2026-04-02T17:52:50-05:00 2025-06-30 010523282 Berry Dunn McNeil & Parker LLC 23 Water Street Suite 101 Bangor ME 04401 990 2024-07-01 010546258 Central Maine Growth Council CENT 2076807300 50 Elm St Waterville ME 04901 Kimberly Lindlof Executive Director 2076807300 2026-04-01 1 1 Melissa Magoon CPA P01712842 2079421600 2026-04-01 2024 2025-03-06 01:10:19Z Kimberly Lindlof 50 Elm St Waterville ME 04901 1704058 0 X www.centralmaine.org X 2001 ME The Growth Council was established to foster a robust regional economy in a collaborative manner in a mult-town community. 16 16 8 20 0 0 1703926 1605026 38546 47730 15158 51302 0 0 1757630 1704058 509823 104150 0 0 223022 830412 0 0 0 670609 232375 1403454 1166937 354176 537121 1376024 1616088 512435 215378 863589 1400710 X The Growth Council was established to foster a robust regional economy in a collaborative manner in a mult-town community. 1 1 Central Maine Growth Council was established to foster a robust regional economy in a collaborative manner in a multi-town community. It provides business counseling, assists business in getting financial resources and incentives, and partners with other organizations in the community. 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 18 0 1 8 1 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Nicole Timmins 2076807300 50 Elm Street Waterville ME 04901 Don Plourde Chair 2.00 0.00 X X 0 0 0 Dave Roy Vice Chair 2.00 0.00 X X 0 0 0 Jamie Boulette Treasurer 2.00 0.00 X X 0 0 0 Mike Runser Secretary 2.00 0.00 X X 0 0 0 Cathy Bourque Director 1.00 0.00 X 0 0 0 Randy Clark Director 1.00 0.00 X 0 0 0 Elizabeth Fortin Director 1.00 0.00 X 0 0 0 Michelle Flewelling Director 1.00 0.00 X 0 0 0 Chris Gaunce Director 2.00 0.00 X 0 0 0 Cornell Knight Director 1.00 0.00 X 0 0 0 Noah Perry Director 1.00 0.00 X 0 0 0 Liz Menard Director 1.00 0.00 X 0 0 0 Kelly Pinney-Michaud Director 1.00 0.00 X 0 0 0 Jennifer Seekins Director 1.00 0.00 X 0 0 0 Steve Soucy Director 1.00 0.00 X 0 0 0 Jeannine Uzzi Director 1.00 0.00 X 0 0 0 Ella Bowman Past Director 1.00 0.00 X 0 0 0 Trista Costigan Past Director 1.00 0.00 X 0 0 0 Chris Farrar Past Director 1.00 0.00 X 0 0 0 Bryan Kaenrath Past Director 1.00 0.00 X 0 0 0 Laurie Lachance Past Director 1.00 0.00 X 0 0 0 Paul Stein Past Director 1.00 0.00 X 0 0 0 Garvan Donegan President & CEO 50.00 5.00 X 167378 0 17560 Kimberly Lindlof Executive Director 7.75 47.25 X 29995 0 127 Nicole Timmins Controller of Grants & Finance 45.00 1.00 X 72210 0 20496 269583 0 38183 1 0 1 0 0 119194 1323547 162285 1605026 Property Management Re 900099 35730 35730 FTZ AF Zone Fees 900099 12000 12000 47730 51302 51302 1704058 47730 0 51302 104150 307766 446545 13951 8154 53996 19179 681 42477 481 7120 19886 51443 8369 7845 973 5460 Pitch Contest Expenses 30020 Misc Expenses 29201 Wifi Expenses 9240 1166937 X 0 0 1148828 1427086 129683 128433 27700 13050 9876 21650 24752 23049 2676 1703 53243 19969 4018 4197 1376024 1616088 52148 82187 406940 113196 53347 19995 512435 215378 X 840698 1373819 22891 26891 863589 1400710 1376024 1616088 537121 0 X 0 1 X 1 1 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24752 23049 1703 1703 Operating Lease 19995 19995 X 1758615 54557 54557 1704058 0 1704058 1221494 54557 54557 1166937 0 1166937 Part X, Line 2: The Organization is a not-for-profit organization, that under the provisions of tax code Section 501(c)(6), is exempt from federal and state income taxes. The Organization is not classified as a private foundation. Management evaluated the Organization's tax positions and concluded that the Organization had taken no uncertain tax positions that required adjustment to the financial statements. The Organization does not expect that unrecognized tax benefits or liabilities arising from tax positions will change significantly within the next twelve months. Part XI, Line 2d - Other Adjustments: In-Kind Donations 54,557. Part XII, Line 2d - Other Adjustments: In-Kind Donation 54,557. 1 Absolem Cider Company 799 Winthrop Center Rd Winthrop ME 04364 844632214 Other 25000 0 State of Maine-Economic Recovery Implementation Grant Program Land & Furrow LLC 33 Elm Street Skowhegan ME 04976 852335148 Other 45000 0 State of Maine-Economic Recovery Implementation Grant Program China Lake Provisions LLC 9 Main Street China Village ME 04926 934665739 Other 25000 0 State of Maine-Economic Recovery Implementation Grant Program The Two Cent LLC 161 Highland Ave Gardiner ME 04345 851327954 Other 9150 0 State of Maine-Economic Recovery Implementation Grant Program 0 4 Part I, Line 2: Central Maine Growth Council (CMGC) offers grants to new businesses through the State of Maine Economic Recovery Implementation Hub (ERIH) grant program. This has a performance period of 01/20/23-02/28/25. CMGC operational activities and standards align with 2 CFR 200 and all additional federal or state statutory requirements tied to this particular funding source (e.g. SLFRF). In addition to this, CMGC employs a standardized intake, client management, and reporting process for grant processing which produces concurrent client and/or project-specific technical assistance. Intake process: Collection of baseline data, NAICS codes, internal policies, and key business info. Allows for proper vetting, project team assignment, and quality control of potential applicants. Through individual scoping meetings the CMGC team is able to provide education on grant program eligibility, scoring criteria, and regulatory requirements ensuring a higher rate of qualified grant applicants from the outset. Application & Scoring: Businesses meeting the eligibility requirements of the ERIH grant program are welcome to submit an application through CMGC portal requesting amounts between $5,000 and $49,000. Eligibility requirements are: 1) engage in operations on or after January 2020 2) Located in Somerset and Kennebec counties 3) Registered to do business with the State of Maine 4) can illustrate a negative impact from Covid-19. Once an application is submitted and deemed complete, CMGC grant scoring committee reviews all provided documents and completes individual scoring based on our standardized rubric. If an application is considered incomplete, the program team will reach out to the applicant with a request for additional information. If an application is deemed awardable, notice goes out within 7 days of the decision, and a check is mailed to the provided business headquarters address within 14 days. If an application is considered ineligible or did not score high enough for award, a decline letter is mailed to the provided business headquarters address within 7 days of decision. Technical Assistance: CMGC's program team provides technical assistance including business planning, site planning, accessing sources of public capital and incentives, workforce development, and PR & Marketing. These complementing resources when layered into the standardized intake vetting and quality control process ensures that qualified candidates are applying with sufficient access to resources, placing them in the best position to succeed in their projects. Reporting: Upon application submission, Grantees attest to complying with all required federal, state, local, and administrative requirements outlined in CMGC's grant program guidance document. This includes agreeing to participate in regular reporting on the status and impact of the grant award. Grantees are sent reporting requests in 6 month increments where they are required to provide updates on the operational status, success, challenges, economic and community impact of their grant awards. X X X X 0 0 0 Garvan Donegan President & CEO 152823 0 3565 0 10990 0 6779 0 10781 0 184938 0 0 0 Form 990, Part VII, Officers Compensation During 2024, Kimberly Lindlof, Executive Director, Garvan Donegan, President & CEO, and Nicole Timmins, Controller of Grants & Finance compensation transitioned away from the Mid-Maine Chamber of commerce and received W-2s from Central Maine Growth Council. Form 990, Part III, line 2 Central Maine Growth Council took on a new federally funded grant project, being designated as the only SBIR resource center for the state of Maine, under the SBA. Form 990, Part III, line 3 Central Maine Growth Council concluded the ARPA funded ERIH grant through the state of Maine, which provided the grant funding to beneficiaries throughout the community. We are continuing with the technical assistance portion for businesses of the project though, as that is one of the services we provide to our community, regardless of the grant. Form 990, Part VI, Section A, line 6 The members of the Council are the four municipalities in the Council's service area. Form 990, Part VI, Section B, line 11b The 990 is reviewed and approved by the Board of Directors before it is signed and filed. Form 990, Part VI, Section B, line 12c Conflicts of interest are disclosed to the Board and compliance with the policy is routinely monitored and enforced. Form 990, Part VI, Section B, line 15 CMGC follows a structured governance process for executive compensation, including CEO, Executive Director and top management official. Compensation is initially recommended by the Executive Board and leadership team and submitted to the full Board for final approval. The Board and Executive Committee deliberate on the organizational budget multiple times annually. This culminates in the formal adoption of the annual budget, which serves as official record of Board approved compensation levels and fiscal strategy. CMGC benchmarks annual salary adjustments in the 3-6% range to remain aligned with market conditions and grant commitments. All proposed salary increases are reviewed during the budget creation phase in consultation with the Executive Board and are recommended to the Full Board for final approval, ensuring that compensation decisions remain consistent with both organizational performance and funding requirements. Garvan Donegan (Officer in 2024) is compensated under a standing agreement established in 2023 between the Bill and Joan Alfond Family Foundation and CMGC. The agreement includes a defined salary schedule with annual adjustments at the start of each Fiscal Year. Each July, the Controller processes the corresponding Payroll Change form reflecting the scheduled increase, which is then reviewed and approved by the Executive Director. The contract is reviewed annually by the Controller to ensure all organizational obligations are met. When adjustments are required, the updated calculations are prepared and presented to the Executive Board and the Executive Director for final review and approval, in accordance with CMGC's funding agreements. This process and contract specific to Garvan Donegan are in place until the end of FY 2028. Form 990, Part VI, Section C, line 19 Governing documents are made available to the public upon written request of the Executive Director. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Central Maine Growth Council 50 Elm Street Waterville, ME 04901 EIN: 01-0546258 Central Maine Growth Council is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Central Maine Community Betterment 50 Elm Street Waterville ME 04901 842985363 Community Support ME 501(c)(3) Line 7 Central Maine Growth Council and Mid-Maine Chamber of Commerce 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 Central Maine Community Betterment C 107088 Cash Received