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.
Financial Overview
From 2024 IRS Form 990-PF
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
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PRO- Giving trend analysis — growing or declining?
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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 | — | — | — |
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
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Maine Center for Enterprise Development fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 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 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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