Maine Education Association Staff Organization Retiree Health Ins
- Assets
- $196.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Augusta, ME
- Founding
- 08/2008
- Data as of
- 08/2021
- EIN
- 30-0446659
Organization Overview
Maine Education Association Staff Organization Retiree Health Ins is located in Augusta, ME. The organization was established in 2008. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Education Association Staff Organization Retiree Health Ins is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 08/2021, Maine Education Association Staff Organization Retiree Health Ins generated $18.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $10.0k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (25.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE HEALTH INSURANCE PREMIUM SUBSIDIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lee Libby Chairman | 0 | $0 | |
Andrew Mason Trustee | 0 | $0 | |
Joan Morin Trustee | 0 | $0 | |
Tammy Simpson Trustee | 0 | $0 | |
Ellen Hendricks Trustee | 0 | $0 | |
Rachelle Johnson Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,491 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $874 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $18,365 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,519 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,442 |
| Total expenses | $9,961 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $196,495 |
| Other assets | $0 |
| Total assets | $196,495 |
| Total liabilities | $0 |
| Net assets or fund balances | $196,495 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Maine Education Association Staff Organization Retiree Health Ins has recieved totaling $17,491.
| Awarding Organization | Amount |
|---|---|
Maine Education Association Augusta, ME PURPOSE: Operational support | $17,491 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Me Credit Union League Ins Tr Westbrook, ME | $2,599,679 | $6,458,602 |
Maine Oil Dealers Association Insurance Trust Brunswick, ME | $2,556,150 | $3,628,585 |
Unitil Non-Union Voluntary Employee Benefit Trust Hampton, NH | $9,647,842 | $2,389,254 |
Unitil Union Voluntary Employee Benefit Trust Hampton, NH | $12,682,946 | $7,786,941 |
Roman Catholic Diocese Of Portland Diocesan Priests Medical Benefits Portland, ME | $5,929,831 | $1,181,943 |
Exeter Health Resources Inc Short Term Disability Tr Exeter, NH | $495,980 | $968,968 |
Allied Government Solutions Health And Welfare Plan & Tr Dover, NH | $164,376 | $675,581 |
Ila Local 861 - Employer Health & Portland, ME | $55,268 | $277,416 |
B C And T Local 334 Retiree Health Plan Insurance Trust Nissen Div Portland, ME | $1,166,847 | $84,839 |
Pennichuck Water Works Inc Employee Benefit Plan Tr Local 2936 Usofa Nashua, NH | $373,778 | $66,459 |
Pennichuck Water Works Inc Employee Benefit Plan Non Union Employ Tr Nashua, NH | $77,082 | $23,287 |
Hollingsworth & Whitney Relief Assoc Clinton, ME | $22,367 | $0 |