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Nonprofit · EIN 01-0479776

MAINE EDUCATION ASSOCIATION BENEFITS TRUST

Also known as GERAWAY J MCCORMACK TTEE

Tax-exempt · AUGUSTA, ME 04330

Financials

$582.9M$571.5M2022$591.8M$587.2M2023$599.3M$618.1M2024
Revenue Expenses · by fiscal year end
Financials of MAINE EDUCATION ASSOCIATION BENEFITS TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$599,325,980$618,139,947-$18,813,967$144,788,738$281,774$144,506,964
June 30, 2024990$591,844,447$587,186,722$4,657,725$170,036,354$9,590,331$160,446,023
June 30, 2023990$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.

NameTitleHours / weekCompensationOther / benefits
JENNIFER KENTEXECUTIVE DIRECTOR
Officer
40$174,490$62,452
SONYA VERNEYCHAIR
Trustee or director, Officer
2$0$0
JILL PLOURDVICE CHAIR
Trustee or director, Officer
2$0$0
PATTY SCULLYSECRETARY
Trustee or director, Officer
1$0$0
EVELYN ATWOODTRUSTEE
Trustee or director
1$0$0
FAITH CAMPBELLTRUSTEE
Trustee or director
1$0$0
LINDSEY DOS SANTOSTRUSTEE
Trustee or director
1$0$0
BETH FRENCHTRUSTEE
Trustee or director
1$0$0
HAL PERRYTRUSTEE
Trustee or director
1$0$0
LYNN SNOWTRUSTEE
Trustee or director
1$0$0
KEN WILLIAMSTRUSTEE
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensationOther / benefits
JENNIFER KENTEXECUTIVE DIRECTOR
Officer
40$164,232$59,191
ROBIN COLBYCHAIR
Trustee or director, Officer
2$0$0
SONYA VERNEYVICE CHAIR
Trustee or director, Officer
2$0$0
JILL PLOURDSECRETARY
Trustee or director, Officer
2$0$0
EVELYN ATWOODTRUSTEE
Trustee or director
1$0$0
FAITH CAMPBELLTRUSTEE
Trustee or director
1$0$0
JESSE HARGROVETRUSTEE
Trustee or director
1$0$0
DONNA LONGLEYTRUSTEE
Trustee or director
1$0$0
HAL PERRYTRUSTEE
Trustee or director
1$0$0
LINDSEY DOS SANTOSTRUSTEE
Trustee or director
1$0$0
PATTY SCULLYTRUSTEE
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
JENNIFER KENTEXECUTIVE DIRECTOR
Officer
40$159,245$57,293
ROBIN COLBYCHAIR
Trustee or director, Officer
2$0$0
SONYA VERNEYVICE CHAIR
Trustee or director, Officer
2$0$0
JILL PLOURDSECRETARY
Trustee or director, Officer
2$0$0
HAL PERRYTRUSTEE
Trustee or director
1$0$0
JESSE HARGROVETRUSTEE
Trustee or director
1$0$0
DONNA LONGLEYTRUSTEE
Trustee or director
1$0$0
PATTY SCULLYTRUSTEE
Trustee or director
1$0$0
LINDSEY DOS SANTOSTRUSTEE
Trustee or director
1$0$0
FAITH CAMPBELLTRUSTEE
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.

990 for the year ended June 30, 2025

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990June 2025$599,325,980$618,139,947$144,788,738XML
990June 2024$591,844,447$587,186,722$170,036,354XML
990June 2023$582,870,598$571,537,154$152,183,278XML
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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.

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