2012-08-08T07:34:27-07:00 2011-09-30 Macdonald Page & Co LLC 30 Long Creek Dr South Portland ME 04106 990 2010-10-01 010347504 COASTAL ENTERPRISES INC COAS 2078827552 PO BOX 268 WISCASSET ME 04578 Jacqueline wardell 2012-08-08 Peter Montano 2077745701 2010 2016-02-24 21:20:13Z 13566824 false false X ceimaine.org X 1977 ME To help create economically and environmentally healthy communities in which all people, especially those with low incomes, can reach their full potential. 19 19 87 19 0 962485 614156 10630563 12639010 139816 194221 113390 114436 11846254 13561823 36609 0 0 5229411 5982258 0 55952 4798884 4627510 10064904 10609768 1781350 2952055 48640925 55566688 23739444 28668303 24901481 26898385 To help create economically and environmentally healthy communities in which all people, especially those with low incomes, can reach their full potential. false false 9320561 12753446 To help create opportunities for communities and individuals, especially those with low incomes, by developing and administrering programs and mobilizing funds to stimulate economic activity through investment, technical assistance, research and education primarily in small businesses, social services, affordable housing and community facilities. 9320561 true true false true false false false false false false true true false false true false false true false false false false false false false false false false false false false false false false false false true false true false false false false false false false true true true false false true 28 0 true 87 true false false false false false false false false false false false 0 false false false false false false false false false false false X 19 19 false false false false true true false true true false false false true true true true true true true true true true X jacqueline wardell CFO 2078827552 PO BOX 268 WISCASSET ME 04578 William Dehais 1.00 X 0 0 0 Susan Inches 1.00 X X 0 0 0 RONALD L PHILLIPS 40.00 X 109200 0 14253 Robert Gardiner 1.00 X 0 0 0 Peter Pitegoff 1.00 X 0 0 0 Patricia Finnigan 1.00 X 0 0 0 Michael Finnegan 40.00 X 81892 0 12292 Michael Coughlin 1.00 X 0 0 0 Mark Millar 1.00 X 0 0 0 Lee Webb 1.00 X 0 0 0 LAURA FoYE 1.00 X 0 0 0 Jacqueline wardell 40.00 X 96629 0 13479 Erin Cooperrider 1.00 X 0 0 0 Ellen Seidman 1.00 X 0 0 0 Dwight Havey 1.00 X 0 0 0 Donna Loring 1.00 X 0 0 0 Deborah Burd 1.00 X 0 0 0 David Vail 1.00 X 0 0 0 David Bennell 1.00 X 0 0 0 Cynthia Mildred Duncan 1.00 X 0 0 0 Annee Tara 1.00 X X 0 0 0 Ann Naimie 1.00 X 0 0 0 Alice hudyberdi 35.00 X 43269 0 7081 330990 47105 1 false false false Macdonald Page & Co LLC 30 Long Creek Drive South Portland ME 04106 audit and tax 100452 1 614156 614156 INTEREST ON LOANS 525990 1382575 1382575 FEE INCOME 525990 4849823 4849823 Coastal Ventures II, LLC 525990 374931 374931 CEI Capital Mngmnt LLC 525990 6538556 6538556 22 Park Street, LLC 531110 99050 99050 -605925 -605925 12639010 167624 167624 0 0 38228 38228 38228 38228 31598 5001 26597 26597 26597 0 0 0 MISCELLANEOUS 900099 23366 23366 Bad Debt Recovery 900099 27950 27950 Annual Meeting 900099 24845 24845 47 47 76208 13561823 12753446 194221 0 0 0 0 378095 313628 61668 2799 0 4422860 3668763 721369 32728 0 1181303 979890 192671 8742 0 0 171233 171233 100452 100452 30813 30813 0 0 76706 63628 12511 567 31322 25982 5108 232 0 111447 92446 18176 825 0 200102 165985 32637 1480 256536 212797 41840 1899 0 77498 64284 12640 574 588537 588537 0 62249 51635 10153 461 237734 197201 38774 1759 Telephone 109217 90596 17813 808 Technical Assistance 325996 325996 Reserve for loan losses - CEI 1637775 1637775 ida match 103614 103614 bad debt expense 154755 128370 25241 1144 351524 306936 42654 1934 10609768 9320561 1233255 55952 282384 2577007 13202788 16509927 1213510 1039846 2665104 558465 95588 83151 0 19203574 20004481 0 59613 45396 4683780 2168175 2511494 2515605 0 7886222 10620383 0 0 1520648 1612427 48640925 55566688 514784 564017 1295949 1084904 21897127 27005022 31584 14360 23739444 28668303 X 17361207 20321545 4584087 3620653 2956187 2956187 24901481 26898385 48640925 55566688 X 2952055 -955151 X false true true X true true X 1921455 819557 672318 962485 619745 4995560 0 0 1921455 819557 672318 962485 619745 4995560 977877 4017683 302698 216180 215271 140432 167624 1042205 0 230631 164391 371283 -342919 423386 6461151 48652127 0.62180 0.64110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 30813 30813 9289748 9320561 616028 154007 false 645795 602047 591241 616028 2455111 3682667 22905 28833 11035 30813 93586 161449 150512 147810 154007 613778 920667 540434 540434 4133850 2168175 1965675 9496 9496 2515605 10620383 Security Deposits 14360 14360 13561823 10609768 2952055 -955151 -955151 1996904 12645475 -955151 38803 -916348 13561823 13561823 10648571 38803 38803 10609768 10609768 Capricorn Products LLC (see Part V) X 100000 83151 false true true 83151 Susan Inches BOD member 11601 consulting services false Schedule L, Part IISBA Loan for $100,000 to Capricorn Products LLC. The husband of the president of this entity is both a CEI & Capricorn Products board member. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The Annual report is available on our website.We do not currently make our governing documents or conflict of interest available to the public. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The CEO's compensation is set by the Board of Directors. The Board also approves the annual budget, which includes the compensation budget.An independent consultant was hired in 2009 to perform a company-wide compensation analysis. The consultant reviewed all job descriptions and their respective grades with the responsible manager. The consultant compared our jobs to a base of comparable jobs in the area. Upon completion of this review, CEI's salary range for each job grade was set in accordance with the ranges of the comparable area jobs.The consultant reported her findings and presented her recommendations to the management team and the board. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Directors are requested to sign an annual statement which affirms that there are no conflicts of interest. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process CEI's Form 990 is thoroughly reviewed by the Director of Finance and Administration and the Chief Financial Officer. The return is then presented to the audit committee of the Board of Directors by the Chief Financial Officer. The Committee reviews and discusses the Form 990 and related schedules. Upon satisfactory completion of the Committee's review, a resolution is passed authorizing the Chief Financial Officer to sign the Form 8879-EO. A final draft is then distributed to the full board before filing the return. The return is then filed electronically. Form 990, Part VI, Line 6 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder They are a self-selected group who want to support CEI by becoming members. CEI investment notes inc 36 water st wiscasset ME 04578 261267370 financing investments ME 501(c)(3) 7 CEI false Wiscasset Regional Development Corp 485 Chewonki Neck Road Wiscasset ME 04578 300220853 Empl. opport. in Wiscasset area ME 501(c)(3) 7 NA false CEI HOUSING INC 36 Water St PO Box 268 Wiscasset ME 04578 223080013 Low income housing ME 501(c)(3) 9 CEI false Coastal Ventures III LP 2 portland fish pier ste 201 Portland ME 04101 262795010 venture cap DE CVI RELATED false false 0.0784 CEI Community Ventures Fund LLC 2 portland fish pier ste 201 Portland ME 04101 010543608 venture cap ME CCVI RELATED -617084 1166844 false false 0.2507 Coastal Ventures LP 2 portland fish pier ste 201 Portland ME 04101 010508166 venture cap ME CVI RELATED 19086 1057396 false false 0.4726 Coastal Ventures II LLC 2 portland fish pier ste 201 Portland ME 04101 010538818 venture cap ME CVI RELATED 375892 1629762 false false 0.167 CEI Capital Management LLC 2 portland fish pier ste 201 Portland ME 04101 460496505 Investments ME CEI RELATED 6558051 7502775 false true 1 Market Square Housing LP 36 Water St PO Box 268 Wiscasset ME 04578 203866663 Low inc hou ME HSI RELATED false false 1 22 Park Street LLC 36 Water St PO Box 268 Wiscasset ME 04578 203868223 Low inc hou ME CHI RELATED 99052 -10294 false false 1 Riverpark Associates LP 36 Water St PO Box 268 Wiscasset ME 04578 010493806 Low inc hou ME CHI RELATED -3718 58106 false false 1 Gilman Place Inc 36 Water St PO Box 268 Wiscasset ME 04578 263748761 Low inc housing ME CEI C corp 833 1087 1.00000 Birch Hill Inc 36 Water St PO Box 268 Wiscasset ME 04578 261265392 Low inc housing ME CEI C corp 19251 675 1.00000 CEI Community Ventures Inc 2 portland fish pier ste 201 Portland ME 04101 010543607 venture capital investment ME CEI C corp 340421 118190 1.00000 CEI Ventures Inc 2 portland fish pier ste 201 Portland ME 04101 010492380 venture capital investment ME CEI C corp 395229 225514 1.00000 Houlton Square Inc 36 Water St PO Box 268 Wiscasset ME 04578 271193231 Low inc housing ME CEI C corp 10 1.00000 Pond Circle Inc 36 Water St PO Box 268 Wiscasset ME 04578 010547370 Low inc housing ME CEI C corp -10 80 1.00000 Coastal Community Housing Inc 36 Water St PO Box 268 Wiscasset ME 04578 010546740 Low inc housing ME CEI C corp 9590 484566 1.00000 BC Housing Inc 36 Water St PO Box 268 Wiscasset ME 04578 412028826 Low inc housing ME CEI C corp -9 485 1.00000 true true false true false false false false true false true false true true false false false false CEI Capital Management LLC k 1423661 Market Square Housing LP a 16008 22 Park Street LLC b 698000 Riverpark Associates LP a 3140 CEI HOUSING INC k 56079 CEI HOUSING INC d 282445 CEI HOUSING INC b 92003 CEI HOUSING INC a 61920