Public Charity

BRUNSWICK DEVELOPMENT CORPORATION

Based in BRUNSWICK, ME, BRUNSWICK DEVELOPMENT CORPORATION operates as a Public Charity. The organization reported $14K in revenue, $42K in expenses, $1.0M in total assets for fiscal year 2017. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $25K.

EIN: 010498822 BRUNSWICK, ME Economic Development NTEE: S30 Latest filing: 2017
Total Revenue$14K
Total Expenses$42K
Total Assets$1.0M
Grant Records1
Funding Total$25K
Filing Years2017

Mission

BRUNSWICK DEVELOPMENT CORPORATION (BDC) PROVIDES LOW-COST FINANCIAL ASSISTANCE AND OTHER AID DESIGNED TO IMPROVE ECONOMIC CONDITIONS IN THE COMMUNITY OF BRUNSWICK, MAINE. BDC PROVIDES FUNDS AND WORKING CAPITAL (IN THE FORMS OF LOANS AND GRANTS) TO LOCAL BUSINESS CORPORATIONS AND INDIVIDUAL PROPRIETORS WHO MAY NOT BE ABLE TO OBTAIN FUNDS FROM CONVENTIONAL COMMERCIAL SOURCES BECAUSE OF POOR FINANCIAL RISK. REPAID LOAN FUNDS, AND ANY SMALL INTEREST THEREON, IS USED TO MAKE NEW LOANS AND TO PROVIDE FUNDING TO THE TOWN OF BRUNSWICK TO IMPROVE DETERIORATED AREAS AND TO BEAUTIFY THE COMMUNITY.

Where $100 goes at Brunswick Development Corporation

How Brunswick Development Corporation divides every $100 it spends, from its own Form 990 filings.

$25 Programs the work itself
$75 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $25 for programs

$25
Bdc uses grants and loans to foster, encourgae, assist, support, and promote economic development, through the establishment, settlement, or resettlement of the town of Brunswick, maine, for industrial…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2017. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2019
CONTRIBUTION CONTRIBUTION
$25,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Daniel Harris
BOARD MEMBER John Eldridge
BOARD MEMBER Kathy Wilson
PRESIDENT Larissa Darcy
BOARD MEMBER Nathaniel Henshaw
TREASURER Vincent Dicara

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2017 $14K $42K $1.0M

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

See the full picture for BRUNSWICK DEVELOPMENT CORPORATION

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