Maine & Company

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010504259 ✦ Portland, ME ✦ Designated as a 501(c)(6)

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Overview

What is Maine & Company?

Maine & Company is a private, non-profit organization based in Portland, Maine, specifically located at 280 Fore Street 402. Their primary mission is to bolster Maine's economic growth by actively collaborating with both public and private entities involved in economic development. This collaboration aims to attract new businesses and encourage the expansion and retention of existing ones in the state. Maine & Company employs a team of four individuals dedicated to this mission.


Official website here: www.maineco.org

Is Maine & Company legitimate?

Maine & Company is a legitimate nonprofit organization registered as a 501(c)(6) entity. Maine & Company 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $180,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $186,332

For more financial information, click here


Official website here: www.maineco.org

What is the mission statement of Maine & Company?

Maine & Company, as a private, non-profit organization, is dedicated to fostering economic development in its mission. It aims to enhance Maine's ability to draw in new businesses and expand existing ones by coordinating a comprehensive, statewide sales initiative in collaboration with various public and private partners involved in economic development. The organization's primary goal is to boost Maine's business growth and success by leveraging its collective efforts.


Official website here: www.maineco.org

Who is the CEO of Maine & Company?

Peter Delgreco is the Vice Chair of Maine & Company. The CEO's salary of Maine & Company is $180,000 and their total compensation is $191,692.


Official website here: www.maineco.org

What is the revenue of Maine & Company?

Maine & Company's revenue in 2023 was $647,071.


Official website here: www.maineco.org

Who are the executives of Maine & Company and what are their salaries?

The average compensation at Maine & Company during 2023 was $91,583. There are 4 employees at Maine & Company.


Here are 33 key members and their salaries (Maine & Company's CEO's salary is $180,000 and their total compensation is $191,692):


Peter Vigue (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Perkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guy Langevin (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Wold (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Montgomery-Rice (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Sigfridson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Whitney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Austin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Royce Cross (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Ferrini-Mundy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alton Palmer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Barry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Ransom (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Angell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Belknap (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Malloy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Graham Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Herbert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Purington (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Mello (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meryl Fogg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Mueller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Flynn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fay Rotenberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Mckim (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Noyes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colin March (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Duranceau (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Clurman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Anderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Delgreco (President & Ceo)
  • Compensation: $180,000
  • Related: $0
  • Other: $11,692


Official website here: www.maineco.org

Where can I find the form 990 for Maine & Company?

Maine & Company's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.maineco.org

Learn more at the official website: www.maineco.org

Mission Statement of Maine & Company

Maine & Company, a private, non-profit organization, is dedicated to promoting economic development in the state. Its mission is to enhance Maine's ability to attract new businesses and expand existing ones by collaborating with public and private partners in economic development. The organization undertakes a focused, statewide sales effort to achieve these goals, working tirelessly to improve Maine's business landscape.

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Impact




October, 2024

Maine & Company significantly impacts Maine's economic landscape by enhancing the state's ability to attract new businesses and support the expansion of existing ones. Through a collaborative approach with both public and private partners in economic development, Maine & Company employs a statewide sales effort aimed at creating a more conducive environment for business growth. Their initiatives not only focus on bringing in new enterprises but also on retaining and nurturing the existing ones. This comprehensive strategy contributes to community improvement and strengthens Maine's overall economic health, fostering a vibrant business climate that benefits residents and stakeholders alike.




This information is meant to be a general summary of Maine & Company. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$647,071 (2023)
Expenses
$613,801 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,646
  • Gross Receipts: $652,823

Assets and Liabilities:

  • Total Assets: $503,306
  • Total Liabilities: $6,893
  • Net Assets: $496,413

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Organization Details

Founding Year

1996

Principal Officer

Peter Delgreco

Main Address

280 Fore Street 402, Portland, ME, 04101

NTEE Category

Code: S40 - Community improvement

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