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EIN 86-2316892

Atlantic Federal Credit Union Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
South Portland
State
Maine
Year formed
2022
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Atlantic Federal Credit Union Foundation is a private foundation located in South Portland, ME, that primarily funds general support and scholarships. It awards scholarships and grants to individuals residing in the area and to 501(c)(3) organizations. Last year, it made 76 grants, including support for the Me Credit Union Campaign for Ending Hunger and other initiatives.
Total revenues
$524,863
2023
Total expenses
$180,627
2023
Total assets
$2,565,105
2023
Num. employees
0
2023

Program areas at Atlantic Federal Credit Union Foundation

The Atlantic Federal Credit Union Foundation awards scholarships and grants to individuals residing in, and 501(c)(3) organizations serving and operating in communities serviced by the Atlantic regional Federal Credit Union.

Grants made by Atlantic Federal Credit Union Foundation

GranteeGrant descriptionAmount
Maine Credit Union's Campaign for Ending HungerGeneral Support$86,292
ProsperityMEGeneral Support$5,000
York County Community Action (YCCAC)General Support$5,000
...and 34 more grants made totalling $116,942

Financials for Atlantic Federal Credit Union Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$427,000
Investment income and dividends$105,043
Net rental income$0
Net gain from sale of non-inventory assets$-7,180
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$524,863

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Data update history
December 25, 2024
Updated personnel
Identified 2 new personnel
December 30, 2023
Posted financials
Added Form 990PF for fiscal year 2022
August 5, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 7, 2023
Updated personnel
Identified 5 new personnel
May 23, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
EducationHunger
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
600 Sable Oaks Suite 100
South Portland, ME 04106
Metro area
Portland-South Portland, ME
County
Cumberland County, ME
Phone
(800) 834-0432
IRS details
EIN
86-2316892
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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