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Maine Timber Research & Maine Tree Foundation

Maine Timber Research & Maine Tree Foundation

Augusta, ME 04330
Tax ID01-0453264

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About this organization

Revenue

$431,854

Expenses

$466,626

Mission

To develop and sponsor programs that increase the public's awareness of and appreciation for the Maine forest.

About

HOLT: The Holt Woodlands Research Foundation was founded in 1980 to assist and support the University of Maine in accomplishing its charitable and educational programs by providing real and personal property for the conduct of scientific research and experimentation in forestry and for the funding of programs and for the awarding of scholarships and grants to projects and students involved in forest research, conservation, replantation, management and ecological control. Maine Tree expects to continue research activities at Holt and employ its best efforts to expand and better utilize the Holt Research Forest as a place for public education relating to forest ecology and forest management.

Interesting data from their 2020 990 filing

The non-profit's aim, as stated in the filing, is “The foundation educates and advocates for the sustainable use of the forest and the ecological, economic and social health of maine's forest community.”.

When referring to its actions, they were outlined as: “The foundation educates and advocates for the sustainable use of the forest and the ecological, economic and social health of maine's forest community.”.

  • The non-profit has complied with legal obligations by reporting their state of operation as ME.
  • The non-profit's form for 2020 reports a total of 4 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is -$120,542.
  • The salary policy for the CEO of the organization is established through a review and approval by an impartial party.
  • The organization has 11 independent voting members.
  • The organization was formed in 1989.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $199,352 in salary, compensation, and benefits to its employees.
  • The organization pays $49,249 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has grants to organizations.

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