AUGUSTA, ME

Foundation For A Strong Maine Economy

Quick Facts

EIN
30-0036992
Location
AUGUSTA, ME
Category
Community Development
NTEE Code
S30
Total Assets
$2.2M
Annual Income
$12.1M
Annual Revenue
$3.6M
IRS Ruling Year
2014
Tax Subsection
501(c)(03)

About This Organization

Foundation For A Strong Maine Economy is a nonprofit organization based in AUGUSTA, ME. It received its IRS tax-exempt ruling in 2014. The organization is classified under IRC Section 501(c)(03). It operates in the area of community development. Total assets are reported at $2.2M. Annual income is $12.1M. The organization has received $10.1M in foundation grants from 5 funders. It has received $919K in federal awards from 1 agency.

Grants Received from Foundations

Foundation grants awarded to Foundation For A Strong Maine Economy, based on IRS 990-PF filings.

FunderAmountYearPurpose
Sam L Cohen Foundation$20K2023OPERATING SUPPORT FOR FOCUSMAINE
Machias Savings Bank Community Development Foundation$15K2023Program Support Grant
Harold Alfond Foundation$4.3M2022FOCUSMAINE SUPPORT - CATALYZING JOBS WHERE MAINES ASSETS MEET GLOBAL TRENDS
Harold Alfond Foundation$4.3M2022FOCUSMAINE SUPPORT - CATALYZING JOBS WHERE MAINES ASSETS MEET GLOBAL TRENDS
Elmina B Sewall Foundation$25K2022General Operating Support
Elmina B Sewall Foundation$25K2022General Operating Support
Machias Savings Bank Community Development Foundation$15K2022Program Support Grant
Machias Savings Bank Community Development Foundation$15K2022Program Support Grant
Harold Alfond Foundation$1.3M2020FOCUSMAINE SUPPORT
Elmina B Sewall Foundation$50K2020General operating support
Machias Savings Bank Community Development Foundation$5K2020Facilities Grant
Casco Foundation$3K2020In support of business innovation.

Federal Awards Received

Federal grants and cooperative agreements from USAspending.gov.

AgencyProgramAmountYear
Small Business Administration1 awards totaling $919,000$919K2022

Frequently Asked Questions

What does Foundation For A Strong Maine Economy do?

Foundation For A Strong Maine Economy is a nonprofit organization focused on community development, based in AUGUSTA, ME. It is classified under IRC Section 501(c)(03).

Who funds Foundation For A Strong Maine Economy?

Foundation For A Strong Maine Economy has received foundation grants from Sam L Cohen Foundation, Machias Savings Bank Community Development Foundation, Harold Alfond Foundation, and others. It has also received federal awards from Small Business Administration.

What is Foundation For A Strong Maine Economy's annual revenue?

Foundation For A Strong Maine Economy reports total assets of $2.2M. Annual income is $12.1M.

Where is Foundation For A Strong Maine Economy located?

Foundation For A Strong Maine Economy is located in AUGUSTA, ME.

Is Foundation For A Strong Maine Economy a 501(c)(3)?

Yes, Foundation For A Strong Maine Economy is a 501(c)(3) tax-exempt organization. Its EIN is 30-0036992. Donations to this organization may be tax-deductible.

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