EIN 84-4249483

The Recompense Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
2020
Most recent tax filings
2023-12-01
Description
The Recompense Fund supports charitable and community organizations on Chebeague Island, ME. It granted a 501(c)3 to Chebeague Island Hall & Community Center for the purpose of installing a sound and audiovisual system. Additionally, it has programs that aid in the disaffiliation process for Grant 501(c)3 Chebeague Community Church.
Total revenues
$274,693
2023
Total expenses
$101,148
2023
Total assets
$1,298,466
2023
Num. employees
0
2023

Program areas at The Recompense Fund

Chebeague recreation center
Chebeague island commons resource center
Chebeaugue island hall community center

Grants made by The Recompense Fund

GranteeGrant descriptionAmount
Island Commons Resource CenterInstall A Heat Pump System$7,600
Chebeague Island Historical SocietyDevelop An Exhibit Offering Overview of Island's Hstory$7,000
Chebeague Island LibraryUpgrade Website$7,000
...and 1 more grant made

Who funds The Recompense Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Greater Cincinnati FoundationProgramatic Support$10,000
Schwab Charitable FundHuman Services$5,500
Anne R and R Harper Brown FoundationGeneral Fund$5,000
...and 4 more grants received

Personnel at The Recompense Fund

NameTitleCompensation
James van FleetTreasurer$0
Scott SearwayVice President$0
Beverly JohnsonPresident$0
Elaine ClarkSecretary$0

Financials for The Recompense Fund

RevenuesFYE 12/2023
Total grants, contributions, etc.$176,120
Program services$0
Investment income and dividends$7,196
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$91,377
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$274,693

Form 990s for The Recompense Fund

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-15990View PDF
2022-122023-05-15990View PDF
2021-122022-05-09990View PDF
2020-122022-03-09990View PDF
2020-122022-03-03990View PDF
Data update history
September 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 16, 2024
Received grants
Identified 1 new grant, including a grant for $5,000 from Anne R and R Harper Brown Foundation
December 27, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from The Greater Cincinnati Foundation
December 26, 2023
Received grants
Identified 5 new grant, including a grant for $38,983 from Maine Community Foundation
July 4, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsCorporate foundationsHuman service organizationsCharities
Issues
Human services
Characteristics
Provides grantsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 42
Chebeague Island, ME 04017
Metro area
Portland-South Portland, ME
County
Cumberland County, ME
Website URL
recompensefund.com/ 
Phone
(207) 838-3163
IRS details
EIN
84-4249483
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P20: Human Service Organizations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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