Overview
What is Bangor Target Area Development Corp?
Bangor Target Area Development Corp, situated in Bangor, Maine, serves as an economic development organization. Their primary focus is on fostering industry growth within the city. This nonprofit entity actively works towards promoting local industries, aiming to enhance Bangor's economic landscape.
Is Bangor Target Area Development Corp legitimate?
Bangor Target Area Development Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Bangor Target Area Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $41,344
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Bangor Target Area Development Corp?
The Bangor Target Area Development Corporation serves as an economic development organization with a mission to foster and stimulate industry growth within its sphere. Its primary objective is to promote industrial development, working towards enhancing the economic landscape in its area of focus. The corporation operates with the aim of attracting and retaining businesses, ultimately contributing to the overall economic prosperity of the industry sector.
Who is the CEO of Bangor Target Area Development Corp?
Steve Bolduc is the Director of Bangor Target Area Development Corp.
What is the revenue of Bangor Target Area Development Corp?
Bangor Target Area Development Corp's revenue in 2022 was $290,646.
Who are the executives of Bangor Target Area Development Corp and what are their salaries?
The average compensation at Bangor Target Area Development Corp during 2022 was $41,344. There is 1 employee at Bangor Target Area Development Corp.
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Where can I find the form 990 for Bangor Target Area Development Corp?
Bangor Target Area Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bangor Target Area Development Corp
Bangor Target Area Development Corporation, an economic development organization, is dedicated to fostering industry growth in Bangor. With a clear mission, this organization strives to promote industrial development within the city, aiming to enhance its economic landscape and create opportunities for local businesses. By championing industry advancement, Bangor Target Area Development Corporation contributes to the overall prosperity of the community.
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Impact
October, 2024
Bangor Target Area Development Corp plays a crucial role in promoting industrial growth and economic development in Bangor, Maine. By focusing on attracting and supporting local industries, the organization contributes to job creation, workforce development, and the overall economic vitality of the community. Its efforts foster an environment conducive to business growth, which in turn enhances the quality of life for residents. This initiative not only stimulates local commerce but also encourages community improvement, making Bangor a more attractive place for both businesses and individuals.
This information is meant to be a general summary of Bangor Target Area Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$651
- Program Service Revenue: $291,297
- Gross Receipts: $358,850
Assets and Liabilities:
- Total Assets: $1,647,470
- Total Liabilities: $264,649
- Net Assets: $1,382,821
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE FEES - INCUBATOR
Revenue
$285,455
ELECTRICITY REIMBURSEM
Revenue
$5,842
Organization Details
Founding Year
1972
Phone
(207) 947-7948Principal Officer
Steve Bolduc
Main Address
PO BOX 262, BANGOR, ME, 044020262
NTEE Category
Code: S30 - Community improvement
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