Form 990 for tax year 2023
Filed by EMPLOYEES OF MUNICIPAL & OTHER PUB- LIC EMPLOYERS OF ME HEALTH INS TR.
Totals
- Total revenue
- $198,593,935
- Total expenses
- $204,761,655
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $195,217,116
- Investment income
- $3,376,819
- Other revenue
- $0
- Total assets, end of year
- $114,007,131
- Total liabilities, end of year
- $23,172,138
- Net assets or fund balances, end of year
- $90,834,993
- 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 Contributions
total $195,217,116 · related or exempt $195,217,116
-
3 · Investment income
total $3,376,819 · excluded $3,376,819
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $196,046,217
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $138,662
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $447,190
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $59,449
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $14,949
-
23 · Insurance
total $38,727
-
24a · Other expenses: Claims Service Fees
total $4,172,181
-
24b · Other expenses: Plan Management Fees
total $3,675,916
-
24c · Other expenses: Data Initiatives
total $182,071
-
24e · All other expenses
total -$13,707
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $45,270,253 · end of year $27,496,407
-
4 · Accounts receivable
beginning of year $1,812,887 · end of year $3,196,357
-
9 · Prepaid expenses and deferred charges
beginning of year $65,049 · end of year $82,082
-
10a · Land, buildings and equipment: cost or other basis
$74,753
-
10b · Land, buildings and equipment: accumulated depreciation
$22,425
-
10c · Land, buildings and equipment, net
beginning of year $67,278 · end of year $52,328
-
11 · Investments: publicly traded securities
beginning of year $70,465,831 · end of year $83,179,957
-
17 · Accounts payable and accrued expenses
beginning of year $21,432,828 · end of year $23,052,072
-
19 · Deferred revenue
beginning of year $794,367 · end of year $120,066
-
31 · Retained earnings, endowment or other funds
beginning of year $95,454,103 · end of year $90,834,993
Mission and programs · 2023
Mission
To meet the needs of the local government employees, retirees, dependents, and employer groups by providing , cost-effective, quality employee benefits programs and superior services.
Activities or mission (Part I)
To provide quality health and other related benefits on a self insured basis to employees of participating municipalities, counties, quasi-municipal and other public and non-profit entities in the State of Maine.
-
Provided quality health, dental. STD, LTD, Life and vision benefits to employees, retirees, and dependents of participating municipal and quasi-municipal employers public and non-profit.
As filed on the 2023 return.
Listed in Part VII
-
Gregory L'Heureux
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Stephen Fields
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Donald Gerrish
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Ellen Bemis
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan Carter
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Dale Olmstead
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Richard Metivier
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
James Gailey
Vice Chair Person
- Total calculated
- $0
- Hours/week
- 1
-
Melissa Flayhan
Chair Person
- Total calculated
- $0
- Hours/week
- 1
-
Jessica Maloy
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Diane Barnes
Trustee
- 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.
-
Maine Municipal Association
501c4 · Support Municipality · ME
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 21 June 2024
- IRS schema version
- 2023v5.0
- Source object
- 202411739349300706
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