Civic Intelligence

Northern Maine Community College Foundation

EIN 01-0416939 • 501(c)3 • Presque Isle, ME

Profile

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.

33 Edgemont DrivePresque Isle, ME 04769

my.nmcc.edu/ICS/FOUNDATION

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

48th percentile

0.11x

Higher debt load relative to assets than 48% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

84th percentile

0.95x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

1st percentile

-447%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

59th percentile

$152,340

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 21.4% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

4th percentile

-36%

Faster asset growth than 4% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

1st percentile

-87%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets48th percentile

Assets

Down

$6,156,619

Down $3,427,053 (-36%) from 2024

Liabilities

Down

$672,567

Down $267,708 (-28%) from 2024

Net Assets

Down

$5,484,052

Down $3,159,345 (-37%) from 2024

Operations
Liabilities / Revenue84th percentileNet Margin1st percentile

Revenue

Down

$711,505

Down $4,848,738 (-87%) from 2024

Expenses

Up

$3,890,588

Up $2,629,642 (+209%) from 2024

Net Income

Down

-$3,179,083

Down $7,478,380 (-174%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth4th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2012: $7,103,416Liabilities 2012: $5,651,962Net Assets 2012: $1,451,4542012Assets 2013: $6,889,448Liabilities 2013: $5,215,035Net Assets 2013: $1,674,4132013Assets 2014: $2,057,497Liabilities 2014: $95,355Net Assets 2014: $1,962,1422014Assets 2015: $2,082,111Liabilities 2015: $49,399Net Assets 2015: $2,032,7122015Assets 2016: $1,892,926Liabilities 2016: $24,976Net Assets 2016: $1,867,9502016Assets 2017: $4,149,488Liabilities 2017: $12,430Net Assets 2017: $4,137,0582017Assets 2018: $5,890,968Liabilities 2018: $324,861Net Assets 2018: $5,566,1072018Assets 2019: $5,274,391Liabilities 2019: $167,963Net Assets 2019: $5,106,4282019Assets 2020: $6,763,188Liabilities 2020: $1,146,384Net Assets 2020: $5,616,8042020Assets 2021: $5,598,611Liabilities 2021: $48,041Net Assets 2021: $5,550,5702021Assets 2022: $4,209,666Liabilities 2022: $43,992Net Assets 2022: $4,165,6742022Assets 2023: $4,234,228Liabilities 2023: $10,424Net Assets 2023: $4,223,8042023Assets 2024: $9,583,672Liabilities 2024: $940,275Net Assets 2024: $8,643,3972024Assets 2025: $6,156,619Liabilities 2025: $672,567Net Assets 2025: $5,484,0522025

Highlighted filing

2025

Assets$6,156,619
Liabilities$672,567
Net Assets$5,484,052
Open 2025 Filing

Operations Trend

Revenue Growth1st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2012: $5,204,246Expenses 2012: $5,153,910Net Income 2012: $50,3362012Revenue 2013: $568,646Expenses 2013: $443,153Net Income 2013: $125,4932013Revenue 2014: $253,287Expenses 2014: $142,908Net Income 2014: $110,3792014Revenue 2015: $556,031Expenses 2015: $403,585Net Income 2015: $152,4462015Revenue 2016: $295,373Expenses 2016: $396,481Net Income 2016: -$101,1082016Revenue 2017: $2,548,309Expenses 2017: $439,762Net Income 2017: $2,108,5472017Revenue 2018: $2,622,240Expenses 2018: $1,179,381Net Income 2018: $1,442,8592018Revenue 2019: $940,674Expenses 2019: $1,556,611Net Income 2019: -$615,9372019Revenue 2020: $3,834,092Expenses 2020: $3,393,106Net Income 2020: $440,9862020Revenue 2021: $1,563,320Expenses 2021: $2,229,071Net Income 2021: -$665,7512021Revenue 2022: $599,029Expenses 2022: $1,429,073Net Income 2022: -$830,0442022Revenue 2023: $542,691Expenses 2023: $709,669Net Income 2023: -$166,9782023Revenue 2024: $5,560,243Expenses 2024: $1,260,946Net Income 2024: $4,299,2972024Revenue 2025: $711,505Expenses 2025: $3,890,588Net Income 2025: -$3,179,0832025

Highlighted filing

2025

Revenue$711,505
Expenses$3,890,588
Net Income-$3,179,083
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$6,156,619
Liabilities
$672,567
Net assets
$5,484,052
Revenue
$711,505
Expenses
$3,890,588
Net income
-$3,179,083
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.16$0.67$5.48$0.71$3.89$3.18
2024Detailed filing. Detailed filing data is available for this year.$9.58$0.94$8.64$5.56$1.26$4.30
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.23$0.01$4.22$0.54$0.71$0.17
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.21$0.04$4.17$0.60$1.43$0.83
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.60$0.05$5.55$1.56$2.23$0.67
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.76$1.15$5.62$3.83$3.39$0.44
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.27$0.17$5.11$0.94$1.56$0.62
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.89$0.32$5.57$2.62$1.18$1.44
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.15$0.01$4.14$2.55$0.44$2.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.89$0.02$1.87$0.30$0.40$0.10
2015Summary only. Only limited summary data is available for this year.$2.08$0.05$2.03$0.56$0.40$0.15
2014Summary only. Only limited summary data is available for this year.$2.06$0.10$1.96$0.25$0.14$0.11
2013Summary only. Only limited summary data is available for this year.$6.89$5.22$1.67$0.57$0.44$0.13
2012Summary only. Only limited summary data is available for this year.$7.10$5.65$1.45$5.20$5.15$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Aug 21, 2025
Return Version
2024v5.0
Gross Receipts
$713,064
Mission and Program Overview

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$6,641,808$5,965,714▼ $676,094
Cash and Non-Interest-Bearing Accounts$41,887$99,383▲ $57,496
Savings and Temporary Cash Investments$2,899,977$91,522▼ $2,808,455
Total Assets$9,583,672$6,156,619▼ $3,427,053
Liabilities
Accounts Payable and Accrued Expenses$934,575$661,852▼ $272,723
Deferred Revenue$5,700$10,715▲ $5,015
Total Liabilities$940,275$672,567▼ $267,708
Net Assets / Fund Balance
Net Assets With Donor Restrictions$8,400,679$5,220,832▼ $3,179,847
Net Assets Without Donor Restrictions$242,718$263,220▲ $20,502
Total Net Assets Fund Balance$8,643,397$5,484,052▼ $3,159,345
Total Liabilities and Net Assets / Fund Balance$9,583,672$6,156,619▼ $3,427,053

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$5,965,714--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2025$4,366,890$115,215▲ $684,136-$4,975,706
2024$3,803,269$162,467▲ $550,663-$4,366,890
2023$3,425,621$126,798▲ $398,141-$3,803,269
2022$3,917,791$107,676▼ $474,790$-1,925$3,425,621
2021$3,115,591$104,454▲ $820,527-$3,917,791
Compensation and Service Providers
Top Officer Pay59th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Angela BuckPresident NmFT$152,340$152,340
Michael WilliamsTreasurerFT$147,135$147,135
Griffin GoinsExecutive DiFT$122,679$122,679

Board Members and Trustees

NameTitle
Gina Leblanc-eggertChair
Angela BuckPresident Nmcc/Director
Tony LaheyVice Chair
Aaron CarlsonDirector
Alan TurnbullDirector
Carter VailancourtDirector
Chris FitzpatrickDirector
Connie SandstromDirector
Dottie MartinDirector
Fred GrantDirector
Gregg CollinsDirector
Jane TowleDirector
Jeffrey PangburnDirector
Jessica LaheyDirector
Joe Clukey IiDirector
Josh MclaughlinDirector
Joshua TweedieDirector
Joy Barresi-saucierDirector
Mark BouchardDirector
Michelle CollinsDirector
Pamela TownsendDirector
Richard EngelsDirector
Richard NadeauDirector
Robert F WhiteDirector
Scott CarlinDirector
Senator Trey StewartDirector
Shawn AndersonDirector
Steven OuelletteDirector
Vicki SmithDirector
Doug BinsfeldEx Officio
Islakeno MahabirEx Officio
Mary SmithEx-officio
Ryan BusheyImmediate Pa
Nicole CoteSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$151,706
Program Service Revenue
$0
Investment Income
$544,898
Other Revenue
$14,901
All Other Contributions
$151,706
Change in Net Assets
$-3,179,083

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$36,240
Total Noncash Contributions1$36,240

Audited Revenue Reconciliation

Revenue per Audited Statements
$711,505
Total Revenue per Audited Statements
$711,505
Total Revenue per Form 990
$711,505
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,890,588
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$36,240-$36,240
All Other Expenses$1,551$10,020-$11,571
Other Expenses$24,346$7,031-$7,031
Fees for Services Accounting$4,250--$4,250
Total Functional Expenses$3,837,297$53,291$0$3,890,588

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,890,588
Total Expenses per Audited Statements$3,890,588
Total Expenses per Form 990$3,890,588
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$16,460
Fundraising Direct Expenses$1,559
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$16,460$16,460$1,559$14,901
Total Events$16,460$16,460$1,559$14,901
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

“Elected/approved by committee”

Form 990, Page 6, Part VI, Line 7B

“Decisions approved by committee”

Form 990, Page 6, Part VI, Line 11B

“990 is reviewed and approved by executive committee prior to filing”

Form 990, Page 6, Part VI, Line 12C

“Reviewed annually by committee”

Form 990, Page 6, Part VI, Line 19

“Documents available upon request”

Filing and Contact Details

Filer

Filer Name
Northern Maine Community College
EIN
01-0416939
Phone
2077682700
Address
33 EDGEMONT DRIVE, PRESQUE ISLE, ME 04769

Signing Officer

Name
Michael Williams
Title
Treasurer
Phone
2077682700
Signed
2025-08-21

Organization Details

Principal Officer
Michael Williams
Formed
1985
Legal Domicile
Me
Voting Board Members
32
Independent Board Members
32
Employees
0

Preparer

Firm
Chester M Kearney Pa
Address
PO BOX 1550, PRESQUE ISLE, ME 04769
Preparer
Timothy P Poitras
Phone
2077643171
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S 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.”

Form 990, Part XI, Line 9

“ROUNDING -1”

Raw XML AppendixShowing 400 of 631 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0934575
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0661852
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE 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.
IRS990/AllOtherContributionsAmt0151706
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt010020
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01551
IRS990/AllOtherExpensesGrp/TotalAmt011571
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0MICHAEL WILLIAMS
IRS990/BooksInCareOfDetail/PhoneNum02077682712
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt033 EDGEMONT DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0PRESQUE ISLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ME
IRS990/BooksInCareOfDetail/USAddress/ZIPCd004769
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt041887
IRS990/CashNonInterestBearingGrp/EOYAmt099383
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0151706
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0544898
IRS990/CYOtherExpensesAmt03890588
IRS990/CYOtherRevenueAmt014901
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-3179083
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt03890588
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0711505
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt05700
IRS990/DeferredRevenueGrp/EOYAmt010715
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0SCHOLARSHIPS AND GRANTS PAID
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt08400679
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt05220832
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0166189
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt04250
IRS990/FeesForServicesAccountingGrp/TotalAmt04250
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt036240
IRS990/FeesForServicesOtherGrp/TotalAmt036240
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
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IRS990/MissionDesc0THE 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.
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