Public Charity

Saddleback Mountain Foundation

Saddleback Mountain Foundation, of Cumberland Foreside, ME, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $7 in revenue, $3K in expenses, $25K in total assets. 5 publicly reported grants to this organization, totaling roughly $800K, appear in IRS filings.

EIN: 820691811 Cumberland Foreside, ME Latest filing: 2025
Total Revenue$7
Total Expenses$3K
Total Assets$25K
Grant Records5
Funding Total$800K
Filing Years2021–2025

Mission

The mission of Saddleback Mountain Foundation is 1) Conserving and protecting Saddleback Mountain in Sandy River Plantation, Franklin County, Maine, an otherwise economically depressed area, through model conservation and economic development programs; 2) Relieving and/or protecting against further community deterioration that the Sandy River Plantation and surrounding areas have experienced related to the closure of Saddleback Mountain; 3) Investing, lending, donating, granting, participating in, or otherwise contributing to partnerships, joint ventures, corporations, other business entities, nonprofits, governments, or quasi-governmental organizations to facilitate re-opening, and therafter the continued operation of Saddleback Mountain; and 4) Developing and/or otherwise contributing to ski programs primarily for the advancement of participation in the sport by youth and/or low to moderate income individuals.

Officers & Directors

Secretary/Treasurer Carol Millhouse
Director John Wasileski
President Wolfe Tone

Officer compensation and complete director data available with membership.

Top Grant Purposes

Parks & Playgrounds
$400,000 1 grant
For grant recipient's exempt purposes
$208,000 2 grants
HUMAN SERVICES
$191,500 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $7 $3K $25K
2024 $2K $3K $28K
2023 $6 $3K $30K
2022 $3 $3K $33K
2021 $31K $10K $36K

Between 2021 and 2025, reported annual revenue declined from $31K to $7 (-100%), with total assets most recently reported at $25K.

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

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