United Mid-Coast Charities Inc
- Assets
- $5.6m
- Revenue
- $840.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Camden, ME
- Founding
- 02/1969
- Data as of
- 12/2021
- 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 12/2021, 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 12/2021, United Mid-Coast Charities Inc generated $840.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $697.4k during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 7 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 203 individual grants totaling $3,079,767. 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
2021
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 | $84,100 |
Lori Alexander Chair | OfficerTrustee | 2 | $0 |
Dr James Hengerer Vice Chair | OfficerTrustee | 1 | $0 |
Frank Hackett Treasurer | OfficerTrustee | 1 | $0 |
Mary Sargent Secretary | OfficerTrustee | 1 | $0 |
Alexandra Fogel Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $33,765 |
| All other contributions, gifts, grants, and similar amounts not included above | $496,427 |
| Noncash contributions included in lines 1a–1f | $112,467 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $530,192 |
| Total Program Service Revenue | $0 |
| Investment income | $108,804 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $201,366 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $840,362 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $479,568 |
| 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. | $84,100 |
| Compensation of current officers, directors, key employees. | $25,230 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $34,246 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,687 |
| Payroll taxes | $8,923 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,530 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,604 |
| Fees for services: Other | $5,402 |
| Advertising and promotion | $0 |
| Office expenses | $8,945 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,111 |
| 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 | $4,060 |
| All other expenses | $0 |
| Total functional expenses | $697,396 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $398,077 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $23,582 |
| 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 | $1,157 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,216,520 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $700 |
| Total assets | $5,640,036 |
| Accounts payable and accrued expenses | $10,467 |
| 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 | $2,815 |
| Total liabilities | $13,310 |
| Net assets without donor restrictions | $3,728,550 |
| Net assets with donor restrictions | $1,898,176 |
| 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 | $5,640,036 |
Grants Awarded
Over the last fiscal year, United Mid-Coast Charities Inc has awarded $418,250 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
KNOX COUNTY HOMELESS COALITION PURPOSE: GENERAL OPERATIONS | $30,000 |
MCH INC PURPOSE: GENERAL OPERATIONS | $30,000 |
WALDO COUNTY YMCA PURPOSE: GENERAL OPERATIONS | $30,000 |
PENOBSCOT BAY YMCA PURPOSE: GENERAL OPERATIONS | $29,000 |
RESTORATIVE JUSTICE PURPOSE: GENERAL OPERATIONS | $28,500 |
NEW HOPE FOR WOMEN PURPOSE: GENERAL OPERATIONS | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that United Mid-Coast Charities Inc has recieved totaling $81,373.
| Awarding Organization | Amount |
|---|---|
Ploughshares Foundation Chicago, IL PURPOSE: GENERAL | $50,000 |
Bertuzzi Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Josephine And Bernard Wilkinson Us Foundation Winchester, MA PURPOSE: SERVICES | $10,000 |
Joe B Foster Family Foundation 052297 Houston, TX PURPOSE: CHARITABLE | $5,000 |
Otter Island Foundation Houston, TX PURPOSE: ANNUAL FUND CAMPAIGN | $2,361 |
Bangor Savings Bank Foundation Bangor, ME PURPOSE: GENERAL OPERATING SUPPORT | $1,800 |
Endowment Analysis
| Beg. Balance | $4,832,602 |
| Earnings | $504,375 |
| Admin Expense | $10,604 |
| Other Expense | $181,132 |
| Ending Balance | $5,145,241 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Granite United Way Manchester, NH | $10,904,464 | $19,030,593 |
United Way Inc Portland, ME | $21,043,682 | $13,282,477 |
United Way Of Greater Nashua Inc Nashua, NH | $1,945,140 | $2,501,353 |
Heart Of Maine United Way Bangor, ME | $5,339,304 | $2,989,676 |
Jewish Community Alliance Of Southern Maine Portland, ME | $12,590,266 | $2,545,946 |
United Way Of Mid Coast Maine Inc Bath, ME | $2,637,313 | $1,845,712 |
United Way Of Kennebec Valley Augusta, ME | $2,973,844 | $2,086,314 |
Monadnock United Way Inc Keene, NH | $3,611,197 | $2,296,861 |
The Masonic Charitable Foundation Of The Grand Lodge Of Maine Holden, ME | $35,415,349 | $2,059,993 |
Foundation For Portland Public Schools Portland, ME | $1,243,540 | $1,739,135 |
United Way Of Androscoggin County Inc Lewiston, ME | $3,239,187 | $1,022,027 |
United Way Of Aroostook Presque Isle, ME | $423,672 | $720,193 |