Central Maine Community College Foundation

Organization Overview

Central Maine Community College Foundation is located in Auburn, ME. The organization was established in 1989. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Maine Community College Foundation 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 06/2022, Central Maine Community College Foundation generated $242.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $147.3k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT CENTRAL MAINE COMMUNITY COLLEGE BY PROVIDING FINANCIAL ASSISTANCE TO THEIR STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE CENTRAL MAINE COMMUNITY COLLEGE WITH SCHOLARSHIPS FOR STUDENTS WITH FINANCIAL NEED.


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Board, Officers & Key Employees

Name (title)Compensation
Mark Adams
Director/vice Chair
$0
Joanne Campbell
Director/treasurer
$0
Jennifer Hogan
Director/chair
$0
Maureen Aube
Dean Of Finance
$0
Christine Bosse
Director
$0
Shanna Cox
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$37,164
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$182,218
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$219,382
Total Program Service Revenue$0
Investment income $18,452
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $21,577
Net Income from Fundraising Events -$16,558
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $242,853

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Central Maine Community College Foundation has recieved totaling $32,062.

Awarding OrganizationAmount
Worthington Scholarship Foundation

Naples, FL

PURPOSE: SCHOLARSHIPS - J ACHORN, E ALLARD, Z BRYANT, K CAMPBELL, R COX, O DALRYMPLE, A DAY, K HERTZ, G HESSELTINE, A LAIR, G MALO, L PHILBROOK, B SMITH, G MALO, A VALENTE, N WALDRON, J WILLEY

$29,062
Mclanathan-Phippsburg Fire And Rescue Fund Inc

Phippsburg, ME

PURPOSE: SCHOLARSHIP

$3,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,016,795
Earnings-$84,399
Net Contributions$151,904
Grants$30,215
Ending Balance$1,054,085

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