Mainestream Finance

Community development organization based in Bangor, ME.0 Exempt under §501(c)(3).

MissionTO PROMOTE COMMUNITY DEVELOPMENT AND PERFORM ALL FUNCTIONS PERMITTED AS COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION, PRIMARILY THROUGH FINANCING ACTIVITIES, SERVING THE LOW INCOME TARGETED POPULATION OF THE STATE OF MAINE.

EIN
01-0539222
State
ME
Sector
Community development
Budget band
$1M–$2.5M
Latest filing
TY 2020
Records
1 officers · 2 years

Financial snapshot · TY 2020

$1.6M
Total revenue
$702K
Total expenses
$6.9M
Net assets

Financial health · TY 2023

82
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
18.6 months of expenses
Program efficiency
67
77% spent on programs
Revenue diversity
76
Mix of program fees, grants & contributions

Leadership compensation

Christopher Linder
Past Chief Executive Officer
$135,170
64th percentile vs. peers

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Mainestream Finance Executive Compensation | 990 Data | DoubleNine