Maine Development Foundation
Data sourced from IRS 990 public filings
Maine Development Foundation To promote economic growth in the State of Maine.
Regional (Multi-County/State)
Community & Economic Development
Young Adults (Ages 19-25)
Direct Service Delivery
Adults (Ages 26-64)
Education & Awareness
Higher Education Access
Policy Advocacy & Legislative Reform
Annual Revenue
$2,966,802
Known Funders
7
Grants Received
10
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $2,966,802 | $3,002,637 | $969,500 |
| 2023 | $3,160,300 | $3,361,150 | $1,176,862 |
| 2022 | $2,803,285 | $2,739,656 | $1,919,051 |
| 2021 | $2,681,444 | $2,780,640 | $970,799 |
| 2020 | $2,516,324 | $2,600,651 | $1,568,365 |
| 2019 | $1,791,473 | $1,849,434 | $713,218 |
| 2018 | $1,792,373 | $1,857,224 | $788,412 |
| 2017 | $1,659,229 | $1,422,171 | $696,530 |
Top Funders
Elmina B Sewall Foundation
Freeport, ME
$185,000 (2024)
Maine Community Foundation Inc
Ellsworth, ME
$150,000 (2021)
Northern Forest Center Inc
Concord, NH
$48,241 (2023)
Maine Community Foundation Inc
Ellsworth, ME
$35,000 (2023)
THE NATURE CONSERVANCY
ARLINGTON, VA
$25,000 (2022)
ROCKEFELLER PHILANTHROPY ADVISORS INC
NEW YORK, NY
$20,000 (2021)
MAINE BUSINESS EDUCATION PARTNERSHIP
AUGUSTA, ME
$15,694 (2023)
THE NATURE CONSERVANCY
ARLINGTON, VA
$11,000 (2021)
PAYPAL Charitable Giving Fund
Washington, DC
$8,911 (2022)
PAYPAL Charitable Giving Fund
Washington, DC
$5,298 (2021)
Key Personnel
From 2024 IRS 990 filing
Y
Yellow Light Breen
President & CEO
Officer
J
Jenny Kordick
Director
N
Nellie Albright
Director
T
Trampas Hutches
Director
T
Theresa Cody
Director
R
Rick C Leonard
Treasurer
Officer
M
Michael McKernan
Director
L
Lori Dwyer
Director
L
Lisa Sockabasin
Director
L
Linda Ball
Chair
Officer
Showing 10 of 18 key personnel.
Frequently Asked Questions
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MaineGeneral Health and Affiliates$702,078,233
THE JACKSON LABORATORY$652,542,607
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