Maine International Trade Center

PORTLAND, ME EIN: 01-0509118 Website

To promote the expansion of Maine's economy through increased international trade in goods and services, and related activities.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$1.8M

-10.8% YoY

Annual Giving

$542K

+95.4% YoY

Grant Count

38

+46.2% YoY

Avg Grant Size

$14K

+33.7% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$569K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$1,842,642$2,065,967$1,240,638
Revenue$1,934,216$1,769,767$1,481,005
Expenses$2,069,006$1,897,833$1,480,431
Qualifying Distributions
Net Investment Income$251$224$327
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$135K$271K$406K$542K9 grants20207 grants202112 grants202226 grants202338 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Xodus Group Inc$103KCompotech Inc$28KDeepwater Buoyancy$26KKelson Marine$20KMallard Enterprises$18KMontalvo Corp$17KBlue Barn LLC dba Bluet$16KComfort Waters LLC dba T…$15KDemers Food Group Inc$15KGrimburg Less Lethal$15K

Grant Size Distribution

92 grants across all recorded years

91<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Kevin TherrienChair1
Jason LundyVice Chair & Treasurer1
Barbara RathsSecretary1
Sheila AdamsDirector1
James BeaupreDirector1
James CabotDirector1
Alyne Kemunto CistoneDirector1
David ColterDirector1
Katie JennetteDirector1
Adrian KendallDirector1
Doug SiskoDirector1
Jonathan WilcoxDirector1
Orlina BotevaPast Director1
Wade MerrittPresident40

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

3states

Cities

ArundelAuburnBathBiddefordBloomingtonBrewerBridgtonBrunswickCamdenEllsworthFreeportFryeburgGorhamHermonHoustonKennebunkKennebunkportMilbridgeNewcastleOrland

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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