MICRONESIA CONSERVATION TRUST

Financials

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.

Address and contacts

Address (IRS master file)

PO BOX 2177, POHNPEI, FM 96941-2177

In care of

% WILLIAMNKOSTKA

Principal officer (990 for 2024)

Mae Bruton-Adams, PO Box 2177, Kolonia Pohnpei, FM 96941

Signed the 990

Melanie L Aiseam, Chief Financial Officer

Phone

(691) 320-5670

Website

ourmicronesia.org

Return prepared by

Ernst & Young LLP

Mission

We make grants and strengthen organizational and leadership capacity to help Micronesian communities and decision-makers conserve the health of the oceans and islands that are our home.

Program accomplishments

• Conservation, Terrestrial, and Climate Change Program: The Conservation Program consists of several ongoing funding programs supporting conservation and climate change adaptation projects in marine and terrestrial ecosystems in the Federated States of Micronesia (FSM), the Republic of the Marshall Islands (RMI), the Republic of Palau (ROP), the US Territory of Guam, and the commonwealth of the Northern Mariana Islands (CNMI). Each of these programs is determined by terms agreed upon between MCT and its donors. In general, MCT issues funds through a call for proposals process inviting proponent organizations and groups to submit concept papers and/or proposals describing the work they plan to undertake in the targeted areas. MCT-funded projects address biodiversity and climate change adaptation issues in the FSM, RMI, ROP, Guam, and CNMI have a direct positive impact on the flora and/or fauna of the targeted ecosystems and related communities involved show technical, financial, and organizational coherence to ensure the sustainability of the project. MCT Conservation Program staff monitor and evaluate the implementation of projects providing, ongoing technical support and guidance, ensuring compliance to grant agreement terms, and working in close collaboration with the MCT Capacity Building Program staff assisting with assessing grantee needs.
  Expenses $2,839,610
• Capacity-Building and Livelihoods Program: The MCT Capacity-Building Program currently supports the executive leadership and management of the regions NGOs and government line agencies through the Micronesians in Island Conservation MIC peer-learning network as well as their technical staff through the Pacific Islands Managed and Protected Areas Community (PIMPAC). MCT coordinates these two peer-learning networks. The Capacity-Building Program also coordinates its activities with those of the Conservation Program, regularly monitoring projects and providing on-the-spot assistance with project management. MIC is an initiative for emerging conservation pioneers as well as established champions within both the NGO and government sectors. PIMPAC provides continuous opportunities for sharing of information expertise and best practices and experience to develop and strengthen area-based management capacity throughout the Pacific Region. The Capacity-Building Program also administers scholarship and area-based management capacity throughout the Pacific Region. Livelihoods support activities include support for sustainable livelihoods and food security training and project activities.
  Expenses $232,589
• Administration, Finance, and Human Resources Program: The Administration and Finance, staff provides administrative and financial management support to the Conservation and Capacity-Building Programs. MCTs financial management system is comprised of accounting records and a series of processes and procedures assigned to staff Board of Trustees and outside professionals. The goals of MCTs systems are to ensure that financial data and transactions are properly entered into the accounting records and that reports are prepared accurately and in a timely fashion. MCTs financial management policies are procedures that provide assurance that assets are used solely for the benefit of the organization and not for personal or other gain, and that donated funds are used for the purposes which donors intended as specified in grant agreements. Internal controls help ensure operational efficiency and prevent the intentional or misguided use of funds for unauthorized purposes. The Administration and Finance Program also includes the Human Resources functions of the organization. MCT is also accredited to serve as the National Implementing Entity of the Adaption Fund for the FSM and as a Direct Access Implementing Entity for the Green Climate Fund for the FSM, RMI, and ROP. The MCT administration and Finance Program is responsible for ensuring that MCT administrative functions and project management systems meet the highest international standard.
  Expenses $426,281

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.

IRS record

EIN

98-6062277

Tax-exempt status

501(c)(3): Charitable, religious, educational or scientific organization

Foundation status

Publicly supported organization (170(b)(1)(A)(vi))

Donations deductible

No

Exempt since

2010

Accounting year ends

December

Files

Form 990 or 990-EZ

Category (NTEE)

Environment (C12)

Assets (IRS master file)

$37,469,493

Income (IRS master file)

$6,591,055

Filing history

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 98-6062277).

Questions about MICRONESIA CONSERVATION TRUST

What is the EIN of MICRONESIA CONSERVATION TRUST?

The employer identification number (EIN) of MICRONESIA CONSERVATION TRUST is 98-6062277.

Is MICRONESIA CONSERVATION TRUST tax-exempt?

Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.

Are donations to MICRONESIA CONSERVATION TRUST tax-deductible?

No. The IRS master file says contributions to it are not deductible.

Which annual return does MICRONESIA CONSERVATION TRUST 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 MICRONESIA CONSERVATION TRUST 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 MICRONESIA CONSERVATION TRUST 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 MICRONESIA CONSERVATION TRUST?

The 990 for the year ended December 31, 2024 names Mae Bruton-Adams.

Who are the officers and directors of MICRONESIA CONSERVATION TRUST?

The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.

How much revenue does MICRONESIA CONSERVATION TRUST have?

On its 990 for the year ended December 31, 2024 it reported revenue of $6,591,055, expenses of $4,693,392 and total assets of $37,469,493 at year end.