IGNITE PRESQUE ISLE
AI Summary
IGNITE PRESQUE ISLE is a rural development nonprofit in Presque Isle, Maine, focused on community revitalization and entrepreneurship through a non-traditional model that combines a service-based nonprofit with restoration of the Northeastland Hotel to support downtown revitalization. For fiscal year 2024, it reported an operating budget of $3.6M and total revenue of $3.9M, with major funding from The Rodney and Mary Barton Smith Family Foundation, Maine Technology Institute, BUSINESS EDUCATION PARTNERSHIP FOUNDATION, and Maine Community Foundation Inc.
Mission Statement
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.
Cause Areas
1
Rural development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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- 4 funders
- 11 board & team members
- 4 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is IGNITE PRESQUE ISLE’s budget?
In 2024, IGNITE PRESQUE ISLE reported an annual operating budget of around $3.6 million. More detailed financial information is available to registered users.
What causes does IGNITE PRESQUE ISLE support?
IGNITE PRESQUE ISLE supports work in Rural development.
Where does IGNITE PRESQUE ISLE operate?
IGNITE PRESQUE ISLE is headquartered in Presque Isle, ME.
Who funded IGNITE PRESQUE ISLE recently?
In 2024, IGNITE PRESQUE ISLE received grants from BUSINESS EDUCATION PARTNERSHIP FOUNDATION, DONOR ADVISED CHARITABLE GIVING INC, and Maine Community Foundation Inc. More information on this organization’s funders is available to registered users.
What is the largest grant IGNITE PRESQUE ISLE received in 2024?
The largest grant to IGNITE PRESQUE ISLE in 2024 exceeds $50 thousand.
What is IGNITE PRESQUE ISLE’s reliance on government grants?
IGNITE PRESQUE ISLE relied on government grants for less than 5% of their total revenue in 2024.