BELGRADE REGIONAL CONSERVATION ALLIANCE INC

EIN: 043047156 501(c)(3) Environment

BELGRADE LAKES, ME

Total Revenue
$1,641,621
Total Expenses
$1,872,196
Total Assets
$8,076,137
Net Assets
$7,971,035
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
ME
Principal Officer
DR PETER L KALLIN
Phone
2074956039
Tax Period
2023-01-01 to 2023-12-31

BELGRADE REGIONAL CONSERVATION ALLIANCE INC, founded in 1988, is a community nonprofit in the Environment sector that reported $1.6M in total revenue in fiscal year 2023. Revenue fell 74% from the prior year — a significant decline worth monitoring. Expenses of $1.9M exceeded revenue, resulting in a 14% operating deficit.

Mission

7 LAKES ALLIANCE CONSERVES THE LANDS AND WATERS OF THE BELGRADE LAKES REGION FOR ALL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,314,099
Program Service Revenue $240,445
Investment Income $58,833
Other Revenue $28,244
TOTAL REVENUE $1,641,621

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,172,652
Fundraising Expenses $55,575
Program Expenses $1,565,318
Other Expenses $699,544
TOTAL EXPENSES $1,872,196

Year-over-Year Comparison

2023 2022 Change
Revenue $1,641,621 $6,312,776 -0.7%
Expenses $1,872,196 $1,536,548 +0.2%
Net Income $-230,575 $4,776,228 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
Employees
87
Volunteers
125

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$127,410
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA ROSE DAY FORMER PRESI 40.00
Officer
$115,936 $11,474 $127,410
THEODORE ALFOND MEMBER AT LA 1.00
Director
$0 $0 $0
CHRISTINE COOK SECRETARY 4.00
Officer Director
$0 $0 $0
MATTHEW CRAIG MEMBER AT LA 1.00
Director
$0 $0 $0
MELVIN CROFT TREASURER 4.00
Officer Director
$0 $0 $0
PATRICK DONAHUE MEMBER AT LA 1.00
Director
$0 $0 $0
JANE EBERLE MEMBER AT LA 1.00
Director
$0 $0 $0
SCOTT FINLAY MEMBER AT LA 1.00
Director
$0 $0 $0
RACHEL GADDES JABLONOWSKI MEMBER AT LA 1.00
Director
$0 $0 $0
D WHITNEY KING MEMBER AT LA 1.00
Director
$0 $0 $0
SETH LAWRY MEMBER AT LA 1.00
Director
$0 $0 $0
LYNN MATSON CO-CHAIR 1.00
Officer Director
$0 $0 $0
THOMAS MCCANDLISH MEMBER AT LA 1.00
Director
$0 $0 $0
MARGARET MCCANN MEMBER AT LA 1.00
Director
$0 $0 $0
LEONARD REICH MEMBER AT LA 1.00
Director
$0 $0 $0
RICHARD SCHMALTZ MEMBER AT LA 1.00
Director
$0 $0 $0
WILLIAM SWAN MEMBER AT LA 1.00
Director
$0 $0 $0
ALEXANDER WALL MEMBER AT LA 1.00
Director
$0 $0 $0
DR PETER L KALLIN CHAIR & INTE 10.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,641,621 $1,872,196 $8,076,137 $-230,575
2022 $6,312,776 $1,536,548 $7,821,288 $4,776,228
2021 $1,663,559 $1,170,037 $3,669,200 $493,522
2020 $1,292,887 $1,234,960 $3,369,253 $57,927
2019 $1,469,905 $1,140,350 $3,537,425 $329,555
2018 $1,920,101 $2,020,486 $3,585,916 $-100,385
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