Civic Intelligence

The Kennebec Land Trust

990 • Fiscal year 2016 • EIN 01-0440729

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 10, 2017

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

40th percentile

0.10x

Higher debt load relative to assets than 40% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

78th percentile

0.85x

Higher debt load relative to revenue than 78% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

93rd percentile

55%

Higher net margin than 93% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

27th percentile

$66,977

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

82nd percentile

17%

Faster asset growth than 82% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

16th percentile

-18%

Faster revenue growth than 16% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$5,970,602

Up $870,550 (+17%) from 2015

Net Assets

Up

$5,378,263

Up $369,973 (+7.4%) from 2015

Liabilities

Up

$592,339

Up $500,577 (+546%) from 2015

Revenue

Down

$694,396

Down $154,405 (-18%) from 2015

Expenses

Down

$310,129

Down $16,841 (-5.2%) from 2015

Net Income

Down

$384,267

Down $137,564 (-26%) from 2015

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

2016

Assets$5,970,602
Liabilities$592,339
Net Assets$5,378,263

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

2016

Revenue$694,396
Expenses$310,129
Net Income$384,267
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 10, 2017
Return Version
2015v3.0
Gross Receipts
$868,034
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 5250 acres on 64 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 66 land stewards, commit over 3,517 hours of time annually to support klt's stewardship,education, administration, and governance. Klt has constructed 40 miles of trails on klt land. Klt has had 23 volunteer interns from 18 colleges and universit

The kennebec land trust works cooperatively with landowners and communities to conserve the forests, shorelands, fields, and wildlife that define central maine.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,288,962$5,260,825▲ $971,863
Loans From Officers Directors$91,895$586,522▲ $494,627
Investments in Publicly Traded Securities$440,252$439,678▼ $574
Savings and Temporary Cash Investments$267,072$252,462▼ $14,610
Prepaid Expenses and Deferred Charges$100,000--
Cash and Non-Interest-Bearing Accounts$3,737$17,609▲ $13,872
Total Assets$5,100,052$5,970,602▲ $870,550
Other Assets Total$29$28▼ $1
Liabilities
Accounts Payable and Accrued Expenses$49$5,817▲ $5,768
Other Liabilities$-182--
Total Liabilities$91,762$592,339▲ $500,577
Net Assets / Fund Balance
Unrestricted Net Assets$4,338,625$4,882,894▲ $544,269
Temporarily Rstr Net Assets$620,073$405,652▼ $214,421
Permanently Rstr Net Assets$49,592$89,717▲ $40,125
Total Net Assets Fund Balance$5,008,290$5,378,263▲ $369,973
Total Liabilities and Net Assets / Fund Balance$5,100,052$5,970,602▲ $870,550

Asset Categories

AssetBook ValueDepreciationBasis
Land$5,116,004-$5,116,004
Buildings$139,901$18,939$158,840
Equipment$3,597$9,429$13,026
Other Land Buildings$1,323$233$1,556

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$51,727$40,125▼ $129$1,000$90,723
2015$47,507$4,845▲ $434$1,059$51,727
2014$28,665$16,100▲ $3,317$575$47,507
2013$2,000$26,647▲ $18-$28,665
2012-$2,000--$2,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Theresa KerchnerExecutive DiFT$66,305$672$66,977

Board Members and Trustees

NameTitle
Mary DenisonPresident
Bob MarvinneyDirector
Brian KentDirector
Deb SewallDirector
Howard LakeDirector
Jed DavisDirector
Joseph StevensonDirector
Kim VandermeulenDirector
Martha NielsenDirector
Mike SeitzingerDirector
Norm RodrigueDirector
Scott LongfellowDirector
Stan EllerDirector
Sue BellDirector
Bob Mohlar1st Vice Pre
Jean Scudder2nd Vice Pre
Patrice PutnamSecretary
Amy TrunnellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$680,212
Program Service Revenue
$3,702
Investment Income
$5,399
Other Revenue
$5,083
All Other Contributions
$587,456
Change in Net Assets
$384,267

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 Traded6$165,463Median Stock Value
Real Estate Other1$22,000Appraised Value
Total Noncash Contributions7$187,463-

Audited Revenue Reconciliation

Revenue per Audited Statements
$694,396
Revenue Not Reported on Form 990
$32,761
Total Revenue per Audited Statements
$727,157
Total Revenue per Form 990
$694,396
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$162,714
Other Expenses$147,415
Total Fundraising Expense$42,475
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$57,330$9,413$13,738$80,481
Current Officers, Directors, Trustees, and Key Employees$35,126$22,261$9,833$67,220
Interest$12,372$619$546$13,537
Office Expenses$8,826$2,499$2,205$13,530
Payroll Taxes$7,616$2,574$1,939$12,129
Other Expenses$9,775-$11,050$9,775
Occupancy$4,723$1,336$1,180$7,239
Insurance$5,547$1,247$306$7,100
Depreciation Depletion$655$5,520-$6,175
Information Technology$3,226$913$806$4,945
Fees for Service Investment Mgmnt Fees-$3,232-$3,232
Pension Plan Contributions$1,799$625$460$2,884
Conferences and Meetings$1,648$466$412$2,526
Fees for Services Accounting-$2,512-$2,512
All Other Expenses$500$1,435-$1,935
Advertising-$60-$60
Fees for Services Legal-$35-$35
Total Functional Expenses$212,907$54,747$42,475$310,129

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$345,184
Expenses per Audited Statements$310,129
Total Expenses per Form 990$310,129
Expenses Not Reported on Form 990$35,055
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
-ContributorInt on Note PayableNo$10,183
-Brd MemPrin/int on MortgageNo$8,727

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$91,895$586,522▲ $494,627
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
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 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. At donor request, donor names and addresses have been redacted from the copy of the form 990 made available to the full board. 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 and staff 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 or staff member has a conflict, that person/s will leave the room during discussion and, if a board member, will 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.

Form 990, Part VIII

Line 7a, b and c - public securities sold

Filing and Contact Details

Filer

Filer Name
The Kennebec Land Trust
EIN
01-0440729
Phone
2073772848
Address
PO BOX 261, WINTHROP, ME 04364
Doing Business As
Kennebec Land Trust

Signing Officer

Name
Amy Trunnell
Title
Treasurer
Phone
2073772848
Signed
2017-01-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Denison
Formed
1988
Legal Domicile
Me
Voting Board Members
18
Independent Board Members
17
Employees
4
Volunteers
100

Preparer

Firm
Amy P Trunnell CPA
Address
200 OLD KENTS HILL RD, READFIELD, ME 04355-4132
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 5250 acres on 64 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 66 land stewards, commit over 3,517 hours of time annually to support klt's stewardship,education, administration, and governance. Klt has constructed 40 miles of trails on klt land. Klt has had 23 volunteer interns from 18 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 thirteen governmental and non- governmental organizations that promotes private and public woodland stewardship and conservation. Inspired by the call for collaborative community conservation, klt and the mfs, established kwp in 2009. In 2012 kwp and three statewide partners (cei, maine coast heritage trust, and growsmart maine) launched local wood works (lww). The nature conservancy and the northern forest center signed on as partners in 2015. The shared mission of the local wood works partners is to advance forest- based local economies and support the long-term conservation and sustainability of maine's woodlands. On november 14, 2014, lww partners hosted maine's first local wood works conference in augusta. Over 120 people from across the northeast gathered to engage, discuss, and learn about local wood economies. The conference featured success stories from businesses that thrive from maine's forests in the logging, processing, fuel, home building, and fine wood working industries; and group discussions with business leaders, policy makers, landowners, and researchers on how best to improve and grow the local wood economy. We use the term "local" in the broad sense (e.g. Maine, new england, the maritimes), and our partners have committed to promote: sustanable forestry; land stewardship; strong and resilient local economies; conservaton of both working woodlands and ecological reserves; reduced energy consumption and transportation costs based on local products; and support for landowners, loggers, processors, manufacturers, and consumers.

Form 990

Klt received an estimated 35,055 of donated services and facilities which are reported in our reviewed financial statements. Donated services and facilities are as follows: consultant for local woodworks (4620); legal services for land acquisitions (16820);general accounting and tax services (8325), printing services (250); and facilities space for annual meeting (5000).

Form 990, Page 1, Part I, Line 6

One hundred dedicated volunteers, including interns and 66 land stewards, committed 3,517 hours of time this fiscal year to support klt's stewardship,education, administration and governance. Donated services and facilities are not included here, but are recorded on the organization's reviewed financial statements. Donated use of a facility for the annual meeting had an estimated fair market value of 5,000 and donated services requiring specialized skills for printing, professional design work, professional consulting, legal services and accounting services had an estimated value of 30,055. The organization benefits from personal services provided by a substantial number of people for which a donated value cannot be calculated.

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

Your woodland: a resource guide for kennebec county landowners, published in february 2012; 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 1,300 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. 14th annual march lecture series - lyceum - celebrating history, arts and ecology programs; klt annual meeting celebration including hikes, paddles and cookout; annual stewardship workshop for our 66 volunteer stewards. On november 14, 2014, lww partners hosted maine's first local wood works conference in augusta. Http://www.tklt.org/lwwhome over 120 people across the northeast gathered to engage, discuss, and learn about local wood economies. The conference featured success stories from businesses utilizing maine's forests for logging, processing, fuel, home building, and fine wood working, with group discussions between business leaders, policy-makers, landowners, and researchers on how to improve and grow the local wood economy.

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

Klt 337,500 of state of maine bond money. On october 25, 2016, lmfb voted arbitrarily to reduce klt's award from 337,500 to 163,500. Despite this challenge, we remain committed to the project. Howard hill is a unique landmark of statewide significance that serves as the forested backdrop to the maine state house. Conserving this property protects wildlife habitat and water quality, offers opportunities to build trails that link augusta and hallowell neighborhoods and the kennebec river rail trail, and will be a demonstration site for sustainable forestry. Our most recent fee acquistions are the 72-acre of lachmayr addition to the now 950-acre mount pisgah conservation area, the 164-acre howard hill property in augusta, and the 10-acre william granville besse addition to the besse historic conservation area in wayne. The lachmayr parcel could provide a key link for a recreational corridor between winthrop high school and the mount pisgah conservation area. The city of augusta, klt, and our community partners are holding community meetings that will inform future uses of the augusta howard hill property. Public uses include trails and forestry and outdoor education programs and hunting. This landmark property will forever benefit current and future generations of maine. The 10-acre william granville besse addition to the besse historic conservation area when combined with the previous klt donation from albion besse, creates a contiguous 65-acre conservation area. This land features mature mixed woodlands, wetlands, and nearly fifteen hundred feet along an intermittent stream. The besse family first settled on this land in 1788.

Form 990, Part XI, Line 9

Correction to land valuation -12,000 total -12,000

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 are included in temporariy restricted assets and can be used to support the mission of the organization.

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IRS990/Desc0EDUCATION - PUBLICATIONS INCLUDE: KLT NEWS: BIANNUAL NEWSLETTERS FEATURING NEW CONSERVATION PROPERTIES AND AN ANNUAL CALENDAR OF EVENTS; BUILDING MAINE'S LOCAL WOOD ECONOMY, TOGETHER WITH CONSERVATION, DRAFT LOCAL WOOD WORKS WHITE PAPER, MAY, 2016 TAKE A HIKE: THE KENNEBEC LAND TRUST HIKING GUIDE, PUBLISHED IN 2014, A FIELD GUIDE TO TWENTY OF KLT'S POPULAR TRAILS; SAVE HOWARD HILL-SCENIC BACKDROP TO MAINE'S STATE HOUSE, PUBLISHED IN 2014 - TEXT, MAPS, HISTORIC AND CONTEMPORARY PHOTOGRAPHS FOCUSED ON CONSERVING HOWARD HILL, THE 164 ACRE SCENIC BACKDROP TO MAINE'S STATE HOUSE; YOUR WOODLAND: A RESOURCE GUIDE FOR KENNEBEC COUNTY LANDOWNERS, PUBLISHED IN FEBRUARY 2012; 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 1,300 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. 14TH ANNUAL MARCH LECTURE SERIES - LYCEUM - CELEBRATING HISTORY, ARTS AND ECOLOGY PROGRAMS; KLT ANNUAL MEETING CELEBRATION INCLUDING HIKES, PADDLES AND COOKOUT; ANNUAL STEWARDSHIP WORKSHOP FOR OUR 66 VOLUNTEER STEWARDS. ON NOVEMBER 14, 2014, LWW PARTNERS HOSTED MAINE'S FIRST LOCAL WOOD WORKS CONFERENCE IN AUGUSTA. HTTP://WWW.TKLT.ORG/LWWHOME OVER 120 PEOPLE ACROSS THE NORTHEAST GATHERED TO ENGAGE, DISCUSS, AND LEARN ABOUT LOCAL WOOD ECONOMIES. THE CONFERENCE FEATURED SUCCESS STORIES FROM BUSINESSES UTILIZING MAINE'S FORESTS FOR LOGGING, PROCESSING, FUEL, HOME BUILDING, AND FINE WOOD WORKING, WITH GROUP DISCUSSIONS BETWEEN BUSINESS LEADERS, POLICY-MAKERS, LANDOWNERS, AND RESEARCHERS ON HOW TO IMPROVE AND GROW THE LOCAL WOOD ECONOMY.
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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 5250 ACRES ON 64 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 66 LAND STEWARDS, COMMIT OVER 3,517 HOURS OF TIME ANNUALLY TO SUPPORT KLT'S STEWARDSHIP,EDUCATION, ADMINISTRATION, AND GOVERNANCE. KLT HAS CONSTRUCTED 40 MILES OF TRAILS ON KLT LAND. KLT HAS HAD 23 VOLUNTEER INTERNS FROM 18 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 66 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 5,250 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. IN OCTOBER, 2015, IN COLLABORATION WITH THE CITY OF AUGUSTA, KLT PERMANENTLY CONSERVED HOWARD HILL, ONE OF THE LARGEST OPEN SPACES IN AUGUSTA. IN OCTOBER,2015 THE LAND FOR MAINES'S FUTURE BOARD(LMFB) AWARDED KLT 337,500 OF STATE OF MAINE BOND MONEY. ON OCTOBER 25, 2016, LMFB VOTED ARBITRARILY TO REDUCE KLT'S AWARD FROM 337,500 TO 163,500. DESPITE THIS CHALLENGE, WE REMAIN COMMITTED TO THE PROJECT. HOWARD HILL IS A UNIQUE LANDMARK OF STATEWIDE SIGNIFICANCE THAT SERVES AS THE FORESTED BACKDROP TO THE MAINE STATE HOUSE. CONSERVING THIS PROPERTY PROTECTS WILDLIFE HABITAT AND WATER QUALITY, OFFERS OPPORTUNITIES TO BUILD TRAILS THAT LINK AUGUSTA AND HALLOWELL NEIGHBORHOODS AND THE KENNEBEC RIVER RAIL TRAIL, AND WILL BE A DEMONSTRATION SITE FOR SUSTAINABLE FORESTRY. OUR MOST RECENT FEE ACQUISTIONS ARE THE 72-ACRE OF LACHMAYR ADDITION TO THE NOW 950-ACRE MOUNT PISGAH CONSERVATION AREA, THE 164-ACRE HOWARD HILL PROPERTY IN AUGUSTA, AND THE 10-ACRE WILLIAM GRANVILLE BESSE ADDITION TO THE BESSE HISTORIC CONSERVATION AREA IN WAYNE. THE LACHMAYR PARCEL COULD PROVIDE A KEY LINK FOR A RECREATIONAL CORRIDOR BETWEEN WINTHROP HIGH SCHOOL AND THE MOUNT PISGAH CONSERVATION AREA. THE CITY OF AUGUSTA, KLT, AND OUR COMMUNITY PARTNERS ARE HOLDING COMMUNITY MEETINGS THAT WILL INFORM FUTURE USES OF THE AUGUSTA HOWARD HILL PROPERTY. PUBLIC USES INCLUDE TRAILS AND FORESTRY AND OUTDOOR EDUCATION PROGRAMS AND HUNTING. THIS LANDMARK PROPERTY WILL FOREVER BENEFIT CURRENT AND FUTURE GENERATIONS OF MAINE. THE 10-ACRE WILLIAM GRANVILLE BESSE ADDITION TO THE BESSE HISTORIC CONSERVATION AREA WHEN COMBINED WITH THE PREVIOUS KLT DONATION FROM ALBION BESSE, CREATES A CONTIGUOUS 65-ACRE CONSERVATION AREA. THIS LAND FEATURES MATURE MIXED WOODLANDS, WETLANDS, AND NEARLY FIFTEEN HUNDRED FEET ALONG AN INTERMITTENT STREAM. THE BESSE FAMILY FIRST SETTLED ON THIS LAND IN 1788.
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IRS990/RevenueAmt03702

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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