Skip to content
Nonprofiteer
← DEI REAL ESTATE INC

Form 990 for tax year 2023

Filed by DEI REAL ESTATE INC.

Totals

Total revenue
$221,724
Total expenses
$252,066
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$221,724
Investment income
$0
Other revenue
$0
Total assets, end of year
$8,001,663
Total liabilities, end of year
$4,505,588
Net assets or fund balances, end of year
$3,496,075
Program services expenses (Part IX)
$200,166
Management and general expenses
$51,900
Fundraising expenses
$0
Program service expenses (Part III)
$200,166

Program services were 79.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: PROGRAM RENTAL INCOME

    total $221,724 · related or exempt $221,724

Functional expenses

Part IX, the statement of functional expenses.

  • 11g · Fees: other

    total $260 · management and general $260

  • 13 · Office expenses

    total $29 · management and general $29

  • 20 · Interest

    total $50,954 · management and general $50,954

  • 22 · Depreciation, depletion and amortization

    total $200,166 · program services $200,166

  • 24a · Other expenses: Repairs and maintenance

    total $657 · management and general $657

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,455 · end of year $712

  • 4 · Accounts receivable

    beginning of year $18,250 · end of year $26,093

  • 10a · Land, buildings and equipment: cost or other basis

    $8,529,224

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,504,710

  • 10c · Land, buildings and equipment, net

    beginning of year $7,224,680 · end of year $7,024,514

  • 15 · Other assets

    beginning of year $801,620 · end of year $950,344

  • 17 · Accounts payable and accrued expenses

    beginning of year $67,743 · end of year $48,743

  • 23 · Secured mortgages and notes payable

    beginning of year $4,456,845 · end of year $4,456,845

  • 27 · Net assets without donor restrictions

    beginning of year $3,526,417 · end of year $3,496,075

Mission and programs · 2023

Mission

THE ORGANIZATION WAS FORMED TO CONDUCT AND SUPPORT ACTIVITIES WHICH PROMOTE THE ADVANCEMENT AND FURTHER THE AIMS OF DOWNEAST INSTITUTE FOR APPLIED MARINE RESEARCH AND EDUCATION, INC. (THE "INSTITUTE"). THE PURPOSES FOR WHICH THE ORGANIZATION IS ORGANIZED INCLUDE OWNERSHIP, MAINTENANCE AND IMPROVEMENT OF THE REAL PROPERTY AND IMPROVEMENTS USED IN CONNECTION WITH THE OPERATION OF THE INSTITUTE AND THE BORROWING OF MONEY FOR SUCH OWNERSHIP, MAINTENANCE AND IMPROVEMENT, AND CONVEYANCE, LEASING OR SUBLEASING THE SAME, IN EACH CASE IN FURTHERANCE OF THE CHARITABLE PURPOSES OF THE INSTITUTE.

Activities or mission (Part I)

SUPPORTING ORGANIZATION FOR DOWNEAST INSTITUTE FOR APPLIED MARINE RESEARCH AND EDUCATION, INC. HOLD, MAINTAIN, AND PRESERVE THE REAL ESTATE USED IN CONNECTION WITH THE INSTITUTE.

  • THE ORGANIZATION IS A SUPPORTING ORGANIZATION OF DOWNEAST INSTITUTE FOR APPLIED MARINE RESEARCH AND EDUCATION, INC. AND HOLDS THE REAL ESTATE FOR THE ACTIVITIES PERFORMED AT THE SUPPORTED ORGANIZATION.

    Expenses $200,166 · Revenue $221,724

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kris Eimicke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Charles Rudelitch

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Brian Beal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Jason Alley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Peter Greene

    PRESIDENT/TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Dianne Tilton

    VICE PRESIDENT

    Total calculated
    $103,635
    From this org
    $0
    From related orgs
    $92,000
    Other
    $11,635
    Hours/week
    1 + 40 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • DOWNEAST INSTITUTE FOR APPLIED MARINE RESEARCH AND EDUCATION INC

    501(c)(3) · SCIENTIFIC RESEARCH, TECH. TRANSFER, PUBLIC EDUCATION & AQUACULTURE · ME

Provenance

Return type
form_990
Tax year
2023
Filed
28 October 2024
IRS schema version
2023v5.1
Source object
202423029349300227

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.