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  4. Coastal Enterprises (CEI)
EIN 01-0347504

Coastal Enterprises (CEI)

IRS 501(c) type
501(c)(3)
Num. employees
70
City
Brunswick
State
Maine
Year formed
1977
Most recent tax filings
2023-09-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Coastal Enterprises Inc (CEI) is a mission-driven lender and investor helping to create economically and environmentally healthy communities.
Total revenues
$22,641,314
2023
Total expenses
$18,685,864
2023
Total assets
$125,867,837
2023
Num. employees
70
2023

Program areas at CEI

To help create opportunities for communities and individuals, especially those with low incomes, by developing and administering programs and mobilizing funds to stimulate economic activity through investment, technical assistance, research and education primarily in small businesses, social services, affordable housing and community facilities.

Grants made by CEI

GranteeGrant descriptionAmount
Summit Community ChurchChild Care Infrastructure Grant Program$250,000
Boys&girls Clubs of Kennebec ValleyChild Care Infrastructure Grant Program$250,000
Seedlings To SunflowersChild Care Infrastructure Grant Program$187,500
...and 6 more grants made

Who funds Coastal Enterprises (CEI)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
NeighborWorks AmericaGeneral Support$617,267
Opportunity Finance Network (OFN)Finance Justice Fund Subgrant$500,000
FocusmaineAward To Coastal Enterprises, Inc To Invest in Business Growth and Expansion of Maine Food Companies$381,934
...and 10 more grants received

Financials for CEI

RevenuesFYE 09/2023
Total grants, contributions, etc.$13,666,377
Program services$3,931,407
Investment income and dividends$550,713
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$3,323,805
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,169,012
Total revenues$22,641,314

Organizations like CEI

OrganizationLocationRevenue
Low Income Investment Fund (LIIF)San Francisco, CA$107,952,700
Community Reinvestment Fund (CRF)Minneapolis, MN$35,726,052
Mountain AssociationBerea, KY$8,094,633
Ohio Community Development Finance FundColumbus, OH$16,922,285
Washington Area Community Investment FundWashington, DC$7,616,507
Florida Community Loan Fund (FCLF)Orlando, FL$15,185,807
Grow AmericaNew York, NY$33,620,104
Midwest Minnesota Community Development CorporationDetroit Lakes, MN$6,717,967
Bluehub Loan FundBoston, MA$37,956,959
Cinnaire Lending CorporationLansing, MI$17,020,561
Data update history
July 3, 2025
Received grants
Identified 5 new grant, including a grant for $381,934 from Focusmaine
March 21, 2025
Updated personnel
Identified 3 new personnel
January 4, 2025
Received grants
Identified 4 new grant, including a grant for $500,000 from Opportunity Finance Network (OFN)
September 26, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 22, 2024
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesCommunity improvementHousingEconomic developmentBusiness and industry
Characteristics
Political advocacyLobbyingReceives government fundingTax deductible donationsAccepts online donations
General information
Address
30 Federal St
Brunswick, ME 04011
Metro area
Portland-South Portland, ME
County
Cumberland County, ME
Website URL
ceimaine.org 
Phone
(207) 504-5900
Facebook page
CEIMaine 
Twitter profile
@ceimaine 
IRS details
EIN
01-0347504
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1977
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Central organization
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