Nonprofit · EIN 01-0527319
NORTHERN MAINE INDEPENDENT SYSTEM ADMINISTRATION INC
Tax-exempt · BANGOR, ME 04401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,087,315 | $1,087,315 | $0 | $1,456,663 | $1,456,663 | $0 |
| December 31, 2024 | 990 | $934,872 | $934,872 | $0 | $1,787,004 | $1,787,004 | $0 |
| December 31, 2023 | 990 | $1,059,798 | $1,059,798 | $0 | $1,856,072 | $1,856,072 | $0 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,056,895
- Investment income
- $30,420
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $525,967
- Other salaries and wages
- $215,411
- Salaries, compensation and benefits (total)
- $815,023
- Professional fundraising fees
- $0
- Legal fees
- $88,246
- Accounting fees
- $32,091
- Occupancy
- $21,831
- Travel
- $6,700
- Program services (functional)
- $793,293
- Management and general (functional)
- $294,022
Balance sheet and other
- Total assets, start of year
- $1,787,004
- Total assets, end of year
- $1,456,663
- Total liabilities, end of year
- $1,456,663
- Net assets, end of year
- $0
- Gross receipts
- $1,087,315
- Employees
- 4
- Volunteers
- 8
- Year formed
- 1999
- 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 |
|---|---|---|---|---|
| Ken Belcher | Past President & CEO Officer | 40 | $244,124 | $35,288 |
| Dwayne Conley | President & CEO Officer | 40 | $194,128 | $52,426 |
| Tyler Stewart | Technical Analyst Highest-paid employee | 40 | $103,044 | $22,075 |
| Douglas Stevenson | Chairman Trustee or director, Officer | 0.5 | $0 | $0 |
| Greg Sherman | Vice Chairman Trustee or director, Officer | 0.5 | $0 | $0 |
| Josh Philbrook | Clerk and Treasurer Trustee or director, Officer | 0.5 | $0 | $0 |
| Rob Gillies | Director Trustee or director | 0.5 | $0 | $0 |
| Scott Hallowell | Director Trustee or director | 0.5 | $0 | $0 |
| Aleksandar Mitreski | Director Trustee or director | 0.5 | $0 | $0 |
| Dave Norman | Director Trustee or director | 0.5 | $0 | $0 |
| Paul Towle | Director Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Kenneth Belcher | President & CEO Officer | 40 | $246,291 | $28,492 |
| Dwayne Conley | COO Officer | 40 | $173,588 | $43,168 |
| Tyler Stewart | Technical Analyst Highest-paid employee | 40 | $100,479 | $14,536 |
| Josh Philbrook | Clerk and Treasuer Trustee or director, Officer | 0.5 | $0 | $0 |
| Douglas Stevenson | Chairman Trustee or director, Officer | 0.5 | $0 | $0 |
| Greg Sherman | Vice Chairman Trustee or director, Officer | 0.5 | $0 | $0 |
| Rob Gillies | Director Trustee or director | 0.5 | $0 | $0 |
| Scott Hallowell | Director Trustee or director | 0.5 | $0 | $0 |
| Aleksandar Mitreski | Director Trustee or director | 0.5 | $0 | $0 |
| Dave Norman | Director Trustee or director | 0.5 | $0 | $0 |
| Paul Towle | Director Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Kenneth Belcher | President Officer | 40 | $228,208 | $26,333 |
| Dwayne Conley | COO Officer | 40 | $165,046 | $37,636 |
| Scott Hallowell | Chairman Trustee or director, Officer | 0.5 | $0 | $0 |
| Douglas Stevenson | Vice Chairman Trustee or director, Officer | 0.5 | $0 | $0 |
| Greg Sherman | Clerk and Treasurer Trustee or director, Officer | 0.5 | $0 | $0 |
| Paul Miller | Director Trustee or director | 0.5 | $0 | $0 |
| Aleksandar Mitreski | Director Trustee or director | 0.5 | $0 | $0 |
| Shawn Lovely | Director Trustee or director | 0.5 | $0 | $0 |
| Brad Ritz | Director Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 77 EXCHANGE ST, BANGOR, ME 04401-6612
- In care of
- % JAMES L DEAN III
- Principal officer (990 for 2025)
- Dwayne Conley, 77 Exchange Street 300, Bangor, ME 04401
- Signed the 990
- Dwayne Conley, President & CEO
- Phone
- (207) 992-4721
- Website
- www.nmisa.com
- Return prepared by
- Berry Dunn McNeil & Parker LLC
Mission
To facilitate electric retail competition in Northern Maine by administering the electric transmission system and electric power markets.
Program accomplishments
- Administered the electricity transmission systems and electric power markets in Aroostook and Washington (Maine) counties. Provided an independent, objective and non-discriminatory administration of electrical transmission, transmission information access and related functions, and monitored and operated the markets of northern Maine for energy, ancillary and other services.Expenses $793,293 · revenue $1,056,895
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
- 01-0527319
- 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
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W80)
- Assets (IRS master file)
- $1,456,663
- Income (IRS master file)
- $1,087,315
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,087,315 | $1,087,315 | $1,456,663 | XML |
| 990 | December 2024 | $934,872 | $934,872 | $1,787,004 | XML |
| 990 | December 2023 | $1,059,798 | $1,059,798 | $1,856,072 | XML |
| 990 | December 2022 | $1,121,875 | $1,121,875 | $2,378,425 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 01-0527319).
Questions about NORTHERN MAINE INDEPENDENT SYSTEM ADMINISTRATION INC
- What is the EIN of NORTHERN MAINE INDEPENDENT SYSTEM ADMINISTRATION INC?
- The employer identification number (EIN) of NORTHERN MAINE INDEPENDENT SYSTEM ADMINISTRATION INC is 01-0527319.
- Is NORTHERN MAINE INDEPENDENT SYSTEM ADMINISTRATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to NORTHERN MAINE INDEPENDENT SYSTEM ADMINISTRATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NORTHERN MAINE INDEPENDENT SYSTEM ADMINISTRATION 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 NORTHERN MAINE INDEPENDENT SYSTEM ADMINISTRATION INC 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 NORTHERN MAINE INDEPENDENT SYSTEM ADMINISTRATION INC 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 NORTHERN MAINE INDEPENDENT SYSTEM ADMINISTRATION INC?
- The 990 for the year ended December 31, 2025 names Dwayne Conley.
- Who are the officers and directors of NORTHERN MAINE INDEPENDENT SYSTEM ADMINISTRATION INC?
- The 990 for the year ended December 31, 2025 lists 11 people; 3 received compensation from the organization, the highest $244,124 (Ken Belcher, Past President & CEO).
- How much revenue does NORTHERN MAINE INDEPENDENT SYSTEM ADMINISTRATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,087,315, expenses of $1,087,315 and total assets of $1,456,663 at year end.
Other nonprofits in BANGOR
- ST JOSEPH HEALTHCARE FOUNDATION EIN 22-2480149 · last filed 990 for 2024
- ZONTA INTERNATIONAL EIN 01-6021744 · last filed 990-N for 2023
- BANGOR AREA BREAKFAST CHARITIES EIN 26-1396054 · last filed 990-N for 2025
- FRIENDS OF THE BANGOR PUBLIC LIBRARY EIN 92-0661024 · last filed 990-N for 2024
- PENOBSCOT COMMUNITY HEALTH CENTER EIN 01-0514750 · last filed 990 for 2024
- HUSSON UNIVERSITY EIN 01-0271210 · last filed 990 for 2025
- PENQUIS C A P INC EIN 01-6023748 · last filed 990 for 2025
- LIFEFLIGHT OF MAINE LLC EIN 01-0518516 · last filed 990 for 2025
All nonprofits in BANGOR · Maine · Public and societal benefit