AUGUSTA, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RETAIL ASSOCIATION OF MAINE F/K/A MAINE MERCHANTS ASSOCIATION, founded in 1933, is a small nonprofit that reported $663K in total revenue in fiscal year 2023. Revenue surged 70% from the prior year, signaling strong growth momentum. Expenses of $616K left a modest 7% surplus.
THE RETAIL ASSOCIATION OF MAINE IS THE LEADING ADVOCATE FOR SUCCESSFUL RETAIL BUSINESSES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $663,146 | $390,125 | +0.7% |
| Expenses | $616,206 | $549,623 | +0.1% |
| Net Income | $46,940 | $-159,498 | -1.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CURTIS PICARD | PRESIDENT & | 40.00 |
Officer
|
$127,913 | $7,643 | $135,556 |
| AMELIA ARNOLD | AT-LARGE EXE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PETER BOLTON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROGER DIFFIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTINA FISHER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ELLYNE FLESHNER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KOSSI GAMEDAH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| FOX KEIM | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KEN KEIRAN | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JUDY KNAPP | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TOM LARGAY | AT-LARGE EXE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TOPHER MALLORY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| HEIDI NEAL | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DENEVAN O'CONNELL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROGER POMERLEAU | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ADAM RENY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID VANDERWOUDE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TINA WILCOXSON | AT-LARGE EXE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $663,146 | $616,206 | $524,452 | $46,940 |
| 2022 | $390,125 | $549,623 | $466,074 | $-159,498 |
| 2021 | $534,767 | $464,180 | $616,381 | $70,587 |
| 2020 | $363,081 | $383,150 | $596,734 | $-20,069 |
| 2019 | $353,481 | $369,367 | $607,801 | $-15,886 |
| 2018 | $390,999 | $361,288 | $627,278 | $29,711 |
Compare RETAIL ASSOCIATION OF MAINE F/K/A MAINE MERCHANTS ASSOCIATION with other nonprofits in Maine and across the country.