Northern Maine Independent System Administrator Inc

EIN: 010527319 501(c)(3) Public & Societal Benefit

Bangor, ME

Total Revenue
$1,087,315
Total Expenses
$1,087,315
Total Assets
$1,456,663
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
1999
Legal Domicile
ME
Principal Officer
Dwayne Conley
Phone
2079924721
Tax Period
2025-01-01 to 2025-12-31

Northern Maine Independent System Administrator Inc, founded in 1999, is a community nonprofit in the Public & Societal Benefit sector that reported $1.1M in total revenue in fiscal year 2025. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

To facilitate electric retail competition in Northern 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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,056,895
Investment Income $30,420
Other Revenue $0
TOTAL REVENUE $1,087,315

Expense Breakdown

Grants Paid $0
Salaries & Benefits $815,023
Fundraising Expenses $0
Program Expenses $793,293
Other Expenses $272,292
TOTAL EXPENSES $1,087,315

Year-over-Year Comparison

2025 2024 Change
Revenue $1,087,315 $934,872 +0.2%
Expenses $1,087,315 $934,872 +0.2%
Net Income $0 $0 N/A
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
8
Independent Members
8
Employees
4
Volunteers
8

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
$525,966
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Douglas Stevenson Chairman 0.50
Officer Director
$0 $0 $0
Greg Sherman Vice Chairman 0.50
Officer Director
$0 $0 $0
Josh Philbrook Clerk and Treasurer 0.50
Officer Director
$0 $0 $0
Rob Gillies Director 0.50
Director
$0 $0 $0
Scott Hallowell Director 0.50
Director
$0 $0 $0
Aleksandar Mitreski Director 0.50
Director
$0 $0 $0
Dave Norman Director 0.50
Director
$0 $0 $0
Paul Towle Director 0.50
Director
$0 $0 $0
Dwayne Conley President & CEO 40.00
Officer
$194,128 $52,426 $246,554
Ken Belcher Past President & CEO 40.00
Officer
$244,124 $35,288 $279,412
Tyler Stewart Technical Analyst 40.00
Highest
$103,044 $22,075 $125,119
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 $1,087,315 $1,087,315 $1,456,663 No data
2024 $934,872 $934,872 $1,787,004 No data
2023 $1,059,798 $1,059,798 $1,856,072 No data
2022 $1,121,875 $1,121,875 $2,378,425 No data
2021 $1,121,553 $1,121,553 $1,297,192 No data
2020 $991,306 $991,306 $1,223,552 No data
2019 $889,990 $889,990 $1,260,531 No data
2018 $839,503 $839,503 $1,455,862 No data
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