Mission
THE SCARBOROUGH ECONOMIC DEVELOPMENT CORPORATION (SEDCO) DEVELOPS, SUPPORTS AND PROMOTES SUSTAINABLE ECONOMIC DEVELOPMENT PRACTICES LEADING TO A HEALTHY, DIVERSE AND RESILIENT LOCAL ECONOMY FOR THE SCARBOROUGH COMMUNITY.
Public Charity
SCARBOROUGH ECONOMIC DEV CORP
SCARBOROUGH ECONOMIC DEV CORP is a nonprofit organization categorized as Public Charity based in SCARBOROUGH, ME. Its most recent IRS filing (2025) reports revenue of $324K, expenses of $338K, total assets of $53K.
EIN: 010409428
SCARBOROUGH, ME
Urban & Community Economic Development
NTEE: S31
Latest filing: 2025
Total Revenue$324K
Total Expenses$338K
Total Assets$53K
Grant Records0
Filing Years2020–2025
Officers & Directors
DIRECTOR
Allen Paul
DIRECTOR
Hellen Cella
TREASURER
James Hartley
DIRECTOR
Jason Perkins
CHAIRPERSON
Jonathan Crasnick
EXECUTIVE DIRECTOR
Karen Martin
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $324K | $338K | $53K |
| 2024 | $296K | $296K | $67K |
| 2023 | $281K | $280K | $62K |
| 2021 | $251K | $251K | $58K |
| 2020 | $249K | $259K | $53K |
Between 2020 and 2025, reported annual revenue grew from $249K to $324K (+30%), with total assets most recently reported at $53K.
Interactive year-over-year charts and full filing details available with membership.