Maine Center for Enterprise Development logo

Maine Center for Enterprise Development

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$319K

-11.4% YoY

Annual Giving

$30K

+0.0% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$15K

+0.0% YoY

About Maine Center for Enterprise Development

Based on IRS filings

Maine Center for Enterprise Development is a nonprofit organization, based in PORTLAND, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $319K in total assets. In 2024, it awarded 2 grants totaling $30K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BrunswickLewistonPortlandTurnerYarmouth

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$376K$752K$1M$2M20202021202220232024
Metric202420232022
Total Assets$319,240$360,484$318,760
Revenue$1,367,620$1,351,382$962,397
Expenses$1,358,358$1,323,615$1,020,453
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$15K$23K$30K1 grants20201 grants20211 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

NOR'EASTER OYSTER CO$25KDELTACOM COFFEE LLC$5K

Grant Size Distribution

7 grants across all recorded years

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

Open Grants

5 open opportunities from Maine Center for Enterprise Development

Show all 5 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

THOMAS RAINEYEXECUTIVE DIRECTOR$181K

From 2024 filing

NameTitleHoursCompensation
ANDREA K SUTERCHAIR1
SUSAN MACKAYVICE CHAIR1
SKIP BATESTREASURER1
SUSAN AHERNDIRECTOR1
JAKE DANIELEDIRECTOR1
STUART DAVIESDIRECTOR THRU JULY 20241
DOUG DEANGELISDIRECTOR1
CAL HANCOCKDIRECTOR1
DANIEL PILTCHDIRECTOR1
BURAK SEZENDIRECTOR1
CORY VARGODIRECTOR1
CHRIS VICKERSDIRECTOR1
KRYSTAL WILLIAMSDIRECTOR THRU MAR 20241
THOMAS RAINEYEXECUTIVE DIRECTOR40$181,262

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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