Public Charity

MEDOMAK EXCHANGE

MEDOMAK EXCHANGE, of WALDOBORO, ME, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $516K in revenue, $155K in expenses, $387K in total assets.

EIN: 872102698 WALDOBORO, ME Neighborhood Centers NTEE: P28 Latest filing: 2024

Total Revenue$516K

Total Expenses$155K

Total Assets$387K

Grant Records0

Filing Years2022–2024

Mission

MEDOMAK EXCHANGE VISION: A TOWN WHERE PEOPLE LIVE, WORK AND PLAY TOGETHER IN AND OUT OF THEIR NEIGHBORHOODS AND SOCIAL GROUPS - WHERE THERE'S A COMMON EFFORT FOR EVERYONE TO BE SEEN, HEARD, ABLE TO FEEL LIKE THEY BELONG, CAN CONTRIBUTE AND BE VALUED FOR THEIR CONTRIBUTION - A CULTURE WHERE KINDNESS, CREATIVITY AND GENEROSITY FLOW. THE SITE MANAGEMENT TEAM EXISTS TO DEVELOP AND MAINTAIN THE PHYSICAL SPACES OF MEDOMAK EXCHANGE (THE GOOD THINGS THRIFT & CRAFT SHOP, THE FREE CLOTHING CLOSET AND FOOD PANTRY BARN, AND THE MEDOMAK HOUSE) IN ALIGNMENT WITH THE OVERALL VISION, PROVIDING AN ENVIRONMENT FOR GATHERINGS, PROGRAMS AND ACTIVITIES WHICH ENCOURAGE SHARING AND BUILDING COMMUNITY RESILIENCE.

Where $100 goes at Medomak Exchange

How Medomak Exchange divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$97 Programs the work itself

$3 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 $97 for programs

$83

Good things thrift & craft shop exists to offer our community a friendly shopping space where household goods and furniture are recirculated affordably and local artisans are supported…

85% of program spending

The purpose of the Waldoboro free clothing closet is two-fold: to offer the community a dignified, cost-free clothes shopping experience and to provide an environmentally friendly option for…

5% of program spending

Holding space for Waldoboro are people of all income levels to share and build community resilience

5% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Alexa Stark

BOARD MEMBER Gale Henry

BOARD MEMBER Jann Minzy

BOARD MEMBER Jan Visser

BOARD MEMBER Mary Bischoff

SECRETARY Pam Post

Officer compensation and complete director data available with membership.

Financial Trends

Year	Revenue	Expenses	Assets
2024	$516K	$155K	$387K
2023	$210K	$110K	$110K
2022	$83K	$84K	$9K

Between 2022 and 2024, reported annual revenue grew from $83K to $516K (+518%), with total assets most recently reported at $387K.

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

See the full picture for MEDOMAK EXCHANGE

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