Mount Desert 365

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

Mount Desert 365 (the corporation) engages in activities to preserve and increase the supply of affordable workforce housing for year-round residents of Mount Desert (the town) and promote economic revitalization of commercial areas adversely impacted by the loss of year- round residents. The corporation will increase the supply of affordable housing for sale to year-round residents, ensuring that IT stays affordable in perpetuity and cannot be acquired by summer residents for seasonal use or vacation rentals. The corporation has acquired and will develop mixed- use residential/commercial properties for rental on affordable terms to residents and businesses on a year-round basis. This activity will increase the year-round population of people living and/or working in the village, address the need for affordable rental residential options, provide products and services to serve the year-round community and/or increase the consumerbase to support local businesses.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-1645703) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
Run by 9 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $553K a year · 48% of revenue · last 6 filings
A surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
73%
of spending
73% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$148K
to officers and key staff · 24% of spending
Pay to officers and key staff is 24% of spending.
Part VII, Section A
21.1 mo
of spending, in cash
21.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $1.2M
3 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$936K
8% of total assets
Liabilities are 8% of assets.
Pt X · Ln 26
Independent board members
6
of 6 voting members
6 of 6 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$197K
-93% vs prior year
Spent
$624K
To programs
73%
Net assets
$10.6M
By yearFY2020–FY2025
Revenue
$197K
FY2025▼ -93%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.1M
FY2021$1.5M
FY2022$160K
FY2023$328K
FY2024$2.7M
FY2025$197K
Expenses
$624K
FY2025▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2020$464K
FY2021$624K
FY2022$628K
FY2023$652K
FY2024$655K
FY2025$624K
Net assets
$10.6M
FY2025▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2020$8.8M
FY2021$9.7M
FY2022$9.3M
FY2023$8.9M
FY2024$11.0M
FY2025$10.6M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $455K Management & general 24% · $150K Fundraising 3% · $19K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

11 people listed on the 990; $148K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Di
$147,667Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kathleen Miller’s $148K as Executive Di is at the 90th percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Kathleen Miller$147,667$143,820$139,401$134,070$129,528$127,300

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.

See Mount Desert 365 executive salaries →

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

Combats community deterioration and lessens government burdens in Mount Desert, Maine.

Questions for Mount Desert 365

Tap to ask. Mount Desert 365 sees how many people are interested.

Your first name shows with your question. Mount Desert 365 answers here, for everyone.

1 program · $455K · in their own filed words · FY2025
01

Community Revitalization

Mount desert 365 (the corporation) engages in activities to promote community revitalization that is guided by the town's comprehensive plan's top three goals. The overall goal is to have more people living AND/OR working in the town on a year-round basis.

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-1645703) · Dispute this line
$455Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$1.2M
See all 3 funders →
Grants paid · 2 grants · $10K · 2022–2022
Little Red Flower Truck LLCFY2022$5,000
Cranberry OystersFY2022$5,000

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$197K
Ln 12
Fees for servicesLn 2g$113K
Investment incomeLn 3$77K
Gifts and grantsLn 1h$6K
Money outPt IX
$624K
Ln 25
Programscol B$455K
Managementcol C$150K
Fundraisingcol D$19K
Owns and owesPt X
$10.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$11.5M
LiabilitiesLn 26$936K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6K
Fees for servicesLn 2g$113K
Investment incomeLn 3$77K
Other incomeLn 4–11$570
Total revenueLn 12$197K
Assets in detailPt X, end of year
CashLn 1$200
SavingsLn 2$1.1M
Cash and savings togetherLn 1–2$1.1M
Land, buildings, equipmentLn 10c$10.4M
Total assetsLn 16$11.5M
LiabilitiesLn 26$936K
Net assetsLn 32$10.6M
OperationsPt I, VI
EmployeesI 52
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$2.3M$1.1M
Land, buildings, equipmentLn 10c$9.7M$10.4M
Total assetsLn 16$12.0M$11.5M
LiabilitiesLn 26$957K$936K
Net assetsLn 32$11.0M$10.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$148K$96K$37K$15K
Other salaries and wagesLn 7$76K$50K$27K
Other employee benefitsLn 9$20K$13K$6K$922
Payroll taxesLn 10$18K$12K$5K$1K
Legal feesLn 11b$14K$12K$2K
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$2K$2K
Office expensesLn 13$2K$451$1K
Information technologyLn 14$2K$2K
Conferences, conventions and meetingsLn 19$25$25
InterestLn 20$74K$74K
Depreciation, depletion and amortizationLn 22$126K$84K$41K
InsuranceLn 23$45K$30K$15K
Other expenses (24a–d)Ln 24$94K$82K$10K$2K
All other expensesLn 24e$199$5$125$69
Total functional expensesLn 25$624K$455K$150K$19K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Jun 12, 2026 $197K$624K−$427K$10.6M 990 PDF
FY2024Filed with the IRS Jul 28, 2025 $2.7M$655K$2.1M$11.0M 990 PDF
FY2023Filed with the IRS Feb 6, 2024 $328K$652K−$325K$8.9M 990 PDF
FY2022Filed with the IRS Feb 13, 2023 $160K$628K−$469K$9.3M 990 PDF
FY2021Filed with the IRS Feb 17, 2022 $1.5M$624K$886K$9.7M 990 PDF
FY2020Filed with the IRS Feb 22, 2021 $2.1M$464K$1.6M$8.8M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments J · Pay O · Explanations R · Related orgs
See the full FY2025 990
Part I · Summary $197,032 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,519,961$6,459
I-9 Program service revenuePrior year $125,165$113,036
I-10 Investment incomePrior year $75,135$76,967
I-11 Other revenue$570
I-12 Total revenuePrior year $2,720,261$197,032
I-13 Grants and similar amounts paidPrior year $1,500$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $273,593$262,381
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $379,726$361,773
I-18 Total expensesPrior year $654,819$624,154
I-19 Revenue less expensesPrior year $2,065,442−$427,122
Part VI · Governance 6 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $197,032 across 6 lines filed
VIII-1f All other contributions, gifts and grants$6,459
VIII-1h Total contributions, gifts and grants$6,459
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $113,036$113,036
VIII-3 Investment incomeExcluded from tax $76,967$76,967
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $570$570
VIII-12 Total revenueRelated to mission $113,606 · Excluded from tax $76,967$197,032
Part IX · Statement of functional expenses $624,154 across 15 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $95,984 · Management $36,917 · Fundraising $14,767$147,668
IX-7 Other salaries and wagesPrograms $49,664 · Management $26,742$76,406
IX-9 Other employee benefitsPrograms $13,227 · Management $6,201 · Fundraising $922$20,350
IX-10 Payroll taxesPrograms $11,672 · Management $5,070 · Fundraising $1,215$17,957
IX-11b Legal feesPrograms $11,741 · Management $2,213$13,954
IX-11c Accounting feesManagement $2,863$2,863
IX-11g Other fees for servicesPrograms $1,650$1,650
IX-13 Office expensesPrograms $451 · Management $1,353$1,804
IX-14 Information technologyManagement $2,358$2,358
IX-19 Conferences, conventions and meetingsManagement $25$25
IX-20 InterestPrograms $73,898$73,898
IX-22 Depreciation, depletion and amortizationPrograms $84,143 · Management $41,443$125,586
IX-23 InsurancePrograms $30,210 · Management $14,880$45,090
IX-24 Other expenses (24a–d)Programs $82,414 · Management $9,933 · Fundraising $1,999$94,346
IX-24e All other expensesPrograms $5 · Management $125 · Fundraising $69$199
IX-25 Total functional expensesPrograms $455,059 · Management $150,123 · Fundraising $18,972$624,154
Part X · Balance sheet $11,505,609 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $194$200
X-2 Savings and temporary cash investmentsStart of year $2,291,455$1,098,430
X-10c Land, buildings and equipment, netStart of year $9,661,969$10,406,979
X-16 Total assetsStart of year $11,953,618$11,505,609
X-21 Escrow or custodial accountsStart of year $5,800$4,800
X-23 Secured mortgages and notes payableStart of year $950,728$930,838
X-26 Total liabilitiesStart of year $956,528$935,638
X-27 Net assets without donor restrictionsStart of year $10,997,090$10,569,971
X-32 Total net assets or fund balancesStart of year $10,997,090$10,569,971
X-33 Total liabilities and net assetsStart of year $11,953,618$11,505,609
Part XI · Reconciliation of net assets $10,569,971 net assets at year end
XI-1 Total revenue$197,032
XI-2 Total expenses$624,154
XI-3 Revenue less expenses−$427,122
XI-4 Net assets at start of year$10,997,090
XI-9 Other changes in net assets$3
XI-10 Net assets at end of year$10,569,971

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.