Civic Intelligence

Chip Inc.

990 • Fiscal year 2024 • EIN 22-2632040

Jan 01, 2024 to Dec 31, 2024 • Filed on May 06, 2025

PO Box 6Newcastle, ME 04553

(297) 380-9276

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

35th percentile

0.00x

Higher debt load relative to assets than 35% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

Higher debt load relative to revenue than 35% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

70th percentile

18%

Higher net margin than 70% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

63rd percentile

$39,390

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 9.8% of source-year revenue.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

69th percentile

14%

Faster asset growth than 69% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

44th percentile

4.2%

Faster revenue growth than 44% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$571,406

Up $71,378 (+14%) from 2023

Net Assets

Up

$571,139

Up $71,111 (+14%) from 2023

Liabilities

Up

$267

Up $267 from 2023

Revenue

Up

$403,570

Up $16,277 (+4.2%) from 2023

Expenses

Up

$332,459

Up $75,678 (+29%) from 2023

Net Income

Down

$71,111

Down $59,401 (-46%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $79,563Liabilities 2011: $02011Assets 2012: $75,058Liabilities 2012: $02012Assets 2013: $532,658Liabilities 2013: $0Net Assets 2013: $532,6582013Assets 2014: $489,085Liabilities 2014: $0Net Assets 2014: $489,0852014Assets 2015: $476,578Liabilities 2015: $0Net Assets 2015: $476,5782015Assets 2016: $426,990Liabilities 2016: $0Net Assets 2016: $426,9902016Assets 2017: $426,605Liabilities 2017: $0Net Assets 2017: $426,6052017Assets 2018: $416,195Liabilities 2018: $0Net Assets 2018: $416,1952018Assets 2019: $416,883Liabilities 2019: $0Net Assets 2019: $416,8832019Assets 2020: $460,683Liabilities 2020: $0Net Assets 2020: $460,6832020Assets 2021: $480,465Liabilities 2021: $0Net Assets 2021: $480,4652021Assets 2022: $369,516Liabilities 2022: $0Net Assets 2022: $369,5162022Assets 2023: $500,028Liabilities 2023: $0Net Assets 2023: $500,0282023Assets 2024: $571,406Liabilities 2024: $267Net Assets 2024: $571,1392024

Highlighted filing

2024

Assets$571,406
Liabilities$267
Net Assets$571,139

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $120,899Expenses 2011: $107,204Net Income 2011: $13,6952011Revenue 2012: $107,525Expenses 2012: $112,031Net Income 2012: -$4,5062012Revenue 2013: $132,226Expenses 2013: $131,001Net Income 2013: $1,2252013Revenue 2014: $139,777Expenses 2014: $183,350Net Income 2014: -$43,5732014Revenue 2015: $145,391Expenses 2015: $157,898Net Income 2015: -$12,5072015Revenue 2016: $142,010Expenses 2016: $191,598Net Income 2016: -$49,5882016Revenue 2017: $218,062Expenses 2017: $218,447Net Income 2017: -$3852017Revenue 2018: $189,156Expenses 2018: $199,566Net Income 2018: -$10,4102018Revenue 2019: $177,777Expenses 2019: $177,089Net Income 2019: $6882019Revenue 2020: $219,792Expenses 2020: $175,992Net Income 2020: $43,8002020Revenue 2021: $306,952Expenses 2021: $287,169Net Income 2021: $19,7832021Revenue 2022: $285,132Expenses 2022: $396,080Net Income 2022: -$110,9482022Revenue 2023: $387,293Expenses 2023: $256,781Net Income 2023: $130,5122023Revenue 2024: $403,570Expenses 2024: $332,459Net Income 2024: $71,1112024

Highlighted filing

2024

Revenue$403,570
Expenses$332,459
Net Income$71,111
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 6, 2025
Return Version
2024v5.0
Gross Receipts
$403,570
Mission and Program Overview

Mission

Low income shelter needs "neighbors helping neighbors keep their homes safe, warm and dry"

Low income shelter needs neighbors helping neighbors keep their homes safe, warm and dry

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$500,028$571,139▲ $71,111
Investments Other Securities$267,144$267,503▲ $359
Savings and Temporary Cash Investments$16,396$224,588▲ $208,192
Investments in Publicly Traded Securities$68,382$64,569▼ $3,813
Cash and Non-Interest-Bearing Accounts$148,106$14,746▼ $133,360
Total Assets$500,028$571,406▲ $71,378
Liabilities
Accounts Payable and Accrued Expenses-$267-
Total Liabilities$0$267▲ $267
Net Assets / Fund Balance
Total Net Assets Fund Balance$500,028$571,139▲ $71,111
Total Liabilities and Net Assets / Fund Balance$500,028$571,406▲ $71,378

Asset Categories

AssetBook ValueDepreciationBasis
Closely Held Equity Interests$267,503--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brittany GillCoordinatorPT$39,390$39,390

Board Members and Trustees

NameTitle
Brad CraigPresident
Richard MarchiVice President
David RayDirector
Hannah McgheeDirector
Jake AbbotDirector
Jim SwanDirector
Julie TenanDirector
Laura Sproul-sDirector
Randy DominaDirector
Rich MardoianDirector
Ruth PiperDirector
Sarah KennedyDirector
Tim MellonDirector
Julie TenanCorrespond Sec
Jennifer PendlFinancial Secy
Linda SchafferRecording Secy
Kay WhitnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$336,808
Program Service Revenue
$0
Investment Income
$50,779
Other Revenue
$15,983
All Other Contributions
$336,808
Change in Net Assets
$71,111

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$760Cost
Other Non Cash Contri Table1$10Cost
Total Noncash Contributions2$770-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$269,306
Salaries, Compensation, and Employee Benefits$43,975
Other Expenses$19,178
Total Fundraising Expense$3,965
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$269,306--$269,306
Current Officers, Directors, Trustees, and Key Employees$39,390--$39,390
Insurance$676$4,626-$5,302
Payroll Taxes$4,585--$4,585
Fees for Services Accounting-$4,320-$4,320
Office Expenses$297$686$2,126$3,109
Other Expenses$1,128$1,040$1,839$1,128
Total Functional Expenses$317,822$10,672$3,965$332,459
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 Part VI Line 11B

The board reviews 990 prior to approval

Form 990 Part VI Line 15B

The organization does not have any compensated employees the part time coordinators stipend was set by the board

Form 990 Part VI Line 12C

Confirmed by written disclosure at least annually

Schedule D Part VII

The closely held equity investments are two real estate partnerships received as an inheritance. The percentage of ownership in both partnerships is under 2%.

Form 990 Part VIII Line 11

The amount reported on line 11 consists of gains passed through on schedule k1 from partnership investments held by the organization as part of its endowment and long term

Filing and Contact Details

Filer

Filer Name
Chip Inc
EIN
22-2632040
Phone
2973809276
Address
PO BOX 6, NEWCASTLE, ME 04553

Signing Officer

Name
Kay Whitner
Title
Treasurer
Phone
2973809276
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kay Whitner
Formed
1984
Legal Domicile
Me
Voting Board Members
18
Independent Board Members
18
Employees
1
Volunteers
150

Preparer

Firm
Sunny Side Accounting
Address
559 JONES WOODS ROAD, NEWCASTLE, ME 04553
Preparer
Cheryl Crummett Ea
Phone
2075865576
Supplemental Narrative

Additional Explanations

Investment Portfolio. These Gains Include Section 1231 and

Section 1250 gains attributable to the sale of real property by the partnerships. Because these gains were not from the sale of securities they are not reported on line 7a

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IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0ME
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0LOW INCOME SHELTER NEEDS NEIGHBORS HELPING NEIGHBORS KEEP THEIR HOMES SAFE, WARM AND DRY
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0500028
IRS990/NetAssetsOrFundBalancesEOYAmt0571139
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt06915
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt06915
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NoncashContributionsAmt0760
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt02126
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0686
IRS990/OfficeExpensesGrp/ProgramServicesAmt0297
IRS990/OfficeExpensesGrp/TotalAmt03109
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0FEES
IRS990/OtherExpensesGrp/Desc1MILEAGE REIMBURSEMENT
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/FundraisingAmt01839
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01040
IRS990/OtherExpensesGrp/ProgramServicesAmt02154
IRS990/OtherExpensesGrp/ProgramServicesAmt1286
IRS990/OtherExpensesGrp/ProgramServicesAmt21128
IRS990/OtherExpensesGrp/TotalAmt03993
IRS990/OtherExpensesGrp/TotalAmt11326
IRS990/OtherExpensesGrp/TotalAmt21128
IRS990/OtherRevenueMiscGrp/BusinessCd0525990
IRS990/OtherRevenueMiscGrp/Desc0PARTNERSHIP INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt015983
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt015983
IRS990/OtherRevenueTotalAmt015983
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt04585
IRS990/PayrollTaxesGrp/TotalAmt04585
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KAY WHITNER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0315674
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0207170
IRS990/PYOtherExpensesAmt017200
IRS990/PYProgramServiceRevenueAmt071619
IRS990/PYRevenuesLessExpensesAmt0130512
IRS990/PYSalariesCompEmpBnftPaidAmt032411
IRS990/PYTotalExpensesAmt0256781
IRS990/PYTotalRevenueAmt0387293
IRS990/ReconcilationRevenueExpnssAmt071111
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0500028
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0571139
IRS990/SavingsAndTempCashInvstGrp/BOYAmt016396
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0224588
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE AMOUNT REPORTED INCLUDES SECTION 1250 AND 1231 GAINS PASSED THROUGH ON SCHEDULES K1 FROM PARTNERSHIP INVESTMENTS THE GAINS ARE FROM THE SALE OF REAL PROPERTY BY THE PARTNERSHIPS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCH A SECTION B LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0336808
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0315674
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0267490
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0251770
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0176494
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01348236
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt050779
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt071619
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt035666
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt055124
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt043198
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0256386
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt015983
IRS990ScheduleA/OtherIncome170Grp/TotalAmt015983
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.83190
IRS990ScheduleA/PublicSupportPY170Pct00.73070
IRS990ScheduleA/PublicSupportTotal170Amt01348236
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0336808
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0315674
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0267490
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0251770
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0176494
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01348236
IRS990ScheduleA/TotalSupportAmt01620763
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt058
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0158
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt0267503
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueSecuritiesAmt0267503
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt092502
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt1169485
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0HEATING ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1WEATHERIZATION AND REPAIR
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0212
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt167
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt70
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt80
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt90
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt100
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt110
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt11
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0PROPANE
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1TOOLS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0COST
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1COST
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.71$0.00$5.71$4.04$3.32$0.71
2023Summary only. Only limited summary data is available for this year.$5.00$0.00$5.00$3.87$2.57$1.31
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.70$0.00$3.70$2.85$3.96$1.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.80$0.00$4.80$3.07$2.87$0.20
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.61$0.00$4.61$2.20$1.76$0.44
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.17$0.00$4.17$1.78$1.77$0.01
2018Summary only. Only limited summary data is available for this year.$4.16$0.00$4.16$1.89$2.00$0.10
2017Summary only. Only limited summary data is available for this year.$4.27$0.00$4.27$2.18$2.18$0.00
2016Summary only. Only limited summary data is available for this year.$4.27$0.00$4.27$1.42$1.92$0.50
2015Summary only. Only limited summary data is available for this year.$4.77$0.00$4.77$1.45$1.58$0.13
2014Summary only. Only limited summary data is available for this year.$4.89$0.00$4.89$1.40$1.83$0.44
2013Summary only. Only limited summary data is available for this year.$5.33$0.00$5.33$1.32$1.31$0.01
2012Summary only. Only limited summary data is available for this year.$0.75$0.00$1.08$1.12$0.05
2011Summary only. Only limited summary data is available for this year.$0.80$0.00$1.21$1.07$0.14