SOMERSET ECONOMIC DEVELOPMENT CORPORATION
SKOWHEGAN,
Maine,
04976
EIN: 01-0535534
Public, Society Benefit - Multipurpose and Other
DEMOGRAPHIC
ADDRESS
41 COURT STREET
04976
COUNTY
somerset county, ME
IN CARE OF NAME
JIM BATEY
ORGANIZATIONAL OVERVIEW & RANKINGS
SOMERSET ECONOMIC DEVELOPMENT CORPORATION is a based in SKOWHEGAN, ME, focused on Public, Society Benefit - Multipurpose and Other causes , specifically Government and Public Administration. Established in October 2000, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $3,148,019.00, this ranks 118,046 among 2,656,690 nonprofits nationally (Top 5%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 768 out of 14,457 organizations in ME (Top 6%).
In somerset county, ME, the organization ranks 15 out of 404 nonprofits by assets (Top 3%), while locally in skowhegan, it stands at 7 among 78 organizations (Top 7%).
The organization reported annual revenue of $1,217,524.00, ranking 112,928 nationally (Top 5%) and 724 in ME (Top 5%).
Within its specific NTEE classification (W20 - W: Public, Society Benefit - Multipurpose and Other), which includes 823 similar organizations, SOMERSET ECONOMIC DEVELOPMENT CORPORATION ranks 47 in assets (Top 6%) and 79 in revenue (Top 9%).
The organization files a 990 (all other) or 990EZ return 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
W: Public, Society Benefit - Multipurpose and Other
NTEE CODE
W20: Government and Public Administration
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
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,217,524.00
FORM 990 REVENUE AMOUNT
$1,217,524.00
RULING DATE
10/2000
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$3,148,019.00
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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