NonprofitsRecompense Fund

Human Services

Recompense Fund

CHEBEAGUE IS, ME

Total revenue

$325K

Total expenses

$96K

Net assets

$1.5M

Grants received

$922K

23 grants

EIN

844249483

Tax year

2024

Mission

To support charitable and community organizations on chebeague island, me

Programs

2 programs

Chebeaugue island historical society

Expenses: $11KGrants: $11K

Chebeague island library

Expenses: $13KGrants: $13K

Financials

FY 2024

Revenue

Contributions & grants$181K
Program service revenue
Investment income$144K
Other revenue
Total revenue$325K

Expenses

Grants paid$67K
Salaries & benefits
Fundraising
Other expenses$29K
Total expenses$96K
Total assets$1.5M
Net assets$1.5M

People

13 listed

NameRoleCompensation

BEVERLY JOHNSON

VICE CHAIR

Board

3 hrs/wk

SCOTT SEARWAY

MEMBER

Board

2 hrs/wk

ELAINE CLARK

MEMBER

Board

2 hrs/wk

JAMES VAN FLEET

TREASURER

Board

2 hrs/wk

MICHAEL MCNULTY

MEMBER

Board

1 hrs/wk

JUSTIN DOUGHTY

MEMBER

Board

1 hrs/wk

CHIP EMERY

MEMBER

Board

1 hrs/wk

VICKI TODD

MEMBER

Board

1 hrs/wk

BETTS MAYER

MEMBER

Board

1 hrs/wk

LAURA SUMMA

MEMBER

Board

1 hrs/wk

MEREDITH BEAUPRE

MEMBER

Board

1 hrs/wk

ABBY JULIEN

MEMBER

Board

1 hrs/wk

MORRISON WEBB

CHAIR

Board

1 hrs/wk

Grants received

Showing 23 of 23

FromAmountPurposeYear
$10K
PROGRAMATIC SUPPORT
2024
$10K
PROGRAMATIC SUPPORT
2024
$15K
GENERAL OPERATING SUPPORT
2023
$10K
PROGRAMATIC SUPPORT
2023
$5K
GENERAL FUND
2023
$150
THE RECOMPENSE FUND IS DEDICATED EXCLUSIVELY TO CHEBEAGUE. IT IS A 501(C)3 PHILANTHROPIC ORGANIZATION. FORMERLY CALLED THE THE RECOMPENSE FOUNDATION, IT WAS FOUNDED IN 1991. SINCE TRANSITIONING FROM A SINGLE DONOR FOUNDATION IN 2013, THE RECOMPENSE FUND HAS GROWN RAPIDLY TO OVER 500 DONORS WHO GIVE GENEROUSLY OF THEIR RESOURCES AND IDEAS.
2023
$88
GENERAL PURPOSE
2023
$10K
GENERAL PURPOSE
2022
$5K
GENERAL FUND
2022
$5K
GENERAL OPERATING SUPPORT
2022
$88
GENERAL PURPOSE
2022
$5K
GENERAL FUND
2021
$791K
Human Service Organizations
2020
$13K
TO BRING RESOURCES TO ISLAND NONPROFITS TO SUPPORT THEIR EFFORTS TO SUSTAIN CHEBEAGUE ISLAND AS A YEAR-ROUND COMMUNITY
2020
$13K
TO BRING RESOURCES TO ISLAND NONPROFITS TO SUPPORT THEIR EFFORTS TO SUSTAIN CHEBEAGUE ISLAND AS A YEAR-ROUND COMMUNITY
2020
$3K
GENERAL FUND
2020

Funded by

$922K from 8 funders · 23 grants · 2020–2024

Maine Community Foundation Inc

$791K · 1 grant · 2020

Raymond Family Foundation

$47K · 4 grants · 2020–2023

The Greater Cincinnati Foundation

$40K · 4 grants · 2022–2024

Anne R & R Harper Brown Fdn

$18K · 4 grants · 2020–2023

Donor Advised Charitable Giving Inc

$18K · 3 grants · 2021–2023

Hoyt Charitable Foundation F Sherman Hoyt &

$8K · 4 grants · 2020–2023

Amica Companies Foundation

$176 · 2 grants · 2022–2023

The Talbott And Ann Bond

$150 · 1 grant · 2023

Details

EIN844249483
NTEE codeP20
Subsection03
Ruling date2020-07
Formed2020
Employees0
Volunteers0
RECOMPENSE FUND — Mission, Financials & Grants Received | Grantivo