MACHIAS SAVINGS BANK COMMUNITY DEVELOPMENT FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- MACHIAS SAVINGS BANK COMMUNITY DEVELOPMENT FOUNDATION (EIN 01-0514175)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-03-15
- IRS object ID
- 202230749349100818
- Schema version
- 2021v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-03-15T14:22:58-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010494526 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baker Newman Noyes | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 507 | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04112 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010514175 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Machias Savings Bank Community | BusinessNameLine1Txt |
| Business Name Line2 | Development Foundation | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MACH | BusinessNameControlTxt |
| Phone | 2072553347 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 318 | AddressLine1Txt |
| City | Machias | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04654 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Matthew J Walsh CPA | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 2072553347 | PhoneNum |
| Signature | 2022-03-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Matthew | PersonFirstNm |
| Person Last | Walsh CPA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Nicholas E Porto | PreparerPersonNm |
| PTIN | P01310283 | PTIN |
| Phone | 2078792100 | PhoneNum |
| Preparation | 2022-03-09 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $4,908,314 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $257 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $257 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $126,142 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $126,142 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $193,210 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $907,340 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $193,210 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $319,609 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $319,609 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $900 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $300 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $600 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $2,964 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $2,964 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $13,804 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $17,668 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,264 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $600 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $132,666 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $132,666 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $150,334 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,264 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $133,266 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $169,275 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $316,345 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $440,015 | CashBOYAmt |
| Cash EOY | $5,487 | CashEOYAmt |
| Cash EOYFMV | $5,487 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $43,611 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $428,082 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $428,082 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,936,932 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,156,264 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,474,745 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $3,420,558 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,589,833 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,908,314 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $3,064,968 | CapitalStockBOYAmt |
| Capital Stock EOY | $3,420,558 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $355,590 | RetainedEarningBOYAmt |
| Retained Earning EOY | $169,275 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $3,420,558 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,589,833 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $3,420,558 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,589,833 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $3,420,558 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $169,275 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $3,589,833 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $3,589,833 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly Traded Securities | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $907,340 | GrossSalesPriceAmt |
| Cost Or Other Basis | $714,130 | CostOrOtherBasisAmt |
| Gain Or Loss | $193,210 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $193,210 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $193,210 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,397 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,397 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,397 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $11,920 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $11,920 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $7,523 | OverpaymentAmt |
| Applied To ES Tax | $7,523 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | ME | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | Matthew J Walsh CPA | IndividualWithBooksNm |
| Phone | 2072559283 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o Machias Savings Bank 4 Center | AddressLine1Txt |
| Address Line2 | St | AddressLine2Txt |
| City | Machias | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 046540318 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (11 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Telford Allen III | ||||||||
| PO Box 318 | Machias | ME | 04654 | Director | 0.20 | $0 | $0 | $0 |
| LuAnn Ballesteros | ||||||||
| PO Box 318 | Machias | ME | 04654 | Director | 0.20 | $0 | $0 | $0 |
| Robert W Foster | ||||||||
| PO Box 318 | Machias | ME | 04654 | Director | 0.20 | $0 | $0 | $0 |
| Brent K Hartley | ||||||||
| PO Box 318 | Machias | ME | 04654 | Director | 0.20 | $0 | $0 | $0 |
| Zachary Means | ||||||||
| PO Box 318 | Machias | ME | 04654 | Director | 0.20 | $0 | $0 | $0 |
| Donald E Reynolds | ||||||||
| PO Box 318 | Machias | ME | 04654 | Director | 0.20 | $0 | $0 | $0 |
| Oliver Smith | ||||||||
| PO Box 318 | Machias | ME | 04654 | Director | 0.20 | $0 | $0 | $0 |
| Lawrence L Barker | ||||||||
| PO Box 318 | Machias | ME | 04654 | Director/President | 0.20 | $0 | $0 | $0 |
| Christian A Lyford | ||||||||
| PO Box 318 | Machias | ME | 04654 | Vice President | 0.20 | $0 | $0 | $0 |
| Matthew J Walsh | ||||||||
| PO Box 318 | Machias | ME | 04654 | Treasurer | 0.20 | $0 | $0 | $0 |
| Nathan J Martell | ||||||||
| PO Box 318 | Machias | ME | 04654 | Secretary | 0.20 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,102,332 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $394,491 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,496,823 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,496,823 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $67,452 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,429,371 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $221,469 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $221,469 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,397 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,397 | TotalTaxAmt |
| Distributable Before Adj | $217,072 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $217,072 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $217,072 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $133,266 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $133,266 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $217,072 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $25,834 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $8,358 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $53,051 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $320,435 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $407,678 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $133,266 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $133,266 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $83,806 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $83,806 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $323,872 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $323,872 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $3,437 | ExcessFromYear2Amt |
| Excess From Year1 | $320,435 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | Melissa Moffett Denbow Community Ex | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 318 | AddressLine1Txt |
| City | Machias | CityNm |
| State Abbreviation | ME | StateAbbreviationCd |
| ZIP | 04654 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2072559266 | RecipientPhoneNum |
| Recipient Email Address | mdenbow@machiassavings.com | RecipientEmailAddressTxt |
| Form And Info And Materials | Potential applicants may learn about and apply for the various grant programs offered by the Foundation through the Machias Savings Bank website, at: https://www.machiassavings.bank/guidelines.aspx Applicants will be asked to describe their organization and why they are deserving of funding. The Foundation prioritizes grants to organizations that support or promote individual financial health; basic human needs such as food, housing, and healthcare; income programming; workforce development; entrepreneurship; broadband connectivity; childcare; and youth programming. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | Grants become open for application at periodic intervals throughout the year. | SubmissionDeadlinesTxt |
| Restrictions On Awards | The Foundation only makes grants to qualified 501(c)(3) organizations. A nonprofit may apply for a donation from the Machias Savings Bank and still be eligible for a grant from the Foundation. Awards are generally limited to organizations operating in the service areas of Machias Savings Bank. The Foundation does not award donations to religious or political organizations, unless the programming is for food insecurity or to advance financial health. The Foundation also does not award donations to individuals. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (18 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Adopt A Block of Aroostook | |||||||
| PO Box 517 307 Military Street | Houlton | ME | 04730 | N/A | PC | Program Support Grant | $5,000 |
| Apex Youth Connection | |||||||
| PO Box 783 45 Granite Street | Biddeford | ME | 04005 | N/A | PC | Program Support Grant | $2,666 |
| Aroostook County Action Program | |||||||
| PO Box 1116 | Presque Isle | ME | 04769 | N/A | PC | Program Support Grant | $5,000 |
| Bangor Area Homeless Shelter | |||||||
| 263 Main Street | Bangor | ME | 04401 | N/A | PC | Program Support Grant | $5,000 |
| Boots2Roots | |||||||
| 428 Fore Street 3rd Floor | Portland | ME | 04101 | N/A | PC | Program Support Grant | $2,500 |
| Downeast Community Partners | |||||||
| 248 Bucksport Road | Ellsworth | ME | 04654 | N/A | PC | Program Support Grant | $5,000 |
| Habitat for Humanity of Greater Bangor | |||||||
| 378 Harlow Street | Bangor | ME | 04401 | N/A | PC | Program Support Grant | $5,000 |
| Husson University | |||||||
| 1 College Circle | Bangor | ME | 04401 | N/A | PC | Program Support Grant | $25,000 |
| Immigrant Legal Advocacy Project | |||||||
| PO Box 17917 | Portland | ME | 04112 | N/A | PC | Program Support Grant | $2,500 |
| Maine Center For Coastal Fisheries | |||||||
| PO Box 27 13 Atlantic Avenue | Stonington | ME | 04681 | N/A | PC | Program Support Grant | $2,500 |
| Maine Community Foundation | |||||||
| 245 Main Street | Ellsworth | ME | 04605 | N/A | PC | Program Support Grant | $25,000 |
| Mainestream Finance | |||||||
| 262 Harlow Street | Bangor | ME | 04401 | N/A | PC | Program Support Grant | $2,500 |
| New Ventures Maine University of Maine at Augusta | |||||||
| 46 University Drive | Augusta | ME | 04330 | N/A | GOV | Program Support Grant | $2,500 |
| Sunrise County Economic Council | |||||||
| 7 Ames Way | Machias | ME | 04654 | N/A | PC | Program Support Grant | $20,000 |
| The College of the Atlantic | |||||||
| 105 Eden Street | Bar Harbor | ME | 04609 | N/A | PC | Program Support Grant | $12,500 |
| The Locker Project | |||||||
| PO Box 3134 | Portland | ME | 04104 | N/A | PC | Program Support Grant | $2,500 |
| The Opportunity Alliance | |||||||
| 50 Lydia Street | South Portland | ME | 04106 | N/A | PC | Program Support Grant | $5,000 |
| Town of Danforth | |||||||
| PO Box 117 18 Central Street | Danforth | ME | 04424 | N/A | GOV | Program Support Grant | $2,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $132,666 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $257 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $126,142 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $193,210 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $319,609 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $319,609 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $900 | Amt |
| Net Investment Income | $300 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $600 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (39 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 730 shares ABBV | $77,699 | $98,844 |
| 270 shares ACN | $56,114 | $111,929 |
| 80 shares GOOG | $127,536 | $231,487 |
| 39 shares AMZN | $98,349 | $130,039 |
| 610 sahres AXP | $69,657 | $99,796 |
| 560 shares AME | $51,238 | $82,342 |
| 305 shares AON | $76,517 | $91,671 |
| 1140 shares AAPL | $86,185 | $202,430 |
| 17582.26 shares BGEGX | $409,585 | $429,535 |
| 80 shares BRK.B | $14,637 | $23,920 |
| 190 shares AVGO | $57,442 | $126,428 |
| 545 shares BR | $77,115 | $99,637 |
| 585 shares CDW | $74,671 | $119,796 |
| 915 shares CVS | $80,479 | $94,391 |
| 190 shares DHR | $50,897 | $62,512 |
| 525 shares DHI | $39,761 | $56,936 |
| 560 shares EXPD | $74,576 | $75,202 |
| 250 shares GNRC | $64,128 | $87,980 |
| 1800 shares HPQ | $39,271 | $67,806 |
| 280 shares HD | $68,906 | $116,203 |
| 330 shares HON | $50,485 | $68,808 |
| 600 shares JNJ | $90,400 | $102,642 |
| 500 shares JPM | $70,354 | $79,175 |
| 385 shares LHX | $83,089 | $82,097 |
| 200 shares LRCX | $52,496 | $143,830 |
| 195 shares MA | $60,175 | $70,067 |
| 320 shares MCD | $64,202 | $85,782 |
| 520 shares MSFT | $92,942 | $174,886 |
| 575 shares NKE | $48,679 | $95,835 |
| 330 shares NXPI | $55,337 | $75,167 |
| 2000 shares PFE | $69,453 | $118,100 |
| 460 shares PII | $44,880 | $50,559 |
| 725 shares RTX | $64,231 | $62,394 |
| 205 shares SPGI | $67,305 | $96,746 |
| 195 shares TMO | $72,689 | $130,112 |
| 215 shares UNH | $65,247 | $107,960 |
| 300 shares V | $58,610 | $65,013 |
| 3338.502 shares WIGRX | $251,630 | $319,561 |
| 4954.019 shares WCMIX | $99,297 | $137,127 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Account Management Fees | CategoryTxt |
| Amt | $2,964 | Amt |
| Net Investment Income | $2,964 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Federal Excise Taxes | CategoryTxt |
| Amt | $13,804 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |