Civic Intelligence

The Kennebec Land Trust

990 • Fiscal year 2014 • EIN 01-0440729

Jul 01, 2013 to Jun 30, 2014 • Filed on Jan 28, 2015

PO Box 261Winthrop, ME 04364

(207) 377-2848

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

30th percentile

0.02x

Higher debt load relative to assets than 30% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

68th percentile

0.29x

Higher debt load relative to revenue than 68% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

33rd percentile

-2.3%

Higher net margin than 33% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

49th percentile

$60,367

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 17.2% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

53rd percentile

2.8%

Faster asset growth than 53% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

12th percentile

-22%

Faster revenue growth than 12% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$4,668,486

Up $126,544 (+2.8%) from 2013

Net Assets

Up

$4,567,496

Up $25,554 (+0.6%) from 2013

Liabilities

Up

$100,990

Up $100,990 from 2013

Revenue

Down

$350,293

Down $101,365 (-22%) from 2013

Expenses

Up

$358,176

Up $132,834 (+59%) from 2013

Net Income

Down

-$7,883

Down $234,199 (-103%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $4,231,921Liabilities 2011: $0Net Assets 2011: $4,231,9212011Assets 2012: $4,290,862Liabilities 2012: $0Net Assets 2012: $4,290,8622012Assets 2013: $4,541,942Liabilities 2013: $0Net Assets 2013: $4,541,9422013Assets 2014: $4,668,486Liabilities 2014: $100,990Net Assets 2014: $4,567,4962014Assets 2015: $5,100,052Liabilities 2015: $91,762Net Assets 2015: $5,008,2902015Assets 2016: $5,970,602Liabilities 2016: $592,339Net Assets 2016: $5,378,2632016Assets 2017: $5,617,048Liabilities 2017: $60,093Net Assets 2017: $5,556,9552017Assets 2018: $6,463,240Liabilities 2018: $39,427Net Assets 2018: $6,423,8132018Assets 2019: $6,867,894Liabilities 2019: $86,458Net Assets 2019: $6,781,4362019Assets 2020: $7,407,416Liabilities 2020: $51,645Net Assets 2020: $7,355,7712020Assets 2021: $7,749,269Liabilities 2021: $1,678Net Assets 2021: $7,747,5912021Assets 2022: $8,051,480Liabilities 2022: $14,093Net Assets 2022: $8,037,3872022Assets 2023: $8,640,392Liabilities 2023: $4,295Net Assets 2023: $8,636,0972023Assets 2024: $9,056,435Liabilities 2024: $6,398Net Assets 2024: $9,050,0372024Assets 2025: $10,264,489Liabilities 2025: $9,440Net Assets 2025: $10,255,0492025

Highlighted filing

2014

Assets$4,668,486
Liabilities$100,990
Net Assets$4,567,496

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $159,5512011Expenses 2012: $621,6002012Revenue 2013: $451,658Expenses 2013: $225,342Net Income 2013: $226,3162013Revenue 2014: $350,293Expenses 2014: $358,176Net Income 2014: -$7,8832014Revenue 2015: $848,801Expenses 2015: $326,970Net Income 2015: $521,8312015Revenue 2016: $694,396Expenses 2016: $310,129Net Income 2016: $384,2672016Revenue 2017: $1,489,928Expenses 2017: $1,345,548Net Income 2017: $144,3802017Revenue 2018: $1,221,016Expenses 2018: $370,755Net Income 2018: $850,2612018Revenue 2019: $737,258Expenses 2019: $386,060Net Income 2019: $351,1982019Revenue 2020: $958,040Expenses 2020: $399,020Net Income 2020: $559,0202020Revenue 2021: $574,661Expenses 2021: $442,163Net Income 2021: $132,4982021Revenue 2022: $1,042,594Expenses 2022: $477,749Net Income 2022: $564,8452022Revenue 2023: $989,014Expenses 2023: $449,993Net Income 2023: $539,0212023Revenue 2024: $849,598Expenses 2024: $535,671Net Income 2024: $313,9272024Revenue 2025: $1,693,510Expenses 2025: $563,537Net Income 2025: $1,129,9732025

Highlighted filing

2014

Revenue$350,293
Expenses$358,176
Net Income-$7,883
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Jan 28, 2015
Return Version
2013v4.0
Gross Receipts
$456,285
Mission and Program Overview

Mission

The kennebec land trust works cooperatively with landowners and communities to conserve the forests, shorelands, fields, and wildlife that define central maine. Klt protects land permanently, offers opportunities for people to learn about and enjoy the natural world, and works with partners to support sustainable forestry and farming. Established in 1988, klt works in 21 communities to protect 4861 acres on 60 properties through land donations, purchases, and conservation easements. Klt organizes hikes, paddles, and an annual march lecture (lyceum) series, and outdoor photography and painting workshops that encourage residents and visitors to learn about and enjoy kennebec county's natural landscape. One hundred dedicated volunteers, including 70 land stewards, commit over 4,300 hours of time annually to support klt's stewardship,education, administration, and governance. Klt has constructed 37 miles of trails on klt land. Klt has had 19 volunteer interns from 15 colleges and universit

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,052,882$4,179,568▲ $126,686
Investments in Publicly Traded Securities$382,897$370,596▼ $12,301
Loans From Officers Directors-$97,069-
Savings and Temporary Cash Investments$98,225$91,152▼ $7,073
Prepaid Expenses and Deferred Charges-$20,000-
Cash and Non-Interest-Bearing Accounts$7,912$7,143▼ $769
Total Assets$4,541,942$4,668,486▲ $126,544
Other Assets Total$26$27▲ $1
Liabilities
Accounts Payable and Accrued Expenses-$3,921-
Total Liabilities$0$100,990▲ $100,990
Net Assets / Fund Balance
Permanently Rstr Net Assets$4,133,766$4,132,678▼ $1,088
Temporarily Rstr Net Assets$284,327$307,176▲ $22,849
Unrestricted Net Assets$123,849$127,642▲ $3,793
Total Net Assets Fund Balance$4,541,942$4,567,496▲ $25,554
Total Liabilities and Net Assets / Fund Balance$4,541,942$4,668,486▲ $126,544

Asset Categories

AssetBook ValueDepreciationBasis
Land$4,046,521-$4,046,521
Buildings$122,823$10,277$133,100
Equipment$4,496$6,623$11,119
Leasehold Improvements$5,728$172$5,900

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$28,665$16,100▲ $3,317$575$47,507
2012$2,000$26,647▲ $18-$28,665
2011-$2,000--$2,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Theresa KerchnerExecutive DiFT$53,588$6,779$60,367

Board Members and Trustees

NameTitle
Brian KentPresident
Bob MarvinneyDirector
Cheryl HarringtonDirector
Deb SewallDirector
Howard LakeDirector
Jean ScudderDirector
Joseph StevensonDirector
Lisa KaneDirector
Mike SeitzingerDirector
Norm RodrigueDirector
Patrice PutnamDirector
Scott LongfellowDirector
Stan EllerDirector
Sue BellDirector
Bob Mohlar1st Vice Pre
Beth Nagusky2nd Vice Pre
Mary DenisonSecretary
Amy TrunnellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$329,558
Program Service Revenue
$1,696
Investment Income
$15,614
Other Revenue
$3,425
All Other Contributions
$232,304
Change in Net Assets
$-7,883

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$5,348Median Stock Value
Qualified Contrib Other1$1Nominal Value
Total Noncash Contributions2$5,349-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Total Fundraising Expense$153,919
Salaries, Compensation, and Employee Benefits$141,868
Other Expenses$116,308
Professional Fundraising Fees$100,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Professional Fundraising--$100,000$100,000
Other Salaries and Wages$35,346$12,501$15,793$63,640
Current Officers, Directors, Trustees, and Key Employees$38,801$7,310$14,682$60,793
Fees for Services Other$20,749-$1,021$21,770
Office Expenses$10,088$2,061$2,862$15,011
Payroll Taxes$6,776$1,850$2,809$11,435
Occupancy$6,258$1,708$2,595$10,561
Insurance$4,395$1,593$290$6,278
Other Employee Benefits$3,499$983$1,518$6,000
Information Technology$2,150$586$891$3,627
Depreciation Depletion$655$2,627-$3,282
Other Expenses$21,543$2,005$11,458$2,005
Conferences and Meetings-$1,774-$1,774
Advertising-$146-$146
Fees for Services Legal-$35-$35
Total Functional Expenses$169,078$35,179$153,919$358,176
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$100,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board MemberMortgage on OfficeNo$97,069

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$97,069-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Lake and denison lake and denison partner partner board members

Form 990, Page 6, Part VI, Line 4

By-law revisions adopted by members at annual meeting in august, 2013. The mission of the trust was clarified to include both land "preservation" and "conservation". Other changes reflect the growth of the organization, and the fact that many duties that used to be performed by the board are now done by staff. Article 10 was clarified to allow members, officers,directors, and family members of members, officers, and directors to be paid by the trust for specific services, but still excludes them from "private gain" from the trust's activities. Future proposed amendments would require two airings: they would be voted on once by the board of directors and again at a meeting of the members with at least one month's prior notification. The revisions also allow for voting by proxy and notification of meetings by electronic mail. A copy of the adopted by-laws are attached to the federal tax filing. A copy of the adopted by-laws are available upon request.

Form 990, Page 6, Part VI, Line 6

Klt is a membership organization.

Form 990, Page 6, Part VI, Line 7A

Members present at the annual meeting elect the slate of officers and members of the board.

Form 990, Page 6, Part VI, Line 7B

Members approve the slate of officers, elect members to the board, and vote on any changes to the by-laws at the annual meeting in august.

Form 990, Page 6, Part VI, Line 11B

Form 990 is presented by the treasurer to the finance committee for review prior to submission. The full board receives a copy of the form 990 within 30 days of its submission. Consistent with the requirements of sec. 6104 (d) of the irc and regulations thereunder, copies of the form 990 are available upon request and a copy is posted on the website.

Form 990, Page 6, Part VI, Line 12C

Annually, board members are required to sign a statement indicating that they are abiding by the conflict of interest policy. When matters arise in the board meetings for which a board member has a conflict, that board member will leave the room during discussion and recuse themselves from the vote.

Form 990, Page 6, Part VI, Line 15A

Annually, the executive committee meets to review compensation and benefits for executive director. Comparable data is reviewed from other land trust sources and proposed compensation and benefits are presented to the full board within the budget. The compensation and benefits are adopted at the june meeting as part of the budget adoption process.

Form 990, Page 6, Part VI, Line 15B

Annually, the executive committee meets to review compensation and benefits for key personnel. Comparable data is reviewed from other land trust sources and proposed compensation and benefits are presented to the full board within the budget. The compensation and benefits are adopted at the june meeting as part of the budget adoption process.

Form 990, Page 6, Part VI, Line 19

All governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

EIN
01-0440729
Phone
2073772848

Signing Officer

Name
Amy Trunnell
Title
Treasurer
Phone
2073772848
Signed
2015-01-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Trunnell
Formed
1988
Legal Domicile
Me
Voting Board Members
18
Independent Board Members
18
Employees
5
Volunteers
100

Preparer

Preparer
Amy P Trunnell
Phone
2076859202
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The kennebec land trust works cooperatively with landowners and communities to conserve the forests, shorelands, fields, and wildlife that define central maine. Klt protects land permanently, offers opportunities for people to learn about and enjoy the natural world, and works with partners to support sustainable forestry and farming. Established in 1988, klt works in 21 communities to protect 4861 acres on 60 properties through land donations, purchases, and conservation easements. Klt organizes hikes, paddles, and an annual march lecture (lyceum) series, and outdoor photography and painting workshops that encourage residents and visitors to learn about and enjoy kennebec county's natural landscape. One hundred dedicated volunteers, including 70 land stewards, commit over 4,300 hours of time annually to support klt's stewardship,education, administration, and governance. Klt has constructed 37 miles of trails on klt land. Klt has had 19 volunteer interns from 15 colleges and universities since 2005, helping to develop the next generation of conservation leadership. Klt is also the founding member of kennebec woodland partnership (kwp), a regional conservation initiative with 13 governmental and non-governmental organizations that promotes private and public woodland stewardship and conservation. In 2012 klt, kwp and three statewide partners launched the local wood works initiative: a project that promotes regionally and sustainably harvested wood and wood products.

Form 990, Page 1, Part I, Line 6

One hundred dedicated volunteers, including interns and 70 land stewards, committed 4303 hours of time this fiscal year to support klt's stewardship, education, administration and governance.

Form 990, Page 2, Part III, Line 4A

Between person and place: conservation histories from the kennebec land trust, published in 2010, includes essays and photographs highlighting the stories behind klt's conservation lands; adventure, discover, explore: a family guide to klt properties, published in 2008, includes activities for children and parents. Programming includes: annual hikes, paddles, bird walks and outdoor photography and painting workshops; since 2009, over 1,100 central maine students, parents, and teachers have learned about sustainable forestry at the kennebec land trust's annual educational program at the 360-acre curtis homestead conservation area in leeds, me. March lecture series - lyceum - celebrating history, arts and ecology programs; klt annual meeting celebration including hikes, paddles and cookout; annual stewardship workshop for our 70 volunteer stewards.

Form 990, Page 2, Part III, Line 4B

Will inform and guide klt's land acquisition and conservation easement priorities for the future. Klt is a lead partner and the fiscal agent for both the kennebec woodland partnership (kwp) and the local wood works initiative: two successful regional conservation initiatives focused on the long-term sustainability of kennebec county's woodlands and a landscape-level approach to conservation.

Form 990, Page 2, Part III, Line 4C

Conservation area conservation easement. For several years, klt has been working to acquire, and in collaboration with the city of augusta, permanently conserve howard hill, one of the largest open spaces in augusta. Howard hill is a unique maine landmark of statewide significance, 164 acres that serves as the forested backdrop to the maine state house. Conserving this property will protect wildlife habitat and water quality, offer opportunities to build trails that link augusta and hallowell neighborhoods and the kennebec river rail trail, and be a demonstration site for sustainable forestry.

Financial Statement Notes

Schedule D, Page 1, Part II, Line 9

Conservations easements purchased or donated are recorded as assets on the statement of assets, liabilities, and net assets-modified cash basis at the value of 1 each in order to keep track of the number of easements held by klt. All easements acquired by purchase are expensed as easement acquisitions in the statement of revenues, expenses and changes in net assets-modified cash basis. In addition, costs incurred in obtaining the easements are expensed. A nominal book value of 1 is assigned to each conservation easement due to the lack of foreseeable future cash flow benefits and an absence of a secondary easement market.

Schedule D, Page 2, Part V, Line 4

Earnings from the permanent endowment will support the mission of the organization.

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IRS990/ActivityOrMissionDesc0THE KENNEBEC LAND TRUST WORKS COOPERATIVELY WITH LANDOWNERS AND COMMUNITIES TO CONSERVE THE FORESTS, SHORELANDS, FIELDS, AND WILDLIFE THAT DEFINE CENTRAL MAINE. KLT PROTECTS LAND PERMANENTLY, OFFERS OPPORTUNITIES FOR PEOPLE TO LEARN ABOUT AND ENJOY THE NATURAL WORLD, AND WORKS WITH PARTNERS TO SUPPORT SUSTAINABLE FORESTRY AND FARMING. ESTABLISHED IN 1988, KLT WORKS IN 21 COMMUNITIES TO PROTECT 4861 ACRES ON 60 PROPERTIES THROUGH LAND DONATIONS, PURCHASES, AND CONSERVATION EASEMENTS. KLT ORGANIZES HIKES, PADDLES, AND AN ANNUAL MARCH LECTURE (LYCEUM) SERIES, AND OUTDOOR PHOTOGRAPHY AND PAINTING WORKSHOPS THAT ENCOURAGE RESIDENTS AND VISITORS TO LEARN ABOUT AND ENJOY KENNEBEC COUNTY'S NATURAL LANDSCAPE. ONE HUNDRED DEDICATED VOLUNTEERS, INCLUDING 70 LAND STEWARDS, COMMIT OVER 4,300 HOURS OF TIME ANNUALLY TO SUPPORT KLT'S STEWARDSHIP,EDUCATION, ADMINISTRATION, AND GOVERNANCE. KLT HAS CONSTRUCTED 37 MILES OF TRAILS ON KLT LAND. KLT HAS HAD 19 VOLUNTEER INTERNS FROM 15 COLLEGES AND UNIVERSIT
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IRS990/MissionDesc0THE KENNEBEC LAND TRUST WORKS COOPERATIVELY WITH LANDOWNERS AND COMMUNITIES TO CONSERVE THE FORESTS, SHORELANDS, FIELDS, AND WILDLIFE THAT DEFINE CENTRAL MAINE. KLT PROTECTS LAND PERMANENTLY, OFFERS OPPORTUNITIES FOR PEOPLE TO LEARN ABOUT AND ENJOY THE NATURAL WORLD, AND WORKS WITH PARTNERS TO SUPPORT SUSTAINABLE FORESTRY AND FARMING. ESTABLISHED IN 1988, KLT WORKS IN 21 COMMUNITIES TO PROTECT 4861 ACRES ON 60 PROPERTIES THROUGH LAND DONATIONS, PURCHASES, AND CONSERVATION EASEMENTS. KLT ORGANIZES HIKES, PADDLES, AND AN ANNUAL MARCH LECTURE (LYCEUM) SERIES, AND OUTDOOR PHOTOGRAPHY AND PAINTING WORKSHOPS THAT ENCOURAGE RESIDENTS AND VISITORS TO LEARN ABOUT AND ENJOY KENNEBEC COUNTY'S NATURAL LANDSCAPE. ONE HUNDRED DEDICATED VOLUNTEERS, INCLUDING 70 LAND STEWARDS, COMMIT OVER 4,300 HOURS OF TIME ANNUALLY TO SUPPORT KLT'S STEWARDSHIP,EDUCATION, ADMINISTRATION, AND GOVERNANCE. KLT HAS CONSTRUCTED 37 MILES OF TRAILS ON KLT LAND. KLT HAS HAD 19 VOLUNTEER INTERNS FROM 15 COLLEGES AND UNIVERSIT
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IRS990/ProgSrvcAccomActy2Grp/Desc0STEWARDSHIP - KLT STAFF AND BOARD MEMBERS OVERSEE THE MANAGEMENT OF KLT'S FEE LANDS, MONITOR CONSERVATION EASEMENTS AND WORK WITH 70 VOLUNTEER STEWARDS. KLT'S STEWARDS COLLECTIVELY VOLUNTEER OVER 1000 HOURS EACH YEAR FOR TRAIL MAINTENANCE, MONITORING, AND PUBLIC ACCESS PROJECTS. CONSERVATION PARCELS THAT ARE ESPECIALLY LARGE IN ACREAGE, OR HAVE UNIQUE OR COMPLEX MANAGEMENT NEEDS, HAVE MORE THAN ONE VOLUNTEER STEWARD. KLT'S BOARD OF DIRECTORS HAS DEVELOPED A STRATEGIC CONSERVATION PLAN THAT FOCUSES ON TEN PRIORITY CONSERVATION VALUES. KLT'S STRATEGIC CONSERVATION PLAN WAS DEVELOPED WITH GIS BASE NATURAL RESOURCE INFORMATION, AND WITH INFORMATION FROM COMMUNITY OPEN SPACE AND COMPREHENSIVE PLANS. THIS PLAN WILL INFORM AND GUIDE KLT'S LAND ACQUISITION AND CONSERVATION EASEMENT PRIORITIES FOR THE FUTURE. KLT IS A LEAD PARTNER AND THE FISCAL AGENT FOR BOTH THE KENNEBEC WOODLAND PARTNERSHIP (KWP) AND THE LOCAL WOOD WORKS INITIATIVE: TWO SUCCESSFUL REGIONAL CONSERVATION INITIATIVES FOCUSED ON THE LONG-TERM SUSTAINABILITY OF KENNEBEC COUNTY'S WOODLANDS AND A LANDSCAPE-LEVEL APPROACH TO CONSERVATION.
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IRS990/ProgSrvcAccomActy3Grp/Desc0LAND PROTECTION - SINCE 1988, KLT HAS WORKED COOPERATIVELY WITH LANDOWNERS AND COMMUNITIES TO CONSERVE OUR REGION'S NATURAL ASSETS. KLT HAS CONSERVED 4,861 ACRES WITH 15 MILES OF SHORELINE IN A SERVICE AREA THAT COVERS 412,000 ACRES AND 21 TOWNS PRIMARILY IN KENNEBEC COUNTY, BUT ALSO ANDROSCOGGIN AND FRANKLIN COUNTIES. KLT HOLDS CONSERVATION EASEMENTS ON, ACCEPTS GIFTS OF, AND PURCHASES SIGNIFICANT LANDS TO FURTHER THE MISSION OF THE ORGANIZATION. OUR MOST RECENT CONSERVATION EASEMENT IS THE SAMUEL HUTCHINSON HOMESTEAD CONSERVATION AREA, 142 ACRES OF WOODLAND, WETLANDS, AND FARMLAND IN LITCHFIELD, ME, WHICH IS CONTIGUOUS WITH KLT'S 250-ACRE SMALL BURNHAM CONSERVATION AREA CONSERVATION EASEMENT. FOR SEVERAL YEARS, KLT HAS BEEN WORKING TO ACQUIRE, AND IN COLLABORATION WITH THE CITY OF AUGUSTA, PERMANENTLY CONSERVE HOWARD HILL, ONE OF THE LARGEST OPEN SPACES IN AUGUSTA. HOWARD HILL IS A UNIQUE MAINE LANDMARK OF STATEWIDE SIGNIFICANCE, 164 ACRES THAT SERVES AS THE FORESTED BACKDROP TO THE MAINE STATE HOUSE. CONSERVING THIS PROPERTY WILL PROTECT WILDLIFE HABITAT AND WATER QUALITY, OFFER OPPORTUNITIES TO BUILD TRAILS THAT LINK AUGUSTA AND HALLOWELL NEIGHBORHOODS AND THE KENNEBEC RIVER RAIL TRAIL, AND BE A DEMONSTRATION SITE FOR SUSTAINABLE FORESTRY.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$10.3$0.01$10.3$1.69$0.56$1.13
2024Detailed filing. Detailed filing data is available for this year.$9.06$0.01$9.05$0.85$0.54$0.31
2023Detailed filing. Detailed filing data is available for this year.$8.64$0.00$8.64$0.99$0.45$0.54
2022Detailed filing. Detailed filing data is available for this year.$8.05$0.01$8.04$1.04$0.48$0.56
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.75$0.00$7.75$0.57$0.44$0.13
2020Detailed filing. Detailed filing data is available for this year.$7.41$0.05$7.36$0.96$0.40$0.56
2019Detailed filing. Detailed filing data is available for this year.$6.87$0.09$6.78$0.74$0.39$0.35
2018Detailed filing. Detailed filing data is available for this year.$6.46$0.04$6.42$1.22$0.37$0.85
2017Detailed filing. Detailed filing data is available for this year.$5.62$0.06$5.56$1.49$1.35$0.14
2016Detailed filing. Detailed filing data is available for this year.$5.97$0.59$5.38$0.69$0.31$0.38
2015Summary only. Only limited summary data is available for this year.$5.10$0.09$5.01$0.85$0.33$0.52
2014Detailed filing. Detailed filing data is available for this year.$4.67$0.10$4.57$0.35$0.36$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.54$0.00$4.54$0.45$0.23$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.29$0.00$4.29$0.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.23$0.00$4.23$0.16