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EIN 22-2635303

Northern Maine Development Commission (NMDC)

IRS 501(c) type
501(c)(3)
Num. employees
23
City
Caribou
State
Maine
Year formed
1969
Most recent tax filings
2023-06-01
NTEE code, primary
S30: Economic Development
Description
The Northern Maine Development Commission (NMDC) is a membership organization comprised of participating communities and counties in the Aroostook Washington Economic Development District. NMDC provides federal and state services at the regional and local levels. The Commission also will continue its outreach to northern Maine communities and its efforts to work with those communities to create the capacity needed to support development. NMDC also provides management and support for Aroostook County Tourism (ACT), Aroostook Municipal Association (AMA), and Aroostook Partnership.
Total revenues
$12,637,728
2023
Total expenses
$4,030,581
2023
Total assets
$27,286,195
2023
Num. employees
23
2023

Program areas at NMDC

Other Grants- Various marketing and development grants which all enhance the image of Northern Maine, and to develop a strong agriculture and manufacturing business image. Beginning in FY21 this program also facilitated Maine Economic Recovery Grants to small businesses through the Coronavirus Relief Funds federal award program.
Revolving Loan Fund- Financing to local businesses involved in agriculture or manufacturing, to assist in the creation of jobs and strengthen the economy in Northern Maine.
Community Fund- Provides support for all the areas of program services to the Agency.

Grants made by NMDC

GranteeGrant descriptionAmount
Coastal Enterprises (CEI)SBDC 20-21$20,037
Androscoggin Valley Council of Governments (AVCOG)SBDC 20-21$6,679

Financials for NMDC

RevenuesFYE 06/2023
Total grants, contributions, etc.$8,780,055
Program services$3,444,204
Investment income and dividends$1,063
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$412,406
Total revenues$12,637,728
Data update history
September 22, 2024
Updated personnel
Identified 6 new personnel
July 21, 2024
Updated personnel
Identified 6 new personnel
July 17, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 25, 2023
Received grants
Identified 1 new grant, including a grant for $142,020 from Eastern Maine Development Corporation
August 29, 2023
Updated personnel
Identified 5 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Operates donor advised fundsState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
11 W Presque Isle Rd
Caribou, ME 04736
County
Aroostook County, ME
Website URL
nmdc.org/ 
Phone
(207) 498-8736
Facebook page
NMDC2 
IRS details
EIN
22-2635303
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1969
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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