Industrial Development Corporation of Sanford
Development Corporation which has developed and manages a business park in Sanford. Works to recruite new companies to located in the business park.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.3M
+13.5% YoY
Annual Giving
$25K
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$25K
+0.0% YoY
About Industrial Development Corporation of Sanford
Based on IRS filings
Industrial Development Corporation of Sanford is a nonprofit organization focused on Community Improvement & Capacity Building, based in SANFORD, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.3M in total assets. In 2024, it awarded 1 grants totaling $25K. Net investment income was $107K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,251,629 | $4,625,739 | $4,325,911 |
| Revenue | $138,754 | $102,452 | $100,870 |
| Expenses | $40,233 | $37,485 | $31,810 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $106,766 | $102,452 | $100,870 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert I Hardison | Director | — | — |
| Ted Hissong | Director | — | — |
| Gordon Collins | Director | — | — |
| David Jagger | Director | — | — |
| Michael Ralston | Director | — | — |
| Alex Shain | Director | — | — |
| Gwen Bedell Gadbois | Treasurer | 4 | — |
| Edward J Titcomb | Secretary | 1 | — |
| Allison Navia | Vice President | 2 | — |
| David Nickerson | President | 4 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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