2025-07-08T09:05:08-00:00 2024-09-30 043383155 RHR Smith & Company CPA's 3 Old Orchard Road Buxton ME 04093 990 2023-10-01 010281875 Eastern Maine Development Corporation EAST 2079426389 40 Harlow Street Bangor ME 04401 Lee Umphrey President 2079426389 2025-07-08 true true Danielle N O'Neill P02481791 2079294606 2025-07-08 2023 2025-03-06 01:10:19Z Lee Umphrey 40 Harlow Street Bangor ME 04401 10533418 false X www.emdc.org X 1967 ME Economic Development 12 12 264 0 5627216 9626734 805936 782040 -762 0 45082 124644 6477472 10533418 881235 0 0 3429697 4234695 0 0 2361950 5876644 6672882 10111339 -195410 422079 11588285 11762497 2163003 1529865 9425282 10232632 X Provide educational and other economic development services to governments and businesses in eastern Maine false false Municipal Planning The Municipal Planning Assistance Program MPAP was set up under the Maines Department of Agriculture Conservation and Forestry. It is implemented through EMDCs Regional Planning Commission RPC. The RPC provides municipal technical assistance services as well as comprehensive plan and land use ordinance development services to all towns within the Penobscot and Piscataquis and some of Waldo Counties. During 2023 the RPC staff provided technical assistance to 14 municipalities ranging from land use queries, ordinance development, code enforcement guidance, and MRSA Title 30-A interpretation. Also included were a range of coastal climate workshops to 13 coastal towns within the Penobscot River estuary. The RPC provided comprehensive planning development services to 5 municipalities totaling 96,500 in contractual services during 2023. 9226958 9226958 true false false false false false false false false false true false false false true true true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 11 0 true 264 true false false false false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true true false ME X Ashley Bubar 2079426389 40 Harlow Street Bangor ME 04011 X Dennis Damon Chairman 002.00 X X 0 0 0 Laura Sanborn Secretary-Treasurer 002.00 X X 0 0 0 Tim Pease Director 002.00 X 0 0 0 Elizabeth Russell Vice Chair 002.00 X X 0 0 0 Denise M Buzzelli Director 002.00 X 0 0 0 Dr Steven R Cunningham Director 002.00 X 0 0 0 Michael Donahue Director 002.00 X 0 0 0 Wayne Erkkinen Director 002.00 X 0 0 0 James S Gillway Director 002.00 X 0 0 0 Jarrod Guimond Director 002.00 X 0 0 0 EJ Roach Director 002.00 X 0 0 0 Scott Adkins Director 002.00 X 0 0 0 Jessica Masse Director 002.00 X 0 0 0 Patrick McGowan Director 002.00 X 0 0 0 Dan Tremble Director 002.00 X 0 0 0 Jose Saavedra Director 002.00 X 0 0 0 false false false 105283 9170942 350509 9626734 Contracts 541900 346414 346414 Interest Loan Fees 523000 435282 435282 Rent Income 531120 344 344 782040 Gain on sale of Loans 10922 10922 Financial Services 66863 66863 46859 46859 124644 10533418 906684 0 0 0 0 0 0 4234695 3778809 455886 0 0 0 0 0 0 0 0 330250 259841 70409 0 0 0 0 0 118579 114216 4363 0 0 25288 24160 1128 0 -20000 -20000 0 SMM Pass-through 1414818 1414818 Participant Costs 1085481 1085481 Subcontracts 1419666 1419666 Admin Expenditures 1098754 746159 352595 403808 403808 10111339 9226958 884381 0 324510 277522 2196638 2468741 1068530 1737096 7881053 7261721 19707 17417 251925 251925 97847 11588285 11762497 1011959 868288 190885 61798 960159 599779 2163003 1529865 X 2326819 3134169 7098463 7098463 9425282 10232632 11588285 11762497 422079 385271 X false true X true true true X 3243532 9209261 5591466 5627216 9626734 33298209 634473 892787 980061 805936 782040 4095297 3878005 10102048 6571527 6433152 10408774 37393506 37393506 198806 709 49 2247 201811 0 198806 709 49 2247 201811 0 8240 370506 65822 45082 124644 614294 4085051 10473263 6637398 6480481 10533418 38209611 0.97860 0.97370 0.00530 0.01150 X false 251925 251925 Financial derivatives and other financial products Closely-held equity interests Federal income taxes X 11018815 84794 400603 485397 10533418 10533418 10211465 100126 100126 10111339 10111339 XI 2d Cash match revenue from loans required for federal grants. XI 4b Loan recoveries included in total expenses on the audited financial statements but shown in revenue on the Form 990. XII 2d Net of cash match expense required for federal grant programs and loan recoveries revenue. X 2 The Development Corporation is exempt from federal income taxes under Section 501c 3 of the Internal Revenue Code and applicable state law. The accounting standards on accounting for uncertainty in income taxes address the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Development Corporation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Development Corporation and various positions related to the potential sources of unrelated business taxable income. The tax benefits recognized in the financial statements from a tax position are measured based on the largest benefit that has a greater than 50 likelihood of being realized upon ultimate settlement. Management believes that there were no potential sources of unrelated business taxable income subject to tax for the year ended September 30, 2024. Accordingly, no provision for income taxes has been made. The Development Corporation files its forms 990 including a 990-T for nonrelated business income of rental income in the U.S. federal jurisdiction and the office of the states attorney general for the State of Maine. The Development Corporation is generally no longer subject to examination by the Internal Revenue Service for years before 2021. true Moosehead Lakeshore Journal 20 Goodwin Drive Unit 14 Greenville ME 04441 004762450 25000 Pro Weld 135 Damon Ridge Road Charlotte ME 04666 004861881 25000 Bootleg Jerky PO Box 143 Harrington ME 04643 005880624 25000 Ranco Fisheries 7 Walters Road Walham ME 04605 005880624 25000 The Village Kitchen 48 Billings Road Hermon ME 04401 007609185 25000 Done Roving Yarns & Home Decor 31 Fisher Pound Road Charlotte ME 04666 007641318 20000 Puritan Medical Products 31 School Street PO Box 149 Guilford ME 04443 010221665 20000 Maine Camp Outfitters PO Box 67 Sunset ME 04683 010462687 25000 K&T Environmental Equipment PO Box 360 Island Falls ME 04747 010464246 8810 Ganneston Construction PO Box 27 Augusta ME 04332 010501836 10032 Pieceworks Inc PO Box 133 Liberty ME 04949 010530859 11579 Four Directions Development Corp 20 Godfrey Drive Orono ME 04473 010544468 60000 Town of Lincoln 29 Main Street Lincoln ME 04457 016000236 9996 Cold Current Kelp 6 Triple G Farm York ME 03909 074605580 15077 New Form Building Systems 90 Heritage Road Suite 2 Bucksport ME 04416 202102177 10000 Piscataquis Chamber of Commerce 1033 South Street Dover Foxcroft ME 04426 222533269 20000 PowerWise Systems 124 Main Street Bucksport ME 04416 271858888 19500 Flowfold 16 Sanford Drive Gorham ME 04038 272154545 19054 Courtney Bed Inc 80 Banair Road Bangor ME 04401 320353305 15906 Big Lake RV Park & Campground 55 True North Lane Big Lake Township ME 04668 384121534 25000 Mainehighlands Senior Center 152 East Main Street Dover Foxcroft ME 04426 455213907 8657 Bixby & Co 1 Sea Street Place Rockland ME 04841 462585642 12127 Greisen Aerospace 74 Orion Street Suite 1 Brunswick ME 04011 470988963 5757 Sit Stay Forever LLC 726 Brighton Avenue Portland ME 04102 471106680 12282 Hawkeye Fiber Optics 1372 Maine Street Poland ME 04274 475197899 6000 Bella Weidner 12 Steamboat Wharf Road Stockton Springs ME 04981 608785797 20000 Timberwolves Restaurant 8 Gilman Street Mars Hill ME 04758 811503174 8819 Upstart Maine Inc 20 Godfrey Drive 13 Orono ME 04473 813181065 98750 Martin Woods Farm 24 Abijah Hill Road Starks ME 04911 833925375 20000 Acadia Charter Company LLC 11 Apple Ln Bernard ME 04612 844912103 25000 Horn Run Brewing 254 Old Eastport Road Perry ME 04667 851939199 25000 Sue's Cobscook Bay Cafe 2730 Route 1 Edmunds Township ME 04628 852429114 12500 Trove Inc 18 Northport Avenue Belfast ME 04915 853055730 20000 The Good Crust 70 Pinnacle Road Canaan ME 04924 853479754 18302 Salmonics LLC 74 Orion Street Suite 1 TechPlace Brunswick ME 04011 853760004 18547 Highlands Lodging PO Box 1167 Greenville ME 04441 853895155 25000 The Phoenix on Water Street 73 Water Street Eastport ME 04631 854320778 25000 Lily Cat Antiques PO Box 1635 Greenville ME 04441 862780599 15000 The Whistling Buoy PO Box 1077 Bnagor ME 04401 863403750 25000 The Club Marina and Bar 88 Rocky Point Road Stockton Springs ME 04981 871526182 25000 The Beauty Artist 91 Central Street Bucksport ME 04416 871969788 25000 Frugal Mainer LLC PO Box 273 Brewer ME 04412 872214498 25000 Cardtastic Collectibles and More PO Box 273 Brewer ME 04412 872227218 25000 AC Training LLC 71 East Broadway Bangor ME 04401 872713017 25000 Quoddy Spray Foam LLC PO Box 130 71 Otuhk Lane Indian Township ME 04668 882488371 20000 Mis Primeros Pasos My First Steps 180 Branch Pond Road Ellsworth ME 04605 882826346 25000 Innovative Welding Service 21 Doughty Blvd Levant ME 04456 883041717 10300 Moosabec Medical 298 Main Street Jonesport ME 04649 883228920 25000 Pleasant and Center LLC 23 Pleasant Street Monson ME 04464 883306384 25000 Viable Gear LLC PO Box 10646 Portland ME 04102 883439211 10000 Wallace Interiors 32 Pine Tree Road Brewer ME 04412 884201847 25000 Farming Fungi LLC 21B Blanchard Road Springvale ME 04083 900768233 9134 Red Rabbit Bazaar 9 Central Street Bangor ME 04401 921778774 25000 Inked Beauty By Sen 10 White Rd Orono ME 04473 931537710 25000 Dreamer Food 70 Harthorn Avenue Bangor ME 04401 931861420 25000 MEPSCO Manufacturing LLC 40 Johnston Street Bangor ME 04401 933368999 25000 Harvesting Good 494 US Route 1 Yarmouth ME 04096 850930349 21933 TangoMaine 22 Hamlin Street Orono ME 04473 990963746 25000 Able Beverage PO Box 1043 Gray ME 04039 832770517 5810 Codeweaving Inc 64 Beech Ridge Road Dresden ME 04342 260289299 7833 Cooperative Development Institute PO Box 1051 North Hampton MA 01061 043241596 5000 ESM Global Productions 10 a Glecker Road Portland ME 04103 834617402 9322 Maine Multicultural Center 12 Acme Road Suite 201A Brewer ME 04412 823259216 98750 Moosehead Lake Region Economic Development Corp PO Box 223 Greenville ME 04441 800964365 10000 NMDC 302 Main Street Caibou ME 04736 222635303 50000 Town of Newport 23 Water St Newport ME 04953 016000294 7844 66 Form 990, Part III, Line 4d Program Service Expenses 0, Grants and allocations 0, Revenue 0 Community Development Technical assistance is provided to businesses and communities for planning, business services preparation of business plans, marketing, second stage business planning, loan financing, access to technology, and climate resiliency. A total of 1,157 business and 542 community encounters were performed. The Community Impact Lending department provided technical assistance through a total of 708 encounters and approved 1,715,120 in loans to16 clients. Housing EMDC received a new grant in 2023 to perform a pilot project to assess housing stock and needs. Equity Impact Investments We are working to develop the EMDC Equity Center which will house the immigrant Welcome Center, regional project development, staffing for Piscataquis County economic development and the Recreation Economy for Rural Community program, and a childcare center for those receiving workforce and ESL training by EMDC. Broadband EMDC received 185,000 in funds for Year two of the Regional and Tribal Broadband Partners program. Form 990, Part III, Line 4d Program Service Expenses 0, Grants and allocations 0, Revenue 0 APEX Maine APEX Program The Federal Procurement Technical Assistance Program PTAP was set up under Title 10, United States Code, Chapter 142 in 1985. It is implemented in Maine through the Maine APEX Accelerator Program. Maine APEX is a statewide program which offers procurement technical assistance services to Maine Businesses on issues related to government contracting. During 2023, Maine APEX staff sponsored 38 outreach events, including training workshops, and participated in 63 non-sponsored outreach events. The program also provides one-on-one counseling and a Bid Match service to the 1,217 active clients and supplies them with relevant information about government contracting through newsletters, online training, social media platforms and a website www.maineapex.com. Clients assisted by Maine APEX have reported over 2,459 government prime and subcontract awards worth over 2.359 billion during 2023. Form 990, Part III, Line 4d Program Service Expenses 9,226,958, Grants and allocations 0, Revenue 0 Workforce Services Program EMDC provided an extensive array of workforce development services to economically disadvantaged adults, at-risk youth, dislocated workers, seasonal and migrant farmworkers and individuals re entering the workforce from incarceration and/or substance use disorder recovery services throughout Penobscot, Piscataquis, Washington and Hancock counties. EMDC invested in direct workforce services to 754 individuals through a number of funding programs including US Department of Labors Workforce Innovation and Opportunity Act WIOA and US Department of Labors National Dislocated Worker Grant NDWG-Opioid. 85 of the individuals served during the FY23 period were enrolled in our Opioid National Dislocated Worker Grant ONDWG. These services are delivered at no cost to participants who meet the eligibility criteria for the following programs and include Occupational Skills Training, On-the-Job Training OJT, Work Experience, Basic Education Skills, Employability Services and Supportive Services. Form 990, Part VI, Section B, Line 11b The Form 990 is provided to the Board of Directors for consent before filing Form 990, Part VI, Section B, Line 12c The monitoring is applied consistently and conflicts of interest that arise are handled immediately with disciplinary or discharge action taken. The directors are required to read and sign a copy of the conflict of interest policy at each Board of Directors meeting. Form 990, Part VI, Section B, Line 15 The Board of Directors set the compensation for the President and appoints a sub-committee made up of directors to review the Presidents performance. The sub-committee makes recommendations to the Board for salary increases and sets performance goals accordingly. The President is responsible for reviewing the performance of key employees, establishing pay and setting performance goals. The organization uses comparable data for its industry group and locale to set its pay structure Form 990, Part VI, Section C, Line 19 Governing documents, conflict of interest policy and financial statements are available to the public upon request