Overview
What is Maine Association Of Realtors Found?
The Maine Association of Realtors Found is a nonprofit organization situated at 19 Community Drive, Augusta, Maine 04330. Their primary mission is to enhance housing opportunities and implement weatherization measures for low-income residents in Maine. To achieve this goal, they distribute grants to local organizations. This nonprofit, staffed by a single individual, seeks to improve living conditions for those in need, thereby contributing to the overall well-being of the Maine community.
Official website here: www.mainerealtors.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating. The Maine Association Of Realtors Found has achieved a solid rating, reflecting commendable accountability and financial management practices. The score is based entirely on its Accountability & Finance metrics, which suggests a strong focus on responsible stewardship of resources.
Strengths of the organization include a fully independent board, as evidenced by a perfect score in both majority independent board members and independent board size. Additionally, the nonprofit demonstrates transparency by documenting board meeting minutes and ensuring its website is listed on its tax form. Financially, it shows a healthy balance with a favorable liabilities to assets ratio and a high program expense ratio.
However, while the overall score is positive, the single beacon score indicates that potential donors may want to look deeper into other areas of effectiveness and impact that are not captured in the financial metrics alone. This could highlight a limitation for those interested in holistic evaluations of nonprofit performance.
This AI summary has been generated from information found on Charity Navigator.
Is Maine Association Of Realtors Found legitimate?
Maine Association Of Realtors Found is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maine Association Of Realtors Found submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,207
For more financial information, click here
Official website here: www.mainerealtors.com
What is the mission statement of Maine Association Of Realtors Found?
The Maine Association of Realtors Found is committed to providing low-income grants for housing and weatherization. This mission is carried out by offering financial aid to local organizations, with the goal of expanding housing opportunities and improving energy efficiency for economically disadvantaged residents in Maine. The foundation's primary objective is to contribute to the betterment of living conditions for those in need, thereby enhancing their overall quality of life.
Official website here: www.mainerealtors.com
Who is the CEO of Maine Association Of Realtors Found?
Suzanne Guild is the Director of Maine Association Of Realtors Found.
Official website here: www.mainerealtors.com
What is the revenue of Maine Association Of Realtors Found?
Maine Association Of Realtors Found's revenue in 2022 was $79,549.
Official website here: www.mainerealtors.com
Who are the executives of Maine Association Of Realtors Found and what are their salaries?
The average compensation at Maine Association Of Realtors Found during 2022 was $15,207. There is 1 employee at Maine Association Of Realtors Found.
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Official website here: www.mainerealtors.com
Where can I find the form 990 for Maine Association Of Realtors Found?
Maine Association Of Realtors Found's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mainerealtors.com
Learn more at the official website: www.mainerealtors.com
Mission Statement of Maine Association Of Realtors Found
The Maine Association of Realtors Found is dedicated to providing essential aid in the form of grants. Its primary mission is to enhance housing opportunities and improve energy efficiency for low-income residents in Maine. This is achieved by distributing funds to local organizations, aiming to weatherize homes and expand accessible housing options for this demographic. Through these efforts, the organization strives to contribute positively to the community, ensuring that every individual has a safe and comfortable living space.
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Impact
August, 2024
The Maine Association of Realtors Foundation has a significant impact on low-income residents in Maine by providing grants for housing and weatherization. Through its efforts, the foundation helps increase housing opportunities and improve energy efficiency for those in need. This support plays a vital role in enhancing the living conditions and overall well-being of low-income Maine residents, making a tangible difference in their lives.
This information is meant to be a general summary of Maine Association Of Realtors Found. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$127,490
- Gross Receipts: $79,549
Assets and Liabilities:
- Total Assets: $1,606,791
- Total Liabilities: $0
- Net Assets: $1,606,791
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Organization Details
Phone
(207) 622-7501Principal Officer
Suzanne Guild
Main Address
19 COMMUNITY DRIVE, AUGUSTA, ME, 04330
Website
www.mainerealtors.comNTEE Category
Code: L20 - Housing
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