Downeast Coastal Conservancy
- Assets
- $6.9m
- Revenue
- $463.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Machias, ME
- Founding
- 02/1988
- Data as of
- 12/2021
- EIN
- 01-0430078
Organization Overview
Downeast Coastal Conservancy is located in Machias, ME. The organization was established in 1988. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. As of 12/2021, Downeast Coastal Conservancy employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downeast Coastal Conservancy 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, Downeast Coastal Conservancy generated $463.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $246.2k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
NATURAL/CULTURAL RESOURCE CONSERVATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAND AND CONSERVATION EASEMENT ACQUISITION AND STEWARDSHIP TO PERMANENTLY PROTECT LANDS OF SCENIC, NATURAL RESOURCES, WILDLIFE, ECONOMIC AND OPEN SPACE VALUE IN WASHINGTON COUNTY, MAINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Southern Executive Director | Officer | 40 | $62,167 |
Leslie Page Secretary | OfficerTrustee | 2 | $0 |
Lester Coleman Treasurer | OfficerTrustee | 2 | $0 |
Robin Pinto Vice President | OfficerTrustee | 2 | $0 |
Anne Baker President | OfficerTrustee | 8 | $0 |
Cat Cannon Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $128,132 |
| All other contributions, gifts, grants, and similar amounts not included above | $335,040 |
| Noncash contributions included in lines 1a–1f | $102,901 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $463,172 |
| Total Program Service Revenue | $0 |
| Investment income | $246 |
| 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 | $463,498 |
| 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. | $62,167 |
| Compensation of current officers, directors, key employees. | $21,758 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $76,256 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,587 |
| Payroll taxes | $11,334 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $65 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,552 |
| Advertising and promotion | $0 |
| Office expenses | $5,743 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,902 |
| Travel | $3,782 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,233 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,639 |
| Insurance | $5,258 |
| All other expenses | $1,952 |
| Total functional expenses | $246,203 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $688,192 |
| 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 | $5,058 |
| Net Land, buildings, and equipment | $3,382,548 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,801,102 |
| Total assets | $6,876,900 |
| Accounts payable and accrued expenses | $5,318 |
| 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 | $5,318 |
| Net assets without donor restrictions | $1,687,159 |
| Net assets with donor restrictions | $5,184,423 |
| 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 | $6,876,900 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Downeast Coastal Conservancy has recieved totaling $110,866.
| Awarding Organization | Amount |
|---|---|
Elmina B Sewall Foundation Freeport, ME PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Frontstream Global Fund Alexandria, VA PURPOSE: Use by the organization's general fund | $19,417 |
Onion Foundation Wayne, ME PURPOSE: GENERAL PURPOSE | $18,000 |
Maine Coast Heritage Trust Topsham, ME PURPOSE: Contribution toward conservation of land & stewardship for conservation purposes | $15,697 |
Maine Community Foundation Inc Ellsworth, ME PURPOSE: Land Resources Conservation | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $12,100 |
Endowment Analysis
| Beg. Balance | $2,360,349 |
| Earnings | $440,558 |
| Net Contributions | $60,000 |
| Other Expense | $59,805 |
| Ending Balance | $2,801,102 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maine Coast Heritage Trust Topsham, ME | $288,737,271 | $21,037,195 |
Mahoosuc Land Trust Inc Bethel, ME | $6,057,135 | $8,974,124 |
Elliotsville Foundation Inc Portland, ME | $37,052,025 | $5,307,911 |
Friends Of Acadia Bar Harbor, ME | $82,291,605 | $9,023,767 |
Down East Lakes Land Tr Grand Lake Stream, ME | $31,521,154 | $5,353,217 |
Upper Valley Land Trust Inc Hanover, NH | $20,149,822 | $4,243,295 |
Coastal Mountains Land Trust Camden, ME | $9,283,944 | $2,270,917 |
Cape Elizabeth Land Trust Inc Cape Elizabeth, ME | $7,668,896 | $878,138 |
The Monadnock Conservancy Keene, NH | $11,060,426 | $1,594,426 |
Scarborough Land Conservation Trust Scarborough, ME | $6,734,487 | $2,967,081 |
Kennebunkport Conservation Trust Cape Porpoise, ME | $23,403,726 | $2,060,143 |
Brunswick-Topsham Land Trust Inc Brunswick, ME | $5,391,135 | $1,180,824 |