Compensation 990

Coastal Enterprises Inc.

Fiscal year ending 2024. Filed on August 15, 2025.

30 Federal Street
100
Brunswick, Maine 04011

Coastal Enterprises Inc. (EIN: 01-0347504) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Coastal Enterprises Inc., a 501(c)(3) charitable organization, reported compensation for 9 out of 78 total employees. Among the employees shown here, the average compensation is $185,442. The highest compensated employee at Coastal Enterprises Inc. is Elisabeth Biemann with fiscal year 2024 compensation of $296,330.

Revenue, expenses, and employee compensation

Revenue

$39,919,564

Expenses

$23,726,709

Employee compensation

$8,416,542
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋14.3%vs 2023
Elisabeth Biemann
Chief Executive Officer
$296,330
$258,235 from orgNo related comp$38,095 other
－0.9%vs 2023
Keith Bisson
President
$230,622
$219,647 from orgNo related comp$10,975 other
＋93.2%vs 2023
Teresa Jankovic
Chief Financial Officer and Treasurer
$205,842
$185,027 from orgNo related comp$20,815 other
＋7.6%vs 2023
Daniel Wallace
Chief Investment Officer
$176,242
$154,214 from orgNo related comp$22,028 other
＋5.8%vs 2023
Jennifer Sporzynski
Senior Vice President, Workforce and Business Development
$173,846
$127,305 from orgNo related comp$46,541 other
－2.4%vs 2023
Colleen Ippolito
Senior Vice President, HR and Office Admin/Secretary
$163,052
$113,504 from orgNo related comp$49,548 other
＋2.5%vs 2023
Laura Buxbaum
Senior Vice President, Policy and Resource Development
$162,139
$111,783 from orgNo related comp$50,356 other
＋3.7%vs 2023
Thomas P Burnham
Director of LOAN Quality A
$132,219
$107,416 from orgNo related comp$24,803 other
New in 2024
Kelsie Bouchard
Director, CEI Notes and Portfolio Management
$128,682
$107,432 from orgNo related comp$21,250 other

Non-Employee Board Members

Adler Prioly
Director
Angela T Butler
Director
Beth Mattingly
Director
C Shawn Yardley
Director
Catherine van Dusen Godschalk
Vice Chair
Charles J Rudelitch, Esq
Director
Chip Newell
Outgoing Director
Dan Belyea
Director
Debby Miller
Outgoing Director
Devin Cook
Director
Francis Lutz
Director
Ian Yaffe
Outgoing Director

Mission Statement

CEI INTEGRATES FINANCING, SMALL BUSINESS AND INDUSTRY EXPERTISE, AND POLICY SOLUTIONS TO GROW A VIBRANT FUTURE FOR PEOPLE AND COMMUNITIES IN MAINE AND RURAL REGIONS.

Other organizations also named Coastal Enterprises

Coastal Enterprises of Jacksonville Inc.
Jacksonville, North Carolina

Revisions to this organization profile

August 15, 2025:
2024 Coastal Enterprises Inc. 990 filed
August 15, 2024:
2023 Coastal Enterprises Inc. 990 filed
August 15, 2023:
2022 Coastal Enterprises Inc. 990 filed

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