philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Chebeague Transportation Co FY2022 filing

Tax-deductible

Chebeague Is, ME501(c)(3)Since 2014Public & Societal BenefitEIN 01-0318796Revenue $1.3M in FY2022

On file with the IRSctcferry.org16 North Rd, 04017-3118 · Chebeague Is, METax-exempt since Jun 2014Publicly supported — 509(a)(2)

This page gets seen. Tell your story. Claim this org.

To provide reliable and safe Transportation to Chebeague island, me.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
$99K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $29K a year · 2% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$99K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.3M
56% of total assets
Fine: liabilities are 56% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
-17% vs prior year
Spent
$1.5M
To programs
78%
Net assets
$1.0M
By yearFY2020–FY2025
Revenue
$1.3M
FY2022▼ -17%
Tap a bar for its year
Revenue by fiscal year
FY2020$860K
FY2021$1.6M
FY2022$1.3M
FY2023$1.8M
FY2024$1.7M
FY2025$1.9M
Expenses
$1.5M
FY2022▲ +18%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.2M
FY2021$1.3M
FY2022$1.5M
FY2023$1.5M
FY2024$1.7M
FY2025$1.8M
Net assets
$1.0M
FY2022▼ -15%
Tap a bar for its year
Net assets by fiscal year
FY2020$879K
FY2021$1.2M
FY2022$1.0M
FY2023$1.3M
FY2024$1.3M
FY2025$1.4M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $1.2M Management & general 22% · $331K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

9 people listed on the 990; $99K paid to officers and key staff.

Part VII, Section A · reportable compensation
Matthew Ridgway
Executive Director/Gm
$98,890Pt VII · Sec A
John Birkett
Treasurer
$0Pt VII · Sec A
Kendra McKinnon
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
John Rent
President
$0Pt VII · Sec A
Regina Ross
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Matthew Ridgway’s $108K as Executive Director is at the 26th percentile of top reported officer pay among 731 $1–10M public & societal benefit nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Matthew Ridgway$107,628$104,042$97,046$98,890$92,183$99,307

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Chebeague Transportation Co executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Connects Chebeague Island with safe and dependable ferry service.

Questions for Chebeague Transportation Co

Tap to ask. Chebeague Transportation Co sees how many people are interested.

Your first name shows with your question. Chebeague Transportation Co answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $1.2M · in their own filed words · FY2022
01

To provide parking facilities on the mainland for the citizens of chebeague island.

$513Kprogram expense
02

To provide ferry services to residents and school children from chebeague island.

$478Kprogram expense
03

To provide barging services for vehicles between chebeague island and yarmouth (cousins island).

$175Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2020
The Greater Cincinnati FoundationFY2020$10K
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$1.3M
Ln 12
Fees for servicesLn 2g$1.3M
Gifts and grantsLn 1h$8K
Investment incomeLn 3$1K
Money outPt IX
$1.5M
Ln 25
Programscol B$1.2M
Managementcol C$331K
Owns and owesPt X
$1.0M
net assets · Ln 32
Cash and savingsLn 1–2$766K
Total assetsLn 16$2.3M
LiabilitiesLn 26$1.3M
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8K
Fees for servicesLn 2g$1.3M
Investment incomeLn 3$1K
Other incomeLn 4–11$805
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$565K
SavingsLn 2$201K
Cash and savings togetherLn 1–2$766K
Land, buildings, equipmentLn 10c$1.5M
Total assetsLn 16$2.3M
LiabilitiesLn 26$1.3M
Net assetsLn 32$1.0M
OperationsPt I, VI
EmployeesI 535
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.0M$766K
Land, buildings, equipmentLn 10c$1.4M$1.5M
Total assetsLn 16$2.5M$2.3M
LiabilitiesLn 26$1.3M$1.3M
Net assetsLn 32$1.2M$1.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$103K$79K$25K
Other salaries and wagesLn 7$656K$502K$154K
Other employee benefitsLn 9$33K$20K$13K
Payroll taxesLn 10$61K$26K$35K
Accounting feesLn 11c$8K$8K
Other fees for servicesLn 11g$2K$2K$35
Office expensesLn 13$25K$12K$13K
OccupancyLn 16$25K$22K$3K
TravelLn 17$2K$529$2K
InterestLn 20$44K$36K$8K
Depreciation, depletion and amortizationLn 22$128K$111K$17K
InsuranceLn 23$75K$61K$14K
Other expenses (24a–d)Ln 24$312K$287K$25K
All other expensesLn 24e$23K$9K$14K
Total functional expensesLn 25$1.5M$1.2M$331K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.9M$1.8M$96K$1.4M 990 PDF
FY2024 $1.7M$1.7M$16K$1.3M 990 PDF
FY2023 $1.8M$1.5M$303K$1.3M 990 PDF
FY2022 Viewing $1.3M$1.5M−$184K$1.0M 990 PDF
FY2021 $1.6M$1.3M$319K$1.2M 990 PDF
FY2020 $860K$1.2M−$374K$879K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $1,313,826 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $345,625$8,200
I-9 Program service revenuePrior year $1,238,743$1,303,407
I-10 Investment incomePrior year $1,212$1,414
I-11 Other revenuePrior year $964$805
I-12 Total revenuePrior year $1,586,544$1,313,826
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $720,319$852,851
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $547,289$645,388
I-18 Total expensesPrior year $1,267,608$1,498,239
I-19 Revenue less expensesPrior year $318,936−$184,413
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,313,826 across 6 lines filed
VIII-1f All other contributions, gifts and grants$8,200
VIII-1h Total contributions, gifts and grants$8,200
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,303,407$1,303,407
VIII-3 Investment incomeExcluded from tax $1,414$1,414
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $805$805
VIII-12 Total revenueRelated to mission $1,304,212 · Unrelated business $0 · Excluded from tax $1,414$1,313,826
Part IX · Statement of functional expenses $1,498,239 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $78,576 · Management $24,814$103,390
IX-7 Other salaries and wagesPrograms $501,629 · Management $153,947$655,576
IX-9 Other employee benefitsPrograms $19,674 · Management $13,379$33,053
IX-10 Payroll taxesPrograms $25,771 · Management $35,061$60,832
IX-11c Accounting feesManagement $8,500$8,500
IX-11g Other fees for servicesPrograms $1,802 · Management $35$1,837
IX-13 Office expensesPrograms $11,835 · Management $12,901$24,736
IX-16 OccupancyPrograms $21,834 · Management $3,474$25,308
IX-17 TravelPrograms $529 · Management $1,867$2,396
IX-20 InterestPrograms $36,095 · Management $7,629$43,724
IX-22 Depreciation, depletion and amortizationPrograms $110,962 · Management $17,470$128,432
IX-23 InsurancePrograms $61,355 · Management $13,949$75,304
IX-24 Other expenses (24a–d)Programs $287,324 · Management $24,887$312,211
IX-24e All other expensesPrograms $9,417 · Management $13,523$22,940
IX-25 Total functional expensesPrograms $1,166,803 · Management $331,436 · Fundraising $0$1,498,239
Part X · Balance sheet $2,328,859 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $846,630$565,146
X-2 Savings and temporary cash investmentsStart of year $199,899$200,837
X-4 Accounts receivableStart of year $18,662$64,615
X-8 Inventories for sale or useStart of year $4,954$7,214
X-9 Prepaid expenses and deferred chargesStart of year $35,718$32,115
X-10c Land, buildings and equipment, netStart of year $1,431,068$1,451,961
X-14 Intangible assetsStart of year $7,409$6,971
X-16 Total assetsStart of year $2,544,340$2,328,859
X-17 Accounts payable and accrued expensesStart of year $70,644$66,708
X-19 Deferred revenueStart of year $208,020$227,529
X-26 Total liabilitiesStart of year $1,346,345$1,315,277
X-27 Net assets without donor restrictionsStart of year $1,197,995$1,013,582
X-32 Total net assets or fund balancesStart of year $1,197,995$1,013,582
X-33 Total liabilities and net assetsStart of year $2,544,340$2,328,859
Part XI · Reconciliation of net assets $1,013,582 net assets at year end
XI-1 Total revenue$1,313,826
XI-2 Total expenses$1,498,239
XI-3 Revenue less expenses−$184,413
XI-4 Net assets at start of year$1,197,995
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,013,582

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.