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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 01-0376892

FREEPORT ECONOMIC DEVELOPMENT CORP

Tax-exempt · FREEPORT, ME 04032

Financials

$143K$161K2023$60K$40K2024
Revenue Expenses · by fiscal year end
Financials of FREEPORT ECONOMIC DEVELOPMENT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$60,176$40,226$19,950$109,003–$109,003
June 30, 2024990-EZ$143,010$161,452-$18,442$89,054–$89,054
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$60,000
Investment income
$10
Other revenue
$166

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$33,746
Other expenses
$6,480

Balance sheet and other

Total assets, start of year
$89,053
Total assets, end of year
$109,003
Total liabilities, end of year
–
Net assets, end of year
$109,003
Cash, savings and investments
$106,997
Gross receipts
$60,176

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARY DAVISPRESIDENT1$0
DAN BACONVICE PRESIDE1$0
CANDICE RINALDITREASURER1$0
KEN SPARTADIRECTOR1$0
JASON SULHAMDIRECTOR1$0
MARK MALONEDIRECTOR1$0
REBECCA DOTEN LIZOTTEDIRECTOR1$0
STEFANIE MILLETTEDIRECTOR1$0
NIKKI YANOK-SCHNEIDERDIRECTOR1$0
TAWNI WHITNEYDIRECTOR1$0
ANDY ARSENAULTDIRECTOR1$0
JOHN EGANEX OFFICIO1$0
990-EZ for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
BRETT RICHARDSON THRU 63024EXECUTIVE DI40$93,323$9,332
MARY DAVISPRESIDENT1$0–
DAN BACONVICE PRESIDE1$0–
CANDICE RINALDITREASURER1$0–
KEN SPARTADIRECTOR1$0–
JASON SULHAMDIRECTOR1$0–
MARK MALONEDIRECTOR1$0–
LEANNE BARSCHDORF-NICHOLSDIRECTOR1$0–
REBECCA DOTEN LIZOTTEDIRECTOR1$0–
SARAH B TRACYDIRECTOR1$0–
STEFANIE MILLETTEDIRECTOR1$0–
JAMES HENDRICKSDIRECTOR1$0–
NIKKI YANOK-SCHNEIDERDIRECTOR1$0–
TAWNI WHITNEYDIRECTOR1$0–
SOPHIA WILSONEX OFFICIO1$0–
DAN PILTCHTOWN COUNCIL1$0–

Address and contacts

Address (IRS master file)
30 MAIN ST, FREEPORT, ME 04032-1209
Signed the 990-EZ
MARY DAVIS, PRESIDENT
Phone
(207) 865-4743
Return prepared by
RUNYON KERSTEEN OUELLETTE

Mission

PROMOTION OF ECONOMIC DEVELOPMENT

990-EZ for the year ended June 30, 2025

Program accomplishments

  • THE CORPORATION HAS DEVELOPED SPECIAL EVENTS, MARKETING BROCHURES, AND OTHER ADVERTISING TO MARKET THE TOWN OF FREEPORT AS A FAVORABLE BUSINESS LOCATION.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990-EZ on file

File the 2025 990-EZ for FREEPORT ECONOMIC DEVELOPMENT CORP

Due November 16, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
01-0376892
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2000
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$109,003
Income (IRS master file)
$60,176

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$60,176$40,226$109,003XML
990-EZJune 2024$143,010$161,452$89,054XML
990-EZJune 2023–––IRS
990-EZJune 2022–––IRS
990-EZJune 2021–––IRS
990-EZJune 2020–––IRS
990-EZJune 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0376892).

Questions about FREEPORT ECONOMIC DEVELOPMENT CORP

What is the EIN of FREEPORT ECONOMIC DEVELOPMENT CORP?
The employer identification number (EIN) of FREEPORT ECONOMIC DEVELOPMENT CORP is 01-0376892.
Is FREEPORT ECONOMIC DEVELOPMENT CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2000.
Are donations to FREEPORT ECONOMIC DEVELOPMENT CORP tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FREEPORT ECONOMIC DEVELOPMENT CORP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FREEPORT ECONOMIC DEVELOPMENT CORP due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FREEPORT ECONOMIC DEVELOPMENT CORP last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who are the officers and directors of FREEPORT ECONOMIC DEVELOPMENT CORP?
The 990-EZ for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does FREEPORT ECONOMIC DEVELOPMENT CORP have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of $60,176, expenses of $40,226 and total assets of $109,003 at year end.

Other nonprofits in FREEPORT

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