Nonprofit · EIN 01-6014861
BRUNSWICK AREA STUDENT AID FUND
Tax-exempt · BRUNSWICK, ME 04011
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $750,970 | $605,228 | $145,742 | $8,369,320 | $0 | $8,369,320 |
| June 30, 2024 | 990 | $798,038 | $532,587 | $265,451 | $7,693,258 | $0 | $7,693,258 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $498,086
- Program service revenue
- $0
- Investment income
- $252,884
- Net gain from sales of assets
- $80,079
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $590,635
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,358
- Program services (functional)
- $590,635
- Management and general (functional)
- $14,593
Balance sheet and other
- Total assets, start of year
- $7,693,258
- Total assets, end of year
- $8,369,320
- Total liabilities, end of year
- $0
- Net assets, end of year
- $8,369,320
- Publicly traded securities
- $8,343,218
- Gross receipts
- $1,110,757
- Employees
- 0
- Volunteers
- 19
- Year formed
- 1956
- State of legal domicile
- ME
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARIE WHITNEY | PRESIDENT Trustee or director, Officer | 2 | $0 |
| KAREN TILBOR | VICE-PRESIDENT Trustee or director, Officer | 2 | $0 |
| DAN DOIRON | TREASURER Trustee or director, Officer | 2 | $0 |
| JIM MOULTON | SECRETARY Trustee or director, Officer | 2 | $0 |
| DIANE COOK | DIRECTOR Trustee or director | 1 | $0 |
| JENN BURNS GRAY | DIRECTOR Trustee or director | 1 | $0 |
| G WILLIAM HIGBEE | DIRECTOR Trustee or director | 1 | $0 |
| JOHN F LOYD JR | DIRECTOR Trustee or director | 1 | $0 |
| DONALD KNISELEY | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTY MCALLASTER | DIRECTOR Trustee or director | 1 | $0 |
| RITA MAINES | DIRECTOR Trustee or director | 1 | $0 |
| LINDA MORRIS | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN E O'CONNOR | DIRECTOR Trustee or director | 1 | $0 |
| JAMES PALLESCHI | DIRECTOR Trustee or director | 1 | $0 |
| CURTIS PICARD | DIRECTOR Trustee or director | 1 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTINA RING | DIRECTOR Trustee or director | 1 | $0 |
| DORY STREETT | DIRECTOR Trustee or director | 1 | $0 |
| J OTEY SMITH | DIRECTOR Trustee or director | 1 | $0 |
| MICHELLE M WHITNEY | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARIE WHITNEY | PRESIDENT Trustee or director, Officer | 2 | $0 |
| KAREN TILBOR | VICE-PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAN DOIRON | TREASURER Trustee or director, Officer | 2 | $0 |
| KARA DOUGLAS | DIRECTOR Trustee or director | 1 | $0 |
| JENN BURNS GRAY | DIRECTOR Trustee or director | 1 | $0 |
| G WILLIAM HIGBEE | DIRECTOR Trustee or director | 1 | $0 |
| JOHN F LOYD JR | DIRECTOR Trustee or director | 1 | $0 |
| DONALD KNISELEY | DIRECTOR Trustee or director | 1 | $0 |
| LINDA KREAMER | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTY MCALLASTER | DIRECTOR Trustee or director | 1 | $0 |
| RITA MAINES | DIRECTOR Trustee or director | 1 | $0 |
| MARY MOORE | DIRECTOR Trustee or director | 1 | $0 |
| LINDA MORRIS | DIRECTOR Trustee or director | 1 | $0 |
| JIM MOULTON | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN E O'CONNOR | DIRECTOR Trustee or director | 1 | $0 |
| JAMES PALLESCHI | DIRECTOR Trustee or director | 2 | $0 |
| DORY STREETT | DIRECTOR Trustee or director | 1 | $0 |
| BETSY SCHMIDT | DIRECTOR Trustee or director | 1 | $0 |
| J OTEY SMITH | DIRECTOR Trustee or director | 1 | $0 |
| MICHELLE M WHITNEY | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 867, BRUNSWICK, ME 04011-0867
- In care of
- % J OTEY SMITH
- Principal officer (990 for 2024)
- MARIE WHITNEY, PO BOX 867, BRUNSWICK, ME 040110867
- Signed the 990
- DAN DOIRON, TREASURER
- Phone
- (207) 772-1981
- Website
- WWW.STUDENTAIDFUND.ORG
- Return prepared by
- WIPFLI ADVISORY LLC
Mission
TO AWARD POST-SECONDARY SCHOLARSHIPS TO WORTHY STUDENTS AND TO GIVE SUPPORT TO K-12 STUDENTS WHO MIGHT NEED EYEGLASSES, DENTAL CARE OR CLOTHING TO PARTICIPATE EFFECTIVELY IN SCHOOL.
Program accomplishments
- SCHOLARSHIP AWARDS WERE GRANTED TO 169 STUDENTS TO ASSIST WITH THE COST OF POST-SECONDARY EDUCATION AND TO ENABLE SOME STUDENTS TO PURCHASE COMPUTERS. THE FUND ALSO ASSISTED APPROXIMATELY 16 K-12 STUDENTS WITH OVERCOMING CHALLENGES OF BEING A PRODUCTIVE STUDENT, WHICH INCLUDED ASSISTANCE WITH EYEGLASSES, CLOTHING, DOCTORS, DENTISTS AND OTHER NECESSITIES.Expenses $590,635 · grants $590,635
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 01-6014861
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1983
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B28Z)
- Assets (IRS master file)
- $8,369,320
- Income (IRS master file)
- $1,110,757
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $750,970 | $605,228 | $8,369,320 | XML |
| 990 | June 2024 | $798,038 | $532,587 | $7,693,258 | IRS |
| 990 | June 2023 | $581,509 | $540,320 | $6,833,667 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-6014861).
Questions about BRUNSWICK AREA STUDENT AID FUND
- What is the EIN of BRUNSWICK AREA STUDENT AID FUND?
- The employer identification number (EIN) of BRUNSWICK AREA STUDENT AID FUND is 01-6014861.
- Is BRUNSWICK AREA STUDENT AID FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to BRUNSWICK AREA STUDENT AID FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BRUNSWICK AREA STUDENT AID FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BRUNSWICK AREA STUDENT AID FUND due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BRUNSWICK AREA STUDENT AID FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of BRUNSWICK AREA STUDENT AID FUND?
- The 990 for the year ended June 30, 2025 names MARIE WHITNEY.
- Who are the officers and directors of BRUNSWICK AREA STUDENT AID FUND?
- The 990 for the year ended June 30, 2025 lists 19 people; 0 received compensation from the organization.
- How much revenue does BRUNSWICK AREA STUDENT AID FUND have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $750,970, expenses of $605,228 and total assets of $8,369,320 at year end.
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