Maine Manufacturers Career And Training Foundation
- Assets
- $204.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, ME
- Founding
- 09/2001
- Data as of
- 12/2021
- EIN
- 01-0544561
Organization Overview
Maine Manufacturers Career And Training Foundation is located in Portland, ME. The organization was established in 2001. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Maine Manufacturers Career And Training 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 12/2021, Maine Manufacturers Career And Training Foundation generated $27.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $9.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ACADEMIC SCHOLARSHIPS AWARDED TO STUDENTS PURSUING POST-SECONDARY EDUCATION IN MANUFACTURING-RELATED FIELDS OF STUDY.
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 |
|---|---|---|---|
Golek Richard C Summit & Annual Meeting Chair | 1 | $0 | |
Prescott Fred Scholarship & Golf Co-Chair | 1 | $0 | |
Roland Phil Board Member | 1 | $0 | |
Samson Jack Board Member | 1 | $0 | |
Bates Chuck Mcc Chair | 1 | $0 | |
Mccann Rick Scholarship & Golf Co-Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,350 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,862 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,919 |
| Other Revenue | $0 |
| Total Revenue | $27,131 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,523 |
| Total expenses | $9,023 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $172,910 |
| Other assets | $0 |
| Total assets | $204,163 |
| Total liabilities | $0 |
| Net assets or fund balances | $204,163 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alfond Scholarship Foundation Portland, ME | $2,013,971 | $7,474,819 |
Island Institute Rockland, ME | $34,942,404 | $7,827,911 |
Senator George J Mitchell Scholarship Research Institute Portland, ME | $52,911,391 | $4,164,591 |
Dartmouth Educational Loan Corp Hanover, NH | $0 | $769,004 |
Maine Huts & Trails Kingfield, ME | $4,908,401 | $661,493 |
Donato J Tramuto Foundation Ogunquit, ME | $1,147,543 | $792,023 |
Lakes Region Scholarship Foundation Gilford, NH | $13,202,377 | $2,617,531 |
Harambe Endeavor Alliance Concord, NH | $2,789,573 | $314,506 |
Robert B Bunker Medical School Scholarship Trust Laconia, NH | $10,035,402 | $504,867 |
The Sukeforth Family Foundation South China, ME | $12,098,841 | $1,239,260 |
Service Credit Union Impact Foundation Portsmouth, NH | $153,778 | $370,899 |
Boothbay Region Student Aid Fund Inc Boothbay Harbor, ME | $8,673,590 | $2,669,575 |