Maine State Credit Union
PROVIDE MEMBERS WITH SAVINGS AND LOAN SERVICES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$701.9M
+9.2% YoY
Annual Giving
$196K
-3.2% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$98K
+45.2% YoY
About Maine State Credit Union
Based on IRS filings
Maine State Credit Union is a nonprofit organization, based in AUGUSTA, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $701.9M in total assets. In 2024, it awarded 2 grants totaling $196K. Net investment income was $4.2M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $701,935,355 | $643,067,217 | $586,697,194 |
| Revenue | $39,810,710 | $30,231,672 | $24,248,381 |
| Expenses | $38,756,567 | $28,782,297 | $20,904,856 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,242,953 | $3,207,024 | $2,218,674 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIC POIRIER | CHAIRPERSON | 1 | — |
| LIZ OUELLETTE | VICE CHAIRPERSON | 1 | — |
| ROLAND MAHEUX | TREASURER | 1 | — |
| GEORGE LAPOINTE | SECRETARY | 1 | — |
| LEONARD CABANA | DIRECTOR | 1 | — |
| GARY CROCKER | DIRECTOR | 1 | — |
| THOMAS CUSICK | DIRECTOR | 1 | — |
| DUNCAN MACKELLAR | DIRECTOR | 1 | — |
| MICHAEL RODERIGUE | DIRECTOR | 1 | — |
| JAMES SOUCIE | DIRECTOR | 1 | — |
| STEPHEN WALLACE | PRESIDENT/CEO | 40 | $399,928 |
| BRIE MELLOR | SVP/CHIEF LENDING OFFICER | 40 | $193,109 |
| SHANE ABBOTT | SVP/CHIEF STRATEGY OFFICER | 40 | $195,012 |
| AMANDA CROMMETT | SVP/CHIEF RETAIL OFFICER | 40 | $137,462 |
| JASON HILT | SVP/CFO (THRU AUG '24) THEN SVP/CONTROLLER | 40 | $134,441 |
| NEAL BLAKE | SVP/CHIEF FINANCIAL OFFICER | 40 | $47,963 |
| BRUCE HARRINGTON | SVP COMMERCIAL LENDING | 40 | $164,974 |
| ELIZEBETH JEAN | SVP RESIDENTIAL MORTGAGE | 40 | $149,305 |
| JEFFREY CHARLAND | VP COMMERCIAL LOAN OFFICER | 40 | $152,157 |
| JENNIFER BECHARD | VP OF HUMAN RESOURCES | 40 | $139,566 |
| MITCHELL RYAN | VP TECHNOLOGY OPERATIONS | 40 | $140,508 |
Related Funders
Similar funders by location and focus area
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Assets
$2.9M
Grants
1
Total Given
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Total Given
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Maine Hospital Association Inc
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Assets
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Grants
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Total Given
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Bowery Beach School Bldg Maintenance Tr
SOUTH PORTLAND, ME
Assets
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Total Given
—
United Way of Tri Vally Area
FARMINGTON, ME
Assets
$306K
Grants
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Total Given
$77K
Elmina B Sewall Foundation
FREEPORT, ME
Assets
$164.8M
Grants
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Total Given
$14.4M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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