Our Mission
Vision:
Individuals and families in Maine are empowered with the financial capability needed to climb up the economic ladder for long-term stability.
Mission:
CA$H Maine, Creating Assets, Savings and Hope, is a network of regional coalitions dedicated to helping Maine individuals and families grow and protect their resources and financial assets.
Strategy:
Through partnerships with over fifty profit and nonprofit partners, CA$H Maine:
- Provides free tax preparation services.
- Offers financial education services.
- Connects communities and employers to savings resources.
- Raises awareness about income related benefit programs at the local, state, and federal levels.
A new study released by the nonprofit Corporation for Enterprise Development shows that the poorest 20% of families pay more of their income in taxes than top 1% of families. The national organization also rated Maine in five key areas: financial assets and income; businesses and jobs; housing and homeownership; healthcare and education. View the complete study here: http://scorecard.assetsandopportunity.org/2013/state/me
Make the most of your money. Stop paying to get your taxes prepared, and find out if you qualify for tax credits that you didn’t know you qualified for. If you, or your household, made up to $51,000 in 2012, you can get your income taxes prepared for free by IRS-certified volunteer tax preparers! Find a coalition near you to schedule an appointment.
Ask about our do-it-yourself option if your individual or combined household income is up to $57,000.
Thanks to a grant from the Walmart Foundation and a partnership between Goodwill International and United Way Worldwide, we are able to offer a free, do-it-yourself option. If your individual or combined household income is up to $57,000, you can file your federal and state taxes for free!
Family Development Account Coalition – Matched Savings Program — FDAs
The FDA Program enables low-income families to establish savings accounts that will be used to buy a home, pay for education, or start or expand a small business. Participating families establish a savings account to be used toward their identified goal. Matched Savings Programs enhance the money you earn through employment by matching your participant dollars at a 4:1 ratio. For a program description: http://womenworkandcommunity.org/?page_id=101