Overview
What is The River Fund Maine?
The River Fund Maine is a dedicated nonprofit organization based in Newry, Maine, with a vision to foster a prosperous future for its community. Its mission encompasses three key areas: education, recreation, and community outreach. The nonprofit aims to nurture future community leaders through a merit-based scholarship program, empower students with problem-solving skills, and encourage career exploration. It also emphasizes the development of life skills and awareness of diverse career opportunities. Additionally, The River Fund Maine utilizes recreational assets to promote physical activity and emotional well-being in children and youth, and supports community-based projects that align with its mission. The organization prioritizes collaborative projects and is committed to making a significant impact in its community.
Official website here: www.http:/www.riverfundmaine.org
Is The River Fund Maine legitimate?
The River Fund Maine is a legitimate nonprofit organization registered as a 501(c)(3) entity. The River Fund Maine 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: $96,154
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,731
For more financial information, click here
Official website here: www.http:/www.riverfundmaine.org
What is the mission statement of The River Fund Maine?
The River Fund Maine's mission is to foster a prosperous future for its community by investing in youth education and leveraging the region's recreational assets. To achieve this, they focus on three primary areas: education, recreation, and community outreach. They do not aim for large, standalone projects but rather collaborate with other local organizations to achieve shared goals.
The fund offers a high-impact college scholarship program for local high school seniors based on academic achievement, leadership, and community involvement. They also focus on developing entrepreneurial and problem-solving skills in students through immersive workshops. Moreover, they encourage career exploration through mentorships and internships, broadening the economic future for the next generation.
In the realm of recreation, they strive to create healthy environments where children can engage in physical activities, be emotionally nurtured, and receive responsible coaching. They also aim to develop recreational assets that bring economic value to the region. The fund is willing to extend beyond its core charter to invest in creating learning environments for both adults and families, as education plays a significant role in higher employment rates and earnings.
The River Fund Maine supports shorter-term community projects that align with its mission, providing resources to organizations and groups, but not individuals. They prioritize cross-purpose projects and programs, believing that they can make a greater impact when developed collaboratively with other organizations.
Official website here: www.http:/www.riverfundmaine.org
Who is the CEO of The River Fund Maine?
Noah Tanguay-Collins is the Executive Di of The River Fund Maine.
Official website here: www.http:/www.riverfundmaine.org
What is the revenue of The River Fund Maine?
The River Fund Maine's revenue in 2022 was $139,326.
Official website here: www.http:/www.riverfundmaine.org
Who are the executives of The River Fund Maine and what are their salaries?
The average compensation at The River Fund Maine during 2022 was $66,442. There are 2 employees and 40 volunteers at The River Fund Maine.
Here are 12 key members and their salaries:
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Official website here: www.http:/www.riverfundmaine.org
Where can I find the form 990 for The River Fund Maine?
The River Fund Maine's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.http:/www.riverfundmaine.org
Learn more at the official website: www.http:/www.riverfundmaine.org
Mission Statement of The River Fund Maine
The River Fund Maine, a nonprofit organization, is dedicated to creating a prosperous economic future for its community. It achieves this mission by investing in the education of its youth and harnessing the recreational assets of the region. The River Fund Maine maintains an active portfolio of programs in three key areas: education, recreation, and community outreach. Instead of undertaking large, standalone community projects, it believes in fostering a shared commitment among all community segments and local philanthropic groups to achieve common goals.
In the realm of education, The River Fund Maine offers a high-impact college scholarship program to a local high school senior based on academic achievement, leadership, and community involvement. While financial need is an eligibility requirement, it is not a selection criterion. The goal is to cultivate a population of intellectually and emotionally prepared local students who can lead the next generation. The organization also focuses on developing entrepreneurial and problem-solving skills in 9th-12th grade students through immersive workshop experiences. The desired outcome is the development of assessment, analytical, and problem-solving skills in the participants and an increase in their confidence in confronting challenging situations.
Moreover, The River Fund Maine aims to broaden the economic future for the next generation of the community's children by increasing their awareness of diverse career opportunities and encouraging career sampling through mentorships and internships. By leveraging the networks of the well-educated, affluent second-homeowner population and connecting opportunities with local students, the organization aims to implement a communication tool and subsequent pipeline connecting local students with career opportunities within and beyond the community. The desired outcome is the implementation of sustainable job skills for the local population.
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Impact
October, 2024
The River Fund Maine significantly impacts the community by fostering education, recreation, and community engagement. By providing high-impact college scholarships to local high school seniors, it nurtures future leaders based on academic excellence, leadership qualities, and community involvement. This initiative not only recognizes achievement but also encourages personal growth among students, promoting a new generation equipped with skills and aspirations beyond their immediate environment.
Additionally, immersive workshops for middle and high school students focus on developing problem-solving and analytical skills, cultivating confidence necessary to tackle challenges. Providing mentorships and internships helps students explore diverse career opportunities, directly connecting them to local professionals and resources. This approach broadens their horizons and nurtures a sense of belonging within the broader economic landscape.
On the recreational front, The River Fund Maine utilizes community assets to create environments that promote physical activity and emotional well-being. The introduction of recreational programs enhances children's health and reinforces the value of active lifestyles. Plans for an indoor children's playground and water play facility aim to meet unmet needs within the community, serving as a year-round hub for diverse activities while attracting additional visitors and investments.
In essence, The River Fund Maine's initiatives work synergistically to empower local youth, build community resilience, and create a foundation for a sustainably thriving economy, ultimately shaping a brighter future for the region.
This information is meant to be a general summary of The River Fund Maine. 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: -$11,519
- Gross Receipts: $352,028
Assets and Liabilities:
- Total Assets: $508,740
- Total Liabilities: $5,927
- Net Assets: $502,813
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Organization Details
Founding Year
2018
Phone
(207) 418-0452Principal Officer
Noah Tanguay-Collins
Main Address
PO BOX 111, NEWRY, ME, 04261
NTEE Category
Code: P20 - Human services
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