Trustees Of Monmouth Academy

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

EIN: 010545125 ✦ Monmouth, ME ✦ Designated as a 501(c)(3)

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Overview

What is Trustees Of Monmouth Academy?

Trustees of Monmouth Academy is a nonprofit organization based in Monmouth, Maine, with a focused mission to offer financial aid and scholarships to students. This charitable institution aims to empower and support deserving students by providing them with essential financial assistance, thereby enabling them to pursue their educational goals. The organization's primary activity is to grant awards and scholarships, ensuring that deserving students have the opportunity to further their education without financial constraints.

Is Trustees Of Monmouth Academy legitimate?

Trustees Of Monmouth Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trustees Of Monmouth Academy 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: $500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Trustees Of Monmouth Academy?

The Trustees of Monmouth Academy is an organization dedicated to providing financial aid and scholarships for students. Their mission is centered around awarding funds to help students overcome financial barriers in pursuit of their education. By offering scholarships, the Trustees aim to empower students and enhance their educational opportunities. The organization is committed to supporting students in their academic journey, providing them with the necessary financial assistance to achieve their educational goals.

Who is the CEO of Trustees Of Monmouth Academy?

David Walker is the President of Trustees Of Monmouth Academy.

What is the revenue of Trustees Of Monmouth Academy?

Trustees Of Monmouth Academy's revenue in 2023 was $60,984.

Who are the executives of Trustees Of Monmouth Academy and what are their salaries?

There 15 volunteers at Trustees Of Monmouth Academy.


Here are 14 key members and their salaries:


David Walker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Robertson (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Palleschi (Treasurer)
  • Compensation: $500
  • Related: $0
  • Other: $0
Kristin Sanborn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Larry Buggia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leanne Burnham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Fairchild (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Ham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi Jackson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugh Lemaster (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trudy Palleschi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Poole (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Pratte (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Sawtelle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Trustees Of Monmouth Academy?

Trustees Of Monmouth Academy's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Trustees Of Monmouth Academy

The Trustees of Monmouth Academy, a distinguished organization, is devoted to providing financial aid and scholarships for students. Its primary mission is to support students in their educational pursuits by offering awards and scholarships. This nonprofit organization aims to make higher education more accessible to deserving students, thereby contributing to their personal growth and future success.

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Impact




October, 2024

Trustees Of Monmouth Academy significantly impacts the community by providing essential financial support for students through awards and scholarships. By alleviating the financial burden of education, they enable students to pursue their academic goals without the deterrent of high costs. This fosters a more equitable educational environment, encouraging higher educational attainment and broadening opportunities for success among students in Monmouth, ME. The organization’s commitment to supporting educational advancement helps empower the next generation, cultivating informed and capable individuals who contribute positively to society.




This information is meant to be a general summary of Trustees Of Monmouth Academy. 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
$60,984 (2023)
Expenses
$73,020 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $54,198
  • Gross Receipts: $722,802

Assets and Liabilities:

  • Total Assets: $1,903,486
  • Total Liabilities: $0
  • Net Assets: $1,903,486

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Organization Details

Founding Year

1803

Principal Officer

David Walker

Main Address

157 ACADEMY ROAD, MONMOUTH, ME, 04259

NTEE Category

Code: B82 - Education

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