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Filing year 2023

MAINE EDUCATION ASSOCIATION BENEFITS TRUST

Augusta, Maine·EIN 01-0479776·9
Total revenue
$591.8M
Total assets
$170M
Total expenses
$587.2M
Reported officers
11
Mission

TO PROVIDE HEALTH AND OTHER BENEFITS TO ITS MEMBERS' EMPLOYEES.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Executive Director
$223k
$249k
Base
$164k
Bonus
Other
Benefits
$30k

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 10 unpaid individuals.

Up 3%
from 2022

From $217k in 2022 to $223k in 2023.

$217k
2022
$223k
2023
In today's dollarsEst.
Roughly flat in real terms$250k to $249k

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.

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

Revenue and expenses over time

MAINE EDUCATION ASSOCIATION BENEFITS TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$582.9M
$571.5M
2022
$591.8M
$587.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
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