Town Of Mount Desert Community Development Corporation
- Assets
- $56.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Northeast Harbor, ME
- Founding
- 06/2017
- Data as of
- 12/2019
- EIN
- 82-1187380
Organization Overview
Town Of Mount Desert Community Development Corporation is located in Northeast Harbor, ME. The organization was established in 2017. 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. Town Of Mount Desert Community Development 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 12/2019, Town Of Mount Desert Community Development Corporation generated $38.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $21.9k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (14.5%) per year over the past 2 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
2019
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE HEALTH AND WELL BEING OF THE RESIDENTS OF THE TOWN OF MT DESERT THROUGH PUBLIC INFRASTRUCTURE IMPROVEMENTS, HISTORIC PRESERVATION AND COMMUNITY BEAUTIFICATION EFFORTS, AND OTHER ACTIVITIES THAT FOSTER A HEALTHLY AND SUSTAINABLE YEAR-ROUND COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Mckay Treasurer | 0 | $0 | |
Nancy Ho President | 0 | $0 | |
Sam Mcgee Director | 0 | $0 | |
Wendy Wood Director | 0 | $0 | |
Donald Graves Secretary | 0 | $0 | |
Minot Weld Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,525 |
| 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 | $38,525 |
| 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 | $21,884 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $21,884 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,619 |
| Other assets | $0 |
| Total assets | $56,619 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,619 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Granite State Economic Development Corp Portsmouth, NH | $20,832,618 | $9,324,758 |
Maine Development Foundation Hallowell, ME | $970,799 | $2,681,444 |
Maine Tourism Association Hallowell, ME | $2,552,212 | $2,806,092 |
Maine Manufacturing Extension Partnership Augusta, ME | $1,279,245 | $1,939,009 |
Rockingham Economic Development Corporation Raymond, NH | $17,369,754 | $4,323,565 |
Kennebec Valley Council Of Governments Fairfield, ME | $3,745,709 | $1,561,553 |
Main Street Skowhegan Skowhegan, ME | $357,285 | $771,437 |
Convention Visitors Bureau Of Greater Portland Portland, ME | $563,151 | $741,115 |
Walpole Foundation Walpole, NH | $9,906,634 | $599,898 |
New Hampshire Lodging And Resturant Association Concord, NH | $788,383 | $690,976 |
Central Maine Growth Council Waterville, ME | $350,733 | $607,931 |
Grafton County Economic Development Council Plymouth, NH | $4,974,864 | $573,300 |