Logo for "Eastern Maine Development Corporation"

Eastern Maine Development Corporation

Eastern Maine Development Corporation

Bangor, ME, US
a.k.a EMDC
501(c)(3)
EIN
01-0281875
Regional Funder
Logo for "Eastern Maine Development Corporation"

Eastern Maine Development Corporation

Bangor, ME, US
a.k.a EMDC
501(c)(3)
EIN
01-0281875
Regional Funder

Income Statement

Fiscal Year Start:
Oct 1
Data visualization unavailable
Revenues in 2024

$10,533,418

Government Grants
87%
Program Services
7%
Contributions
3%
Other
1%
Membership Dues
<1%
Fundraising Events
0%
Investments
0%
Expenses in 2024

$10,111,339

Other
N/A
Salaries & Benefits
N/A
Fees to Service Providers
N/A
Interest
N/A
Grants
N/A
Benefits to Members
N/A
Advertising & Promotion
N/A
Offices, Occupancy & IT
N/A
Revenues
2023
2024
Change
Contributions
$33,515
$350,509
+946%
Government Grants
$5,568,451
$9,170,942
+65%
Fundraising Events
$0
$0
-
Program Services
$805,936
$782,040
-3%
Membership Dues
$25,250
$105,283
+317%
Investments
$2,247
$0
-100%
Other
$42,073
$124,644
+196%
Total Revenues
$6,477,472
$10,533,418
+63%
Expenses
2023
2024
Change
Grants
$881,235
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,429,697
$4,234,695
+23%
Fees to Service Providers
$169,599
$330,250
+95%
Advertising & Promotion
$8,574
$0
-100%
Offices, Occupancy & IT
$634,886
$0
-100%
Interest
$46,606
$25,288
-46%
Depreciation
$20,000
-$20,000
-200%
Other
$1,482,285
$5,541,106
+274%
Total Expenses
$6,672,882
$10,111,339
+52%
Net income
2023
2024
Change
Net income
-$195,410
+$422,079
-316%
Functional Expenses
Summary
2023
2024
Change
Program
$5,599,410
$9,226,958
+65%
Admin
$1,073,472
$884,381
-18%
Fundraising
$0
$0
-
Total Expenses
$6,672,882
$10,111,339
+52%
Income Statement
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