NonprofitsIgnite Presque Isle

Community Improvement & Capacity Building

Ignite Presque Isle

PRESQUE ISLE, ME

Total revenue

$3.9M

Total expenses

$3.6M

Net assets

$8.0M

Grants received

$4.5M

6 grants

EIN

861274227

Tax year

2024

Mission

Our mission is to inspire community revitalization and innovation by promoting entrepreneurship in presque isle. We've created a non-traditional approach to serving the community in an innovative and creative way. We're bringing together a service based nonprofit and restoring the iconic northeastland hotel to help the revitalization of the downtown.

Programs

1 program

Hotel and restaurant operations support innovation center.

Expenses: $2.9M

Financials

FY 2024

Revenue

Contributions & grants$751K
Program service revenue$3.1M
Investment income$47K
Other revenue
Total revenue$3.9M

Expenses

Grants paid
Salaries & benefits$1.7M
Fundraising
Other expenses$1.9M
Total expenses$3.6M
Total assets$9.1M
Net assets$8.0M

People

9 listed

NameRoleCompensation

LERAE KINNEY

CEO

Board

$133K

40 hrs/wk

KALLIE BARD

SECRETARY

Board

1 hrs/wk

CATHY BEAULIEU

BOARD CHAIR

Board

1 hrs/wk

CHRIS CONDON

DIRECTOR

Board

1 hrs/wk

ANGIE HELTON

DIRECTOR

Board

1 hrs/wk

JULIE LIBBY

VICE CHAIR

Board

1 hrs/wk

JAMES NELSON

TREASURER

Board

1 hrs/wk

BRUCE SARGENT

DIRECTOR

Board

1 hrs/wk

PATRICIA SUTHERLAND

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$50K
ED/WF DEVELOPMENT
2024
$10K
Children's Museums
2024
$16K
PUBLIC, SOCIETAL BENEFIT
2023
$2.9M
Contribution supporting charitable organization's exempt purpose.
2022
$1.5M
Contribution supporting charitable organization's exempt purpose.
2022
$72K
PUBLIC, SOCIETAL BENEFIT
2021

Funded by

$4.5M from 4 funders · 6 grants · 2021–2024

Donor Advised Charitable Giving Inc

$88K · 2 grants · 2021–2023

Business Education Partnership

$50K · 1 grant · 2024

Maine Community Foundation Inc

$10K · 1 grant · 2024

Details

EIN861274227
NTEE codeS32
Subsection03
Ruling date2021-06
Formed2020
Employees93
IGNITE PRESQUE ISLE — Mission, Financials & Grants Received | Grantivo