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Nonprofit · EIN 23-7257058

RESEARCH & EDUCATION TRUST

Tax-exempt · AUGUSTA, ME 04330

Financials

$186K$217K2022$238K$184K2023$239K$179K2024
Revenue Expenses · by fiscal year end
Financials of RESEARCH & EDUCATION TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$238,515$179,068$59,447$118,485$0$118,485
September 30, 2024990$237,700$184,475$53,225$59,038$0$59,038
September 30, 2023990$186,000$217,034-$31,034$5,813$0$5,813
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$30,515
Program service revenue
$208,000
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$129,974
Salaries, compensation and benefits (total)
$160,288
Professional fundraising fees
$0
Accounting fees
$3,849
Occupancy
$6,875
Travel
$4,697
Program services (functional)
$171,702
Management and general (functional)
$7,366

Balance sheet and other

Total assets, start of year
$59,038
Total assets, end of year
$118,485
Total liabilities, end of year
$0
Net assets, end of year
$118,485
Net assets without donor restrictions
$118,485
Gross receipts
$238,515
Employees
3
Volunteers
5
Year formed
1972
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Steven MichaudPresident
Trustee or director, Officer
2$0$630,742$44,722
Christina MaguireChair
Trustee or director, Officer
1$0$0$0
Steve LittlesonVice Chair
Trustee or director, Officer
1$0$0$0
Nate HowellTreasurer
Trustee or director, Officer
1$0$0$0
Patrick TaylorSecretary
Trustee or director, Officer
1$0$0$0
990 for the year ended September 30, 2024: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Steven MichaudPresident
Trustee or director, Officer
2$0$604,775$39,786
Christina MaguireVice Chair
Trustee or director, Officer
1$0$0$0
Steve LittlesonTreasurer
Trustee or director, Officer
1$0$0$0
Nate HowellSecretary
Trustee or director, Officer
1$0$0$0
Tricia CostiganDirector
Trustee or director
1$0$0$0
Crystal LandryPast Treasurer/Chair
Trustee or director, Officer
1$0$0$0
Shawn AndersonPast Secretary
Trustee or director, Officer
1$0$0$0
Steve DiazPast Director
Trustee or director
1$0$0$0
990 for the year ended September 30, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Steven MichaudPresident
Trustee or director, Officer
1$0$588,332$33,805
John RonanChair
Trustee or director, Officer
1$0$0$0
Crystal LandryTreasurer
Trustee or director, Officer
1$0$0$0
Shawn AndersonSecretary
Trustee or director, Officer
1$0$0$0
Steve DiazDirector
Trustee or director
1$0$0$0
Jeffrey SandersPast Vice Chair
Trustee or director, Officer
1$0$0$0
Mark FourrePast Director
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
33 FULLER STREET, AUGUSTA, ME 04330-0000
Principal officer (990 for 2024)
Steven Michaud, 33 Fuller Street, Augusta, ME 04330
Signed the 990
Steven Michaud, President
Phone
(207) 622-4794
Return prepared by
Berry Dunn McNeil & Parker LLC

Mission

To promote and sponsor educational programs for training of hospital and healthcare personnel and foster research in hospital administration.

990 for the year ended September 30, 2025

Program accomplishments

  • The Research and Education Trust (RET) provides information and education on a continuing basis on hospital policymaking and current health care issues through education programs.
    Expenses $171,702 · revenue $208,000

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
23-7257058
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
1973
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E21P)
Assets (IRS master file)
$118,485
Income (IRS master file)
$238,515

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$238,515$179,068$118,485XML
990September 2024$237,700$184,475$59,038XML
990September 2023$186,000$217,034$5,813XML
990September 2022$215,679$210,681$51,643IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 23-7257058).

Questions about RESEARCH & EDUCATION TRUST

What is the EIN of RESEARCH & EDUCATION TRUST?
The employer identification number (EIN) of RESEARCH & EDUCATION TRUST is 23-7257058.
Is RESEARCH & EDUCATION TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to RESEARCH & EDUCATION TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RESEARCH & EDUCATION 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 RESEARCH & EDUCATION TRUST due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RESEARCH & EDUCATION TRUST last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of RESEARCH & EDUCATION TRUST?
The 990 for the year ended September 30, 2025 names Steven Michaud.
Who are the officers and directors of RESEARCH & EDUCATION TRUST?
The 990 for the year ended September 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does RESEARCH & EDUCATION TRUST have?
On its 990 for the year ended September 30, 2025 it reported revenue of $238,515, expenses of $179,068 and total assets of $118,485 at year end.

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