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EIN 86-1274227

Ignite Presque Isle

IRS 501(c) type
501(c)(3)
Num. employees
72
City
Presque Isle
State
Maine
Year formed
2020
Most recent tax filings
2022-12-01
NTEE code, primary
S30: Economic Development
Description
Ignite Presque Isle inspires community revitalization and innovation by promoting entrepreneurship in Presque Isle. It creates an innovative and creative approach to serving the community through a service-based no traditional model. Its inaugural project, the Ignite pi innovation center, offers a store-front space as an entrepreneurial nexus with the most innovative co-workspace in New England. The organization has also begun an impressive renovation plan to transform the storefront property in Presque Isle, Maine.
Total revenues
$4,298,460
2022
Total expenses
$2,564,428
2022
Total assets
$7,391,898
2022
Num. employees
72
2022

Program areas at Ignite Presque Isle

Our innovation center is Ignite pi's inaugural project. We've created a store front space as an entrepreneurial nexus with the most innovative co- workspace in new england. We've just begun an impressive renovation plan to transform the store front property into the next generation of business in the heart of Presque Isle. Our center compliments existing businesses and services in the downtown district. We're promoting an entrepreneurial spirit to bring the community together for generations to come.

Who funds Ignite Presque Isle

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Rodney and Mary Barton Smith Family FoundationContribution Supporting Charitable Organization's Exempt Purpose.$1,509,593
AmazonSmile FoundationGeneral Support$7

Personnel at Ignite Presque Isle

NameTitleCompensation
Lerae KinneyChief Executive Officer$17,539
Julie LibbyBoard Member$0

Financials for Ignite Presque Isle

RevenuesFYE 12/2022
Total grants, contributions, etc.$3,340,679
Program services$952,761
Investment income and dividends$1,935
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,085
Total revenues$4,298,460

Form 990s for Ignite Presque Isle

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-08990View PDF
2022-122023-11-06990View PDF
2021-122022-11-15990View PDF

Organizations like Ignite Presque Isle

OrganizationLocationRevenue
Western Dairyland Economic Opportunity CouncilIndependence, WI$18,239,883
Called To Serve CDCPhiladelphia, PA$1,872,045
Center for Inclusive Entrepreneurship (CIE)Seattle, WA$1,215,625
Ohio Network for Innovation (ONI)Mount Vernon, OH$1,299,263
Florence Crittenton ServicesWheeling, WV$1,724,406
Accord CorporationBelmont, NY$7,291,130
NewBoCoCedar Rapids, IA$2,714,657
Community Economic Development Center of Southeastern MassNew Bedford, MA$1,433,095
Suwannee River Economic CouncilLive Oak, FL$11,386,248
East Central Kansas Economic Opportunity Corporation (ECKAN)Ottawa, KS$12,257,020
Data update history
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $1,509,593 from The Rodney and Mary Barton Smith Family Foundation
December 31, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Updated personnel
Identified 2 new personnel
October 25, 2023
Received grants
Identified 1 new grant, including a grant for $2,885,375 from The Rodney and Mary Barton Smith Family Foundation
August 6, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Business and community development organizationsFamily service centersCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
436 Main St
Presque Isle, ME 04769
County
Aroostook County, ME
Website URL
ignitepi.org/ 
Phone
(207) 764-3747
IRS details
EIN
86-1274227
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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