Overview
What is Maine Energy Marketers Association Education Foundation?
The Maine Energy Marketers Association Education Foundation, located at 25 Greenwood Road, Brunswick, ME 04011, is a nonprofit organization dedicated to promoting the use of heating fuels, motor fuels, convenience stores, and related equipment. They achieve this goal through educational courses and public announcements. Their mission involves providing training and information to individuals and businesses in this sector, contributing to its growth and development. The foundation serves as a valuable resource for those interested in this industry, fostering knowledge and understanding about the various aspects of energy and fuel markets.
Official website here: www.maineenergymarketers.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57% (One-Star out of Four Stars)
The Maine Energy Marketers Association Education Foundation has received a One-Star rating from Charity Navigator, primarily based on its Accountability & Finance score. While the organization boasts a fully independent board and has no reported material diversion of assets, the overall score reflects significant concerns related to governance practices.
Strengths include a high percentage of independent board members and a favorable liabilities to assets ratio, indicating some financial stability. However, the foundation has notable deficiencies, such as the absence of a conflict of interest policy, whistleblower policy, and documented retention practices, which contributed to its low score in Accountability & Finance.
These governance shortcomings suggest a need for improvement in transparency and policy adherence. While the foundation demonstrates some positive financial indicators, addressing these weaknesses would enhance its overall effectiveness and trustworthiness among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Maine Energy Marketers Association Education Foundation legitimate?
Maine Energy Marketers Association Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maine Energy Marketers Association Education Foundation 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
Official website here: www.maineenergymarketers.com
What is the mission statement of Maine Energy Marketers Association Education Foundation?
The Maine Energy Marketers Association Education Foundation's mission is centered around promoting the use of heating fuels, motor fuels, and related equipment. They achieve this through the provision of educational courses and public announcements. The foundation's primary goal is to increase understanding and awareness of these energy sources, thereby fostering their widespread use. Additionally, the foundation offers training programs to enhance the knowledge and skills related to heating oil and equipment. The aim is to educate and inform the public, ultimately promoting the use of these energy sources and related equipment.
Official website here: www.maineenergymarketers.com
Who is the CEO of Maine Energy Marketers Association Education Foundation?
Charles Summers is the President of Maine Energy Marketers Association Education Foundation.
Official website here: www.maineenergymarketers.com
What is the revenue of Maine Energy Marketers Association Education Foundation?
Maine Energy Marketers Association Education Foundation's revenue in 2022 was $1,057,294.
Official website here: www.maineenergymarketers.com
Who are the executives of Maine Energy Marketers Association Education Foundation and what are their salaries?
There 20 volunteers at Maine Energy Marketers Association Education Foundation.
Here are 18 key members and their salaries:
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Official website here: www.maineenergymarketers.com
Where can I find the form 990 for Maine Energy Marketers Association Education Foundation?
Maine Energy Marketers Association Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.maineenergymarketers.com
Learn more at the official website: www.maineenergymarketers.com
Mission Statement of Maine Energy Marketers Association Education Foundation
The Maine Energy Marketers Association Education Foundation is committed to advocating for the promotion of heating fuels, motor fuels, convenience stores, and related equipment. They achieve this goal through the provision of educational courses and public announcements. By offering these educational opportunities, the foundation aims to raise awareness and foster a better understanding of the importance of heating oil and related equipment in various sectors. The mission of the Maine Energy Marketers Association Education Foundation is to contribute to the wider community by educating and informing, thereby enhancing the use and appreciation of heating fuels and related equipment.
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Impact
July, 2024
Maine Energy Marketers Association Education Foundation promotes heating fuels, motor fuels, convenience stores, and equipment through educational courses and public education announcements. The foundation focuses on promoting heating oil and equipment through educational courses and training. Their impact is evident in providing education and training to individuals in the industry, ultimately contributing to the workforce development and advancement within the heating fuels and motor fuels sectors.
This information is meant to be a general summary of Maine Energy Marketers Association Education Foundation. 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: -$36,020
- Program Service Revenue: $898,616
- Gross Receipts: $1,213,540
Assets and Liabilities:
- Total Assets: $1,949,630
- Total Liabilities: $126,875
- Net Assets: $1,822,755
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION
Revenue
$898,616
Organization Details
Founding Year
1996
Phone
(207) 729-5298Principal Officer
Charles Summers
Main Address
25 GREENWOOD ROAD, BRUNSWICK, ME, 04011
Website
www.maineenergymarketers.comNTEE Category
Code: J22 - Employment
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