The Maine Highlands Corporation
- Assets
- $27.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bangor, ME
- Founding
- 05/2004
- Data as of
- 06/2021
- EIN
- 42-1568342
Organization Overview
The Maine Highlands Corporation is located in Bangor, 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 06/2021, Maine Highlands Corporation generated $164.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $176.7k during the year ending 06/2021. While expenses have increased by 5.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
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 Vice Chair | 0.69 | $0 | |
Denise Buzzelli Secretary | 0.69 | $0 | |
Kerrie Tripp Chair | 0.69 | $0 | |
Chris Carr Director | 0.04 | $0 | |
Kelly Ryder Director | 0.04 | $0 | |
Susan Bowman Director | 0.23 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $164,896 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $164,910 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,957 |
| Professional fees and other payments to independent contractors | $3,323 |
| Occupancy, rent, utilities, and maintenance | $5,447 |
| Printing, publications, postage, and shipping | $8,345 |
| Other expenses | $141,653 |
| Total expenses | $176,725 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,115 |
| Other assets | $0 |
| Total assets | $27,740 |
| Total liabilities | $24,153 |
| Net assets or fund balances | $3,587 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Association Of Privacy Professionals Portsmouth, NH | $95,531,598 | $42,238,853 |
Advanced Regenerative Manufacturing Institute Inc Manchester, NH | $22,637,554 | $26,561,020 |
Global Seafood Alliance Inc Portsmouth, NH | $16,114,958 | $17,110,603 |
Maine State Chamber Of Commerce Augusta, ME | $923,733 | $2,213,591 |
Dartmouth Regional Technology Center Inc Lebanon, NH | $5,511,627 | $2,160,751 |
New England Apple Council Inc Goffstown, NH | $795,628 | $1,773,754 |
Maine Oil Dealers Association Brunswick, ME | $1,645,866 | $1,757,717 |
University Of Maine Pulp And Paper Foundation Orono, ME | $31,514,138 | $1,541,694 |
Pope Memorial Spca Of Concord Merrimack County Concord, NH | $5,304,139 | $1,435,100 |
New Hampshire Bankers Association Concord, NH | $1,878,135 | $1,082,708 |
Associated Builders And Contractors Inc Concord, NH | $1,404,762 | $1,170,910 |
Maine Automobile Dealers Association Inc Augusta, ME | $2,325,139 | $1,081,224 |