Maine Center for Enterprise Development DBA Maine Center for Entrepreneurs logo

Maine Center for Enterprise Development DBA Maine Center for Entrepreneurs

Public charity · Grantmaker Portland, ME EIN: 01-0510641 Website

To create high quality jobs for Maine through best practice incubations services that systematically assist new businesses with intellectual property and business plan needs, r&d activities, early stage financing and product commercialization.

Maine Center for Enterprise Development DBA Maine Center for Entrepreneurs at a glance

In short: Maine Center for Enterprise Development DBA Maine Center for Entrepreneurs gave $30K across 2 grants in 2024 (avg $15K), mostly in Maine. Source: 2024 IRS Form 990.

Annual giving (2024)
$30,000
+0.0% vs 2023
Grants made (2024)
2
+0.0% vs 2023
Average grant
$15,000
+0.0% vs 2023
Median grant
$15,000
Total assets
$319,240
-11.4% vs 2023
Primary geography
Maine (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

How to apply to Maine Center for Enterprise Development DBA Maine Center for Entrepreneurs

Who Maine Center for Enterprise Development DBA Maine Center for Entrepreneurs funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Deltacom Coffee LLC: $5KDeltacom Coffee LLC$5K

The largest 2024 recipient was Deltacom Coffee LLC ($5K).

Organizations only. It also paid 1 grant to individuals ($25,000), which are not listed by name.

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 7 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 2 itemized grants.

States

Cities

PortlandBrunswickLewistonOronoTurnerYarmouth

How Maine Center for Enterprise Development DBA Maine Center for Entrepreneurs gives

  • Giving grew 20% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K2 grants2019 1 grant2020 1 grant2021 1 grant2022 2 grants2023 2 grants2024

From 2019 to 2024, annual grant giving ranged from $25K (2020) to $50K (2019). In 2024 it made 2 grants totaling $30K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
1 grant to individuals Recipients not named —$25,000
Deltacom Coffee LLC Turner, ME2024 Top Gun Michael Sheehan Memorial Award$5,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrants
2024$319,240$1,367,620$1,358,358$30,0002
2023$360,484$1,351,382$1,323,615$30,0002
2022$318,760$962,397$1,020,453$25,0001
2021$380,716$1,053,182$952,952$25,0001
2020$293,278$871,455$817,716$25,0001
2019$230,863$714,994$728,763$50,0002

About Maine Center for Enterprise Development DBA Maine Center for Entrepreneurs

Based on IRS filings

Maine Center for Enterprise Development DBA Maine Center for Entrepreneurs is a public charity, based in Portland, ME. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $319K in total assets. In 2024, it awarded 2 grants totaling $30K.

Leadership & Key People

Officers and directors from IRS filings

Maine Center for Enterprise Development DBA Maine Center for Entrepreneurs is led by Thomas Rainey, Executive Director on filings since 2022; 1 of 14 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Thomas Rainey

    Executive Director

    On filings since 2022

    40 hrs/week

    $162K (2022) → $181K (2024)

  • Andrea K. Suter

    Chair

    Director → Chair, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Cory Vargo

    Director

    Treasurer → Director, 2023

    On filings since 2019

    1 hr/week

    No compensation reported

  • Burak Sezen

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Daniel Piltch

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Cal Hancock

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Stuart Davies

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Susan Ahern

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Chris Vickers

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Doug Deangelis

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Krystal Williams

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Jake Daniele

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Skip Bates

    Treasurer

    Director → Treasurer, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Susan Mackay

    Vice Chair

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (13)
  • Former: Tom Rainey (2019–2023) — Executive Director
  • Former: Becky McKinnell (2019–2022) — Secretary
  • Former: Brian Whitney (2019–2022) — Director
  • Former: Todd Keiller (2019–2022) — Director
  • Former: Charlie Emmons (2019–2020) — Director
  • Former: Chris Saur (2019–2020) — Director
  • Former: Fletcher Kittredge (2019–2020) — Director
  • Former: Sam Fratoni (2019–2020) — Chair
  • Former: Bob Martin (2019) — Secretary
  • Former: Briana Volk (2019) — Director
  • Former: Jake Ward (2019) — Director
  • Former: Mike Wing (2019) — Director
  • Former: Tony Perkins (2019) — Chair

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Thomas Rainey — Executive Director: $181KThomas RaineyExecutive Director$181K

The highest reported compensation on the 2024 filing was $181K, to Thomas Rainey (Executive Director).

Frequently asked questions about Maine Center for Enterprise Development DBA Maine Center for Entrepreneurs

How much does Maine Center for Enterprise Development DBA Maine Center for Entrepreneurs give each year?

Maine Center for Enterprise Development DBA Maine Center for Entrepreneurs gave $30K across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $30K across 2 grants.

How large is Maine Center for Enterprise Development DBA Maine Center for Entrepreneurs?

Maine Center for Enterprise Development DBA Maine Center for Entrepreneurs reported $319K in total assets on its 2024 IRS Form 990. Its revenue that year was $1.4M.

Where does Maine Center for Enterprise Development DBA Maine Center for Entrepreneurs operate?

Maine Center for Enterprise Development DBA Maine Center for Entrepreneurs has awarded grants in Maine.

What is Maine Center for Enterprise Development DBA Maine Center for Entrepreneurs's EIN?

Maine Center for Enterprise Development DBA Maine Center for Entrepreneurs's EIN (Employer Identification Number) is 01-0510641. IRS Form 990 filing data is available on this page for 2019–2024.

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

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS July 1, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS January 18, 2023)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS January 17, 2024)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS November 10, 2025)
  7. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Maine Center for Enterprise Development DBA Maine Center for Entrepreneurs'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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