Trustees Of The First Parish In Portland

Organization Overview

Trustees Of The First Parish In Portland is located in Portland, ME. The organization was established in 1972. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trustees Of The First Parish In Portland 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 06/2021, Trustees Of The First Parish In Portland generated $197.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $160.7k during the year ending 06/2021. While expenses have increased by 1.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO MAINTAIN AND OPERATE THE FIRST PARISH CHURCH IN PORTLAND, ME.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IMPROVEMENTS TO AND MAINTENANCE AND OPERATIONS OF THE FIRST PARISH CHURCH IN PORTLAND. TRUSTEES OF THE FIRST PARISH IN PORTLAND WAS CREATED ON BEHALF OF THE FIRST PARISH IN PORTLAND, ME, A UNITARIAN UNIVERSALIST CHURCH. THE ORGANIZATION OWNS ALL THE FIXED ASSETS AND ALSO MAINTAINS OTHER FUNDS OF THE FIRST PARISH IN PORTLAND, ME. THE ORGANIZATION IS AN INSTITUTION OF THE FIRST PARISH IN PORTLAND, ME. ITS EXEMPT STATUS DERIVES FROM THE GROUP RULING OF THE IRS APPLICABLE TO UNITARIAN UNIVERSALIST CHURCHES IN THE US AND INSTITUTIONS THEREOF. THE TRUSTEES OF THE FIRST PARISH IN PORTLAND MAINTAIN THREE SEPARATE FUNDS: (1) A GENERAL FUND DEVOTED PRIMARILY TO THE BUILDINGS; (2) A RESTRICTED FUND FROM WHICH THE INCOME IS TRANSFERRED ONCE A YEAR TO THE FIRST PARISH IN PORTLAND, ME; AND (3) A SPECIAL FUND FOR CHARITABLE PURPOSES.


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Board, Officers & Key Employees

Name (title)Compensation
Stephanie Eglinton
Treasurer
$0
Austin Farrar
President
$0
Janet Pusitonen
Clerk
$0
Randall B Weill
Trustee
$0
Ted Oldham
Trustee
$0
Linda Shary
Trustee
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$100
Investment income $12,221
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $184,268
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $197,748

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Trustees Of The First Parish In Portland has recieved totaling $90,292.

Awarding OrganizationAmount
Leona And Ralph W Kern Foundation

New York, NY

PURPOSE: FOR RENOVATIONS AND IMPROVEMENTS TO HISTORIC CHURCH

$65,000
Maine Community Foundation Inc

Ellsworth, ME

PURPOSE: Religious Organization

$19,192
Maine Community Foundation Inc

Ellsworth, ME

PURPOSE: Religious Organization

$6,100
View Grant Recipient Profile

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