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  4. Coastal Enterprises (CEI)
EIN 01-0347504

Coastal Enterprises (CEI)

IRS 501(c) type
501(c)(3)
Num. employees
69
City
Brunswick
State
Maine
Year formed
1977
Most recent tax filings
2022-09-01
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
$13,614,519
2022
Total expenses
$12,902,636
2022
Total assets
$113,144,533
2022
Num. employees
69
2022

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.

Who funds Coastal Enterprises (CEI)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Builders Initiative FoundationTo Support Growing Maine's Sustainable Shellfish and Seaweed Aquaculture Industry$696,118
NeighborWorks AmericaGeneral Support$601,303
Lumina FoundationTo Support the Expansion of the Child Care Business Lab and Development of A Business Model for Peers Nationwide$600,000
...and 16 more grants received

Personnel at CEI

NameTitleCompensation
Betsy BiemannChief Executive Officer$0
Sam SpencerChief Executive Officer and Managing Director
Traci VaineChief Executive Officer
Jesse McKinnellChief Operating Officer
Teresa JankovicChief Financial Officer
...and 32 more key personnel

Financials for CEI

RevenuesFYE 09/2022
Total grants, contributions, etc.$8,306,945
Program services$2,888,229
Investment income and dividends$88,880
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,538,906
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$791,559
Total revenues$13,614,519

Form 990s for CEI

Fiscal year endingDate received by IRSFormPDF link
2022-092023-08-15990View PDF
2021-092022-08-15990View PDF
2020-092021-08-12990View PDF
2019-092020-10-08990View PDF
2018-092019-10-18990View PDF
...and 9 more Form 990s
Data update history
January 2, 2024
Received grants
Identified 5 new grant, including a grant for $696,118 from Builders Initiative Foundation
December 26, 2023
Received grants
Identified 7 new grant, including a grant for $600,000 from Lumina Foundation
November 7, 2023
Updated personnel
Identified 23 new personnel
October 4, 2023
Updated personnel
Identified 2 new personnel
October 3, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Business and community development organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesCommunity improvementHousingEconomic developmentBusiness and industry
Characteristics
Political advocacyLobbyingReceives government fundingTax deductible 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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