To make it possible for our elders to remain here on Islesboro with dignity and comfort as part of our island community. The Beacon Project owns and operates Boardman Cottage, an eight-bedroom assisted living facility.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023
| Position | Total |
|---|---|
Administrator Officer (Unspecified) | $72k $80k |
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 16 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at The Beacon Project equaled 8% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,888 housing & shelter 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 4%
from 2022
From $68k in 2022 to $72k in 2023.
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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about The Beacon Project
What are The Beacon Project's revenue and expenses?
In 2023, The Beacon Project reported $956k in total revenue and $942k in total expenses on its IRS Form 990.
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