Western Mountains & Rivers Corporation
- Assets
- $30.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kingfield, ME
- Founding
- 03/2019
- Data as of
- 06/2022
- EIN
- 82-2474161
Organization Overview
Western Mountains & Rivers Corporation is located in Kingfield, ME. The organization was established in 2019. According to its NTEE Classification (S30) the organization is classified as: 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. Western Mountains & Rivers Corporation 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 06/2022, Western Mountains & Rivers Corporation generated $4.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (63.6%) each year. All expenses for the organization totaled $3.8k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION CONTINUED IDENTIFICATION OF PROGRAMS AND PROJECT GOALS, ACQUISITIONS AND CONSERVATION PROJECTS TO ACCOMPLISH ONCE THE FINAL DETERMINATION OF THE CMP NECEC TRANSMISSION LINE PROJECT IS DETERMINED BY THE MAINE COURTS AND ENVIRONMENTAL AGENCIES. THESE DECISIONS ARE EXPECTED TO COMPLETED BY THE END OF 2023. CONSERVATION OBJECTIVES AND ASSET ACQUISITIONS HAVE BEEN ADVANCED AND DISCUSSIONS WITH LANDOWNERS HAVE BEEN INITIATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Walters President | 3 | $0 | |
Suzanne Hockmeyer Secretary | 3 | $0 | |
Larry Warren Treasurer | 3 | $0 | |
Joe Christopher Director | 3 | $0 | |
Ben Towle Director | 3 | $0 | |
Pam Christopher Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,372 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $4,372 |
| 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 | $2,967 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $826 |
| Total expenses | $3,793 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,042 |
| Other assets | $0 |
| Total assets | $30,042 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,042 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Granite State Economic Development Corp Portsmouth, NH | $20,832,618 | $9,324,758 |
Maine Development Foundation Hallowell, ME | $970,799 | $2,681,444 |
Maine Tourism Association Hallowell, ME | $2,552,212 | $2,806,092 |
Maine Manufacturing Extension Partnership Augusta, ME | $1,279,245 | $1,939,009 |
Rockingham Economic Development Corporation Raymond, NH | $17,369,754 | $4,323,565 |
Kennebec Valley Council Of Governments Fairfield, ME | $3,745,709 | $1,561,553 |
Main Street Skowhegan Skowhegan, ME | $357,285 | $771,437 |
Convention Visitors Bureau Of Greater Portland Portland, ME | $563,151 | $741,115 |
Walpole Foundation Walpole, NH | $9,906,634 | $599,898 |
New Hampshire Lodging And Resturant Association Concord, NH | $788,383 | $690,976 |
Central Maine Growth Council Waterville, ME | $350,733 | $607,931 |
Grafton County Economic Development Council Plymouth, NH | $4,974,864 | $573,300 |