Northern Maine Development Commission Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 5,891,557 | 6,231,955 | −340,398 | 11.9 | 23% |
| 2013 | 6,593,708 | 6,990,046 | −396,338 | 9.7 | 23% |
| 2014 | 8,456,571 | 7,749,281 | 707,290 | 9.9 | 18% |
| 2015 | 6,852,610 | 7,224,717 | −372,107 | 9.8 | 15% |
| 2016 | 4,576,756 | 4,864,078 | −287,322 | 13.9 | 17% |
| 2017 | 3,008,770 | 2,597,835 | 410,935 | 27.9 | 32% |
| 2018 | 2,673,671 | 3,035,216 | −361,545 | 22.4 | 30% |
| 2019 | 2,999,105 | 3,028,769 | −29,664 | 22.4 | 28% |
| 2020 | 3,395,037 | 3,283,681 | 111,356 | 21.0 | 28% |
| 2021 | 32,269,814 | 27,464,834 | 4,804,980 | 4.7 | 4% |
| 2022 | 27,868,170 | 26,142,280 | 1,725,890 | 5.7 | 4% |
| 2023 | 12,637,728 | 4,030,581 | 8,607,147 | 62.7 | 2% |
In its most recent public year (2023), this organization brought in $8,607,147 more than it spent. Its reserves stood at about 62.7 months of spending, up from 11.9 in 2012. Staff pay was 2% of spending. $15,871,919 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
Northern Maine Development Commission Inc'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