Acadia Capital Management Llc

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

EIN: 832835153 ✦ Bangor, ME ✦ Designated as a 501(c)(3)

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Overview

What is Acadia Capital Management Llc?

Acadia Capital Management Llc is a nonprofit organization situated in New England, specifically focusing on Maine and Connecticut. Their primary mission is to extend capital solutions, educational resources, and support to underprivileged communities. The organization prioritizes federally designated severely economically distressed areas, Opportunity Zones, and tribal reservations within these states. Their goal is to foster economic growth and possibilities for these underserved populations.


Official website here: www.ac8ia.com

Is Acadia Capital Management Llc legitimate?

Acadia Capital Management Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Acadia Capital Management Llc submitted a form 990EZ, 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.


Official website here: www.ac8ia.com

What is the mission statement of Acadia Capital Management Llc?

Acadia Capital Management LLC is committed to providing capital solutions, education, and resources to underserved populations in economically distressed communities, prioritizing Opportunity Zones and tribal reservations in Maine and Connecticut. Their mission is to create economic opportunities for these communities, aiming to uplift and empower them. The organization focuses on federally designated areas, working towards improving their economic conditions and fostering sustainable growth.


Official website here: www.ac8ia.com

Who is the CEO of Acadia Capital Management Llc?

Unavailable


Official website here: www.ac8ia.com

What is the revenue of Acadia Capital Management Llc?

Acadia Capital Management Llc's revenue in 2022 was $55,322.


Official website here: www.ac8ia.com

Who are the executives of Acadia Capital Management Llc and what are their salaries?


Here are 2 key members and their salaries:


Brien Walton (Board Director, Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arvyce Walton (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ac8ia.com

Where can I find the form 990EZ for Acadia Capital Management Llc?

Acadia Capital Management Llc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.ac8ia.com

Learn more at the official website: www.ac8ia.com

Mission Statement of Acadia Capital Management Llc

Acadia Capital Management LLC is a mission-driven organization that focuses on providing capital solutions, education, and resources to underserved communities in New England. Their primary goal is to prioritize federally designated, severely economically distressed communities, Opportunity Zones, and tribal reservations across the states of Maine and Connecticut. The organization's main objective is to create economic opportunities for these populations, thereby contributing to their overall development and well-being. By providing these essential resources, Acadia Capital Management LLC aims to foster sustainable growth and development in these underserved communities.

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Impact




August, 2024

Acadia Capital Management LLC has made a significant impact by providing access to capital solutions, education, and resources to underserved communities in New England, with a focus on federally designated economically distressed areas, Opportunity Zones, and tribal reservations in Maine and Connecticut. Their mission is to create economic opportunities for marginalized populations, working towards community improvement and social equity. By targeting areas with the greatest need, Acadia Capital Management LLC is actively contributing to addressing economic disparities and empowering individuals who may not have access to traditional financing options.




This information is meant to be a general summary of Acadia Capital Management Llc. 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
$55,322 (2022)
Expenses
$19,751 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3
  • Program Service Revenue: $55,319
  • Gross Receipts: $55,322

Assets and Liabilities:

  • Total Assets: $138,264
  • Total Liabilities: $0
  • Net Assets: $138,264

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Organization Details

Main Address

499 Broadway Suite 118, Bangor, ME, 044013460

NTEE Category

Code: S30 - Community improvement

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