MAINE ASSOCIATION OF REALTORS

EIN: 010269301

AUGUSTA, ME

Total Revenue
$1,826,950
Total Expenses
$1,404,950
Total Assets
$5,899,825
Net Assets
$5,899,825
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1936
Legal Domicile
ME
Principal Officer
SUZANNE GUILD
Phone
2076227501
Tax Period
2023-01-01 to 2023-12-31

MAINE ASSOCIATION OF REALTORS, founded in 1936, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $422K, a strong 23% operating margin.

Mission

TO UNITE LOCAL BOARDS OF REALTORS AND THEIR MEMBERS WITHIN THE STATE, TO EFFECTIVELY EXERT A COMBINED INFLUENCE ON REAL ESTATE ISSUES AND TO MONITOR AND EVALUATE THE STANDARDS OF THE BUSINESS AND PROFESSIONAL CONDUCT OF REALTORS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,366,708
Program Service Revenue $356,854
Investment Income $83,388
Other Revenue $20,000
TOTAL REVENUE $1,826,950

Expense Breakdown

Grants Paid $0
Salaries & Benefits $623,655
Fundraising Expenses $0
Program Expenses $1,106,498
Other Expenses $781,295
TOTAL EXPENSES $1,404,950

Year-over-Year Comparison

2023 2022 Change
Revenue $1,826,950 $1,681,321 +0.1%
Expenses $1,404,950 $1,339,079 +0.0%
Net Income $422,000 $342,242 +0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
65
Independent Members
65
Employees
6
Volunteers
69

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$195,948
Total Directors
69
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC FLYNN TREASURER 2.00
Officer Director
$0 $0 $0
JEFF HARRIS FIRST VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MADELEINE HILL IMMEDIATE PAST PRESIDENT 2.00
Officer Director
$0 $0 $0
PAUL MCKEE PRESIDENT ELECT 2.00
Officer Director
$0 $0 $0
CARMEN MCPHAIL PRESIDENT 4.00
Officer Director
$0 $0 $0
JOEL ALEXANDER DIRECTOR 0.50
Director
$0 $0 $0
TAMMY BAKER DIRECTOR 0.50
Director
$0 $0 $0
JULIA BASSET SCHWERIN DIRECTOR 0.50
Director
$0 $0 $0
ZACH BLAIR DIRECTOR 0.50
Director
$0 $0 $0
CHERI BONAWITZ DIRECTOR 0.50
Director
$0 $0 $0
DEBBI BOZWORTH DIRECTOR 0.50
Director
$0 $0 $0
STEVE BRACKETT DIRECTOR THRU 4/19/23 0.50
Director
$0 $0 $0
CHUCK BRAWN DIRECTOR THRU 6/5/23 0.50
Director
$0 $0 $0
EMILIE BRONSON BLAIR DIRECTOR 0.50
Director
$0 $0 $0
DERRICK BUCKSPAN DIRECTOR 0.50
Director
$0 $0 $0
KIRK BUTTERFIELD DIRECTOR 0.50
Director
$0 $0 $0
MARC CARDULLO DIRECTOR 0.50
Director
$0 $0 $0
AARON CHADBOURNE DIRECTOR 0.50
Director
$0 $0 $0
WENDE CHAPMAN DIRECTOR 0.50
Director
$0 $0 $0
SANDY COX DIRECTOR 0.50
Director
$0 $0 $0
MARY JO CROSS DIRECTOR 0.50
Director
$0 $0 $0
MICHELLE CYR DIRECTOR THRU 6/4/23 0.50
Director
$0 $0 $0
MARSHA DECOSTA DIRECTOR 0.50
Director
$0 $0 $0
LISA DIBIASE DIRECTOR 0.50
Director
$0 $0 $0
LINDA DITOMASO DIRECTOR 0.50
Director
$0 $0 $0
RAYLENE ESTABROOK DIRECTOR 0.50
Director
$0 $0 $0
TONI FERRARO DIRECTOR 0.50
Director
$0 $0 $0
JON FINCH DIRECTOR 0.50
Director
$0 $0 $0
VIRGINIA FROST DIRECTOR 0.50
Director
$0 $0 $0
GARRETT GETCH DIRECTOR 0.50
Director
$0 $0 $0
STEVE HAMMOND DIRECTOR 0.50
Director
$0 $0 $0
KIM HANSCOM DIRECTOR 0.50
Director
$0 $0 $0
CASEY HARDWICK DIRECTOR 0.50
Director
$0 $0 $0
LISA HUGHES DIRECTOR 0.50
Director
$0 $0 $0
GLENNA IRVINE DIRECTOR 0.50
Director
$0 $0 $0
KAREN JONES DIRECTOR 0.50
Director
$0 $0 $0
GARY JORDAN JR DIRECTOR 0.50
Director
$0 $0 $0
PRESSLEY LAWRENCE DIRECTOR 0.50
Director
$0 $0 $0
HEATHER LEACH DIRECTOR 0.50
Director
$0 $0 $0
ANGELINA LEVESQUE DIRECTOR 0.50
Director
$0 $0 $0
AMY MACDONALD DIRECTOR 0.50
Director
$0 $0 $0
JAMIE MACNAIR DIRECTOR THRU 3/24/23 0.50
Director
$0 $0 $0
JILL MAYHEW DIRECTOR 0.50
Director
$0 $0 $0
KATIE MCALLISTER-EDGE DIRECTOR 0.50
Director
$0 $0 $0
KIRSTIN MCQUILLAN DIRECTOR 0.50
Director
$0 $0 $0
ERIC MEADOWS DIRECTOR 0.50
Director
$0 $0 $0
ASHLEY MESSNER DIRECTOR 0.50
Director
$0 $0 $0
SHARON MILLETT DIRECTOR 0.50
Director
$0 $0 $0
TIFFANY MOREAU DIRECTOR 0.50
Director
$0 $0 $0
KORTNIE MULLINS DIRECTOR 0.50
Director
$0 $0 $0
LEANNE NICHOLS DIRECTOR 0.50
Director
$0 $0 $0
JUDY OBERG DIRECTOR 0.50
Director
$0 $0 $0
ANDREA PAGE DIRECTOR 0.50
Director
$0 $0 $0
LAURA PELLERANO DIRECTOR 0.50
Director
$0 $0 $0
JAMIE PLOURDE DIRECTOR 0.50
Director
$0 $0 $0
CORENNA QUIRK DIRECTOR 0.50
Director
$0 $0 $0
BRIAN RIZZO DIRECTOR 0.50
Director
$0 $0 $0
CATIE SEAVEY DIRECTOR 0.50
Director
$0 $0 $0
ASHLEE SIMPSON BLACK DIRECTOR 0.50
Director
$0 $0 $0
MARGARET SMITH DIRECTOR 0.50
Director
$0 $0 $0
LAURA SOSNOWSKI DIRECTOR 0.50
Director
$0 $0 $0
CHRIS SULLIVAN DIRECTOR 0.50
Director
$0 $0 $0
KIM TARBOX DIRECTOR 0.50
Director
$0 $0 $0
ELIAS THOMAS DIRECTOR 0.50
Director
$0 $0 $0
SCOTT THOMAS DIRECTOR 0.50
Director
$0 $0 $0
STAN TUPAJ DIRECTOR 0.50
Director
$0 $0 $0
ANDY WERRY DIRECTOR 0.50
Director
$0 $0 $0
TERI WOODS DIRECTOR 0.50
Director
$0 $0 $0
MONET YARNELL DIRECTOR 0.50
Director
$0 $0 $0
SUZANNE GUILD CEO 60.00
Officer
$170,978 $24,970 $195,948
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,826,950 $1,404,950 $5,899,825 $422,000
2022 $1,681,321 $1,339,079 $5,477,825 $342,242
2021 $1,535,466 $986,950 $5,135,583 $548,516
2020 $1,400,004 $955,983 $4,587,067 $444,021
2019 $1,541,997 $1,094,980 $4,143,046 $447,017
2018 $1,494,977 $1,153,856 $3,696,029 $341,121
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