Public Charity

SOUTHERN MAINE FINANCE AGENCY

SOUTHERN MAINE FINANCE AGENCY, of BIDDEFORD, ME, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $879K in revenue, $850K in expenses, $8.1M in total assets.

EIN: 010472964 BIDDEFORD, ME Community & Neighborhood Development NTEE: S20 Latest filing: 2025
Total Revenue$879K
Total Expenses$850K
Total Assets$8.1M
Grant Records0
Filing Years2021–2025

Mission

TO PROMOTE SUSTAINABLE ECONOMIC PROSPERITY THROUGH REGIONAL BUSINESS LENDING, TARGETING UNDERSERVED MARKETS.

Officers & Directors

DIRECTOR Andy Kany
DIRECTOR Ayn Hanselmann
VICE-CHAIR Betty Olson
DIRECTOR Bob Georgitis
DIRECTOR Dick Hodgdon
DIRECTOR Douglas Edwards

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $879K $850K $8.1M
2024 $1.4M $762K $7.9M
2023 $719K $758K $7.5M
2022 $658K $618K $7.7M
2021 $754K $584K $7.9M

Between 2021 and 2025, reported annual revenue grew from $754K to $879K (+17%), with total assets most recently reported at $8.1M.

Interactive year-over-year charts and full filing details available with membership.

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