Maine Association Of Plumbing Heating Cooling Contractors Inc

Maine Association Of Plumbing Heating Cooling Contractors Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.

EIN: 16017036 · Cumberland, ME · Updated: 2026-03-28

$279KRevenue

$289KAssets

85/100Mission Score (Excellent)

About Maine Association Of Plumbing Heating Cooling Contractors Inc

Maine Association Of Plumbing Heating Cooling Contractors Inc (EIN: 16017036) is a nonprofit organization based in Cumberland, ME. The organization reported total revenue of $279K and total assets of $289K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Association Of Plumbing Heating Cooling Contractors Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Maine Association Of Plumbing Heating Cooling Contractors Inc (MAPHCC) demonstrates a generally stable financial position with consistent revenue growth in recent years. In 2023, the organization reported revenues of $278,268 against expenses of $204,830, resulting in a surplus. This trend of revenue exceeding expenses is positive, particularly when compared to earlier periods like 2020 and 2021 where expenses sometimes outpaced revenue. The organization's assets have also shown significant growth, reaching $249,501 in 2023 from $53,625 in 2015, indicating good financial management and accumulation of reserves. Liabilities remain very low, at $4,137 in 2023, which is a strong indicator of financial health and low debt burden.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent surplus generation suggests that the organization is managing its overall expenditures effectively relative to its income. The absence of reported officer compensation across all filings is a notable aspect of its financial structure, potentially indicating a volunteer-led or very lean operational model at the executive level. This could contribute to a higher proportion of funds being available for its mission-related activities, assuming other operational costs are well-controlled.

Transparency appears to be good given the consistent filing of IRS Form 990s. The lack of reported officer compensation is a key transparency point, showing that executive leadership is not drawing salaries from the organization's funds. While the NTEE code is unknown, which can sometimes hinder understanding of its specific programmatic focus, the overall financial data points to a well-managed and fiscally responsible entity. The organization's ability to grow its assets and maintain low liabilities while generating surpluses suggests a sustainable operational model.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Maine Association Of Plumbing Heating Cooling Contractors Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Maine Association Of Plumbing Heating Cooling Contractors Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its executive leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is highly unusual for an organization of its size and revenue.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Maine Association Of Plumbing Heating Cooling Contractors Inc's IRS 990 filings:

NTEE Code Unknown: Lack of a specified NTEE code makes it harder to precisely understand the organization's specific programmatic focus and compare its efficiency against peers.
Unusually Low Liabilities: While generally positive, extremely low liabilities could sometimes indicate a very conservative approach to investment or growth, or that certain operational costs are not fully captured.

Strengths

The following positive indicators were identified for Maine Association Of Plumbing Heating Cooling Contractors Inc:

Consistent Revenue Growth: Revenue has steadily increased, reaching $278,268 in 2023, demonstrating financial health and expanding capacity.
Strong Asset Accumulation: Assets have grown significantly from $53,625 in 2015 to $249,501 in 2023, indicating good financial management and reserve building.
Low Liabilities: Liabilities are consistently very low, at $4,137 in 2023, signifying minimal debt and strong financial solvency.
No Reported Officer Compensation: The absence of officer compensation suggests that funds are potentially being directed more towards the organization's mission or operational costs rather than executive salaries.
Positive Net Income: The organization consistently generates a surplus, with revenue exceeding expenses (e.g., $278,268 revenue vs. $204,830 expenses in 2023), indicating sustainable operations.

Frequently Asked Questions about Maine Association Of Plumbing Heating Cooling Contractors Inc

Is MAPHCC financially stable?

Yes, MAPHCC appears financially stable. It has consistently generated surpluses in recent years, with revenue of $278,268 exceeding expenses of $204,830 in 2023, and has significantly grown its assets to $249,501 while maintaining very low liabilities ($4,137 in 2023).

How has MAPHCC's revenue trended over time?

MAPHCC's revenue has shown a strong upward trend, particularly in recent years, growing from $109,642 in 2020 to $278,268 in 2023, indicating healthy growth and increased financial capacity.

Does MAPHCC pay its officers?

According to all available IRS 990 filings, MAPHCC reports 0% officer compensation, suggesting that its officers are not paid directly by the organization.

Filing History

IRS 990 filing history for Maine Association Of Plumbing Heating Cooling Contractors Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Maine Association Of Plumbing Heating Cooling Contractors Inc's revenue has grown by 110%, moving from $133K to $278K. Total assets increased by 429% over the same period, from $47K to $250K. Total functional expenses rose by 49.1%, from $137K to $205K. In its most recent filing year (2023), Maine Association Of Plumbing Heating Cooling Contractors Inc reported a surplus of $73K, with revenue exceeding expenses. The organization holds $4K in liabilities against $250K in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $245K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$278K	$205K	$250K	$4K	—	View 990
2022	$253K	$185K	$176K	$4K	—	—
2021	$151K	$151K	$172K	$68K	—	View 990
2020	$110K	$139K	$164K	$60K	—	—
2019	$194K	$156K	$171K	$37K	—	View 990
2018	$163K	$144K	$96K	$1K	—	View 990
2017	$138K	$126K	$113K	$37K	—	View 990
2016	$139K	$127K	$66K	$2K	—	View 990
2015	$134K	$152K	$54K	$1K	—	View 990
2014	$153K	$130K	$72K	$1K	—	View 990
2013	$121K	$123K	$49K	$1K	—	View 990
2012	$119K	$115K	$51K	$1K	—	View 990
2011	$133K	$137K	$47K	$2K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $278K, expenses of $205K, and assets of $250K (revenue +10.1% year-over-year).
2022: Revenue of $253K, expenses of $185K, and assets of $176K (revenue +67.6% year-over-year).
2021: Revenue of $151K, expenses of $151K, and assets of $172K (revenue +37.6% year-over-year).
2020: Revenue of $110K, expenses of $139K, and assets of $164K (revenue -43.4% year-over-year).
2019: Revenue of $194K, expenses of $156K, and assets of $171K (revenue +18.8% year-over-year).
2018: Revenue of $163K, expenses of $144K, and assets of $96K (revenue +18.0% year-over-year).
2017: Revenue of $138K, expenses of $126K, and assets of $113K (revenue -0.7% year-over-year).
2016: Revenue of $139K, expenses of $127K, and assets of $66K (revenue +4.1% year-over-year).
2015: Revenue of $134K, expenses of $152K, and assets of $54K (revenue -12.3% year-over-year).
2014: Revenue of $153K, expenses of $130K, and assets of $72K (revenue +26.1% year-over-year).
2013: Revenue of $121K, expenses of $123K, and assets of $49K (revenue +1.5% year-over-year).
2012: Revenue of $119K, expenses of $115K, and assets of $51K (revenue -10.0% year-over-year).
2011: Revenue of $133K, expenses of $137K, and assets of $47K.

Data Sources and Methodology

This transparency report for Maine Association Of Plumbing Heating Cooling Contractors Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.