Maine Farmland Trust Inc.

“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 committe e 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.”

“Maine farmlink matches prospective farmers with farms available for lease or sale. Workshops and individual consultations assist farmers with purchase/sale/transfer detail and estate planning. Much of this programming is tailored to the specific needs of beginning farmers. Approximately 465 farmers were served in 2014. Maine farm realty provided professional real estate services to mft and maine's farm community, through traditional and a la carte real estate services. Maine farms realty also educated real estate agencies about farmland protection and engaged those agencies to work in partnership with mft.”