Penobscot River Restoration Trust

“All members shall be governmental or nonprofit entities that have an interest in the purpose of the corporation. Any such entity may be admitted to membership only upon a unanimous vote of the then existing membership.”

“Each member shall be entitled to cast one vote at annual or special meetings of the members of the corporation for such purposes or such other matters as may be prescribed for consideration of the members by these articles of of incorporation, the by-laws of the corporation, amendments thereto, and the laws and statutes of the state of maine, as from time to time constituted.”

“Form 990 is reviewed in detail by the finance committee together with the executive director and director of finance. If there are any questions regarding information on the 990 or the methods of preparation, the accounting firm will be asked the committee's questions. After the finance committee is satisfied with the information presented in the 990, they will recommend to the full board that the 990 be approved. Copies of the document are provided to all finance committee members and other members of the board as requested.”

“The conflicts of interest policy is monitored and enforced per the policy.”

“Compensation for the executive director and other management officials was determined by the partner agencies at the time of inception of the trust. In each year thereafter, a salary increase of 3% has been given as a cost of living adjustment. This is reviewed each year by the board in conjunction with the preparation of the annual budget for that year. During 2014 an additional, one time salary increase was given to the executive director and deputy director.”

“The governing documents, conflict of interest policy and financial statements are maintained in the office and are available to the public during standard business hours.”

“2014, the veazie dam was removed. In 2015, a fish by-pass was constructed at the howland dam site. In 2016, the howland project was completed and river quality monitoring continued.”

“Engineering design 22,310 0 0 engineering - science & monit 23,211 0 0 misc. Contract services 325 0 0 scientific-great works-arra ( 30,073 0 0 scientific (science consultan 121,653 0 0 effectivness monitoring 21,595 0 0 howland - o & m 3,250 0 0 total 222,417 0 0”