Augusta, ME
4 risk indicators measuring financial stability and operational resilience
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Sign InEmployees of Municipal & Other Public Employers of Maine Health Ins Trust is a tax-exempt nonprofit with EIN 010382676, based in Augusta, ME. Founded in 1982, the organization files IRS Form 990 and reported its most recent data for fiscal year 2024. In that period, it reported $213,362,776 in total revenue and $216,728,202 in total expenses, with net assets of $96,359,005.
To provide quality health and other related benefits on a self insured basis to employees of participating municipalities, counties, quasi-municipal and other public and non-profit entities in the State of Maine.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $213,362,776 | $198,593,935 | +0.1% |
| Expenses | $216,728,202 | $204,761,655 | +0.1% |
| Net Income | $-3,365,426 | $-6,167,720 | -0.5% |
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 |
|---|---|---|---|---|---|---|
| Gregory L'Heureux | Trustee | 001.00 |
Director
|
$0 | $0 | $0 |
| Stephen Fields | Trustee | 001.00 |
Director
|
$0 | $0 | $0 |
| Donald Gerrish | Trustee | 001.00 |
Director
|
$0 | $0 | $0 |
| Ellen Bemis | Secretary | 001.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jonathan Carter | Trustee | 001.00 |
Director
|
$0 | $0 | $0 |
| Dale Olmstead | Trustee | 001.00 |
Director
|
$0 | $0 | $0 |
| Erin Herbig | Trustee | 001.00 |
Director
|
$0 | $0 | $0 |
| James Gailey | Vice Chair Person | 001.00 |
Officer
Director
|
$0 | $0 | $0 |
| Melissa Flayhan | Chair Person | 001.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jessica Maloy | Trustee | 001.00 |
Director
|
$0 | $0 | $0 |
| Diane Barnes | Trustee | 001.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $213,362,776 | $216,728,202 | $120,397,185 | $-3,365,426 |
| 2023 | $198,593,935 | $204,761,655 | $114,007,131 | $-6,167,720 |
| 2022 | $184,664,669 | $179,256,637 | $117,681,298 | $5,408,032 |
| 2021 | $177,623,871 | $170,875,284 | $116,909,918 | $6,748,587 |
| 2020 | $177,368,483 | $157,607,492 | $110,452,085 | $19,760,991 |
Compare Employees of Municipal & Other Public Employers of Maine Health Ins Trust with other nonprofits in Maine and across the country.