Civic Intelligence

Southern Maine Finance Agency

990 • Fiscal year 2017 • EIN 01-0472964

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 28, 2018

Organization ProfileBSAEDC.ORG
20 Pomerleau Street No 300Biddeford, ME 04005

(207) 282-1748

Siviq Scores

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

Liabilities / Assets

66th percentile

0.35x

Higher debt load relative to assets than 66% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

90th percentile

2.78x

Higher debt load relative to revenue than 90% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

79th percentile

22%

Higher net margin than 79% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

47th percentile

$114,411

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 13.5% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

55th percentile

5.6%

Faster asset growth than 55% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

6th percentile

-41%

Faster revenue growth than 6% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$6,769,398

Up $356,505 (+5.6%) from 2016

Net Assets

Up

$4,410,348

Up $185,586 (+4.4%) from 2016

Liabilities

Up

$2,359,050

Up $170,919 (+7.8%) from 2016

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin79th percentile

Revenue

Down

$849,904

Down $586,190 (-41%) from 2016

Expenses

Up

$664,318

Up $272,880 (+70%) from 2016

Net Income

Down

$185,586

Down $859,070 (-82%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $4,399,608Liabilities 2010: $1,326,988Net Assets 2010: $3,072,6202010Assets 2011: $4,053,538Liabilities 2011: $1,087,288Net Assets 2011: $2,966,2502011Assets 2012: $4,505,415Liabilities 2012: $1,639,095Net Assets 2012: $2,866,3202012Assets 2013: $4,569,976Liabilities 2013: $1,665,812Net Assets 2013: $2,904,1642013Assets 2014: $4,790,274Liabilities 2014: $1,698,319Net Assets 2014: $3,091,9552014Assets 2015: $5,380,503Liabilities 2015: $2,200,397Net Assets 2015: $3,180,1062015Assets 2016: $6,412,893Liabilities 2016: $2,188,131Net Assets 2016: $4,224,7622016Assets 2017: $6,769,398Liabilities 2017: $2,359,050Net Assets 2017: $4,410,3482017Assets 2018: $7,101,713Liabilities 2018: $2,230,116Net Assets 2018: $4,871,5972018Assets 2019: $7,991,541Liabilities 2019: $3,209,822Net Assets 2019: $4,781,7192019Assets 2020: $7,936,623Liabilities 2020: $3,002,725Net Assets 2020: $4,933,8982020Assets 2021: $7,914,539Liabilities 2021: $2,855,153Net Assets 2021: $5,059,3862021Assets 2022: $7,727,125Liabilities 2022: $2,632,864Net Assets 2022: $5,094,2612022Assets 2023: $7,492,339Liabilities 2023: $2,441,949Net Assets 2023: $5,050,3902023Assets 2024: $7,874,799Liabilities 2024: $2,185,041Net Assets 2024: $5,689,7582024

Highlighted filing

2017

Assets$6,769,398
Liabilities$2,359,050
Net Assets$4,410,348
Open 2017 Filing

Operations Trend

Revenue Growth6th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $321,6922010Revenue 2011: $290,084Expenses 2011: $396,454Net Income 2011: -$106,3702011Expenses 2012: $440,0062012Revenue 2013: $408,515Expenses 2013: $370,671Net Income 2013: $37,8442013Revenue 2014: $577,392Expenses 2014: $389,601Net Income 2014: $187,7912014Revenue 2015: $477,931Expenses 2015: $389,780Net Income 2015: $88,1512015Revenue 2016: $1,436,094Expenses 2016: $391,438Net Income 2016: $1,044,6562016Revenue 2017: $849,904Expenses 2017: $664,318Net Income 2017: $185,5862017Revenue 2018: $987,877Expenses 2018: $526,628Net Income 2018: $461,2492018Revenue 2019: $924,416Expenses 2019: $1,014,294Net Income 2019: -$89,8782019Revenue 2020: $828,928Expenses 2020: $676,749Net Income 2020: $152,1792020Revenue 2021: $753,911Expenses 2021: $584,411Net Income 2021: $169,5002021Revenue 2022: $658,421Expenses 2022: $618,482Net Income 2022: $39,9392022Revenue 2023: $719,081Expenses 2023: $757,888Net Income 2023: -$38,8072023Revenue 2024: $1,401,365Expenses 2024: $761,997Net Income 2024: $639,3682024

Highlighted filing

2017

Revenue$849,904
Expenses$664,318
Net Income$185,586
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 28, 2018
Return Version
2016v3.0
Gross Receipts
$849,904
Mission and Program Overview

Mission

To promote sustainable, long-term economic prosperity for the biddeford-saco maine area.

To promote sustainable, economic prosperity for the biddeford-saco maine area. The corporation is a catalyst for cooperation, teamwork, and mutual success through the: (1) creation and retention of quality jobs for the people of biddeford-saco targeting the low to moderate income population and (2) development and promotion of policies, projects and programs that will accomodate and capture new investment in biddeford-saco.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$5,500,223$5,369,876▼ $130,347
Savings and Temporary Cash Investments$574,880$1,208,620▲ $633,740
Pledges and Grants Receivable$250,000$0▼ $250,000
Cash and Non-Interest-Bearing Accounts$64,695$85,599▲ $20,904
Land, Buildings, and Equipment, Net$4,691$73,901▲ $69,210
Accounts Receivable$13,678$21,460▲ $7,782
Prepaid Expenses and Deferred Charges$4,726$6,950▲ $2,224
Total Assets$6,412,893$6,769,398▲ $356,505
Other Assets Total$0$2,992▲ $2,992
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,806,001$1,945,285▲ $139,284
Other Liabilities$366,339$369,800▲ $3,461
Accounts Payable and Accrued Expenses$15,791$43,965▲ $28,174
Total Liabilities$2,188,131$2,359,050▲ $170,919
Net Assets / Fund Balance
Temporarily Rstr Net Assets$3,666,570$3,821,868▲ $155,298
Unrestricted Net Assets$558,192$588,480▲ $30,288
Total Net Assets Fund Balance$4,224,762$4,410,348▲ $185,586
Total Liabilities and Net Assets / Fund Balance$6,412,893$6,769,398▲ $356,505

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$73,901$39,115$113,016
Compensation and Service Providers
Top Officer Pay47th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William O Armitage IiExecutive DirectorFT$97,059$17,352$114,411

Board Members and Trustees

NameTitle
DAN D'ENTREMONTPresident
Richard HodgdonVice President
Alan CasavantDirector
Charles GallowayDirector
Chuck BatesDirector
Daniel StevensonDirector
Eric GreenDirector
James F NimonDirector
Paul SchumacherDirector
Robert QuentinDirector
William DoyleDirector
William MannDirector
Maryanna ArsenaultSecretary
Lorraine BostonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$487,453
Program Service Revenue
$361,597
Investment Income
$854
Other Revenue
$0
Change in Net Assets
$185,586

Audited Revenue Reconciliation

Revenue per Audited Statements
$849,904
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$849,904
Total Revenue per Form 990
$849,904
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$414,355
Salaries, Compensation, and Employee Benefits$249,963
Total Fundraising Expense$1,168
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$47,904$67,765$1,168$116,837
Other Salaries and Wages$80,922$24,511-$105,433
Interest$34,206--$34,206
Occupancy$15,919$9,580-$25,499
Payroll Taxes$11,977$3,628-$15,605
Fees for Services Accounting$6,836$4,114-$10,950
Other Employee Benefits$7,883$2,387-$10,270
Other Expenses$5,923$3,565-$9,488
Insurance$5,298$3,188-$8,486
Fees for Services Other$5,053$3,040-$8,093
Travel$4,537$2,730-$7,267
Depreciation Depletion$4,421$2,660-$7,081
Office Expenses$3,989$2,401-$6,390
Fees for Services Legal$2,328$1,400-$3,728
Advertising$2,154$1,296-$3,450
All Other Expenses$1,508$909-$2,417
Pension Plan Contributions$1,395$423-$1,818
Total Functional Expenses$521,013$142,137$1,168$664,318

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$664,318
Total Expenses per Audited Statements$664,318
Total Expenses per Form 990$664,318
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Robert QuentinBoard Member Is an Officer of the Saco & Biddeford Savings Institution.SACO & BIDDEFORD SAVINGS INSTITUTION EQ2 LOAN MAKES UP 1/4 OF TOTAL EQ2 LOANS MADE TO THE ORGANIZATION IN THE YEAR, $250,000. ADDITIONALLY, THE BANK IS A 1/4 PARTICIPANT IN A $1,000,000 LINE OF CREDIT ISSUED BY THE BIDDEFORD SAVINGS BANK WITH A ZERO OUTSTANDING BALANCE.No$250,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
City of Biddeford Micro Loan Pgm Payable$259,736
City of Biddeford Small Bus. Develop Loan Pgm Payable$110,064
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
No
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 A, Line 7A

“The cities of biddeford, me and saco, me and the sanford regional economic growth council each have two seats on the board, and the biddeford-saco chamber of commerce & industry, the kennebunk development corporation and the southern maine planning and development commission each have one seat on the board.”

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

“A copy of this form 990 was provided to the board of directors and the executive director for review prior to filing.”

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

“This policy is reviewed and signed by the board of directors at each annual meeting.”

Form 990, Part VI, Section B, Line 15A

“The executive committee meets annually to review the executive director's performance and to approve his compensation package. Upon initial hiring and periodically over the years a more exhaustive review, including comparability data, is performed.”

Form 990, Part VI, Section C, Line 19

“Documents are made available to the public upon request whether by email, phone or in-person. Additionally, information regarding the organization can be found on the internet at guidestar.org.”

Filing and Contact Details

Filer

Filer Name
Biddeford-saco Area Economic Development
EIN
01-0472964
Phone
2072821748
Address
20 POMERLEAU STREET NO 300, BIDDEFORD, ME 04005

Signing Officer

Name
William O Armitage Ii
Title
Executive Director
Phone
2072821748
Signed
2018-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William O Armitage Ii
Formed
1992
Legal Domicile
Me
Voting Board Members
15
Independent Board Members
15
Employees
3
Volunteers
22

Preparer

Firm
Runyon Kersteen Ouellette
Address
20 LONG CREEK DRIVE, SOUTH PORTLAND, ME 04106
Preparer
Thomas Emery
Phone
2077732986
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The executive committee acts as the audit committee. The process for the oversight of the audit and selection of the independent auditors did not change during the year.”

Financial Statement Notes

PART X, LINE 2:

“The edc follows the provisions of fasb asc 740-10 accounting for uncertainty of income taxes, which clarifies the criteria that an individual tax position must satisfy for some or all of the benefits of that position to be recognized in an entity's financial statements. It also prescribes a recognition threshold of more likely-than-not, and a measurement attribute for all tax positions taken or expected to be taken on a tax return, in order for those tax positions to be recognized in the financial statements. There was no cumulative effect on the edc's financial statements related to following this interpretation, and no interest or penalties related to uncertain tax positions were accrued. The edc is currently open to audit under the statute of limitations by the internal revenue service and state taxing authorities for the years ended june 30, 2014 through 2017.”

Raw XML AppendixShowing 400 of 522 raw XML fields

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/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DIRECTOR
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IRS990/FormationYr01992
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IRS990/GrantsToIndividualsInd00
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IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0849904
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IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE SUSTAINABLE ECONOMIC PROSPERITY THROUGH REGIONAL BUSINESS LENDING, TARGETING UNDERSERVED MARKETS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01806001
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01945285
IRS990/NetAssetsOrFundBalancesBOYAmt04224762
IRS990/NetAssetsOrFundBalancesEOYAmt04410348
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
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IRS990/OccupancyGrp/ProgramServicesAmt015919
IRS990/OccupancyGrp/TotalAmt025499
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02401
IRS990/OfficeExpensesGrp/ProgramServicesAmt03989
IRS990/OfficeExpensesGrp/TotalAmt06390
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt02992
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02387
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07883
IRS990/OtherEmployeeBenefitsGrp/TotalAmt010270
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/Desc1ANNUAL PROGRAM FEE
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08540
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13565
IRS990/OtherExpensesGrp/ProgramServicesAmt0240469
IRS990/OtherExpensesGrp/ProgramServicesAmt124100
IRS990/OtherExpensesGrp/ProgramServicesAmt214191
IRS990/OtherExpensesGrp/ProgramServicesAmt35923
IRS990/OtherExpensesGrp/TotalAmt0240469
IRS990/OtherExpensesGrp/TotalAmt124100
IRS990/OtherExpensesGrp/TotalAmt222731
IRS990/OtherExpensesGrp/TotalAmt39488
IRS990/OtherLiabilitiesGrp/BOYAmt0366339
IRS990/OtherLiabilitiesGrp/EOYAmt0369800
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt024511
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt080922
IRS990/OtherSalariesAndWagesGrp/TotalAmt0105433
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt05500223
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt05369876
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03628
IRS990/PayrollTaxesGrp/ProgramServicesAmt011977
IRS990/PayrollTaxesGrp/TotalAmt015605
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0423
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01395
IRS990/PensionPlanContributionsGrp/TotalAmt01818
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0250000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04726
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06950
IRS990/PrincipalOfficerNm0WILLIAM O ARMITAGE II
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1LOAN FEE INCOME
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt171648
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0289949
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt171648
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0969683
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0204
IRS990/PYOtherExpensesAmt0149621
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0466207
IRS990/PYRevenuesLessExpensesAmt01044656
IRS990/PYSalariesCompEmpBnftPaidAmt0241817
IRS990/PYTotalExpensesAmt0391438
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01436094
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0185586
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0361597
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0574880
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01208620
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0487453
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0969683
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt079683
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0225521
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt049361
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01811701
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt05064
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt05064
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0854
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0204
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt077
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0105
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt092
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01332
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01937777
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01816765
IRS990ScheduleA/TotalSupportAmt01818097
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990/ScheduleBRequiredInd01
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IRS990ScheduleC/DirectContactLegislatorsInd01
IRS990ScheduleC/GrantsOtherOrganizationsInd00
IRS990ScheduleC/MailingsMembersInd00
IRS990ScheduleC/MediaAdvertisementsInd00
IRS990ScheduleC/NotDescribedSection501c3Ind00
IRS990ScheduleC/OtherActivitiesInd00
IRS990ScheduleC/PaidStaffOrManagementInd01
IRS990ScheduleC/PublicationsOrBroadcastInd00
IRS990ScheduleC/RalliesDemonstrationsInd00
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR AND/OR OTHER EMPLOYEES ATTENDED MEETINGS OF VARIOUS STATE COMMITTEES AND/OR LEGISLATORS, CITY COUNCILS, AND OUR FEDERAL CONGRESSIONAL DELEGATION TO PRESENT REPORTS OR UPDATES ON ACTIVITIES.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II-B, LINE 1:
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IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
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IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0259736
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1110064
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CITY OF BIDDEFORD MICRO LOAN PGM PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CITY OF BIDDEFORD SMALL BUS. DEVELOP LOAN PGM PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00

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Filings

Displayed year

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

Open filing
Assets
$6,769,398
Liabilities
$2,359,050
Net assets
$4,410,348
Revenue
$849,904
Expenses
$664,318
Net income
$185,586
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.87$2.19$5.69$1.40$0.76$0.64
2023Detailed filing. Detailed filing data is available for this year.$7.49$2.44$5.05$0.72$0.76$0.04
2022Detailed filing. Detailed filing data is available for this year.$7.73$2.63$5.09$0.66$0.62$0.04
2021Detailed filing. Detailed filing data is available for this year.$7.91$2.86$5.06$0.75$0.58$0.17
2020Detailed filing. Detailed filing data is available for this year.$7.94$3.00$4.93$0.83$0.68$0.15
2019Detailed filing. Detailed filing data is available for this year.$7.99$3.21$4.78$0.92$1.01$0.09
2018Summary only. Only limited summary data is available for this year.$7.10$2.23$4.87$0.99$0.53$0.46
2017Detailed filing. Detailed filing data is available for this year.$6.77$2.36$4.41$0.85$0.66$0.19
2016Detailed filing. Detailed filing data is available for this year.$6.41$2.19$4.22$1.44$0.39$1.04
2015Detailed filing. Detailed filing data is available for this year.$5.38$2.20$3.18$0.48$0.39$0.09
2014Detailed filing. Detailed filing data is available for this year.$4.79$1.70$3.09$0.58$0.39$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.57$1.67$2.90$0.41$0.37$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.51$1.64$2.87$0.44
2011Summary only. Only limited summary data is available for this year.$4.05$1.09$2.97$0.29$0.40$0.11
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.40$1.33$3.07$0.32