Form 990 for tax year 2022
Filed by MAINE TIMBER RESEARCH AND ENVIRONMENTAL EDUCATION FOUNDATION.
Totals
- Total revenue
- $525,338
- Total expenses
- $515,557
- Contributions and grants received
- $268,858
- Grants paid
- $0
- Program service revenue
- $110,400
- Investment income
- $145,190
- Other revenue
- $890
- Total assets, end of year
- $4,323,657
- Total liabilities, end of year
- $5,719
- Net assets or fund balances, end of year
- $4,317,938
- Program services expenses (Part IX)
- $344,430
- Management and general expenses
- $152,596
- Fundraising expenses
- $18,531
- Program service expenses (Part III)
- $344,430
Program services were 66.8% 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)
$2,500
-
1f · All other contributions, gifts and grants
$266,358
-
2a · Program service revenue: Certified Logging Prof
total $110,400 · related or exempt $110,400
-
3 · Investment income
total $70,097 · excluded $70,097
-
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 $314,719
-
7b · Less cost or other basis and sales expenses
securities $239,626
-
7c · Gain or loss
securities $75,093
-
7d · Net gain or loss
total $75,093 · excluded $75,093
-
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 $890 · related or exempt $890
-
11e · Other revenue, total
$890
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
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 $73,521 · program services $28,518 · management and general $37,822 · fundraising $7,181
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $145,544 · program services $86,750 · management and general $57,886 · fundraising $908
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $1,428 · program services $769 · management and general $609 · fundraising $50
-
10 · Payroll taxes
total $17,448 · program services $9,181 · management and general $7,623 · fundraising $644
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $7,678 · program services $709 · management and general $6,919 · fundraising $50
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $22,342 · management and general $22,342
-
11g · Fees: other
total $88,324 · program services $83,447 · management and general $1,842 · fundraising $3,035
-
12 · Advertising and promotion
total $744 · management and general $744
-
13 · Office expenses
total $9,432 · program services $6,323 · management and general $2,906 · fundraising $203
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $16,300 · program services $11,562 · management and general $4,369 · fundraising $369
-
17 · Travel
total $40,170 · program services $39,740 · management and general $312 · fundraising $118
-
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 $2,390 · program services $2,390
-
23 · Insurance
total $8,508 · program services $5,198 · management and general $3,207 · fundraising $103
-
24a · Other expenses: Printing and Publications
total $22,129 · program services $15,689 · management and general $1,830 · fundraising $4,610
-
24b · Other expenses: MEALS & MEETINGS
total $20,766 · program services $20,651 · management and general $109 · fundraising $6
-
24c · Other expenses: PROGRAM EXPENSES
total $14,371 · program services $13,752 · management and general $619
-
24d · Other expenses: TELEPHONE & UTILITIES
total $7,143 · program services $6,243 · management and general $830 · fundraising $70
-
24e · All other expenses
total $17,319 · program services $13,508 · management and general $2,627 · fundraising $1,184
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $358,677 · end of year $202,328
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $23,772 · end of year $12,867
-
4 · Accounts receivable
beginning of year $6,224 · end of year $14,183
-
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 $3,721 · end of year $6,863
-
10a · Land, buildings and equipment: cost or other basis
$638,571
-
10b · Land, buildings and equipment: accumulated depreciation
$241,285
-
10c · Land, buildings and equipment, net
beginning of year $399,676 · end of year $397,286
-
11 · Investments: publicly traded securities
beginning of year $4,106,753 · end of year $3,690,130
-
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 $70,030 · end of year $5,719
-
27 · Net assets without donor restrictions
beginning of year $1,113,226 · end of year $993,378
-
28 · Net assets with donor restrictions
beginning of year $3,715,567 · end of year $3,324,560
Mission and programs · 2022
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
-
Certified Logging Professionals (CLPS) 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. CLP had many training sessions virtual and in-person and trained over 33 new CLPs along with the site visits required.
Expenses $110,682
-
The Holt Research Forest is the site of long-term forest ecosystem research in Arrowsic, Maine. Maine TREE acquired the 350-acre property in 2014 through a merger with the Holt Woodland Research Foundation. In 2021, there was a harvest on the property and also, we have done some upgrades to the property. We continue training programs on the property and continue providing opportunities. We also had two technicians to help with the forest inventory and after harvest inventory.
Expenses $90,245
-
Teachers Tour continue to be very successful and are well attended each year. Austin Wilkins award has continued to be well received.
Expenses $72,063
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
LOGAN JOHNSON
EXECUTIVE DIRECTOR
- Total calculated
- $44,996
- From this org
- $44,996
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
JONATHAN LABONTE
EXECUTIVE DIRECTOR
- Total calculated
- $28,525
- From this org
- $28,525
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Ethan Bessey
President
- Total calculated
- $0
- Hours/week
- 0.35
-
Barbara Brusila
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
-
Randy Lagasse
Director
- Total calculated
- $0
- Hours/week
- 0.23
-
Peter Carrier
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Kathryn Manende
Director
- Total calculated
- $0
- Hours/week
- 0.23
-
Jonathan Pottle
Director
- Total calculated
- $0
- Hours/week
- 0.23
-
Brian Roth
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
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 23 June 2023
- IRS schema version
- 2022v5.0
- Source object
- 202321749349300912
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