2015-11-12T11:22:50-00:00 2015-06-30 RHR Smith & Company CPAs 3 Old Orchard Rd Buxton ME 04093 990 2014-07-01 222635303 Northern Maine Development Commission NORT 2074988736 11 West Presque Isle Road Caribou ME 04736 Robert Clark Executive Director 2015-11-12 true Ronald R Smith CPA 2079294606 2015-11-12 2014 2016-04-25 22:37:26Z Jim Tweedie 97 Trafford Road Blaine ME 04734 6852610 false X www.nmdc.org X 1969 ME To serve the northern Maine region with effective regional community planning and economic development. 29 27 23 0 6032936 5179489 1154964 1163168 2327 1626 1266344 508327 8456571 6852610 0 0 1393747 1100470 0 0 6355534 6124247 7749281 7224717 707290 -372107 13488238 13252402 7120786 7340718 6367452 5911684 To serve the northern Maine region with effective regional community planning and economic development. false false 654418 376787 766169 Revolving Loan Fund- Financing to local businesses involved in agriculture or manufacturing, to assist in the creation of jobs and strengthen the economy in Northern Maine. 1673696 1048980 Community Fund- Provides support for all the areas of program services to the Agency. 4896603 4602702 158490 Other Grants- Various marketing and development grants which all enhance the image of Northern Maine, and to develop a strong agriculture and manufacturing business image. 7224717 true false false false false false false false false false true false false true false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 15 0 true 23 true false false false false false false false false false false false false false X 29 27 true false false false false true true true true false false true true true true true true true true false X Ruby Bradbury 2074988736 11 West Presque Isle Rd Caribou ME 04736 X Don Adams Director 001.00 X 0 0 0 Keith Brown Director 001.00 X 0 0 0 Jim Bennett Director 001.00 X 0 0 0 Mary Ann Buck Director 001.00 X 0 0 0 Patricia Sutherland Director 001.00 X 0 0 0 Ralph Dwyer Director 001.00 X 0 0 0 Denis Gagne Director 001.00 X 0 0 0 Jim Gardner Director 001.00 X 0 0 0 Charles Harris Director 001.00 X 0 0 0 Jon Frederick Director 001.00 X 0 0 0 Max Lynds Director 001.00 X 0 0 0 Ray Mersereau Director 001.00 X 0 0 0 Wendell Spooner Director 001.00 X 0 0 0 Butch Asselin Director 001.00 X 0 0 0 Patricia Pelletier Director 001.00 X 0 0 0 Larry Duchette Director 001.00 X 0 0 0 Jim Tweedie Director 001.00 X 0 0 0 John Davis Director 001.00 X 0 0 0 Terry Wade Director 001.00 X 0 0 0 Jim Gagnon Director 001.00 X 0 0 0 Austin Bleess Director 001.00 X 0 0 0 Dan McClung Director 001.00 X 0 0 0 Jim Nadeau Director 001.00 X 0 0 0 Thomas Clowes Director 001.00 X 0 0 0 Norm Fournier Director 001.00 X 0 0 0 Paul Underwood Director 001.00 X 0 0 0 Don Guimond Chair 001.00 X 0 0 0 Christy Sirois Vice Chair 001.00 X 0 0 0 Christina Therrien Treasurer 001.00 X 0 0 0 Austin Bleess Secretary/Clerk 001.00 X 0 0 0 Robert Clark Executive Director 040.00 X 112270 0 0 Robert Dorsey APP President 040.00 X 105231 0 0 Duane P Walton Director of Business Finance 040.00 X 100170 0 0 317671 3 false false false Aroostook County Action Program 771 Main St Presque Isle ME 04769 Service Provider - WIA program 770747 Maine Department of Labor 54 State House Station Augusta ME 04333 Service Provider - WIA program 298510 County Environmental Engineering 177 Cyr Rd Cross Lake Twp ME 04779 Brownfields Engineering Services 234472 Eastern Maine Development Commission 40 Harlow Street Bangor ME 04401 Service Provider - WIA program 1835649 4 4979489 200000 5179489 Town County Assessments 169147 169147 Interest Earned on Loan Funds 420886 420886 Financial Services 61778 61778 Contract Income 138624 138624 Administrative Services 372733 372733 1163168 1626 1626 Other 508327 508327 6852610 1163168 1626 0 0 0 0 0 0 1100470 1100470 0 0 0 0 0 0 0 0 0 0 371478 371478 0 0 0 88297 88297 0 0 119574 119574 0 0 0 Other 120075 120075 Division cost pool/deferred cost pool 517702 517702 Indirect cost 551499 551499 Loan losses 118754 118754 4236868 4236868 7224717 7224717 0 0 2281755 1555341 558008 505013 133956 165044 8974883 9501018 4933 2716 2261844 1455546 880944 806298 653759 716972 13488238 13252402 845002 672942 55482 53480 5952155 5947795 268147 666501 7120786 7340718 X 618704 -126923 5748748 6038607 6367452 5911684 13488238 13252402 X -372107 -83661 X false true X true true true X 3647689 4161018 4996773 6192510 5179489 24177479 3647689 4161018 4996773 6192510 5179489 24177479 24177479 19029 5210 3267 2327 1626 31459 373335 483318 566770 1266344 429260 3119027 27327965 7492519 0.88470 0.87190 X 0.00000 0.00000 false 621476 621476 533316 533316 1107052 1107052 1455546 -1455546 806298 Financial derivatives and other financial products Closely-held equity interests Interest Receivable 52293 Deferred Cost Pool 664679 716972 Federal income taxes 6953128 100518 100518 6852610 6852610 7325235 100518 100518 7224717 7224717 Form 990, Part VI, Section A, Line 2 Jim Tweedie and Mary Ann Buck have a family relationship. Form 990, Part XI, Section A, Line 7a b The Board of Directors must ratify all contracts, grants, committee members, changes to policies, etc. They provide general guidance. Members are appointed to represent the towns who pay dues. Form 990, Part VI, Section B, Line 11b The board reviews the 990 at the next board meeting. Form 990, Part VI, Section B, Line 12c Officers sign a conflict of interest policy annually to ensure compliance with the policy. Form 990, Part VI, Section B, Line 15a b It is the policy of NMDC that if a raise exceeds 3, it must be approved by the board. Only merit raises are given. The board approves the salary budget. Supervisors suggest the percentage of the raise, but it is approved by the executive director and operations director, and the board if it exceeds 3. The executive director reviews the operations director and the board reviews the executive director. Form 990, Part VI, Section C, Line 19 The documents are available upon request. Form 990, Part XI, Line 9 This amounts the change in deferred costs that are recorded on the balance sheet and will be recovered in future years through the Commissions indirect cost proposal negotiation. It has been approved by the Commissions oversight agency.