Maine National Guard Foundation Fund

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

EIN: 010450803 ✦ Augusta, ME ✦ Designated as a 501(c)(3)

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Overview

What is Maine National Guard Foundation Fund?

The Maine National Guard Foundation Fund is a nonprofit organization, specifically based in Augusta, Maine, with the postal address of Camp Keyes State House Station 33. Their primary mission is to extend emergency aid and services to military personnel and their families in times of need. This assistance can cover expenses such as utility bills, repairs, and food, among others. By providing this support, the organization aims to alleviate the financial pressures that may arise for military families during challenging circumstances.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Star rating)

The Maine National Guard Foundation Fund has achieved a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and finance management. The rating is based entirely on a single beacon score, showcasing the organization’s commitment to financial transparency and integrity. The foundation has a perfect score in various categories, including the independence of its board members, which consists entirely of independent members, and the absence of any material diversion of assets.

Strengths noted in the evaluation include the foundation's strong governance practices, with comprehensive policies in place for conflict of interest, whistleblower protections, and document retention. Additionally, the organization boasts an impressive program expense ratio of 100%, indicating that all of its resources are directed toward fulfilling its mission rather than administrative costs. This strong financial stewardship suggests that donations are effectively used to support the objectives of the organization.

While the data reflects a robust financial and operational standing, no specific limitations were highlighted in the overall assessment. The Maine National Guard Foundation Fund appears to maintain a solid reputation for managing its resources responsibly, making it a trustworthy choice for potential donors looking to support military personnel and their families.


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

Is Maine National Guard Foundation Fund legitimate?

Maine National Guard Foundation Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maine National Guard Foundation Fund 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: $0

For more financial information, click here

What is the mission statement of Maine National Guard Foundation Fund?

The Maine National Guard Foundation Fund's mission is centered around providing aid and assistance in times of emergency to the families of military personnel. This nonprofit organization strives to alleviate financial burdens faced by these families, offering direct grants to cover essential expenses such as heating costs, home repairs, and food. Their mission is to serve as a supportive network, offering relief during challenging times.

Who is the CEO of Maine National Guard Foundation Fund?

Barbara Claudel is the President of Maine National Guard Foundation Fund.

What is the revenue of Maine National Guard Foundation Fund?

Maine National Guard Foundation Fund's revenue in 2021 was $38,346.

Who are the executives of Maine National Guard Foundation Fund and what are their salaries?


Here are 10 key members and their salaries:


Barbara Claudel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Voter (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Farrell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Abbott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Doody (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Matteus (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mathew Shannon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Matlins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Gooldrup (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jusin Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Maine National Guard Foundation Fund?

Maine National Guard Foundation Fund's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Maine National Guard Foundation Fund

The Maine National Guard Foundation Fund is committed to a mission that involves offering emergency assistance and services to military personnel and their families. This nonprofit organization operates with the primary goal of providing direct financial aid to these families in times of need. This assistance can be utilized to cover various expenses such as paying for utilities, making necessary repairs, and purchasing essentials like food. By offering this support, the Maine National Guard Foundation Fund aims to alleviate some of the financial burdens faced by military families, ensuring they can maintain their daily lives with relative ease.

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Impact




August, 2024

The impact of the Maine National Guard Foundation Fund is significant in providing emergency assistance and services to military personnel and their families in Maine. Through direct grants, the foundation helps military families in need of emergency assistance for essentials such as heat, repairs, and food. By fulfilling this mission, the Maine National Guard Foundation Fund plays a crucial role in supporting the well-being and stability of those who serve in the military and their families.




This information is meant to be a general summary of Maine National Guard Foundation Fund. 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
$38,346 (2021)
Expenses
$69,661 (2021)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Gross Receipts: $38,346

Assets and Liabilities:

  • Total Assets: $154,752
  • Total Liabilities: $0
  • Net Assets: $154,752

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Organization Details

Founding Year

1990

Principal Officer

Barbara Claudel

Main Address

Camp Keyes State House Station 33, Augusta, ME, 04333

NTEE Category

Code: P12 - Human services

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