this org
- $83,182
- From related orgs
- $0
- Other
- $2,817
- Hours/week
- 40
-
Jonathan Pottle
President
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth Cushman
Secretary
- Total calculated
- $0
- Hours/week
- 0.23
-
Charles Hall
Director
- Total calculated
- $0
- Hours/week
- 0.23
-
Alexander Ingraham
Director
- Total calculated
- $0
- Hours/week
- 0.23
-
Keith Kanoti
Director
- Total calculated
- $0
- Hours/week
- 0.23
-
Peter Carrier
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Julie Davenport
Director
- Total calculated
- $0
- Hours/week
- 0.23
-
Kathryn Manende
Director
- Total calculated
- $0
- Hours/week
- 0.23
-
Kenneth Laustsen
Director
- Total calculated
- $0
- Hours/week
- 0.23
-
Toby Pineo
Director
- Total calculated
- $0
- Hours/week
- 0.23
-
Patrick Sirois
Director
- Total calculated
- $0
- Hours/week
- 0.23
-
Jacob Vainio
Director
- Total calculated
- $0
- Hours/week
- 0.23
-
Brian Souers
Director
- Total calculated
- $0
- Hours/week
- 0.23
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
-
$19,083
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 16 July 2024
- IRS schema version
- 2023v5.1
- Source object
- 202421989349301567
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