Nordica Memorial Association Inc
- Assets
- $754.6k
- Revenue
- $10.1k
- Investments
- $263.6k
- Employees
- 0
- Location
- Farmington, ME
- Founding
- 12/1952
- Data as of
- 06/2022
- EIN
- 23-7128638
Organization Overview
Nordica Memorial Association Inc is located in Farmington, ME. The organization was established in 1952. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nordica Memorial Association 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 06/2022, Nordica Memorial Association Inc generated $10.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $15.5k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MUSEUM OPERATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM OPERATION - NORDICA HOMESTEAD
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Wright Secretary | 0 | $0 | |
Richard Morton Director | 0 | $0 | |
Sara Sloane Director | 0 | $0 | |
Jennifer Colby-Morse Director | 0 | $0 | |
Valerie Huebner Director | 0 | $0 | |
Donna Bogardus Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,181 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,868 |
| Capital Gain Net Income | $3,868 |
| Net ST Capital Gain | $3,868 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $100 |
| Other Income | $0 |
| Total Revenue | $10,149 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,965 |
| Depreciation | $0 |
| Occupancy | $4,540 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,185 |
| Total operating and administrative expenses | $15,513 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $15,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,423 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $13,181 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $475,470 |
| Other assets | $0 |
| Total assets | $754,624 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maine Historical Society Portland, ME | $13,012,568 | $2,642,638 |
Historic Harrisville Inc Harrisville, NH | $5,745,730 | $1,134,917 |
New England Electric Railway Historical Society Kennebunkport, ME | $8,628,809 | $3,104,228 |
Old York Historical Society York, ME | $9,131,743 | $731,758 |
Portsmouth Historical Society Portsmouth, NH | $3,776,411 | $3,186,969 |
Historical Society Of Cheshire Cty Keene, NH | $6,912,081 | $683,273 |
Victoria Mansion Portland, ME | $7,456,026 | $975,130 |
Greater Portland Landmarks Inc Portland, ME | $2,715,292 | $431,780 |
Maine Preservation Yarmouth, ME | $1,039,325 | $459,368 |
Castine Historical Society Inc Castine, ME | $8,350,405 | $605,426 |
Trustees Of Bloomfield Academy Skowhegan, ME | $2,438,254 | $591,288 |
Rockland Historical Society Rockland, ME | $48,909 | $54,735 |