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Public nonprofit record

MAINE DEVELOPMENT FOUNDATION

EIN 01-0355563 · Community Improvement & Capacity Building (S30Z)

What they do

The Mission of The Maine Development Foundation is to Foster Sustainable, Long-term Economic Growth for Maine. Its Programs Stimulate New Ideas, Help Develop Maines Leaders, and Provide Common Ground for Solving Problems and Advancing Important Issues.

Money

Financial picture

Tax year 2024
Revenue$2,966,802
Expenses$3,002,637
Assets$969,500
Income$2,966,802
Contributions$1,748,912
Grants given$3,203,497
Average grant$53,392
Management$716,565
Executive compensation$161,944

About this charity

Recognized since
January 1978
Location
PO Box 3, Augusta, ME 04332
County
Kennebec
In care of
Yellow Breen
Primary officer
Yellow Breen, President & CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
PURDY POWERS & COMPANY
NTEE classification
Community Improvement & Capacity Building (S30Z)
IRS tax category
Civic and Social Organizations
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
15
Activity
403000000
Organization
1

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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