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Preachers Aid Society of New England

Public charity
DBA: % CONTROLLER
Other · WELLS, ME · EIN 04-6037997

About

Preachers' Aid Society of New England endeavors to remain faithful to our core commitment to improve the quality of life among our United Methodist clergy, especially those who have retired from ministry and their surviving spouses. Through our strong financial support for retiree health care, training in personal financial management, spiritual life retreats and direct services to clergy families in need, we utilize the endowment of our Society to help generations of families enjoy a rich and full life in Christian ministry.

In care of Controller

Donations are tax-deductible
Category
Other
Employees
13
Volunteers
15

Financial Snapshot

FY ending 2024-12-31
Revenue
$2.7M
Expenses
$2.7M
Assets
$53.2M
Liabilities
$70K

Financial history

$4.9M$2.5M$0
161718192021222324
RevenueExpenses
Latest FY2024: $2.7M · Peak FY2018: $4.9M · Avg: $2.8M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$632K
PREACHERS AID SOCIETY OF NEW ENGLAND
Your actions

Address

51 Charles Wesley CT
Wells, ME, 04090-518

Governance

Voting board members15
Independent members15
Conflict-of-interest policyYes
Whistleblower policyNo
Doc-retention policyNo
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %65.9%
Permanent endowment %33.8%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
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