Maine Development Foundation
Donations deductibleMaine Development Foundation's network
17 people19 organisationsi17 people and 19 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (17). Violet dotted lines (19) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
17 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 16 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Linda Ball Chair | Chair | 2021 | 5 yrs |
| Adam Shub | Director | 2022 | 4 yrs |
| Carlos Mello | Director | 2021 | 5 yrs |
| Catherine Wygant Fossett | Vice Chair | 2020 | 6 yrs |
| Dayton Benway | Director | 2023 | 3 yrs |
| Deborah Johnson | Director | 2018 | 8 yrs |
| Eric Soelberg | Director | 2019 | 7 yrs |
| Hannah Carter | Director | 2020 | 6 yrs |
| Jenny Kordick | Director | 2024 | 2 yrs |
| Kendra Coates | Director | 2023 | 3 yrs |
| Lisa Sockabasin | Director | 2021 | 5 yrs |
| Lori Dwyer | Director | 2019 | 7 yrs |
| Michael McKernan | Director | 2022 | 4 yrs |
| Nellie Albright | Director | 2024 | 2 yrs |
| Rick C Leonard | Treasurer | 2021 | 5 yrs |
| Theresa Cody | Director | 2022 | 4 yrs |
| Trampas Hutches | Director | 2023 | 3 yrs |
Officers and senior leadership
3 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Jan A Kearce | Sr Team Leader | since 2022 |
| Roseanna Vanadestine | Employee | 2023 |
| Yellow Light Breen | President & CEO | since 2018 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Yellow Light Breen | President & CEO | 40 | $171k | $32k | |
| Adam Shub | Director | 1 | $0 | ||
| Carlos Mello | Director | 1 | $0 | ||
| Catherine Wygant Fossett | Vice Chair | 1.5 | $0 | ||
| Dayton Benway | Director | 1 | $0 | ||
| Deborah Johnson | Director | 1 | $0 | ||
| Eric Soelberg | Director | 1 | $0 | ||
| Hannah Carter | Director | 1 | $0 | ||
| Kendra Coates | Director | 1 | $0 | ||
| Linda Ball | Chair | 2 | $0 | ||
| Lisa Sockabasin | Director | 1 | $0 | ||
| Lori Dwyer | Director | 1.5 | $0 | ||
| Michael McKernan | Director | 1.5 | $0 | ||
| Rick C Leonard | Treasurer | 2 | $0 | ||
| Theresa Cody | Director | 1.5 | $0 | ||
| Trampas Hutches | Director | 1 | $0 | ||
| Nellie Albright | Director | 1 | $0 | ||
| Jenny Kordick | Director | 1 | $0 |
About
- Legal name
- Maine Development Foundation
- EIN
- 010355563
- Address
- Po Box 3, Augusta, ME, 04332-0003
- State
- Maine
- Mission
- The mission of the Maine Development Foundation is to foster sustainable, long-term economic growth for Maine. Its programs stimulate new ideas, help develop Maine's leaders, and provide common ground for solving problems and advancing important issues. (as filed on the Form 990)
- Activity (NTEE)
- S30Z Community improvement and capacity building
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 5 (IRS master file code)
- Formed
- 1978
- Principal officer
- Yellow Breen (as named on the Form 990)
- IRS ruling date
- 1 August 1978
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsDeborah Johnson
≥7years on the filingsEric Soelberg
≥7years on the filingsLori Dwyer
≥6years on the filingsCatherine Wygant Fossett
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $970k
- Total liabilities
- $934k
- Net assets or fund balances
- $35k
- Contributions and grants received
- $1.7m
- Program service revenue
- $1.2m
- Grants and similar paid out
- $557k
- Employees
- 16
- Volunteers
- 150
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $3m | $3m | Deficit $36k |
As filed on the IRS Form 990. US dollars.
Grants paid
15 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Ellsworth Historical Society | Economic Development | $192k |
| Colonial Theater Inc | Economic Development | $160k |
| Our Katahdin | Economic Development | $41k |
| Sunrise County Economic Council | Economic Development | $32k |
| 60 Lowell Street LLC | Economic Development | $25k |
| Town of Lincoln | Economic Development | $20k |
| Augusta Downtown Alliance | Economic Development | $10k |
| Town of Houlton | Economic Development | $9k |
| Main Street Bath | Economic Development | $8k |
| Porter Memorial Library | Economic Development | $8k |
| Rockland Main Street Inc | Economic Development | $8k |
| Gardiner Main Street | Economic Development | $8k |
| Discover Downtown Westbrook | Economic Development | $8k |
| Heart of Biddeford | Economic Development | $8k |
| Our Town Belfast | Economic Development | $5k |