Biddeford and Mechanics Savings

AUBURN, ME EIN: 85-1674412

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$108K

-59.9% YoY

Annual Giving

$183K

+34.4% YoY

Grant Count

26

+13.0% YoY

Avg Grant Size

$7K

+18.9% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$228K$457K$685K$913K20202021202220232024
Metric202420232022
Total Assets$107,693$268,635$375,386
Revenue$49,018$12,348$402,778
Expenses$184,960$142,707$122,175
Qualifying Distributions$183,910$137,144$121,225
Net Investment Income$7,568$11,348$148,702
Distributable Amount$9,259$15,960$11,040

Giving Over Time

Total grant dollars and number of grants per year

$0$46K$93K$139K$186K37 grants202026 grants202122 grants202223 grants202326 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

United Way of Southern M…$30KMy Place Teen Center$27KTrinity Jubilee Center$15KSt Mary's Health System$10KSweetser$10KTedford Housing$10KThe Drop-In Center$10KSafe Voices$8KCommunity Dental$5KMainely Character$5K

Grant Size Distribution

134 grants across all recorded years

134<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Biddeford and Mechanics Savings fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Heather ChandlerBoard Member1
Dan ColbyBoard Member1
Sandy DolbyBoard Member (end 10/2024)1
Alan HahnelBoard Member1
Chris HanksBoard Member (end 10/2024)1
Gail NasonBoard Member (end 10/2024)1
Jon OxmanBoard Member (end 10/2024)1
Debra RoyBoard Member (end 10/2024)1
Wayne ShermanBoard Member1
Richard WhitingBoard Member1
Jeanne HulitPresident & Board Member1
Amy LandryChair & Board Member1
Keith JacquesVice Chair & Board Member1
Carri BrownTreasurer1
Suzanne CarneySecretary1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

3states

Cities

AlexandriaAuburnBathBiddefordBrunswickEast WaterboroFairfieldKennebunkLewistonPolandPortlandSacoScarboroughSherman AvenueSouth PortlandTopshamWaterboroWellsWestbrookWindham

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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