MAINESTREAM FINANCE

As filed

Subsection

03

NTEE code

S43

Classification

1000

Street

PO BOX 1162

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

3 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• CHARLOTTE WHITE CENTER

  EIN 22-2582271

• PENQUIS DEVELOPMENT INC

  EIN 01-0541817

• PENQUIS MENTAL HEALTH ASSOCIATION

  EIN 01-0323280

Mission and programs · 2024

• LOAN SERVICING: MAINESTREAM FINANCE PROVIDES LOANS, EDUCATION, AND SERVICES TO ASSIST INDIVIDUALS TO START SMALL BUSINESSES AND ASSIST EXISTING SMALL BUSINESSES TO GROW. ASSISTANCE INCLUDES FINANCE REVIEW, ASSISTANCE WITH A BUSINESS PLAN, FORECLOSURE, DEBT MANAGEMENT, BUDGET AND BUSINESS CASH FLOW COUNSELING. MAINESTREAM FINANCE LOANS FUNDS TO DAY CARE PROVIDERS THAT ARE USED TO ESTABLISH/EXPAND CHILD CARE BUSINESSES IN ORDER TO CREATE JOB OPPORTUNITIES FOR LOW-INCOME INDIVIDUALS. MAINESTREAM FINANCE ALSO OFFERS LOANS TO THOSE WHO CAN NOT QUALIFY FOR OTHER LOAN PRODUCTS AT AN AFFORDABLE RATE. FIRST MORTGAGE LOANS ARE AVAILABLE TO PURCHASE, REHABILITATE OR REFINANCE RESIDENTIAL OWNER-OCCUPIED PROPERTIES. THROUGH EDUCATION PROGRAMS, MAINESTREAM FINANCE FOSTERS SUCCESSFUL HOMEOWNERSHIP, ENTREPRENEURSHIP, AND WEALTH CREATION. FINANCIAL COUNSELING OCCURS PRE- AND POST-LOAN CLOSING. IF BORROWERS QUALIFY FOR USDA/RD LOANS AND/OR MAINE HOUSING'S LOANS, MAINESTREAM FINANCE ENCOURAGES AND ASSISTS THEM TO APPLY FOR THOSE PRODUCTS IF APPROPRIATE. CLASSES ARE OFFERED FOR INDIVIDUALS SEEKING TO PURCHASE A HOME TO LEARN THE PROCESS AND CALCULATIONS INVOLVED IN LOAN PROCESSING, HOME OWNERS INSURANCE, ESCROWS, HOME INSPECTIONS, AND ALL OTHER ASPECTS OF A HOME PURCHASE.

  Expenses $257,221 · Revenue $486,225

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

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $504,682

  Expenses

  $558,012

  Contributions

  $0

  Grants paid

  $0

• 2023

  Revenue

  $615,035

  Expenses

  $506,727

  Contributions

  $155,000

  Grants paid

  $0

• 2022

  Revenue

  $484,821

  Expenses

  $583,649

  Contributions

  $86,376

  Grants paid

  $6,069

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $1,442,234

  Expenses

  $643,183

  Assets (EOY)

  $6,730,189

• 2020 · 990

  Revenue

  $1,591,851

  Expenses

  $701,970

  Assets (EOY)

  $6,924,505

• 2019 · 990

  Revenue

  $659,119

  Expenses

  $613,868

  Assets (EOY)

  $5,933,338

• 2018 · 990

  Revenue

  $683,490

  Expenses

  $857,279

  Assets (EOY)

  $5,815,024

• 2017 · 990

  Revenue

  $805,718

  Expenses

  $899,406

  Assets (EOY)

  $5,438,648

• 2016 · 990

  Revenue

  $661,099

  Expenses

  $799,598

  Assets (EOY)

  $5,511,379

• 2015 · 990

  Revenue

  $753,799

  Expenses

  $959,199

  Assets (EOY)

  $6,678,912

• 2014 · 990

  Revenue

  $892,280

  Expenses

  $804,706

  Assets (EOY)

  $7,482,330

• 2013 · 990

  Revenue

  $1,181,716

  Expenses

  $963,160

  Assets (EOY)

  $6,171,100

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $602,209

  Assets (EOY)

  $4,975,379

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• OPPORTUNITY FINANCE NETWORK

  $150,000

  2024 · OPERATING GRANT

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files