American Council Of The Blind Of Maine
- Assets
- $184.5k
- Revenue
- $12.7k
- Investments
- $179.2k
- Employees
- 0
- Location
- Waterville, ME
- Founding
- 03/1992
- Data as of
- 12/2022
- EIN
- 01-6013214
Organization Overview
American Council Of The Blind Of Maine is located in Waterville, ME. The organization was established in 1992. According to its NTEE Classification (G41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Council Of The Blind Of Maine 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 12/2022, American Council Of The Blind Of Maine generated $12.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $13.2k during the year ending 12/2022. While expenses have increased by 8.7% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLIND ADVOCACY PROGRAMS - PROVIDE INFORMATION AND NEWSLETTERS STATE, LOCAL, AND NATIONAL INFORMATION AND CONFERENCES BENEFITING 100 PLUS VISUALLY IMPAIRED INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Peabody Treasurer | 2 | $150 | |
Nathanael Batson Secretary | 2 | $150 | |
Leona Mckenna President | 1 | $0 | |
Sherry Belka Vice Preside | 1 | $0 | |
Mary Ellen Frost Director | 1 | $0 | |
Debbie Walker Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $365 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,703 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,897 |
| Capital Gain Net Income | $6,801 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $706 |
| Total Revenue | $12,671 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $300 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $342 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $667 |
| Printing and publications | $0 |
| Other expenses | $3,166 |
| Total operating and administrative expenses | $7,169 |
| Contributions, gifts, grants paid | $6,000 |
| Total expenses and disbursements | $13,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,724 |
| Savings and temporary cash investments | $563 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $179,235 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $184,522 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, American Council Of The Blind Of Maine has awarded $2,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MOBALE PURPOSE: SUPPORT CHARITABLE ACTIVITIES | $1,500 |
Winslow, ME PURPOSE: SUPPORT CHARITABLE ACTIVITIES | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Hampshire Association For The Blind Concord, NH | $13,968,275 | $3,346,181 |
Iris Network Portland, ME | $3,265,341 | $2,683,947 |
Maine Optometric Association West Enfield, ME | $1,014,387 | $341,611 |
American Friends Of The Blind In Greece Portsmouth, NH | $2,139,317 | $431,778 |
Lions Sight & Hearing Foundation Of N H Concord, NH | $1,015,691 | -$32,540 |
Maine Society Of Eye Physicians & Surgeons Manchester, ME | $276,046 | $194,363 |
New Hampshire Optometric Association Concord, NH | $612,276 | $185,671 |
Helping Our Pupils Excel Nh Inc Manchester, NH | $29,914 | $0 |
American Council Of The Blind Of Maine Waterville, ME | $184,522 | $12,671 |