Is White Mountain Gateway Economic Development Corporation Legit?

White Mountain Gateway Economic Development Corporation appears to be a dormant or significantly scaled-down organization based on its latest financial filings. The most recent period (201512) shows minimal revenue of $1,245 and expenses of $2,134, with zero assets and liabilities reported in the latest available data, which contradicts the asset figures from prior years. This suggests a potential winding down or complete inactivity, as the organization reported $0 in both revenue and assets in its latest filing. The lack of officer compensation across all reported periods indicates either an all-volunteer board or that compensation is not being reported in a standard manner, which could be a point of inquiry for transparency. The organization's financial health, based on the provided data, is concerning due to the reported $0 revenue and assets in the latest period, following a significant drop from $208,868 in revenue in 201312. Spending efficiency is difficult to assess without detailed expense breakdowns, but with minimal activity, the concept of efficiency becomes less relevant. Transparency is moderate; while officer compensation is reported as 0%, the discrepancy in asset reporting between the latest and prior periods warrants clarification.