Bangor Airport Civic Development Corporation Banair
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 456,742 | 416,087 | 40,655 | 19.8 | 0% |
| 2012 | 454,907 | 458,724 | −3,817 | 17.8 | 0% |
| 2013 | 505,246 | 469,453 | 35,793 | 18.3 | 0% |
| 2014 | 579,168 | 581,043 | −1,875 | 14.8 | 0% |
| 2015 | 598,312 | 665,358 | −67,046 | 11.7 | 0% |
| 2016 | 699,831 | 674,462 | 25,369 | 14.9 | 0% |
| 2017 | 468,065 | 434,907 | 33,158 | 24.1 | 0% |
| 2018 | 68,327 | 126,165 | −57,838 | 77.5 | 0% |
| 2019 | 72,266 | 81,433 | −9,167 | 118.7 | 0% |
| 2020 | 87,560 | 75,666 | 11,894 | 129.6 | 0% |
| 2021 | 144,948 | 117,296 | 27,652 | 86.4 | 0% |
| 2022 | 110,206 | 128,556 | −18,350 | 77.2 | 0% |
| 2023 | 117,684 | 117,192 | 492 | 97.5 | 0% |
In its most recent public year (2023), this organization brought in $492 more than it spent. Its reserves stood at about 97.5 months of spending, up from 19.8 in 2011. Staff pay was 0% of spending. $175,867 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Bangor Airport Civic Development Corporation Banair's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works