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Nonprofiteer
← COASTAL RIVERS CONSERVATION TRUST

Form 990 for tax year 2022

Filed by COASTAL RIVERS CONSERVATION TRUST.

Totals

Total revenue
$4,522,268
Total expenses
$3,484,448
Contributions and grants received
$4,519,327
Grants paid
$0
Program service revenue
$36,015
Investment income
-$16,677
Other revenue
-$16,397
Total assets, end of year
$18,319,817
Total liabilities, end of year
$1,652,689
Net assets or fund balances, end of year
$16,667,128
Program services expenses (Part IX)
$2,787,495
Management and general expenses
$418,074
Fundraising expenses
$278,879
Program service expenses (Part III)
$2,787,495

Program services were 80.0% 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.

  • 1f · All other contributions, gifts and grants

    $4,519,327

  • 1g · Noncash contributions included above

    $1,962,151

  • 2a · Program service revenue: Educational Programs

    total $36,015 · related or exempt $36,015

  • 3 · Investment income

    total $19,140 · excluded $19,140

  • 6a · Gross rents

    real property $16,750

  • 6b · Less rental expenses

    real property $72,606

  • 6c · Rental income or loss

    real property -$55,856

  • 6d · Net rental income or loss

    total -$55,856 · unrelated business -$10,718 · excluded -$45,138

  • 7a · Gross sales of assets other than inventory

    securities $586,905 · other assets $748,639

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

    securities $561,270 · other assets $810,091

  • 7c · Gain or loss

    securities $25,635 · other assets -$61,452

  • 7d · Net gain or loss

    total -$35,817 · excluded -$35,817

  • 10a · Gross sales of inventory

    $962

  • 10b · Cost of goods sold

    $4,220

  • 10c · Net income from sales of inventory

    total -$3,258 · related or exempt -$3,258

  • 11a · Other revenue: Partnership Income

    total $42,717 · unrelated business $19 · excluded $42,698

  • 11e · Other revenue, total

    $42,717

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $103,773 · program services $60,410 · management and general $21,182 · fundraising $22,181

  • 7 · Other salaries and wages

    total $568,267 · program services $330,809 · management and general $115,993 · fundraising $121,465

  • 8 · Pension plan contributions

    total $16,724 · program services $2,626 · management and general $14,098

  • 9 · Other employee benefits

    total $64,291 · program services $10,097 · management and general $54,194

  • 10 · Payroll taxes

    total $54,302 · program services $33,424 · management and general $9,301 · fundraising $11,577

  • 11b · Fees: legal

    total $20,516 · program services $9,927 · management and general $7,010 · fundraising $3,579

  • 11c · Fees: accounting

    total $32,568 · program services $17,235 · management and general $10,150 · fundraising $5,183

  • 11f · Fees: investment management

    total $6,385 · program services $3,379 · management and general $1,990 · fundraising $1,016

  • 11g · Fees: other

    total $93,651 · program services $43,746 · management and general $33,036 · fundraising $16,869

  • 12 · Advertising and promotion

    total $6,033 · program services $474 · management and general $500 · fundraising $5,059

  • 16 · Occupancy

    total $40,853 · program services $29,914 · management and general $10,939

  • 17 · Travel

    total $4,676 · program services $1,013 · management and general $2,292 · fundraising $1,371

  • 20 · Interest

    total $55,651 · program services $55,651

  • 22 · Depreciation, depletion and amortization

    total $171,156 · program services $158,393 · management and general $12,763

  • 23 · Insurance

    total $88,478 · program services $23,020 · management and general $65,458

  • 24a · Other expenses: Impairment Expense

    total $1,782,025 · program services $1,782,025 · management and general $0 · fundraising $0

  • 24b · Other expenses: Supplies and Materials

    total $117,795 · program services $104,714 · management and general $6,137 · fundraising $6,944

  • 24c · Other expenses: Postage and Printing

    total $51,628 · program services $11,337 · management and general $12,301 · fundraising $27,990

  • 24d · Other expenses: Fiscal Sponsor Fees

    total $49,682 · program services $15,071 · management and general $16,252 · fundraising $18,359

  • 24e · All other expenses

    total $155,994 · program services $94,230 · management and general $24,478 · fundraising $37,286

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $177,596 · end of year $636,382

  • 3 · Pledges and grants receivable

    beginning of year $989,718 · end of year $621,930

  • 4 · Accounts receivable

    beginning of year $600 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,036 · end of year $8,594

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

    $16,898,924

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

    $1,109,572

  • 10c · Land, buildings and equipment, net

    beginning of year $13,316,281 · end of year $15,789,352

  • 11 · Investments: publicly traded securities

    beginning of year $1,156,899 · end of year $921,354

  • 12 · Investments: other securities

    beginning of year $229,110 · end of year $228,260

  • 15 · Other assets

    beginning of year $190,790 · end of year $113,945

  • 17 · Accounts payable and accrued expenses

    beginning of year $83,015 · end of year $112,275

  • 19 · Deferred revenue

    beginning of year $27,378 · end of year $31,660

  • 23 · Secured mortgages and notes payable

    beginning of year $366,107 · end of year $1,368,073

  • 25 · Other liabilities

    beginning of year $0 · end of year $140,681

  • 27 · Net assets without donor restrictions

    beginning of year $11,374,399 · end of year $12,009,522

  • 28 · Net assets with donor restrictions

    beginning of year $4,216,131 · end of year $4,657,606

Mission and programs · 2022

Mission

Preserve and promote the natural, cultural, and historical heritage of the Damariscotta-Pemaquid Region and adjacent areas for the benefit of all.

Activities or mission (Part I)

Conservation & education - The benefit and enjoyment of the general public, to promote the preservation and conservation of the natural, cultural, and historic resources of the Damariscotta-Pemaquid Region, research and scientific study, and public education.

  • Conservation efforts center on the Damariscotta-Pemaquid Region, encompassing eight towns. Coastal Rivers owns 58 preserves, holds 64 easements, and co-manages an additional 13 properties, together totaling more than 6,754 acres. We work in partnership with private landowners, agencies, and other non-profits. Gifts of land and conservation easements from generous donors, as well as targeted purchases, help us grow and connect our network of conserved lands for public benefit - wildlife, water quality, scenic integrity, historical preservation, and public access. With dozens of natural areas, more than 50 miles of trails, and several islands in our care and open to the public, we work hard to create new opportunities for families and individuals to get out on the land and water while respecting the precious and sometimes fragile natural resources we all enjoy and benefit from.

    Expenses $2,236,072 · Revenue -$3,258

  • Operation and maintenance of two historic farm houses and surrounding land. These serve as nature centers, educational facilities, and administrative offices. In addition, these resources provide a community hub for the Damariscotta region, farmer's market, and central meeting space for nature programs.

    Expenses $398,370

  • Education, outreach, and marine programs and materials, including the School for Field Naturalists and related programs. Connecting people and place is central to our mission. We are convinced that engaging youth and adults alike with the natural world in this exceptional region builds a stronger community of caring stewards dedicated to the integrity of the Damariscotta-Pemaquid Region.Programs include Midcoast Stewards, Oyster Gardening, Camp Mummichog, Mushroom Workshops, Edible Seaweed Courses, Wabanaki Living Skills and Culture. These are offered to benefit school-aged children, individuals, families, and municipal officials.

    Expenses $153,053 · Revenue $36,015

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

Listed in Part VII

  • Matthew Hanly

    President

    Total calculated
    $0
    Hours/week
    12

  • Lee Schiller

    Treasurer

    Total calculated
    $0
    Hours/week
    12

  • Kelsey Gibbs

    Secretary

    Total calculated
    $0
    Hours/week
    8

  • Josh Allan

    Trustee

    Total calculated
    $0
    Hours/week
    4

  • Jennifer Atkinson

    Trustee

    Total calculated
    $0
    Hours/week
    4

  • Malcolm Foster

    Trustee

    Total calculated
    $0
    Hours/week
    4

  • Carol Lariviere

    Trustee

    Total calculated
    $0
    Hours/week
    4

  • Kathy Leeman

    Trustee

    Total calculated
    $0
    Hours/week
    4

  • Dennis McKenna

    Trustee

    Total calculated
    $0
    Hours/week
    4

  • Rod Melanson

    Trustee

    Total calculated
    $0
    Hours/week
    4

  • Dru Sanford

    Trustee

    Total calculated
    $0
    Hours/week
    4

  • Emily Weiss

    Trustee

    Total calculated
    $0
    Hours/week
    4

  • Gordon Morrell

    Vice President

    Total calculated
    $0
    Hours/week
    8

  • Ellen Wells

    Trustee

    Total calculated
    $0
    Hours/week
    4

  • Steven Hufnagel

    Executive Director

    Total calculated
    $114,715
    From this org
    $103,773
    From related orgs
    $0
    Other
    $10,942
    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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
29 March 2024
IRS schema version
2022v5.0
Source object
202420899349301222

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