Form 990 for tax year 2023
Filed by UNIVERSITY OF MAINE FOUNDATION.
Totals
- Total revenue
- $64,724,867
- Total expenses
- $32,864,307
- Contributions and grants received
- $47,767,800
- Grants paid
- $24,844,784
- Program services expenses (Part IX)
- $26,733,956
- Management and general expenses
- $2,266,056
- Fundraising expenses
- $3,864,295
- Program service expenses (Part III)
- $26,733,956
Program services were 81.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
Robert A Strong
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Todd D Saucier
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
David M Austin
Director
- Total calculated
- $0
- Hours/week
- 1
-
Donna L Hathaway
Director
- Total calculated
- $0
- Hours/week
- 1
-
Christopher P Keating
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth A Murray
Director
- Total calculated
- $0
- Hours/week
- 1
-
Beth L Sturtevant
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dorothy Foster Vachon
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kurt R Marston
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Maria R Fuentes
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Jeffery N Mills
President/CEO
- Total calculated
- $434,160
- From this org
- $374,660
- From related orgs
- $0
- Other
- $59,500
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $329,000
- Bonus
- $34,000
- Other
- $11,660
- Deferred
- $58,500
- Nontaxable benefits
- $1,000
- Filer's total
- $434,160
-
Kevin J Frazier
CFO
- Total calculated
- $261,790
- From this org
- $184,613
- From related orgs
- $0
- Other
- $77,177
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $170,593
- Bonus
- $12,591
- Other
- $1,429
- Deferred
- $41,651
- Nontaxable benefits
- $35,526
- Filer's total
- $261,790
-
Sarah J McPartland-Good
General Counsel
- Total calculated
- $223,797
- From this org
- $172,505
- From related orgs
- $0
- Other
- $51,292
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $152,670
- Bonus
- $15,632
- Other
- $4,203
- Deferred
- $17,734
- Nontaxable benefits
- $33,558
- Filer's total
- $223,797
-
Elizabeth M Erickson
Senior Director of Philanthropy
- Total calculated
- $215,814
- From this org
- $165,462
- From related orgs
- $0
- Other
- $50,352
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $142,590
- Bonus
- $14,882
- Other
- $7,990
- Deferred
- $17,009
- Nontaxable benefits
- $33,343
- Filer's total
- $215,814
-
Patricia A Cummings
Senior Director of Philanthropy
- Total calculated
- $204,475
- From this org
- $171,876
- From related orgs
- $0
- Other
- $32,599
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $154,752
- Bonus
- $11,460
- Other
- $5,664
- Deferred
- $17,413
- Nontaxable benefits
- $15,186
- Filer's total
- $204,475
-
Joyce Kennedy
Senior Director of Philanthropy
- Total calculated
- $183,823
- From this org
- $153,719
- From related orgs
- $0
- Other
- $30,104
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $137,803
- Bonus
- $8,882
- Other
- $7,034
- Deferred
- $15,536
- Nontaxable benefits
- $14,568
- Filer's total
- $183,823
-
Seth Woodcock
Sr. Assoc. Athletic Dir. for Dev.
- Total calculated
- $160,377
- From this org
- $145,797
- From related orgs
- $0
- Other
- $14,580
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $134,644
- Bonus
- $11,000
- Other
- $153
- Deferred
- $14,580
- Nontaxable benefits
- $0
- Filer's total
- $160,377
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
- 3 · Form 990 of other organizations
- 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
- At the discretion of the employer, employees may receive supplemental compensation contingent upon meeting both individual and organizational goals. The goals are not contingent upon the net earnings or revenues 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
-
$17,733,212
Distributions in support of the University of Maine
-
$6,967,792
Gifts transferred to the University of Maine
-
General
-
$21,017
General
-
$10,508
Government
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 11 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413179349304766
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