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Nonprofit · EIN 01-0496258

MAINE LIFE CARE RETIREMENT COMMUNITY INC

Tax-exempt · SCARBOROUGH, ME 04074

Financials

$28.9M$30.4M2023$37M$33.6M2024
Revenue Expenses · by fiscal year end
Financials of MAINE LIFE CARE RETIREMENT COMMUNITY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$36,977,131$33,618,198$3,358,933$190,562,104$201,874,524-$11,312,420
December 31, 2023990$28,863,046$30,427,773-$1,564,727$177,971,954$194,253,360-$16,281,406
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$396,005
Program service revenue
$33,162,691
Investment income
$3,418,435
Net gain from sales of assets
$2,217,652
Other revenue
$0

Expenses

Grants and similar amounts paid
$71,045
Other salaries and wages
$12,683,049
Salaries, compensation and benefits (total)
$15,622,193
Professional fundraising fees
$0
Legal fees
$46,878
Accounting fees
$61,965
Occupancy
$4,988,391
Travel
$77,684
Depreciation
$6,215,433
Program services (functional)
$23,857,005
Management and general (functional)
$9,761,193

Balance sheet and other

Total assets, start of year
$177,971,954
Total assets, end of year
$190,562,104
Total liabilities, end of year
$201,874,524
Net assets, end of year
-$11,312,420
Land, buildings and equipment
$121,006,879
Publicly traded securities
$28,123,777
Net assets without donor restrictions
-$13,306,502
Net assets with donor restrictions
$1,994,082
Gross receipts
$38,711,841
Employees
380
Volunteers
25
Year formed
1995
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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Philip JeanCEO
Officer
40$463,914$21,102
Richard AshleyFinance Director
Highest-paid employee
40$238,464$24,513
Leanne FietCOO
Highest-paid employee
40$239,126$19,747
Andrea KilliardMarketing Director
Highest-paid employee
40$221,978$18,810
Peter SullivanChief Nursing Officer
Highest-paid employee
40$168,583$23,422
Marc GregoireFacilities Director
Highest-paid employee
40$174,309$13,074
Richard BetzDirector
Trustee or director
2$0$0
Susan DolinerDirector (start 10/2024)
Trustee or director
2$0$0
Kim DonnellyDirector (end 4/2024)
Trustee or director
2$0$0
Marilyn GugliucciDirector
Trustee or director
2$0$0
Dawn HarmonDirector
Trustee or director
2$0$0
Robert LivelyDirector
Trustee or director
2$0$0
David KunhardtDirector
Trustee or director
2$0$0
Brian O'CoinDirector (start 8/2024)
Trustee or director
2$0$0
Michael PattersonDirector
Trustee or director
2$0$0
10 more people on this return
NameTitleHours / weekCompensation
Kerry PeabodyDirector (start 10/2024)
Trustee or director
2$0
Wesley RidlonDirector (start 10/2024)
Trustee or director
2$0
Jonathan RoderickDirector
Trustee or director
2$0
Megan WaltonDirector (start 10/2024)
Trustee or director
2$0
Michael WoodDirector
Trustee or director
2$0
Frank ChessaChair
Trustee or director, Officer
4$0
Adrian KurreVice Chair
Trustee or director, Officer
4$0
Karen HartTreasurer
Trustee or director, Officer
4$0
Stephen BrooksSecretary
Trustee or director, Officer
4$0
Nancy MageeSecretary (end 10/2024)
Trustee or director, Officer
4$0
990 for the year ended December 31, 2023: 23 people
NameTitleHours / weekCompensationOther / benefits
Philip JeanCEO
Officer
40$428,125$13,772
Leanne FietCOO
Highest-paid employee
40$229,860$21,858
Richard AshleyFinance Director
Highest-paid employee
40$228,564$17,352
Andrea KilliardMarketing Director
Highest-paid employee
40$207,425$14,158
Daisy WilsonHR Director
Highest-paid employee
40$158,628$17,565
Corey SeigelFood and Nutrition Director
Highest-paid employee
40$164,864$7,236
Richard BetzDirector
Trustee or director
2$0$0
Richard BlakeDirector (end Oct 23)
Trustee or director
2$0$0
Stephen BrooksDirector
Trustee or director
2$0$0
Kim DonnellyDirector
Trustee or director
2$0$0
Marilyn GugliucciDirector (start Oct 23)
Trustee or director
2$0$0
Dawn HarmonDirector
Trustee or director
2$0$0
Robert LivelyDirector (start Oct 23)
Trustee or director
2$0$0
David KunhardtDirector
Trustee or director
2$0$0
Michael PattersonDirector
Trustee or director
2$0$0
Jonathan RoderickDirector
Trustee or director
2$0$0
Malcolm Rogers MDDirector (end Oct 23)
Trustee or director
2$0$0
Isabella Stumpf MDDirector (end Dec 23)
Trustee or director
2$0$0
Michael WoodDirector
Trustee or director
2$0$0
Frank ChessaChair
Trustee or director, Officer
4$0$0
Adrian KurreVice Chair
Trustee or director, Officer
4$0$0
Karen HartTreasurer
Trustee or director, Officer
4$0$0
Nancy MageeSecretary
Trustee or director, Officer
4$0$0

Address and contacts

Address (IRS master file)
15 PIPER RD, SCARBOROUGH, ME 04074-9473
Principal officer (990 for 2024)
Frank Chessa, 15 Piper Road, Scarborough, ME 04074
Signed the 990
Frank Chessa, Chair
Phone
(207) 883-8700
Return prepared by
Baker Newman & Noyes LLC

Mission

Maine Life Care Retirement Community (dba Piper Shores) offers a vibrant retirement living lifestyle that enriches residents by providing a continuum of the highest quality of care and service. Piper Shores will help all residents realize their optimum potential by cultivating a rich diversity of life experience that connects to innovative programs and services.

990 for the year ended December 31, 2024

Program accomplishments

  • Maine Life Care provides residents with a safe and secure home community, providing for independent living needs and continued health care services for the remainder of their lives. It consists of 188 independent living units, 64 independent living cottages, 50 assisted living units, 40 skilled nursing beds, and common areas.
    Expenses $23,857,005 · grants $71,045 · revenue $33,162,691

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
01-0496258
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$190,562,104
Income (IRS master file)
$38,711,841

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$36,977,131$33,618,198$190,562,104XML
990December 2023$28,863,046$30,427,773$177,971,954XML
990December 2022$24,416,383$25,007,659$169,329,865IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 01-0496258).

Questions about MAINE LIFE CARE RETIREMENT COMMUNITY INC

What is the EIN of MAINE LIFE CARE RETIREMENT COMMUNITY INC?
The employer identification number (EIN) of MAINE LIFE CARE RETIREMENT COMMUNITY INC is 01-0496258.
Is MAINE LIFE CARE RETIREMENT COMMUNITY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to MAINE LIFE CARE RETIREMENT COMMUNITY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MAINE LIFE CARE RETIREMENT COMMUNITY INC 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 LIFE CARE RETIREMENT COMMUNITY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MAINE LIFE CARE RETIREMENT COMMUNITY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MAINE LIFE CARE RETIREMENT COMMUNITY INC?
The 990 for the year ended December 31, 2024 names Frank Chessa.
Who are the officers and directors of MAINE LIFE CARE RETIREMENT COMMUNITY INC?
The 990 for the year ended December 31, 2024 lists 25 people; 6 received compensation from the organization, the highest $463,914 (Philip Jean, CEO).
How much revenue does MAINE LIFE CARE RETIREMENT COMMUNITY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $36,977,131, expenses of $33,618,198 and total assets of $190,562,104 at year end.

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