Civic Intelligence

Maine Development Foundation

990 • Fiscal year 2017 • EIN 01-0355563

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 29, 2018

Organization Profilewww.mdf.org

View Organization Page

295 Water Street No 5Augusta, ME 04330

(207) 622-6345

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.26x

Higher debt load relative to assets than 68% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

52nd percentile

0.11x

Higher debt load relative to revenue than 52% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

72nd percentile

14%

Higher net margin than 72% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

88th percentile

$178,690

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

90th percentile

43%

Faster asset growth than 90% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

82nd percentile

36%

Faster revenue growth than 82% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$696,530

Up $209,602 (+43%) from 2016

Net Assets

Up

$514,406

Up $237,058 (+85%) from 2016

Liabilities

Down

$182,124

Down $27,456 (-13%) from 2016

Revenue And Expenses
Liabilities / Revenue52nd percentileNet Margin72nd percentile

Revenue

Up

$1,659,229

Up $441,428 (+36%) from 2016

Expenses

Up

$1,422,171

Up $70,210 (+5.2%) from 2016

Net Income

Up

$237,058

Up $371,218 (+277%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $699,961Liabilities 2011: $368,590Net Assets 2011: $331,3712011Assets 2012: $976,668Liabilities 2012: $336,797Net Assets 2012: $639,8712012Assets 2013: $896,507Liabilities 2013: $355,290Net Assets 2013: $541,2172013Assets 2014: $685,013Liabilities 2014: $165,651Net Assets 2014: $519,3622014Assets 2015: $597,703Liabilities 2015: $186,195Net Assets 2015: $411,5082015Assets 2016: $486,928Liabilities 2016: $209,580Net Assets 2016: $277,3482016Assets 2017: $696,530Liabilities 2017: $182,124Net Assets 2017: $514,4062017Assets 2018: $788,412Liabilities 2018: $338,857Net Assets 2018: $449,5552018Assets 2019: $713,218Liabilities 2019: $321,624Net Assets 2019: $391,5942019Assets 2020: $1,568,365Liabilities 2020: $1,261,098Net Assets 2020: $307,2672020Assets 2021: $970,799Liabilities 2021: $762,728Net Assets 2021: $208,0712021Assets 2022: $1,919,051Liabilities 2022: $1,647,351Net Assets 2022: $271,7002022Assets 2023: $1,176,862Liabilities 2023: $1,106,012Net Assets 2023: $70,8502023Assets 2024: $969,500Liabilities 2024: $934,485Net Assets 2024: $35,0152024

Highlighted filing

2017

Assets$696,530
Liabilities$182,124
Net Assets$514,406
Open 2017 Filing

Operations Trend

Revenue Growth82nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,473,122Expenses 2011: $1,488,806Net Income 2011: -$15,6842011Revenue 2012: $1,562,112Expenses 2012: $1,253,612Net Income 2012: $308,5002012Revenue 2013: $1,972,856Expenses 2013: $2,071,510Net Income 2013: -$98,6542013Revenue 2014: $2,021,324Expenses 2014: $2,043,179Net Income 2014: -$21,8552014Revenue 2015: $1,085,481Expenses 2015: $1,193,335Net Income 2015: -$107,8542015Revenue 2016: $1,217,801Expenses 2016: $1,351,961Net Income 2016: -$134,1602016Revenue 2017: $1,659,229Expenses 2017: $1,422,171Net Income 2017: $237,0582017Revenue 2018: $1,792,373Expenses 2018: $1,857,224Net Income 2018: -$64,8512018Revenue 2019: $1,791,473Expenses 2019: $1,849,434Net Income 2019: -$57,9612019Revenue 2020: $2,516,324Expenses 2020: $2,600,651Net Income 2020: -$84,3272020Revenue 2021: $2,681,444Expenses 2021: $2,780,640Net Income 2021: -$99,1962021Revenue 2022: $2,803,285Expenses 2022: $2,739,656Net Income 2022: $63,6292022Revenue 2023: $3,160,300Expenses 2023: $3,361,150Net Income 2023: -$200,8502023Revenue 2024: $2,966,802Expenses 2024: $3,002,637Net Income 2024: -$35,8352024

Highlighted filing

2017

Revenue$1,659,229
Expenses$1,422,171
Net Income$237,058
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 29, 2018
Return Version
2017v2.2
Gross Receipts
$1,659,229
Mission and Program Overview

Mission

The mission of the Maine Development Foundation is to foster sustainable, long-term economic growth for Maine. Its programs stimulate new ideas, help develop Maine's leaders, and provide common ground for solving problems and advancing important issues.

To promote economic growth in the State of Maine.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$219,648$448,837▲ $229,189
Accounts Receivable$247,378$210,137▼ $37,241
Prepaid Expenses and Deferred Charges$9,155$15,900▲ $6,745
Pledges and Grants Receivable$0$12,500▲ $12,500
Land, Buildings, and Equipment, Net$10,697$9,106▼ $1,591
Cash and Non-Interest-Bearing Accounts$50$50→ $0
Total Assets$486,928$696,530▲ $209,602
Liabilities
Deferred Revenue$160,483$113,538▼ $46,945
Accounts Payable and Accrued Expenses$49,097$68,586▲ $19,489
Total Liabilities$209,580$182,124▼ $27,456
Net Assets / Fund Balance
Temporarily Rstr Net Assets$103,192$359,238▲ $256,046
Unrestricted Net Assets$174,156$155,168▼ $18,988
Total Net Assets Fund Balance$277,348$514,406▲ $237,058
Total Liabilities and Net Assets / Fund Balance$486,928$696,530▲ $209,602

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,106$117,655$126,761
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Yellow Light BreenPresident & CEOFT$154,752$23,938$178,690

Board Members and Trustees

NameTitle
Michael GawtryChair
Kevin HancockVice Chair
Alistair RaymondDirector
Dan BookhamDirector
Darcy Main-BoyingtonDirector
Dr Susan HunterDirector
George GervaisDirector
Jonathan LaBonteDirector
Kris DoodyDirector
Madeleline BraunDirector
Meredith Strang BurgessDirector
Scott BlakeDirector
Peter DelGrecoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,135,201
Program Service Revenue
$521,332
Investment Income
$2,696
Other Revenue
$0
All Other Contributions
$949,118
Change in Net Assets
$237,058

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,659,229
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$28,900
Total Revenue per Audited Statements
$1,688,129
Total Revenue per Form 990
$1,659,229
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$844,845
Other Expenses$563,323
Total Fundraising Expense$91,735
Grants and Similar Amounts Paid$14,003
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$354,681$101,337$50,669$506,687
Fees for Services Other$192,175--$192,175
Conferences and Meetings$134,733$5,614-$140,347
Current Officers, Directors, Trustees, and Key Employees$95,726$27,350$13,675$136,751
Other Employee Benefits$89,400$25,543$12,771$127,714
Payroll Taxes$32,048$9,156$4,578$45,782
Office Expenses$28,418$10,930$4,372$43,720
Occupancy$8,051$32,205-$40,256
Travel$27,322$8,628-$35,950
Pension Plan Contributions$19,538$5,582$2,791$27,911
All Other Expenses$11,111$11,044$415$22,570
Grants to Domestic Orgs$14,003--$14,003
Other Expenses$4,494$6,437$1,215$12,146
Fees for Services Accounting-$11,069-$11,069
Depreciation Depletion$5,628$2,412-$8,040
Insurance-$4,441-$4,441
Total Functional Expenses$1,051,690$278,746$91,735$1,422,171

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,451,071
Expenses per Audited Statements$1,422,171
Total Expenses per Form 990$1,422,171
Expenses Not Reported on Form 990$28,900
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lewiston Auburn Metropolitan Chamber Of CommerceLewiston, ME501 (c)Magnetize Maine Summit$7,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“The President and Finance Manager are part of the 990 preparation process and review in final form before filing with the IRS.”

Form 990, Part VI, Section B, line 12C

“All staff, directors and officers of the Maine Development Foundation are required to sign a disclosure annually after receiving a copy of the conflict of interest policy.”

Form 990, Part VI, Section B, line 15

“The President/CEO is reviewed by the Board of Directors Executive Committee, including the Chair, Vice Chair, and Treasurer. Key employees are reviewed by the Executive Director. Officers do not receive compensation.”

Form 990, Part VI, Section C, line 19

“The organization provides copies upon request.”

Filing and Contact Details

Filer

Filer Name
Maine Development Foundation
EIN
01-0355563
Phone
2076226345
Address
295 Water Street No 5, Augusta, ME 04330

Signing Officer

Name
Yellow Breen
Title
President & CEO
Phone
2076226345
Signed
2018-03-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Yellow Breen
Formed
1978
Legal Domicile
Me
Voting Board Members
14
Independent Board Members
13
Employees
13
Volunteers
0

Preparer

Firm
Purdy Powers & Company
Address
130 Middle Street, Portland, ME 04101
Preparer
Richard E Emerson Jr CPA CVA
Phone
2077753496
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Consultants: Program service expenses 192,175. Management and general expenses 0. Fundraising expenses 0. Total expenses 192,175.”

Audit oversight responsibility Form 990, Part XII, Line 2C:

“This process has not changed from the prior year.”

Financial Statement Notes

Part X, Line 2:

“Management of the Organization believes it has no material uncertain tax positions and, accordingly it will not recognize any liability for unrecognized tax benefits.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The mission of the Maine Development Foundation is to foster sustainable, long-term economic growth for Maine. Its programs stimulate new ideas, help develop Maine's leaders, and provide common ground for solving problems and advancing important issues.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0277348
IRS990/NetAssetsOrFundBalancesEOYAmt0514406
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt032205
IRS990/OccupancyGrp/ProgramServicesAmt08051
IRS990/OccupancyGrp/TotalAmt040256
IRS990/OfficeExpensesGrp/FundraisingAmt04372
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010930
IRS990/OfficeExpensesGrp/ProgramServicesAmt028418
IRS990/OfficeExpensesGrp/TotalAmt043720
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt012771
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt025543
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt089400
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0127714
IRS990/OtherExpensesGrp/Desc0Miscellaneous
IRS990/OtherExpensesGrp/Desc1Dues and subscriptions
IRS990/OtherExpensesGrp/Desc2Equipment rental and ma
IRS990/OtherExpensesGrp/Desc3Telephone
IRS990/OtherExpensesGrp/FundraisingAmt01249
IRS990/OtherExpensesGrp/FundraisingAmt11215
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03745
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12014
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt211239
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt36437
IRS990/OtherExpensesGrp/ProgramServicesAmt022949
IRS990/OtherExpensesGrp/ProgramServicesAmt111413
IRS990/OtherExpensesGrp/ProgramServicesAmt24494
IRS990/OtherExpensesGrp/TotalAmt026694
IRS990/OtherExpensesGrp/TotalAmt113427
IRS990/OtherExpensesGrp/TotalAmt212488
IRS990/OtherExpensesGrp/TotalAmt312146
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt050669
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0101337
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0354681
IRS990/OtherSalariesAndWagesGrp/TotalAmt0506687
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04578
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09156
IRS990/PayrollTaxesGrp/ProgramServicesAmt032048
IRS990/PayrollTaxesGrp/TotalAmt045782
IRS990/PensionPlanContributionsGrp/FundraisingAmt02791
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05582
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt019538
IRS990/PensionPlanContributionsGrp/TotalAmt027911
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt012500
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09155
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015900
IRS990/PrincipalOfficerNm0Yellow Breen
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/BusinessCd2541900
IRS990/ProgramServiceRevenueGrp/Desc0Contract Income
IRS990/ProgramServiceRevenueGrp/Desc1Program Fees
IRS990/ProgramServiceRevenueGrp/Desc2Miscellaneous
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0281837
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1234540
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24955
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0281837
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1234540
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24955
IRS990/ProgSrvcAccomActy2Grp/Desc0Leadership Maine offers participants a unique statewide learning opportunity, designed to build a broader pool of talented leaders in Maine to shape our state's future.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0184609
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0155051
IRS990/ProgSrvcAccomActy3Grp/Desc0The Forest Economy Project was launched in summer 2016 to support industry, community, and research leaders to develop and implement recommendations to strengthen and diversify Maine's forest industry and rural economies, supported initially by a 3-year federal Economic Development Administration grant to assist with supporting, coordinating, and reporting on Maine's forest economy recovery and revitalization effort.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0271218
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt029098
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0298159
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt014003
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0179995
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0568825
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt084934
IRS990/PYInvestmentIncomeAmt01080
IRS990/PYOtherExpensesAmt0607327
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0647896
IRS990/PYRevenuesLessExpensesAmt0-134160
IRS990/PYSalariesCompEmpBnftPaidAmt0659700
IRS990/PYTotalExpensesAmt01351961
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01217801
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0237058
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0157188
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0219648
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0448837
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01135201
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0568825
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0619771
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01511209
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01510773
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05345779
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02696
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01080
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0615
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0817
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01046
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06254
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02578036
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85070
IRS990ScheduleA/PublicSupportPY170Pct00.84080
IRS990ScheduleA/PublicSupportTotal170Amt04552879
IRS990ScheduleA/SubstantialContributorsTotAmt0792900
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01135201
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0568825
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0619771
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01511209
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01510773
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05345779
IRS990ScheduleA/TotalSupportAmt05352033
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt028900
IRS990ScheduleD/DonatedServicesUseFcltsAmt028900
IRS990ScheduleD/EquipmentGrp/BookValueAmt09106
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0117655
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0126761
IRS990ScheduleD/ExpensesNotReportedAmt028900
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01422171
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt028900
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01659229
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Management of the Organization believes it has no material uncertain tax positions and, accordingly it will not recognize any liability for unrecognized tax benefits.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt01422171
IRS990ScheduleD/TotalRevenuePerForm990Amt01659229
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01688129
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01451071
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt07000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 (c)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Magnetize Maine Summit
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Lewiston Auburn Metropolitan Chamber Of Commerce
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0415 Lisbon St
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Lewiston
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0ME
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd004240
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$696,530
Liabilities
$182,124
Net assets
$514,406
Revenue
$1,659,229
Expenses
$1,422,171
Net income
$237,058
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.93$0.04$2.97$3.00$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.18$1.11$0.07$3.16$3.36$0.20
2022Detailed filing. Detailed filing data is available for this year.$1.92$1.65$0.27$2.80$2.74$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.97$0.76$0.21$2.68$2.78$0.10
2020Detailed filing. Detailed filing data is available for this year.$1.57$1.26$0.31$2.52$2.60$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.71$0.32$0.39$1.79$1.85$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.79$0.34$0.45$1.79$1.86$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.70$0.18$0.51$1.66$1.42$0.24
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.21$0.28$1.22$1.35$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.60$0.19$0.41$1.09$1.19$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.69$0.17$0.52$2.02$2.04$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.90$0.36$0.54$1.97$2.07$0.10
2012Summary only. Only limited summary data is available for this year.$0.98$0.34$0.64$1.56$1.25$0.31
2011Summary only. Only limited summary data is available for this year.$0.70$0.37$0.33$1.47$1.49$0.02