NonprofitsScarborough Economic Development Corp

Community Improvement & Capacity Building

Scarborough Economic Development Corp

SCARBOROUGH, ME

Total revenue

$296K

Total expenses

$296K

Net assets

$49K

Grants received

$3K

9 grants

EIN

010409428

Tax year

2023

Mission

The scarborough economic development corporation (sedco) develops, supports and promotes sustainable economic development practices leading to a healthy, diverse and resilient local economy for the scarborough community.

Financials

FY 2023

Revenue

Contributions & grants$296K
Program service revenue
Investment income$50
Other revenue
Total revenue$296K

Expenses

Grants paid
Salaries & benefits$251K
Fundraising
Other expenses$46K
Total expenses$296K
Total assets$67K
Net assets$49K

People

8 listed

NameRoleCompensation

KAREN MARTIN

EXECUTIVE DI

Board

$99K

40 hrs/wk

JONATHAN CRASNICK

CHAIRPERSON

Board

2 hrs/wk

JAMES HARTLEY

TREASURER

Board

2 hrs/wk

TRAVIS KENNEDY

VICE CHAIR

Board

2 hrs/wk

RICK SHINAY

SECRETARY/CL

Board

2 hrs/wk

JASON PERKINS

DIRECTOR

Board

1 hrs/wk

HELLEN CELLA

DIRECTOR

Board

1 hrs/wk

ALLEN PAUL

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$250
General Operating Support
2024
$250
General Operating Support
2023
$250
General Operating Support
2022
$250
General Operating Support
2021
$500
General Purpose
2020
$250
General Operating Support
2019

Funded by

$3K from 3 funders · 9 grants · 2019–2024

Atlantic Federal Credit Union Foundation

$2K · 3 grants · 2022–2024

Saco & Biddeford Savings

$1K · 5 grants · 2019–2024

Biddeford and Mechanics Savings

$500 · 1 grant · 2020

Details

EIN010409428
NTEE codeS31Z
Subsection03
Ruling date1988-10
Formed1985
Employees2
Volunteers2
SCARBOROUGH ECONOMIC DEVELOPMENT CORP — Mission, Financials & Grants Received | Grantivo