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 ASSOCIATION'S PRIMARY EXEMPT PURPOSE IS TO IMPROVE BUSINESS CONDITIONS FOR ITS MEMBERS IN THE RETAIL, WHOLESALE, AND SERVICE INDUSTRIES BY REPRESENTING ITS MEMBERS AND KEEPING THEM INFORMED OF LAWS AND REGULATIONS AFFECTING THEM.
THE ASSOCIATION REVIEWS, DISCUSSES, AND ADVOCATES ON BEHALF OF THEIR MEMBERS ON NUMEROUS PIECES OF LEGISLATION THAT IMPACT MEMBERS' BUSINESSES. THE ASSOCIATION ALSO TESTIFIES ON LEGISLATION, NOTIFIES...
THE ASSOCIATION REVIEWS, DISCUSSES, AND ADVOCATES ON BEHALF OF THEIR MEMBERS ON NUMEROUS PIECES OF LEGISLATION THAT IMPACT MEMBERS' BUSINESSES. THE ASSOCIATION ALSO TESTIFIES ON LEGISLATION, NOTIFIES MEMBERS OF CHANGES TO PASSED LEGISLATION, AND COMMUNICATES THE INPUT OF THEIR MEMBERS INTO THE LEGISLATIVE PROCESS.
THE ASSOCIATION COMMUNICATES WITH THEIR MEMBERSHIP ON ISSUES THAT AFFECT THEIR BUSINESSES THROUGH NEWSLETTERS, INFORMATIONAL EMAILS, AND DIRECT MAILINGS.
THE ASSOCIATION ORGANIZES A NUMBER OF EVENTS TO HELP EDUCATE THEIR MEMBERSHIP ON ISSUES THAT AFFECT THEIR BUSINESSES. THESE EVENTS INCLUDE PRACTICE WORKSHOPS, LEGISLATIVE ROUND TABLES, MARKETING AND...
THE ASSOCIATION ORGANIZES A NUMBER OF EVENTS TO HELP EDUCATE THEIR MEMBERSHIP ON ISSUES THAT AFFECT THEIR BUSINESSES. THESE EVENTS INCLUDE PRACTICE WORKSHOPS, LEGISLATIVE ROUND TABLES, MARKETING AND RETAIL-SPECIFIC WORKSHOPS.
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.