Logo for "Penquis CAP Inc"

Penquis CAP Inc

Penquis CAP Inc

Bangor, ME, US
501(c)(3)
EIN
01-6023748
Women Led
Logo for "Penquis CAP Inc"

Penquis CAP Inc

Bangor, ME, US
501(c)(3)
EIN
01-6023748
Women Led

Overview

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Est.

1967

Fiscal Year Start

Oct 1

Organization Type

Grantseeker
AI Summary
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Penquis CAP Inc is a nonprofit organization focused on community and economic development, education, human services, and health, operating in Penobscot, Piscataquis, Knox, and other counties in Maine. With an operating budget of $51.3 million and total revenue of $66.5 million for the 2024 filing year, the organization aims to improve the lives of citizens by administering health, housing, and social service programs, while also creating opportunities for individuals living in poverty to achieve self-sufficiency. Notably, Penquis CAP Inc does not rely on a single funder for 50% or more of its revenue. For more information, visit their website at www.penquis.org.

Mission Statement

To administer health, housing, and social service programs that will improve the lives of the citizens of Penobscot, Piscataquis, Knox and other Maine counties by providing direct services, creating opportunities for individuals living in poverty to work toward becoming self sufficient, and actively indentifying and mobilizing public and private resources to sustain these efforts.
Revenues

$66.5M

Expenses

$65.7M

Net Income:
+$762.9K
Assets

$52.2M

Liabilities

$11.1M

Net Assets:
+$41.1M
Operating Budget

$51.3M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

17

Median grant size
$10.2K
Largest grant received
$1.4M
M
Mary Prybylo
Board Member
L
Laura Mellits
Board Member
B
Brent Folster
Board Member

Frequently Asked Questions

What is Penquis CAP Inc’s budget?
In 2024, Penquis CAP Inc reported an annual operating budget of around $51.3 million. More detailed financial information is available to registered users.
What causes does Penquis CAP Inc support?
Penquis CAP Inc supports work in Community and economic development, Education, Human services, and Health.
Where does Penquis CAP Inc operate?
Penquis CAP Inc is headquartered in Bangor, ME.
Who funded Penquis CAP Inc recently?
In 2024, Penquis CAP Inc received grants from MAINE CHILDREN'S TRUST, NEIGHBORHOOD REINVESTMENT CORPORATION, and The Opportunity Alliance. More information on this organization’s funders is available to registered users.
What is the largest grant Penquis CAP Inc received in 2024?
The largest grant to Penquis CAP Inc in 2024 exceeds $1.4 million.
What is Penquis CAP Inc’s reliance on government grants?
Penquis CAP Inc relied on government grants for more than 35% of their total revenue in 2024.
Overview
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