| Form 990, Part VI, Section A, Line 7a |
Officers, Board Membership and Bylaws are subject to approval by the membership which occurs at an annual meeting of all members. |
| Form 990, Part VI, Section A, Line 7b |
Officers, Board Membership, and Bylaws are subject to approval by the membership at the annual meeting of all members. |
| Form 990, Part VI, Section B, Line 11b |
The Treasurer and Financial Planning Committee review the draft Form 990 in detail and present a copy to the Board of Directors for further review and approval. The Treasurer signs the return upon approval. |
| Form 990, Part VI, Section B, Line 15 a b |
The Executive Committee annually reviews national wage inflation statistics, the annual survey of wages and benefits of the Land Trust Alliance a national organization of land trusts, and other non-profit organizations in Maine prior to establishing the compensation for the Executive Director. The Executive Committee also annually reviews compensation for all other staff in closed session. |
| Form 990, Part VI, Section C, Line 19 |
Documents are available upon request. |
| Form 990, Part VI, Section B, Line 12a |
The Board of Directors reviews the conflict of interest policy annually. The Executive Director reports potential conflicts to the Board of Directors. |
| Form 990, Part XII, Line 2c |
The organizations Finance Committee is responsible for oversight of its independent auditors. In 2021, the organization obtained audited financial statements for the first time. The Finance Committee initiated a search, issued RFPs, and selected an audit firm. |
| Form 990, Part IX, Line 11g |
Contract Services 94,964 |
| Form 990, Part IX, Line 24 |
Easement Purchase 127,187 Other various small expenses - 13,786 |