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Nonprofit · EIN 04-3364974

SKOWHEGAN ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · SKOWHEGAN, ME 04976

Financials

$17K$102K2022$61K$28K2023$278K$91K2024
Revenue Expenses · by fiscal year end
Financials of SKOWHEGAN ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$278,323$91,281$187,042$1,855,439$3,304$1,852,135
June 30, 2024990$61,200$27,888$33,312$1,675,827$10,734$1,665,093
June 30, 2023990$16,657$102,484-$85,827$1,633,506$1,725$1,631,781
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$207,500
Program service revenue
$0
Investment income
$520
Net rental income
$70,303
Other revenue
$70,303

Expenses

Grants and similar amounts paid
$78,765
Compensation of officers, directors and key employees
$2,969
Salaries, compensation and benefits (total)
$2,969
Professional fundraising fees
$0
Program services (functional)
$78,765
Management and general (functional)
$12,516

Balance sheet and other

Total assets, start of year
$1,675,827
Total assets, end of year
$1,855,439
Total liabilities, end of year
$3,304
Net assets, end of year
$1,852,135
Land, buildings and equipment
$1,132,521
Net assets without donor restrictions
$1,651,976
Net assets with donor restrictions
$200,159
Gross receipts
$411,624
Employees
0

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 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
BRYAN BELLIVEAUExecutive Dir.
Officer
0$2,969
COLE CLEMENTDirector
Trustee or director
0$0
BILLY FINLEYChairman
Trustee or director, Officer
0$0
KRISTINA CANNONDirector
Trustee or director
0$0
STEVE GOVONIDirector
Trustee or director
0$0
REID GIBSONDirector
Trustee or director, Officer
0$0
STEVE GRAYDirector
Trustee or director
0$0
DONNA MCGORTYTreasurer
Trustee or director
0$0
Patrick MooreDirector
Trustee or director
0$0
MATT DUBOISVice Chairman
Trustee or director, Officer
0$0
ALLISON MANTORDirector
Trustee or director
0$0
JEFF HEWETTExecutive Dir.
Officer
0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensation
COLE CLEMENTDirector
Trustee or director
0$0
BILLY FINLEYChairman
Trustee or director, Officer
0$0
KRISTINA CANNONDirector
Trustee or director
0$0
STEVE GOVONIDirector
Trustee or director
0$0
REID GIBSONDirector
Trustee or director, Officer
0$0
STEVE GRAYDirector
Trustee or director
0$0
DONNA MCGORTYTreasurer
Trustee or director
0$0
Patrick MooreDirector
Trustee or director
0$0
MATT DUBOISVice Chairman
Trustee or director, Officer
0$0
JEFF HEWETTExecutive Dir.
Officer
0$0
990 for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensation
COLE CLEMENTDirector
Trustee or director
0$0
BILLY FINLEYChairman
Trustee or director, Officer
0$0
KRISTINA CANNONDirector
Trustee or director
0$0
STEVE GOVONIDirector
Trustee or director
0$0
REID GIBSONDirector
Trustee or director, Officer
0$0
JASON GAYNETreasurer
Trustee or director
0$0
STEVE GRAYDirector
Trustee or director
0$0
DONNA MCGORTYDirector
Trustee or director
0$0
MATT DUBOISVice Chairman
Trustee or director, Officer
0$0

Address and contacts

Address (IRS master file)
225 WATER ST, SKOWHEGAN, ME 04976-1711
In care of
% JEFF HEWETT
Signed the 990
BRYAN BELLIVEAU, Executive Director
Return prepared by
Brantner Thibodeau & Assoc

Mission

To foster, encourage and assist in the location, settlement or resettlement of industry and recreational, agricultural,and other business enterprises in the Town of Skowhegan and in the County of Somerset.

990 for the year ended June 30, 2025

Program accomplishments

  • TO FOSTER, ENCOURAGE AND ASSIST IN BUSINESS INTERESTS IN THE TOWN OF SKOWHEGAN AND COUNTY OF SOMERSET BY PROVIDING AFFORDABLE RENTAL SPACE TO NEW AND GROWING BUSINESSES IN THE AREA.
    Expenses $78,765 · revenue $207,500

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 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
04-3364974
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1998
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,855,439
Income (IRS master file)
$411,624

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$278,323$91,281$1,855,439IRS
990June 2024$61,200$27,888$1,675,827XML
990June 2023$16,657$102,484$1,633,506IRS
990June 2022-$46,435$6,635$1,736,814IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––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 04-3364974).

Questions about SKOWHEGAN ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of SKOWHEGAN ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of SKOWHEGAN ECONOMIC DEVELOPMENT CORPORATION is 04-3364974.
Is SKOWHEGAN ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to SKOWHEGAN ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SKOWHEGAN ECONOMIC DEVELOPMENT CORPORATION 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 SKOWHEGAN ECONOMIC DEVELOPMENT CORPORATION 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 SKOWHEGAN ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who are the officers and directors of SKOWHEGAN ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 lists 12 people; 1 received compensation from the organization, the highest $2,969 (BRYAN BELLIVEAU, Executive Dir.).
How much revenue does SKOWHEGAN ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $278,323, expenses of $91,281 and total assets of $1,855,439 at year end.

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