MAINE ENERGY MARKETERS ASSOCIATION EDUCATION FOUNDATION

EIN: 010511224 501(c)(3) Employment

BRUNSWICK, ME

Total Revenue
$1,444,192
Total Expenses
$1,282,622
Total Assets
$2,891,151
Net Assets
$2,721,613
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
ME
Phone
2077295298
Tax Period
2024-12-01 to 2025-11-30

MAINE ENERGY MARKETERS ASSOCIATION EDUCATION FOUNDATION, founded in 1996, is a community nonprofit in the Employment sector that reported $1.4M in total revenue in fiscal year 2024. Expenses of $1.3M left a modest 11% surplus.

Mission

PROMOTION OF HEATING FUELS, MOTOR FUELS, CONVENIENCE STORES AND EQUIPMENT THROUGH EDUCATIONAL COURSES AND PUBLIC EDUCATION ANNOUNCEMENTS.

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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 $161,231
Program Service Revenue $1,275,394
Investment Income $7,966
Other Revenue $-399
TOTAL REVENUE $1,444,192

Expense Breakdown

Grants Paid $11,312
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $898,307
Other Expenses $1,271,310
TOTAL EXPENSES $1,282,622

Year-over-Year Comparison

2024 2023 Change
Revenue $1,444,192 $1,454,995 0.0%
Expenses $1,282,622 $1,147,152 +0.1%
Net Income $161,570 $307,843 -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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Governance

Voting Members
29
Independent Members
29
Employees
N/A
Volunteers
40

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
5
$191,428
Total Directors
29
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARTER VAILLANCOURT CHAIR 0.50
Officer Director
$0 $0 $0
CASEY CRAMTON VICE CHAIR 0.50
Officer Director
$0 $0 $0
KATIE FOSTER TREASURER 0.50
Officer Director
$0 $0 $0
MATT POOLE SECRETARY 0.50
Officer Director
$0 $0 $0
ROGER ARSENAULT DIRECTOR 0.50
Director
$0 $0 $0
DAVID BABCOCK DIRECTOR 0.50
Director
$0 $0 $0
PETER BUOTTE DIRECTOR 0.50
Director
$0 $0 $0
CHARLIE BURNHAM DIRECTOR 0.50
Director
$0 $0 $0
JIM CARROLL DIRECTOR 0.50
Director
$0 $0 $0
JUDY DELANEY DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL ESTES DIRECTOR 0.50
Director
$0 $0 $0
PAM GIORDANO DIRECTOR 0.50
Director
$0 $0 $0
TIM HEUTZ DIRECTOR 0.50
Director
$0 $0 $0
BRIAN HOLMES DIRECTOR 0.50
Director
$0 $0 $0
MAX MARSTON DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL MCCORMACK DIRECTOR 0.50
Director
$0 $0 $0
STEVE MCGRATH DIRECTOR 0.50
Director
$0 $0 $0
STEVE NESS DIRECTOR 0.50
Director
$0 $0 $0
PAULA PALMER DIRECTOR 0.50
Director
$0 $0 $0
JIM PIKE DIRECTOR 0.50
Director
$0 $0 $0
JAMIE ROBINSON DIRECTOR 0.50
Director
$0 $0 $0
TOM SCHWARM DIRECTOR 0.50
Director
$0 $0 $0
KRISTYN SCHWEITZER DIRECTOR 0.50
Director
$0 $0 $0
ELWIN SCOTT DIRECTOR 0.50
Director
$0 $0 $0
ROBERT SHIBLEY DIRECTOR 0.50
Director
$0 $0 $0
MARK ST GERMAIN DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL TAMMARO DIRECTOR 0.50
Director
$0 $0 $0
CARRIE TOMFORDE DIRECTOR 0.50
Director
$0 $0 $0
JEFF WEBB DIRECTOR 0.50
Director
$0 $0 $0
CHARLES SUMMERS PRESIDENT/CEO 14.00
Officer
$0 $6,226 $191,428
ROGER MITCHELL DEAN 0.00
Highest
$0 $0 $142,265
MEGAN DIVER VICE PRESIDENT 0.00
Highest
$0 $0 $116,164
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 $1,444,192 $1,282,622 $2,891,151 $161,570
2024 $1,454,995 $1,147,152 $2,564,514 $307,843
2023 $1,147,283 $1,033,327 $2,143,255 $113,956
2022 $1,057,294 $1,002,937 $1,949,630 $54,357
2021 $1,014,386 $868,224 $1,974,189 $146,162
2020 $789,965 $762,409 $1,834,051 $27,556
2019 $1,062,433 $944,216 $1,764,119 $118,217
2018 $1,177,133 $785,043 $1,532,868 $392,090
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