How Your Donations Help
Your donations help cover the cost of providing the non-financial services that are so essential to help Maine people achieve their goals. Services range from business assistance for women, refugees and immigrants with low incomes to homeownership education and financial literacy training for those who want to plan for their futures. Many CEI borrowers would not be able to take advantage of CEI loan programs without upfront training and assistance.
Donations also help CEI build its capital base. Gifts to CEI's revolving loan fund become part of the organization's equity and support its ability to lend directly into the community and to leverage additional funds.
CEI is a 501(c)(3) charitable organization, and gifts are tax-deductible to the full extent permitted by federal law.
In addition, Maine taxpayers who contribute to CEI's Individual Development Account program (matched savings for low-income families) may be eligible for a tax credit from the state of Maine.