Maine Water Utilities Scholarship Fund
- Assets
- $38.4k
- Revenue
- $1.6k
- Investments
- $28.7k
- Employees
- 0
- Location
- Augusta, ME
- Founding
- 05/2017
- Data as of
- 12/2022
- EIN
- 82-1223751
Organization Overview
Maine Water Utilities Scholarship Fund is located in Augusta, ME. The organization was established in 2017. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, 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 Water Utilities Scholarship Fund 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 12/2022, Maine Water Utilities Scholarship Fund generated $1.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (44.6%) each year. All expenses for the organization totaled $2.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS FOR STUDENTS
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 |
|---|---|---|---|
Mary Jane Dillingham President | 1 | $0 | |
Judy Wallingford Treasurer | 1 | $0 | |
Craig Douglas Secretary | 1 | $0 | |
Robbie Bickford Director | 1 | $0 | |
Kirsten Ness Director | 1 | $0 | |
Jefferson Longfellow Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,122 |
| Interest on Savings | $0 |
| Dividends & Interest | $469 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$26 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,565 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $217 |
| Total operating and administrative expenses | $217 |
| Contributions, gifts, grants paid | $2,000 |
| Total expenses and disbursements | $2,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,683 |
| Savings and temporary cash investments | $0 |
| 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 | $38,410 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Maine Water Utilities Scholarship Fund has awarded $2,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WESLEY CLEMENTS PURPOSE: SCHOLARSHIP | $1,000 |
AMBER LYONS PURPOSE: SCHOLARSHIP | $1,000 |