Maine Pooled Disability Tr
- Assets
- $193.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Augusta, ME
- Founding
- 05/2005
- Data as of
- 06/2022
- EIN
- 04-3702712
Organization Overview
Maine Pooled Disability Tr is located in Augusta, ME. The organization was established in 2005. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Pooled Disability Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Maine Pooled Disability Tr generated $63.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $74.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) 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
ASSET MANAGEMENT FOR DISABLED PERSONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Reinhold Bansmer Executive Director | 40 | $45,225 | |
Eric Cote Trustee/chairman | 1 | $0 | |
Veronica M Sheehan Trustee | 1 | $0 | |
Joan Cook Trustee/treasurer | 2 | $0 | |
Michael J Kemna Trustee | 1 | $0 | |
Rebekah Hadiaris Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $63,057 |
| Membership dues | $0 |
| Investment income | $436 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,493 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,225 |
| Professional fees and other payments to independent contractors | $5,329 |
| Occupancy, rent, utilities, and maintenance | $1,145 |
| Printing, publications, postage, and shipping | $573 |
| Other expenses | $9,953 |
| Total expenses | $74,025 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $193,739 |
| Other assets | $0 |
| Total assets | $193,739 |
| Total liabilities | $0 |
| Net assets or fund balances | $193,739 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cambridge Credit Counseling Corp Agawam, MA | $10,545,696 | $7,101,425 |
Prosperityme Portland, ME | $1,748,540 | $1,422,676 |
Budget Buddies Inc Boston, MA | $902,646 | $903,739 |
Economic Empowerment Trust Fund Boston, MA | $140,758 | $350,310 |
Class Action Network Inc Jamaica Plain, MA | $226,694 | $215,360 |
Massachusetts 911 Fund Inc Boston, MA | $1,000,659 | $195,945 |
Financial Education Associates Inc Boston, MA | $121,017 | $0 |
Institute For Financial Literacy Inc Portland, ME | $432,498 | $153,749 |