Sunrise County Economic Council

Organization Overview

Sunrise County Economic Council is located in Machias, ME. The organization was established in 1995. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2023, Sunrise County Economic Council employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sunrise County Economic Council 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 09/2023, Sunrise County Economic Council generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $3.9m during the year ending 09/2023. While expenses have increased by 24.1% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE SCEC INITIATES AND FACILITATES THE CREATION OF JOBS AND PROSPERITY IN WASHINGTON COUNTY, MAINE BY WORKING WITH A CONSORTIUM OF COMMUNITY-MINDED BUSINESSES, NOT-FOR-PROFIT ORGANIZATIONS, MUNICIPALITIES AND CITIZENS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FAMILY FUTURES DOWNEAST & STARTUP DOWNEAST - PROMOTING POST-SECONDARY EDUCATION FOR PARENTS AND EARLY CHILDHOOD EDUCATION FOR THEIR CHILDREN AS A MEANS TO REDUCE POVERTY, CREATE EMPLOYMENT OPPORTUNITIES AND IMPROVE STABILITY IN WASHINGTON COUNTY, MAINE FAMILIES. EMPOWERING INDIVIDUALS THROUGH COLLEGE CAREERS TO EMPLOYMENT AND SMALL BUSINESS OWNERSHIP.


DOWNEAST FISHERIES PARTNERSHIP GRANTS - ON A MISSION TO STRENGTHEN DOWNEAST MAINE COMMUNITIES BY RESTORING A STRONG AND RESILIENT ECOSYSTEM AND OUR REGIONAL FISHERIES ECONOMY.


SCEC ADMINISTERS VARIOUS OTHER PROGRAMS AND INTIATIVES LIKE THE WHOLE FAMILY TO JOBS PROGRAM, COMMUNITY BROADBAND TECHNICAL ASSISTANCE AND THE PROCUREMENT TECHNICAL ASSISTANCE CENTER (PTAC) PROGRAM.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
King Construction Services Inc
Construction
$743,525
Washington County Adult & Community
Fed Subcontract
$184,208
Downeast Community Partners
Ffd Subcontract
$140,570
Community Caring Collaborative
Ffd Subcontract
$125,718
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,570,795
All other contributions, gifts, grants, and similar amounts not included above$1,373,566
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,944,361
Total Program Service Revenue$185,429
Investment income $60,029
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $19,875
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 $4,212,180

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