Overview
What is Fame Leaders?
Fame Leaders is a nonprofit organization situated in Augusta, Maine. Their primary mission is to offer student loan repayment assistance to individuals who reside and work in Maine, specifically in STEM-related occupations at Maine-based employers. Eligible candidates can receive aid equivalent to half of their outstanding student loan balance, with a maximum limit of $60,000. The program welcomes recent college graduates and those who will soon complete their degree or certificate, as well as established STEM workers in Maine. The goal is to alleviate the financial burden of student loans, thereby attracting and retaining talented professionals in the STEM field within Maine.
Official website here: www.famemaine.com/affording-education/
What do the Facebook reviews say about Fame Leaders?
There are currently two reviews for Fame Leaders on Facebook, reflecting a new presence in the nonprofit sector. One reviewer expressed appreciation for the helpfulness of a staff member, Nikki, highlighting her positive attitude and willingness to assist with any questions. The reviewer noted that this support helps alleviate stress, indicating a commitment to providing a supportive experience.
While the reviews are limited, the sentiment surrounding the organization is encouraging. The positive interaction described suggests that Fame Leaders is on the right track to facilitating a stress-free experience for those seeking assistance. Overall, it seems that initial impressions are favorable, and there is optimism for the organization's future impact.
This AI summary has been generated from reviews found on Facebook.
Is Fame Leaders legitimate?
Fame Leaders is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fame Leaders 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.famemaine.com/affording-education/
What is the mission statement of Fame Leaders?
Fame Leaders' mission is centered around providing student loan repayment assistance. Specifically, they aim to help individuals who are pursuing or have completed degrees in STEM-designated fields and are employed by Maine-based companies. The organization offers financial aid, up to half of the outstanding student loan balance, not exceeding $60,000, to eligible applicants. The program is open to recent graduates and existing STEM workers with student loan debt. The loan repayment awards are contingent upon the selected individuals beginning a STEM position in Maine and relocating to the state.
Official website here: www.famemaine.com/affording-education/
Who is the CEO of Fame Leaders?
Martha Johnston is the President of Fame Leaders.
Official website here: www.famemaine.com/affording-education/
What is the revenue of Fame Leaders?
Fame Leaders's revenue in 2022 was $658,388.
Official website here: www.famemaine.com/affording-education/
Who are the executives of Fame Leaders and what are their salaries?
There 1 volunteer at Fame Leaders.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $132,905
- Other: $35,495
- Compensation: $0
- Related: $164,772
- Other: $37,339
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.famemaine.com/affording-education/
Where can I find the form 990 for Fame Leaders?
Fame Leaders's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.famemaine.com/affording-education/
Learn more at the official website: www.famemaine.com/affording-education/
Mission Statement of Fame Leaders
Fame Leaders, an organization committed to assisting individuals, offers student loan repayment assistance to individuals who reside and work in Maine, specifically in STEM-designated occupations. The mission of Fame Leaders, as stated, is to alleviate the financial burden of student loans for these individuals. Eligible candidates may receive up to half of their outstanding loan balance, with a maximum of $60,000, provided they meet the criteria of living and working in Maine in a STEM-designated occupation at a Maine-based employer. Both recent college graduates and established STEM workers with student loan debt can apply for this program. The loan repayment awards for recent graduates or those about to graduate will be finalized once they secure a STEM position in Maine and relocate to the state.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Fame Leaders has a significant impact on individuals and the broader community in Maine by alleviating the burden of student loan debt for those working in STEM-designated occupations. By providing financial assistance for loan repayment, the Alfond Leaders Student Debt Reduction Program enables professionals to focus on their careers and personal development rather than being weighed down by financial stress.
This initiative not only supports recent graduates and existing professionals in managing their student loans—potentially reducing their outstanding balance by up to $60,000—but also encourages them to build their careers within the state. By prioritizing those who work for Maine-based employers, Fame Leaders helps to ensure that skilled talent remains in the region, contributing to the local economy and fostering innovation in critical fields.
Additionally, this program could enhance workforce retention in STEM sectors, which are vital for technological advancement and economic growth. As participants stabilize their financial situations, they are likely to invest more in their communities and cultivate a stronger, more vibrant workforce in Maine. Overall, Fame Leaders fosters a sustainable cycle of education, employment, and economic resilience that benefits both individuals and the state.
This information is meant to be a general summary of Fame Leaders. 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.
- Gross Receipts: $658,388
Assets and Liabilities:
- Total Assets: $43
- Total Liabilities: $0
- Net Assets: $43
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2016
Phone
(207) 623-3263Principal Officer
Martha Johnston
Main Address
PO Box 949, Augusta, ME, 04332
NTEE Category
Code: W11 - Public benefit
If you are a representative of Fame Leaders and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.