Downeast Transportation Inc
- Assets
- $9.9m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 105
- Location
- Ellsworth, ME
- Founding
- 00/0000
- Data as of
- 06/2023
- EIN
- 01-0371992
Organization Overview
Downeast Transportation Inc is located in Ellsworth, ME. The organization was established in 0000. According to its NTEE Classification (P52) the organization is classified as: Transportation Assistance, under the broad grouping of Human Services and related organizations. As of 06/2023, Downeast Transportation Inc employed 105 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downeast Transportation 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 06/2023, Downeast Transportation Inc generated $5.2m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $5.1m during the year ending 06/2023. While expenses have increased by 5.9% per year over the past 4 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
TO PROVIDE FIXED ROUTE, PUBLIC TRANSPORTATION SERVICES IN AND AROUND HANCOCK COUNTY, MAINE IN ORDER TO GIVE RURAL COMMUNITIES IMPROVED ACCESS TO WORK,SHOPPING, MEDICAL, HUMAN AND GOVERNMENT SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
YEAR-ROUND COUNTY-WIDE BUS SERVICE - DOWNEAST TRANSPORTATION PROVIDES POPULAR YEAR-ROUND SHOPPING TRIPS TO ELLSWORTH AND BANGOR, AND IN-TOWN SHUTTLE SERVICE FOR BUCKSPORT, ELLSWORTH, BAR HARBOR AND SOUTHWEST HARBOR
ISLAND EXPLORER - AN ALTERNATIVELY FUELED BUS SYSTEM IN AND AROUND ACADIA NATIONAL PARK. THIS IS ONE OF THE MOST SUCCESSFUL RURAL TRANSPORTATION SYSTEMS IN THE U.S. THE ISLAND EXPLORER FEATURES EIGHT BUS ROUTES LINKING HOTELS, INN, AND CAMPGROUNDS WITH DESTINATIONS IN ACADIA NATIONAL PARK AND NEIGHBORING VILLAGE CENTERS. CLEAN PROPANE-POWERED VEHICLES OFFER MOUNT DESERT ISLAND VISITORS AND RESIDENTS FREE TRANSPORTATION TO HIKING TRAILS, CARRIAGE ROADS, ISLAND BEACHES, AND IN-TOWN SHOPS AND RESTAURANTS.
COMMUTER PROGRAM - IN 2003, DOWNEAST TRANSPORTATION BEGAN A VERY SUCCESSFUL JOBS ACCESS AND REVERSE COMMUTE PROGRAM IN PARTNERSHIP WITH THE JACKSON LABORATORY, HANCOCK COUNTY'S LARGEST EMPLOYER. THIS FEDERAL PROGRAM ADDRESSES THE UNIQUE TRANSPORTATION CHALLENGES FACED BY WELFARE RECIPIENTS AND LOW-INCOME PERSONS SEEKING TO OBTAIN AND MAINTAIN EMPLOYMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Bennett Director | Trustee | 1 | $0 |
Stephanie Clement President | OfficerTrustee | 2 | $0 |
Donald Cooper Director | Trustee | 1 | $0 |
Peter Drinkwater Director | Trustee | 1 | $0 |
William Gawley Secretary | OfficerTrustee | 1 | $0 |
Adam Gibson Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,649,655 |
| All other contributions, gifts, grants, and similar amounts not included above | $722,141 |
| Noncash contributions included in lines 1a–1f | $1,325,351 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,371,796 |
| Total Program Service Revenue | $807,174 |
| Investment income | $455 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $5,186,782 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,935,047 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $262,728 |
| Payroll taxes | $176,492 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $102,379 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $32,214 |
| Office expenses | $24,202 |
| Information technology | $13,077 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $988,081 |
| Insurance | $315,829 |
| All other expenses | $71,339 |
| Total functional expenses | $5,091,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $667,701 |
| Savings and temporary cash investments | $302,087 |
| Pledges and grants receivable | $1,327,986 |
| Accounts receivable, net | $1,300 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,789 |
| Prepaid expenses and deferred charges | $140,495 |
| Net Land, buildings, and equipment | $7,358,395 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $117,880 |
| Total assets | $9,928,633 |
| Accounts payable and accrued expenses | $274,378 |
| Grants payable | $0 |
| Deferred revenue | $108,362 |
| 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 | $117,880 |
| Total liabilities | $500,620 |
| Net assets without donor restrictions | $8,525,412 |
| Net assets with donor restrictions | $902,601 |
| 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 | $9,928,633 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Maine Transportation Services Inc Auburn, ME | $8,989,378 | $8,486,225 |
Downeast Transportation Inc Ellsworth, ME | $9,928,633 | $5,186,782 |
Regional Transportation Program Inc Westbrook, ME | $6,516,225 | $3,436,359 |
Aroostook Regional Transportation System Inc Presque Isle, ME | $3,986,423 | $2,360,457 |
Greater Salem Caregivers Salem, NH | $394,372 | $147,827 |
Ready Rides Northwood, NH | $79,998 | $0 |
Maine Association For Pupil Transportation Farmington, ME | $103,539 | $0 |
Greater Laconia Transit Agency Laconia, NH | $184,234 | $0 |
Heart Systems Incorporated Atkinson, NH | $131,161 | $26,460 |