Maine Medical Association

Maine Medical Association shows consistent revenue growth and positive financial health with no reported officer compensation.

EIN: 10216933 · Manchester, ME · Updated: 2026-03-28

$5.0MRevenue

$2.3MAssets

85/100Mission Score (Excellent)

Is Maine Medical Association Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Maine Medical Association directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Maine Medical Association

Maine Medical Association (EIN: 10216933) is a nonprofit organization based in Manchester, ME. The organization reported total revenue of $5.0M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Medical Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Maine Medical Association demonstrates generally sound financial health, with recent filings showing consistent revenue growth and positive net assets. In 2023, the organization reported revenues of $4,168,820 against expenses of $4,040,064, indicating a surplus for the year. This trend of revenue exceeding expenses is largely consistent across recent years, contributing to a healthy asset base of $2,582,249 in 2023. The organization's spending efficiency appears reasonable, though a detailed functional expense breakdown (program, administrative, fundraising) is not provided in the summary data, making a precise assessment challenging. However, the absence of reported officer compensation suggests a commitment to minimizing overhead in that specific area. Transparency is generally good, with 14 years of publicly available 990 filings, though the lack of NTEE code information is a minor detractor.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Maine Medical Association 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: 75%
fundraising: 10%

According to IRS 990 filings, Maine Medical Association allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The Maine Medical Association reported 0% officer compensation in all provided filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of its size with over $4 million in annual 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 Medical Association's IRS 990 filings:

Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, hindering full efficiency analysis.
Unusually low (0%) reported officer compensation for an organization of this size, which might indicate compensation is reported under other categories or through related entities not immediately visible.

Strengths

The following positive indicators were identified for Maine Medical Association:

Consistent revenue growth, nearly doubling from $2.1M in 2019 to $4.1M in 2023.
Positive net income in most recent years (e.g., $128,756 in 2023), contributing to asset growth.
Healthy asset base ($2,582,249 in 2023) relative to liabilities ($746,959 in 2023).
No reported officer compensation, suggesting efficient use of funds in that specific area.
Extensive filing history (14 filings) demonstrating consistent transparency.

Frequently Asked Questions about Maine Medical Association

Is Maine Medical Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Maine Medical Association (EIN: 10216933) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.

How does Maine Medical Association spend its money?

Maine Medical Association directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Maine Medical Association tax-deductible?

Maine Medical Association is registered as a tax-exempt nonprofit (EIN: 10216933). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Maine Medical Association a good charity?

Based on the available financial data, the Maine Medical Association appears to be a financially stable organization with consistent revenue and asset growth. The lack of reported officer compensation is a notable positive, suggesting resources are not being diverted to high executive salaries. However, without a detailed breakdown of program vs. administrative and fundraising expenses, a complete assessment of its charitable efficiency is limited.

How has Maine Medical Association's revenue trended over time?

Maine Medical Association has shown a strong upward trend in revenue, particularly in recent years. Revenue increased from $2,108,876 in 2019 to $4,168,820 in 2023, nearly doubling in four years. This indicates growing support or increased activity for the organization.

What is the organization's asset-to-liability ratio?

In 2023, Maine Medical Association had assets of $2,582,249 and liabilities of $746,959, resulting in an asset-to-liability ratio of approximately 3.46:1. This indicates a healthy financial position where assets significantly outweigh liabilities.

Filing History

IRS 990 filing history for Maine Medical Association showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Maine Medical Association's revenue has grown by 85.2%, moving from $2.3M to $4.2M. Total assets increased by 75% over the same period, from $1.5M to $2.6M. Total functional expenses rose by 83.3%, from $2.2M to $4.0M. In its most recent filing year (2023), Maine Medical Association reported a surplus of $129K, with revenue exceeding expenses. The organization holds $747K in liabilities against $2.6M in assets (debt-to-asset ratio: 28.9%), resulting in net assets of $1.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$4.2M	$4.0M	$2.6M	$747K	—	—
2022	$2.7M	$2.8M	$2.2M	$603K	—	View 990
2021	$2.2M	$2.0M	$2.4M	$483K	—	View 990
2020	$2.2M	$2.0M	$2.1M	$372K	—	View 990
2019	$2.1M	$2.2M	$2.0M	$576K	—	—
2018	$2.6M	$2.3M	$2.1M	$660K	—	View 990
2017	$2.2M	$2.2M	$2.2M	$593K	—	View 990
2016	$2.1M	$2.1M	$2.0M	$540K	—	View 990
2015	$2.6M	$2.5M	$1.7M	$379K	—	View 990
2014	$2.4M	$2.4M	$1.7M	$420K	—	View 990
2013	$3.6M	$3.5M	$1.7M	$457K	—	View 990
2012	$3.2M	$3.1M	$1.5M	$517K	—	View 990
2011	$2.7M	$2.6M	$1.4M	$603K	—	View 990
2010	$2.3M	$2.2M	$1.5M	$582K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $4.2M, expenses of $4.0M, and assets of $2.6M (revenue +56.0% year-over-year).
2022: Revenue of $2.7M, expenses of $2.8M, and assets of $2.2M (revenue +23.9% year-over-year).
2021: Revenue of $2.2M, expenses of $2.0M, and assets of $2.4M (revenue -2.1% year-over-year).
2020: Revenue of $2.2M, expenses of $2.0M, and assets of $2.1M (revenue +4.5% year-over-year).
2019: Revenue of $2.1M, expenses of $2.2M, and assets of $2.0M (revenue -18.6% year-over-year).
2018: Revenue of $2.6M, expenses of $2.3M, and assets of $2.1M (revenue +17.9% year-over-year).
2017: Revenue of $2.2M, expenses of $2.2M, and assets of $2.2M (revenue +4.8% year-over-year).
2016: Revenue of $2.1M, expenses of $2.1M, and assets of $2.0M (revenue -20.3% year-over-year).
2015: Revenue of $2.6M, expenses of $2.5M, and assets of $1.7M (revenue +9.3% year-over-year).
2014: Revenue of $2.4M, expenses of $2.4M, and assets of $1.7M (revenue -34.0% year-over-year).
2013: Revenue of $3.6M, expenses of $3.5M, and assets of $1.7M (revenue +14.7% year-over-year).
2012: Revenue of $3.2M, expenses of $3.1M, and assets of $1.5M (revenue +18.2% year-over-year).
2011: Revenue of $2.7M, expenses of $2.6M, and assets of $1.4M (revenue +19.6% year-over-year).
2010: Revenue of $2.3M, expenses of $2.2M, and assets of $1.5M.

Data Sources and Methodology

This transparency report for Maine Medical Association 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.