EIN 04-3364974

Skowhegan Economic Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Skowhegan
State
Year formed
1998
Most recent tax filings
2022-06-01
NTEE code, primary
Description
Skowhegan Economic Development Corporation fosters, encourages and assists in the location, settlement or resettlement of industry and recreational, agricultural,and other business enterprises in the Town of Skowhegan and in the County of Somerset. It does so by providing affordable rental space to new and growing businesses in the area to foster, encourage, and assist in business interests in the town of Skowhegan and county of Somerset.
Total revenues
$-46,435
2022
Total expenses
$6,635
2022
Total assets
$1,736,814
2022
Num. employees
0
2022

Program areas at Skowhegan Economic Development Corporation

To foster, encourage and assist in business interests in the town of Skowhegan and county of somerset by providing affordable rental space to new and growing businesses in the area.

Who funds Skowhegan Economic Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Main Street SkowheganTechnical Assistance Grant$10,000

Personnel at Skowhegan Economic Development Corporation

NameTitleCompensation
Jeff HewettExecutive Director
Matt DuboisVice Chairman$0
Reid GibsonDirector$0
Billy FinleyChairman$0
Kurt MaynardChairman / Director$0
...and 3 more key personnel

Financials for Skowhegan Economic Development Corporation

RevenuesFYE 06/2022
Total grants, contributions, etc.$40,000
Program services$0
Investment income and dividends$608
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-87,043
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$-46,435

Form 990s for Skowhegan Economic Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-03-27990View PDF
2020-062021-02-22990View PDF
2019-062020-09-18990View PDF
2018-062019-11-15990View PDF
2017-062018-05-14990View PDF
...and 9 more Form 990s
Data update history
May 19, 2023
Updated personnel
Identified 4 new personnel
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2020
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
June 22, 2021
Received grants
Identified 1 new grant, including a grant for $10,000 from Main Street Skowhegan
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelManagement and technical assistanceTax deductible donationsNo full-time employees
General information
Address
225 Water St c/o Jeff Hewett
Skowhegan, ME 04976
County
Somerset County, ME
IRS details
EIN
04-3364974
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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