Southern Maine Agency on Aging

EIN: 010360259 501(c)(3) Human Services

Biddeford, ME

Total Revenue
$8,436,343
Total Expenses
$8,293,375
Total Assets
$9,354,085
Net Assets
$5,503,266
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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
ME
Principal Officer
Megan Walton
Phone
2073966500
Tax Period
2024-10-01 to 2025-09-30

Southern Maine Agency on Aging, founded in 1978, is a community nonprofit in the Human Services sector that reported $8.4M in total revenue in fiscal year 2024.

Mission

The Southern Maine Agency on Aging is the focal point in Cumberland and York counties for resources, services and information to empower older adults, adults with disabilities, and their caregivers to live to their fullest potential.

Program Service Accomplishments

Program 1
Expenses: $2,639,708 Revenue: $224,228

Nutrition program for the elderly provides meals to 4,000 older adults at congregate sites and home delivered meals.

Program 2
Expenses: $408,157 Revenue: $34,671

Community Services provides approximately 9,500 Information & Referral contacts to over 6,200 older and disabled adults.

Program 3
Expenses: $3,669,673 Revenue: $311,716

We extended our adult day program for older adults living with memory loss from one to two locations, Biddeford and Springvale. We continued to expand our service delivery offerings for many of our...

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We extended our adult day program for older adults living with memory loss from one to two locations, Biddeford and Springvale. We continued to expand our service delivery offerings for many of our services, including Family Caregiver Support Groups and Training, Health and Wellness Classes, Health Insurance Counseling, Information and Assistance, Money Minders, and Nutrition Counseling.We reintroduced the Independent Housing with Services Program (IHSP). The IHSP provides comprehensive services that are delivered on site to help individuals live as independently as possible. Services include service coordination, care management, housekeeping, chore assistance services, and other services to help individuals maintain independence. Vaccine initiative is a collaboration of the five Maine Agencies on Aging to educate Mainers over 60 years old about the importance of staying up-to-date on immunizations, including COVID-19, Flu, RSV and Pneumonia vaccines. The Agencies on Aging offer clinics in communities across Maine to help Mainers get immunized. This initiative was completed in FY25.Community Connections is a pilot program and is a collaboration of the five Maine Agencies on Aging to support people residing in the community and help prevent or delay use of institutional services. We introduced the Respite Care Companion Program with grant funding from the National Community Care Corps. Volunteers are matched with older adults who have difficulty living independently and their family caregivers. During consistent, weekly visits from the volunteer, care recipients enjoy social connection while caregivers receive respite to improve their mental, emotional, physical, and financial health, and their ability continue supporting their loved ones at home.The Alzheimer's Disease Programs Initiative (ADPI) grant has supported the implementation of several new dementia-focused services at SMAA. The ADPI-funded Compass Program is a new care coordination service providing education, tools, and resource navigation for the caregivers of individuals living with dementia. The grant also funds expanded dementia-competency training for our staff, volunteers, and community partners; these trainings include a 3-part series for Direct Support Professionals serving individuals with intellectual and developmental disabilities, as well as Gatekeeper Training for our Meals on Wheels staff and volunteers. Additionally, the ADPI grant has supported the development of a new Adult Day Program at our Portland Campus, which provides structured support and socialization for individuals living with dementia, as well as respite for caregivers.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,835,192
Program Service Revenue $570,615
Investment Income $40,983
Other Revenue $-10,447
TOTAL REVENUE $8,436,343

Expense Breakdown

Grants Paid $718,022
Salaries & Benefits $3,992,383
Fundraising Expenses $388,084
Program Expenses $6,717,538
Other Expenses $3,582,970
TOTAL EXPENSES $8,293,375

Year-over-Year Comparison

2024 2023 Change
Revenue $8,436,343 $7,834,779 +0.1%
Expenses $8,293,375 $7,684,313 +0.1%
Net Income $142,968 $150,466 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
83
Volunteers
435

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
8
$441,052
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anne Dalton President 2.00
Officer Director
$0 $0 $0
Stephen Braverman Vice President 1.00
Officer Director
$0 $0 $0
Craig Lennon Secretary 1.00
Officer Director
$0 $0 $0
Robert Hunter Treasurer 2.00
Officer Director
$0 $0 $0
Jim Clark Director 1.00
Director
$0 $0 $0
Bill Hall Director 1.00
Director
$0 $0 $0
Ann Hastings Director 1.00
Director
$0 $0 $0
John Holland Director 1.00
Director
$0 $0 $0
Herb Janick Director 1.00
Director
$0 $0 $0
Ben Jenkinson Director 1.00
Director
$0 $0 $0
Nancy Koglmeier Director 1.00
Director
$0 $0 $0
Allison Kusel Director 1.00
Director
$0 $0 $0
Rep Michele Meyer Director 1.00
Director
$0 $0 $0
Mike Tarpinian Director 1.00
Director
$0 $0 $0
Laurie Riedel CFO 40.00
Officer
$0 $0 $0
Renee Longarini COO 40.00
Officer
$109,031 $9,323 $118,354
Megan Walton CEO 40.00
Officer
$190,714 $8,937 $199,651
Margaret Callan Past CFO 40.00
Officer
$108,232 $14,815 $123,047
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
2025 $8,436,343 $8,293,375 $9,354,085 $142,968
2024 $7,834,779 $7,684,313 $7,203,271 $150,466
2023 $6,677,177 $6,595,923 $6,475,638 $81,254
2022 $5,037,771 $4,868,124 $6,670,044 $169,647
2021 $5,734,011 $4,596,089 $6,278,600 $1,137,922
2020 $5,761,881 $5,661,046 $7,093,169 $100,835
2019 $5,591,745 $6,141,963 $5,871,966 $-550,218
2018 $5,785,890 $6,137,229 $6,481,887 $-351,339
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