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Auburn Business Development Corp

Organization summary

Type of Nonprofit

Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$115k (2023)

Expenses
$75.5k (2023)

Total Assets
$863k (2023)

Total Liabilities
$849k (2023)

Years with missing data
Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$115,302
Expenses
$75,525
Net Income
$39,777
Net Assets
$13,540
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,208
1.9%
Investment Income $56,462
49.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $56,632
49.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $862,952
Total Liabilities $849,412
Net Assets $13,540
Compensation
Key Employees and Officers Compensation Related Other
Paul Gardner (Board Member) $0 $0 $0
Daniel Cote (Board Member) $0 $0 $0
David Pierson Esq (Board Member) $0 $0 $0
Bruce Rioux (Board Member) $0 $0 $0
Steve Lunt (Board Member) $0 $0 $0
Peter Murphy (Board Member) $0 $0 $0
Darcie Beaudin (Board Member) $0 $0 $0
David Tassanari (Board Member) $0 $0 $0
Mike Sellinger (Board Member) $0 $0 $0
Michelle Ritcheson (President) $0 $0 $0
Kevin Fletcher (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$111,784
Expenses
$95,854
Net Income
$15,930
Net Assets
-$26,237
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $46,792
41.9%
Investment Income $64,992
58.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $998,000
Total Liabilities $1,024,237
Net Assets -$26,237
Compensation
Key Employees and Officers Compensation Related Other
Paul Gardner (Board Member) $0 $0 $0
Daniel Cote (Board Member) $0 $0 $0
David Pierson Esq (Board Member) $0 $0 $0
Bruce Rioux (Board Member) $0 $0 $0
Steve Lunt (Board Member) $0 $0 $0
Peter Murphy (Board Member) $0 $0 $0
Darcie Beaudin (Board Member) $0 $0 $0
David Tassanari (Board Member) $0 $0 $0
Mike Sellinger (Board Member) $0 $0 $0
Kevin Fletcher (Board Member) $0 $0 $0
Michelle Ritcheson (President) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$91,087
Expenses
$122,196
Net Income
-$213,283
Net Assets
-$42,167
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services -$45,186
Investment Income $1,251
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$47,152
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,172,530
Total Liabilities $1,214,697
Net Assets -$42,167
Compensation
Key Employees and Officers Compensation Related Other
Paul Gardner (Board Member) $0 $0 $0
Daniel Cote (Board Member) $0 $0 $0
David Pierson Esq (Board Member) $0 $0 $0
Bruce Rioux (Board Member) $0 $0 $0
Dan Thayer (Board Member) $0 $0 $0
Steve Lunt (Board Member) $0 $0 $0
Peter Murphy (Board Member) $0 $0 $0
Darcie Beaudin (Board Member) $0 $0 $0
David Tassanari (Board Member) $0 $0 $0
Mike Sellinger (Board Member) $0 $0 $0
Kevin Fletcher (Board Member) $0 $0 $0
Rick Lanman (Treasurer) $0 $0 $0
Cameron Leary (Secretary) $0 $0 $0
Michelle Ritcheson (President) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$48,125
Expenses
$117,551
Net Income
-$69,426
Net Assets
$171,117
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services -$6,396
Investment Income $54,521
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,658,155
Total Liabilities $1,487,038
Net Assets $171,117
Compensation
Key Employees and Officers Compensation Related Other
Paul Gardner (Board Member) $0 $0 $0
Daniel Cote (Board Member) $0 $0 $0
David Pierson Esq (Board Member) $0 $0 $0
Bruce Rioux (Board Member) $0 $0 $0
Dan Thayer (Board Member) $0 $0 $0
Steve Lunt (Board Member) $0 $0 $0
Peter Murphy (Board Member) $0 $0 $0
Darcie Beaudin (Board Member) $0 $0 $0
David Tassanari (Board Member) $0 $0 $0
Mike Sellinger (Board Member) $0 $0 $0
Michael Chammings (Board Member) $0 $0 $0
Kevin Fletcher (Board Member) $0 $0 $0
Rick Lanman (Treasurer) $0 $0 $0
Cameron Leary (Secretary) $0 $0 $0
Michelle Ritcheson (President) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$70,320
Expenses
$131,236
Net Income
-$60,916
Net Assets
$240,543
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services -$8,088
Investment Income $78,408
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,755,921
Total Liabilities $1,515,378
Net Assets $240,543
Compensation
Key Employees and Officers Compensation Related Other
Paul Gardiner (Board Member) $0 $0 $0
Daniel Cote (Board Member) $0 $0 $0
Jeremiah Bartlett (Vice President) $0 $0 $0
David Pierson Esq (Board Member) $0 $0 $0
Bruce Rioux (Board Member) $0 $0 $0
Dan Thayer (Board Member) $0 $0 $0
Steve Lunt (Board Member) $0 $0 $0
Peter Murphy (Board Member) $0 $0 $0
Darcie Beaudin (Board Member) $0 $0 $0
David Tassanari (Board Member) $0 $0 $0
Mike Sellinger (Board Member) $0 $0 $0
Michael Chammings (Board Member) $0 $0 $0
Kevin Fletcher (Board Member) $0 $0 $0
Rick Lanman (Treasurer) $0 $0 $0
Cameron Leary (Secretary) $0 $0 $0
Michelle Ritcheson (President) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$76,593
Expenses
$203,240
Net Income
-$126,647
Net Assets
$301,458
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services -$4,200
Investment Income $81,702
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,909
Net Inventory Sales $0
Other Revenue $1,000
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,885,393
Total Liabilities $1,583,935
Net Assets $301,458
Compensation
Key Employees and Officers Compensation Related Other
Leroy Walker (Board Member) $0 $0 $0
Daniel Cote (Board Member) $0 $0 $0
Jeremiah Bartlett (Board Member) $0 $0 $0
David Pierson Esq (Board Member) $0 $0 $0
Bruce Rioux (Vice President) $0 $0 $0
Dan Thayer (Board Member) $0 $0 $0
Steve Lunt (Board Member) $0 $0 $0
Peter Murphy (Board Member) $0 $0 $0
Darcie Beaudin (Board Member) $0 $0 $0
David Tassanari (Board Member) $0 $0 $0
Mike Sellinger (Board Member) $0 $0 $0
Michael Chammings (Board Member) $0 $0 $0
Kevin Fletcher (Board Member) $0 $0 $0
Rick Lanman (Treasurer) $0 $0 $0
Cameron Leary (Secretary) $0 $0 $0
Michelle Ritcheson (President) $0 $0 $0
Paul Gardiner (Board Member) $0 $0 $0
Kirk Nadeau (Board Member) $0 $0 $0
Mary Lafontaine (Board Member Resigned March 2018) $0 $0 $0
Mariah Rinck (Board Member Resigned March 2018) $0 $0 $0
Sid Hazelton (Board Member Resigned March 2018) $0 $0 $0
Gabrielle Russell (Board Member Resigned October 2017) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$109,115
Expenses
$165,863
Net Income
-$56,748
Net Assets
$531,039
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,573
2.4%
Investment Income $94,639
86.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,903
10.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,133,674
Total Liabilities $1,602,635
Net Assets $531,039
Compensation
Key Employees and Officers Compensation Related Other
Peter Bunker (Board Member) $0 $0 $0
Daniel Cote (Board Member) $0 $0 $0
Roland G Miller (Board Member) $0 $0 $0
David Pierson Esq (Board Member) $0 $0 $0
Paul Rausch Cpa (Treasurer) $0 $0 $0
Bruce Rioux (Board Member) $0 $0 $0
Dan Thayer (Board Member) $0 $0 $0
Steve Lunt (Board Member) $0 $0 $0
Fred Frohardt (President Elect) $0 $0 $0
Peter Murphy (President) $0 $0 $0
Darcie Beaudin (Board Member) $0 $0 $0
David Tassanari (Board Member) $0 $0 $0
Diane Dostie (Secretary) $0 $0 $0
Kevin Fletcher (Board Member) $0 $0 $0
Rick Lanman (Board Member) $0 $0 $0
Cameron Leary (Board Member) $0 $0 $0
Mariah Rinck (Board Member) $0 $0 $0
Michelle Ritcheson (Board Member) $0 $0 $0
Ryan Smith (Board Member) $0 $0 $0
John Storer (Vice President) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$115,137
Expenses
$143,732
Net Income
-$28,595
Net Assets
$587,787
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,035
7.0%
Investment Income $99,619
86.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,483
6.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,251,332
Total Liabilities $1,663,545
Net Assets $587,787
Compensation
Key Employees and Officers Compensation Related Other
Peter Bunker (Board Member) $0 $0 $0
Daniel Cote (Board Member) $0 $0 $0
Roland G Miller (Board Member) $0 $0 $0
David Pierson Esq (Board Member) $0 $0 $0
Paul Rausch Cpa (Treasurer) $0 $0 $0
Bruce Rioux (Board Member) $0 $0 $0
Dan Thayer (Board Member) $0 $0 $0
Steve Lunt (Board Member) $0 $0 $0
Fred Frohardt (President Elect) $0 $0 $0
Peter Murphy (President) $0 $0 $0
Darcie Beaudin (Board Member) $0 $0 $0
David Tassanari (Board Member) $0 $0 $0
Diane Dostie (Secretary) $0 $0 $0
Kevin Fletcher (Board Member) $0 $0 $0
Rick Lanman (Board Member) $0 $0 $0
Cameron Leary (Board Member) $0 $0 $0
Mariah Rinck (Board Member) $0 $0 $0
Michelle Ritcheson (Board Member) $0 $0 $0
Ryan Smith (Board Member) $0 $0 $0
John Storer (Vice President) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$107,008
Expenses
$210,768
Net Income
-$103,760
Net Assets
$616,384
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services -$7,471
Investment Income $104,546
97.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,933
9.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,376,404
Total Liabilities $1,760,020
Net Assets $616,384
Compensation
Key Employees and Officers Compensation Related Other
Jim Bouquet (President Elect) $0 $0 $0
Peter Bunker (Board Member) $0 $0 $0
Georgia Chomas (Secretary) $0 $0 $0
Daniel Cote (Board Member) $0 $0 $0
Denis Lemieux Aia (President) $0 $0 $0
Diane P Mcmanus (Board Member) $0 $0 $0
Roland G Miller (Board Member) $0 $0 $0
Walter Crites (Treasurer) $0 $0 $0
David Pierson Esq (Board Member) $0 $0 $0
Paul Rausch Cpa (Board Member) $0 $0 $0
Bruce Rioux (Board Member) $0 $0 $0
Dan Thayer (Board Member) $0 $0 $0
Barbara Fogarty (Board Member) $0 $0 $0
Steve Lunt (Board Member) $0 $0 $0
Beth Humphrey (Board Member) $0 $0 $0
Bob Thorpe (Board Member) $0 $0 $0
Rick Cloutier (Board Member) $0 $0 $0
Fred Frohardt (Board Member) $0 $0 $0
Peter Murphy (Board Member) $0 $0 $0
Darcie Beaudin (Board Member) $0 $0 $0
David Tassanari (Board Member) $0 $0 $0
Don Fortin (Board Member) $0 $0 $0
Eric Samson (Board Memeber) $0 $0 $0
Lucien Gosselin (Executive Director) $0 $121,237 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$284,402
Expenses
$176,831
Net Income
$107,571
Net Assets
$424,259
Notable Sources of Revenue Percent of Total Revenue
Contributions $160,739
56.5%
Program Services $14,873
5.2%
Investment Income $108,790
38.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,514,320
Total Liabilities $2,090,061
Net Assets $424,259

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$119,285
Expenses
$173,555
Net Income
-$54,270
Net Assets
$316,687
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,490
4.6%
Investment Income $113,795
95.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,465,613
Total Liabilities $2,148,926
Net Assets $316,687

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$123,573
Expenses
$172,496
Net Income
-$48,923
Net Assets
$491,265
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,877
4.8%
Investment Income $117,696
95.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,323,809
Total Liabilities $1,832,544
Net Assets $491,265

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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