2025-09-30T12:13:39-05:00 2024-11-30 383697447 NON-PROFIT CAPITAL MANAGEMENT LLC PO BOX 211 STERLING MA 01564 990 2023-12-01 223278797 THE FRIENDS OF THE MIDDLESEX FELLS RESERVATION INC FRIE 7816622340 235 WEST FOSTER STREET MELROSE MA 02176 SANDRA PASCAL BOARD CHAIR 7816622340 2025-09-30 1 0 BRIAN KINDORF P01463837 7819336726 2025-09-25 2023 2025-03-06 01:10:19Z SANDRA PASCAL 235 WEST FOSTER STREET MELROSE MA 02176 515716 0 X WWW.FRIENDSOFTHEFELLS.ORG X 1993 MA THE FRIENDS OF THE MIDDLESEX FELLS RESERVATION, INC.'S (THE ORGANIZATION) MISSION IS TO PROMOTE THE CONSERVATION, APPRECIATION, AND SUSTAINABLE ENJOYMENT OF THE MIDDLESEX FELLS RESERVATION. WE PROTECT AND ENHANCE THE ECOLOGY OF THE FELLS THROUGH INITIATIVES TO MANAGE INVASIVE SPECIES, REDUCE ROGUE TRAILS FOR WILDLIFE, AND FOSTER A CULTURE OF CARE AND COMMUNITY STEWARDSHIP. WE PROVIDE OPPORTUNITIES FOR PEOPLE TO LEARN, ENJOY, AND CARE FOR THE FELLS WITH MORE THAN 100 FREE WALKS ANNUALLY AND A MULTITUDE OF OPPORTUNITIES TO JOIN US IN ON-THE-GROUND STEWARDSHIP OF THE FELLS. WE ADVOCATE FOR PROTECTION OF THE FELLS THROUGH PRODUCTIVE RELATIONSHIPS WITH DCR STAFF, ELECTED OFFICIALS, AND COMMUNITY LEADERS AND ACTIVATE MORE THAN 4,000 SUPPORTERS TO SPEAK UP ON BEHALF OF THE FELLS. 11 11 27 674 0 0 2502008 225016 220286 246250 5429 44265 822 -866 2728545 514665 5000 0 0 0 319128 356716 0 0 52615 155782 154364 479910 511080 2248635 3585 2579236 2593786 3948 11016 2575288 2582770 X THE ORGANIZATION'S MISSION IS TO PROMOTE THE CONSERVATION, APPRECIATION, AND SUSTAINABLE ENJOYMENT OF THE MIDDLESEX FELLS RESERVATION. WE PROTECT AND ENHANCE THE ECOLOGY OF THE FELLS THROUGH INITIATIVES TO MANAGE INVASIVE SPECIES, REDUCE ROGUE TRAILS FOR WILDLIFE, AND FOSTER A CULTURE OF CARE AND COMMUNITY STEWARDSHIP. WE PROVIDE OPPORTUNITIES FOR PEOPLE TO LEARN, ENJOY, AND CARE FOR THE FELLS WITH MORE THAN 100 FREE WALKS ANNUALLY AND A MULTITUDE OF OPPORTUNITIES TO JOIN US IN ON-THE-GROUND STEWARDSHIP OF THE FELLS. WE ADVOCATE FOR PROTECTION OF THE FELLS THROUGH PRODUCTIVE RELATIONSHIPS WITH DCR STAFF, ELECTED OFFICIALS, AND COMMUNITY LEADERS AND ACTIVATE MORE THAN 4,000 SUPPORTERS TO SPEAK UP ON BEHALF OF THE FELLS. 0 0 362054 246250 PROVIDE EDUCATIONAL OPPORTUNITIES THROUGH OUR FELLS FOREST CAMP AND OTHER YOUTH PROGRAMMING, AND FOR ADULTS VIA FREE GUIDED OUTINGS IN THE FELLS. LEAD COMMUNITY STEWARDSHIP PROJECTS TO MANAGE INVASIVE PLANTS AND IMPROVE HABITAT IN THE MIDDLESEX FELLS.ADVOCATE TO PRESERVE AND PROTECT NATURAL RESOURCES AND STRENGTHEN THE STATE PARKS SYSTEM IN MASSACHUSETTS. 362054 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 27 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X CHRIS REDFERN EXECUTIVE DIRECTOR 7816622340 235 WEST FOSTER STREET MELROSE MA 02176 ROBERT WEGGEL DIRECTOR 4.00 X 0 0 0 CHARLIE MCCABE VICE CHAIR 4.00 X X 0 0 0 CLAIRE O'NEILL DIRECTOR 4.00 X 0 0 0 STEPHEN ENGEL DIRECTOR 4.00 X 0 0 0 JILL GEISLER TREASURER 4.00 X X 0 0 0 SANDRA PASCAL BOARD CHAIR 4.00 X X 0 0 0 ANITA BREWER-SILJEHOLM SECRETARY 4.00 X X 0 0 0 DIANE DEMARCO DIRECTOR 4.00 X 0 0 0 MARSHALL MOUNTENOT DIRECTOR 4.00 X 0 0 0 MEGAN BARRIGER DIRECTOR 4.00 X 0 0 0 KYLE MCGRATH DIRECTOR 4.00 X 0 0 0 CHRISTOPHER REDFERN EXECUTIVE DIRECTOR 40.00 X 82377 0 0 82377 0 0 0 0 0 0 0 41509 183507 225016 FELLS FOREST PROGRAM 611710 246250 246250 246250 44265 44265 185 1051 -866 -866 514665 246250 0 43399 92275 55452 18455 18368 220312 199578 14810 5924 3206 3125 81 16454 13450 1738 1266 24469 20003 2584 1882 5625 5625 31628 31628 19140 15105 4035 26775 2573 7348 16854 9039 2338 6701 3900 2452 1217 231 612 612 1023 1023 8202 5674 1994 534 FELLS FOREST CAMP EXPEN 36975 36975 CREDIT CARD PROCESSING 7691 6287 812 592 PROFESSIONAL DEVELOPMEN 1509 563 946 COMMUNITY OUTREACH 1045 725 320 1200 92 845 263 511080 362054 96411 52615 74493 118895 229134 229255 2258497 718670 2441 17112 18352 1506173 2579236 2593786 3948 11016 3948 11016 X 291709 1844004 2283579 738766 2575288 2582770 2579236 2593786 3585 3897 0 X 1 X 0 1 0 X 244176 194553 309460 202008 225016 1175213 142317 184010 146060 220286 246250 938923 386493 378563 455520 422294 471266 2114136 19470 12992 21515 25828 79805 0 19470 12992 21515 25828 79805 2034331 20 29 185 5429 44265 49928 20 29 185 5429 44265 49928 386513 378592 455705 427723 515531 2164064 0.94010 0.96050 0.02310 0.00330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1496749 9424 1506173 1.00000 0 0 0 X PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT CONSISTS OF A FUND ESTABLISHED BY THE BOARD OF DIRECTORS TO ENSURE THE PRUDENT STEWARDSHIP OF FUNDS, GENERATE A RELIABLE INCOME STREAM TO SUPPORT THE ORGANIZATION'S MISSION, AND PRESERVE THE PURCHASING POWER OF THE ORGANIZATION'S ASSETS OVER TIME. . UNDER THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA), SUBJECT TO THE INTENT OF A DONOR, THE ORGANIZATION MAY APPROPRIATE FOR EXPENDITURE OR ACCUMULATE SO MUCH OF AN ENDOWMENT FUND AS THE INSTITUTION DETERMINES IS PRUDENT FOR THE USES, BENEFITS, PURPOSES, AND DURATION FOR WHICH THE ENDOWMENT FUND IS ESTABLISHED. THE ORGANIZATION HAS ADOPTED AN INVESTMENT POLICY THAT ATTEMPTS TO PROVIDE A PREDICTABLE STREAM OF FUNDING WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE ORGANIZATION RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE BOARD OF DIRECTORS HAS ADOPTED A SPENDING POLICY THAT ALLOWS FOR ANNUAL DISTRIBUTIONS FROM THESE FUNDS TO SUPPORT OPERATIONS EQUAL TO A MAXIMUM OF UP TO 5% OF THE AVERAGE MARKET VALUE OF THE INVESTMENT PORTFOLIO OVER THE PREVIOUS 20 QUARTERS. PART X, LINE 2: ASC 740-10, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES," REQUIRES THE ORGANIZATION TO EVALUATE AND DISCLOSE TAX POSITIONS THAT COULD HAVE AN EFFECT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION REPORTS ITS ACTIVITIES TO THE INTERNAL REVENUE SERVICE AND COMMONWEALTH OF MASSACHUSETTS ON AN ANNUAL BASIS. THE INFORMATIONAL RETURNS ARE GENERALLY SUBJECT TO AUDIT AND REVIEW BY THE GOVERNMENTAL AGENCIES FOR A PERIOD OF THREE YEARS AFTER FILING. SUBSTANTIALLY ALL OF THE ORGANIZATION'S INCOME, EXPENDITURES AND ACTIVITIES RELATE TO ITS EXEMPT PURPOSE, THEREFORE, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAXES AND WILL CONTINUE TO QUALIFY AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS HAVE THE RIGHT TO VOTE ON THE ORGANIZATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE TREASURER AND IS MADE AVAILABLE FOR BOARD REVIEW AND DISCUSSION PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS 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 THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. PERIODIC REVIEWS OF COMPLIANCE WITH THIS POLICY ARE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD PRESIDENT CONDUCTS A PERFORMANCE REVIEW OF THE EXECUTIVE DIRECTOR ANNUALLY. THE PERFORMANCE REVIEW, SALARY RANGE INFORMATION OBTAINED FROM COMPENSATION SURVEYS AND COMPARABLE NONPROFITS, AND THE GENERAL COST OF LIVING ARE USED TO DETERMINE COMPENSATION. THE EXECUTIVE DIRECTOR CONDUCTS A PERFORMANCE REVIEW FOR ALL STAFF ANNUALLY. THE PERFORMANCE REVIEW, SALARY RANGE INFORMATION OBTAINED FROM COMPENSATION SURVEYS AND COMPARABLE NONPROFITS, AND THE GENERAL COST OF LIVING ARE USED TO DETERMINE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THERE WERE NO REQUESTS FOR THIS INFORMATION MADE IN TAX YEAR 2022.