Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1986.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
32 people listed on the 990; $120K paid to officers and key staff.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Shelly Clark | $119,719 | $110,526 | $111,801 | $105,048 | $102,171 | $100,350 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Educates, advocates, and connects people for a common cause.
Questions for Maine Real Estate Development Assn
Your first name shows with your question. Maine Real Estate Development Assn answers here, for everyone.
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Educational seminars for members of the real estate industry, continuing education, member communications, advocacy and networking.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $366K | $440K |
| Land, buildings, equipmentLn 10c | $3K | $2K |
| Total assetsLn 16 | $391K | $463K |
| LiabilitiesLn 26 | $19K | $21K |
| Net assetsLn 32 | $372K | $441K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $15K | |||
| Pay of current officers, directors and key staffLn 5 | $120K | |||
| Other salaries and wagesLn 7 | $20K | |||
| Pension plan contributionsLn 8 | $4K | |||
| Other employee benefitsLn 9 | $3K | |||
| Office expensesLn 13 | $3K | |||
| Information technologyLn 14 | $4K | |||
| OccupancyLn 16 | $20K | |||
| Depreciation, depletion and amortizationLn 22 | $854 | |||
| InsuranceLn 23 | $5K | |||
| Other expenses (24a–d)Ln 24 | $366K | |||
| All other expensesLn 24e | $17K | |||
| Total functional expensesLn 25 | $577K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $646K | $577K | $69K | $441K | 990 PDF |
| FY2024 | $642K | $624K | $18K | $372K | 990 PDF |
| FY2023 | $641K | $606K | $35K | $355K | 990 PDF |
| FY2022 | $488K | $442K | $46K | $320K | 990 PDF |
| FY2021 | $392K | $428K | −$36K | $274K | 990 PDF |
| FY2020 | $465K | $468K | −$4K | $310K | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $646,228 revenue, 12 lines filed
Part VI · Governance 30 of 30 board members independent, 3 to look at
Part VIII · Statement of revenue $646,228 across 7 lines filed
Part IX · Statement of functional expenses $577,018 across 12 lines filed
Part X · Balance sheet $462,944 assets, 10 lines filed
Part XI · Reconciliation of net assets $441,494 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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