Nonprofit · EIN 22-3317572
MAINE CENTER FOR ECONOMIC POLICY
Tax-exempt · AUGUSTA, ME 04332
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,684,804 | $1,361,597 | $323,207 | $1,401,030 | $49,873 | $1,351,157 |
| December 31, 2023 | 990 | $1,272,092 | $1,499,772 | -$227,680 | $1,081,376 | $53,426 | $1,027,950 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,647,596
- of which government grants
- $1,647,596
- Program service revenue
- $500
- Investment income
- $36,708
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $20,000
- Compensation of officers, directors and key employees
- $136,232
- Other salaries and wages
- $804,205
- Salaries, compensation and benefits (total)
- $1,233,138
- Professional fundraising fees
- $0
- Accounting fees
- $16,931
- Occupancy
- $19,523
- Travel
- $20,908
- Depreciation
- $3,468
- Program services (functional)
- $958,726
- Management and general (functional)
- $234,223
- Fundraising (functional)
- $168,648
Balance sheet and other
- Total assets, start of year
- $1,081,376
- Total assets, end of year
- $1,401,030
- Total liabilities, end of year
- $49,873
- Net assets, end of year
- $1,351,157
- Land, buildings and equipment
- $5,955
- Net assets without donor restrictions
- $989,623
- Net assets with donor restrictions
- $361,534
- Gross receipts
- $1,684,804
- Employees
- 13
- Year formed
- 1994
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GARRETT MARTIN | EXECUTIVE DI Officer | 40 | $127,234 | $33,038 |
| ANN BEAUDRY | MEMBER Trustee or director | 1 | $0 | $0 |
| MAULIAN BRYANT | MEMBER Trustee or director | 1 | $0 | $0 |
| BARB BURT | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| BEN CHIN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| PAMELA COX | MEMBER Trustee or director | 1 | $0 | $0 |
| LUCY VAN HOOK | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JESSICA MAURER | MEMBER Trustee or director | 1 | $0 | $0 |
| STACY MITCHELL | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MATT SCHLOBOHM | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GARRETT MARTIN | EXECUTIVE DI Officer | 34 | $123,282 | $25,579 |
| BARBARA BURT | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| LUCY VAN HOOK | VICE-CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| PAMELA COX | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| BEN CHIN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| SANDRA BUTLER | MEMBER Trustee or director | 1 | $0 | $0 |
| MAULIAN DANA | MEMBER Trustee or director | 1 | $0 | $0 |
| MARCUS HUTCHINS | MEMBER (LEFT Trustee or director | 1 | $0 | $0 |
| JESSICA MAURER | MEMBER Trustee or director | 1 | $0 | $0 |
| STACY MITCHELL | MEMBER Trustee or director | 1 | $0 | $0 |
| MATT SCHLOBOHM | MEMBER Trustee or director | 1 | $0 | $0 |
| LEE WEBB | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 437, AUGUSTA, ME 04332-0437
- Principal officer (990 for 2024)
- GARRETT MARTIN, PO BOX 437, AUGUSTA, ME 043320437
- Signed the 990
- BEN CHIN, SECRETARY
- Phone
- (207) 622-7381
- Website
- HTTPS://WWW.MECEP.ORG/
- Return prepared by
- SMITH & ASSOCIATES CPAS
Mission
THE MAINE CENTER FOR ECONOMIC POLICY PROVIDES CITIZENS, POLICYMAKERS, ADVOCATES, AND MEDIA WITH CREDIBLE AND RIGOROUS ECONOMIC ANALYSIS THAT ADVANCES ECONOMIC JUSTICE AND PROSPERITY FOR ALL MAINE PEOPLE.
Program accomplishments
- RESEARCH & EDUCATION - MECEP CONDUCTED ANALYSIS, EDUCATION, AND ADVOCACY TO ADVANCE PUBLIC POLICIES THAT IMPROVE MAINETS 'ECONOMIC WELL-BEING'. 2024 ACCOMPLISHMENTS: EARNED 200+ MEDIA CITATIONS; PUBLISHED 4 MAJOR REPORTS, 30 BLOG ARTICLES, AND 8 OPINION PIECES; DELIVERED 42 PIECES OF TESTIMONY TO THE MAINE LEGISLATURE; PUBLISHED 3 EXPLAINER FACTSHEETS; EDUCATED 265 PEOPLE THROUGH EVENTS/PUBLIC PRESENTATIONS; MAINTAINED DAILY SOCIAL MEDIA CONTENT AND PUBLISHED A MONTHLY NEWSLETTER; AND COORDINATED AND PARTICIPATED IN MULTIPLE COALITIONS AND COMMITTEES THAT ADVANCE ECONOMIC JUSTICE.Expenses $958,726 · grants $20,000 · revenue $500
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 | Not 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
- 22-3317572
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Social science (V22)
- Assets (IRS master file)
- $1,401,030
- Income (IRS master file)
- $1,684,804
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,684,804 | $1,361,597 | $1,401,030 | XML |
| 990 | December 2023 | $1,272,092 | $1,499,772 | $1,081,376 | XML |
| 990 | December 2022 | $1,144,593 | $1,386,595 | $1,302,237 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 22-3317572).
Questions about MAINE CENTER FOR ECONOMIC POLICY
- What is the EIN of MAINE CENTER FOR ECONOMIC POLICY?
- The employer identification number (EIN) of MAINE CENTER FOR ECONOMIC POLICY is 22-3317572.
- Is MAINE CENTER FOR ECONOMIC POLICY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to MAINE CENTER FOR ECONOMIC POLICY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAINE CENTER FOR ECONOMIC POLICY 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 CENTER FOR ECONOMIC POLICY 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 CENTER FOR ECONOMIC POLICY 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 CENTER FOR ECONOMIC POLICY?
- The 990 for the year ended December 31, 2024 names GARRETT MARTIN.
- Who are the officers and directors of MAINE CENTER FOR ECONOMIC POLICY?
- The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $127,234 (GARRETT MARTIN, EXECUTIVE DI).
- How much revenue does MAINE CENTER FOR ECONOMIC POLICY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,684,804, expenses of $1,361,597 and total assets of $1,401,030 at year end.
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