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Penquis Cap Inc

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

EIN: 016023748 ✦ Bangor, ME ✦ Designated as a 501(c)(3)

Overview

What is Penquis Cap Inc?

Penquis Cap Inc, based in Bangor, Maine, is a nonprofit organization dedicated to administering health, housing, and social service programs. With a team of 740 employees, they primarily focus on assisting low to moderate income households in Penobscot, Piscataquis, and Knox counties. Their largest programs revolve around fuel assistance and home weatherization. Beyond these services, they also offer inspections for homes, lead removal, and community service block grant administration. Their mission is to help individuals in poverty work towards self-sufficiency and mobilize resources to sustain these efforts. Penquis Cap Inc aims to keep homes safe and healthy while preventing, reducing, or eliminating poverty in the community.


Official website here: www.penquis.org

Is Penquis Cap Inc legitimate?

Penquis Cap Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Penquis Cap Inc 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: $552,792
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,786,723

For more financial information, click here


Official website here: www.penquis.org

What is the mission statement of Penquis Cap Inc?

Penquis Cap Inc is dedicated to enhancing the lives of individuals and families by addressing poverty and economic and social needs. Through direct services and community partnerships, the organization aims to help people become self-sufficient. Their mission is to prevent, reduce, and eliminate poverty, providing assistance in various areas including housing and energy services. These programs primarily focus on low to moderate income households, offering fuel assistance, weatherization, and home inspections to maintain safe and healthy living conditions. Their ultimate goal is to keep people in their homes and improve their overall quality of life.


Official website here: www.penquis.org

Who is the CEO of Penquis Cap Inc?

Kara Hay is the Chief Executive Officer of Penquis Cap Inc. The CEO's salary of Penquis Cap Inc is $199,385 and their total compensation is $226,679.


Official website here: www.penquis.org

What is the revenue of Penquis Cap Inc?

Penquis Cap Inc's revenue in 2022 was $95,667,041.


Official website here: www.penquis.org

Who are the executives of Penquis Cap Inc and what are their salaries?

The average compensation at Penquis Cap Inc during 2022 was $32,891. There are 740 employees and 437 volunteers at Penquis Cap Inc.

Here are 27 key members and their salaries (Penquis Cap Inc's CEO's salary is $199,385 and their total compensation is $226,679):

    Kara Hay (Chief Executive Officer)
  • Compensation: $199,385
  • Related: $0
  • Other: $27,294

    • Denice Conary (Chief Financial Officer)
  • Compensation: $158,758
  • Related: $0
  • Other: $21,719

    • Janeen Feero (Development Director)
  • Compensation: $128,641
  • Related: $0
  • Other: $31,786

    • Heidi Lablanc (Chief Operating Officer)
  • Compensation: $137,663
  • Related: $0
  • Other: $7,973

    • Jennifer Giosia (Director - Hes)
  • Compensation: $124,301
  • Related: $0
  • Other: $15,782

    • Steven Richard (Director - Transporation)
  • Compensation: $112,813
  • Related: $0
  • Other: $21,485

    • Jason Bird (Director - Hd)
  • Compensation: $106,277
  • Related: $0
  • Other: $17,352

    • Tamar Mathieu (Director - Fes)
  • Compensation: $104,328
  • Related: $0
  • Other: $17,512

    • Mark Leonard (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Sanborn (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Connie Putnam (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angela Fileccia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brent Folster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia Gardner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Gregory (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Leonard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Sue Mcgill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Mellits (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Phillips-Workman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Prybylo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Romprey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Dubay (Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judith Alexander (Past Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anette Moulton (Past Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Young (Past Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.penquis.org

    Where can I find the form 990 for Penquis Cap Inc?

    The Penquis Cap Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.penquis.org

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

    Mission Statement of Penquis Cap Inc

    Penquis Cap Inc, a nonprofit organization, is dedicated to improving the lives of citizens in Maine counties, including Penobscot, Piscataquis, and Knox, by administering health, housing, and social service programs. The mission of Penquis Cap Inc is to assist individuals and families in eradicating poverty and engaging the community in addressing economic and social needs.

    Through direct services, Penquis Cap Inc creates opportunities for individuals living in poverty to become self-sufficient. The organization's largest programs focus on housing and energy services, providing assistance to mostly low-to-moderate income households. Fuel assistance and weatherization are key components of these services, ensuring that families can keep their homes safe and healthy. Home, lead, and other inspections are offered to homeowners, and Penquis Cap Inc collaborates with communities to administer community service block grants. The ultimate goal is to help keep people in their homes.

    Penquis Cap Inc's commitment to poverty reduction extends beyond its programs, as the organization actively identifies and mobilizes public and private resources to sustain its efforts. By partnering with various entities, Penquis Cap Inc aims to create a lasting impact on the lives of those it serves.

    Impact

    This information is meant to be a general summary of Penquis Cap Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Penquis Cap Inc is making a significant impact in the lives of citizens in Penobscot, Piscataquis, Knox, and other Maine counties. This organization administers health, housing, and social service programs that aim to improve the well-being of individuals and families in need. By providing direct services and creating opportunities for those living in poverty to work towards self-sufficiency, Penquis Cap Inc is actively addressing the challenges faced by vulnerable communities.

    In particular, the Housing & Energy Services department plays a crucial role in assisting low to moderate-income households by providing fuel assistance, weatherization, home inspections, and lead inspection services. By focusing on keeping people in safe and healthy homes, Penquis Cap Inc is ensuring that residents have access to essential resources to improve their quality of life.

    Through their mission to prevent, reduce, or eliminate poverty in the lives of individuals and families, Penquis Cap Inc collaborates with public and private partners to address economic and social needs in the community. By offering a range of human services and mobilizing resources effectively, this organization is making a tangible difference in the lives of those they serve.





    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: $533,036
  • Program Service Revenue: $36,939,802
  • Gross Receipts: $95,685,443

    • Assets and Liabilities:
  • Total Assets: $47,696,399
  • Total Liabilities: $14,213,535
  • Net Assets: $33,482,864
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Transportation Services

    Revenue

    $24,915,972

    Charlotte White Support Services

    Revenue

    $8,471,703

    Family Enrichment Services

    Revenue

    $1,463,510

    Child Development Services

    Revenue

    $1,319,648

    Other Revenue

    Revenue

    $768,969

    Organization Details

    Founding Year

    1967

    Principal Officer

    Kara Hay

    Main Address

    PO Box 1162, Bangor, ME, 044021162

    NTEE Category

    Code: P20 - Human services

    If you are a representative of Penquis Cap Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.