Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 07-01-2012 , and ending 06-30-2013
Name of foundation
MAINE RESOURCE DEVELOPMENT CORP
 

Number and street (or P.O. box number if mail is not delivered to street address)18 LINCOLN STREET   Room/suite
City or town, state, and ZIP code
PORTLAND, ME04103
A Employer identification number

01-0358145
B Telephone number (see instructions)

(207) 774-2552
C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$236,184J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 91,072
2 Check bullet
3 Interest on savings and temporary cash investments 1 1 1
4 Dividends and interest from securities......      
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 588,676   588,676
12 Total. Add lines 1 through 11........ 679,749 1 588,677
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 71,000   71,000  
14 Other employee salaries and wages...... 378,848   378,848  
15 Pension plans, employee benefits....... 93,641   93,641  
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 24,572   24,572  
c Other professional fees (attach schedule).... Click to see attachment 4,468   4,468  
17 Interest............... 12,228   12,228  
18 Taxes (attach schedule) (see instructions)        
19 Depreciation (attach schedule) and depletion... Click to see attachment 19,907   19,907
20 Occupancy.............. 37,168   37,168  
21 Travel, conferences, and meetings....... 12,001   12,001  
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 71,513   71,513  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 725,346 0 725,346 0
25 Contributions, gifts, grants paid........ 0 0
26 Total expenses and disbursements. Add lines 24 and 25 725,346 0 725,346 0
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -45,597
b Net investment income (if negative, enter -0-) 1
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 36,628 17,599 17,599
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet131,068
Less: allowance for doubtful accounts bullet   228,632 131,068 131,068
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges........... 12,599 7,411 7,411
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........      
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet492,403
Less: accumulated depreciation (attach schedule) bullet412,297 98,609 Click to see attachment80,106 80,106
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 376,468 236,184 236,184
Liabilities 17 Accounts payable and accrued expenses.......... 261,404 186,087
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 202,609 Click to see attachment183,239
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 464,013 369,326
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... -87,545 -133,142
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... -87,545 -133,142
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 376,468 236,184
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 -87,545
2 Enter amount from Part I, line 27a..................... 2 -45,597
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 -133,142
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 -133,142
Form 990-PF (2012)
Form 990-PF (2012)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2011      
2010      
2009      
2008      
2007      
2 Total of line 1, column (d) ...................... 2  
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3  
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4  
5 Multiply line 4 by line 3....................... 5  
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6  
7 Add lines 5 and 6......................... 7  
8 Enter qualifying distributions from Part XII, line 4.............. 8  
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2012)
Form 990-PF (2012)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 0
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3  
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5  
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a  
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet   Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletME
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletJERRY KEENE Telephone no.bullet (207) 774-2552
    Located atbullet18 LINCOLN STREETPORTLANDME ZIP+4bullet04103
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2012?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2012.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2012?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    WILLIAM MCCULLOUGHClick to see attachment PRESIDENT
    2.00     		0 0 0
    18 LINCOLN STREET
    PORTLAND,ME04103
    GLEN LAGASSEClick to see attachment DIRECTOR
    2.00     		0 0 0
    18 LINCOLN STREET
    PORTLAND,ME04103
    DAVID WAGNERClick to see attachment DIRECTOR
    2.00     		0 0 0
    18 LINCOLN STREET
    PORTLAND,ME04103
    JERRY B KEENEClick to see attachment ADMINISTRATO
    40.00     		26,780 0 0
    18 LINCOLN STREET
    PORTLAND,ME04103
    JAMES B HURDClick to see attachment ILP-DIRECTOR
    40.00     		44,220 10,390 0
    18 LINCOLN STREET
    PORTLAND,ME04103
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 SIX BED RESIDENTIAL CARE FACILITY (PNMI APPENDIX F). PRIMARILY SUPPORTED BY MAINE DHHS. 504,518
    2 INDEPENDENT LIVING PROGRAM ASSISTS MENTALLY RETARDED PERSONS IN THEIR PURSUIT OF AN OPTIMAL LEVEL OF ADJUSTMENT TO COMMUNITY LIVING, PRIMARILY FUNDED BY MAINE DHHS. 220,957
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    0
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    0
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    0
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    0
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    0
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
     
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    0
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    0
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    0
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7 0
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007.......  
    b From 2008.......  
    c From 2009.......  
    d From 2010.......  
    e From 2011.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$  
    a Applied to 2011, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2012 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2012.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2008....  
    b Excess from 2009....  
    c Excess from 2010....  
    d Excess from 2011....  
    e Excess from 2012....  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2012, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a  
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    aMAINECARE - RCF         455,558
    bMAINECARE - ILP         133,118
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments         1
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory          
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..     588,677
    13Total. Add line 12, columns (b), (d), and (e)..................
    13588,677
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    1A DHHS FUNDING FOR 6 BED RCF (PNMI APPENDIX F)
    1B DHHS FUNDING FOR ILP PROGRAM.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2012)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2012
    Name of the organization
    MAINE RESOURCE DEVELOPMENT CORP
     
    Employer identification number

    01-0358145
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990; or check the box on line H of its
    Form 990-EZ or on Part I, line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 2
    Name of organization
    MAINE RESOURCE DEVELOPMENT CORP
          		Employer identification number

    01-0358145
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    ME DEPT OF HEALTH HUMAN SERVICES    
    11 STATE HOUSE STATION
       
    AUGUSTA, ME   043330011

    		$91,072


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 3
    Name of organization
    MAINE RESOURCE DEVELOPMENT CORP
          		Employer identification number

    01-0358145
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 4
    Name of organization
    MAINE RESOURCE DEVELOPMENT CORP
          		Employer identification number

    01-0358145
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2012 AccountingFeesSchedule
    Name:
    MAINE RESOURCE DEVELOPMENT CORP
    EIN: 01-0358145
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL AND ACCOUNTING 17,445   17,445  
    DATA PROCESSING FEES 6,437   6,437  
    LEGAL AND ACCOUNTING 690   690  

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    TY 2012 AmortizationSchedule
    Name:
    MAINE RESOURCE DEVELOPMENT CORP
    EIN: 01-0358145
    Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
    START-UP COSTS 1978-08-31 5,849 5,849 5       5,849

    TY 2012 CompensationExplanation
    Name:
    MAINE RESOURCE DEVELOPMENT CORP
    EIN: 01-0358145
    Person Name Explanation
    WILLIAM MCCULLOUGH  
    GLEN LAGASSE  
    DAVID WAGNER  
    JERRY B KEENE  
    JAMES B HURD  

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    TY 2012 DepreciationSchedule
    Name:
    MAINE RESOURCE DEVELOPMENT CORP
    EIN: 01-0358145
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    2010 CHRYSLER TOWN & COUNTRY 2A4RR 2010-01-01 30,313 18,946 S/L 4.0000 7,578   7,578  
    CONSTRUCTION PROJECT 1988-11-01 111,544 87,996 S/L 30.0000 3,718   3,718  
    CONVERT GARAGE 2012-06-30 31,600   S/L 15.0000 2,107   2,107  
    ELECTRICAL WORK 2009-12-16 5,822 2,911 S/L 5.0000 1,164   1,164  
    STAIRLIFT 2011-10-12 3,643 546 S/L 5.0000 729   729  
    LAPTOP 2010-06-30 2,295 918 S/L 5.0000 459   459  
    DRIVEWAY 2012-06-30 3,200   S/L 8.0000 400   400  
    FIRE SUPPRESSION SYSTEM 2008-06-27 1,970 1,126 S/L 7.0000 281   281  
    MOTION SENSORS, WALL, RAILING 2009-11-23 1,242 642 S/L 5.0000 248   248  
    NEW FLOORING IN CLIENT BEDROOM 2009-03-03 1,139 759 S/L 5.0000 228   228  
    NOTEBOOK COMPUTER 2008-10-22 1,070 785 S/L 5.0000 214   214  
    SUMP PUMP 2010-06-01 995 415 S/L 5.0000 199   199  
    NEW COMPUTER 2009-01-21 890 608 S/L 5.0000 178   178  
    FREEZER 2011-07-25 815 149 S/L 5.0000 163   163  
    STEPS 2012-06-30 2,200   S/L 15.0000 147   147  
    LAPTOP & PRINTER 2008-06-26 730 584 S/L 5.0000 146   146  
    NEW PC, A/V, WARRANTY 2011-12-07 695 81 S/L 5.0000 139   139  
    TWO SOFAS & CHAIR 2008-11-01 947 496 S/L 7.0000 135   135  
    REDO GROUT IN FF BATHROOM 2010-02-08 631 305 S/L 5.0000 126   126  
    COPIER 2008-06-28 600 480 S/L 5.0000 120   120  
    LAPTOP & PRINTER 2008-06-26 580 464 S/L 5.0000 116   116  
    2 TWIN BEDS & FRAMES 2008-12-15 800 409 S/L 7.0000 115   115  
    REFRIGERATOR 2012-07-27 616   S/L 5.0000 113   113  
    RAMP 2012-06-30 1,600   S/L 15.0000 107   107  
    DISHWASHER 2010-08-13 671 184 S/L 7.0000 95   95  
    FIRE EQUIPMENT 2008-08-20 655 359 S/L 7.0000 93   93  
    FLOOR TRIM/METAL FIRE STRIP FOR CHIMNEY 2009-03-25 435 283 S/L 5.0000 87   87  
    PLUMBING & FLOORING FOR DRYERS 2008-02-26 597 517 S/L 5.0000 80   80  
    LAPTOP 2011-12-31 399 40 S/L 5.0000 80   80  
    PRINTER 2011-06-16 392 78 S/L 5.0000 79   79  
    MAYTAG 2007-06-27 530 379 S/L 7.0000 75   75  
    STOVE 2008-04-01 530 322 S/L 7.0000 75   75  
    KITCHEN TABLE 2009-05-04 506 229 S/L 7.0000 72   72  
    OFFICE FUTON 2007-04-09 478 359 S/L 7.0000 68   68  
    FAX/SCANNER 2008-04-01 332 282 S/L 5.0000 50   50  
    REPLACE MAIN BOARD 2008-04-01 335 203 S/L 7.0000 48   48  
    OFFICE AIR CONDITIONER 2006-06-21 279 239 S/L 7.0000 40   40  
    PRINTER/FAX/SCANNER 2008-01-15 352 317 S/L 5.0000 35   35  
    BUILDING 1978-08-31 45,000 45,000 S/L 25.0000        
    LAND 1978-08-31 8,500              
    BUILDING IMPROVEMENTS 1978-10-31 24,168 24,168 S/L 25.0000        
    VARIOUS 1979-01-31 4,996 4,996 S/L 8.0000        
    VARIOUS 1980-01-10 54 54 S/L 5.0000        
    BUILDING IMPROVEMENT 1980-03-04 88 88 S/L 25.0000        
    BUILDING IMPROVEMENT 1981-11-01 188 188 S/L 25.0000        
    VELOCITY STABILIZER 1982-04-01 313 313 S/L 25.0000        
    BUILDING IMPROVEMENTS 1983-02-01 2,000 2,000 S/L 25.0000        
    DISHWASHER 1983-06-01 789 789 S/L 8.0000        
    HIDE-AWAY BED 1983-06-01 499 499 S/L 8.0000        
    VACUUM CLEANER 1983-09-01 160 160 S/L 5.0000        
    BUILDING IMPROVEMENTS 1984-01-01 10,035 10,035 S/L 25.0000        
    BUILDING IMPROVEMENTS 1985-01-01 302 302 S/L 25.0000        
    BUILDING IMPROVEMENTS 1985-01-01 5,942 5,942 S/L 10.0000        
    LAWN MOWER 1985-05-01 115 115 S/L 5.0000        
    VACUUM CLEANER 1985-11-01 120 120 S/L 5.0000        
    4 CHAIRS 1986-03-01 40 40 S/L 3.0000        
    BUILDING IMPROVEMENTS 1986-05-01 945 945 S/L 15.0000        
    SHOWER DOORS 1986-06-01 220 220 S/L 10.0000        
    FREEZER 1986-06-30 549 549 S/L 8.0000        
    DISHWASHER 1986-07-10 410 410 S/L 5.0000        
    MAINT. CONTRACT - FREEZER 1986-09-30 159 159 S/L 7.0000        
    BUZZER 1986-12-24 121 121 S/L 5.0000        
    ALL BRAND VACUUM CLEANER 1987-06-30 210 210 S/L 5.0000        
    TYPEWRITER 1987-07-12 135 135 S/L 5.0000        
    BX VACUUM CLEANER 1988-02-22 150 150 S/L 2.0000        
    ADDING MACHINE 1988-03-28 63 63 S/L 5.0000        
    LIGHT FIXTURES 1988-04-04 182 182 S/L 10.0000        
    PICNIC TABLE 1989-05-17 75 75 S/L 5.0000        
    BED - BEDDING 1989-11-08 200 200 S/L 5.0000        
    ELECTRIC HOT WATER HEATER 1990-09-26 307 307 S/L 5.0000        
    MICROWAVE OVEN 1991-03-22 155 155 S/L 5.0000        
    REPLACEMENT OF AIR COMPRESSOR 1991-04-22 989 989 S/L 5.0000        
    ELECTRIC RANGE SEARS 1991-07-10 800 800 S/L 10.0000        
    DRYER KILTO 1992-07-01 394 394 S/L 7.0000        
    3 BEDS ME BE 1992-07-01 201 201 S/L 7.0000        
    TREADMILL SEARS 1993-03-31 76 76 S/L 7.0000        
    3 BEDS ME BE 1993-05-28 210 210 S/L 7.0000        
    3 STORY LADDER ME PA 1993-06-23 345 345 S/L 7.0000        
    FUTON FURNITURE 1993-11-10 109 109 S/L 7.0000        
    MICROWAVE OVEN 1994-03-21 110 110 S/L 7.0000        
    ALL BRAND VACUUM 1994-05-20 300 300 S/L 7.0000        
    DOOR HOLDERS/CLOSERS-MAGNETIC 1994-06-10 800 800 S/L 5.0000        
    AIR CONDITIONER 1994-06-16 245 245 S/L 7.0000        
    WHEELCHAIR ACCESS RAMP 1994-12-09 3,860 3,860 S/L 10.0000        
    ELECTRIC HEATERS 1995-11-27 348 348 S/L 7.0000        
    VACUUM CLEANER 1995-12-22 236 236 S/L 7.0000        
    ELECTRICAL UPGRADE 1996-11-21 299 299 S/L 10.0000        
    FLOOR COVERINGS 1998-12-07 4,965 4,965 S/L 5.0000        
    BATHROOM REMODELING 1999-02-18 2,048 2,048 S/L 5.0000        
    ELECTRICAL WORK 1999-02-18 989 989 S/L 5.0000        
    CARPENTRY 1999-03-05 998 998 S/L 5.0000        
    REFINISH FLOOR 1999-04-28 525 525 S/L 5.0000        
    ELECTRICAL WORK 1999-07-02 748 748 S/L 5.0000        
    4 BEDSTANDS & 1 BUREAU 1999-07-14 855 855 S/L 7.0000        
    5 DINING ROOM CHAIRS 1999-09-08 806 806 S/L 7.0000        
    PAINTING 1999-10-01                
    PAINTING 1999-10-13                
    TV, VIDEO & HEADPHONES 1999-10-25 620 620 S/L 7.0000        
    BED FRAME & 2 MATTRESSES 1999-11-30 315 315 S/L 7.0000        
    ELECTRIC RANGE 2000-01-26 620 620 S/L 7.0000        
    DISHWASHER 2001-03-29 490 490 S/L 7.0000        
    CARPET MACHINE & VACUUM CLEANER 2001-06-18 408 408 S/L 7.0000        
    WASHING MACHINE 2001-07-31 440 440 S/L 7.0000        
    FREEZER 2001-08-10 385 385 S/L 7.0000        
    DRYER 2002-02-07 420 420 S/L 7.0000        
    PAINT BUILDING 2003-01-27                
    PAINTING 2003-02-20                
    KITCHEN FLOOR 2003-03-14 1,350 1,350 S/L 5.0000        
    FLOORING 2003-04-15 1,386 1,386 S/L 5.0000        
    FLOORING 2003-04-28 2,426 2,426 S/L 5.0000        
    FLOORING 2003-06-12 1,226 1,226 S/L 5.0000        
    PAINTING 2003-08-29                
    REFRIGERATOR/FREEZER 2003-07-02 1,290 1,290 S/L 7.0000        
    FLOORING 2003-07-18 1,870 1,870 S/L 5.0000        
    KITCHEN TABLE & CHAIRS 2004-04-15 550 550 S/L 7.0000        
    COMPUTER PACKAGE 2004-05-10 1,576 1,576 S/L 5.0000        
    ROOF GUTTER REPAIR & DOOR 2004-06-14 925 925 S/L 5.0000        
    STOVE HOOD 2004-12-13 458 458 S/L 7.0000        
    LAND IMPROVEMENTS 2006-06-12 440 440 S/L 5.0000        
    BUILDING IMPROVEMENTS 2006-05-31 13,368 13,368 S/L 5.0000        
    ROOF REPAIR 2006-06-26 9,995 9,995 S/L 5.0000        
    REWIRING AMPLIFLIER BOX 2006-08-01 2,376 2,376 S/L 5.0000        
    CARPENTRY 2006-08-09 2,344 2,344 S/L 5.0000        
    SWITCH BOX 2006-08-23 703 703 S/L 5.0000        
    ELECTRICAL WORK 2006-08-18 875 875 S/L 5.0000        
    CABINET AROUND BOX 2006-09-27 314 314 S/L 5.0000        
    CABINET DOOR & TRIM 2006-09-27 1,134 1,134 S/L 5.0000        
    CABINET WORK, NEW BATHROOM 2006-08-21 800 800 S/L 5.0000        
    BUILDING LAUNDRY ROOM 2007-02-17 12,600 12,600 S/L 5.0000        
    RENOVATIONS 2007-02-26 13,000 13,000 S/L 5.0000        
    PAINTING 2007-02-26 8,000 8,000 S/L 5.0000        
    HARDWOOD FLOORING 2007-03-16 10,000 10,000 S/L 5.0000        
    FINAL PAYMENT FOR 1ST FLOOR RENOVATIONS 2007-03-30 4,000 4,000 S/L 5.0000        
    PAINTING 2007-04-04 4,400 4,400 S/L 5.0000        
    INSTALL 10 NEW LIGHT FIXTURES 2007-04-04 1,000 1,000 S/L 5.0000        
    DECK MATERIALS 2007-04-13 5,000 5,000 S/L 5.0000        
    PAINTING 2007-05-17 5,000 5,000 S/L 5.0000        
    RENOVATIONS 2007-06-01 3,000 3,000 S/L 5.0000        
    DECK & RAILINGS 2007-06-11 3,000 3,000 S/L 5.0000        
    FIRE PANEL & WIRING 2007-01-08 1,307 1,307 S/L 5.0000        
    VARIOUS 1987-06-30 347 347 S/L 5.0000        
    VARIOUS 1987-06-30 205 205 S/L 5.0000        
    WORD PROCESSOR 1988-06-30 825 825 S/L 5.0000        
    SOA MERCHANDISE 1990-04-05 399 399 S/L 5.0000        
    CAMCORDER VCR & TV 1990-06-27 1,376 1,376 S/L 5.0000        
    COMPUTER HARDWARE SOFTWARE PRINTER 1991-04-12 2,503 2,503 S/L 5.0000        
    APPLE COMPUTER HDE APE MAC CLASSIC II 40/4 68 1992-05-07 1,230 1,230 S/L 5.0000        
    AIR CONDITIONER - 8000 PANASONIC 1992-06-29 400 400 S/L 5.0000        
    COUCH 1992-06-30 339 339 S/L 5.0000        
    PC6RE COPIER 1993-04-15 1,124 1,124 S/L 5.0000        
    3 - THREE DRAWER FILES 1993-05-04 302 302 S/L 7.0000        
    SOFTWARE - WORDPERFECT 1993-06-11 375 375 S/L 5.0000        
    CONFERENCE TABLE 1993-06-16 280 280 S/L 7.0000        
    CHAIR 1993-06-22 159 159 S/L 7.0000        
    APPLE LASER PRINTER 1993-06-28 741 741 S/L 5.0000        
    AIR CONDITIONER - QUASAR 1993-06-28 272 272 S/L 7.0000        
    COMPUTER 1995-06-21 2,500 2,500 S/L 5.0000        
    COMPUTER SOFTWARE 1995-06-26 356 356 S/L 5.0000        
    REFRIGERATOR 1996-01-22 375 375 S/L 7.0000        
    DESK 1998-08-01 180 180 S/L 7.0000        
    CANON PC775 COPIER 1998-08-01 650 650 S/L 5.0000        
    COMPUTER/PRINTER 2001-04-05 2,128 2,128 S/L 5.0000        
    DELL COMPUTER 2002-06-30 1,586 1,586 S/L 5.0000        
    REFRIGERATOR 2002-06-30 175 175 S/L 7.0000        
    COMPUTER EQUIPMENT 2002-07-01 210 210 S/L 5.0000        
    COMPUTER/PRINTER 2006-06-30 3,078 3,078 S/L 5.0000        
    COMPUTER 2007-06-30 823 823 S/L 5.0000        
    SOFTWARE 2007-06-28 254 254 S/L 5.0000        
    COMPUTER 2013-06-17 839   S/L 5.0000        

    TY 2012 LandEtcSchedule2
    Name:
    MAINE RESOURCE DEVELOPMENT CORP
    EIN: 01-0358145
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    NET FIXED ASSETS 483,903 412,297 71,606 80,106


    TY 2012 MortgagesAndNotesPayableSch 
    Name:
    MAINE RESOURCE DEVELOPMENT CORP
    EIN: 01-0358145
    Total Mortgage Amount: 130646

    Item No. 1
    Lender's Name TD BANK
    Lender's Title  
    Relationship to Insider  
    Original Amount of Loan 30313
    Balance Due 14639
    Date of Note 2010-02
    Maturity Date 2016-01
    Repayment Terms MONTHLY P&I
    Interest Rate 0.0693
    Security Provided by Borrower VEHICLE
    Purpose of Loan VEHICLE PURCHASE
    Description of Lender Consideration  
    Consideration FMV  

    Item No. 2
    Lender's Name TD BANK 9053
    Lender's Title  
    Relationship to Insider  
    Original Amount of Loan 61000
    Balance Due 37954
    Date of Note 2007-01
    Maturity Date 2017-02
    Repayment Terms MONTHLY P&I
    Interest Rate 0.0811
    Security Provided by Borrower MORTGAGE, RENTS
    Purpose of Loan RENOVATIONS, REPAIRS, IMPROVEMENTS
    Description of Lender Consideration  
    Consideration FMV  


    TY 2012 OtherExpensesSchedule
    Name:
    MAINE RESOURCE DEVELOPMENT CORP
    EIN: 01-0358145
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    DUES & SUBSCRIPTIONS 325   325  
    LICENSES & FEES 393   393  
    REPAIRS AND MAINTENANCE 7,259   7,259  
    BANK CHARGES 499   499  
    CLIENT SUPPORT 155   155  
    FOOD 20,217   20,217  
    OFFICE SUPPLIES & EXPENSE 1,778   1,778  
    SUPPLIES 6,637   6,637  
    SERVICE PROVIDER TAX 28,388   28,388  
    STAFF TRAINING 4,160   4,160  
    MISCELLANEOUS 1,650   1,650  


    TY 2012 OtherIncomeSchedule2
    Name:
    MAINE RESOURCE DEVELOPMENT CORP
    EIN: 01-0358145
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MAINECARE - RCF 455,558   455,558
    MAINECARE - ILP 133,118   133,118


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    MAINE RESOURCE DEVELOPMENT CORP
    EIN: 01-0358145
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTANTS 4,468   4,468