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EIN 01-0514175

Machias Savings Bank Community Development Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Machias
State
Maine
Year formed
1998
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Machias Savings Bank Community Development Foundation is a private foundation that primarily funds program support grants, facilities support grants, and facilities grants. Grantees include Sunrise County Economic Council and others. The Foundation made 70 grants last year.
Total revenues
$253,476
2023
Total expenses
$249,466
2023
Total assets
$3,404,153
2023
Num. employees
0
2023

Program areas at Machias Savings Bank Community Development Foundation

See part xv

Grants made by Machias Savings Bank Community Development Foundation

GranteeGrant descriptionAmount
Maine Lobstermens Community Alliance (MLA)Program Support Grant$50,000
Husson UniversityProgram Support Grant$25,000
FocusmaineProgram Support Grant$15,000
...and 25 more grants made totalling $202,750

Personnel at Machias Savings Bank Community Development Foundation

NameTitleCompensation
Matthew J WalshTreasurer$0

Financials for Machias Savings Bank Community Development Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$68,422
Net rental income$0
Net gain from sale of non-inventory assets$185,054
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$253,476

Form 990s for Machias Savings Bank Community Development Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-03-01990PFView PDF
2022-122023-03-17990PFView PDF
2021-122022-03-15990PFView PDF
2020-122021-04-09990PFView PDF
2019-122021-06-09990PFView PDF
...and 8 more Form 990s

Organizations like Machias Savings Bank Community Development Foundation

OrganizationLocationRevenue
Nfada Charitable FoundationWilliamsville, NY$566,562
Latah County Community FoundationMoscow, ID$107,452
Denver Kiwanis FoundationDenver, CO$80,886
Richard and Barrie Galanti FoundationSeattle, WA$380,723
AC and Penney Hubbard FoundationBaltimore, MD$319,177
OHL FoundationBrentwood, TN$378,508
Building Thriving Communities FoundationNewberry, SC$524,975
Daniel-Mickel FoundationGreenville, SC$301,552
Iron County Economic PartnershipIronton, MO$501,068
Frankenmuth Insurance FoundationFrankenmuth, MI$410,283
Data update history
May 21, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 18, 2023
Posted financials
Added Form 990PF for fiscal year 2022
August 11, 2022
Posted financials
Added Form 990PF for fiscal year 2020
August 2, 2022
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Community improvement
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
PO Box 318
Machias, ME 04654
County
Washington County, ME
Website URL
machiassavings.bank/community/grants-donations/ 
Phone
(207) 255-3347
IRS details
EIN
01-0514175
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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