Maine Life Care Retirement Community (dba Piper Shores) offers a vibrant retirement living lifestyle that enriches residents by providing a continuum of the highest quality of care and service. Piper Shores will help all residents realize their optimum potential by cultivating a rich diversity of life experience that connects to innovative programs and services.
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 Housing & Shelter organizations nationwide.
- Base
- $381k
- Bonus
- $82k
- Other
- —
- Benefits
- $10k
- Base
- $209k
- Bonus
- $30k
- Other
- —
- Benefits
- $15k
- Base
- $210k
- Bonus
- $29k
- Other
- —
- Benefits
- $10k
- Base
- $200k
- Bonus
- $22k
- Other
- —
- Benefits
- $10k
- Base
- $150k
- Bonus
- $18k
- Other
- —
- Benefits
- $21k
- Base
- $156k
- Bonus
- $19k
- Other
- —
- Benefits
- $10k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentilevs Housing & Shelter peers in Maine | $381k | $82k | — | $10k | $485k $524k |
Finance Director Above 90th percentile | $209k | $30k | — | $15k | $263k $284k |
COO Above 90th percentile | $210k | $29k | — | $10k | $259k $280k |
Marketing Director Director (Operational) Above 90th percentile | $200k | $22k | — | $10k | $241k $260k |
Chief Nursing Officer Highest Compensated Employee 75th to 90th percentile | $150k | $18k | — | $21k | $192k $207k |
Facilities Director Highest Compensated Employee 75th to 90th percentile | $156k | $19k | — | $10k | $187k $202k |
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 19 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at Maine Life Care Retirement Community Inc equaled 1% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 10%
from 2023
From $442k in 2023 to $485k 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 10% from 2023 to 2024, while revenue rose 28%.
- Chief Financial Officer pay rose 7% from 2023 to 2024.
- Chief Operating Officer pay rose 3% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Maine Life Care Retirement Community Inc
What does the Chief Executive Officer of Maine Life Care Retirement Community Inc earn?
In 2024, the Chief Executive Officer of Maine Life Care Retirement Community Inc received $485,016 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Maine: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Maine Life Care Retirement Community Inc compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Maine, the 2024 pay of the Chief Executive Officer at Maine Life Care Retirement Community Inc falls in the top 10%. In 2024, the highest total compensation at Maine Life Care Retirement Community Inc equaled 1% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are Maine Life Care Retirement Community Inc's revenue and expenses?
In 2024, Maine Life Care Retirement Community Inc reported $37M in total revenue and $33.6M in total expenses on its IRS Form 990.
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