Public Charity

COASTAL ENTERPRISES INC

COASTAL ENTERPRISES INC, of BRUNSWICK, ME, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $19.9M in revenue, $23.2M in expenses, $166.6M in total assets. 54 publicly reported grants to this organization, totaling roughly $35.1M, appear in IRS filings.

EIN: 010347504 BRUNSWICK, ME Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2025
Total Revenue$19.9M
Total Expenses$23.2M
Total Assets$166.6M
Grant Records54
Funding Total$35.1M
Filing Years2021–2025

Mission

CEI INTEGRATES FINANCING, SMALL BUSINESS AND INDUSTRY EXPERTISE, AND POLICY SOLUTIONS TO GROW A VIBRANT FUTURE FOR PEOPLE AND COMMUNITIES WITH LOW INCOME IN MAINE AND RURAL REGIONS.

Where $100 goes at Coastal Enterprises Inc

How Coastal Enterprises Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$75 Programs the work itself
$23 Management running the organization
$2 Fundraising raising the next dollar

Inside the $75 for programs

$75
To help create opportunities for communities and individuals, especially those with low incomes, by developing and administering programs and mobilizing funds to stimulate economic activity through investment, technical…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
PUBLIC, SOCIETAL BENEFIT
$15,000,000
$516,250
2024
AWARD TO COASTAL ENTERPRISES, INC TO INVEST IN BUSINESS GROWTH AND EXPANSION OF MAINE FOOD COMPANIES
$351,121
2024
SHARED SUCCESS JOB QUALITY DEMONSTRATION
$172,477
2024
SUB-AWARD
$75,639

Showing up to 5 of 54 total records — full history available with membership.

Officers & Directors

DIRECTOR Adler Prioly
DIRECTOR Angela Tennett
TREASURER Benjamin Kramer
DIRECTOR Beth Mattingly
VICE CHAIR Catherine Van Dusen Godschalk
DIRECTOR Charles J Rudelitch Esq

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$31,675,018 26 grants
Food Assistance & Nutrition
$738,680 3 grants
Economic Development
$712,648 11 grants
Civil Rights & Social Justice
$500,000 1 grant
Research & Policy
$300,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $19.9M $23.2M $166.6M
2024 $39.9M $23.7M $151.6M
2023 $22.6M $18.7M $125.9M
2022 $13.6M $12.9M $113.1M
2021 $43.5M $28.6M $100.9M

Between 2021 and 2025, reported annual revenue declined from $43.5M to $19.9M (-54%), with total assets most recently reported at $166.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for COASTAL ENTERPRISES INC

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