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Filing year 2023

MAINESTREAM FINANCE

Bangor, Maine·EIN 01-0539222·NTEE S43 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$615k
Total assets
$7.5M
Total expenses
$507k
Reported officers
10
Mission

TO PROMOTE COMMUNITY DEVELOPMENT AND PERFORM ALL FUNCTIONS PERMITTED AS COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION, PRIMARILY THROUGH FINANCING ACTIVITIES, SERVING THE LOW INCOME TARGETED POPULATION OF THE STATE OF 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 nationwide.

Chief Executive Officer
10th to 25th percentilevs Community Improvement & Capacity Building peers in Maine
$36k
$40k
Chief Financial Officer
25th percentile to median
$26k
$29k
Chief Operating Officer
Below 10th percentile
$3k
$3k

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 7 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 MAINESTREAM FINANCE equaled 7% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
7%
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.

Up 17%
from 2022

From $31k in 2022 to $36k in 2023.

$31k
2022
$36k
2023
In today's dollarsEst.
Up 13% in real terms$35k to $40k

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.

Pay for the position

Chief Executive Officer pay rose 17% from 2022 to 2023, while revenue rose 27%.

$31k in 2022 to $36k in 2023.
  • Chief Financial Officer pay rose 8% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

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

FAQ

Common questions about MAINESTREAM FINANCE

What does the Chief Executive Officer of MAINESTREAM FINANCE earn?

In 2023, the Chief Executive Officer of MAINESTREAM FINANCE received $35,929 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Maine, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MAINESTREAM FINANCE compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Maine, the 2023 pay of the Chief Executive Officer at MAINESTREAM FINANCE falls between the 10th and 25th percentiles. In 2023, the highest total compensation at MAINESTREAM FINANCE equaled 7% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are MAINESTREAM FINANCE's revenue and expenses?

In 2023, MAINESTREAM FINANCE reported $615k in total revenue and $507k in total expenses on its IRS Form 990.

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