Westbrook, ME
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)Maine Financial Institutions Employee Benefits Trust, founded in 2010, is a mid-sized nonprofit in the Mutual Benefit sector that reported $37.1M in total revenue in fiscal year 2025. Expenses of $35.7M left a modest 4% surplus.
The VEBA trust was formed for the purpose of funding and administering employee benefit plans established and maintained by members of the Maine Bankers Association for their respective employees.
The Maine Financial Institutions Employee Benefits Trust funds and administers the Maine Bankers Association Employee Benefit Plan (the Plan) established and maintained by certain Maine financial...
The Maine Financial Institutions Employee Benefits Trust funds and administers the Maine Bankers Association Employee Benefit Plan (the Plan) established and maintained by certain Maine financial institutions for their respective employees.The Plan offers health, life, accidental death and dismemberment, hospital, surgical, prescription drug, dental, vision, accident expenses, basic and major medical, long- and short-term disability coverage, and sponsors participation based wellness programs for participating members of Maine Bankers Association.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $37,072,317 | $35,016,697 | +0.1% |
| Expenses | $35,715,300 | $34,973,651 | +0.0% |
| Net Income | $1,357,017 | $43,046 | +30.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Timothy Thompson | Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jeanne Hulit | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Stephen deCastro | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Robert Montgomery-Rice | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Matt Nightingale | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| David Cohen | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Lannie Moffatt | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Glenn Hutchinson | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Mark Jones | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Blaine Boudreau | Past Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| James J Roche | President | 0.47 |
Officer
|
$0 | $23,320 | $475,822 |
| Marcia M Ferguson | Chief Operating Officer | 27.99 |
Officer
|
$0 | $21,507 | $232,262 |
| Liza M Wells | VP & Treasurer | 11.61 |
Officer
|
$0 | $18,023 | $157,987 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $37,072,317 | $35,715,300 | $12,983,519 | $1,357,017 |
| 2024 | $35,016,697 | $34,973,651 | $12,000,177 | $43,046 |
| 2023 | $34,804,942 | $37,255,454 | $12,584,943 | $-2,450,512 |
| 2022 | $30,607,059 | $31,450,649 | $14,437,757 | $-843,590 |
| 2021 | $31,217,132 | $29,318,033 | $15,345,410 | $1,899,099 |
| 2020 | $29,142,977 | $26,198,158 | $13,742,668 | $2,944,819 |
| 2019 | $27,862,085 | $28,713,268 | $10,807,821 | $-851,183 |
| 2018 | $34,637,360 | $34,343,811 | $12,572,132 | $293,549 |
Compare Maine Financial Institutions Employee Benefits Trust with other nonprofits in Maine and across the country.