EIN 01-0498822

Brunswick Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
State
Year formed
2017
Most recent tax filings
2023-06-01
Description
Brunswick Development Corporation (bdc) provides low-cost financial assistance and other aid designed to improve economic conditions in the community of Brunswick, Maine. Bdc provides funds and working capital (in the forms of loans and grants) to local business corporations and individual proprietors who may not be able to obtain funds from conventional commercial sources because of poor financial risk. Repaid loan funds, and any small interest thereon, is used to make new loans and to provide funding to the town of Brunswick to improve deteriorated areas and to beautify the community.
Total revenues
n/a
Total expenses
n/a
Total assets
n/a
Num. employees
n/a

Program areas at Brunswick Development Corporation

Bdc uses grants and loans to foster, encourgae, assist, support, and promote economic Development, through the establishment, settlement, or resettlement of the town of Brunswick, Maine, for industrial, manufacturing, fishing, agricultural, recreational, or other business enterprises and to combat community deterioration through economic Development.

Personnel at Brunswick Development Corporation

NameTitleCompensation
Larissa DarcyPresident$0
Vincent DicaraTreasurer$0
William MorrellVice President and Secretary$0

Financials for Brunswick Development Corporation

RevenuesFYE 06/2017
Total grants, contributions, etc.$0
Program services$13,392
Investment income and dividends$640
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$14,032

Form 990s for Brunswick Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023n/a990-N (e-Postcard)
2017-062018-10-16990View PDF
Data update history
December 1, 2021
Posted financials
Added Form 990N for fiscal year 2021
June 23, 2021
Received grants
Identified 1 new grant, including a grant for $25,000 from Bowdoin College
April 22, 2021
Posted financials
Added Form 990N for fiscal year 2020
February 23, 2020
Posted financials
Added Form 990N for fiscal year 2019
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelTax deductible donationse-Postcard filer
General information
Address
85 Union St
Brunswick, ME 04011
Metro area
Portland-South Portland, ME
Phone
(207) 725-6652
IRS details
EIN
01-0498822
Fiscal year end
June
Taxreturn type
Form 990-N / Postcard
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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