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Mount Desert 365

NORTHEAST HARBOR, ME EIN: 82-1645703 Website

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

EllsworthIslesford

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$748K$1M$2M$3M20202021202220232024
Metric202420232022
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

$0$3K$5K$8K$10K0 grants20200 grants20212 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

KATHLEEN MILLEREXECUTIVE DI$144K

From 2024 filing

NameTitleHoursCompensation
KATHLEEN MILLEREXECUTIVE DI40$143,820
RODNEY EASONDIRECTOR2
DANIEL JAMES FALTTREASURER
H WINSTON HOLT IVDIRECTOR2
PHILIP MORIARTYPRESIDENT /T2
MITCHELL RALESSECRETARY2
STEVEN RALESPRESIDENT2
NADIA ROSENTHALSECRETARY2
RICHARD SAVAGEPRESIDENT2
HENRY SCHMELZERTREASURER2
C SCOTT BRANNANASST. TREASU6

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.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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