Bangor Land Trust

“Members are those persons who have (1) paid their membership dues for the year; (2) are at least 17 years old; and (3) support the purposes of the corporation, as set forth in the articles of incorporation.”

“Members normally meet annually and elect board directors to a three year term. For any given year there are only approximately one-third of the board directors elected. Special meetings may be called at any time by the president, by the board of directors, or by not fewer than twenty (20) members of the corporation entitled to vote and submitted to the secretary.”

“No decisions of the governing body are subject to approval by members unless expressly submitted to the membership by the board of directors.”

“Form 990 is reviewed by members of the executive committee before it is filed with the internal revnue service”

“All board members sign a conflict of interest disclosure form annually. These are reviewed by the president to make sure they are all filled out appropriately.”

“The organization has no paid executive director or other management employee. All executive decisions are made by the president, the executive committee, or the board of directors, all of whom are volunteers and receive no compensation.”

“Compensation for the office manager is reviewed by board of directors.”

“Normally governing documents and policies are not made available to the general public; if a request was made for such disclosure, the board of directors would make the decision as to whether or not to make the disclosure. Financial statements are available to attendees at the organization's annual meeting.”

“Protect for public benefit land and water in the bangor region that have special ecological, natural, scenic, agricultural, or recreational significance; increase public understanding of the value of land and water conservation.”

“Due diligence exp. Land acq 4,610 0 0 program consultant 20,678 0 0 total 25,288 0 0”

“Change in value of beneficial interest in mcf 15,625”