MIDCOAST MAGNET is a based in CAMDEN, ME, focused on Community Improvement, Capacity Building causes , specifically Business and Industry. Established in November 2011, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $32,132.00, this ranks 617,273 among 2,656,690 nonprofits nationally (Top 24%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 3,929 out of 14,457 organizations in ME (Top 28%).
In knox county, ME, the organization ranks 197 out of 629 nonprofits by assets (Top 29%), while locally in camden, it stands at 58 among 138 organizations (Top 29%).
The organization reported no revenue in the most recent filing period, placing it at 648,256 nationally and 3,937 in ME.
Within its specific NTEE classification (S40 - S: Community Improvement, Capacity Building), which includes 3,919 similar organizations, MIDCOAST MAGNET ranks 1,155 in assets (Top 30%) and 1,534 in revenue (Top 39%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2010 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
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