Skip to main content
Filing year 2023

FOUNDATION FOR A STRONG MAINE ECONOMY

Augusta, Maine·EIN 30-0036992·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$3.2M
Total assets
$2.2M
Total expenses
$3.5M
Reported officers
7
Mission

PROMOTE A STRONG MAINE ECONOMY AND ENHANCE THE BUSINESS CLIMATE IN MAINE.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Maine.

Program Director
Director (Operational)
Median to 75th percentilevs Community Improvement & Capacity Building peers nationwide
$134k
$149k
President, Co-chair & Co-founder
75th to 90th percentile
$130k
$145k
President Thru 8/6/23
75th to 90th percentile
$122k
$136k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FOUNDATION FOR A STRONG MAINE ECONOMY equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
4%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about FOUNDATION FOR A STRONG MAINE ECONOMY

What does the Director (Operational) of FOUNDATION FOR A STRONG MAINE ECONOMY earn?

In 2023, the Director (Operational) of FOUNDATION FOR A STRONG MAINE ECONOMY received $133,558 in total compensation. This pay is above the median (the midpoint) for Director (Operational) roles among Community Improvement & Capacity Building organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Director (Operational) pay at FOUNDATION FOR A STRONG MAINE ECONOMY compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2023 pay of the Director (Operational) at FOUNDATION FOR A STRONG MAINE ECONOMY falls between the median and the 75th percentile. In 2023, the highest total compensation at FOUNDATION FOR A STRONG MAINE ECONOMY equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are FOUNDATION FOR A STRONG MAINE ECONOMY's revenue and expenses?

In 2023, FOUNDATION FOR A STRONG MAINE ECONOMY reported $3.2M in total revenue and $3.5M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.