- Revenue 2025
- $37,072,317
- Expenses 2025
- $35,715,300
As filed
- Subsection
- 09
- NTEE code
- Y43
- Classification
- 1000
- Street
- 2 THOMAS DR
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Other organizations at this address
3 other organizations in the IRS Business Master File list the same street address. matched by us
We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.
-
HIGHER EDUCATION ASSISTANCE FOUNDATION
EIN 01-0265587
-
MAINE BANKERS ASSOCIATION
EIN 01-0155360
-
THE MAINE CHAPTER OF THE RISK MANAGEMENT ASSOCIATION
EIN 01-0515875
Mission and programs · 2025
Mission
The VEBA trust was formed for the purpose of funding and administering employee benefit plans established and maintained by members of the Maine Bankers Association for their respective employees.
-
The Maine Financial Institutions Employee Benefits Trust funds and administers the Maine Bankers Association Employee Benefit Plan (the Plan) established and maintained by certain Maine financial institutions for their respective employees.The Plan offers health, life, accidental death and dismemberment, hospital, surgical, prescription drug, dental, vision, accident expenses, basic and major medical, long- and short-term disability coverage, and sponsors participation based wellness programs for participating members of Maine Bankers Association.
As filed on the 2025 return.
Officers and directors · 2025
As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Timothy Thompson
Chair
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jeanne Hulit
Trustee
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Stephen deCastro
Trustee
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Robert Montgomery-Rice
Trustee
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Matt Nightingale
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
David Cohen
Trustee
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Lannie Moffatt
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Glenn Hutchinson
Trustee
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mark Jones
Trustee
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Blaine Boudreau
Past Trustee
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
James J Roche
President
- Total calculated
- $475,822
- From this org
- $0
- From related orgs
- $452,502
- Other
- $23,320
- Hours/week
- 0.47 + 37.03 related
Schedule J breakdown matched by us
- Base
- $0 + $361,777 related
- Bonus
- $0 + $75,000 related
- Other
- $0 + $15,725 related
- Deferred
- $0 + $21,000 related
- Nontaxable benefits
- $0 + $2,320 related
- Filer's total
- $0 + $475,822 related
-
Marcia M Ferguson
Chief Operating Officer
- Total calculated
- $232,262
- From this org
- $0
- From related orgs
- $210,755
- Other
- $21,507
- Hours/week
- 27.99 + 9.51 related
Schedule J breakdown matched by us
- Base
- $0 + $180,755 related
- Bonus
- $0 + $30,000 related
- Other
- $0
- Deferred
- $0 + $11,302 related
- Nontaxable benefits
- $0 + $10,205 related
- Filer's total
- $0 + $232,262 related
-
Liza M Wells
VP & Treasurer
- Total calculated
- $157,987
- From this org
- $0
- From related orgs
- $139,964
- Other
- $18,023
- Hours/week
- 11.61 + 25.89 related
Schedule J breakdown matched by us
- Base
- $0 + $121,464 related
- Bonus
- $0 + $18,500 related
- Other
- $0
- Deferred
- $0 + $7,792 related
- Nontaxable benefits
- $0 + $10,231 related
- Filer's total
- $0 + $157,987 related
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. Earlier years are each on their own filing page.
Filings
-
2025
- Revenue
- $37,072,317
- Expenses
- $35,715,300
- Contributions
- $0
- Grants paid
- $0
-
2024
- Revenue
- $35,016,697
- Expenses
- $34,973,651
- Contributions
- $0
- Grants paid
- $0
-
2023
- Revenue
- $34,804,942
- Expenses
- $37,255,454
- Contributions
- $0
- Grants paid
- $0
-
2022
- Revenue
- $30,607,059
- Expenses
- $31,450,649
- Contributions
- $0
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $31,217,132
- Expenses
- $29,318,033
- Assets (EOY)
- $15,345,410
-
2020 · 990
- Revenue
- $29,142,977
- Expenses
- $26,198,158
- Assets (EOY)
- $13,742,668
-
2019 · 990
- Revenue
- $27,862,085
- Expenses
- $28,713,268
- Assets (EOY)
- $10,807,821
-
2018 · 990
- Revenue
- $34,637,360
- Expenses
- $34,343,811
- Assets (EOY)
- $12,572,132
-
2017 · 990
- Revenue
- $33,113,945
- Expenses
- $32,009,912
- Assets (EOY)
- $11,948,053
-
2016 · 990
- Revenue
- $30,808,655
- Expenses
- $29,852,705
- Assets (EOY)
- $10,848,787
-
2015 · 990
- Revenue
- $29,756,350
- Expenses
- $27,365,547
- Assets (EOY)
- $9,289,669
-
2014 · 990
- Revenue
- $31,010,104
- Expenses
- $29,873,874
- Assets (EOY)
- $5,348,276
-
2013 · 990
- Revenue
- $28,364,005
- Expenses
- $29,035,995
- Assets (EOY)
- $6,084,079
-
2012 · 990
- Revenue
- not reported
- Expenses
- $26,657,099
- Assets (EOY)
- $6,698,058
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2025 return
-
501(c)(6) · Trade Association · ME
Declared as related by
-
On its 2024 return as a controlled entity
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Related corporations and trusts on its 2025 return
-
Aroostook County Federal Savings & Loan
-
Bangor Savings Bank
-
Bar Harbor Bankshares
-
Bar Harbor Savings & Loan
-
Bath Savings Institution
-
Bigelow Investment Advisors
-
First Federal Savings & Loan Association of Bath
-
First National Bank
-
Franklin Savings Bank
-
Katahdin Trust Company
-
Maine Community Bank
-
Partners Bank
-
Portland Trust Company
-
Rockland Savings & Loan Association
-
Saco & Biddeford Savings Institution
-
Skowhegan Savings Bank
-
Spinnaker Trust
-
Association Services Inc
C · Administration Services · ME
-
Community Banks Insurance Agency
C · Insurance Services · ME
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.