Program areas at Maine Development Foundation
Maine Downtown Center works to help downtowns with their revitalization efforts and fosters downtown development that is dynamic and community-based, and results in economic development, business growth, job creation, housing revitalization, historic preservation, and cultural enhancement.
The Forest Economy Project was launched in summer 2016 to support industry, community, and research leaders to develop and implement recommendations to strengthen and diversify Maine's forest industry and rural economies, supported initially by a 3-year federal Economic Development Administration grant to assist with supporting, coordinating, and reporting on Maine's forest economy recovery and revitalization effort.
Leadership Maine is a powerful, nine-month, outward journey that takes a leader beyond their day-to-day experience and expands their capacity to shape our state's future. The Leadership Maine curriculum is designed for leaders from all sectors. Each Leadership Maine class is given real-life challenges to address. Participants work in teams to address the assigned issue, connect with key stakeholders, organizations and groups, and develop a solution-oriented path with the goal of improving the economy.
Grants made by Maine Development Foundation
Who funds Maine Development Foundation
Grants from foundations and other nonprofits
Personnel at Maine Development Foundation
Name | Title | Compensation | Date of data |
---|
Yellow Breen | President and Chief Executive Officer | $171,862 | 2023-09-18 |
Laurie Bowie | Director of Finance and Administration | | 2021-06-07 |
Kathy Shannon Nichols | Director of Engagement and Communications | | 2021-06-07 |
Erica Watson | Program Director, Workforce and Education | | 2021-06-07 |
Robert O'Brien | Program Director, Forest Economy Communities | | 2021-06-07 |
...and 15 more key personnel |
Financials for Maine Development Foundation
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $1,669,512 | $1,944,270 | -14.1% |
Program services | $1,129,120 | $736,490 | 53.3% |
Investment income and dividends | $4,653 | $684 | 580.3% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $2,803,285 | $2,681,444 | 4.5% |
Organizations like Maine Development Foundation
Organization | Type | Location | Revenue |
---|
Business Leaders for Michigan Foundation | 501(c)(3) | Detroit, MI | $718,239 |
The Providence Foundation | 501(c)(3) | Providence, RI | $1,003,262 |
NADO Research Foundation | 501(c)(3) | Washington, DC | $1,250,992 |
Newcorp | 501(c)(3) | New Orleans, LA | $1,647,488 |
Fresno Area Hispanic Foundation | 501(c)(3) | Fresno, CA | $3,201,174 |
The San Francisco Chamber of Commerce Foundation | 501(c)(3) | San Francisco, CA | $2,142,740 |
Greater Fort Lauderdale Alliance Foundation | 501(c)(3) | Fort Lauderdale, FL | $1,011,005 |
Tri-County Council Foundation | 501(c)(3) | Salisbury, MD | $4,415,773 |
Lightship Foundation | 501(c)(3) | Cincinnati, OH | $1,083,095 |
Spark Capital | 501(c)(3) | Omaha, NE | $1,421,945 |
Data update history
October 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 26, 2023
Updated personnel
Identified 4 new personnel
August 1, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donations
General information
- Address
- 2 Beech St Suite 203
- Hallowell, ME 04347
- County
- Kennebec County, ME
- Website URL
- mdf.org/Â
- Phone
- (207) 622-6345
IRS details
- EIN
- 01-0355563
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1978
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S30: Economic Development
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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