Maine Bankers Association provides advocacy, education, and resources to safeguard and advance the interests of our members. The Maine Bankers Association has served Maine's banking industry since 1893. The Association offers industry representation in legislative and regulatory matters at the state and federal level. It sponsors educational programs and forums for banks to exchange valuable industry information. The Association also sponsors insurance programs, provides regulatory and compliance assistance and facilitates media relations on behalf of member banks.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $348k
- Bonus
- $75k
- Other
- $18k
- Benefits
- $14k
- Base
- $175k
- Bonus
- $27k
- Other
- —
- Benefits
- $30k
- Base
- $110k
- Bonus
- $14k
- Other
- $91k
- Benefits
- $6k
- Base
- $128k
- Bonus
- $14k
- Other
- $10k
- Benefits
- $25k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President Above 90th percentile | $348k | $75k | $18k | $14k | $475k $513k |
Chief Operating Officer 75th to 90th percentile | $175k | $27k | — | $30k | $243k $262k |
Past SVP & Treasurer Senior Vice President Median to 75th percentile | $110k | $14k | $91k | $6k | $226k $244k |
Dir. of Govt Relations Highest Compensated Employee Median to 75th percentile | $128k | $14k | $10k | $25k | $184k $199k |
VP & Treasurer Vice President 75th to 90th percentile | — | — | — | — | $146k $158k |
Dir. of Employee Benefits Highest Compensated Employee 25th percentile to median | — | — | — | — | $140k $151k |
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 36 unpaid individuals.
Up 2%
from 2023
From $466k in 2023 to $475k in 2024.
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.
Chief Executive Officer pay rose 2% from 2023 to 2024, while revenue rose 5%.
- Senior Vice President pay fell 5% from 2023 to 2024.
- Highest Compensated Employee pay rose 12% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
Maine Bankers Association reported revenue and expenses across 2 filing years.
Common questions about Maine Bankers Association
What does the Chief Executive Officer of Maine Bankers Association earn?
In 2024, the Chief Executive Officer of Maine Bankers Association received $475,092 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Maine Bankers Association compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at Maine Bankers Association falls in the top 10%.
What are Maine Bankers Association's revenue and expenses?
In 2024, Maine Bankers Association reported $2.8M in total revenue and $2.8M in total expenses on its IRS Form 990.
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