Skip to main content

Nonprofit · EIN 01-6082716

CHEBEAGUE & CUMBERLAND LAND TRUST INC

Tax-exempt · CUMBERLAND, ME 04021

Financials

$330K$232K2023$1.2M$301K2024
Revenue Expenses · by fiscal year end
Financials of CHEBEAGUE & CUMBERLAND LAND TRUST INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,194,750$300,951$893,799$3,137,348$12,270$3,125,078
December 31, 2023990$329,881$232,348$97,533$2,233,845$7,458$2,226,387
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,020,560
Program service revenue
$0
Investment income
$173,335
Net gain from sales of assets
$152,030
Net income from sales of inventory
$855
Other revenue
$855

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$72,800
Other salaries and wages
$85,840
Salaries, compensation and benefits (total)
$170,449
Professional fundraising fees
$0
Accounting fees
$5,341
Occupancy
$4,800
Travel
$261
Program services (functional)
$180,805
Management and general (functional)
$70,994
Fundraising (functional)
$49,152

Balance sheet and other

Total assets, start of year
$2,233,845
Total assets, end of year
$3,137,348
Total liabilities, end of year
$12,270
Net assets, end of year
$3,125,078
Land, buildings and equipment
$915,905
Publicly traded securities
$1,567,236
Net assets without donor restrictions
$2,296,315
Net assets with donor restrictions
$828,763
Gross receipts
$1,260,174
Employees
4
Volunteers
56
Year formed
1987
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Penny AshermanExecutive Director
Officer
40$72,800
Rod VogelPresident
Trustee or director, Officer
6$0
Leah McDonald1st Vice President
Trustee or director, Officer
2$0
Diane Lukac2nd Vice President
Trustee or director, Officer
5$0
Jeff BryantTreasurer
Trustee or director, Officer
2$0
Stephanie MiskellSecretary
Trustee or director, Officer
2$0
Brian AllenbyDirector
Trustee or director, Officer
1$0
George BatesDirector
Trustee or director
2$0
Clare EllisDirector
Trustee or director
2$0
Heidi FitzDirector
Trustee or director
2$0
Allison FosterDirector
Trustee or director
1$0
Beverly JohnsonDirector
Trustee or director
2$0
John JordanDirector
Trustee or director
1$0
Matie LittleDirector
Trustee or director
1$0
Erin McAllisterDirector
Trustee or director
3$0
3 more people on this return
NameTitleHours / weekCompensation
Kelly Boyer OntlDirector
Trustee or director
2$0
Ayres StocklyDirector
Trustee or director
1$0
Geoff SummaDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensation
Penny AshermanExecutive Director
Officer
40$66,199
Brian AllenbyDirector
Trustee or director, Officer
4$0
George BatesDirector
Trustee or director
2$0
Jeff BryantTreasurer
Trustee or director, Officer
4$0
Heidi FitzDirector
Trustee or director
2$0
Matie LittleDirector
Trustee or director
2$0
Diane Lukac2nd Vice President
Trustee or director
3$0
Beverly JohnsonDirector
Trustee or director
2$0
Erin McAllisterDirector
Trustee or director
2$0
Leah McDonald1st Vice President
Trustee or director
2$0
Stephanie MiskellSecretary
Trustee or director, Officer
3$0
Ayres StocklyDirector
Trustee or director
2$0
Geoff SummaDirector
Trustee or director
2$0
Rod VogelPresident
Trustee or director, Officer
6$0
Clare EllisDirector
Trustee or director
2$0
Allison FosterDirector
Trustee or director
2$0

Address and contacts

Address (IRS master file)
371 TUTTLE RD APT 2, CUMBERLAND, ME 04021-3654
Mailing address (990-N for 2014)
PO Box 25, Chebeague Island ME 04017
Principal officer (990 for 2024)
Penny Asherman, 371 Tuttle Road, Cumberland, ME 04021
Principal officer (990-N for 2014)
James H Thomas, 45 Longwoods Rd, Cumberland ME 04021
Signed the 990
Penny Asherman, Executive Director
Phone
(207) 489-9538
Return prepared by
PGM LLC

Mission

Our mission is to permanently conserve and steward natural resources across our island and mainland communities for the benefit of current and future generations.

990 for the year ended December 31, 2024

Program accomplishments

  • CCLT hosted 50 community events at our local properties to get people outside, promote community engagement in conservation and increase awareness of natural resources in our region.
    Expenses $38,571
  • CCLT acquired two parcels of land in fee on Chebeague Island to protect the island's forests, wildlife, aquifer and recreational trails. In Cumberland, CCLT negotiated an option agreement to purchase 77 acres of forestland adjacent to Rines Forest.
    Expenses $79,974
  • The Trust actively monitored all of its easements and fee lands to ensure compliance with conservation values. This includes maintaining all required records and meeting all filing requirements under Maine law. This also includes reviewing easement terms with new owners whenever a property changes hands and enforcing easement terms where necessary. In addition, the Trust works to maintain its fee lands and easements which might include dealing with invasive species, building bridges, improving pathways, cleaning up storm damage, etc.
    Expenses $62,260

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.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
01-6082716
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
1988
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,137,348
Income (IRS master file)
$1,260,174

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,194,750$300,951$3,137,348XML
990December 2023$329,881$232,348$2,233,845XML
990December 2022$569,585$480,195$2,095,705IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2014
Officer: James H Thomas
December 31, 2014≤ $50,000 receipts––e-Postcard

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 01-6082716).

Questions about CHEBEAGUE & CUMBERLAND LAND TRUST INC

What is the EIN of CHEBEAGUE & CUMBERLAND LAND TRUST INC?
The employer identification number (EIN) of CHEBEAGUE & CUMBERLAND LAND TRUST INC is 01-6082716.
Is CHEBEAGUE & CUMBERLAND LAND TRUST INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Are donations to CHEBEAGUE & CUMBERLAND LAND TRUST INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CHEBEAGUE & CUMBERLAND LAND TRUST INC 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 CHEBEAGUE & CUMBERLAND LAND TRUST INC 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 CHEBEAGUE & CUMBERLAND LAND TRUST INC 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 CHEBEAGUE & CUMBERLAND LAND TRUST INC?
The 990 for the year ended December 31, 2024 names Penny Asherman.
Who are the officers and directors of CHEBEAGUE & CUMBERLAND LAND TRUST INC?
The 990 for the year ended December 31, 2024 lists 18 people; 1 received compensation from the organization, the highest $72,800 (Penny Asherman, Executive Director).
How much revenue does CHEBEAGUE & CUMBERLAND LAND TRUST INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,194,750, expenses of $300,951 and total assets of $3,137,348 at year end.

Other nonprofits in CUMBERLAND

All nonprofits in CUMBERLAND · Maine