Maine Forest Products Council
- Assets
- $1.1m
- Revenue
- $1.2m
- Investments
- $1.0k
- Employees
- 4
- Location
- Augusta, ME
- Founding
- 07/1981
- Data as of
- 12/2022
- EIN
- 01-0369125
Organization Overview
Maine Forest Products Council is located in Augusta, ME. The organization was established in 1981. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. As of 12/2022, Maine Forest Products Council employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Forest Products Council is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Maine Forest Products Council generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 7.9% per year over the past 8 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
PROMOTE THE GENERAL WELFARE OF THE MAINE FOREST PRODUCTS INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATING AND SUPPORTING MEMBERS IN THE CONSERVATION AND RENEWAL OF FOREST RESOURCES, IMPROVED UTILIZATION OF FORESTS, IMPROVED FOREST PRACTICES, AND ACCEPTANCE AND USE OF WOOD AND FOREST PRODUCTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Mcavoy President | OfficerTrustee | 1 | $0 |
Benjamin Carlisle 1st Vice President | OfficerTrustee | 1 | $0 |
Peter Triandafillou Treasurer | OfficerTrustee | 1 | $0 |
Alex Ingraham Director | Trustee | 1 | $0 |
Allan Ryder Director | Trustee | 1 | $0 |
Anthony Hourihan Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Indufor North America Llc Roadmap Services | 12/30/21 | $209,632 |
Maine Development Foundation Roadmap Services | 12/30/21 | $118,720 |
Sutherland Weston Roadmap Services | 12/30/21 | $101,237 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $260,457 |
| All other contributions, gifts, grants, and similar amounts not included above | $124,105 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $384,562 |
| Total Program Service Revenue | $739,499 |
| Investment income | $31 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,450 |
| Net Gain/Loss on Asset Sales | -$2,316 |
| Net Income from Fundraising Events | $23,441 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,155,667 |
| 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. | $163,876 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $180,870 |
| Pension plan accruals and contributions | $4,040 |
| Other employee benefits | $40,098 |
| Payroll taxes | $34,049 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $89,303 |
| Fees for services: Accounting | $19,100 |
| Fees for services: Lobbying | $57,296 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $340,507 |
| Advertising and promotion | $2,570 |
| Office expenses | $21,072 |
| Information technology | $10,327 |
| Royalties | $0 |
| Occupancy | $39,476 |
| Travel | $33,677 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,388 |
| Interest | $1,528 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,940 |
| Insurance | $9,574 |
| All other expenses | $0 |
| Total functional expenses | $1,131,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,824 |
| Savings and temporary cash investments | $328,998 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,927 |
| 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 | $973 |
| Net Land, buildings, and equipment | $732,189 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,000 |
| Investments—program-related | $0 |
| Intangible assets | $11,643 |
| Other assets | $0 |
| Total assets | $1,148,554 |
| Accounts payable and accrued expenses | $10,036 |
| 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 | $16,420 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,997 |
| Total liabilities | $38,453 |
| Net assets without donor restrictions | $1,110,101 |
| Net assets with donor restrictions | $0 |
| 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 | $1,148,554 |