Maine Municipal Tax Collectors And Treasurers Association
Maine Municipal Tax Collectors And Treasurers Association maintains strong financial health with zero executive compensation.
EIN: 10462191 · Augusta, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $78K |
| Total Expenses | $66K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $80,000. |
| Net Assets | $133K |
| Transparency Score | 95/100 |
Is Maine Municipal Tax Collectors And Treasurers Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maine Municipal Tax Collectors And Treasurers Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maine Municipal Tax Collectors And Treasurers Association
Maine Municipal Tax Collectors And Treasurers Association (EIN: 10462191) is a nonprofit organization based in Augusta, ME. The organization reported total revenue of $78K and total assets of $145K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maine Municipal Tax Collectors And Treasurers Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maine Municipal Tax Collectors And Treasurers Association is a micro nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $78K |
| Total Expenses | $66K |
| Surplus / Deficit | +$12K |
| Total Assets | $142K |
| Total Liabilities | $10K |
| Net Assets | $133K |
| Operating Margin | 14.9% |
| Debt-to-Asset Ratio | 6.7% |
| Months of Reserves | 25.8 months |
Financial Health Grade: A
In 2023, Maine Municipal Tax Collectors And Treasurers Association reported a surplus of $12K with revenue exceeding expenses, holds 25.8 months of operating reserves (strong position), has a debt-to-asset ratio of 6.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Maine Municipal Tax Collectors And Treasurers Association's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.6% | +26.4% | +4.4% |
| 2022 | +34.3% | +63.2% | +9.9% |
| 2021 | +54.5% | +27.2% | +47.0% |
| 2020 | -55.8% | -62.4% | -2.4% |
| 2019 | +7.1% | -4.5% | +26.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Municipal Tax Collectors And Treasurers Association with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Maine Municipal Tax Collectors And Treasurers Association allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.7%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led organization. This is highly efficient for an organization of its size, with annual revenues typically under $80,000.
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 Municipal Tax Collectors And Treasurers Association:
- Consistent asset growth, from $36,940 in 2015 to $142,361 in 2023.
- Zero officer compensation reported across all filings, indicating volunteer leadership and high efficiency.
- Consistent operational surpluses, demonstrating sound financial management (e.g., $77,815 revenue vs. $66,198 expenses in 2023).
- Strong financial transparency with 13 consistent IRS 990 filings.
- Healthy reserve fund, with assets significantly exceeding annual expenses.
Frequently Asked Questions about Maine Municipal Tax Collectors And Treasurers Association
Is Maine Municipal Tax Collectors And Treasurers Association a legitimate charity?
Maine Municipal Tax Collectors And Treasurers Association (EIN: 10462191) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $78K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Maine Municipal Tax Collectors And Treasurers Association spend its money?
Maine Municipal Tax Collectors And Treasurers Association directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Maine Municipal Tax Collectors And Treasurers Association tax-deductible?
Maine Municipal Tax Collectors And Treasurers Association is registered as a tax-exempt nonprofit (EIN: 10462191). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Maine Municipal Tax Collectors And Treasurers Association CEO make?
Maine Municipal Tax Collectors And Treasurers Association's highest-compensated officer earns $80,000. annually. The organization reported $78K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Maine Municipal Tax Collectors And Treasurers Association located?
Maine Municipal Tax Collectors And Treasurers Association is headquartered in Augusta, Maine and files with the IRS under EIN 10462191.
How many years of IRS 990 filings does Maine Municipal Tax Collectors And Treasurers Association have?
Maine Municipal Tax Collectors And Treasurers Association 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 $78K in total revenue.
Is Maine Municipal Tax Collectors And Treasurers Association a good charity?
Based on the available financial data, the Maine Municipal Tax Collectors And Treasurers Association appears to be a very good charity. They demonstrate strong financial health, consistent asset growth, and remarkably efficient operations with 0% officer compensation, indicating a high dedication to their mission.
How has the organization's financial stability changed over time?
The organization's financial stability has significantly improved over time. Assets have grown from $36,940 in 2015 to $142,361 in 2023, and they consistently operate with a surplus, indicating robust financial management and increasing reserves.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, with 0% reported officer compensation in all available filings. This suggests that the leadership is entirely volunteer-based, which is a significant strength for a nonprofit of this size.
Filing History
IRS 990 filing history for Maine Municipal Tax Collectors And Treasurers Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maine Municipal Tax Collectors And Treasurers Association's revenue has grown by 43.7%, moving from $54K to $78K. Total assets increased by 172.8% over the same period, from $52K to $142K. Total functional expenses rose by 84.2%, from $36K to $66K. In its most recent filing year (2023), Maine Municipal Tax Collectors And Treasurers Association reported a surplus of $12K, with revenue exceeding expenses. The organization holds $10K in liabilities against $142K in assets (debt-to-asset ratio: 6.7%), resulting in net assets of $133K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $78K | $66K | $142K | $10K | — | — |
| 2022 | $78K | $52K | $136K | $0 | — | View 990 |
| 2021 | $58K | $32K | $124K | $14K | — | — |
| 2020 | $38K | $25K | $84K | $180 | — | View 990 |
| 2019 | $85K | $67K | $86K | $15K | — | View 990 |
| 2018 | $80K | $70K | $69K | $15K | — | View 990 |
| 2017 | $64K | $55K | $44K | $50 | — | View 990 |
| 2016 | $60K | $60K | $47K | $11K | — | View 990 |
| 2015 | $45K | $49K | $37K | $475 | — | View 990 |
| 2014 | $55K | $58K | $52K | $11K | — | View 990 |
| 2013 | $49K | $55K | $54K | $10K | — | View 990 |
| 2012 | $53K | $43K | $50K | $125 | — | View 990 |
| 2011 | $54K | $36K | $52K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $78K, expenses of $66K, and assets of $142K (revenue -0.6% year-over-year).
- 2022: Revenue of $78K, expenses of $52K, and assets of $136K (revenue +34.3% year-over-year).
- 2021: Revenue of $58K, expenses of $32K, and assets of $124K (revenue +54.5% year-over-year).
- 2020: Revenue of $38K, expenses of $25K, and assets of $84K (revenue -55.8% year-over-year).
- 2019: Revenue of $85K, expenses of $67K, and assets of $86K (revenue +7.1% year-over-year).
- 2018: Revenue of $80K, expenses of $70K, and assets of $69K (revenue +25.2% year-over-year).
- 2017: Revenue of $64K, expenses of $55K, and assets of $44K (revenue +6.8% year-over-year).
- 2016: Revenue of $60K, expenses of $60K, and assets of $47K (revenue +32.4% year-over-year).
- 2015: Revenue of $45K, expenses of $49K, and assets of $37K (revenue -18.8% year-over-year).
- 2014: Revenue of $55K, expenses of $58K, and assets of $52K (revenue +13.2% year-over-year).
- 2013: Revenue of $49K, expenses of $55K, and assets of $54K (revenue -8.2% year-over-year).
- 2012: Revenue of $53K, expenses of $43K, and assets of $50K (revenue -1.5% year-over-year).
- 2011: Revenue of $54K, expenses of $36K, and assets of $52K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maine Municipal Tax Collectors And Treasurers Association:
Data Sources and Methodology
This transparency report for Maine Municipal Tax Collectors And Treasurers 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.