38
Eastern Maine Development Corporation
Community Development · Bangor, Maine
40 Harlow Street, Bangor, ME 04401-5182
EIN: 010281875· Founded: Sep 1994· 32 years active· Filing Year: 2023
Annual Revenue
$6.5M
Total Expenses
$6.7M
Total Assets
$11.6M
Program Spending
12%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
Not reported
All officers, directors, and key employees combined
Other Salaries & Wages
$2.5M
Total Payroll
$2.5M
37% of total expenses
Where the Money Goes
12%
Programs: 12%
Payroll: 37%
Other overhead: 88%
Program Revenue$806K (12%)
Total Expenses$6.7M (100%)
Payroll$2.5M (37%)
Overhead (non-program)88%
Trust Score Breakdown
Program Spending Ratio
12% of expenses go to programs
Revenue & Stability
$6.5M annual revenue
Executive Compensation
Not reported
Filing Recency
Most recent filing: 2023
Asset Strength
$11.6M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.