NonprofitsInstitute For Family-Owned Business

Community Improvement

Institute For Family-Owned Business

PORTLAND, ME

Total revenue

$305K

Total expenses

$297K

Net assets

$171K

Grants received

$17K

3 grants

EIN

262428220

Tax year

2024

Mission

To support the success of family owned businesses in Maine.

Financials

FY 2024

Revenue

Contributions & grants$357K
Program service revenue$37K
Investment income$6K
Other revenue
Total revenue$305K

Expenses

Grants paid
Salaries & benefits$193K
Fundraising$40K
Other expenses$105K
Total expenses$297K
Total assets$188K
Net assets$171K

People

21 listed

NameRoleCompensation

Catherine Wygant Fossett

Executive Director

Board

$105K

40 hrs/wk

Dottie Chalmers Cutter

Past Chair

Board

1 hrs/wk

Deirdre Wadsworth

Vice Chair

Board

1 hrs/wk

Jacques Santucci

Treasurer

Board

1 hrs/wk

Jeffrey Messer

Secretary

Board

1 hrs/wk

David R Ciullo

Board Member

Board

1 hrs/wk

Mike Anderson

Board Member

Board

1 hrs/wk

Gary Bergeron

Board Member

Board

1 hrs/wk

Joshua Ellis

Board Member

Board

1 hrs/wk

Shae-Li Fendler

Board Member

Board

1 hrs/wk

Joe Capozza III

Chair

Board

1 hrs/wk

Christopher Lynch

Board Member

Board

1 hrs/wk

Paula Mahony

Board Member

Board

1 hrs/wk

Shauna Miller

Board Member

Board

1 hrs/wk

Katie Rooks

Board Member

Board

1 hrs/wk

Christopher R Smith

Board Member

Board

1 hrs/wk

Lydia Swann

Board Member

Board

1 hrs/wk

Linda Varrell

Board Member

Board

1 hrs/wk

Christopher Wasileski

Board Member

Board

1 hrs/wk

Seth Webber

Board Member

Board

1 hrs/wk

Laura Linscott

Board Member

Board

1 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$5K
Leaders & Luminaries Award
2023
$9K
EMPOWING FAMILY OWNED BUSINESSES
2020
$3K
General Operating Support
2019

Funded by

$17K from 3 funders · 3 grants · 2019–2023

Details

EIN262428220
NTEE codeS194
Subsection03
Ruling date2008-12
Formed2008
Employees2
Volunteers32
INSTITUTE FOR FAMILY-OWNED BUSINESS — Mission, Financials & Grants Received | Grantivo