Eastern Maine Development Corporation
Eastern Maine Development Corporation
Eastern Maine Development Corporation
AI Summary
Eastern Maine Development Corporation is a nonprofit focused on economic development, with cause areas spanning development finance, manufacturing, entrepreneurship, trade, and business promotion. In filing year 2024, it reported an operating budget of $10.1M and total revenue of $10.5M, supported in part by funders including Elmina B. Sewall Foundation, Maine Community Foundation Inc, and The Miami Foundation.
Mission Statement
Economic Development
Cause Areas
6
Business promotion
Entrepreneurship
Manufacturing
Trade
Economic development
Development finance
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Populations
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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- 12 funders
- 60 board & team members
- 11 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is Eastern Maine Development Corporation’s budget?
In 2024, Eastern Maine Development Corporation reported an annual operating budget of around $10.1 million. More detailed financial information is available to registered users.
What causes does Eastern Maine Development Corporation support?
Eastern Maine Development Corporation supports work in Business promotion, Entrepreneurship, Manufacturing, Trade, Economic development, and Development finance.
Where does Eastern Maine Development Corporation operate?
Eastern Maine Development Corporation is headquartered in Bangor, ME.
Who funded Eastern Maine Development Corporation recently?
In 2024, Eastern Maine Development Corporation received grants from The Miami Foundation, Elmina B. Sewall Foundation, and Maine Community Foundation Inc. More information on this organization’s funders is available to registered users.
What is the largest grant Eastern Maine Development Corporation received in 2024?
The largest grant to Eastern Maine Development Corporation in 2024 exceeds $100 thousand.
What is Eastern Maine Development Corporation’s reliance on government grants?
Eastern Maine Development Corporation relied on government grants for more than 85% of their total revenue in 2024.