CEI INVESTMENT NOTES INC
30 FEDERAL STREET, BRUNSWICK, ME 04011 www.ceimaine.org

Total Revenue
$298,022
Total Expenses
$388,247
Net Assets
$-332,308

Organizations Filed Purposes: TO HELP CREATE ECONOMICALLY AND ENVIRONMENTALLY HEALTHY COMMUNITIES IN WHICH ALL PEOPLE, ESPECIALLY THOSE WITH LOW INCOMES, CAN REACH THEIR FULL POTENTIAL.

AS OF SEPTEMBER 30, 2016, CINI HAD RAISED $6.811 MILLION IN CAPITAL AND APPROVED A TOTAL OF $7.9 MILLION IN 67 LOANS. THE PROJECTS FINANCED PROVIDED ECONOMIC, SOCIAL AND ENVIRONMENTAL BENEFITS TO NORTHEAST COMMUNITIES. WHILE THESE PROJECTS ARE PRIMARILY LOCATED IN THE MAINE COUNTIES OF WASHINGTON, LINCOLN, KENNEBEC, PENOBSCOT, OXFORD, WALDO, YORK, ANDROSCOGGIN, PISCATAQUIS AND CUMBERLAND. THEIR BENEFITS ARE MUCH BROADER THAN THE IMMEDIATE GEOGRAPHY. OVERALL, THESE PROJECTS CREATED/RETAINED 2,241 JOBS; PROVIDED OWNERSHIP OPPORTUNITIES FOR 20 WOMEN AND MINORITY BUSINESS OWNERS; CREATED/PRESERVED 68 UNITS OF AFFORDABLE HOUSING; CREATED CHILD CARE SLOTS FOR 210 LOW INCOME FAMILIES; AND EDUCATIONAL, THERAPEUTIC, EMPLOYMENT AND HEALTH SERVICES TO MORE THAN 39 OTHER LOW INCOME CLIENTS. IN ADDITION, THESE PROJECTS PROVIDED A RANGE OF ENVIRONMENTAL BENEFITS TO THOSE WITH LOW INCOMES, INCLUDING GREEN CONSTRUCTION; GREEN CLEANING SERVICES, ALTERNATIVE ENERGY; SUSTAINABLE AGRICULTURE; SUPPORT FOR LOCAL FOOD SYSTEMS; GROWSMART DEVELOPMENT; REDUCTION OF ENERGY CONSUMPTION; AND WASTE REDUCTION.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Chip NewellDIRECTOR1$0
Elizabeth RogersSECRETARY1$0
Corenna HowardTREASURER1$0
Kenneth SpirerDIRECTOR1$0
John EganVICE PRESIDENT1$0
David BennellDIRECTOR1$0
Ronald L PhillipsCHAIRMAN1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201712279349302956_public.xml