Public Charity

PENQUIS CAP INC

PENQUIS CAP INC is a Public Charity headquartered in BANGOR, ME. Financial data from the 2025 filing: $71.2M revenue, $67.6M expenses, $59.3M total assets. 90 publicly reported grants to this organization, totaling roughly $15.8M, appear in IRS filings.

EIN: 016023748 BANGOR, ME Human Service Organizations NTEE: P20 Latest filing: 2025
Total Revenue$71.2M
Total Expenses$67.6M
Total Assets$59.3M
Grant Records90
Funding Total$15.8M
Filing Years2021–2025

Mission

THE MISSION IS TO ASSIST INDIVIDUALS AND FAMILIES IN PREVENTING, REDUCING, OR ELIMINATING POVERTY IN THEIR LIVES, AND, THROUGH PARTNERSHIPS, TO ENGAGE THE COMMUNITY IN ADDRESSING ECONOMIC AND SOCIAL NEEDS.

Where $100 goes at Penquis Cap Inc

How Penquis Cap Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$96 Programs the work itself
$4 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $96 for programs

$45
Transportation services
47% of program spending
$15
Child development services
15% of program spending
$14
The family enrichment services
15% of program spending

Plus 3 more programs. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Amy Sue Mcgill
DIRECTOR Angela Fileccia
DIRECTOR Breanna Stewart
DIRECTOR Brent Folster
SECRETARY Connie Putnam
DIRECTOR Cynthia Gardner

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$10,026,611 10 grants
General Support
$3,569,912 30 grants
Health & Medicine
$686,507 13 grants
Youth Development
$399,432 7 grants
Mental Health & Substance Abuse
$130,350 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $71.2M $67.6M $59.3M
2024 $66.5M $65.7M $52.2M
2023 $73.4M $72.0M $50.0M
2022 $95.7M $93.5M $47.7M
2021 $78.3M $68.7M $52.7M

Between 2021 and 2025, reported annual revenue declined from $78.3M to $71.2M (-9%), with total assets most recently reported at $59.3M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for PENQUIS CAP INC

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