Mission
Provide educational and other economic development services to governments and businesses in eastern Maine
Public Charity
Eastern Maine Development Corporation
Eastern Maine Development Corporation is a Public Charity headquartered in Bangor, ME. Financial data from the 2024 filing: $10.5M revenue, $10.1M expenses, $11.8M total assets. 8 publicly reported grants to this organization, totaling roughly $743K, appear in IRS filings.
EIN: 010281875
Bangor, ME
Latest filing: 2024
Total Revenue$10.5M
Total Expenses$10.1M
Total Assets$11.8M
Grant Records8
Funding Total$743K
Filing Years2020–2024
Sample Grants Received
PROGRAM SUPPORT
$100,000
Economic Development
$30,200
For grant recipient's exempt purposes
$12,325
Project support of the Blue Hill Co-op
$5,000
PUBLIC, SOCIETAL BENEFIT
$281,000
Showing up to 5 of 8 total records — full history available with membership.
Officers & Directors
Director
Dan Tremble
Director
Denise M Buzzelli
Chairman
Dennis Damon
Director
Dr Steven R Cunningham
Director
Ej Roach
Vice Chair
Elizabeth Russell
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $10.5M | $10.1M | $11.8M |
| 2023 | $6.5M | $6.7M | $11.6M |
| 2022 | $11.2M | $10.6M | $11.1M |
| 2021 | $64.7M | $61.0M | $11.5M |
| 2020 | $4.1M | $4.1M | $9.0M |
Between 2020 and 2024, reported annual revenue grew from $4.1M to $10.5M (+158%), with total assets most recently reported at $11.8M.
Interactive year-over-year charts and full filing details available with membership.