Milbridge Residence is located in Machias, ME. The organization was established in 1996. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milbridge Residence 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 undefined, Milbridge Residence generated $113.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $109.1k during the year ending undefined. While expenses have increased by 1.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
MILBRIDGE RESIDENCE OPERATES A 6 UNIT HOUSING COMPLEX WHICH PROVIDES RESIDENTIAL SERVICES TO ADULTS WITH DISABILITIES IN MILBRIDGE, MAINE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ron Jenkins Vice President | 1 | $0 | |
Bill Cody President | 1 | $0 | |
Thomas Michaud Jr Exec Dir | 1 | $0 | |
M Todd Smith Director | 1 | $0 | |
Patricia Sammer Sectreas | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $112,900 |
Membership dues | $0 |
Investment income | $116 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $113,016 |
Statement of Expenses | |
---|---|
Total expenses | $109,123 |
Balance Sheet | |
---|---|
Total assets | $371,011 |
Total liabilities | $19,417 |
Net assets or fund balances | $351,594 |
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