Pine Tree Society Inc
- Assets
- $39.8m
- Revenue
- $13.7m
- Investments
- $167.3k
- Employees
- 158
- Location
- Bath, ME
- Founding
- 09/1946
- Data as of
- 12/2021
- EIN
- 01-0212442
Organization Overview
Pine Tree Society Inc is located in Bath, ME. The organization was established in 1946. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 12/2021, Pine Tree Society Inc employed 158 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pine Tree Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Pine Tree Society Inc generated $13.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $7.9m during the year ending 12/2021. While expenses have increased by 6.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SOCIETY'S MISSION IS TO PROVIDE MAINE CHILDREN AND ADULTS WITH DISABILITIES THE OPPORTUNITIES AND THE MEANS TO CREATE BETTER LIVES FOR THEMSELVES AND THEIR FAMILIES.
Describe the Organization's Program Activity:
DIRECT SERVICES - THESE PROGRAMS PROVIDE SERVICES TO CHILDREN AND ADULTS WITH DISABILITIES AND TO THEIR FAMILIES. PROGRAM SERVICES INCLUDE PINE TREE CAMP, A YEAR ROUND CAMP AND RECREATION CENTER, AUDIOLOGY, AMERICAN SIGN LANGUAGE INTERPRETING FOR MAINE'S DEAF COMMUNITY, EARLY LEARNING CENTER FOR CHILDREN WITH SPECIAL NEEDS, CHILDREN AND ADULT CASE MANAGEMENT, SPEECH LANGUAGE SERVICES, ASSISTIVE TECHNOLOGY AND COMMUNITY BASED SUPPORT SERVICES FOR ADULTS LIVING WITH DEVELOPMENTAL DISABILITIES.
PUBLIC HEALTH EDUCATION - THIS PROGRAM SUPPORTS THE DISSEMINATION OF RESOURCES ADDRESSING ISSUES RELATING TO PEOPLE WITH DISABILITIES INCLUDING, BUT NOT LIMITED TO, A CONFERENCE FOR PARENTS/CAREGIVERS OF CHILDREN WITH DISABILITIES AND INFORMATION AND REFERRAL SERVICES FOR INDIVIDUALS, FAMILY MEMBERS, OR PROFESSIONALS SUPPORTING PEOPLE WITH DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sullivan Noel J President And CEO | Officer | 40 | $189,021 |
Settelen John L Chief Financial Officer | Officer | 40 | $146,705 |
Bailey Martin Secretary (resigned In October) | OfficerTrustee | 1 | $0 |
Butterfield Stephen 1st Vice Chair | OfficerTrustee | 1 | $0 |
Kittredge Tim Interim Secretary | OfficerTrustee | 1 | $0 |
Prunier Matthew Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Your Hearing Network Patient Services | 12/30/20 | $352,252 |
Foundation Center Software Services | 12/30/20 | $130,180 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $55,265 |
| Related organizations | $0 |
| Government grants | $1,060,138 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,760,919 |
| Noncash contributions included in lines 1a–1f | $11,591 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,876,322 |
| Total Program Service Revenue | $4,860,856 |
| Investment income | $538,611 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $905,713 |
| Net Income from Fundraising Events | $17,274 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $471,241 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,670,017 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $375,466 |
| Compensation of current officers, directors, key employees. | $11,129 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,799,972 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $747,420 |
| Payroll taxes | $301,128 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $958,369 |
| Fees for services: Accounting | $39,933 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,010 |
| Office expenses | $429,587 |
| Information technology | $130,685 |
| Royalties | $0 |
| Occupancy | $278,960 |
| Travel | $138,919 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,582 |
| Interest | $9,341 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $390,142 |
| Insurance | $65,351 |
| All other expenses | $23,733 |
| Total functional expenses | $7,945,191 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,445 |
| Savings and temporary cash investments | $1,589,156 |
| Pledges and grants receivable | $4,549,432 |
| Accounts receivable, net | $511,734 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $60,347 |
| Prepaid expenses and deferred charges | $136,917 |
| Net Land, buildings, and equipment | $6,550,991 |
| Investments—publicly traded securities | $18,177,480 |
| Investments—other securities | $167,291 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,914,597 |
| Total assets | $39,794,390 |
| Accounts payable and accrued expenses | $854,969 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $854,969 |
| Net assets without donor restrictions | $20,233,209 |
| Net assets with donor restrictions | $18,706,212 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $39,794,390 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Pine Tree Society Inc has recieved totaling $2,777.
| Awarding Organization | Amount |
|---|---|
Adams Andrew & Alice Trust Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $1,777 |
Saco & Biddeford Savings Charitable Foundation Saco, ME PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Endowment Analysis
| Beg. Balance | $16,556,674 |
| Earnings | $2,400,622 |
| Net Contributions | $193,410 |
| Other Expense | $805,935 |
| Ending Balance | $18,344,771 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Monarch School Of New England Rochester, NH | $7,136,656 | $8,079,151 |
Pine Tree Society Inc Bath, ME | $39,794,390 | $13,670,017 |
Cedarcrest Inc Keene, NH | $21,669,705 | $10,252,863 |
Aquifer Inc Lebanon, NH | $13,050,685 | $7,225,333 |
Regional Services And Education Center Inc Amherst, NH | $5,370,032 | $5,343,714 |
Pine Haven Boys Center Allenstown, NH | $4,200,715 | $4,940,463 |
Southeastern Regional Education Service Center Inc Bedford, NH | $1,482,703 | $4,198,100 |
Maine Special Education Mental New Gloucester, ME | $3,166,975 | $3,793,133 |
The Oliveran School Inc Pike, NH | $4,973,476 | $3,473,816 |
Day Orion Individual Treatment Inc Newport, NH | $1,563,806 | $2,674,494 |
Atlantic Academy Rockport, ME | $87,939 | $1,469,912 |
Lecole Francaise Du Maine South Freeport, ME | $1,082,609 | $1,485,232 |