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
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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 | $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 2024.
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
Frequently Asked Questions
What is Penquis Cap Inc?
Penquis Cap Inc is a nonprofit organization focused on Human Services, based in BANGOR, ME. It holds $52.2M in total assets as of 2024.
How large is Penquis Cap Inc?
As of 2024, Penquis Cap Inc holds $52.2M in total assets with $66.5M in annual revenue.
Where does Penquis Cap Inc operate?
Penquis Cap Inc has awarded grants in Maine.
What is Penquis Cap Inc's EIN?
Penquis Cap Inc's EIN (Employer Identification Number) is 01-6023748. IRS Form 990 filing data is available on this page for 2020–2024.
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