Totals
- Total revenue
- $1,922,704
- Total expenses
- $1,504,799
- Contributions and grants received
- $1,728,388
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $141,815
- Other revenue
- $52,501
- Total assets, end of year
- $10,631,163
- Total liabilities, end of year
- $200,000
- Net assets or fund balances, end of year
- $10,431,163
- Program services expenses (Part IX)
- $1,198,985
- Management and general expenses
- $167,526
- Fundraising expenses
- $138,288
- Program service expenses (Part III)
- $1,198,985
Program services were 79.7% 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.
-
1b · Membership dues
$147,758
-
1f · All other contributions, gifts and grants
$1,580,630
-
3 · Investment income
total $81,660 · excluded $81,660
-
6a · Gross rents
real property $35,532
-
6c · Rental income or loss
real property $35,532
-
6d · Net rental income or loss
total $35,532 · excluded $35,532
-
7a · Gross sales of assets other than inventory
securities $285,418
-
7b · Less cost or other basis and sales expenses
securities $225,263
-
7c · Gain or loss
securities $60,155
-
7d · Net gain or loss
total $60,155 · excluded $60,155
-
8a · Fundraising events: gross income
$22,042
-
8b · Fundraising events: direct expenses
$12,600
-
8c · Net income from fundraising events
total $9,442 · excluded $9,442
-
11a · Other revenue: Miscellaneous Income
total $7,527 · related or exempt $7,527
-
11e · Other revenue, total
$7,527
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 $76,719 · program services $38,360 · management and general $19,180 · fundraising $19,179
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $268,234 · program services $134,117 · management and general $67,058 · fundraising $67,059
-
8 · Pension plan contributions
total $17,447 · program services $8,724 · management and general $4,362 · fundraising $4,361
-
9 · Other employee benefits
total $17,756 · program services $8,878 · management and general $4,439 · fundraising $4,439
-
10 · Payroll taxes
total $27,851 · program services $13,925 · management and general $6,963 · fundraising $6,963
-
11a · Fees: management
total $82,426 · program services $82,426
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $14,866 · program services $88 · management and general $14,778
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $14,460 · management and general $14,460
-
11g · Fees: other
total $33,232 · program services $16,616 · management and general $8,308 · fundraising $8,308
-
12 · Advertising and promotion
total $604 · program services $302 · management and general $151 · fundraising $151
-
13 · Office expenses
total $39,676 · program services $19,840 · management and general $9,918 · fundraising $9,918
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $19,920 · program services $9,960 · management and general $4,980 · fundraising $4,980
-
17 · Travel
total $4,350 · program services $2,175 · management and general $1,088 · fundraising $1,087
-
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 $9,732 · program services $4,866 · management and general $2,433 · fundraising $2,433
-
23 · Insurance
total $15,018 · program services $7,509 · management and general $3,754 · fundraising $3,755
-
24a · Other expenses: Special project expenses
total $806,740 · program services $806,740
-
24b · Other expenses: Professional development
total $17,339 · program services $8,669 · management and general $4,335 · fundraising $4,335
-
24c · Other expenses: Land Stewardship
total $5,194 · program services $5,194
-
24d · Other expenses: Property Taxes
total $23,977 · program services $23,977
-
24e · All other expenses
total $9,258 · program services $6,619 · management and general $1,319 · fundraising $1,320
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $113,991 · end of year $107,999
-
2 · Savings and temporary cash investments
beginning of year $559,864 · end of year $907,029
-
10a · Land, buildings and equipment: cost or other basis
$7,670,174
-
10b · Land, buildings and equipment: accumulated depreciation
$21,103
-
10c · Land, buildings and equipment, net
beginning of year $7,622,163 · end of year $7,649,071
-
11 · Investments: publicly traded securities
beginning of year $1,499,120 · end of year $1,967,064
-
23 · Secured mortgages and notes payable
end of year $200,000
-
27 · Net assets without donor restrictions
beginning of year $1,309,574 · end of year $1,386,928
-
28 · Net assets with donor restrictions
beginning of year $8,485,564 · end of year $9,044,235
Mission and programs · 2023
Mission
Loon Echo Land Trust protects land in the northern Sebago Lake region to conserve its natural resources and character for future generations.
-
Management maintenance of parcels of land owned by the Trust or for which the Trust holds easements. Ongoing efforts to identify land areas to be preserved and / or put under conservation easement.
Expenses $392,245
-
Expenses associated with acquisition and stewardship of land for preservation.
Expenses $806,740
As filed on the 2023 return.
Listed in Part VII
-
Matthew Markot
Exceutive Director
- Total calculated
- $79,505
- From this org
- $76,719
- From related orgs
- $0
- Other
- $2,786
- Hours/week
- 40
-
Sheila Bourque
President
- Total calculated
- $0
- Hours/week
- 3
-
Steven Mortimer
Vice President
- Total calculated
- $0
- Hours/week
- 3
-
Robert Gowdy
Treasurer
- Total calculated
- $0
- Hours/week
- 3
-
Quincy Van Winkle
Secretary
- Total calculated
- $0
- Hours/week
- 3
-
Connie Cross
Director
- Total calculated
- $0
- Hours/week
- 1
-
Eric Dibner
Director
- Total calculated
- $0
- Hours/week
- 1
-
Melissa Rock
Director
- Total calculated
- $0
- Hours/week
- 1
-
Carol Sudduth
Director
- Total calculated
- $0
- Hours/week
- 1
-
Alanna Yannelli
Director
- Total calculated
- $0
- Hours/week
- 1
-
Geoff Homer
Director
- Total calculated
- $0
- Hours/week
- 1
-
David Suitor
Director
- Total calculated
- $0
- Hours/week
- 1
-
Lee Bearse
Director
- Total calculated
- $0
- Hours/week
- 1
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
- 2023
- Filed
- 22 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422969349300117
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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