57
Information Technology Exchange
Community Development · Searsport, Maine
Po Box 589, Searsport, ME 04974-0589
EIN: 550788650· Founded: Dec 2002· 24 years active· Filing Year: 2023
Annual Revenue
$1.5M
Total Expenses
$1.5M
Total Assets
$1.5M
Program Spending
47%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$165K
11.0% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$564K
Total Payroll
$729K
49% of total expenses
Where the Money Goes
47%
Programs: 47%
Payroll: 49%
Other overhead: 53%
Program Revenue$697K (45%)
Total Expenses$1.5M (98%)
Payroll$729K (49%)
Overhead (non-program)53%
Trust Score Breakdown
Program Spending Ratio
47% of expenses go to programs
Revenue & Stability
$1.5M annual revenue
Executive Compensation
$165K total officer comp (11.0% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$1.5M 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.