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Filing year 2023

GULF OF MAINE PROPERTIES INC

Portland, Maine·EIN 20-1480528·NTEE U11 · Science & Technology·501(c)(3)
Total revenue
$1.1M
Total assets
$10.4M
Total expenses
$1.1M
Reported officers
6
Mission

TO ACQUIRE, HOLD, MANAGE, MAINTAIN, DEVELOP, OR DISPOSE OF REALPROPERTY FOR THE BENEFIT OF AND IN CONNECTION WITH THE GULF OF MAINERESEARCH INSTITUTE.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Science & Technology organizations nationwide.

President Thru 12/31/23
25th percentile to median
$105k
$118k
President
10th to 25th percentile
$28k
$31k
Treasurer
Officer (Unspecified)
$12k
$13k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Science & Technology

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at GULF OF MAINE PROPERTIES INC equaled 10% of the organization's total expenses. The median for science & technology organizations is 9%.

This organization (2023)
10%
Sector median
9%
Middle half of sector
4% to 21%

Based on 1,078 science & technology organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 50%
from 2022

From $209k in 2022 to $105k in 2023.

$209k
2022
$105k
2023
In today's dollarsEst.
Down 51% in real terms$241k to $118k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 50% from 2022 to 2023, while revenue fell 9%.

$209k in 2022 to $105k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about GULF OF MAINE PROPERTIES INC

What does the Chief Executive Officer of GULF OF MAINE PROPERTIES INC earn?

In 2023, the Chief Executive Officer of GULF OF MAINE PROPERTIES INC received $105,446 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Science & Technology organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GULF OF MAINE PROPERTIES INC compare with similar nonprofits?

Compared with the same role at Science & Technology organizations nationwide, the 2023 pay of the Chief Executive Officer at GULF OF MAINE PROPERTIES INC falls between the 25th percentile and the median. In 2023, the highest total compensation at GULF OF MAINE PROPERTIES INC equaled 10% of the organization's total expenses. The median for science & technology organizations is 9%.

What are GULF OF MAINE PROPERTIES INC's revenue and expenses?

In 2023, GULF OF MAINE PROPERTIES INC reported $1.1M in total revenue and $1.1M in total expenses on its IRS Form 990.

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