Employees of Municipal & Other Pub- Lic Employers of Me Health Ins Tr
501(c)(9)
Only null% goes to programs Growing revenue
Employees of Municipal & Other Pub- Lic Employers of Me Health Ins Tr is a 501(c)(9) organization based in Augusta, Maine, registered in 1982, with $213,362,776 in FY2024 revenue. CharityIndex grades it A.
60 Community Dr, Augusta, ME, 04330 EIN 01-0382676 Since 1982
Revenue (FY2024)
$213.4M
▲ 7.4% vs prior year
Expenses (FY2024)
$216.7M
Net assets
$96.4M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Employees of Municipal & Other Pub- Lic Employers of Me Health Ins Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · -2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Employees of Municipal & Other Pub- Lic Employers of Me Health Ins Tr: 5 mo reserves · -2% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Employees of Municipal & Other Pub- Lic Employers of Me Health Ins Tr: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Employees of Municipal & Other Pub- Lic Employers of Me Health Ins Tr: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
To provide quality health and other related benefits on a self insured basis to employees of participating municipalities, counties, quasi-municipal and other public and non-profit entities in the state of maine.
Contact & location
Financial trends
Revenue grew from $177.4M (FY2020) to $213.4M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $24.0MNet assets $96.4M
Operating margin
-1.6%
Spent more than it raised in the latest fiscal year.
Total assets
$120.4M
Total liabilities
$24.0M
Net assets
$96.4M
Salaries & benefits
$0
0% of expenses
Board members
11
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $213,362,776▲7.4% | $216,728,202▲5.8% | $96,359,005▲6.1% | $120,397,185▲5.6% | 990 |
| 2023 | $198,593,935▲7.5% | $204,761,655▲14.2% | $90,834,993▼4.8% | $114,007,131▼3.1% | 990 |
| 2022 | $184,664,669▲4.0% | $179,256,637▲4.9% | $95,454,103▼1.4% | $117,681,298▲0.7% | 990 |
| 2021 | $177,623,871▲0.1% | $170,875,284▲8.4% | $96,840,424▲5.8% | $116,909,918▲5.8% | 990 |
| 2020 | $177,368,483 | $157,607,492 | $91,569,585 | $110,452,085 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dale Olmstead | Trustee | 1 | — |
| Diane Barnes | Trustee | 1 | — |
| Donald Gerrish | Trustee | 1 | — |
| Ellen Bemis | Secretary | 1 | — |
| Erin Herbig | Trustee | 1 | — |
| Gregory L'heureux | Trustee | 1 | — |
| James Gailey | Vice Chair Person | 1 | — |
| Jessica Maloy | Trustee | 1 | — |
| Jonathan Carter | Trustee | 1 | — |
| Melissa Flayhan | Chair Person | 1 | — |
| Stephen Fields | Trustee | 1 | — |
Frequently asked questions
- Is Employees of Municipal & Other Pub- Lic Employers of Me Health Ins Tr a legitimate nonprofit?
- Yes. Employees of Municipal & Other Pub- Lic Employers of Me Health Ins Tr is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 01-0382676, based in Augusta, Maine.
- What is Employees of Municipal & Other Pub- Lic Employers of Me Health Ins Tr's EIN?
- Employees of Municipal & Other Pub- Lic Employers of Me Health Ins Tr's Employer Identification Number (EIN) is 01-0382676.
- How much revenue does Employees of Municipal & Other Pub- Lic Employers of Me Health Ins Tr report?
- Employees of Municipal & Other Pub- Lic Employers of Me Health Ins Tr reported $213,362,776 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Employees of Municipal & Other Pub- Lic Employers of Me Health Ins Tr have?
- CharityIndex grades Employees of Municipal & Other Pub- Lic Employers of Me Health Ins Tr A, based on financial health (reserves and operating margin).
- How much does Employees of Municipal & Other Pub- Lic Employers of Me Health Ins Tr's highest-paid employee make?
- The highest reported compensation on Employees of Municipal & Other Pub- Lic Employers of Me Health Ins Tr's latest Form 990 is $0, paid to Dale Olmstead (Trustee).
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Data for Employees of Municipal & Other Pub- Lic Employers of Me Health Ins Tr (EIN 01-0382676) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.