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SCARBOROUGH ECONOMIC DEVELOPMENT CORP

SCARBOROUGH, Maine, 04070

EIN: 01-0409428

Community Improvement, Capacity Building

DEMOGRAPHIC

ADDRESS
PO BOX 550
04070
COUNTY
cumberland county, ME

ORGANIZATIONAL OVERVIEW & RANKINGS

SCARBOROUGH ECONOMIC DEVELOPMENT CORP is a based in SCARBOROUGH, ME, focused on Community Improvement, Capacity Building causes . Established in October 1988, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $61,698.00, this ranks 552,034 among 2,656,690 nonprofits nationally (Top 21%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 3,622 out of 14,457 organizations in ME (Top 25%).

In cumberland county, ME, the organization ranks 1,081 out of 3,666 nonprofits by assets (Top 30%), while locally in scarborough, it stands at 57 among 228 organizations (Top 19%).

The organization reported annual revenue of $281,178.00, ranking 245,301 nationally (Top 10%) and 1,621 in ME (Top 12%).

Within its specific NTEE classification (S31Z - S: Community Improvement, Capacity Building), which includes 344 similar organizations, SCARBOROUGH ECONOMIC DEVELOPMENT CORP ranks 241 in assets (Top 66%) and 133 in revenue (Top 34%).

The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Attracting new industry or retaining industry in an area
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
N/A
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$281,178.00
FORM 990 REVENUE AMOUNT
$281,178.00
RULING DATE
10/1988
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$61,698.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
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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