Our Katahdin

Community development organization based in Millinocket, ME. 3 employees. Exempt under §501(c)(3).

MissionOur Katahdin assists with community development, downtown revitalization, and economic development in the Katahdin region of Maine.

Financial snapshot · TY 2024

$5.9M
Total revenue
$2.5M
Total expenses
$5.4M
Net assets

Financial health · TY 2024

59
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
50
9.1 months of expenses
Program efficiency
98
89% spent on programs
Revenue diversity
1
Mix of program fees, grants & contributions

Leadership compensation

Stephen Sanders
Director of Mill Site Redevelopment
$134,193
26th percentile vs. peers

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Our Katahdin Executive Compensation | 990 Data | DoubleNine