Down East Lobstermens Association
- Assets
- $18.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Belfast, ME
- Founding
- 07/1992
- EIN
- 22-3158793
Organization Overview
Down East Lobstermens Association is located in Belfast, ME. The organization was established in 1992. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Down East Lobstermens Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending undefined, Down East Lobstermens Association generated $17.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $17.1k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hilton Turner President | 2.5 | $0 | |
Richard Fortin Vice-President | 2.5 | $0 | |
Walter Day Director | 2 | $0 | |
Michael Faulkingham Director | 2 | $0 | |
Richard Alley Director | 2 | $0 | |
Ethan Turner Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,268 |
| Total Program Service Revenue | $263 |
| Membership dues | $14,771 |
| Investment income | $397 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $357 |
| Other Revenue | $0 |
| Total Revenue | $17,056 |
| Statement of Expenses | |
|---|---|
| Total expenses | $17,056 |
| Balance Sheet | |
|---|---|
| Total assets | $18,038 |
| Total liabilities | $18,038 |
| Net assets or fund balances | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maine Motor Transport Association Inc Augusta, ME | $8,785,601 | $5,668,651 |
Northeastern Lumber Mfrs Assoc Cumberland Center, ME | $1,382,567 | $2,317,379 |
New Hampshire Association Of Realtors Concord, NH | $4,491,328 | $2,021,289 |
Maine Peoples Alliance Portland, ME | $2,675,665 | $1,912,467 |
Portland Regional Chamber Portland, ME | $1,319,394 | $1,407,304 |
Maine Association Of Realtors Augusta, ME | $5,135,583 | $1,535,466 |
Waterville Valley Resort Association Inc Watervl Vly, NH | $405,665 | $871,090 |
Maine Dairy Promotion Board Augusta, ME | $343,200 | $574,167 |
New Hampshire Home Builders Association Concord, NH | $278,319 | $157,009 |
Granite State Dairy Promotion Inc Tilton, NH | $314,188 | $312,910 |
Maine People Before Politics Augusta, ME | $71,982 | $201,065 |
Maine Beer & Wine Wholesalers Assoc Inc Augusta, ME | $32,380 | $181,674 |