United Mid-Coast Charities Inc
- Assets
- $5.6m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 3
- Location
- Camden, ME
- Founding
- 02/1969
- Data as of
- 12/2023
- EIN
- 01-6009240
Organization Overview
United Mid-Coast Charities Inc is located in Camden, ME. The organization was established in 1969. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, United Mid-Coast Charities Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Mid-Coast Charities 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 12/2023, United Mid-Coast Charities Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $880.6k during the year ending 12/2023. While expenses have increased by 4.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, United Mid-Coast Charities Inc has awarded 237 individual grants totaling $3,656,797. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS: IDENTIFYING NEEDS. SUPPORTING SOLUTIONS. UNITED MIDCOAST CHARITIES ENERGIZES MIDCOAST MAINE NONPROFITS THROUGH FINANCE AND GUIDANCE, SUPPORTING A NETWORK OF RESOURCES STRONGER THAN ANY SINGLE ORGANIZATION. UMC'S FOCUS AREAS ARE: FOOD, HOUSING, HEALTH AND SAFETY AND ECONOMIC SECURITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS WERE MADE TO LOCAL AREA CHARITIES BASED ON NEED AND THE ORGANIZATION'S FOCUS AREAS WHICH ARE: FOOD, HOUSING, HEALTH AND SAFETY AND ECONOMIC SECURITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Viehman President | OfficerTrustee | 40 | $109,548 |
Frank Hackett Treasurer | OfficerTrustee | 1 | $0 |
Dr James Hengerer Chair | OfficerTrustee | 1 | $0 |
Kristin Sidwell Director | Trustee | 1 | $0 |
Ellie Goldberg Director | Trustee | 1 | $0 |
Jay Foster Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,278,716 |
| Noncash contributions included in lines 1a–1f | $74,648 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,278,716 |
| Total Program Service Revenue | $0 |
| Investment income | $127,203 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $70,201 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,476,120 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $577,330 |
| 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. | $109,548 |
| Compensation of current officers, directors, key employees. | $32,864 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $81,281 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,212 |
| Payroll taxes | $14,675 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,143 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,784 |
| Fees for services: Other | $12,871 |
| Advertising and promotion | $0 |
| Office expenses | $9,805 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,860 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,508 |
| All other expenses | $0 |
| Total functional expenses | $880,564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $375,273 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $131,078 |
| 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 | $2,390 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,615,968 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $498,413 |
| Total assets | $5,623,122 |
| Accounts payable and accrued expenses | $18,282 |
| Grants payable | $28 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,824 |
| Total liabilities | $24,134 |
| Net assets without donor restrictions | $3,168,541 |
| Net assets with donor restrictions | $2,430,447 |
| 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 | $5,623,122 |
Grants Awarded
Over the last fiscal year, United Mid-Coast Charities Inc has awarded $553,830 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
AREA INTERFAITH OUTREACH PURPOSE: GENERAL OPERATIONS | $29,000 |
BELFAST AREA CHILD CARE SERVICES PURPOSE: GENERAL OPERATIONS | $16,000 |
BELFAST PUBLIC HEATLH NURSING ASSOCIATION PURPOSE: GENERAL OPERATIONS | $10,000 |
BELFAST SOUP KITCHEN PURPOSE: GENERAL OPERATIONS | $20,000 |
BIG BROTHER BIG SISTER PURPOSE: GENERAL OPERATIONS | $11,000 |
FAMILY PLANNING ASSOCIATION OF MAINE PURPOSE: GENERAL OPERATIONS | $20,000 |