STRATEGY STUDIO / PUBLIC DATA EXPLORER

MAINE FARMLAND TRUST INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
MAINE FARMLAND TRUST INC (EIN 01-0528014)
Tax period
2023-10-01 to 2024-09-30
Filed
2025-04-03
IRS object ID
202500939349300410
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-04-03T09:11:16-04:00ReturnTs
Tax Period End2024-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN830772076PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LG&HBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line112 STILLWATER AVE STE 5AddressLine1Txt
CityBANGORCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04401ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN010528014EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MAINE FARMLAND TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMAINBusinessNameControlTxt
Phone2073386575PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line197 MAIN STREETAddressLine1Txt
CityBELFASTCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04915ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKRISTIN VARNUMPersonNm
Person TitleVP/CFOPersonTitleTxt
Phone2073386575PhoneNum
Signature2025-03-21SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRISTOPHER S HINDSPreparerPersonNm
PTINP01070796PTIN
Phone2079904585PhoneNum
Preparation2025-04-03PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKRISTIN VARNUMPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line197 MAIN STAddressLine1Txt
CityBELFASTCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04915ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$8,323,671GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MAINEFARMLANDTRUST.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1999FormationYr
Legal Domicile StateMELegalDomicileStateCd
Activity Or MissionMAINE FARMLAND TRUST PROTECTS FARMLAND, SUPPORTS FARMERS, AND ADVANCES THE FUTURE OF FARMING.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee40TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI-$1,945,171TotalGrossUBIAmt
PY Contributions Grants$3,976,468PYContributionsGrantsAmt
CY Contributions Grants$6,795,723CYContributionsGrantsAmt
PY Program Service Revenue$2,099PYProgramServiceRevenueAmt
CY Program Service Revenue$20,571CYProgramServiceRevenueAmt
PY Investment Income$240,253PYInvestmentIncomeAmt
CY Investment Income-$1,648,322CYInvestmentIncomeAmt
PY Other Revenue$2,259PYOtherRevenueAmt
CY Other Revenue$5,569CYOtherRevenueAmt
PY Total Revenue$4,221,079PYTotalRevenueAmt
CY Total Revenue$5,173,541CYTotalRevenueAmt
PY Grants And Similar Paid$233,700PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$147,855CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,560,874PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,473,132CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$709,974CYTotalFundraisingExpenseAmt
PY Other Expenses$2,624,622PYOtherExpensesAmt
CY Other Expenses$3,007,780CYOtherExpensesAmt
PY Total Expenses$5,419,196PYTotalExpensesAmt
CY Total Expenses$6,628,767CYTotalExpensesAmt
PY Revenues Less Expenses-$1,198,117PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,455,226CYRevenuesLessExpensesAmt
Total Assets BOY$28,370,138TotalAssetsBOYAmt
Total Assets EOY$26,990,758TotalAssetsEOYAmt
Total Liabilities BOY$2,077,058TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,595,953TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$26,293,080NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$25,394,805NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionMAINE FARMLAND TRUST PROTECTS FARMLAND, SUPPORTS FARMERS, AND ADVANCES THE FUTURE OF FARMING.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$2,700,331ExpenseAmt
Grant$10,000GrantAmt
Revenue$4,987RevenueAmt
DescFARMLAND PROTECTION: PERMANENTLY PROTECTED FARMLAND THROUGH ACCEPTANCE OF DONATED AGRICULTURAL CONSERVATION EASEMENTS, PURCHASE OF AGRICULTURAL CONSERVATION EASEMENTS, AND PURCHASE, PROTECTION, AND RESALE OF FARMS. THIS PERIOD, MFT COMPLETED 13 LAND PROTECTION PROJECTS, PROTECTING 1,821 ACRES OF LAND.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$577,494ExpenseAmt
Revenue$500RevenueAmt
DescTHE STEWARDSHIP PROGRAM IS RESPONSIBLE FOR MONITORING PROTECTED FARMLAND TO ENSURE THAT THE CONSERVATION VALUES OF THE PROPERTY ARE PROTECTED FOREVER. THIS PERIOD, MFT COMPLETED ANNUAL EASEMENT MONITORING FOR 296 EASEMENTS, COVERING OVER 44,000 ACRES.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$469,227ExpenseAmt
DescEDUCATION & OUTREACH: PROVIDED WORKSHOPS, PRESENTATIONS, REGIONAL MEETINGS AND DISPLAYS AT AGRICULTURAL AND RELATED EVENTS TO PRESENT BOTH GENERAL AND TECHNICAL INFORMATION ABOUT MFT'S WORK. HOSTED A VARIETY OF EVENTS TO INCREASE PUBLIC AWARENESS ABOUT FARMING'S NEEDS AND OPPORTUNITIES.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$1,511,149ExpenseAmt
Grant$137,855GrantAmt
Revenue$15,084RevenueAmt
DescFARMLAND ACCESS COLLABORATED WITH EXTERNAL PARTNERS TO ADDRESS SYSTEMIC AND INDIVIDUAL FARMLAND ACCESS AND TRANSFER CHALLENGES. OPERATED FARMLINK, WHICH MATCHES PROSPECTIVE FARMERS WITH LANDOWNERS THAT HAVE FARMS AVAILABLE FOR LEASE OR SALE. THIS YEAR, OUR FARMLINK PROGRAM ASSURED THAT 366 ACRES OF TRANSITIONING FARMLAND REMAINED IN FARMING THROUGH FARM LINKS TO NEW FARMERS. (255,105 EXPENSES) CLIMATE: IMPROVED VIABILITY OF FARMS THROUGH INCREASED UNDERSTANDING OF THEIR LAND AND ADAPTATION TO CLIMATE RISKS AND CONNECTING TO RESOURCES. THIS YEAR, OUR CLIMATE RESILIENCE TEAM SUPPORTED 51 FARM BUSINESSES WITH TECHNICAL ASSISTANCE SUPPORT AND/OR CLIMATE RESILIENCE GRANTS. (467,084 EXPENSES) PFAS RESPONSE: DIRECTLY SUPPORTED FARMERS AFFECTED BY PFAS BY PROVIDING EDUCATION, TECHNICAL ASSISTANCE, AND GRANTS TO SUPPORT FARMS AFFECTED BY PFAS. APPROXIMATELY 28 FARMS WERE DIRECTLY SUPPORTED DURING THE YEAR. (33,397 EXPENSES) POLICY & RESEARCH WORKED ON FEDERAL, STATE, AND MUNICIPAL POLICY ISSUES THAT AFFECT MAINE FARMS, AND ENGAGED IN THOSE POLICY AREAS THAT DIRECTLY IMPACT OUR ABILITY TO PROTECT FARMLAND, SUPPORT FARMERS, AND ADVANCE THE FUTURE OF FARMING. CONDUCTED RESEARCH AND PREPARED REPORTS AND ARTICLES TO INFORM MFT'S POLICY WORK, SUPPORT OTHER MFT PROGRAM AREAS, AND EDUCATE POLICYMAKERS AND THE PUBLIC ABOUT ISSUES AFFECTING MAINE AGRICULTURE. (345,572 EXPENSES) FARMLAND BUSINESS PLANNING DIRECTLY SUPPORTED FARMERS WITH BUSINESS PLANNING, OFFERING TRAINING AND TECHNICAL ASSISTANCE TO FARMERS. THIS YEAR, OUR FARM BUSINESS PLANNING PROGRAM SERVED 60 FARM BUSINESSES THROUGH WORKSHOPS, TECHNICAL ASSISTANCE, AND GRANTS. (409,991 EXPENSES)Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$1,511,149TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$137,855TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$15,084TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$5,258,201TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsYes (true)ConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemYes (true)BusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document59IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee40EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VentureYes (true)InvestmentInJointVentureInd
Written Policy Or ProcedureYes (true)WrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldMEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKRISTIN VARNUMPersonNm
Phone2073386575PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line197 MAIN STAddressLine1Txt
CityBELFASTCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04915ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
AMY FISHER
PRESIDENT40.00Yes (X)$189,594$0$16,619
KRISTIN VARNUM
VP/CFO40.00Yes (X)$108,018$0$17,925
NICK ARMENTROUT
SECRETARY2.00$0$0$0Yes (X)
JASON BOLTON
DIRECTOR1.00$0$0$0Yes (X)
DAVE COLSON
CHAIR6.00Yes (X)$0$0$0Yes (X)
STEVE CRANE
DIRECTOR1.50$0$0$0Yes (X)
MEREDITH EILERS
CHAIR (THRU4.00Yes (X)$0$0$0Yes (X)
CAITLYN FRAME
DIRECTOR3.00$0$0$0Yes (X)
JUSTIN JAMISON
TREASURER4.00Yes (X)$0$0$0Yes (X)
MARGOT ANNE KELLY
VICE CHAIR5.00Yes (X)$0$0$0Yes (X)
SUSAN MORRIS
DIRECTOR3.50$0$0$0Yes (X)
TAYLOR MUDGE
DIRECTOR2.50$0$0$0Yes (X)
JON OLSON
DIRECTOR2.50$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$297,612TotalReportableCompFromOrgAmt
Total Other Compensation$34,544TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DRUMMOND WOODSUMBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line184 MARGINAL WAY STE 600AddressLine1Txt
CityPORTLANDCityNm
State AbbreviationMEStateAbbreviationCd
ZIP04101ZIPCd
FieldValueIRS element (for citing)
ServicesLEGALServicesDesc
Compensation$163,578CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Membership Dues$174,805MembershipDuesAmt
All Other Contributions$6,620,918AllOtherContributionsAmt
Noncash Contributions$734,179NoncashContributionsAmt
Total Contributions$6,795,723TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FOOD HUB RENTAL$15,084$15,084
INTEREST ON PROGRAM LOANS$2,573$2,573
FARMLAND RENTAL$2,414$2,414
EASEMENT AMENDMENTS$500$500
FieldValueIRS element (for citing)
Total Program Service Revenue$20,571TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$312,556TotalRevenueColumnAmt
Exclusion$312,556ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,189,252SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$3,149,522SecuritiesAmt
Other$608OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$1,960,270SecuritiesAmt
Other-$608OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$1,960,878TotalRevenueColumnAmt
Unrelated Business Revenue-$1,945,171UnrelatedBusinessRevenueAmt
Exclusion-$15,707ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
PRIOR YEAR GRANT RECOVERY$3,500$3,500
MISCELLANEOUS$2,069$2,069
FieldValueIRS element (for citing)
Other Revenue Total$5,569OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,173,541TotalRevenueColumnAmt
Related Or Exempt Func Income$20,571RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$1,945,171UnrelatedBusinessRevenueAmt
Exclusion$302,418ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$147,855TotalAmt
Program Services$147,855ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$336,825TotalAmt
Program Services$250,577ProgramServicesAmt
Management And General$35,469ManagementAndGeneralAmt
Fundraising$50,779FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,582,012TotalAmt
Program Services$1,743,515ProgramServicesAmt
Management And General$442,439ManagementAndGeneralAmt
Fundraising$396,058FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$89,264TotalAmt
Program Services$61,157ProgramServicesAmt
Management And General$12,049ManagementAndGeneralAmt
Fundraising$16,058FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$242,524TotalAmt
Program Services$176,832ProgramServicesAmt
Management And General$29,551ManagementAndGeneralAmt
Fundraising$36,141FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$222,507TotalAmt
Program Services$155,683ProgramServicesAmt
Management And General$26,500ManagementAndGeneralAmt
Fundraising$40,324FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$164,170TotalAmt
Program Services$153,138ProgramServicesAmt
Management And General$11,032ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$41,414TotalAmt
Program Services$5,547ProgramServicesAmt
Management And General$35,867ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$278,442TotalAmt
Program Services$215,925ProgramServicesAmt
Management And General$11,022ManagementAndGeneralAmt
Fundraising$51,495FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$19,545TotalAmt
Program Services$19,545ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$86,392TotalAmt
Program Services$41,708ProgramServicesAmt
Management And General$5,740ManagementAndGeneralAmt
Fundraising$38,944FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$116,046TotalAmt
Program Services$68,631ProgramServicesAmt
Management And General$14,591ManagementAndGeneralAmt
Fundraising$32,824FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$107,190TotalAmt
Program Services$79,308ProgramServicesAmt
Management And General$11,645ManagementAndGeneralAmt
Fundraising$16,237FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$89,614TotalAmt
Program Services$77,967ProgramServicesAmt
Management And General$1,448ManagementAndGeneralAmt
Fundraising$10,199FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$15,185TotalAmt
Program Services$12,234ProgramServicesAmt
Management And General$2,951ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$77,647TotalAmt
Program Services$57,765ProgramServicesAmt
Management And General$11,706ManagementAndGeneralAmt
Fundraising$8,176FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$39,131TotalAmt
Program Services$35,591ProgramServicesAmt
Management And General$405ManagementAndGeneralAmt
Fundraising$3,135FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
PURCHASED EASEMENTS$1,542,062$1,542,062
FARMLAND OWNERSHIP EXPS$57,489$57,489
FARM BUSINESS PLANNING$51,666$51,666
POLICY/RESEARCH EVENTS$50,463$50,463

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$271,324TotalAmt
Program Services$253,543ProgramServicesAmt
Management And General$8,177ManagementAndGeneralAmt
Fundraising$9,604FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,628,767TotalAmt
Program Services$5,258,201ProgramServicesAmt
Management And General$660,592ManagementAndGeneralAmt
Fundraising$709,974FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$247,389BOYAmt
EOY$274,951EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$7,700,016BOYAmt
EOY$7,946,892EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,445,079BOYAmt
EOY$1,062,650EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$242,109BOYAmt
EOY$142,530EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$755,969BOYAmt
EOY$561,843EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$46,290BOYAmt
EOY$28,953EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,012,369LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$449,620LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,192,039BOYAmt
EOY$1,562,749EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$2,404,980BOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$73,412BOYAmt
EOY$54,111EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$14,262,855BOYAmt
EOY$15,356,079EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$28,370,138BOYAmt
EOY$26,990,758EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$585,558BOYAmt
EOY$241,679EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$680,185BOYAmt
EOY$651,747EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$804,990BOYAmt
EOY$697,602EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,325BOYAmt
EOY$4,925EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,077,058BOYAmt
EOY$1,595,953EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$20,217,731BOYAmt
EOY$19,155,829EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,075,349BOYAmt
EOY$6,238,976EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$26,293,080BOYAmt
EOY$25,394,805EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$28,370,138BOYAmt
EOY$26,990,758EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$1,455,226ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$556,951OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,494,634CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,563,109CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$7,887,751CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,976,468CurrentTaxYearMinus1YearAmt
Current Tax Year$6,795,723CurrentTaxYearAmt
Total$34,717,685TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,494,634CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,563,109CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$7,887,751CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,976,468CurrentTaxYearMinus1YearAmt
Current Tax Year$6,795,723CurrentTaxYearAmt
Total$34,717,685TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$731,449SubstantialContributorsTotAmt
Public Support Total170$33,986,236PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$22,715CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$30,270CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$50,146CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$240,646CurrentTaxYearMinus1YearAmt
Current Tax Year$312,556CurrentTaxYearAmt
Total$656,333TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$4,128CurrentTaxYearMinus2YearsAmt
Total$4,128TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,094CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,925CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$2,259CurrentTaxYearMinus1YearAmt
Current Tax Year$5,569CurrentTaxYearAmt
Total$17,847TotalAmt
FieldValueIRS element (for citing)
Total Support$35,395,993TotalSupportAmt
Gross Receipts Rltd Activities$116,215GrossReceiptsRltdActivitiesAmt
Public Support CY1700.96020PublicSupportCY170Pct
Public Support PY1700.84520PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART II, LINE 10MISCELLANEOUS INCOME 14,347 GRANT RECOVERY 3,500
SUPPLEMENTAL INFORMATIONBECAUSE OF A CHANGE IN FISCAL YEAR-END, PART II SECTION A COLUMNS REPRESENT THE FOLLOWING TAX PERIODS: COLUMN (A): 01/01/2020 - 12/31/2020 COLUMN (B): 01/01/2021 - 12/31/2021 COLUMN (C): 01/01/2022 - 12/31/2022 COLUMN (D): 01/01/2023 - 09/30/2023 COLUMN (E): 10/01/2023 - 09/30/2024

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$410FilingOrganizationsTotalAmt

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,188FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,598FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$6,627,169FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$6,628,767FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$481,438FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$120,360FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$495,623CurrentYearMinus3Amt
Current Year Minus2$371,238CurrentYearMinus2Amt
Current Year Minus1$506,558CurrentYearMinus1Amt
Current Year$481,438CurrentYearAmt
Total$1,854,857TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$2,782,286LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$4,425CurrentYearMinus3Amt
Current Year Minus2$2,500CurrentYearMinus2Amt
Current Year Minus1$4,130CurrentYearMinus1Amt
Current Year$1,598CurrentYearAmt
Total$12,653TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$123,906CurrentYearMinus3Amt
Current Year Minus2$92,810CurrentYearMinus2Amt
Current Year Minus1$126,640CurrentYearMinus1Amt
Current Year$120,360CurrentYearAmt
Total$463,716TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$695,574GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$2,825CurrentYearMinus3Amt
Current Year Minus2$1,250CurrentYearMinus2Amt
Current Year Minus1$1,110CurrentYearMinus1Amt
Current Year$410CurrentYearAmt
Total$5,595TotalAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Protection Natural HabitatYes (X)ProtectionNaturalHabitatInd
Preservation Open SpaceYes (X)PreservationOpenSpaceInd
Total Easements295TotalEasementsCnt
Total Acreage43792.36TotalAcreageCnt
Modified Easements1ModifiedEasementsCnt
States Easements Held1StatesEasementsHeldCnt
Written Policy MonitoringYes (true)WrittenPolicyMonitoringInd
Staff Hours Spent Enforcement9535.00StaffHoursSpentEnforcementCnt
Expenses Incurred Enforcement$571,293ExpensesIncurredEnforcementAmt

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$15,199BeginningYearBalanceAmt
Contributions$250,000ContributionsAmt
Investment Earnings Or Losses$2,744InvestmentEarningsOrLossesAmt
Other Expenditures$665OtherExpendituresAmt
Administrative Expenses$222AdministrativeExpensesAmt
End Year Balance$267,056EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$14,884BeginningYearBalanceAmt
Investment Earnings Or Losses$1,022InvestmentEarningsOrLossesAmt
Other Expenditures$532OtherExpendituresAmt
Administrative Expenses$175AdministrativeExpensesAmt
End Year Balance$15,199EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$17,977BeginningYearBalanceAmt
Investment Earnings Or Losses-$2,079InvestmentEarningsOrLossesAmt
Other Expenditures$780OtherExpendituresAmt
Administrative Expenses$234AdministrativeExpensesAmt
End Year Balance$14,884EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$16,077BeginningYearBalanceAmt
Investment Earnings Or Losses$3,277InvestmentEarningsOrLossesAmt
Other Expenditures$1,037OtherExpendituresAmt
Administrative Expenses$340AdministrativeExpensesAmt
End Year Balance$17,977EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$22,953BeginningYearBalanceAmt
Investment Earnings Or Losses$2,593InvestmentEarningsOrLossesAmt
Other Expenditures$9,190OtherExpendituresAmt
Administrative Expenses$269AdministrativeExpensesAmt
End Year Balance$16,077EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.06390BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.93610PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (true)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$277,715OtherCostOrOtherBasisAmt
Book Value$277,715BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,554,455OtherCostOrOtherBasisAmt
Depreciation$309,998DepreciationAmt
Book Value$1,244,457BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$148,395OtherCostOrOtherBasisAmt
Depreciation$121,108DepreciationAmt
Book Value$27,287BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$31,804OtherCostOrOtherBasisAmt
Depreciation$18,514DepreciationAmt
Book Value$13,290BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,562,749TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
ARTWORK HELD FOR SALE$8,600,800
BENE INT IN ASSETS HELD BY OTHERS$5,965,843
FARMS AND FARMLAND$789,436
FieldValueIRS element (for citing)
Total Book Value Other Assets$15,356,079TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDEPOSITSDesc
Amt$4,925Amt
FieldValueIRS element (for citing)
Total Liability$4,925TotalLiabilityAmt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 1, PART II, LINE 5MAINE FARMLAND TRUST MONITORS EACH CONSERVATION INTEREST ANNUALLY - EITHER WITH AERIAL MONITORING OR PHYSICAL INSPECTIONS - TO ENSURE THAT CONSERVATION VALUES ARE PRESERVED AND THE TERMS OF EASEMENTS AND DEED RESTRICTIONS ARE UPHELD. WHEN A VIOLATION IS SUSPECTED, STAFF WORK WITH LEGAL COUNSEL TO EVALUATE THE SITUATION AND UNDERTAKE THE BEST COURSE OF ACTION AND RESOLUTION.
SCHEDULE D, PAGE 1, PART II, LINE 9ORGANIZATION DOES NOT RECORD CONSERVATION EASEMENTS ON ITS BALANCE SHEET AND DONATIONS OF EASEMENTS ARE NOT REFLECTED AS INCOME. MONITORING AND STEWARDSHIP EXPENSES ARE EXPENSED AS INCURRED. TEXT OF FINANCIAL STATEMENT FOOTNOTE: "CONSERVATION EASEMENTS ARE DEEMED TO BE WITHOUT ECONOMIC VALUE TO MAINE FARMLAND TRUST AND THEREFORE ARE VALUED AT ZERO FOR ACCOUNTING PURPOSES."
SCHEDULE D, PAGE 2, PART V, LINE 4ENDOWMENT FUND EARNINGS ARE INTENDED TO BENEFIT THE GENERAL OPERATIONS OF THE ORGANIZATION.
SCHEDULE D, PAGE 4, PART XIIIPART XIII - SUPPLEMENTAL FINANCIAL INFOMATION SUPPLEMENT TO FORM 990 SCHEDULE D, PART II, LINE 3: EASEMENT MODIFICATIONS; CHELLIS BROOK, NEWFIELD. THE EASEMENT WAS ACQUIRED VIA MFT'S PURCHASED EASEMENT PROGRAM ON 12/21/2017. THE LANDOWNER WANTED TO ADD AN ADDITIONAL 47 ACRES OF LAND TO THE EXISTING CONSERVATION EASEMENT. MFT DETERMINED THAT SUCH AN AMENDMENT WOULD HAVE A NET BENEFIT TO THE CONSERVATION VALUES AND THE AMENDMENT WAS EXECUTED ON 3/27/2024.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtRecipient EINRecipientEINIRC SectionIRCSectionDesc
BALFOUR FARM
461 WEBB RDPITTSFIELDME04967$10,000CLIMATE RESILIENCE
BUMBLEFOOD ORGANIC FARM
196 HIGHLAND CLIFF RDWINDHAMME04062$8,267CLIMATE RESILIENCE
DHARMA FARM
175 CALDERWOOD RDWASHINGTONME04574$18,300IMPLEMENTATION
DOSTIE FARM
68 MIDDLE RDFAIRFIELDME04937$6,830PFAS - HARDSHIP
LAND IN COMMON INC
217 SOUTH MOUNTAIN RDGREENEME04235$10,000LAND PURCHASE263832721501C3
THE MILKHOUSE LLC
445 S MONMOUTH RDMONMOUTHME04259$11,447CLIMATE RESILIENCE
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org5TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationGRANTS ARE NOT MONITORED, PER SE.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonAMY FISHERPersonNm
TitlePRESIDENTTitleTxt
Base Compensation Filing Org$189,594BaseCompensationFilingOrgAmt
Nontaxable Benefits Filing Org$16,619NontaxableBenefitsFilingOrgAmt
Total Compensation Filing Org$206,213TotalCompensationFilingOrgAmt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonDAVE COLSONPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionDIRECTORRelationshipDescriptionTxt
Transaction$168,412TransactionAmt
TransactionPURCHASED EASEMENTTransactionDesc
Sharing Of RevenuesfalseSharingOfRevenuesInd

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution12ContributionCnt
Noncash Contributions Rpt F990$734,179NoncashContributionsRptF990Amt
Method Of Determining RevenuesMEAN VALUE ACTIVE MKTMethodOfDeterminingRevenuesTxt

Qualified Contrib Other QualifiedContribOtherGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution3ContributionCnt
Method Of Determining RevenuesEASEMENTS HAVE NO VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received4Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4DFARMLAND ACCESS COLLABORATED WITH EXTERNAL PARTNERS TO ADDRESS SYSTEMIC AND INDIVIDUAL FARMLAND ACCESS AND TRANSFER CHALLENGES. OPERATED FARMLINK, WHICH MATCHES PROSPECTIVE FARMERS WITH LANDOWNERS THAT HAVE FARMS AVAILABLE FOR LEASE OR SALE. THIS YEAR, OUR FARMLINK PROGRAM ASSURED THAT 366 ACRES OF TRANSITIONING FARMLAND REMAINED IN FARMING THROUGH FARM LINKS TO NEW FARMERS. (255,105 EXPENSES) CLIMATE: IMPROVED VIABILITY OF FARMS THROUGH INCREASED UNDERSTANDING OF THEIR LAND AND ADAPTATION TO CLIMATE RISKS AND CONNECTING TO RESOURCES. THIS YEAR, OUR CLIMATE RESILIENCE TEAM SUPPORTED 51 FARM BUSINESSES WITH TECHNICAL ASSISTANCE SUPPORT AND/OR CLIMATE RESILIENCE GRANTS. (467,084 EXPENSES) PFAS RESPONSE: DIRECTLY SUPPORTED FARMERS AFFECTED BY PFAS BY PROVIDING EDUCATION, TECHNICAL ASSISTANCE, AND GRANTS TO SUPPORT FARMS AFFECTED BY PFAS. APPROXIMATELY 28 FARMS WERE DIRECTLY SUPPORTED DURING THE YEAR. (33,397 EXPENSES) POLICY & RESEARCH WORKED ON FEDERAL, STATE, AND MUNICIPAL POLICY ISSUES THAT AFFECT MAINE FARMS, AND ENGAGED IN THOSE POLICY AREAS THAT DIRECTLY IMPACT OUR ABILITY TO PROTECT FARMLAND, SUPPORT FARMERS, AND ADVANCE THE FUTURE OF FARMING. CONDUCTED RESEARCH AND PREPARED REPORTS AND ARTICLES TO INFORM MFT'S POLICY WORK, SUPPORT OTHER MFT PROGRAM AREAS, AND EDUCATE POLICYMAKERS AND THE PUBLIC ABOUT ISSUES AFFECTING MAINE AGRICULTURE. (345,572 EXPENSES) FARMLAND BUSINESS PLANNING DIRECTLY SUPPORTED FARMERS WITH BUSINESS PLANNING, OFFERING TRAINING AND TECHNICAL ASSISTANCE TO FARMERS. THIS YEAR, OUR FARM BUSINESS PLANNING PROGRAM SERVED 60 FARM BUSINESSES THROUGH WORKSHOPS, TECHNICAL ASSISTANCE, AND GRANTS. (409,991 EXPENSES)
FORM 990, PAGE 6, PART VI, LINE 6INDIVIDUALS PAYING THE MINIMUM ANNUAL MEMBERSHIP DUES.
FORM 990, PAGE 6, PART VI, LINE 7AMEMBERS VOTE AT THE ANNUAL MEETING TO ELECT THE BOARD OF DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 11BFORM 990 IS PROVIDED TO THE TREASURER BY THE PAID PREPARER. THE TREASURER REVIEWS AND MAKES A RECOMMENDATION AND PASSES THE 990 WITH HIS RECOMMENDATION TO ALL THE DIRECTORS. THE DIRECTORS ARE TO RESPOND WITHIN 4 DAYS. IF ANY RESPONSE NOT TO FILE IS PRESENTED, THE PAID PREPARER WILL BE ASKED TO FILE AN EXTENSION IF NECESSARY, OTHERWISE THE 990 WILL BE FILED AS PRESENTED.
FORM 990, PAGE 6, PART VI, LINE 12CANNUALLY, EACH DIRECTOR, EMPLOYEE, INTERN, REGULAR VOLUNTEER, AND COMMITTEE MEMBER SHALL SIGN AN ACKNOWLEDGEMENT OF THE CONFLICT OF INTEREST POLICY AFFIRMING THAT SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY,AND D. UNDERSTANDS THAT MFT IS A CHARITABLE TAX EXEMPT ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES, AND AVOID PRIVATE INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT.
FORM 990, PAGE 6, PART VI, LINE 15AWHEN A NEW PRESIDENT IS HIRED, COMPENSATION SHALL BE SET BY THE BOARD OF DIRECTORS FOLLOWING A REVIEW OF COMPENSATION LEVELS AT OTHER MAINE NON- PROFIT ORGANIZATIONS WITH COMPARABLE BUDGETS AND PROGRAMS. THIS REVIEW SHALL SERVE AS GUIDANCE TO THE BOARD, BUT NOT THE ONLY DETERMINANT OF COMPENSATION LEVEL. FUTURE ADJUSTMENTS IN COMPENSATION MAY BE MADE BY THE BOARD AS IT SEES FIT. NORMALLY, THIS WILL OCCUR THROUGH THE ANNUAL BUDGET PROCESS. THE BOARD MAY CONSIDER INCREASES IN COMPENSATION AS COST OF LIVING ADJUSTMENTS, AS THE RESULT OF ORGANIZATIONAL GROWTH, AND/OR TO REWARD EXCEPTIONAL JOB PERFORMANCE. THE BOARD MAY ALSO CONSIDER DECREASES IN COMPENSATION, DEPENDING ON THE FISCAL HEALTH OF THE ORGANIZATION AND/OR JOB PERFORMANCE. BEFORE MAKING ANY COMPENSATION ADJUSTMENT IN EXCESS OF 5% (UP OR DOWN), THE BOARD SHALL ONCE AGAIN REVIEW COMPENSATION LEVELS AT OTHER MAINE NON-PROFIT ORGANIZATIONS TO GUIDE ITS DECISION.
FORM 990, PAGE 6, PART VI, LINE 15BALL OTHER STAFF ARE HIRED BY THE PRESIDENT. WHEN A NEW EMPLOYEE IS HIRED, COMPENSATION IS SET BY THE PRESIDENT BASED ON SEVERAL FACTORS, INCLUDING (BUT NOT NECESSARILY LIMITED TO): THE NEW EMPLOYEE'S SKILLS AND EXPERIENCE; EQUITY WITH OTHER MFT STAFF DOING SIMILAR WORK; AND A REVIEW OF COMPENSATION LEVELS FOR SIMILAR JOBS AT OTHER MAINE NON-PROFIT ORGANIZATIONS. FUTURE ADJUSTMENTS IN COMPENSATION MAY BE MADE BY PRESIDENT, NORMALLY FOLLOWING AN ANNUAL PERFORMANCE REVIEW AS PART OF THE ANNUAL BUDGET PROCESS. THE PRESIDENT MAY CONSIDER INCREASES IN COMPENSATION AS COST OF LIVING ADJUSTMENTS, AS THE RESULT OF CHANGES IN JOB DESCRIPTION, AND/OR TO REWARD EXCEPTIONAL JOB PERFORMANCE. IN EXTRAORDINARY CIRCUMSTANCES, THE PRESIDENT MAY ALSO CONSIDER DECREASES IN COMPENSATION.
FORM 990, PAGE 6, PART VI, LINE 19MAINE FARMLAND TRUST'S BOOKS AND RECORDS ARE AVAILABLE FOR INSPECTION BY THE PUBLIC UPON WRITTEN NOTICE AT LEAST 5 BUSINESS DAYS BEFORE THE DATE OF INSPECTION.
FORM 990, PART XI, LINE 9CHANGE IN VALUE BENE. INTEREST IN MCF 601,071 BOOK/TAX DIFFERENCE IN LIQUIDATION OF SUBSIDIARIES -44,120 TOTAL 556,951

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationInd
UNITY FOOD HUB MANAGEMENT LLC
97 MAIN STBELFASTME04915473061547FOOD HUBMEMEFARMTRC CORP$40,5331.00000false
UNITY FH-MM LLC
97 MAIN STBELFASTME04915474129446HOLDING REMEMEFARMTRC CORP-$738,9941.00000false
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (true)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (true)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
UNITY FOOD HUB MANAGEMENT LLC
B$10,000CASH
UNITY FOOD HUB MANAGEMENT LLC
A$43CASH
UFH-MM LLC
S$470,172CASH+APPRAISAL