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Nonprofit · EIN 01-0417249

ORONO LAND TRUST INC

Tax-exempt · ORONO, ME 04473

Financials

$151K$43K2023$514K$63K2024
Revenue Expenses · by fiscal year end
Financials of ORONO LAND TRUST INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$513,520$63,208$450,312$1,377,418$45,000$1,332,418
December 31, 2023990$150,941$43,200$107,741$869,422$0$869,422
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$485,369
Program service revenue
$360
Investment income
$21,090
Net gain from sales of assets
$12,899
Other revenue
$6,701

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,125
Accounting fees
$3,900
Depreciation
$19,542
Program services (functional)
$55,034
Management and general (functional)
$7,716
Fundraising (functional)
$458

Balance sheet and other

Total assets, start of year
$869,422
Total assets, end of year
$1,377,418
Total liabilities, end of year
$45,000
Net assets, end of year
$1,332,418
Land, buildings and equipment
$653,193
Publicly traded securities
$290,690
Net assets without donor restrictions
$1,048,058
Net assets with donor restrictions
$284,360
Gross receipts
$519,121
Employees
0
Volunteers
65
Year formed
1986
State of legal domicile
ME

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
GAIL WHITEDIRECTOR
Trustee or director
9$0
ADAM TOOTHAKERDIRECTOR
Trustee or director
2.5$0
JENNIFER DANNTREASURER
Trustee or director, Officer
4.25$0
TOM CASSIDYDIRECTOR
Trustee or director
0.5$0
KARL KREUTZDIRECTOR
Trustee or director
0.5$0
RAY OWENDIRECTOR
Trustee or director
7.75$0
TIMOTHY WHITESECRETARY
Trustee or director, Officer
1.38$0
JERRY LONGCOREDIRECTOR
Trustee or director
1.5$0
M BENJAMIN HALEPRESIDENT
Trustee or director, Officer
0.5$0
JOHN BANKSDIRECTOR (FM
Trustee or director
1$0
DAVID THOMPSONDIRECTOR
Trustee or director
7.5$0
LINDA SWACKHAMERDIRECTOR
Trustee or director
3.75$0
DAVID ERKERDIRECTOR
Trustee or director
11$0
DAN BAUMERTDIRECTOR
Trustee or director
5$0
CHRIS REIDYDIRECTOR
Trustee or director
0.5$0
5 more people on this return
NameTitleHours / weekCompensation
SHARON FITZGERALDDIRECTOR
Trustee or director
5$0
CHARLIE TODDDIRECTOR
Trustee or director
10$0
JUDY WALKERDIRECTOR (FM
Trustee or director
1$0
LYNN CARONVICE PRESIDE
Trustee or director, Officer
0.5$0
KATE LOCKEDIRECTOR
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensation
GAIL WHITEDIRECTOR
Trustee or director
6.81$0
SUE OWENDIRECTOR
Trustee or director
0.5$0
ADAM TOOTHAKERPRESIDENT
Trustee or director, Officer
4.08$0
JENNIFER DANNTREASURER
Trustee or director, Officer
3.13$0
PATRICIA THOMPSONDIRECTOR
Trustee or director
6.96$0
TOM CASSIDYDIRECTOR
Trustee or director
0.38$0
KARL KREUTZDIRECTOR
Trustee or director
0.38$0
RAY OWENDIRECTOR
Trustee or director
0.38$0
TIMOTHY WHITESECRETARY
Trustee or director, Officer
1.96$0
JERRY LONGCOREDIRECTOR
Trustee or director
1.3$0
M BENJAMIN HALEVICE PRESIDE
Trustee or director, Officer
0.94$0
JOHN BANKSDIRECTOR
Trustee or director
1$0
DAVID THOMPSONDIRECTOR
Trustee or director
7.77$0
LINDA SWACKHAMERDIRECTOR
Trustee or director
2.23$0
DAVID ERKERDIRECTOR
Trustee or director
3.85$0
KENNY FERGUSSONDIRECTOR (FM
Trustee or director
0.56$0
DAN BAUMERTDIRECTOR
Trustee or director
4.13$0
CHRIS REIDYDIRECTOR
Trustee or director
0.38$0
SHARON FITZGERALDDIRECTOR
Trustee or director
1.16$0
CHARLIE TODDDIRECTOR
Trustee or director
4.43$0
JUDY WALKERDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 4, ORONO, ME 04473-0004
Principal officer (990 for 2024)
M BENJAMIN HALE, P O BOX 4, ORONO, ME 04473
Signed the 990
JENNIFER DANN, TREASURER
Phone
(207) 570-4205
Return prepared by
LG&H

Mission

ACQUISITION AND MAINTENANCE OF PUBLIC LAND.

990 for the year ended December 31, 2024

Program accomplishments

  • LAND ACQUISITION - LEGAL AND APPRAISAL COSTS FOR PARCELS CURRENTLY ACQUIRED BY OLT, OR TO BE ACQUIRED IN THE FUTURE.
    Expenses $1,125
  • STEWARDSHIP AND TRAILS - STEWARDSHIP OF 2,047 ACRES OF PARCELS OWNED IN FEE, 1,913 ACRES OF CONSERVATION EASEMENTS, 9 TRAIL EASEMENTS, AND 192 ACRES OF TOWN- AND STATE-OWNED LAND.
    Expenses $48,474
  • COMMUNICATION AND EDUCATION - PUBLISHED THREE NEWSLETTERS FOR MEMBERS AND PUBLISHED A TRAIL BOOKLET WITH MAPS AND HISTORY ABOUT ALL OF ORONO LAND TRUST TRAILS.
    Expenses $5,435 · revenue $360

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
01-0417249
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1986
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,377,418
Income (IRS master file)
$519,121

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$513,520$63,208$1,377,418XML
990December 2023$150,941$43,200$869,422XML
990December 2022$104,398$23,718$734,344IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0417249).

Questions about ORONO LAND TRUST INC

What is the EIN of ORONO LAND TRUST INC?
The employer identification number (EIN) of ORONO LAND TRUST INC is 01-0417249.
Is ORONO LAND TRUST INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to ORONO LAND TRUST INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ORONO LAND TRUST INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ORONO LAND TRUST INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ORONO LAND TRUST INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ORONO LAND TRUST INC?
The 990 for the year ended December 31, 2024 names M BENJAMIN HALE.
Who are the officers and directors of ORONO LAND TRUST INC?
The 990 for the year ended December 31, 2024 lists 20 people; 0 received compensation from the organization.
How much revenue does ORONO LAND TRUST INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $513,520, expenses of $63,208 and total assets of $1,377,418 at year end.

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