Overview
What is Maine Center For Enterprise Development Dba Maine Center For Entrepreneurs?
The Maine Center For Enterprise Development, operating under the name Maine Center For Entrepreneurs, is a nonprofit organization situated in Portland, Maine. Their primary mission is to foster entrepreneurial growth in Maine by providing training, mentoring, and best-practice incubation services. The organization aims to create high-quality job opportunities by systematically assisting new businesses with intellectual property, business plan needs, research and development activities, early-stage financing, and product commercialization. In 2022, their most expensive program was the MarketShare program, which supports mature Maine food and beverage companies looking to expand distribution nationally. This program involves subject matter experts working with participating companies to conduct marketing assessments, identify growth plans, and analyze market reports to uncover new sales opportunities. Regular meetings with program managers and mentor consultants, quarterly workshops, and participation in industry events are also part of the program. Overall, Maine Center For Entrepreneurs empowers the next generation of Maine entrepreneurs through comprehensive support.
Official website here: www.mced.biz
Is Maine Center For Enterprise Development Dba Maine Center For Entrepreneurs legitimate?
Maine Center For Enterprise Development Dba Maine Center For Entrepreneurs is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maine Center For Enterprise Development Dba Maine Center For Entrepreneurs submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $172,809
Professional Fundraising Fees: $0
Other Salaries and Wages: $218,102
For more financial information, click here
Official website here: www.mced.biz
What is the mission statement of Maine Center For Enterprise Development Dba Maine Center For Entrepreneurs?
The Maine Center For Enterprise Development, operating as Maine Center For Entrepreneurs, is dedicated to empowering and enabling the next generation of entrepreneurs in an unspecified location. They achieve this by providing training and mentoring services. The organization's mission is to create high-quality job opportunities by offering best-practice incubation services. These services assist new businesses with intellectual property and business plan needs, R&D activities, early-stage financing, and product commercialization. One of their most expensive programs in 2022 was the MarketShare program, which catered to mature food and beverage companies aiming to expand distribution both regionally and nationally. Through this program, a team of subject matter experts worked with each company to conduct marketing assessments, identify growth plans, and provide regular meetings for tracking and evaluation. The focus of these meetings was on market development, leading to new sales opportunities and growth for the participating companies.
Official website here: www.mced.biz
Who is the CEO of Maine Center For Enterprise Development Dba Maine Center For Entrepreneurs?
Thomas Rainey is the Treasurer of Maine Center For Enterprise Development Dba Maine Center For Entrepreneurs.
Official website here: www.mced.biz
What is the revenue of Maine Center For Enterprise Development Dba Maine Center For Entrepreneurs?
Maine Center For Enterprise Development Dba Maine Center For Entrepreneurs's revenue in 2022 was $962,397.
Official website here: www.mced.biz
Who are the executives of Maine Center For Enterprise Development Dba Maine Center For Entrepreneurs and what are their salaries?
The average compensation at Maine Center For Enterprise Development Dba Maine Center For Entrepreneurs during 2022 was $78,182. There are 5 employees and 140 volunteers at Maine Center For Enterprise Development Dba Maine Center For Entrepreneurs.
Here are 15 key members and their salaries:
- Thomas Rainey (Executive Director)
- Cory Vargo (Treasurer) [Trustee/Director]
- Becky Mckinnell (Secretary Thru Dec) [Trustee/Director]
- Susan Mackay (Vice Chair) [Trustee/Director]
- Andrea K Suter (Chair) [Trustee/Director]
- Susan Ahern (Director)
- Skip Bates (Director)
- Todd Keiller (Director Thru Dec)
- Brian Whitney (Director Thru Dec)
- Daniel Piltch (Director)
- Cal Hancock (Director)
- Burak Sezen (Director)
- Doug Deangelis (Director)
- Chris Vickers (Director)
- Krystal Williams (Director)
Official website here: www.mced.biz
Where can I find the form 990 for Maine Center For Enterprise Development Dba Maine Center For Entrepreneurs?
The Maine Center For Enterprise Development Dba Maine Center For Entrepreneurs’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.mced.biz
Learn more at the official website: www.mced.biz
Mission Statement of Maine Center For Enterprise Development Dba Maine Center For Entrepreneurs
Maine Center for Enterprise Development, doing business as Maine Center for Entrepreneurs, is dedicated to fostering and nurturing the next generation of entrepreneurs in Maine. Their mission is twofold: firstly, to create high-quality job opportunities in the state by providing best-practice incubation services. These services systematically assist new businesses with intellectual property and business plan needs, research and development activities, early-stage financing, and product commercialization.
Secondly, Maine Center for Enterprise Development focuses on mature Maine food and beverage companies that are looking to expand their distribution both regionally and nationally. They offer a program called MarketShare, which had $201,485.27 in expenses in 2022. This program serves 26 Maine food and beverage companies, providing them with a team of subject matter experts for marketing assessments and growth plan identification. Regular meetings with the program manager and mentor consultants are held to focus on market development. The team also purchases and analyzes category reports to identify new sales opportunities, often leading to the acquisition of new accounts or additional items added to existing accounts. Furthermore, MarketShare member companies participate in quarterly workshops, the Maine Food Producer Showcase, and food producer socials in conjunction with Maine Center for Enterprise Development's Cultivator Program. Overall, Maine Center for Enterprise Development plays a significant role in empowering entrepreneurs and driving job creation in Maine's food and beverage industry.
Impact
This information is meant to be a general summary of Maine Center For Enterprise Development Dba Maine Center For Entrepreneurs. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Maine Center For Enterprise Development, operating as Maine Center For Entrepreneurs, empowers and enables Maine's next generation of entrepreneurs through training and mentoring. In 2022, one of their key programs, MarketShare, supported 26 Maine food and beverage companies in aggressively expanding their distribution both regionally and nationally. Through a team of subject matter experts, these companies received marketing assessments, identified growth plans, and had regular working meetings to track progress.
Additionally, MarketShare member companies purchased and analyzed specific category reports to identify new sales opportunities, leading to wins of new accounts or additional items added to existing accounts. The program also provided access to industry resources, workshops, showcases, and networking events to support the growth and success of the participating businesses.
Overall, Maine Center For Entrepreneurs' impact can be seen in the growth, development, and increased market presence of these food and beverage companies, contributing to the creation of high-quality jobs in Maine and fostering a thriving entrepreneurial ecosystem in the state.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VARIOUS PROGRAMS
Revenue
$39,730
Organization Details
Founding Year
1997
Phone
(207) 774-8111
Principal Officer
Thomas Rainey
Main Address
PO BOX 8628, PORTLAND, ME, 04104
Website
www.mced.biz
NTEE Category
Code: Z99 - Unknown
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