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Filing year 2024

ATLANTIC FEDERAL CREDIT UNION FOUNDATION

South Portland, Maine·EIN 86-2316892·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$193k
Total assets
$2.6M
Total expenses
$208k
Reported officers
6

Reported officers (all unpaid)

No paid executives reported in 2024. ATLANTIC FEDERAL CREDIT UNION FOUNDATION reported 6 unpaid officers and board members on its 990-PF.

Secretary
Director
President
Treasurer
Director
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$179k

Itemized grants

94

Median grant

$500

RecipientLocationPurposeAmount
MAINE CREDIT UNIONS' CAMPAIGN FOR ENDING HUNGERPORTLAND, MEGENERAL SUPPORT$68k
AVESTA HOUSING DEVELOPMENT CORPPORTLAND, MEGENERAL SUPPORT$16k
MIDCOAST YOUTH CENTERBATH, MEGENERAL SUPPORT$11k
MY PLACE TEEN CENTERWESTBROOK, MEGENERAL SUPPORT$11k
PROSPERITYMEPORTLAND, MEGENERAL SUPPORT$11k
EMERSON COLLEGEBOSTON, MAGENERAL SUPPORT$3k
HABITAT FOR HUMANITY YORK COUNTYKENNEBUNK, MEGENERAL SUPPORT$3k
MAINE FEDERATION OF FARMERS' MARKETSFREEPORT, MEGENERAL SUPPORT$3k
RHODES COLLEGEMEMPHIS, TNGENERAL SUPPORT$3k
UNHDURHAM, NHGENERAL SUPPORT$3k
WHEATON COLLEGENORTON, MEGENERAL SUPPORT$3k
MAINE ATTRACTION WATERSKI SHOWSANFORD, MEGENERAL SUPPORT$2k
CENTER FOR GRIEVING CHILDRENPORTLAND, MEGENERAL SUPPORT$2k
CENTER FOR A GREEN FUTUREBRUNSWICK, MEGENERAL SUPPORT$2k
HOPE ACTSPORTLAND, MEGENERAL SUPPORT$2k
QUINNIPIAC UNIVERSITYHAMDEN, CTGENERAL SUPPORT$2k
STRIVESOUTH PORTLAND, MEGENERAL SUPPORT$2k
MAKE-A-WISH MAINESCARBOROUGH, MEGENERAL SUPPORT$1k
AID FOR SACO KIDSSACO, MEGENERAL SUPPORT$1k
BRUNSWICK COMMUNITY EDUCATION FOUNDATIONBRUNSWICK, MEGENERAL SUPPORT$1k
HABITAT FOR HUMANITYTOPSHAM, MEGENERAL SUPPORT$1k
MIDCOAST LITERACYBATH, MEGENERAL SUPPORT$1k
STEP UP PARENTSPORTSMOUTH, NHGENERAL SUPPORT$1k
SWEETSERSACO, MEGENERAL SUPPORT$1k
UNITED WAY OF SOUTHERN MAINEPORTLAND, MEGENERAL SUPPORT$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

ATLANTIC FEDERAL CREDIT UNION FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$525k
$181k
2023
$193k
$208k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Maine

ATLANTIC FEDERAL CREDIT UNION FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Maine earns a median of $12,000.

25th percentile
$4k
Median
$12,000
75th percentile
$38k
90th percentile
$119k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 194 organizations across 194 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Maine
FAQ

Common questions about ATLANTIC FEDERAL CREDIT UNION FOUNDATION

What are ATLANTIC FEDERAL CREDIT UNION FOUNDATION's revenue and expenses?

In 2024, ATLANTIC FEDERAL CREDIT UNION FOUNDATION reported $193k in total revenue and $208k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.