Nonprofit · EIN 01-0380763
LAUDHOLM TRUST
Tax-exempt · WELLS, ME 04090
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,601,512 | $971,681 | $629,831 | $13,362,804 | $140,490 | $13,222,314 |
| June 30, 2024 | 990 | $872,511 | $1,057,387 | -$184,876 | $11,913,136 | $131,683 | $11,781,453 |
| June 30, 2023 | 990 | $954,746 | $1,042,242 | -$87,496 | $11,057,109 | $172,305 | $10,884,804 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,201,398
- of which government grants
- $94,731
- Membership dues
- $257,324
- Program service revenue
- $0
- Investment income
- $196,597
- Net rental income
- $79,455
- Net gain from sales of assets
- -$5,941
- Net income from fundraising events
- $119,289
- Net income from sales of inventory
- $4,773
- Other revenue
- $203,517
Expenses
- Grants and similar amounts paid
- $380,785
- Compensation of officers, directors and key employees
- $137,424
- Other salaries and wages
- $166,496
- Salaries, compensation and benefits (total)
- $374,958
- Professional fundraising fees
- $0
- Accounting fees
- $19,770
- Travel
- $5,126
- Program services (functional)
- $577,914
- Management and general (functional)
- $197,013
- Fundraising (functional)
- $196,754
Balance sheet and other
- Total assets, start of year
- $11,913,136
- Total assets, end of year
- $13,362,804
- Total liabilities, end of year
- $140,490
- Net assets, end of year
- $13,222,314
- Land, buildings and equipment
- $121,947
- Publicly traded securities
- $10,802,580
- Net assets without donor restrictions
- $4,076,295
- Net assets with donor restrictions
- $9,146,019
- Gross receipts
- $1,673,914
- Employees
- 6
- Volunteers
- 250
- Year formed
- 1982
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NICHOLAS CHAROV | PRESIDENT Officer | 40 | $105,527 | $29,561 |
| DENNIS BYRD | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JEN LAVIN | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MATT BEATRICE | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| PENNY SPAULDING | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MARK BALFANTZ | CLERK & COUN Trustee or director, Officer | 2 | $0 | $0 |
| DAVID FOREST | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BETH GEARY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| STEPHEN GIANNETTI | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN HAKE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DENISE LAROCHE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARGO SMITH | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SUE RIOUX | TRUSTEE Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NICHOLAS CHAROV | PRESIDENT Officer | 40 | $100,464 | $24,345 |
| HAL MULLER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| BRUCE BJORK | VICE CHAIR & Trustee or director, Officer | 2 | $0 | $0 |
| PENNY SPAULDING | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MARK BALFANTZ | CLERK & COUN Trustee or director, Officer | 2 | $0 | $0 |
| JOHN CARPENTER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DAVID FOREST | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BETH GEARY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| STEPHEN GIANNETTI | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DENISE LAROCHE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JEN LAVIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARGO SMITH | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SUE RIOUX | TRUSTEE Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NICHOLAS CHAROV | PRESIDENT Officer | 40 | $97,349 | $24,349 |
| HAL MULLER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| BRUCE BJORK | VICE CHAIR & Trustee or director, Officer | 2 | $0 | $0 |
| PENNY SPAULDING | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MARK BALFANTZ | CLERK & COUN Trustee or director | 2 | $0 | $0 |
| DAVID FOREST | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN CARPENTER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BETH GEARY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| STEPHEN GIANNETTI | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DENISE LAROCHE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JEN LAVIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARGO SMITH | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SUE RIOUX | TRUSTEE Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 342 LAUDHOLM FARM RD, WELLS, ME 04090-4703
- Principal officer (990 for 2024)
- NICHOLAS CHAROV, PO BOX 1007, WELLS, ME 04090
- Signed the 990
- NICHOLAS CHAROV, PRESIDENT
- Phone
- (207) 646-4521
- Website
- WWW.LAUDHOLM.ORG
- Return prepared by
- RUNYON KERSTEEN OUELLETTE
Mission
LAUDHOLM TRUST IS DEDICATED TO ADVANCING THE COASTAL RESEARCH, EDUCATION, AND STEWARDSHIP PROGRAMS OF THE WELLS RESERVE AND TO PRESERVING ITS HISTORIC BUILDINGS. LAUDHOLM TRUST STRIVES TO EXTEND ITS UNIQUE LEGACY BY GALVANIZING COMMUNITY SUPPORT AND INSPIRING ACTIONS THAT PROTECT MAINE'S COASTAL ENVIRONMENT.
Program accomplishments
- THE TRUST OPERATES TO SUPPORT THE COASTAL RESEARCH, EDUCATION, AND STEWARDSHIP PROGRAMS OF THE WELLS NATIONAL ESTUARINE RESEARCH RESERVE AND THE PRESERVATION AND MAINTENANCE OF ITS HISTORIC LAUDHOLM FARM CAMPUS. PROGRAM SERVICES PROFERRED BY THE TRUST INCLUDE CASH CONTRIBUTIONS MADE TO OR ON BEHALF OF THE WELLS NATIONAL ESTUARINE RESEARCH RESERVE, AS WELL AS DONATED STAFF AND VOLUNTEER TIME.Expenses $577,914 · grants $380,785
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 01-0380763
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1982
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C300)
- Assets (IRS master file)
- $13,362,804
- Income (IRS master file)
- $1,673,914
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,601,512 | $971,681 | $13,362,804 | IRS |
| 990 | June 2024 | $872,511 | $1,057,387 | $11,913,136 | IRS |
| 990 | June 2023 | $954,746 | $1,042,242 | $11,057,109 | XML |
| 990 | June 2022 | $791,469 | $861,838 | $10,020,080 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 01-0380763).
Questions about LAUDHOLM TRUST
- What is the EIN of LAUDHOLM TRUST?
- The employer identification number (EIN) of LAUDHOLM TRUST is 01-0380763.
- Is LAUDHOLM TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to LAUDHOLM TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LAUDHOLM 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 LAUDHOLM TRUST due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAUDHOLM TRUST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LAUDHOLM TRUST?
- The 990 for the year ended June 30, 2025 names NICHOLAS CHAROV.
- Who are the officers and directors of LAUDHOLM TRUST?
- The 990 for the year ended June 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $105,527 (NICHOLAS CHAROV, PRESIDENT).
- How much revenue does LAUDHOLM TRUST have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,601,512, expenses of $971,681 and total assets of $13,362,804 at year end.
Other nonprofits in WELLS
- SAVE OUR SHORES MAINE EIN 01-0495042 · last filed 990-EZ for 2025
- LITTERPIC INC EIN 88-2549690 · last filed 990-N for 2025
- PREACHERS AID SOCIETY OF NEW ENGLAND EIN 04-6037997 · last filed 990 for 2024
- WELLS EMERGENCY MEDICAL SERVICE INC EIN 22-3087390 · last filed 990 for 2025
- NATIONAL ESTUARINE RESEARCH RESERVE ASSOCIATION INC EIN 22-3004888 · last filed 990 for 2025
- SAFE HAVEN HUMANE SOCIETY EIN 55-0787720 · last filed 990 for 2025
- SENIOR NEEDS COMMITTEE OF WELLS & OGUNQUIT EIN 01-0516517 · last filed 990 for 2025
- LIVING WELLS FARM EQUINE-ASSISTED SERVICES EIN 92-2399089 · last filed 990-EZ for 2025