2014-10-10T12:43:30-00:00 2014-06-30 RHR Smith & Company CPA's 3 Old Orchard Rd Buxton ME 04093 990 2013-07-01 222635303 Northern Maine Development Commission NORT 2074988736 11 West Presque Isle Road Caribou ME 04736 Robert Clark Executive Director 2074988736 2014-09-10 true Ronald Smith 2079294606 2014-09-10 2013 2015-11-30 17:44:51Z Jim Tweedie 97 Trafford Road Blaine ME 04734 8456571 false X www.nmdc.org X 1969 ME To serve the northern Maine region with effective regional community planning and economic development. 27 25 34 26 0 4819746 6032936 1203925 1154964 3267 2327 566770 1266344 6593708 8456571 0 0 1635075 1393747 0 0 5354971 6355534 6990046 7749281 -396338 707290 13654576 13488238 7994414 7120786 5660162 6367452 To serve the northern Maine region with effective regional community planning and economic development. false false 692857 98250 1045690 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. 1697156 750000 1242740 Community Fund- Provides support for all the areas of program services to the Agency. 5359268 5184686 252980 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. 7749281 true false false false false false false false false false true false false false 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 true false true false true 11 0 true 34 true false false false false false false false false false false false false false X 27 25 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 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 Jeff Packard 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 Patricia Pelletier 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 Norm Fournier Director 001.00 X 0 0 0 Paul Underwood Director 001.00 X 0 0 0 Tom Clowes 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 112107 0 0 112107 1 false false false Aroostook County Action Program 771 Main St Presque Isle ME 04769 Service Provider - WIA program 789910 Maine Department of Labor 54 State House Station Augusta ME 04333 Service Provider - WIA program 249333 Vital Economy PO Box 314 Riderwood MD 21139 Mobilize Maine Project JIAC 109680 Eastern Maine Development Commission 40 Harlow Street Bangor ME 04401 Service Provider - WIA program 1591294 Soderberg Construction 460 York Street Caribou ME 04736 Pass Thru for Washburn Dam Project 116850 5 6032936 6032936 Town County Assessments 159574 159574 Interest Earned on Loan Funds 419339 419339 Financial Services 75137 75137 Contract Income 137710 137710 Administrative Services 363204 363204 1154964 2327 2327 Other 1266344 1266344 8456571 1154964 2327 0 0 0 0 0 0 1393747 1393747 0 0 0 0 0 0 0 0 0 0 351721 351721 0 0 0 84080 84080 0 0 129423 129423 0 0 0 Other 393820 393820 Division cost pool 474754 474754 Indirect cost 696415 696415 Loan losses 113063 113063 4112258 4112258 7749281 7749281 0 0 2612883 2281755 656956 558008 149434 133956 8568160 8974883 8707 4933 2248670 1367726 962700 880944 695736 653759 13654576 13488238 1386442 845002 51751 55482 6236423 5952155 319798 268147 7994414 7120786 X 695424 618704 4964738 5748748 5660162 6367452 13654576 13488238 X 707290 X false true X true true true X 2287404 3647689 4161018 4996773 6192510 21285394 2287404 3647689 4161018 4996773 6192510 21285394 21285394 14180 19029 5210 3267 2327 44013 393836 373335 483318 566770 1266344 3083603 24413010 7388006 0.87190 0.89090 X 0.00000 0.00000 false 621476 621476 520142 520142 1107052 1107052 1367726 -1367726 880944 Financial derivatives and other financial products Closely-held equity interests Federal income taxes 8574346 117775 117775 8456571 8456571 7867057 117776 117776 7749281 7749281 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. Northern Maine Finance Corporation 11 West Presque Isle Rd Caribou ME 04736 562296850 Improvement of economy and creation of jobs in Northern Maine ME 501 c 3 7 N/A false false false false false false false false false false false false false false true false false false false false Northern Maine Finance Corporation n