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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
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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.