Totals
- Total revenue
- $954,746
- Total expenses
- $1,042,242
- Contributions and grants received
- $601,654
- Grants paid
- $520,505
- Program service revenue
- $0
- Investment income
- $136,672
- Other revenue
- $216,420
- Total assets, end of year
- $11,057,109
- Total liabilities, end of year
- $172,305
- Net assets or fund balances, end of year
- $10,884,804
- Program services expenses (Part IX)
- $666,469
- Management and general expenses
- $187,813
- Fundraising expenses
- $187,960
- Program service expenses (Part III)
- $666,469
Program services were 63.9% 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
$186,289
-
1c · Fundraising events
$7,180
-
1f · All other contributions, gifts and grants
$408,185
-
1g · Noncash contributions included above
$10,057
-
3 · Investment income
total $136,365 · excluded $136,365
-
6a · Gross rents
real property $120,000
-
6b · Less rental expenses
real property $11,822
-
6c · Rental income or loss
real property $108,178
-
6d · Net rental income or loss
total $108,178 · excluded $108,178
-
7a · Gross sales of assets other than inventory
securities $307
-
7c · Gain or loss
securities $307
-
7d · Net gain or loss
total $307 · excluded $307
-
8a · Fundraising events: gross income
$137,298
-
8a · Fundraising events: contributions included on line 1c
$7,180
-
8b · Fundraising events: direct expenses
$29,702
-
8c · Net income from fundraising events
total $107,596 · excluded $107,596
-
10a · Gross sales of inventory
$7,551
-
10b · Cost of goods sold
$6,905
-
10c · Net income from sales of inventory
total $646 · excluded $646
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $520,505 · program services $520,505
-
5 · Compensation of officers, directors and key employees
total $124,295 · program services $31,579 · management and general $37,662 · fundraising $55,054
-
7 · Other salaries and wages
total $157,256 · program services $37,472 · management and general $49,111 · fundraising $70,673
-
8 · Pension plan contributions
total $7,754 · program services $2,441 · management and general $2,072 · fundraising $3,241
-
9 · Other employee benefits
total $47,449 · program services $14,938 · management and general $12,679 · fundraising $19,832
-
10 · Payroll taxes
total $18,046 · program services $4,147 · management and general $7,088 · fundraising $6,811
-
11c · Fees: accounting
total $17,750 · management and general $17,750
-
11f · Fees: investment management
total $37,242 · management and general $37,242
-
11g · Fees: other
total $23,459 · program services $500 · management and general $12,782 · fundraising $10,177
-
12 · Advertising and promotion
total $12,307 · program services $12,307
-
13 · Office expenses
total $43,138 · program services $28,732 · management and general $2,419 · fundraising $11,987
-
17 · Travel
total $3,617 · fundraising $3,617
-
22 · Depreciation, depletion and amortization
total $1,504 · management and general $1,504
-
23 · Insurance
total $6,396 · management and general $6,396
-
24a · Other expenses: TRAINING
total $9,284 · program services $8,695 · management and general $295 · fundraising $294
-
24b · Other expenses: DONOR RECOGNITION AND CUL
total $6,107 · fundraising $6,107
-
24c · Other expenses: MISCELLANEOUS
total $5,070 · program services $5,070
-
24d · Other expenses: REPAIRS AND MAINTENANCE
total $695 · management and general $695
-
24e · All other expenses
total $368 · program services $83 · management and general $118 · fundraising $167
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $41,571 · end of year $45,412
-
2 · Savings and temporary cash investments
beginning of year $1,284,757 · end of year $538,207
-
3 · Pledges and grants receivable
beginning of year $25,000 · end of year $10,000
-
4 · Accounts receivable
beginning of year $9,549 · end of year $5,374
-
8 · Inventories for sale or use
beginning of year $2,980 · end of year $4,918
-
9 · Prepaid expenses and deferred charges
end of year $7,513
-
10a · Land, buildings and equipment: cost or other basis
$118,049
-
10b · Land, buildings and equipment: accumulated depreciation
$12,537
-
10c · Land, buildings and equipment, net
beginning of year $102,268 · end of year $105,512
-
11 · Investments: publicly traded securities
beginning of year $7,409,475 · end of year $9,134,068
-
15 · Other assets
beginning of year $1,144,480 · end of year $1,206,105
-
17 · Accounts payable and accrued expenses
beginning of year $24,418 · end of year $19,860
-
19 · Deferred revenue
beginning of year $149,018 · end of year $145,620
-
25 · Other liabilities
end of year $6,825
-
27 · Net assets without donor restrictions
beginning of year $2,792,829 · end of year $3,160,397
-
28 · Net assets with donor restrictions
beginning of year $7,053,815 · end of year $7,724,407
Mission and programs · 2022
Mission
LAUDHOLM TRUST IS DEDICATED TO ADVANCING THE COASTAL RESEARCH, EDUCATION, AND STEWARDSHIP PROGRAMS OF THE WELLS RESERVE AND TO PRESERVING ITS HISTORIC BUILDINGS. LAUDHOLM TRUST STRIVES TO EXTEND ITS UNIQUE LEGACY BY GALVANIZING COMMUNITY SUPPORT AND INSPIRING ACTIONS THAT PROTECT MAINE'S COASTAL ENVIRONMENT.
-
THE TRUST OPERATES TO SUPPORT THE COASTAL RESEARCH, EDUCATION, AND STEWARDSHIP PROGRAMS OF THE WELLS NATIONAL ESTUARINE RESEARCH RESERVE AND THE PRESERVATION AND MAINTENANCE OF ITS HISTORIC LAUDHOLM FARM CAMPUS. PROGRAM SERVICES PROFERRED BY THE TRUST INCLUDE CASH CONTRIBUTIONS MADE TO OR ON BEHALF OF THE WELLS NATIONAL ESTUARINE RESEARCH RESERVE, AS WELL AS DONATED STAFF AND VOLUNTEER TIME.
Expenses $666,469 · Grants $520,505
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Nicholas CharovNICHOLAS CHAROV
PRESIDENT
- Total calculated
- $121,698
- From this org
- $97,349
- From related orgs
- $0
- Other
- $24,349
- Hours/week
- 40
-
Hal MullerHAL MULLER
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Bruce BjorkBRUCE BJORK
VICE CHAIR &
- Total calculated
- $0
- Hours/week
- 2
-
Penny SpauldingPENNY SPAULDING
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Mark BalfantzMARK BALFANTZ
CLERK & COUN
- Total calculated
- $0
- Hours/week
- 2
-
David ForestDAVID FOREST
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
John CarpenterJOHN CARPENTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Beth GearyBETH GEARY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Stephen GiannettiSTEPHEN GIANNETTI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Denise LarocheDENISE LAROCHE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Jen LavinJEN LAVIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Margo SmithMARGO SMITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Sue RiouxSUE RIOUX
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
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
-
WELLS NATIONAL ESTUARINE RESEARCH R
$520,505
SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 1 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411229349302316
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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