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MIDCOAST MAGNET

CAMDEN, Maine, 04843

EIN: 20-2706715

Community Improvement, Capacity Building

DEMOGRAPHIC

ADDRESS
PO BOX 1044
04843
COUNTY
knox county, ME

ORGANIZATIONAL OVERVIEW & RANKINGS

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.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S40: Business and Industry
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A current revocation appears on the IRS revocation list
Revoked: Saturday, May 15, 2010;

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."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.

Data current as of Oct. 2024
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
11/2011
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$32,132.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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