2021-11-15T14:53:02-06:00 2020-12-31 042943536 Tonneson & Company PC 401 Edgewater Place Suite 300 Wakefield MA 018806208 990 2020-01-01 046001677 Appalachian Mountain Club APPA 6175230636 10 City Square Boston MA 02129 Charles W Johnston Jr CFO 6175230655 2021-11-15 1 Charles Johnston Jr 999009999 Heidi E MacLean P00840184 7812459999 2021-11-15 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Charles W Johnston Jr 10 City Square Boston MA 02129 24168171 0 X www.outdoors.org X 1876 MA AMC is dedicated to the protection, enjoyment, and understanding of the outdoors. 24 23 479 5000 13455 8209 16329863 13519883 16291660 4723497 1857990 3531590 945425 999161 35424938 22774131 0 0 0 0 17937778 15063592 0 0 2021758 14059203 10888218 31996981 25951810 3427957 -3177679 176694904 187970227 18312840 18488226 158382064 169482001 X Since 1876, the Appalachian Mountain Club has promoted the protection, enjoyment, and understanding of the mountains, forests, waters, and trails of the Appalachian region. We are the nation's oldest outdoor recreation and conservation organization. 0 0 9365866 3467960 Outdoor Program Centers - The Appalachian Mountain Club (the AMC) manages more than 40 outdoor program centers and backcountry facilities, including lodges, mountain huts, full-service camps, cabins, shelters and campgrounds. These AMC facilities serve as a base for 4-season recreational activities, nature and environmental education courses, programs, scientific research, outdoor artistic pursuits, and other conservation-related activities. Visitors and overnight guests enjoy a broad range of walk-on programs, guided naturalist activities, outdoor recreational safety and skill building workshops, and backcountry activities to choose from. AMC facilities *Refer to Schedule O, Page 42 for Continuation*Outdoor Program Centers (Continued):are managed to reduce environmental impact by providing environmentally sensitive septic systems, composting, public drinking water, and overnight accommodations (some near treeline and in sensitive alpine areas) in areas where camping would have severe effects on the alpine plant life. The AMC facilities provide information and education on the local environment, recreational opportunities, outdoor safety, trails, and emergency shelter. The AMC staff also participates in search-and-rescue efforts throughout the White Mountains of NH and other regions. In 2020, the AMC provided 52,165 overnight guest accommodations at its facilities and information and other services to more than 2 million visitors. 2536347 122200 Membership - The Appalachian Mountain Club (the AMC) members provide the grassroots network through which the AMC delivers its programming on a local level throughout our 12 state and district regions. The more than 430,000 members, advocates and supporters of the AMC provide a base of volunteers for trail projects, local clean-up and conservation projects, outdoor education and safety instruction. These members and volunteers organize and lead thousands of recreational outings and provide the local governance structure for the 12 local AMC chapters. Member dues and participation in the above mentioned activities provide a critical base of support for carrying out the AMC mission. 2667940 69674 Conservation Research and Policy - The Appalachian Mountain Club (the AMC) actively fosters the protection, enjoyment and understanding of the outdoors. The AMC's Research and Policy Program conducts analyses of natural ecosystems to guide our efforts to protect natural and recreational resources from Maine to Virginia. This includes studying changes in land cover and land use and the impactof these changes on ecological and recreational resources; monitoring air quality and climate change impacts on Northeastern mountain ecosystems; analyzing in-stream flow criteria and hydroelectric dam operation impacts on river ecosystems and recreational resources; developing methods to reduce recreational user impacts on the region's *Refer to Schedule O, Pages 42-43 for Continuation*Conservation Research and Policy (Continued):mountains and trails; and studying the benefits and impacts of different transportation options and energy sources, including renewable energy, on the ecosystems of concern to the AMC. Achievements are exemplified by the development and successful implementation of the recovery plan for an alpine plant formerly listed on the federal endangered species list, publication of a national award winning "Ecological Atlas of the Upper Androscoggin Watershed", adoption by states of elements of AMC's wind power and solar siting guidelines and AMC's successful citizen science mountain monitoring program, Northeast Alpine Flower Watch and Flower and Fauna of the White Mountain National Forest.The AMC's Research and Policy program also works with conservation partners and local communities to build grassroots support for priority conservation projects. The Research and Policy Program participates in and comments on formal resource management programs and decisions at the local, state, and federal level; consults with industry and land owners to find equitable solutions to environmental problems; advocates for state and federal land protection, clean air, climate and energy policies, and trails funding, and facilitates member and public participation in local, state and federal environmental issues and policy. AMC's strategy for land conservation in the 100-Mile Wilderness region in Maine includes addressing regional ecological and economic needs through outdoor recreation, resource protection, sustainable forestry and community partnerships. 6640894 1150473 1. Education Program - In a typical year, the Appalachian Mountain Club (the AMC) works with approximately 80,000 young people each year through guided and self-guided programs designed to make the outdoors and the environment accessible and meaningful to people from all socioeconomic backgrounds. Due to COVID-19 this number was significantly reduced in 2020. Our programs serve participants from Maine to New Jersey and include day and overnight school programs (grades K-12), walk-on activities offered to families coming through the AMC's huts and lodges, weekend long skill-based trainings, to one to three-week outdoor summer adventures. Across programs, hands-on experiences teach participants how to enjoy the outdoors through skills-building and improved understanding of the natural world as well as how to minimize their impact on the environment. The AMC is also a national provider of Master Educator training in Leave No Trace principles. 2. Trails Program - The AMC staff and more than 4,000 volunteers are engaged in on-the-ground recreation management and trail maintenance on 1,823 miles of trails, including more than 300 miles of the Appalachian National Scenic Trail in five states. Many of these trails are on public lands, including the White Mountain National Forest, Delaware Water Gap National Recreation Area, Acadia National Park, and state parks throughout the region. The AMC offers a broad range of trail volunteer opportunities, including an adopt-a-trail program, teen trail crew programs, and volunteer vacations for adults interested in giving back through trail stewardship, amoung others. 3. Publications/Communications - The AMC encourages safe and responsible outdoor recreation and environmental stewardship through a variety of publications, including our quarterly AMC Outdoors magazine, which concluded in June 2020 and was replaced by the Outdoors Bulletin, semi-annual Appalachia journal (the nation's longest running journal on mountaineering and conservation), and numerous retail books, maps, and field guides. Each publication stresses safety and stewardship and encourages volunteerism. Our website (www.outdoors.org) serves as an online resource for members and non-members seeking the latest information on outdoor adventures, lodging and program opportunities, backcountry conditions, volunteer opportunities, and outdoors skill-building. 6640894 1150473 21211047 1 1 0 1 0 0 0 1 0 1 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 160 0 1 479 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 24 23 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CT ME MD MA NH NJ NY PA RI VA VT X X X Charles W Johnston Jr 6173916624 10 City Square Boston MA 02129 Elizabeth Ehrenfeld Chair 2.00 X X 0 0 0 Yvette Austin Smith Vice Chair 2.00 X X 0 0 0 Ann Lesk Secretary 2.00 X X 0 0 0 Lois Rothenberger Treasurer 2.00 X X 0 0 0 Greg Agran Director 2.00 X 0 0 0 Charles Arsenault Director 2.00 X 0 0 0 William Burgess Director 2.00 X 0 0 0 Cindy Butts Director 2.00 X 0 0 0 Birgitta Dickerson Director 2.00 X 0 0 0 Michael Feldberg Director 2.00 X 0 0 0 Laurie Gabriel Director 2.00 X 0 0 0 Scott Livingston Director 2.00 X 0 0 0 Kathleen McCarragher Director 2.00 X 0 0 0 P Andrews McLane Director 2.00 X 0 0 0 John Mullens Director 2.00 X 0 0 0 Elizabeth Munro Director 2.00 X 0 0 0 Joe Princi Director 2.00 X 0 0 0 Rachel Rowe Director 2.00 X 0 0 0 Stephen Rushmore Director 2.00 X 0 0 0 Samarjit Shankar Director 2.00 X 0 0 0 Stephen Smith Director 2.00 X 0 0 0 Bill Tyree Director 2.00 X 0 0 0 Marty Wallace Director 2.00 X 0 0 0 John Judge President & Chief Executive Officer 35.00 X X 332537 0 22560 Jennifer Norris VP & Chief Development Officer 35.00 X 182904 0 7479 Charles W Johnston Jr VP & Chief Financial Officer 35.00 X 168010 0 20853 Paul Cunha VP Outdoor Program Centers 35.00 X 157409 0 21564 Susan Arnold VP for Conservation 35.00 X 145405 0 11529 Rebecca Rollins VP & Chief Comm. & Marketing Officer 35.00 X 128266 0 9218 Walter Graff Senior Vice President 35.00 X 74076 0 6481 Gary Gresh Director of Major Gifts 35.00 X 132114 0 22431 John Kelly Lead Web Developer/Architect 35.00 X 136755 0 15682 Margaret McNamara Dir. of Corp. & Foundation Relations 35.00 X 125035 0 17716 Carolyn Whipple Fraser Major Gifts Officer 35.00 X 118472 0 16119 Heather Clish Dir. of Conserv. & Recreation Policy 35.00 X 117265 0 9573 1818248 0 181205 19 0 1 0 Federal Direct 95 Main Avenue Clifton NJ 07014 Printing/Outside Mailing Service 472002 Building Operations LLC 434 Mammoth Road Pelham NH 03076 Construction, Property Management 220648 Cambridge Associates LLC PO Box 83232 Chicago IL 60691 Investment Management 207250 William W London & Sons Inc 50 High Street PO Box 36 Milo ME 04463 Construction 182835 Gupta Media Holdings LLC 200 Berkeley Street 7th Floor Boston MA 02116 Marketing 139048 10 2513102 1687186 9319595 594750 13519883 Outdoor Program Centers 721000 3467960 3467960 Trails 713990 170330 170330 Education 611710 136540 136540 Membership 900099 122200 122200 Advertising 541800 4246 4246 822221 822221 4723497 3531590 9209 3522381 718115 718186 -71 -71 -71 1584030 675854 908176 908176 Insurance Proceeds 900099 91056 91056 91056 22774131 4810307 13455 4430486 1295756 477299 628074 190383 10738900 9355182 510827 872891 520783 416627 52078 52078 1602252 1279718 165924 156610 905901 624597 207826 73478 36146 11590 24556 81835 81835 893828 458198 358289 77341 136930 127973 5125 3832 1438148 1217805 11823 208520 505315 313666 81220 110429 801492 787362 13931 199 89743 75578 5079 9086 131640 70401 10254 50985 126118 126118 2499310 2118711 347742 32857 574531 480041 58074 36416 Repairs & Maintenance 645146 644817 329 Program & Volnt Support 601030 601030 Food & Bev. Supplies 520775 520775 Printing & Publications 395729 270650 2146 122933 1410502 1232909 153873 23720 25951810 21211047 2719005 2021758 5029699 5583797 8497657 7649179 3812246 2940092 662496 453082 8660730 8660730 884869 794516 10480604 13041280 92880957 27864378 66076708 65016579 49616588 55559023 22973307 28271949 176694904 187970227 1956567 1951019 3988368 4084794 12367905 12452413 18312840 18488226 X 131565755 142467155 26816309 27014846 158382064 169482001 176694904 187970227 X -3177679 10996016 3281600 X X 0 1 X 1 1 1 X 15246890 13976519 22237776 16329863 13519883 81310931 15246890 13976519 22237776 16329863 13519883 81310931 8371318 72939613 964045 3709722 5804597 2628579 4249705 17356648 98667579 66318025 0.73920 0.75520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 118335 49220 167555 25784255 25951810 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 164360 208437 201529 167555 741881 250000 250000 250000 250000 1000000 1500000 101895 128617 133265 118335 482112 Part I-A, Line 1: The Organization has not participated in any political campaign activity, either directly or indirectly. X X 0 0 69704619 62675 13390310 2914522 208500 80034582 60863607 57243 11812805 2843036 186000 69704619 66433031 -58924 -2621543 2715794 173163 60863607 59789063 405080 9018727 2628589 151250 66433031 58418226 369825 3711515 2555503 155000 59789063 0.75997 0.04901 0.19102 1 0 26681594 26681594 55995243 22132258 33862985 7679217 5202243 2476974 2524903 529877 1995026 65016579 Private Partnerships 27519296 F Split Interest Agreements 752653 F 28271949 X 38545787 10996016 3381600 14377616 24168171 -1394040 -1394040 22774131 27306340 1494040 1494040 25812300 139510 139510 25951810 Part III, Line 1a: AMC Library & Archive Collection: Collection items are primary and secondary source documents, institutional records, and artifacts related to the historical programs of the AMC, which are catalogued and preserved for educational and research purposes. No collection items were capitalized as of December 31, 2020 and 2019. Part III, Line 4: The AMC Library & Archives have been an integral part of the AMC since the AMC's founding year. They anchor a remarkable landscape in which the past lies alongside the present and future of the AMC and the Northeast outdoors. The Library's collection consists of over 2,500 monograph and serial titles. It represents one of the most extensive outdoor recreation book collections in the Northeast and counts among its holdings works on the history of mountaineering, early climbing expeditions, and early explorations. The book collection also contains a vast amount of background information on environmental issues and outdoor activities. At the center of the historical book collection is the Kilbourne Collection of over 500 books on the White Mountains of New Hampshire. Other mountain areas of the Northeast are also well documented. The library has no less than 22 titles on Mount Katahdin alone! The Archive's collection consists of meeting minutes, annual reports, AMC bulletins and journals, scrapbooks, climbing journals, manuscripts, summit registers, photographic works, films, memorabilia, and maps. Logbooks that are no longer sound enough to reside in the AMC's historic White Mountain huts can be found here, recording the thoughts and feelings of mountain travelers from decades past. The Archives are particularly rich in visual images, with well over 20,000 images covering the 1870's to the present. The library owns an extensive collection of lantern slides documenting the AMC's early history, and hundreds of postcards and stereograph cards with views of the mountains of the Northeast. The Frederick Endicott and Ralph C. Larrabee photo collections contain hundreds of photographs by these two local photographers of the White Mountains and Adirondacks taken between 1895 and 1935. The historic map collection consists of cartographer Edward G. Chamberlain's detailed maps and itineraries documenting the AMC outings from 1876 to 1935. Other maps include contemporary and historic maps of the Northeast, and those published in conjunction with our many guidebooks. The Library & Archives are strongly linked to the AMC's mission. They help to build awareness of the AMC using the club's images and information in a wide range of publications, educational programming, and display materials. The Library & Archives support all departments in their historical documentation needs from preserving their departmental records to providing materials for AMC's magazine, journal, website, marketing campaigns, development efforts, programming, lodging, and the like. The long history of the organization that is housed by the Library & Archives lends credibility and understanding to the Club's current organization and its initiatives. Part V, Line 4: The purpose of the AMC's endowment funds is to serve as a perpetual source of financial support for the Club's programs and activities. The financial goal of these funds is to preserve their purchasing power by investing in a diverse portfolio of equity and fixed income securities while, at the same time, providing a reasonable level of annual cash flow to the Club. Permanently restricted endowment funds are subject to donor stipulations requiring such gifts be invested in perpetuity and only the income earned on the invested gifts can be expended. Use of term endowments proceeds are limited to either specific program activities or designated periods of time as stipulated by the donor. Board designated endowment funds, commonly known as unrestricted endowments, can only be expended pursuant to approval of AMC's Board of Directors. Part X, Line 2: In determining recognition of uncertain tax positions, the AMC recognizes the financial statement impact of a tax position when it is more likely than not that the position will be sustained upon examination by a taxing authority. As of December 31, 2020, the AMC has no uncertain tax positions that qualify for either recognition or disclosure in the consolidated financial statements. Part XI, Line 2d - Other Adjustments: Unemployment Forgiveness 100,000. PPP Loan Forgiveness 3,281,600. Part XI, Line 4b - Other Adjustments: Cost of Merchandise Sold -675,854. Rental Expenses -718,186. Part XII, Line 2d - Other Adjustments: Cost of Merchandise Sold 675,854. Rental Expenses 718,186. Unemployment Forgiveness 100,000. Part XII, Line 4b - Other Adjustments: Huber Depreciation and Depletion 139,510. X X X X 1 0 0 0 0 0 0 0 0 John Judge President & Chief Executive Officer 327731 0 0 0 4806 0 22560 0 0 0 355097 0 0 0 Jennifer Norris VP & Chief Development Officer 182294 0 0 0 610 0 7299 0 180 0 190383 0 0 0 Charles W Johnston Jr VP & Chief Financial Officer 166959 0 0 0 1051 0 13776 0 7077 0 188863 0 0 0 Paul Cunha VP Outdoor Program Centers 155935 0 0 0 1474 0 12733 0 8831 0 178973 0 0 0 Susan Arnold VP for Conservation 144108 0 0 0 1297 0 11529 0 0 0 156934 0 0 0 Gary Gresh Director of Major Gifts 131312 0 0 0 802 0 8309 0 14122 0 154545 0 0 0 John Kelly Lead Web Developer/Architect 136588 0 0 0 167 0 4617 0 11065 0 152437 0 0 0 Part I, Line 4a Rebecca Rollins - $35,200 severance package, included in reportable compensation per 990 Part VII, Section A, Line 1a. John Kelly - $24,660 severance package, included in reportable compensation per 990 Part VII, Section A, Line 1a. X 76 594750 Avg of high & low price 0 1 0 Form 990, Part VI, Section A, line 6 AMC has approximately 90,000 members, primarily in the Northeast. Form 990, Part VI, Section A, line 7a The members elected the Board of Directors at the AMC Annual Meeting held on January 24, 2020. Form 990, Part VI, Section A, line 7b Decisions of the Board subject to approval by members include annual elections of individuals to the Board, and changes to the Bylaws. Form 990, Part VI, Section B, line 11b A special committee comprised of the AMC Board Chair and AMC Finance Committee Chair plus AMC's Chief Financial Officer and President is responsible for overseeing the preparation of IRS Form 990 (990). The 990 and its supporting schedules was prepared by the public accounting firm, Tonneson + Co (Tonneson), responsible for auditing the AMC's financial statements. Tonneson's work was based on information provided to them during the course of the audit by AMC's Finance Department staff, plus additional work requested specific to the 990. The special committee performed a detailed review of the completed 990 and reported the results of its review to the Board of Directors. Subsequent to this review, each member of AMC's Board of Directors received a copy of the 990 prior to filing the form with the IRS. Form 990, Part VI, Section B, line 12c Pursuant to the AMC's Bylaws, each Board of Director is responsible for disclosing any possible conflict of interest at the earliest practicable time. Additionally, each board member receives a "Conflict of Interest Disclosure Statement and is requested to disclose any potential conflicts of interest on an annual basis. Form 990, Part VI, Section B, line 15 The Board of Directors has appointed a Compensation Committee comprised of the Board Chair, its Secretary, its Treasurer, Vice-Chair, one member of the Audit Committee and one member appointed by the Chair. The Board Chair will chair the committee and non-board members may be asked to join this committee. The Compensation Committee meets annually and is responsible for reviewing and making recommendations to the Board on the compensation of AMC officers, such as the President, key employees and specific highly compensated employees. As part of its review, the Compensation Committee evaluates various criteria including, but not limited to, the organization's goals and objectives, the performance of the staff, and comparative third-party compensation data. Form 990, Part VI, Section C, line 19 AMC makes its governing documents, conflict of interest policy, financial statements and Form 990 available to the public upon request. Also, the Form 990 and financial statements are available through the Massachusetts Attorney General's office/website and Guidestar. In addition, AMC's audited financial statements and Form 990 are available on our website, www.outdoors.org. Form 990, Part XI, line 9: Conditional Grant 3,281,600. Form 990, Part XII, Line 2c: AMC has an Audit Committee of not less than three Directors appointed by the Board of Directors. No officer, including the President, shall be eligible to serve on the Audit Committee. The Audit Committee may appoint advisory members to participate in its activites, in addition to director members of the committee. These members shall not be entitled to vote on any matters voted upon by the committee and no officer or employee of AMC may serve as an advisor member. The Audit Committee is charged with annually recommending the designation of an independent auditor to certify an audited set of financial statements of AMC to the Board of Directors; meeting with the auditors and any officers, employees or committee members they require to report on and respond to any questions they have on the financial conditions or operations of AMC; and periodically assessing the financial controls and accounting system of AMC and recommending any changes deemed appropriate. Form 990, Schedule R, Parts I(B) and III(B), Primary Activity for AMC Maine Woods Funding, LLC (MWF), AMC Maine Woods Initiative, LLC (MW Initiative) and AMC Ore Mountain, LLC (ORE): AMC Maine Woods Funding, LLC (MWF) and AMC Maine Woods Initiative, LLC (MW Initiative) are related organizations created and controlled by the AMC to secure long-term financing to carry out the AMC's Maine Woods Initiative program. The Maine Woods Initiative is the AMC's strategy for land conservation in the 100-Mile Wilderness region in Maine - addressing regional ecological and economic needs through outdoor recreation, resource protection, sustainable forestry and community partnerships. In August 2015, AMC Maine Woods Initiative, LLC, a wholly owned subsidiary of the AMC and a disregarded entity for tax purposes, was formed for the purpose of facilitating a $12.6 million financing structured under the New Markets Tax Credit ("NMTC") program of the U.S. Treasury Department. In conjunction with the NMTC financings, which occurred in September and October 2015, the assets of AMC Maine Woods, Inc. and AMC Maine Woods II, LLC, were transferred to AMC Maine Woods Initiative, LLC, and these entities were dissolved in December 2015. A note receivable was created as part of the financing structured under the New Markets Tax Credit ("NMTC") program of the U.S. Treasury Department and will be paid concurrent with the settlement of the corresponding loans payable mentioned below. In connection with these notes, AMC and an outside organization made contributions to AMC Maine Woods Funding, LLC, treated as a partnership under tax law, resulting in a 5% minority ownership by the outside organization. The above referenced loans payable are also part of a financing structure under the NMTC program of the U.S. Treasury Department. Loan proceeds are to be used for specified project expenses in Piscataquis County, Maine by the AMC's wholly owned subsidiary AMC Maine Woods Initiative, LLC. The loans are secured by certain assets. The loan and related agreements specify debt forgiveness provisions at maturity, and require the AMC to comply with certain covenants. In conjunction with the Loans Payable, single purpose lending entities were established by the lenders whose sole activities are the loans to the AMC Maine Woods Initiative, LLC. The AMC has entered into a put and call agreement with the lenders whereby the AMC may acquire the lending entities from the bank in 2022 or thereafter. It is expected that the AMC will acquire the entities in 2022 and will repay all amounts outstanding, less debt forgiveness amounts, at that time. AMC Ore Mountain, LLC is a related organization, created and controlled by the AMC, which was formed in January 2019 to acquire and hold 66 acres of undeveloped real property in Piscataquis County Maine on Ore Mountain Road. The transaction was completed in February 2019. AMC Maine Woods Initiative LLC 10 City Square Boston MA 02129 474706933 See Schedule O, Pages 47-49 for AMC MW Initiative, LLC's primary activities. ME 2440444 34582803 Appalachian Mountain Club AMC Ore Mountain LLC 10 City Square Boston MA 02129 833441823 See Schedule O, Pages 47-49 for AMC Ore Mountain, LLC's primary activities. ME 0 46000 Appalachian Mountain Club AMC MW Funding LLC 10 City Square Boston MA 02129 271413785 See Schedule O, Pgs 47-49 for its primary activities. ME Appalachian Mountain Club Investment 119237 8381157 1 0 0.95000 KI-Jo Mary Inc PO Box 425 Ashland ME 04732 010437627 Manage recreational use of timberlands owned by stockholders ME None C 16559 32454 0.22200 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 AMC Maine Woods Initiative LLC P 2440444