Maine Economic Research Institute
- Assets
- $15.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Augusta, ME
- Founding
- 12/1999
- Data as of
- 06/2022
- EIN
- 01-0527800
Organization Overview
Maine Economic Research Institute is located in Augusta, ME. The organization was established in 1999. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Economic Research Institute is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Maine Economic Research Institute generated $35.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $33.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
STATEWIDE BRIEFINGS TO REPORT RESEARCH FINDINGS. PRESENTED AT MORE THAN 30 LOCATIONS AND ATTENDED BY APPROXIMATELY 400 PARTICIPANTS.
STATEWIDE BRIEFINGS TO REPORT RESEARCH FINDINGS. PRESENTED AT MORE THAN 30 LOCATIONS AND ATTENDED BY APPROXIMATELY 400 PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clifton Greim Chair/direct | 0.25 | $0 | |
Simon West President/ D | 0.25 | $0 | |
Kimberly N Lindlof V. Chair/dir | 0.25 | $0 | |
Nikki Morton Director | 0.25 | $0 | |
Judy Knapp Director | 0.25 | $0 | |
Stacey Fitts Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,600 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,600 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $31,760 |
| Occupancy, rent, utilities, and maintenance | $1,749 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,957 |
| Total expenses | $33,717 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,425 |
| Other assets | $0 |
| Total assets | $15,425 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,425 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maine Credit Union League Portland, ME | $3,478,301 | $1,622,181 |
New England Conference Of Public Utilities Commissioners Inc Concord, NH | $406,487 | $389,002 |
Brotherhood Of Railroad Signalmen Winchester, NH | $31,301 | $0 |
Maine Economic Research Institute Augusta, ME | $15,425 | $0 |
National Association Of Governmental Labor Officials Augusta, ME | $180,374 | $0 |
Londonderry Police Association Londonderry, NH | $42,833 | $0 |
New England Shoe Foremen And Superintendents Association Perman Dover, NH | $191,463 | $0 |