Friends Of Seguin Island
- Assets
- $249.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bath, ME
- Founding
- 10/1991
- Data as of
- 12/2021
- EIN
- 01-0420547
Organization Overview
Friends Of Seguin Island is located in Bath, ME. The organization was established in 1991. According to its NTEE Classification (C11) the organization is classified as: Single Organization Support, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Seguin Island is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Friends Of Seguin Island generated $106.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $75.5k during the year ending 12/2021. While expenses have increased by 8.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SUPPORT AND MAINTENANCE OF THE SEGUIN ISLAND LIGHTHOUSE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Mcnamara Trustee | 1 | $0 | |
Michelle Smith Trustee | 1 | $0 | |
Chris Hall Trustee | 1 | $0 | |
Aj Guerette Trustee | 1 | $0 | |
Kim Emerson Vice President | 1 | $0 | |
Ruth Mcrea Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,862 |
| Total Program Service Revenue | $0 |
| Membership dues | $18,966 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,873 |
| Other Revenue | $1,033 |
| Total Revenue | $106,793 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,839 |
| Professional fees and other payments to independent contractors | $2,793 |
| Occupancy, rent, utilities, and maintenance | $19,328 |
| Printing, publications, postage, and shipping | $955 |
| Other expenses | $29,592 |
| Total expenses | $75,507 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,903 |
| Other assets | $0 |
| Total assets | $248,960 |
| Total liabilities | $2,032 |
| Net assets or fund balances | $246,928 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Friends Of Seguin Island has recieved totaling $8,078.
| Awarding Organization | Amount |
|---|---|
James And Betty Jacobs Fam Charitable Tr West Bath, ME PURPOSE: DONATION | $5,000 |
Fisher Charitable Foundation Portland, ME PURPOSE: REPLACE THE LIGHT STATION'S MAIN HOUSE ROOF | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $78 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John Elwyn Stone Trust Uw Bedford, NH | $7,626,483 | $1,707,863 |
Dei Real Estate Inc Beals Island, ME | $8,080,792 | $221,724 |
Friends Of Hog Island Bremen, ME | $467,269 | $303,903 |
Ocean Point Colony Trust Inc East Boothbay, ME | $1,524,577 | $84,057 |
Friends Of Seguin Island Bath, ME | $248,960 | $0 |
Meriden Bird Club Plainfield, NH | $81,490 | $4,315 |
Belknap Association For Natural Resources Conservation Laconia, NH | $5,856 | $0 |