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Boothbay Region Student Aid Fund In

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 016019359 ✦ Boothbay harbor, ME ✦ Designated as a 501(c)(3)

Overview

What is Boothbay Region Student Aid Fund In?

Boothbay Region Student Aid Fund In is a charitable organization based in Boothbay Harbor, Maine. Their primary mission is to provide financial aid to graduates of Boothbay Region High School who struggle with limited financial resources, enabling them to pursue post-secondary education. During the year, they awarded 71 grants to qualified individuals. The organization's activities are centered around need-based financial assistance, aiming to bridge the financial gap for local students seeking higher education beyond the secondary level.


Official website here: www.brsaf.org

Is Boothbay Region Student Aid Fund In legitimate?

Boothbay Region Student Aid Fund In is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boothbay Region Student Aid Fund In submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,001

For more financial information, click here


Official website here: www.brsaf.org

What is the mission statement of Boothbay Region Student Aid Fund In?

The Boothbay Region Student Aid Fund's mission is to offer need-based financial assistance to graduates of Boothbay Region High School who wish to pursue education beyond the secondary level. The organization's primary goal is to help students overcome financial barriers and access higher education. During the year, they granted financial aid to 71 such students, demonstrating their commitment to this mission. The fund aims to empower these students, providing them with the opportunity to further their education and potentially shape their futures.


Official website here: www.brsaf.org

Who is the CEO of Boothbay Region Student Aid Fund In?

Teresa Koster is the President of Boothbay Region Student Aid Fund In.


Official website here: www.brsaf.org

What is the revenue of Boothbay Region Student Aid Fund In?

Boothbay Region Student Aid Fund In's revenue in 2022 was $2,669,575.


Official website here: www.brsaf.org

Who are the executives of Boothbay Region Student Aid Fund In and what are their salaries?

Here are 14 key members and their salaries:

    Kim Byrd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Corbin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Corbin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Drapeau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Goldenberg (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracey Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hildy Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wendy Johnson (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicci Kimball (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maureen Kinsey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa Koster (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Desiree Scorcia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Sherman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Tess (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.brsaf.org

    Where can I find the form 990 for Boothbay Region Student Aid Fund In?

    The Boothbay Region Student Aid Fund In’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.brsaf.org

    Learn more at the official website: www.brsaf.org

    Mission Statement of Boothbay Region Student Aid Fund In

    Boothbay Region Student Aid Fund In is an organization committed to providing need-based financial assistance to graduates of Boothbay Region High School who are pursuing education beyond the secondary level. Its mission is to bridge the financial gap for these individuals, enabling them to further their education and build a brighter future. During a given year, the organization awards grants to qualified applicants, totaling 71 in the example provided. These grants serve as a vital lifeline for students who may otherwise be unable to afford higher education due to insufficient financial resources. By offering this support, Boothbay Region Student Aid Fund In plays a crucial role in empowering the next generation and contributing to their long-term success.

    Impact

    This information is meant to be a general summary of Boothbay Region Student Aid Fund In. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Boothbay Region Student Aid Fund In has a significant impact on the lives of Boothbay Region High School graduates by providing much-needed financial assistance for post-secondary education. This support enables these students to pursue higher education opportunities that may have been otherwise out of reach due to financial constraints. With 71 grants awarded during the year, the organization plays a crucial role in supporting the educational aspirations of these students, ultimately helping them achieve their academic goals and pursue promising futures.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $100,943
  • Program Service Revenue: $0
  • Gross Receipts: $2,669,575

    • Assets and Liabilities:
  • Total Assets: $8,673,590
  • Total Liabilities: $0
  • Net Assets: $8,673,590
  • Organization Details

    Founding Year

    1964

    Principal Officer

    Teresa Koster

    Main Address

    PO BOX 293, BOOTHBAY HARBOR, ME, 04538

    NTEE Category

    Code: B82Z - Education

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