Public Charity

FOUNDATION FOR A STRONG MAINE ECONOMY

FOUNDATION FOR A STRONG MAINE ECONOMY, of AUGUSTA, ME, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $3.6M in revenue, $3.3M in expenses, $2.2M in total assets. 25 publicly reported grants to this organization, totaling roughly $1.0M, appear in IRS filings.

EIN: 300036992 AUGUSTA, ME Latest filing: 2024
Total Revenue$3.6M
Total Expenses$3.3M
Total Assets$2.2M
Grant Records25
Funding Total$1.0M
Filing Years2020–2024

Mission

FOCUSMAINE PROPELS THE GROWTH OF MAINE'S MOST PROMISING INDUSTRIES AND TRANSFORMS MAINE INTO A HUB FOR TOP TALENT.

Officers & Directors

MEMBER Amanda Rector Blazek
PRESIDENT, CO-CHAIR & CO-FOUNDER Andrea Maker
MEMBER Dana Connors
MEMBER Ed Mckersie
MEMBER Jay Dearborn
MEMBER Joan Ferrini-Mundy

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$244,700 5 grants
Enabling Accelerated Growth of Maine's Aquaculture Cluster
$175,702 2 grants
FocusMaine: Investing in Maine's Economy in High Growth Industries
$140,488 1 grant
Becoming a Renowned Source of Traceable Food from Land and Sea
$99,754 1 grant
GENERAL SUPPORT
$61,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $3.6M $3.3M $2.2M
2023 $3.2M $3.5M $2.2M
2022 $2.2M $2.3M $5.2M
2021 $2.5M $2.3M $1.6M
2020 $2.8M $2.6M $1.6M

Between 2020 and 2024, reported annual revenue grew from $2.8M to $3.6M (+28%), with total assets most recently reported at $2.2M.

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

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