Maine Center for Enterprise Development
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.
Key facts about Maine Center for Enterprise Development
- EIN
- 01-0510641
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $30,000
- Grants made (2024)
- 2
- Average grant
- $15,000
- Median grant
- $15,000
- Total assets
- $319,240
- Primary geography
- Maine (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
How Maine Center for Enterprise Development gives
- Giving grew 20% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Maine Center for Enterprise Development
- How to evaluate Maine Center for Enterprise Development as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Maine Center for Enterprise Development with AI
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- Track this opportunity in a free grant tracker
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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.
Ready to take the next step with Maine Center for Enterprise Development?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 2 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Open Grants
4 open opportunities from Maine Center for Enterprise Development
Cultivator
Maine Center for Enterprise Development
Amount
Varies
Deadline
Rolling / Open
Fishing Plus Accelerator
Maine Center for Enterprise Development
Amount
Varies
Deadline
Rolling / Open
MarketShare
Maine Center for Enterprise Development
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Nor'easter Oyster CO ($25,000), Deltacom Coffee LLC ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NOR'EASTER OYSTER CO BRUNSWICK, ME | 2024 TOP GUN SHOWCASE PRIZE | $25,000 |
| DELTACOM COFFEE LLC TURNER, ME | 2024 TOP GUN MICHAEL SHEEHAN MEMORIAL AWARD | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Andrea K Suter | Chair | 1 | — |
| Susan Mackay | Vice Chair | 1 | — |
| Skip Bates | Treasurer | 1 | — |
| Susan Ahern | Director | 1 | — |
| Jake Daniele | Director | 1 | — |
| Stuart Davies | Director Thru July 2024 | 1 | — |
| Doug Deangelis | Director | 1 | — |
| Cal Hancock | Director | 1 | — |
| Daniel Piltch | Director | 1 | — |
| Burak Sezen | Director | 1 | — |
| Cory Vargo | Director | 1 | — |
| Chris Vickers | Director | 1 | — |
| Krystal Williams | Director Thru Mar 2024 | 1 | — |
| Thomas Rainey | Executive Director | 40 | $181,262 |
Frequently Asked Questions
How large is Maine Center for Enterprise Development?
As of 2024, Maine Center for Enterprise Development holds $319K in total assets with $1.4M in annual revenue. It awarded 2 grants totaling $30K in 2024.
Where does Maine Center for Enterprise Development operate?
Maine Center for Enterprise Development has awarded grants in Maine.
What size grants does Maine Center for Enterprise Development award?
In 2024, Maine Center for Enterprise Development awarded 2 grants totaling $30K — an average of about $15K per grant, based on its IRS Form 990 filings.
What is Maine Center for Enterprise Development's EIN?
Maine Center for Enterprise Development's EIN (Employer Identification Number) is 01-0510641. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Maine Center for Enterprise Development's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.