Sugarloaf Region Charitable Trust

Organization Overview

Sugarloaf Region Charitable Trust is located in Carabaset Vly, ME. The organization was established in 1985. According to its NTEE Classification (T31) the organization is classified as: Community 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. Sugarloaf Region Charitable Trust 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 03/2024, Sugarloaf Region Charitable Trust generated $36.4k 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 (33.2%) each year. All expenses for the organization totaled $46.2k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2024

Describe the Organization's Program Activity:

Part 3

SUGARLOAF REGION CHARITABLE TRUST GRANTS ARE AWARDED TO CHARITABLE ORGANIZATIONS FOR SPECIAL PROJECTS THAT HAVE A CLEAR AND MEASURABLE IMPACT AND TO PROJECTS WHOSE USE OF THE GRANT MONIES WILL CREATE PROGRAMS THAT WILL BECOME SELF-SUFFICIENT.


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Board, Officers & Key Employees

Name (title)Compensation
Marci White
Employee Seat
$0
Barb Larson
Employee Seat
$0
Chris Parks
Appointed Community Member
$0
Cheryl Roux
Elected Employee
$0
Nate Webb
Elected Employee
$0
Jim Wilson
Appointed Community Member
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$36,357
Total Program Service Revenue$0
Membership dues$0
Investment income $36
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$36,393

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