Form 990 for tax year 2024
Filed by HANLEY CENTER FOR HEALTH LEADERSHIP AND EDUCATION.
What the amendment changed
Compared with the return it replaced , filed 17 November 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Contributions and grants received
- $532,587 changed to $534,337
- Program service revenue
- $564,860 changed to $563,110
Totals
- Total revenue
- $1,283,550
- Total expenses
- $1,529,742
- Contributions and grants received
- $534,337
- Grants paid
- $0
- Program service revenue
- $563,110
- Investment income
- $181,483
- Other revenue
- $4,620
- Total assets, end of year
- $6,543,276
- Total liabilities, end of year
- $378,839
- Net assets or fund balances, end of year
- $6,164,437
- Program services expenses (Part IX)
- $1,495,770
- Management and general expenses
- $33,972
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,495,770
Program services were 97.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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.
-
1b · Membership dues
$2,750
-
1f · All other contributions, gifts and grants
$531,587
-
2a · Program service revenue: PROGRAM TUITION
total $247,161 · related or exempt $247,161
-
2b · Program service revenue: CME ACCOUNT
total $215,322 · related or exempt $215,322
-
2c · Program service revenue: INT RECD ON STUDENT LOANS
total $91,330 · related or exempt $91,330
-
2d · Program service revenue: HANLEY EVENT
total $9,297 · related or exempt $9,297
-
3 · Investment income
total $105,075 · excluded $105,075
-
6a · Gross rents
real property $75,332
-
6b · Less rental expenses
real property $80,312
-
6c · Rental income or loss
real property -$4,980
-
6d · Net rental income or loss
total -$4,980 · related or exempt -$4,980
-
7a · Gross sales of assets other than inventory
securities $479,000 · other assets $7,200
-
7b · Less cost or other basis and sales expenses
securities $403,092 · other assets $6,700
-
7c · Gain or loss
securities $75,908 · other assets $500
-
7d · Net gain or loss
total $76,408 · related or exempt $76,408
-
11a · Other revenue: FISCAL SPONOSR FEE
total $9,600 · excluded $9,600
-
11e · Other revenue, total
$9,600
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $5,715 · program services $5,715
-
11b · Fees: legal
total $4,155 · management and general $4,155
-
11c · Fees: accounting
total $19,640 · program services $13,640 · management and general $6,000
-
11f · Fees: investment management
total $12,075 · program services $12,075
-
11g · Fees: other
total $3,000 · program services $3,000
-
12 · Advertising and promotion
total $6,907 · program services $6,607 · management and general $300
-
13 · Office expenses
total $3,100 · management and general $3,100
-
16 · Occupancy
total $4,205 · management and general $4,205
-
17 · Travel
total $20,239 · program services $20,239
-
22 · Depreciation, depletion and amortization
total $35,297 · program services $35,297
-
23 · Insurance
total $7,163 · management and general $7,163
-
24a · Other expenses: CONTRACTED EDUCATION EXPE
total $538,187 · program services $538,187
-
24b · Other expenses: STAFFING - HANLEY
total $404,581 · program services $404,581
-
24c · Other expenses: CONSULTANTS AND CONTRACTO
total $156,032 · program services $156,032
-
24d · Other expenses: CONFERENCE AND MEETINGS
total $108,398 · program services $108,398
-
24e · All other expenses
total $201,048 · program services $191,999 · management and general $9,049
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $151,319 · end of year $142,702
-
2 · Savings and temporary cash investments
beginning of year $1,095,815 · end of year $1,243,264
-
4 · Accounts receivable
beginning of year $283,336 · end of year $223,792
-
7 · Other notes and loans receivable
beginning of year $2,814,047 · end of year $2,741,300
-
9 · Prepaid expenses and deferred charges
beginning of year $10,417 · end of year $10,417
-
10a · Land, buildings and equipment: cost or other basis
$1,057,754
-
10b · Land, buildings and equipment: accumulated depreciation
$809,923
-
10c · Land, buildings and equipment, net
beginning of year $286,814 · end of year $247,831
-
11 · Investments: publicly traded securities
beginning of year $1,935,612 · end of year $1,926,435
-
14 · Intangible assets
beginning of year $10,549 · end of year $7,535
-
17 · Accounts payable and accrued expenses
beginning of year $6,989 · end of year $18,896
-
19 · Deferred revenue
beginning of year $30,711 · end of year $243,600
-
25 · Other liabilities
beginning of year $186,327 · end of year $116,343
-
27 · Net assets without donor restrictions
beginning of year $5,191,806 · end of year $5,127,175
-
28 · Net assets with donor restrictions
beginning of year $1,172,076 · end of year $1,037,262
Mission and programs · 2024
Mission
TO CONDUCT CONTINUING MEDICAL EDUCATION SEMINARS AND PROVIDE GRANTS AND CONTRIBUTIONS TO ORGANIZATIONS THAT CONTRIBUTE TO MEDICAL EDUCATION. TO GRANT LOANS TO PROMISING STUDENTS OF MEDICINE AND FOR THE PURPOSE OF MEDICAL EDUCATION. TO INSPIRE AND GROW COLLABORATIVE LEADERS TO SOLVE TODAY'S HEALTH CHALLENGES,
Activities or mission (Part I)
MAINE MEDICAL EDUCATION TRUST (THE ORGANIZATION) IS A MAINE NONPROFIT CORPORATION, ORGANIZED TO PROMOTE, SPONSOR, ORGANIZE, AND CONDUCT PROJECTS, PROGRAMS, AND RELATED ORGANIZATIONAL UNDERTAKINGS WHOSE PRIMARY PURPOSE AND OBJECTIVES ARE THE IMPROVEMENT AND UPGRADING OF MEDICAL PRACTICE THROUGH EDUCATION AND TRAINING; TO ASSIST AND ENCOURAGE INDIVIDUALS IN THEIR PURSUIT OF EDUCATION IN THE FIELD OF HEALTH CARE; TO PROMOTE, ENCOURAGE, SPONSOR, ORGANIZE AND CONDUCT PROGRAMS AND PROJECTS FOR PHYSICIANS AND OTHER HEALTH PROVIDERS; TO PROMOTE, SPONSOR, ORGANIZE, AND CONDUCT PROJECTS THAT PROMOTE AND PROTECT THE PUBLIC HEALTH; TO PUBLISH AND DISTRIBUTE GENERAL HEALTH INFORMATION TO INTERESTED PARTIES AND THE GENERAL PUBLIC; TO SUPPORT MEDICAL SCHOOLS; AND TO SUPPORT THE REHABILITATION OF IMPAIRED PHYSICIANS.
-
CONDUCTED CONTINUING MEDICAL EDUCATION SEMINARS AND PROVIDED GRANTS AND CONTRIBUTIONS TO ORGANIZATIONS THAT CONTRIBUTED TO MEDICAL EDUCATION.
Expenses $582,859 · Revenue $215,322
-
MEDICAL STUDENT LOAN GRANTING.
Expenses $169,311 · Revenue $91,330
-
MAINE'S PHYSICIAN EXECUTIVE LEADERSHIP INSTITUTE (PELI)AND THE HEALTH LEADERSHIP DEVELOPMENT PROGRAM (HLD) ARE PROGRAMS TO FURTHER THE SKILLS AND EDUCATION OF HEALTHCARE PROFESSIONALS
Expenses $743,600 · Revenue $247,161
-
Revenue $9,297
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Erik Steele DoERIK STEELE DO
PRESIDENT EL
- Total calculated
- $0
- Hours/week
- 1
-
Sean HanleySEAN HANLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lisa LetourneauLISA LETOURNEAU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey Barkin MDJEFFREY BARKIN MD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Jo Linder MDJO LINDER MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mylan Cohen MDMYLAN COHEN MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dora Anne MillsDORA ANNE MILLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lisa RyanLISA RYAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Suzanne RyderSUZANNE RYDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Toho SomaTOHO SOMA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Suzanne SpruceSUZANNE SPRUCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Susan WoodsSUSAN WOODS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501C · SUBCONTRAC · ME
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 28 July 2026
- IRS schema version
- 2024v5.0
- Source object
- 202642109349301954
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