Nonprofit · EIN 87-0873558
SEA MEADOW MARINE FOUNDATION
Tax-exempt · YARMOUTH, ME 04096
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $283,087 | $229,809 | $53,278 | $2,758,427 | $1,253,473 | $1,504,954 |
| December 31, 2024 | 990 | $1,418,205 | $146,032 | $1,272,173 | $2,904,731 | $1,453,025 | $1,451,706 |
| December 31, 2023 | 990 | $217,521 | $127,676 | $89,845 | $1,534,950 | $1,355,417 | $179,533 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $161,927
- of which government grants
- $25,000
- Program service revenue
- $110,896
- Investment income
- $10,264
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $8,017
- Legal fees
- $3,580
- Accounting fees
- $11,725
- Occupancy
- $16,806
- Depreciation
- $15,108
- Program services (functional)
- $156,870
- Management and general (functional)
- $55,672
- Fundraising (functional)
- $17,267
Balance sheet and other
- Total assets, start of year
- $2,904,731
- Total assets, end of year
- $2,758,427
- Total liabilities, end of year
- $1,253,473
- Net assets, end of year
- $1,504,954
- Land, buildings and equipment
- $1,679,557
- Net assets without donor restrictions
- $432,560
- Net assets with donor restrictions
- $1,072,394
- Gross receipts
- $283,087
- Employees
- 0
- Volunteers
- 6
- Year formed
- 2021
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Chadwick Strater | President Trustee or director, Officer | 4.5 | $0 |
| Nick Planson | Vice-President Trustee or director, Officer | 1 | $0 |
| Austin Plaster | Secretary Trustee or director, Officer | 4.5 | $0 |
| David Dickison | Treasurer Trustee or director, Officer | 6 | $0 |
| Max Burtis | Director Trustee or director | 1 | $0 |
| Taja Sims-Harper | Director Trustee or director | 1 | $0 |
| Negina Lowe | Director Trustee or director | 1 | $0 |
| Bruce Ward | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rebecca Rundquist | Vice-President Trustee or director, Officer | 4.5 | $600 |
| Chadwick Strater | President Trustee or director, Officer | 4.5 | $0 |
| Austin Plaster | Secretary Trustee or director, Officer | 4.5 | $0 |
| David Dickison | Treasurer Trustee or director, Officer | 6 | $0 |
| John Gillespie | Director Trustee or director | 1 | $0 |
| Taja Harper | Director Trustee or director | 1 | $0 |
| Negina Lowe | Director Trustee or director | 1 | $0 |
| Nick Planson | Director Trustee or director, Officer | 1 | $0 |
| Jaclyn Robidoux | Director Trustee or director | 1 | $0 |
| Mark Walztoni | Director Trustee or director | 1 | $0 |
| Bruce Ward | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rebecca Rundquist | Vice-President Trustee or director, Officer | 4.5 | $915 |
| Chadwick Strater | President Trustee or director, Officer | 15 | $0 |
| Nick Planson | Secretary Trustee or director, Officer | 20 | $0 |
| David Dickison | Treasurer Trustee or director, Officer | 25 | $0 |
| William Andrews | Director Trustee or director | 1 | $0 |
| Taja Harper | Director Trustee or director | 1 | $0 |
| Negina Lowe | Director Trustee or director | 1 | $0 |
| Amanda Moeser | Director Trustee or director | 1 | $0 |
| Daniel Pelletier | Director Trustee or director | 1 | $0 |
| Jaclyn Robidoux | Director Trustee or director | 1 | $0 |
| Heather Sadusky | Director Trustee or director | 1 | $0 |
| Dana Swenson | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 123 EVEN KEEL RD, YARMOUTH, ME 04096-6542
- In care of
- % CHAD STRATER
- Principal officer (990 for 2025)
- Chadwick Strater, 123 Even Keel Road, Yarmouth, ME 04096
- Signed the 990
- Chadwick Strater, President
- Phone
- (207) 650-6262
- Website
- www.seameadow.org
- Return prepared by
- PGM LLC
Mission
The Sea Meadow Marine Foundation preserves Maine's working waterfront through a collaborative, sustainable approach to regenerate our coast, improve marine and public health, and protect our maritime heritage. We strive to integrate environmental science and educational opportunities into our support of the marine economy.
Program accomplishments
- The Sea Meadow Marine Foundation preserves Maine's working waterfront through a collaborative, sustainable approach to regenerate our coast, improve marine and public health, and protect our maritime heritage. Maine's coastal lands are under increasing pressure from real estate developers. Our primary goal is to preserve and maintain affordable access to the working waterfront for individuals and families who make their living from the sea. Our main program is leasing space/access to these groups.Expenses $156,870 · revenue $110,896
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 | 990 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
- 87-0873558
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C32)
- Assets (IRS master file)
- $2,758,427
- Income (IRS master file)
- $283,087
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $283,087 | $229,809 | $2,758,427 | XML |
| 990 | December 2024 | $1,418,205 | $146,032 | $2,904,731 | XML |
| 990 | December 2023 | $217,521 | $127,676 | $1,534,950 | XML |
| 990 | December 2022 | $230,235 | $142,021 | $1,455,586 | IRS |
| 990 | December 2021 | – | – | – | 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 87-0873558).
Questions about SEA MEADOW MARINE FOUNDATION
- What is the EIN of SEA MEADOW MARINE FOUNDATION?
- The employer identification number (EIN) of SEA MEADOW MARINE FOUNDATION is 87-0873558.
- Is SEA MEADOW MARINE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to SEA MEADOW MARINE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SEA MEADOW MARINE FOUNDATION 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 SEA MEADOW MARINE FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SEA MEADOW MARINE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SEA MEADOW MARINE FOUNDATION?
- The 990 for the year ended December 31, 2025 names Chadwick Strater.
- Who are the officers and directors of SEA MEADOW MARINE FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does SEA MEADOW MARINE FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $283,087, expenses of $229,809 and total assets of $2,758,427 at year end.
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