Maine Community Health Options
97% goes to programs Growing revenue
Maine Community Health Options is a 501(c)(29) organization based in New Gloucestr, Maine, registered in 2012, with $303,837,975 in FY2024 revenue. CharityIndex grades it B, and it directs about 97% of spending to programs.
60 Pineland Dr Ste 301, New Gloucestr, ME, 04260 EIN 45-3416923 Since 2012
Revenue (FY2024)
$303.8M
▼ 0.8% vs prior year
Membership median: $185K
Expenses (FY2024)
$337.1M
Net assets
$45.5M
Employees
214
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
C+Program efficiency40% of the rating97% to programs
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. For Maine Community Health Options: 97% to programs earns a C+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating2 mo reserves · -11% 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 Maine Community Health Options: 2 mo reserves · -11% margin earns a C+ 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 Maine Community Health Options: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Maine Community Health Options: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To partner with maine people, businesses, and health professionals to provide affordable, high-quality benefits that promote health and wellbeing.
Contact & location
- Address
- 60 Pineland Dr Ste 301, New Gloucestr, ME, 04260
- City
- New Gloucestr
- State
- Maine
- Category
- Mutual & Membership Benefit
- Subcategory
- Insurance Providers
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $404.0M (FY2015) to $303.8M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $78.8MNet assets $45.5M
Operating margin
-11.0%
Spent more than it raised in the latest fiscal year.
Total assets
$124.3M
Total liabilities
$78.8M
Net assets
$45.5M
Salaries & benefits
$23.4M
7% of expenses
Board members
17
17 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $303,837,975▼0.8% | $337,142,473▲1.9% | $45,483,712▼49.9% | $124,258,026▼20.9% | 990 |
| 2023 | $306,360,987▲27.4% | $330,991,903▲29.4% | $90,706,404▼23.6% | $157,104,410▼5.3% | 990 |
| 2022 | $240,547,158▲28.5% | $255,746,072▲23.5% | $118,783,016▼1.3% | $165,981,999▼9.8% | 990 |
| 2021 | $187,137,640▼18.8% | $207,148,584▲19.0% | $120,389,917▼14.1% | $184,016,792▼16.0% | 990 |
| 2020 | $230,534,833▼27.5% | $174,032,368▼40.6% | $140,140,003▲66.5% | $218,975,407▲20.1% | 990 |
| 2019 | $318,165,474▼25.0% | $292,978,630▼26.6% | $84,188,921▲46.8% | $182,400,877▲6.9% | 990 |
| 2018 | $424,215,650▲47.9% | $398,928,831▲36.1% | $57,333,556▲159% | $170,659,367▲126% | 990 |
| 2017 | $286,850,409▼34.2% | $293,101,448▼34.9% | -$97,040,611▼6.8% | $75,519,544▼29.3% | 990 |
| 2016 | $435,859,461▲7.9% | $450,366,689▼6.0% | -$90,824,978▼19.1% | $106,832,733▼42.4% | 990 |
| 2015 | $404,022,764 | $479,098,749 | -$76,259,357 | $185,589,711 | 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)
Highest-paid: Kevin Lewis — $420,144 (0.12% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kevin Lewis | Chief Executive Officer | 40 | $420,144 |
| Lori W Tishler Md Mph | Chief Medical Officer | 40 | $389,066 |
| Joanne Lauterbach | Chief Financial Officer | 40 | $285,377 |
| William Kilbreth | Chief Information Officer | 40 | $277,858 |
| David L Stuart | Chief Operating Officer (thru 9/6/24) | 40 | $219,060 |
| Heather L Bouffard | Director Marketing/communications | 40 | $211,518 |
| Kirk Miklavic | Vp Human Resources | 40 | $195,434 |
| Grayson Stuntz | Director Info Technology | 40 | $185,996 |
| Deborah S Yolin Raley | Vp Clinical Ops (thru 9/2/24) | 40 | $174,383 |
| Jacquelyn Hedlund | Senior Medical Director | 40 | $172,525 |
| Andy Tomlinson | Director (as of 1/2024) | 2 | — |
| Asher Kramer | Treasurer | 2 | — |
| Cheryl Greaney | Director | 2 | — |
| Cory Mckenna | Director (thru 12/2024) | 2 | — |
| Dr Robert Lorenzo | Director | 2 | — |
| Holly Korda | Chair (thru 12/2024) | 2 | — |
| Jeff Norris | Director | 2 | — |
| Jerod Cronkite | Director (thru 12/2024) | 2 | — |
| Jim Harrison | Director | 2 | — |
| Judiann Ferretti Smith | Secretary (thru 12/2024) | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Ust Healthproof Inc | Claims Platform Vendor | $3,202,149 |
| Tierpoint | It Solutions | $997,232 |
| Inovalon Inc | Software Technology | $797,299 |
| Salesforcecom Inc | Software Technology | $645,325 |
| Healthedge Software Inc | Software Technology | $628,000 |
Grants made · $500K in FY2019
1 grant totaling $500K in FY2019. All grants made by Maine Community Health Options →
| Recipient | Purpose | Amount |
|---|---|---|
| Maine Community Foundation Inc | General support | $500,000 |
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Compare Maine Community Health Options
Frequently asked questions
- Is Maine Community Health Options a legitimate nonprofit?
- Yes. Maine Community Health Options is a 501(c)(29) organization registered with the U.S. Internal Revenue Service under EIN 45-3416923, based in New Gloucestr, Maine.
- What is Maine Community Health Options's EIN?
- Maine Community Health Options's Employer Identification Number (EIN) is 45-3416923.
- How much revenue does Maine Community Health Options report?
- Maine Community Health Options reported $303,837,975 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Maine Community Health Options's spending goes to programs?
- Maine Community Health Options spends about 97% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Maine Community Health Options have?
- CharityIndex grades Maine Community Health Options B, based on program efficiency and fundraising cost.
- How much does Maine Community Health Options's highest-paid employee make?
- The highest reported compensation on Maine Community Health Options's latest Form 990 is $420,144, paid to Kevin Lewis (Chief Executive Officer).
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Data for Maine Community Health Options (EIN 45-3416923) 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.