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Nonprofiteer
← PENQUIS C A P INC

Form 990 for tax year 2024

Filed by PENQUIS C A P INC.

Totals

Total revenue
$71,166,555
Total expenses
$67,613,600
Contributions and grants received
$29,890,802
Grants paid
$12,692,807
Program service revenue
$40,156,239
Investment income
$827,365
Other revenue
$292,149
Total assets, end of year
$59,266,512
Total liabilities, end of year
$13,528,216
Net assets or fund balances, end of year
$45,738,296
Program services expenses (Part IX)
$64,005,507
Management and general expenses
$3,265,543
Fundraising expenses
$342,550
Program service expenses (Part III)
$64,005,507

Program services were 94.7% 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

    $39,481

  • 1c · Fundraising events

    $118,060

  • 1e · Government grants (contributions)

    $28,418,785

  • 1f · All other contributions, gifts and grants

    $1,314,476

  • 1g · Noncash contributions included above

    $175,393

  • 2a · Program service revenue: TRANSPORTATION SERVICES

    total $34,440,236 · related or exempt $34,440,236

  • 2b · Program service revenue: PROGRAM REVENUE

    total $5,273,326 · related or exempt $5,273,326

  • 2c · Program service revenue: RENTAL INCOME

    total $442,677 · related or exempt $442,677

  • 3 · Investment income

    total $821,532 · excluded $821,532

  • 7a · Gross sales of assets other than inventory

    other assets $5,833

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

    other assets $0

  • 7c · Gain or loss

    other assets $5,833

  • 7d · Net gain or loss

    total $5,833 · excluded $5,833

  • 8a · Fundraising events: gross income

    $0

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

    $118,060

  • 8b · Fundraising events: direct expenses

    $3,801

  • 8c · Net income from fundraising events

    total -$3,801 · excluded -$3,801

  • 11d · All other revenue

    total $295,950 · excluded $295,950

  • 11e · Other revenue, total

    $295,950

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $12,692,807 · program services $12,692,807

  • 5 · Compensation of officers, directors and key employees

    total $773,258 · management and general $773,258

  • 7 · Other salaries and wages

    total $25,628,524 · program services $24,395,103 · management and general $1,061,035 · fundraising $172,386

  • 8 · Pension plan contributions

    total $1,171,002 · program services $1,049,822 · management and general $105,126 · fundraising $16,054

  • 9 · Other employee benefits

    total $4,872,687 · program services $4,679,014 · management and general $171,500 · fundraising $22,173

  • 10 · Payroll taxes

    total $2,002,036 · program services $1,714,897 · management and general $260,914 · fundraising $26,225

  • 11a · Fees: management

    total $4,500 · program services $4,500

  • 11b · Fees: legal

    total $326,729 · program services $322,061 · management and general $4,668

  • 11c · Fees: accounting

    total $139,818 · program services $38,856 · management and general $100,962

  • 11g · Fees: other

    total $1,024,779 · program services $940,985 · management and general $5,794 · fundraising $78,000

  • 12 · Advertising and promotion

    total $43,207 · program services $36,574 · management and general $1,295 · fundraising $5,338

  • 13 · Office expenses

    total $900,015 · program services $890,692 · management and general $7,897 · fundraising $1,426

  • 14 · Information technology

    total $742,594 · program services $505,738 · management and general $224,247 · fundraising $12,609

  • 16 · Occupancy

    total $1,494,397 · program services $1,296,944 · management and general $191,534 · fundraising $5,919

  • 17 · Travel

    total $11,637,682 · program services $11,632,237 · management and general $5,314 · fundraising $131

  • 19 · Conferences, conventions and meetings

    total $364,874 · program services $337,302 · management and general $25,723 · fundraising $1,849

  • 20 · Interest

    total $57,110 · program services $57,110

  • 22 · Depreciation, depletion and amortization

    total $1,004,128 · program services $1,003,079 · management and general $1,049

  • 23 · Insurance

    total $1,004,435 · program services $760,148 · management and general $244,287

  • 24a · Other expenses: FOOD

    total $916,775 · program services $916,775

  • 24b · Other expenses: MINOR EQUIPMENT/RENOVAT

    total $223,334 · program services $214,472 · management and general $8,429 · fundraising $433

  • 24c · Other expenses: DUES & MEMBERSHIPS

    total $111,788 · program services $72,011 · management and general $39,770 · fundraising $7

  • 24e · All other expenses

    total $477,121 · program services $444,380 · management and general $32,741

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $501,200 · end of year $405,944

  • 2 · Savings and temporary cash investments

    beginning of year $8,743,419 · end of year $7,161,227

  • 3 · Pledges and grants receivable

    beginning of year $6,179,188 · end of year $6,371,071

  • 4 · Accounts receivable

    beginning of year $512,635 · end of year $379,578

  • 7 · Other notes and loans receivable

    beginning of year $3,740,687 · end of year $3,813,919

  • 8 · Inventories for sale or use

    beginning of year $78,073 · end of year $223,167

  • 9 · Prepaid expenses and deferred charges

    beginning of year $832,376 · end of year $1,051,344

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

    $15,580,960

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

    $8,963,483

  • 10c · Land, buildings and equipment, net

    beginning of year $7,316,401 · end of year $6,617,477

  • 11 · Investments: publicly traded securities

    beginning of year $14,635,583 · end of year $16,147,766

  • 13 · Investments: program-related

    beginning of year $4,523,959 · end of year $4,286,111

  • 15 · Other assets

    beginning of year $5,133,152 · end of year $12,808,908

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,874,787 · end of year $4,840,325

  • 19 · Deferred revenue

    beginning of year $1,859,952 · end of year $1,966,150

  • 21 · Escrow or custodial account liability

    beginning of year $8,600 · end of year $200

  • 23 · Secured mortgages and notes payable

    beginning of year $5,070,512 · end of year $5,116,239

  • 24 · Unsecured notes and loans payable

    beginning of year $396,450 · end of year $396,450

  • 25 · Other liabilities

    beginning of year $841,388 · end of year $1,208,852

  • 27 · Net assets without donor restrictions

    beginning of year $38,881,853 · end of year $43,346,916

  • 28 · Net assets with donor restrictions

    beginning of year $2,263,131 · end of year $2,391,380

Mission and programs · 2024

Mission

THE MISSION IS TO ASSIST INDIVIDUALS AND FAMILIES IN PREVENTING, REDUCING, OR ELIMINATING POVERTY IN THEIR LIVES, AND, THROUGH PARTNERSHIPS, TO ENGAGE THE COMMUNITY IN ADDRESSING ECONOMIC AND SOCIAL NEEDS.

Activities or mission (Part I)

TO ADMINISTER HEALTH, HOUSING, AND SOCIAL SERVICE PROGRAMS THAT WILL IMPROVE THE LIVES OF THE CITIZENS OF PENOBSCOT, PISCATAQUIS, KNOX, AND OTHER MAINE COUNTIES BY PROVIDING DIRECT SERVICES, CREATING OPPORTUNITIES FOR INDIVIDUALS LIVING IN POVERTY TO WORK TOWARD BECOMING SELF-SUFFICIENT, AND ACTIVELY IDENTIFYING AND MOBILIZING PUBLIC AND PRIVATE RESOURCES TO SUSTAIN THESE EFFORTS.

  • TRANSPORTATION SERVICES: PENQUIS REPORTS LYNX MOBILITY AND TRANSPORTATION BROKERAGE UNDER ONE DEPARTMENT. THE TRANSPORTATION BROKERAGE IS THE SINGLE SOURCE FOR SCHEDULING MAINECARE NONEMERGENCY TRANSPORTATION IN PENOBSCOT, PISCATAQUIS, SOMERSET, AND KENNEBEC COUNTIES. LYNX MOBILITY SERVICES PROVIDES AND COORDINATES NON MAINECARE TRANSPORTATION, INCLUDING TRANSPORTATION SERVICES TO GENERAL PUBLIC FOR TREATMENT FOR CANCER CLIENTS, AND FOR INDIVIDUALS WITH DISABILITIES. IT ALSO PROVIDES MAINECARE NON-EMERGENCY TRANSPORTATION IN SUPPORT OF THE TRANSPORTATION BROKERAGE.

    Expenses $29,197,928 · Grants $9,030,199 · Revenue $34,440,236

  • CHILD DEVELOPMENT SERVICES: SUPPORTS THE DEVELOPMENT OF CHILDREN TO THEIR HIGHEST POTENTIAL, RECOGNIZES PARENTS AS THE PRIME EDUCATORS OF THEIR CHILDREN, AND ASSISTS FAMILIES IN THE ATTAINMENT OF RESOURCES AND PERSONAL DEVELOPMENT RESULTING IN A HEALTHIER AND MORE PROSPEROUS COMMUNITY.

    Expenses $9,671,230 · Grants $926,073 · Revenue $534,251

  • THE FAMILY ENRICHMENT SERVICES: SUPPORTS FAMILIES, PARENTS, CHILDREN AND INDIVIDUALS IN BECOMING STRONGER, HEALTHIER AND MORE SELF-SUFFICIENT. THROUGH PERSONAL AND COMMUNITY SUPPORT, EARLY CHILDHOOD EDUCATION, VIOLENCE PREVENTION AND INTERVENTION, MENTAL AND BEHAVIORAL HEALTH SERVICES, AND APPROPRIATE LINKAGES, WE SUPPORT EACH FAMILY, PARENT, CHILD, INDIVIDUAL, AND THE COMMUNITY TO REACH PHYSICAL, EMOTIONAL AND ECONOMIC HEALTH.

    Expenses $9,112,702 · Grants $375,215 · Revenue $1,693,856

  • THE CHARLOTTE WHITE SUPPORT SERVICES DEPARTMENT: PROMOTES INDEPENDENCE IN THE LEAST RESTRICTIVE SETTING, OFFERING BOTH COMMUNITY AND RESIDENTIAL SUPPORT FOR SENIORS AND ADULTS WITH DISABILITIES. THROUGH INDIVIDUALIZED GOALS, EACH PERSON IS SUPPORTED TO REACH THEIR OPTIMAL SOCIAL, EMOTIONAL AND PHYSICAL SELF-SUFFICIENCY.

    Expenses $7,572,565 · Grants $408,603 · Revenue $3,023,259

  • HOUSING & ENERGY SERVICES: PROVIDES ASSISTANCE TO MOSTLY HOUSEHOLDS WHO ARE LOW TO MODERATE INCOME. FUEL ASSISTANCE AND WEATHERIZATION ARE THE LARGEST PROGRAMS WITHIN THE DEPARTMENT. WE OFFER HOME, LEAD AND OTHER INSPECTION SERVICES TO HOMEOWNERS AND WORK WITH COMMUNITIES TO ADMINISTER COMMUNITY SERVICE BLOCK GRANTS. OUR GOAL IS TO KEEP PEOPLE IN HOMES THAT ARE SAFE AND HEALTHY. MOST PROGRAMS COVER THE THREE-COUNTY AREA OF PENOBSCOT, PISCATAQUIS AND KNOX.

    Expenses $5,391,527 · Grants $1,822,209 · Revenue $128,921

  • OTHER SERVICES

    Expenses $1,812,604 · Grants $129,847 · Revenue $244,894

  • HOUSING DEVELOPMENT SERVICES: PROMOTES THE DEVELOPMENT, FINANCING, AND PRESERVATION OF AFFORDABLE HOUSING FOR LOW AND MODERATE-INCOME RENTAL OPPORTUNITIES.

    Expenses $1,246,951 · Grants $661 · Revenue $90,822

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

Listed in Part VII

  • Laura Sanborn

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Kevin Gregory

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Connie Putnam

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Heather Blackwell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Angela Fileccia

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brent Folster

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cynthia Gardner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Green

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joseph Leonard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mark Leonard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Amy Sue McGill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Patrick Polky

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Breanna Stewart

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jessica Taylor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • William Thompson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kara Hay

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $305,093
    From this org
    $261,773
    From related orgs
    $0
    Other
    $43,320
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $251,514
    Bonus
    $0
    Other
    $10,259
    Deferred
    $23,605
    Nontaxable benefits
    $19,715
    Filer's total
    $305,093

  • Denice Conary

    CHIEF FINANCIAL OFFICER

    Total calculated
    $233,840
    From this org
    $196,688
    From related orgs
    $0
    Other
    $37,152
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $193,002
    Bonus
    $0
    Other
    $3,686
    Deferred
    $18,034
    Nontaxable benefits
    $19,118
    Filer's total
    $233,840

  • Heidi Leblanc

    CHIEF OPERATING OFFICER

    Total calculated
    $193,726
    From this org
    $173,435
    From related orgs
    $0
    Other
    $20,291
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $167,098
    Bonus
    $0
    Other
    $6,337
    Deferred
    $15,621
    Nontaxable benefits
    $4,670
    Filer's total
    $193,726

  • Janeen Feero

    DEVELOPMENT DIRECTOR

    Total calculated
    $206,382
    From this org
    $158,286
    From related orgs
    $0
    Other
    $48,096
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $152,076
    Bonus
    $0
    Other
    $6,210
    Deferred
    $11,266
    Nontaxable benefits
    $36,830
    Filer's total
    $206,382

  • Jennifer Giosia

    DIRECTOR - HES

    Total calculated
    $193,273
    From this org
    $166,656
    From related orgs
    $0
    Other
    $26,617
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,446
    Bonus
    $0
    Other
    $6,210
    Deferred
    $8,663
    Nontaxable benefits
    $17,954
    Filer's total
    $193,273

  • Steven Richard

    DIRECTOR - TRANSPORTATION

    Total calculated
    $188,364
    From this org
    $156,618
    From related orgs
    $0
    Other
    $31,746
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,841
    Bonus
    $0
    Other
    $5,777
    Deferred
    $14,122
    Nontaxable benefits
    $17,624
    Filer's total
    $188,364

  • Jason Bird

    DIRECTOR - HD

    Total calculated
    $167,312
    From this org
    $136,675
    From related orgs
    $0
    Other
    $30,637
    Hours/week
    22 + 18 related

    Schedule J breakdown matched by us

    Base
    $136,675
    Bonus
    $0
    Other
    $0
    Deferred
    $7,274
    Nontaxable benefits
    $23,363
    Filer's total
    $167,312

  • Danielle Goodale

    DIRECTOR - HR

    Total calculated
    $153,128
    From this org
    $143,755
    From related orgs
    $0
    Other
    $9,373
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $143,755
    Bonus
    $0
    Other
    $0
    Deferred
    $7,111
    Nontaxable benefits
    $2,262
    Filer's total
    $153,128

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
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS - SERPS: KARA HAY $25,000 DENICE CONRAY $20,000 HEIDI LEBLANC $20,000

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

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • BROADWAY HOUSING INC

    501(C)(3) · PROMOTE AND PROVIDE AFFORDABLE HOUSING FOR ELDERLY RESIDENTS · ME · controlled entity

    Directly controlled by PENQUIS CAP INC

  • RAPE RESPONSE SERVICES INC

    501(C)(3) · PROVIDES SERVICES TO SEXUAL ASSAULT VICTIMS AND EDUCATION AND PREVENTION · ME · controlled entity

    Directly controlled by PENQUIS CAP INC

  • PENQUIS DEVELOPMENT INC

    501(C)(3) · PROMOTE AND DEVELOP AFFORDABLE HOUSING · ME · controlled entity

    Directly controlled by PENQUIS CAP INC

  • MAINESTREAM FINANCE

    501(C)(3) · FINANCING ACTIVITIES IN SUPPORT OF COMMUNITY DEVELOPMENT · ME · controlled entity

    Directly controlled by PENQUIS CAP INC

  • CHARLOTTE WHITE CENTER

    501(C)(3) · MAINTENANCE AND DEVELOPMENT OF SERVICES TO DEVELOPMENTALLY DISABLED · ME · controlled entity

    Directly controlled by PENQUIS CAP INC

  • PENQUIS MENTAL HEALTH ASSOCIATION

    501(C)(3) · MAINTENANCE AND DEVELOPMENT OF SERVICES TO DEVELOPMENTALLY DISABLED · ME · controlled entity

    Directly controlled by PENQUIS CAP INC

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 partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • CHAMBERLAIN PLACE SENIOR HOUSING LP

    RELATED · AFFORDABLE HOUSING · ME · 45% owned · share of income $9,618 · share of assets $14,712 · general or managing partner

    Directly controlled by PENQUIS HOUSING INC

  • ERNST MANOR HOUSING ASSOCIATES LP

    RELATED · AFFORDABLE HOUSING · ME · 90% owned · share of income $107,485 · share of assets $592,719 · general or managing partner

    Directly controlled by PENQUIS HOUSING INC

  • GRANDVIEW HOUSING ASSOCIATES LP

    RELATED · AFFORDABLE HOUSING · ME · 0.01% owned · share of income $54,644 · share of assets $533,677 · general or managing partner

    Directly controlled by PENQUIS HOUSING INC

  • LAKEVIEW SENIOR HOUSING ASSOCIATES LP

    RELATED · AFFORDABLE HOUSING · ME · 100% owned · share of income $84,357 · share of assets $2,094,229 · general or managing partner

    Directly controlled by PENQUIS HOUSING INC

  • LEONARD LAKE SENIOR HOUSING ASSOCIATES LP

    RELATED · AFFORDABLE HOUSING · ME · 0.01% owned · share of income -$8 · share of assets $78,055 · general or managing partner

    Directly controlled by PENQUIS HOUSING INC

  • NEWTON PLACE LP

    RELATED · AFFORDABLE HOUSING · ME · 0.01% owned · share of income -$14 · share of assets $72,232 · general or managing partner

    Directly controlled by PENQUIS HOUSING INC

  • STRAW WAY HOUSING ASSOCIATES LP

    RELATED · AFFORDABLE HOUSING · ME · 0.01% owned · share of assets $83,711 · general or managing partner

    Directly controlled by PENQUIS HOUSING INC

  • VEAZIE VILLAGE SENIOR HOUSING ASSOCIATES LP

    RELATED · AFFORDABLE HOUSING · ME · 100% owned · share of income $13,423 · share of assets $1,222,247 · general or managing partner

    Directly controlled by PENQUIS HOUSING INC

  • PEASLEY PLACE LP

    RELATED · AFFORDABLE HOUSING · ME · 1% owned · general or managing partner

Related corporations and trusts

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

  • PENQUIS HOUSING INC

    C · HOUSING DEVELOPMENT, ACQUIRE FINANCING · ME · 100% owned · controlled entity

    Directly controlled by PENQUIS COMMUNITY ACTION AGENCY

Provenance

Return type
form_990
Tax year
2024
Filed
4 August 2026
IRS schema version
2024v5.5
Source object
202642299349300519

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