Maine International Trade Center
To promote the expansion of Maine's economy through increased international trade in goods and services, and related activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
-10.8% YoY
Annual Giving
$542K
+95.4% YoY
Grant Count
38
+46.2% YoY
Avg Grant Size
$14K
+33.7% YoY
About Maine International Trade Center
Based on IRS filings
Maine International Trade Center is a nonprofit organization focused on International, Foreign Affairs & National Security, based in PORTLAND, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 38 grants totaling $542K. Net investment income was $251.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,842,642 | $2,065,967 | $1,240,638 |
| Revenue | $1,934,216 | $1,769,767 | $1,481,005 |
| Expenses | $2,069,006 | $1,897,833 | $1,480,431 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $251 | $224 | $327 |
| 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 10 recipients in 2024
Grant Size Distribution
92 grants across all recorded years
Open Grants
2 open opportunities from Maine International Trade Center
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Xodus Group Inc ($103,453), Compotech Inc ($28,351), Deepwater Buoyancy ($26,220).
| Recipient | Purpose | Amount |
|---|---|---|
| America Unagi Inc Thomaston, ME | Trade show & International conferences | $8,000 |
| Bijou Corp Camden, ME | Trade show & International conferences | $9,322 |
| Bixby & Co LLC Rockport, ME | Trade show & International conferences; market research & diversification assistance | $5,006 |
| Blue Barn LLC dba Bluet Scarborough, ME | Trade show & International conferences; market research & diversification assistance; e-commerce & digital marketing | $16,227 |
| Blushift Aerospace Inc Brunswick, ME | Training & industry events | $5,835 |
| Bristol Seafood LLC Portland, ME | Trade show & International conferences | $8,213 |
| Cape Seafood LLC Saco, ME | Trade show & International conferences | $7,115 |
| Caron Engineering Wells, ME | Trade show & International conferences; e-commerce & digital marketing | $13,673 |
| Comfort Waters LLC dba Three Of Strong Spirits Portland, ME | Market research & diversification assistance | $15,000 |
| Compotech Inc Brewer, ME | Trade show & International conferences | $28,351 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kevin Therrien | Chair | 1 | — |
| Jason Lundy | Vice Chair & Treasurer | 1 | — |
| Barbara Raths | Secretary | 1 | — |
| Sheila Adams | Director | 1 | — |
| James Beaupre | Director | 1 | — |
| James Cabot | Director | 1 | — |
| Alyne Kemunto Cistone | Director | 1 | — |
| David Colter | Director | 1 | — |
| Katie Jennette | Director | 1 | — |
| Adrian Kendall | Director | 1 | — |
| Doug Sisko | Director | 1 | — |
| Jonathan Wilcox | Director | 1 | — |
| Orlina Boteva | Past Director | 1 | — |
| Wade Merritt | President | 40 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Maine International Trade Center?
Maine International Trade Center is a nonprofit organization focused on International, Foreign Affairs & National Security, based in PORTLAND, ME. It holds $1.8M in total assets as of 2024.
How large is Maine International Trade Center?
As of 2024, Maine International Trade Center holds $1.8M in total assets with $1.9M in annual revenue. It awarded 38 grants totaling $542K in 2024.
Where does Maine International Trade Center operate?
Maine International Trade Center has awarded grants in Illinois, Maine, Texas.
What size grants does Maine International Trade Center award?
In 2024, Maine International Trade Center awarded 38 grants totaling $542K — an average of about $14K per grant, based on its IRS Form 990 filings.
What is Maine International Trade Center's EIN?
Maine International Trade Center's EIN (Employer Identification Number) is 01-0509118. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Maine International Trade Center's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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