Topsham Development Inc
- Assets
- $329.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Topsham, ME
- Founding
- 12/1995
- Data as of
- 06/2023
- 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 06/2023, Topsham Development Inc generated $2.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $15.0k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
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 |
|---|---|---|---|
Steve Pelletier Board Member | 0.5 | $0 | |
Chris Wasileski Secretary | 0.5 | $0 | |
Derek Scapchansky Ex Officio | 0.5 | $0 | |
Curtis Neufeld President | 0.5 | $0 | |
Peter Piccirillo Board Member | 0.5 | $0 | |
Brian Robinson Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,909 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,909 |
| 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 | $15,020 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $15,020 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $329,830 |
| Other assets | $0 |
| Total assets | $329,830 |
| Total liabilities | $0 |
| Net assets or fund balances | $329,830 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center On Rural Innovation Inc Hartland, VT | $3,517,433 | $6,043,680 |
Ignite Presque Isle Presque Isle, ME | $8,852,197 | $5,228,714 |
Retreat Farm Brattleboro, VT | $14,798,405 | $5,262,132 |
Vermont Council On Rural Development Inc Montpelier, VT | $806,088 | $1,050,791 |
Community Capital Of Vermont Inc Barre, VT | $3,586,734 | $325,527 |
Central Massachusetts Center For Business And Enterprise Inc Whitinsville, MA | $1,322,973 | $417,631 |