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 2024 filing shows $1.4M in revenue, $762K in expenses, $7.9M in total assets.

EIN: 010472964 BIDDEFORD, ME Latest filing: 2024

Total Revenue$1.4M

Total Expenses$762K

Total Assets$7.9M

Grant Records0

Filing Years2020–2024

Mission

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

Officers & Directors

DIRECTOR Andy Kany

DIRECTOR Ayn Hanselmann

TREASURER Betty Olson

DIRECTOR Bob Georgitis

DIRECTOR Dick Hodgdon

CHAIR Jan Williams

Officer compensation and complete director data available with membership.

Financial Trends

Year	Revenue	Expenses	Assets
2024	$1.4M	$762K	$7.9M
2023	$719K	$758K	$7.5M
2022	$658K	$618K	$7.7M
2021	$754K	$584K	$7.9M
2020	$829K	$677K	$7.9M

Between 2020 and 2024, reported annual revenue grew from $829K to $1.4M (+69%), with total assets most recently reported at $7.9M.

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

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