Maine Commercial Investment Association Of Realtors
Maine Commercial Investment Association Of Realtors shows consistent revenue and asset growth with no reported liabilities.
EIN: 10489266 · Augusta, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $120K |
| Total Expenses | $73K |
| Program Spending | 85% |
| Net Assets | $109K |
| Transparency Score | 80/100 |
Is Maine Commercial Investment Association Of Realtors Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Commercial Investment Association Of Realtors directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Commercial Investment Association Of Realtors
Maine Commercial Investment Association Of Realtors (EIN: 10489266) is a nonprofit organization based in Augusta, ME. The organization reported total revenue of $120K and total assets of $126K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Commercial Investment Association Of Realtors's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Commercial Investment Association Of Realtors is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $82K |
| Total Expenses | $73K |
| Surplus / Deficit | +$8K |
| Total Assets | $109K |
| Net Assets | $109K |
| Operating Margin | 10.3% |
| Months of Reserves | 17.8 months |
Financial Health Grade: A
In 2023, Maine Commercial Investment Association Of Realtors reported a surplus of $8K with revenue exceeding expenses, holds 17.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Maine Commercial Investment Association Of Realtors's revenue has grown at a compound annual growth rate (CAGR) of 10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.2% | +20.4% | +8.4% |
| 2022 | +2.1% | +30.5% | +14.4% |
| 2021 | +25.0% | +28.0% | +40.7% |
| 2020 | +5.4% | -25.9% | +51.4% |
| 2019 | +16.2% | +17.7% | +15.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maine Commercial Investment Association Of Realtors with a Mission Score of 80 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: 85%
- fundraising: 0%
According to IRS 990 filings, Maine Commercial Investment Association Of Realtors allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation, indicating that no salaries are paid to its officers, which is common for smaller professional associations and suggests a volunteer-driven leadership structure.
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.
Strengths
The following positive indicators were identified for Maine Commercial Investment Association Of Realtors:
- Consistent revenue growth, increasing from $24,027 in 2014 to $81,877 in 2023.
- Strong asset growth, from $28,416 in 2014 to $108,794 in 2023.
- Zero reported liabilities across all filing periods, indicating excellent financial health.
- 0% officer compensation, suggesting efficient use of funds and volunteer leadership.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
Frequently Asked Questions about Maine Commercial Investment Association Of Realtors
Is Maine Commercial Investment Association Of Realtors a legitimate charity?
Maine Commercial Investment Association Of Realtors (EIN: 10489266) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $120K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Maine Commercial Investment Association Of Realtors spend its money?
Maine Commercial Investment Association Of Realtors directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Maine Commercial Investment Association Of Realtors tax-deductible?
Maine Commercial Investment Association Of Realtors is registered as a tax-exempt nonprofit (EIN: 10489266). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Maine Commercial Investment Association Of Realtors located?
Maine Commercial Investment Association Of Realtors is headquartered in Augusta, Maine and files with the IRS under EIN 10489266.
How many years of IRS 990 filings does Maine Commercial Investment Association Of Realtors have?
Maine Commercial Investment Association Of Realtors has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $120K in total revenue.
What are the specific programs or services provided by the Maine Commercial Investment Association Of Realtors?
The provided data does not detail specific programs, but as a professional association, its activities likely include networking events, educational seminars, advocacy, and resources for commercial real estate professionals in Maine.
How does the organization manage to operate with 0% officer compensation?
The 0% officer compensation suggests that the organization's leadership roles are likely filled by volunteers, or that any compensation is below the reporting threshold or covered by other means not classified as officer compensation on the 990.
What is the primary source of the organization's revenue?
While not explicitly stated, for a professional association, the primary sources of revenue are typically membership dues, event fees, and potentially sponsorships or grants related to its industry.
Filing History
IRS 990 filing history for Maine Commercial Investment Association Of Realtors showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Commercial Investment Association Of Realtors's revenue has grown by 240%, moving from $24K to $82K. Total assets increased by 253.9% over the same period, from $31K to $109K. Total functional expenses rose by 159.9%, from $28K to $73K. In its most recent filing year (2023), Maine Commercial Investment Association Of Realtors reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $82K | $73K | $109K | $0 | — | View 990 |
| 2022 | $74K | $61K | $100K | $0 | — | View 990 |
| 2021 | $72K | $47K | $88K | $0 | — | — |
| 2020 | $58K | $36K | $62K | $0 | — | View 990 |
| 2019 | $55K | $49K | $41K | $0 | — | View 990 |
| 2018 | $47K | $42K | $36K | $0 | — | View 990 |
| 2017 | $48K | $47K | $30K | $0 | — | View 990 |
| 2016 | $43K | $38K | $30K | $0 | — | View 990 |
| 2015 | $31K | $34K | $25K | $0 | — | View 990 |
| 2014 | $24K | $33K | $28K | $0 | — | View 990 |
| 2013 | $35K | $33K | $37K | $0 | — | View 990 |
| 2012 | $39K | $35K | $35K | $0 | — | View 990 |
| 2011 | $24K | $28K | $31K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $82K, expenses of $73K, and assets of $109K (revenue +11.2% year-over-year).
- 2022: Revenue of $74K, expenses of $61K, and assets of $100K (revenue +2.1% year-over-year).
- 2021: Revenue of $72K, expenses of $47K, and assets of $88K (revenue +25.0% year-over-year).
- 2020: Revenue of $58K, expenses of $36K, and assets of $62K (revenue +5.4% year-over-year).
- 2019: Revenue of $55K, expenses of $49K, and assets of $41K (revenue +16.2% year-over-year).
- 2018: Revenue of $47K, expenses of $42K, and assets of $36K (revenue -1.1% year-over-year).
- 2017: Revenue of $48K, expenses of $47K, and assets of $30K (revenue +11.7% year-over-year).
- 2016: Revenue of $43K, expenses of $38K, and assets of $30K (revenue +38.4% year-over-year).
- 2015: Revenue of $31K, expenses of $34K, and assets of $25K (revenue +28.1% year-over-year).
- 2014: Revenue of $24K, expenses of $33K, and assets of $28K (revenue -31.7% year-over-year).
- 2013: Revenue of $35K, expenses of $33K, and assets of $37K (revenue -10.1% year-over-year).
- 2012: Revenue of $39K, expenses of $35K, and assets of $35K (revenue +62.4% year-over-year).
- 2011: Revenue of $24K, expenses of $28K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Commercial Investment Association Of Realtors:
Data Sources and Methodology
This transparency report for Maine Commercial Investment Association Of Realtors 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.