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Nonprofiteer
← GOOD SHEPERD FOOD BANK

Form 990 for tax year 2024

Filed by GOOD SHEPERD FOOD BANK.

Totals

Total revenue
$104,490,942
Total expenses
$107,576,873
Contributions and grants received
$99,030,439
Grants paid
$4,234,716
Program service revenue
$4,644,925
Investment income
$815,578
Other revenue
$0
Total assets, end of year
$44,798,037
Total liabilities, end of year
$2,285,751
Net assets or fund balances, end of year
$42,512,286
Program services expenses (Part IX)
$102,688,542
Management and general expenses
$2,042,715
Fundraising expenses
$2,845,616
Program service expenses (Part III)
$102,688,542

Program services were 95.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $10,145

  • 1c · Fundraising events

    $218,397

  • 1e · Government grants (contributions)

    $25,314,814

  • 1f · All other contributions, gifts and grants

    $73,487,083

  • 1g · Noncash contributions included above

    $81,465,446

  • 2a · Program service revenue: Product Income

    total $4,141,234 · related or exempt $4,141,234

  • 2b · Program service revenue: Program Income

    total $503,691 · related or exempt $503,691

  • 3 · Investment income

    total $477,799 · excluded $477,799

  • 7a · Gross sales of assets other than inventory

    securities $5,397,798

  • 7b · Less cost or other basis and sales expenses

    securities $5,060,019

  • 7c · Gain or loss

    securities $337,779

  • 7d · Net gain or loss

    total $337,779 · excluded $337,779

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $218,397

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,234,716 · program services $4,234,716

  • 5 · Compensation of officers, directors and key employees

    total $411,016 · program services $145,859 · management and general $188,222 · fundraising $76,935

  • 7 · Other salaries and wages

    total $6,580,933 · program services $4,752,628 · management and general $884,295 · fundraising $944,010

  • 8 · Pension plan contributions

    total $329,397 · program services $224,471 · management and general $55,206 · fundraising $49,720

  • 9 · Other employee benefits

    total $1,098,590 · program services $788,548 · management and general $155,383 · fundraising $154,659

  • 10 · Payroll taxes

    total $542,136 · program services $380,385 · management and general $86,811 · fundraising $74,940

  • 11b · Fees: legal

    total $50,550 · management and general $50,550

  • 11c · Fees: accounting

    total $30,950 · management and general $30,950

  • 11e · Fees: professional fundraising services

    total $1,007,012 · fundraising $1,007,012

  • 11f · Fees: investment management

    total $130,555 · program services $130,555

  • 11g · Fees: other

    total $455,820 · program services $57,040 · management and general $205,681 · fundraising $193,099

  • 12 · Advertising and promotion

    total $42,037 · program services $3,500 · management and general $21,679 · fundraising $16,858

  • 13 · Office expenses

    total $201,798 · management and general $151,409 · fundraising $50,389

  • 14 · Information technology

    total $502,251 · program services $343,402 · management and general $72,591 · fundraising $86,258

  • 16 · Occupancy

    total $588,935 · program services $559,234 · management and general $7,191 · fundraising $22,510

  • 17 · Travel

    total $748,632 · program services $701,139 · management and general $27,753 · fundraising $19,740

  • 22 · Depreciation, depletion and amortization

    total $659,956 · program services $543,682 · management and general $53,135 · fundraising $63,139

  • 23 · Insurance

    total $106,920 · program services $85,937 · management and general $11,018 · fundraising $9,965

  • 24a · Other expenses: Food Expenses

    total $89,070,847 · program services $89,070,847

  • 24b · Other expenses: Program Food/Supplies

    total $679,598 · program services $666,599 · management and general $12,982 · fundraising $17

  • 24c · Other expenses: Direct Mail Campaign

    total $76,365 · fundraising $76,365

  • 24d · Other expenses: Feeding America Fees

    total $27,859 · management and general $27,859

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $4,956,851 · end of year $6,732,626

  • 3 · Pledges and grants receivable

    beginning of year $1,485,976 · end of year $1,202,319

  • 4 · Accounts receivable

    beginning of year $1,501,244 · end of year $783,187

  • 7 · Other notes and loans receivable

    beginning of year $1,800,000 · end of year $2,550,000

  • 8 · Inventories for sale or use

    beginning of year $9,018,946 · end of year $6,462,791

  • 9 · Prepaid expenses and deferred charges

    beginning of year $481,597 · end of year $334,625

  • 10a · Land, buildings and equipment: cost or other basis

    $15,464,627

  • 10b · Land, buildings and equipment: accumulated depreciation

    $6,738,345

  • 10c · Land, buildings and equipment, net

    beginning of year $8,877,636 · end of year $8,726,282

  • 11 · Investments: publicly traded securities

    beginning of year $9,808,564 · end of year $9,129,548

  • 12 · Investments: other securities

    beginning of year $2,760,021 · end of year $1,307,242

  • 13 · Investments: program-related

    beginning of year $5,792,953 · end of year $5,892,454

  • 14 · Intangible assets

    beginning of year $1,053,558 · end of year $829,268

  • 15 · Other assets

    beginning of year $676,080 · end of year $847,695

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,693,229 · end of year $1,264,832

  • 18 · Grants payable

    beginning of year $134,255 · end of year $191,651

  • 25 · Other liabilities

    beginning of year $1,053,558 · end of year $829,268

  • 27 · Net assets without donor restrictions

    beginning of year $43,174,358 · end of year $40,927,630

  • 28 · Net assets with donor restrictions

    beginning of year $2,158,026 · end of year $1,584,656

Mission and programs · 2024

Mission

The mission of Good Shepherd Food Bank is to eliminate hunger in Maine by improving access to nutritious and culturally relevant food for people in need, building strong community partnerships, and mobilizing the public in the fight to end hunger.

Activities or mission (Part I)

Reduce food insecurity in Maine through food distribution and community partnerships.

  • Food Distribution: Good Shepherd Food Bank (GSFB) provides for those at risk of hunger by soliciting food donations and purchasing food at wholesale prices, then distributing this food to more than 600 partners across Maine, including food pantries, meal sites, shelters, schools, afterschool programs, child care centers, senior centers, health care sites, and other community organizations. In its 2025 fiscal year, GSFB distributed over 50 million pounds of food to partners and the families and individuals they serve, providing 42 million meals for Mainers in need.

    Expenses $97,506,681 · Grants $3,854,530 · Revenue $2,853,973

  • Mainers Feeding Mainers: this program is the Food Bank's collaboration with local farms to purchase and distribute nutritious, Maine-grown food. Each year, the Food Bank makes purchases of fresh Maine vegetables, fruits, grains, and dairy products on behalf of partner agencies. The Food Bank also receives donations from many local farmers. In fiscal year 2025, the Food Bank distributed nearly 2.6 million pounds of local foods and invested $1.7 million into Maine's agricultural sector.

    Expenses $1,930,055 · Grants $350,000 · Revenue $681,863

  • Good Shepherd Food Bank supports the School Pantry Program to provide easy, consistent access to nutritious food for students and their families. Our school partners not only serve as food distribution sites in vulnerable areas but also function as vital community resource hubs where families feel welcomed, supported, and safe. The Food Bank also operates Kids Cafe, an afterschool meal and snack program. In collaboration with more than 230 program partners, GSFB provided almost 2 million meals statewide through School Partners in fiscal year 2025.

    Expenses $1,167,248 · Grants $14,929 · Revenue $249,614

  • Good Shepherd Food Bank engages in many other activities that are important to its mission. The most significant of these other program service accomplishments are as follows: Cooking Matters Maine: An outreach program that mobilizes culinary and nutrition professionals to teach cooking and nutrition classes to low-income adults, teens, and children. Classes are taught at local community centers, schools, and food pantries, and the classes provide people at risk of hunger with hands-on cooking and nutrition experience. In fiscal year 2025, the program offered 229 educational opportunities including classes and tours, reaching approximately 2,300 participants. Farm Fresh Rewards: The Food Bank partners with 14 Maine grocers to offer shoppers using SNAP/EBT discounts on fresh, frozen, and dried local fruits and vegetables grown in Maine that contain no added salt, sugars, or fats, as well as local food-producing seeds or seedlings.Community Health & Hunger: The Food Bank forms partnerships with health care organizations to reduce the negative impact of food insecurity on health outcomes. Through this program, the Food Bank provides training and technical assistance for health care providers implementing food insecurity screening and referral protocols and supports projects that distribute food directly in clinical settings for patients in need. In fiscal year 2025, the Food Bank worked with 150 partners to provide over 1.3 million meals to people who screened positive for food insecurity.In accordance with IRS Instructions, the total amount of program service expenses, grants, and revenues reported on this Form 990, Part III, Line 4d, and on this Schedule O footnote, are therefore inclusive of all the above-detailed program service accomplishments for the period covered by this Form 990 tax return.

    Expenses $2,084,558 · Grants $15,257 · Revenue $859,475

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • John Bennett

    Director

    Total calculated
    $0
    Hours/week
    1

  • Tae Chong

    Director

    Total calculated
    $0
    Hours/week
    1

  • Chris Bonacci

    Director

    Total calculated
    $0
    Hours/week
    1

  • Christine Cummings

    Director

    Total calculated
    $0
    Hours/week
    1

  • Michelle Draeger

    Director

    Total calculated
    $0
    Hours/week
    1

  • Peter Forester

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jason Fournier

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Whitney Gould-Cookson

    Director

    Total calculated
    $0
    Hours/week
    1

  • Marwa Hassanien

    Director

    Total calculated
    $0
    Hours/week
    1

  • Dora Ann Mills

    Director

    Total calculated
    $0
    Hours/week
    1

  • Susan Norton

    Director

    Total calculated
    $0
    Hours/week
    1

  • Frank Pecoraro

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Odette Perriel

    Director

    Total calculated
    $0
    Hours/week
    1

  • Victoria W Rogers

    Director

    Total calculated
    $0
    Hours/week
    1

  • Andrea Sockabasin

    Director

    Total calculated
    $0
    Hours/week
    1

  • Mary Wright

    Director

    Total calculated
    $0
    Hours/week
    1

  • Scott Maker

    Chair

    Total calculated
    $0
    Hours/week
    2 + 0.5 related

  • Kate Rush

    Vice Chair

    Total calculated
    $0
    Hours/week
    2

  • Peter Richardson

    Treasurer

    Total calculated
    $0
    Hours/week
    2 + 0.5 related

  • Mary Wright

    Secretary

    Total calculated
    $0
    Hours/week
    2

  • Heather Paquette

    President

    Total calculated
    $225,537
    From this org
    $168,600
    From related orgs
    $0
    Other
    $56,937
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $168,200
    Bonus
    $400
    Other
    $0
    Deferred
    $12,027
    Nontaxable benefits
    $44,910
    Filer's total
    $225,537

  • Bryan O'Connor

    Chief Fiancial Officer (end 1/2025)

    Total calculated
    $185,479
    From this org
    $140,940
    From related orgs
    $0
    Other
    $44,539
    Hours/week
    37 + 3 related

    Schedule J breakdown matched by us

    Base
    $140,540
    Bonus
    $400
    Other
    $0
    Deferred
    $8,870
    Nontaxable benefits
    $35,669
    Filer's total
    $185,479

  • Bethany Benton

    Chief Fiancial Officer (start 4/25)

    Total calculated
    $0
    Hours/week
    37 + 3 related

  • Matt Chin

    President, Harvesting Good(end 2/25)

    Total calculated
    $165,711
    From this org
    $123,894
    From related orgs
    $0
    Other
    $41,817
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $123,494
    Bonus
    $400
    Other
    $0
    Deferred
    $7,786
    Nontaxable benefits
    $34,031
    Filer's total
    $165,711

  • George Fox

    Chief Supply Chain Officer

    Total calculated
    $158,625
    From this org
    $132,263
    From related orgs
    $0
    Other
    $26,362
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $131,863
    Bonus
    $400
    Other
    $0
    Deferred
    $7,933
    Nontaxable benefits
    $18,429
    Filer's total
    $158,625

  • Nicole Nadeau

    Chief People Officer

    Total calculated
    $144,526
    From this org
    $116,267
    From related orgs
    $0
    Other
    $28,259
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 7
Compensation and awards may be issued to qualifying employees and officers. The payment of the award is discretionary and is subject to meeting the pre-determined goals of the Organization.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Harvesting Good

    C · Food Processing and Packaging · ME · 86.1% owned · share of income -$1,591,728 · share of assets $5,706,702 · controlled entity

    Directly controlled by Good Shepherd Food Bank

Provenance

Return type
form_990
Tax year
2024
Filed
5 February 2026
IRS schema version
2024v5.5
Source object
202620419349301002

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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