Topsham Development Inc
- Assets
- $313.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Topsham, ME
- Founding
- 12/1995
- Data as of
- 06/2021
- EIN
- 01-0495451
Organization Overview
Topsham Development Inc is located in Topsham, ME. The organization was established in 1995. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Topsham Development Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Topsham Development Inc generated $150.4k in total revenue. All expenses for the organization totaled $410.0 during the year ending 06/2021.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
INDUSTRIAL DEVELOPMENT, BUSINESS ATTRACTION, ECONOMIC & COMMUNITY DEVELOPMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Russell Board Member | 0.5 | $0 | |
Curtis Picard Board Member | 0.5 | $0 | |
John Shattuck Ex Officio | 3 | $0 | |
Derek Scapchansky Ex Officio | 0.5 | $0 | |
Rod Melanson Ex Officio | 0.5 | $0 | |
Andrew Sturgeon Vice Preside | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $150,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $378 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $150,378 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $410 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $410 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $313,157 |
| Other assets | $0 |
| Total assets | $313,157 |
| Total liabilities | $0 |
| Net assets or fund balances | $313,157 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center On Rural Innovation Inc Hartland, VT | $3,965,475 | $1,904,173 |
Retreat Farm Brattleboro, VT | $8,221,926 | $3,402,767 |
Vermont Council On Rural Development Inc Montpelier, VT | $695,971 | $938,553 |
Community Capital Of Vermont Inc Barre, VT | $4,295,904 | $363,623 |
Central Massachusetts Center For Business And Enterprise Inc Whitinsville, MA | $1,308,572 | $506,528 |