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Filing year 2024

FREEPORT ECONOMIC DEVELOPMENT CORP

Freeport, Maine·EIN 01-0376892·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$60k
Total assets
$109k
Total expenses
$40k
Reported officers
12

Reported officers (all unpaid)

No paid executives reported in 2024. FREEPORT ECONOMIC DEVELOPMENT CORP reported 12 unpaid officers and board members on its 990-EZ.

Director
Director
Director
Director
Director
Director
Director
Director
Ex Officio
Vice Preside
President
Treasurer
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FREEPORT ECONOMIC DEVELOPMENT CORP equaled 58% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
58%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Financial trend

Revenue and expenses over time

FREEPORT ECONOMIC DEVELOPMENT CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$143k
$161k
2023
$60k
$40k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Maine

FREEPORT ECONOMIC DEVELOPMENT CORP 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

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FAQ

Common questions about FREEPORT ECONOMIC DEVELOPMENT CORP

What are FREEPORT ECONOMIC DEVELOPMENT CORP's revenue and expenses?

In 2024, FREEPORT ECONOMIC DEVELOPMENT CORP reported $60k in total revenue and $40k in total expenses on its IRS Form 990.

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