Overview
What is The Recompense Fund?
The Recompense Fund is a nonprofit organization situated on Chebeague Island, Maine. Its primary mission is to support local charitable and community organizations by providing them with necessary resources. Recently, they granted a 501(c)3 status to the Chebeague Island Hall & Community Center, enabling the installation of a sound and audiovisual system. Furthermore, The Recompense Fund has initiatives in place to assist organizations in the disaffiliation process, especially for Grant 501(c)3 Chebeague Community Church. By providing essential support, this nonprofit aims to strengthen the Chebeague Island community as a whole.
Official website here: www.recompensefund.com
Is The Recompense Fund legitimate?
The Recompense Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Recompense Fund 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.
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Official website here: www.recompensefund.com
What is the mission statement of The Recompense Fund?
The Recompense Fund's mission is centered around supporting charitable and community organizations. It aims to provide assistance to these organizations, working towards the betterment of the community. Notably, it has granted a 501(c)3 status to a local community center for the installation of a sound and audiovisual system. Furthermore, the fund has programs designed to aid in the disaffiliation process for a specific 501(c)3 organization.
Official website here: www.recompensefund.com
Who is the CEO of The Recompense Fund?
James Van Fleet is the President of The Recompense Fund.
Official website here: www.recompensefund.com
What is the revenue of The Recompense Fund?
The Recompense Fund's revenue in 2022 was $190,310.
Official website here: www.recompensefund.com
Who are the executives of The Recompense Fund and what are their salaries?
Here are 14 key members and their salaries:
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Official website here: www.recompensefund.com
Where can I find the form 990 for The Recompense Fund?
The Recompense Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.recompensefund.com
Learn more at the official website: www.recompensefund.com
Mission Statement of The Recompense Fund
The Recompense Fund is a charitable organization with a mission to support various community organizations on an unspecified island. Its primary objective is to provide financial assistance and resources to these organizations, aiming to enhance their capacity and impact within their local communities. One of its notable contributions is granting a 501(c)3 status to the Chebeague Island Hall & Community Center, enabling them to install essential amenities such as a sound and audiovisual system. Furthermore, The Recompense Fund has programs in place to assist in the disaffiliation process for the Chebeague Community Church, demonstrating its commitment to supporting a wide range of charitable organizations on the island.
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Impact
October, 2024
The Recompense Fund significantly impacts Chebeague Island by providing crucial support to charitable and community organizations, enhancing the quality of life for residents. It facilitates projects that strengthen community infrastructure, such as granting funds to the Chebeague Island Hall & Community Center for a sound and audiovisual system, which fosters engagement and connectivity among island residents. Additionally, the Recompense Fund plays a vital role in assisting the Chebeague Community Church during its disaffiliation process, ensuring that community ties remain strong. Through these initiatives, the fund not only bolsters essential services but also promotes a sense of unity and support within the island community.
This information is meant to be a general summary of The Recompense Fund. 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: $38,267
- Gross Receipts: $190,310
Assets and Liabilities:
- Total Assets: $1,088,584
- Total Liabilities: $0
- Net Assets: $1,088,584
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Organization Details
Founding Year
2020
Phone
(207) 838-3163Principal Officer
James Van Fleet
Main Address
PO BOX 42, CHEBEAGUE ISLAND, ME, 04017
Website
www.recompensefund.comNTEE Category
Code: P20 - Human services
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