Person

Ron Phillips

Ronald L. Phillips founded CEI in 1977. Under his leadership, CEI has grown from a three-person office focused on Maine’s fisheries to become one of Maine’s and the nation’s major finance development organizations. With its subsidiaries, CEI is now an organization of 88 staff, 40 board and advisory volunteer board members and capital under management of over $980 million. CEI has mobilized over $2.5 billion for financing and technical assistance in development of small, medium and micro businesses, natural resources industry sectors of fish, farms and forests, community facilities such as family and center-based child care, and affordable housing. Under its venture capital funds and New Markets Tax Credit allocations by the CDFI Fund of the U.S. Treasury, CEI is making investments outside of Maine in northern New England, upstate New York and other regions. Ron was selected by the James A. Johnson Fannie Mae fellowship for the class of 2002. His past and present board and advisory board memberships include the Federal Reserve Bank of Boston; KeyBank’s National Community Development Advisory Board; Federal Home Loan Bank of Boston; Board of Regents, Economic Development Council of Maine; Maine Small Business Advisory Council; Mainewatch Institute; Maine Center for Economic Policy; Maine Fisheries Industry Development Center; and Albanian-American Trade and Development Association. He is a member of Rural LISC Advisory Counsel and on the national board of LISC; he is a past board member of Opportunity Finance Network, a long-time board member of the National Congress for Community Economic Development, and a founding member of Association for Enterprise Opportunity. He is also a founding member of the New Markets Tax Credit Coalition, and served as chair of the board. He has served on the Federal Reserve Bank Board of Governors Consumer Advisory Council. Ron was previously an executive staff member of the National Council of Churches’ Interfaith Center on Corporate Responsibility on domestic and international political, social and economic policies of U.S. private corporations and public agencies in Third World regions. Prior to that he worked at the United Methodist Church’s Global Missions at the United Nations in New York City. Ron is a graduate of Boston University with a B.A. in comparative literature; a M. of Divinity from Union Theological Seminary in New York; and Harvard Business School’s Advanced Management Program AMP. He lives in Waldoboro with his wife, a Maine artist.

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Website: http://www.ceimaine.org/

Email: [email protected]