Organizations Filed Purposes:
BRUNSWICK DEVELOPMENT CORPORATION (BDC) PROVIDES LOW-COST FINANCIAL ASSISTANCE AND OTHER AID DESIGNED TO IMPROVE ECONOMIC CONDITIONS IN THE COMMUNITY OF BRUNSWICK, MAINE. BDC PROVIDES FUNDS AND WORKING CAPITAL (IN THE FORMS OF LOANS AND GRANTS) TO LOCAL BUSINESS CORPORATIONS AND INDIVIDUAL PROPRIETORS WHO MAY NOT BE ABLE TO OBTAIN FUNDS FROM CONVENTIONAL COMMERCIAL SOURCES BECAUSE OF POOR FINANCIAL RISK. REPAID LOAN FUNDS, AND ANY SMALL INTEREST THEREON, IS USED TO MAKE NEW LOANS AND TO PROVIDE FUNDING TO THE TOWN OF BRUNSWICK TO IMPROVE DETERIORATED AREAS AND TO BEAUTIFY THE COMMUNITY.
BDC USES GRANTS AND LOANS TO FOSTER, ENCOURGAE, ASSIST, SUPPORT, AND PROMOTE ECONOMIC DEVELOPMENT, THROUGH THE ESTABLISHMENT, SETTLEMENT, OR RESETTLEMENT OF THE TOWN OF BRUNSWICK, MAINE, FOR INDUSTRIAL, MANUFACTURING, FISHING, AGRICULTURAL, RECREATIONAL, OR OTHER BUSINESS ENTERPRISES AND TO COMBAT COMMUNITY DETERIORATION THROUGH ECONOMIC DEVELOPMENT.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| John Eldridge | BOARD MEMBER | 1 | $0 |
| Kathy Wilson | BOARD MEMBER | 1 | $0 |
| Daniel Harris | BOARD MEMBER | 1 | $0 |
| Nathaniel Henshaw | BOARD MEMBER | 1 | $0 |
| Vincent Dicara | TREASURER | 1 | $0 |
| William Morrell | VICE PRESIDENT/SECRETARY | 1 | $0 |
| Larissa Darcy | PRESIDENT | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/201801069349300805_public.xml