2019-11-15T15:21:20-06:00 2018-12-31 042943536 Tonneson & Company PC 401 Edgewater Place Suite 300 Wakefield MA 018806208 990 2018-01-01 046001677 Appalachian Mountain Club APPA 6175230636 10 City Square Boston MA 02129 Charles W Johnston Jr CFO 6175230655 2019-11-13 1 Heidi E MacLean P00840184 7812459999 2019-11-07 64.88.174.3 2019-11-13 15:48:53 ES P C7993BCDB91CB1E15783CF0510D891FE21DC5509 642250CB0512C903773D843DA8501F91A6422846 2018 2020-03-31 21:24:44Z Charles W Johnston Jr 10 City Square Boston MA 02129 45647220 0 X www.outdoors.org X 1876 MA AMC is dedicated to the protection, enjoyment, and understanding of the outdoors. 23 22 767 16000 24517 -4790 13976519 22237776 15226869 15611587 2841985 5021520 1024647 935402 33070020 43806285 0 0 0 0 16225798 17272904 20167 0 2075137 15541845 14190493 31787810 31463397 1282210 12342888 156587279 162220149 16672476 17083686 139914803 145136463 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 12989230 11710782 Outdoor Program Centers - The Appalachian Mountain Club (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 45 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 2018, The AMC provided 187,525 overnight guest accommodations at its facilities and information and other services to more than 2 million visitors. 2358788 238880 Membership - The Appalachian Mountain Club (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 280,000 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. 1967559 62647 Conservation Research and Policy - The AMC actively promotes the protection, enjoyment and understanding of the mountains, forests, waters and trails of the Appalachian region including critical areas of the four-state Northern Forest, the Mid-Atlantic Highlands of PA, NJ, NY, and CT, and Maine's 100-Mile Wilderness region. The AMC's Research and Policy Program conducts analyses of natural ecosystems to guide its efforts to protect these areas. This includes studying changes in land cover and land use and the impact 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*Refer to Schedule O, Pages 45-46 for Continuation*Conservation Research and Policy (Continued):recreational resources; developing methods to reduce recreational user impacts on the region's mountains; 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 siting guidelines and AMC's successful citizen science mountain monitoring program, Mountain Watch.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 and energy policies, and trails funding, and facilitates member and public participation in local, state and federal environmental issues and policy. 9534743 3569971 1. Education Program - The Appalachian Mountain Club (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 youth from all socioeconomic backgrounds. 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. AMC is also a national provider of Master Educator training in Leave No Trace principles. 2. Trails Program - 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. 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 - AMC encourages safe and responsible outdoor recreation and environmental stewardship through a variety of publications, including our quarterly AMC Outdoors magazine, 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. 9534743 3569971 26850320 1 1 0 1 0 0 0 1 0 1 1 1 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 X 143 0 1 767 1 1 1 1 CJ UK HK CA 0 0 0 1 1 0 0 0 0 0 0 X 23 22 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 Rol Fessenden Chair & Treasurer 2.00 X X 0 0 0 Elizabeth Ehrenfeld Vice Chair 2.00 X X 0 0 0 Ann Lesk Secretary 2.00 X X 0 0 0 Janet Ainsworth Director 2.00 X 0 0 0 Greg Agran Director 2.00 X 0 0 0 Ed Belove Director 2.00 X 0 0 0 Peter Bergh Director 2.00 X 0 0 0 Thomas Eagan Director 2.00 X 0 0 0 Michael Feldberg Director 2.00 X 0 0 0 Sharon Foster Director 2.00 X 0 0 0 Laurie Gabriel Director 2.00 X 0 0 0 Rob Hecht Director 2.00 X 0 0 0 Jody Inglis Director 2.00 X 0 0 0 Scott Livingston 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 Diane Nordin Director 2.00 X 0 0 0 Imari Paris-Jeffries Director 2.00 X 0 0 0 Stephen Smith Director 2.00 X 0 0 0 Yvette Austin Smith 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 292713 0 16500 Walter Graff Senior Vice President 35.00 X 201759 0 26326 Rebecca Rollins VP & Chief Comm. & Marketing Officer 35.00 X 173164 0 16344 Jennifer Norris VP & Chief Development Officer 35.00 X 168716 0 7789 Charles W Johnston Jr VP & Chief Financial Officer 35.00 X 154958 0 17479 Paul Cunha VP Outdoor Program Centers 35.00 X 147507 0 21277 Susan Arnold VP for Conservation 35.00 X 138394 0 10973 Stefanie Brochu VP of Outdoor Learning & Leadership 35.00 X 109993 0 29912 Gary Gresh Major Gifts Officer 35.00 X 121177 0 19165 Margaret McNamara Dir. of Corp. & Foundation Relations 35.00 X 115701 0 16883 Carolyn Whipple Fraser Major Gifts Officer 35.00 X 107046 0 14734 Michelle Murphy Human Resources Director 35.00 X 111445 0 7689 Theresa Morrow Dir. of Membership & Comm. Giving 35.00 X 103607 0 10837 1946180 0 215908 15 0 1 0 Federal Direct 95 Main Avenue Clifton NJ 07014 Printing/Outside Mailing Service 426142 Rubicon Builders LLC 792 South Main Street Mansfield MA 02048 Construction 411377 NexusTek Boston 16 Haverhill Street Andover MA 01810 IT Consulting 302904 Silvertech Inc 196 Bridge Street Manchester NH 03104 IT Consulting 261106 Ayantek LLC 54 Middlesex Turnpike Bedford MA 01730 IT Consulting 225603 11 2629610 50046 469178 19088942 763331 22237776 Outdoor Program Centers 721000 11710782 11710782 Education 611710 1195414 1195414 Trails 713990 432161 432161 Membership 900099 238880 238880 Advertising 541800 29307 29307 2005043 2005043 15611587 4995570 -4790 5000360 809027 719116 89911 89911 89911 25950 0 25950 25950 25950 25269 50046 36955 -11686 -11686 1942041 1084864 857177 857177 43806285 15582280 24517 5961712 1549481 657636 715340 176505 12300391 10970698 482472 847221 560916 460119 67815 32982 1840639 1471650 185016 183973 1021477 857631 88343 75503 17100 4496 12604 78681 78681 1017455 573024 378920 65511 212818 190283 7233 15302 1698629 1511267 14534 172828 532265 425808 34743 71714 1036083 1024262 10973 848 259738 201393 24762 33583 227290 117924 50299 59067 126118 126118 2362554 2235899 95698 30957 549382 464860 55619 28903 Program & Volnt Support 2288559 2144470 144089 Food & Bev. Supplies 1288197 1288197 Repairs & Maintenance 952634 948615 2156 1863 Printing & Publications 503372 375001 525 127846 1039618 800969 232207 6442 31463397 26850320 2537940 2075137 5759482 15865896 2759481 6142449 3409635 3003469 602657 303008 8660730 8660730 985031 941805 264842 384814 92783228 27427198 65825426 65356030 53880283 41734096 14439712 19827852 156587279 162220149 1960311 2013160 2513276 2787129 12198889 12283397 16672476 17083686 X 118747820 115226338 21166983 29910125 139914803 145136463 156587279 162220149 12342888 -7121228 0 X X 0 1 X 1 0 X 11080048 14851660 15246890 13976519 22237776 77392893 11080048 14851660 15246890 13976519 22237776 77392893 8301163 69091730 2101426 3000737 964045 3709722 5804597 15580527 92973420 71860719 0.74310 0.83870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 128617 79820 208437 31254960 31463397 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 190063 158894 164360 208437 721754 250000 250000 250000 250000 1000000 1500000 111379 97673 101895 128617 439564 Part I-A, Line 1: The Organization has not participated in any political campaign activity, either directly or indirectly. X X 0 0 66433031 -58924 -2621543 2715794 173163 60863607 59789063 405080 9018727 2628589 151250 66433031 58418226 369825 3711515 2555503 155000 59789063 61929583 81076 -915159 2505274 172000 58418226 60505358 -6494 3945110 2376891 137500 61929583 0.75890 0.06420 0.17690 1 0 26685594 26685594 53926322 17669162 36257160 9529572 7032734 2496838 2641740 2725302 -83562 65356030 Private Partnerships 19289606 F Split Interest Agreements 538246 F 19827852 X 38525992 -7121228 -7121228 45647220 -1840935 -1840935 43806285 33134993 1840935 1840935 31294058 169339 169339 31463397 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, 2018 and 2017. 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 the 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 the 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, 2018, the AMC has no uncertain tax positions that qualify for either recognition or disclosure in the consolidated financial statements. Part XI, Line 4b - Other Adjustments: Cost of Merchandise Sold -1,084,864. Rental Expenses -719,116. Fundraising Event Expenses -36,955. Part XII, Line 2d - Other Adjustments: Cost of Merchandise Sold 1,084,864. Rental Expenses 719,116. Fundraising Event Expenses 36,955. Part XII, Line 4b - Other Adjustments: Huber Depreciation and Depletion 169,339. YOP NY Fundraiser 75315 50046 25269 21001 15954 75315 50046 25269 21001 15954 36955 -11686 X X X X 0 0 0 0 0 0 0 0 0 John Judge President & Chief Executive Officer 288197 0 0 0 4516 0 16500 0 0 0 309213 0 0 0 Walter Graff Senior Vice President 196221 0 0 0 5538 0 16049 0 10277 0 228085 0 0 0 Rebecca Rollins VP & Chief Comm. & Marketing Officer 172054 0 0 0 1110 0 7077 0 9267 0 189508 0 0 0 Jennifer Norris VP & Chief Development Officer 168350 0 0 0 366 0 6775 0 1014 0 176505 0 0 0 Charles W Johnston Jr VP & Chief Financial Officer 154007 0 0 0 951 0 9554 0 7925 0 172437 0 0 0 Paul Cunha VP Outdoor Program Centers 146604 0 0 0 903 0 12000 0 9277 0 168784 0 0 0 X 63 763331 Avg of high & low price 0 1 0 Form 990, Part VI, Section A, line 6 AMC has approximately 100,000 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 26, 2018. 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 board members of AMC's Audit Committee and Finance Committee 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-Chairs, 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 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) and AMC Maine Woods Initiative, LLC (MW Initiative): 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 Appalachian Mountain Club 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 Maine Woods Initiative LLC 10 City Square Boston MA 02129 474706933 See Schedule O, Pages 50-52 for AMC MW Initiative, LLC's primary activities. ME 3273983 34926373 Appalachian Mountain Club AMC MW Funding LLC 10 City Square Boston MA 02129 271413785 See Schedule O, Pgs 50-52 for its primary activities. ME Appalachian Mountain Club Investment 119237 8462702 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 -84 20472 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 3273983