2018-06-27T12:50:26-04:00 2017-12-31 472305259 LOISELLE GOODWIN & HINDS 12 STILLWATER AVE STE 5 BANGOR ME 04401 990 2017-01-01 010528014 MAINE FARMLAND TRUST MAIN 2073386575 97 MAIN STREET BELFAST ME 04915 AMANDA BEAL PRESIDENT 2073386575 2018-06-26 true CHRISTOPHER S HINDS P01070796 2079904585 2018-06-26 2017 2022-09-23 18:48:47Z AMANDA BEAL 97 MAIN ST BELFAST ME 04915 5785444 false X WWW.MAINEFARMLAND.ORG X 1999 ME MAINE FARMLAND TRUST PROTECTS FARMLAND, SUPPORTS FARMERS, AND ADVANCES THE FUTURE OF FARMING. 15 15 41 196 -3478 -2220 8885507 3532778 123773 105898 -403551 -112875 -23 18366 8605706 3544167 680470 566559 0 1880724 1983179 0 364832 3239675 3042463 5800869 5592201 2804837 -2048034 30553664 28246734 4520625 3743430 26033039 24503304 X MAINE FARMLAND TRUST PROTECTS FARMLAND, SUPPORTS FARMERS, AND ADVANCES THE FUTURE OF FARMING. true false 3058573 27364 43255 FARMLAND PROTECTION PROGRAM ASSISTED LANDOWNERS INTERESTED IN PROTECTING THEIR LAND WITH AGRICULTURAL CONSERVATION EASEMENTS. PROVIDED TECHNICAL ASSISTANCE AND GRANTS TO OTHER LAND TRUSTS OPERATING IN MAINE TO HELP THEM PROTECT MORE FARMLAND. APPROXIMATELY 242 LANDOWNERS AND 8 LAND TRUSTS WERE SERVED IN 2017. 937444 372012 22674 FARM VIABILITY PROGRAM DIRECTLY SUPPORTED FARMERS WITH BUSINESS PLANNING AND SHARED USE EQUIPMENT. OFFERED TRAINING AND ASSISTANCE TO FARMERS THAT WOULD LIKE TO SERVE WHOLESALE MARKETS. COORDINATED A NUTRITION INCENTIVE PROGRAM THAT HELPS LOW-INCOME CONSUMERS TO ACCESS LOCALLY-GROWN AND PRODUCED FOOD AND MAINE FARMERS TO GAIN NEW CUSTOMERS. APPROXIMATELY 351 FARMS WERE SERVED IN 2017. 622999 167183 25771 EDUCATION AND OUTREACH PROGRAM PROVIDED WORKSHOPS, PRESENTATIONS, REGIONAL MEETINGS AND DISPLAYS AT AGRICULTURAL AND RELATED EVENTS TO PRESENT BOTH GENERAL AND TECHNICAL INFORMATION ABOUT FARMLAND PROTECTION. HOSTED A VARIETY OF EVENTS TO INCREASE PUBLIC AWARENESS ABOUT FARMING'S NEEDS AND OPPORTUNITIES, INCLUDING FILM SHOWINGS, FOOD EVENTS, ART EXHIBITS, ETC. APPROXIMATELY 463 FARMERS AND 1,686 OTHER (NON-FARMER) RURAL RESIDENTS WERE SERVED IN 2017. 174723 14198 FARM ACCESS PROGRAM'S MAINE FARMLINK MATCHED PROSPECTIVE FARMERS WITH LANDOWNERS THAT HAVE FARMS AVAILABLE FOR LEASE OR SALE. PROVIDED INDIVIDUAL CONSULTATIONS TO FARM SEEKERS TO HELP WITH IDENTIFYING RESOURCES AND SOLUTIONS FOR COMMON FARMLAND ACCESS CHALLENGES. PROVIDED INTERNAL REFERRALS TO OTHER APPLICABLE MAINE FARMLAND TRUST PROGRAMS AND SERVICES FOR LAND OWNERS AND LAND SEEKERS. APPROXIMATELY 272 FARMERS WERE SERVED IN 2017 MAINE FARMS REALTY PROGRAM PROVIDED PROFESSIONAL REAL ESTATE SERVICES TO MFT AND MAINE'S FARM COMMUNITY, THROUGH TRADITIONAL AND A LA CARTE REAL ESTATE SERVICES. MAINE FARMS REALTY ALSO EDUCATED REAL ESTATE AGENCIES ABOUT FARMLAND PROTECTION AND ENGAGED THOSE AGENCIES TO WORK IN PARTNERSHIP WITH MFT. POLICY AND RESEARCH PROGRAM WORKED ON AGRICULTURAL AND FOOD POLICY ISSUES ON THE MUNICIPAL, STATE, AND FEDERAL-LEVEL TO ENSURE SUCH POLICIES AND PROGRAMS ARE SUPPORTIVE OF MAINE'S AGRICULTURAL SECTOR. CONDUCTED RESEARCH PROJECTS TO INFORM MFT'S POLICY WORK AND SUPPORT OTHER MFT PROGRAM AREAS. 174723 14198 4793739 true true false true false false true false false true true true false true true false false true false false false false false false false false false true true true false false false false false false false false true true false false true true true true false false true 90 0 41 true true true false false false false false false false false false X 15 15 false false false false true true false true true false false true true true true true true true true true true ME X KRISTIN VARNUM 2073386575 97 MAIN ST BELFAST ME 04915 FRANKLIN B MILES JR SECRETARY 5.00 X X 0 0 0 WILLIAM BELL DIRECTOR 4.00 X 0 0 0 STEVEN PAGE DIRECTOR 5.00 X 0 0 0 PAUL BIRDSALL DIRECTOR 0.50 X 0 0 0 WALTER FLETCHER DIRECTOR 4.00 X 0 0 0 NEIL CRANE DIRECTOR 1.00 X 0 0 0 ELEANOR KINNEY DIRECTOR 4.00 X 0 0 0 SUSAN MORRIS VICE CHAIR 5.00 X X 0 0 0 JAMES LAWRENCE DIRECTOR 5.00 X 0 0 0 TAYLOR MUDGE CHAIR 7.00 X X 0 0 0 HENRY WHITTEMORE TREASURER 6.00 X X 0 0 0 JULIA DODGE DIRECTOR 0.00 X 0 0 0 JON OLSON DIRECTOR 4.00 X 0 0 0 STACY BRENNER DIRECTOR 0.25 X 0 0 0 JASON BOLTON DIRECTOR 0.25 X 0 0 0 DAVE COLSON DIRECTOR 0.25 X 0 0 0 MEREDITH EILERS DIRECTOR 0.25 X 0 0 0 AMANDA BEAL PRESIDENT 40.00 X 100610 0 3521 KRISTIN VARNUM VICE PRESIDE 40.00 X 92184 0 3226 JOHN PIOTTI FORMER PRESI 0.00 X 157035 0 5496 349829 12243 2 true true false 98547 3434231 331363 3532778 FARMLAND RENTAL 42755 42755 MAINE FARM REALTY COMMISSION 14124 14124 MAINEFARE 10382 10382 INTEREST ON PROGRAM LOANS 9839 9839 SPECIAL PROGRAM EVENTS 8982 8982 19816 19816 105898 28134 28134 15373 12233 3140 3140 -3478 6618 513399 1579000 516907 1716501 -3508 -137501 -141009 -137501 -3508 RETURNED GRANTS 9007 9007 MISCELLANEOUS 6219 6219 15226 3544167 -31603 -3478 46470 307743 307743 258816 258816 199917 50813 87459 61645 1587512 1170381 225971 191160 44988 33714 6074 5200 150762 103248 26287 21227 39645 39595 50 21993 21993 79182 73025 599 5558 22419 20177 2242 68123 39502 16118 12503 54636 36240 11187 7209 68178 46691 11888 9599 60889 53805 3113 3971 110744 110744 40900 28010 7131 5759 35349 22099 11153 2097 PURCHASED EASEMENTS 1912273 1912273 FARM VIAB. PRGM EXPS 170110 170110 FARMLAND OWNERSHIP EXPS 143251 143251 PROGRAM EXPENSES 44418 39976 4442 170353 133526 4607 32220 5592201 4793739 433630 364832 85134 204064 3684201 4502353 10604633 6910453 10566 15950 1043841 1377260 13139 6070 1116296 152906 997356 963390 1927055 2241617 28422 19139 12159317 12006438 30553664 28246734 491870 298310 1100 1500 2850147 2465325 1175108 971395 2400 6900 4520625 3743430 X 11382920 12129450 14650119 12373854 26033039 24503304 30553664 28246734 -2048034 518299 X false true X true false X 4061867 7070119 15970642 8885507 3532778 39520913 4061867 7070119 15970642 8885507 3532778 39520913 7558872 31962041 12949 2898 54153 41987 38302 150289 6629 5499 3354 5352 15226 36060 39707262 241712 0.80490 0.79660 X PART II, LINE 10 MISCELLANEOUS INCOME 27,053 RETURNED GRANTS 9,007 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5592201 5592201 429610 107403 366038 346873 440043 429610 1582564 2373846 91510 86718 110011 107403 395642 593463 X X 183 29924.08 8 1 true 2275.00 79590 18333 2637 123 20847 17221 1276 164 18333 17564 -143 200 17221 16952 812 200 17564 14893 2259 200 16952 1.00000 false false 120942 120942 876420 94294 782126 85205 43078 42127 33729 15534 18195 963390 2241617 C 2241617 FARMS AND FARMLAND (NET OF DEPN) 4502535 BENE INT IN ASSETS HELD BY OTHERS 4477083 ARTWORK HELD FOR SALE OR DONATION 2504800 NOTE RECEIVABLE - UNITY FOOD HUB LLC 305000 OTHER AMTS DUE - UNITY FOOD HUB, LLC 200000 LOAN RECEIVABLE- UNITY FOOD HUB MGMT 17020 12006438 EARNEST MONEY DEPOSITS 6900 6900 SCHEDULE D, PAGE 1, PART II, LINE 5 MAINE 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 9 ORGANIZATION 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 4 QUASI-ENDOWMENT FUND EARNINGS ARE INTENDED TO BENEFIT THE GENERAL OPERATIONS OF THE ORGANIZATION. SCHEDULE D, PAGE 4, PART XIII EXPLANATION FOR PART II, LINE 3: NUMBER OF EASEMENTS TRANSFERRED: 4 1.PETE CUMMINGS: THE EASEMENT WAS GRANTED TO MFT ON 3/17/2017 AND IMMEDIATELY ASSIGNED TO WESTERN FOOTHILLS LAND TRUST AS THE PERMANENT HOLDER. 2.CUMMINGS FAMILY FARM: THE EASEMENT WAS GRANTED TO MFT ON 3/17/2017 AND IMMEDIATELY ASSIGNED TO WESTERN FOOTHILLS LAND TRUST AS THE PERMANENT HOLDER. 3.WATERHOUSE (TWILIGHT): THE EASEMENT WAS GRANTED TO MFT ON 6/30/2017 WITH THE CONDITION THAT A SURVEY WOULD BE COMPLETED TO BETTER DEFINE THE PROPERTY BOUNDARIES, AFTER WHICH THE EASEMENT WOULD BE AMENDED AND ASSIGNED. AFTER THE SURVEY AND AMENDMENT WERE COMPLETE, MFT ASSIGNED THE EASEMENT TO ROYAL RIVER CONSERVATION TRUST AS PERMANENT HOLDER. 4.GUTMAN: THE EASEMENT WAS GRANTED TO MFT ON 1/13/2017 WITH THE INTENTION TO ASSIGN THE EASEMENT TO THREE RIVERS LAND TRUST ONCE THEY RAISED THE NECESSARY STEWARDSHIP FUNDS. MFT ASSIGNED THE EASEMENT ON 11/20/2017 TO THREE RIVERS LAND TRUST AS THE PERMANENT HOLDER. NUMBER OF EASEMENTS MODIFIED DURING 2017: 4 REASONS FOR MODIFICATION: 1.FRITH: THE ORIGINAL EASEMENT DID NOT INCLUDE MFT'S STANDARD LANGUAGE TO PERMIT STRUCTURES OR IMPROVEMENTS OUTSIDE OF THE DESIGNATED BUILDING ENVELOPE WITH MFT APPROVAL. AN AMENDMENT WAS COMPLETED ON 2/3/2017 TO INCLUDE THIS STANDARD LANGUAGE, SUBJECT TO CONSULTATION WITH THE THIRD PARTY. 2.WATERHOUSE (TWILIGHT): THE EASEMENT WAS GRANTED BEFORE A SURVEY WAS COMPLETED AND INCLUDED A TERM SPECIFYING THAT AN AMENDMENT WOULD OCCUR TO REPLACE THE OLD PARCEL DESCRIPTIONS WITH A METES AND BOUNDS BOUNDARY DESCRIPTION ONCE THE SURVEY WAS COMPLETE. AN AMENDMENT WAS COMPLETED ON 9/28/2017 THAT CORRECTED THE EXHIBIT AND ACREAGE, BASED ON THE SURVEY. 3.RIVER BEND: THE EASEMENT WAS ASSIGNED TO MFT FROM SACO VALLEY LAND TRUST (SVLT) AT THE MUTUAL REQUEST OF SVLT AND THE LANDOWNER, AFTER A LONG- STANDING DISPUTE REGARDING INTERPRETATION OF THE EASEMENT CONCERNING PERMITTED USES OF THE PROPERTY. AS A CONDITION OF ACCEPTING THE EASEMENT, MFT INDICATED THAT AN AMENDMENT WOULD BE NECESSARY TO RE-STATE THE ORIGINAL EASEMENT IN WHOLE IN ORDER TO CLARIFY VAGUE RESTRICTIONS THAT WERE CAUSING THE DISPUTE AND TO INCORPORATE CURRENT BEST PRACTICES FOR CONSERVATION EASEMENTS. MFT ACCEPTED THE EASEMENT AND COMPLETED A RESTATEMENT AND AMENDMENT ON 11/21/2017. 4.RAMBLERS WAY FARM-HAY FARM PARCEL: THE EASEMENT DESIGNATED A FARMSTEAD AREA FOR PERMANENT BUILDINGS, BUT THE LAYOUT PROVED IMPOSSIBLE FOR CARRYING OUT THE AGRICULTURAL PURPOSES OF THE EASEMENT, INCLUDING SITING A RESIDENCE AND AGRICULTURAL STRUCTURES, DUE TO MUNICIPAL SETBACK REQUIREMENTS AND WETLANDS. IN EXCHANGE FOR MODIFYING THE FARMSTEAD AREA CONFIGURATION, AN IMPERVIOUS SURFACE LIMIT WAS IMPOSED, AND THE LANDOWNER RELEASED THE RESERVED RIGHT TO DESIGNATE AND UTILIZE AN ADDITIONAL BUILDING ENVELOPE. THE AMENDMENT WAS COMPLETED ON 12/12/2017. true COASTAL MOUNTAINS LAND TRUST 101 MT BATTIE ST CAMDEN ME 04843 222795691 501C3 6000 FARMLAND PROTECTION MAINE ORGANIC FARMERS & GARDENERS A P O BOX 170 UNITY ME 04988 016048322 501C3 7483 BOOK VALUE FARM EQUIPMENT FARM VIABILITITY WESTERN FOOTHILLS LAND TRUST 445 MAIN ST NORWAY ME 04268 016083123 501C3 11227 CONSERV. & STEWARDSH ROYAL RIVER CONSERVATION TRUST 325 MAIN ST YARMOUTH ME 04096 010472430 501C3 5087 EASEMENT STEWARDSHIP THREE RIVERS LAND TRUST P O BOX 295 ALFRED ME 04002 010539771 501C3 5050 EASEMENT STEWARDSHIP PHAT BITCHIN FARMERS 207 BROWS POINT RD BOWDOINHAM ME 04008 49500 IMPLEMENTATION CIRCLE B FARMS 287 EAST PRESQUE ISLE RD CARIBOU ME 04736 48860 IMPLEMENTATION SAINT JOSEPH COLLEGE 278 WHITE BRIDGES RD STANDISH ME 040845236 010212542 501C3 44000 APPRAISAL ARTWORK EDUCATION & OUTREACH AMERICAN FARMLAND TRUST 1150 CONNECTICUT AVE NW 600 WASHINGTON DC 20036 521190211 501C3 40000 APPRAISAL ARTWORK EDUCATION & OUTREACH FARNSWORTH MUSEUM 16 MUSEUM ST ROCKLAND ME 04841 010368070 501C3 34000 APPRAISAL ARTWORK EDUCATION & OUTREACH PORTLAND MUSEUM OF ART 7 CONGRESS SQ PORTLAND ME 04101 010378420 501C3 35000 APPRAISAL ARTWORK EDUCATION & OUTREACH 9 2 COMMUNITY FOOD EFFORTS 15 39895 FRESH LOCAL FOOD 6800 210171 RETAIL VAL FRESH FARM FOOD SEED GRANTS 10 8750 SCHEDULE I, PAGE 1, PART I, LINE 2 GRANTS ARE NOT MONITORED, PER SE. FOR THE COMMUNITY FOOD GRANTS, AN ANNUAL REPORT IS ONLY REQUIRED IF FURTHER FUNDING IS REQUESTED. X X false false false false false false false false false JOHN PIOTTI FORMER PRESIDENT 157035 5496 162531 157035 X 1 1300 DONOR ESTIMATED VALUE X 792 RETAIL VALUE X 15 329271 ACTIVE MARKET X 5 NO VALUE / EASEMENTS 3 false true false SCHEDULE M, PAGE 1, PART I, LINE 33 EASEMENTS ARE DEEMED TO BE WITHOUT ECONOMIC VALUE TO THE ORGANIZATION. FORM 990, PAGE 2, PART III, LINE 2 THE ORGANIZATION ADDED THE POLICY AND RESEARCH PROGRAM DURING 2017. SEE DESCRIPTION FOR PART III, LINE 4D FOR MORE INFORMATION. FORM 990, PAGE 2, PART III, LINE 4D FARM ACCESS PROGRAM'S MAINE FARMLINK MATCHED PROSPECTIVE FARMERS WITH LANDOWNERS THAT HAVE FARMS AVAILABLE FOR LEASE OR SALE. PROVIDED INDIVIDUAL CONSULTATIONS TO FARM SEEKERS TO HELP WITH IDENTIFYING RESOURCES AND SOLUTIONS FOR COMMON FARMLAND ACCESS CHALLENGES. PROVIDED INTERNAL REFERRALS TO OTHER APPLICABLE MAINE FARMLAND TRUST PROGRAMS AND SERVICES FOR LAND OWNERS AND LAND SEEKERS. APPROXIMATELY 272 FARMERS WERE SERVED IN 2017 MAINE FARMS REALTY PROGRAM PROVIDED PROFESSIONAL REAL ESTATE SERVICES TO MFT AND MAINE'S FARM COMMUNITY, THROUGH TRADITIONAL AND A LA CARTE REAL ESTATE SERVICES. MAINE FARMS REALTY ALSO EDUCATED REAL ESTATE AGENCIES ABOUT FARMLAND PROTECTION AND ENGAGED THOSE AGENCIES TO WORK IN PARTNERSHIP WITH MFT. POLICY AND RESEARCH PROGRAM WORKED ON AGRICULTURAL AND FOOD POLICY ISSUES ON THE MUNICIPAL, STATE, AND FEDERAL-LEVEL TO ENSURE SUCH POLICIES AND PROGRAMS ARE SUPPORTIVE OF MAINE'S AGRICULTURAL SECTOR. CONDUCTED RESEARCH PROJECTS TO INFORM MFT'S POLICY WORK AND SUPPORT OTHER MFT PROGRAM AREAS. FORM 990, PAGE 6, PART VI, LINE 6 INDIVIDUALS PAYING THE MINIMUM ANNUAL MEMBERSHIP DUES. FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS VOTE AT THE ANNUAL MEETING TO ELECT THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B FORM 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 12C ANNUALLY, EACH DIRECTOR, EMPLOYEE, INTERN, REGULAR VOLUNTEER, AND COMMITTE E 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 15A WHEN 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 15B ALL 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 19 MAINE FARMLAND TRUST'S BOOKS AND RECORDS ARE AVAILABLE FOR INSPECTION BY THE PUBLIC UPON WRITTEN NOTICE AT LEAST 5 BUSINESS DAYS BEFORE THE DATE OF INSPECTION. FORM 990, PART XI, LINE 9 CHANGE IN VALUE: BENE INT IN ASSETS HELD BY MCF 518,299 MAINE FARMS REALTY LLC 97 MAIN STREET BELFAST ME 04915 452772209 R/E BROKER ME 62904 222794 MEFARMTR UNITY FOOD HUB LLC 97 MAIN ST BELFAST ME 04915 470962434 RE RENTAL ME UFH-MM LLC EXCLUDED -6555 1326056 true true 0.01000 UNITY FARM HUB MANAGEMENT LLC 97 MAIN ST BELFAST ME 04915 473061547 FOOD HUB ME MEFARMTR C CORP 54177 136287 1.00000 true UNITY FH-MM LLC 97 MAIN ST BELFAST ME 04915 474129446 HOLDING CO ME MEFARMTR C CORP 102136 1504552 1.00000 true true true false false false false false false false false false false true false true false true false false UNITY FOOD HUB LLC A 5399 CASH UNITY FOOD HUB MANAGEMENT LLC B 314562 CASH UNITY FOOD HUB MANAGEMENT LLC A 170 CASH