Coastal Enterprises Inc logo

Coastal Enterprises Inc

Public charity · Grantmaker Brunswick, ME EIN: 01-0347504 Website

Coastal Enterprises, Inc. (CEI) is a public charity based in Brunswick, Maine, founded in 1977. It is a Community Development Financial Institution that combines financing, business expertise, and policy solutions to support a more equitable, just, and climate-resilient economy for people and communities in Maine and rural regions.

Coastal Enterprises Inc at a glance

In short: Coastal Enterprises Inc gave $1.8M across 35 grants in 2025 (avg $51K), mostly in Maine. 60% of 2025 grantees were new. Source: 2025 IRS Form 990.

Annual giving (2025)
$1,785,900
-57.2% vs 2024
Grants made (2025)
35
-61.5% vs 2024
Average grant
$51,026
+11.4% vs 2024
Median grant
$30,000
Total assets
$166,561,368
+9.9% vs 2024
New grantees (estimate)
60% first-time grantees (21 of 35, 2025)
Primary geography
Maine (91% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Coastal Enterprises Inc

Contact

Mailing address: 30 Federal Street, Brunswick, ME 04011
Phone: (207) 504-5900
Website: https://ceimaine.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Coastal Enterprises Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Community Concepts Inc: $213KCommunity Concepts Inc$213KKennebec Valley Community Action Program: $213KKennebec Valley CommunityAction Program$213KBeth Brunswick Memorial Fund for Children: $150KBeth Brunswick Memorial Fundfor Children$150KWindham School Age Child Care Association Inc: $150KWindham School Age Child CareAssociation Inc$150KIndian Township Tribal Government: $88KIndian Township TribalGovernment$88KGraces Busy Bees Learning Center LLC: $80KGraces Busy Bees LearningCenter LLC$80KKidspace Inclusive Childcare: $68KKidspace Inclusive Childcare$68KRiverside Academy: $68KRiverside Academy$68KWestern Maine Community Action: $68KWestern Maine Community Action$68KMaine Mountain Childrens House: $63KMaine Mountain Childrens House$63K

The largest 2025 recipient was Community Concepts Inc ($213K). Together the top 10 received $1.2M.

Grant Size Distribution

186 grants across all recorded years

124<$50K36$50–100K22$100–250K4$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 124 grants of 186 (67%).

Geographic Focus

Where this funder awards grants

CEI describes its mission as serving people and communities in Maine and rural regions. Its website also describes strong ties across Maine and work with partners across the country. In 2025, 91% of grant dollars went to recipients in Maine; the remainder went to Louisiana (4%), New York (3%), and Pennsylvania (2%).

Grant Distribution by State

16states

Share of 2025 grant dollars across all 35 itemized grants.

Cities

LewistonPortlandAugustaBangorEllsworthGorhamKingfieldSacoSanfordBathChelseaCumberlandFreeportGardinerWindhamAuburnBrewerCascoChinaDoverfoxcroft

Is Coastal Enterprises Inc open to new grantees?

60%

first-time grantees, 2025

In 2025, 21 of 35 grantees (60%) were first-time recipients. First grants averaged $27K; repeat grants $86K. How we count

Medians: $25K first-time, $68K repeat.

  • 37% of 2025 grantees were also funded in 2024. Method

Estimate from itemized grant lists in IRS Form 990 filings (2023–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6MTotal only2019 Total only2020 Total only2021 Total only2022 60 grants2023 91 grants2024 35 grants2025

From 2019 to 2025, annual grant giving ranged from $7K (2021) to $4.2M (2024). In 2025 it made 35 grants totaling $1.8M.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Community Concepts Inc Lewiston, MEChild Care Infrastructure Grant Program$212,500
Kennebec Valley Community Action Program Waterville, MEChild Care Infrastructure Grant Program$212,500
Beth Brunswick Memorial Fund for Children Rangeley, MEChild Care Infrastructure Grant Program$150,000
Windham School Age Child Care Association Inc Windham, MEChild Care Infrastructure Grant Program$150,000
Indian Township Tribal Government Indian Township, MEChild Care Infrastructure Grant Program$87,500
Graces Busy Bees Learning Center LLC Chin, MEChild Care Infrastructure Grant Program$80,000
Kidspace Inclusive Childcare Lewiston, MEChild Care Infrastructure Grant Program$68,000
Riverside Academy Reserve, LAChild Care Infrastructure Grant Program$68,000
Western Maine Community Action East Wilton, MEChild Care Infrastructure Grant Program$68,000
Maine Mountain Childrens House Kingfield, MEChild Care Infrastructure Grant Program$62,500
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Financial History

Multi-year comparison from IRS filings

Grant totals and counts reported for 2024 and 2023 were $4,168,050 across 91 grants and $3,548,435 across 60 grants, respectively.

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$166,561,368$19,896,255$23,228,135$1,785,90035$5,155,229
2024$151,608,145$39,919,564$23,726,709$4,168,05091$3,361,333
2023$125,867,837$22,641,314$18,685,864$3,548,43560$3,874,518
2022$113,144,533$13,614,519$12,902,636$20,900Total only$1,627,786
2021$100,877,671$43,453,136$28,637,781$6,950Total only$1,151,082
2020$99,554,541$12,013,440$12,297,218$8,250Total only$1,084,435
2019$105,726,277$9,413,252$11,309,115$50,369Total only$275,315

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

CEI’s mission is to build a just, vibrant, and climate-resilient future for people and communities in Maine and rural regions by integrating finance, business expertise, and policy solutions. Its 2024 filing describes programs that stimulate economic activity through investment, technical assistance, education, and training, primarily in small businesses, affordable housing, and community facilities.

The 2025 grants listed in its filing were designated for a child care infrastructure grant program. Among the recipients, Community Concepts Inc. says its mission is to strengthen individuals, families, and communities in Western Maine through programs, partnerships, and advocacy addressing barriers to economic opportunity. Western Maine Community Action says it works to help overcome poverty through services and advocacy. Other recipients include schools and early-childhood organizations: Riverside Academy describes itself as a preschool-through-grade-12 educational institution, while Maine Mountain Children’s House describes itself as a Montessori preschool.

Grantmaking

In filing year 2025, CEI reported 35 grants totaling $1,785,900. Grant amounts ranged from $5,525 to $212,500, with a median of $30,000. The largest awards included $212,500 each to Community Concepts Inc. and Kennebec Valley Community Action Program; $150,000 each to Beth Brunswick Memorial Fund for Children and Windham School Age Child Care Association; and $87,500 to Indian Township Tribal Government. These grants were designated for the child care infrastructure grant program.

Other listed grants included $68,000 each to Graces Busy Bees Learning Center, Kidspace Inclusive Childcare, Riverside Academy, and Western Maine Community Action; $62,500 to Maine Mountain Children’s House; and $45,900 to Healthy Kids Extended Day Program. The 2025 filing lists 35 grants in total.

No application process, materials, restrictions, or deadline are specified in the available information.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Adler Prioly, Angela Tennett, Beth Mattingly, C. Shawn Yardley, Charles J. Rudelitch, Dan Belyea, Darrell Ingram, Debby Miller, and Devin Cook as directors. Catherine Van Dusen Godschalk is listed as vice chair. The filing notes that Darrell Ingram became a director as of June 2025.

Coastal Enterprises Inc is led by Elisabeth Biemann, Chief Executive Officer since 2021 (on filings since 2019); 10 of 32 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Elisabeth Biemann

    Chief Executive Officer

    CEO → Chief Executive Officer, 2021

    On filings since 2019

    40 hrs/week

    $179K (2019) → $260K (2025)

  • Keith Bisson

    President

    On filings since 2019

    40 hrs/week

    $181K (2019) → $242K (2025)

  • Miriam L. Shark

    Board Chair

    Director → Board Vice Chair, 2021

    Board Vice Chair → Board Chair, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

  • Thomas P. Burnhamthomas P. Burnham

    Director of Loan Quality A

    Director of Loan Quality & Compliance → Director of Loan Quality A, 2024

    On filings since 2023

    40 hrs/week

    $105K (2023) → $114K (2025)

  • Cynthia Murphy

    Senior Director & Special Projects

    New on the 2025 filing

    40 hrs/week

    $117K (2025)

  • Beth Mattingly

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Charles J. Rudelitch Esq.

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kevin Lewis

    Outgoing Director

    Director → Outgoing Director, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Susan Hammond

    Outgoing Director

    Board of Directors Vice Ch → Director, 2022

    Director → Outgoing Director, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Debby Miller

    Director

    Director → Outgoing Director, 2024

    Outgoing Director → Director, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Devin Cook

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jeannette Andre

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Adler Prioly

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Jason Parent

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Safiya Khalid

    Outgoing Director

    Director → Outgoing Director, 2025

    On filings since 2022

    1 hr/week

    No compensation reported

  • Sean Dundon

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • C. Shawn Yardley

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Dan Belyea

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Francis Lutz

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Joshua Davis

    Outgoing Director

    Director → Outgoing Director, 2025

    On filings since 2024

    1 hr/week

    No compensation reported

  • Angela Tennett

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Darrell Ingram

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Dhivya Singaram

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Matthew Lewis

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Rhiannon Hampson

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Jennifer Sporzynski

    Chief Program Officer

    Senior Vice President, Workforce & Business → Senior Vice President, Workforce & Business Development, 2024

    Senior Vice President, Workforce & Business Development → Chief Program Officer, 2025

    On filings since 2021

    40 hrs/week

    $102K (2021) → $153K (2025)

  • Daniel Wallace

    Chief Investment Officer

    On filings since 2022

    40 hrs/week

    $107K (2022) → $165K (2025)

  • Laura Buxbaum

    Senior Vice President, Policy & Resource Devt

    Senior Vice President, Public Policy & Resou → Senior Vice President, Policy & Resource Development, 2024

    Senior Vice President, Policy & Resource Development → Senior Vice President, Policy & Resource Devt, 2025

    On filings since 2022

    40 hrs/week

    $103K (2022) → $122K (2025)

  • Colleen Ippolito

    Chief People Officer & Secretary

    Senior Vice President, Human Resources & Office Administration → Senior Vice President, Hr, Office Administrator & Secretary, 2024

    Senior Vice President, Hr, Office Administrator & Secretary → Chief People Officer & Secretary, 2025

    On filings since 2023

    40 hrs/week

    $121K (2023) → $121K (2025)

  • Teresa Jankovic

    CFO

    Outsourced CFO → CFO & Treasurer, 2024

    CFO & Treasurer → CFO, 2025

    On filings since 2023

    40 hrs/week

    $107K (2023) → $237K (2025)

  • Benjamin Kramer

    Treasurer

    New on the 2025 filing

    40 hrs/week

    $118K (2025)

  • Catherine Van Dusen Godschalk

    Vice Chair

    Director → Vice Chair, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

Former officers (24)
  • Former: Angela T. Butler (2019–2024) — Director
  • Former: Chip Newell (2019–2024) — Outgoing Director
  • Former: Ian Yaffe (2019–2024) — Outgoing Director
  • Former: John Dorrer (2019–2024) — Outgoing Director
  • Former: Scott G. Kenney (2019–2024) — Outgoing Director
  • Former: Krystal Williams (2022–2024) — Outgoing Director
  • Former: Kelsie Bouchard (2024) — Director, Cei Notes & Portfolio Management
  • Former: Josh Davis (2019–2023) — Director
  • Former: Briana Warner (2021–2023) — Outgoing Director
  • Former: Christa Velasquez (2019–2022) — Director
  • Former: David Wedick (2019–2022) — Chief Financial Officer
  • Former: Elizabeth Rogers (2019–2022) — Senior Vice President & Communications
  • Former: Jesse Cole (2019–2022) — Director
  • Former: John Egan (2019–2022) — Director
  • Former: Regina Phillips (2019–2022) — Director
  • Former: Cordelia T. Pitman Ra Leed Ap (2021–2022) — Director
  • Former: Jennifer Harris (2022) — Senior Vice President & Food Systems Strategies
  • Former: Cordelia Pitman (2019–2020) — Director
  • Former: Justin Maxson (2019–2020) — Director
  • Former: Karin Gregory (2019–2020) — Outgoing Director
  • Former: Stewart Smith (2019–2020) — Director
  • Former: David Vail (2019) — Outgoing Director
  • Former: Glenn Cummings (2019) — Outgoing Director
  • Former: Jennifer Kanwit (2019) — Assistant Secretary

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Elisabeth Biemann — Chief Executive Officer: $260KElisabeth BiemannChief Executive Officer$260KKeith Bisson — President: $242KKeith BissonPresident$242KTeresa Jankovic — CFO: $237KTeresa JankovicCFO$237KDaniel Wallace — Chief Investment Officer: $165KDaniel WallaceChief Investment Officer$165KJennifer Sporzynski — Chief Program Officer: $153KJennifer SporzynskiChief Program Officer$153KLaura Buxbaum — SVP, Policy & Resource DEVT(OUTGOING): $122KLaura BuxbaumSVP, Policy & Resource…$122KColleen Ippolito — Chief People Officer/Secretary: $121KColleen IppolitoChief People Officer/Secretary$121KBenjamin Kramer — Treasurer: $118KBenjamin KramerTreasurer$118KCynthia Murphy — Senior Director, Special Projects: $117KCynthia MurphySenior Director, Special…$117KThomas P Burnham — Director of Loan Quality a: $114KThomas P BurnhamDirector of Loan Quality a$114K

The highest reported compensation on the 2025 filing was $260K, to Elisabeth Biemann (Chief Executive Officer). 10 officers or directors reported compensation on that filing.

Frequently asked questions about Coastal Enterprises Inc

How much does Coastal Enterprises Inc give each year?

Coastal Enterprises Inc gave $1.8M across 35 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $4.2M across 91 grants.

What is Coastal Enterprises Inc's typical grant size?

Coastal Enterprises Inc's median grant in 2025 was $30,000, and its average grant was $51,026, across 35 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Coastal Enterprises Inc that year got $27K on average.

Where does Coastal Enterprises Inc give grants?

Coastal Enterprises Inc gives mostly in Maine: 91% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Lewiston, ME (4 grants), Portland, ME (3 grants), Kingfield, ME (2 grants) and Readfield, ME (2 grants).

Does Coastal Enterprises Inc give general operating support?

Not in 2025: none of the 35 grants with a stated purpose on Coastal Enterprises Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Child Care Infrastructure Grant Program" (35 grants).

Who are Coastal Enterprises Inc's largest grantees?

Coastal Enterprises Inc's largest 2025 grantees include Community Concepts Inc ($212,500), Kennebec Valley Community Action Program ($212,500) and Beth Brunswick Memorial Fund for Children ($150,000), according to its 2025 IRS Form 990. Together they received 32% of its itemized 2025 grant dollars.

How large is Coastal Enterprises Inc?

Coastal Enterprises Inc reported $166.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $19.9M.

What does Coastal Enterprises Inc fund?

CEI’s mission is to build a just, vibrant, and climate-resilient future for people and communities in Maine and rural regions by integrating finance, business expertise, and policy solutions. See mission & focus areas ↑

How do I apply for a grant from Coastal Enterprises Inc?

Coastal Enterprises Inc has no public application process in the sources Grantable reviewed. Check ceimaine.org for current guidelines, or contact the foundation directly before submitting a request.

What is Coastal Enterprises Inc's EIN?

Coastal Enterprises Inc's EIN (Employer Identification Number) is 01-0347504. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS August 15, 2024)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS August 14, 2025)
  3. Added Form 990 for fiscal year 2025 (received by the IRS August 12, 2026)
  4. Added Form 990 for fiscal year 2019 (received by the IRS August 17, 2020)
  5. Updated Form 990 for fiscal year 2020 (received by the IRS August 12, 2021)
  6. Updated Form 990 for fiscal year 2021 (received by the IRS August 15, 2022)
  7. Updated Form 990 for fiscal year 2022 (received by the IRS August 15, 2023)

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Cite this profile

Grantable. (2026). Coastal Enterprises Inc funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/coastal-enterprises-inc-morg_00eba039e193494ebf8e69cdfe7985bd

BibTeX
@misc{grantable_010347504_2026,
  author       = {{Grantable}},
  title        = {{Coastal Enterprises Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/coastal-enterprises-inc-morg_00eba039e193494ebf8e69cdfe7985bd},
  note         = {Accessed 2026-10-22. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Coastal Enterprises Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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