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Eastern Maine Development Corporation
Eastern Maine Development Corporation
Bangor, ME, US
•
a.k.a
EMDC
•
501(c)(3)
•
EIN
01-0281875
•
www.emdc.org
•
•
Regional Funder
Eastern Maine Development Corporation
Bangor, ME, US
•
a.k.a
EMDC
•
501(c)(3)
•
EIN
01-0281875
•
www.emdc.org
•
•
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Grants Received
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Balance Sheet
Fiscal Year Start:
Oct 1
Assets in
2024
(Year End)
$11,762,497
Receivables (Non-Related)
77%
Cash & Equivalents
23%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in
2024
(Year End)
$1,529,865
Payables & Accruals
57%
Notes Payable / Debt (Non-Related)
39%
Deferred Revenue
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,521,148
$2,746,263
+9%
Receivables (Non-Related)
$8,949,583
$8,998,817
+1%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$19,707
$17,417
-12%
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$97,847
-
-
Total Assets
$11,588,285
$11,762,497
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$1,011,959
$868,288
-14%
Grants Payable
-
-
-
Deferred Revenue
$190,885
$61,798
-68%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$960,159
$599,779
-38%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,163,003
$1,529,865
-29%
Net assets
2023
2024
Change
Restricted Net Assets
$7,098,463
$7,098,463
+0%
Unrestricted Net Assets
$2,326,819
$3,134,169
+35%
Net assets
2023
2024
Change
Net assets
+$9,425,282
+$10,232,632
+9%
Balance Sheet
