Portland Seamens Friend Society
- Assets
- $132.7k
- Revenue
- $45.0k
- Investments
- $107.1k
- Employees
- 0
- Location
- Windham, ME
- Founding
- 03/1950
- Data as of
- 12/2023
- EIN
- 01-0211545
Organization Overview
Portland Seamens Friend Society is located in Windham, ME. The organization was established in 1950. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portland Seamens Friend Society 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 12/2023, Portland Seamens Friend Society generated $45.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $78.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Portland Seamens Friend Society has awarded 18 individual grants totaling $596,903. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUBSISTENCE GRANTS TO INDIGENT SEAMEN BENEFICIARIES PAID TO 42 SEAMEN IN 2022
EMERGENCY AID TO INDIGENT SEAMEN PAID TO 6
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Dyer Executive Director | 2 | $0 | |
Lewis H Emery Treasurer | 5 | $0 | |
Peter Kelly V President | 1 | $0 | |
Tristram Thompson Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $44,597 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,155 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$6,495 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $708 |
| Total Revenue | $44,965 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,200 |
| Other employee salaries and wages | $3,575 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $595 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,177 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $14,188 |
| Contributions, gifts, grants paid | $64,220 |
| Total expenses and disbursements | $78,408 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,566 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $132,714 |
| 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 | $260 |
| Total liabilities | $260 |
Grants Awarded
Over the last fiscal year, Portland Seamens Friend Society has awarded $64,220 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
INDIGENT SEAMEN GRANTS PURPOSE: ASSISTANCE TO INDIGENT SEAMEN | $52,720 |
EMERGENCY FUND GRANTS PURPOSE: EMERGENCY ASSISTANCE TO INDIGENT SEAMEN | $11,500 |