Clyde Russell Scholarship Fund

Augusta, ME
Tax-exempt since Sept. 1984
EIN: 22-2535972

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$55.6k (2024)

Expenses

$50.5k (2024)

Total Assets

$1.21M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Aug.
2024

Revenue

$55,644

Expenses

$50,547

Net Income

$5,097

Net Assets

$1,213,111

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$27,376	49.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$28,268	50.8%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,490	6.9%

Assets/Debt
Total Assets	$1,213,111
Total Liabilities	$0
Net Assets	$1,213,111

Compensation

Key Employees and Officers	Compensation	Related	Other
Rachelle Bristol (Vice Chair)	$0	$198,859	$83,192
Tammy Simpson (Secretary To The Trustee)	$0	$158,773	$86,321
Grace Leavitt (Chair (Thru 07/24))	$0	$139,354	$44,379
Jesse Hargrove (Chair)	$0	$15,491	$0
Janice Murphy (Trustee (Thru 07/24))	$0	$3,091	$0
Tom Walsh (Trustee)	$0	$3,091	$0
Rebecca Millett (Trustee)	$0	$0	$0

+ View more people

990

Filed on June 9, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Aug.
2023

Revenue

$60,318

Expenses

$54,199

Net Income

$6,119

Net Assets

$1,110,601

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$24,275	40.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$36,043	59.8%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,368	4.4%

Assets/Debt
Total Assets	$1,110,601
Total Liabilities	$0
Net Assets	$1,110,601

Compensation

Key Employees and Officers	Compensation	Related	Other
Grace Leavitt (Chair)	$0	$137,081	$43,103
Rachelle Bristol (Vice Chair)	$0	$182,423	$85,299
Janice Murphy (Trustee)	$0	$3,021	$0
Rebecca Millett (Trustee)	$0	$0	$0
Tom Walsh (Trustee)	$0	$3,021	$0
Tammy Simpson (Secretary To The Trustees)	$0	$143,985	$82,517

+ View more people

990

Filed on June 13, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Aug.
2022

Revenue

$70,957

Expenses

$60,642

Net Income

$10,315

Net Assets

$1,081,475

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$19,623	27.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$51,334	72.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,069	5.1%

Assets/Debt
Total Assets	$1,081,475
Total Liabilities	$0
Net Assets	$1,081,475

Compensation

Key Employees and Officers	Compensation	Related	Other
Grace Leavitt (Chair)	$0	$138,535	$42,613
Rachelle Bristol (Vice Chair)	$0	$183,125	$93,558
Janice Murphy (Trustee)	$0	$2,944	$0
Rebecca Millett (Trustee)	$0	$0	$0
Tom Walsh (Trustee)	$0	$2,944	$0
Tammy Simpson (Secretary To The Trustees)	$0	$140,995	$78,190

+ View more people

990

Filed on April 28, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Aug.
2021

Revenue

$49,038

Expenses

$45,667

Net Income

$3,371

Net Assets

$1,265,464

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$18,709	38.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$30,329	61.8%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,192	7.0%

Assets/Debt
Total Assets	$1,265,464
Total Liabilities	$0
Net Assets	$1,265,464

Compensation

Key Employees and Officers	Compensation	Related	Other
Grace Leavitt (Chair)	$0	$127,111	$42,303
Robert Walker (Past Vice Chair)	$0	$64,685	$3,146
Rachelle Johnson (Vice Chair)	$0	$18,173	$0
Amanda Cooper (Past Trustee)	$0	$1,419	$0
Janice Murphy (Trustee)	$0	$2,873	$0
Rebecca Millett (Trustee)	$0	$0	$0
Tom Walsh (Trustee)	$0	$1,454	$0
Tammy Simpson (Secretary To The Trustees)	$0	$131,269	$77,189
Paula Voelker (Former Vice Chair)	$0	$120,146	$71,016

+ View more people

990

Filed on Jan. 14, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Aug.
2020

Revenue

$31,787

Expenses

$48,653

Net Income

-$16,866

Net Assets

$1,040,655

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$20,962	65.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$10,825	34.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,825	5.8%

Assets/Debt
Total Assets	$1,040,655
Total Liabilities	$0
Net Assets	$1,040,655

Compensation

Key Employees and Officers	Compensation	Related	Other
Grace Leavitt (Chair)	$0	$128,921	$40,800
Robert Walker (Vice Chair)	$0	$67,309	$8,588
Janice Murphy (Trustee)	$0	$2,823	$0
Rebecca Millett (Trustee)	$0	$0	$0
Amanda Cooper (Trustee)	$0	$2,823	$0
Paula Voelker (Past Vice Chair)	$0	$149,823	$81,692
Tammy Simpson (Secretary To The Trustees)	$0	$126,495	$77,347

+ View more people

990

Filed on Jan. 14, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2019

Revenue

$42,917

Expenses

$52,251

Net Income

-$9,334

Net Assets

$1,037,190

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$23,099	53.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$19,818	46.2%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,214	8.1%

Assets/Debt
Total Assets	$1,037,190
Total Liabilities	$0
Net Assets	$1,037,190

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert Walker (Past Vice Chair)	$0	$157,215	$70,936
Paula Voelker (Vice Chair)	$0	$0	$0
Grace Leavitt (Chair)	$0	$63,546	$13,523
Janice Murphy (Trustee)	$0	$1,404	$0
Rebecca Millett (Trustee)	$0	$0	$0
Amanda Cooper (Trustee)	$0	$2,801	$0
Tammy Simpson (Secretary To The Trustees)	$0	$103,071	$63,526
Ian Deming (Former Secretary To The Trustees)	$0	$188,928	$69,763
Lois Kilby Chesley (Former Chair)	$0	$112,621	$5,891

+ View more people

990

Filed on Jan. 15, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2018

Revenue

$47,899

Expenses

$56,138

Net Income

-$8,239

Net Assets

$1,045,858

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$20,417	42.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$27,482	57.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,349	6.0%

Assets/Debt
Total Assets	$1,045,858
Total Liabilities	$0
Net Assets	$1,045,858

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert Walker (Vice Chair)	$0	$153,979	$70,278
Grace Leavitt (Chair)	$0	$13,831	$0
Janice Murphy (Trustee)	$0	$0	$0
Rebecca Millett (Trustee)	$0	$0	$0
Amanda Cooper (Trustee)	$0	$2,760	$0
Lois Kilby Chesley (Past Chair)	$0	$132,142	$7,306
Denise Simoneau (Past Trustee)	$0	$6,916	$0
Ian Deming (Secretary To The Trustees)	$0	$129,018	$82,496

+ View more people

990

Filed on June 12, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2017

Revenue

$50,792

Expenses

$32,568

Net Income

$18,224

Net Assets

$1,001,106

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$19,426	38.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$31,366	61.8%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,962	9.1%

Assets/Debt
Total Assets	$1,001,106
Total Liabilities	$0
Net Assets	$1,001,106

Compensation

Key Employees and Officers	Compensation	Related	Other
Lois Kilby Chesley (Chair)	$0	$126,659	$20,257
Rob Walker (Vice Chair)	$0	$152,251	$74,729
Grace Leavitt (Trustee)	$0	$13,404	$0
Don Head (Past Trustee)	$0	$0	$0
Denise Simoneau (Trustee)	$0	$6,702	$0
Ian Deming (Secretary To The Trustees)	$0	$126,429	$75,326

+ View more people

990

Filed on Feb. 26, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Aug.
2016

Revenue

$35,428

Expenses

$44,117

Net Income

-$8,689

Net Assets

$947,719

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$18,558	52.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$16,870	47.6%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,205	7.3%

Assets/Debt
Total Assets	$947,719
Total Liabilities	$0
Net Assets	$947,719

Compensation

Key Employees and Officers	Compensation	Related	Other
Lois Kilby Chesley (Chair)	$0	$125,533	$24,920
Rob Walker (Vice Chair)	$0	$151,156	$62,513
Grace Leavitt (Trustee)	$0	$13,078	$0
Don Head (Trustee)	$0	$0	$0
Denise Simoneau (Trustee)	$0	$6,539	$0
Robin Colby (Past Trustee)	$0	$2,684	$0
Ian Deming (Secretary To The Trustees)	$0	$124,895	$74,166

+ View more people

990

Filed on March 9, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2015

Revenue

$60,680

Expenses

$44,705

Net Income

$15,975

Net Assets

$907,611

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$20,018	33.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$40,662	67.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,086	6.9%

Assets/Debt
Total Assets	$907,611
Total Liabilities	$0
Net Assets	$907,611

Compensation

Key Employees and Officers	Compensation	Related	Other
Lois Kilby Chesley (Trustee)	$0	$125,687	$29,029
Rob Walker (Trustee)	$0	$148,673	$61,409
Robin Colby (Trustee)	$0	$2,463	$0
Grace Leavitt (Trustee)	$0	$12,879	$0
Don Head (Trustee)	$0	$0	$0
Ian Deming (Secretary To The Trustees)	$0	$121,058	$71,320

+ View more people

990

Filed on Jan. 14, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2014

Revenue

$49,416

Expenses

$39,312

Net Income

$10,104

Net Assets

$983,165

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$19,226	38.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$30,190	61.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,982	10.1%

Assets/Debt
Total Assets	$983,165
Total Liabilities	$0
Net Assets	$983,165

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2013

Revenue

$34,844

Expenses

$50,539

Net Income

-$15,695

Net Assets

$889,409

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$20,784	59.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$14,060	40.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,649	13.2%

Assets/Debt
Total Assets	$889,409
Total Liabilities	$0
Net Assets	$889,409

990

Filed on March 12, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2012

Revenue

$29,083

Expenses

$50,414

Net Income

-$21,331

Net Assets

$830,512

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$21,103	72.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$7,980	27.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$8,805	17.5%

Assets/Debt
Total Assets	$838,048
Total Liabilities	$7,536
Net Assets	$830,512

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2011

Revenue

$22,093

Expenses

$58,907

Net Income

-$36,814

Net Assets

$828,590

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$21,415	96.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$678	3.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,926	13.5%

Assets/Debt
Total Assets	$828,590
Total Liabilities	$0
Net Assets	$828,590

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 22, 2025

Clyde Russell Scholarship Fund

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $55.6k (2024)

Expenses $50.5k (2024)

Total Assets $1.21M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Aug. 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Aug. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Aug. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Aug. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Aug. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Aug. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Aug. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Aug. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Aug. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Aug. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Aug. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Aug. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Aug. 2012

Revenue

$55.6k (2024)

Expenses

$50.5k (2024)

Total Assets

$1.21M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Aug.
2024

Fiscal Year Ending Aug.
2023

Fiscal Year Ending Aug.
2022

Fiscal Year Ending Aug.
2021

Fiscal Year Ending Aug.
2020

Fiscal Year Ending Aug.
2019

Fiscal Year Ending Aug.
2018

Fiscal Year Ending Aug.
2017

Fiscal Year Ending Aug.
2016

Fiscal Year Ending Aug.
2015

Fiscal Year Ending Aug.
2014

Fiscal Year Ending Aug.
2013

Fiscal Year Ending Aug.
2012

Fiscal Year Ending Aug.
2011

Fiscal Year Ending Aug.
2010

Fiscal Year Ending Aug.
2009

Fiscal Year Ending Aug.
2008

Fiscal Year Ending Aug.
2007

Fiscal Year Ending Aug.
2006

Fiscal Year Ending Aug.
2005

Fiscal Year Ending Aug.
2004

Fiscal Year Ending Aug.
2003

Fiscal Year Ending Aug.
2002