Maine State Credit Union
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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
Among its reported 2024 grants, the largest include Maine Credit Union's Campaign for Ending Hunger ($100,599), The Foundation for Maine Community Colleges ($95,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MAINE CREDIT UNION'S CAMPAIGN FOR ENDING HUNGER PORTLAND, ME | TO COMBAT FOOD INSECURITY IN MAINE | $100,599 |
| THE FOUNDATION FOR MAINE COMMUNITY COLLEGES SOUTH PORTLAND, ME | SCHOLARSHIPS | $95,000 |
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 |
Frequently Asked Questions
How large is Maine State Credit Union?
As of 2024, Maine State Credit Union holds $701.9M in total assets with $39.8M in annual revenue. It awarded 2 grants totaling $196K in 2024.
Where does Maine State Credit Union operate?
Maine State Credit Union has awarded grants in Maine.
What size grants does Maine State Credit Union award?
In 2024, Maine State Credit Union awarded 2 grants totaling $196K — an average of about $98K per grant, based on its IRS Form 990 filings.
What is Maine State Credit Union's EIN?
Maine State Credit Union's EIN (Employer Identification Number) is 01-0196194. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Maine State Credit Union's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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