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Southern Maine Finance Agency
Community Development · Biddeford, Maine
20 Pomerleau Street Ste 300, Biddeford, ME 04005-9457
EIN: 010472964· Founded: Aug 1993· 33 years active· Filing Year: 2023
Annual Revenue
$719K
Total Expenses
$758K
Total Assets
$7.5M
Program Spending
69%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$160K
21.1% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$186K
Total Payroll
$346K
46% of total expenses
Where the Money Goes
69%
Programs: 69%
Payroll: 46%
Other overhead: 31%
Program Revenue$524K (73%)
Total Expenses$758K (100%)
Payroll$346K (46%)
Overhead (non-program)31%
Trust Score Breakdown
Program Spending Ratio
69% of expenses go to programs
Revenue & Stability
$719K annual revenue
Executive Compensation
$160K total officer comp (21.1% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$7.5M 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.