Central Maine Bible Conference
- Assets
- $2.0m
- Revenue
- $729.3k
- Investments
- $0.0
- Employees
- 47
- Location
- Brooks, ME
- Founding
- 09/1967
- Data as of
- 12/2023
- EIN
- 01-0274746
Organization Overview
Central Maine Bible Conference is located in Brooks, ME. The organization was established in 1967. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Central Maine Bible Conference employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Maine Bible Conference is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Central Maine Bible Conference generated $729.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $553.9k during the year ending 12/2023. While expenses have increased by 2.7% 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
IT IS OUR MISSION TO PROMOTE PHYSICAL, SOCIAL AND SPIRITUAL DEVELOPMENT OF ALL WHO UTILIZE OUR PROGRAMS AND FACILITIES RESULTING IN A GROWING RELATIONSHIP WITH JESUS CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CENTRAL MAINE BIBLE CONFERENCE OPERATES FAIR HAVEN CAMPS THROUGHOUT THE YEAR SERVING CHILDREN AND ADULTS. DURING THE SUMMER, FAIR HAVEN CAMPS HAS 8 WEEKS OF YOUTH SUMMER CAMPS. THE ORGANIZATION PROVIDES SCHOLARSHIP AT A REDUCED RATE OR AT NO COST TO MANY CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ian Jewett Director | Trustee | 1 | $0 |
Daryl Mckinney Director | OfficerTrustee | 1 | $0 |
Aaron Littlefield Director | Trustee | 1.5 | $0 |
Kathie Nelson Director | Trustee | 1.5 | $0 |
Joshua Snowman Director | Trustee | 1.5 | $0 |
Anne Lowe Director | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $455,947 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $455,947 |
| Total Program Service Revenue | $218,771 |
| Investment income | $849 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $53,761 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $729,328 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $29,423 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $140,572 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,923 |
| Payroll taxes | $13,005 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,743 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $285 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,313 |
| Office expenses | $17,930 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $68,853 |
| Travel | $360 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $101 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,364 |
| Insurance | $16,780 |
| All other expenses | $53,089 |
| Total functional expenses | $553,949 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $153,714 |
| Savings and temporary cash investments | $40,350 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,805 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,738,722 |
| Investments—publicly traded securities | $32,150 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,968,741 |
| Accounts payable and accrued expenses | $3,778 |
| Grants payable | $0 |
| Deferred revenue | $298 |
| 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 | $376 |
| Total liabilities | $4,452 |
| Net assets without donor restrictions | $1,964,289 |
| Net assets with donor restrictions | $0 |
| 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 | $1,968,741 |