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Maine Share

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010444245 ✦ Portland, ME ✦ Designated as a 501(c)(3)

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Overview

What is Maine Share?

Maine Share is a nonprofit organization that simplifies charitable giving, enabling donations to more than 40 statewide organizations striving to improve the quality of life in Maine. These organizations are committed to various causes, collectively working towards making Maine a more prosperous and welcoming place. By contributing through Maine Share, individuals have the opportunity to support a wide range of initiatives that contribute positively to their community.


Official website here: www.maineshare.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 68% (Two-Star out of Four Star rating)

Maine Share has received a Two-Star rating from Charity Navigator, reflecting a score of 68% based entirely on its accountability and finance practices. This score indicates a moderate level of effectiveness in financial management and transparency. The organization demonstrates strong governance with an independent board and has established several important policies, contributing positively to its accountability profile.

However, there are notable weaknesses that impact its overall rating. The organization scored poorly on the whistleblower and document retention policies, which received no points. Additionally, the liabilities to assets ratio was not favorable, indicating potential financial risks that may require further scrutiny.

Despite these concerns, Maine Share excels in areas such as program expense ratio and the management of assets, showing a commitment to allocating resources effectively. Overall, while the organization has strengths in governance and financial policies, addressing the identified weaknesses will be crucial for improving its rating and overall impact.


This AI summary has been generated from information found on Charity Navigator.

Is Maine Share legitimate?

Maine Share is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maine Share submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.maineshare.org

What is the mission statement of Maine Share?

Maine Share's mission is centered around facilitating donations to over 40 organizations in Maine, all of which are dedicated to bettering the state as a whole. By providing an easy donation platform, Maine Share enables these organizations to continue their everyday efforts to improve Maine's quality of life. This mission statement underscores Maine Share's role in supporting and strengthening the community by empowering various organizations working towards a common goal.


Official website here: www.maineshare.org

Who is the CEO of Maine Share?

Amy Hillstrom is the Treasurer of Maine Share.


Official website here: www.maineshare.org

What is the revenue of Maine Share?

Maine Share's revenue in 2021 was $152,296.


Official website here: www.maineshare.org

Who are the executives of Maine Share and what are their salaries?


Here are 6 key members and their salaries:


Bailey Auspland (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodie Lapchick (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Hillstrom (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Drummond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Martin (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Peluso (Interim Ed)
  • Compensation: $70,900
  • Related: $0
  • Other: $0


Official website here: www.maineshare.org

Where can I find the form 990EZ for Maine Share?

Maine Share's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.maineshare.org

Learn more at the official website: www.maineshare.org

Mission Statement of Maine Share

Maine Share, as stated, is an initiative that simplifies the donation process for individuals who wish to contribute to various organizations striving to enhance Maine's living standards. By donating through Maine Share, contributions are directed towards over forty statewide organizations that are actively working towards making Maine a more livable place. This platform serves as a platform for individuals to support numerous causes that resonate with them, thus contributing to a collective effort to improve their community.

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Impact




October, 2024

Maine Share has a significant impact by streamlining the donation process to over 40 organizations dedicated to improving the quality of life in Maine. By providing a platform for individuals to contribute, it fosters a culture of giving and community support, ultimately strengthening the social fabric across the state. The funds raised support a diverse range of initiatives, from environmental conservation to health and wellness programs, ensuring that vital services are available to those in need. Through its efforts, Maine Share amplifies the voices of local organizations, enabling them to sustain and expand their work in creating positive change. This collaborative approach not only benefits the organizations involved but also enhances the resilience and wellbeing of communities throughout Maine.




This information is meant to be a general summary of Maine Share. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$152,296 (2021)
Expenses
$109,199 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $164
  • Program Service Revenue: $36,197
  • Gross Receipts: $152,296

Assets and Liabilities:

  • Total Assets: $6,720
  • Total Liabilities: $4,256
  • Net Assets: $2,464

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Organization Details

Principal Officer

Amy Hillstrom

Main Address

56 NORTH STREET SUITE 100, PORTLAND, ME, 04101

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