Liabilities / Assets
59th percentile
Higher debt load relative to assets than 59% of similar nonprofits.
Gulf of Maine Properties Inc
EIN 20-1480528 • 501(c)3 • Portland, ME
Profile
To acquire, hold, manage, maintain, develop, or dispose of real property for the benefit of and in connection with the gulf of maine research institute.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.26x
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
38th percentile
Higher net margin than 38% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 68.2% of source-year revenue.
Asset Growth
28th percentile
Faster asset growth than 28% of similar nonprofits.
Revenue Growth
20th percentile
Faster revenue growth than 20% of similar nonprofits.
Balance Sheet
Assets
Up$10,597,155
Up $31,842 (+0.3%) from 2022
Liabilities
Up$2,881,768
Up $20,608 (+0.7%) from 2022
Net Assets
Up$7,715,387
Up $11,234 (+0.1%) from 2022
Revenue
Up$1,191,396
Up $134,121 (+13%) from 2022
Expenses
Up$1,159,352
Up $202,282 (+21%) from 2022
Net Income
Down$32,044
Down $68,161 (-68%) from 2022
Trend Graphs
Filings
Most recent year
2023 • Form 990Summary only. Only limited summary data is available for this year.
- Assets
- $10,597,155
- Liabilities
- $2,881,768
- Net assets
- $7,715,387
- Revenue
- $1,191,396
- Expenses
- $1,159,352
- Net income
- $32,044
Latest Detailed Filing
The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2021 below.
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2020 to Jun 30, 2021
- Signed
- Mar 8, 2022
- Return Version
- 2020v4.2
- Gross Receipts
- $1,025,715
Mission and Program Overview
Mission
To acquire, hold, manage, maintain, develop, or dispose of real property for the benefit of and in connection with the gulf of maine research institute.
The purpose of the corporation is to promote the lawful interest of the gulf of maine research institute, a nonprofit, charitable institution duly organized and existing under the laws of the state of maine by acquiring, holding, managing, maintaining, developing, or disposing of real property for the benefit of and in connection with the gulf of maine research institute.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $9,720,497 | $9,487,379 | ▼ $233,118 |
| Investments in Publicly Traded Securities | $908,502 | $815,027 | ▼ $93,475 |
| Savings and Temporary Cash Investments | $42,465 | $234,851 | ▲ $192,386 |
| Prepaid Expenses and Deferred Charges | $76,596 | $101,762 | ▲ $25,166 |
| Cash and Non-Interest-Bearing Accounts | $165,814 | $17,874 | ▼ $147,940 |
| Accounts Receivable | $12,769 | $6,153 | ▼ $6,616 |
| Total Assets | $10,926,643 | $10,663,046 | ▼ $263,597 |
| Liabilities | |||
| Tax Exempt Bond Liabilities | $2,932,760 | $2,813,958 | ▼ $118,802 |
| Accounts Payable and Accrued Expenses | $104,719 | $83,843 | ▼ $20,876 |
| Deferred Revenue | $13,835 | $17,685 | ▲ $3,850 |
| Other Liabilities | $11,401 | $11,401 | → $0 |
| Total Liabilities | $3,062,715 | $2,926,887 | ▼ $135,828 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $7,863,928 | $7,736,159 | ▼ $127,769 |
| Total Net Assets Fund Balance | $7,863,928 | $7,736,159 | ▼ $127,769 |
| Total Liabilities and Net Assets / Fund Balance | $10,926,643 | $10,663,046 | ▼ $263,597 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $6,758,352 | $4,638,769 | $11,397,121 |
| Land | $2,540,526 | - | $2,540,526 |
| Other Land Buildings | $151,089 | $534,679 | $685,768 |
| Equipment | $5,397 | $166,323 | $171,720 |
| Leasehold Improvements | $32,015 | $56,671 | $88,686 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Charles E Miller Esq | Chair |
| Donald W Perkins Jr | President |
| Beth Shissler | Director |
| Frank Governali | Director |
| Mike Bonney | Secretary |
| Robin Sawyer | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $908,690
- Investment Income
- $7,246
- Other Revenue
- $0
- Change in Net Assets
- $-90,209
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $915,936
- Revenue Not Reported on Financial Statements
- $0
- Revenue Not Reported on Form 990
- $-6,516
- Total Revenue per Audited Statements
- $909,420
- Total Revenue per Form 990
- $915,936
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $1,006,145 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $351,865 | - | - | $351,865 |
| Occupancy | $295,355 | - | - | $295,355 |
| Fees for Services Management | - | $111,837 | - | $111,837 |
| Interest | $109,939 | - | - | $109,939 |
| Office Expenses | $39,521 | - | - | $39,521 |
| Fees for Services Other | $29,033 | - | - | $29,033 |
| Information Technology | $27,961 | - | - | $27,961 |
| Insurance | $22,990 | - | - | $22,990 |
| Fees for Services Legal | - | $11,571 | - | $11,571 |
| Fees for Services Accounting | - | $6,000 | - | $6,000 |
| Other Expenses | $73 | - | - | $73 |
| Total Functional Expenses | $876,737 | $129,408 | $0 | $1,006,145 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,006,145 |
| Total Expenses per Audited Statements | $1,006,145 |
| Total Expenses per Form 990 | $1,006,145 |
| 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 Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Security Deposit Payable | $11,401 |
Bond Issues
| Bond | Issuer | Issued | Issue Price | Purpose |
|---|---|---|---|---|
| A | Finance Authority of Maine | 2011-11-30 | $3,900,000 | Refinance debt allocable to the building leased to gmri |
Bond Proceeds
| Bond | Total Proceeds | Spent | Retired | Issuance Costs |
|---|---|---|---|---|
| A | $3,900,000 | - | $1,080,487 | $8,290 |
Bond Financing Compliance
- No rebate due
- No
- Rebate not yet due
- No
- Form 8038-T filed
- No
- Gross proceeds invested
- No
- Gross proceeds invested in GIC
- No
- Exception to rebate
- No
- Corrective action procedures
- 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 35% controlled entity
- No
- 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
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- Yes
- Management duties delegated
- Yes
Governance Explanations
Form 990, Part VI, Section A, Line 3
“The organization has a management contract with gmri to provide property management, accounting, information technology, reception and other services as needed.”
Form 990, Part VI, Section A, Line 6
“The organization is a not-for-profit corporation made up of one member (gulf of maine research institute) who participates in the organization's governance.”
Form 990, Part VI, Section A, Line 7A
“As per the bylaws of the organization, the sole member, gulf of maine research institute, retains the sole right to: (i) approve the amendment or restatement of the articles of incorporation of the corporation, in whole or in part. (ii) approve the amendment or restatement of the bylaws of the corporation, in whole or in part. (iii) appoint and remove directors of the corporation, with or without cause. (iv) appoint and remove the president and chief executive officer of this corporation. (v) approve the strategic plan of the corporation. (vi)approve the annual operating plan and budget of the corporation. (vii) approve significant financial transactions and significant budget variances of the corporation. (viii) approve the conversion, merger, consolidation, dissolution or liquidation of the corporation.”
Form 990, Part VI, Section A, Line 7B
“As per the bylaws of the organization, the sole member, gulf of maine research institute, retains the sole right to: (i) approve the amendment or restatement of the articles of incorporation of the corporation, in whole or in part. (ii) approve the amendment or restatement of the bylaws of the corporation, in whole or in part. (iii) appoint and remove directors of the corporation, with or without cause. (iv) appoint and remove the president and chief executive officer of this corporation. (v) approve the strategic plan of the corporation. (vi)approve the annual operating plan and budget of the corporation. (vii) approve significant financial transactions and significant budget variances of the corporation. (viii) approve the conversion, merger, consolidation, dissolution or liquidation of the corporation.”
Form 990, Part VI, Section B, Line 11B
“The organization has the following review and approval process: 1. 990 filings are reviewed by gmri financial staff, acting on behalf of the organization. 2. Copies of 990 filings are then provided to the president and the gmri finance committee, acting on behalf of the organization. 3. Copies of the final 990 filing are provided to the organization's directors prior to filing.”
Form 990, Part VI, Section B, Line 12C
“Board members are mindful of the potential for conflict of interest. If one arises, we discuss and address the issue. Annually board members are presented with a disclosure form.”
Form 990, Part VI, Section B, Line 15
“Not applicable - the organization does not compensate any officer or director.”
Form 990, Part VI, Section C, Line 19
“The organization makes its consolidating financial statements available on gmri's website or upon request. Governing documents and policy information are available upon request.”
Filing and Contact Details
Filer
- Filer Name
- Gulf of Maine Properties Inc
- EIN
- 20-1480528
- Phone
- 2072281690
- Address
- 350 COMMERCIAL STREET, PORTLAND, ME 04101
Signing Officer
- Name
- Donald W Perkins Jr
- Title
- President
- Phone
- 2072281690
- Signed
- 2022-03-08
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Donald W Perkins Jr
- Formed
- 2004
- Legal Domicile
- Me
- Voting Board Members
- 5
- Independent Board Members
- 5
- Employees
- 0
- Volunteers
- 5
Preparer
- Firm
- Wipfli Llp
- Address
- 1 MARKET SQUARE, AUGUSTA, ME 04330-4637
- Preparer
- Bob Dube CPA
- Phone
- 2076224766
Supplemental Narrative
Additional Explanations
FORM 990, PART XI, LINE 9:
“Transfer of assets to gmri -31,044.”
Form 990 - Throughout
“Reference to gmri is the gulf of maine research institute, whose name has been shortened on this form in order to fit within the spaces provided.”
Financial Statement Notes
PART X, LINE 2:
“Gmri and gmpinc have been determined to be exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code and have both been classified as publicly supported organizations that are not private foundations under section 509(a) of the code. The institute has determined there are no amounts to record as assets or liabilities related to uncertain tax positions. The institute is subject to audit under the statute of limitations by the internal revenue service and state taxing authorities for three years after the filing of the institute's return.”
Raw XML AppendixShowing 400 of 551 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.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 104719 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 83843 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 12769 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 6153 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE PURPOSE OF THE CORPORATION IS TO PROMOTE THE LAWFUL INTEREST OF THE GULF OF MAINE RESEARCH INSTITUTE, A NONPROFIT, CHARITABLE INSTITUTION DULY ORGANIZED AND EXISTING UNDER THE LAWS OF THE STATE OF MAINE BY ACQUIRING, HOLDING, MANAGING, MAINTAINING, DEVELOPING, OR DISPOSING OF REAL PROPERTY FOR THE BENEFIT OF AND IN CONNECTION WITH THE GULF OF MAINE RESEARCH INSTITUTE. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | DONALD W PERKINS JR |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2072281690 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 350 COMMERCIAL STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | PORTLAND |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | ME |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 04101 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 165814 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 17874 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 7246 |
| IRS990/CYOtherExpensesAmt | 0 | 1006145 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 908690 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -90209 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 1006145 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 915936 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 13835 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 17685 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 351865 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 351865 |
| IRS990/Desc | 0 | GULF OF MAINE PROPERTIES OWNS, MANAGES, MAINTAINS AND DEVELOPS REAL PROPERTY FOR THE BENEFIT OF GULF OF MAINE RESEARCH INSTITUTE (GMRI). GMRI OCCUPIED 82.35% OF THE FACILITIES AND THE REMAINING SPACE WAS RENTED TO OTHER TENANTS IN ORDER TO SUBSIDIZE THE COST OF THE FACILITIES AND THEREBY SUPPORT GMRI'S MISSION. TENANTS EITHER PROVIDED SERVICES CONSISTENT WITH GMRI'S MISSION OR PROVIDED SUBSTANTIAL SERVICES TO GMRI WHICH DIRECTLY SUPPORTED GMRI'S MISSION. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/EscrowAccountInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 876737 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 6000 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 6000 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 11571 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 11571 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 111837 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 111837 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 29033 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 29033 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 142401 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ROBIN SAWYER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | CHARLES E MILLER ESQ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | BETH SHISSLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MIKE BONNEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | FRANK GOVERNALI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | DONALD W PERKINS JR |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 428356 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2004 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 477 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 110256 |
| IRS990/GrossReceiptsAmt | 0 | 1025715 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 27961 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 27961 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 22990 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 22990 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 109939 |
| IRS990/InterestGrp/TotalAmt | 0 | 109939 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 6769 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 6769 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 908502 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 815027 |
| IRS990/InvestTaxExemptBondsInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 5 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 5396442 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 9720497 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 9487379 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 14883821 |
| IRS990/LegalDomicileStateCd | 0 | ME |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 109779 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO ACQUIRE, HOLD, MANAGE, MAINTAIN, DEVELOP, OR DISPOSE OF REALPROPERTY FOR THE BENEFIT OF AND IN CONNECTION WITH THE GULF OF MAINERESEARCH INSTITUTE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 7863928 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 7736159 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 477 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 477 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -6516 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 7863928 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 7736159 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 295355 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 295355 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 39521 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 39521 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OnBehalfOfIssuerInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -31044 |
| IRS990/OtherExpensesGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 73 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 73 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 11401 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 11401 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 76596 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 101762 |
| IRS990/PrincipalOfficerNm | 0 | DONALD W PERKINS JR |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531310 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PROGRAM RENTAL REVENUE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 908690 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 908690 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 16874 |
| IRS990/PYOtherExpensesAmt | 0 | 983772 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 855587 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -111311 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 983772 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 872461 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -90209 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 1 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 908690 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 42465 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 234851 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | 1 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | 0 |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | 1 |
| IRS990ScheduleA/IRSWrittenDeterminationInd | 0 | X |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 010504905 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 7 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 31044 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | GMRI |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 31044 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 6758352 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 4638769 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 11397121 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 5397 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 166323 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 171720 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1006145 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 2540526 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 2540526 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 32015 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 56671 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 88686 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | -6516 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 151089 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 534679 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 685768 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 11401 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | SECURITY DEPOSIT PAYABLE |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | -6516 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 915936 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | GMRI AND GMPINC HAVE BEEN DETERMINED TO BE EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAVE BOTH BEEN CLASSIFIED AS PUBLICLY SUPPORTED ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS UNDER SECTION 509(A) OF THE CODE. THE INSTITUTE HAS DETERMINED THERE ARE NO AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. THE INSTITUTE IS SUBJECT TO AUDIT UNDER THE STATUTE OF LIMITATIONS BY THE INTERNAL REVENUE SERVICE AND STATE TAXING AUTHORITIES FOR THREE YEARS AFTER THE FILING OF THE INSTITUTE'S RETURN. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 9487379 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1006145 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 11401 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 915936 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 909420 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1006145 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 81862 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 330142 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 123962 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 18439 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 16352 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | DONALD W PERKINS JR |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 570757 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 0 | DONALD PERKINS PARTICIPATES IN A NON-QUALIFIED SUPPLEMENTAL RETIREMENT PLAN UNDER SECTIONS 409 AND 457 OF THE INTERNAL REVENUE CODE WITH A TOTAL OBLIGATION OF $250,000. THE PLAN IS FULLY VESTED BY DECEMBER 2020 UNLESS THE EXECUTIVE VOLUNTARILY LEAVES THE INSTITUTE OR THE BOARD DISMISSES THE EXECUTIVE OTHER THAN FOR CAUSE BEFORE THAT DATE. IN THIS CASE VESTING IS PRO-RATED BASED ON FULL MONTHS OF EMPLOYMENT. FUNDING OF THIS PLAN BEGAN IN 2016, AND PAYMENTS START IN 2021. |
| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION'S BOARD CHAIRMAN IS GMRI'S PRESIDENT. GMRI USES A COMPENSATION COMMITTEE, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY/STUDY, FORM 990 OF OTHER ORGANIZATIONS AND APPROVAL OF THE BOARD. |
| IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 4B |
| IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART I, LINE 3: |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 1 |
| IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt | 0 | 2011-11-30 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN | 0 | 010392006 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt | 0 | 3900000 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt | 0 | FINANCE AUTHORITY OF MAINE |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc | 0 | REFINANCE DEBT ALLOCABLE TO THE BUILDING LEASED TO GMRI |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd | 0 | 1 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd | 0 | 1 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt | 0 | 3710218 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd | 0 | 1 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt | 0 | 8290 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt | 0 | 1080487 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr | 0 | 2005 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt | 0 | 3900000 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION HAS A MANAGEMENT CONTRACT WITH GMRI TO PROVIDE PROPERTY MANAGEMENT, ACCOUNTING, INFORMATION TECHNOLOGY, RECEPTION AND OTHER SERVICES AS NEEDED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION MADE UP OF ONE MEMBER (GULF OF MAINE RESEARCH INSTITUTE) WHO PARTICIPATES IN THE ORGANIZATION'S GOVERNANCE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | AS PER THE BYLAWS OF THE ORGANIZATION, THE SOLE MEMBER, GULF OF MAINE RESEARCH INSTITUTE, RETAINS THE SOLE RIGHT TO: (I) APPROVE THE AMENDMENT OR RESTATEMENT OF THE ARTICLES OF INCORPORATION OF THE CORPORATION, IN WHOLE OR IN PART. (II) APPROVE THE AMENDMENT OR RESTATEMENT OF THE BYLAWS OF THE CORPORATION, IN WHOLE OR IN PART. (III) APPOINT AND REMOVE DIRECTORS OF THE CORPORATION, WITH OR WITHOUT CAUSE. (IV) APPOINT AND REMOVE THE PRESIDENT AND CHIEF EXECUTIVE OFFICER OF THIS CORPORATION. (V) APPROVE THE STRATEGIC PLAN OF THE CORPORATION. (VI)APPROVE THE ANNUAL OPERATING PLAN AND BUDGET OF THE CORPORATION. (VII) APPROVE SIGNIFICANT FINANCIAL TRANSACTIONS AND SIGNIFICANT BUDGET VARIANCES OF THE CORPORATION. (VIII) APPROVE THE CONVERSION, MERGER, CONSOLIDATION, DISSOLUTION OR LIQUIDATION OF THE CORPORATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | AS PER THE BYLAWS OF THE ORGANIZATION, THE SOLE MEMBER, GULF OF MAINE RESEARCH INSTITUTE, RETAINS THE SOLE RIGHT TO: (I) APPROVE THE AMENDMENT OR RESTATEMENT OF THE ARTICLES OF INCORPORATION OF THE CORPORATION, IN WHOLE OR IN PART. (II) APPROVE THE AMENDMENT OR RESTATEMENT OF THE BYLAWS OF THE CORPORATION, IN WHOLE OR IN PART. (III) APPOINT AND REMOVE DIRECTORS OF THE CORPORATION, WITH OR WITHOUT CAUSE. (IV) APPOINT AND REMOVE THE PRESIDENT AND CHIEF EXECUTIVE OFFICER OF THIS CORPORATION. (V) APPROVE THE STRATEGIC PLAN OF THE CORPORATION. (VI)APPROVE THE ANNUAL OPERATING PLAN AND BUDGET OF THE CORPORATION. (VII) APPROVE SIGNIFICANT FINANCIAL TRANSACTIONS AND SIGNIFICANT BUDGET VARIANCES OF THE CORPORATION. (VIII) APPROVE THE CONVERSION, MERGER, CONSOLIDATION, DISSOLUTION OR LIQUIDATION OF THE CORPORATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION HAS THE FOLLOWING REVIEW AND APPROVAL PROCESS: 1. 990 FILINGS ARE REVIEWED BY GMRI FINANCIAL STAFF, ACTING ON BEHALF OF THE ORGANIZATION. 2. COPIES OF 990 FILINGS ARE THEN PROVIDED TO THE PRESIDENT AND THE GMRI FINANCE COMMITTEE, ACTING ON BEHALF OF THE ORGANIZATION. 3. COPIES OF THE FINAL 990 FILING ARE PROVIDED TO THE ORGANIZATION'S DIRECTORS PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | BOARD MEMBERS ARE MINDFUL OF THE POTENTIAL FOR CONFLICT OF INTEREST. IF ONE ARISES, WE DISCUSS AND ADDRESS THE ISSUE. ANNUALLY BOARD MEMBERS ARE PRESENTED WITH A DISCLOSURE FORM. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | NOT APPLICABLE - THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICER OR DIRECTOR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE ORGANIZATION MAKES ITS CONSOLIDATING FINANCIAL STATEMENTS AVAILABLE ON GMRI'S WEBSITE OR UPON REQUEST. GOVERNING DOCUMENTS AND POLICY INFORMATION ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | TRANSFER OF ASSETS TO GMRI -31,044. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | REFERENCE TO GMRI IS THE GULF OF MAINE RESEARCH INSTITUTE, WHOSE NAME HAS BEEN SHORTENED ON THIS FORM IN ORDER TO FIT WITHIN THE SPACES PROVIDED. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART XI, LINE 9: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | FORM 990 - THROUGHOUT |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.