Gulf Of Maine Institute Inc
- Assets
- $77.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Newbury, MA
- Founding
- 09/2002
- Data as of
- 12/2022
- EIN
- 03-0446859
Organization Overview
Gulf Of Maine Institute Inc is located in West Newbury, MA. The organization was established in 2002. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gulf Of Maine Institute 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 12/2022, Gulf Of Maine Institute Inc generated $159.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $116.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
DEVELOPMENT OF COMMUNITY BASED INITITATIVE TEAMS THROUGHOUT THE GULF OF MAINE WATERSHED VIA LOCAL ENVIRONMENTAL GROUPS AND SCHOOL SYSTEMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shari Melto Director | 1 | $0 | |
John Halloran Director | 5 | $0 | |
Graham Daborn Director | 1 | $0 | |
Rachel Ameen Director | 1 | $5,000 | |
Pam Morgan Director | 1 | $0 | |
Alicia Hennesse Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $159,350 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $159,350 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $43,390 |
| Professional fees and other payments to independent contractors | $19,171 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $54,230 |
| Total expenses | $116,791 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,835 |
| Other assets | $0 |
| Total assets | $77,845 |
| Total liabilities | $0 |
| Net assets or fund balances | $77,845 |