Nonprofit · EIN 20-1480528
GULF OF MAINE PROPERTIES INC
Tax-exempt · PORTLAND, ME 04101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,006,163 | $1,075,525 | -$69,362 | $9,409,103 | $2,624,884 | $6,784,219 |
| June 30, 2024 | 990 | $1,081,738 | $1,077,818 | $3,920 | $10,423,459 | $2,709,849 | $7,713,610 |
| June 30, 2023 | 990 | $1,191,396 | $1,159,352 | $32,044 | $10,597,155 | $2,881,768 | $7,715,387 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $985,710
- Investment income
- $20,453
- Net gain from sales of assets
- -$25,633
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $11,660
- Occupancy
- $358,303
- Depreciation
- $311,302
- Program services (functional)
- $874,816
- Management and general (functional)
- $200,709
Balance sheet and other
- Total assets, start of year
- $10,423,459
- Total assets, end of year
- $9,409,103
- Total liabilities, end of year
- $2,624,884
- Net assets, end of year
- $6,784,219
- Land, buildings and equipment
- $8,282,848
- Publicly traded securities
- $409,305
- Net assets without donor restrictions
- $6,784,219
- Gross receipts
- $1,853,566
- Employees
- 0
- Volunteers
- 2
- Year formed
- 2004
- State of legal domicile
- ME
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DONALD W PERKINS JR | PRESIDENT/CEO THRU 12/31/23 Former | 0 | $0 | $451,198 | $1,022 |
| GLENN PRICKETT | PRESIDENT Officer | 5 | $0 | $371,136 | $8,887 |
| CHARISSA KERR | TREASURER Trustee or director, Officer | 5 | $0 | $180,020 | $10,295 |
| C ANTHONY MCDONALD | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVID SMITH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| REBECCA HATFIELD | DIRECTOR (THRU 10/18/24) Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DONALD W PERKINS JR | PRESIDENT THRU 12/31/23 Officer | 5 | $0 | $631,767 | $105,446 |
| GLENN PRICKETT | PRESIDENT Officer | 5 | $0 | $190,186 | $27,762 |
| CHARISSA KERR | TREASURER Trustee or director, Officer | 5 | $0 | $155,829 | $12,016 |
| TONY MCDONALD | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVID SMITH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| REBECCA HATFIELD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DONALD W PERKINS JR | PRESIDENT Officer | 5 | $0 | $688,571 | $208,819 |
| CHARISSA KERR | TREASURER Trustee or director, Officer | 5 | $0 | $154,696 | $9,410 |
| CHARLES E MILLER ESQ | CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| TOM HANSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID LAWRENCE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TONY MCDONALD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 350 COMMERCIAL ST, PORTLAND, ME 04101-4618
- In care of
- % DONALD W PERKINS JR
- Principal officer (990 for 2024)
- GLENN PRICKETT, 350 COMMERCIAL STREET, PORTLAND, ME 04101
- Signed the 990
- GLENN PRICKETT, CEO
- Phone
- (207) 228-1690
- Return prepared by
- WIPFLI ADVISORY LLC
Mission
TO ACQUIRE, HOLD, MANAGE, MAINTAIN, DEVELOP, OR DISPOSE OF REALPROPERTY FOR THE BENEFIT OF AND IN CONNECTION WITH THE GULF OF MAINERESEARCH INSTITUTE.
Program accomplishments
- GULF OF MAINE PROPERTIES OWNS, MANAGES, MAINTAINS AND DEVELOPS REAL PROPERTY FOR THE BENEFIT OF GULF OF MAINE RESEARCH INSTITUTE (GMRI). GMRI OCCUPIED 90.98% OF THE FACILITIES AND THE REMAINING SPACE WAS RENTED TO OTHER TENANTS IN ORDER TO SUBSIDIZE THE COST OF THE FACILITIES AND THEREBY SUPPORT GMRI'S MISSION. TENANTS EITHER PROVIDED SERVICES CONSISTENT WITH GMRI'S MISSION OR PROVIDED SUBSTANTIAL SERVICES TO GMRI WHICH DIRECTLY SUPPORTED GMRI'S MISSION.Expenses $874,816 · revenue $985,710
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-1480528
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U11)
- Assets (IRS master file)
- $9,409,103
- Income (IRS master file)
- $1,853,566
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,006,163 | $1,075,525 | $9,409,103 | IRS |
| 990 | June 2024 | $1,081,738 | $1,077,818 | $10,423,459 | XML |
| 990 | June 2023 | $1,191,396 | $1,159,352 | $10,597,155 | XML |
| 990 | June 2022 | $1,057,275 | $957,070 | $10,565,313 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 20-1480528).
Questions about GULF OF MAINE PROPERTIES INC
- What is the EIN of GULF OF MAINE PROPERTIES INC?
- The employer identification number (EIN) of GULF OF MAINE PROPERTIES INC is 20-1480528.
- Is GULF OF MAINE PROPERTIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to GULF OF MAINE PROPERTIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does GULF OF MAINE PROPERTIES INC 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 GULF OF MAINE PROPERTIES INC 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 GULF OF MAINE PROPERTIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of GULF OF MAINE PROPERTIES INC?
- The 990 for the year ended June 30, 2025 names GLENN PRICKETT.
- Who are the officers and directors of GULF OF MAINE PROPERTIES INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does GULF OF MAINE PROPERTIES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,006,163, expenses of $1,075,525 and total assets of $9,409,103 at year end.
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