Overview

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Est.

2021

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Sea Meadow Marine Foundation is a nonprofit organization focused on preserving Maine's working waterfront through sustainable practices that enhance marine and public health while safeguarding maritime heritage. With an operating budget of $144.9K and total revenue of $1.4M for the 2024 filing year, the foundation primarily supports local communities by leasing access to waterfront spaces for those who rely on the sea for their livelihoods. The organization does not appear to depend on a single funder for 50% or more of its revenue. For more information, visit www.seameadow.org.

Mission Statement

The Sea Meadow Marine Foundation preserves Maine's working waterfront through a collaborative, sustainable approach to regenerate our coast, improve marine and public health, and protect our maritime heritage. Maine's coastal lands are under increasing pressure from real estate developers. Our primary goal is to preserve and maintain affordable access to the working waterfront for individuals and families who make their living from the sea. Our main program is leasing space/access to these groups.
Revenues
$1.4M
Expenses
$146K
Net Income:
+$1.3M
Assets
$2.9M
Liabilities
$1.5M
Net Assets:
+$1.5M
Operating Budget
$144.9K
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
7
Median grant size
$5K
Largest grant received
$25.5K
R
Rebecca Rundquist
Board Member
D
David Dickison
Board Member
C
Chadwick Strater
Board Member

Frequently Asked Questions

What is Sea Meadow Marine Foundation’s budget?
In 2024, Sea Meadow Marine Foundation reported an annual operating budget of around $145 thousand. More detailed financial information is available to registered users.
What causes does Sea Meadow Marine Foundation support?
Sea Meadow Marine Foundation supports work in Water resources.
Where does Sea Meadow Marine Foundation operate?
Sea Meadow Marine Foundation is headquartered in Yarmouth, ME.
Who funded Sea Meadow Marine Foundation recently?
In 2024, Sea Meadow Marine Foundation received grants from Maine Community Foundation Inc, RUBENSTEIN FAMILY TRUST, and Maine Coast Fishermen's Association. More information on this organization’s funders is available to registered users.
What is the largest grant Sea Meadow Marine Foundation received in 2024?
The largest grant to Sea Meadow Marine Foundation in 2024 exceeds $26 thousand.
What is Sea Meadow Marine Foundation’s reliance on government grants?
Sea Meadow Marine Foundation relied on government grants for more than 55% of their total revenue in 2024.