2024-10-29T09:14:23-05:00 2023-12-31 390758449 WIPFLI LLP 30 LONG CREEK DRIVE SOUTH PORTLAND ME 041062437 990 2023-01-01 300036992 FOUNDATION FOR A STRONG MAINE ECONOMY FOUN 2076234568 128 STATE STREET SUITE 101 AUGUSTA ME 04330 ANDREA MAKER PRESIDENT 2076234568 2024-10-29 1 0 JULIA HOWLAND CPA P01711658 2077745701 2024-10-29 2023 2024-10-15 13:58:12Z FOCUSMAINE ANDREA MAKER 128 STATE STREET SUITE 101 AUGUSTA ME 04330 5387151 0 X WWW.FOCUSMAINE.ORG X 2002 ME SUPPORT AND STRENGTHEN MAINE ECONOMY THROUGH RESEARCH, EDUCATION, AND COMMUNICATION. 5 4 5 40 0 0 2132452 3218835 0 0 62704 21209 224 1425 2195380 3241469 1432707 2245912 0 0 460670 547590 0 0 35036 365212 686803 2258589 3480305 -63209 -238836 5180935 2200914 4514004 1762555 666931 438359 X PROMOTE A STRONG MAINE ECONOMY AND ENHANCE THE BUSINESS CLIMATE IN MAINE. 0 0 3136922 2245912 0 FOCUSMAINE IS A PRIVATE SECTOR-LED INITIATIVE TO ACCELERATE THE CREATION OF QUALITY JOBS IN MAINE BY INVESTING IN THREE OF MAINE'S MOST GLOBALLY COMPETITIVE AND HIGH-GROWTH FIELDS: AGRICULTURE, AQUACULTURE, AND BIOPHARMACEUTICALS. WE FOCUS ON TRADED JOBS, WHICH ARE CREATED BY SELLING MAINE'S GOODS AND SERVICES OUTSIDE OF THE STATE AND WHICH HAVE A JOB MULTIPLIER EFFECT IN THE LOCAL ECONOMY.[CONTINUED ON SCHEDULE O]AGRICULTURE AND AQUACULTURE - FOCUSMAINE SUPPORTS AND SCALES SMALL AND MEDIUM BUSINESSES IN PRODUCTION, SALES & MARKETING, AND FINANCE AND PLANNING WHILE BUILDING A NATIONAL REPUTATION AND AFFINITY FOR HIGH-QUALITY MAINE FOOD. THIS PROGRAM SUPPORTS BUSINESS GROWTH PLANS BY STAGE AND NEEDS AND HELPS MAINE BUSINESSES SELL MORE OF THEIR FOOD PRODUCTS OUTSIDE OF THE STATE. WORKFORCE DEVELOPMENT IS ALSO A CRITICAL COMPONENT OF THIS EFFORT.BIOPHARMACEUTICALS - OUR ROLE IS TO ESTABLISH MAINE AS THE PREFERRED DEVELOPMENT AND MANUFACTURING PARTNER TO THE WORLD'S LEADING LIFE SCIENCES R&D CENTER IN BOSTON/CAMBRIDGE. THIS STRATEGY FOCUSES ON BUILDING AN ATTRACTION PIPELINE OF BIOPHARMA AND LAB COMPANIES INTERESTED IN CALLING MAINE HOME AND ON BUILDING THE WORKFORCE THAT CAN HELP SUPPORT INDUSTRY EXPANSION.SKILLS & TALENT - FOCUSMAINE HELPS OUR SIGNATURE INDUSTRIES ATTRACT, TRAIN AND RETAIN THE TALENT THEY NEED TODAY AND BUILD THE TALENT PIPELINE THEY NEED FOR TOMORROW. THE FOCUSMAINE INTERNSHIP PROGRAM IS A CORNERSTONE OF THIS EFFORT, CONNECTING HUNDREDS OF CAREER-READY PROFESSIONALS WITH JOBS AND WITH DEVELOPMENT OPPORTUNITIES. 3136922 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 17 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X PGM ACCOUNTING LLC 2075414353 319 MAIN STREET BIDDEFORD ME 04005 ANDREA MAKER PRESIDENT, CO-CHAIR & CO-FOUNDER 40.00 X X 130000 0 0 MICHAEL BOURQUE TREASURER 1.00 X X 0 0 0 JOHN FITZSIMMONS SECRETARY 1.00 X X 0 0 0 DANA CONNORS MEMBER 1.00 X 0 0 0 MICHAEL DUBYAK MEMBER 1.00 X 0 0 0 DANA O'BRIEN PRESIDENT THRU 8/6/23 40.00 X 115609 0 5954 LEO WATERSTON PROGRAM DIRECTOR 40.00 X 132578 0 980 378187 0 6934 3 0 0 0 ANDREA CIANCHETTE MAKER 102 VAUGHAN STREET PORTLAND ME 04102 CONSULTING/GOVERNANCE 130000 1 401443 2817392 3218835 21209 21209 2145682 2145682 0 MISCELLANEOUS 541900 1425 1425 1425 3241469 0 0 22634 2083912 2083912 162000 162000 251562 226260 21689 3613 216298 144218 61786 10294 44850 35515 8002 1333 34880 27620 6223 1037 10000 10000 73756 73756 17250 17250 45314 45314 2248 1672 576 14306 6131 7624 551 26445 24341 1915 189 8345 8290 55 6051 6051 CONSULTANTS 352792 265939 75375 11478 COMMUNICATIONS 116767 113367 3400 OTHER 7088 1871 4612 605 PROJECT MANAGEMENT 5850 300 5550 591 35486 -35226 331 3480305 3136922 308347 35036 388709 234825 4460029 210204 279972 176372 52225 0 1579513 5180935 2200914 279320 375711 4234684 1386844 4514004 1762555 X 305327 221979 361604 216380 666931 438359 5180935 2200914 -238836 10264 0 X 0 1 X 1 0 X 146200 557919 628255 642588 384550 2359512 146200 557919 628255 642588 384550 2359512 581937 1777575 14779 6361 7654 1109 21209 51112 1900 540 224 1425 4089 2414713 0.73610 0.68760 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: YEAR 7 OF CASH INFUSION FOR IMPLEMENTATION PLAN DATE: 06/30/23 AMOUNT: 2432842. DESCRIPTION: YEAR 6 OF CASH INFUSION FOR IMPLEMENTATION PLAN DATE: 03/28/22 AMOUNT: 1489864. DESCRIPTION: YEAR 5 OF CASH INFUSION FOR IMPLEMENTATION PLAN DATE: 05/21/21 AMOUNT: 1858621. DESCRIPTION: YEAR 4 OF CASH INFUSION FOR IMPLEMENTATION PLAN DATE: 06/30/20 AMOUNT: 2202387. DESCRIPTION: YEAR 3 OF CASH INFUSION FOR IMPLEMENTATION PLAN DATE: 06/30/19 AMOUNT: 1811204. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 4223395 10264 971662 981926 3241469 0 3241469 4451967 971662 971662 3480305 0 3480305 1 MAINE AQUACULTURE ASSOCIATION 103 WATER STREET 4TH FLOOR HALLOWELL ME 04347 010375969 501(C)(4) 187769 0 AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN MAINE AQUACULTURE PROGRAMS MAINE CENTER FOR ENTREPENEURS PO BOX 8628 PORTLAND ME 04104 010510641 501(C)(3) 867935 0 AWARD TO INVEST IN BUSINESS ACCELERATION PROGRAMS DELIVERED BY MAINE CENTER FOR ENTREPRENEURS TO MAINE FOOD, BIOSCIENCE AND FOOD TECH COMPANIES COASTAL ENTERPRISES INC 30 FEDERAL STREET BRUNSWICK ME 04011 010347504 501(C)(3) 381934 0 AWARD TO COASTAL ENTERPRISES, INC TO INVEST IN BUSINESS GROWTH AND EXPANSION OF MAINE FOOD COMPANIES NEW ENGLAND OCEAN CLUSTER LLC 68 COMMERCIAL STREET BLDG CFL 2 PORTLAND ME 04101 371820751 N/A 33270 0 AWARD TO NEW ENGLAND OCEAN CLUSTER TO ATTRACT AND PROVIDE BUSINESS SUPPORT TO COMPANIES STARTING OPERATIONS IN MAINE EDUCATE MAINE 482 CONGRESS STREET SUITE 303 PORTLAND ME 04101 203559947 501(C)(3) 360110 0 AWARD TO EDUCATE MAINE TO INVEST IN PROVIDING EXPERIENTIAL PROGRAMS TO ATTRACT YOUNG PROFESSIONALS TO PURSUE CAREERS IN MAINE BIOME PO BOX 3362 PORTLAND ME 04104 010500056 501(C)(6) 7000 0 AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN BIOME PROGRAMS LIVE WORK MAINE 40 THORNHURST ROAD FALMOUTH ME 04105 845011060 501(C)(3) 100000 0 AWARD TO LIVE WORK MAINE TO BUILD TOOLS TO GROW THE WORKFORCE FOR MAINE FOOD COMPANIES NORTHEASTERN UNIVERSITY 360 HUNTINGTON AVE MAIL STOP 130BV BOSTON MA 02115 041679980 501(C)(3) 41926 0 AWARD TO NORTHEASTERN UNIVERSITY TO SUPPORT THE DEVELOPMENT OF A LIFE SCIENCE PROFESSIONAL NETWORK AND ASSET MAP THIRD SECTOR 89 SOUTH STREET SUITE 700 BOSTON MA 02111 042261109 501(C)(3) 14283 0 AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN THIRD SECTOR PROGRAMS OCEAN APPROVED INC DBA ATLANTIC SEA FARMS 20 POMERLEAU STREET BIDDEFORD ME 04005 205004644 N/A 9870 0 AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN ATLANTIC SEA FARMS ISLESBORO MARINE ENTERPRISES INC 127 MARSHALL COVE RD ISLESBORO ME 04848 010351537 N/A 10000 0 AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN MARINE ENTERPRISES FERDA FARMS 9 PINEFIELDS LANE BRUNSWICK ME 04011 830932413 N/A 10000 0 AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN FERDA FARMS THE WORLDS YOUR OYSTER LLC 291 FEDERAL ST WISCASSET ME 04578 921608526 N/A 10000 0 AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN THE WORLDS YOUR OYSTER AMERICAN UNAGI LLC 193 CLARKS COVE ROAD WALPOLE ME 04573 472865308 N/A 10000 0 AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN AMERICAN UNAGI LOVE POINT OYSTERS LLC 25 LOOKOUT DR FREEPORT ME 04032 823354337 N/A 10000 0 AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN LOVE POINT OYSTERS WILD OCEAN AQUACULTURE BANGS ISLAND MUSSELS 72 COMMERCIAL ST 15 PORTLAND ME 04101 273022334 N/A 10000 0 AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN WILD OCEAN AQUACULTURE WOLFE NECK OYSTER CO 72 COMMERCIAL ST BLDG 5 BOX 1 PORTLAND ME 04101 472547608 N/A 9815 0 AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN WOLFE NECK OYSTER THE MAINE OYSTER COMPANY LLC 47 WALLACE CIRCLE PHIPPSBURG ME 04562 822339306 N/A 10000 0 AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN THE MAINE OYSTER COMPANY 8 10 BUSINESS GROWTH AND JOB CREATION 1 162000 PART I, LINE 2: GRANTS ARE AWARDED THROUGH PROFESSIONAL SERVICES AGREEMENTS AND ARE PAID AS THE ENTITIES PERFORM SATISFACTORILY ON THE REQUIREMENTS OF THEIR AGREEMENTS. FORM 990, PART VI, SECTION A, LINE 2 ANDREA MAKER, BOARD CHAIR HAS A BUSINESS RELATIONSHIP WITH FOCUS MAINE. FORM 990, PART VI, SECTION A, LINE 6 THE INSTITUTE FOR A STRONG MAINE ECONOMY IS THE SOLE MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE INSTITUTE FOR A STRONG MAINE ECONOMY HAS THE POWER TO SELECT ALL BOARD MEMBERS OF THE ORGANIZATION, BASED ON A SLATE PROPOSED BY THE PRESIDENT OF THE ORGANIZATION AND THE THEN SERVING DIRECTORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER OF THE ORGANIZATION, THE INSTITUTE FOR A STRONG MAINE ECONOMY, HAS THE FOLLOWING RIGHTS AS IT RELATES TO GOVERNANCE DECISIONS: -SETTING THE NUMBER OF DIRECTORS SERVING ON THE BOARD, AND SELECTING AND REMOVING THE BOARD MEMBERS. -SELECTING THE OFFICERS OF THE ORGANIZATION. -ENTITLED TO VOTE ON SUCH MATTERS AS PROVIDED BY THE MAINE NONPROFIT CORPORATION ACT, 13-B M.R.S.A SECTION 101 ET SEQ. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY THE INDEPENDENT AUDITORS AS PART OF THE AUDIT ENGAGEMENT. THE DRAFT 990 IS REVIEWED BY THE CONTRACT CFO, WITH ADJUSTMENTS MADE AS NECESSARY. THE 990S ARE THEN FINALIZED, WITH DIGITAL COPIES PROVIDED TO THE BOARD, AND THEN FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REVIEWS THE CONFLICT OF INTEREST STATEMENT ANNUALLY AND IS ENDORSED BY EACH BOARD MEMBER. THE CONFLICT OF INTEREST POLICY OUTLINES THE STEPS THAT ARE NEEDED FOR MONITORING AND ENFORCING COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 MEMBERS OF THE FOCUSMAINE'S LEADERSHIP TEAM AND MEMBERS OF FOCUSMAINE'S BOARD WORKED WITH AN INDEPENDENT, PROFESSIONAL RECRUITMENT COMPANY TO ENSURE THAT THE COMPENSATION FOR OUR FIRST PRESIDENT WAS APPROPRIATE FOR THE COMPLEXITY OF THE ROLE AND COMPETITIVE IN THE REGIONAL AND NATIONAL MARKETPLACE. EXECUTIVE COMPENSATION IS REVIEWED ANNUALLY AS PART OF THE PERFORMANCE REVIEW PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. INSTITUTE FOR A STRONG MAINE ECONOMY 128 STATE STREET NO 101 AUGUSTA ME 04330 010541887 N/A ME 501(C)(6) MAINE STATE CHAMBER OF COMMERCE 0 MAINE STATE CHAMBER OF COMMERCE 128 STATE STREET NO 101 AUGUSTA ME 04330 010021545 SUPPORT AND STRENGTHEN MAINE BUSINESS ME 501(C)(6) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0