Civic Intelligence

Eastern Slope Airport Authority

EIN 81-0806858 • 501(c)4 • Fryeburg, ME

Profile

RURAL, REGIONAL AIRPORT.

PO Box 334Fryeburg, ME 04037

easternslopeairport.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

71st percentile

0.20x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

84th percentile

0.74x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Net Margin

89th percentile

54%

Higher net margin than 89% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

88th percentile

30%

Faster asset growth than 88% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

152%

Faster revenue growth than 94% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,088,182

Up $951,614 (+30%) from 2023

Liabilities

Up

$830,413

Up $353,169 (+74%) from 2023

Net Assets

Up

$3,257,769

Up $598,445 (+23%) from 2023

Revenue

Up

$1,117,835

Up $673,569 (+152%) from 2023

Expenses

Up

$519,390

Up $108,137 (+26%) from 2023

Net Income

Up

$598,445

Up $565,432 (+1713%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2016: $567,492Liabilities 2016: $73,362Net Assets 2016: $494,1302016Assets 2017: $495,148Liabilities 2017: $80,258Net Assets 2017: $414,8902017Assets 2018: $452,373Liabilities 2018: $97,075Net Assets 2018: $355,2982018Assets 2019: $321,604Liabilities 2019: $17,603Net Assets 2019: $304,0012019Assets 2020: $579,604Liabilities 2020: $9,247Net Assets 2020: $570,3572020Assets 2021: $2,768,898Liabilities 2021: $972,215Net Assets 2021: $1,796,6832021Assets 2022: $3,122,638Liabilities 2022: $496,327Net Assets 2022: $2,626,3112022Assets 2023: $3,136,568Liabilities 2023: $477,244Net Assets 2023: $2,659,3242023Assets 2024: $4,088,182Liabilities 2024: $830,413Net Assets 2024: $3,257,7692024

Highlighted filing

2024

Assets$4,088,182
Liabilities$830,413
Net Assets$3,257,769

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2016: $144,932Expenses 2016: $237,892Net Income 2016: -$92,9602016Revenue 2017: $206,704Expenses 2017: $285,944Net Income 2017: -$79,2402017Revenue 2018: $206,787Expenses 2018: $266,379Net Income 2018: -$59,5922018Revenue 2019: $189,366Expenses 2019: $240,663Net Income 2019: -$51,2972019Revenue 2020: $461,594Expenses 2020: $195,238Net Income 2020: $266,3562020Revenue 2021: $1,423,798Expenses 2021: $197,472Net Income 2021: $1,226,3262021Revenue 2022: $1,335,648Expenses 2022: $506,020Net Income 2022: $829,6282022Revenue 2023: $444,266Expenses 2023: $411,253Net Income 2023: $33,0132023Revenue 2024: $1,117,835Expenses 2024: $519,390Net Income 2024: $598,4452024

Highlighted filing

2024

Revenue$1,117,835
Expenses$519,390
Net Income$598,445

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$1,274,731
Mission and Program Overview

Mission

RURAL, REGIONAL AIRPORT.

To manage and operate a small rural airport to serve the regional community and economy of oxford county, maine and carroll county, nh.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,697,059$2,613,008▼ $84,051
Inventories for Sale or Use$102,170$206,951▲ $104,781
Savings and Temporary Cash Investments$196,282$21,514▼ $174,768
Cash and Non-Interest-Bearing Accounts$16,055$15,716▼ $339
Accounts Receivable$1,722$0▼ $1,722
Total Assets$3,136,568$4,088,182▲ $951,614
Other Assets Total$123,280$1,230,993▲ $1,107,713
Liabilities
Mortgage Notes Payable Secured by Investment Property$447,163$432,665▼ $14,498
Accounts Payable and Accrued Expenses$30,081$397,748▲ $367,667
Total Liabilities$477,244$830,413▲ $353,169
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,659,324$3,257,769▲ $598,445
Total Net Assets Fund Balance$2,659,324$3,257,769▲ $598,445
Total Liabilities and Net Assets / Fund Balance$3,136,568$4,088,182▲ $951,614

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,532,925$133,312$2,666,237
Equipment$25,316$513,123$538,439
Other Land Buildings$54,767$26,333$81,100
Other Assets Org$1,230,993--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Don ThibodeauPresident
Carl ThibodeauVice President
Barry KallanderDirector
David SorensenDirector
Elbridge RussellDirector
Eric MeltzerDirector
Ryan ShepherdDirector
Steve SteinerDirector
Ron BriggsSecretary
Gene BergoffenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$789,756
Program Service Revenue
$117,749
Investment Income
$44,000
Other Revenue
$166,330
All Other Contributions
$18,024
Change in Net Assets
$598,445

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,117,835
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,117,835
Total Revenue per Form 990
$1,117,835
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$444,928
Salaries, Compensation, and Employee Benefits$74,462
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$84,051--$84,051
Other Salaries and Wages$68,897--$68,897
Fees for Services Management-$38,551-$38,551
Insurance$29,890$1,500-$31,390
Fees for Services Other-$16,509-$16,509
All Other Expenses$7,268$5,985-$13,253
Fees for Services Accounting-$11,030-$11,030
Interest$9,919--$9,919
Office Expenses-$7,749-$7,749
Travel$7,239--$7,239
Payroll Taxes$5,565--$5,565
Other Expenses$3,662$1,221-$4,883
Advertising-$1,206-$1,206
Total Functional Expenses$435,639$83,751$0$519,390

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$519,390
Total Expenses per Audited Statements$519,390
Total Expenses per Form 990$519,390
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
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
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 11B

A copy of the form 990 is provided to the board of directors prior to the return being filed with irs.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Eastern Slope Airport Authority
EIN
81-0806858
Phone
2079357948
Address
PO BOX 334, FRYEBURG, ME 04037

Signing Officer

Name
Gene Bergoffen
Title
Treasurer
Phone
2079354440
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Don Thibodeau
Formed
1960
Legal Domicile
Me
Voting Board Members
10
Independent Board Members
10
Employees
4
Volunteers
10

Preparer

Firm
Gamwell Caputo Kelsch & Co Pllc
Address
481 WHITE MOUNTAIN HIGHWAY, CONWAY, NH 03818
Preparer
David a Caputo CPA
Phone
6034473356
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Diesel fuel: program service expenses 4,709. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,709. Bank and credit card expenses: program service expenses 0. Management and general expenses 3,227. Fundraising expenses 0. Total expenses 3,227. Dues and subscriptions: program service expenses 0. Management and general expenses 2,480. Fundraising expenses 0. Total expenses 2,480. Taxes and licenses: program service expenses 2,281. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,281. Postage: program service expenses 278. Management and general expenses 278. Fundraising expenses 0. Total expenses 556.

Financial Statement Notes

PART X, LINE 2:

The authority is exempt from federal income taxes under section 501(c)(4) of the internal revenue code and applicable state law. The accounting standards on accounting for uncertainty in income taxes address the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the authority may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the authority and various positions related to the potential sources of unrelated business taxable income. The tax benefits recognized in the financial statements from a tax position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. Management believes that there were no potential sources of unrelated business taxable income subject to tax for the years ended december 31, 2024. Accordingly, no provision for income taxes has been made.

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IRS990/ProgramServiceRevenueGrp/Desc0HANGAR AND PARKING REN
IRS990/ProgramServiceRevenueGrp/Desc1LAND LEASE
IRS990/ProgramServiceRevenueGrp/Desc2OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt098697
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt117188
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21864
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt098697
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt117188
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21864
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0116791
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0144
IRS990/PYOtherExpensesAmt0336241
IRS990/PYOtherRevenueAmt0182945
IRS990/PYProgramServiceRevenueAmt0144386
IRS990/PYRevenuesLessExpensesAmt033013
IRS990/PYSalariesCompEmpBnftPaidAmt075012
IRS990/PYTotalExpensesAmt0411253
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0444266
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0598445
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt06600
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0328079
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0196282
IRS990/SavingsAndTempCashInvstGrp/EOYAmt021514
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02532925
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0133312
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02666237
IRS990ScheduleD/EquipmentGrp/BookValueAmt025316
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0513123
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0538439
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0519390
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01230993
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt054767
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt026333
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt081100
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01117835
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE AUTHORITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. THE ACCOUNTING STANDARDS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESS THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE AUTHORITY MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE AUTHORITY AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM A TAX POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. MANAGEMENT BELIEVES THAT THERE WERE NO POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME SUBJECT TO TAX FOR THE YEARS ENDED DECEMBER 31, 2024. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02613008
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01230993
IRS990ScheduleD/TotalExpensesPerForm990Amt0519390
IRS990ScheduleD/TotalRevenuePerForm990Amt01117835
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01117835
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0519390
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO THE RETURN BEING FILED WITH IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIESEL FUEL: PROGRAM SERVICE EXPENSES 4,709. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,709. BANK AND CREDIT CARD EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,227. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,227. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,480. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,480. TAXES AND LICENSES: PROGRAM SERVICE EXPENSES 2,281. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,281. POSTAGE: PROGRAM SERVICE EXPENSES 278. MANAGEMENT AND GENERAL EXPENSES 278. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 556.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0ME
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03136568
IRS990/TotalAssetsEOYAmt04088182
IRS990/TotalAssetsGrp/BOYAmt03136568
IRS990/TotalAssetsGrp/EOYAmt04088182
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0789756
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt083751
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0435639
IRS990/TotalFunctionalExpensesGrp/TotalAmt0519390
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0477244
IRS990/TotalLiabilitiesEOYAmt0830413
IRS990/TotalLiabilitiesGrp/BOYAmt0477244
IRS990/TotalLiabilitiesGrp/EOYAmt0830413
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02659324
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03257769
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0435639
IRS990/TotalProgramServiceRevenueAmt0117749
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0328079
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01117835
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03136568
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04088182
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt07239
IRS990/TravelGrp/TotalAmt07239
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 334
IRS990/USAddress/CityNm0FRYEBURG
IRS990/USAddress/StateAbbreviationCd0ME
IRS990/USAddress/ZIPCd004037
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0EASTERNSLOPEAIRPORT.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GENE BERGOFFEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02079354440
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EASTERN SLOPE AIRPORT AUTHORITY
ReturnHeader/Filer/BusinessNameControlTxt0EAST
ReturnHeader/Filer/EIN0810806858
ReturnHeader/Filer/PhoneNum02079357948
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 334
ReturnHeader/Filer/USAddress/CityNm0FRYEBURG

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