2021-10-06T11:44:16-05:00 2020-12-31 390758449 WIPFLI LLP 30 LONG CREEK DRIVE SOUTH PORTLAND ME 041062437 990 2020-01-01 300036992 FOUNDATION FOR A STRONG MAINE ECONOMY FOUN 2076234568 128 STATE STREET SUITE 101 AUGUSTA ME 04330 ANDREA MAKER BOARD CHAIR 2076234568 2021-07-28 1 ANDREA MAKER 999009999 NICK CROSMAN P01498238 2077745701 2021-07-28 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z ANDREA MAKER 128 STATE STREET SUITE 101 AUGUSTA ME 04330 2768567 0 X N/A X 2002 ME SUPPORT AND STRENGTHEN MAINE ECONOMY THROUGH RESEARCH, EDUCATION, AND COMMUNICATION. 5 5 2 43 0 0 1957404 2760306 0 0 14779 6361 0 1900 1972183 2768567 1779573 1983083 0 0 234175 286067 0 36500 97977 221385 321151 2235133 2626801 -262950 141766 2303495 1636067 1949250 1140056 354245 496011 X PROMOTE A STRONG MAINE ECONOMY AND ENHANCE THE BUSINESS CLIMATE IN MAINE. 0 0 2288212 1983083 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. 2288212 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X PGM ACCOUNTING LLC 2075414353 319 MAIN STREET BIDDEFORD ME 04005 ANDREA MAKER BOARD CHAIR 1.00 X X 0 0 0 DANA CONNORS VICE CHAIR 1.00 X X 0 0 0 MICHAEL DUBYAK VICE CHAIR 1.00 X X 0 0 0 CLIFTON GREIM TREASURER 1.00 X X 0 0 0 JOHN FITZSIMMONS MEMBER 1.00 X 0 0 0 KIMBERLY HAMILTON PRESIDENT & SECRETARY 40.00 X 190817 0 30757 190817 0 30757 1 0 1 0 0 20825 2739481 2760306 6361 6361 MISCELLANEOUS 541900 1900 1900 1900 2768567 1900 0 6361 1983083 1983083 220079 159961 24759 35359 51300 37287 5771 8242 14688 10676 1652 2360 17498 17498 2849 2849 87087 87087 36500 36500 5000 5000 3241 2911 330 2436 2436 635 3 55 577 1856 723 1133 4541 4541 PROJECT MANAGEMENT 146818 73612 64120 9086 CONSULTANTS 47643 14000 32003 1640 TELEPHONE 850 850 BANK FEES 697 499 198 3867 -7552 3685 2626801 2288212 240612 97977 138082 33386 1448049 1397855 82500 159855 0 3471 634864 41500 1013 1013 0 0 2303495 1636067 44096 242407 1905154 897649 1949250 1140056 X 271745 351156 82500 144855 354245 496011 2303495 1636067 141766 0 X 0 1 X 1 0 X 293213 759640 560346 146200 557919 2317318 293213 759640 560346 146200 557919 2317318 796965 1520353 226 4406 14779 6361 25772 150 12848 1900 14898 2357988 0.64480 0.59610 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: 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. DESCRIPTION: YEAR 2 OF CASH INFUSION FOR IMPLEMENTATION PLAN DATE: 06/30/18 AMOUNT: 1080329. DESCRIPTION: YEAR 1 OF CASH INFUSION FOR IMPLEMENTATION PLAN DATE: 05/05/17 AMOUNT: 925684. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1013 1013 0 0 2957876 189309 189309 2768567 0 2768567 2816110 189309 189309 2626801 0 2626801 1 SOCIAL CAPITAL 980 N MICHIGAN AVE SUITE 1610 CHICAGO IL 60611 FUNDRAISING STRATEGY AND COMMUNICATION MATERIALS 0 0 36500 -36500 36500 -36500 ME 1 GULF OF MAINE RESEARCH INSTITUTE 350 COMMERCIAL STREET PORTLAND ME 04101 010504905 501(C)(3) 358967 AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN MAINE AQUACULTURE PROGRAMS MAINE AQUACULTURE ASSOCIATION 103 WATER STREET 4TH FLOOR HALLOWELL ME 04347 010375969 501(C)(4) 254291 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) 534585 AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN MAINE AGRICULTURE PROGRAMS COASTAL ENTERPRISES INC 30 FEDERAL STREET SUITE 100 BRUNSWICK ME 04011 010347504 501(C)(3) 268835 AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN MAINE AGRICULTURE PROGRAMS MAINE & CO PO BOX 7462 PORTLAND ME 04101 010504259 100116 AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN MAINE AQUACULTURE PROGRAMS EDUCATE MAINE 482 CONGRESS STREET SUITE 303 PORTLAND ME 04101 203559947 501(C)(3) 171205 AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN MAINE KNOWLEDGE WORKER PROGRAMS AVIGO SOLUTIONS 1500 DISTRICT AVENUE BURLINGTON MA 01803 474469421 108314 AWARD TO ACCELERATE GROWTH AND INVESTMENT IN BIOPHARMA AND LIFE SCIENCES INITIATIVES IN MAINE ETHOS MARKETING & DESIGN 17 ASH STREET WESTBROOK ME 04092 822644337 59265 DEVELOP A COMMUNICATIONS STRATEGY TO GROW THE AQUACULTURE INDUSTRY IN MAINE LIVE AND WORK IN MAINE PO BOX 7489 PORTLAND ME 04112 475492209 19933 DEVELOP AND IMPLEMENT PROGRAMS TO ATTRACT AND RETAIN WORKERS IN SIGNATURE INDUSTRIES SATISH TADIKONDA 1 DUBLIN CIRCLE BURLINGTON MA 01803 480152887 54000 AWARD TO ACCELERATE GROWTH AND INVESTMENT IN BIOPHARMA AND LIFE SCIENCES INITIATIVES IN MAINE BIOME 2 PORTLAND FISH PEIR SUITE 204 PORTLAND ME 04104 010500056 45078 AWARD TO ACCELERATE GROWTH AND INVESTMENT IN BIOPHARMA AND LIFE SCIENCES INITIATIVES IN MAINE VONT LLC 17 ASH STREET WESTBROOK ME 04092 261075633 8494 IMPLEMENT (IN PART) A COMMUNICATIONS STRATEGY TO GROW THE AQUACULTURE INDUSTRY IN MAINE 4 8 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. X X X 0 0 0 0 0 0 0 0 0 KIMBERLY HAMILTON PRESIDENT & SECRETARY 190817 0 0 0 0 0 19563 0 11194 0 221574 0 0 0 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 15A 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