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  5. Portland, ME economic development organizations

Portland, ME economic development organizations

There are 27economic development organizations in the greater PortlandMaine metro area, including the cities of Portland and South Portland. Combined, these Portland metro economic development organizationsemploy 132 people, earn more than $25 million in revenue each year, and have assets of $138 million.
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Types of economic development organizations in Portland

Nonprofit typeNumberRevenues
Economic development organizations
27
$25,465,344
Urban development organizations
9
$15,075,575
Convention centers and visitor bureaus
2
$1,039,382
Showing 3 of 3categories

Job trends for Portland, ME economic development organizations

Employees per organizationNumber of organizations
0
2
1-10
8
11-25
2
26-100
1
101 to 1,000
0
1,000+
0
Key takeaways for employment stats:

Sizes of economic development organizations in Portland

Revenues per organizationNumber of organizations
< $250k
9
$250k to $1M
7
$1M to $5M
0
$5M to $25M
2
$25M to $100M
0
$100M+
0
Key takeaways for revenue stats:

Directory of economic development organizations in Portland

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1-20 of 27

Coastal Enterprises (CEI)

Coastal Enterprises Inc (CEI) is a mission-driven lender and investor helping to create economically and environmentally healthy communities.
Revenue
$13.6m
Assets
$113.1m
Employees
69
EIN
01-0347504
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
$7.6m
Assets
$8.7m
Employees
12
EIN
01-0378246
IRS type
501(c)(3)

Heart of Biddeford

Heart of Biddeford improves downtown quality of life, fosters economic development, promotes events and beautifies through partnerships.
Revenue
$367.5k
Assets
$164.3k
Employees
2
EIN
34-2003673
IRS type
501(c)(3)

Visit Freeport

Through the annual support of our members, we market Freeport as a travel destination and promote member businesses to the people who come to Freeport and visit us online at our digital destinations.
Revenue
$298.3k
Assets
$244.8k
Employees
5
EIN
01-0428597
IRS type
501(c)(6)

Friends of River Valley

Friends of River Valley is an economic development organization in Portland, ME that was founded in 2023.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
86-2100547
IRS type
501(c)(3)

Gardiner Main Street

Gardiner Main Street promotes business and arts by establishing events and promotions to showcase the area as a thriving destination.
Revenue
$156.4k
Assets
$207.3k
Employees
4
EIN
04-3669676
IRS type
501(c)(3)

Center for Regional Prosperity

Improving Southern Maine quality of life with economic expansion, natural resources preservation and education efforts. Hosted Maine Broadband Coalition for equitable internet access.
Revenue
$86.5k
Assets
$96.6k
Employees
N/A
EIN
83-0879130
IRS type
501(c)(3)

Bowndoinham Community Development Initiative-Bodi

Bowndoinham Community Development Initiative-Bodi is an economic development organization in Bowdoinham, ME that was founded in 2013.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
45-4224119
IRS type
501(c)(3)

Scarborough Economic Dev Corporation

Scarborough, ME's economic development corporation helps businesses thrive to expand the town's tax and employment base.
Revenue
$281.2k
Assets
$61.7k
Employees
2
EIN
01-0409428
IRS type
501(c)(3)

Fork Food Lab

Fork Food Lab is a nonprofit incubator and shared kitchen supporting sustainable Maine-based food businesses founded by women and BIPOC.
Revenue
$507.3k
Assets
$1.6m
Employees
9
EIN
45-4116596
IRS type
501(c)(3)

Kankima Sustainable Communities

Kankima Sustainable Communities is an economic development organization in Scarborough, ME that was founded in 2023.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
92-1538510
IRS type
501(c)(3)

Maine Motorcoach Network

Maine Motorcoach Network is an economic development organization in Portland, ME that was founded in 2018.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
82-3355547
IRS type
501(c)(6)

Tri-Town Farmers Markets

Tri-Town Farmers Markets is an economic development organization in Berwick, ME that was founded in 2021.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
85-3448910
IRS type
501(c)(3)

Southern Maine Finance Agency

Southern Maine Finance Agency is an economic development organization in Biddeford, ME whose mission is: To promote sustainable, long-term economic prosperity for the biddeford-saco Maine area.
Revenue
$658.4k
Assets
$7.7m
Employees
4
EIN
01-0472964
IRS type
501(c)(3)

Freeport Economic Development Corporation

The corporation has developed special events, marketing brochures, and other advertising to market the town of Freeport as a favorable business location. Promotion of Economic Development.
Revenue
$142.2k
Assets
$110.8k
Employees
N/A
EIN
01-0376892
IRS type
501(c)(6)

Enterprising Maine

Enterprising Maine is an economic development organization in Yarmouth, ME that was founded in 2015.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
46-3045550
IRS type
501(c)(3)

Brunswick Development Corporation

Brunswick Development Corporation (bdc) provides low-cost financial assistance and other aid designed to improve economic conditions in the community of Brunswick, Maine.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
01-0498822
IRS type
501(c)(3)

Castine Touring Company

Castine Touring Company is an economic development organization in Scarborough, ME that was founded in 2017.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
81-2375175
IRS type
501(c)(3)

Downtown Westbrook Coalition

"Downtown Westbrook Coalition promotes the revitalization of Main Street, economic development and preservation of historic assets in downtown Westbrook, ME.".
Revenue
$144.5k
Assets
$117.5k
Employees
N/A
EIN
81-4641837
IRS type
501(c)(3)

Topsham Development

Topsham Development fulfills the mission of developing Topsham, Maine through a range of programs, including industrial development, business attraction, and economic and community development. Its location is in Topsham, ME.
Revenue
$51.0k
Assets
$341.9k
Employees
N/A
EIN
01-0495451
IRS type
501(c)(3)
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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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