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Filing year 2023

Eastern Maine Development Corporation

Bangor, Maine·EIN 01-0281875·NTEE S300 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$10.5M
Total assets
$11.8M
Total expenses
$10.1M
Reported officers
16
Mission

Provide educational and other economic development services to governments and businesses in eastern Maine

Reported officers (all unpaid)

No paid executives reported in 2023. Eastern Maine Development Corporation reported 16 unpaid officers and board members on its 990.

Chairman
Secretary-treasurer
Director
Vice Chair
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

Eastern Maine Development Corporation reported revenue and expenses across 2 filing years.

RevenueExpenses
$6.5M
$6.7M
2022
$10.5M
$10.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Maine

Eastern Maine Development Corporation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in Maine earns a median of $80,000.

25th percentile
$44k
Median
$80,000
75th percentile
$121k
90th percentile
$153k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 67 organizations across 67 filings (2021 – 2024).

See full Community Improvement & Capacity Building pay data for Maine
FAQ

Common questions about Eastern Maine Development Corporation

What are Eastern Maine Development Corporation's revenue and expenses?

In 2023, Eastern Maine Development Corporation reported $10.5M in total revenue and $10.1M in total expenses on its IRS Form 990.

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