THE MISSION IS TO ASSIST INDIVIDUALS AND FAMILIES IN PREVENTING, REDUCING, OR ELIMINATING POVERTY IN THEIR LIVES, AND, THROUGH PARTNERSHIPS, TO ENGAGE THE COMMUNITY IN ADDRESSING ECONOMIC AND SOCIAL NEEDS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$52.2M
+4.5% YoY
Revenue
$66.5M
-9.4% YoY
Net Investment Income
$1.1M
+55.7% YoY
Expenses
$65.7M
-8.7% YoY
About Penquis Cap Inc
Based on IRS filings
Penquis Cap Inc is a nonprofit organization focused on Human Services, based in BANGOR, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $52.2M in total assets. Net investment income was $1.1M.
Focus Areas
Ready to take the next step with Penquis Cap Inc?
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 | $52,196,673 | $49,969,668 | $47,696,399 |
| Revenue | $66,496,748 | $73,415,413 | $95,667,041 |
| Expenses | $65,733,828 | $71,969,421 | $93,465,672 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,051,435 | $675,510 | $533,036 |
| 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 0 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 |
|---|---|---|---|
| MARK LEONARD | CHAIR | 1 | — |
| LAURA SANBORN | VICE CHAIR | 1 | — |
| CONNIE PUTNAM | SECRETARY | 1 | — |
| HEATHER BLACKWELL | DIRECTOR | 1 | — |
| ANGELA FILECCIA | DIRECTOR | 1 | — |
| BRENT FOLSTER | DIRECTOR | 1 | — |
| CYNTHIA GARDNER | DIRECTOR | 1 | — |
| DAVID GREEN | DIRECTOR | 1 | — |
| KEVIN GREGORY | DIRECTOR | 1 | — |
| JOSEPH LEONARD | DIRECTOR | 1 | — |
| AMY SUE MCGILL | DIRECTOR | 1 | — |
| LAURA MELLITS | DIRECTOR | 1 | — |
| PATRICK POLKY | DIRECTOR | 1 | — |
| MARY PRYBYLO | DIRECTOR | 1 | — |
| WILLIAM THOMPSON | DIRECTOR | 1 | — |
| KARA HAY | CHIEF EXECUTIVE OFFICER | 40 | $249,207 |
| DENICE CONARY | CHIEF FINANCIAL OFFICER | 40 | $183,784 |
| HEIDI LEBLANC | CHIEF OPERATING OFFICER | 40 | $165,150 |
| JENNIFER GIOSIA | DIRECTOR - HES | 40 | $162,860 |
| JANEEN FEERO | DEVELOPMENT DIRECTOR | 40 | $161,205 |
| STEVEN RICHARD | DIRECTOR - TRANSPORTATION | 40 | $144,853 |
| DANIELLE GOODALE | DIRECTOR - HR | 40 | $134,851 |
| JASON BIRD | DIRECTOR - HD | 22 | $128,015 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Grand Chapter of Maine Order of the Eastern Star
AUGUSTA, ME
Assets
$2.9M
Grants
1
Total Given
$5K
Bangor Theological Seminary
PORTLAND, ME
Assets
$22.4M
Grants
3
Total Given
$11K
Maine Hospital Association Inc
AUGUSTA, ME
Assets
$8.0M
Grants
1
Total Given
$10K
Bowery Beach School Bldg Maintenance Tr
SOUTH PORTLAND, ME
Assets
$29K
Grants
0
Total Given
—
United Way of Tri Vally Area
FARMINGTON, ME
Assets
$306K
Grants
13
Total Given
$77K
Elmina B Sewall Foundation
FREEPORT, ME
Assets
$164.8M
Grants
296
Total Given
$14.4M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Penquis Cap Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities