Facilities Inc
- Assets
- $2.2m
- Revenue
- $536.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Caribou, ME
- Founding
- 08/1981
- Data as of
- 09/2022
- EIN
- 01-0369793
Organization Overview
Facilities Inc is located in Caribou, ME. The organization was established in 1981. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 09/2022, Facilities Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Facilities Inc 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 09/2022, Facilities Inc generated $536.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $278.1k during the year ending 09/2022. While expenses have increased by 5.5% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FACILITY RENTAL TO NON-PROFITS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING RENTAL UNITS AND CONSULTING SERVICES TO OTHER NON-PROFIT ORGANIZATIONS ON VARIOUS RESIDENTIAL FACILITIES AVAILABLE.
ENCOURAGING PEOPLE FROM AROOSTOOK COUNTY TO PURSUE POST-SECONDARY EDUCATION IN THE FIELDS OF MENTAL HEALTH, SUBSTANCE ABUSE, AND SPEECH/LANGUAGE WITH THE INTENTION OF RETURNING TO AROOSTOOK COUNTY TO PRACTICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathan Grass Secretary/tr | Trustee | 2 | $4,200 |
Todd Pelletier Board Member | Trustee | 1 | $2,400 |
Doug Plourde President | Trustee | 1 | $2,400 |
John Swanberg Vice Preside | Trustee | 0.5 | $1,400 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $1,305 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $160,717 |
| Net Gain/Loss on Asset Sales | $350,144 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $536,859 |
| 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. | $87,246 |
| Compensation of current officers, directors, key employees. | $31,705 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $102,050 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,360 |
| Payroll taxes | $16,367 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,996 |
| Fees for services: Accounting | $3,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $11,864 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,107 |
| Travel | $13,002 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,600 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $278,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50 |
| Savings and temporary cash investments | $461,997 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,743 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $63,266 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,709,556 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,719 |
| Other assets | $0 |
| Total assets | $2,248,331 |
| Accounts payable and accrued expenses | $18,503 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $53,716 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $37,997 |
| Total liabilities | $110,216 |
| Net assets without donor restrictions | $1,786,622 |
| Net assets with donor restrictions | $351,493 |
| 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 | $2,248,331 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Maine Planning And Development Commission Saco, ME | $7,392,568 | $43,559,874 |
Birch Bay Retirement Village Bar Harbor, ME | $6,319,891 | $5,713,301 |
Mid Coast Hunger Prevention Program Inc Brunswick, ME | $3,968,249 | $4,595,930 |
Onion Foundation Wayne, ME | $0 | $6,147,695 |
Home Health Care And Community Services Inc Keene, NH | $19,374,838 | $5,076,272 |
National Partnership For Environmental Technology Education South Portland, ME | $643,333 | $2,940,774 |
Plowshare Farm Inc Greenfield, NH | $6,398,748 | $2,051,436 |
Androscoggin Valley Home Care Services Berlin, NH | $661,119 | $984,451 |
Maine Center For Enterprise Development Portland, ME | $380,716 | $1,053,182 |
New Hampshire Alcohol And Drug Abuse Counselors Association Concord, NH | $217,356 | $700,557 |
Salt Pond Community Broadcasting Company East Orland, ME | $732,028 | $749,368 |
New Hampshire East Youth Hockey Exeter, NH | $419,438 | $399,540 |