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Research & Education Trust

  • Augusta, ME
  • Tax-exempt since March 1973
  • EIN: 23-7257058

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Health — General and Rehabilitative / Community Health Systems (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$186k (2023)

Expenses
$217k (2023)

Total Assets
$5.81k (2023)

Total Liabilities
$0 (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 Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$186,000
Expenses
$217,034
Net Income
-$31,034
Net Assets
$5,813
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $186,000
100%
Investment Income $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 $165,542
76.3%
Assets/Debt
Total Assets $5,813
Total Liabilities $0
Net Assets $5,813
Compensation
Key Employees and Officers Compensation Related Other
Steven Michaud (President) $0 $588,332 $33,805
John Ronan (Chair) $0 $0 $0
Crystal Landry (Treasurer) $0 $0 $0
Shawn Anderson (Secretary) $0 $0 $0
Steve Diaz (Director) $0 $0 $0
Jeffrey Sanders (Past Vice Chair) $0 $0 $0
Mark Fourre (Past Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 13, 2024

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

View Filing
PDF XML

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$215,679
Expenses
$210,681
Net Income
$4,998
Net Assets
$36,847
Notable Sources of Revenue Percent of Total Revenue
Contributions $28,679
13.3%
Program Services $187,000
86.7%
Investment Income $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 $199,269
94.6%
Assets/Debt
Total Assets $51,643
Total Liabilities $14,796
Net Assets $36,847
Compensation
Key Employees and Officers Compensation Related Other
Steven Michaud (President) $0 $571,251 $30,832
John Ronan (Chair) $0 $0 $0
Steve Diaz (Vice Chair) $0 $0 $0
Mark Fourre (Treasurer) $0 $0 $0
Shawn Anderson (Director) $0 $0 $0
Jeffrey Sanders (Director) $0 $0 $0
Teresa Vieira (Past Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on March 24, 2023

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

View Filing
XML

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$214,296
Expenses
$207,186
Net Income
$7,110
Net Assets
$31,849
Notable Sources of Revenue Percent of Total Revenue
Contributions $27,296
12.7%
Program Services $187,000
87.3%
Investment Income $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 $196,296
94.7%
Assets/Debt
Total Assets $63,086
Total Liabilities $31,237
Net Assets $31,849
Compensation
Key Employees and Officers Compensation Related Other
Steven Michaud (President) $0 $571,675 $29,787
John Ronan (Chair) $0 $0 $0
Steve Diaz (Vice Chair) $0 $0 $0
Mark Fourre (Treasurer) $0 $0 $0
Teresa Vieira (Secretary) $0 $0 $0
Jeffrey Sanders (Director) $0 $0 $0
Charles Therrien (Past Chair) $0 $0 $0
+ View more people

Document Links

990
Filed on March 23, 2022

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

View Filing
PDF XML

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$211,671
Expenses
$211,861
Net Income
-$190
Net Assets
$24,739
Notable Sources of Revenue Percent of Total Revenue
Contributions $24,671
11.7%
Program Services $187,000
88.3%
Investment Income $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 $196,983
93.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $35,791
Total Liabilities $11,052
Net Assets $24,739
Compensation
Key Employees and Officers Compensation Related Other
Steven Michaud (President) $0 $554,810 $30,464
Charles Therrien (Chair) $0 $0 $0
John Ronan (Treasurer) $0 $0 $0
Steve Diaz (Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on March 25, 2021

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

View Filing
PDF XML

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$211,470
Expenses
$204,133
Net Income
$7,337
Net Assets
$24,930
Notable Sources of Revenue Percent of Total Revenue
Contributions $24,470
11.6%
Program Services $187,000
88.4%
Investment Income $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 $191,244
93.7%
Assets/Debt
Total Assets $61,746
Total Liabilities $36,816
Net Assets $24,930
Compensation
Key Employees and Officers Compensation Related Other
Charles Therrien (Chair) $0 $0 $0
Peter Sirois (Immediate Past Chair) $0 $0 $0
John Ronan (Treasurer) $0 $0 $0
Steve Diaz (Secretary) $0 $0 $0
Steven Michaud (President) $0 $559,417 $27,480
Chuck Hays (Past Chair) $0 $0 $0
+ View more people

Document Links

990
Filed on June 22, 2020

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

View Filing
PDF XML

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$206,131
Expenses
$198,676
Net Income
$7,455
Net Assets
$17,593
Notable Sources of Revenue Percent of Total Revenue
Contributions $24,131
11.7%
Program Services $182,000
88.3%
Investment Income $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 $185,674
93.5%
Assets/Debt
Total Assets $37,800
Total Liabilities $20,207
Net Assets $17,593
Compensation
Key Employees and Officers Compensation Related Other
Peter Sirois (Chair) $0 $0 $0
Chuck Hays (Immediate Past Chair) $0 $0 $0
Charles Therrien (Vice Chair) $0 $0 $0
R David Frum (Past Treasurer) $0 $0 $0
John Ronan (Secretary) $0 $0 $0
Steven Michaud (President) $0 $523,597 $26,292
+ View more people

Document Links

990
Filed on May 2, 2019

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

View Filing
PDF XML

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$202,755
Expenses
$192,976
Net Income
$9,779
Net Assets
$10,138
Notable Sources of Revenue Percent of Total Revenue
Contributions $26,755
13.2%
Program Services $176,000
86.8%
Investment Income $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 $180,279
93.4%
Assets/Debt
Total Assets $54,125
Total Liabilities $43,987
Net Assets $10,138
Compensation
Key Employees and Officers Compensation Related Other
Steven Michaud (President) $0 $509,151 $27,827
James Donovan (Immediate Past Chair) $0 $0 $0
Chuck Hays (Chair) $0 $0 $0
Peter Sirois (Vice Chair) $0 $0 $0
Charles Therrien (Treasurer) $0 $0 $0
R David Frum (Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 27, 2018

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

View Filing
XML

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$193,000
Expenses
$188,544
Net Income
$4,456
Net Assets
$359
Notable Sources of Revenue Percent of Total Revenue
Contributions $21,000
10.9%
Program Services $172,000
89.1%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $28,259
Total Liabilities $27,900
Net Assets $359
Compensation
Key Employees and Officers Compensation Other
Steven Michaud (President) $0 $0
Rebecca Arsenault (Immediate Past Chair) $0 $0
James Donovan (Chair) $0 $0
Chuck Hays (Vice Chair) $0 $0
Peter Sirois (Treasurer) $0 $0
Charles Therrien (Secretary) $0 $0
+ View more people

Document Links

990-EZ
Filed on Jan. 31, 2017

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

View Filing
PDF XML

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$181,036
Expenses
$177,879
Net Income
$3,157
Net Assets
-$4,097
Notable Sources of Revenue Percent of Total Revenue
Contributions $19,036
10.5%
Program Services $162,000
89.5%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $43,399
Total Liabilities $47,496
Net Assets -$4,097
Compensation
Key Employees and Officers Compensation Other
Steven Michaud (President) $0 $0
Michelle Hood (Immediate Past Chair) $0 $0
Rebecca Arsenault (Chair) $0 $0
James Donovan (Vice Chair) $0 $0
Chuck Hays (Treasurer) $0 $0
Peter Sirois (Secretary) $0 $0
+ View more people

Document Links

990-EZ
Filed on Feb. 15, 2016

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

View Filing
PDF XML

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$180,981
Expenses
$213,987
Net Income
-$33,006
Net Assets
-$7,254
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,981
8.8%
Program Services $165,000
91.2%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $25,825
Total Liabilities $33,079
Net Assets -$7,254
Compensation
Key Employees and Officers Compensation Other
Steven Michaud (President) $0 $0
Michelle Hood (Chair) $0 $0
Rebecca Arsenault (Vice Chair) $0 $0
James Donovan (Treasurer) $0 $0
Chuck Hays (Secretary) $0 $0
Arthur Blank (Immediate Past Chair) $0 $0
+ View more people

Document Links

990-EZ
Filed on March 12, 2015

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

View Filing
PDF XML

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$175,310
Expenses
$193,125
Net Income
-$17,815
Net Assets
$25,752
Notable Sources of Revenue Percent of Total Revenue
Contributions $16,110
9.2%
Program Services $159,200
90.8%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $25,752
Total Liabilities $0
Net Assets $25,752

Document Links

990-EZ
Filed on March 8, 2014

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

View Filing
PDF XML

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$448,647
Expenses
$440,006
Net Income
$8,641
Net Assets
$43,567
Notable Sources of Revenue Percent of Total Revenue
Contributions $16,082
3.6%
Program Services $432,565
96.4%
Investment Income $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 $154,709
35.2%
Assets/Debt
Total Assets $44,797
Total Liabilities $1,230
Net Assets $43,567

Document Links

990

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

PDF

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$468,583
Expenses
$436,595
Net Income
$31,988
Net Assets
$34,926
Notable Sources of Revenue Percent of Total Revenue
Contributions $16,082
3.4%
Program Services $452,501
96.6%
Investment Income $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 $144,738
33.2%
Assets/Debt
Total Assets $44,640
Total Liabilities $9,714
Net Assets $34,926

Document Links

990

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

PDF

Fiscal Year Ending Sept.
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

Fiscal Year Ending Sept.
2009

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-EZ

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

PDF

Fiscal Year Ending Sept.
2008

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

Fiscal Year Ending Sept.
2007

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

Fiscal Year Ending Sept.
2006

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

Fiscal Year Ending Sept.
2005

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

Fiscal Year Ending Sept.
2004

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

Fiscal Year Ending Sept.
2003

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

Fiscal Year Ending Sept.
2002

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

Fiscal Year Ending Sept.
2001

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.

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