Nonprofits›Coastal Enterprises Inc

Housing & Shelter

Coastal Enterprises Inc

BRUNSWICK, ME

WebsiteView as a funder

Total revenue

$39.9M

Total expenses

$23.7M

Net assets

$59.7M

Grants received

$22.6M

83 grants

EIN

010347504

Tax year

2023

Mission

Grow a vibrant future for people and communities in maine and rural regions through community development finance.

Financials

FY 2023

Revenue

Contributions & grants$31.4M
Program service revenue$3.9M
Investment income$3.4M
Other revenue$1.3M
Total revenue$39.9M

Expenses

Grants paid$5.9M
Salaries & benefits$8.4M
Fundraising$417K
Other expenses$9.4M
Total expenses$23.7M
Total assets$151.6M
Net assets$59.7M

People

32 listed

NameRoleCompensation

ELISABETH BIEMANN

CHIEF EXECUTIVE OFFICER

Board

$258K

40 hrs/wk

KEITH BISSON

PRESIDENT

Board

$220K

40 hrs/wk

TERESA JANKOVIC

CFO/TREASURER

Board

$185K

40 hrs/wk

COLLEEN IPPOLITO

SVP, HR AND OFFICE ADMIN/SECRETARY

Board

$114K

40 hrs/wk

DEVIN COOK

DIRECTOR

Board

—

1 hrs/wk

FRANCIS LUTZ

DIRECTOR

Board

—

1 hrs/wk

IAN YAFFE

OUTGOING DIRECTOR

Board

—

1 hrs/wk

JASON PARENT

DIRECTOR

Board

—

1 hrs/wk

JEANNETTE ANDRE

DIRECTOR

Board

—

1 hrs/wk

JOHN DORRER

OUTGOING DIRECTOR

Board

—

1 hrs/wk

JOSHUA DAVIS

DIRECTOR

Board

—

1 hrs/wk

ADLER PRIOLY

DIRECTOR

Board

—

1 hrs/wk

KRYSTAL WILLIAMS

OUTGOING DIRECTOR

Board

—

1 hrs/wk

MIRIAM L SHARK

BOARD CHAIR

Board

—

1 hrs/wk

SAFIYA KHALID

DIRECTOR

Board

—

1 hrs/wk

SCOTT G KENNEY

OUTGOING DIRECTOR

Board

—

1 hrs/wk

SEAN DUNDON

DIRECTOR

Board

—

1 hrs/wk

SUSAN HAMMOND

DIRECTOR

Board

—

1 hrs/wk

KEVIN LEWIS

DIRECTOR

Board

—

1 hrs/wk

ANGELA T BUTLER

DIRECTOR

Board

—

1 hrs/wk

BETH MATTINGLY

DIRECTOR

Board

—

1 hrs/wk

C SHAWN YARDLEY

DIRECTOR

Board

—

1 hrs/wk

CATHERINE VAN DUSEN GODSCHALK

VICE CHAIR

Board

—

1 hrs/wk

CHARLES J RUDELITCH ESQ

DIRECTOR

Board

—

1 hrs/wk

CHIP NEWELL

OUTGOING DIRECTOR

Board

—

1 hrs/wk

DAN BELYEA

DIRECTOR

Board

—

1 hrs/wk

DEBBY MILLER

OUTGOING DIRECTOR

Board

—

1 hrs/wk

DANIEL WALLACE

CHIEF INVESTMENT OFFICER

Staff

$154K

40 hrs/wk

JENNIFER SPORZYNSKI

SVP, WORKFORCE & BUSINESS DEVELOPMENT

Staff

$127K

40 hrs/wk

LAURA BUXBAUM

SVP, POLICY & RESOURCE DEVELOPMENT

Staff

$112K

40 hrs/wk

KELSIE BOUCHARD

DIRECTOR, CEI NOTES AND PORTFOLIO MANAGEMENT

Staff

$107K

40 hrs/wk

THOMAS P BURNHAM

DIRECTOR OF LOAN QUALITY A

Staff

$107K

40 hrs/wk

Independent contractors

COHNREZNICK LLP

CONSULTING/AUDIT & TAX PREP

$204K

HADJE A ESMILLER

CONSULTING/INTERIM DIRECTOR OF ACCOUNTIN

$119K

Grants received

Showing 83 of 83

FromAmountPurposeYear
FOUNDATION FOR A STRONG MAINE ECONOMY
$351K
AWARD TO COASTAL ENTERPRISES, INC TO INVEST IN BUSINESS GROWTH AND EXPANSION OF MAINE FOOD COMPANIES
2024
Builders Vision Foundation
$335K
to support training and technical assistance projects for Maine's marine resources sector
2024
THE ASPEN INSTITUTE INC
$172K
SHARED SUCCESS JOB QUALITY DEMONSTRATION
2024
John T Gorman Foundation
$150K
Child Care Business Lab; child care worker program
2024
Elmina B Sewall Foundation
$65K
General Operating Support
2024
LOCAL INITIATIVES SUPPORT CORPORATION
$48K
SEE PART IV
2024
Maine Community Foundation Inc
$8K
Rural Economic Development
2024
CLANEIL FOUNDATION INC
$8K
GENERAL OPERATING
2024
NEIGHBORHOOD REINVESTMENT CORPORATION
$509K
GENERAL SUPPORT
2023
OPPORTUNITY FINANCE NETWORK
$500K
FINANCE JUSTICE FUND SUBGRANT
2023
FOUNDATION FOR A STRONG MAINE ECONOMY
$382K
AWARD TO COASTAL ENTERPRISES, INC TO INVEST IN BUSINESS GROWTH AND EXPANSION OF MAINE FOOD COMPANIES
2023
Builders Vision Foundation
$297K
To support Aquaculture training, business counselling, technical assistance, financing, and international technology transfer to grow, sustain, and diversify Maine's marine resource sector.
2023
The Bank of America Charitable Foundation Inc
$200K
PROGRAM/OPERATING SUPPORT
2023
THE ASPEN INSTITUTE INC
$165K
SUPPORT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS
2023
United Way Inc
$100K
Community Investment
2023
BILL AND JOAN ALFOND
$75K
CHILD CARE BUSINESS LAB EXPANSION IN THE RIM COUNTIES
2023
Maine Technology Institute
$66K
CEI Women's Business Center Propeller III and Automate IT
2023
Elmina B Sewall Foundation
$30K
General Operating Support
2023
Maine Community Foundation Inc
$12K
Rural Economic Development
2023
THE CASCO FOUNDATION
$6K
INROADS TO WHOLESALING & I.D.E.A. SPONSORSHIP
2023
Builders Vision Foundation
$696K
to support Growing Maine's Sustainable Shellfish and Seaweed Aquaculture Industry
2022
NEIGHBORHOOD REINVESTMENT CORPORATION
$617K
GENERAL SUPPORT
2022
Lumina Foundation for Education Inc
$600K
To support the expansion of the Child Care Business Lab and development of a business model for peers nationwide
2022
The Bank of America Charitable Foundation Inc
$200K
PROGRAM/OPERATING SUPPORT
2022
John T Gorman Foundation
$150K
To support the Lewiston-based Child Care Business Lab
2022
William Randolph Hearst Foundation
$100K
To support operations
2022
THE ASPEN INSTITUTE INC
$100K
SUPPORT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS
2022
OPPORTUNITY FINANCE NETWORK
$100K
2022 RENEWABLE ENERGY EFFICIENT GRANT
2022
BILL AND JOAN ALFOND
$75K
CHILD CARE BUSINESS LAB EXPANSION IN THE RIM COUNTIES
2022
Maine Community Foundation Inc
$60K
Rural Economic Development, Childcare Expansion
2022
Elmina B Sewall Foundation
$40K
General Operating Support
2022
SAM L COHEN FOUNDATION
$25K
STARTSMART
2022
WORLD WILDLIFE FUND INC
$20K
CONSERVATION
2022
TD CHARITABLE FOUNDATION
$20K
CEI HOMEBUYER EDUCATION EXPANSION
2022
THE ARTHUR M BLANK FAMILY FOUNDATION
$15K
GENERAL OPERATING SUPPORT
2022
THE CASCO FOUNDATION
$6K
INROADS TO WHOLESALING & I.D.E.A. SPONSORSHIP
2022
NEIGHBORHOOD REINVESTMENT CORPORATION
$601K
GENERAL SUPPORT
2021
FOUNDATION FOR A STRONG MAINE ECONOMY
$278K
AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN MAINE AGRICULTURE PROGRAMS
2021
WK Kellogg Foundation
$150K
formalize and scale the Good Jobs Strategy to promote high quality jobs and stable, successful companies
2021
THE FB HERON FOUNDATION
$150K
General Support
2021
OPPORTUNITY FINANCE NETWORK
$100K
CF RELENDING
2021
The Hastings Foundation Inc
$50K
General
2021
THE FB HERON FOUNDATION
$50K
Enterprise Capital
2021
SAINT PAUL & MINNESOTA FOUNDATION
$35K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2021
Northern Maine Development Commission
$20K
SBDC 20-21
2021
TD CHARITABLE FOUNDATION
$20K
CEI FINANCIAL DEVELOPMENT SERVICES
2021
The Bank of America Charitable Foundation Inc
$10K
OPERATIONAL SUPPORT
2021
THE CASCO FOUNDATION
$5K
Early programming for female entrepreneurs; $3,600 self-worth programming, $1,400 boundaries program.
2021
NATIONAL PHILANTHROPIC TRUST
$10M
PUBLIC, SOCIETAL BENEFIT
2020
NEIGHBORHOOD REINVESTMENT CORPORATION
$654K
GENERAL SUPPORT
2020
Builders Vision Foundation
$304K
To support Growing Maine's Sustainable Shellfish and Seaweed Aquaculture Industry
2020
FOUNDATION FOR A STRONG MAINE ECONOMY
$269K
AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN MAINE AGRICULTURE PROGRAMS
2020
THE FB HERON FOUNDATION
$210K
Enterprise Capital
2020
John T Gorman Foundation
$150K
To plan and implement the first year of a Child Care Business Lab in Lewiston's Tree Streets Neighborhood.
2020
THE FB HERON FOUNDATION
$150K
General Operating
2020
MARY REYNOLDS BABCOCK FOUNDATION
$136K
UPLIFT AMERICA FUND
2020
THE GOLDMAN SACHS FOUNDATION
$100K
GRANT TO SUPPORT COVID-19 RELIEF EFFORTS FOR SMALL BUSINESSES IN ME
2020
OPPORTUNITY FINANCE NETWORK
$100K
ENERGY EFFICIENCY GRANT
2020
The Bank of America Charitable Foundation Inc
$100K
GENERAL SUPPORT
2020
EWING MARION KAUFFMAN FOUNDATION
$89K
Support for the development of content and activities designed to educate policymakers about the barriers to entrepreneurship in Maine. 202001-7773
2020
Elmina B Sewall Foundation
$75K
General operating support
2020
Northern Maine Development Commission
$67K
SBDC 20-21
2020
Maine Technology Institute
$52K
Strategic Partner Pilot Program
2020
Maine Community Foundation Inc
$40K
Rural Economic Development
2020
SAINT PAUL & MINNESOTA FOUNDATION
$35K
MULTIPLE PURPOSES
2020
SAM L COHEN FOUNDATION
$20K
STARTSMART
2020
TD CHARITABLE FOUNDATION
$10K
FINANCIAL CAPABILITY IN RESIDENT-OWNED COMMUNITIES
2020
Machias Savings Bank Community
$10K
Program Support Grant
2020
THE CASCO FOUNDATION
$4K
Propeller I & II underwriting and/or scholarship fund
2020
Lumina Foundation for Education Inc
$1K
To provide general operating support.
2020
AMICA COMPANIES FOUNDATION
$875
GENERAL PURPOSE
2020
NEIGHBORHOOD REINVESTMENT CORPORATION
$620K
—
2019
TD CHARITABLE FOUNDATION
$100K
CEI BUSINESS TECHNICAL ASSISTANCE PROGRAM
2019
Maine Technology Institute
$25K
Maine Seafood Marketing Initiative - Pilot Program
2019
TD CHARITABLE FOUNDATION
$10K
FINANCIAL CAPABILITY IN RESIDENT-OWNED COMMUNITIES
2019
THIRD SECTOR NEW ENGLAND INC
$6K
JMF NORTH EAST FOOD SYSTEMS RESILIENCE FUND
2019
NEIGHBORHOOD REINVESTMENT CORPORATION
$552K
UNRESTRICTED
2018
FOUNDATION FOR FOOD AND AGRICULTURE
$300K
RESEARCH
2018
Maine Technology Institute
$39K
Maine Scallop Aquaculture Development Initiative
2018
Northern Maine Development Commission
$35K
SBDC 18-19
2018
SAINT PAUL & MINNESOTA FOUNDATION
$20K
MULTIPLE GRANTS FOR MULTIPLE PURPOSES
2018
The Bank of America Charitable Foundation Inc
$10K
PROGRAM/OPERATING SUPPORT
2018
NEIGHBORHOOD REINVESTMENT CORPORATION
$562K
EXPENDABLE GRANTS
2017

Funded by

$22.6M from 34 funders · 83 grants · 2017–2024

National Philanthropic Trust

$10M · 1 grant · 2020

Neighborhood Reinvestment Corporation

$4.1M · 7 grants · 2017–2023

Builders Vision Foundation

$1.6M · 4 grants · 2020–2024

Foundation For A Strong Maine Economy

$1.3M · 4 grants · 2020–2024

Opportunity Finance Network

$800K · 4 grants · 2020–2023

Lumina Foundation for Education Inc

$601K · 2 grants · 2020–2022

The Fb Heron Foundation

$560K · 4 grants · 2020–2021

The Bank of America Charitable Foundation Inc

$520K · 5 grants · 2018–2023

Details

EIN010347504
NTEE codeL21
Subsection03
Ruling date1978-10
Formed1977
Employees78
Volunteers17
COASTAL ENTERPRISES INC — Mission, Financials & Grants Received | Grantivo