The Maine Highlands Corporation
- Assets
- $57.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Doverfoxcroft, ME
- Founding
- 05/2004
- Data as of
- 06/2023
- EIN
- 42-1568342
Organization Overview
The Maine Highlands Corporation is located in Doverfoxcroft, ME. The organization was established in 2004. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Maine Highlands Corporation 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 06/2023, Maine Highlands Corporation generated $102.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $96.6k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 8 years. 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
THE HIGHLANDS PRODUCED MAPS AND GUIDE BOOKS TO BE DISTRIBUTED TO VISITORS AND PERSPECTIVE VISITORS THROUGH EITHER VISITOR CENTERS OR TRADE SHOWS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aimee Thibodeau Chair | 1.44 | $0 | |
Allison Economy Treasurer | 0.58 | $0 | |
Denise Buzzelli President | 0.81 | $0 | |
Kandi Robinson Director | 0.35 | $0 | |
Allison Arbo Vice Chair | 1.02 | $0 | |
Christine Parker Director | 0.46 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,933 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $101,951 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,041 |
| Professional fees and other payments to independent contractors | $1,410 |
| Occupancy, rent, utilities, and maintenance | $4,316 |
| Printing, publications, postage, and shipping | $3,114 |
| Other expenses | $75,747 |
| Total expenses | $96,628 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,522 |
| Other assets | $0 |
| Total assets | $57,051 |
| Total liabilities | $7,596 |
| Net assets or fund balances | $49,455 |