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Foundation Of The University At Presque Isle

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

EIN: 237211934 ✦ Presque isle, ME ✦ Designated as a 501(c)(3)

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Overview

What is Foundation Of The University At Presque Isle?

The Foundation of the University at Presque Isle is a nonprofit organization with a primary focus on managing endowment funds and offering scholarship opportunities to students. By managing these funds, the foundation aims to provide financial assistance to students, thereby supporting their educational pursuits. The organization's mission is centered around this dual role, ensuring that deserving students can access higher education without financial constraints.

Is Foundation Of The University At Presque Isle legitimate?

Foundation Of The University At Presque Isle is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Of The University At Presque Isle 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 Foundation Of The University At Presque Isle?

The Foundation of the University at Presque Isle's mission is centered around managing endowment funds and providing scholarship opportunities for students. This organization is dedicated to supporting the educational aspirations of numerous learners by offering financial aid. The mission of the foundation is twofold; it aims to manage its endowment funds effectively and distribute these funds as scholarships to eligible students.

Who is the CEO of Foundation Of The University At Presque Isle?

Martin Puckett is the President of Foundation Of The University At Presque Isle.

What is the revenue of Foundation Of The University At Presque Isle?

Foundation Of The University At Presque Isle's revenue in 2022 was $330,475.

Who are the executives of Foundation Of The University At Presque Isle and what are their salaries?


Here are 23 key members and their salaries:


Martin Puckett (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Wayne Cassidy Jr (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Sipe (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lise Collins (Executive Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clint Deschene (Executive Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Llori Keirstead (Executive Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Paradis (Executive Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Varnum (Executive Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Watson (Executive Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rayle Ainsworth (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Buck (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Ann Cowger (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Kelley Jr (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqui Lowman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Nordenhall (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kendra Overlock (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mandy Pooler (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Reynolds (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Rogeski (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Shaw (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Thompson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Wolverton (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Roark (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Foundation Of The University At Presque Isle?

Foundation Of The University At Presque Isle's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Foundation Of The University At Presque Isle

The Foundation of the University at Presque Isle is committed to managing endowment funds and providing scholarship opportunities for students. This nonprofit organization's mission is centered around ensuring that students have the financial support they need to pursue their education. By effectively managing endowment funds, the Foundation is able to distribute scholarships, thereby making higher education more accessible for deserving individuals. This mission is crucial in helping students overcome financial barriers and pave the way for their future success.

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Impact




October, 2024

The Foundation of the University at Presque Isle plays a critical role in enhancing educational opportunities for students by managing endowment funds and providing scholarship assistance. By allocating financial resources to students, the Foundation helps ease the burden of tuition costs, making higher education more accessible to a diverse range of individuals. This support can lead to increased enrollment, higher retention rates, and a more robust educational environment. The Foundation's efforts not only empower students to pursue their academic goals but also contribute to the overall growth and development of the community in Presque Isle, Maine. Through its initiatives, the Foundation helps cultivate a well-educated workforce that can positively impact the local economy and society as a whole.




This information is meant to be a general summary of Foundation Of The University At Presque Isle. 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
$330,475 (2022)
Expenses
$280,569 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $239,018
  • Gross Receipts: $330,475

Assets and Liabilities:

  • Total Assets: $6,616,510
  • Total Liabilities: $0
  • Net Assets: $6,616,510

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Organization Details

Founding Year

1972

Principal Officer

Martin Puckett

Main Address

181 Main Street, Presque Isle, ME, 04769

NTEE Category

Code: B43I - Education

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