Nonprofit · EIN 01-0155360
MAINE BANKERS ASSOCIATION
Tax-exempt · WESTBROOK, ME 04092
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,680,561 | $2,724,032 | -$43,471 | $2,269,978 | $1,320,344 | $949,634 |
| December 31, 2024 | 990 | $2,830,934 | $2,800,027 | $30,907 | $2,212,616 | $1,405,955 | $806,661 |
| December 31, 2023 | 990 | $2,703,164 | $2,652,067 | $51,097 | $2,211,432 | $1,474,550 | $736,882 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,645,838
- Investment income
- $34,723
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $866,071
- Other salaries and wages
- $712,548
- Salaries, compensation and benefits (total)
- $1,916,736
- Professional fundraising fees
- $0
- Accounting fees
- $27,975
- Occupancy
- $131,441
- Travel
- $65,735
- Depreciation
- $9,796
Balance sheet and other
- Total assets, start of year
- $2,212,616
- Total assets, end of year
- $2,269,978
- Total liabilities, end of year
- $1,320,344
- Net assets, end of year
- $949,634
- Land, buildings and equipment
- $33,258
- Net assets without donor restrictions
- $949,634
- Gross receipts
- $2,680,561
- Employees
- 11
- Volunteers
- 37
- Year formed
- 1893
- State of legal domicile
- ME
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| James J Roche | President Officer | 36.19 | $452,502 | $23,320 |
| Marcia M Ferguson | Chief Operating Officer Officer | 5.81 | $210,755 | $21,507 |
| Josh Steirman | Dir. Of Govt Relations Highest-paid employee | 37.25 | $160,751 | $13,492 |
| Liza Wells | VP & Treasurer Officer | 19.72 | $139,964 | $18,023 |
| Natasha DeSouza | Dir. Of Employee Benefits Highest-paid employee | 1.75 | $108,047 | $15,005 |
| Neil Kiely | Chairman Trustee or director, Officer | 1 | $0 | $0 |
| Daniel Walsh | Vice Chairman Trustee or director, Officer | 1 | $0 | $0 |
| Lawrence L Barker | Immediate Past Chairman Trustee or director | 1 | $0 | $0 |
| Stephen deCastro | Director Trustee or director | 1 | $0 | $0 |
| Tony C McKim | Director Trustee or director | 1 | $0 | $0 |
| Andrew E Silsby | Director Trustee or director | 1 | $0 | $0 |
| Philip Cohen | Director Trustee or director | 1 | $0 | $0 |
| Curtis C Simard | Director Trustee or director | 1 | $0 | $0 |
| Andrew C Perry | Director Trustee or director | 1 | $0 | $0 |
| Michael Walton | Director Trustee or director | 1 | $0 | $0 |
27 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mark Jones | Director Trustee or director | 1 | $0 |
| Brian King | Director Trustee or director | 1 | $0 |
| Jon J Prescott | Director Trustee or director | 1 | $0 |
| Alexander Meagher | Director Trustee or director | 1 | $0 |
| Robert Montgomery-Rice | Director Trustee or director | 1 | $0 |
| Simon Griffiths | Director Trustee or director | 1 | $0 |
| Anthony DiSotto | Director Trustee or director | 1 | $0 |
| Curt Paterson | Director Trustee or director | 1 | $0 |
| Glenn L Hutchinson | Director Trustee or director | 1 | $0 |
| Timothy Thompson | Director Trustee or director | 1 | $0 |
| Jeanne Hulit | Director Trustee or director | 1 | $0 |
| Robert Banaski | Director Trustee or director | 1 | $0 |
| Todd Starbird | Director Trustee or director | 1 | $0 |
| David Cyr | Director Trustee or director | 1 | $0 |
| Michael Chamberlain | Director Trustee or director | 1 | $0 |
| Evlyn Tsimis | Director Trustee or director | 1 | $0 |
| Michael O'Reilly | Director Trustee or director | 1 | $0 |
| Michael R Currie | Director Trustee or director | 1 | $0 |
| Amanda Rand | Director Trustee or director | 1 | $0 |
| Amelia Dow | Director Trustee or director | 1 | $0 |
| David Cohen | Director Trustee or director | 1 | $0 |
| Kenneth Morgan | Director Trustee or director | 1 | $0 |
| Andrew Cook | Director Trustee or director | 1 | $0 |
| Marc Whittaker | Director Trustee or director | 1 | $0 |
| Anthony Cataldi | Director Trustee or director | 1 | $0 |
| Dan Tilton | Director Trustee or director | 1 | $0 |
| Blaine Boudreau | Past Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 42 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| James J Roche | President Officer | 36.19 | $440,471 | $34,621 |
| Marcia M Ferguson | Chief Operating Officer Officer | 7.68 | $202,106 | $40,629 |
| Marc P Owen | Past SVP & Treasurer Officer | 20.2 | $214,980 | $11,268 |
| Josh Steirman | Dir. Of Govt Relations Highest-paid employee | 37.26 | $151,722 | $32,697 |
| Liza Wells | VP & Treasurer Officer | 20.2 | $110,848 | $35,126 |
| Natasha DeSouza | Dir. Of Employee Benefits Highest-paid employee | 2.02 | $105,383 | $34,281 |
| Stephen deCastro | Immediate Past Chairman Trustee or director, Officer | 1 | $0 | $0 |
| Lawrence L Barker | Chairman Trustee or director, Officer | 1 | $0 | $0 |
| Neil Kiely | Vice Chairman Trustee or director, Officer | 1 | $0 | $0 |
| Robert Banaski | Director Trustee or director | 1 | $0 | $0 |
| Blaine Boudreau | Director Trustee or director | 1 | $0 | $0 |
| Michael Chamberlain | Director Trustee or director | 1 | $0 | $0 |
| David Cohen | Director Trustee or director | 1 | $0 | $0 |
| Philip Cohen | Director Trustee or director | 1 | $0 | $0 |
| Andrew Cook | Director Trustee or director | 1 | $0 | $0 |
| Michael R Currie | Director Trustee or director | 1 | $0 | $0 |
| David Cyr | Director Trustee or director | 1 | $0 | $0 |
| Anthony DiSotto | Director Trustee or director | 1 | $0 | $0 |
| Amelia Dow | Director Trustee or director | 1 | $0 | $0 |
| Simon Griffiths | Director Trustee or director | 1 | $0 | $0 |
| Jeanne Hulit | Director Trustee or director | 1 | $0 | $0 |
| Glenn L Hutchinson | Director Trustee or director | 1 | $0 | $0 |
| Mark Jones | Director Trustee or director | 1 | $0 | $0 |
| Brian King | Director Trustee or director | 1 | $0 | $0 |
| Tony C McKim | Director Trustee or director | 1 | $0 | $0 |
| Robert Montgomery-Rice | Director Trustee or director | 1 | $0 | $0 |
| Kenneth Morgan | Director Trustee or director | 1 | $0 | $0 |
| Michael O'Reilly | Director Trustee or director | 1 | $0 | $0 |
| Bradford C Paige | Director Trustee or director | 1 | $0 | $0 |
| Curt Paterson | Director Trustee or director | 1 | $0 | $0 |
| Andrew C Perry | Director Trustee or director | 1 | $0 | $0 |
| Jon J Prescott | Director Trustee or director | 1 | $0 | $0 |
| Amanda Rand | Director Trustee or director | 1 | $0 | $0 |
| Andrew E Silsby | Director Trustee or director | 1 | $0 | $0 |
| Curtis C Simard | Director Trustee or director | 1 | $0 | $0 |
| Todd Starbird | Director Trustee or director | 1 | $0 | $0 |
| Timothy Thompson | Director Trustee or director | 1 | $0 | $0 |
| Evlyn Tsimis | Director Trustee or director | 1 | $0 | $0 |
| Daniel Walsh | Director Trustee or director | 1 | $0 | $0 |
| Michael Walton | Director Trustee or director | 1 | $0 | $0 |
| William R Weir Jr | Past Director Trustee or director | 1 | $0 | $0 |
| William O Hall III | Past Director Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 41 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| James J Roche | President Officer | 36.19 | $432,861 | $33,231 |
| Marcia M Ferguson | SVP of Insurance Officer | 3.8 | $198,320 | $39,867 |
| Marc P Owen | SVP & Treasurer Officer | 20.53 | $196,241 | $21,176 |
| Josh Steirman | Dir. Of Govt Relations Highest-paid employee | 37.44 | $132,763 | $31,665 |
| Elissa English | Mgr. Member Services Highest-paid employee | 36.63 | $107,103 | $22,153 |
| Stephen deCastro | Chairman Trustee or director, Officer | 1 | $0 | $0 |
| Lawrence L Barker | Vice Chairman Trustee or director, Officer | 1 | $0 | $0 |
| Blaine Boudreau | Immediate Past Chairman Trustee or director, Officer | 1 | $0 | $0 |
| Robert Banaski | Director Trustee or director | 1 | $0 | $0 |
| Philip Cohen | Director Trustee or director | 1 | $0 | $0 |
| Michael R Currie | Director Trustee or director | 1 | $0 | $0 |
| David Cyr | Director Trustee or director | 1 | $0 | $0 |
| Anthony DiSotto | Director Trustee or director | 1 | $0 | $0 |
| Amelia Dow | Director Trustee or director | 1 | $0 | $0 |
| Gregory A Dufour | Director Trustee or director | 1 | $0 | $0 |
| William O Hall III | Director Trustee or director | 1 | $0 | $0 |
| Jeanne Hulit | Director Trustee or director | 1 | $0 | $0 |
| Glenn L Hutchinson | Director Trustee or director | 1 | $0 | $0 |
| Neil Kiely | Director Trustee or director | 1 | $0 | $0 |
| Brian King | Director Trustee or director | 1 | $0 | $0 |
| Tony C McKim | Director Trustee or director | 1 | $0 | $0 |
| Robert Montgomery-Rice | Director Trustee or director | 1 | $0 | $0 |
| Michael O'Reilly | Director Trustee or director | 1 | $0 | $0 |
| Bradford C Paige | Director Trustee or director | 1 | $0 | $0 |
| Curt Paterson | Director Trustee or director | 1 | $0 | $0 |
| Andrew C Perry | Director Trustee or director | 1 | $0 | $0 |
| Jon J Prescott | Director Trustee or director | 1 | $0 | $0 |
| Robert C Quentin | Director Trustee or director | 1 | $0 | $0 |
| Amanda Rand | Director Trustee or director | 1 | $0 | $0 |
| Andrew E Silsby | Director Trustee or director | 1 | $0 | $0 |
| Curtis C Simard | Director Trustee or director | 1 | $0 | $0 |
| Todd Starbird | Director Trustee or director | 1 | $0 | $0 |
| Timothy Thompson | Director Trustee or director | 1 | $0 | $0 |
| William Tracy | Director Trustee or director | 1 | $0 | $0 |
| Evlyn Tsimis | Director Trustee or director | 1 | $0 | $0 |
| Daniel Walsh | Director Trustee or director | 1 | $0 | $0 |
| William R Weir Jr | Director Trustee or director | 1 | $0 | $0 |
| Lawrence L Wold | Director Trustee or director | 1 | $0 | $0 |
| Daniel Thornton | Past Director Trustee or director | 1 | $0 | $0 |
| Kimberly Twitchell | Past Director Trustee or director | 1 | $0 | $0 |
| William B Williamson | Past Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2 THOMAS DR, WESTBROOK, ME 04092-3824
- Principal officer (990 for 2025)
- James Roche, 2 Thomas Drive, Westbrook, ME 04092
- Signed the 990
- James Roche, President
- Phone
- (207) 791-8400
- Website
- www.mainebankers.com
- Return prepared by
- Berry Dunn McNeil & Parker LLC
Mission
Maine Bankers Association provides advocacy, education, and resources to safeguard and advance the interests of our members. The Maine Bankers Association has served Maine's banking industry since 1893. The Association offers industry representation in legislative and regulatory matters at the state and federal level. It sponsors educational programs and forums for banks to exchange valuable industry information. The Association also sponsors insurance programs, provides regulatory and compliance assistance and facilitates media relations on behalf of member banks.
Program accomplishments
- Major Conferences - Each year major conferences are presented by the Association. Each conference has a distinct audience. The attendance and length may vary. Participants are charged a fee to offset expenses.
- Training Programs - Training sessions are presented throughout the year for all members. Sessions are usually one day and have a varying number of participants.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 01-0155360
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1943
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,269,978
- Income (IRS master file)
- $2,680,561
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,680,561 | $2,724,032 | $2,269,978 | IRS |
| 990 | December 2024 | $2,830,934 | $2,800,027 | $2,212,616 | IRS |
| 990 | December 2023 | $2,703,164 | $2,652,067 | $2,211,432 | XML |
| 990 | December 2022 | $2,864,046 | $2,822,777 | $2,220,280 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0155360).
Questions about MAINE BANKERS ASSOCIATION
- What is the EIN of MAINE BANKERS ASSOCIATION?
- The employer identification number (EIN) of MAINE BANKERS ASSOCIATION is 01-0155360.
- Is MAINE BANKERS ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1943.
- Are donations to MAINE BANKERS ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MAINE BANKERS ASSOCIATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MAINE BANKERS ASSOCIATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAINE BANKERS ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MAINE BANKERS ASSOCIATION?
- The 990 for the year ended December 31, 2025 names James Roche.
- Who are the officers and directors of MAINE BANKERS ASSOCIATION?
- The 990 for the year ended December 31, 2025 lists 42 people; 5 received compensation from the organization, the highest $452,502 (James J Roche, President).
- How much revenue does MAINE BANKERS ASSOCIATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,680,561, expenses of $2,724,032 and total assets of $2,269,978 at year end.
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