58
Foundation For A Strong Maine Economy
Community Development · Augusta, Maine
125 Community Drive, Augusta, ME 04330-8156
EIN: 300036992· Founded: Aug 2014· 12 years active· Filing Year: 2023
Annual Revenue
$3.2M
Total Expenses
$3.5M
Total Assets
$2.2M
Program Spending
0%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$252K
7.2% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$216K
Total Payroll
$468K
13% of total expenses
Where the Money Goes
0%
Programs: 0%
Payroll: 13%
Other overhead: 100%
0
Total Expenses$3.5M (100%)
Payroll$468K (13%)
Overhead (non-program)100%
Trust Score Breakdown
Program Spending Ratio
0% of expenses go to programs
Revenue & Stability
$3.2M annual revenue
Executive Compensation
$252K total officer comp (7.2% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$2.2M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.