Penobscott County Conservation Inc Trust Fund
- Assets
- $703.6k
- Revenue
- $37.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Brewer, ME
- Founding
- 10/1977
- Data as of
- 05/2022
- EIN
- 01-0350683
Organization Overview
Penobscott County Conservation Inc Trust Fund is located in Brewer, ME. The organization was established in 1977. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Penobscott County Conservation Inc Trust Fund 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 05/2022, Penobscott County Conservation Inc Trust Fund generated $37.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $37.7k during the year ending 05/2022. While expenses have increased by 0.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SHOLARSHIPS TO LOCAL COLLEGES TO STUDENTS IN WILDLIFE AND CONSERVATION CAMPERSHIPS TO CONSERVATION CAMPS SUPPORT TO CONSERVATION PRACTICES AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNIVERSITY OF MAINE ORONO - SCHOLARSHIPS TO 22 IN WILDLIFE FORESTRY AND CONSERVATION
UNIVERSITY OF MAINE MACHIAS - SCHOLARSHIPS TO 3 STUDENTS IN MARINE BIOLOGY
UNITY COLLEGE - 5 SCHOLARSHIPS TO STUDENTS IN WILDLIFE PROTECTION BIOLOGY AND INLAND FISHERIES AND WILDLIFE LAW ENFORCEMENT - $5000 CONSERVATION CAMP @GREENLAND POINT FOR ENROLLMENT COSTS FOR STUDENTS WITH LIMITED FINANCIAL MEANS - $5000
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Burgason President | Trustee | 0 | $0 |
Al Faust 2nd Vice President | Trustee | 0 | $0 |
Woody Higgins 1st Vice President | Trustee | 0 | $0 |
Charles Rumsey Secretary | Trustee | 0 | $0 |
Nancy Hatch Treasurer | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Total Program Service Revenue | $0 |
| Investment income | $36,773 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $37,773 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $33,500 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $4,178 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $37,678 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $703,602 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $703,602 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $703,602 |
| 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 | $703,602 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Davis Family Foundation Yarmouth, ME | $94,934,752 | $3,904,982 |
Carl Benton Straub Charitable Trust Brunswick, ME | $0 | $2,800,114 |
Panjandrum Foundation Tr Keene, NH | $3,537,021 | $9,028 |
Adele Gifford Residuary Trust Bedford, NH | $12,919,500 | $730,579 |
Robert And Joyce Oberkotter Family Foundation Newport, NH | $12,628,892 | $751,411 |
Doris Benz Tr Otisfield, ME | $6,799,118 | $360,492 |
Hjd Foundation Sunapee, NH | $21,739,659 | $12,057,994 |
Clara Saltus Trust Uw Bedford, NH | $7,298,272 | $1,323,409 |
Benjamin Kimball Trust Uw Bedford, NH | $7,262,767 | $1,582,345 |
W F Bisbee J G O Rourke Tte Portland, ME | $20,774,662 | $340,543 |
Tamworth Foundation Tamworth, NH | $7,368,763 | $923,034 |
Alfred Quimby Fund Ttee Center Sandwich, NH | $6,204,237 | $703,206 |