Aroostook Savings & Loan Foundation
- Assets
- $92.4k
- Revenue
- $6.4k
- Investments
- $66.5k
- Employees
- 0
- Location
- Caribou, ME
- Founding
- Data as of
- 12/2022
- EIN
- 87-2518525
Organization Overview
Aroostook Savings & Loan Foundation is located in Caribou, ME. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aroostook Savings & Loan 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 12/2022, Aroostook Savings & Loan Foundation generated $6.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (73.5%) each year.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John S Swanberg Chairman | 0 | $0 | |
Richard D Solman Secretary/cl | 0 | $0 | |
Vicki L Keaton Director | 0 | $0 | |
Deborah Sirois Director | 0 | $0 | |
Kyle A Washington Director | 0 | $0 | |
Katherine A Anderson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,355 |
| Interest on Savings | $77 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,432 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $515 |
| Contributions, gifts, grants paid | $5,000 |
| Total expenses and disbursements | $5,515 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $25,919 |
| 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 | $66,492 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $92,412 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Afcea Educational Foundation Hudson, NH | $34,576 | $0 |
Jtstrong Memorial Fund Inc Hampton, NH | $6,802 | $0 |
Rotary Club Of Farmington Maine Charitable Foundation Farmington, ME | $96,126 | $0 |
Operation Care For Troops Brookline, NH | $30,876 | $0 |
Pease Greeters Fund Inc Portsmouth, NH | $192,285 | $0 |
American Legion Orono, ME | $300,703 | $39,075 |
Pinnacle Foundation Manchester, NH | $11,438 | $0 |
St Joseph Healthcare Foundation Bangor, ME | $5,332,562 | $1,436,221 |
Aroostook Savings & Loan Foundation Caribou, ME | $92,412 | $6,432 |
Jim Foye Memorial Foundation Westbrook, ME | $25,425 | $0 |
Mount Desert Police Association Inc Mount Desert, ME | $42,636 | $0 |