Nonprofit · EIN 01-0479776
MAINE EDUCATION ASSOCIATION BENEFITS TRUST
Also known as GERAWAY J MCCORMACK TTEE
Tax-exempt · AUGUSTA, ME 04330
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $599,325,980 | $618,139,947 | -$18,813,967 | $144,788,738 | $281,774 | $144,506,964 |
| June 30, 2024 | 990 | $591,844,447 | $587,186,722 | $4,657,725 | $170,036,354 | $9,590,331 | $160,446,023 |
| June 30, 2023 | 990 | $582,870,598 | $571,537,154 | $11,333,444 | $152,183,278 | $303,497 | $151,879,781 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $594,141,689
- Investment income
- $5,184,291
- Net gain from sales of assets
- $1,378,300
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $615,560,212
- Compensation of officers, directors and key employees
- $241,476
- Other salaries and wages
- $286,319
- Salaries, compensation and benefits (total)
- $774,479
- Professional fundraising fees
- $0
- Legal fees
- $161,976
- Accounting fees
- $26,125
- Depreciation
- $40,351
Balance sheet and other
- Total assets, start of year
- $170,036,354
- Total assets, end of year
- $144,788,738
- Total liabilities, end of year
- $281,774
- Net assets, end of year
- $144,506,964
- Land, buildings and equipment
- $58,475
- Publicly traded securities
- $122,673,859
- Gross receipts
- $676,907,371
- Employees
- 6
- Volunteers
- 10
- Year formed
- 1993
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNIFER KENT | EXECUTIVE DIRECTOR Officer | 40 | $174,490 | $62,452 |
| SONYA VERNEY | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JILL PLOURD | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| PATTY SCULLY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| EVELYN ATWOOD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| FAITH CAMPBELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LINDSEY DOS SANTOS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BETH FRENCH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HAL PERRY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LYNN SNOW | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KEN WILLIAMS | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNIFER KENT | EXECUTIVE DIRECTOR Officer | 40 | $164,232 | $59,191 |
| ROBIN COLBY | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| SONYA VERNEY | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JILL PLOURD | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| EVELYN ATWOOD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| FAITH CAMPBELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JESSE HARGROVE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DONNA LONGLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HAL PERRY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LINDSEY DOS SANTOS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PATTY SCULLY | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNIFER KENT | EXECUTIVE DIRECTOR Officer | 40 | $159,245 | $57,293 |
| ROBIN COLBY | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| SONYA VERNEY | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JILL PLOURD | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| HAL PERRY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JESSE HARGROVE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DONNA LONGLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PATTY SCULLY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LINDSEY DOS SANTOS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| FAITH CAMPBELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 35 COMMUNITY DR, AUGUSTA, ME 04330-8005
- Principal officer (990 for 2024)
- JENNIFER KENT, 35 COMMUNITY DRIVE, AUGUSTA, ME 04330
- Signed the 990
- JENNIFER KENT, EXECUTIVE DIRECTOR
- Phone
- (207) 622-5866
- Return prepared by
- WIPFLI ADVISORY LLC
Mission
TO PROVIDE HEALTH AND OTHER BENEFITS TO ITS MEMBERS' EMPLOYEES.
Program accomplishments
- ADMINISTERS GROUP HEALTH AND OTHER BENEFIT PROGRAMS FOR THE BENEFIT OF THE MEMBERS OF MAINE EDUCATION ASSOCIATION.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 01-0479776
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1994
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $144,788,738
- Income (IRS master file)
- $676,907,371
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $599,325,980 | $618,139,947 | $144,788,738 | XML |
| 990 | June 2024 | $591,844,447 | $587,186,722 | $170,036,354 | XML |
| 990 | June 2023 | $582,870,598 | $571,537,154 | $152,183,278 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 01-0479776).
Questions about MAINE EDUCATION ASSOCIATION BENEFITS TRUST
- What is the EIN of MAINE EDUCATION ASSOCIATION BENEFITS TRUST?
- The employer identification number (EIN) of MAINE EDUCATION ASSOCIATION BENEFITS TRUST is 01-0479776.
- Is MAINE EDUCATION ASSOCIATION BENEFITS TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1994.
- Are donations to MAINE EDUCATION ASSOCIATION BENEFITS TRUST tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MAINE EDUCATION ASSOCIATION BENEFITS TRUST 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 EDUCATION ASSOCIATION BENEFITS TRUST due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAINE EDUCATION ASSOCIATION BENEFITS TRUST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MAINE EDUCATION ASSOCIATION BENEFITS TRUST?
- The 990 for the year ended June 30, 2025 names JENNIFER KENT.
- Who are the officers and directors of MAINE EDUCATION ASSOCIATION BENEFITS TRUST?
- The 990 for the year ended June 30, 2025 lists 11 people; 1 received compensation from the organization, the highest $174,490 (JENNIFER KENT, EXECUTIVE DIRECTOR).
- How much revenue does MAINE EDUCATION ASSOCIATION BENEFITS TRUST have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $599,325,980, expenses of $618,139,947 and total assets of $144,788,738 at year end.
Other nonprofits in AUGUSTA
- MAINEGENERAL HEALTH EIN 32-0265031 · last filed 990 for 2025
- EMPLOYEES OF MUNICIPAL & OTHER PUB- LIC EMPLOYERS OF ME HEALTH INS TR EIN 01-0382676 · last filed 990 for 2024
- MAINE VETERANS HOME EIN 01-0376832 · last filed 990 for 2025
- MAIN AUTOMOBILE DEALERS ASSOC INC INSURANCE TRUST 180 CIVIC CENTER D EIN 01-0288347 · last filed 990 for 2025
- MAINE DARTMOUTH MEDICINE RESIDENCY EIN 01-0369195 · last filed 990 for 2025
- JOBS FOR MAINES GRADUATES INC EIN 01-0482628 · last filed 990 for 2025
- MOTIVATIONAL SERVICES INC EIN 01-0342515 · last filed 990 for 2025
- MAINE HEALTH ACCESS FOUNDATION INC EIN 01-0535144 · last filed 990-PF for 2024