The Opportunity Alliance

SOUTH PORTLAND, ME EIN: 01-0274725 Website

To build better lives and stronger communities across Maine, The Opportunity Alliance supports people with the programs and resources they need to improve their health, safety, and stability.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$23.9M

-6.6% YoY

Annual Giving

$525K

-1.1% YoY

Grant Count

8

-27.3% YoY

Avg Grant Size

$66K

+36.1% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$23M$47M$70M$93M2021202220232024
Metric202420232022
Total Assets$23,910,412$25,605,234$26,061,913
Revenue$36,544,941$57,557,910$84,718,963
Expenses$37,252,730$57,055,310$84,991,231
Qualifying Distributions
Net Investment Income$100,868$113,663$62,955
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$231K$462K$692K$923K9 grants202110 grants202211 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Wabanaki Health and Well…$98KOut Maine$97KThe Voices Project$82KYellow Tulip Project$73KUniversity of Southern M…$63KPenquis CAP Inc$58KAroostook Mental Health …$35KHealthy Acadia$20K

Grant Size Distribution

38 grants across all recorded years

11<$50K23$50–100K2$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does The Opportunity Alliance fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Joseph R EverettPresident & CEO$193KDawn A OuelletteChief Financial Officer$170KClare LoxterkampMAT Prescriber$152KSarah D MaxwellChief Operating Officer$150KLouise M MarsdenVP of Children & Family Serv…$141KKaren A TurgeonVP of Programs$128KKelli WedgewoodClinical Supervisor$126K

From 2024 filing

NameTitleHoursCompensation
Josh SteirmanBoard Chair3
Elizabeth ConradVice Chair3
Erin DiekemaTreasurer3
Kris SahonchikSecretary3
Rebecca BlochTrustee2
Abusana Micky BondoTrustee1
Anneliese GerlundTrustee1
Meghan HenryTrustee1
Jeanne HulitTrustee1
Frances HutchinsonTrustee1
Bernie KavanaghTrustee1
Anne LaFondTrustee3
Ghomri RostampourTrustee1
Rebecca SmithTrustee1
Betsy TodTrustee1
Nina TrowbridgeTrustee1
Penelope Wheeler-AbbottTrustee1
Joseph R EverettPresident & CEO40$192,899
Dawn A OuelletteChief Financial Officer40$169,546
Clare LoxterkampMAT Prescriber40$151,907
Sarah D MaxwellChief Operating Officer40$149,843
Louise M MarsdenVP of Children & Family Services40$141,177
Karen A TurgeonVP of Programs40$128,000
Kelli WedgewoodClinical Supervisor40$125,739

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

States

Cities

BangorCaribouEllsworthGardinerLas VegasPortlandRocklandSacoWestbrook

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

What could you do with The Opportunity Alliance on Grantable?

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