TY 2015 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2015

Open to Public Inspection

For calendar year 2015, or tax year beginning 07-01-2015 , and ending 06-30-2016

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 or province, country, and ZIP or foreign postal code
PORTLAND, ME04103

A Employer identification number

01-0358145

B Telephone number (see instructions)

(207) 774-2552

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$231,473J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)	80,259
2	Check Sch. B .............
3	Interest on savings and temporary cash investments
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).......		721,951		721,951
12	Total. Add lines 1 through 11........	802,210		0	721,951
13	Compensation of officers, directors, trustees, etc.	61,010			61,010
14	Other employee salaries and wages......	442,147			442,147
15	Pension plans, employee benefits.......	86,521			86,521
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		23,482		23,482
c	Other professional fees (attach schedule)....
17	Interest...............	10,673			10,673
18	Taxes (attach schedule) (see instructions)...		38,733		38,733
19	Depreciation (attach schedule) and depletion...		10,035		10,035
20	Occupancy..............	35,597			35,597
21	Travel, conferences, and meetings.......	21,049			21,049
22	Printing and publications..........
23	Other expenses (attach schedule).......		48,285		-7,296	55,581
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	777,532		0	721,951	55,581
25	Contributions, gifts, grants paid.......	0				0
26	Total expenses and disbursements. Add lines 24 and 25	777,532		0	721,951	55,581
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	24,678
b	Net investment income (if negative, enter -0-)			0
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2015)

Form 990-PF (2015)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	9,612	43,550	43,550
	2	Savings and temporary cash investments.........
	3	Accounts receivable 116,953
		Less: allowance for doubtful accounts	99,976	116,953	116,953
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	13,689	17,186	17,186
	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
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis 503,231
		Less: accumulated depreciation (attach schedule) 448,946	59,645	54,285	53,784
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	182,922	231,974	231,473
	17	Accounts payable and accrued expenses..........	166,516	187,423
	18	Grants payable..................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......	127,412	130,879
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	293,928	318,302
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................	-111,006	-86,328
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		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 instructions).....	-111,006	-86,328
	31	Total liabilities and net assets/fund balances (see instructions).	182,922	231,974

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

-111,006

Enter amount from Part I, line 27a .....................

24,678

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

-86,328

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

-86,328

Form 990-PF (2015)

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
(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)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	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 ...................		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? Yes No

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 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))
2014	64,355
2013	101,863
2012
2011
2010

Total of line 1, column (d) .....................

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 . . .

Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....

Multiply line 4 by line 3......................

Enter 1% of net investment income (1% of Part I, line 27b)...........

Add lines 5 and 6........................

Enter qualifying distributions from Part XII, line 4.............

55,581

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 (2015)

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	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	0
	hereand 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	2015 estimated tax payments and 2014 overpayment credited to 2015	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. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2015)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

JERRY KEENE Telephone no. bullet

(207) 774-2552

Located at bullet

18 LINCOLN STREETPORTLANDME ZIP+4 bullet

04103

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here....... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

16 At any time during calendar year 2015, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country?

16 No

See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 instructions)? ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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 2015?.............

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)):

At the end of tax year 2015, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2015?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

If "Yes," did it have excess business holdings in 2015 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 2015.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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 2015?

Form 990-PF (2015)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (Continued)

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2015)

Page 7

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-)
WILLIAM MCCULLOUGH	PRESIDENT 2.00	0
18 LINCOLN STREET PORTLAND,ME04103	PRESIDENT 2.00	0
GLEN LAGASSE	DIRECTOR 2.00	0
18 LINCOLN STREET PORTLAND,ME04103	DIRECTOR 2.00	0
DAVID WAGNER	DIRECTOR 2.00	0
18 LINCOLN STREET PORTLAND,ME04103	DIRECTOR 2.00	0
JERRY B KEENE	EXECUTIVE DI 40.00	61,010
18 LINCOLN STREET PORTLAND,ME04103	EXECUTIVE DI 40.00	61,010

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...................

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.	496,998
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.	280,532
3


4

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 instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2015)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

Average of monthly cash balances.......................

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

Minimum investment return. Enter 5% of line 5..................

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

Tax on investment income for 2015 from Part VI, line 5......

Income tax for 2015. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

Distributable amount before adjustments. Subtract line 2c from line 1............

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

55,581

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

55,581

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).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

55,581

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 (2015)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2015
1 Distributable amount for 2015 from Part XI, line 7			0
2 Undistributed income, if any, as of the end of 2015:
a Enter amount for 2014 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2015:
a From 2010......
b From 2011......
c From 2012......	136,669
d From 2013......	101,863
e From 2014......	64,355
fTotal of lines 3a through e........		302,887
4Qualifying distributions for 2015 from Part
XII, line 4: $ 55,581
a Applied to 2014, 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 2015 distributable amount.....
e Remaining amount distributed out of corpus		55,581
5 Excess distributions carryover applied to 2015.
(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		358,468
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 2014. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2016. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........			0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8Excess distributions carryover from 2010 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2016. Subtract lines 7 and 8 from line 6a ......		358,468
10 Analysis of line 9:
a Excess from 2011....
b Excess from 2012....	136,669
c Excess from 2013....	101,863
d Excess from 2014....	64,355
e Excess from 2015....	55,581

Form 990-PF (2015)

Page 10

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 2015, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

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) 2015	(b) 2014	(c) 2013	(d) 2012	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or email address 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 (2015)

Page 11

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a

bApproved for future payment

Total ................................. 3b

Form 990-PF (2015)

Page 12

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	(e) Related or exempt function income (See instructions.)
aMAINECARE					498,526
bMAINECARE - ILP					223,425
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....
8 Gain 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)..					721,951

13Total. Add line 12, columns (b), (d), and (e)..................

13721,951

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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 (2015)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2015)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2015

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

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

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

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... 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 its Form 990PF, Part I, line 2, 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) (2015)

Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2

Name of organization MAINE RESOURCE DEVELOPMENT CORP

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, ME043330011	$ 80,259	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

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) (2015)

Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

Page 4


Name of organization MAINE RESOURCE DEVELOPMENT CORP			Employer identification number 01-0358145
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. 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.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No.from Part I

(b) Purpose 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

(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

(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

(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) (2015)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2015 AccountingFeesSchedule

Name:

MAINE RESOURCE DEVELOPMENT CORP

EIN:

01-0358145

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
DATA PROCESSING FEES	7,932		7,932
LEGAL AND ACCOUNTING	15,550		15,550

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2015 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	5.0000				5,849

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2015 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	Adjusted Net Income
2010 CHRYSLER TOWN & COUNTRY 2A4RR	2010-01-01	30,313	30,313	S/L	4.0000
CONSTRUCTION PROJECT	1988-11-01	111,544	99,150	S/L	30.0000	3,718	3,718
CONVERT GARAGE	2012-06-30	31,600	6,320	S/L	15.0000	2,107	2,107
ELECTRICAL WORK	2009-12-16	5,822	5,822	S/L	5.0000
STAIRLIFT	2011-10-12	3,643	2,732	S/L	5.0000	729	729
LAPTOP	2010-06-30	2,295	2,295	S/L	5.0000
DRIVEWAY	2012-06-30	3,200	1,200	S/L	8.0000	400	400
FIRE SUPPRESSION SYSTEM	2008-06-27	1,970	1,970	S/L	7.0000
MOTION SENSORS, WALL, RAILING	2009-11-23	1,242	1,242	S/L	5.0000
NEW FLOORING IN CLIENT BEDROOM	2009-03-03	1,139	1,139	S/L	5.0000
NOTEBOOK COMPUTER	2008-10-22	1,070	1,070	S/L	5.0000
SUMP PUMP	2010-06-01	995	995	S/L	5.0000
NEW COMPUTER	2009-01-21	890	890	S/L	5.0000
FREEZER	2011-07-25	815	638	S/L	5.0000	163	163
STEPS	2012-06-30	2,200	440	S/L	15.0000	147	147
LAPTOP & PRINTER	2008-06-26	730	730	S/L	5.0000
NEW PC, A/V, WARRANTY	2011-12-07	695	498	S/L	5.0000	139	139
TWO SOFAS & CHAIR	2008-11-01	947	902	S/L	7.0000	45	45
REDO GROUT IN FF BATHROOM	2010-02-08	631	631	S/L	5.0000
COPIER	2008-06-28	600	600	S/L	5.0000
LAPTOP & PRINTER	2008-06-26	580	580	S/L	5.0000
2 TWIN BEDS & FRAMES	2008-12-15	800	752	S/L	7.0000	48	48
REFRIGERATOR	2012-07-27	616	359	S/L	5.0000	124	124
RAMP	2012-06-30	1,600	320	S/L	15.0000	107	107
DISHWASHER	2010-08-13	671	471	S/L	7.0000	96	96
FIRE EQUIPMENT	2008-08-20	655	639	S/L	7.0000	16	16
FLOOR TRIM/METAL FIRE STRIP FOR CHIMNEY	2009-03-25	435	435	S/L	5.0000
PLUMBING & FLOORING FOR DRYERS	2008-02-26	597	597	S/L	5.0000
LAPTOP	2011-12-31	399	279	S/L	5.0000	80	80
PRINTER	2011-06-16	392	313	S/L	5.0000	79	79
MAYTAG	2007-06-27	530	530	S/L	7.0000
STOVE	2008-04-01	530	530	S/L	7.0000
KITCHEN TABLE	2009-05-04	506	446	S/L	7.0000	60	60
OFFICE FUTON	2007-04-09	478	478	S/L	7.0000
FAX/SCANNER	2008-04-01	332	332	S/L	5.0000
REPLACE MAIN BOARD	2008-04-01	335	335	S/L	7.0000
OFFICE AIR CONDITIONER	2006-06-21	279	279	S/L	7.0000
PRINTER/FAX/SCANNER	2008-01-15	352	352	S/L	5.0000
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	336	S/L	5.0000	167	167
FREEZER	2014-11-24	2,861	334	S/L	5.0000	572	572
COMPUTER	2015-03-03	750	50	S/L	5.0000	150	150
VEHICLE	2014-08-08	2,500	458	S/L	5.0000	500	500
COMPUTER	2016-01-28	665		S/L	5.0000	55	55
2 DRYERS & WASHING MACHINE	2015-11-09	3,529		S/L	5.0000	471	471
STOVE	2015-11-19	530		S/L	5.0000	62	62

- TIN:

TY 2015 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	494,731	448,946	45,785	45,284
LAND	8,500		8,500	8,500

- TIN:

TY 2015 MortgagesAndNotesPayableSch

Name:

MAINE RESOURCE DEVELOPMENT CORP

EIN:

01-0358145

Total Mortgage Amount: 103,484

Item No.	1
Lender's Name	TD BANK
Lender's Title
Relationship to Insider
Original Amount of Loan	30,313
Balance Due
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	61,000
Balance Due	27,395
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

- TIN:

TY 2015 OtherExpensesSchedule

Name:

MAINE RESOURCE DEVELOPMENT CORP

EIN:

01-0358145

Description	Revenue and Expenses per Books	Adjusted Net Income	Disbursements for Charitable Purposes
EXPENSES
DUES & SUBSCRIPTIONS	-12	-12
LICENSES & FEES	248	248
REPAIRS AND MAINTENANCE	8,300	8,300
BANK CHARGES	1,192	1,192
FOOD	24,986	24,986
OFFICE SUPPLIES & EXPENSE	1,287	1,287
SUPPLIES	10,451	10,451
STAFF TRAINING	1,523	1,523
MISCELLANEOUS	258	258
EXCESS EXPENSES ALLOC. TO CHA		-55,581	55,581

- TIN:

TY 2015 OtherIncomeSchedule2

Name:

MAINE RESOURCE DEVELOPMENT CORP

EIN:

01-0358145

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
MAINECARE	498,526		498,526
MAINECARE - ILP	223,425		223,425

- TIN:

TY 2015 TaxesSchedule

Name:

MAINE RESOURCE DEVELOPMENT CORP

EIN:

01-0358145

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
SERVICE PROVIDER TAX	38,733		38,733