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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Mainestream Finance

Mainestream Finance

Fiscal year ending 2016. Filed on August 15, 2017.

PO Box 1162
Bangor, Maine 04402

Mainestream Finance (EIN: 01-0539222) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Mainestream Finance, a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $118,531. The highest compensated employee at Mainestream Finance is Kara Hay with fiscal year 2016 compensation of $145,587.

Revenue, expenses, and employee compensation

Revenue

$753,799

Expenses

$959,199

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kara Hay
President
$145,587
$0 $129,879 $15,708
Denice Conary
Chief Financial Officer
$119,047
$0 $108,039 $11,008
Jayne Giles
Past Chief Executive Officer
$90,959
$0 $77,263 $13,696

Benchmark Employee Compensation

Non-Employee Board Members

Adam Robertson
Board Member
Erin Hustus
Secretary and Board Member
Geneva Libby
Board Member and Vice Chair
John Moore
Former Board Member
Michelle Cobb
Board Chair and Board Member
Susan Hammond
Board Member

Mission Statement

TO 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.

Revisions to this organization profile

August 15, 2025:
2024 Mainestream Finance 990 filed
August 15, 2024:
2023 Mainestream Finance 990 filed
August 14, 2023:
2022 Mainestream Finance 990 filed

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