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Nonprofiteer
← MAINE COMMUNITY HEALTH OPTIONS

Form 990 for tax year 2024

Filed by MAINE COMMUNITY HEALTH OPTIONS.

Totals

Total revenue
$303,837,975
Total expenses
$337,142,473
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$301,937,399
Investment income
$1,900,576
Other revenue
$0
Total assets, end of year
$124,258,026
Total liabilities, end of year
$78,774,314
Net assets or fund balances, end of year
$45,483,712
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: PREMIUM REVENUE

    total $301,937,399 · related or exempt $301,937,399

  • 3 · Investment income

    total $1,901,229 · unrelated business $54,007 · excluded $1,847,222

  • 7b · Less cost or other basis and sales expenses

    other assets $653

  • 7c · Gain or loss

    other assets -$653

  • 7d · Net gain or loss

    total -$653 · excluded -$653

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $295,641,854

  • 5 · Compensation of officers, directors and key employees

    total $1,591,504

  • 7 · Other salaries and wages

    total $17,444,916

  • 8 · Pension plan contributions

    total $429,388

  • 9 · Other employee benefits

    total $2,787,024

  • 10 · Payroll taxes

    total $1,104,668

  • 11b · Fees: legal

    total $635,023

  • 11c · Fees: accounting

    total $292,051

  • 11d · Fees: lobbying

    total $60,250

  • 11f · Fees: investment management

    total $189,946

  • 11g · Fees: other

    total $1,609,703

  • 12 · Advertising and promotion

    total $1,009,186

  • 13 · Office expenses

    total $950,210

  • 14 · Information technology

    total $5,092,008

  • 16 · Occupancy

    total $51,474

  • 17 · Travel

    total $73,979

  • 22 · Depreciation, depletion and amortization

    total $96,634

  • 23 · Insurance

    total $521,807

  • 24a · Other expenses: GOVERNMENT MANDATED FEE

    total $7,366,109

  • 24b · Other expenses: DUES, ASSOC. AND MEMBER

    total $194,739

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $10,677,808 · end of year $5,574,744

  • 2 · Savings and temporary cash investments

    beginning of year $12,255,770 · end of year $126,002

  • 4 · Accounts receivable

    beginning of year $6,588,869 · end of year $9,508,610

  • 11 · Investments: publicly traded securities

    beginning of year $111,605,737 · end of year $100,270,907

  • 15 · Other assets

    beginning of year $15,976,226 · end of year $8,777,763

  • 17 · Accounts payable and accrued expenses

    beginning of year $39,366,091 · end of year $41,838,204

  • 25 · Other liabilities

    beginning of year $27,031,915 · end of year $36,936,110

  • 27 · Net assets without donor restrictions

    beginning of year $90,706,404 · end of year $45,483,712

Mission and programs · 2024

Mission

SEE SCHEDULE O

Activities or mission (Part I)

TO PARTNER WITH MAINE PEOPLE, BUSINESSES, AND HEALTH PROFESSIONALS TO PROVIDE AFFORDABLE, HIGH-QUALITY BENEFITS THAT PROMOTE HEALTH AND WELLBEING.

  • THE ORGANIZATION WAS ESTABLISHED AND OPERATES AS A CONSUMER-OPERATED AND ORIENTED PLAN ("CO-OP") IN ACCORDANCE WITH THE PROVISIONS OF SECTION 1322 OF THE PATIENT PROTECTION AND AFFORDABLE CARE ACT. AS A CONSUMER-GOVERNED NONPROFIT HEALTH INSURANCE ISSUER, THE ORGANIZATION: (1) PARTNERS WITH MEMBERS, BUSINESSES, AND HEALTH PROFESSIONALS TO PROVIDE AFFORDABLE, HIGH-QUALITY BENEFITS THAT PROMOTE HEALTH AND WELLBEING, (2) CREATES AND DEVELOPS INNOVATIVE FORMS OF HEALTHCARE DELIVERY FOR THE PURPOSE OF CREATING BETTER HEALTHCARE VALUE THROUGH IMPROVED HEALTH OUTCOMES AT LOWER COST, AND (3) PROMOTES THE HEALTH OF THE PEOPLE OF MAINE AND EDUCATES THE PUBLIC ABOUT HEALTH, HEALTHCARE, AND RELATED TOPICS.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jeff Norris

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Holly Korda

    CHAIR (THRU 12/2024)

    Total calculated
    $0
    Hours/week
    2

  • Rebecca Swanson Conrad

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Asher Kramer

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Judiann Ferretti Smith

    SECRETARY (THRU 12/2024)

    Total calculated
    $0
    Hours/week
    2

  • Paul Andrews

    DIRECTOR (THRU 12/2024)

    Total calculated
    $0
    Hours/week
    2

  • Lisa Bard Levine

    DIRECTOR (AS OF 1/2024)

    Total calculated
    $0
    Hours/week
    2

  • Leslie Clark

    DIRECTOR (THRU 12/2024)

    Total calculated
    $0
    Hours/week
    2

  • Jerod Cronkite

    DIRECTOR (THRU 12/2024)

    Total calculated
    $0
    Hours/week
    2

  • Cheryl Greaney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jim Harrison

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Ralph Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dr Robert Lorenzo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Cory McKenna

    DIRECTOR (THRU 12/2024)

    Total calculated
    $0
    Hours/week
    2

  • Laurie Reed

    DIRECTOR (AS OF 1/2024)

    Total calculated
    $0
    Hours/week
    2

  • Sharon Reishus

    DIRECTOR (THRU 12/2024)

    Total calculated
    $0
    Hours/week
    2

  • Andy Tomlinson

    DIRECTOR (AS OF 1/2024)

    Total calculated
    $0
    Hours/week
    2

  • Kevin Lewis

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $456,656
    From this org
    $420,144
    From related orgs
    $0
    Other
    $36,512
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $420,144
    Bonus
    $0
    Other
    $0
    Deferred
    $13,800
    Nontaxable benefits
    $22,712
    Filer's total
    $456,656

  • Lori W Tishler MD MPH

    CHIEF MEDICAL OFFICER

    Total calculated
    $446,387
    From this org
    $389,066
    From related orgs
    $0
    Other
    $57,321
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $389,066
    Bonus
    $0
    Other
    $0
    Deferred
    $13,800
    Nontaxable benefits
    $43,521
    Filer's total
    $446,387

  • William Kilbreth

    CHIEF INFORMATION OFFICER

    Total calculated
    $332,911
    From this org
    $277,858
    From related orgs
    $0
    Other
    $55,053
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $277,858
    Bonus
    $0
    Other
    $0
    Deferred
    $11,343
    Nontaxable benefits
    $43,710
    Filer's total
    $332,911

  • Joanne Lauterbach

    CHIEF FINANCIAL OFFICER

    Total calculated
    $303,805
    From this org
    $285,377
    From related orgs
    $0
    Other
    $18,428
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $285,377
    Bonus
    $0
    Other
    $0
    Deferred
    $11,385
    Nontaxable benefits
    $7,043
    Filer's total
    $303,805

  • David L Stuart

    CHIEF OPERATING OFFICER (THRU 9/6/24)

    Total calculated
    $261,892
    From this org
    $219,060
    From related orgs
    $0
    Other
    $42,832
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $219,060
    Bonus
    $0
    Other
    $0
    Deferred
    $9,106
    Nontaxable benefits
    $33,726
    Filer's total
    $261,892

  • Heather L Bouffard

    DIRECTOR MARKETING/COMMUNICATIONS

    Total calculated
    $249,934
    From this org
    $211,518
    From related orgs
    $0
    Other
    $38,416
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $210,018
    Bonus
    $1,500
    Other
    $0
    Deferred
    $8,548
    Nontaxable benefits
    $29,868
    Filer's total
    $249,934

  • Kirk Miklavic

    VP HUMAN RESOURCES

    Total calculated
    $237,791
    From this org
    $195,434
    From related orgs
    $0
    Other
    $42,357
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $193,934
    Bonus
    $1,500
    Other
    $0
    Deferred
    $8,124
    Nontaxable benefits
    $34,233
    Filer's total
    $237,791

  • Grayson Stuntz

    DIRECTOR INFO TECHNOLOGY

    Total calculated
    $198,371
    From this org
    $185,996
    From related orgs
    $0
    Other
    $12,375
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $184,496
    Bonus
    $1,500
    Other
    $0
    Deferred
    $7,425
    Nontaxable benefits
    $4,950
    Filer's total
    $198,371

  • Deborah S Yolin Raley

    VP CLINICAL OPS (THRU 9/2/24)

    Total calculated
    $214,446
    From this org
    $174,383
    From related orgs
    $0
    Other
    $40,063
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,383
    Bonus
    $0
    Other
    $0
    Deferred
    $6,710
    Nontaxable benefits
    $33,353
    Filer's total
    $214,446

  • Jacquelyn Hedlund

    SENIOR MEDICAL DIRECTOR

    Total calculated
    $172,525
    From this org
    $172,525
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $171,025
    Bonus
    $1,500
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $172,525

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
CERTAIN INDIVIDUALS RECEIVED A NON-FIXED BONUS PAYMENT. THESE PAYMENTS WERE DISCRETIONARY AND REQUIRED BOARD APPROVAL.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • COMMUNITY OPTIONS LLC

    LICENSED RESIDENT PRODUCER AGENCY · ME · income $31,655 · assets $98,863

    Directly controlled by MAINE COMMUNITY HEALTH OPTIONS

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202503219349303360

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