Concord, NH
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Sign In — Free (10 views/day)Maine Dental Service Corporation, founded in 1965, is a major nonprofit that reported $197.8M in total revenue in fiscal year 2024.
It is our mission to advance the oral health and overall wellness of our customers and the general public by providing innovative benefits and professional partnerships through diversified strategic business and philanthropic initiatives.
Maine Dental Service Corporation, Inc. advances and promotes the improvement of oral health by offering innovative, cost effective dental benefits plans that meet the needs of our customers by...
Maine Dental Service Corporation, Inc. advances and promotes the improvement of oral health by offering innovative, cost effective dental benefits plans that meet the needs of our customers by integrating activities such as cost management policies, fee reduction agreements with dentists, ensuring quality and cost effective dental benefit delivery, and accurate and timely claims payment. We are recognized for our expertise in the dental benefits industry, the vibrancy of our participating dentist network, and our strong brand. Program services include the processing and payment of claims for dental benefits for various large and small groups, as well as individuals and families. Maine Dental Service Corporation, Inc. processed approximately 901,000 claims in 2024. There are approximately 444,900 members in Maine included in the various plans. Customer's expectations for quality standards are extremely rigorous and we provide a guarantee of service called GOSE, or Guarantee of Service Excellence, which guarantees seven key service claims: (1) smooth implementation to Northeast Delta Dental; (2) exceptional customer service; (3) quick processing of claims; (4) no inappropriate billing by participating dentists; (5) accurate and quick turnaround of identification cards; (6) timely employee booklets; and (7) marketing service contracts. In the event one or more of these service guarantees are not met, a cash reimbursement is provided.
Maine Dental Service Corporation Inc. is one of three members of the Northeast Delta Dental Foundation. The company contributes .075% of annual budgeted revenue, as well as 10% of annual revenue in...
Maine Dental Service Corporation Inc. is one of three members of the Northeast Delta Dental Foundation. The company contributes .075% of annual budgeted revenue, as well as 10% of annual revenue in excess of expenses, to the Northeast Delta Dental Foundation. The Northeast Delta Dental Foundation's purpose is to improve the access to, and the quality of, oral health care and education for the public and dental communities in Maine, New Hampshire, and Vermont. The Northeast Delta Dental Foundation awards numerous grants to community organizations and programs.
Maine Dental Service Corporation (MDSC) participated in Northeast Delta Dental's initiative to attract more dentists to Northern New England. Through this program, MDSC contributed to a shared pool...
Maine Dental Service Corporation (MDSC) participated in Northeast Delta Dental's initiative to attract more dentists to Northern New England. Through this program, MDSC contributed to a shared pool of funds administered by the Recruitment Center at Bi-State Primary Care Association (Bi-State). These funds support dental student loan repayment and forgiveness plans, and help to retain qualified dental health professionals in the New England region. During this tax year, MDSC provided nearly $420,000 in grants to 12 recipients within this initiative, bolstering New England's professional dental care workforce and capacity and improving access to dental care in Maine.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $197,795,238 | $184,818,836 | +0.1% |
| Expenses | $196,103,650 | $176,984,809 | +0.1% |
| Net Income | $1,691,588 | $7,834,027 | -0.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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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 |
|---|---|---|---|---|---|---|
| Jeffrey R Walawender DDS | Chair & Director | 3.00 |
Officer
Director
|
$33,781 | $0 | $33,781 |
| Bruce Nickerson CPA | Vice Chair & Director | 3.00 |
Officer
Director
|
$20,625 | $0 | $20,625 |
| Laura Oakes DMD | Director | 3.00 |
Officer
Director
|
$11,925 | $0 | $11,925 |
| Katherin O'Grady | Treasurer & Director | 3.00 |
Director
|
$11,425 | $0 | $11,425 |
| Grace Odimayo DMD | Director | 3.00 |
Director
|
$11,425 | $0 | $11,425 |
| Scott Normandeau | Director | 3.00 |
Director
|
$10,700 | $0 | $10,700 |
| Kathy Reynolds | Director & Past Vice Chair | 3.00 |
Officer
Director
|
$10,700 | $0 | $10,700 |
| Kristine Avery SPHR | Director | 3.00 |
Director
|
$9,725 | $0 | $9,725 |
| Stephanie Pouzol DMD | Director | 3.00 |
Director
|
$9,250 | $0 | $9,250 |
| Melissa Haidu-Sylvia DDS | Director | 3.00 |
Director
|
$9,250 | $0 | $9,250 |
| Jennifer Thompson | Director | 3.00 |
Director
|
$9,250 | $0 | $9,250 |
| Burton Rankie DDS | Director | 3.00 |
Director
|
$9,250 | $0 | $9,250 |
| Marcia Minter | Director | 3.00 |
Director
|
$8,525 | $0 | $8,525 |
| David Daigler CPA | Director | 3.00 |
Director
|
$5,800 | $0 | $5,800 |
| Craig Bradford Rand DDS | Director (end 4/2024) | 3.00 |
Director
|
$3,625 | $0 | $3,625 |
| Ayla Nelson DMD | Director (start 4/2024) | 3.00 |
Director
|
$725 | $0 | $725 |
| Thomas Raffio | DDPNH President & CEO | 10.00 |
Officer
|
$1,112,510 | $72,619 | $1,185,129 |
| Laurie Bienefeld | DDPNH Vice President of Finance | 10.00 |
Officer
|
$265,206 | $22,378 | $287,584 |
| Benjamin Marcus Esq | Board Clerk | 3.00 |
Officer
|
$12,037 | $0 | $12,037 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $197,795,238 | $196,103,650 | $86,384,684 | $1,691,588 |
| 2023 | $184,818,836 | $176,984,809 | $83,523,588 | $7,834,027 |
| 2022 | $164,272,761 | $160,372,570 | $75,628,828 | $3,900,191 |
| 2021 | $148,164,665 | $143,755,056 | $78,079,521 | $4,409,609 |
| 2020 | $124,170,949 | $119,763,631 | $71,533,657 | $4,407,318 |
| 2019 | $130,130,647 | $130,805,515 | $61,952,148 | $-674,868 |
| 2018 | $127,831,226 | $126,803,519 | $56,639,044 | $1,027,707 |
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