MAINE REAL ESTATE & DEVELOPMENT ASSOCIATION (EIN 010416849) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

MARK STASIUM

Phone

2078740801

Tax Period

2024-07-01 to 2025-06-30

MAINE REAL ESTATE & DEVELOPMENT ASSOCIATION is a tax-exempt nonprofit with EIN 010416849, based in PORTLAND, ME. Founded in 1985, the organization files IRS Form 990 and reported its most recent data for fiscal year 2024. In that period, it reported $646,228 in total revenue and $577,018 in total expenses, with net assets of $441,494.

Mission

EDUCATION, ADVOCACY AND NETWORKING

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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

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

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

$119,719

Total Directors

Key Employees

Highest Compensated

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

MAINE REAL ESTATE & DEVELOPMENT ASSOCIATION