CENTRAL MAINE POWER CO POST-RETIREMENT MEDICAL PLAN TRUST FOR NONUNION EMPLOYEE

EIN: 010517035

ORANGE, CT

Total Revenue
$266,129
Total Expenses
$430,559
Total Assets
N/A
Net Assets
N/A
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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
1997
Legal Domicile
ME
Principal Officer
DAVID BEBER
Phone
2034992000
Tax Period
2022-01-01 to 2022-12-31

CENTRAL MAINE POWER CO POST-RETIREMENT MEDICAL PLAN TRUST FOR NONUNION EMPLOYEE, founded in 1997, is a small nonprofit that reported $266K in total revenue in fiscal year 2022. Revenue fell 81% from the prior year — a significant decline worth monitoring. Expenses of $431K exceeded revenue, resulting in a 62% operating deficit.

Mission

FUNDS SELF-INSURED MEDICAL PLAN FOR NON-UNION MEMBERS

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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 (2022)

Revenue Breakdown

Contributions & Grants $264,701
Program Service Revenue $0
Investment Income $1,428
Other Revenue $0
TOTAL REVENUE $266,129

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,000
Fundraising Expenses $0
Other Expenses $425,038
TOTAL EXPENSES $430,559

Year-over-Year Comparison

2022 2021 Change
Revenue $266,129 $1,403,057 -0.8%
Expenses $430,559 $7,659,681 -0.9%
Net Income $-164,430 $-6,256,624 -1.0%
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

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Governance

Voting Members
1
Independent Members
N/A
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE 1.00
$5,000 $0 $5,000
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
2022 $266,129 $430,559 No data $-164,430
2021 $1,403,057 $7,659,681 $164,430 $-6,256,624
2020 $875,078 $860,516 $6,421,054 $14,562
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