Nonprofit · EIN 01-0391479
MAINE COMMUNITY FOUNDATION INC
Tax-exempt · ELLSWORTH, ME 04605
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $138,801,505 | $82,278,801 | $56,522,704 | $807,558,442 | $155,309,854 | $652,248,588 |
| December 31, 2023 | 990 | $108,670,378 | $72,289,614 | $36,380,764 | $732,240,535 | $151,253,210 | $580,987,325 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $77,106,666
- of which government grants
- $43,416
- Program service revenue
- $1,286,822
- Investment income
- $60,408,017
- Net gain from sales of assets
- $54,722,691
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $68,027,345
- Compensation of officers, directors and key employees
- $1,637,962
- Other salaries and wages
- $3,923,539
- Salaries, compensation and benefits (total)
- $7,087,017
- Professional fundraising fees
- $0
- Legal fees
- $40,689
- Accounting fees
- $51,000
- Occupancy
- $235,559
- Travel
- $212,032
- Depreciation
- $73,199
- Program services (functional)
- $70,864,822
- Management and general (functional)
- $7,768,417
- Fundraising (functional)
- $3,645,562
Balance sheet and other
- Total assets, start of year
- $732,240,535
- Total assets, end of year
- $807,558,442
- Total liabilities, end of year
- $155,309,854
- Net assets, end of year
- $652,248,588
- Land, buildings and equipment
- $1,606,653
- Publicly traded securities
- $461,138,789
- Net assets without donor restrictions
- $648,503,749
- Net assets with donor restrictions
- $3,744,839
- Gross unrelated business income
- $701,675
- Gross receipts
- $660,250,938
- Employees
- 60
- Volunteers
- 450
- Year formed
- 1983
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Deborah Ellwood | President/CEO/Ex Officio Officer | 50 | $333,904 | $32,435 |
| Brendon Reay | Treasurer/VP, CFO/CIO Officer | 50 | $232,603 | $17,076 |
| Bree Arsenault | VP, Philanthropy Officer | 50 | $188,559 | $26,210 |
| Michele Camarco | Treasurer/VP, CFO (end 10/2024) Officer | 50 | $188,011 | $26,411 |
| Laura Lee | VP, Community Impact Officer | 50 | $164,950 | $37,118 |
| Rebecca Yturregui | VP, Donor Engagement Officer | 50 | $171,904 | $24,364 |
| Elena Sulima | Director of Finance Highest-paid employee | 37.5 | $130,158 | $34,213 |
| Jennifer Richard | Clerk; Director of Gift Planning Officer | 37.5 | $122,163 | $32,887 |
| Colby Tucker | Director of Information Technology Highest-paid employee | 37.5 | $116,077 | $30,091 |
| Liana Kingsbury | Director of Non-Profit Agency Funds Highest-paid employee | 37.5 | $120,211 | $24,646 |
| Laura Reed | Director, Resources/Cmnty Engagement Highest-paid employee | 37.5 | $111,692 | $32,405 |
| Matthew Grondin | Director of Communications/Marketing Highest-paid employee | 37.5 | $127,693 | $14,478 |
| Emily Baer | Secretary/Asst. to Pres. (end 5/24) Officer | 37.5 | $32,768 | $6,598 |
| Sarah Armentrout | Director Trustee or director | 1 | $0 | $0 |
| Brian Bernatchez | Director Trustee or director | 1 | $0 | $0 |
20 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| D Gregg Collins | Director (end 6/2024) Trustee or director | 1 | $0 |
| Timothy Crowley | Director (end 6/2024) Trustee or director | 1 | $0 |
| Scot Drager | Director (start 6/2024) Trustee or director | 1 | $0 |
| Matthew P DuBois | Director (end 5/2024) Trustee or director | 1 | $0 |
| Martha Dumont | Director (end 6/2024) Trustee or director | 1 | $0 |
| Susan Hammond | Director Trustee or director | 1 | $0 |
| Mark Howard | Director Trustee or director | 1 | $0 |
| Deborah A Jordan | Director (end 6/2024) Trustee or director | 1 | $0 |
| Ingrid Kiefer | Director (start 6/2024) Trustee or director | 1 | $0 |
| Amber Lambke | Director Trustee or director | 1 | $0 |
| Julie Mallet | Director Trustee or director | 1 | $0 |
| Brooke Parish | Director Trustee or director | 1 | $0 |
| Joan Lili Pew | Director Trustee or director | 1 | $0 |
| Alistair Raymond | Director (start 6/2024) Trustee or director | 1 | $0 |
| Ray Rice | Director (start 6/2024) Trustee or director | 1 | $0 |
| Claude Rwaganje | Director Trustee or director | 1 | $0 |
| Tihtiyas Sabattus | Director Trustee or director | 1 | $0 |
| Shawn Yardley | Director Trustee or director | 1 | $0 |
| Adilah Muhammad | Chair/Director Trustee or director, Officer | 5 | $0 |
| Benjamin Sprague | Vice Chair/Director Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 34 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Deborah Ellwood | President/CEO/Ex Officio Officer | 50 | $303,244 | $30,612 |
| Michele Camarco | Treasurer/VP, CFO Officer | 50 | $202,322 | $32,178 |
| Brendon Reay | VP, Investments Officer | 50 | $199,671 | $19,508 |
| Laura Lee | VP, Community Impact (start 3/2023) Officer | 50 | $126,404 | $32,993 |
| Elena Sulima | Director of Finance Highest-paid employee | 37.5 | $125,577 | $32,555 |
| Jennifer Richard | Clerk; Director of Gift Planning Officer | 37.5 | $110,491 | $31,091 |
| Cherie Gaylen | Director, Learning and Policy Highest-paid employee | 37.5 | $105,789 | $30,798 |
| Liana Kingsbury | Director, Non-Profit Agency Funds Highest-paid employee | 37.5 | $112,122 | $22,560 |
| Elizabeth Fickett | Director of Grants and Scholarships Highest-paid employee | 37.5 | $100,449 | $28,868 |
| Hannah Whalen | Director of Donor Engagement Highest-paid employee | 37.5 | $101,803 | $25,161 |
| Rebecca Yturregui | VP, Donor Engagement (start 5/2023) Officer | 50 | $102,943 | $13,600 |
| Laura Young | VP, Philanthropy (end 4/2023) Officer | 50 | $106,103 | $10,120 |
| Bree Arsenault | VP, Philanthropy (start 6/2023) Officer | 50 | $95,176 | $13,217 |
| Jennifer Southard | VP, Donor Svc's/Operations(end 4/23) Officer | 50 | $63,390 | $10,782 |
| Emily Baer | Secretary; Executive Assistant Officer | 37.5 | $58,332 | $14,163 |
| Lelia DeAndrade | VP, Community Impact (end 3/2023) Officer | 50 | $55,527 | $7,255 |
| Sarah Armentrout | Director Trustee or director | 1 | $0 | $0 |
| Brian Bernatchez | Director Trustee or director | 1 | $0 | $0 |
| Timothy Crowley | Director Trustee or director | 1 | $0 | $0 |
| Matthew P DuBois | Director Trustee or director | 1 | $0 | $0 |
| Martha Dumont | Director Trustee or director | 1 | $0 | $0 |
| Susan Hammond | Director Trustee or director | 1 | $0 | $0 |
| Mark Howard | Director Trustee or director | 1 | $0 | $0 |
| Deborah A Jordan | Director Trustee or director | 1 | $0 | $0 |
| Amber Lambke | Director Trustee or director | 1 | $0 | $0 |
| Julie Mallet | Director Trustee or director | 1 | $0 | $0 |
| Brooke Parish | Director Trustee or director | 1 | $0 | $0 |
| Joan Lili Pew | Director Trustee or director | 1 | $0 | $0 |
| Claude Rwaganje | Director Trustee or director | 1 | $0 | $0 |
| Tihtiyas Sabattus | Director Trustee or director | 1 | $0 | $0 |
| Benjamin Sprague | Director Trustee or director | 1 | $0 | $0 |
| Shawn Yardley | Director Trustee or director | 1 | $0 | $0 |
| D Gregg Collins | Chair/Director Trustee or director, Officer | 5 | $0 | $0 |
| Adilah Muhammad | Vice Chair/Director Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 245 MAIN ST, ELLSWORTH, ME 04605-1613
- Principal officer (990 for 2024)
- Deborah Ellwood, 245 Main Street, Ellsworth, ME 04605
- Signed the 990
- Deborah Ellwood, President & CEO
- Phone
- (207) 667-9735
- Website
- www.mainecf.org
- Return prepared by
- Baker Newman & Noyes
Mission
The Maine Community Foundation brings people and resources together to build a better Maine.
Program accomplishments
- Grantmaking. Maine Community Foundation (MaineCF, the Foundation) envisions a Maine that is a vibrant and equitable place where people and communities thrive. MaineCF strives to achieve this vision throughout all its programs and services. MaineCF partners with donors to accomplish their philanthropic goals in Maine by connecting them and their resources to opportunities in nonprofits, investments, and partnerships that strive to build a better Maine. The Foundation also works with nonprofit organizations, communities, government, and private sector leaders to address the significant issues that are important to people in Maine. Specifically, MaineCF holds more than 460 donor advised funds, 700+ scholarships, nearly 300 funds invested on behalf of nonprofits and 16 competitive grant programs all with the goal of meeting our vision of a vibrant and equitable Maine.In 2024, the Foundation provided more than $68 million in grants supporting charitable organizations to address several issues including climate, housing, economic opportunity, just and fair access to opportunities for all people and many more areas of focus. The $68 million in grants awarded in 2024 included $3 million in scholarships awarded to over 1,400 recipients for professional development, and undergraduate and graduate studies. It also included over 200 grants totaling $1.97 million from the Maine Community Foundation Community Building program, which engages communities across Maine to provide resources to nonprofits from the foundation's endowed county funds. Furthermore, grants given directly from donor advised funds through MaineCF's Giving Together program added 63 more grants and $343,824 to MaineCF's largest single competitive grant program.Expenses $70,864,822 · grants $68,027,345 · revenue $1,286,822
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 01-0391479
- 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
- 1984
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T310)
- Assets (IRS master file)
- $807,558,442
- Income (IRS master file)
- $660,250,938
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $138,801,505 | $82,278,801 | $807,558,442 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $108,670,378 | $72,289,614 | $732,240,535 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $52,365,869 | $66,170,535 | $660,555,891 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 01-0391479).
Questions about MAINE COMMUNITY FOUNDATION INC
- What is the EIN of MAINE COMMUNITY FOUNDATION INC?
- The employer identification number (EIN) of MAINE COMMUNITY FOUNDATION INC is 01-0391479.
- Is MAINE COMMUNITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to MAINE COMMUNITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAINE COMMUNITY FOUNDATION 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 MAINE COMMUNITY FOUNDATION 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 MAINE COMMUNITY FOUNDATION 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 MAINE COMMUNITY FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names Deborah Ellwood.
- Who are the officers and directors of MAINE COMMUNITY FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 35 people; 13 received compensation from the organization, the highest $333,904 (Deborah Ellwood, President/CEO/Ex Officio).
- How much revenue does MAINE COMMUNITY FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $138,801,505, expenses of $82,278,801 and total assets of $807,558,442 at year end.
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All nonprofits in ELLSWORTH · Maine · Philanthropy, voluntarism and grantmaking foundations