Maine Farmland Trust

“Individuals paying the minimum annual membership dues.”

“Members vote at the annual meeting to elect the board of directors.”

“Form 990 is provided to the treasurer by the paid preparer. The treasurer reviews and makes a recommendation and passes the 990 with his recommendation to all the directors. The directors are to respond within 4 days. If any response not to file is presented, the paid preparer will be asked to file an extension if necessary, otherwise the 990 will be filed as presented.”

“Annually, each director, employee, intern, regular volunteer, and committee member shall sign an acknowledgement of the conflict of interest policy affirming that such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy,and d. Understands that mft is a charitable tax exempt organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes, and avoid private inurement, impermissible private benefit.”

“When a new president is hired, compensation shall be set by the board of directors following a review of compensation levels at other maine non- profit organizations with comparable budgets and programs. This review shall serve as guidance to the board, but not the only determinant of compensation level. Future adjustments in compensation may be made by the board as it sees fit. Normally, this will occur through the annual budget process. The board may consider increases in compensation as cost of living adjustments, as the result of organizational growth, and/or to reward exceptional job performance. The board may also consider decreases in compensation, depending on the fiscal health of the organization and/or job performance. Before making any compensation adjustment in excess of 5% (up or down), the board shall once again review compensation levels at other maine non-profit organizations to guide its decision.”

“All other staff are hired by the president. When a new employee is hired, compensation is set by the president based on several factors, including (but not necessarily limited to): the new employee's skills and experience; equity with other mft staff doing similar work; and a review of compensation levels for similar jobs at other maine non-profit organizations. Future adjustments in compensation may be made by president, normally following an annual performance review as part of the annual budget process. The president may consider increases in compensation as cost of living adjustments, as the result of changes in job description, and/or to reward exceptional job performance. In extraordinary circumstances, the president may also consider decreases in compensation.”

“Maine farmland trust's books and records are available for inspection by the public upon written notice at least 5 business days before the date of inspection.”

“The amounts in part vii, column (d) for amy fisher and kristin varnum are zero due to the short-year period. There is no 'reportable compensation' because no w-2 form was issued during the 9 months ended september 30, 2023.”

“Supplement to schedule r, part iv: the amounts in columns (f) and (g) are blank because of the short-year period. The subsidiaries' tax year ends in december, thus there is no tax year ending within the 9 months ended september 30, 2023.”

“Farmland access collaborated with external partners to address systemic and individual farmland access and transfer challenges. Operated farmlink, which matches prospective farmers with landowners that have farms available for lease or sale. This period, our farmlink program assured that 92 acres of transitioning farmland remained in farming through farm links to new farmers. (247,569 expenses) climate and soil health organized a peer-to-peer network of maine farmers that supported farms protected with an mft easement in building soil health through on-farm research, education and technical expertise, and financial support. This period, technical assistance was delivered to 46 farm businesses participating in our climate resilience programming. (164,926 expenses) pfas response directly supported farmers affected by pfas by providing education, technical assistance, and grants to support farms affected by pfas. Approximately 26 farms were directly supported during the period. (80,652 expenses) policy & research worked on federal, state, and municipal policy issues that affect maine farms, and engaged in those policy areas that directly impact our ability to protect farmland, support farmers, and advance the future of farming. Conducted research and prepared reports and articles to inform mft's policy work, support other mft program areas, and educate policymakers and the public about issues affecting maine agriculture. (304,212 expenses) education & outreach provided workshops, presentations, regional meetings and displays at agricultural and related events to present both general and technical information about mft's work. Hosted a variety of events to increase public awareness about farming's needs and opportunities, including film showings, food events, art exhibits, etc. (363,097 expenses)”

“Change in value bene. Interest in mcf 104,259”