Christine B Foundation Inc
- Assets
- $99.0k
- Revenue
- $123.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Bangor, ME
- Founding
- 12/2014
- Data as of
- 12/2021
- EIN
- 47-2350705
Organization Overview
Christine B Foundation Inc is located in Bangor, ME. The organization was established in 2014. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christine B Foundation Inc 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, Christine B Foundation Inc generated $123.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $137.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CHRISTINE B. FOUNDATION BUILDS A COMMUNITY OF SUPPORT FOR THOSE AFFECTED BY CANCER IN EASTERN MAINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS AMOUNT CONSISTS OF THE TOTAL EXPENSE ASSOCIATED WITH THE CANCER NUTRITION ASSISTANCE PROGRAM ($67204.88 SUPPLY CHAIN + $31348.16 + 2496.81 ASSOCIATED PROGRAM STAFF TIME/TAX + $10170 STORAGE). THE CANCER NUTRITION ASSISTANCE PROGRAM OFFERS MEDICALLY TAILORED GROCERY PACKAGES TO PATIENTS IN ACTIVE CANCER TREATMENT, RECENT SURVIVORS (UP TO 18 MONTHS AFTER LAST TREATMENT), AND THOSE IN THEIR HOUSEHOLDS. THIS IS A NO-COST PROGRAM TO RECIPIENTS, PRIORITIZING EQUITABLE DISTRIBUTION AND OPPORTUNITY TO ACCESS NUTRIENT-RICH GROCERIES DESPITE CANCER TYPE, AGE, INCOME LEVEL, GEOGRAPHIC LOCATION, OR RACE. THE 2021 OUTCOME FOR THIS PROGRAM INCLUDED SOURCING, ASSEMBLY, AND DISTRIBUTION OF OVER 90,000 EQUIVALENT MEALS ACROSS 150 MAINE TOWNS, IMPACTING 1,000 INDIVIDUALS. 80 VOLUNTEERS ENSURE THE RELIABILITY, SAFETY, AND FRIENDLINESS OF THE PROGRAM THROUGH ASSEMBLY AND DISTRIBUTION AT TWO PARTNER HOSPITAL PICK-UP SITES AND HOME DELIVERY ACROSS 11,500 SQUARE MILES.
THIS AMOUNT WAS DIRECTED TOWARDS PROGRAMMATIC INVESTMENT OF THE 0 DIRIGO DRIVE, BREWER, ME 04412 1.53 ACRE PROPERTY. THE $2560.82 WAS THE AMOUNT OF INTEREST EXPENSE ASSOCIATED IN 2021 WITH THIS PIECE OF PROPERTY. THE CHRISTINE B. FOUNDATION CONTINUES TO INVEST IN AND RECOMMIT THEMSELVES TO THE INFRASTRUCTURE NEEDS FOR GREATER COMPREHENSIVE AND COLLABORATIVE SERVICES. THIS PROPERTY WAS IDENTIFIED AS THE LOCATION WITH GREATEST RETURN FOR PROGRAM EFFECTIVENESS AND PARTNERSHIP ENGAGEMENT, IN 2017. THROUGH THE COVID-19 PANDEMIC, AND AMONG COMMUNITY CHANGES, THIS PROPERTY REMAINS A FOCUS OF THE CBF MISSION, WITH THE INTENTION TO BUILD A BUILDING SCALING CURRENT AND FUTURE PROGRAMMING.
THE CHRISTINE B. FOUNDATION ORGANIZES AND HOSTS CANCER CONFERENCES THROUGHOUT THE YEAR. A $500 EXPENSE WAS SPENT TOWARDS CONFERENCE COORDINATION AND ASSOCIATED ONLINE HOSTING.
$350 HEATING ASSISTANCE GRANT TO A PATIENT WITH CANCER AND $853.79 INFORMATION TECHNOLOGY TO COORDINATE PROGRAM SERVICE ACCOMPLISHMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Dexter Executive Director | Officer | 40 | $41,127 |
Robin Russel Director | Trustee | 5 | $0 |
Jim Dexter Treasurer | Trustee | 5 | $0 |
Becky Caron Director | Trustee | 5 | $0 |
Jamie Comstock Director | Trustee | 5 | $0 |
Robert Smith President | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $9,414 |
| Related organizations | $0 |
| Government grants | $5,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $109,088 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,702 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $123,712 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $41,798 |
| Compensation of current officers, directors, key employees. | $6,270 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,329 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,215 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,500 |
| Advertising and promotion | $0 |
| Office expenses | $12,260 |
| Information technology | $3,416 |
| Royalties | $0 |
| Occupancy | $2,561 |
| Travel | $20 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $500 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,800 |
| All other expenses | $0 |
| Total functional expenses | $137,518 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,045 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $80,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $99,045 |
| Accounts payable and accrued expenses | $7,358 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $30,843 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $38,201 |
| Net assets without donor restrictions | $60,844 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $99,045 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Christine B Foundation Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Machias Savings Bank Community Development Foundation Machias, ME PURPOSE: PROGRAM SUPPORT GRANT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mainhealth Services Portland, ME | $425,575,263 | $32,444,301 |
Maine Health Access Foundation Inc Augusta, ME | $148,903,939 | $15,412,623 |
Mary And John Elliot Charitable Foundation Manchester, NH | $28,783,798 | $5,562,026 |
Visiting Nurse Association Of Manchester & Southern New Hampshir Manchester, NH | $4,322,029 | $2,338,415 |
Lancaster Patient Care Center Lancaster, NH | $13,002,947 | $179,000 |
Hospice Help Foundation Portsmouth, NH | $163,145 | $201,771 |
Christine B Foundation Inc Bangor, ME | $99,045 | $123,712 |
Victorias Victory Foundation Stratham, NH | $138,222 | $0 |
Heartfelt Dreams Foundation Ltd Hollis, NH | $107,547 | $114,111 |
Cynthias Challenge Eaton, NH | $47,432 | $0 |
Transformative Healthcare Foundation Of Northern New England Meredith, NH | $99,499 | $42,211 |
Boothbay Region Health And Wellness Foundation Boothbay Harbor, ME | $114,936 | $71,422 |