Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $190,284

• 1c · Fundraising events

  $26,235

• 1d · Related organizations

  $710,024

• 1f · All other contributions, gifts and grants

  $1,699,172

• 1g · Noncash contributions included above

  $90,153

• 2a · Program service revenue: Governmental Payments

  total $13,746,826 · related or exempt $13,746,826

• 2b · Program service revenue: Medicaid Fees

  total $9,774,906 · related or exempt $9,774,906

• 2c · Program service revenue: Program Service Fees

  total $2,106,571 · related or exempt $2,106,571

• 2d · Program service revenue: Miscellaneous Revenue

  total $95,874 · related or exempt $95,874

• 3 · Investment income

  total $127,907 · excluded $127,907

• 6a · Gross rents

  real property $12,430

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $12,430

• 6d · Net rental income or loss

  total $12,430 · excluded $12,430

• 7a · Gross sales of assets other than inventory

  securities $564,278 · other assets $1,200

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

  securities $1,600,426 · other assets $11,353

• 7c · Gain or loss

  securities -$1,036,148 · other assets -$10,153

• 7d · Net gain or loss

  total -$1,046,301 · excluded -$1,046,301

• 8a · Fundraising events: gross income

  $60,000

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

  $26,235

• 8b · Fundraising events: direct expenses

  $42,167

• 8c · Net income from fundraising events

  total $17,833 · excluded $17,833

• 10a · Gross sales of inventory

  $882,897

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $882,897 · excluded $882,897

• 11a · Other revenue: Bad Debt Recovery

  total $734,884 · related or exempt $734,884

• 11e · Other revenue, total

  $734,884

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,919,158 · program services $1,919,158

• 2 · Grants to domestic individuals

  total $1,365,417 · program services $1,365,417

• 5 · Compensation of officers, directors and key employees

  total $345,220 · management and general $345,220

• 7 · Other salaries and wages

  total $14,291,224 · program services $12,552,698 · management and general $1,498,692 · fundraising $239,834

• 8 · Pension plan contributions

  total $205,430 · program services $176,205 · management and general $22,389 · fundraising $6,836

• 9 · Other employee benefits

  total $2,205,373 · program services $1,960,751 · management and general $208,613 · fundraising $36,009

• 10 · Payroll taxes

  total $1,081,872 · program services $933,104 · management and general $130,610 · fundraising $18,158

• 11b · Fees: legal

  total $18,446 · program services $4,560 · management and general $13,886

• 11c · Fees: accounting

  total $84,972 · program services $82,622 · fundraising $2,350

• 11f · Fees: investment management

  total $21,351 · management and general $21,351

• 11g · Fees: other

  total $2,344,196 · program services $1,451,985 · management and general $874,462 · fundraising $17,749

• 12 · Advertising and promotion

  total $108,241 · program services $72,328 · management and general $4,061 · fundraising $31,852

• 13 · Office expenses

  total $162,547 · program services $69,270 · management and general $51,141 · fundraising $42,136

• 14 · Information technology

  total $767,121 · program services $578,109 · management and general $185,143 · fundraising $3,869

• 16 · Occupancy

  total $1,691,488 · program services $1,659,900 · management and general $13,752 · fundraising $17,836

• 17 · Travel

  total $631,082 · program services $447,616 · management and general $180,294 · fundraising $3,172

• 19 · Conferences, conventions and meetings

  total $78,250 · program services $43,481 · management and general $34,696 · fundraising $73

• 20 · Interest

  total $141,368 · management and general $141,368

• 22 · Depreciation, depletion and amortization

  total $542,721 · program services $148,774 · management and general $393,947

• 23 · Insurance

  total $283,463 · program services $216,479 · management and general $63,990 · fundraising $2,994

• 24a · Other expenses: Supplies

  total $556,031 · program services $538,905 · management and general $10,778 · fundraising $6,348

• 24b · Other expenses: Miscellaneous Expense

  total $476,963 · program services $474,576 · management and general $0 · fundraising $2,387

• 24c · Other expenses: Allocation of Managemen

  total $0 · program services $1,127,978 · management and general -$1,150,985 · fundraising $23,007

• 24d · Other expenses: Indirect Costs

  total $0 · program services $2,397,251 · management and general -$2,443,664 · fundraising $46,413

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,097 · end of year $2,600

• 2 · Savings and temporary cash investments

  beginning of year $2,643,356 · end of year $5,383,158

• 3 · Pledges and grants receivable

  beginning of year $2,204,654 · end of year $0

• 4 · Accounts receivable

  beginning of year $2,449,174 · end of year $2,571,981

• 8 · Inventories for sale or use

  beginning of year $243,051 · end of year $244,909

• 9 · Prepaid expenses and deferred charges

  beginning of year $208,904 · end of year $202,196

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

  $11,635,517

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

  $7,063,704

• 10c · Land, buildings and equipment, net

  beginning of year $4,152,952 · end of year $4,571,813

• 11 · Investments: publicly traded securities

  beginning of year $4,952,396 · end of year $5,512,963

• 14 · Intangible assets

  beginning of year $1,777,991 · end of year $1,630,231

• 15 · Other assets

  beginning of year $3,729,682 · end of year $3,164,320

• 17 · Accounts payable and accrued expenses

  beginning of year $2,648,305 · end of year $2,423,675

• 19 · Deferred revenue

  beginning of year $657,314 · end of year $960,977

• 23 · Secured mortgages and notes payable

  beginning of year $1,392,351 · end of year $495,404

• 25 · Other liabilities

  beginning of year $1,800,229 · end of year $1,654,908

• 27 · Net assets without donor restrictions

  beginning of year $11,138,468 · end of year $12,915,968

• 28 · Net assets with donor restrictions

  beginning of year $4,728,590 · end of year $4,833,239

The filer's explanations (Part III)

Part I, Line 7

Bonuses were awarded in the calendar year based on performance and were approved by the board of directors.

Form 990, Part VII:

Certain members of the board receive compensation from the Roman Catholic Bishop of Portland, a related organization. Catholic Charities Maine made reasonable efforts to obtain the necessary related organization compensation information by submitting requests for the payroll information but was unable to obtain the requested information prior to the filing deadline of the Form 990.