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
Among its reported 2024 grants, the largest include City of Sanford Maine ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| City of Sanford Maine Sanford, ME | Support SREGC | $25,000 |
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
Frequently Asked Questions
What is Industrial Development Corporation of Sanford?
Industrial Development Corporation of Sanford is a nonprofit organization focused on Community Improvement & Capacity Building, based in SANFORD, ME. It holds $5.3M in total assets as of 2024.
How large is Industrial Development Corporation of Sanford?
As of 2024, Industrial Development Corporation of Sanford holds $5.3M in total assets with $139K in annual revenue. It awarded 1 grants totaling $25K in 2024.
Where does Industrial Development Corporation of Sanford operate?
Industrial Development Corporation of Sanford has awarded grants in Maine.
What size grants does Industrial Development Corporation of Sanford award?
In 2024, Industrial Development Corporation of Sanford awarded 1 grants totaling $25K — an average of about $25K per grant, based on its IRS Form 990 filings.
What is Industrial Development Corporation of Sanford's EIN?
Industrial Development Corporation of Sanford's EIN (Employer Identification Number) is 01-6019454. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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