NORTHERN MAINE COMMUNITY COLLEGE FOUNDATION Charity Report

Public IRS 990 nonprofit record

NORTHERN MAINE COMMUNITY COLLEGE FOUNDATION

EIN 01-0416939 · Education (B110)

What they do

THE MISSION of THE FOUNDATION is to HELP NORTHERN MAINE COMMUNITY COLLEGE MEET ITS COMMITMENT to PROVIDE SUPERIOR EDUCATIONAL OPPORTUNITIES for ALL SEGMENTS of THE COMMUNITY. FOUNDATION BOARD MEMBERS WILL ENHANCE COMMUNITY, ALUMNI and STUDENT AWARENESS of THE COLLEGE BY SERVING AS ADVOCATES IN BOTH THE PUBLIC and PRIVATE SECTORS. FOUNDATION BOARD MEMBERS WILL SECURE CONTRIBUTIONS, PLANNED GIFTS and DONATIONS; WILL SUPPORT SPECIAL PROJECTS; and WILL EXERCISE PRUDENT JUDGMENT IN ACCOUNTING FOR, MANAGING and APPRECIATING MONIES or PROPERTIES ACQUIRED BY THE FOUNDATION. THE LEADERSHIP of THE COLLEGE WILL GUIDE FOUNDATION BOARD MEMBERS BY COMMUNICATING PRIORITIES for THE DISTRIBUTION of FUNDS for STUDENT SCHOLARSHIPS, INCENTIVE GRANTS, FACULTY and STAFF PROFESSIONAL DEVELOPMENT and EDUCATIONAL EQUIPMENT or FACILITIES. IT is THE RESPONSIBILITY of THE FOUNDATION BOARD MEMBERS to SUPPORT and FOSTER THE HIGH QUALITY of THOSE STANDARDS WHICH ARE THE GOAL of NORTHERN MAINE COMMUNITY COLLEGE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $98.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders36 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

539.32%of revenue went to mission work98.6% of expenses · Program services

$546.81spent for every $100 of revenueSpending was higher than revenue this year.

7.49%of revenue went to management and office costs1.4% of expenses

$1.58in assets for every $1 spent this yearSome assets cannot be spent right away.

21.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $3,179,083 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $26,723 for MICHAEL WILLIAMS (TREASURER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$711,505

Mission workProgram services$3,837,297539.32% of revenue98.6% of expenses

ManagementOffice and general costs$53,2917.49% of revenue1.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$3,890,588546.81% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 98.6% mission · 1.4% management · 0.0% fundraisingTotal expenses: 546.81% of revenue

2023Expense mix: 96.2% mission · 3.8% management · 0.0% fundraisingTotal expenses: 22.68% of revenue

2022Expense mix: 92.9% mission · 7.0% management · 0.0% fundraisingTotal expenses: 130.77% of revenue

2021Expense mix: 96.6% mission · 3.4% management · 0.0% fundraisingTotal expenses: 238.56% of revenue

2020Expense mix: 98.3% mission · 1.7% management · 0.0% fundraisingTotal expenses: 142.59% of revenue

2019Expense mix: 98.9% mission · 1.1% management · 0.0% fundraisingTotal expenses: 88.50% of revenue

2018Expense mix: 99.7% mission · 0.2% management · 0.1% fundraisingTotal expenses: 165.48% of revenue

2017Expense mix: 99.5% mission · 0.5% management · 0.0% fundraisingTotal expenses: 44.98% of revenue

Money in and money out

Revenue$711,505

Expenses$3,890,588

Annual shortfall $3,179,083 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,837,297 · 98.6% of expenses

Management and office costs$53,291 · 1.4% of expenses

See all reported dollar amounts

Revenue$711,505

Expenses$3,890,588

Assets$6,156,619

Income$713,064

Contributions$151,706

Mission work (program services)$3,837,297

Management and general$53,291

Accounting fees$4,250

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MICHAEL WILLIAMSTREASURER · 40 hrs/week $26,723Base · Other $26,723

GRIFFIN GOINSEXECUTIVE DI · 40 hrs/week $21,019Base · Other $21,019

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (36)

MICHAEL WILLIAMSTREASURER

GRIFFIN GOINSEXECUTIVE DI

RICHARD NADEAUDIRECTOR

JOY BARRESI-SAUCIERDIRECTOR

MARK BOUCHARDDIRECTOR

MARY SMITHEX-OFFICIO

MICHELLE COLLINSDIRECTOR

NICOLE COTESECRETARY

PAMELA TOWNSENDDIRECTOR

RICHARD ENGELSDIRECTOR

JOSHUA TWEEDIEDIRECTOR

ROBERT F WHITEDIRECTOR

RYAN BUSHEYIMMEDIATE PA

SCOTT CARLINDIRECTOR

SENATOR TREY STEWARTDIRECTOR

SHAWN ANDERSONDIRECTOR

STEVEN OUELLETTEDIRECTOR

TONY LAHEYVICE CHAIR

VICKI SMITHDIRECTOR

GINA LEBLANC-EGGERTCHAIR

ALAN TURNBULLDIRECTOR

ANGELA BUCKPRESIDENT NM

CARTER VAILANCOURTDIRECTOR

CHRIS FITZPATRICKDIRECTOR

CONNIE SANDSTROMDIRECTOR

DOTTIE MARTINDIRECTOR

DOUG BINSFELDEX OFFICIO

FRED GRANTDIRECTOR

AARON CARLSONDIRECTOR

GREGG COLLINSDIRECTOR

ISLAKENO MAHABIREX OFFICIO

JANE TOWLEDIRECTOR

JEFFREY PANGBURNDIRECTOR

JESSICA LAHEYDIRECTOR

JOE CLUKEY IIDIRECTOR

JOSH MCLAUGHLINDIRECTOR

About this charity

Recognized since: January 1988
Location: 33 EDGEMONT DR, PRESQUE ISLE, ME 04769-2016
County: Aroostook
In care of: MICHAEL WILLIAMS
Primary officer: MICHAEL WILLIAMS, TREASURER

How to reach them

WebsiteVisit the charity’s website EmailFoundationnggoins@nmcc.edu Phone(207) 768-2700

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CHESTER M KEARNEY PA
NTEE classification: Education (B110)
IRS tax category: Other Grantmaking and Giving Services