Ignite Presque Isle
- Assets
- $4.4m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 26
- Location
- Presque Isle, ME
- Founding
- Data as of
- EIN
- 86-1274227
Organization Overview
Ignite Presque Isle is located in Presque Isle, ME. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Ignite Presque Isle employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ignite Presque Isle is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO INSPIRE COMMUNITY REVITALIZATION AND INNOVATION BY PROMOTING ENTREPRENEURSHIP IN PRESQUE ISLE. WE'VE CREATED A NON-TRADITIONAL APPROACH TO SERVING THE COMMUNITY IN AN INNOVATIVE AND CREATIVE WAY. WE'RE BRINGING TOGETHER A SERVICE BASED NONPROFIT AND RESTORING THE ICONIC NORTHEASTLAND HOTEL TO HELP THE REVITALIZATION OF THE DOWNTOWN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR INNOVATION CENTER IS IGNITE PI'S INAUGURAL PROJECT. WE'VE CREATED A STORE FRONT SPACE AS AN ENTREPRENEURIAL NEXUS WITH THE MOST INNOVATIVE CO- WORKSPACE IN NEW ENGLAND. WE'VE JUST BEGUN AN IMPRESSIVE RENOVATION PLAN TO TRANSFORM THE STORE FRONT PROPERTY INTO THE NEXT GENERATION OF BUSINESS IN THE HEART OF PRESQUE ISLE. OUR CENTER COMPLIMENTS EXISTING BUSINESSES AND SERVICES IN THE DOWNTOWN DISTRICT. WE'RE PROMOTING AN ENTREPRENEURIAL SPIRIT TO BRING THE COMMUNITY TOGETHER FOR GENERATIONS TO COME.
OUR INNOVATION CENTER IS IGNITE PI'S INAUGURAL PROJECT. WE'VE CREATED A STORE FRONT SPACE AS AN ENTREPRENEURIAL NEXUS WITH THE MOST INNOVATIVE CO- WORKSPACE IN NEW ENGLAND. WE'VE JUST BEGUN AN IMPRESSIVE RENOVATION PLAN TO TRANSFORM THE STORE FRONT PROPERTY INTO THE NEXT GENERATION OF BUSINESS IN THE HEART OF PRESQUE ISLE. OUR CENTER COMPLIMENTS EXISTING BUSINESSES AND SERVICES IN THE DOWNTOWN DISTRICT. WE'RE PROMOTING AN ENTREPRENEURIAL SPIRIT TO BRING THE COMMUNITY TOGETHER FOR GENERATIONS TO COME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kallie Bard Board Member | Trustee | 1 | $0 |
Cathy Beaulieu Board Member | Trustee | 1 | $0 |
Julie Libby Board Member | Trustee | 1 | $0 |
Ryan Pelletier Chair | Trustee | 1 | $0 |
Bruce Sargent Board Member | Trustee | 1 | $0 |
Julie French Vice Chair/t | Trustee | 1 | $0 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ignite Presque Isle has recieved totaling $3,321,500.
| Awarding Organization | Amount |
|---|---|
The Rodney And Mary Barton Smith Family Foundation Carmel, CA PURPOSE: CONTRIBUTION SUPPORTING CHARITABLE ORGANIZATION'S EXEMPT PURPOSE. | $3,250,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $71,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center On Rural Innovation Inc Hartland, VT | $3,965,475 | $1,904,173 |
Retreat Farm Brattleboro, VT | $8,221,926 | $3,402,767 |
Vermont Council On Rural Development Inc Montpelier, VT | $695,971 | $938,553 |
Community Capital Of Vermont Inc Barre, VT | $4,295,904 | $363,623 |
Central Massachusetts Center For Business And Enterprise Inc Whitinsville, MA | $1,308,572 | $506,528 |