Mid-Coast Economic Development Council

Organization Overview

Mid-Coast Economic Development Council is located in Wiscasset, ME. The organization was established in 1989. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mid-Coast Economic Development Council is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending undefined, Mid-Coast Economic Development Council generated $167.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $170.0k during the year ending undefined. While expenses have increased by 5.1% 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 990EZ Filing

TAX YEAR

N/A

Describe the Organization's Program Activity:

Part 3

REGIONAL MARKETING & TOURISM PROGRAMS


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$167,233
Total Program Service Revenue$0
Membership dues$0
Investment income $15
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$167,248

Peer Organizations

Organization NameAssets
Northern Maine Development Commission Inc
Caribou, ME
$27,868,170
Granite State Economic Development Corp
Portsmouth, NH
$9,828,396
Eastern Maine Development Corporation
Bangor, ME
$6,477,472
Maine Tourism Association
Hallowell, ME
$3,087,097
Maine Development Foundation
Hallowell, ME
$2,803,285
Maine Manufacturing Extension Partnership
Augusta, ME
$2,329,634
Rockingham Economic Development Corporation
Raymond, NH
$2,038,192
Convention Visitors Bureau Of Greater Portland
Portland, ME
$1,501,947
Live Work Maine Inc
Brunswick, ME
$2,254,935
Main Street Skowhegan
Skowhegan, ME
$797,586
Kennebec Valley Council Of Governments
Fairfield, ME
$1,583,667
Central Maine Growth Council
Waterville, ME
$1,108,572
Grafton County Economic Development Council
Plymouth, NH
$588,144
Wentworth Economic Development Corporation Inc
Wolfeboro, NH
$581,662
New Hampshire Lodging And Resturant Association
Concord, NH
$625,024
Walpole Foundation
Walpole, NH
$789,531
Lewiston Auburn Metropolitan Chamber Of Commerce Foundation
Lewiston, ME
$1,897,329
Kore Venture Inc
Salem, NH
$572,013
Champions Of New Hampshire Farms
Concord, NH
$631,295
Ogunguit Chamber Of Commerce
Ogunquit, ME
$980,197
Saco Main Street Inc
Saco, ME
$358,024
Coos Economic Development Corporation
Lancaster, NH
$494,905
Mt Washington Valley Economic Council
Conway, NH
$143,655
Intown Concord
Concord, NH
$292,166
Maines Lakes And Mountains Tourism Council
Auburn, ME
$206,352

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