Maine Technology Institute

Fiscal year ending 2024. Filed on May 14, 2025.

16 Middle St 201
Street P O Box 9300
Portland, Maine 04101

Maine Technology Institute (EIN: 01-0529871) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Maine Technology Institute, a 501(c)(3) charitable organization, reported compensation for 2 out of 12 total employees. Among the employees shown here, the average compensation is $153,154. The highest compensated employee at Maine Technology Institute is Brian Whitney with fiscal year 2024 compensation of $173,474.

Revenue, expenses, and employee compensation

Revenue

$22,492,763

Expenses

$21,984,308

Employee compensation

$1,336,576
Revenue, expenses, and employee compensation over time

Mission Statement

The Institute, through a public and private partnership, shall encourage, promote, stimulate and support research and development activity leading to the commercialization of new products and services in Maine's technology-intensive industrial sectors to enhance the competitive position of those sectors and increase the likelihood that one or more of the sectors will support clusters of industrial activity and to create new jobs for Maine people. The Institute is one element of Maine's economic development strategy and will contribute to the long-term development of a statewide research, development and product deployment infrastructure.

Revisions to this organization profile

May 14, 2025:
2024 Maine Technology Institute 990 filed
July 11, 2024:
2023 Maine Technology Institute 990 filed
April 21, 2023:
2022 Maine Technology Institute 990 filed

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