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Nonprofit · EIN 01-0433385

BANGOR CENTER MANAGEMENT CORP

Tax-exempt · BANGOR, ME 04401

Financials

$190K$186K2022$214K$245K2023$554K$528K2024
Revenue Expenses · by fiscal year end
Financials of BANGOR CENTER MANAGEMENT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$553,885$528,215$25,670$49,186$34,445$14,741
June 30, 2024990$213,850$245,036-$31,186$10,036$20,965-$10,929
June 30, 2023990-EZ$190,324$186,437$3,887$38,045$17,788$20,257
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$43,787
of which government grants
$10,160
Program service revenue
$468,963
Investment income
$936
Net income from fundraising events
$39,821
Other revenue
$40,199

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$56,134
Other salaries and wages
$46,054
Salaries, compensation and benefits (total)
$113,115
Professional fundraising fees
$0
Legal fees
$714
Accounting fees
$3,470
Occupancy
$8,115
Depreciation
$167
Program services (functional)
$490,396
Management and general (functional)
$37,819

Balance sheet and other

Total assets, start of year
$10,036
Total assets, end of year
$49,186
Total liabilities, end of year
$34,445
Net assets, end of year
$14,741
Land, buildings and equipment
$1,253
Net assets without donor restrictions
$14,741
Gross receipts
$554,234
Employees
2
Volunteers
80
Year formed
1987
State of legal domicile
ME

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
BETSY LUNDYExecutive Dir.
Officer
40$56,134
CAROLYN FISHDirector
Trustee or director
5$0
ALTON BUZZELLVice President
Trustee or director, Officer
5$0
JOHN DOBBSDirector
Trustee or director
5$0
KRISTEN MCALPINEDirector
Trustee or director
5$0
ROBBIE BEATONDirector
Trustee or director
5$0
BRIAN STANLEYDirector
Trustee or director
5$0
JAKE BERKOWITZDirector
Trustee or director
5$0
JILLIAN SARNAKIDirector
Trustee or director
5$0
WAYNE JOHANSSONDirector
Trustee or director
5$0
JESSICA WARDDirector
Trustee or director
5$0
IMKE JANDREAUPresident
Trustee or director, Officer
5$0
BEN TREATSecretary
Trustee or director, Officer
5$0
JODI CLAYTONDirector
Trustee or director
5$0
AUTUMN TIERNEYDirector
Trustee or director
5$0
1 more people on this return
NameTitleHours / weekCompensation
SARAH GLUECKTreasurer
Trustee or director, Officer
5$0
990 for the year ended June 30, 2024: 14 people
NameTitleHours / weekCompensation
BETSY LUNDYExecutive Dir.
Officer
40$50,291
JESSAMINE POTTLEVice President
Trustee or director
5$0
ABE FURTHDirector
Trustee or director
5$0
ROBBIE BEATONDirector
Trustee or director
5$0
SANDRA KLAUSMEYERDirector
Trustee or director
5$0
CHRIS RUDOLPHDirector
Trustee or director
5$0
ERIC MIHANPresident
Trustee or director
5$0
WAYNE JOHANSSONDirector
Trustee or director
5$0
PHIL HENRYDirector
Trustee or director
5$0
IMKE JANDREAUDirector
Trustee or director
5$0
BEN TREATSecretary
Trustee or director
5$0
BEV UHLENHAKEDirector
Trustee or director
5$0
AUTUMN TIERNEYDirector
Trustee or director
5$0
SARAH GLUECKTreasurer
Trustee or director
5$0
990-EZ for the year ended June 30, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
BETSY LUNDYExecutive Dir.40$43,578$1,827
JESSAMINE POTTLEVice President5$0–
JOSEPH LEONARDCOUNCIL REP5$0–
ABE FURTHDirector5$0–
ROBBIE BEATONDirector5$0–
SANDRA KLAUSMEYERDirector5$0–
CHRIS RUDOLPHDirector5$0–
ERIC MIHANPresident5$0–
WAYNE JOHANSSONDirector5$0–
PHIL HENRYDirector5$0–
IMKE JANDREAUDirector5$0–
BEN TREATSecretary5$0–
BEV UHLENHAKEDirector5$0–
AUTUMN TIERNEYDirector5$0–
SARAH GLUECKDirector5$0–
NARZIN DIXONTreasurer5$0–

Address and contacts

Address (IRS master file)
61 MAIN ST SUITE 47, BANGOR, ME 04401-6397
In care of
% COMIT ECON DEV
Principal officer (990 for 2024)
BETSY LUNDY, 9 Central Street 10, Bangor, ME 04401
Signed the 990
BETSY LUNDY, Executive Director
Phone
(207) 922-2451
Return prepared by
Tate-Fitch PA

Mission

PROMOTION OF DOWNTOWN BANGOR, MAINE

990 for the year ended June 30, 2025

Program accomplishments

  • BANGOR CENTER CORPORATION HOLDS EVENTS SUCH AS THE HOLIDAY CELEBRATIONS, CULTURAL FESTIVALS, OUTDOOR MARKETS AND SUMMERTIME CONCERT SERIES. THE ORGANIZATION ALSO PROVIDES LAW ENFORCEMENT AND BEAUTIFICATION ACTIVITIES, AND DISTRIBUTES VARIOUS MARKETING MATERIALS.
    Expenses $490,396

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
01-0433385
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1989
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$49,186
Income (IRS master file)
$554,234

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$553,885$528,215$49,186IRS
990June 2024$213,850$245,036$10,036XML
990-EZJune 2023$190,324$186,437$38,045XML
990-EZJune 2022–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0433385).

Questions about BANGOR CENTER MANAGEMENT CORP

What is the EIN of BANGOR CENTER MANAGEMENT CORP?
The employer identification number (EIN) of BANGOR CENTER MANAGEMENT CORP is 01-0433385.
Is BANGOR CENTER MANAGEMENT CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1989.
Are donations to BANGOR CENTER MANAGEMENT CORP tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BANGOR CENTER MANAGEMENT CORP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BANGOR CENTER MANAGEMENT CORP due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BANGOR CENTER MANAGEMENT CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of BANGOR CENTER MANAGEMENT CORP?
The 990 for the year ended June 30, 2025 names BETSY LUNDY.
Who are the officers and directors of BANGOR CENTER MANAGEMENT CORP?
The 990 for the year ended June 30, 2025 lists 16 people; 1 received compensation from the organization, the highest $56,134 (BETSY LUNDY, Executive Dir.).
How much revenue does BANGOR CENTER MANAGEMENT CORP have?
On its 990 for the year ended June 30, 2025 it reported revenue of $553,885, expenses of $528,215 and total assets of $49,186 at year end.

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