Coastal Rivers Conservation Trust

EIN: 237303162 501(c)(3) Environment

Damariscotta, ME

Total Revenue
$4,522,268
Total Expenses
$3,484,448
Total Assets
$18,319,817
Net Assets
$16,667,128
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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
ME
Principal Officer
Joel Russ
Phone
2075631393
Tax Period
2022-07-01 to 2023-06-30

Coastal Rivers Conservation Trust, founded in 1973, is a community nonprofit in the Environment sector that reported $4.5M in total revenue in fiscal year 2022. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.0M, a strong 23% operating margin.

Mission

Preserve and promote the natural, cultural, and historical heritage of the Damariscotta-Pemaquid Region and adjacent areas for the benefit of all.

Program Service Accomplishments

Program 1
Expenses: $2,236,072 Revenue: $-3,258

Conservation efforts center on the Damariscotta-Pemaquid Region, encompassing eight towns. Coastal Rivers owns 58 preserves, holds 64 easements, and co-manages an additional 13 properties, together...

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Conservation efforts center on the Damariscotta-Pemaquid Region, encompassing eight towns. Coastal Rivers owns 58 preserves, holds 64 easements, and co-manages an additional 13 properties, together totaling more than 6,754 acres. We work in partnership with private landowners, agencies, and other non-profits. Gifts of land and conservation easements from generous donors, as well as targeted purchases, help us grow and connect our network of conserved lands for public benefit - wildlife, water quality, scenic integrity, historical preservation, and public access. With dozens of natural areas, more than 50 miles of trails, and several islands in our care and open to the public, we work hard to create new opportunities for families and individuals to get out on the land and water while respecting the precious and sometimes fragile natural resources we all enjoy and benefit from.

Program 2
Expenses: $398,370

Operation and maintenance of two historic farm houses and surrounding land. These serve as nature centers, educational facilities, and administrative offices. In addition, these resources provide a...

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Operation and maintenance of two historic farm houses and surrounding land. These serve as nature centers, educational facilities, and administrative offices. In addition, these resources provide a community hub for the Damariscotta region, farmer's market, and central meeting space for nature programs.

Program 3
Expenses: $153,053 Revenue: $36,015

Education, outreach, and marine programs and materials, including the School for Field Naturalists and related programs. Connecting people and place is central to our mission. We are convinced that...

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Education, outreach, and marine programs and materials, including the School for Field Naturalists and related programs. Connecting people and place is central to our mission. We are convinced that engaging youth and adults alike with the natural world in this exceptional region builds a stronger community of caring stewards dedicated to the integrity of the Damariscotta-Pemaquid Region.Programs include Midcoast Stewards, Oyster Gardening, Camp Mummichog, Mushroom Workshops, Edible Seaweed Courses, Wabanaki Living Skills and Culture. These are offered to benefit school-aged children, individuals, families, and municipal officials.

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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 (2022)

Revenue Breakdown

Contributions & Grants $4,519,327
Program Service Revenue $36,015
Investment Income $-16,677
Other Revenue $-16,397
TOTAL REVENUE $4,522,268

Expense Breakdown

Grants Paid $0
Salaries & Benefits $807,357
Fundraising Expenses $278,879
Program Expenses $2,787,495
Other Expenses $2,677,091
TOTAL EXPENSES $3,484,448

Year-over-Year Comparison

2022 2021 Change
Revenue $4,522,268 $3,967,386 +0.1%
Expenses $3,484,448 $1,308,484 +1.7%
Net Income $1,037,820 $2,658,902 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
23
Volunteers
300

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
$114,715
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Matthew Hanly President 12.00
Officer Director
$0 $0 $0
Lee Schiller Treasurer 12.00
Officer Director
$0 $0 $0
Kelsey Gibbs Secretary 8.00
Officer Director
$0 $0 $0
Josh Allan Trustee 4.00
Director
$0 $0 $0
Jennifer Atkinson Trustee 4.00
Director
$0 $0 $0
Malcolm Foster Trustee 4.00
Director
$0 $0 $0
Carol Lariviere Trustee 4.00
Director
$0 $0 $0
Kathy Leeman Trustee 4.00
Director
$0 $0 $0
Dennis McKenna Trustee 4.00
Director
$0 $0 $0
Rod Melanson Trustee 4.00
Director
$0 $0 $0
Dru Sanford Trustee 4.00
Director
$0 $0 $0
Emily Weiss Trustee 4.00
Director
$0 $0 $0
Gordon Morrell Vice President 8.00
Officer Director
$0 $0 $0
Ellen Wells Trustee 4.00
Director
$0 $0 $0
Steven Hufnagel Executive Director 40.00
Officer
$103,773 $10,942 $114,715
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $4,522,268 $3,484,448 $18,319,817 $1,037,820
2022 $3,967,386 $1,308,484 $16,067,030 $2,658,902
2021 $2,629,526 $1,852,341 $13,906,618 $777,185
2020 $850,286 $1,131,150 $13,232,618 $-280,864
2018 $2,577,879 $1,159,522 $10,710,082 $1,418,357
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