Biscay Road Corporation
- Assets
- $248.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saco, ME
- Founding
- 04/1999
- Data as of
- 06/2023
- EIN
- 01-0523782
Organization Overview
Biscay Road Corporation is located in Saco, ME. The organization was established in 1999. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biscay Road Corporation 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, Biscay Road Corporation generated $46.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $74.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 8 years. 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDES SIX UNITS OF RESIDENTIAL HOUSING TO QUALIFIED ADULTS WITH DEVELOPMENTAL DISABILITIES IN THE DAMARISCOTTA AND MID-COAST MAINE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas E Woodbury President | 0.1 | $0 | |
John Mcanuff Treasurer | 0.1 | $0 | |
Rita Defio Secretary | 0.1 | $0 | |
Rose Giacchino Board Member | 0.1 | $0 | |
Cheryl Daigle Past Board Member | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $46,357 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,362 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $10,601 |
| Occupancy, rent, utilities, and maintenance | $63,305 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $288 |
| Total expenses | $74,194 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,722 |
| Other assets | $0 |
| Total assets | $248,518 |
| Total liabilities | $666,147 |
| Net assets or fund balances | -$417,629 |