Civic Intelligence

Bangor Target Area Development Corp

990 • Fiscal year 2013 • EIN 23-7307277

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 05, 2014

Organization ProfileN/A
PO Box 26204402-0262

(207) 947-7948

Siviq Scores

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

Liabilities / Assets

88th percentile

0.81x

Higher debt load relative to assets than 88% of similar nonprofits.

2013 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

77th percentile

1.70x

Higher debt load relative to revenue than 77% of similar nonprofits.

2013 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2013

Net Margin

25th percentile

-2.5%

Higher net margin than 25% of similar nonprofits.

2013 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2013

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets88th percentile

Assets

$7,756,746

No earlier filing loaded for comparison.

Net Assets

$1,491,192

No earlier filing loaded for comparison.

Liabilities

$6,265,554

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin25th percentile

Revenue

$3,693,622

No earlier filing loaded for comparison.

Expenses

$3,787,402

No earlier filing loaded for comparison.

Net Income

-$93,780

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2013: $7,756,746Liabilities 2013: $6,265,554Net Assets 2013: $1,491,1922013Assets 2014: $4,164,869Liabilities 2014: $2,892,524Net Assets 2014: $1,272,3452014Assets 2015: $1,390,849Liabilities 2015: $240,874Net Assets 2015: $1,149,9752015Assets 2016: $1,268,636Liabilities 2016: $205,931Net Assets 2016: $1,062,7052016Assets 2019: $1,913,164Liabilities 2019: $326,979Net Assets 2019: $1,586,1852019Assets 2020: $1,845,999Liabilities 2020: $317,837Net Assets 2020: $1,528,1622020Assets 2021: $1,773,949Liabilities 2021: $300,069Net Assets 2021: $1,473,8802021Assets 2022: $1,647,470Liabilities 2022: $264,649Net Assets 2022: $1,382,8212022Assets 2024: $1,629,291Liabilities 2024: $235,842Net Assets 2024: $1,393,4492024

Highlighted filing

2013

Assets$7,756,746
Liabilities$6,265,554
Net Assets$1,491,192
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $3,693,622Expenses 2013: $3,787,402Net Income 2013: -$93,7802013Revenue 2014: $3,665,023Expenses 2014: $3,771,447Net Income 2014: -$106,4242014Revenue 2015: $2,528,974Expenses 2015: $2,633,529Net Income 2015: -$104,5552015Revenue 2016: $222,897Expenses 2016: $282,522Net Income 2016: -$59,6252016Revenue 2019: $280,037Expenses 2019: $319,525Net Income 2019: -$39,4882019Revenue 2020: $248,485Expenses 2020: $325,546Net Income 2020: -$77,0612020Revenue 2021: $271,826Expenses 2021: $354,707Net Income 2021: -$82,8812021Revenue 2022: $290,646Expenses 2022: $343,424Net Income 2022: -$52,7782022Revenue 2024: $324,689Expenses 2024: $355,960Net Income 2024: -$31,2712024

Highlighted filing

2013

Revenue$3,693,622
Expenses$3,787,402
Net Income-$93,780
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 5, 2014
Return Version
2013v3.0
Gross Receipts
$3,722,467
Mission and Program Overview

Mission

Promoting industry in bangor

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,280,528$1,215,957▼ $64,571
Investments in Publicly Traded Securities$178,879$430,580▲ $251,701
Cash and Non-Interest-Bearing Accounts$411,827$345,014▼ $66,813
Inventories for Sale or Use$54,549$56,002▲ $1,453
Other Notes and Loans Receivable, Net$45,459$45,459→ $0
Accounts Receivable$16,376$13,200▼ $3,176
Savings and Temporary Cash Investments$212,771$8,591▼ $204,180
Prepaid Expenses and Deferred Charges$5,755$4,297▼ $1,458
Total Assets$11,063,987$7,756,746▼ $3,307,241
Other Assets Total$8,857,843$5,637,646▼ $3,220,197
Liabilities
Mortgage Notes Payable Secured by Investment Property$9,188,499$5,937,164▼ $3,251,335
Deferred Revenue$297,644$292,858▼ $4,786
Accounts Payable and Accrued Expenses$33,319$35,532▲ $2,213
Total Liabilities$9,519,462$6,265,554▼ $3,253,908
Net Assets / Fund Balance
Unrestricted Net Assets$1,544,525$1,491,192▼ $53,333
Total Net Assets Fund Balance$1,544,525$1,491,192▼ $53,333
Total Liabilities and Net Assets / Fund Balance$11,063,987$7,756,746▼ $3,307,241

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,097,122$738,517$1,835,639
Land$106,400-$106,400
Equipment$9,664$22,005$31,669
Other Land Buildings$2,771$12,480$15,251
Other Assets Org$5,637,646--
Compensation and Service Providers
Top Officer Pay38th percentile

Board Members and Trustees

NameTitle
Jeff SpauldingPresident
Jake WardVice President
Adam RobertsonDirector
Angela FarrellDirector
Arthur ComstockDirector
D'ARCY MAIN-BOYINGTONDirector
Evan RichertDirector
John SimpsonDirector
PETER D'ERRICODirector
Susan MackayDirector
John ReedTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,681,077
Investment Income
$10,406
Other Revenue
$2,139
Change in Net Assets
$-93,780

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,693,622
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$40,447
Total Revenue per Audited Statements
$3,734,069
Total Revenue per Form 990
$3,693,622
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,787,402
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$3,284,768--$3,284,768
Interest$277,886--$277,886
All Other Expenses$27,441$2,733-$30,174
Other Expenses$29,146--$29,146
Fees for Services Accounting$11,732$5,021-$16,753
Fees for Services Management$12,534--$12,534
Fees for Services Other-$8,356-$8,356
Insurance$3,242$4,889-$8,131
Fees for Service Investment Mgmnt Fees-$3,175-$3,175
Total Functional Expenses$3,763,228$24,174$0$3,787,402

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,787,402
Total Expenses per Audited Statements$3,787,402
Total Expenses per Form 990$3,787,402
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 11

“The 990 is available for board members to review upon request”

Form 990, Part VI, Section C, Line 19

“Statements are available upon request”

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

“The 990 is available for board members to review upon request”

Form 990 - Part VI - Section C - Line 19

“Financial statements are available upon request.”

Filing and Contact Details

Filer

EIN
23-7307277
Phone
2079477948

Signing Officer

Name
Jeff Spaulding
Title
President
Phone
2079471160
Signed
2014-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Spaulding
Formed
1972
Legal Domicile
Me
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Preparer
Vicki J Vincent
Phone
2079455695
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization has adopted the provisions of authoritative guidance regarding accounting for uncertainty in income taxes. The authoritative guidance provides that a tax liability from an uncertain tax position should be recognized when it is more likely than not that a position will not be sustained upon an irs examination. As of december 31, 2013, management has concluded that the organization had no uncertain tax positions.”

Raw XML AppendixShowing 400 of 404 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt033319
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt035532
IRS990/AccountsReceivableGrp/BOYAmt016376
IRS990/AccountsReceivableGrp/EOYAmt013200
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROMOTING INDUSTRY IN BANGOR
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02733
IRS990/AllOtherExpensesGrp/ProgramServicesAmt027441
IRS990/AllOtherExpensesGrp/TotalAmt030174
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0ROD MCKAY
IRS990/BooksInCareOfDetail/PhoneNum02079477948
IRS990/BooksInCareOfDetail/USAddress/AddressLine10PO BOX 262
IRS990/BooksInCareOfDetail/USAddress/City0BANGOR
IRS990/BooksInCareOfDetail/USAddress/State0ME
IRS990/BooksInCareOfDetail/USAddress/ZIPCode0044020262
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0411827
IRS990/CashNonInterestBearingGrp/EOYAmt0345014
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt010406
IRS990/CYOtherExpensesAmt03787402
IRS990/CYOtherRevenueAmt02139
IRS990/CYProgramServiceRevenueAmt03681077
IRS990/CYRevenuesLessExpensesAmt0-93780
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt03787402
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03693622
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0297644
IRS990/DeferredRevenueGrp/EOYAmt0292858
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt03284768
IRS990/DepreciationDepletionGrp/TotalAmt03284768
IRS990/Desc0FINANCING OF CERTAIN LEASEHOLD IMPROVEMENTS FOR INDUSTRIAL USE.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt03488449
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05021
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt011732
IRS990/FeesForServicesAccountingGrp/TotalAmt016753
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt012534
IRS990/FeesForServicesManagementGrp/TotalAmt012534
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt08356
IRS990/FeesForServicesOtherGrp/TotalAmt08356
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt03175
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt03175
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0ARTHUR COMSTOCK
IRS990/Form990PartVIISectionAGrp/PersonNm1PETER D'ERRICO
IRS990/Form990PartVIISectionAGrp/PersonNm2D'ARCY MAIN-BOYINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm3SUSAN MACKAY
IRS990/Form990PartVIISectionAGrp/PersonNm4ADAM ROBERTSON
IRS990/Form990PartVIISectionAGrp/PersonNm5EVAN RICHERT
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN SIMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm7JAKE WARD
IRS990/Form990PartVIISectionAGrp/PersonNm8JOHN REED
IRS990/Form990PartVIISectionAGrp/PersonNm9JEFF SPAULDING
IRS990/Form990PartVIISectionAGrp/PersonNm10ANGELA FARRELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01972
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-1647
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt027198
IRS990/GrossReceiptsAmt03722467
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04889
IRS990/InsuranceGrp/ProgramServicesAmt03242
IRS990/InsuranceGrp/TotalAmt08131
IRS990/InterestGrp/ProgramServicesAmt0277886
IRS990/InterestGrp/TotalAmt0277886
IRS990/InventoriesForSaleOrUseGrp/BOYAmt054549
IRS990/InventoriesForSaleOrUseGrp/EOYAmt056002
IRS990/InvestmentIncomeGrp/ExclusionAmt012053
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012053
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0178879
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0430580
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0773002
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01280528
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01215957
IRS990/LandBldgEquipCostOrOtherBssAmt01988959
IRS990/LegalDomicileStateCd0ME
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt028845
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROMOTING INDUSTRY IN BANGOR
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt09188499
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05937164
IRS990/NetAssetsOrFundBalancesBOYAmt01544525
IRS990/NetAssetsOrFundBalancesEOYAmt01491192
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-1647
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1647
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt040447
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08857843
IRS990/OtherAssetsTotalGrp/EOYAmt05637646
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0UTILITIES AND TELEPHONE
IRS990/OtherExpensesGrp/Desc1FUEL
IRS990/OtherExpensesGrp/Desc2REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc3JANITORIAL
IRS990/OtherExpensesGrp/ProgramServicesAmt047087
IRS990/OtherExpensesGrp/ProgramServicesAmt135572
IRS990/OtherExpensesGrp/ProgramServicesAmt233820
IRS990/OtherExpensesGrp/ProgramServicesAmt329146
IRS990/OtherExpensesGrp/TotalAmt047087
IRS990/OtherExpensesGrp/TotalAmt135572
IRS990/OtherExpensesGrp/TotalAmt233820
IRS990/OtherExpensesGrp/TotalAmt329146
IRS990/OtherRevenueMiscGrp/BusinessCd0531310
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt02139
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02139
IRS990/OtherRevenueTotalAmt02139
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt045459
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt045459
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05755
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04297
IRS990/PrincipalOfficerNm0JEFF SPAULDING
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531310
IRS990/ProgramServiceRevenueGrp/BusinessCd1531310
IRS990/ProgramServiceRevenueGrp/Desc0LEASE FEES -GE
IRS990/ProgramServiceRevenueGrp/Desc1LEASE FEES - INCUBATOR
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03509134
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1171943
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03509134
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1171943
IRS990/ProgSrvcAccomActy2Grp/Desc0RENTAL OF FACILITIES FOR INCUBATION OF INFORMATION TECHNOLOGY AND RESEARCH BUSINESSES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0274779
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0171943
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04731
IRS990/PYOtherExpensesAmt03769563
IRS990/PYOtherRevenueAmt056
IRS990/PYProgramServiceRevenueAmt03764949
IRS990/PYRevenuesLessExpensesAmt0173
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03769563
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03769736
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-93780
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03509134
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0212771
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08591
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01097122
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0738517
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01835639
IRS990ScheduleD/EquipmentGrp/BookValueAmt09664
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022005
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031669
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03787402
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0106400
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0106400
IRS990ScheduleD/NetUnrealizedGainsInvstAmt040447
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05637646
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ASSIGNED LEASE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02771
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt012480
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015251
IRS990ScheduleD/RevenueNotReportedAmt040447
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03693622
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF AUTHORITATIVE GUIDANCE REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE AUTHORITATIVE GUIDANCE PROVIDES THAT A TAX LIABILITY FROM AN UNCERTAIN TAX POSITION SHOULD BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT A POSITION WILL NOT BE SUSTAINED UPON AN IRS EXAMINATION. AS OF DECEMBER 31, 2013, MANAGEMENT HAS CONCLUDED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01215957
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05637646
IRS990ScheduleD/TotalExpensesPerForm990Amt03787402
IRS990ScheduleD/TotalRevenuePerForm990Amt03693622
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03734069
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03787402
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS AVAILABLE FOR BOARD MEMBERS TO REVIEW UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1STATEMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS AVAILABLE FOR BOARD MEMBERS TO REVIEW UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990 - PART VI - SECTION B - LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 - PART VI - SECTION C - LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt011063987
IRS990/TotalAssetsEOYAmt07756746
IRS990/TotalAssetsGrp/BOYAmt011063987
IRS990/TotalAssetsGrp/EOYAmt07756746
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024174
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03763228
IRS990/TotalFunctionalExpensesGrp/TotalAmt03787402
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09519462
IRS990/TotalLiabilitiesEOYAmt06265554
IRS990/TotalLiabilitiesGrp/BOYAmt09519462
IRS990/TotalLiabilitiesGrp/EOYAmt06265554
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01544525
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01491192
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt03763228
IRS990/TotalProgramServiceRevenueAmt03681077
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt012545
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03681077
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03693622
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt011063987
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07756746
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01544525
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01491192
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10PO BOX 262
IRS990/USAddress/City0BANGOR
IRS990/USAddress/State0ME
IRS990/USAddress/ZIPCode0044020262
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFF SPAULDING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02079471160
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine10BANGOR TARGET AREA DEVELOPMENT CORP
ReturnHeader/Filer/BusinessNameControlTxt0BANG
ReturnHeader/Filer/EIN0237307277
ReturnHeader/Filer/PhoneNum02079477948
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 262
ReturnHeader/Filer/USAddress/City0BANGOR
ReturnHeader/Filer/USAddress/State0ME
ReturnHeader/Filer/USAddress/ZIPCode0044020262
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010271013
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10HAVERLOCK ESTEY & CURRAN LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine108 COMMERCE COURT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0HAMPDEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0044441538
ReturnHeader/PreparerPersonGrp/PhoneNum02079455695
ReturnHeader/PreparerPersonGrp/PreparationDt02014-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VICKI J VINCENT
ReturnHeader/ReturnTs02014-11-05T14:23:58-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,756,746
Liabilities
$6,265,554
Net assets
$1,491,192
Revenue
$3,693,622
Expenses
$3,787,402
Net income
-$93,780
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.24$1.39$0.32$0.36$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.26$1.38$0.29$0.34$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.30$1.47$0.27$0.35$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.85$0.32$1.53$0.25$0.33$0.08
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$0.33$1.59$0.28$0.32$0.04
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.21$1.06$0.22$0.28$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.39$0.24$1.15$2.53$2.63$0.10
2014Detailed filing. Detailed filing data is available for this year.$4.16$2.89$1.27$3.67$3.77$0.11
2013Detailed filing. Detailed filing data is available for this year.$7.76$6.27$1.49$3.69$3.79$0.09