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Filing year 2024

NORTHERN MAINE COMMUNITY COLLEGE FOUNDATION

Presque Isle, Maine·EIN 01-0416939·NTEE B110 · Education·3
Total revenue
$712k
Total assets
$6.2M
Total expenses
$3.9M
Reported officers
36
Mission

THE MISSION OF THE FOUNDATION IS TO HELP NORTHERN MAINE COMMUNITY COLLEGE MEET ITS COMMITMENT TO PROVIDE SUPERIOR EDUCATIONAL OPPORTUNITIES FOR ALL SEGMENTS OF THE COMMUNITY. FOUNDATION BOARD MEMBERS WILL ENHANCE COMMUNITY, ALUMNI AND STUDENT AWARENESS OF THE COLLEGE BY SERVING AS ADVOCATES IN BOTH THE PUBLIC AND PRIVATE SECTORS. FOUNDATION BOARD MEMBERS WILL SECURE CONTRIBUTIONS, PLANNED GIFTS AND DONATIONS; WILL SUPPORT SPECIAL PROJECTS; AND WILL EXERCISE PRUDENT JUDGMENT IN ACCOUNTING FOR, MANAGING AND APPRECIATING MONIES OR PROPERTIES ACQUIRED BY THE FOUNDATION. THE LEADERSHIP OF THE COLLEGE WILL GUIDE FOUNDATION BOARD MEMBERS BY COMMUNICATING PRIORITIES FOR THE DISTRIBUTION OF FUNDS FOR STUDENT SCHOLARSHIPS, INCENTIVE GRANTS, FACULTY AND STAFF PROFESSIONAL DEVELOPMENT AND EDUCATIONAL EQUIPMENT OR FACILITIES. IT IS THE RESPONSIBILITY OF THE FOUNDATION BOARD MEMBERS TO SUPPORT AND FOSTER THE HIGH QUALITY OF THOSE STANDARDS WHICH ARE THE GOAL OF NORTHERN MAINE COMMUNITY COLLEGE.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Treasurer
officer (unspecified)
$27k
$29k
$21k
$23k

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 34 unpaid individuals.

Browse compensation in Education

Down 12%
from 2023

From $30k in 2023 to $27k in 2024.

$30k
2023
$27k
2024
In today's dollarsEst.
Down 15% in real terms$34k to $29k

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.

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

Revenue and expenses over time

NORTHERN MAINE COMMUNITY COLLEGE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.6M
$1.3M
2023
$712k
$3.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Maine

Comparable education organizations in Maine pay their highest-earning executive a median of $80,951.

25th percentile
$39k
Median
$80,951
75th percentile
$149k
90th percentile
$374k

These are education sector-wide figures, not this organization's reported pay. Based on 67 organizations across 67 filings (2022 – 2023).

See full Education pay data for Maine
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