Skip to content
Nonprofiteer
← EDWARD H DAVEIS BENEVOLENT FUND

Form 990 for tax year 2022

Filed by EDWARD H DAVEIS BENEVOLENT FUND.

Totals

Total revenue
$100,182
Total expenses
$149,807
Contributions and grants received
$0
Grants paid
$93,500
Program services expenses (Part IX)
$93,649
Management and general expenses
$56,158
Fundraising expenses
$0
Program service expenses (Part III)
$93,649

Program services were 62.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Erik C Jorgensen

    Trustee

    Total calculated
    $0
    Hours/week
    0.1

  • Nicole Witherbee

    Trustee

    Total calculated
    $0
    Hours/week
    0.1

  • Katharine Fullam Harris

    Chair/Trustee

    Total calculated
    $0
    Hours/week
    0.1

  • Sterling Speirn

    MCF President & CEO (end 6/2022)

    Total calculated
    $89,976
    From this org
    $0
    From related orgs
    $82,707
    Other
    $7,269
    Hours/week
    0.1 + 50.2 related

  • Deborah Elwood

    MCF President & CEO (start 7/2022)

    Total calculated
    $184,586
    From this org
    $0
    From related orgs
    $171,577
    Other
    $13,009
    Hours/week
    0.1 + 50.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $144,782 related
    Bonus
    $0
    Other
    $0 + $26,795 related
    Deferred
    $0 + $11,895 related
    Nontaxable benefits
    $0 + $1,114 related
    Filer's total
    $0 + $184,586 related

  • Michele Camarco

    Treasurer/MCF CFO

    Total calculated
    $208,678
    From this org
    $0
    From related orgs
    $180,419
    Other
    $28,259
    Hours/week
    0.1 + 50.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $178,410 related
    Bonus
    $0
    Other
    $0 + $2,009 related
    Deferred
    $0 + $16,416 related
    Nontaxable benefits
    $0 + $11,843 related
    Filer's total
    $0 + $208,678 related

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 — 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

None.

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 3
The Edward H. Daveis Benevolent Fund does not have any employees. However, the Vice President/CFO of Maine Community Foundation (MCF), the supported organization, oversees the finances of the Edward H. Daveis Benevolent Fund, and the MCF President & CEO has been named as the Organization's Principal Officer. MCF uses a compensation committee, an independent compensation consultant, the Form 990 of other organizations, compensation surveys or studies, and approval by the board or a compensation committee to assist in establishing the compensation for this position.

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

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.

Provenance

Return type
form_990
Tax year
2022
Filed
31 October 2023
IRS schema version
2022v5.0
Source object
202323069349301047

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

The source document this was parsed from is served over the API, which is where bulk and document access live.