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
2023-01-01 to 2023-09-30
Filed
2024-04-10
IRS object ID
202401019349301720
Schema version
2023v5.0
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)
Return2024-04-10T13:32:03-04:00ReturnTs
Tax Period End2023-09-30TaxPeriodEndDt

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 Begin2023-01-01TaxPeriodBeginDt

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
Signature2024-04-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKRISTINPersonFirstNm
Person LastVARNUMPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRISTOPHER S HINDSPreparerPersonNm
PTINP01070796PTIN
Phone2079904585PhoneNum
Preparation2024-04-09PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

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$4,287,225GrossReceiptsAmt
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 Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers17TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$7,887,751PYContributionsGrantsAmt
CY Contributions Grants$3,976,468CYContributionsGrantsAmt
PY Program Service Revenue$3,256PYProgramServiceRevenueAmt
CY Program Service Revenue$2,099CYProgramServiceRevenueAmt
PY Investment Income$21,542PYInvestmentIncomeAmt
CY Investment Income$240,253CYInvestmentIncomeAmt
PY Other Revenue$5,128PYOtherRevenueAmt
CY Other Revenue$2,259CYOtherRevenueAmt
PY Total Revenue$7,917,677PYTotalRevenueAmt
CY Total Revenue$4,221,079CYTotalRevenueAmt
PY Grants And Similar Paid$570,464PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$233,700CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,529,558PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,560,874CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$453,359CYTotalFundraisingExpenseAmt
PY Other Expenses$4,031,136PYOtherExpensesAmt
CY Other Expenses$2,624,622CYOtherExpensesAmt
PY Total Expenses$7,131,158PYTotalExpensesAmt
CY Total Expenses$5,419,196CYTotalExpensesAmt
PY Revenues Less Expenses$786,519PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,198,117CYRevenuesLessExpensesAmt
Total Assets BOY$29,194,157TotalAssetsBOYAmt
Total Assets EOY$28,370,138TotalAssetsEOYAmt
Total Liabilities BOY$1,814,991TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,077,058TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$27,379,166NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$26,293,080NetAssetsOrFundBalancesEOYAmt
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$2,320,915ExpenseAmt
Revenue$2,099RevenueAmt
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 8 LAND PROTECTION PROJECTS, PROTECTING 856 ACRES OF LAND.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$478,783ExpenseAmt
Grant$228,700GrantAmt
DescFARMLAND BUSINESS PLANNING DIRECTLY SUPPORTED FARMERS WITH BUSINESS PLANNING, OFFERING TRAINING AND TECHNICAL ASSISTANCE TO FARMERS. THIS PERIOD, OUR FARM BUSINESS PLANNING PROGRAM SERVED 58 FARMS BUSINESSES THROUGH WORKSHOPS, TECHNICAL ASSISTANCE, AND GRANTS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$389,182ExpenseAmt
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 281 EASEMENTS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$1,160,456ExpenseAmt
Grant$5,000GrantAmt
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 PERIOD, OUR FARMLINK PROGRAM ASSURED THAT 92 ACRES OF TRANSITIONING FARMLAND REMAINED IN FARMING THROUGH FARM LINKS TO NEW FARMERS. (247,569 EXPENSES) CLIMATE AND SOIL HEALTH ORGANIZED A PEER-TO-PEER NETWORK OF MAINE FARMERS THAT SUPPORTED FARMS PROTECTED WITH AN MFT EASEMENT IN BUILDING SOIL HEALTH THROUGH ON-FARM RESEARCH, EDUCATION AND TECHNICAL EXPERTISE, AND FINANCIAL SUPPORT. THIS PERIOD, TECHNICAL ASSISTANCE WAS DELIVERED TO 46 FARM BUSINESSES PARTICIPATING IN OUR CLIMATE RESILIENCE PROGRAMMING. (164,926 EXPENSES) PFAS RESPONSE DIRECTLY SUPPORTED FARMERS AFFECTED BY PFAS BY PROVIDING EDUCATION, TECHNICAL ASSISTANCE, AND GRANTS TO SUPPORT FARMS AFFECTED BY PFAS. APPROXIMATELY 26 FARMS WERE DIRECTLY SUPPORTED DURING THE PERIOD. (80,652 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. (304,212 EXPENSES) EDUCATION & 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, INCLUDING FILM SHOWINGS, FOOD EVENTS, ART EXHIBITS, ETC. (363,097 EXPENSES)Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$1,160,456TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$5,000TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$4,349,336TotalProgramServiceExpensesAmt
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 SecYes (true)ReportInvestmentsOtherSecInd
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 RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
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 Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
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 Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
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
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
NICK ARMENTROUT
DIRECTOR2.00Yes (X)$0$0$0
JASON BOLTON
DIRECTOR1.00Yes (X)$0$0$0
DAVE COLSON
VICE CHAIR4.00Yes (X)$0$0$0Yes (X)
STEVE CRANE
DIRECTOR1.50Yes (X)$0$0$0
MEREDITH EILERS
CHAIR4.00Yes (X)$0$0$0Yes (X)
CAITLYN FRAME
DIRECTOR1.50Yes (X)$0$0$0
JUSTIN JAMISON
TREASURER4.00Yes (X)$0$0$0Yes (X)
MARGOT ANNE KELLY
SECRETARY3.50Yes (X)$0$0$0Yes (X)
SUSAN MORRIS
DIRECTOR2.00Yes (X)$0$0$0
TAYLOR MUDGE
DIRECTOR2.00Yes (X)$0$0$0
JON OLSON
DIRECTOR2.00Yes (X)$0$0$0
AMY FISHER
PRESIDENT40.00$0$0$0Yes (X)
KRISTIN VARNUM
VP/CFO40.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Membership Dues$80,572MembershipDuesAmt
All Other Contributions$3,895,896AllOtherContributionsAmt
Noncash Contributions$66,146NoncashContributionsAmt
Total Contributions$3,976,468TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescINTEREST ON PROGRAM LOANSDesc
Total Revenue Column$2,099TotalRevenueColumnAmt
Related Or Exempt Func Income$2,099RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$2,099TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$240,646TotalRevenueColumnAmt
Exclusion$240,646ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$65,753SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$66,146SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$393SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$393TotalRevenueColumnAmt
Exclusion-$393ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Total Revenue Column$2,259TotalRevenueColumnAmt
Exclusion$2,259ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,259OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,221,079TotalRevenueColumnAmt
Related Or Exempt Func Income$2,099RelatedOrExemptFuncIncomeAmt
Exclusion$242,512ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$233,700TotalAmt
Program Services$233,700ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$267,388TotalAmt
Program Services$201,934ProgramServicesAmt
Management And General$35,658ManagementAndGeneralAmt
Fundraising$29,796FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,932,375TotalAmt
Program Services$1,318,891ProgramServicesAmt
Management And General$315,604ManagementAndGeneralAmt
Fundraising$297,880FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$48,174TotalAmt
Program Services$32,305ProgramServicesAmt
Management And General$8,829ManagementAndGeneralAmt
Fundraising$7,040FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$153,872TotalAmt
Program Services$117,161ProgramServicesAmt
Management And General$19,883ManagementAndGeneralAmt
Fundraising$16,828FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$159,065TotalAmt
Program Services$110,891ProgramServicesAmt
Management And General$24,880ManagementAndGeneralAmt
Fundraising$23,294FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$137,301TotalAmt
Program Services$122,511ProgramServicesAmt
Management And General$14,790ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$32,698TotalAmt
Management And General$32,698ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$160,426TotalAmt
Program Services$145,508ProgramServicesAmt
Management And General$11,812ManagementAndGeneralAmt
Fundraising$3,106FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$14,827TotalAmt
Program Services$14,503ProgramServicesAmt
Management And General$324ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$51,989TotalAmt
Program Services$40,355ProgramServicesAmt
Management And General$5,815ManagementAndGeneralAmt
Fundraising$5,819FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$89,253TotalAmt
Program Services$61,067ProgramServicesAmt
Management And General$10,627ManagementAndGeneralAmt
Fundraising$17,559FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$81,467TotalAmt
Program Services$63,419ProgramServicesAmt
Management And General$8,823ManagementAndGeneralAmt
Fundraising$9,225FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$71,093TotalAmt
Program Services$52,314ProgramServicesAmt
Management And General$12,790ManagementAndGeneralAmt
Fundraising$5,989FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$10,524TotalAmt
Program Services$8,269ProgramServicesAmt
Management And General$2,255ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$31,162TotalAmt
Program Services$21,674ProgramServicesAmt
Management And General$4,928ManagementAndGeneralAmt
Fundraising$4,560FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$28,072TotalAmt
Program Services$26,309ProgramServicesAmt
Fundraising$1,763FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PURCHASED EASEMENTS$1,531,181$1,531,181
FIORE ART CENTER EXPS$49,327$49,327
EDUCATION AND CONFERENCES$47,902$14,525$32,054$1,323
FARM BUSINESS PLANNING$45,176$45,176

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$242,224TotalAmt
Program Services$187,643ProgramServicesAmt
Management And General$25,404ManagementAndGeneralAmt
Fundraising$29,177FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,419,196TotalAmt
Program Services$4,349,336ProgramServicesAmt
Management And General$616,501ManagementAndGeneralAmt
Fundraising$453,359FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$520,339BOYAmt
EOY$247,389EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$10,605,508BOYAmt
EOY$7,700,016EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$243,745BOYAmt
EOY$1,445,079EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$242,109EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$761,820BOYAmt
EOY$755,969EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,871BOYAmt
EOY$46,290EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,518,146LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$326,107LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,212,254BOYAmt
EOY$1,192,039EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$2,364,980BOYAmt
EOY$2,404,980EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$28,181BOYAmt
EOY$73,412EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$13,455,459BOYAmt
EOY$14,262,855EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$29,194,157BOYAmt
EOY$28,370,138EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$340,143BOYAmt
EOY$585,558EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$700,715BOYAmt
EOY$680,185EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$774,133BOYAmt
EOY$804,990EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
EOY$6,325EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,814,991BOYAmt
EOY$2,077,058EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$20,832,032BOYAmt
EOY$20,217,731EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,547,134BOYAmt
EOY$6,075,349EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$27,379,166BOYAmt
EOY$26,293,080EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$29,194,157BOYAmt
EOY$28,370,138EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$1,198,117ReconcilationRevenueExpnssAmt
Prior Period Adjustments$7,772PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$104,259OtherChangesInNetAssetsAmt
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$11,021,893CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,494,634CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$10,563,109CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,887,751CurrentTaxYearMinus1YearAmt
Current Tax Year$3,976,468CurrentTaxYearAmt
Total$38,943,855TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,021,893CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,494,634CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$10,563,109CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,887,751CurrentTaxYearMinus1YearAmt
Current Tax Year$3,976,468CurrentTaxYearAmt
Total$38,943,855TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$5,659,786SubstantialContributorsTotAmt
Public Support Total170$33,284,069PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$69,675CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$22,715CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$30,270CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$50,146CurrentTaxYearMinus1YearAmt
Current Tax Year$240,646CurrentTaxYearAmt
Total$413,452TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,622CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus1 Year$4,128CurrentTaxYearMinus1YearAmt
Total$6,750TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,006CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,094CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,925CurrentTaxYearMinus2YearsAmt
Current Tax Year$2,259CurrentTaxYearAmt
Total$16,284TotalAmt
FieldValueIRS element (for citing)
Total Support$39,380,341TotalSupportAmt
Gross Receipts Rltd Activities$156,638GrossReceiptsRltdActivitiesAmt
Public Support CY1700.84520PublicSupportCY170Pct
Public Support PY1700.85010PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART II, LINE 10FormAndLineReferenceDesc
ExplanationMISCELLANEOUS INCOME 16,284 RETURNED GRANTS 0ExplanationTxt

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$711FilingOrganizationsTotalAmt

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$3,488FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$4,199FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$5,415,001FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$5,419,200FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$420,960FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$105,240FilingOrganizationsTotalAmt

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$420,960CurrentYearAmt
Total$1,794,379TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$2,691,569LobbyingCeilingAmt

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$4,199CurrentYearAmt
Total$15,254TotalAmt

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$105,240CurrentYearAmt
Total$448,596TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$672,894GrassrootsCeilingAmt

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$711CurrentYearAmt
Total$5,896TotalAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Protection Natural HabitatYes (X)ProtectionNaturalHabitatInd
Preservation Open SpaceYes (X)PreservationOpenSpaceInd
Total Easements286TotalEasementsCnt
Total Acreage42247.16TotalAcreageCnt
Modified Easements4ModifiedEasementsCnt
States Easements Held1StatesEasementsHeldCnt
Written Policy MonitoringYes (true)WrittenPolicyMonitoringInd
Staff Hours Spent Enforcement8379.00StaffHoursSpentEnforcementCnt
Expenses Incurred Enforcement$379,495ExpensesIncurredEnforcementAmt

CY Endwmt Fund CYEndwmtFundGrp

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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$22,953BeginningYearBalanceAmt
Investment Earnings Or Losses$2,583InvestmentEarningsOrLossesAmt
Other Expenditures$9,190OtherExpendituresAmt
Administrative Expenses$269AdministrativeExpensesAmt
End Year Balance$16,077EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$20,242BeginningYearBalanceAmt
Investment Earnings Or Losses$2,953InvestmentEarningsOrLossesAmt
Administrative Expenses$242AdministrativeExpensesAmt
End Year Balance$22,953EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Endowments Held Unrelated OrgYes (true)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$257,965OtherCostOrOtherBasisAmt
Book Value$257,965BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,124,205OtherCostOrOtherBasisAmt
Depreciation$224,326DepreciationAmt
Book Value$899,879BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$113,372OtherCostOrOtherBasisAmt
Depreciation$85,044DepreciationAmt
Book Value$28,328BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$22,604OtherCostOrOtherBasisAmt
Depreciation$16,737DepreciationAmt
Book Value$5,867BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,192,039TotalBookValueLandBuildingsAmt

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

FieldValueIRS element (for citing)
Book Value$2,404,980BookValueAmt
Method ValuationCMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$2,404,980TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (5 entries)

DescDescBook ValueBookValueAmt
ARTWORK HELD FOR SALE$8,600,800
BENE INT IN ASSETS HELD BY OTHERS$5,021,643
FARMS AND FARMLAND$578,392
OTHER AMTS DUE - UNITY FOOD HUB, LLC$45,000
LOAN RECEIVABLE- UNITY FOOD HUB MGMT$17,020
FieldValueIRS element (for citing)
Total Book Value Other Assets$14,262,855TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDEPOSITSDesc
Amt$6,325Amt
FieldValueIRS element (for citing)
Total Liability$6,325TotalLiabilityAmt

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 4QUASI-ENDOWMENT FUND EARNINGS ARE INTENDED TO BENEFIT THE GENERAL OPERATIONS OF THE ORGANIZATION.
SCHEDULE D, PAGE 4, PART XIIISUPPLEMENT TO FORM 990 SCHEDULE D, PART II, LINE 3: EASEMENT MODIFICATIONS: 1.CASTONGUAY, LIVERMORE FALLS. THE EASEMENT WAS ACQUIRED VIA MFT'S BUY/PROTECT/SELL PROGRAM ON 12/20/2013. THE LANDOWNER ACTED ON THEIR RESERVED RIGHT TO ESTABLISH A FARMSTEAD AREA AND AN AGRICULTURAL STRUCTURES AREA. AS REQUIRED BY THE TERMS OF THE EASEMENT, A SUPPLEMENT WAS RECORDED TO FORMALLY ESTABLISH THE LOCATIONS OF THESE BUILDING AREAS. THE SUPPLEMENT WAS EXECUTED ON 2/14/2023. THE PROPERTY IS APPROXIMATELY 194 ACRES. 2.ELWELL-FLANAGAN, BUXTON. THE EASEMENT WAS DONATED TO MFT ON 12/2/2011. A NEW UTILITY POLE WAS INSTALLED WITHIN THE FARMSTEAD AREA AND THE POWER COMPANY REQUIRED A UTILITY EASEMENT GRANTING THEM THE RIGHT TO MAINTAIN VEGETATION AROUND THE POLE. THE UTILITY EASEMENT LANGUAGE IN THE EASEMENT GAVE MFT THE SOLE RIGHT TO GRANT UTILITY EASEMENTS ON THE PROPERTY. MFT DETERMINED THAT THIS WAS A DRAFTING ERROR AND OUR LEGAL COUNSEL ADVISED AMENDING THE EASEMENT TO REPLACE "HOLDER" WITH "GRANTOR" IN THE RELEVANT SECTION. A CORRECTIVE AMENDMENT WAS EXECUTED ON 3/16/2023. THE PROPERTY IS APPROXIMATELY 65 ACRES. 3.BIRCH GROVE, WHITEFIELD. THE EASEMENT WAS DONATED TO MFT ON 10/18/2007. IN 2020, STAFF ASSESSED THE BOUNDARY OF FARMSTEAD AREA 1 AND DETERMINED THAT EXHIBIT C OF THE EASEMENT DID NOT ALIGN WITH THE CORNER MARKERS SET AT THE TIME OF EASEMENT GRANTING. A CORRECTIVE AMENDMENT TO RECORD AN ACCURATE EXHIBIT C WAS EXECUTED ON 6/16/2023. 4.DUNNING, HARPSWELL. THE EASEMENT WAS DONATED TO MFT ON 12/18/2008. THE IRS PROVIDED NEW GUIDANCE FOR TAX-DEDUCTIBLE EASEMENT LANGUAGE AND PROVIDED A "SAFE HARBOR" PERIOD DURING WHICH EASEMENTS COULD BE AMENDED TO ALIGN WITH THE NEW GUIDANCE. AN AMENDMENT TO ENSURE THAT THE EASEMENT ALIGNED WITH THIS NEW GUIDANCE WAS EXECUTED ON 7/20/2023.

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
BALFOUR FARM
461 WEBB RDPITTSFIELDME04967$65,000IMPLEMENTATION
SAP HOUND MAPLE COMPANY
P O BOX 124BROWNFIELDME04010$65,000IMPLEMENTATION
BAHNER FARM
153 AUGUSTA RDBELMONTME04952$50,000IMPLEMENTATION
DHARMA FARM
175 CALDERWOOD RDWASHINGTONME04574$46,700IMPLEMENTATION

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 M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution4ContributionCnt
Noncash Contributions Rpt F990$66,146NoncashContributionsRptF990Amt
Method Of Determining RevenuesMEAN VALUE ACTIVE MARKETMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received3Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990SUPPLEMENT TO SCHEDULE R, PART IV: THE AMOUNTS IN COLUMNS (F) AND (G) ARE BLANK BECAUSE OF THE SHORT-YEAR PERIOD. THE SUBSIDIARIES' TAX YEAR ENDS IN DECEMBER, THUS THERE IS NO TAX YEAR ENDING WITHIN THE 9 MONTHS ENDED SEPTEMBER 30, 2023.
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 PERIOD, OUR FARMLINK PROGRAM ASSURED THAT 92 ACRES OF TRANSITIONING FARMLAND REMAINED IN FARMING THROUGH FARM LINKS TO NEW FARMERS. (247,569 EXPENSES) CLIMATE AND SOIL HEALTH ORGANIZED A PEER-TO-PEER NETWORK OF MAINE FARMERS THAT SUPPORTED FARMS PROTECTED WITH AN MFT EASEMENT IN BUILDING SOIL HEALTH THROUGH ON-FARM RESEARCH, EDUCATION AND TECHNICAL EXPERTISE, AND FINANCIAL SUPPORT. THIS PERIOD, TECHNICAL ASSISTANCE WAS DELIVERED TO 46 FARM BUSINESSES PARTICIPATING IN OUR CLIMATE RESILIENCE PROGRAMMING. (164,926 EXPENSES) PFAS RESPONSE DIRECTLY SUPPORTED FARMERS AFFECTED BY PFAS BY PROVIDING EDUCATION, TECHNICAL ASSISTANCE, AND GRANTS TO SUPPORT FARMS AFFECTED BY PFAS. APPROXIMATELY 26 FARMS WERE DIRECTLY SUPPORTED DURING THE PERIOD. (80,652 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. (304,212 EXPENSES) EDUCATION & 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, INCLUDING FILM SHOWINGS, FOOD EVENTS, ART EXHIBITS, ETC. (363,097 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 VIITHE AMOUNTS IN PART VII, COLUMN (D) FOR AMY FISHER AND KRISTIN VARNUM ARE ZERO DUE TO THE SHORT-YEAR PERIOD. THERE IS NO 'REPORTABLE COMPENSATION' BECAUSE NO W-2 FORM WAS ISSUED DURING THE 9 MONTHS ENDED SEPTEMBER 30, 2023.
FORM 990, PART XI, LINE 9CHANGE IN VALUE BENE. INTEREST IN MCF 104,259

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 TypeEntityTypeTxtOwnershipOwnershipPctControlled OrganizationControlledOrganizationInd
UNITY FOOD HUB MANAGEMENT LLC
97 MAIN STBELFASTME04915473061547FOOD HUBMEMEFARMTRC CORP1.00000false
UNITY FH-MM LLC
97 MAIN STBELFASTME04915474129446HOLDING REMEMEFARMTRC CORP1.00000false
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 OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
UNITY FOOD HUB MANAGEMENT LLC
B$40,000CASH
UNITY FOOD HUB MANAGEMENT LLC
A$128CASH