IGNITE PRESQUE ISLE

IGNITE PRESQUE ISLE

Presque Isle, ME, US
501(c)3
EIN
86-1274227

IGNITE PRESQUE ISLE

Presque Isle, ME, US
501(c)3
EIN
86-1274227

Overview

Sign up for

Est.

2020

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
Was this helpful?

IGNITE PRESQUE ISLE is a nonprofit organization dedicated to inspiring community revitalization and innovation through entrepreneurship in Presque Isle. With an operating budget of $3.6 million and total revenue of $3.9 million for the 2024 filing year, the organization is engaged in a unique initiative that includes restoring the iconic Northeastland Hotel to enhance downtown revitalization. Currently, IGNITE PRESQUE ISLE does not rely on a single funder for 50% or more of its revenue. For more information, visit their website at ignitepi.org.

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.
Revenues

$3.9M

Expenses

$3.6M

Net Income:
+$310.7K
Assets

$9.1M

Liabilities

$1.1M

Net Assets:
+$8M
Operating Budget

$3.6M

Operating Budget by Year

Due Diligence

Are you a grantmaker?
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
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants

3

Median grant size
$16K
Largest grant received
$50K
L
Lerae Kinney
Board Member
K
Kallie Bard
Board Member
J
Julie Libby
Board Member

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.
Overview
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)