Northern Maine Development Commission Inc
Caribou, Maine
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $12,637,728โ55% | $4,030,581โ85% | $27,286,195โ43% | |
| 2022 | $27,868,170โ14% | $26,142,280โ5% | $19,059,929โ8% | โ |
| 2021 | $32,269,814โ850% | $27,464,834โ736% | $20,810,299โ71% | โ |
| 2020 | $3,395,037โ13% | $3,283,681โ8% | $12,146,172โ2% | โ |
| 2019 | $2,999,105โ12% | $3,028,769 | $11,857,176โ4% | โ |
| 2018 | $2,673,671โ11% | $3,035,216โ17% | $12,379,225โ6% | โ |
| 2017 | $3,008,770โ34% | $2,597,835โ47% | $13,237,129โ1% | โ |
| 2016 | $4,576,756โ33% | $4,864,078โ33% | $13,058,860โ1% | โ |
| 2015 | $6,852,610โ19% | $7,224,717โ7% | $13,252,402โ2% | โ |
| 2014 | $8,456,571โ28% | $7,749,281โ11% | $13,488,238โ1% | โ |
| 2013 | $6,593,708โ12% | $6,990,046โ12% | $13,654,576โ14% | โ |
| 2012 | $5,891,557 | $6,231,955 | $11,956,238 | โ |
Frequently Asked Questions
What does Northern Maine Development Commission Inc do?โผ
Northern Maine Development Commission Inc is a community improvement & capacity building nonprofit organization based in Maine. It is classified under NTEE code S30Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Northern Maine Development Commission Inc financially healthy?โผ
Based on our 9-metric Financial Health Score model, Northern Maine Development Commission Inc has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Northern Maine Development Commission Inc generate?โผ
Northern Maine Development Commission Inc reports $5.7M in annual revenue and holds $34.8M in total assets, based on IRS filings.
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