Mount Desert 365
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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.0M
+20.6% YoY
Revenue
$2.7M
+730.0% YoY
Net Investment Income
$75K
+71457.1% YoY
Expenses
$655K
+0.4% YoY
About Mount Desert 365
Based on IRS filings
Mount Desert 365 is a nonprofit organization focused on Community Improvement & Capacity Building, based in NORTHEAST HARBOR, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.0M in total assets. Net investment income was $75K.
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 | $11,953,618 | $9,908,522 | $10,254,728 |
| Revenue | $2,720,261 | $327,745 | $159,519 |
| Expenses | $654,819 | $652,273 | $628,130 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $75,135 | $105 | $369 |
| 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 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATHLEEN MILLER | EXECUTIVE DI | 40 | $143,820 |
| RODNEY EASON | DIRECTOR | 2 | — |
| DANIEL JAMES FALT | TREASURER | — | — |
| H WINSTON HOLT IV | DIRECTOR | 2 | — |
| PHILIP MORIARTY | PRESIDENT /T | 2 | — |
| MITCHELL RALES | SECRETARY | 2 | — |
| STEVEN RALES | PRESIDENT | 2 | — |
| NADIA ROSENTHAL | SECRETARY | 2 | — |
| RICHARD SAVAGE | PRESIDENT | 2 | — |
| HENRY SCHMELZER | TREASURER | 2 | — |
| C SCOTT BRANNAN | ASST. TREASU | 6 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mount Desert 365?
Mount Desert 365 is a nonprofit organization focused on Community Improvement & Capacity Building, based in NORTHEAST HARBOR, ME. It holds $12.0M in total assets as of 2024.
How large is Mount Desert 365?
As of 2024, Mount Desert 365 holds $12.0M in total assets with $2.7M in annual revenue.
Where does Mount Desert 365 operate?
Mount Desert 365 has awarded grants in Maine.
What is Mount Desert 365's EIN?
Mount Desert 365's EIN (Employer Identification Number) is 82-1645703. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mount Desert 365's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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