Mount Desert 365
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Raising each dollar of donations cost 294 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
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.
- Income
- $197,032
- Spending
- $624,154
- Spent on programs
- 73%
- Reserves
- 3.1 months of spending
- Largest source of income
- fees for its services, 57%
- Employees
- 2
- Volunteers
- 9
- Highest pay
- $156,883, executive di
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 40 out of 100. Higher than 14% of charities in its peer group (community improvement, under $250k).
Reserves
20 of 35Spendable reserves would cover 3.1 months of spending.
Debt
20 of 20It owes 8% of what it owns.
Living within its means
0 of 15Spending exceeded income by 217% of income.
Income trend
0 of 15Income fell 93% on the year before.
Spending floor
0 of 1573% of spending went to programs and raising each dollar of donations cost 294 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 89% of charities in its peer group (community improvement, under $250k).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $455,059 spent. COMMUNITY REVITALIZATION - MOUNT DESERT 365 (THE CORPORATION) ENGAGES IN ACTIVITIES TO PROMOTE COMMUNITY REVITALIZATION THAT IS GUIDED BY THE TOWN'S COMPREHENSIVE PLAN'S TOP THREE GOALS. THE OVERALL GOAL IS TO HAVE MORE PEOPLE LIVING AND/OR WORKING IN THE TOWN ON A YEAR-ROUND BASIS. WE TAKE A MULTIPRONG APPROACH TOWARD THAT GOAL WITH FOCUSES ON HOUSING, BUSINESS AND NONPROFIT SUPPORT, AND COMMUNITY ENGAGEMENT. IN 2025, OUR MAJOR EFFORT WAS ON CREATING AND MAINTAINING YEAR-ROUND HOUSING. WE DESIGNED AND STARTED THE CONSTRUCTION AND SITEWORK FOR TWO HOMES THAT WILL BE SOLD IN 2026 TO YEAR-ROUND RESIDENTS IN PERPETUITY. WE ALSO HAD ANOTHER SIX HOME DEVELOPMENT ACHIEVE FINAL APPROVAL FROM THE LOCAL PLANNING BOARD AFTER A TWO YEAR APPEAL PROCESS, SO NOW DEVELOPMENT WORK CAN BEGIN. THROUGHOUT 2025, WE MAINTAINED THREE APARTMENTS LEASED OUT TO YEAR-ROUND RESIDENTS AT AFFORDABLE RENTAL RATES. IN SUPPORT OF LOCAL BUSINESSES, WE LEASED THREE COMMERCIAL SPACES AT AFFORDABLE RATES, PROVIDED TECHNICAL SUPPORT TO LOCAL SMALL BUSINESSES, AND HELPED CREATE REASONS FOR PEOPLE TO COME TO THE COMMERCIAL DISTRICT, CREATING FOOT TRAFFIC FOR LOCAL BUSINESSES. MANY OF THOSE OPPORTUNITIES WERE DEVELOPED IN COORDINATION WITH OTHER NONPROFITS BY PROVIDING FREE MEETING SPACE FOR THEIR EVENTS, MEETINGS, CLASSES OR DEVELOPING RECREATIONAL SPACES OVER THE WINTER. THESE EFFORTS ATTRACTED HUNDREDS OF PEOPLE FROM A SIGNIFICANT DISTANCE WHO WOULD NOT OTHERWISE TRAVEL HERE. THROUGHOUT 2025, WE ALSO LEASED LAND TO COLLEGE OF THE ATLANTIC, WHERE THEY HOUSED STUDENTS AND STAFF, AND ANOTHER LOT WAS LEASED TO A YEAR-ROUND FAMILY IN A SHARED-EQUITY HOUSING MODEL,KEEPING THAT HOME AFFORDABLE TO THE HOMEOWNERS. THE ORGANIZATION RECEIVED REVENUE FROM THE RENTAL PRPOERTIES THAT OFFSETS, BUT DOES NOT FULLY COVER, THE COSTS OF PROPERTY TAXES, INSURANCE, MANAGEMENT AND MAINTENANCE. COMMUNITY REVITALIZATION - MOUNT DESERT 365 (THE CORPORATION) ENGAGES IN ACTIVITIES TO PROMOTE COMMUNITY REVITALIZATION THAT IS GUIDED BY THE TOWN'S COMPREHENSIVE PLAN'S TOP THREE GOALS. THE OVERALL GOAL IS TO HAVE MORE PEOPLE LIVING AND/OR WORKING IN THE TOWN ON A YEAR-ROUND BASIS. WE TAKE A MULTIPRONG APPROACH TOWARD THAT GOAL WITH FOCUSES ON HOUSING, BUSINESS AND NONPROFIT SUPPORT, AND COMMUNITY ENGAGEMENT. IN 2025, OUR MAJOR EFFORT WAS ON CREATING AND MAINTAINING YEAR-ROUND HOUSING. WE DESIGNED AND STARTED THE CONSTRUCTION AND SITEWORK FOR TWO HOMES THAT WILL BE SOLD IN 2026 TO YEAR-ROUND RESIDENTS IN PERPETUITY. WE ALSO HAD ANOTHER SIX HOME DEVELOPMENT ACHIEVE FINAL APPROVAL FROM THE LOCAL PLANNING BOARD AFTER A TWO YEAR APPEAL PROCESS, SO NOW DEVELOPMENT WORK CAN BEGIN. THROUGHOUT 2025, WE MAINTAINED THREE APARTMENTS LEASED OUT TO YEAR-ROUND RESIDENTS AT AFFORDABLE RENTAL RATES. IN SUPPORT OF LOCAL BUSINESSES, WE LEASED THREE COMMERCIAL SPACES AT AFFORDABLE RATES, PROVIDED TECHNICAL SUPPORT TO LOCAL SMALL BUSINESSES, AND HELPED CREATE REASONS FOR PEOPLE TO COME TO THE COMMERCIAL DISTRICT, CREATING FOOT TRAFFIC FOR LOCAL BUSINESSES. MANY OF THOSE OPPORTUNITIES WERE DEVELOPED IN COORDINATION WITH OTHER NONPROFITS BY PROVIDING FREE MEETING SPACE FOR THEIR EVENTS, MEETINGS, CLASSES OR DEVELOPING RECREATIONAL SPACES OVER THE WINTER. THESE EFFORTS ATTRACTED HUNDREDS OF PEOPLE FROM A SIGNIFICANT DISTANCE WHO WOULD NOT OTHERWISE TRAVEL HERE. THROUGHOUT 2025, WE ALSO LEASED LAND TO COLLEGE OF THE ATLANTIC, WHERE THEY HOUSED STUDENTS AND STAFF, AND ANOTHER LOT WAS LEASED TO A YEAR-ROUND FAMILY IN A SHARED-EQUITY HOUSING MODEL,KEEPING THAT HOME AFFORDABLE TO THE HOMEOWNERS. THE ORGANIZATION RECEIVED REVENUE FROM THE RENTAL PRPOERTIES THAT OFFSETS, BUT DOES NOT FULLY COVER, THE COSTS OF PROPERTY TAXES, INSURANCE, MANAGEMENT AND MAINTENANCE.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2017.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.