2022-06-06T15:00:46-05:00 2021-12-31 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2021-01-01 010425071 Friends of Acadia FRIE 2072883340 PO Box 45 Bar Harbor ME 046090045 Jason Irwin Vice President/CFO 2072883340 2022-06-06 1 Jason Irwin 999009999 Barbara J McGuan CPA P00219457 2077752387 2022-06-06 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z Jack Kelly PO Box 45 Bar Harbor ME 046090045 18900137 0 X www.friendsofacadia.org X 1986 ME Preservation and protection of Acadia National Park 24 24 39 200 0 0 3946908 3995657 0 0 210762 4833769 388428 194341 4546098 9023767 1048255 1690961 0 0 2078221 2021219 0 0 525476 884023 1056069 4010499 4768249 535599 4255518 70297006 82291605 60580 60884 70236426 82230721 X Friends of Acadia preserves, protects, and promotes stewardship of the outstanding natural beauty, ecological vitality, and distinctive cultural resources of Acadia National Park and surrounding communities for the inspiration and enjoyment of current and future generations. 0 1 429716 290000 Friends of Acadia makes grants from its Acadia Trails Forever project fund to the ANP trails program to maintain the park's 153 miles of trails. Along with the usual erosion repair, and many special projects, some major work was accomplished in 2021 on the Hadlock Brook Trail, the Schooner Head Path, the Jordan Pond House Trails, the Canon Brook Trail, and the Long Pond Trail. 296356 200000 The Carriage Road maintenance grant makes possible the salaries of six Acadia National Park workers who perform regular maintenance of the park's 44 miles of historic carriage roads. In 2021, in addition to normal yearly upkeep, the Carriage Road crew joined the Roads crew and the park's Arborist to drastically change the Cadillac Mountain Entrance traffic pattern for the rollout of a new Reservation System. Trees were trimmed, pavement and traffic islands removed, booths were built and installed, power lines were buried, new pavement was laid and rolled, and signage was changed in time for the start of the new system in late May. 2766229 1200961 Additionally, Friends of Acadia contributes to a variety of community outreach events such as Take Pride in Acadia, National Trails Day, and Earth Day Roadside Clean-up. In partnership with Acadia National Park, Friends implements and contributes to other programs including the Summit Stewards, the Wild Garden of Acadia, the Acadia Winter Trails Association, invasive plant eradication, Acadia Quest, the Acadia Digital Media Team, the peregrine falcon and hawk watch program, Acadia Teacher Fellows Program, water quality monitoring and a volunteer program that typically contributes over 5,000 hours of time per year to help maintain Acadia's trails and carriage roads. 3492301 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 17 0 1 39 1 0 1 CJ LU 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL CA FL GA MD ME MN MS NH NJ NY OH PA WA NM NC X X Jason Irwin 2072883340 PO Box 45 Bar Harbor ME 046090045 Jack Kelly Chair 1.00 X X 0 0 0 Hannah Sistare Clark Vice Chair 1.00 X X 0 0 0 William C Eacho Treasurer 1.00 X X 0 0 0 David T Edson Secretary 1.00 X X 0 0 0 Mark Amstutz Director 1.00 X 0 0 0 Julie Banzhaf-Stone Director 1.00 X 0 0 0 Sam Coplon Director 1.00 X 0 0 0 Andrew Davis Director 1.00 X 0 0 0 John Fassak Director 1.00 X 0 0 0 Elsie Flemings Director 1.00 X 0 0 0 C Boyden Gray Director 1.00 X 0 0 0 Anne Green Director 1.00 X 0 0 0 Margaret Jeffery Director 1.00 X 0 0 0 David Katona Director 1.00 X 0 0 0 Rob Leary Director 1.00 X 0 0 0 Story Litchfield Director 1.00 X 0 0 0 Paul Mayewski Director 1.00 X 0 0 0 Cora Olgyay Director 1.00 X 0 0 0 Joan Pew Director 1.00 X 0 0 0 Laura Pierce Director 1.00 X 0 0 0 Edward L Samek Director 1.00 X 0 0 0 Hank Schmelzer Director 1.00 X 0 0 0 Christiaan van Heerden Director 1.00 X 0 0 0 Bill Zoellick Director 1.00 X 0 0 0 Emily Beck Past Director 1.00 X 0 0 0 Gail Clark Past Director 1.00 X 0 0 0 Eleanor Sullivan Past Director 1.00 X 0 0 0 David MacDonald President 40.00 X 156579 0 51368 Jason Irwin Vice President/CFO 40.00 X 110518 0 13856 Lisa Horsch Clark Director of Development 40.00 X 121901 0 49635 388998 0 114859 3 0 1 0 Goldman Sachs 200 West Street 39th Floor New York NY 10282 Asset Management 375502 1 701974 782890 2510793 93117 3995657 1096900 1096900 13521957 9785088 3736869 3736869 3736869 285623 782890 91282 194341 194341 9023767 0 0 5028110 1690961 1690961 332321 189423 63141 79757 1219290 694995 231665 292630 42595 24279 8093 10223 311513 177563 59187 74763 115500 65835 21945 27720 28358 28358 375502 375502 272477 160474 108509 3494 16036 10409 270 5357 196674 74429 78519 43726 116264 106300 9964 14733 8076 561 6096 62295 62295 14991 14991 Other Program Expenses 35288 26884 1633 6771 Dues & Subscriptions 14733 5833 7916 984 Overhead Distribution 0 363140 -356118 -7022 Reclass-Auction Expense -91282 -91282 4768249 3492301 750472 525476 X X 76866 72980 4862284 3583115 607919 234772 135 0 88278 21916 0 0 8090 0 64479002 78216412 174432 162410 70297006 82291605 60580 60884 60580 60884 X 7504469 10444743 62731957 71785978 70236426 82230721 70297006 82291605 4255518 7738777 0 X 1 X 1 X 1 0 X 5388089 3315303 3547168 3946908 3995657 20193125 5388089 3315303 3547168 3946908 3995657 20193125 2502646 17690479 900545 1175261 1181494 869288 1096900 5223488 651011 801064 766163 388428 194341 2801007 28217620 0.62690 0.64780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40118486 7033136 7316015 1447447 53020190 37656157 160621 3445790 1144082 40118486 31880907 1194504 5896602 1315856 37656157 34663601 1213020 -2298821 1696893 31880907 28330341 2413222 4678775 758737 34663601 0.00000 0.56020 0.43980 0 0 0 16487758 7738777 9434 91282 7839493 8648265 375502 375502 9023767 4493463 9434 91282 100716 4392747 375502 375502 4768249 Part V, Line 4: Friends of Acadia uses its endowment assets as an attempt to provide a predictable stream of funding to the programs supported by its endowments while seeking to maintain the purchasing power of the endowment assets. The investments aim to provide appropriate stewardship of Friends of Acadia's financial assets and secure long-term financial stability and income to support the Organization's commitments to Acadia National Park and Friends' operations and programs as budgeted annually by the investment and finance committee and approved by the Organization's board of directors. Part XI, Line 2d - Other Adjustments: Fundraising Expenses 91,282. Part XII, Line 2d - Other Adjustments: Fundraising Expenses 91,282. Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Investments 6188329 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Investments 2525502 0 0 0 0 0 0 8713831 0 8713831 1 0 1 1 1 0 Part III Accounting Method: 2021 Benefit Auction 1034223 782890 251333 9454 81828 15 34290 34290 1068513 782890 285623 9454 81828 91282 194341 1 Acadia National Park Route 233 Bar Harbor ME 04609 Governmental Entity 953622 0 Provide assistance to ensure the protection of the Acadia National Park region. Downeast Transportation PO Box 914 Ellsworth ME 04605 010371992 501(c)(3) 198000 0 Provide support for the Island Explorer propane buses serving Acadia National Park. Schoodic Institute at Acadia National Park PO Box 277 Winter Harbor ME 046930277 201054593 501(c)(3) 139135 0 Schoodic Education Adventure Grant 3 0 Part I, Line 2: The Organization maintains a policy designed to monitor the grant arrangements the Organization enters into. The Organization sends letters specifying what the grant is for and requesting a return letter that the grant will be used for the intended purpose. The Organization meets with Acadia National Park staff at least once per year. Park staff provide documentation of where and how grants were used. X 0 0 0 0 0 0 0 0 0 David MacDonald President 156579 0 0 0 0 0 8539 0 42829 0 207947 0 0 0 Lisa Horsch Clark Director of Development 121901 0 0 0 0 0 6806 0 42829 0 171536 0 0 0 X 27 Donor Estimate Value X 22 93117 Market Price X Trips/Travel 12 0 Donor Estimate Value X Auction Items 45 0 Donor Estimate Value 0 1 1 Part I, Line 32b: The Organization uses an auctioneer who donates their time to run the event. In addition, the Organization sells contributions of securities through its investment broker. All gifts of securities are sold as soon as administratively possible. Part I, Line 33: For various auctioned items, the Organization does not record revenue when items are donated, rather when the items are sold at the auction event. The donor estimated value of auctioned items was $187,917. Form 990, Part III, line 3 No programs were permanently discontinued, however, some did not run during 2021, or they ran at a significantly reduced capacity due to COVID-19. Form 990, Part VI, Section A, line 6 Those individuals who pay annual dues or make contributions in an amount set from time to time by the Board shall be known as Members of the Organization. Members do not have voting rights or any other power or authority to govern the Organization in any capacity. Form 990, Part VI, Section B, line 11b To maintain donor requests for anonymity, the complete 990 is reviewed by the Audit Committee that consists of five board members, including the Chair and Treasurer, neither of whom are Chair of the Committee. The President & CEO, Vice President of Finance and Administration also attend the meeting, and after discussion with the lead and managing auditors, the 990 is filed. Additionally, the Board of Directors is provided with a copy of the Public Disclosure copy prior to filing. Form 990, Part VI, Section B, line 12c Once a year, a disclosure form is mailed to each board member as well as the members of the development, investment, finance committees, and staff. Completion of the forms is required. Those who do not return the form are mailed another form and emailed a reminder. The answers are reviewed by the governance/nominating committee who report to the Board. If vote is called on a motion for which a board member has a conflict of interest they will recuse themselves from voting, or be asked to do so by the Chair. Form 990, Part VI, Section B, line 15 The policy of the Organization is to periodically use the Maine Association of Non-Profit's salary and benefits survey to review current positions and related salaries. Also taken into consideration is cost of living and rate of inflation statistics. The Executive Committee of the Friends of Acadia Board of Directors sets the President's salary. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Friends of Acadia P.O. Box 45 Bar Harbor, ME 04609 EIN 01-0425071 Friends of Acadia is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).