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Nonprofiteer
← MAINE CENTER VENTURES

Form 990 for tax year 2023

Filed by MAINE CENTER VENTURES.

Totals

Total revenue
$4,098
Total expenses
$24,764
Contributions and grants received
$0
Grants paid
$24,764
Program services expenses (Part IX)
$24,764
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$24,764

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Joan Ferrini-Mundy

    Director

    Total calculated
    $579,567
    From this org
    $0
    From related orgs
    $544,638
    Other
    $34,929
    Hours/week
    0.25 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $415,532 related
    Bonus
    $0 + $102,500 related
    Other
    $0 + $26,606 related
    Deferred
    $0 + $33,000 related
    Nontaxable benefits
    $0 + $1,929 related
    Filer's total
    $0 + $579,567 related
  • Dannel Malloy

    Chair, Board of Directors

    Total calculated
    $560,497
    From this org
    $0
    From related orgs
    $527,214
    Other
    $33,283
    Hours/week
    1 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $388,191 related
    Bonus
    $0 + $38,245 related
    Other
    $0 + $100,778 related
    Deferred
    $0 + $31,998 related
    Nontaxable benefits
    $0 + $1,285 related
    Filer's total
    $0 + $560,497 related
  • Jacqueline Edmondson

    Director

    Total calculated
    $368,943
    From this org
    $0
    From related orgs
    $308,015
    Other
    $60,928
    Hours/week
    0.25 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $289,670 related
    Bonus
    $0
    Other
    $0 + $18,345 related
    Deferred
    $0 + $29,725 related
    Nontaxable benefits
    $0 + $31,203 related
    Filer's total
    $0 + $368,943 related
  • Ryan Low

    Treasurer

    Total calculated
    $367,466
    From this org
    $0
    From related orgs
    $296,796
    Other
    $70,670
    Hours/week
    1 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $271,161 related
    Bonus
    $0 + $25,000 related
    Other
    $0 + $635 related
    Deferred
    $0 + $27,988 related
    Nontaxable benefits
    $0 + $42,682 related
    Filer's total
    $0 + $367,466 related
  • Leigh Saufley

    Director

    Total calculated
    $347,765
    From this org
    $0
    From related orgs
    $290,521
    Other
    $57,244
    Hours/week
    0.25 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $262,421 related
    Bonus
    $0
    Other
    $0 + $28,100 related
    Deferred
    $0 + $26,619 related
    Nontaxable benefits
    $0 + $30,625 related
    Filer's total
    $0 + $347,765 related
  • Paul Chan

    Secretary

    Total calculated
    $304,041
    From this org
    $0
    From related orgs
    $252,649
    Other
    $51,392
    Hours/week
    0.25 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $251,033 related
    Bonus
    $0
    Other
    $0 + $1,616 related
    Deferred
    $0 + $25,375 related
    Nontaxable benefits
    $0 + $26,017 related
    Filer's total
    $0 + $304,041 related
  • Samantha Warren

    Former Secretary

    Total calculated
    $248,863
    From this org
    $0
    From related orgs
    $189,739
    Other
    $59,124
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $160,596 related
    Bonus
    $0 + $29,000 related
    Other
    $0 + $143 related
    Deferred
    $0 + $16,906 related
    Nontaxable benefits
    $0 + $42,218 related
    Filer's total
    $0 + $248,863 related
  • Patricia Riley

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 10 related
  • Bobby Monks

    Director

    Total calculated
    $0
    Hours/week
    0.25
  • Lisa Eames

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related
  • Owen McCarthy

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 2 related
  • Quincy Hentzel

    Director

    Total calculated
    $0
    Hours/week
    0.25
  • Michael Boyson

    Director (resigned June 2024)

    Total calculated
    $0
    Hours/week
    0.25

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)

Schedule J, Part I, Line 3
No responses have been provided for lines 1a thru 3 as Maine Center Ventures does not have employees, but rather contracts with its related organization, the University of Maine System, to provide the services of CEO and supporting positions to carry out Maine Center Venture's mission.

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
2023
Filed
18 April 2025
IRS schema version
2023v6.0
Source object
202521209349301407

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

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