Augusta Board Of Trade

Organization Overview

Augusta Board Of Trade is located in Augusta, ME. The organization was established in 1975. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, 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. Augusta Board Of Trade is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2021, Augusta Board Of Trade generated $68.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 44.7% each year . All expenses for the organization totaled $47.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

COORDINATE BUSINESS ACTIVITY IN AUGUSTA

Describe the Organization's Program Activity:

Part 3 - Line 4a

AUGUSTA BOARD OF TRADE COORDINATES THE PHYSICAL LOCATION OF INDUSTRY, MANUFACTURING AND OTHER BUSINESSES TO THE AUGUSTA, MAINE AREA.


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Board, Officers & Key Employees

Name (title)Compensation
Raegan F Larochelle
Executive Di
$15,000
Alex Serra
Former Execu
$15,000
Scott A Small CPA
Treasurer
$0
Lester Wilkinson ESQ
Secretary
$0
James Bass ESQ
Vice Preside
$0
Andrew E Silsby
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $7,090
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $61,582
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $68,672

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