2025-04-03T09:11:16-04:00 2024-09-30 830772076 LG&H 12 STILLWATER AVE STE 5 BANGOR ME 04401 990 2023-10-01 010528014 MAINE FARMLAND TRUST MAIN 2073386575 97 MAIN STREET BELFAST ME 04915 KRISTIN VARNUM VP/CFO 2073386575 2025-03-21 true false CHRISTOPHER S HINDS P01070796 2079904585 2025-04-03 2023 2025-03-06 01:10:19Z KRISTIN VARNUM 97 MAIN ST BELFAST ME 04915 8323671 false X WWW.MAINEFARMLANDTRUST.ORG X 1999 ME MAINE FARMLAND TRUST PROTECTS FARMLAND, SUPPORTS FARMERS, AND ADVANCES THE FUTURE OF FARMING. 10 10 40 20 -1945171 3976468 6795723 2099 20571 240253 -1648322 2259 5569 4221079 5173541 233700 147855 0 2560874 3473132 0 709974 2624622 3007780 5419196 6628767 -1198117 -1455226 28370138 26990758 2077058 1595953 26293080 25394805 X MAINE FARMLAND TRUST PROTECTS FARMLAND, SUPPORTS FARMERS, AND ADVANCES THE FUTURE OF FARMING. false false 2700331 10000 4987 FARMLAND 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 13 LAND PROTECTION PROJECTS, PROTECTING 1,821 ACRES OF LAND. 577494 500 THE 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 296 EASEMENTS, COVERING OVER 44,000 ACRES. 469227 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. 1511149 137855 15084 FARMLAND 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 YEAR, OUR FARMLINK PROGRAM ASSURED THAT 366 ACRES OF TRANSITIONING FARMLAND REMAINED IN FARMING THROUGH FARM LINKS TO NEW FARMERS. (255,105 EXPENSES) CLIMATE: IMPROVED VIABILITY OF FARMS THROUGH INCREASED UNDERSTANDING OF THEIR LAND AND ADAPTATION TO CLIMATE RISKS AND CONNECTING TO RESOURCES. THIS YEAR, OUR CLIMATE RESILIENCE TEAM SUPPORTED 51 FARM BUSINESSES WITH TECHNICAL ASSISTANCE SUPPORT AND/OR CLIMATE RESILIENCE GRANTS. (467,084 EXPENSES) PFAS RESPONSE: DIRECTLY SUPPORTED FARMERS AFFECTED BY PFAS BY PROVIDING EDUCATION, TECHNICAL ASSISTANCE, AND GRANTS TO SUPPORT FARMS AFFECTED BY PFAS. APPROXIMATELY 28 FARMS WERE DIRECTLY SUPPORTED DURING THE YEAR. (33,397 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. (345,572 EXPENSES) FARMLAND BUSINESS PLANNING DIRECTLY SUPPORTED FARMERS WITH BUSINESS PLANNING, OFFERING TRAINING AND TECHNICAL ASSISTANCE TO FARMERS. THIS YEAR, OUR FARM BUSINESS PLANNING PROGRAM SERVED 60 FARM BUSINESSES THROUGH WORKSHOPS, TECHNICAL ASSISTANCE, AND GRANTS. (409,991 EXPENSES) 1511149 137855 15084 5258201 true true false true false false true false false true true false false true true false false true false false false false false false false false false true false true false false false false false true false false true true false false false true true true false false true 59 0 40 true false false false false false false false false false false false false X 10 10 false false false false true true false true true false false true true true true true true true true true true ME MA X KRISTIN VARNUM 2073386575 97 MAIN ST BELFAST ME 04915 AMY FISHER PRESIDENT 40.00 X 189594 0 16619 KRISTIN VARNUM VP/CFO 40.00 X 108018 0 17925 NICK ARMENTROUT SECRETARY 2.00 X 0 0 0 JASON BOLTON DIRECTOR 1.00 X 0 0 0 DAVE COLSON CHAIR 6.00 X X 0 0 0 STEVE CRANE DIRECTOR 1.50 X 0 0 0 MEREDITH EILERS CHAIR (THRU 4.00 X X 0 0 0 CAITLYN FRAME DIRECTOR 3.00 X 0 0 0 JUSTIN JAMISON TREASURER 4.00 X X 0 0 0 MARGOT ANNE KELLY VICE CHAIR 5.00 X X 0 0 0 SUSAN MORRIS DIRECTOR 3.50 X 0 0 0 TAYLOR MUDGE DIRECTOR 2.50 X 0 0 0 JON OLSON DIRECTOR 2.50 X 0 0 0 297612 34544 2 false true false DRUMMOND WOODSUM 84 MARGINAL WAY STE 600 PORTLAND ME 04101 LEGAL 163578 1 174805 6620918 734179 6795723 FOOD HUB RENTAL 15084 15084 INTEREST ON PROGRAM LOANS 2573 2573 FARMLAND RENTAL 2414 2414 EASEMENT AMENDMENTS 500 500 20571 312556 312556 1189252 3149522 608 -1960270 -608 -1960878 -1945171 -15707 PRIOR YEAR GRANT RECOVERY 3500 3500 MISCELLANEOUS 2069 2069 5569 5173541 20571 -1945171 302418 147855 147855 336825 250577 35469 50779 2582012 1743515 442439 396058 89264 61157 12049 16058 242524 176832 29551 36141 222507 155683 26500 40324 164170 153138 11032 41414 5547 35867 278442 215925 11022 51495 19545 19545 86392 41708 5740 38944 116046 68631 14591 32824 107190 79308 11645 16237 89614 77967 1448 10199 15185 12234 2951 77647 57765 11706 8176 39131 35591 405 3135 PURCHASED EASEMENTS 1542062 1542062 FARMLAND OWNERSHIP EXPS 57489 57489 FARM BUSINESS PLANNING 51666 51666 POLICY/RESEARCH EVENTS 50463 50463 271324 253543 8177 9604 6628767 5258201 660592 709974 247389 274951 7700016 7946892 1445079 1062650 242109 142530 755969 561843 46290 28953 2012369 449620 1192039 1562749 2404980 73412 54111 14262855 15356079 28370138 26990758 585558 241679 680185 651747 804990 697602 6325 4925 2077058 1595953 X 20217731 19155829 6075349 6238976 26293080 25394805 28370138 26990758 X -1455226 556951 X false true X true false X 5494634 10563109 7887751 3976468 6795723 34717685 5494634 10563109 7887751 3976468 6795723 34717685 731449 33986236 22715 30270 50146 240646 312556 656333 4128 4128 4094 5925 2259 5569 17847 35395993 116215 0.96020 0.84520 X PART II, LINE 10 MISCELLANEOUS INCOME 14,347 GRANT RECOVERY 3,500 SUPPLEMENTAL INFORMATION BECAUSE OF A CHANGE IN FISCAL YEAR-END, PART II SECTION A COLUMNS REPRESENT THE FOLLOWING TAX PERIODS: COLUMN (A): 01/01/2020 - 12/31/2020 COLUMN (B): 01/01/2021 - 12/31/2021 COLUMN (C): 01/01/2022 - 12/31/2022 COLUMN (D): 01/01/2023 - 09/30/2023 COLUMN (E): 10/01/2023 - 09/30/2024 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 410 1188 1598 6627169 6628767 481438 120360 495623 371238 506558 481438 1854857 2782286 4425 2500 4130 1598 12653 123906 92810 126640 120360 463716 695574 2825 1250 1110 410 5595 X X 295 43792.36 1 1 true 9535.00 571293 15199 250000 2744 665 222 267056 14884 1022 532 175 15199 17977 -2079 780 234 14884 16077 3277 1037 340 17977 22953 2593 9190 269 16077 0.06390 0.93610 true false 277715 277715 1554455 309998 1244457 148395 121108 27287 31804 18514 13290 1562749 ARTWORK HELD FOR SALE 8600800 BENE INT IN ASSETS HELD BY OTHERS 5965843 FARMS AND FARMLAND 789436 15356079 DEPOSITS 4925 4925 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 ENDOWMENT FUND EARNINGS ARE INTENDED TO BENEFIT THE GENERAL OPERATIONS OF THE ORGANIZATION. SCHEDULE D, PAGE 4, PART XIII PART XIII - SUPPLEMENTAL FINANCIAL INFOMATION SUPPLEMENT TO FORM 990 SCHEDULE D, PART II, LINE 3: EASEMENT MODIFICATIONS; CHELLIS BROOK, NEWFIELD. THE EASEMENT WAS ACQUIRED VIA MFT'S PURCHASED EASEMENT PROGRAM ON 12/21/2017. THE LANDOWNER WANTED TO ADD AN ADDITIONAL 47 ACRES OF LAND TO THE EXISTING CONSERVATION EASEMENT. MFT DETERMINED THAT SUCH AN AMENDMENT WOULD HAVE A NET BENEFIT TO THE CONSERVATION VALUES AND THE AMENDMENT WAS EXECUTED ON 3/27/2024. true BALFOUR FARM 461 WEBB RD PITTSFIELD ME 04967 10000 CLIMATE RESILIENCE BUMBLEFOOD ORGANIC FARM 196 HIGHLAND CLIFF RD WINDHAM ME 04062 8267 CLIMATE RESILIENCE DHARMA FARM 175 CALDERWOOD RD WASHINGTON ME 04574 18300 IMPLEMENTATION DOSTIE FARM 68 MIDDLE RD FAIRFIELD ME 04937 6830 PFAS - HARDSHIP LAND IN COMMON INC 217 SOUTH MOUNTAIN RD GREENE ME 04235 263832721 501C3 10000 LAND PURCHASE THE MILKHOUSE LLC 445 S MONMOUTH RD MONMOUTH ME 04259 11447 CLIMATE RESILIENCE 1 5 SCHEDULE I, PAGE 1, PART I, LINE 2 GRANTS ARE NOT MONITORED, PER SE. X X X false false false false false false false false false AMY FISHER PRESIDENT 189594 16619 206213 DAVE COLSON DIRECTOR 168412 PURCHASED EASEMENT false X 12 734179 MEAN VALUE ACTIVE MKT X 3 EASEMENTS HAVE NO VALUE 4 false true false FORM 990, PAGE 2, PART III, LINE 4D FARMLAND 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 YEAR, OUR FARMLINK PROGRAM ASSURED THAT 366 ACRES OF TRANSITIONING FARMLAND REMAINED IN FARMING THROUGH FARM LINKS TO NEW FARMERS. (255,105 EXPENSES) CLIMATE: IMPROVED VIABILITY OF FARMS THROUGH INCREASED UNDERSTANDING OF THEIR LAND AND ADAPTATION TO CLIMATE RISKS AND CONNECTING TO RESOURCES. THIS YEAR, OUR CLIMATE RESILIENCE TEAM SUPPORTED 51 FARM BUSINESSES WITH TECHNICAL ASSISTANCE SUPPORT AND/OR CLIMATE RESILIENCE GRANTS. (467,084 EXPENSES) PFAS RESPONSE: DIRECTLY SUPPORTED FARMERS AFFECTED BY PFAS BY PROVIDING EDUCATION, TECHNICAL ASSISTANCE, AND GRANTS TO SUPPORT FARMS AFFECTED BY PFAS. APPROXIMATELY 28 FARMS WERE DIRECTLY SUPPORTED DURING THE YEAR. (33,397 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. (345,572 EXPENSES) FARMLAND BUSINESS PLANNING DIRECTLY SUPPORTED FARMERS WITH BUSINESS PLANNING, OFFERING TRAINING AND TECHNICAL ASSISTANCE TO FARMERS. THIS YEAR, OUR FARM BUSINESS PLANNING PROGRAM SERVED 60 FARM BUSINESSES THROUGH WORKSHOPS, TECHNICAL ASSISTANCE, AND GRANTS. (409,991 EXPENSES) 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 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 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. INTEREST IN MCF 601,071 BOOK/TAX DIFFERENCE IN LIQUIDATION OF SUBSIDIARIES -44,120 TOTAL 556,951 UNITY FOOD HUB MANAGEMENT LLC 97 MAIN ST BELFAST ME 04915 473061547 FOOD HUB ME MEFARMTR C CORP 40533 1.00000 false UNITY FH-MM LLC 97 MAIN ST BELFAST ME 04915 474129446 HOLDING RE ME MEFARMTR C CORP -738994 1.00000 false true true false false false false false false false false false false false false true false true false true UNITY FOOD HUB MANAGEMENT LLC B 10000 CASH UNITY FOOD HUB MANAGEMENT LLC A 43 CASH UFH-MM LLC S 470172 CASH+APPRAISAL