Employees of Municipal & Other Public Employers of Maine Health Ins Trust (EIN 010382676) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Phone

2076238428

Tax Period

2024-01-01 to 2024-12-31

Employees of Municipal & Other Public Employers of Maine Health Ins Trust, founded in 1982, is a major nonprofit that reported $213.4M in total revenue in fiscal year 2024.

Mission

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.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $209,800,467

Investment Income $3,562,309

Other Revenue $0

TOTAL REVENUE $213,362,776

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $9,110,380

TOTAL EXPENSES $216,728,202

Year-over-Year Comparison

	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%

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

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

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	$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

Employees of Municipal & Other Public Employers of Maine Health Ins Trust