2026-09-03T09:17:24-05:00 2025-12-31 851599289 Valentino Reich and Associates LLC 2 Corporate Drive Shelton CT 06484 990 2025-01-01 923794520 Peaks Island Fund Inc PEAK 6175955434 PO Box 141 Peaks Island ME 04108 Richard Amster Treasurer 2023522083 2026-08-26 1 Diane S Valentino CPA P01465652 2032992796 2026-08-26 2025 Richard Amster 105 New Island Avenue Peaks Island ME 04108 238994 0 X www.peaksilandfund.org X 2023 ME The Organization provides funding and support for IRC Section 501 (c) (3) Organizations operating on Peaks Island, Maine 15 15 0 20 0 0 104016 152385 0 0 34717 86609 0 0 138733 238994 93630 104045 0 0 12000 12000 0 0 0 38081 33201 143711 149246 -4978 89748 1209217 1379252 0 0 1209217 1379252 X The activity of the organization is to provide funding and support for IRC Section 501 (c) (3) organizations operating on Peaks Island, Maine 0 0 10000 The organizations support of the Peaks Island Newspaper lead to the creation of the Newspaper in 2023 with a Grant of 10,000.00 this initial Grant allowed a trial version of the paper to be published. In 2024 and 2025 with continuing support the newspaper is able to expand to a monthly publication which is now mailed to every household on the island 10000 The Peaks Island Childrens workshop has been nuturing the children of peaks for more than 50 years. The workshop is critical in making the island viable to young families. The organization has supported the workshop with a full grant of $10,000 per year providing critically needed support 10000 The Fifth Maine Regiment Museum is a vital part of the island and is important for both its history and its community gathering space. The organization has supported the Museum by helping with critical infrastructure to ensure that the museum remains a major attaction for island visitors and residents alike. 105857 74045 86609 The Activity of the Organization is to provide funding and support for IRC Section 501 (c) (3) organizations operating on Peaks Island Maine. The organization raised $ 152,385 from donations. Consistent with Fiduciary principles, the Organization made available 4% of the fund for grant making purposes. The Organization incurred expenses of $149546 including payment of grants of $104,045. These Grants were made to 13 different island organizations. 105857 74045 86609 105857 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 ME X Perry Sutherland 2077665809 51 Sargent Road Peaks Island ME 04108 Vanessa Sylvester Trustee 2.00 X X 0 0 0 Perry Sutherland Executive Director/Secretary 10.00 X X 12000 0 0 Daniel Goodman Vice President 2.00 X X 0 0 0 Rich Amster Treasurer 2.00 X 0 0 0 Owen Sanderson President 2.00 X X 0 0 0 Robert Harville Trustee 2.00 X 0 0 0 Rachel Conly Trustee 2.00 X 0 0 0 Bryn Roberts Trustee 2.00 X 0 0 0 Anne Coughlin Trustee 2.00 X 0 0 0 Fred Fahey Trustee 2.00 X 0 0 0 Suzanne Fox Trustee 2.00 X 0 0 0 Doug Lavanture Trustee 2.00 X 0 0 0 Jean Raymond Trustee 2.00 X 0 0 0 Laura Reading Trustee 2.00 X 0 0 0 Cate Stevenson Trustee 2.00 X 0 0 0 MIchele Winchester Trustee 2.00 X 0 0 0 12000 0 0 0 0 0 0 0 152385 152385 4269 4269 82340 0 82340 82340 82340 238994 86609 0 0 104045 104045 12000 12000 1467 1467 16003 16003 6325 6325 331 331 8730 8730 Office Supplies 187 187 Postage 158 158 149246 105857 43389 0 99175 165312 1110042 1213940 1209217 1379252 0 0 X 1209217 1379252 1209217 1379252 1209217 1379252 89748 80287 0 X 0 0 0 X 4775 89986 152385 247146 4775 89986 152385 247146 0 0 0 247146 4775 89986 152385 247146 X Part III, Short Year Explanation: The first year of filing, 2023 was a short year as the organization began filing as of March 21, 2023. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 Peaks Island Tax and Energy Assistance PO Box 126 Peaks Island ME 04108 050624507 7411 0 To plan, coordinate and assist in funding professional home energy audits for Peaks Island properties. Peaks Island News PO Box 26 Peaks Island ME 04108 931431811 10000 0 To help the News reach an operating level that nears the goal of self-sufficiency. Peaks Island Elementary School 4 Church Ave Peaks Island ME 04108 043374427 14200 0 To fun an initiative called "Island as Classroom" which will enhance the academic curriculum at the school. Peaks Island Children's Workshop PO Box 80 Peaks Island ME 04108 010482767 10000 0 Support for operations as it strives to keep rates reasonable for families on Peaks Island. Illustration Institute 2 Union Street Portland ME 04101 812886744 10000 0 For free public programming celebrating illustration which will benefit Peaks Island residents. Fifth Maine Regiment Museum PO Box 41 Peaks Island ME 04108 010357895 10000 0 Development and implementation of a new self-guided tour. Creative Portland 8000 0 Supporting the Peaks Island Musician in Residence program. Peaks Environmental Action Team 7884 0 Purchase and installation of comprehensive fitness system at Trott Little John Park. New England Arab American Organization 10000 0 Support families on Peaks Island who have opened their homes to unaccompanied African youth. Form 990, Part VI, Section B, line 11b Form 990 is presented to the board after review by the finance committee. Form 990, Part VI, Section B, line 12c At the organization's annual planning meeting, the Conflict of Interest document is collected. Form 990, Part VI, Section B, line 15 The executive director receives a $12,000 stipend which is approved by the board. Form 990, Part VI, Section C, line 19 Requests for documents can be made with the executive director and will be fulfilled by the board and the director as requested.