Machias Savings Bank Community

MACHIAS, ME EIN: 01-0514175

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$3.9M

+15.8% YoY

Annual Giving

$203K

-16.5% YoY

Grant Count

27

-22.9% YoY

Avg Grant Size

$8K

+8.2% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$235K$471K$706K$942K20202021202220232024
Metric202420232022
Total Assets$3,942,418$3,404,153$3,401,143
Revenue$750,066$253,476$-23,824
Expenses$212,801$249,466$164,866
Qualifying Distributions$203,465$243,325$160,300
Net Investment Income$741,123$247,335$49,877
Distributable Amount$229,679$197,887$202,049

Giving Over Time

Total grant dollars and number of grants per year

$0$125K$250K$375K$500K70 grants202018 grants202122 grants202235 grants202327 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Maine Lobstermen's Commu…$50KHusson University$25KFocusMaine$15KThe College of the Atlan…$13KAvesta Housing Developme…$8KPortland Ovations$8KTown of Danforth$6KBig Brothers Big Sisters…$5KEastern Area Agency on A…$5KGreater Portland Immigra…$5K

Grant Size Distribution

172 grants across all recorded years

169<$50K2$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Machias Savings Bank Community fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Telford Allen IIIDirector0.2
LuAnn BallesterosDirector0.2
Chris FitzpatrickDirector0.2
Robert W FosterDirector0.2
Brent K HartleyDirector0.2
Zachary MeansDirector0.2
Donald E ReynoldsDirector0.2
Oliver SmithDirector0.2
Lawrence L BarkerDirector/President0.2
Christian A LyfordVice President0.2
Matthew J WalshTreasurer0.2
Nathan J MartellSecretary0.2

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

Cities

AugustaBangorBar HarborBiddefordBrewerBrunswickCamdenCaribouDanforthDover FoxcroftEast MachiasEllsworthFraminghamGouldsboroHallowellHartlandHoultonJonesportKennebunkLewiston

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

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