Brunswick Downtown Association

EIN: 753131242 501(c)(3) Environment

Brunswick, ME

Total Revenue
$346,709
Total Expenses
$333,635
Total Assets
$201,909
Net Assets
$201,909
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Financial Trends

Organization Details

Legal Domicile
ME
Tax Period
2023-01-01 to 2023-12-31

Brunswick Downtown Association is a small nonprofit in the Environment sector that reported $347K in total revenue in fiscal year 2023. Expenses of $334K left a modest 4% surplus.

Mission

The mission is to enhance the vitality and appeal of downtown Brunswick, Maine as a center of business activity, to increase the general physical and psychological appeal of the downtown, and to promote the cultural, retail, service, and economic interests of the membership.

Program Service Accomplishments

Program 1
Expenses: $221,727

The Brunswick Downtown Association BDA is a not-for-profit entity organized as a 501C 3. The mission of the group is to enhance the vitality and appeal of downtown Brunswick as a thriving center of...

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The Brunswick Downtown Association BDA is a not-for-profit entity organized as a 501C 3. The mission of the group is to enhance the vitality and appeal of downtown Brunswick as a thriving center of business activity to increase the general physical and psychological appeal of downtown, and to promote the cultural, retail, service, and economic interests of our membership. Some of the accomplishments of the BDA include education of the extended community on locally related historical figures and events creating awareness to membership of opportunities to assist in community improvements sponsorship of community events that regularly include other local nonprofit organizations such as Music on the Mall concerts, family activities such as Maine Street Celebrates, the Christmas tree lighting and arrival of Santa Claus, holiday coloring contest, and Home for the Holidays coordination of efforts to buy new benches for Maine Street sidewalks advocating solutions for additional parking and promotion of opportunities to improve the creative economy in Brunswick. Services that are provided include advocating critical business success issues within the Town of Brunswick, disseminating information on critical issues to the business, nonprofit and residential communities, surveying community interest and presenting them to the business community and municipal government, and collaborating with Bowdoin College and its students to identify issues and opportunities. People affected by the BDA are community residents, members of local cultural organizations, Bowdoin College students, faculty, and staff, and local businesses.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $188,357
Program Service Revenue $63,838
Investment Income $30
Other Revenue $94,484
TOTAL REVENUE $346,709

Expense Breakdown

Grants Paid $0
Salaries & Benefits $272,361
Fundraising Expenses $0
Program Expenses $221,727
Other Expenses $61,274
TOTAL EXPENSES $333,635

Year-over-Year Comparison

2023 2022 Change
Revenue $346,709 $359,546 0.0%
Expenses $333,635 $323,059 +0.0%
Net Income $13,074 $36,487 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
20
Independent Members
20
Employees
6
Volunteers
40

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mike Feldman Director 0.00
Director
$0 $0 $0
Cathy Barter Director 0.00
Director
$0 $0 $0
Annemarie Albiston Director 0.00
Director
$0 $0 $0
Robert Biggs Director 0.00
Director
$0 $0 $0
Tom Carr Director 0.00
Director
$0 $0 $0
Kristine Logan Director 0.00
Director
$0 $0 $0
Keith Garovoy Director 0.00
Director
$0 $0 $0
Peggy Ealahan Director 0.00
Director
$0 $0 $0
Michael Cartwright Director 0.00
Director
$0 $0 $0
Brian Robinson Chairman 0.00
Officer Director
$0 $0 $0
Annie O'Rourke Director 0.00
Officer Director
$0 $0 $0
Robert Langworthy Treasurer 0.00
Officer Director
$0 $0 $0
Henry Recknagel Secretary 0.00
Officer Director
$0 $0 $0
Catherine Ferdinand Director 0.00
Director
$0 $0 $0
Jane Millett Director 0.00
Director
$0 $0 $0
Hannah Simmler Director 0.00
Director
$0 $0 $0
Rebecca Launer Director 0.00
Director
$0 $0 $0
Marshall Shepherd Director 0.00
Director
$0 $0 $0
Bucky Brown Director 0.00
Director
$0 $0 $0
Don Kniseley Director 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $346,709 $333,635 $201,909 $13,074
2022 $359,546 $323,059 $188,834 $36,487
2021 $274,000 $299,372 $152,347 $-25,372
2020 $263,489 $250,829 $134,602 $12,660
2019 $288,667 $279,462 $76,542 $9,205
2018 $281,665 $322,956 $67,337 $-41,291
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