They seem small, don't know about them paying advances (some/many micropublishers don't pay advances, just royalties), but they also don't seem like they accept just anything :
Although we have a small number of popular fiction titles, our focus is literary fiction. We publish mainly adult fiction, and occasionally nonfiction. We do not publish children's picture books. We are not currently looking for poetry. " I got that from their website.
I dug deeper and got this:
http://www.irawood.com/aboutira/about.htm
" Ira Wood is the author of three novels, The Kitchen Man, Going Public, and Storm Tide, co-authored by Marge Piercy,... In 1996 he established
the Leapfrog Press, an internationally distributed ‘boutique’ publishing company, which the Boston Globe called “the pulse of what’s hot in the publishing world.”
He sold it in 2008.
While an editor at Leapfrog he specialized in the resurrection of near misses: books that had come close to being published by mainstream New York publishers but lacked a certain something, sometimes just big numbers for the author’s previous books, but that notwithstanding, a compelling beginning, a tighter plot, a selling title, or simply a great marketing campaign and the patience to keep a book in print until it found its audience. With a hand in the marketing of every one of Leapfrog’s books, his small press titles received national media attention, some becoming regional best sellers, BookSense and best-of-the-year picks. "
So, small publisher but seems legit. Located in Cape Cod.