MAINE REAL ESTATE & DEVELOPMENT ASSOCIATION

EIN: 010416849

PORTLAND, ME

Total Revenue
$646,228
Total Expenses
$577,018
Total Assets
$462,944
Net Assets
$441,494
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
ME
Principal Officer
MARK STASIUM
Phone
2078740801
Tax Period
2024-07-01 to 2025-06-30

MAINE REAL ESTATE & DEVELOPMENT ASSOCIATION, founded in 1985, is a small nonprofit that reported $646K in total revenue in fiscal year 2024. Expenses of $577K left a modest 11% surplus.

Mission

EDUCATIONAL SEMINARS FOR MEMBERS OF THE REAL ESTATE INDUSTRY, CONTINUING EDUCATION, MEMBER COMMUNICATIONS, ADVOCACY AND NETWORKING.

Program Service Accomplishments

Program 1
Expenses: $577,018 Revenue: $293,869

EDUCATIONAL SEMINARS FOR MEMBERS OF THE REAL ESTATE INDUSTRY, CONTINUING EDUCATION, MEMBER COMMUNICATIONS, ADVOCACY AND NETWORKING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $325,430
Program Service Revenue $293,869
Investment Income $14,308
Other Revenue $12,621
TOTAL REVENUE $646,228

Expense Breakdown

Grants Paid $15,000
Salaries & Benefits $147,253
Fundraising Expenses $0
Program Expenses $577,018
Other Expenses $414,765
TOTAL EXPENSES $577,018

Year-over-Year Comparison

2024 2023 Change
Revenue $646,228 $641,544 +0.0%
Expenses $577,018 $624,044 -0.1%
Net Income $69,210 $17,500 +3.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
30
Independent Members
30
Employees
2
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
6
$119,719
Total Directors
31
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG YOUNG DIRECTOR 1.00
Director
$0 $0 $0
TYLER NOROD DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY CALCAGNI DIRECTOR 1.00
Director
$0 $0 $0
GARY VOGEL VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ROXANE COLE DIRECTOR 1.00
Director
$0 $0 $0
REBECCA WEST GREENFIELD DIRECTOR 1.00
Director
$0 $0 $0
JASON FAVREAU VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JENNIFER SMALL VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JOSH FIFIELD DIRECTOR 1.00
Director
$0 $0 $0
MATT EARLY DIRECTOR 1.00
Director
$0 $0 $0
JASON HOWE DIRECTOR 1.00
Director
$0 $0 $0
RICK FLAGG DIRECTOR 1.00
Director
$0 $0 $0
PAUL PECK DIRECTOR 1.00
Director
$0 $0 $0
THERESA HODGE DIRECTOR 1.00
Director
$0 $0 $0
LISA BEELER DIRECTOR 1.00
Director
$0 $0 $0
ERIK JORGENSEN DIRECTOR 1.00
Director
$0 $0 $0
TANYA EMERY DIRECTOR 1.00
Director
$0 $0 $0
SHAWN MCKENNA DIRECTOR 1.00
Director
$0 $0 $0
NICK CORMIER DIRECTOR 1.00
Director
$0 $0 $0
BENJAMIN BRENNAN DIRECTOR 1.00
Director
$0 $0 $0
SHANNON RICHARDS PRESIDENT 1.00
Officer Director
$0 $0 $0
MARK STASIUM TREASURER 1.00
Officer Director
$0 $0 $0
MATT PITZER DIRECTOR 1.00
Director
$0 $0 $0
TIFFANY DEMBOWSKI DIRECTOR 1.00
Director
$0 $0 $0
DICK PRENTICE DIRECTOR 1.00
Director
$0 $0 $0
MATT WORTHEN DIRECTOR 1.00
Director
$0 $0 $0
GWEN HULIT DIRECTOR 1.00
Director
$0 $0 $0
JOSH SOLEY DIRECTOR 1.00
Director
$0 $0 $0
MARK SCHAUB DIRECTOR 1.00
Director
$0 $0 $0
JEREMY DEERING DIRECTOR 1.00
Director
$0 $0 $0
RON DOVICH DIRECTOR 1.00
Director
$0 $0 $0
SHELLY CLARK SECRETARY & EXECUTIVE DIRECTOR 40.00
Officer
$119,719 $0 $119,719
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 $646,228 $577,018 $462,944 $69,210
2024 No data No data No data No data
2023 $640,845 $606,058 $366,234 $34,787
2022 $488,287 $442,004 $376,334 $46,283
2021 $392,302 $428,266 $350,883 $-35,964
2020 $464,687 $468,212 $370,696 $-3,525
2019 $537,528 $472,791 $320,818 $64,737
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