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Maine economic development organizations

There are 85 economic development organizations in Maine. Combined, these Mainer economic development organizations employ 507 people, earn more than $77 million in revenue each year, and have assets of $251 million.
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Types of economic development organizations in Maine

Nonprofit typeNumberRevenues
Economic development organizations
 
85
 
$77,214,626
Urban development organizations
 
29
 
$30,286,595
Convention centers and visitor bureaus
 
1
 
$3,087,097
Showing 3 of 3 categories

Economic development organizations by major Maine cities

Metro areaNonprofitsRevenues
Portland, ME
 
25
 
$31,578,873
Bangor
 
12
 
$9,407,359
Lewiston, ME
 
5
 
$760,274
Showing 3 of 3 metros

Job trends for Maine economic development organizations

Employees per organizationNumber of organizations
0
 
26
1-10
 
13
11-25
 
5
26-100
 
3
101 to 1,000
 
2
1,000+
 
0
Key takeaways for employment stats:

Sizes of economic development organizations in Maine

Revenues per organizationNumber of organizations
< $250k
 
37
$250k to $1M
 
10
$1M to $5M
 
10
$5M to $25M
 
3
$25M to $100M
 
0
$100M+
 
0
Key takeaways for revenue stats:

Directory of economic development organizations in Maine

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1-20 of 85

Coastal Enterprises (CEI)

Coastal Enterprises Inc (CEI) is a mission-driven lender and investor helping to create economically and environmentally healthy communities.
Revenue
$22.6m
Assets
$125.9m
Employees
70
EIN
01-0347504
IRS type
501(c)(3)

Maine Tourism Association (MTA)

Maine Tourism Association has been around for nearly a century. Their membership consists of a blend of local leaders and organizations united in their vision to create economic opportunities for their membership and promote the unique quality of Maine.
Revenue
$3.1m
Assets
$2.9m
Employees
104
EIN
01-0165110
IRS type
501(c)(6)

Eastern Maine Development Corporation

EMDC provides economic development and workforce services programs in eastern Maine. They operate the Maine PTAC Program and are located in Bangor.
Revenue
$6.5m
Assets
$11.6m
Employees
100
EIN
01-0281875
IRS type
501(c)(3)

Convention and Visitors Bureau of Greater Portland

CVB promoting Portland by soliciting and servicing conventions, with 3 visitor centers and a free visitors guide available.
Revenue
$1.5m
Assets
$533.5k
Employees
26
EIN
01-0384674
IRS type
501(c)(6)

Central Maine Growth Council

Central Maine Growth Council was established to foster a robust regional economy in a collaborative manner in a multi-town community.
Revenue
$1.1m
Assets
$787.6k
Employees
0
EIN
01-0546258
IRS type
501(c)(6)

Ignite Presque Isle

Ignite PI promotes entrepreneurship and community revitalization through innovative approaches, including co-working spaces in Presque Isle.
Revenue
$4.3m
Assets
$7.4m
Employees
72
EIN
86-1274227
IRS type
501(c)(3)

Focusmaine

Focusmaine invests in agriculture, aquaculture, and biopharmaceuticals to accelerate job creation in Maine and strengthen the state's economy.
Revenue
$2.2m
Assets
$5.2m
Employees
2
EIN
30-0036992
IRS type
501(c)(3)

Northern Maine Development Commission (NMDC)

The Northern Maine Development Commission (NMDC) is a membership organization comprised of participating communities and counties in the Aroostook Washington Economic Development District.
Revenue
$12.6m
Assets
$27.3m
Employees
23
EIN
22-2635303
IRS type
501(c)(3)

Sunrise County Economic Council

Scec initiates job creation in Washington County through partnerships with businesses, organizations, and municipalities. Programs include education and technical assistance.
Revenue
$4.2m
Assets
$4.8m
Employees
24
EIN
01-0493897
IRS type
501(c)(3)

Southern Maine Planning and Development Commission

SMPDC coordinates economic development, provides technical assistance and conducts planning activities. Offers pandemic-related economic recovery grants to Maine businesses and organizations.
Revenue
$4.1m
Assets
$10.3m
Employees
15
EIN
01-0378246
IRS type
501(c)(3)

Maine Development Foundation

Maine Development Foundation fosters economic growth, develops leaders with Leadership Maine, and supports the forest industry through the Forest Economy Project.
Revenue
$2.8m
Assets
$1.9m
Employees
19
EIN
01-0355563
IRS type
501(c)(3)

Greater Franklin Development Council

GFDC attracts and assists businesses to create quality employment opportunities and promote sustainable economic development in Western Maine.
Revenue
$914.2k
Assets
$1.4m
Employees
2
EIN
01-0524770
IRS type
501(c)(3)

Somerset Economic Development Corporation

Somerset Economic Development Corporation helps county businesses and local governments access economic assistance, grants, and loans to promote job growth and retention. The organization promotes economic development to around 400 clients.
Revenue
$1.2m
Assets
$3.1m
Employees
2
EIN
01-0535534
IRS type
501(c)(3)

Our Katahdin

Our Katahdin supports community and economic development in the Katahdin region of Maine, including downtown revitalization and a Veterans Memorial.
Revenue
$1.8m
Assets
$1.4m
Employees
2
EIN
47-2382072
IRS type
501(c)(3)

Kennebec Valley Council of Governments (KVCOG)

KVCOG advocates for local and regional planning and economic growth, provides economic and community development services and education/training in planning.
Revenue
$899.4k
Assets
$4.1m
Employees
13
EIN
01-0488478
IRS type
501(c)(3)

Calais Downtown Revitalization Coalition

Calais Downtown Revitalization Coalition is an economic development organization in Calais, ME that was founded in 2013.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
45-5271459
IRS type
501(c)(3)

Piscataquis County Economic Development Council

Piscataquis County Economic Development Council promotes economic development and generates jobs in Piscataquis County, Maine through programs that assist businesses to stay competitive and expand.
Revenue
$222.0k
Assets
$712.5k
Employees
3
EIN
01-0521521
IRS type
501(c)(3)

Katahdin Economic Development Committee LLC

Katahdin Economic Development Committee LLC is an urban development organization in Millinocket, ME that was founded in 2016.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
47-4733556
IRS type
501(c)(4)

Lewiston Development Corporation

Lewiston Development Corp promotes jobs in Lewiston, ME via industrial and commercial development and expansion. Located in Auburn, ME.
Revenue
$364.9k
Assets
$21.8k
Employees
0
EIN
01-6018803
IRS type
501(c)(6)

Bangor Target Area Development Corporation

Bangor Target Area Development Corporation is an economic development organization in Bangor, ME whose mission is: Promoting industry in Bangor.
Revenue
$290.6k
Assets
$1.6m
Employees
1
EIN
23-7307277
IRS type
501(c)(4)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "S30: Economic Development" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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