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Maine Financial Institutions Employee Ben Tr

  • Westbrook, ME
  • Tax-exempt since May 2010
  • EIN: 01-6133041

Organization summary

Type of Nonprofit

Designated as a Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Category: Mutual/Membership Benefit Organizations, Other / Voluntary Employees Beneficiary Associations (Non-Government) (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$34.8M (2023)

Expenses
$37.3M (2023)

Total Assets
$12.6M (2023)

Total Liabilities
$1.93M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$34,804,942
Expenses
$37,255,454
Net Income
-$2,450,512
Net Assets
$10,650,320
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $34,465,029
99.0%
Investment Income $339,913
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,584,943
Total Liabilities $1,934,623
Net Assets $10,650,320
Compensation
Key Employees and Officers Compensation Related Other
Timothy Thompson (Chair) $0 $0 $0
Jeanne Hulit (Trustee) $0 $0 $0
Stephen De Castro (Trustee) $0 $0 $0
Blaine Boudreau (Trustee) $0 $0 $0
Robert Montgomery Rice (Trustee) $0 $0 $0
William Tracy (Past Trustee) $0 $0 $0
Matt Nightingale (Trustee) $0 $0 $0
David Cohen (Trustee) $0 $0 $0
James J Roche (President) $0 $432,861 $33,231
Marcia M Ferguson (Chief Operating Officer) $0 $198,320 $39,867
Marc P Owen (Svp & Treasurer) $0 $196,241 $21,176
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Document Links

990
Filed on Oct. 24, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,607,059
Expenses
$31,450,649
Net Income
-$843,590
Net Assets
$13,100,832
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $30,487,168
99.6%
Investment Income $119,891
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,437,757
Total Liabilities $1,336,925
Net Assets $13,100,832
Compensation
Key Employees and Officers Compensation Related Other
James J Roche (President) $0 $350,585 $31,562
Marcia M Ferguson (Svp Of Insurance) $0 $180,464 $37,384
Marc P Owen (Svp & Treasurer) $0 $179,824 $21,752
Timothy Thompson (Chairman) $0 $0 $0
Blaine Boudreau (Trustee) $0 $0 $0
Stephen De Castro (Trustee) $0 $0 $0
Jeanne Hulit (Trustee) $0 $0 $0
Robert Montgomery Rice (Trustee) $0 $0 $0
John Swanberg (Past Trustee) $0 $0 $0
William Tracy (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 6, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$31,217,132
Expenses
$29,318,033
Net Income
$1,899,099
Net Assets
$13,944,422
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $31,132,325
99.7%
Investment Income $84,807
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $15,345,410
Total Liabilities $1,400,988
Net Assets $13,944,422
Compensation
Key Employees and Officers Compensation Related Other
William Tracy (Chairman) $0 $0 $0
Blaine Boudreau (Trustee) $0 $0 $0
Steve De Castro (Trustee) $0 $0 $0
Robert Montgomery Rice (Trustee) $0 $0 $0
Tim Thompson (Trustee) $0 $0 $0
Jeanne Hulit (Trustee) $0 $0 $0
John Swanburg (Trustee) $0 $0 $0
Andrew C Perry (Past Trustee) $0 $0 $0
Christopher W Pinkham (Past President) $0 $266,627 $20,508
Marc P Owen (Svp & Treasurer) $0 $169,714 $25,212
Marcia M Ferguson (Svp Of Insurance) $0 $172,524 $38,092
James J Roche (President) $0 $134,853 $6,984
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Document Links

990
Filed on Oct. 27, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$29,142,977
Expenses
$26,198,158
Net Income
$2,944,819
Net Assets
$12,045,323
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $29,031,093
99.6%
Investment Income $111,884
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,742,668
Total Liabilities $1,697,345
Net Assets $12,045,323
Compensation
Key Employees and Officers Compensation Related Other
William Tracy (Chairman) $0 $0 $0
Blaine Boudreau (Trustee) $0 $0 $0
Steve De Castro (Trustee) $0 $0 $0
Glenn Hutchinson (Past Trustee) $0 $0 $0
Robert Montgomery Rice (Trustee) $0 $0 $0
Andrew C Perry (Trustee) $0 $0 $0
Tim Thompson (Trustee) $0 $0 $0
Jeanne Hulit (Trustee) $0 $0 $0
Christopher W Pinkham (President) $0 $356,920 $29,375
Kathleen Meehan (Past Senior Vp) $0 $133,669 $17,008
Marc P Owen (Svp & Treasurer) $0 $154,657 $24,970
Marcia M Ferguson (Svp Of Insurance) $0 $150,015 $37,318
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Document Links

990
Filed on Nov. 12, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$27,862,085
Expenses
$28,713,268
Net Income
-$851,183
Net Assets
$9,100,504
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $27,718,615
99.5%
Investment Income $143,470
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,807,821
Total Liabilities $1,707,317
Net Assets $9,100,504
Compensation
Key Employees and Officers Compensation Related Other
William Tracy (Chairman) $0 $0 $0
Blaine Boudreau (Trustee) $0 $0 $0
Steve De Castro (Trustee) $0 $0 $0
Glenn Hutchinson (Trustee) $0 $0 $0
Robert Montgomery Rice (Trustee) $0 $0 $0
Andrew C Perry (Trustee) $0 $0 $0
Tim Thompson (Trustee) $0 $0 $0
John Witherspoon (Past Trustee) $0 $0 $0
Christopher W Pinkham (President) $0 $328,240 $33,412
Kathleen Meehan (Senior Vp) $0 $281,023 $59,962
Marc P Owen (Vp & Treasurer) $0 $136,177 $24,887
Marcia M Ferguson (Vp Of Insurance And Administration) $0 $119,273 $34,299
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Document Links

990
Filed on Oct. 28, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$34,637,360
Expenses
$34,343,811
Net Income
$293,549
Net Assets
$9,951,687
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $34,529,339
99.7%
Investment Income $108,021
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,572,132
Total Liabilities $2,620,445
Net Assets $9,951,687
Compensation
Key Employees and Officers Compensation Related Other
Andrew C Perry (Chairman) $0 $0 $0
Steve De Castro (Trustee) $0 $0 $0
Glenn Hutchinson (Trustee) $0 $0 $0
Robert Montgomery Rice (Trustee) $0 $0 $0
Charles M Petersen (Past Trustee) $0 $0 $0
Curtis Simard (Past Trustee) $0 $0 $0
Tim Thompson (Trustee) $0 $0 $0
William Tracy (Trustee) $0 $0 $0
John Witherspoon (Trustee) $0 $0 $0
Christopher W Pinkham (President) $0 $317,427 $32,414
Kathleen Meehan (Senior Vp) $0 $266,917 $64,034
Marc P Owen (Vp & Treasurer) $0 $132,310 $23,723
Marcia M Ferguson (Director Of Insurance Programs) $0 $113,841 $32,222
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Document Links

990
Filed on Nov. 6, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$33,113,945
Expenses
$32,009,912
Net Income
$1,104,033
Net Assets
$9,658,138
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $33,047,050
99.8%
Investment Income $66,895
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,948,053
Total Liabilities $2,289,915
Net Assets $9,658,138
Compensation
Key Employees and Officers Compensation Related Other
Charles M Petersen (Trustee) $0 $0 $0
Andrew C Perry (Trustee) $0 $0 $0
Robert Montgomery Rice (Trustee) $0 $0 $0
Kevin P Savage (Past Trustee) $0 $0 $0
William Tracy (Trustee) $0 $0 $0
John Witherspoon (Chairman) $0 $0 $0
Curtis Simard (Trustee) $0 $0 $0
Mark Mickeriz (Trustee) $0 $0 $0
Christopher W Pinkham (President) $0 $323,411 $44,164
Kathleen Meehan (Senior Vp) $0 $246,929 $70,911
Marc P Owen (Vp & Treasurer) $0 $127,040 $28,007
Marcia M Ferguson (Director Of Insurance Programs) $0 $109,506 $31,442
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Document Links

990
Filed on Nov. 13, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,808,655
Expenses
$29,852,705
Net Income
$955,950
Net Assets
$8,554,105
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $30,750,915
99.8%
Investment Income $57,740
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,848,787
Total Liabilities $2,294,682
Net Assets $8,554,105
Compensation
Key Employees and Officers Compensation Related Other
Charles M Petersen (Trustee) $0 $0 $0
Andrew C Perry (Trustee) $0 $0 $0
Robert Montgomery Rice (Trustee) $0 $0 $0
Kevin P Savage (Trustee) $0 $0 $0
John Witherspoon (Trustee) $0 $0 $0
Curtis Simard (Trustee) $0 $0 $0
Mark Mickeriz (Trustee) $0 $0 $0
Richard J Vail (Past Trustee) $0 $0 $0
Christopher W Pinkham (President) $0 $303,756 $30,540
Kathleen Meehan (Senior Vice President) $0 $243,518 $64,836
Marc P Owen (Vice President & Treasurer) $0 $122,413 $21,944
Marcia M Ferguson (Director Of Insurance Programs) $0 $104,087 $24,619
+ View more people

Document Links

990
Filed on Nov. 14, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$29,756,350
Expenses
$27,365,547
Net Income
$2,390,803
Net Assets
$7,598,155
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $29,707,966
99.8%
Investment Income $48,384
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $9,289,669
Total Liabilities $1,691,514
Net Assets $7,598,155
Compensation
Key Employees and Officers Compensation Related Other
Charles M Petersen (Trustee) $0 $0 $0
Andrew C Perry (Trustee) $0 $0 $0
Richard J Vail (Trustee) $0 $0 $0
Kevin P Savage (Trustee) $0 $0 $0
John Witherspoon (Trustee) $0 $0 $0
Curtis Simard (Trustee) $0 $0 $0
Mark Mickeriz (Trustee) $0 $0 $0
Lawrence L Barker (Past Trustee) $0 $0 $0
Robert Montgomery Rice (Past Trustee) $0 $0 $0
Christopher W Pinkham (President) $0 $301,764 $61,477
Kathleen Meehan (Senior Vice President) $0 $206,346 $91,054
Marc P Owen (Vice President & Treasurer) $0 $117,326 $31,315
+ View more people

Document Links

990
Filed on Aug. 12, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$31,010,104
Expenses
$29,873,874
Net Income
$1,136,230
Net Assets
$5,207,352
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $30,965,405
99.9%
Investment Income $44,699
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,348,276
Total Liabilities $140,924
Net Assets $5,207,352
Compensation
Key Employees and Officers Compensation Related Other
Charles M Petersen (Trustee) $0 $0 $0
Andrew C Perry (Trustee) $0 $0 $0
Lawrence L Barker (Trustee) $0 $0 $0
Robert Montgomery Rice (Trustee) $0 $0 $0
Richard J Vail (Trustee) $0 $0 $0
Kevin P Savage (Trustee) $0 $0 $0
John Witherspoon (Trustee) $0 $0 $0
Christopher W Pinkham (President) $0 $286,001 $53,922
Kathleen Meehan (Senior Vice President) $0 $201,992 $68,439
Marc P Owen (Vice President & Treasurer) $0 $107,822 $30,139
+ View more people

Document Links

990
Filed on Aug. 14, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$28,364,005
Expenses
$29,035,995
Net Income
-$671,990
Net Assets
$4,071,122
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $27,233,564
96.0%
Investment Income $46,349
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,084,092
3.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,084,079
Total Liabilities $2,012,957
Net Assets $4,071,122
Compensation
Key Employees and Officers Compensation Related Other
Charles Peterson (Trustee) $0 $0 $0
Andrew Perry (Trustee) $0 $0 $0
Lawrence L Barker (Trustee) $0 $0 $0
Robert Montgomery Rice (Trustee) $0 $0 $0
Joseph Murphy (Trustee) $0 $0 $0
Christopher Emmons (Trustee) $0 $0 $0
Jon Prescott (Trustee) $0 $0 $0
Richard Vail (Trustee) $0 $0 $0
Harry Mank (Trustee) $0 $0 $0
Kevin Savage (Trustee) $0 $0 $0
John Witherspoon (Trustee) $0 $0 $0
+ View more people

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990
Filed on Oct. 10, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$28,452,929
Expenses
$26,657,099
Net Income
$1,795,830
Net Assets
$4,743,112
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $25,682,990
90.3%
Investment Income $40,085
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,729,854
9.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,698,058
Total Liabilities $1,954,946
Net Assets $4,743,112

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,490,697
Expenses
$25,181,257
Net Income
$309,440
Net Assets
$2,947,282
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $24,602,506
96.5%
Investment Income $30,113
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $858,078
3.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,842,471
Total Liabilities $1,895,189
Net Assets $2,947,282

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated