Preachers' Aid Society of New England
Preachers' Aid Society of New England endeavors to remain faithful to our core commitment to improve the quality of life among our United Methodist clergy, especially those who have retired from ministry and their surviving spouses. Through our strong financial support for retiree health care, training in personal financial management, spiritual life retreats and direct services to clergy families in need, we utilize the endowment of our Society to help generations of families enjoy a rich and full life in Christian ministry.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$53.2M
+4.7% YoY
Annual Giving
$380K
Grant Count
2
Avg Grant Size
$190K
About Preachers' Aid Society of New England
Based on IRS filings
Preachers' Aid Society of New England is a nonprofit organization, based in WELLS, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $53.2M in total assets. In 2024, it awarded 2 grants totaling $380K. Net investment income was $2.0M.
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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 | $53,183,149 | $50,793,022 | $48,592,141 |
| Revenue | $2,739,303 | $2,756,146 | $1,949,291 |
| Expenses | $2,705,660 | $2,199,889 | $1,921,671 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,996,576 | $2,082,149 | $1,291,131 |
| 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
2 grants across all recorded years
Open Grants
2 open opportunities from Preachers' Aid Society of New England
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 |
|---|---|---|---|
| George Dow Sr | Director | 2 | — |
| Rich Hughen | Director (start 5/2024) | 2 | — |
| Ellen Jackson | Director | 2 | — |
| Cynthia Johnson | Director | 2 | — |
| April Morgan | Director | 2 | — |
| Donald O'Keefe | Director | 2 | — |
| Gwen Savych | Director | 2 | — |
| Douglas Stevenson | Director | 2 | — |
| Jinsook Song | Director | 2 | — |
| R Paul Weston | Director (end 5/2024) | 2 | — |
| Douglas Verge | Director | 2 | — |
| Elizabeth Dallas | President | 2 | — |
| Lynn Matson | 1st Vice President | 2 | — |
| Tracy Tarver | 2nd Vice President | 2 | — |
| Charles Emery | Treasurer | 2 | — |
| Janice Schuster | Secretary | 2 | — |
| Dr Wesley E Palmer | Executive Director | 40 | $115,135 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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