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Nonprofit · EIN 22-3888250

THE MAINE HERITAGE POLICY CENTER

Tax-exempt · PORTLAND, ME 04112

Financials

$1.7M$1.4M2023$1.9M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of THE MAINE HERITAGE POLICY CENTER by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,946,538$1,731,079$215,459$891,365$248,661$642,704
December 31, 2023990$1,699,340$1,409,240$290,100$693,463$266,253$427,210
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,935,062
Program service revenue
$9,171
Investment income
$13,340
Net income from fundraising events
-$23,232
Other revenue
-$11,035

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$284,108
Other salaries and wages
$650,784
Salaries, compensation and benefits (total)
$1,011,272
Professional fundraising fees
$0
Legal fees
$71,610
Accounting fees
$20,640
Occupancy
$47,958
Travel
$27,045
Depreciation
$4,668
Program services (functional)
$1,392,548
Management and general (functional)
$71,977
Fundraising (functional)
$266,554

Balance sheet and other

Total assets, start of year
$693,463
Total assets, end of year
$891,365
Total liabilities, end of year
$248,661
Net assets, end of year
$642,704
Land, buildings and equipment
$8,526
Net assets without donor restrictions
$637,704
Net assets with donor restrictions
$5,000
Gross receipts
$1,984,395
Employees
13
Year formed
2002
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
MATTHEW GAGNONCEO
Officer
40$275,339$8,768
WILLIAM BOESCHENSTEINTREASURER
Trustee or director, Officer
0.2$0$0
LARRY RUBINSTEIN DDDIRECTOR
Trustee or director
0.2$0$0
SUSAN DENCHDIRECTOR
Trustee or director
0.2$0$0
TIMOTHY BRYANT ESQSECRETARY
Trustee or director, Officer
0.2$0$0
SCOTT FORREYDIRECTOR
Trustee or director
0.2$0$0
JEFFREY KANEDIRECTOR
Trustee or director
0.2$0$0
JASON ONEYDIRECTOR
Trustee or director
0.2$0$0
CHRISTOPHER A PIERCEDIRECTOR
Trustee or director
0.2$0$0
THE HONORABLE DEBRA PLOWMANDIRECTOR
Trustee or director
0.2$0$0
THE HONORABLE AMY VOLKDIRECTOR
Trustee or director
0.2$0$0
SCOTT WELLMANCHAIRMAN/PRE
Trustee or director, Officer
0.2$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
MATTHEW GAGNONCEO
Officer
40$250,660$7,323
WILLIAM BOESCHENSTEINTREASURER
Trustee or director, Officer
0.15$0$0
LARRY RUBINSTEIN DDDIRECTOR
Trustee or director
0.15$0$0
SUSAN DENCHDIRECTOR
Trustee or director
0.15$0$0
TIMOTHY BRYANT ESQSECRETARY
Trustee or director, Officer
0.15$0$0
SCOTT FORREYDIRECTOR
Trustee or director
0.15$0$0
JAMES WARD JDDIRECTOR
Trustee or director
0.15$0$0
JEFFREY KANEDIRECTOR
Trustee or director
0.15$0$0
JASON ONEYDIRECTOR
Trustee or director
0.15$0$0
CHRISTOPHER A PIERCEDIRECTOR
Trustee or director
0.15$0$0
THE HONORABLE DEBRA PLOWMANDIRECTOR
Trustee or director
0.15$0$0
THE HONORABLE AMY VOLKDIRECTOR
Trustee or director
0.15$0$0
SCOTT WELLMANCHAIRMAN/PRE
Trustee or director, Officer
0.15$0$0

Address and contacts

Address (IRS master file)
PO BOX 7829, PORTLAND, ME 04112-7829
In care of
% BILL BECKER
Principal officer (990 for 2024)
MATTHEW GAGNON
Signed the 990
MATTHEW GAGNON, CEO
Phone
(207) 321-2550
Return prepared by
SMITH & ASSOCIATES CPAS

Mission

TO FORMULATE AND PROMOTE CONSERVATIVE PUBLIC POLICIES BASED ON THE PRINCIPLES OF FREE ENTERPRISE; LIMITED, CONSTITUTIONAL GOVERNMENT; INDIVIDUAL FREEDOM; AND TRADITIONAL AMERICAN VALUES.

990 for the year ended December 31, 2024

Program accomplishments

  • EDUCATION MAINE POLICY INSTITUTE CONDUCTS RESEARCH AND HAS DEVELOPED PROGRAMS FOCUSED ON DETERMINING HOW TO PROVIDE MAINE STUDENTS WITH THE BEST POSSIBLE EDUCATION AND THE HIGHEST LEVEL OF ACADEMIC PREPARATION POSSIBLE, SO THAT MAINE STUDENTS MAY PROSPER IN THE COMPETITIVE, GLOBAL ECONOMY. MPIS RESEARCH-BASED EDUCATION PROGRAM IS DESIGNED TO IDENTIFY THE ELEMENTS NECESSARY TO BUILD AN EDUCATION SYSTEM THAT EFFECTIVELY MEETS THE NEEDS AND CHALLENGES OF THE INDIVIDUAL STUDENT WITH THE PARENT IN CONTROL OF EDUCATION DECISIONS FOR HIS OR HER CHILD. WE BELIEVE THE MODELS FOR PRIMARY AND SECONDARY EDUCATION THAT ARE USED IN MAINE ARE OUTDATED, AND THAT THE EXISTING EDUCATION SYSTEM IS NOT ADEQUATELY RESPONSIVE TO THE CONCERNS OR INTERESTS OF PARENTS. MPIS LEADERSHIP IS WORKING TO GUARANTEE THAT PARENTS HAVE GREATER ROLES IN DETERMINING THEIR CHILDS EDUCATIONAL GOALS AND THE PROGRAMS AVAILABLE, SO THAT PARENTS CAN SELECT THE BEST INDIVIDUALIZED TEACHING AND LEARNING OPTIONS FOR THEIR CHILDREN. THE LONG-TERM VISION IS TO IMPROVE THE OUTCOMES FOR THE GREATEST NUMBER OF STUDENTS BY ENSURING THAT STUDENTS RECEIVE HIGH-QUALITY PRIMARY AND SECONDARY SCHOOL INSTRUCTION, AND ARE PREPARED TO FUNCTION EFFECTIVELY IN COLLEGES, UNIVERSITIES, OR VOCATIONAL TRAINING PROGRAMS.
    Expenses $660,363
  • ECONOMICS AND TAXATION MAINE POLICY INSTITUTE PROMOTES GREATER PROSPERITY FOR WORKING MAINE FAMILIES. LIMITED GOVERNMENT, LOW TAXES AND REASONABLE AND LIMITED GOVERNMENT REGULATIONS ARE THE KEY INGREDIENTS ON WHICH MAINE POLICY FOCUSES TO CREATE A VIBRANT PRIVATE SECTOR AND A STRONG, GROWING, AND SUSTAINABLE ECONOMY. MAINE POLICY WORKS TO REVERSE MAINES ECONOMIC AND DEMOGRAPHIC DECLINE BY PROMOTING POLICY INITIATIVES THAT REINVIGORATE MAINES ECONOMY AND LIFT PEOPLE OUT OF POVERTY. LIBERTY FOCUSED AND FREE MARKET IDEAS HELP ADVANCE THESE CORE PRINCIPLES THROUGH SOUND RESEARCH, AGGRESSIVE OUTREACH, EDUCATION, AND THE PROMOTION OF A CLEAR POLICY AGENDA THAT HELPS SHIFT PUBLIC OPINION AND ESTABLISH ENDURING CHANGE IN OUR STATE.
    Expenses $311,926
  • HEALTH CARE MAINE POLICY INSTITUTE HAS A VISION THAT EVERYONE IN MAINE SHOULD HAVE ACCESS TO COMPREHENSIVE PRIVATE HEALTH INSURANCE COVERAGE AND HIGH-QUALITY, COST-EFFECTIVE HEALTH CARE PROVIDERS. MAINE POLICY PROMOTES POLICIES THAT GIVE INDIVIDUALS GREATER PERSONAL RESPONSIBILITY OVER THEIR OWN HEALTH AND OFFERS MEANINGFUL INCENTIVES FOR CITIZENS TO IMPROVE THEIR OWN HEALTH LONG TERM. MAINE POLICYS SUPPORTERS BELIEVE THAT MAINE SHOULD HAVE GREATER COMPETITION AND MORE INNOVATION IN HEALTH CARE WITH NUMEROUS CHOICES FOR INSURANCE CARRIERS AND HEALTH CARE PLANS AVAILABLE TO CITIZENS. MAINE POLICY SUPPORTS INNOVATION AND POLICIES THAT HARNESS PERSONAL INCENTIVES TO LOWER HEALTH CARE SPENDING, REWARD CLIENT VALUE, AND PROMOTE COMPETITION BETWEEN HEALTH CARE PROVIDERS. MAINE POLICY SUPPORTS TRANSPARENCY AND GREATER ACCESSIBILITY FOR CITIZENS TO PRICING AND OTHER FINANCIAL AND OUTCOME-DATA THAT IS RELATED TO THE PROVISION OF HEALTH CARE SERVICES. MAINE POLICY ALSO BELIEVES THAT MAINES BUSINESS OWNERS NEED TO BE ENCOURAGED TO HELP THEIR EMPLOYEES TAKE GREATER OWNERSHIP WITH THEIR HEALTH CARE, SO THAT EMPLOYEES HAVE A VESTED INTEREST IN BEING PRUDENT PATIENTS.
    Expenses $301,401
  • MAINE POLICY INSTITUTE IS A NON-PROFIT, NONPARTISAN, RESEARCH AND EDUCATIONAL ORGANIZATION WHOSE MISSION IS TO FORMULATE AND PROMOTE CONSERVATIVE PUBLIC POLICIES BASED ON THE PRINCIPLES OF FREE ENTERPRISE; LIMITED, CONSTITUTIONAL GOVERNMENT; INDIVIDUAL FREEDOM; AND TRADITIONAL AMERICAN VALUES ALL FOR THE PURPOSE OF PROVIDING PUBLIC POLICY SOLUTIONS THAT BENEFIT THE PEOPLE OF MAINE. MAINE POLICY INSTITUTE WORKS TO EXPAND INDIVIDUAL LIBERTY AND ECONOMIC FREEDOM AND IS A STRONG VOICE FOR TAXPAYERS. WE BELIEVE IN AN OPEN, TRANSPARENT, AND ACCOUNTABLE STATE GOVERNMENT AND WE WORK TO ENSURE HARDWORKING MAINERS KEEP THE FRUITS OF THEIR LABOR AND DEFEND THEIR RIGHTS AND LIBERTIES FROM GOVERNMENT OVERREACH. MAINE POLICY INSTITUTES STAFF PURSUES THIS MISSION BY CONDUCTING ACCURATE AND TIMELY RESEARCH AND MARKETING THESE FINDINGS TO ITS PRIMARY AUDIENCE: THE MAINE LEGISLATURE, NONPARTISAN LEGISLATIVE STAFF, THE EXECUTIVE BRANCH, THE STATES MEDIA, AND THE BROAD POLICY COMMUNITY. MAINE POLICY INSTITUTES PRODUCTS INCLUDE PUBLICATIONS, ARTICLES, A NEWS BUREAU, CONFERENCES, AND POLICY BRIEFINGS THAT ADVANCE INDIVIDUAL LIBERTY AND ECONOMIC FREEDOM IN MAINE. MAINE POLICY RESEARCHES AND FORMULATES INNOVATIVE AND PROVEN CONSERVATIVE PUBLIC POLICY SOLUTIONS FOR MAINE IN FOUR KEY AREAS: ECONOMICS AND TAXATION EDUCATION HEALTH CARE GOVERNMENT REFORM MAINE POLICY RELIES ON THE GENEROUS SUPPORT FROM INDIVIDUALS, CORPORATIONS, AND FOUNDATIONS, AND DOES NOT ACCEPT GOVERNMENT FUNDS OR PERFORM CONTRACT WORK. MAINE POLICY BOARD OF DIRECTORS HAS HELPED BUILD A STRONG ORGANIZATION, WITH EXCELLENT PROGRAMS, EXCEPTIONAL RESEARCH CAPABILITIES, OUTSTANDING LEADERSHIP, AND A GROWING MEMBERSHIP THAT HAS CONSISTENTLY SUPPORTED THE ORGANIZATIONS EXPANSION. IN EACH OF ITS PROGRAM AREAS, THE ORGANIZATION ACCOMPLISHES ITS MISSION THROUGH A STRAIGHTFORWARD, POWERFUL FIVE-PART APPROACH THAT INCLUDES: 1.FULLY ANALYZING THE ECONOMIC PROBLEMS THAT ARE HOLDING MAINE BACK; 2.THOROUGHLY INVESTIGATING THE ROOT CAUSES OF THE PROBLEMS AND IDENTIFYING PROVEN POLICY SOLUTIONS OFTEN SOLUTIONS THAT ARE ALREADY WORKING IN ANOTHER STATE; 3.AGGRESSIVELY EDUCATING THE PUBLIC, MEDIA AND POLICY MAKERS ABOUT THE IDENTIFIED PROBLEMS AND THEIR CAUSES; 4.RECOMMENDING PROVEN SOLUTIONS; AND, 5.UNCOMPROMISINGLY ADVOCATING INCLUDING GRASSROOTS AND OUTREACH FOR POLICY SOLUTIONS UNTIL THEY ARE IMPLEMENTED EVEN WHEN IT TAKES YEARS BECAUSE THE POLICIES WILL RESULT IN MAINE BECOMING MORE PROSPEROUS. FOR EACH OF THE FOUR POLICY AREAS LISTED ABOVE, MAINE POLICY HAS CLEAR AND MEASUREABLE POLICY OBJECTIVES. DOCUMENTED PROGRESS DEMONSTRATING THE ACHIEVEMENT OF POLICY OBJECTIVES AND INITIATIVES IS THE INDICATOR USED BY MAINE POLICY INSTITUTE TO MEASURE THE ORGANIZATIONS OVERALL IMPACT, EFFECTIVENESS AND SUCCESS. DONORS RECEIVE REGULAR PROGRESS REPORTS ON MAINE POLICYS ACTIVITIES AND ACCOMPLISHMENTS AS THE ORGANIZATION REALIZES ITS ULTIMATE GOALS OF ADVANCING PROSPERITY AND CREATING A MORE VIBRANT ECONOMY WITHIN MAINE. MAINE POLICY INSTITUTE HAS NEARLY 4,000 DONORS (94 PERCENT FROM MAINE) AND OUR EMAIL DISTRIBUTION LIST HAS MORE THAN 21,000 SUBSCRIBERS.
    Expenses $118,858 · revenue $9,171

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
22-3888250
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
2003
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B05)
Assets (IRS master file)
$891,365
Income (IRS master file)
$1,984,395

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,946,538$1,731,079$891,365XML
990December 2023$1,699,340$1,409,240$693,463XML
990December 2022$1,063,765$1,017,008$363,655IRS
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 22-3888250).

Questions about THE MAINE HERITAGE POLICY CENTER

What is the EIN of THE MAINE HERITAGE POLICY CENTER?
The employer identification number (EIN) of THE MAINE HERITAGE POLICY CENTER is 22-3888250.
Is THE MAINE HERITAGE POLICY CENTER tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to THE MAINE HERITAGE POLICY CENTER tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE MAINE HERITAGE POLICY CENTER 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 THE MAINE HERITAGE POLICY CENTER 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 THE MAINE HERITAGE POLICY CENTER 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 THE MAINE HERITAGE POLICY CENTER?
The 990 for the year ended December 31, 2024 names MATTHEW GAGNON.
Who are the officers and directors of THE MAINE HERITAGE POLICY CENTER?
The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $275,339 (MATTHEW GAGNON, CEO).
How much revenue does THE MAINE HERITAGE POLICY CENTER have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,946,538, expenses of $1,731,079 and total assets of $891,365 at year end.

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