Maine Grocers & Food Producers Association
- Assets
- $132.8k
- Revenue
- $196.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Augusta, ME
- Founding
- 08/1983
- Data as of
- 12/2023
- EIN
- 01-0165097
Organization Overview
Maine Grocers & Food Producers Association is located in Augusta, ME. The organization was established in 1983. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Grocers & Food Producers Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Maine Grocers & Food Producers Association generated $196.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $166.3k during the year ending 12/2023. While expenses have increased by 0.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE A COMMUNITY DEDICATED TO THE PROSPERITY OF MAINE'S GROCERY AND FOOD PRODUCER INDUSTRY THROUGH EXCELLENCE IN ADVOCACY, NETWORKING AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, THE ASSOCIATION (MGFPA) FULFILLED OUR MISSION BY PROVIDING FULL- TIME LOBBYING DURING THE LEGISLATIVE SESSION AND YEAR-ROUND POLICY WORK AS IT RELATES TO RULE-MAKING AND STAKEHOLDER DISCUSSIONS. WE CONVENED SUB- COMMITTEES AND SOUGHT INPUT FROM MEMBERS TO PROVIDE RELEVANT TESTIMONY AND FEEDBACK FOR POLICY CREATION. MGFPA PROVIDED WEEKLY LEGISLATIVE UPDATES AND MEMBER COMMUNICATIONS THROUGHOUT THE YEAR TO KEEP MEMBERS APPRISED OF INDUSTRY NEWS, GRANT OPPORTUNITIES, AND EVENTS. WE PROVIDED MULTIPLE EDUCATIONAL WEBINARS WHICH INCLUDED TIMELY AND CRITICAL INFORMATION FOR BUSINESSES TO REMAIN LEGALLY COMPLIANT AS WELL AS INDUSTRY EXPERTS. MGFPA COORDINATED OUR ANNUAL SPRING LEGISLATIVE "DAY UNDER THE DOME" FOR NETWORKING WITH THE LEGISLATURE; GOLF TOURNAMENT AND SUMMIT EVENT. OUR EVENTS DREW A STRONG CROSS-SECTOR OF OUR MEMBERSHIP AND OFFERED PROFESSIONAL DEVELOPMENT AND NETWORKING OPPORTUNITIES. MGFPA GRANTED THREE 1,000 COLLEGE SCHOLARSHIPS TO QUALIFYING HIGH SCHOOL STUDENTS TO FURTHER THEIR EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Beaudry Director | Trustee | 0.25 | $0 |
Kim Brackett Director | Trustee | 0.25 | $0 |
Louis Del Conte Director | Trustee | 0.25 | $0 |
Mike St Cyr Director | Trustee | 0.25 | $0 |
Rick Gowell Director | Trustee | 0.25 | $0 |
Casey Hughes Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $17,019 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $63,190 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,209 |
| Total Program Service Revenue | $116,720 |
| Investment income | $59 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$773 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $196,226 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $145,789 |
| Fees for services: Legal | $35 |
| Fees for services: Accounting | $1,195 |
| Fees for services: Lobbying | $275 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $56 |
| Office expenses | $3,155 |
| Information technology | $381 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,361 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,186 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,899 |
| All other expenses | $0 |
| Total functional expenses | $166,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,367 |
| Savings and temporary cash investments | $24,692 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,588 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,105 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $132,752 |
| Accounts payable and accrued expenses | $6,658 |
| Grants payable | $0 |
| Deferred revenue | $4,310 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,968 |
| Net assets without donor restrictions | $108,852 |
| Net assets with donor restrictions | $12,932 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $132,752 |