Nonprofit · EIN 82-0987230
MAINE CENTER VENTURES
Tax-exempt · ORONO, ME 04469
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $19,298 | $83,042 | -$63,744 | $301,063 | $0 | $301,063 |
| June 30, 2024 | 990 | $4,098 | $24,764 | -$20,666 | $364,807 | $0 | $364,807 |
| June 30, 2023 | 990 | $357,196 | $1,141,176 | -$783,980 | $385,473 | $0 | $385,473 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,400
- Program service revenue
- $0
- Investment income
- $16,898
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $83,042
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $83,042
Balance sheet and other
- Total assets, start of year
- $364,807
- Total assets, end of year
- $301,063
- Total liabilities, end of year
- $0
- Net assets, end of year
- $301,063
- Net assets with donor restrictions
- $301,063
- Gross receipts
- $19,298
- Employees
- 0
- Volunteers
- 9
- Year formed
- 2017
- State of legal domicile
- ME
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Dannel Malloy | Chair, Board of Directors Trustee or director | 1 | $0 | $592,234 | $35,796 |
| Joan Ferrini-Mundy | Director Trustee or director | 0.25 | $0 | $563,019 | $36,436 |
| Ryan Low | Treasurer Officer | 1 | $0 | $322,030 | $75,732 |
| Jacqueline Edmondson | Director Trustee or director | 0.25 | $0 | $317,407 | $65,648 |
| Leigh Saufley | Director Trustee or director | 0.25 | $0 | $300,267 | $59,151 |
| Paul Chan | Secretary (resigned June 2025) Officer | 0.25 | $0 | $260,858 | $53,365 |
| Seth Goodall | Chief Executive Officer Officer | 1 | $0 | $228,500 | $65,674 |
| Samantha Warren | Former Secretary Former | 0 | $0 | $187,804 | $61,299 |
| Amon Purinton | Secretary Officer | 0.25 | $0 | $144,013 | $55,866 |
| Patricia Riley | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Bobby Monks | Director (resigned June 2025) Trustee or director | 0.25 | $0 | $0 | $0 |
| Lisa Eames | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Owen McCarthy | Director (resigned Feb. 2025) Trustee or director | 0.25 | $0 | $0 | $0 |
| Quincy Hentzel | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Elise Baldacci | Director Trustee or director | 0.25 | $0 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lori Dwyer | Director Trustee or director | 0.25 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Joan Ferrini-Mundy | Director Trustee or director | 0.25 | $0 | $544,638 | $34,929 |
| Dannel Malloy | Chair, Board of Directors Trustee or director | 1 | $0 | $527,214 | $33,283 |
| Jacqueline Edmondson | Director Trustee or director | 0.25 | $0 | $308,015 | $60,928 |
| Ryan Low | Treasurer Officer | 1 | $0 | $296,796 | $70,670 |
| Leigh Saufley | Director Trustee or director | 0.25 | $0 | $290,521 | $57,244 |
| Paul Chan | Secretary Officer | 0.25 | $0 | $252,649 | $51,392 |
| Samantha Warren | Former Secretary Former | 0 | $0 | $189,739 | $59,124 |
| Patricia Riley | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Bobby Monks | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Lisa Eames | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Owen McCarthy | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Quincy Hentzel | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Michael Boyson | Director (resigned June 2024) Former | 0.25 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Joan Ferrini-Mundy | Director Trustee or director | 0.25 | $0 | $547,266 | $44,835 |
| Dannel Malloy | Chair, Board of Directors Trustee or director | 1 | $0 | $438,734 | $30,032 |
| Ryan Low | Treasurer Officer | 1 | $0 | $306,707 | $67,923 |
| Leigh Saufley | Director Trustee or director | 2 | $0 | $286,771 | $40,494 |
| Theresa Sutton | CEO (resigned September 2022) Former | 60 | $0 | $201,717 | $47,244 |
| Glenn Cummings | Director (resigned June 2022) Former | 0.25 | $0 | $193,189 | $37,845 |
| Samantha Warren | Secretary Officer | 0.25 | $0 | $167,578 | $58,574 |
| Jacqueline Edmondson | Director Trustee or director | 0.25 | $0 | $168,665 | $32,399 |
| James Thelen | Secretary (resigned June 2022) Former | 1 | $0 | $148,986 | $34,269 |
| Alexa Dayton | COO (resigned October 2022) Former | 60 | $0 | $101,406 | $46,347 |
| Patricia Riley | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Bobby Monks | Director Trustee or director | 5 | $0 | $0 | $0 |
| Michael Boyson | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Lisa Eames | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| James Donnelly | Director (resigned December 2022) Former | 0.25 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- C/O UMS BOT 15 ESTABROOKE DRIVE, ORONO, ME 04469-0001
- In care of
- % UMS BOT
- Principal officer (990 for 2024)
- Seth Goodall, University of Maine System, 300 Fore Street, Portland, ME 04102
- Signed the 990
- Seth Goodall, Chief Executive Officer
- Phone
- (207) 581-5846
Mission
Support and promote the University of Maine Graduate & Professional Center ("Maine Center") of the University of Maine System through fundraising, marketing, and engagement with Maine enterprises and employers to identify and address training needs, create experiential education opportunities for Maine Center students, and develop incubator and accelerator programs.
Program accomplishments
- Maine Center Ventures supported operations of the University of Maine Graduate & Professional Center ("Maine Center") of its supported organization, the University of Maine System, by making a contribution to the Maine Center's general operations and special initiatives.Expenses $59,802 · grants $59,802
- Maine Center Ventures supported operations of the University of Maine Graduate & Professional Center ("Maine Center") of its supported organization, the University of Maine System, by making a contribution to the Maine Center's gift program for faculty, visiting scholars, adjunct professors, and instruction costs.Expenses $20,736 · grants $20,736
- Maine Center Ventures supported operations of the University of Maine Graduate & Professional Center ("Maine Center") of its supported organization, the University of Maine System, by making a contribution to the Maine Center's gift program for student fellowships, externships, practicums, and scholarships.Expenses $2,504 · grants $2,504
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 82-0987230
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2017
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $301,063
- Income (IRS master file)
- $19,298
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $19,298 | $83,042 | $301,063 | XML |
| 990 | June 2024 | $4,098 | $24,764 | $364,807 | IRS |
| 990 | June 2023 | $357,196 | $1,141,176 | $385,473 | XML |
| 990 | June 2022 | $1,458,388 | $1,898,218 | $1,669,534 | IRS |
| 990 | June 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-0987230).
Questions about MAINE CENTER VENTURES
- What is the EIN of MAINE CENTER VENTURES?
- The employer identification number (EIN) of MAINE CENTER VENTURES is 82-0987230.
- Is MAINE CENTER VENTURES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to MAINE CENTER VENTURES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does MAINE CENTER VENTURES file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MAINE CENTER VENTURES due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAINE CENTER VENTURES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MAINE CENTER VENTURES?
- The 990 for the year ended June 30, 2025 names Seth Goodall.
- Who are the officers and directors of MAINE CENTER VENTURES?
- The 990 for the year ended June 30, 2025 lists 16 people; 0 received compensation from the organization.
- How much revenue does MAINE CENTER VENTURES have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $19,298, expenses of $83,042 and total assets of $301,063 at year end.
Other nonprofits in ORONO
- UNIVERSITY OF MAINE FOUNDATION EIN 01-6011501 · last filed 990 for 2024
- 4-H CLUBS & AFFILIATED 4-H ORGANIZATIONS EIN 01-6011487 · last filed 990 for 2025
- GENERAL ALUMNI ASSOCIATION OF THE UNIVERSITY OF MAINE EIN 01-0502306 · last filed 990 for 2025
- ORONO PUBLIC LIBRARY FOUNDATION EIN 27-0062690 · last filed 990 for 2025
- THE GRADUATE STUDENT GOVERNMENT OF THE UNIVERSITY OF MAINE EIN 22-3079896 · last filed 990 for 2025
- AMERICAN NURSES ASSOCIATION-MAINE EIN 01-0546460 · last filed 990-EZ for 2025
- HONOR SOCIETY OF PHI KAPPA PHI EIN 62-1784163 · last filed 990-N for 2025
- FRIENDS OF ORONO SCHOOLS EIN 99-1011798 · last filed 990-N for 2025