Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
EIN 83-0879130 • 501(c)3 • Portland, ME
Profile
The center for regional prosperity will improve the quality of life for southern maine residents, with a focus on expanding economic opportunities, preserving natural resources, improving public health, and promoting education and planning efforts in support of greater regional prosperity.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
50th percentile
Higher net margin than 50% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
84th percentile
Faster asset growth than 84% of similar nonprofits.
Revenue Growth
84th percentile
Faster revenue growth than 84% of similar nonprofits.
Assets
Up$192,541
Up $60,719 (+46%) from 2023
Liabilities
Down$785
Down $131,037 (-99%) from 2023
Net Assets
Up$191,756
Up $191,756 from 2023
Revenue
Up$2,835,597
Up $2,710,095 (+2159%) from 2023
Expenses
Up$2,643,841
Up $2,520,364 (+2041%) from 2023
Net Income
Up$191,756
Up $189,731 (+9369%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The center for regional prosperity will improve the quality of life for southern maine residents, with a focus on expanding economic opportunities, preserving natural resources, improving public health, and promoting education and planning efforts in support of greater regional prosperity.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $131,822 | $192,541 | ▲ $60,719 |
| Total Assets | $131,822 | $192,541 | ▲ $60,719 |
| Liabilities | |||
| Deferred Revenue | $115,620 | - | - |
| Accounts Payable and Accrued Expenses | $16,202 | $785 | ▼ $15,417 |
| Total Liabilities | $131,822 | $785 | ▼ $131,037 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | - | $191,756 | - |
| Total Net Assets Fund Balance | $0 | $191,756 | ▲ $191,756 |
| Total Liabilities and Net Assets / Fund Balance | $131,822 | $192,541 | ▲ $60,719 |
| Name | Title |
|---|---|
| Jerre Bryant | President |
| Chris Hall | Director |
| Kristina Egan | Director |
| Matt Sturgis | Director |
| Peter Mills | Director |
| Pious Ali | Director |
| Ed Suslovic | Secretary/tr |
| Line Item | Amount |
|---|---|
| Other Expenses | $2,626,581 |
| Salaries, Compensation, and Employee Benefits | $17,260 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $2,523,150 | - | - | $2,523,150 |
| Other Salaries and Wages | $14,552 | - | - | $14,552 |
| Other Employee Benefits | $2,708 | - | - | $2,708 |
| All Other Expenses | $1,011 | - | - | $1,011 |
| Other Expenses | $966 | - | - | $966 |
| Fees for Services Legal | $490 | - | - | $490 |
| Total Functional Expenses | $2,643,841 | $0 | $0 | $2,643,841 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Prior to the 990 being filed, the management team conducts a review of form 990.”
“The governing documents are made available upon request.”
“The center for regional prosperity will improve the quality of life for southern maine residents, with a focus on expanding economic opportunities, preserving natural resources, improving public health, and promoting education and planning efforts in support of greater regional prosperity.”
“The center for regional prosperity enhances, develops, and promotes environmental initiatives, social priorities, and economic opportunities for the residents of greater portland by acting as a conduit between the work of the greater portland council of governments and the priorities of the philanthropic community in maine and across the nation. As gpcog advances its economic, environmental, and social priorities at the local level, the center seeks out funding to extend the agency's capacity and effectiveness. When the center was established by the gpcog executive committee in 2018, its first projects centered on improving broadband infrastructure. This work spawned the maine broadband coalition, which now operates independently. The maine broadband coalition works to secure universal, affordable, and equitable access to broadband connectivity in the state of maine. Between 2018 and 2022, the center sought and received grants to help the region address opioid misuse and substance use disorder, economic improvement, and mobility management. One of its biggest success stories was obtaining funding for gpcog's successful community transportation leaders program and the bus ambassadors program. The center more recently has been focused on addressing the region's housing crisis and reducing the number of individuals and families who are unhoused. The center has been especially focused on creating intentional transitional housing to help maine become an equitable and prosperous place for all. In early fy23, the center launched the safe in maine fund to catalyze and support the creation of transitional housing. The safe in maine fund takes both public and private donations that will ultimately be used to help create transitional housing in the greater portland region. In early 2023, the cfrp partnered with the city of portland and developers collective, a local firm known for its work in affordable housing and emergency shelter, to apply for a grant to create a new 180-bed shelter in portland to address the growing population of people experiencing homelessness, including asylum seekers. The grant, which was awarded to the cfrp and its partners by the maine state housing authority (mainehousing), has been used to convert a 26,000 square foot warehouse space into a 180- bed shelter with food and services on site. Shelter construction ended in late november 2023 and the shelter is now fully operational. This shelter will help the city of portland and its partner, the maine immigrants' rights coalition, to provide shelter for asylum seekers while also freeing up space at the city's homeless services center for other individuals experiencing homelessness. In 2024 and beyond the cfrp will continue to try and attract funding from public, private and foundation sources in order to continue its mission and ensure growth and prosperity for the region.”
“Consultants 2,523,150 0 0”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/ActivityOrMissionDesc | 0 | THE CENTER FOR REGIONAL PROSPERITY WILL IMPROVE THE QUALITY OF LIFE FOR SOUTHERN MAINE RESIDENTS, WITH A FOCUS ON EXPANDING ECONOMIC OPPORTUNITIES, PRESERVING NATURAL RESOURCES, IMPROVING PUBLIC HEALTH, AND PROMOTING EDUCATION AND PLANNING EFFORTS IN SUPPORT OF GREATER REGIONAL PROSPERITY. |
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| IRS990/Desc | 0 | THE CENTER FOR REGIONAL PROSPERITY ENHANCES, DEVELOPS, AND PROMOTES ENVIRONMENTAL INITIATIVES, SOCIAL PRIORITIES, AND ECONOMIC OPPORTUNITIES FOR THE RESIDENTS OF GREATER PORTLAND BY ACTING AS A CONDUIT BETWEEN THE WORK OF THE GREATER PORTLAND COUNCIL OF GOVERNMENTS AND THE PRIORITIES OF THE PHILANTHROPIC COMMUNITY IN MAINE AND ACROSS THE NATION. AS GPCOG ADVANCES ITS ECONOMIC, ENVIRONMENTAL, AND SOCIAL PRIORITIES AT THE LOCAL LEVEL, THE CENTER SEEKS OUT FUNDING TO EXTEND THE AGENCY'S CAPACITY AND EFFECTIVENESS. WHEN THE CENTER WAS ESTABLISHED BY THE GPCOG EXECUTIVE COMMITTEE IN 2018, ITS FIRST PROJECTS CENTERED ON IMPROVING BROADBAND INFRASTRUCTURE. THIS WORK SPAWNED THE MAINE BROADBAND COALITION, WHICH NOW OPERATES INDEPENDENTLY. THE MAINE BROADBAND COALITION WORKS TO SECURE UNIVERSAL, AFFORDABLE, AND EQUITABLE ACCESS TO BROADBAND CONNECTIVITY IN THE STATE OF MAINE. BETWEEN 2018 AND 2022, THE CENTER SOUGHT AND RECEIVED GRANTS TO HELP THE REGION ADDRESS OPIOID MISUSE AND SUBSTANCE USE DISORDER, ECONOMIC IMPROVEMENT, AND MOBILITY MANAGEMENT. ONE OF ITS BIGGEST SUCCESS STORIES WAS OBTAINING FUNDING FOR GPCOG'S SUCCESSFUL COMMUNITY TRANSPORTATION LEADERS PROGRAM AND THE BUS AMBASSADORS PROGRAM. THE CENTER MORE RECENTLY HAS BEEN FOCUSED ON ADDRESSING THE REGION'S HOUSING CRISIS AND REDUCING THE NUMBER OF INDIVIDUALS AND FAMILIES WHO ARE UNHOUSED. THE CENTER HAS BEEN ESPECIALLY FOCUSED ON CREATING INTENTIONAL TRANSITIONAL HOUSING TO HELP MAINE BECOME AN EQUITABLE AND PROSPEROUS PLACE FOR ALL. IN EARLY FY23, THE CENTER LAUNCHED THE SAFE IN MAINE FUND TO CATALYZE AND SUPPORT THE CREATION OF TRANSITIONAL HOUSING. THE SAFE IN MAINE FUND TAKES BOTH PUBLIC AND PRIVATE DONATIONS THAT WILL ULTIMATELY BE USED TO HELP CREATE TRANSITIONAL HOUSING IN THE GREATER PORTLAND REGION. IN EARLY 2023, THE CFRP PARTNERED WITH THE CITY OF PORTLAND AND DEVELOPERS COLLECTIVE, A LOCAL FIRM KNOWN FOR ITS WORK IN AFFORDABLE HOUSING AND EMERGENCY SHELTER, TO APPLY FOR A GRANT TO CREATE A NEW 180-BED SHELTER IN PORTLAND TO ADDRESS THE GROWING POPULATION OF PEOPLE EXPERIENCING HOMELESSNESS, INCLUDING ASYLUM SEEKERS. THE GRANT, WHICH WAS AWARDED TO THE CFRP AND ITS PARTNERS BY THE MAINE STATE HOUSING AUTHORITY (MAINEHOUSING), HAS BEEN USED TO CONVERT A 26,000 SQUARE FOOT WAREHOUSE SPACE INTO A 180- BED SHELTER WITH FOOD AND SERVICES ON SITE. SHELTER CONSTRUCTION ENDED IN LATE NOVEMBER 2023 AND THE SHELTER IS NOW FULLY OPERATIONAL. THIS SHELTER WILL HELP THE CITY OF PORTLAND AND ITS PARTNER, THE MAINE IMMIGRANTS' RIGHTS COALITION, TO PROVIDE SHELTER FOR ASYLUM SEEKERS WHILE ALSO FREEING UP SPACE AT THE CITY'S HOMELESS SERVICES CENTER FOR OTHER INDIVIDUALS EXPERIENCING HOMELESSNESS. IN 2024 AND BEYOND THE CFRP WILL CONTINUE TO TRY AND ATTRACT FUNDING FROM PUBLIC, PRIVATE AND FOUNDATION SOURCES IN ORDER TO CONTINUE ITS MISSION AND ENSURE GROWTH AND PROSPERITY FOR THE REGION. |
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| IRS990/MissionDesc | 0 | THE CENTER FOR REGIONAL PROSPERITY WILL IMPROVE THE QUALITY OF LIFE FOR SOUTHERN MAINE RESIDENTS, WITH A FOCUS ON EXPANDING ECONOMIC OPPORTUNITIES, PRESERVING NATURAL RESOURCES, IMPROVING PUBLIC HEALTH, AND PROMOTING EDUCATION AND PLANNING EFFORTS IN SUPPORT OF GREATER REGIONAL PROSPERITY. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE CENTER FOR REGIONAL PROSPERITY WILL IMPROVE THE QUALITY OF LIFE FOR SOUTHERN MAINE RESIDENTS, WITH A FOCUS ON EXPANDING ECONOMIC OPPORTUNITIES, PRESERVING NATURAL RESOURCES, IMPROVING PUBLIC HEALTH, AND PROMOTING EDUCATION AND PLANNING EFFORTS IN SUPPORT OF GREATER REGIONAL PROSPERITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE CENTER FOR REGIONAL PROSPERITY ENHANCES, DEVELOPS, AND PROMOTES ENVIRONMENTAL INITIATIVES, SOCIAL PRIORITIES, AND ECONOMIC OPPORTUNITIES FOR THE RESIDENTS OF GREATER PORTLAND BY ACTING AS A CONDUIT BETWEEN THE WORK OF THE GREATER PORTLAND COUNCIL OF GOVERNMENTS AND THE PRIORITIES OF THE PHILANTHROPIC COMMUNITY IN MAINE AND ACROSS THE NATION. AS GPCOG ADVANCES ITS ECONOMIC, ENVIRONMENTAL, AND SOCIAL PRIORITIES AT THE LOCAL LEVEL, THE CENTER SEEKS OUT FUNDING TO EXTEND THE AGENCY'S CAPACITY AND EFFECTIVENESS. WHEN THE CENTER WAS ESTABLISHED BY THE GPCOG EXECUTIVE COMMITTEE IN 2018, ITS FIRST PROJECTS CENTERED ON IMPROVING BROADBAND INFRASTRUCTURE. THIS WORK SPAWNED THE MAINE BROADBAND COALITION, WHICH NOW OPERATES INDEPENDENTLY. THE MAINE BROADBAND COALITION WORKS TO SECURE UNIVERSAL, AFFORDABLE, AND EQUITABLE ACCESS TO BROADBAND CONNECTIVITY IN THE STATE OF MAINE. BETWEEN 2018 AND 2022, THE CENTER SOUGHT AND RECEIVED GRANTS TO HELP THE REGION ADDRESS OPIOID MISUSE AND SUBSTANCE USE DISORDER, ECONOMIC IMPROVEMENT, AND MOBILITY MANAGEMENT. ONE OF ITS BIGGEST SUCCESS STORIES WAS OBTAINING FUNDING FOR GPCOG'S SUCCESSFUL COMMUNITY TRANSPORTATION LEADERS PROGRAM AND THE BUS AMBASSADORS PROGRAM. THE CENTER MORE RECENTLY HAS BEEN FOCUSED ON ADDRESSING THE REGION'S HOUSING CRISIS AND REDUCING THE NUMBER OF INDIVIDUALS AND FAMILIES WHO ARE UNHOUSED. THE CENTER HAS BEEN ESPECIALLY FOCUSED ON CREATING INTENTIONAL TRANSITIONAL HOUSING TO HELP MAINE BECOME AN EQUITABLE AND PROSPEROUS PLACE FOR ALL. IN EARLY FY23, THE CENTER LAUNCHED THE SAFE IN MAINE FUND TO CATALYZE AND SUPPORT THE CREATION OF TRANSITIONAL HOUSING. THE SAFE IN MAINE FUND TAKES BOTH PUBLIC AND PRIVATE DONATIONS THAT WILL ULTIMATELY BE USED TO HELP CREATE TRANSITIONAL HOUSING IN THE GREATER PORTLAND REGION. IN EARLY 2023, THE CFRP PARTNERED WITH THE CITY OF PORTLAND AND DEVELOPERS COLLECTIVE, A LOCAL FIRM KNOWN FOR ITS WORK IN AFFORDABLE HOUSING AND EMERGENCY SHELTER, TO APPLY FOR A GRANT TO CREATE A NEW 180-BED SHELTER IN PORTLAND TO ADDRESS THE GROWING POPULATION OF PEOPLE EXPERIENCING HOMELESSNESS, INCLUDING ASYLUM SEEKERS. THE GRANT, WHICH WAS AWARDED TO THE CFRP AND ITS PARTNERS BY THE MAINE STATE HOUSING AUTHORITY (MAINEHOUSING), HAS BEEN USED TO CONVERT A 26,000 SQUARE FOOT WAREHOUSE SPACE INTO A 180- BED SHELTER WITH FOOD AND SERVICES ON SITE. SHELTER CONSTRUCTION ENDED IN LATE NOVEMBER 2023 AND THE SHELTER IS NOW FULLY OPERATIONAL. THIS SHELTER WILL HELP THE CITY OF PORTLAND AND ITS PARTNER, THE MAINE IMMIGRANTS' RIGHTS COALITION, TO PROVIDE SHELTER FOR ASYLUM SEEKERS WHILE ALSO FREEING UP SPACE AT THE CITY'S HOMELESS SERVICES CENTER FOR OTHER INDIVIDUALS EXPERIENCING HOMELESSNESS. IN 2024 AND BEYOND THE CFRP WILL CONTINUE TO TRY AND ATTRACT FUNDING FROM PUBLIC, PRIVATE AND FOUNDATION SOURCES IN ORDER TO CONTINUE ITS MISSION AND ENSURE GROWTH AND PROSPERITY FOR THE REGION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PRIOR TO THE 990 BEING FILED, THE MANAGEMENT TEAM CONDUCTS A REVIEW OF FORM 990. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | CONSULTANTS 2,523,150 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART IX, LINE 11G |
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| IRS990/USAddress/CityNm | 0 | PORTLAND |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KRISTINA EGAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2077757271 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-04-22 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CENTER FOR REGIONAL PROSPERITY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CENT |
| ReturnHeader/Filer/EIN | 0 | 830879130 |
| ReturnHeader/Filer/PhoneNum | 0 | 2077749891 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 970 BAXTER BOULEVARD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PORTLAND |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 010440155 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | RUNYON KERSTEEN OUELLETTE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 20 LONG CREEK DR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SOUTH PORTLAND |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | ME |
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| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-04-22 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | AMY CHASSE |
| ReturnHeader/ReturnTs | 0 | 2025-04-23T14:01:40-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
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