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Amistad Inc

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

EIN: 010500860 ✦ Portland, ME ✦ Designated as a 501(c)(3)

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Overview

What is Amistad Inc?

Amistad Inc, located in Portland, Maine, is a compassionate nonprofit organization with a mission to establish shared spaces that promote care, justice, and recovery. Their primary service is the Portland Peer Center, which offers one-on-one and group-based peer support, community navigation, and various other assistance. With a workforce of 67 dedicated individuals, Amistad Inc's goal is to create an inclusive environment where individuals can find solace, resources, and guidance. They strive to empower their community and contribute to the overall well-being of its members.


Official website here: www.amistadmaine.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Amistad Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in its accountability and financial management. The organization's overall score of 65% is primarily derived from its Accountability & Finance score, which reflects both strengths and weaknesses in various financial metrics and governance practices.

Strengths of Amistad Inc include a fully independent board with a high percentage of independent members, a strong policy framework encompassing conflict of interest and whistleblower protections, and effective oversight in financial statements. However, the organization faces significant challenges, notably in its independent board size and various financial ratios, which contributed to low scores in areas such as liabilities to assets and fundraising efficiency.

These limitations suggest that while Amistad Inc demonstrates some solid governance practices, there are critical financial areas that require attention to enhance its overall financial health and transparency. Addressing these weaknesses could potentially improve its rating and effectiveness in fulfilling its mission.


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

Is Amistad Inc legitimate?

Amistad Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Amistad Inc 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: $114,149
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,394,987

For more financial information, click here


Official website here: www.amistadmaine.org

What is the mission statement of Amistad Inc?

Amistad Inc's mission is centered around establishing shared spaces that promote care, justice, and recovery in various forms. This organization strives to create such environments, serving as a platform for individuals to find support and healing. At their Portland Peer Center, they offer one-on-one and group-based peer support, community navigation, and various other services. These initiatives aim to empower individuals and help them navigate their journeys towards recovery and justice.


Official website here: www.amistadmaine.org

Who is the CEO of Amistad Inc?

Brian Townsend is the Executive Di of Amistad Inc.


Official website here: www.amistadmaine.org

What is the revenue of Amistad Inc?

Amistad Inc's revenue in 2022 was $2,453,607.


Official website here: www.amistadmaine.org

Who are the executives of Amistad Inc and what are their salaries?

The average compensation at Amistad Inc during 2022 was $22,524. There are 67 employees and 35 volunteers at Amistad Inc.


Here are 9 key members and their salaries:


Brian Townsend (Executive Di)
  • Compensation: $85,250
  • Related: $0
  • Other: $23,559
Amanda Loubier (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Thayer (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Maze (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Denehy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Chipman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Field (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Sanders (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Staples (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.amistadmaine.org

Where can I find the form 990 for Amistad Inc?

Amistad Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.amistadmaine.org

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

Mission Statement of Amistad Inc

Amistad Inc, a nonprofit organization, is dedicated to establishing shared spaces that promote care, justice, and recovery in various forms. Their mission is to create these inclusive environments where individuals can find solace, seek justice, and embark on their journey towards recovery. Amistad Inc achieves this mission through various means, one of which is the Portland Peer Center. This center provides one-on-one and group-based peer support, community navigation, and other essential services. This approach allows individuals to connect with their peers, share experiences, and navigate the challenges they face, thereby fostering a sense of community and support. By establishing these shared spaces, Amistad Inc aims to contribute to the overall well-being and recovery of individuals, fostering a more just and caring society.

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Impact




July, 2024

Amistad Inc's impact is significant in creating shared spaces of care, justice, and recovery in all its forms in Portland, Maine. Through its Portland Peer Center, the organization provides one-to-one and group-based peer support, community navigation, and other services to individuals in need. Amistad Inc's mission is to foster a sense of community and support for those seeking care, justice, and recovery, particularly in the realm of health. The organization plays a crucial role in promoting well-being and empowerment among individuals in the Portland area.




This information is meant to be a general summary of Amistad Inc. 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
$2,453,607 (2022)
Expenses
$2,564,920 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $10
  • Program Service Revenue: $13,898
  • Gross Receipts: $2,453,607

Assets and Liabilities:

  • Total Assets: $499,393
  • Total Liabilities: $321,086
  • Net Assets: $178,307

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RECOVERY RESIDENCES

Revenue

$13,898

Organization Details

Founding Year

1995

Principal Officer

Brian Townsend

Main Address

103 INDIA STEET, PORTLAND, ME, 04101

NTEE Category

Code: E99Z - Health

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